TATATECHNSETata Technologies LimitedMediumNeutral
Announced Fri, 8 May · 18:29 IST

Tata Technologies Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

TATATECH · price

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₹632.05
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₹628.85
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AI summary

Tata Technologies delivered a strong Q4 FY26 with 12.4% sequential revenue growth (12% in constant currency) to INR 1,572 crores, beating the 10% guidance. Services revenue grew 15% Q-o-Q to INR 1,220 crores. EBITDA margin improved to 16% from 14% in Q3, with EBITDA up 30.7% sequentially to INR 252 crores. The company won multiple large deals including a Full-Vehicle Program with a Japanese OEM (market entry), enterprise PLM transformation with a European luxury OEM, and strategic engagements with North American and European automotive clients. Aerospace revenue reached $40 million annualized run-rate, growing 8x in 4 years. Management guides for double-digit organic revenue growth in FY27 and expects to exit FY27 with operating margin exceeding 18%, driven by operating leverage, AI deployment, and mix improvement. Free cash flow generation was strong at INR 742 crores (87% EBITDA-to-FCF conversion), with net cash at INR 1,188 crores.

Likely market impact

Tata Technologies demonstrated a clear inflection point after a softer first half, with broad-based growth across sectors and geographies. The company is winning complex multi-year full vehicle programs and expanding its global OEM customer base, positioning it for sustained double-digit growth and margin expansion in FY27. The strong deal momentum and improving demand environment provide confidence in the outlook.