Tata Investment Corporation Limited (TICL), established in 1937, is a prominent non-banking financial company focused on long-term investments, including equity shares and equity-related securities. Initially named The Investment Corporation of India Limited and promoted by Tata Sons Pvt Ltd, the company became publicly listed in 1959. Over time, TICL shifted from supporting new ventures to becoming a diversified investment entity. The company has an impressive track record of declaring dividends every year since inception, except for its first year. Rated ‘AAA’ by CRISIL, TICL ensures the highest safety in interest and principal payments. Under the leadership of Chairman Noel Tata, Vice Chairman F. N. Subedar, and Executive Director Amit Dalal, TICL continues to strengthen its portfolio, including a 95.57% stake in Simto Investment Co. Ltd., acquired in 2012.
Latest News about Tata Investment Corporation Ltd
Tata Investment Corporation Ltd recently released its Q1 results for the fiscal year 2024-2025, revealing a mixed financial performance. The company saw a notable 139.9% surge in revenue compared to the previous quarter, reflecting its efforts to capitalize on growth opportunities. However, despite this significant revenue boost, the company’s profit declined by 10.72% year-over-year, indicating challenges in maintaining profitability amid evolving market conditions. Alongside these financial developments, Tata Investment Corporation has witnessed a remarkable 21% rise in its share price over the past four days. This increase is largely driven by the Union Cabinet’s approval of two semiconductor plant proposals, which are part of Tata Group’s broader strategic initiative to strengthen India’s semiconductor ecosystem. The company’s recent performance underscores its dynamic approach to navigating the economic landscape while aligning with the Tata Group’s long-term goals in the technology sector.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 73.38% | 73.38% | 73.38% | 73.38% | 73.38% |
| FIIs + | 1.16% | 1.12% | 1.20% | 2.25% | 2.35% |
| DIIs + | 0.43% | 0.44% | 0.45% | 0.46% | 0.48% |
| Government + | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
| Public + | 24.52% | 24.56% | 24.48% | 23.41% | 23.30% |
| No. of Shareholders | 92,424 | 95,562 | 1,14,270 | 1,48,291 | 1,56,353 |
The shareholding pattern of the company reflects a stable and controlled ownership structure, with a consistent dominance by promoters, holding steady at 73.38% across all quarters from June 2023 to June 2024. This indicates strong promoter confidence in the company’s long-term prospects. Foreign Institutional Investors (FIIs) show a gradual increase in their stake, growing from 1.16% in June 2023 to 2.35% in June 2024, suggesting rising international interest in the company. Domestic Institutional Investors (DIIs) have also slightly increased their holdings from 0.43% to 0.48% over the same period, reflecting local institutional confidence.
Government ownership remains constant at 0.49%, while the public shareholding has slightly declined from 24.52% to 23.30%, likely due to the increased institutional holdings. The number of shareholders has significantly grown, from 92,424 in June 2023 to 156,353 in June 2024, indicating a broader investor base and heightened market interest in the company. This expanding shareholder base and increased institutional interest could be a positive sign for the company’s future growth prospects.
Below are the trading platforms that you can use to purchase Tata Investment Corporation Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| August 2024 | 6,055.65 | 5,265.79 |
| September 2024 | 6,297.88 | 5,476.42 |
| October 2024 | 6,174.39 | 5,369.04 |
| November 2024 | 6,421.37 | 5,583.80 |
| December 2024 | 6,485.58 | 5,639.64 |
As we approach August 2024, the share price of Tata Investment Corporation Ltd is expected to reach a maximum of ₹6,055.65 and a minimum of ₹5,265.79. Moving into September 2024, the maximum price is projected to be ₹6,297.88, with a minimum of ₹5,476.42. In October 2024, Tata Investment Corporation Ltd’s price is forecasted to have a maximum of ₹6,174.39 and a minimum of ₹5,369.04. As we step into November 2024, the maximum price could reach ₹6,421.37, while the minimum might be around ₹5,583.80. Finally, as we close the year in December 2024, Tata Investment Corporation Ltd’s price is anticipated to peak at ₹6,485.58, with a minimum of ₹5,639.64.
