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Tata Motors Limited is an Indian multinational automotive corporation headquartered in Mumbai, India. It is the 18th largest motor vehicle manufacturing company in the world by volume.
In financial terms, the Company has increased its sales by 18-fold in the last decade to over USD 35 bil in 2012, while its net profit has increased 34-times to nearly USD 2 bil in 2012.
The Company is highly profitable with average ROE exceeding 28% in the last 10 years, on the other hand, it's fairly indebted with net debt exceeding 117% of the Company's equity at the end of 2012
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