Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,269 | 1,289 | 1,301 | 1,269 | 1,296 | 1,317 | 1,286 | 1,244 | 1,323 | 1,366 | 1,572 | 1,665 |
| Expenses | 1,055 | 1,053 | 1,061 | 1,038 | 1,061 | 1,083 | 1,052 | 1,044 | 1,116 | 1,173 | 1,320 | 1,397 |
| Operating Profit | 214 | 237 | 240 | 231 | 236 | 234 | 233 | 200 | 208 | 193 | 252 | 267 |
| OPM % | 17% | 18% | 18% | 18% | 18% | 18% | 18% | 16% | 16% | 14% | 16% | 16% |
| Other Income | 30 | 31 | 24 | 23 | 16 | 28 | 61 | 68 | 54 | -125 | 94 | 46 |
| Interest | 5 | 5 | 4 | 5 | 5 | 6 | 5 | 5 | 5 | 9 | 16 | 15 |
| Depreciation | 26 | 27 | 29 | 30 | 30 | 30 | 31 | 31 | 31 | 36 | 47 | 47 |
| Profit before tax | 213 | 235 | 231 | 220 | 217 | 226 | 258 | 233 | 226 | 23 | 283 | 252 |
| Tax % | 25% | 28% | 32% | 26% | 28% | 25% | 27% | 27% | 27% | 71% | 28% | 28% |
| Net Profit | 160 | 170 | 157 | 162 | 157 | 169 | 189 | 170 | 166 | 7 | 204 | 181 |
| EPS in Rs | 3.95 | 4.20 | 3.88 | 3.99 | 3.88 | 4.16 | 4.66 | 4.20 | 4.08 | 0.16 | 5.03 | 4.45 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,942 | 2,852 | 2,381 | 3,530 | 4,414 | 5,117 | 5,168 | 5,506 | 5,926 |
| Expenses | 2,437 | 2,382 | 1,995 | 2,884 | 3,593 | 4,176 | 4,234 | 4,653 | 5,006 |
| Operating Profit | 505 | 470 | 386 | 646 | 821 | 941 | 934 | 853 | 920 |
| OPM % | 17% | 16% | 16% | 18% | 19% | 18% | 18% | 15% | 16% |
| Other Income | 36 | 36 | 39 | 49 | 88 | 116 | 128 | 91 | 69 |
| Interest | 1 | 16 | 18 | 22 | 18 | 19 | 20 | 34 | 45 |
| Depreciation | 69 | 99 | 92 | 86 | 95 | 106 | 121 | 145 | 160 |
| Profit before tax | 471 | 392 | 315 | 587 | 796 | 932 | 921 | 765 | 784 |
| Tax % | 25% | 36% | 24% | 26% | 22% | 27% | 27% | 29% | |
| Net Profit | 353 | 252 | 239 | 437 | 624 | 679 | 677 | 547 | 557 |
| EPS in Rs | 15.38 | 16.75 | 16.69 | 13.46 | 13.72 | ||||
| Dividend Payout % | 18% | 66% | 0% | 0% | 0% | 60% | 70% | 87% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 18% | 8% | 15% | ||
| Compounded Profit Growth | % | 21% | -1% | -5% | ||
| Stock Price CAGR | % | % | % | 3% | ||
| Return on Equity | % | 20% | 19% | 16% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 42 | 42 | 42 | 42 | 81 | 81 | 81 | 81 |
| Reserves | 1,715 | 1,811 | 2,100 | 2,238 | 2,908 | 3,140 | 3,498 | 3,842 |
| Borrowings | 0 | 258 | 266 | 261 | 255 | 257 | 237 | 938 |
| Other Liabilities | 512 | 462 | 1,164 | 1,676 | 1,957 | 2,100 | 2,848 | 3,999 |
| Total Liabilities | 2,269 | 2,573 | 3,573 | 4,218 | 5,201 | 5,578 | 6,664 | 8,860 |
| Fixed Assets | 819 | 1,119 | 1,090 | 1,068 | 1,095 | 1,151 | 1,130 | 2,055 |
| CWIP | 25 | 0 | 0 | 0 | 3 | 0 | 0 | 15 |
| Investments | 39 | 36 | 497 | 528 | 30 | 150 | 616 | 823 |
| Other Assets | 1,386 | 1,417 | 1,986 | 2,622 | 4,074 | 4,277 | 4,918 | 5,966 |