| When | Maximum Price | Minimum Price |
| January 2025 | 6,550.44 | 5,038.80 |
| February 2025 | 6,616.60 | 5,089.70 |
| March 2025 | 6,755.55 | 5,196.58 |
| April 2025 | 6,688.67 | 5,145.13 |
| May 2025 | 6,493.85 | 4,995.27 |
| June 2025 | 6,786.07 | 5,220.06 |
| July 2025 | 6,653.01 | 5,117.70 |
| August 2025 | 6,858.78 | 5,275.98 |
| September 2025 | 6,941.08 | 5,339.29 |
| October 2025 | 7,121.55 | 5,478.12 |
| November 2025 | 7,299.59 | 5,615.07 |
| December 2025 | 7,628.07 | 5,867.75 |
As we step into January 2025, Tata Investment Corporation Ltd’s share prices are expected to range between ₹6,550.44 and ₹5,038.80. Moving through the year, projections suggest a gradual increase, with prices reaching between ₹6,858.78 and ₹5,275.98 in August 2025. By December 2025, Tata Investment Corporation Ltd’s shares are anticipated to peak between ₹7,628.07 and ₹5,867.75.
| When | Maximum Price | Minimum Price |
| January 2026 | 7,856.91 | 6,043.78 |
| February 2026 | 7,660.49 | 5,892.68 |
| March 2026 | 7,813.70 | 6,010.54 |
| April 2026 | 7,973.16 | 6,133.20 |
| May 2026 | 7,894.22 | 6,072.48 |
| June 2026 | 8,091.58 | 6,224.29 |
| July 2026 | 7,932.92 | 6,102.24 |
| August 2026 | 8,178.27 | 6,290.97 |
| September 2026 | 8,341.83 | 6,416.79 |
| October 2026 | 8,558.72 | 6,583.63 |
| November 2026 | 8,772.69 | 6,748.22 |
| December 2026 | 8,992.00 | 6,916.93 |
| When | Maximum Price | Minimum Price |
| January 2027 | 9,081.92 | 6,986.09 |
| February 2027 | 9,314.79 | 7,165.23 |
| March 2027 | 9,678.07 | 7,444.67 |
| April 2027 | 9,488.30 | 7,298.70 |
| May 2027 | 9,211.95 | 7,086.11 |
| June 2027 | 9,626.48 | 7,404.99 |
| July 2027 | 9,437.73 | 7,259.79 |
| August 2027 | 9,729.62 | 7,484.32 |
| September 2027 | 10,070.15 | 7,746.27 |
| October 2027 | 10,331.98 | 7,947.68 |
| November 2027 | 10,590.28 | 8,146.37 |
| December 2027 | 10,855.03 | 8,350.03 |
| When | Maximum Price | Minimum Price |
| January 2028 | 11,072.13 | 8,517.03 |
| February 2028 | 11,356.04 | 8,735.41 |
| March 2028 | 11,798.92 | 9,076.09 |
| April 2028 | 11,567.57 | 8,898.13 |
| May 2028 | 11,230.65 | 8,638.96 |
| June 2028 | 11,736.03 | 9,027.71 |
| July 2028 | 11,505.91 | 8,850.70 |
| August 2028 | 11,861.76 | 9,124.43 |
| September 2028 | 12,276.93 | 9,443.79 |
| October 2028 | 12,596.13 | 9,689.33 |
| November 2028 | 12,911.03 | 9,931.56 |
| December 2028 | 13,233.80 | 10,179.85 |
| When | Maximum Price | Minimum Price |
| January 2029 | 13,498.48 | 10,383.45 |
| February 2029 | 13,844.60 | 10,649.69 |
| March 2029 | 14,384.53 | 11,065.03 |
| April 2029 | 14,102.49 | 10,848.07 |
| May 2029 | 13,691.73 | 10,532.10 |
| June 2029 | 14,307.86 | 11,006.05 |
| July 2029 | 14,027.31 | 10,790.24 |
| August 2029 | 14,461.15 | 11,123.96 |
| September 2029 | 14,967.29 | 11,513.30 |
| October 2029 | 15,356.44 | 11,812.65 |
| November 2029 | 15,740.35 | 12,107.96 |
| December 2029 | 16,133.86 | 12,410.66 |
| When | Maximum Price | Minimum Price |
| January 2030 | 16,456.54 | 12,658.87 |
| February 2030 | 16,878.50 | 12,983.46 |
| March 2030 | 17,536.76 | 13,489.82 |
| April 2030 | 17,192.90 | 13,225.31 |
| May 2030 | 16,692.14 | 12,840.11 |
| June 2030 | 17,443.28 | 13,417.91 |
| July 2030 | 17,101.26 | 13,154.81 |
| August 2030 | 17,630.16 | 13,561.66 |
| September 2030 | 18,247.22 | 14,036.32 |
| October 2030 | 18,721.65 | 14,401.27 |
| November 2030 | 19,189.69 | 14,761.30 |
| December 2030 | 19,669.43 | 15,130.33 |
In January 2030, Tata Investment Corporation Ltd’s projected prices will range from a maximum of ₹16,456.54 to a minimum of ₹12,658.87. By December 2030, the projected prices will peak at a maximum of ₹19,669.43 and a minimum of ₹15,130.33, reflecting a steady rise throughout the year.
