Company Information
Tata
Technologies Limited Unlisted Shares
Board
of Directors:
Chairman |
: Subramanian Ramadorai |
Managing Director/ CEO |
: Mr. Warren Harris |
Company Secretary |
: Mr. Vikrant Gandhe |
Background:
TATA Technologies Limited ("TTL or the Company ") was incorporated on August 22, 1994 as a Private Limited Company in the name of Core Software Systems Private Limited. It is a global engineering and product development IT services company that is focused on fulfilling its mission of helping the world drive, fly, build and farm by enabling manufacturing companies across the automotive, aerospace and industrial heavy machinery verticals realize better products and drive efficiencies in their businesses.
There
are two components to their value proposition – managing and delivering
outsourced engineering services and products for manufacturing clients and
helping them identify and deploy technologies that are used to conceptualize,
design, validate, build, test, benchmark and realize better products. Tata
Technologies has been positioned as an industry leader in the automotive
vertical by Zinnov in its 2018 ER&D Services Ratings report. The report
also placed Tata Technologies in the "Leadership Zone" in aerospace and
construction & heavy machinery verticals and an "Expansive and Established"
player for its overall ER&D services capabilities.
The
service offerings are delivered through three lines of business:
1) Engineering, Research & Development
(ER&D Services)
2) Product Lifecycle Management (PLM) services and products
3) Connected Enterprises (CEIT) services
Company
Highlights:
a) Tata Technologies recently offered to set up EV production center in Punjab with a current investment of INR 250 Crore and future investment of INR 1600 Crore.
b) Company has also collaborated with the Assam government to transform 34 state polytechnics and 43 Industrial Training Institutes (ITIs) into futuristic Centres of Excellence (CoEs).
c) The total proposed investment under this project would be approximately INR 2,390 Crore.
d) During the year, the company collaborated with an American EV startup to support their 'high-mix', 'high volume' demand.
e) Tata Technologies & Airbus signed a long term MSA for Engineering, Manufacturing Engineering and Customer Services contract.
f) Services order book expanded to Rs. 1625 Crore as of March 2022, an increase of 29% over the services order book as on 31 March 2021.
g) Company ended the year
with the strongest ever YoY sales revenue growth of 47%.
Registered
Office:
Plot No. 25, Rajiv Gandhi Infotech Park,
Hinjawadi, Pune - 411057
INCORPORATION YEAR |
: 1994 |
WEBSITE |
: www.tatatechnologies.com |
|
: investor@tatatechnologies.com |
CIN NO |
: U72200PN1994PLC013313 |
ISIN NO. |
: INE142M01017 |
SECTOR |
: IT Software |
FACE VALUE |
: 2 |
PROMOTER HOLDING |
: 72.48% |
Consolidated Financial Information for Last 3 Years (Rupees In Crore)
Particulars |
2022 |
2021 |
2020 |
Equity Capital |
41.81 |
41.81 |
41.81 |
Reserve & Surplus |
2238.34 |
2100.36 |
1810.80 |
Net worth |
2280.15 |
2142.17 |
1852.61 |
Book Value Per share Rs. |
545.36 |
512.36 |
443.10 |
Total Income |
3578.37 |
2425.74 |
2896.94 |
Profit* |
436.97 |
232.17 |
251.55 |
EPS Rs. |
104.51 |
55.53 |
60.17 |
Note: Profit includes Exceptional Items.
Face value is Rs 10.00 till January 2023.