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72nd Annual Report 2016-17
SUBJECT
CORPORATE OVERVIEW
INTRODUCING TATA MOTORS 02 AN EXCITING AND EVENTFUL YEAR 06 KEY PERFORMANCE INDICATORS 08 CHAIRMAN’S MESSAGE 10 TML MD'S MESSAGE 12 JLR CEO’S MESSAGE 13 BOARD OF DIRECTORS 14 GLOBAL FOOTPRINT 18 PRODUCT PORTFOLIO 20 BUSINESS MODEL 24 STRATEGIC PRIORITIES 26 RISKS AND OPPORTUNITIES 28 WHAT MAKES TML FUTURE READY? 32 FUTURE-FOCUSED PRODUCTS 36 INNOVATION IS FUTURE PREPAREDNESS 38 ACHIEVING A HIGHER EFFICIENCY CURVE 40 ENGINE ENHANCEMENTS AND GREEN TECHNOLOGIES 42 NURTURING HOLISTIC RELATIONSHIPS 46 RELATIONSHIP WITH SUPPLY CHAIN PARTNERS 49 A COMMITMENT TO SUSTAINABILITY 50 PEOPLE DRIVE US 54 AWARDS AND RECOGNITION 56 CORPORATE INFORMATION 57 SUMMARISED STATEMENT OF ASSETS & LIABILITIES (CONSOLIDATED) 58 SUMMARISED STATEMENT OF PROFIT AND LOSS (CONSOLIDATED) 59 SUMMARISED STATEMENT OF ASSETS & LIABILITIES (STANDALONE) 60 SUMMARISED STATEMENT OF PROFIT AND LOSS (STANDALONE) 61 FINANCIAL STATISTICS 62STATUTORY REPORTS
NOTICE 65 BOARD’S REPORT 81 MANAGEMENT DISCUSSION & ANALYSIS 118 CORPORATE GOVERNANCE REPORT 170 BUSINESS RESPONSIBILITY REPORT 191FINANCIAL STATEMENTS
STANDALONE FINANCIAL STATEMENTS
INDEPENDENT AUDITORS’ REPORT F-1 BALANCE SHEET F-8 STATEMENT OF PROFIT AND LOSS F-9 CASH FLOW STATEMENT F-10 STATEMENT OF CHANGES IN EQUITY F-11 NOTES TO ACCOUNTS F-13CONSOLIDATED FINANCIAL STATEMENTS
INDEPENDENT AUDITORS’ REPORT F-69 BALANCE SHEET F-74 STATEMENT OF PROFIT AND LOSS F-75 CASH FLOW STATEMENT F-76 STATEMENT OF CHANGES IN EQUITY F-78 NOTES TO ACCOUNTS F-80 SUBSIDIARY COMPANIES FINANCIAL HIGHLIGHTS 2016-17 F-156CONTENTS
About This Report
This Annual Report is aimed at meeting the information requirements of all our shareholders to help them take informed decisions regarding
theTata Motors Group. It also informs all our stakeholders, including customers, suppliers, employees, contractors, competitors, press, analysts,
government and others, about the Company’s value creation process.
Materiality
This Report includes information which is material to our stakeholders and it presents an overview of our businesses and associated activities
that help in short, medium and long-term value
creation.Wehave listed the material financial and non-financial issues for the Company and have
presented information around our strategic approach towards these issues.
Scope of the Report
We have presented the information on theTata Motors Group including our major subsidiary Jaguar Land Rover in a fair, balanced and
understandable manner. To ensure optimal disclosure on strategic overview, performance, governance oversight and risk management and
control, the contents of this Report have been reviewed by our Senior Management.The information is reported for the period FY 2016-17 while
being presented with comparative figures for the previous year, providing a holistic view to stakeholders.
Reporting Principle
Through this Report, we have attempted to enhance our disclosures and have made efforts to align the communication with the Integrated
Reporting <IR> framework by International Integrated Reporting Council (IIRC) and the Companies Act, 2013, as well as, the Securities Exchange
Board of India (SEBI) guidelines.The Report tries to communicate a clear, concise, integrated story that explains how all our resources are put
together in creating value for the business and its stakeholders.
Annual General Meeting
Date
Tuesday, August 22, 2017
Time
3.00 p.m.
Venue
Birla Matushri Sabhagar, 19,
Sir Vithaldas Thackersey Marg,
Mumbai 400 020