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.
Recent News on Tata Technologies Limited
Tata Technologies continues to demonstrate strong growth, supported by favorable industry conditions, despite a recent slowdown in electric vehicle (EV) sales. The company is optimistic about future demand and is actively investing in new and innovative solutions. Recently, the stock of Tata Technologies fell by 3.13% on a day when the overall market was recovering. Nonetheless, analysts believe there is significant potential for the stock to achieve gains shortly, given the company’s solid fundamentals and commitment to expansion.
| Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 55.39% | 55.39% | 55.39% |
| FIIs + | 2.02% | 1.10% | 1.63% |
| DIIs + | 2.50% | 1.51% | 1.78% |
| Public + | 40.09% | 42.01% | 41.20% |
| No. of Shareholders | 10,39,672 | 11,78,338 | 12,41,881 |
As of December 2023, the shareholding pattern of the company shows that promoters held a dominant 55.39% stake, a position that remained unchanged through March and June 2024, reflecting their consistent and significant control over the company. Foreign Institutional Investors (FIIs) initially held 2.02% of the shares in December 2023, but their shareholding decreased to 1.10% in March 2024, indicating a slight withdrawal of foreign investments. However, by June 2024, FIIs increased their stake again to 1.63%, suggesting renewed interest or strategic re-entry into the company’s stock.
Similarly, Domestic Institutional Investors (DIIs) held 2.50% of the shares in December 2023. This figure saw a decrease to 1.51% by March 2024, but slightly recovered to 1.78% in June 2024. The fluctuations in both FII and DII holdings suggest varying levels of confidence or strategic shifts in their investment approaches over the period.
On the other hand, public shareholding exhibited a noticeable upward trend, starting from 40.09% in December 2023, increasing to 42.01% by March 2024, and slightly reducing to 41.20% in June 2024. This trend indicates a growing interest and participation from retail or non-institutional investors, although there was a minor decline in the last quarter.
The number of shareholders also grew significantly, reflecting increasing public participation and interest in the company. It rose from 10,39,672 in December 2023 to 11,78,338 by March 2024 and further expanded to 12,41,881 in June 2024. This steady increase in the number of shareholders suggests a broadening investor base, which could be seen as a positive indicator of market confidence in the company’s future prospects.
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 |
| September 2024 | 1,102.35 | 958.57 |
| October 2024 | 1,091.44 | 949.08 |
| November 2024 | 1,135.10 | 987.04 |
| December 2024 | 1,146.45 | 996.91 |
In 2024, Tata Technologies Share is expected to show notable price movements. In September 2024, the share price might reach a maximum of ₹1,102.35 and a minimum of ₹958.57. By December, Tata Technologies Share could achieve a high of ₹1,146.45 and a low of ₹996.91.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,157.91 | 890.70 |
| February 2025 | 1,169.61 | 899.70 |
| March 2025 | 1,194.17 | 918.59 |
| April 2025 | 1,182.35 | 909.50 |
| May 2025 | 1,147.91 | 883.01 |
| June 2025 | 1,199.57 | 922.74 |
| July 2025 | 1,176.04 | 904.65 |
| August 2025 | 1,212.42 | 932.63 |
| September 2025 | 1,226.97 | 943.82 |
| October 2025 | 1,258.87 | 968.36 |
| November 2025 | 1,290.34 | 992.57 |
| December 2025 | 1,348.40 | 1,037.23 |
As we step into 2025, Tata Technologies Share is expected to see significant price fluctuations. In January, the share could reach a maximum of ₹1,157.91 and a minimum of ₹890.70. By December, Tata Technologies Share might climb to a high of ₹1,348.40 and a low of ₹1,037.23.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,388.86 | 1,068.35 |
| February 2026 | 1,354.14 | 1,041.64 |
| March 2026 | 1,381.22 | 1,062.48 |
| April 2026 | 1,409.41 | 1,084.16 |
| May 2026 | 1,395.45 | 1,073.42 |
| June 2026 | 1,430.34 | 1,100.26 |
| July 2026 | 1,402.29 | 1,078.69 |
| August 2026 | 1,445.66 | 1,112.05 |
| September 2026 | 1,474.57 | 1,134.29 |
| October 2026 | 1,512.91 | 1,163.78 |
| November 2026 | 1,550.74 | 1,192.87 |
