Tata Technologies Ltd
Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.[1]
- Market Cap ₹ 41,046 Cr.
- Current Price ₹ 1,012
- High / Low ₹ 1,400 / 970
- Stock P/E 52.8
- Book Value ₹ 34.6
- Dividend Yield 0.83 %
- ROCE 69.2 %
- ROE 61.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 29.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.4%
- Company has been maintaining a healthy dividend payout of 87.9%
Cons
- Stock is trading at 29.2 times its book value
- Earnings include an other income of Rs.445 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
1,217 | 1,245 | 1,051 | 1,731 | 2,112 | 2,732 | 2,926 | |
913 | 941 | 854 | 1,421 | 1,746 | 2,240 | 2,357 | |
Operating Profit | 304 | 303 | 197 | 310 | 367 | 492 | 569 |
OPM % | 25% | 24% | 19% | 18% | 17% | 18% | 19% |
11 | 149 | 14 | 38 | 38 | 405 | 445 | |
Interest | 0 | 9 | 11 | 14 | 12 | 12 | 12 |
Depreciation | 49 | 60 | 54 | 50 | 61 | 66 | 73 |
Profit before tax | 266 | 384 | 147 | 283 | 332 | 819 | 930 |
Tax % | 28% | 24% | 26% | 23% | 27% | 16% | |
191 | 292 | 108 | 219 | 244 | 687 | 776 | |
EPS in Rs | 6.02 | 16.94 | 19.13 | ||||
Dividend Payout % | 34% | 57% | 0% | 0% | 204% | 59% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 38% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 86% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 40% |
Last Year: | 62% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 43 | 42 | 42 | 42 | 81 | 81 | 81 |
Reserves | 716 | 719 | 829 | 742 | 939 | 1,124 | 1,321 |
0 | 0 | 88 | 93 | 86 | 82 | 88 | |
219 | 256 | 938 | 1,227 | 1,492 | 1,643 | 2,016 | |
Total Liabilities | 978 | 1,017 | 1,897 | 2,104 | 2,598 | 2,930 | 3,507 |
97 | 191 | 160 | 184 | 178 | 209 | 198 | |
CWIP | 25 | 0 | 0 | 0 | 3 | 0 | 0 |
Investments | 258 | 255 | 716 | 747 | 249 | 369 | 404 |
598 | 571 | 1,021 | 1,173 | 2,169 | 2,352 | 2,905 | |
Total Assets | 978 | 1,017 | 1,897 | 2,104 | 2,598 | 2,930 | 3,507 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
163 | 882 | -370 | 347 | 87 | ||
-19 | -684 | 159 | 27 | 431 | ||
-153 | -21 | -19 | -318 | -524 | ||
Net Cash Flow | -10 | 178 | -230 | 55 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 110 | 85 | 106 | 71 | 74 | 61 |
Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 |
Days Payable | ||||||
Cash Conversion Cycle | 110 | 85 | 106 | 71 | 74 | 61 |
Working Capital Days | 101 | 83 | -71 | -36 | 78 | 52 |
ROCE % | 52% | 18% | 32% | 35% | 69% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 31 Oct
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Oct
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Oct - Audio recording of financial results presentation available.
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Announcement under Regulation 30 (LODR)-Change in Directorate
28 Oct - Appointment of Mr. Balaje Rajan as Non-Executive Director.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Oct - Tata Technologies collaborates with Air India for aircraft interior transformation.
Concalls
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
** Services offered**[1]
Tata Technologies' primary business line is services, which includes providing outsourced engineering services and digital transformation services to global manufacturing clients helping them design better products for their customers.