Financial Condition of Tata Investment Corporation Ltd: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 144 | 163 | 254 | 277 | 385 | 374 |
| Expenses + | 42 | 20 | 25 | 32 | 33 | 36 |
| Operating Profit | 102 | 144 | 229 | 246 | 352 | 338 |
| OPM % | 71% | 88% | 90% | 88% | 91% | 90% |
| Other Income + | 0 | 25 | 18 | 36 | 65 | 78 |
| Interest | 0 | 0 | 0 | 8 | 11 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 101 | 167 | 246 | 272 | 406 | 410 |
| Tax % | 11% | 8% | 13% | 8% | 5% | |
| Net Profit + | 90 | 155 | 214 | 252 | 385 | 368 |
| EPS in Rs | 17.89 | 30.43 | 42.34 | 49.78 | 76.09 | 72.98 |
| Dividend Payout % | 101% | 79% | 130% | 96% | 37% |
Over the past five years, Tata Investment Corporation Ltd has shown consistent financial growth. Sales have increased steadily from ₹144 crore in March 2020 to ₹385 crore in March 2024. Operating Profit has also risen significantly from ₹102 crore to ₹352 crore, with the Operating Profit Margin (OPM) consistently above 70%, reaching a high of 91% in March 2024. The company’s ability to control expenses is evident, with a modest increase in expenses despite the rise in sales.
Other Income saw a substantial increase, particularly in March 2024, where it reached ₹65 crore, up from ₹0 in March 2020. Interest expenses remained negligible until March 2022 but grew slightly thereafter. The company’s Profit Before Tax (PBT) has grown robustly, with a notable increase from ₹101 crore in March 2020 to ₹406 crore in March 2024. The tax rate has fluctuated, but it remained below 15%, contributing to the strong growth in Net Profit, which more than quadrupled from ₹90 crore in March 2020 to ₹385 crore in March 2024.
The Earnings Per Share (EPS) followed a similar upward trend, rising from ₹17.89 to ₹76.09 during the period. The Dividend Payout Percentage, though high, has varied, peaking at 130% in March 2022 but then dropping to 37% in March 2024, indicating a shift towards retaining more earnings for future growth. Overall, Tata Investment Corporation Ltd’s financials reflect solid growth, strong profitability, and prudent management of both costs and income.
FAQs
What is the current market cap of Tata Investment Corporation Ltd?
Tata Investment Corporation Ltd’s market capitalization is a substantial ₹30,495 crore.
As of August 17, 2024, Tata Investment Corporation Ltd’s share price is ₹6,027, indicating the company’s ongoing market performance.
For the year 2025, the share price target is set between ₹4,995.27 and ₹7,628.07, indicating expectations of a gradual increase throughout the year.
By 2030, the share price of Tata Investment Corporation Ltd is expected to range from ₹12,658.87 to ₹19,669.43, highlighting long-term growth potential.
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Conclusion:
Tata Investment Corporation Ltd (TICL) has recently showcased a strong adaptability to shifting market dynamics, with significant advancements enhancing its outlook. Although there was a year-over-year dip in profit, the company’s impressive 139.9% revenue growth highlights robust underlying performance. A recent 21% surge in its share price, fueled by the Union Cabinet’s approval of semiconductor plant proposals, emphasizes TICL’s strategic alignment with national development goals and the broader ambitions of the Tata Group. This positive momentum, combined with a solid financial foundation and a strong credit rating, positions TICL well for sustained success. The company’s strategic investments and growing shareholder interest indicate a promising trajectory, bolstering confidence in its future growth prospects.
What did we learn?
- 1 Latest News about Tata Investment Corporation Ltd
- 2 About Shareholding Patterns
- 3 How to Buy Tata Investment Corporation Ltd Shares in India?
- 4 Tata Investment Corporation Ltd Share Price Target: 2024 – 2030
- 4.1 Tata Investment Corporation Ltd Share Price Target 2024
- 4.2 Tata Investment Corporation Ltd Share Price Target 2025
- 4.3 Tata Investment Corporation Ltd Share Price Prediction 2026
- 4.4 Tata Investment Corporation Ltd Share Price Target 2027
- 4.5 Tata Investment Corporation Ltd Share Price Prediction 2028
- 4.6 Tata Investment Corporation Ltd Share Price Target 2029
- 4.7 Tata Investment Corporation Ltd Share Price Target 2030
- 5 Financial Condition of Tata Investment Corporation Ltd: Last 5 Years
- 6 FAQs
- 7 Conclusion:
