TATATECH
Tata Technologies Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
TATATECH
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹748 today
BEAR
₹290
-61%
5.8% a year · 20.4x exit
BASE
₹447
-40%
10% a year · 30.2x exit
BULL
₹815
+9%
13.6% a year · 53.3x exit
Where the market has priced it
2x56x today326x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 21 Packaged Software peers
- FY27 one quarter filed — the pace is shown, not judged: guided +10.0%, filed +33.8% across 1 quarter(s)
- at 56x its FY26 earnings the stock already trades above the top of its own ten-year range (53x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹13.46 (screener) |
|---|---|
| Guided growth | 10% a year, said on the call of 21-Jul-2026 · transcript |
| Read across as | operating: revenue growth, margin held flat — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 20.35x / 30.2x / 53.33x, this company’s own p20 / median / p80 across 21 filed years |
| Filed-industry peers | median 30.2x across 21 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
revenue growth 10%generic growth 10%
Based on our current visibility, we continue to expect strong double-digit organic revenue growth for FY27 with services as the primary growth engine and margin expansion supported by scale, productivity, AI-led efficiency and utilization,
Call 21-Jul-2026 · bridge confidence medium · transcript PDF
Pace against its own guidance
FY27
one quarter filed — the pace is shown, not judged
guided 10.0%
filed 33.8%
1 of 4 quarters