TATA Technologies Limited Unlisted Shares - COMPANY OVERVIEW
TATA Technologies Limited was incorporated on August 22, 1994, as a Private Limited Company in the name of Core Software Systems Private Limited. The name of the Company was subsequently changed to Tata Technologies (India) Limited. On February 8, 2001, the Company changed its name from Tata Technologies (India) Limited to Tata Technologies Limited.
The Tata Technologies share price has been on an uptrend in the past few weeks. The Company’s range of services includes IT Consultancy, SAP implementation, and maintenance, providing networking solutions, CAD/CAM engineering & design consultancy. Tata technologies' unlisted share price is much more profitable than other companies. Tata Technologies is a market leader in the outsourcing of engineering services and in providing product development IT services to the global manufacturing sector, helping aspiration manufacturing firms to create superior goods. The business is comprised of creative thinkers and experts in the field of design engineering, who use cutting-edge technology to give clients in the manufacturing industry a competitive advantage.
TATA TECHNOLOGIES INCORPORATION DETAILS
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CIN of TATA Technologies Limited |
U72200PN1994PLC013313 |
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Registration Date of TATA Technologies Limited |
22 August 1994 |
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Category/Sub-category of TATA Technologies Limited |
Limited by Shares/ Non-govt company |
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TATA Technologies Limited Registered office and contact details |
Tata Technologies Limited, Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune 411057, India |
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Name, Address, and Contact Details of Registrar and Transfer Agent, if any |
TSR Consultants Private Limited, C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli West, Mumbai 400083 Telephone: +91 22 66568484 |
TATA TECHNOLOGIES LIMITED PRINCIPAL BUSINESS ACTIVITIES
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Information Technology Services |
721 |
85.34% |
|
Trading in computer hardware/software |
721 |
14.66% |
TATA TECHNOLOGIES LIMITED BOARD OF DIRECTORS
Mr. Subramanian Ramadorai – Chairman
Mr. Warren Harris – CEO & Managing Director
Mr. Ajoyendra Mukherjee, Independent Director
Mr. Guenter Butschek
Ms. Nivruti Rai
Mr. Pathamadai Balachandran Balaji, Director
TATA TECHNOLOGIES LIMITED PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
|
S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate |
% of Shares held |
|
1. |
Tata Motors Limited |
Holding |
72.48 |
|
2. |
Tata Technologies Pte. Ltd. |
Subsidiary |
100 |
|
3. |
Tata Technologies (Thailand) Ltd |
Subsidiary |
100 |
|
4. |
Tata Technologies Europe Ltd |
Subsidiary |
100 |
|
5. |
Tata Technologies Nordics AB |
Subsidiary |
100 |
|
6. |
INCAT International Plc. |
Subsidiary |
100 |
|
7. |
INCAT GmbH |
Subsidiary |
100 |
|
8. |
Tata Technologies Inc. |
Subsidiary |
99.80 |
|
9. |
Tata Technologies de Mexico SA de SV |
Subsidiary |
99.80 |
|
10. |
Cambric Limited |
Subsidiary |
99.80 |
|
11. |
Tata Technologies SRL, Romania |
Subsidiary |
99.80 |
|
12. |
Tata Manufacturing Technologies (Shanghai) Co., Ltd. |
Subsidiary |
100 |
|
13. |
Tata HAL Technologies Limited |
Associate |
50 |
TATA TECHNOLOGIES LTD SHAREHOLDING PATTERN (As of 31-03-2022)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
3,03,00,600 |
72.48 |
|
2. |
Public Shareholding |
1,15,06,375 |
27.52 |
|
|
Total |
4,18,06,975 |
100.00% |
INDUSTRY OUTLOOK
The IT services market is expected to register a CAGR of about 10.36% during the forecast period, 2022–2027. Globally, the increased IT spending, coupled with the widespread adoption of software-as-a-service and increased cloud-based offerings, indicates the demand for IT services in the industry. With an improved IT infrastructure, threats related to data (data breaches) are also on the rise. This demands advanced security solutions over traditional ones. With this trend gaining traction in the market, companies have started to invest their resources in enhancing their advanced security offerings.
Data-driven analysis, supported by technology, is driving strategic decisions globally. Moreover, the amount of data generated worldwide is increasing tremendously. According to Seagate Technology PLC, the volume of data created globally is expected to increase to 47 zettabytes and 163 zettabytes in 2020 and 2025, respectively, from 12 zettabytes in 2015. To optimally utilize these data reserves, IT service providers must develop smart IT services and platforms to analyze the data for extraction and analysis.
With the growth of IIoT across the Industry 4.0 platform, IT services are gaining traction within the hybrid IT-managed environment. The usage of AI technology is also extending its application across the areas of the manufacturing and design sectors, thereby fueling market demand during the forecast period.
With the onset of COVID-19, the vulnerability of supply chains has been exposed. For most IT organizations, fragile ecosystems include providers of critical IT services. Work-from-home mandates have led the service providers to ensure that mission-critical enterprise customers have the necessary tools and technologies to enable the speed, security, quality, and overall efficacy of the services provided.
