Slide 1: Stock exchange cover letter for investor presentation
Ref. No.: TTL/COSEC/SE/2024-25/62 October 28, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai- 400001, India Mumbai – 400 051, India Scrip Code: 544028 Trading symbol: TATATECH D
Slide 2: Investor presentation Q2 FY2025
Investor presentation Q2 FY2025 28th Oct 2024 Scrip: BSE 544028, NSE: TATATECH #EngineeringASoftwareDefinedFuture 1 © Copyright 2024 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners.
Slide 3: Disclaimer
Disclaimer This release may include opinions and assumptions about future performance which could be considered forward-looking statements. Forward-looking statements intrinsically cover several risks and uncertainties, which may lead to a material difference between actual results and the statement
Slide 4: Leading global engineering services company
Leading global engineering services company 12,680 2.2% Customer NPS 66 Among the Top 10 percentile of Employees(5) QoQ growth in INR revenue Tech services providers (4) from operations(6) 85% INR 12.9 bn Automotive revenue(3) $154.6 mn (7) Q2’FY25 Revenue from Operations Among Top 2 18.2% Global En
Slide 5: Q2'25 Financial highlights
Q2’25 Financial highlights Revenue Profitability • Total company operating revenue at ₹12,965 million, • Total company gross margin at 29.1%, vs. 28.2% QoQ up 2.2% QoQ • Services segment revenue of ₹10,051 million, • Services segment gross margin at 32.3% vs. 31.1% up 2.0% QoQ QoQ • In USD, total op
Slide 6: Message from the CEO & MD and the CFO
Message from the CEO & MD and the CFO Our Services business has returned to sequential growth this quarter with a 2% increase in revenue. Our order book and pipeline remain healthy and combined with the continued positive momentum within our anchor accounts, we are confident that the second half of
Slide 7: Strategic wins and new developments
Strategic wins and new developments Tata Technologies has been selected by an Asian Automotive OEM for a mid-cycle refresh turnkey project for two of their vehicles. These projects entail a comprehensive suite of automotive engineering services. A European Luxury Automotive OEM has chosen Tata Techn
Slide 8: Financial & operational data
Financial & operational data © Copyright 2024 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners.
Slide 9: Income statement - consolidated IND AS
Income statement - consolidated IND AS INR Mn Q2 FY24 Q1 FY25 Q2 FY25 QoQ YoY Revenue from operations 12,692 12,690 12,965 2.2% 2.1% Services Segment 9,953 9,855 10,051 2.0% 1.0% Technology Solutions segment 2,739 2,835 2,914 2.8% 6.4% Gross Profit 3,428 3,581 3,776 5.4% 10.1% Services Segment 2,972
Slide 10: Q2'25 Key metrics
Q2’25 Key metrics Services: Customer pyramid (LTM) Q2’ 24 Q1’ 25 Q2’ 25 > 50 Mn 3 2 2 10-50 Mn 3 6 6 5-10 Mn 4 3 4 1-5 Mn 28 29 30 Employee metrics Q2’ 24 Q1’ 25 Q2’ 25 Headcount 12,451 12,505 12,680 Voluntary attrition, LTM 16.8% 13.7% 13.1% Headcount includes FTEs and contractors Liquidity metrics
Slide 11: Q2'25 Financial highlights
Q2’25 Financial highlights Revenue from Operations Revenue from Services Segment 2.1% YoY; 2.2% QoQ 1.0% YoY; 2.0% QoQ 9,953 9,855 10,051 12,692 12,690 12,965 INR Million INR Million Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Revenue from Operations Revenue from Services Segment 0.8% YoY; 1.7%
Slide 12: Q2'25 Financial highlights
Q2’25 Financial highlights Gross Margin % Gross Margin: Services Segment 29.1% 32.3% 28.2% 31.1% 27.0% 29.9% Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Operating EBITDA Margin EBIT Margin 18.2% 18.2% 15.9% 15.9% 16.9% 14.8% Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 11 © Copyright 2024 Tat
Slide 13: Q2'25 Financial highlights
Q2’25 Financial highlights % of Operating Revenue % of Services Segment Revenue 22% 22% 22% 14% 15% 15% 78% 78% 78% 86% 85% 85% Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Services Segment Technology Solutions Segment Auto Non-Auto Revenue Mix 63.0% 61.0% 58.0% 37.0% 39.0% 43.7% Q2'24 Q1' 25 Q2'
Slide 14: We're engineering a software-defined future for everyone
We’re engineering a software-defined future for everyone #EngineeringASoftwareDefinedFuture © Copyright 2024 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners.
Slide 15: Launch of #EngineeringASoftwareDefinedFuture brand campaign
Launch of #EngineeringASoftwareDefinedFuture brand campaign We are at the forefront of next-gen technologies, driving the shift towards software-led intelligent products. We lead innovations across SDVs, AI-powered smart manufacturing, and software-defined enterprises to create adaptive, connected,
Slide 16: Launch of BMW TechWorks India – Tata Technologies and BMW Group JV
Launch of BMW TechWorks India – Tata Technologies and BMW Group JV We officially announced the JV BMW TechWorks India which aims to innovate automotive software, including software-defined vehicles (SDV) and digital transformation solutions for business IT. This JV re-enforces our automotive softwar
Slide 17: Thought Leadership towards #engineeringASoftwareDefinedFuture
Classification: Classification: Confidential Internal Thought Leadership towards #engineeringASoftwareDefinedFuture Establishing industry leadership with over 30 years of expertise, we are driving the shift to software-defined engineering, transforming automotive aerospace and IHM industries with ad
Slide 18: Air India and Tata Technologies collaborate on aircraft interiors
Classification: Confidential Air India and Tata Technologies collaborate to transform the Air India aircraft interiors for enhancing travel experience The collaboration between Tata Technologies and Air India will significantly enhance the overall travel experience by tailoring modifications and upg
Slide 19: Engineering customer success through our One Team with Customers approach
Classification: Classification: Confidential Internal Engineering customer success through our One Team with Customers approach Customer NPS feedback Scores & Responses Living Core Values – Feedback scores Comparison with Industry 8.70 8.80 8.61 8.73 100000% 699 90000% 89%, 623 87%, 626 599 8.41 8.5
Slide 20: About Tata Technologies
About Tata Technologies Tata Technologies (BSE: 544028, NSE: TATATECH) is a global product engineering and digital services company focused on fulfilling our mission of helping the world drive, fly, build, and farm by enabling our customers to realize better products and deliver better experiences.
Slide 21: Contact Us
Contact Us For investor queries Name: Vijay Lohia Email: ir@tatatechnologies.com Desk Phone: +91 20 66529090 For media queries Name: Priyanka Bhatia Email: priyanka.bhatia@adfactorspr.com Desk Phone: +91 22 67574444 20 © Copyright 2024 Tata Technologies. All rights reserved. All other trademarks are
Slide 22: tatatechnologies.com
ASIA PACIFIC 25 Rajiv Gandhi Infotech Park /TataTechnologies Hinjawadi, Pune @tatatechnologies India 411057 /TataTech_News Tel: +91 20 6652 9090 /TataTechnologies /TataTechnologies EUROPE The European Innovation tatatechnologies.com and Development Centre (EIDC) Olympus Avenue Tachbrook Park Warwick