Tata Capital filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 with the stock exchanges, disclosing its performance on environmental, social, and governance (ESG) parameters. The report, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, includes an Independent Reasonable Assurance Report on the BRSR Core Indicators provided by SGS India Private Limited. The disclosures cover the consolidated operations of Tata Capital and its two wholly owned subsidiaries, Tata Capital Housing Finance Limited and Tata Securities Limited.

Key Financial and Operational Metrics

The BRSR report outlines the company's financial scale and operational reach for the reporting period. Tata Capital reported a paid-up equity share capital of ₹4,244.87 crore. The company serves a diverse customer base through its lending and non-lending businesses, having served 8.4 million customers up to March 31, 2026. Its product suite includes over 25 lending products catering to retail, SME, and corporate finance segments.

Environmental Performance

The report details the company's environmental footprint, noting that it does not engage in manufacturing activities. Tata Capital reported total energy consumption of 72,068.83 GJ for FY 2025-26, entirely sourced from non-renewable sources. The energy intensity per rupee of turnover stood at 2.29 GJ/INR Crore. The company disposed of 11.40 metric tonnes of e-waste, including battery waste, during the year through government-registered vendors.

Regarding greenhouse gas emissions, the company reported Scope 1 emissions of 1,760.72 tCO2e and Scope 2 emissions (location-based) of 13,577.67 tCO2e. The total GHG emission intensity was calculated at 0.60 tCO2e/Cr of turnover. The report also highlights that the company maintains a water-positive status through its CSR initiatives, having created a cumulative water recharge and harvesting potential of more than 34,87,000 kilolitres over the past two years.

Social and Governance Disclosures

Tata Capital disclosed its social impact through CSR initiatives, which positively reached 10.96 lakh beneficiaries during FY 2025-26. The company spent a total of ₹8,16,31,303 on CSR projects in 102 aspirational districts. On the governance front, the report mentions a settlement amount of ₹46.4 lakh paid to SEBI regarding suo-motu settlement applications for certain issuances of Non-Convertible Debentures and Cumulative Redeemable Preference Shares.

The Risk Management Committee of the Board is responsible for decision-making and oversight of sustainability-related matters. SGS India Private Limited provided reasonable assurance for the BRSR core indicators, covering parameters such as GHG footprint, water footprint, energy footprint, and employee well-being.

Tata Capital Limited has convened its 35th Annual General Meeting (AGM) for Wednesday, August 19, 2026, at 11:00 a.m. (IST), to be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The notice, dated July 23, 2026, was dispatched electronically to shareholders and debenture holders in compliance with Regulations 34(1), 50, and 53 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Alongside the AGM notice, the company has released its Annual Report for FY 2025-26, covering a year marked by its landmark Initial Public Offering, a major merger, and robust financial performance.

Key Financial Performance: FY 2025-26

Tata Capital delivered strong consolidated and standalone financial results for FY 2025-26. The following table summarises the key consolidated financial metrics:

On a standalone basis, Tata Capital recorded Gross Income of ₹23,089.38 crore in FY 2025-26 (FY 2024-25: ₹21,940.08 crore), with standalone Profit After Tax of ₹3,201.14 crore (FY 2024-25: ₹2,594.28 crore). The company's Capital to Risk (Weighted) Assets Ratio (CRAR) stood at 18.96% as on March 31, 2026, well above the prescribed regulatory minimum of 15%.

Landmark IPO and Corporate Milestones

FY 2025-26 was a transformative year for Tata Capital. The company's equity shares were listed on the National Stock Exchange of India Limited and BSE Limited on October 13, 2025, following a successful IPO. The IPO comprised a fresh issue of 21,00,00,000 equity shares and an Offer for Sale of 26,58,24,280 equity shares by Tata Sons Private Limited and International Finance Corporation, aggregating to 47,58,24,280 equity shares. Equity shares were issued at a price of ₹326 per share (including a share premium of ₹316 per equity share). The IPO was the fourth-largest in India, the largest ever by an NBFC, and the largest by a Tata Group company, with an issue size of ₹15,512 crore.

