ilmscore | TATA Technologies Limited IPO Summary | CA Rachana Ranade

TATA Technologies Limited IPO Summary | CA Rachana Ranade

Published: 2023-11-18
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The engineering R&D services industry is projected to grow at a CAGR of 14-17% between 2022 and 2026.
"the CHR is estimated to grow at 14 to 17% CAGR of course as per RHP"
Engineering R&D Industry Growth
Pending
Electric vehicle sales increased by 55% annually when comparing 2022 to 2021.
"if I'm comparing 2022 sales of EVS as compared to 2021 the sales has increased by 55% annually"
Automotive Sector EV Sales Growth
Pending
From 2021 to 2023, Tata Technologies experienced a sales CAGR of 36.23%, EBITDA CAGR of 45.2%, and net profit CAGR of 61.53%.
"sales growth from 21 to 23 is at 36.23% CAGR,EBITDA growth is at a 45.2% CAGR and net profit has a growth of 61.53% CAGR."
Tata Technologies Financial Performance
Pending
Tata Technologies' profit margins improved from 10.05% in 2021 to 14.14% in 2023.
"the overall profit margins they've improved from 10.05% in 2021 to 14.14% in 2023"
Tata Technologies Profit Margins
Pending
Despite a slowdown in the automotive sector, companies may continue to invest in engineering R&D, which could benefit Tata Technologies, similar to how KPIT Tech performed during a previous automotive sector slowdown.
"even though the entire sector is in slow down the companies may not be wanting to spend less on engineering R&D and that was the reason why KPIT Tech was doing well and I think the same logic can be copy pasted for Tata Technologies as well"
Automotive Sector Slowdown Impact on R&D Spending
Pending