Founded in 1994, Tata Technologies Limited stands as a leading global engineering services company specializing in Product Development and Digital Solutions. With a rich history spanning nearly three decades, the company has carved a niche for itself in the competitive landscape. This article delves into a comprehensive exploration of Tata Technologies’ diverse portfolio and achievements, shedding light on its contributions to the field of engineering services and its innovative approaches to digital solutions.
From its inception to its current standing, we will discuss every facet of Tata Technologies, providing readers with a holistic understanding of this dynamic and influential player in the industry.
About Tata Technologies
Tata Technologies Limited, a key player in the global engineering services landscape, is at the forefront of innovation, offering a spectrum of services that significantly impact the manufacturing sector. As a subsidiary of Tata Motors and an integral part of the esteemed Tata Group, the company distinguishes itself by providing outsourced engineering services and digital transformation solutions to global manufacturing clients. Leveraging its robust service offerings, Tata Technologies aids clients in designing superior products that cater to evolving customer needs. Furthermore, the company strategically complements its services through a dedicated focus on Technology Solutions, involving the resale of third-party software applications, primarily product lifecycle management (PLM) software.
Notably, Tata Technologies’ fiscal performance showcases a revenue shift, with services constituting 80% and Technology Solutions at 20% in FY23. With a global presence comprising 19 delivery centers across North America, Europe, and Asia Pacific, and a workforce of 12,451 employees, the company continues to demonstrate market leadership. Its consistent recognition in the leadership zone for Engineering Research & Development (ER&D) services by Zinnov Zones further solidifies Tata Technologies’ position as an industry leader, particularly in electrification on a global scale.
Tata Technologies Q4 Financial Highlights
- Tata Technologies’ Q4 earnings disappointed investors with a 5% decline in its shares on May 6.
- Net profit for the quarter fell around 8% sequentially to Rs 157 crore, compared to Rs 170 crore in the previous quarter.
- Revenue growth was sluggish, increasing by less than 1% to Rs 1,301 crore from Rs 1,289.5 crore in the previous quarter.
- Muted revenue growth was attributed to a project ramp down by its major services client, Vinfast.
- Operational performance remained steady with an EBITDA margin of 18.4% in Q4.
- JM Financial revised its constant currency revenue growth estimates for Tata Tech’s services segment for FY25-26 to 11%-15%, citing residual declines in the Vinfast account and margin adjustments.
- Despite challenges, JM Financial remains optimistic about Tata Tech’s growth prospects, particularly driven by its diverse portfolio and deals with BMW, aerospace, and education sectors.
How to Purchase Tata Technologies?
Below are the trading platforms that you can use to purchase Tata Technologies shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2024 | 1,054.54 | 916.99 |
| June 2024 | 1,092.50 | 950.00 |
| July 2024 | 1,081.58 | 940.50 |
| August 2024 | 1,124.84 | 978.12 |
| September 2024 | 1,169.83 | 1,017.25 |
| October 2024 | 1,146.89 | 997.30 |
| November 2024 | 1,192.77 | 1,037.19 |
| December 2024 | 1,204.70 | 1,047.56 |
In May 2024, Tata Technologies’ shares are projected to reach a maximum price of ₹1,054.54 and a minimum price of ₹916.99, indicating potential fluctuations within this range. As we progress into June, prices are anticipated to rise, with the maximum and minimum prices forecasted at ₹1,092.50 and ₹950.00, respectively. July’s forecast suggests relatively stable prices, with Tata Technologies’ shares trading between ₹1,081.58 (minimum) and ₹940.50 (maximum). Throughout the year, Tata Technologies’ stock prices exhibit fluctuations, peaking at ₹1,204.70 in December and reaching a minimum of ₹1,047.56 by December 2024.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,216.74 | 935.96 |
| February 2025 | 1,229.03 | 945.41 |
| March 2025 | 1,254.84 | 965.27 |
| April 2025 | 1,242.42 | 955.71 |
| May 2025 | 1,206.23 | 927.87 |
| June 2025 | 1,260.51 | 969.63 |
| July 2025 | 1,235.80 | 950.61 |
| August 2025 | 1,274.02 | 980.01 |
| September 2025 | 1,289.31 | 991.77 |
| October 2025 | 1,322.83 | 1,017.56 |
