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RBI rejects Tata Sons deregistration plea, putting group holding company on listing path
RBI has rejected Tata Sons’ request to surrender its NBFC registration, requiring compliance with upper-layer NBFC rules including a stock-market listing. A listing could unlock value and give retail investors indirect exposure to Tata’s unlisted consumer-facing businesses, including Air India and Tata Digital.
- FY26 revenue
- ₹42,367 crore
- FY26 profit after tax
- ₹31,961 crore
- FY26 net worth
- ₹1,79,010 crore
- FY26 net cash
- ₹21,841 crore
Reported figures
From the report. Source details below
- ₹21,813 crore debt prepaid
- ₹1 lakh crore upper-layer NBFC asset threshold
- ₹42,367 crore FY26 revenue
- ₹31,961 crore FY26 profit after tax
- ₹21,841 crore FY26 net cash
- ₹1,79,010 crore FY26 net worth
- ₹11,67,998 crore value of listed investments
- 19.45% FY26 return on equity
Other figures
- 17 upper-layer NBFCs