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Tata Technologies Signals Double-Digit FY27 Growth as Q3FY26 Margins Stabilise

Written by: Akshay ShivalkarUpdated on: 19 Jan 2026, 7:17 pm IST
Warren Harris expects over 10% sequential revenue growth in Q4FY26 as Tata Technologies recovers from a client cyber‑attack and benefits from ES‑Tec integration.
Tata Technologies Signals Double-Digit FY27 Growth as Q3FY26 Margins Stabilise
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Tata Technologies’ MD and CEO, Warren Kevin Harris, has expressed confidence in delivering double‑digit top‑line growth in FY27 as reported by CNBC TV18. He noted that the company expects more than 10% sequential revenue growth in Q4FY26 after a $3 million revenue impact from a cyber‑attack at a large client in the previous quarter.

The recovery is expected to be driven by organic demand and further aided by the integration of the ES‑Tec acquisition. Harris also indicated that the ongoing rebound in automotive engineering and R&D activity is strengthening the company’s outlook.

Q3FY26 Operating Performance and Margin Trends

In the October–December period (Q3FY26), Tata Technologies reported revenue of ₹152.7 crore, profit after tax of ₹6.6 crore, and margins of 14.1%. The company confirmed that the cyber‑attack‑related disruption in Q3FY26 affected financial performance, but normalisation is expected in Q4FY26 as operations at the impacted client stabilise.

After adjusting for the one‑off cyber‑attack costs, margins would have been closer to 16.5% in the prior quarter, reflecting underlying operational strength. Management reiterated that it aims to bring Q4FY26 margins back toward that level as part of a gradual recovery trajectory.

ES‑Tec Integration and Organic Demand

Tata Technologies’ leadership highlighted that sequential Q4FY26 growth will be supported by the ES‑Tec acquisition, which is contributing incremental volumes. According to Harris, about 4–5% of the expected >10% sequential revenue growth will come from ES‑Tec, with the remainder driven by organic business momentum.

The company noted that the integration process is progressing smoothly, enabling a broader service portfolio across engineering and digital capabilities. Harris added that improved operational visibility is helping the company regain growth momentum heading into FY27.

Tata Technologies Share Price Performance

On January 19, 2026, Tata Technologies share price opened at ₹639.25, compared to the previous close of ₹650.60. During the session, as of 1:47 PM IST, the stock had touched a high of ₹679.00 and a low of ₹638.80, and was trading at ₹662.80, up by 1.88%.

The stock recorded a traded volume of 38.48 lakh shares and a traded value of ₹257.76 crore on the NSE. The market capitalisation stood at ₹26,884.57 crore.

Read More: IEX Share Price Slips as Market Coupling Uncertainty Continues.

Conclusion

Tata Technologies’ management remains optimistic about delivering double‑digit revenue growth in FY27, backed by sequential growth recovery in Q4FY26 and the continued integration of ES‑Tec. Margin stabilisation, improved utilisation, and expanding demand in automotive engineering are expected to support the company’s performance over the next year.

Q3FY26 was affected by a cyber‑attack‑related disruption, but the company expects a return to normal operating levels in the quarters ahead. The overall outlook reflects strengthening business fundamentals and a more favourable sector environment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 19, 2026, 1:46 PM IST

Akshay Shivalkar

Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.

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