| December 2026 | 1,589.51 | 1,222.70 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,605.40 | 1,234.92 |
| February 2027 | 1,646.56 | 1,266.59 |
| March 2027 | 1,710.78 | 1,315.98 |
| April 2027 | 1,677.24 | 1,290.18 |
| May 2027 | 1,628.38 | 1,252.60 |
| June 2027 | 1,701.66 | 1,308.97 |
| July 2027 | 1,668.30 | 1,283.30 |
| August 2027 | 1,719.89 | 1,322.99 |
| September 2027 | 1,780.09 | 1,369.30 |
| October 2027 | 1,826.37 | 1,404.90 |
| November 2027 | 1,872.03 | 1,440.02 |
| December 2027 | 1,918.83 | 1,476.02 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,957.21 | 1,505.54 |
| February 2028 | 2,007.39 | 1,544.15 |
| March 2028 | 2,085.68 | 1,604.37 |
| April 2028 | 2,044.78 | 1,572.91 |
| May 2028 | 1,985.23 | 1,527.10 |
| June 2028 | 2,074.56 | 1,595.82 |
| July 2028 | 2,033.89 | 1,564.53 |
| August 2028 | 2,096.79 | 1,612.91 |
| September 2028 | 2,170.18 | 1,669.37 |
| October 2028 | 2,226.60 | 1,712.77 |
| November 2028 | 2,282.27 | 1,755.59 |
| December 2028 | 2,339.32 | 1,799.48 |
| When | Maximum Price | Minimum Price |
| January 2029 | 2,386.11 | 1,835.47 |
| February 2029 | 2,447.29 | 1,882.53 |
| March 2029 | 2,542.74 | 1,955.95 |
| April 2029 | 2,492.88 | 1,917.60 |
| May 2029 | 2,420.27 | 1,861.75 |
| June 2029 | 2,529.18 | 1,945.53 |
| July 2029 | 2,479.59 | 1,907.38 |
| August 2029 | 2,556.28 | 1,966.37 |
| September 2029 | 2,645.75 | 2,035.19 |
| October 2029 | 2,714.54 | 2,088.11 |
| November 2029 | 2,782.40 | 2,140.31 |
| December 2029 | 2,851.96 | 2,193.82 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,909.00 | 2,237.69 |
| February 2030 | 2,983.59 | 2,295.07 |
| March 2030 | 3,099.95 | 2,384.58 |
| April 2030 | 3,039.17 | 2,337.82 |
| May 2030 | 2,950.65 | 2,269.73 |
| June 2030 | 3,083.43 | 2,371.87 |
| July 2030 | 3,022.97 | 2,325.36 |
| August 2030 | 3,116.46 | 2,397.28 |
| September 2030 | 3,225.54 | 2,481.18 |
| October 2030 | 3,309.40 | 2,545.69 |
| November 2030 | 3,392.14 | 2,609.34 |
| December 2030 | 3,476.94 | 2,674.57 |
In 2030, Tata Technologies Share is expected to exhibit substantial price variations. In January, the share might reach a maximum of ₹2,909.00 and a minimum of ₹2,237.69. By December, Tata Technologies Share could climb to a high of ₹3,476.94 and a low of ₹2,674.57.
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 ₹44,119 Crores in the stock market.
what is the present stock price of Tata Technologies?
The current stock price of Tata Technologies, as of September 12th, 2024, is ₹1,088.
What are the projected stock price levels for Tata Technologies in 2030?
Tata Technologies’ stock price is expected to fluctuate between a low of ₹2,237.69 in January and a high of ₹3,476.94 in December.
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Tata Technologies Limited’s financial performance over the past five years underscores its robust growth trajectory and operational excellence. The company has achieved significant revenue growth, from ₹2,852 crores in March 2020 to ₹5,117 crores in March 2024, while effectively managing expenses and maintaining strong profitability. The consistent increase in net profit and prudent financial management highlights its resilience and strategic focus. Looking ahead, Tata Technologies is well-positioned for continued success, with projected stock price growth indicating substantial potential value appreciation by December 2030. Overall, Tata Technologies stands out as a strong player with promising future prospects.
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 Recent News on Tata Technologies Limited
- 3 Shareholding Patterns of Tata Technologies Limited
- 4 How to Purchase Tata Technologies?
- 5 Tata Technologies Share Price Target 2024 To 2030
- 5.1 Tata Technologies Share Price Prediction 2024
- 5.2 Tata Technologies Share Price Target 2025
- 5.3 Tata Technologies Share Price Target 2026
- 5.4 Tata Technologies Share Price Target 2027
- 5.5 Tata Technologies Share Price Target 2028
- 5.6 Tata Technologies Share Price Target 2029
- 5.7 Tata Technologies Share Price Prediction 2030
- 6 Financial Condition of Tata Technologies: Last 5 Years
- 7 FAQs
- 8 Conclusion: Navigating Growth and Innovation in Engineering Services and Digital Solutions
