Tata Technologies Ltd logo

Tata Technologies Ltd

TATATECH NSE

Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.[1]

AI Verdict: HOLD Confidence: 4%

Tata Technologies trades at a steep PE of 57.3x with TTM profit declining 9%, making the valuation hard to justify near-term. However, strong parentage, healthy 72.3% dividend payout, and 5-year sales CAGR of 18% provide a floor. With 53.85% of analysts rating it a Sell, risk-reward is unfavorable at current levels.

Key Fundamentals

Volatility
Moderate
P/E Ratio
55.56
EBITDA
₹1,028 Cr
Return on Equity
21.09%
Debt to Equity
0.16
EPS
₹16.02
52W High
₹784
52W Low
₹507.4

Technical Indicators

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 72.3%

Weaknesses

1
  • Stock is trading at 7.75 times its book value

Growth Rate

Revenue Growth
7.32% ↘
Net Income Growth
-19.26% ↘
Cash Flow Change
10.93% ↗
ROE
-26.34% ↘
ROCE
-34.56% ↘
EBITDA Margin (Avg.)
-9.50% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 8d ago
HOLD
Risk high

Tata Technologies trades at a steep PE of 57.3x with TTM profit declining 9%, making the valuation hard to justify near-term. However, strong parentage, healthy 72.3% dividend payout, and 5-year sales CAGR of 18% provide a floor. With 53.85% of analysts rating it a Sell, risk-reward is unfavorable at current levels.

Bull Case 7
  • Strong 5-year compounded sales CAGR of 18% demonstrates robust long-term revenue growth trajectory
  • Healthy dividend payout ratio of 72.3% with current yield of 1.52% provides income support for investors
  • 3-year average ROE of 19% and 5-year average ROE of 20% indicate efficient capital allocation historically
  • Market cap of Rs 31,283 Cr backed by Tata Group parentage offers brand credibility and potential deal flow advantages
  • TTM revenue still growing at 7% despite macro headwinds in the engineering services space
  • 5-year compounded profit CAGR of 21% shows the business model has delivered strong earnings growth over a longer cycle
  • Stock has delivered only 3% 1-year CAGR meaning much of the froth from listing has corrected, potentially offering a better entry point
Bear Case 8
  • PE ratio of 57.3x is extremely elevated for a company with declining TTM profits of -9%
  • 53.85% of analysts (7 out of 13) rate the stock a Sell, reflecting broad Street skepticism
  • TTM compounded profit growth is -9%, indicating earnings are contracting year-over-year
  • Price-to-book ratio of 9.7x (trading at 7.99x book value) implies significant premium over tangible asset base
  • 3-year compounded profit CAGR of -1% shows earnings stagnation over a meaningful medium-term period
  • Last year ROE declined to 16% from the 3-year average of 19%, signaling deteriorating return efficiency
  • Only 23.08% of analysts (3 out of 13) have a Buy rating, indicating limited institutional conviction
  • TTM sales growth has decelerated sharply to 7% from the 5-year CAGR of 18%, suggesting growth momentum is fading

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 3
  • SAP PartnerEdge Sell authorization Jun 02

    Tata Technologies secured SAP PartnerEdge Sell authorization in India and the US, shifting to a solution-led model enabling end-to-end lifecycle services from advisory to value realization across SAP Cloud ERP and Business AI.

  • ₹11.70 dividend declared May 29

    Record date set for June 18, 2026, for a total dividend of ₹11.70 per share. 32nd AGM scheduled for June 26, 2026.

  • InnoVent-27 hackathon launched Jun 04

    Tata Technologies launched the 4th edition of its InnoVent hackathon in partnership with Emerson and AWS, focusing on AI at the Edge.

Neutral 5
  • Trading window closed for Q1FY27 Jun 23

    Trading window closed from June 24, 2026, for designated persons ahead of Q1FY27 results; will reopen 48 hours after results are declared.

  • AGM set for June 26 Jun 04

    32nd AGM scheduled for June 26, 2026, via video conferencing with e-voting from June 23 to June 25.

  • Active investor engagement Jun 02

    Multiple investor meetings held including SBI Pension Funds, D1 Capital, BofA India Conference (Jun 2), London roadshow (Jun 11), and analyst meet with TCG AMC and Axis Capital (Jun 18).

  • Shares free of encumbrance Jun 15

    Tata Motors Passenger Vehicles and PAC confirmed no encumbrance on shares held in Tata Technologies for FY ended March 31, 2026.

  • BRSR filed for FY26 Jun 03

    Filed Business Responsibility and Sustainability Report for FY26 with Scope 1 and 2 emission intensity of 0.51 tonnes CO2e per FTE.

