Tata Technologies Limited
Tata Technologies Limited provides product engineering and digital services in India, the United Kingdom, North America, rest of Europe, and internationally. It operates through Service and Technology Solutions segments. The company offers software-defined vehicle, end to end electric vehicle engineering, and turnkey full vehicle development, end to end engineering and electrification, product benchmarking, and embedded engineering solutions; HIL testing and validation solutions; and model-based systems engineering, digital transformation, smart manufacturing, and digital customer experience solutions. It also provides enterprise transformation SAP S/4 HANA, aerospace engineering, and aerospace MRO solutions, as well as upskilling competency centers. In addition, the company offers i GET IT, an online training platform for self-paced training courses; modular EV platform for product launches and reduces time to market; Pulse, an agile product data and management tool; Factorymagix, a manufacturing execution system tool; and AMP.IoT, a suite of modular applications designed to cater to the Industrial IOT requirements of the manufacturing industry. Further, it provides centralized hybrid integration platform, an enterprise hybrid integration ecosystem that connects and maps applications, data, and devices in the cloud; Power of 8, a digital application to enable OEMs to attract customers; TRACE, a connected vehicle platform that helps OEMs to develop and deliver end-to-end connected services; RightWeighting 5R, a solution that enables manufacturing companies to optimize weight and engineer products; and Visimatic, a suite of machine learning solutions. The company has a strategic partnership with Emerson to innovate integrated testing and validation solutions for global OEMs in the automotive, aerospace, and commercial vehicle sectors. The company was formerly known as Tata Technologies (India) Limited and changed its name to Tata Technologies Limited in February 2001. Tata Technologies Limited was incorporated in 1994 and is based in Pune, India. The company operates as a subsidiary of Tata Motors Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, May has averaged the highest return (+9.8%); Feb the lowest (-8.8%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6%Neutral MonthJan 2026: +0.59% | -9.4%Negative MonthFeb 2026: -9.36% | -13.0%Negative MonthMar 2026: -12.98% | +14.1%Positive MonthApr 2026: +14.11% | +15.4%Positive MonthMay 2026: +15.40% | +2.0%Positive MonthJun 2026: +2.03% | +7.8%*Positive MonthJul 2026: +7.82% | β | β | β | β | β |
| 2025 | -11.7%Negative MonthJan 2025: -11.66% | -14.7%Negative MonthFeb 2025: -14.66% | +0.9%Neutral MonthMar 2025: +0.92% | -3.0%Negative MonthApr 2025: -2.98% | +17.5%Positive MonthMay 2025: +17.48% | -8.0%Negative MonthJun 2025: -8.03% | -1.2%Neutral MonthJul 2025: -1.23% | -6.4%Negative MonthAug 2025: -6.39% | +1.8%Neutral MonthSep 2025: +1.83% | +3.4%Positive MonthOct 2025: +3.38% | -1.9%Neutral MonthNov 2025: -1.89% | -5.4%Negative MonthDec 2025: -5.43% |
| 2024 | -5.8%Negative MonthJan 2024: -5.85% | -2.4%Negative MonthFeb 2024: -2.39% | -5.9%Negative MonthMar 2024: -5.89% | +4.6%Positive MonthApr 2024: +4.56% | -3.4%Negative MonthMay 2024: -3.37% | -1.0%Neutral MonthJun 2024: -0.98% | -2.2%Negative MonthJul 2024: -2.19% | +6.7%Positive MonthAug 2024: +6.71% | +3.5%Positive MonthSep 2024: +3.49% | -8.8%Negative MonthOct 2024: -8.79% | -6.8%Negative MonthNov 2024: -6.79% | -5.0%Negative MonthDec 2024: -4.97% |
| 2023 | β | β | β | β | β | β | β | β | β | β | β | β |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 4 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ3.02 K Cr | β | βΉ849.00 Cr | β | β | 51.3% | 10.7% | 23.6% |
| Mar 2024 | βΉ2.73 K Cr | β | βΉ687.00 Cr | β | β | 57.0% | 29.4% | 181.6% |
| Mar 2023 | βΉ2.11 K Cr | β | βΉ244.00 Cr | β | β | 23.9% | 22.0% | 11.4% |
| Mar 2022 | βΉ1.73 K Cr | β | βΉ219.00 Cr | β | β | 27.9% | 64.7% | 102.8% |
| Mar 2021 | βΉ1.05 K Cr | β | βΉ108.00 Cr | β | β | 12.4% | -15.6% | -63.0% |
| Mar 2020 | βΉ1.25 K Cr | β | βΉ292.00 Cr | β | β | 38.4% | 2.3% | 52.9% |
| Mar 2019 | βΉ1.22 K Cr | β | βΉ191.00 Cr | β | β | 25.2% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,217 | 1,245 | 1,051 | 1,731 | 2,112 | 2,732 | 3,024 | 3,047 |
| Total Expenses | 913 | 941 | 854 | 1,421 | 1,746 | 2,240 | 2,408 | 2,432 |
| EBIT / Operating Profit | 304 | 303 | 197 | 310 | 367 | 492 | 617 | 615 |
| OPM % | 25% | 24% | 19% | 18% | 17% | 18% | 20% | 20% |
| Other Income | 11 | 149 | 14 | 38 | 38 | 405 | 486 | 315 |
| Finance Costs | 0 | 9 | 11 | 14 | 12 | 12 | 13 | 13 |
| Depreciation & Amortisation | 49 | 60 | 54 | 50 | 61 | 66 | 79 | 82 |
| Profit Before Tax | 266 | 384 | 147 | 283 | 332 | 819 | 1,010 | 835 |
| Tax % | 28% | 24% | 26% | 23% | 27% | 16% | 16% | - |
| Net Profit / PAT | 191 | 292 | 108 | 219 | 244 | 687 | 849 | 660 |
| EPS (βΉ) | - | - | - | - | 6.02 | 16.94 | 20.93 | 16.27 |
| Dividend Payout % | 34% | 57% | 0% | 0% | 204% | 59% | 56% | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Tata Technologies Limitedthis co. | βΉ26.80 K Cr | βΉ3.02 K Cr | 40.60 | 16.84 | 29.44 | 10.7% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |
