Integrated Filing — IndAS



General information about company

Scrip Code 544028
NSE Symbol TATATECH
MSEI Symbol NOTLISTED
ISIN INE142M01025
Name of company TATA TECHNOLOGIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 04-05-2026   12:15:00
End date and time of board meeting 04-05-2026   16:31:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,57,222.00 5,50,557.00
Other income 3,096.00 17,455.00
Total income 1,60,318.00 5,68,012.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 76,267.00 2,73,742.00
(e) Finance costs 1,581.00 3,412.00
(f) Depreciation, depletion and amortisation expense 4,673.00 14,495.00
(f) Other Expenses
1 Purchases of technology solutions 27,036.00 96,719.00
2 Outsourcing and consultancy charges 13,733.00 42,519.00
3 Other Expenses 14,972.00 52,282.00
Total other expenses 55,741.00 1,91,520.00
Total expenses 1,38,262.00 4,83,169.00
3 Total profit before exceptional items and tax 22,056.00 84,843.00
4 Exceptional items 5,613.00 (10,773.00)
5 Total profit before tax 27,669.00 74,070.00
6 Tax expense
7 Current tax 12,357.00 29,268.00
8 Deferred tax (4,441.00) (7,455.00)
9 Total tax expenses 7,916.00 21,813.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 19,753.00 52,257.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 664.00 2,402.00
16 Total profit (loss) for period 20,417.00 54,659.00
17 Other comprehensive income net of taxes 13,105.00 26,606.00
18 Total Comprehensive Income for the period 33,522.00 81,265.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 20,417.00 54,659.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 13,105.00 26,606.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 8,120.00 8,120.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 3,84,217.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.03 13.47
Diluted earnings (loss) per share from continuing operations 5.03 13.47
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.03 13.47
Diluted earnings (loss) per share from continuing and discontinued operations 5.03 13.47
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above audited consolidated results were reviewed and recommended by the Audit Committee on May 04, 2026 and approved by the Board of Directors at its meeting held on May 04, 2026. The Statutory Auditors have audited the consolidated financial results for the quarter and year ended March 31, 2026 and have issued an unmodified opinion on the same. 2. These audited consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standard Rules), 2015 (as amended) and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. 3. On November 21, 2025, the Government of India notified the four Labour Codes - The Code on Wages, 2019, The Industrial Relations Code,2020, The Code on Social Security, 2020,and The Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour and Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has evaluated and disclosed the incremental impact of these changes using the best information currently available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact for the year ended March 31, 2026, consisting of gratuity of Rs. 56.82 crore and long-term compensated absences of Rs. 26.92 crore primarily arises due to change in wage definition and has been recorded as Exceptional item. During the quarter ended March 31, 2026, the Company has taken certain clarifications on the gratuity payable and accordingly revised the provision arising due to Labour codes. The Company continues to monitor the finalisation of Central/ State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect based on such developments as needed. 4. During the year ended March 31, 2026, the Group, through it's wholly owned subsidiary, Tata Technologies Pte Ltd (Singapore) completed 100% acquisition of Es-Tec GmbH, Germany and its subsidiaries (collectively called the Es-Tec Group), which are into the business of high end automotive engineering services with deep know-how in ADAS, Connected Driving, and Digital Engineering. The total purchase consideration for this business combination comprises of: i) fixed consideration of Euro 51.4 million (Rs. 532.10 crore) paid on acquisition completion date November 27, 2025 ii) variable consideration up to Euro 14.6 million (Rs. 151.77 crore) based on the achievement of operational milestones payable over the next 2 years. At the reporting date, the purchase price allocation and fair value adjustments are provisional as per Ind AS 103. Accordingly, the Group has recognized Goodwill amounting to Rs. 406.72 crore and Customer related intangible assets of Rs. 365.32 crore. Acquisition related costs of Rs. 23.99 crore are included in exceptional items considering materiality and non-recurring nature of such costs. Pursuant to this acquisition, Es-Tec GmbH Group has become a step down subsidiary of Tata Technologies Ltd and has been consolidated into the Group's financial statements starting December 01, 2025 and are therefore not comparable with the results of previous periods to that extent. 