44  Segment information

       

Segment information is based on the consolidated financial statements.

      

Segment wise revenue, results and capital employed for the year ended 31 March 2026

      

The Holding Company’s Core Management Committee (CMC), examines the Groups performance both from a product and geographical perspective and has identified three reportable operative business segments. The group’s significant source of risk and rewards are derived from Automotive business Investments and Financing business, the performance of which is reviewed by the committee on a periodic basis and hence considered as individual operative segments.

     

(a)    Business segment
(₹ In Crore)
Particulars		Automotive		Investments		Financing		Consolidated
Revenue
External sales and other income*		60,530.43		1,309.18		3,247.61		65,087.22
Inter segment sales and other income		–		–		–		–
Total revenue		60,530.43		1,309.18		3,247.61		65,087.22
* includes Revenue from operations: ₹ 60,386.43 crore
Segment result**		12,016.19		1,306.98		888.58		14,211.75
Finance costs		260.21		–		–		260.21
Tax expense		–		–		–		3,377.04
Non-controlling interest		(169.71)		–		–		(169.71)
Profit for the year		11,925.69		1,306.98		888.58		10,744.21
** Components of Statement of profit and loss account like employee benefit expense, depreciation and amortisation expense and other expenses are not separately disclosed, as these are all majorly related to the automative segment of the Group.
Segment assets		30,161.47		25,579.02		19,774.15		75,514.64
Investments in associate of subsidiary		169.18		–		–		169.18
Unallocated corporate assets		–		–		–		1,539.17
Total assets		30,330.65		25,579.02		19,774.15		77,222.99
Segment liabilities		13,216.26		–		16,003.17		29,219.43
Unallocated corporate liabilities		–		–		–		412.70
Total liabilities		13,216.26		–		16,003.17		29,632.13
Capital employed (excluding unallocable)		17,114.39		25,579.02		3,770.98		46,464.39
Capital employed (unallocable)								1,126.47
Total capital employed		17,114.39		25,579.02		3,770.98		47,590.86
Reconciliation of segment liabilities
Total segment liabilities as above								29,632.13
Add: Considered as part of capital employed
Sales tax deferral								73.30
Non Current Borrowings (Other than financial service business)								5,305.55
Lease Liabilities								659.26
Deferred tax liabilities								1,304.30
Government grant (current and non-current)								28.03
Total liabilities as per Balance Sheet								37,002.57
Capital expenditure		678.95		1.66		13.55		694.16
Depreciation and write downs		634.82		–		9.87		644.69

       

(b)    Geographic Segment
(₹ In Crore)
Particulars		India		Rest of the world		Consolidated
Segment revenue: External sales and other income		42,920.23		22,166.99		65,087.22
Segment assets		57,338.26		19,884.73		77,222.99
Capital expenditure		553.01		141.15		694.16

        

Segment information is based on the consolidated financial statements.

         

Segment wise revenue, results and capital employed for the year ended 31 March 2025

       

The Holding Company’s Core Management Committee (CMC), examines the Groups performance both from a product and geographical perspective and has identified two reportable operative business segments. The group’s significant source of risk and rewards are derived from Automotive business and Investments, the performance of which is reviewed by the committee on a periodic basis and hence considered as individual operative segments.

      

(a)    Business segment
(₹ In Crore)
Particulars		Automotive		Investments		Financing		Consolidated
Revenue
External sales and other income*		49,982.13		1,445.98		1,040.85		52,468.96
Inter segment sales and other income		–		–		–		–
Total revenue		49,982.13		1,445.98		1,040.85		52,468.96
* includes Revenue from contracts with customers: ₹ 49,266.95 crore
Segment result		8,769.75		1,443.72		78.15		10,291.62
Finance costs		68.09		–		–		68.09
Tax expense		–		–		–		2,898.80
Non-controlling interest		–		–		–		–
Profit for the year		8,701.66		1,443.72		78.15		7,324.73
Segment assets		12,061.70		26,135.15		10,972.90		49,169.75
Investments in associate of subsidiary		3,688.27		–		–		3,688.27
Unallocated corporate assets		–		–		–		1,340.59
Total assets		15,749.97		26,135.15		10,972.90		54,198.61
Segment liabilities		8,856.16		–		8,636.57		17,492.73
Unallocated corporate liabilities		–		–		–		235.77
Total liabilities		8,856.16		–		8,636.57		17,728.50
Capital employed (excluding unallocable)		6,893.81		26,135.15		2,336.33		35,365.29
Capital employed (unallocable)								1,104.82
Total capital employed		6,893.81		26,135.15		2,336.33		36,470.11
Reconciliation of segment liabilities
Total segment liabilities as above								17,728.50
Add: Considered as part of capital employed
Sales tax deferral								127.64
Deferred tax liabilities								1,123.03
Government grant (current and non-current)								30.69
Total liabilities as per Balance Sheet								19,009.86
Capital expenditure		851.12		–		27.82		878.94
Depreciation and write downs		409.30		–		4.93		414.23

        

(b) Geographic Segment
(₹ In Crore)
Particulars		India		Rest of the world		Consolidated
Segment revenue: External sales and other income		36,185.65		16,283.31		52,468.96
Segment assets		47,770.76		6,427.85		54,198.61
Capital expenditure		825.63		53.31		878.94