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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 14-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-09-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-10-2026   09:30:00
End date and time of board meeting 14-10-2026   15:46:00
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,69,880.00 3,36,343.00
Other income 3,115.00 6,807.00
Total income 1,72,995.00 3,43,150.00
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 82,331.00 1,63,843.00
(e) Finance costs 1,985.00 3,532.00
(f) Depreciation, depletion and amortisation expense 5,427.00 10,099.00
(f) Other Expenses
1 Purchases of technology solutions 26,457.00 55,282.00
2 Outsourcing and consultancy charges 18,648.00 33,530.00
3 Other expenses 15,118.00 29,618.00
Total other expenses 60,223.00 1,18,430.00
Total expenses 1,49,966.00 2,95,904.00
3 Total profit before exceptional items and tax 23,029.00 47,246.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 23,029.00 47,246.00
6 Tax expense
7 Current tax 9,906.00 16,977.00
8 Deferred tax (2,878.00) (2,854.00)
9 Total tax expenses 7,028.00 14,123.00
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 16,001.00 33,123.00
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 1,143.00 2,096.00
16 Total profit (loss) for period 17,144.00 35,219.00
17 Other comprehensive income net of taxes 2,869.00 2,672.00
18 Total Comprehensive Income for the period 20,013.00 37,891.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 8,121.00 8,121.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.22 8.67
Diluted earnings (loss) per share from continuing operations 4.22 8.67
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 4.22 8.67
Diluted earnings (loss) per share from continuing and discontinued operations 4.22 8.67
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 statement of consolidated unaudited interim financial results were reviewed by the Audit Committee on October 13, 2026 and approved by the Board of Directors at its meeting held on October 14, 2026. The Statutory Auditors have carried out limited review of the statement of consolidated unaudited interim financial results for the quarter and half year ended September 30, 2026 and have issued an unmodified conclusion on the same. 2. The above statement of consolidated unaudited interim financial results were reviewed by the Audit Committee on October 13, 2026 and approved by the Board of Directors at its meeting held on October 14, 2026. The Statutory Auditors have carried out limited review of the statement of consolidated unaudited interim financial results for the quarter and half year ended September 30, 2026 and have issued an unmodified conclusion on the same. 3. The above statement of consolidated unaudited interim financial results include 19 wholly-owned subsidiaries and one associate as on September 30, 2026. 4. During the half year ended September 30, 2026, the Holding Company has paid a dividend of Rs. 11.70 per share in respect of the year ended March 31, 2026 was proposed by the Board of Directors on May 04, 2026 and subsequently approved by the shareholders at the Annual General Meeting held on June 26, 2026, which has resulted in a cash outflow of Rs. 475.08 crore. 5. During the year ended March 31, 2026, the Holding Company, through its wholly owned subsidiary Tata Technologies Pte. Limited completed 100 per cent acquisition of Es-Tec GmbH. In the absence of complete information existing as of the date of acquisition, in accordance with the requirements of Ind AS 103 Business Combinations, the accounting for such business combination was based on provisional amount in the consolidated financial statements. During the quarter ended September 30, 2026, the Holding Company has adjusted the provisional amounts referred to above to reflect the impact of the additional information received during the quarter. This resulted in a reduction in the Earnout consideration by INR 28.98 crore , reduction in fair value of intangible assets by INR 10.35 crore, and reduction in goodwill by INR 18.63 crore. In accordance with the requirements of Ind AS 103, the Holding Company has given effect to these adjustments retrospectively from the date of acquisition of Es-Tec GmbH. Accordingly, the corresponding information for balance sheet as at March 31, 2026 has been restated. The adjustments referred to above, do not have a material impact on the income statement for the year ended March 31, 2026 and quarter ended June 30, 2026. Further, the consolidated financial results presented for the period prior to the date of acquisition is not comparable. 6. Effective November 21, 2025, the Government of India notified four new Labour Codes. The Group, considering the materiality and regulatory driven, non-recurring nature, presented the incremental impact on Employee Benefit Obligations under Exceptional item in the previous year. 7. The statement of consolidated unaudited interim financial results for the quarter and half year ended September 30, 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 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 45,012.00
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 1,34,432.00
Other intangible assets 36,666.00
Intangible assets under development 2,503.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 3,132.00
Non-current financial assets
Non-current investments 1.00
Trade receivables, non-current 0.00
Loans, non-current 4,708.00
Other non-current financial assets
1 Deposits pledged/lien with banks 6.00
2 Security deposits 7,255.00
3 Net investment in sub lease 2,264.00
4 Deposits with government authorities 166.00
5 Contractual financial asset measured at FVTPL 30,089.00
Total of other non-current financial assets 39,780.00
Total non-current financial assets 44,489.00
Deferred tax assets (net) 47,745.00
Other non-current assets
1 Income tax assets (net) 2,402.00
2 Prepaid expenses 26,006.00
3 Other non-current assets 1,342.00
Total of other non-current assets 29,750.00
Total non-current assets 3,43,729.00
2 Current assets
Inventories 0.00
Current financial asset
Current investments 21,413.00
Trade receivables, current 1,42,146.00
Cash and cash equivalents 53,965.00
