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TATATECH
Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.
Business Segments
1) Services (78% in H1 FY25 vs 75% in FY22): [1] [2] The company provides outsourced engineering services and digital transformation services to global manufacturing clients, to develop better products
fined vehicles (SDV). In FY24, it completed the development of the 2 EVs for a SEA-based automotive OEM and its activities are now transitioning to launch support. The segment revenue grew by 50% between FY22 and FY24, driven by new business wins with its anchor and non-anchor accounts. [3] [4]
2) Technology Solutions (22% in H1 FY25 vs 25% in FY22): The company resells third-party software applications, primarily product lifecycle management (PLM) software and solutions, and provides value-added services including consulting, implementation, systems integration, and support. Additionally, it offers Phygital education solutions including upskilling and reskilling with the latest engineering and manufacturing technologies, to the public sector, private institutions, and enterprises through curriculum development and competency center offerings through its proprietary i GET IT platform. Between FY22 and FY24, segment revenue grew by 29%, primarily driven by continued deliveries to the state governments of Bihar, Assam, UP, etc. [3] [5]
Market Leadership
The company is ranked 1st among all India-based ER&D service providers by Zinnov Zones and is among the top 2 globally in engineering services providers in electrification. [6]
Geographical Split
India: 36% in FY24 vs 32% in FY22
UK: 24% in FY24 vs 20% in FY22
North America: 20% in FY24 vs 22% in FY22
RoW: 20% in FY24 vs 26% in FY22 [7] [8]#WatchOutFor#StockInNews#PersonalFinance#EquityResearch#MacroViews
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