| Total Assets | 2,269 | 2,573 | 3,573 | 4,218 | 5,201 | 5,578 | 6,664 | 8,860 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 369 | 267 | 1,113 | -39 | 401 | 294 | 699 | 776 |
| Cash from Investing Activity | -19 | -3 | -664 | 70 | -440 | 400 | -65 | -776 |
| Cash from Financing Activity | -221 | -261 | -44 | -44 | -347 | -557 | -486 | 16 |
| Net Cash Flow | 129 | 4 | 405 | -13 | -385 | 137 | 148 | 15 |
| Free Cash Flow | 320 | 214 | 1,099 | -102 | 336 | 204 | 669 | 743 |
| CFO/OP | 108% | 85% | 317% | 14% | 78% | 63% | 108% | 112% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71 | 93 | 91 | 79 | 91 | 82 | 71 | 79 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | 312 | |||||||
| Cash Conversion Cycle | -241 | 93 | 91 | 79 | 91 | 82 | 71 | 79 |
| Working Capital Days | 55 | 61 | -12 | -12 | 66 | 56 | 34 | 33 |
| ROCE % | 22% | 15% | 25% | 28% | 28% | 26% | 21% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 55.39% | 55.39% | 55.39% | 55.22% | 55.22% | 55.22% | 55.22% | 55.22% | 55.21% | 55.18% | 55.17% |
| FIIs | 2.02% | 1.10% | 1.63% | 3.62% | 3.10% | 3.10% | 4.87% | 5.25% | 5.51% | 5.77% | 6.30% |
| DIIs | 2.50% | 1.51% | 1.78% | 3.44% | 3.06% | 2.48% | 3.31% | 2.88% | 2.92% | 3.44% | 4.48% |
| Public | 40.09% | 42.01% | 41.20% | 37.72% | 38.61% | 39.20% | 36.58% | 36.65% | 36.34% | 35.58% | 34.04% |
| No. of Shareholders | 10,39,672 | 11,78,338 | 12,41,881 | 12,79,750 | 13,50,826 | 13,74,613 | 14,11,035 | 13,90,010 | 13,45,082 | 12,99,834 | 12,39,124 |
Fundamentals
Market Cap₹ 27,886 Cr.
Current Price₹ 687
Stock P/E42.8
Book Value₹ 96.6
ROCE20.9 %
ROE16.3 %
Dividend Yield1.22 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)-5%
Consolidated figures.
Valuation
Market capRs 28,348 Cr
Enterprise valueRs 27,692 Cr
P/E (TTM)50.89x
Price to book8.80x
Price to sales4.78x
EV / EBITDA28.00x
EV / EBIT33.41x
EV / sales4.67x
Price to cash flow96.31x
Earnings yield1.97%
Dividend yield1.44%
P/E, 3-year average60.94x
P/B, 3-year average12.85x
P/E, 5-year average60.94x
P/B, 5-year average12.85x
Profitability
Operating margin (excl. other income)18.39%
Operating margin (incl. other income)20.65%
EBITDA margin16.69%
Pre-tax margin13.23%
Net profit margin9.40%
Net margin, latest quarter10.86%
ROE21.88%
ROCE28.29%
ROA12.60%
ROE, 3-year average21.78%
ROCE, 3-year average27.01%
ROA, 3-year average12.36%
ROE, 5-year average18.25%
ROCE, 5-year average23.37%
ROA, 5-year average11.05%
ROIC (approx.)23.55%
Tax rate27.11%
Other income / net worth3.59%
Growth
Sales growth (latest year)15.93%
Profit growth (latest year)8.87%
Sales CAGR, 3 years29.05%
Sales CAGR, 5 years11.70%
Profit CAGR, 3 years41.62%
Profit CAGR, 5 years14.02%
Sales growth QoQ5.88%
Profit growth QoQ-11.47%
Sales growth YoY (latest quarter)33.78%
Profit growth YoY (latest quarter)6.15%
Per share
EPS (TTM)Rs 13.73
