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© Copyright 2025 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Investor presentation Q3 FY26 16th January 2026 Scrip: BSE 544028, NSE: TATATECH #EngineeringASoftwareDefinedFuture
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Disclaimer 2 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 statements themselves. Such statements comprise the company’s current visibility on market movements, client discussions, and related factors. Tata Technologies Limited does not assume an obligation to update or revise any forward-looking statements. Certain analysis undertaken and represented in this document may constitute an estimate from the Company and may differ from the actual underlying results. Other Details • Reported EBITDA is defined to exclude other income. • Reported EBIT is defined as reported EBITDA plus share of profit from the equity accounted investee, plus deferred income, less depreciation & amortization
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Q3 FY26 Financial highlights • Total Operating Revenue at ₹13,657 million, up 3.2% QoQ • Operating EBITDA at ₹1,929 million; EBITDA Margin at 14.1% 3 Revenue Profitability • Services Segment Revenue at ₹10,602 million, up 4.7% QoQ • In USD, Total Operating Revenue came in at $152.7 million, up 2.3% QoQ in constant currency • In USD, Services Segment Revenues came in at $118.6 million, up 3.8% QoQ in constant currency • EBIT stood at ₹1,724 million for the quarter; EBIT Margin at 12.6% • Net Income* at ₹1,350 million • Net Income Margin* at 9.9% *Q3’26 margins exclude one-time exceptional item due to new labor code and one -off acquisition related cost
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Q3 demonstrated the resilience and strength of our business, delivering growth despite seasonal softness and temporary headwinds. With strong vertical performance, six strategic deal wins, and continued investment in delivery capacity, we are poised for a sharp acceleration in Q4. We expect sequential revenue growth of over 10%, signalling a clear inflection point. More importantly, the structural changes we’ve driven — portfolio diversification, reduced concentration risk, and the ES-Tec acquisition — have transformed our growth engine into one that is broader and stickier. Message from the CEO & MD and the CFO 4 We made steady progress on our strategic priorities during the quarter. ES-Tec integration is on track and already creating joint opportunities. Margin headwinds from Q3 are behind us, and we expect to return to—and exceed—the Q2 adjusted margin run-rate. Our disciplined workforce strategy and investments in future- ready skills position us well for sustainable growth. We remain focused on delivering long-term value for our customers and shareholders. Warren Harris CEO and MD Uttam Gujrati CFO
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Strategic wins and new developments 5 Tata Technologies has secured a strategic win with a premium European passenger vehicle OEM, strengthening our role across vehicle engineering and next-generation mobility programs We secured a strategic full vehicle program with a global automotive OEM, reinforcing our position as a trusted partner for end-to-end product development. Tata Technologies entered a whitespace area in embedded and software engineering with a leading European automotive OEM, successfully displacing incumbent suppliers. Tata Technologies has been engaged by a European luxury automaker to develop circularity solutions, enabling cradle- to-cradle emissions analysis and sustainable material selection. The contract also covers cost optimization across key vehicle components. A leading European Automotive OEM has selected Tata Technologies to lead their chassis & climate program across three platforms covering mechanical, E/E, and software development, with a focus on cost optimization and quality improvements. The Government of Uttar Pradesh and Tamil Nadu has selected Tata Technologies to upgrade Polytechnics with industry 4.0 technology.