During the year, the Scheme of Arrangement for the amalgamation of Tata Motors Finance Limited (TMFL) with and into Tata Capital Limited became effective on May 8, 2025. As per the Scheme, the Appointed Date is April 1, 2024. This merger created a larger unified financial services entity with wider geographical reach and a stronger capital and asset base. Additionally, the Board of Directors at its meeting held on July 13, 2026, approved the proposed acquisition of Yogakshemam Loans Limited (Yogloans), an RBI-registered NBFC primarily focused on gold loans, subject to applicable regulatory approvals. Yogloans operates through a network of 162 branches across Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh, with AUM of ₹708 crore as of March 31, 2026, serving around 32,000 customers.

Subsidiary Performance and Loan Book Highlights

Tata Capital Housing Finance Limited (TCHFL), a wholly-owned subsidiary, delivered robust performance with AUM growing 29% to ₹86,653 crore (FY 2024-25: ₹67,252 crore), and Profit After Tax increasing 22% to ₹1,836 crore (FY 2024-25: ₹1,499 crore). The consolidated loan book remained granular, with Retail and SME advances contributing approximately 86% of net AUM. The following table provides a segment-wise AUM snapshot as of March 31, 2026:

Disbursals (excluding ultra-short-term disbursals for SME products) registered YoY growth of 19% and stood at ₹1,69,660 crore in FY 2025-26, up from ₹1,42,302 crore in FY 2024-25.

Dividend, Borrowings, and Capital Structure

The Board has recommended a final dividend of ₹0.57 per equity share of face value ₹10 each for FY 2025-26, subject to shareholder approval at the AGM. If approved, the dividend payment would involve a cash outflow of ₹241.96 crore, representing a dividend payout of approximately 7.56% of standalone profits. The record date for the final dividend is July 27, 2026, with payment on or after August 24, 2026.

During FY 2025-26, the company issued NCDs on a private placement basis aggregating ₹13,558 crore. The aggregate standalone debt outstanding as at March 31, 2026 was ₹1,61,568.38 crore (including CRPS of ₹220.81 crore classified as borrowings under Ind AS), with a Debt Equity ratio of 4.21 times. On a consolidated basis, borrowings stood at ₹2,35,976.86 crore as at March 31, 2026 (FY 2024-25: ₹2,08,414.93 crore). The company holds AAA ratings from CRISIL, ICRA, and CARE for its long-term instruments, and international ratings of BBB (Stable) from S&P Global Ratings and BBB- (Stable) from Fitch Ratings.

AGM Agenda and CSR Highlights

The AGM agenda includes adoption of audited standalone and consolidated financial statements for FY 2025-26, confirmation of interim dividend on Cumulative Redeemable Preference Shares, declaration of the final equity dividend, re-appointment of Mr. Saurabh Agrawal as Director, appointment of M/s. T. P. Ostwal & Associates LLP as Joint Statutory Auditor for three consecutive years (FY 2026-27 to FY 2028-29), approval for issuance of Non-Convertible Debentures on a private placement basis up to ₹29,000 crore, ratification of the Employee Stock Option Scheme, and approval of material related party transactions with Tata Consultancy Services Limited for an aggregate value up to ₹4,900 crore during FY 2026-27.

On the CSR front, the company budgeted ₹9,198.00 lakh towards CSR programs in FY 2025-26, of which ₹7,217.00 lakh was spent. The balance ₹1,981.00 lakh was transferred to an Unspent CSR Account for ongoing projects. Key CSR programs include Aarogyatara (healthcare and curable blindness), Pankh Scholarships (education), JalAadhar (water security), The Green Switch (clean energy), and Vanaropan for Neutrality (afforestation). During FY 2025-26, the company positively impacted over 10.97 lakh individuals from underserved communities at the consolidated level.