Financial Performance (FY 2025-26)
Tata Investment Corporation reported strong financial results for FY26 with standalone profit after tax of ₹350.16 crore, up from ₹282.52 crore in FY25. Total income stood at ₹426.34 crore, while profit before tax was ₹383.20 crore. Earnings per share reached ₹6.92 (restated for stock split). The company proposed a final dividend of ₹3.40 per share (face value ₹1) totaling ₹172.02 crore, subject to shareholder approval at the upcoming AGM.
Investment Portfolio Analysis
The company's total investment portfolio decreased to ₹3,20,853 crore as of March 31, 2026, from ₹3,43,429 crore in the previous year, representing a 6.57% decline. The portfolio comprises:
Fair Value Through OCI: ₹3,07,880.63 crore (quoted equity: ₹2,94,553.66 crore, unquoted equity: ₹11,310.91 crore)
Fair Value Through P&L: ₹11,311.23 crore (debt/equity mutual funds: ₹6,139.82 crore, government securities: ₹2,373.73 crore, ETFs: ₹451.29 crore - new category)
At Amortised Cost: ₹1,721.56 crore (certificate of deposits)
Significant portfolio changes include increased allocation to Government Securities (₹237.37 crore vs ₹370.56 crore previous) and new investments in ETFs worth ₹45.13 crore. Major sector exposures include Financial Services (₹33,388.91 crore), FMCG & Consumer Durables (₹13,765.38 crore), and Automobiles & Auto Components (₹10,547.23 crore).
Corporate Actions and AGM Details
The company will hold its 89th Annual General Meeting virtually on July 1, 2026, to:
1. Adopt audited standalone and consolidated financial statements for FY 2025-26
2. Declare dividend of ₹3.40 per share
3. Re-appoint Mr. Suprakash Mukhopadhyay who retires by rotation
Record Date for Dividend: June 10, 2026
Payment Date: On or after July 2, 2026 (electronic payment only per SEBI mandate)
The company completed a 1:10 stock split effective October 14, 2025, subdividing shares from ₹10 to ₹1 face value, resulting in 505,952,960 shares outstanding.
Regulatory Compliance and Governance
The company maintains full compliance with SEBI Listing Regulations, Companies Act, 2013, and RBI guidelines. As a Middle Layer NBFC (Non-Deposit taking Systemically Important), it reported CRAR of 101.73% (Tier I). The board conducted 6 meetings during FY26 with active committee oversight. Comprehensive ESG disclosures include a Business Responsibility and Sustainability Report with independent reasonable assurance on BRSR Core indicators from RSM Astute Consulting.
Subsidiary and Associate Companies
Subsidiary: Simto Investment Company Limited (100% owned, fair value: ₹571.09 crore)
Associates:
- Tata Asset Management Private Limited (32.09% holding)
- Tata Trustee Company Private Limited (50% holding)
- Amalgamated Plantations Private Limited (24.61% holding)
Promoter holding remains stable with Tata Sons Private Limited holding 68.51% of shares.
Auditor Reports and Compliance
Statutory auditors M/s. Chokshi & Chokshi LLP and M/s. CNK & Associates LLP provided clean audit reports with no qualifications or adverse remarks. Secretarial auditor M/s. Parikh & Associates also issued an unqualified report, confirming compliance with all applicable laws.