TATA TECHNOLOGIES LIMITED

Provides engineering research and development services to global automotive, aerospace and industrial machinery companies from delivery centers primarily in India and Europe. Two reporting segments drive revenue: Services, which contributed 77.3% of FY26 segment revenue at Rs 4,256.3 crore, covers outsourced engineering work across the product lifecycle — from concept design and digital manufacturing to full vehicle programs — for clients including Tata Motors, Jaguar Land Rover and the BMW TechWorks joint venture (which has crossed 2,000 engineers); and Technology Solutions, which contributed 22.7% at Rs 1,249.27 crore, covers proprietary digital, software-defined vehicle and AI-enabled tooling delivered under the chromosome.ai platform. The largest new business is a $100 million, five-year strategic engagement with Tenneco signed on June 30, 2026 and executed from the Pune Global Engineering Center, alongside ramp-up of a Japanese OEM full vehicle program and growth in Aerospace, which posted Q1 FY27 revenue of $10.2 million, up 38.1% year-on-year. As of Q1 FY27, headcount stood at 12,579 with trailing-twelve-month attrition of 16%. Employee costs are the dominant input at 49.7% of FY26 revenue, with other operating expenses at 34.8% and depreciation at 2.6%.