About the Company
The Company primarily operates in the automotive segment. The company's automotive operations are further subdivided into Tata and other brand vehicles like Jaguar Land Rover which has enabled the company to enter the premium car market in developed markets such as the United Kingdom, the United States, Europe and China as well as several emerging markets such as Russia, Brazil and South Africa amongst others. Company produces wide range of products like Passenger Cars, Utility Vehicles, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles.
Automotive sector had an eventful fiscal 2017 due to ban on diesel cars, sale and registration of BSIII vehicles, and demonetization. The growth in sectors like motor vehicles, …show more content…
Cash generated also saw a decline which had an impact since the Company finances its capital expenditures and research and development investments through cash generated from operation, cash, and cash equivalents, debt and equity funding. However, the Company’s cash and bank balances on a consolidated basis were higher than last year’s which enable the Company to cater to business needs in the event of changes in market conditions. The Company uses this generated cash operation to fund its short-term working capital requirements, short and medium-term borrowings from lending institutions. However, there is a fear that its sufficient available liquidity could be materially and adversely affected by an economic slowdown. However, on a standalone basis, the Company fared better. This is evident in the increase in income from operations but its cash and cash equivalents were lower than previous year due to reduction in balances and deposits with banks.
Revenues for Jaguar Land Rover for Fiscal 2017 increased by 9.2% compared to previous year primarily due to more favorable foreign exchange environment with the weaker pound following Brexit. Tata Motors Finance Ltd, however, saw a decline of 15.7% while Tata Daewoo Commercial and Tata Technologies saw an increase of 17.3% and 4.4%
The Company primarily operates in the automotive segment. The company's automotive operations are further subdivided into Tata and other brand vehicles like Jaguar Land Rover which has enabled the company to enter the premium car market in developed markets such as the United Kingdom, the United States, Europe and China as well as several emerging markets such as Russia, Brazil and South Africa amongst others. Company produces wide range of products like Passenger Cars, Utility Vehicles, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles.
Automotive sector had an eventful fiscal 2017 due to ban on diesel cars, sale and registration of BSIII vehicles, and demonetization. The growth in sectors like motor vehicles, …show more content…
Cash generated also saw a decline which had an impact since the Company finances its capital expenditures and research and development investments through cash generated from operation, cash, and cash equivalents, debt and equity funding. However, the Company’s cash and bank balances on a consolidated basis were higher than last year’s which enable the Company to cater to business needs in the event of changes in market conditions. The Company uses this generated cash operation to fund its short-term working capital requirements, short and medium-term borrowings from lending institutions. However, there is a fear that its sufficient available liquidity could be materially and adversely affected by an economic slowdown. However, on a standalone basis, the Company fared better. This is evident in the increase in income from operations but its cash and cash equivalents were lower than previous year due to reduction in balances and deposits with banks.
Revenues for Jaguar Land Rover for Fiscal 2017 increased by 9.2% compared to previous year primarily due to more favorable foreign exchange environment with the weaker pound following Brexit. Tata Motors Finance Ltd, however, saw a decline of 15.7% while Tata Daewoo Commercial and Tata Technologies saw an increase of 17.3% and 4.4%