EPS (latest year)Rs 16.75
EPS (latest quarter)Rs 4.46
EPS, 3-year averageRs 45.55
EPS, 5-year averageRs 50.81
Book value per shareRs 79.40
Sales per shareRs 146.08
Cash flow per shareRs 7.26
Free cash flow per shareRs 18.32
Dividend per share (latest year)Rs 10.05
Dividend per share, 3-year averageRs 10.05
Dividend per share, 5-year averageRs 25.02
Dividends
Dividend payout60.01%
Dividend payout, 3-year average60.01%
Dividend payout, 5-year average63.24%
Efficiency
Asset turnover0.92x
Fixed asset turnover4.45x
Debtor days82 days
Debtors turnover4.46x
Creditor days312 days
Cash conversion cycle79 days
Working capital days33 days
Leverage
Total debtRs 257 Cr
Cash and bankRs 913 Cr
Net debtRs -656 Cr
Debt to equity0.08x
Net debt / EBITDA-0.66x
Interest coverage18.43x
Current ratio (filing 2026-03-31)1.53x
Quick ratio (filing 2026-03-31)1.53x
Trade payables (filing 2026-03-31)Rs 581 Cr
Owners' fund to total sources57.74%
Debt to assets4.61%
Cash flow
Cash from Operating Activity (latest year)Rs 294 Cr
Cash from Investing Activity (latest year)Rs 400 Cr
Cash from Financing Activity (latest year)Rs -557 Cr
Net Cash Flow (latest year)Rs 137 Cr
Free cash flow (latest year)Rs 743 Cr
FCFE (approx.: FCF + change in debt)Rs 745 Cr
Cash from ops / profit, 5 years0.72x
Sales to cash flow17.39x
Statement figures
Net sales (TTM)Rs 5,926 Cr
Net sales (latest year)Rs 5,117 Cr
Sales (latest quarter)Rs 1,665 Cr
Operating profit excl. other income (latest year)Rs 941 Cr
Operating profit (latest quarter)Rs 267 Cr
Other income (TTM)Rs 69 Cr
EBITDA (TTM)Rs 989 Cr
PBDT (TTM)Rs 944 Cr
Profit before tax (TTM)Rs 784 Cr
Tax (latest year)Rs 253 Cr
Net profit (TTM)Rs 557 Cr
Net profit (latest year)Rs 679 Cr
Net profit (latest quarter)Rs 181 Cr
Depreciation (TTM)Rs 160 Cr
Depreciation (latest quarter)Rs 47 Cr
Interest (TTM)Rs 45 Cr
Cost of goods sold (latest year)Rs 1,610 Cr
Total expenditure (latest year)Rs 4,176 Cr
Total income (latest year)Rs 5,233 Cr
Share capitalRs 81 Cr
ReservesRs 3,140 Cr
Shareholders' fundsRs 3,221 Cr
Total assetsRs 5,578 Cr
Net blockRs 1,151 Cr
InvestmentsRs 150 Cr
ReceivablesRs 1,148 Cr
Other liabilitiesRs 2,100 Cr
Shares outstanding (crore)40.57
Ownership
Promoter holding55.17% (-0.05 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 50.9 is at the 44th percentile of its own 3.0-year range
(median 51.5, low 37.6, high 222.7).
P/B 8.80 is at the 17th percentile (median 11.70).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TATATECH | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.6% | -2.8% | +0.1 pts |
| 1 month | -14.3% | -6.8% | -7.5 pts |
| 3 months | -2.3% | -7.6% | +5.3 pts |
| 6 months | +37.2% | +0.4% | +36.8 pts |
| 1 year | +2.7% | -9.9% | +12.7 pts |
| 2 years | -36.9% | -13.6% | -23.3 pts |
48 mutual fund schemes hold about ₹843 Cr.
