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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.#StockInNews#WatchOutFor#EquityResearch#PersonalFinance#MacroViews
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