| November 2025 | 1,355.90 | 1,043.00 |
| December 2025 | 1,416.91 | 1,089.93 |
Throughout 2025, Tata Technologies’ shares are anticipated to experience fluctuations in prices, influenced by market trends and company performance. In January, the maximum and minimum prices are projected to be ₹1,216.74 and ₹935.96, respectively, indicating potential volatility early in the year. As the months progress, both maximum and minimum prices are expected to gradually rise, with December forecasted to see the highest maximum price of ₹1,416.91 and the highest minimum price of ₹1,089.93, reflecting sustained investor interest and optimism in Tata Technologies’ future prospects.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,459.42 | 1,122.63 |
| February 2026 | 1,422.94 | 1,094.57 |
| March 2026 | 1,451.40 | 1,116.46 |
| April 2026 | 1,481.02 | 1,139.24 |
| May 2026 | 1,466.35 | 1,127.96 |
| June 2026 | 1,503.01 | 1,156.16 |
| July 2026 | 1,473.54 | 1,133.49 |
| August 2026 | 1,519.11 | 1,168.55 |
| September 2026 | 1,549.50 | 1,191.92 |
| October 2026 | 1,589.78 | 1,222.91 |
| November 2026 | 1,629.53 | 1,253.48 |
| December 2026 | 1,670.27 | 1,284.82 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,686.97 | 1,297.67 |
| February 2027 | 1,730.22 | 1,330.94 |
| March 2027 | 1,797.70 | 1,382.85 |
| April 2027 | 1,762.45 | 1,355.73 |
| May 2027 | 1,711.12 | 1,316.25 |
| June 2027 | 1,788.12 | 1,375.48 |
| July 2027 | 1,753.06 | 1,348.51 |
| August 2027 | 1,807.28 | 1,390.21 |
| September 2027 | 1,870.53 | 1,438.87 |
| October 2027 | 1,919.17 | 1,476.28 |
| November 2027 | 1,967.15 | 1,513.19 |
| December 2027 | 2,016.32 | 1,551.02 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,056.65 | 1,582.04 |
| February 2028 | 2,109.38 | 1,622.60 |
| March 2028 | 2,191.65 | 1,685.89 |
| April 2028 | 2,148.68 | 1,652.83 |
| May 2028 | 2,086.09 | 1,604.69 |
| June 2028 | 2,179.97 | 1,676.90 |
| July 2028 | 2,137.22 | 1,644.02 |
| August 2028 | 2,203.32 | 1,694.86 |
| September 2028 | 2,280.44 | 1,754.18 |
| October 2028 | 2,339.73 | 1,799.79 |
| November 2028 | 2,398.22 | 1,844.79 |
| December 2028 | 2,458.18 | 1,890.91 |
| When | Maximum Price | Minimum Price |
| January 2029 | 2,507.34 | 1,928.73 |
| February 2029 | 2,571.64 | 1,978.18 |
| March 2029 | 2,671.93 | 2,055.33 |
| April 2029 | 2,619.54 | 2,015.03 |
| May 2029 | 2,543.24 | 1,956.34 |
| June 2029 | 2,657.69 | 2,044.37 |
| July 2029 | 2,605.58 | 2,004.29 |
| August 2029 | 2,686.16 | 2,066.28 |
| September 2029 | 2,780.18 | 2,138.60 |
| October 2029 | 2,852.46 | 2,194.20 |
| November 2029 | 2,923.77 | 2,249.06 |
| December 2029 | 2,996.87 | 2,305.28 |
| When | Maximum Price | Minimum Price |
| January 2030 | 3,056.80 | 2,351.39 |
| February 2030 | 3,135.18 | 2,411.68 |
| March 2030 | 3,257.45 | 2,505.73 |
| April 2030 | 3,193.58 | 2,456.60 |
| May 2030 | 3,100.57 | 2,385.05 |
| June 2030 | 3,240.09 | 2,492.38 |
| July 2030 | 3,176.56 | 2,443.51 |
| August 2030 | 3,274.80 | 2,519.08 |
| September 2030 | 3,389.42 | 2,607.25 |
| October 2030 | 3,477.55 | 2,675.04 |
| November 2030 | 3,564.49 | 2,741.91 |
| December 2030 | 3,653.60 | 2,810.46 |
Throughout 2030, Tata Technologies’ shares are expected to demonstrate fluctuating prices influenced by market dynamics and company performance. In January, the maximum and minimum prices are projected to reach ₹3,056.80 and ₹2,351.39, respectively, suggesting potential volatility at the beginning of the year. As the year progresses, both maximum and minimum prices are anticipated to gradually increase, with December forecasted to witness the highest maximum price of ₹3,653.60 and the highest minimum price of ₹2,810.46
Financial Condition of Tata Technologies: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 2,852 | 2,381 | 3,530 | 4,414 | 5,117 |
| Expenses + | 2,382 | 1,995 | 2,884 | 3,593 | 4,176 |
| Operating Profit | 470 | 386 | 646 | 821 | 941 |
| OPM % | 16% | 16% | 18% | 19% | 18% |
| Other Income + | 36 | 39 | 49 | 88 | 116 |
| Interest | 16 | 18 | 22 | 18 | 19 |
| Depreciation | 99 | 92 | 86 | 95 | 106 |
| Profit before tax | 392 | 315 | 587 | 796 | 932 |
| Tax % | 36% | 24% | 26% | 22% | 27.00% |
| Net Profit + | 252 | 239 | 437 | 624 | 679 |
| EPS in Rs | 15.38 | 16.75 | |||
| Dividend Payout % | 66% | 0% | 0% | 0% | 0% |
- Sales Growth: Tata Technologies has demonstrated consistent growth in sales over the past five years, with revenues increasing from ₹2,852 crores in March 2020 to ₹5,117 crores in March 2024, reflecting a steady upward trend.
