TATATECHNSETata Technologies LimitedHighNeutral
Announced Mon, 4 May · 16:50 IST

Outcome of Board Meeting for approval of audited financial results for financial year ended March 31, 2026 and recommendation of final and special dividend

Exceptional ItemResults View source PDF

TATATECH · price

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AI summary

Tata Technologies Limited reported consolidated revenue of Rs. 5,505.57 crore for FY2026, up 6.5% from Rs. 5,168.45 crore in the previous year. Consolidated profit after tax stood at Rs. 546.59 crore versus Rs. 481.41 crore in FY2025, representing approximately 13.5% growth. The statutory auditors BSR&Co. LLP issued an unmodified opinion on both standalone and consolidated financial results. The Board recommended a final dividend of Rs. 8.35 per share plus a one-time special dividend of Rs. 3.35 per share, totaling Rs. 11.70 per share (approximately Rs. 475 crore cash outflow). During the year, the company completed 100% acquisition of Es-Tec GmbH, Germany for a total consideration of up to Rs. 683.87 crore, recognizing goodwill of Rs. 1,406.72 crore. An exceptional item of Rs. 107.73 crore was recorded due to the statutory impact of new Labour Codes.

Likely market impact

Positive for shareholders with 13.5% PAT growth and substantial dividend payout including a special dividend. Unmodified audit opinion indicates clean financials with no qualifications.