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Earnings call · Apr–Jun 2026

Tata Capital Limited

Transcript filed on BSE on 3 Aug 2026 · 4 people from the company · 18 analysts asked questions

From the company

  • Rajiv SabharwalManaging Director and Chief Executive Officer
  • Raghav Garg
  • Rakesh Bhatia
  • Sarosh Amaria

Questions came from

Topics in this call

Costs 42Outlook 39Margins 38Debt & cash 20AI 19Demand 12Prices 10Capex & capacity 9Hiring & people 4

Opening remarks

Rajiv SabharwalManaging Director and Chief Executive Officer

Thank you very much and welcome to everyone who is joining the call. Good evening and thank you for joining us. Let me start with the macro environment. FY26 was a strong year for the Indian economy with a real GDP growth at 7.7% supported by strong domestic consumption and investment activity.

Credit demand continued to remain healthy in the first quarter of FY27 across both banking and non-banking channels, reflecting sustained underlying economic momentum. While inflation has remained broadly manageable, we continue to monitor movements in food prices, rural demand trends, and the evolving geopolitical environment.

Read the whole call: 292 paragraphs, 18 analysts' questions with every answer.

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The transcript as the company filed it on BSE. Our own rules split it into speakers & sections; an unusual layout can trip them, so check the original PDF for anything important. Not a recommendation.

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