āagman

Not investment advice. Data and computed figures, for information only.

Tata Technologies Ltd

NSE: TATATECH
₹741.25
−₹4.30 (−0.58%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹29,067 Cr
CMP
₹741.25
52-wk High / Low
₹891 / 507
P/E
44.7
P/B
7.4
Book Value
₹96.6
Div Yield
1.17%
ROCE
21.0%
ROE
16.3%
Face Value
₹2
D/E
0.24

Price+3.8% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹171
√(22.5 × EPS × book value per share)
ROIC
10.4%
vs 13.5% sector median
Cash flow to profit
1.42
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−4
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
7.8%
ROE × earnings retention ratio
ROE stability
2.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.01FII +0.53DII +1.04
Latest quarter vs the previous one
Cash-accrual divergence
−3.0%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
Watch-outs
−Latest ROCE of 21% trails the sector median of 22%

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2581,2691,2891,3011,2691,2961,3171,2861,2441,3231,3661,5721,665
Expenses1,0071,0551,0531,0611,0381,0611,0831,0521,0441,1161,1731,3201,397
Operating Profit250214237240231236234233200208193252267
OPM %19.9%16.9%18.4%18.4%18.2%18.2%17.8%18.1%16.1%15.7%14.1%16.0%16.0%
Other Income31303124231628616854−1259446
Interest555455655591615
Depreciation24262729303030313131364747
Profit before tax25321323523122021722625823322623283252
Net Profit1921601701571621571691891701667204181
EPS (₹)4.723.954.203.883.993.884.164.664.204.080.165.034.45

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,9422,8522,3813,5304,4145,1175,1685,5065,926
Expenses2,4372,3821,9952,8843,5934,1764,2344,6535,006
Operating Profit505470386646821941934853920
OPM %17.2%16.5%16.2%18.3%18.6%18.4%18.1%15.5%15.5%
Other Income36363949881161289169
Interest11618221819203445
Depreciation6999928695106121145160
Profit before tax471392315587796932921765784
Net Profit353252239437624679677547557
EPS (₹)————15.3816.7516.6913.4613.72

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital4242424281818181—
Reserves1,7151,8112,1002,2382,9083,1403,4983,842—
Borrowings0258266261255257237938—
Other Liabilities5124621,1641,6761,9572,1002,8483,999—
Total Liabilities2,2692,5733,5734,2185,2015,5786,6648,860—
Fixed Assets8191,1191,0901,0681,0951,1511,1302,055—
CWIP2500030015—
Investments393649752830150616823—
Other Assets1,3861,4171,9862,6224,0744,2774,9185,966—
Total Assets2,2692,5733,5734,2185,2015,5786,6648,860—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3692671,113−39401294699776
Cash from Investing Activity−19−3−66470−440400−65−776
Cash from Financing Activity−221−261−44−44−347−557−48616
Net Cash Flow1294405−13−38513714815

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—22.015.025.028.028.026.021.0
ROE %———————16.3
EPS (₹)————15.3816.7516.6913.46
Book Value (₹)———————96.6
Face Value (₹)———————2
P/E———————44.7
Div Yield %———————1.17
NPM %11.98.79.912.213.913.012.89.8
OPM %17.016.016.018.019.018.018.015.0
D/E0.000.140.120.110.090.080.070.24
P/B———————7.4

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+18.0%
3 years+8.0%
TTM+15.0%
Compounded profit growth
5 years+21.0%
3 years−1.0%
TTM−5.0%
Stock price CAGR
Last year+0.0%
Return on equity
5 years20.0%
3 years19.0%
Last year16.0%

Shareholding pattern

As of 30 Sep 2024
Dec 2023Mar 2024Jun 2024Sep 2024
Promoters55.39%55.22%55.18%55.17%
FIIs1.10%3.10%5.77%6.30%
DIIs1.51%2.48%3.44%4.48%
Government————
Public42.01%39.20%35.58%34.04%
No. of shareholders11,78,33813,74,61312,99,83412,39,124
Change since Dec 2023 (pp)
Promoters −0.22FIIs +5.20DIIs +2.97Public −7.97

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Rumour verification - Regulation 30(11)Clarification sought from Tata Technologies LtdAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBoard Meeting Intimation for Considering The Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2026
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026PPTJan 2026TranscriptJan 2026PPTJan 2026RecordingOct 2025TranscriptOct 2025PPTOct 2025Recording

Corporate actions

As of 18 Jun 2026
18 Jun 2026DIVIDENDDividend - Rs 8.35 Per Share & Special Dividend - Rs 3.35 Per Share—
16 Jun 2025DIVIDENDDividend - Rs 8.35 Per Share & Special Dividend - Rs 3.35 Per Share—
13 Jun 2024DIVIDENDDividend - Rs 8.40 Per Share & Special Dividend Rs 1.65 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman