TATA Technologies

Company Overview

Tata Technologies (TTL) is a global engineering and product development digital services company focused on fulfilling its mission of helping the world drive, fly, build and farm by enabling its manufacturing clients across the automotive, industrial heavy machinery and aerospace verticals realize better products and drive efficiencies in their businesses, leading to the development of products which are better for the end customer, environment and society at large.

Committed to ‘Engineering a better world’, through agile, collaborative innovation and adoption of sustainable technologies and processes, the Company has over 8,600 innovators serving clients across three continents through its uniquely balanced onshore/offshore global delivery model that enables us to provide aligned on-shore customer proximity required to support the iterative nature of product development services together with the capacity and cost-effectiveness of offshore locations.

The Company’s service offerings are delivered through two lines of business:

  1. Engineering, Research & Development (ER&D) services – Product Design and simulation, Validation & Testing and embedded systems development services of products primarily in the automotive, aerospace and industrial machinery sectors.
  2. Digital Enterprise Solutions (DES) – IT value offerings to improve organization efficiency in ERP, CRM, Analytics and Digital
    enterprise and Digitization of product database for smart knowledge management through the product lifecycle.
id company_master_id company shareholder sharesNo shareHolding dateOfUpdate
132 26 Tata Technologies Tata Motors Limited (Promoters) 30300600 0 2021-03-31
133 26 Tata Technologies Public 11506375 0 2021-03-31
id company_master_id company shareholder sharesNo shareHolding dateOfUpdate

Revenue Segment

Share Holding

Revenue & Margins

% Margins

Company Financials

Profit and Loss Account (₹ in Crores) 2021 2022 2023
Revenue from Operations 2380.91 3529.57 4414.18
Other Income 44.83 48.8 87.74
Total Income 2425.74 3578.37 4501.92
Cost of Operations 579.73 1088.34 1252.14
EBITDA 430.54 694.44 908.68
EBITDA % 17.75 19.41 20.18
EBIT 338.34 608.73 814.13
EBIT % 13.95 17.01 18.08
PBT 320.68 586.93 796.15
PBT % 13.22 16.4 17.68
TAX 76.09 149.86 172.12
NPAT 239.18 434.01 707.59
NPAT % 9.86 12.13 15.72
EPS (Basic) in ₹ 57.21 10.77 15.38
EPS (Diluted) in ₹ 57.21 10.77 15.37
Dividend Per Share (in ₹) 0 0 0

Sources of funds

Application of funds

Balance Sheet (₹ in Crores) 2021 2022 2023
Share Capital 41.81 41.81 81.13
Reserves 2100.36 2238.34 2908.32
Networth 2142.17 2280.15 2989.45
Long Term Borrowings 0 0 0
Short Term Borrowings 0 0 0
Current Liabilities 1182.16 1695.71 1973.41
Non-Current Assets 1185.24 1237.82 1404.02
Current Assets 2387.5 2989.2 3797.47
Total Assets 3572.74 4218.02 5201.49
Cash Bank Balance 783.41 869.4 999.2
Trade Receivables 453.44 768.18 1106.22
Trade Payables 223.66 336.63 65781
Inventory 0 0 0
Cash Flow Statement (₹ in Crores) 2021 2022 2023
Cash flow from operating Activities 1113.2 -38.71 401.39
Cash flow from Investing Activities -673.58 74.21 -487.43
Cash flow from Financing Activities -44.38 -44.41 -346.87
Net Cash-Flow 395.24 -8.91 -432.91

KEL %

2020
2019

SHEELA %

2020
2019
Price Multiples as on 2021-05-08
Face Value Per Share (in ₹) 2
Price Per Share (in ₹) 1030
P/E 67.01
P/B 1.44
Dividend Yield 0 %
Price / Sales 0.98
Market Cap (₹ in Crores) 4306

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