Tata Technologies Ltd
TATATECHTata Technologies Ltd
TATATECH
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 57.03 | 11.45 | 1.11% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 36.07 | 9.50 | 1.63% |
Forecast & Ratings
Detailed Forecast from 7 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Tata Technologies Ltd is a global engineering services company providing product development and digital solutions to OEMs and tier one suppliers, including consulting and software applications.
Investor Presentation
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Compare with peersTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
Wipro Ltd
LTIMindtree Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,711.91 | 2,832.32 | 2,777.15 | 2,984.44 | 2,896.97 | 2,425.74 | 3,578.38 | 4,501.92 | 5,232.75 | 5,250.18 | ||||||||||
Raw Materials | 371.66 | 320.48 | 336.41 | 344.66 | 367.92 | 338.30 | 688.54 | 682.48 | 895.33 | 4,212.77 | ||||||||||
| Power & Fuel Cost | 11.23 | 10.09 | 10.71 | 12.16 | 12.42 | 7.24 | 7.39 | 11.17 | 11.89 | |||||||||||
| Employee Cost | 1,196.25 | 1,283.25 | 1,323.25 | 1,390.09 | 1,418.54 | 1,216.00 | 1,512.69 | 1,929.46 | 2,363.72 | |||||||||||
| Selling & Administrative Expenses | 205.07 | 239.47 | 236.65 | 237.86 | 218.39 | 150.01 | 509.06 | 180.49 | 180.27 | |||||||||||
| Operating & Other expenses | 399.44 | 461.72 | 457.47 | 458.80 | 372.90 | 289.07 | 166.24 | 789.64 | 724.71 | |||||||||||
EBITDA | 528.26 | 517.31 | 412.66 | 540.87 | 506.80 | 425.12 | 694.46 | 908.68 | 1,056.83 | 1,037.41 | ||||||||||
| Depreciation/Amortization | 58.53 | 62.84 | 71.43 | 68.64 | 99.15 | 92.20 | 85.71 | 94.55 | 105.87 | 115.74 | ||||||||||
| PBIT | 469.73 | 454.47 | 341.23 | 472.23 | 407.65 | 332.92 | 608.75 | 814.13 | 950.96 | 921.67 | ||||||||||
| Interest & Other Items | 6.20 | 4.31 | 4.70 | 1.29 | 15.64 | 17.66 | 21.90 | 17.98 | 18.91 | 18.76 | ||||||||||
| PBT | 463.53 | 450.16 | 336.53 | 470.94 | 392.01 | 315.26 | 586.85 | 796.15 | 932.05 | 902.91 | ||||||||||
| Taxes & Other Items | 79.97 | 99.18 | 90.72 | 118.34 | 140.42 | 76.09 | 149.86 | 172.12 | 252.68 | 256.01 | ||||||||||
| Net Income | 383.56 | 350.98 | 245.81 | 352.60 | 251.59 | 239.17 | 436.99 | 624.03 | 679.37 | 646.90 | ||||||||||
| EPS | 8.91 | 8.16 | 5.78 | 8.38 | 6.00 | 5.72 | 10.45 | 15.15 | 16.75 | 15.95 | ||||||||||
| DPS | 3.50 | 4.00 | 3.00 | 1.50 | 4.00 | 0.00 | 0.00 | 12.30 | 10.05 | 10.05 | ||||||||||
| Payout ratio | 0.39 | 0.49 | 0.52 | 0.18 | 0.67 | 0.00 | 0.00 | 0.81 | 0.60 | 0.63 |
Company Updates
Peers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Tata Technologies Ltd | 54.30 | 11.45 | 1.11% |
| Tata Consultancy Services Ltd | 32.97 | 16.58 | 1.74% |
| Infosys Ltd | 30.17 | 8.95 | 2.41% |
| HCL Technologies Ltd | 32.69 | 7.52 | 2.75% |
Price Comparison
Compare TATATECH with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 2.73%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.99%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Tata Technologies Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
360 ONE Focused Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2966% | Percentage of the fund’s portfolio invested in the stock 1.44% | Change in the portfolio weight of the stock over the last 3 months 0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/35 (-1) |
Axis Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1820% | Percentage of the fund’s portfolio invested in the stock 0.22% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 95/110 (+4) |
JM Flexicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1342% | Percentage of the fund’s portfolio invested in the stock 1.05% | Change in the portfolio weight of the stock over the last 3 months -0.36% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 60/79 (-13) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 13, 2024
