Tata Investment Corporation Limited is a non-banking financial company (NBFC) promoted by Tata Sons Pvt. Ltd. and is registered with the Reserve Bank of India under the category of Investment Company. The company was originally promoted by Tata Sons Pvt Ltd. in 1937, under the name The Investment Corporation of India Limited. The Company remained a closely held company till 1959, when it became one of the few publicly held investment companies listed on the Stock Exchange, Mumbai.
Tata Investment (the Company) invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata Companies, which are engaged in various businesses with a history of strong operating and financial performance. The company is primarily involved in investing in long-term investments such as equity shares, debt instruments, listed and unlisted, and equity-related securities of companies in a wide range of industries. The sources of income of the Company consist of dividend, interest, and profit on sale of investments.
The company has a diversified investment portfolio consisting of investments in companies in the form of equity & bonds. They have invested in 85 companies as on March 31, 2023, out of which 62 are Quoted and 23 are unquoted companies. The company invests in Tata and non-Tata companies, though investments in Tata companies constitute a larger portion of the company's portfolio.
The company's investment philosophy centers on long-term value creation through strategic investments in well-established companies with strong fundamentals. During the 1960s and 1970s, the Company's activities underwent a gradual transformation from assisting in the establishment of new ventures, to acting as an investment company with a diversified portfolio of investments. The original inspiration for launching Tata Investment Corporation Limited was to help set up and nurture small and medium-sized entrepreneurs and their companies.
The company currently commands a market capitalization of ₹34,149 Crore. For the financial year ended March 2025, on a consolidated basis, Tata Investment Corporation Ltd reported a profit of ₹37.72 Crore on a total income of ₹45.83 Crore for the quarter ended March 2025. For the year ended 2024, Tata Investment Corporation Ltd had posted a profit of ₹384.96 Crore on a total income of ₹385.15 Crore.
Key financial highlights include:
- Revenue: ₹45.83 Crore as on March 2025 (Q4 FY25)
- Net Profit: ₹37.72 Crore as on March 2025 (Q4 FY25)
- Company is almost debt-free.
- Company has a low return on equity of 1.27% over the last 3 years.
- Earnings include an other income of ₹105 Crore.
Promoter holding in Tata Investment Corporation Ltd has remained stable at 73.38% as of March 2025 (unchanged from June 2024). The Company became a subsidiary of Tata Sons Pvt Ltd. in February 2008. Tata Sons, together with other Tata companies, holds approximately 73.38% of the paid-up capital of Tata Investment Corporation Limited.
The Company is managed by a well-qualified Board of Directors, headed by Mr. Noel Tata as Chairman and Mr. F. N. Subedar as Vice Chairman, with knowledge and expertise in the field of finance, investment, administration, and management, and is supported by an experienced team of professional managers.
TICL has been rated by CRISIL since 1994, and has been assigned their highest rating of 'AAA' (pronounced triple A) representing highest safety in payment of interest and principal amount, which rating has been re-affirmed from year to year and is valid to date. This triple-A rating underscores the company's financial strength and creditworthiness in the market.
TICL has acquired 95.57% stake in Simto Investment Co. Ltd. (Simto) on August 31, 2012, following which Simto has become a subsidiary of TICL. Additionally, TICL co-promoted TATA Asset Management Private Company Ltd. with TATA Sons Pvt Ltd. in 1994. Tata Sons holds 68% while TICL holds 32% of Tata Asset Management Company Pvt Ltd.
The company's principal activity is to act as investment manager to the Tata Mutual Funds. It has a client base of over 1 million people. The total assets under management of TATA AMC approximate ₹89,500 Crore as on March 31, 2022, in the domestic market.
Tata Investment's 88th AGM approved FY25 financials, declared ₹27 dividend, re-appointed directors, and appointed auditors on July 1, 2025. The 88th Annual General Meeting of the Company was held on Tuesday, July 1, 2025.
The company represents a unique investment opportunity in the Indian financial services sector, combining the stability of the Tata Group with a focused approach to long-term investment management. With its debt-free status, strong credit rating, and diversified portfolio approach, Tata Investment Corporation continues to serve as an important vehicle for investors seeking exposure to India's growth story through a professionally managed investment platform.