5. During the year ended March 31, 2026, the Company has subscribed to 10% paid-up share capital amounting to Rs. 0.01 crore of Tata Motors Foundation, which has been incorporated under section 8 of Companies Act 2013 to further Corporate Social Responsibilities. 6. The figures for the quarter ended 31 March 2026 as reported in these financial results, are the balancing figures between the audited figures in respect of the full financial year and unaudited published year to date figures upto the end of the third quarter of the relevant financial year. 7. The audited consolidated financial results include 19 wholly-owned subsidiaries and one associate as on March 31, 2026. 8. Tata Motors Limited (presently known as Tata Motors Passenger Vehicles Limited) (TML), the Holding Company of Tata Technologies Ltd, at its Board of Directors meeting held on August 1, 2024, approved a Composite Scheme of Arrangement involving the demerger of its Commercial Vehicle (CV) business undertaking into TML Commercial Vehicles Limited and the merger of erstwhile Tata Motors Passenger Vehicles Limited with the existing listed company TML thereby resulting in two separate listed companies for the CV and Passenger Vehicle businesses. The scheme was approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, with appointed date of July 1, 2025. Pursuant to the Composite Scheme of Arrangement approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, effective October 1, 2025, Tata Motors Passenger Vehicle Limited (formerly Tata Motors Limited) is the Holding Company of Tata Technologies Ltd. 9. On May 04, 2026, the Board of Directors have proposed a final dividend of Rs. 8.35 per share and a one-time special dividend of Rs. 3.35 per share in respect of the year ended March 31, 2026. The total proposed dividend for the year ended March 31, 2026 would be Rs. 11.70 per share, subject to approval of shareholders at the Annual General Meeting, and if approved, would result in a cash outflow of approximately Rs. 475.00 crore. 10. a. Mr. Vikrant Gandhe, held the office of Company Secretary of the Company till January 16, 2026. Mr. Raghav Mulay has assumed this office as Company Secretary effective April 14, 2026. b. Mr. Balaje Rajan (DIN - 10749831) ceased to be a Non-Executive Non-Independent Director of the Company w.e.f. January 15, 2026 pursuant to his resignation. Mr. Dhiman Gupta (DIN - 09420213) is appointed as a Non-Executive Non-Independent Director of the Company w.e.f. January 16, 2026. 11. The audited consolidated results for the quarter and year ended March 31, 2026 are available on the Company's website at www.tatatechnologies.com/in/ and also on the website of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares of the Company are listed.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 29,618.00
Capital work-in-progress 63.00
Investment property 0.00
Goodwill 1,35,125.00
Other intangible assets 40,735.00
Intangible assets under development 1,477.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 2,565.00
Non-current financial assets
Non-current investments 1.00
Trade receivables, non-current 0.00
Loans, non-current 1,500.00
Other non-current financial assets
1 Deposits pledged/lien with banks 6.00
2 Security deposits 2,358.00
3 Net investment in sub lease 2,317.00
4 Contractual financial asset measured at FVTPL 29,661.00
Total of other non-current financial assets 34,342.00
Total non-current financial assets 35,843.00
Deferred tax assets (net) 44,425.00
Other non-current assets
1 Income tax assets (net) 2,531.00
2 Prepaid expenses 22,031.00
3 Deposits with government authorities 165.00
Total of other non-current assets 24,727.00
Total non-current assets 3,14,578.00
2 Current assets
Inventories 0.00
Current financial asset
Current investments 79,781.00
Trade receivables, current 1,18,686.00
Cash and cash equivalents 68,234.00
Bank balance other than cash and cash equivalents 3,283.00
Loans, current 30,178.00
Other current financial assets
Total of other current financial assets 8,591.00
Total current financial assets 3,08,753.00
Current tax assets (net) 1,084.00
Other current assets
1 Contract Assets 2,11,183.00
2 Prepaid expenses 14,561.00
3 Deposits with government authorities 86.00
4 Balances with government authorities 37,338.00
5 Advances to suppliers and contractors 7,697.00
6 Other advances 66.00
Total of other current assets 2,70,931.00
Total current assets 5,80,768.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 8,95,346.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 8,120.00
Other equity 3,84,217.00
Total equity attributable to owners of parent 3,92,337.00
Non controlling interest 0.00
Total equity 3,92,337.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 58,899.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liabilities 19,629.00
2 Dues payable to employees 30.00
3 Deferred Earnout Consideration payable 14,969.00
Total of other non-current financial liabilities 34,628.00
Total non-current financial liabilities 93,527.00
Provisions, non-current 6,127.00
Deferred tax liabilities (net) 9,331.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Deferred Income 14,957.00
