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Finacial Highlights
F-157
Sr. No Name of Associates/Joint Arrangements
Shares of Associate/Joint Arrangements held
by the Company at the year end
Profit/(loss) for the year
Latest audited
Balance Sheet
Date
No. of shares Amount of
Investment
in Associates/
Joint
Arrangements
(₹ in crores)
Extent of
Holding/
voting
power %
Networth
attributable
to
Shareholding
as per latest
audited
Balance
Sheet
(
`
in crores)
Considered
in
consolidation
(
`
in crores)
Not
considered
in
consolidation
(
`
in crores)
Description
of how
there is
significant
influence
Reason
why the
associate/
joint
arrangements
are not
consolidated
Joint Operations
1
Fiat India Automobiles Private Limited
March 31,2017 122,257,983
1,567.04
50%
1,503.66
141.32
-
Note (a)
-
2
Tata Cummins Private Ltd
March 31,2017 90,000,000
90.00
50%
381.87
31.12
-
Note (a)
-
Joint Ventures
1
Tata HAL Technologies Ltd
March 31,2017 10,140,000
5.07
50%
-
(2.30)
-
Note (a)
-
2
Spark 44 Ltd (subsidiary w.e.f June 27, 2011)
March 31,2017 500,000
3.40
50%
64.77
29.95
-
Note (a)
-
3
Chery Jaguar Land Rover Automotive Co Ltd (subsidiary w.e.f
November 16, 2012)
March 31,2017
2,748.28
50%
3,668.61
1,354.42
-
Note (a)
-
Associates
1
Tata AutoComp Systems Ltd
March 31,2017 52,333,170
77.47
26%
212.06
13.90
-
Note (b)
-
2
Nita Company Ltd
March 31,2017 16,000
1.27
40%
28.42
4.21
-
Note (b)
-
3
Automobile Corporation of Goa Ltd (subsidiary w.e.f May 21, 2007) March 31,2017 3,030,529
109.63
47.19% 136.83
7.10
-
Note (b)
-
4
Jaguar Cars Finance Limited
March 31,2017 49,900
3.91
33%
3.91
-
-
Note (b)
-
5
Synaptiv Limited
March 31,2017
1.37
33%
1.37
-
-
Note (b)
-
6
CloudCar Inc
March 31,2017
96.96
43%
96.96
-
-
Note (b)
-
7
Tata Hitachi Construction Machinery Company Private Ltd
March 31,2017 45,714,286
240.20
39.99% 392.98
85.72
-
Note (b)
-
Note : (a) - These are jointly controlled companies.
(b) - There is a significant influence due to percentage (%) of share capital/voting power.
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate Companies and Joint
Arrangements
Part - B
Statement pursuant to first proviso to sub-section (3) of section 129 of the Companies Act 2013, read with rule
5 of Companies (Accounts) Rules, 2014 in the prescribed Form AOC-1 relating to subsidiary companies
Part - A
(
`
in crores)
For and on behalf of the Board
R AMASHELKAR
[DIN:00074119]
NMUNJEE
[DIN:00010180]
V K JAIRATH
[DIN:00391684]
OP BHATT
[DIN:00548091]
R SPETH
[DIN:03318908]
Directors
NCHANDRASEKARAN
[DIN:00121863]
Chairman
GUENTER BUTSCHEK
[DIN:07427375]
CEO&ManagingDirector
R PISHARODY
[DIN:01875848]
ExecutiveDirector
S B BORWANKAR
[DIN:01793948]
ExecutiveDirector
C RAMAKRISHNAN
GroupChiefFinancialOfficer
HK SETHNA
[FCS:3507]
CompanySecretary
Mumbai, May 23, 2017
Sr.
No
Subsidiary
Country Reporting
currency
Exchange
Rate
Share
capital (incl.
advances
towards
capitalwhere
applicable)
Reserves
and
Surplus
Total
Assets
Total
Liabilities
Turnover
Profit/
(Loss)
BeforeTax
Tax
Expense/
(Credit)
Profit/(Loss)
after tax
Profit/
(Loss)for
theperiod/
year*
Proposed
dividend
and tax
thereon
Investments
(except incase
of investment
in the
subsidiaries)
%of
shareholding
Details of Direct subsidiaries, on consolidated basis including their respective subsidiaries included above
1
Tata Technologies Limited (subsidiary w.e.f
September 10, 1997)
43.03
1,403.30
2,152.45
706.12
2,810.06
452.15
98.24
353.91
353.91
-
220.42
72.32
2
Tata Motors Finance Ltd (subsidiary w.e.f
June 1, 2006)
1,319.02
(2,249.72)
21,591.83
22,522.53
2,712.87
677.43
394.37
283.06
283.06
-
1,146.49
100.00
3
TML Holdings Pte Ltd, Singapore (subsidiary w.e.f
February 4, 2008)
-
-
-
-
-
-
-
-
-
-
-
100.00
4
PT Tata Motors Indonesia (subsidiary w.e.f
December 29, 2011)
220.38
(231.49)
51.55
62.66
38.67
(46.31)
0.11
(46.42)
(46.15)
-
-
100.00
TML Holdings Pte Ltd, Singapore holds fully Jaguar Land Rover Automtive Plc andTata Daewoo Commercial Vehicle Co. Ltd., the consolidated accounts of which are given below :
1
Jaguar Land Rover Automotive Plc Consolidated (subsidiary w.e.f
June 2, 2008)
12,142.96
40,939.04 199,112.85 146,030.85 216,318.01
12,964.50
2,757.18
10,207.32
10,207.32
-
12,000.22
100.00
2
Tata Daewoo Commercial Vehicle Co. Ltd (subsidiary w.e.f
March 30, 2004)
0.03
2,029.97
3,646.23
1,616.23
5,802.81
387.86
93.63
294.23
294.23
-
-
100.00
* Profit for the year is after share of minority interest and share of profit/(loss) in respect of investment in associate companies.