Dividend/Share
₹8.40
Ex DateEx Date
Jun 13, 2024
Cash Dividend
Ex DateEx DateJun 13, 2024
Dividend/Share
₹1.65
Ex DateEx Date
Jun 13, 2024
The contract includes 6 new long-term trades and 23 short-term courses that will be launched in a scheduled manner; the total new infrastructure of 13,500 SFT in each ITI will be built by the government to support the initiative. The duration of the agreement is 5 years and 9 months, and it can be extended by another 5 years with added scope & associated commercials. The contract value stood at Rs 95.65 crore for the overall upgrade, training, maintenance, and associated services. Tata Technologies is a global product engineering and digital services company. The company's consolidated net profit fell 1.9% to Rs 157.41 crore on a 2.1% rise in net sales to Rs 1,296.45 crore in Q2 FY25 over Q2 FY24. The scrip declined 0.55% to currently trade at Rs 943.20 on the BSE. Powered by Capital Market - Live
Tata Technologies has today signed a Memorandum of Agreement (MoA) with Department of Industries & Commerce, Government of Tripura, Secretariat, Agartala, for ITI Upgrade project for upgrading 19 ITI across Tripura. The value of the project is Rs 95.65 crore. Powered by Capital Market - Live
Net profit of Tata Technologies declined 1.85% to Rs 157.41 crore in the quarter ended September 2024 as against Rs 160.38 crore during the previous quarter ended September 2023. Sales rose 2.15% to Rs 1296.45 crore in the quarter ended September 2024 as against Rs 1269.17 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1296.451269.17 2 OPM %18.1716.88 - PBDT247.38239.45 3 PBT217.48213.28 2 NP157.41160.38 -2 Powered by Capital Market - Live
Tata Technologies will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
On the BSE 1.38 crore shares of the company has traded in the counter so far as against an average trading volume 17.04 lakh shares in the past two weeks. On the NSE 76.06 lakh shares of the company were traded in the counter so far as against an average trading volume 14.42 lakh shares in the past three months. About 1.3 crore equity shares or 3.3% stake changed hands at price of Rs 1,027 per share in the company. The names of buyer and sellers were not ascertained immediately. The total transaction value is worth Rs 1,367.4 crore. As of 30 June 2024, promoters of Tata Technologies held a 55.39% stake in the company. Tata Technologies is a global product engineering and digital services company.Powered by Capital Market - Live
Tata Technologies has received a letter from the Government of Chhattisgarh (CoG), informing the Company about closure of the project entailing upgrading of 36 ITIs as Center of Excellence. The Company has today i.e. 10 August 2024, sent a letter to the CoG accepting the termination of the Memorandum of Agreement and agreed to initiate steps for refund of the Escrow Amount.Powered by Capital Market - Live
Net profit of Tata Technologies declined 15.40% to Rs 162.03 crore in the quarter ended June 2024 as against Rs 191.53 crore during the previous quarter ended June 2023. Sales rose 0.91% to Rs 1268.97 crore in the quarter ended June 2024 as against Rs 1257.53 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1268.971257.53 1 OPM %18.2119.92 - PBDT249.35276.55 -10 PBT219.64252.98 -13 NP162.03191.53 -15 Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.89%, vs industry avg of 11.41%
Increasing Market Share
Over the last 5 years, market share increased from 0.63% to 0.67%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 14.02%, vs industry avg of 9.23%