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Navin Choudhary SEBI RIA

19th May 2025 · SEBI-Registered Analyst

About Tata Technologies Ltd Part B

TATATECH
Delivery Model The company operates 20+ global delivery centers across Asia-Pacific, Europe, and North America. Its well-balanced delivery model combines onshore customer proximity for iterative product development with the scalability and cost efficiency of offshore resources.[9] Revenue Mix Onshore: 58% in Q2 FY25 vs 50% in FY22 Offshore: 42% in Q2 FY25 vs 50% in FY22 [10] [11] Tieups & Alliances The company has collaborated with Siemens Industry Software, Dassault Systems, PTC, and Autodesk to offer insights into emerging technology trends and enhance its service offerings.[12]In October 2024, the company announced a JV with the BMW Group to deliver automotive software and business IT innovations. It also partnered with Air India to revamp aircraft interiors. [13] [14] Clientele The company’s client portfolio includes Anchor Clients, leading traditional OEMs and tier 1 suppliers including Airbus, McLaren, Honda, Ford, and Cooper Standard, new energy vehicle companies including VinFast, Cabin Interiors and Engineering Solutions, ST Engineering Aerospace, etc. It derives almost 35% of its revenues from its two captive customers, Tata Motors and Jaguar Land Rover. [15] [16] Clientele Mix Above $50 Mn: 2 in Q2 FY25 vs 3 in FY22 Above $10 Mn: 6 in Q2 FY25 vs 9 in FY22 Above $5 Mn: 4 in Q2 FY25 vs 11 in FY22 Above $1 Mn: 30 in Q2 FY25 vs 31 in FY22 [17] [18] It has a positive customer feedback NPS score of 66, amongst the 10 percentile among technology services players. [6] Headcount The company’s total headcount has increased from 9,338 employees in FY22 to 12,680 in Q2 FY25, while the attrition rate has declined from 25% to 13%. [17] [19] Focus The management is confident that H2 FY25 will show stronger performance vs H1 FY25 supported by a healthy order book and pipeline.

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