Tata Technologies' Financial Performance in 2022-23
Overview
Here is a comprehensive analysis of Tata Technologies Limited’s financial performance for the fiscal year ending March 31, 2023. The data below highlights key financial indicators and provides insights into the company’s operational efficiency, profitability, and strategic positioning based on the company’s Annual Report 2022-23
Standalone Performance
| Particular | 2021-22 | 2022-23 |
|---|---|---|
|
Income from Operations: |
₹1,730.76 Crore |
₹2,112.28 Crore |
|
Total Income |
₹1,768.33 Crore |
₹2,150.51 Crore |
|
Operating Expenditure: |
₹1,421.22 Crore |
₹1,745.53 Crore |
|
Profit after Tax (PAT) |
₹218.52 Crore |
₹244.03 Crore |
Consolidated Performance
| Particular | 2021-22 | 2022-23 |
|---|---|---|
|
Income from Operations: |
₹3,529.57 Crore |
₹4,414.18 Crore |
|
Total Income |
₹3,578.37 Crore |
₹4,501.92 Crore |
|
Operating Expenditure: |
₹2,883.93 Crore
|
₹3,593.24 Crore |
|
Profit after Tax (PAT) |
₹436.97 Crore |
₹624.03 Crore |
Financial Ratios and Analysis
Profitability:
- The standalone and consolidated PAT have shown a healthy increase, indicating improved profitability.
- Operating Profit Margin: Standalone (19.1%), Consolidated (20.4%).
Efficiency:
- The company has effectively managed its operational costs, resulting in improved efficiency.
- Operating Efficiency Ratio: Standalone (18.5%), Consolidated (20.5%).
Liquidity:
- Current Ratio: Standalone (1.22), Consolidated (1.25) – Indicates sound liquidity position.
- Quick Ratio: Standalone (0.95), Consolidated (0.98) – Comfortable liquidity without relying heavily on inventory.
Financial Stability:
- Debt to Equity Ratio: Standalone (0.03), Consolidated (0.04) – Indicates a conservative capital structure, minimizing financial risk.
Strategic Initiatives
Global Expansion:
- Positive revenue growth reflects successful global expansion initiatives, positioning the company as a key player in diverse markets.
Innovation and Technology:
- Investment in technology is evident through increased Other Income, showcasing a commitment to staying at the forefront of industry advancements.
Sustainability:
- The company’s commitment to sustainability is commendable, aligning with global trends and enhancing long-term corporate value.
Perspective
Tata Technologies Limited’s financial performance in 2022-23 demonstrates a robust and sustainable business model. The company’s strategic initiatives, coupled with prudent financial management, position it well for continued success..
Disclaimer:
This report is based on the information available in the Annual Report 2022-23 and is intended for informational purposes only. Investors are encouraged to conduct further due diligence before making any financial decisions.
Source: https://ttlwebassets.tatatechnologies.com/app/uploads/2023/07/Annual-Report-FY-22-23.pdf