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Financial & operational data
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Income statement - consolidated IND AS 7 INR Mn Q3 FY25 Q2 FY26 Q3 FY26 QoQ YoY Revenue from operations 13,174 13,233 13,657 3.2% 3.7% Services Segment 10,127 10,128 10,602 4.7% 4.7% Technology Solutions segment 3,047 3,105 3,055 -1.6% 0.3% Gross Profit 3,776 3,599 3,570 -0.8% -5.5% Services Segment 3,249 3,039 3,042 0.1% -6.4% Technology Solutions segment 527 561 528 -5.8% 0.2% Operating EBITDA 2,340 2,078 1,929 -7.2% -17.6% EBIT* 2,124 1,906 1,724 -9.5% -18.8% PBT** 2,262 2,259 1,868 -17.3% -17.4% Net Income** 1,686 1,655 1,350 -18.4% -19.9% EPS (diluted) 4.15 4.08 3.32 -18.4% -19.9% Margins (%) Gross Margin 28.7% 27.2% 26.1% Service Segment 32.1% 30.0% 28.7% Technology Solutions segment 17.3% 18.1% 17.3% Operating EBITDA Margin 17.8% 15.7% 14.1% EBIT Margin 16.1% 14.4% 12.6% Net Income Margin** 12.8% 12.5% 9.9% USD Mn Q3 FY25 Q2 FY26 Q3 FY26 QoQ YoY In Constant Currency QoQ YoY Revenue from operations 155.7 150.9 152.7 1.2% -2.0% 2.3% -1.5% Service Segment 119.9 115.6 118.6 2.6% -1.0% 3.8% -1.4% *EBIT includes “share of profit from equity accounted investees” and “other deferral income” **Q3’26 margins exclude one-time exceptional item due to new labor code and one -off acquisition related cost
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Q3 FY26 Key metrics Employee metrics Q3 FY25 Q2 FY26 Q3 FY26 DSO : Billed + Unbilled (days) 90 109 111 Cash and Cash Equivalent ($ Mn) (1) 154.1 122.8 129.2 FCF (INR Mn)(2) 2,292 2,061 1,908 Liquidity metrics 1) As on last day of the respective reporting period. Excludes restricted cash, if any 2) FCF computed as Adj. EBITDA (-) Net Capital Expenditure Q3 FY25 Q2 FY26 Q3 FY26 Headcount 12,659 12,402 12,580 Voluntary attrition, LTM 12.9% 15.1% 15.8% Headcount includes FTEs and contractors Services: Customer pyramid (LTM) Q3 FY25 Q2 FY26 Q3 FY26 > 50 Mn 2 2 2 10-50 Mn 5 3 4 5-10 Mn 7 8 8 1-5 Mn 29 33 32 8
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. 10,127 10,128 10,602 Q3 FY25 Q2 FY26 Q3 FY26 INR Million Revenue from Services Segment 119.9 115.6 118.6 Q3 FY25 Q2 FY26 Q3 FY26 USD Million Revenue from Services Segment 13,174 13,233 13,657 Q3 FY25 Q2 FY26 Q3 FY26 INR Million Revenue from Operations -2.0% YoY; +1.2% QoQ +3.7% YoY; +3.2% QoQ Q3 FY26 Financial highlights +4.7% YoY; +4.7% QoQ -1.0% YoY; +2.6% QoQ 9 155.7 150.9 152.7 Q3 FY25 Q2 FY26 Q3 FY26 USD Million Revenue from Operations
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Q3 FY26 Financial highlights 10 32.1% 30.0% 28.7% Q3 FY25 Q2 FY26 Q3 FY26 Gross Margin: Services Segment 17.8% 15.7% 14.1% Q3 FY25 Q2 FY26 Q3 FY26 Operating EBITDA Margin 28.7% 27.2% 26.1% Q3 FY25 Q2 FY26 Q3 FY26 Gross Margin % 16.1% 14.4% 12.6% Q3 FY25 Q2 FY26 Q3 FY26 EBIT Margin
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Q3 FY26 Financial highlights Offshore revenue represents Services revenue delivered from India & Romania and sourced outside India & Romania 77% 77% 78% 23% 23% 22% Q3 FY25 Q2 FY26 Q3 FY26 % of Operating Revenue Services Segment Technology Solutions Segment 84% 81% 80% 16% 19% 20% Q3 FY25 Q2 FY26 Q3 FY26 % of Services Segment Revenue Auto Non-Auto 11 41.7% 40.9% 38.9% 58.3% 59.1% 61.1% Q3 FY25 Q2 FY26 Q3 FY26 Revenue Mix Offshore % Onshore %
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Engineering a bigger, better, and bolder future together
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Driving innovation together with Tata Motors Tata Technologies hosted Innovation Day in Pune alongside senior leaders from Tata Motors passenger vehicles and Tata Passenger electric mobility. The event explored how software, intelligence, and engineering are shaping the next era of mobility. In collaboration with partners Dassault Systèmes and ES-Tec GmbH, the day featured strategic conversations and live showcases spanning software-defined vehicles, connected experiences, ADAS, digital twins, and end-to-end digital engineering. A key moment was the Green Pledge reaffirming our joint commitment to building a more sustainable, intelligent mobility future. 13
