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Fundamentals for Tata Technologies Limited
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Fundamentals for Tata Technologies Limited
Business Operations:
Sector: TechnologyIndustry: Information Technology Services
Tata Technologies Limited operates as a product engineering and digital services company in the North America, Europe, and Asia Pacific. The company operates through Service and Technology Solutions segments. It also offers turnkey vehicle, embedded and product benchmarking solutions, connected cars, HIL testing and validation, software vehicle related solutions. In addition, the company provides process engineering, process simulation and validation, tooling, and automation; robotics, ergonomics, and plant simulation, factory design, and validation services, as well as offer after sales services. Tata Technologies Limited was formerly known as Tata Technologies (India) Limited and changed its name to Tata Technologies Limited in February 2001. The company was incorporated in 1994 and is headquartered in Pune, India. Tata Technologies Limited operates as a subsidiary of Tata Motors Limited.
Revenue projections:
Tata Technologies Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 1.53200 |
|---|---|
| forwardPE | 31.52599 |
| debtToEquity | 23.90800 |
| earningsGrowth | 0.08200 |
| revenueGrowth | 0.22300 |
| grossMargins | 0.24989 |
| operatingMargins | 0.13065 |
| trailingEps | 13.49000 |
| forwardEps | 22.83037 |
The current ratio for TATATECH is 1.532, indicating that the company can service its short-term debt using available cash and assets. This suggests TATATECH has strong liquidity, with more than enough resources to meet its immediate financial commitments.
TATATECH's low Debt-to-Equity ratio indicates that the company isn't heavily dependent on debt financing. This lower leverage reduces financial risk and enhances stability, showing that TATATECH is well-positioned to manage its obligations without the burden of excessive debt.
TATATECH's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for TATATECH's financial growth.
Price projections:
The price of TATATECH has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Recommendation changes over time:
Analysts have recently developed a sell bias for TATATECH, suggesting caution when making investment decisions. Investors are advised to rely on a broad range of market indicators rather than solely on this bias to ensure a more comprehensive understanding of the stock's potential before taking action.
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