**Automotive ER&D Services player**
**40% revenues from Tata motors**
**73% revenues from top 5 client**
Revenues 4500cr
PAT 620cr
Revenues have become 2x in 2 years, PAT 2.6x
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**BUSINESS**
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erstwhile a part of Tata Motors
**SERVICES Business (80% of revenues)**
1.Product engineering solutions
2.EV development capabilities
3. Digital threads
**Tech Solutions Business (20% of revenues)**
1.PRODUCTS Business- PLM APPLICATION SOFTWARE
2. EDUCATION Business- Proprietary e-learning platform
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**OPERATING METRICS**
**Product Segment wise % of total revenues FY23**
Services 80%
Tech Solns. 20%
Tech Solns. 20%
Total revenues 4410cr.
Out of 80% revenues from services, 71%( of total)is automotive sector.
**Revenues sourcing wise**
Onshore 49.6%
Offshore 50.4%
Offshore 50.4%
Attrition rate has 17%
Manpower utilization 87%
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**Deep dive below**
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[https://www.reddit.com/r/IndianStreetBets/comments/17y9wzt/tata\_technologies\_ipo\_analysis/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/IndianStreetBets/comments/17y9wzt/tata_technologies_ipo_analysis/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
View on r/IndianStreetBets by TheMoatInvestor