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Earnings Call

Tata Technologies Earnings Call: Key Takeaways

Tata Technologies delivered resilient Q3 FY26 results with 3.2% sequential revenue growth despite a cyber-disruption at a major client, now resolved.

Why this was an Alfa AlertNot a filter event. Results met or slightly exceeded expectations, but did not meet the 5% material beat on own guidance.
Highlights
Revenue growth3.2% sequential growth in INR; Services business up 4.7%.
MarginsEBITDA margin at 14.1%; impacted by wage hikes and disruption.
Order bookSix large deals closed; expanding strategic relevance with global OEMs.
Demand visibilityImproving demand visibility in Aerospace and normalized automotive decision cycles.
Management confidenceHigh; projecting a strong Q4 rebound and FY27 acceleration.

Growth

Services grew 4.7% sequentially; Aerospace revenue doubled YoY for four years, becoming a structural growth pillar.

Outlook

Management guided for >10% sequential growth in Q4 and double-digit growth for FY27.

Risks

High customer concentration remains a vulnerability despite recent diversification efforts into non-captive accounts.

Source

Earnings Call filed with BSE, NSE: TATATECH. Summary written with AI assistance from the document.

Read the document ↗

Tata Technologies Ltd: key numbers

Share price
₹703.05
Market cap
₹28,547 Cr
Revenue (annual)
₹5,506 Cr
Net profit (annual)
₹546.6 Cr
P/E (TTM)
51.2×Sector 22.1×
Promoter holding
55.17%-0.01% QoQ
FII holding
6.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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