Bank balance other than cash and cash equivalents 3,782.00
Loans, current 23,813.00
Other current financial assets
Total of other current financial assets 961.00
Total current financial assets 2,46,080.00
Current tax assets (net) 2,175.00
Other current assets
1 Advances to suppliers and contractors 7,275.00
2 Loans and advances to employees 809.00
3 Less: Allowance for doubtful receivables (81.00)
4 Other advances (24.00)
5 Contract Assets 2,09,045.00
6 Prepaid expenses 18,266.00
7 Balances with government authorities 29,789.00
Total of other current assets 2,65,079.00
Total current assets 5,13,334.00
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 8,57,063.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 8,121.00
Other equity 3,75,138.00
Total equity attributable to owners of parent 3,83,259.00
Non controlling interest
Total equity 3,83,259.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 53,190.00
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 30,383.00
2 Dues payable to employees 348.00
3 Deferred Earnout Consideration payable 12,699.00
Total of other non-current financial liabilities 43,430.00
Total non-current financial liabilities 96,620.00
Provisions, non-current 6,478.00
Deferred tax liabilities (net) 9,586.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Deferred Income 13,295.00
Total of other non-current liabilities 13,295.00
Total non-current liabilities 1,25,979.00
Current liabilities
Current financial liabilities
Borrowings, current 18,143.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,786.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 65,306.00
Total Trade payable 67,092.00
Other current financial liabilities
1 Lease liabilities 9,277.00
2 Interest accrued but not due on borrowings 1,179.00
3 Unpaid dividends 1,219.00
4 Capital creditors 393.00
Total of other current financial liabilities 12,068.00
Total current financial liabilities 97,303.00
Other current liabilities 2,22,041.00
1 Unearned Revenue 26,663.00
2 Statutory remittances (withholding taxes, Provident Fund, GST etc.) 10,464.00
3 Advance and progress payments 1,81,590.00
4 Deferred Income 3,324.00
Total of other current liabilities 2,22,041.00
Provisions, current 2,748.00
Current tax liabilities (Net) 25,733.00
Deferred government grants, Current 0.00
Total current liabilities 3,47,825.00
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 4,73,804.00
Total equity and liabilites 8,57,063.00
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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Services segment 1,35,565.00 2,65,257.00
2 Technology solutions segment 34,315.00 71,086.00
Total Segment Revenue 1,69,880.00 3,36,343.00
Less: Inter segment revenue
Revenue from operations 1,69,880.00 3,36,343.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Services segment 40,837.00 80,416.00
2 Technology solutions segment 6,541.00 12,961.00
Total Profit before tax 47,378.00 93,377.00
i. Finance cost 1,985.00 3,532.00
ii. Other Unallocable Expenditure net off Unallocable income 21,221.00 40,503.00
Profit before tax 24,172.00 49,342.00
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
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 170.00 485.00
Total Amount of items that will not be reclassified to profit and loss 170.00 485.00
2 Income tax relating to items that will not be reclassified to profit or loss 43.00 122.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of financial statements of foreign operations 2,742.00 2,309.00
Total Amount of items that will be reclassified to profit and loss 2,742.00 2,309.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 2,869.00 2,672.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 47,246.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,532.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (22,275.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 6,057.00
Adjustments for decrease (increase) in other non-current assets (5,152.00)
Adjustments for other financial assets, non-current (5,489.00)
Adjustments for other financial assets, current 630.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 8,632.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (50,050.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 10,099.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (6,047.00)
Adjustments for provisions, non-current 836.00
Adjustments for other financial liabilities, current (237.00)
Adjustments for other financial liabilities, non-current 946.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 2,192.00
Adjustments for share-based payments 539.00
Adjustments for fair value losses (gains) 1,146.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (3,470.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (2,347.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (64,842.00)
Net cash flows from (used in) operations (17,596.00)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 14,004.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (31,600.00)
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 48.00
Purchase of property, plant and equipment 6,991.00
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 74,121.00
Cash receipts from repayment of advances and loans made to other parties 76,700.00
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 0.00
Interest received 1,999.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 68,755.00
Net cash flows from (used in) investing activities 66,390.00
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 0.00
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 4,164.00
Repayments of borrowings 0.00
Payments of lease liabilities 4,770.00
Dividends paid 47,508.00
Interest paid 1,553.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (49,667.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (14,877.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 608.00
Net increase (decrease) in cash and cash equivalents (14,269.00)
Cash and cash equivalents cash flow statement at beginning of period 68,234.00
Cash and cash equivalents cash flow statement at end of period 53,965.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
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