Tata Capital FY26 Results: Profit Jumps 34%, Income Crosses ₹31,500 Crore
Tata Capital's FY26 audited results show PAT up 34%, total income crossing ₹31,500 crore, and a Q4 profit jump of 43% — here's the full breakdown.
Team Sahi
Tata Capital reported FY26 PAT of ₹4,890.91 crore, up 33.8% year-on-year, with total income crossing ₹31,582 crore. Q4 FY26 net profit jumped 43% to ₹1,502 crore. The board recommended a final dividend of ₹0.57 per share, and total assets expanded 17% to ₹2,90,503 crore.
Tata Capital reported a strong FY26 performance, driven by higher lending activity, rising profitability, and steady balance sheet expansion. The latest audited consolidated results show growth across income, profits, and assets, reinforcing the company's position in India's fast-growing non-banking financial services space.
The board also recommended a final dividend of ₹0.57 per equity share (face value ₹10) for FY26, subject to shareholder approval at the Annual General Meeting.
The stock reflected positive sentiment, with the share closing 0.49% higher at ₹339.00 on 23 April 2026.
Income Growth Remains Strong
Tata Capital's total income for FY26 stood at ₹31,582.62 crore, compared with ₹28,369.87 crore in FY25, showing growth of 11.3%. Its revenue from operations rose to ₹31,539.59 crore from ₹28,311.37 crore last year, indicating continued momentum in lending, financing, and related businesses.
| Metric | FY26 (₹ Cr) | FY25 (₹ Cr) | Growth |
|---|---|---|---|
| Total Income | 31,582.62 | 28,369.87 | 11.3% |
| Revenue from Operations | 31,539.59 | 28,311.37 | 11.4% |
| Profit Before Tax | 6,562.38 | 4,918.56 | 33.4% |
| Profit After Tax | 4,890.91 | 3,655.02 | 33.8% |
Source: NSE
Profitability Sees Sharp Improvement
Profit after tax rose sharply to ₹4,890.91 crore, up from ₹3,655.02 crore in FY25. Profit before tax increased to ₹6,562.38 crore. The net profit margin improved to 15.5% in FY26, up from 12.9% in FY25.
Profits growing faster than income points to better operating efficiency. For financial companies like NBFCs, margin expansion at this scale is a sign that the lending book is both growing and becoming more productive.
March Quarter Also Strong
For the quarter ended March 31, 2026, Tata Capital continued its healthy momentum. Net profit rose 43% year-on-year to ₹1,502.02 crore, compared with ₹1,051.70 crore in Q4 FY25.
Strong Q4 numbers often indicate healthy loan demand and business momentum heading into the next financial year.
Assets and Net Worth Expand
Tata Capital's total assets rose to ₹2,90,503.54 crore as of March 31, 2026, compared with ₹2,48,319.69 crore a year ago — an increase of 17%. Net worth also jumped significantly to ₹38,320.79 crore, from ₹27,589.33 crore in FY25, reflecting a 39% rise driven by retained earnings and capital infusion.
| Metric | FY26 (₹ Cr) | FY25 (₹ Cr) |
|---|---|---|
| Total Assets | 2,90,503.54 | 2,48,319.69 |
| Net Worth | 38,320.79 | 27,589.33 |
| Gross NPA | 2.61% | 2.33% |
| Net NPA | 1.15% | 0.98% |
What It Means for Investors
Tata Capital's FY26 results show a company growing in scale while managing asset quality. Higher profits, stronger net worth, and expanding assets point to continued momentum in India's credit and financing market.
NPA levels edged slightly higher, gross NPA rose from 2.33% to 2.61%, reflecting some stress across the broader NBFC sector. That said, the levels remain manageable for a company of Tata Capital's size and standing.
With lending demand across retail and business segments staying active and a dividend recommendation signalling confidence in cash flows, Tata Capital remains a company worth tracking in the financial sector.