Tata Technologies Limited · NSE:TATATECH
Tata Technologies — Q1 FY2025 Earnings Presentation
20 slides from Tata Technologies's earnings presentation, Jul 18, 2024
Slide 1: Exchange filing cover letter for investor presentation
Ref. No.: TTL/COSEC/SE/2024-25/37 July 18, 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 Dear
Slide 2: Investor presentation Q1 FY2025
Investor presentation Q1 FY2025 18th July 2024 Scrip: BSE 544028, NSE: TATATECH 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 12,505 0.9% Customer NPS 58 Employees(4) Among the Top 20 percentile of YoY growth in INR revenue Tech services providers from operations(5) INR 12.7 bn 85% $152.1 mn (6) Automotive revenue(3) Q1’FY25 Revenue from Operations Among Top 2 18.2% Global Engine
Slide 5: Q1'25 Financial highlights
Q1’25 Financial highlights Revenue Profitability • Total operating revenue at ₹12,690 million, up 0.9% • Total company gross margin at 28.2%, vs. 28.3% YoY and down 2.5% QoQ. In USD, total operating QoQ revenue at $152.1 million • Services segment gross margin at 31.1% vs. 31.4% QoQ • Services segme
Slide 6: Message from the CEO & MD and the CFO
Message from the CEO & MD and the CFO The overall market conditions remain favourable as the manufacturing sector continues to future-proof itself through ongoing investments in alternative propulsion systems, software-defined products and services, and smart manufacturing. The VinFast transition is
Slide 7: Strategic wins and new developments
Strategic wins and new developments A global EV battery manufacturer has selected Tata Technologies to deliver the first battery design and development program for a client’s EV engagement. Tata Technologies has been selected by a leading commercial vehicle OEM as their SDV technology partner for th
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 Q1’FY24 Q4’FY24 Q1’FY25 QoQ YoY Revenue from operations 12,575 13,010 12,690 (2.5%) 0.9% Services segment 9,911 9,951 9,855 (1.0%) (0.6%) Technology solutions segment 2,664 3,060 2,835 (7.4%) 6.4% Gross profit 3,769 3,680 3,581 (2.7%) (5.0%) Services seg
Slide 10: Q1'25 Key metrics
Q1’25 Key metrics Services: Customer pyramid (LTM) Q1’ 24 Q4’ 24 Q1’ 25 > 50 Mn 3 3 2 10-50 Mn 3 5 6 5-10 Mn 3 3 3 1-5 Mn 27 30 29 Employee metrics Q1’ 24 Q4’ 24 Q1’ 25 Headcount 11,833 12,688 12,505 Voluntary attrition, LTM 18.7% 14.5% 13.7% Headcount includes FTEs and contractors Liquidity metrics
Slide 11: Q1'25 Financial highlights: revenue
Q1’25 Financial highlights Revenue from operations Revenue from services segment 0.9% YoY; -2.5% QoQ -0.6% YoY; -1.0% QoQ 9,911 9,951 9,855 13,010 12,575 12,690 INR Million INR Million Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Revenue from operations Revenue from services segment -0.7% YoY; -2
Slide 12: Q1'25 Financial highlights: margins
Q1’25 Financial highlights Gross margin % Gross margin: services segment 30.0% 33.1% 28.3% 28.2% 31.4% 31.1% Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Operating EBITDA margin EBIT margin 19.9% 18.0% 18.4% 18.2% 16.2% 15.9% Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 11 © Copyright 2024 Tat
Slide 13: Q1'25 Financial highlights: revenue mix
Q1’25 Financial highlights % of Operating revenue % of Services segment revenue 11% 14% 15% 21% 24% 22% 89% 86% 85% 79% 76% 78% Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Services Segment Technology Solutions Segment Auto Non-Auto Revenue mix 63.8% 62.3% 61.0% 36.2% 37.7% 39.0% Q1'24 Q4' 24 Q1'
Slide 14: Innovating solutions for customers and engineering better careers
Innovating solutions for customers and engineering better careers © Copyright 2024 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners.
Slide 15: Accelerating digital transformation for Mitsubishi India
Accelerating digital transformation for Mitsubishi India Tata Technologies accelerates Mitsubishi Electric India’s digital transformation journey with SAP S4/Hana implementation, delivering enhanced operational efficiency. The seamless implementation enabled end-to-end visibility and enhanced operat
Slide 16: Innovate solutions for a better world with InnoVent 2.0
Innovate solutions for a better world with InnoVent 2.0 Tata Technologies, in collaboration with Microsoft and Tata Motors, has launched the second edition of the InnoVent hackathon, focusing on Generative AI. This initiative aims to leverage Generative AI to innovate solutions across the product va
Slide 17: Engineering connected vehicle solutions with Arm and COVESA
Engineering connected vehicle solutions with Arm and COVESA Tata Technologies joined the Connected Vehicle System Alliance (COVESA) consortium to innovate connected, autonomous and software-defined vehicle solutions. Tata Technologies partners with Arm to drive innovation in developing software-defi
Slide 18: 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 19: 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 18 © Copyright 2024 Tata Technologies. All rights reserved. All other trademarks are
Slide 20: 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