TL;DR: Tata Technologies is showing strategic momentum with its SAP PartnerEdge Sell authorization in India and the US, signaling a meaningful shift toward a solution-led revenue model. The ₹11.70 dividend and clean share structure reflect financial health and governance discipline. No material headwinds are visible in the recent news flow. With Q1FY27 results approaching and active global investor engagement, the near-term outlook hinges on whether the SAP partnership and AI initiatives translate into revenue acceleration.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
1,402
1,258
1,269
1,289
1,301
1,269
1,296
1,317
1,286
1,244
1,323
1,366
1,572
Expenses
1,160
1,007
1,055
1,053
1,061
1,038
1,061
1,083
1,052
1,044
1,116
1,173
1,320
Operating Profit
243
250
214
237
240
231
236
234
233
200
208
193
252
OPM %
17%
20%
17%
18%
18%
18%
18%
18%
18%
16%
16%
14%
16%
Other Income
47
31
30
31
24
23
16
28
61
68
54
-125
94
Interest
5
5
5
5
4
5
5
6
5
5
5
9
16
Depreciation
25
24
26
27
29
30
30
30
31
31
31
36
47
PBT
260
253
213
235
231
220
217
226
258
233
226
23
283
Tax %
17%
24%
25%
28%
32%
26%
28%
25%
27%
27%
27%
71%
28%
Net Profit
217
192
160
170
157
162
157
169
189
170
166
7
204
EPS in Rs
5.34
4.72
3.95
4.2
3.88
3.99
3.88
4.16
4.66
4.2
4.08
0.16
5.03
Figures in ₹ Crores

Profit & Loss

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
2,942
2,852
2,381
3,530
4,414
5,117
5,168
5,506
Expenses
2,437
2,382
1,995
2,884
3,593
4,176
4,234
4,653
Operating Profit
505
470
386
646
821
941
934
853
OPM %
17%
16%
16%
18%
19%
18%
18%
15%
Other Income
36
36
39
49
88
116
128
91
Interest
1
16
18
22
18
19
20
34
Depreciation
69
99
92
86
95
106
121
145
PBT
471
392
315
587
796
932
921
765
Tax %
25%
36%
24%
26%
22%
27%
27%
29%
Net Profit
353
252
239
437
624
679
677
547
EPS in Rs
—
—
—
—
15.38
16.75
16.69
13.46
Div. Payout %
18%
66%
0%
0%
0%
60%
70%
87%
Figures in ₹ Crores

Balance Sheet

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
42
42
42
42
81
81
81
81
Reserves
1,715
1,811
2,100
2,238
2,908
3,140
3,498
3,842
Borrowings
0
258
266
261
255
257
237
938
Other Liabilities
512
462
1,164
1,676
1,957
2,100
2,848
3,999
Total Liabilities
2,269
2,573
3,573
4,218
5,201
5,578
6,664
8,860
Fixed Assets
819
1,119
1,090
1,068
1,095
1,151
1,130
2,055
CWIP
25
0
0
0
3
0
0
15
Investments
39
36
497
528
30
150
616
823
Other Assets
1,386
1,417
1,986
2,622
4,074
4,277
4,918
5,966
Total Assets
2,269
2,573
3,573
4,218
5,201
5,578
6,664
8,860
Figures in ₹ Crores

Cash Flow

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
369
267
1,113
-39
401
294
699
776
Investing
-19
-3
-664
70
-440
400
-65
-776
Financing
-221
-261
-44
-44
-347
-557
-486
16
Net Cash Flow
129
4
405
-13
-385
137
148
15
Free Cash Flow
320
214
1,099
-102
336
204
669
743
CFO/OP
108
85
317
14
78
63
108
112
Figures in ₹ Crores

Ratios

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
71
93
91
79
91
82
71
79
Inventory Days
0
0
0
0
0
0
0
0
Days Payable
312
—
—
—
—
—
—
—
Cash Conversion Cycle
-241
93
91
79
91
82
71
79
Working Capital Days
55
61
-12
-12
66
56
34
33
ROCE %
—
22%
15%
25%
28%
28%
26%
21%

Shareholding Pattern

As of Mar 2026
Promoters 55.18%
Public 35.58%
FIIs 5.77%
DIIs 3.44%
Total 99.97%
  Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
55.39%
55.39%
55.39%
55.22%
55.22%
55.22%
55.22%
55.22%
55.21%
55.18%
FIIs
2.02%
1.10%
1.63%
3.62%
3.10%
3.10%
4.87%
5.25%
5.51%
5.77%
DIIs
2.50%
1.51%
1.78%
3.44%
3.06%
2.48%
3.31%
2.88%
2.92%
3.44%
Public
40.09%
42.01%
41.20%
37.72%
38.61%
39.20%
36.58%
36.65%
36.34%
35.58%
No. of Shareholders
10,39,672
11,78,338
12,41,881
12,79,750
13,50,826
13,74,613
14,11,035
13,90,010
13,45,082
12,99,834

Documents

Frequently Asked Questions about Tata Technologies Ltd

What does Tata Technologies Ltd do?
Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.[1]
Where is Tata Technologies Ltd (TATATECH) listed?
Tata Technologies Ltd is listed on the Indian stock exchanges. It is listed on NSE: TATATECH and BSE: 544028. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Tata Technologies Ltd belong to?
Tata Technologies Ltd operates in the Information Technology sector within the IT - Services industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the PE ratio of Tata Technologies Ltd?
The Price-to-Earnings (PE) ratio of Tata Technologies Ltd is 55.56. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Tata Technologies Ltd?
Over the past 52 weeks, Tata Technologies Ltd has traded between a low of ₹507.4 and a high of ₹784. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Tata Technologies Ltd?
Tata Technologies Ltd has a Return on Equity (ROE) of 21.09%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Tata Technologies Ltd on Tapetide?
On Tapetide, you can view Tata Technologies Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.[1]

Website tatatechnologies.com/in
Listed 2023-11-30
Face Value ₹ 2
Issued Size 40,57,43,604

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