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Tata Motors: There's a lot of uncertainty about TaMo recovery timeline: Ashwin Patil


Is this Tata Motors result a significant miss compared to what you were expecting, specifically on Jaguar Land Rover front? They have said that they have significant retail orders but the real problem is the supply side problem. What do you think of the outlook going forward?
A few quarters back, the company was facing a demand side problem and now it is the supply side which is marked out as the villain. The numbers are 15% odd below our expectation. The biggest miss has come from the JLR side. We had a concall with the company last month where they had specifically mentioned that there is supply side constraint coming from semiconductors and that is a big issue that the company is facing right now and that is well reflected in the Q1 numbers. ....

Ashwin Patil , Tata Motors , Equity Research Analyst , Jaguar Land Rover , அஷ்வின் பாட்டீல் , டாடா மோட்டார்கள் , பங்கு ஆராய்ச்சி ஆய்வாளர் , ஜாகுவார் நில சுற்று ,

After a washed-out May, can auto sales rebound anytime soon?


It was a sense of déjà vu for the automobile sector in May as Covid second wave swept across the country, once again triggering state-wise and localised lockdowns.
Owing to this, automobile companies posted extremely muted sales figure, with high double-digit month-on-month (MoM) decline across segments. This was for the second straight month that the auto sales figures took a hit and analysts expect volumes to remain subdued in June too amid Covid-led disruptions.
But will this phenomenon last long?
Analysts tracking the sector expect the pent-up demand story to play out from the second quarter of the financial year 2021-22 (Q2FY22) as states unlock. Furthermore, pick up in vaccination pace also holds the key for a revival in the auto space, they said. ....

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