As of 6 Nov 2026, Taal Tech trades at 22.8× trailing earnings, above the industry P/E of 18.8×, and the shares are 26% below their 52-week high. Its ROCE of 30% is the highest among its 3 Airports & Air Services peers, and sales and net profit grew 7.4% and 22% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹1,422 Cr, ranked 2nd of 4 Airports & Air Services companies by market cap; the shares rose 8.7% over the past year.
- ₹925.60
- ₹927.50
- ₹899.05
- ₹925.90
- 13K
Health check
- ReturnsModest
+8.7% over the past year.
- Price tagPricier
P/E 22.8 vs industry 18.8.
- GrowthSteady
Sales +7.4%, profit +22.0% a year over 3 years.
- ProfitabilityStrong
ROCE 30.5%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,422 Cr
- Small cap
- P/E
- 22.8
- Industry 18.8
- Price to book
- 5.80
- Peers −21.81
- Dividend yield
- 0.00%
- ROE
- 25.3%
- Return on equity
- ROCE
- 30.5%
- Peers 5.5%
- Debt to equity
- 0.00
- Debt ₹0.91 Cr
- EPS (TTM)
- ₹40.07
- Face value ₹2
- OPM (TTM)
- 28.7%
- Net margin 28.8%
- Sales growth
- +41.6%
- Latest quarter vs a year ago
- Profit growth
- +41.7%
- Latest quarter vs a year ago
- Price to sales
- 6.57
- EV/EBITDA 22.6
Strengths and risks
Strengths
- Return on equity of 25.3%.
- Return on capital employed of 30.5%.
- Practically debt-free.
- Quarterly profit up 41.7% on a year ago.
- Quarterly sales up 41.6% on a year ago.
About Taal Tech
TAAL Tech Limited provides engineering design services in India and internationally. The company offers BIM services, engineering design and analysis, manufacturing engineering services, integrated project delivery, integrated asset management, center of excellence, technical publication, and digital twin services, as well as digital support services. It serves the architecture, engineering, and construction; plant engineering; aerospace engineering;…
- Headquarters
- Bengaluru
- Employees
- 521
- Sector
- Industrials
- ISIN
- INE524T01029
- Website
- taaltech.com
Price range
- Avg volume (3M)
- 66.8K
- 1-year return
- plus 8.7%
- From 52-week high
- minus 26.0%
Peers · Airports & Air Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GMRAIRPORTGMR Airports | 98.75 | minus 0.55% | 1,05,277 | 240.9 | −43.25 | 10.4% | – | 26.6% | 31.8% | – | 0.00% | plus 4.4% |
| TAALTECHTaal Tech | 912.60 | minus 1.44% | 1,422 | 22.8 | 5.80 | 30.5% | 25.3% | 28.7% | 7.4% | 22.0% | 0.00% | plus 8.7% |
| DREAMFOLKSDreamfolks Services | 58.67 | minus 0.91% | 313 | – | 1.00 | 5.5% | 3.8% | −13.9% | −5.1% | −45.8% | 0.00% | minus 53.5% |
| GLOBALVECTGlobal Vectra Helicorp | 126.17 | minus 2.81% | 177 | – | −21.81 | −4.3% | −490.7% | −13.8% | 8.2% | – | 0.00% | minus 42.7% |
| Median of 3 peers | – | −0.91% | 313 | 240.9 | −21.81 | 5.5% | −243.5% | −13.8% | 8.2% | −45.8% | 0.00% | −42.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 45.8 | 48.8 | 45.8 | 57 | 64.8 | |
| 31.5 | 34.7 | 35.6 | 40.4 | 43.7 | |
| 14.3 | 14.2 | 10.2 | 16.7 | 21.2 | |
| 31.2% | 29.0% | 22.2% | 29.2% | 32.6% | |
| 4.6 | 5.2 | 5.3 | 3.9 | 4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0 | |
| – | – | 0.4 | – | – | |
| 18.8 | 19.3 | 15.8 | 20.5 | 25.1 | |
| 27.0% | 26.1% | 26.6% | 16.3% | 22.6% | |
| 13.7 | 14.3 | 11.6 | 17.2 | 19.4 | |
| 8.80 | 9.16 | 7.43 | 11.01 | 12.47 |
Profit & loss
- Sales CAGR 3Y
- +7.4%
- Profit CAGR 3Y
- +22.0%
- EPS CAGR 3Y
- +22.0%
- ROE
- 25.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 159 | 187 | 185 | 197 | |
| – | +17.4% | minus 0.9% | +6.6% | |
| 116 | 140 | 126 | 138 | |
| 43.6 | 47.3 | 59 | 59.5 | |
| 27.4% | 25.3% | 31.9% | 30.2% | |
| 6.6 | 5.7 | 8.2 | 6.7 | |
| 1.5 | 1.2 | 0.6 | 0.3 | |
| 5.2 | 6.3 | 5.5 | 4 | |
| 0.8 | 4.8 | 5.6 | 12.4 | |
| 44.3 | 50.3 | 66.6 | 74.4 | |
| 29.5% | 26.1% | 26.8% | 23.7% | |
| 31.2 | 37.2 | 48.8 | 56.7 | |
| – | +19.0% | +31.3% | +16.3% | |
| 20.04 | 23.84 | 31.31 | 36.40 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.1 | 3.1 | 3.1 | 3.1 | |
| 121 | 159 | 201 | 242 | |
| 9.4 | 6.8 | 3.9 | 0.9 | |
| 22.6 | 21.2 | 19.9 | 24.9 | |
| 156 | 190 | 228 | 271 | |
| 13.1 | 10 | 5.3 | 2.5 | |
| 8 | – | 29.5 | 17.4 | |
| 76.6 | 123 | 137 | 154 | |
| 58.4 | 57.4 | 56.1 | 96.7 | |
| 156 | 190 | 228 | 271 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 22 | 34.4 | 41 | 18.7 | |
| −5.1 | −31 | −33 | 1.5 | |
| −22.5 | −4.1 | −11.4 | −23.6 | |
| −5.6 | −0.7 | −3.4 | −3.4 | |
| −3.2 | −2.9 | −1.6 | −0.1 | |
| 18.7 | 31.5 | 39.4 | 18.6 | |
| −7 | – | −7.8 | −20.3 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.5% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.