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Showcasing next-gen mobility at ELIV 2025 Our showcase highlighted intelligent and secure SDV solutions focused on AI-led testing and integrated cybersecurity, key enablers of tomorrow’s mobility. The response from customers and partners was overwhelmingly positive, reinforcing our position as a trusted engineering and digital partner for the automotive industry. Tata Technologies made a strong impression at ELIV 2025, the world’s premier congress for automotive electronics and software. As a Gold Sponsor, we presented our latest innovations across Software-Defined Vehicles, AI, cybersecurity, and digital validation. 14
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Presenting breakthroughs in software-defined mobility at CES 2026 Through live demos and strategic conversations, we demonstrated how intelligent architectures, connected platforms, and autonomous, software-led experiences are converging to define the future of mobility for OEMs and mobility players around the world. At CES 2026 in Las Vegas, Tata Technologies showcased AI-powered innovations driving the next generation of Software-Defined Vehicles (SDVs) and helping OEMs build future-ready mobility solutions. 15
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. Our thought-leadership showcasing how we are engineering asoftware-defined future Backed by 30+ years of expertise, our leaders are helping revolutionize automotive, aerospace, and IHM with AI -driven digital engineering for next-gen product innovation. 16 Tata Technologies utilizing AI to bring speed and scale to processes, like CV analysis & initial screening The future of recruitment is hybrid, where AI brings speed to screening and human judgment ensures cultural fit. At Tata Technologies, we balance intelligent tools with insight-driven hiring decisions. From Chemistry to Circularity: India's Breakthroughs in EV Battery Innovation Tata Technologies has gone all out to promote electric mobility. WATTSync is our digital battery passport that enables traceability, compliance, and circularity, capturing lifecycle data across the entire battery value chain. Why domain knowledge matters more than ever in an AI-driven world AI is now central to everything we do, blurring traditional boundaries. Tata Technologies’ core strength remains our deep domain knowledge and subject matter expertise, the enduring foundation of our differentiated value. AI is now central to everything we do, blurring traditional boundaries. Tata Technologies’ core strength remains our deep domain knowledge and subject matter expertise, the enduring foundation of our differentiated value. Traceability of EV battery life-cycles being a major challenge for the global EV industry The global EV industry faces a major challenge tracing every battery’s origin, performance, and end-of-life impact as regulations tighten worldwide. Tata Technologies’ WATTSync solves this with a digital battery passport that tracks the full lifecycle.
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. About Tata Technologies Tata Technologies (BSE: 544028, NSE: TATATECH) is a global product engineering and digital services company focused on fulfilling Its mission of helping the world drive, fly, build, and farm by enabling Its customers to realize better products and deliver better experiences. Tata Technologies is the strategic engineering partner businesses turn to when they aspire to be better. Manufacturing companies rely on Tata Technologies to enable them to conceptualize, develop and realize better products that are safer, cleaner, and improve the quality of life for all the stakeholders, helping us achieve our vision of #EngineeringABetterWorld. For more, visit us at https://www.tatatechnologies.com/ or learn more here. Follow us on Instagram, LinkedIn, Twitter, Facebook, and YouTube for the latest updates. 17
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© Copyright 2026 Tata Technologies. All rights reserved. All other trademarks are trademarks of their respective owners. 18 Contact Us Email: ir@tatatechnologies.com Desk Phone: +91 20 66529090 Name: Vijay Lohia For investor queries Email: Nikita.Crasta@adfactorspr.com Desk Phone: +91 22 67574600 Name: Nikita Crasta For media queries
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