Total of other non-current liabilities 14,957.00
Total non-current liabilities 1,23,942.00
Current liabilities
Current financial liabilities
Borrowings, current 7,657.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 230.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 57,906.00
Total Trade payable 58,136.00
Other current financial liabilities
1 Lease liabilities 7,613.00
2 Interest accrued but not due on borrowings 1,062.00
3 Unpaid dividends 822.00
4 Dues payable to employees 237.00
5 Capital creditors 622.00
6 Fair value of foreign exchange derivative liabilities 611.00
Total of other current financial liabilities 10,967.00
Total current financial liabilities 76,760.00
Other current liabilities 2,71,833.00
1 Unearned Revenue 15,572.00
2 Statutory remittances (withholding taxes, Provident Fund, GST etc.) 13,012.00
3 Advance and progress payments 2,39,925.00
4 Deferred Income 3,324.00
Total of other current liabilities 2,71,833.00
Provisions, current 8,809.00
Current tax liabilities (Net) 21,665.00
Deferred government grants, Current 0.00
Total current liabilities 3,79,067.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 5,03,009.00
Total equity and liabilites 8,95,346.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Services segment 1,21,961.00 4,25,630.00
2 Technology solutions segment 35,261.00 1,24,927.00
Total Segment Revenue 1,57,222.00 5,50,557.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,57,222.00 5,50,557.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Services segment 35,724.00 1,23,181.00
2 Technology solutions segment 7,049.00 23,191.00
Total Profit before tax 42,773.00 1,46,372.00
i. Finance cost 1,581.00 3,412.00
ii. Other Unallocable Expenditure net off Unallocable income 12,859.00 66,488.00
Profit before tax 28,333.00 76,472.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Services segment 0.00 0.00
2 Technology solutions segment 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 Services segment 0.00 0.00
2 Technology solutions segment 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined employee benefit plans 1,603.00 1,258.00
Total Amount of items that will not be reclassified to profit and loss 1,603.00 1,258.00
2 Income tax relating to items that will not be reclassified to profit or loss 404.00 317.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of financial statements of foreign operations 11,906.00 25,665.00
Total Amount of items that will be reclassified to profit and loss 11,906.00 25,665.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 13,105.00 26,606.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 74,070.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,412.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (6,562.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (64,937.00)
Adjustments for decrease (increase) in other non-current assets (4,500.00)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (3,243.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,791.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 80,528.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 14,495.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 5,994.00
Adjustments for provisions, non-current 4,105.00
Adjustments for other financial liabilities, current 133.00
Adjustments for other financial liabilities, non-current (21.00)
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 3,597.00
Adjustments for share-based payments 188.00
Adjustments for fair value losses (gains) (696.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (2,141.00)
Other adjustments to reconcile profit (loss) (4,239.00)
Other adjustments for non-cash items 589.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 21,299.00
Net cash flows from (used in) operations 95,369.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 17,799.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 77,570.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 138.00
Purchase of property, plant and equipment 3,359.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 1,10,500.00
Cash receipts from repayment of advances and loans made to other parties 83,896.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 244.00
Interest received 3,043.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (60,554.00)
Net cash flows from (used in) investing activities (87,092.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 350.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 57,032.00
Repayments of borrowings 0.00
Payments of lease liabilities 8,080.00
Dividends paid 47,661.00
Interest paid 133.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 55.00
Net cash flows from (used in) financing activities 1,563.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (7,959.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 9,444.00
Net increase (decrease) in cash and cash equivalents 1,485.00
Cash and cash equivalents cash flow statement at beginning of period 66,749.00
Cash and cash equivalents cash flow statement at end of period 68,234.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & Co. LLP Yes 31-07-2028