- Expense Management: While sales grew, the company effectively managed its expenses relative to revenue growth. Expenses rose from ₹2,382 crores in March 2020 to ₹4,176 crores in March 2024, but this was proportional to the increase in sales, indicating prudent cost management strategies.
- Operating Profit: The company’s operating profit witnessed fluctuations over the years but generally remained robust. Operating profit increased from ₹470 crores in March 2020 to ₹941 crores in March 2024, showing the company’s ability to generate profits from its core operations.
- Other Income and Profitability: Tata Technologies supplemented its operating income with other sources of revenue, such as investments and non-core activities. Other income increased from ₹36 crores in March 2020 to ₹116 crores in March 2024, contributing to overall profitability. Net profit also showed an increasing trend, reaching ₹679 crores in March 2024, indicating effective management and operational resilience.
- Dividend Payout: The dividend payout percentage remained at 0% over the observed period, suggesting that the company retained its earnings for reinvestment or other purposes rather than distributing them to shareholders as dividends. This indicates a strategic approach to capital allocation and growth priorities.
Overall, Tata Technologies has exhibited strong financial performance, characterized by consistent sales growth, effective expense management, and profitability improvement, positioning it well for future growth and value creation.
FAQs
What is the current valuation of Tata Technologies in the stock market?
Tata Technologies is currently valued at ₹42,436 Crores in the stock market.
what is the present stock price of Tata Technologies?
The current stock price of Tata Technologies, as of May 6th, 2024, is ₹1,045.
What are the projected stock price levels for Tata Technologies in 2024?
Tata Technologies’ stock price is expected to fluctuate between a low of ₹916.99 in May and a high of ₹1,204.70 in December 2024.
What are the key financial highlights from Tata Technologies’ Q3 performance?
Tata Technologies’ Q4 performance reflects a net profit decline, sluggish revenue growth attributed to a major client’s project ramp-down, steady operational performance, and the anticipation of continued impact from the Vinfast account.
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In conclusion, Tata Technologies stands as a stalwart in the realm of engineering services and digital solutions, boasting a rich history of innovation and market leadership. Despite facing challenges in its Q4 performance, the company’s resilience, strategic focus, and strong financial fundamentals underscore its potential for continued growth and success. With a diverse portfolio, global presence, and unwavering commitment to excellence, Tata Technologies remains well-positioned to navigate the evolving landscape of the manufacturing sector and drive value for its stakeholders in the years ahead.
Disclaimer: The article ‘Tata Technologies Share Price Target 2024 to 2030′ is just an opinion and not financial advice. Please consult a financial advisor before investing in Tata Technologies
What did we learn?
- 1 About Tata Technologies
- 2 Tata Technologies Q4 Financial Highlights
- 3 How to Purchase Tata Technologies?
- 4 Tata Technologies Share Price Target 2024 To 2030
- 4.1 Tata Technologies Share Price Prediction 2024
- 4.2 Tata Technologies Share Price Target 2025
- 4.3 Tata Technologies Share Price Target 2026
- 4.4 Tata Technologies Share Price Target 2027
- 4.5 Tata Technologies Share Price Target 2028
- 4.6 Tata Technologies Share Price Target 2029
- 4.7 Tata Technologies Share Price Prediction 2030
- 5 Financial Condition of Tata Technologies: Last 5 Years
- 6 FAQs
- 7 Conclusion: Navigating Growth and Innovation in Engineering Services and Digital Solutions