TATA TECHNOLOGIES BALANCE SHEET (In Rs. Crore)
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PARTICULARS |
31st March 2022 |
31st March 2021 |
31st March 2020 |
|
ASSETS |
|||
|
NON-CURRENT ASSETS |
|||
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Property, Plant & Equipment |
114.53 |
87.24 |
105.09 |
|
Capital Work in Progress |
0.26 |
0.04 |
0.09 |
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Goodwill |
729.30 |
725.90 |
699.94 |
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TOTAL NON-CURRENT ASSETS |
1237.82 |
1185.24 |
1223.61 |
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CURRENT ASSETS |
|||
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Trade receivables |
647.29 |
453.44 |
625.07 |
|
Cash and cash equivalent |
768.26 |
781.33 |
376.08 |
|
Other Financial assets |
32.78 |
26.79 |
140.03 |
|
Other current assets |
725.19 |
201.38 |
109.69 |
|
TOTAL CURRENT ASSETS |
2980.20 |
2387.50 |
1349.38 |
|
TOTAL ASSETS |
4218.02 |
3572.74 |
2572.99 |
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EQUITY AND LIABILITIES |
|||
|
EQUITY |
|||
|
Equity Share Capital |
41.81 |
41.81 |
41.81 |
|
Other Equity |
2238.34 |
2100.36 |
1810.80 |
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TOTAL EQUITY |
2280.15 |
2142.17 |
1852.61 |
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LIABILITIES |
|||
|
NON-CURRENT LIABILITIES |
|||
|
Provisions |
18.65 |
15.20 |
22.49 |
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Financial Liabilities |
223.51 |
233.21 |
229.98 |
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TOTAL NON-CURRENT LIABILITIES |
242.16 |
248.41 |
267.71 |
|
CURRENT LIABILITIES |
|||
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Trade Payables |
336.63 |
223.66 |
243.13 |
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Other Financial Liabilities |
255.86 |
3.06 |
40.06 |
|
Provisions |
30.69 |
11.91 |
16.63 |
|
Other Current Liabilities |
1012.65 |
907.22 |
108.54 |
|
TOTAL CURRENT LIABILITIES |
1695.71 |
1182.16 |
452.67 |
|
TOTAL LIABILITIES |
1937.87 |
1430.57 |
720.38 |
|
TOTAL EQUITY AND LIABILITIES |
4218.02 |
3572.74 |
2572.99 |
TATA TECHNOLOGIES LIMITED PROFIT & LOSS STATEMENT (In Rs. Crore)
|
PARTICULARS |
2022 |
2021 |
2020 |
|
Revenue from Operations |
3,529.57 |
2,380.91 |
2,852.05 |
|
EBITDA |
703.25 |
436.83 |
510.40 |
|
EBITDA margins |
19.92% |
18.34% |
17.89% |
|
Finance Cost |
21.90 |
17.66 |
15.63 |
|
Depreciation |
85.71 |
92.20 |
99.15 |
|
Other Income |
48.80 |
44.83 |
44.89 |
|
Profit/Loss before Exceptional items and Tax |
586.83 |
320.68 |
400.55 |
|
Exceptional items |
- |
5.41 |
8.58 |
|
Total Tax |
149.86 |
76.09 |
140.42 |
|
Profit After Tax (PAT) |
436.97 |
239.18 |
251.55 |
|
PAT Margin |
12.38% |
10.04% |
8.81% |
|
EPS (Basic & Diluted) |
104.52 |
57.21 |
59.77 |
TATA TECHNOLOGIES LIMITED DIVIDEND HISTORY
|
Particulars |
2022 |
2021 |
2020 |
|
Dividend (final + interim) (In Rs.) |
- |
- |
- |
|
Retained Earnings (In Rs. Crore) |
1916.66 |
1489.19 |
1247.51 |
TATA TECHNOLOGIES LIMITED RECENT FINANCIAL PERFORMANCE
Strong fundamentals and a promising future are boosting the Share Prices of Tata Technologies.
Revenue from Operations of the company increased by 48.24% from Rs. 2380.91 Crore in FY 2021 to Rs. 3529.57 Crore in FY 2022.
EBITDA of the company increased by 60.98% from Rs. 436.83 Crore in FY 2021 to Rs. 703.25 Crore in FY 2022.
The finance cost of the company increased by 24% from Rs. 17.66 Crore to Rs. 21.90 Crore.
Profit after Tax of the company increased by 82.69% from Rs. 239.18 Crore in FY 2021 to Rs. 436.97 Crore in FY 2022.
The Current Ratio of the company as of 31st March 2022 was 1.75.
The book value of the company as of 31st March 2022 was Rs. 545.39.
FAQs ON TATA TECHNOLOGIES LIMITED
Q.1 Who owns Tata Technologies?
A.1 Tata Motors and Tata Group
Q.2 Is Tata Technologies a part of TCS?
A.2 No, Tata Tech is like a sister company of Tata Motors whereas TCS is an IT giant. Tata Technologies Ltd is a Different company from TCS.
Q.3 How can I buy Tata Technologies Share?
A.3 One can online buy TATA tech Unlisted shares, through our website, or investors can call us and confirm the deal, with our Relationship Manager at 9669999444, 7999252591, 0731-4025544.
Q.4 What is Tata Technologies Stock price today?
A.4 Tata Technologies share prices use to change every day like other Listed companies' share prices. To know the latest stock price of Tata technologies Contact us
Q.5 When will Tata Tech launch its IPO?
A.5 The Tata Tech IPO has not yet been given a date, but it is receiving a lot of attention and hype because it is anticipated to be one of the most well-liked in recent years. According to sources, the company will raise approximately Rs 3500–4000 Crore, giving it a valuation of Rs 16,200–20,000 Crore.
Q.6 What will Tata Technologies' IPO stock price be?
A.6 The IPO Price of TATA Tech is not revealed yet, we will update you as soon as the price will be disclosed.