Over three months 47 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Kotak Multi Cap Fund | 1.23% | 360 | +14% |
| Kotak Multi Asset Allocation Fund | 1.09% | 166 | +55% |
| Bank of India Small Cap Fund | 1.46% | 48 | +457% |
| Bank of India Flexi Cap Fund | 1.60% | 47 | +100% |
| Kotak MNC Fund | 1.44% | 33 | +100% |
| NJ Flexi Cap Fund | 1.12% | 30 | +21% |
| NJ Balanced Advantage Fund | 0.74% | 25 | +17% |
| Nippon India Nifty Smallcap 250 Index Fund | 0.65% | 23 | +20% |
| ICICI Pru Technology Fund | 0.14% | 19 | +14% |
| Axis Nifty Smallcap 50 Index Fund | 1.73% | 13 | +15% |
| SBI Nifty Smallcap 250 Index Fund | 0.65% | 12 | +20% |
| Bandhan Business Cycle Fund | 0.82% | 9 | +30% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 0.65% | 8 | +20% |
| Aditya Birla SL Nifty Smallcap 50 Index Fund | 1.73% | 6 | +15% |
| Kotak Services Fund | 0.71% | 5 | +23% |
| Bank of India Multi Asset Allocation Fund | 1.38% | 5 | +100% |
| ICICI Pru Nifty Smallcap 250 Index Fund | 0.65% | 5 | +20% |
| HDFC NIFTY Smallcap 250 Index Fund | 0.65% | 5 | +20% |
| Kotak Nifty Smallcap 50 Index Fund | 1.74% | 4 | +15% |
| JioBlackRock Nifty Smallcap 250 Index Fund | 0.65% | 3 | +20% |
| Motilal Oswal Nifty 500 Index Fund | 0.07% | 2 | +21% |
| The Wealth Company Large & Mid Cap Fund | 1.98% | 2 | +100% |
| Edelweiss Nifty Smallcap 250 Index Fund | 0.65% | 2 | +20% |
| Motilal Oswal Nifty MidSmall IT and Telecom Index Fund | 3.27% | 2 | +9% |
| HDFC Nifty India Digital Index Fund | 0.76% | 1 | +7% |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was 38% of net profit over the last 3 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2024-03-05 | Patrick Raymon Mcgoldrick | Other | sell | 47,000 | Rs 5.08 Cr | Market Sale |
| 2024-03-04 | Patrick Raymon Mcgoldrick | Other | sell | 30,000 | Rs 3.23 Cr | Market Sale |
| 2024-03-02 | Patrick Raymon Mcgoldrick | Other | sell | 3,000 | Rs 0.33 Cr | Market Sale |
| 2024-03-01 | Patrick Raymon Mcgoldrick | Other | sell | 1,400 | Rs 0.15 Cr | Market Sale |
| 2024-02-29 | Patrick Raymon Mcgoldrick | Other | sell | 164,000 | Rs 17.57 Cr | Market Sale |
| 2024-02-28 | Patrick Raymon Mcgoldrick | Other | sell | 36,100 | Rs 3.78 Cr | Market Sale |
| 2024-02-27 | Patrick Raymon Mcgoldrick | Other | sell | 18,500 | Rs 2.03 Cr | Market Sale |
| 2024-02-01 | Patrick Raymon Mcgoldrick | Other | sell | 86,053 | Rs 9.43 Cr | Market Sale |
| 2024-01-30 | Patrick Raymon Mcgoldrick | Other | sell | 13,947 | Rs 1.59 Cr | Market Sale |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Sales ₹1,665 Cr +33.8% vs Jun 2025.
Net profit ₹181 Cr +6.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| L&T Technology Services Ltd | 32,692 | 24.3 | 26.7 % |
| Inventurus Knowledge Solutions Ltd | 30,546 | 40.0 | 31.5 % |
| Netweb Technologies India Ltd | 27,423 | 105 | 37.5 % |
| Affle 3i Ltd | 21,151 | 44.3 | 16.8 % |
| Sagility Ltd | 19,914 | 19.4 | 13.4 % |
| ESDS Software Solution Ltd | 18,624 | 151 | 30.2 % |
| Black Box Ltd | 14,435 | 50.5 | 21.6 % |
| E2E Networks Ltd | 13,399 | 430 | -0.51 % |
| Amagi Media Labs Ltd | 12,412 | 122 | 8.02 % |
| Cyient Ltd | 11,730 | 28.8 | 12.3 % |
| eMudhra Ltd | 5,189 | 45.1 | 15.7 % |
| Datamatics Global Services Ltd | 4,855 | 19.1 | 20.4 % |
| R Systems International Ltd | 3,509 | 16.7 | 19.5 % |
| BLS E-Services Ltd | 2,922 | 50.3 | 16.4 % |
| Protean eGov Technologies Ltd | 2,720 | 31.6 | 12.7 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-06-18 | Dividend - Rs 8.35 Per Share & Special Dividend - Rs 3.35 Per Share | |
| 2025-06-16 | Dividend - Rs 8.35 Per Share & Special Dividend - Rs 3.35 Per Share | |
| 2024-06-13 | Dividend - Rs 8.40 Per Share & Special Dividend Rs 1.65 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)