Tata Technologies (NSE:TATATECH) Net Current Asset Value: ₹19.15 (As of Mar. 2026) — 25% Below Median

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NSE:TATATECH Tata Technologies Ltd NSE:TATATECH
44 GF Score
Price ₹765.55
! 9 Warning Signs
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What is Tata Technologies Net Current Asset Value?

Tata Technologies NSE:TATATECH +0.87% 44 Net Current Asset Value is ₹19.15 as of Mar. 2026, which is 100% below its 10-year median of 25.64. GuruFocus rates NSE:TATATECH with a GF Score™ of 44/100. The stock has 9 warning signs investors should review. Among 1,758 Software companies, Tata Technologies ranks worse than 93.46% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Tata Technologies's net current asset value per share for the quarter that ended in Mar. 2026 was ₹19.15.

The historical rank and industry rank for Tata Technologies's Net Current Asset Value or its related term are showing as below:

NSE:TATATECH' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 17.32   Med: 25.64   Max: 39.98
Current: 39.98

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tata Technologies was 39.98. The lowest was 17.32. And the median was 25.64.

NSE:TATATECH's Price-to-Net-Current-Asset-Value is ranked worse than
93.46% of 1758 companies
in the Software industry
Industry Median: 4.71 vs NSE:TATATECH: 39.98

Tata Technologies  (NSE:TATATECH) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Tata Technologies Net Current Asset Value Related Terms


Tata Technologies Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tata Technologies's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tata Technologies Net Current Asset Value Chart

Tata Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial 25.69 39.08 39.82 39.15 19.15

Tata Technologies Quarterly Data
Mar20 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.15 0.00 36.09 0.00 19.15

NSE:TATATECH vs IBM, ACN, FISV: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Tata Technologies's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tata Technologies Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Tata Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Tata Technologies's Price-to-Net-Current-Asset-Value falls into.


NSE:TATATECH
44GF Score
Tata Technologies Ltd NSE:TATATECH
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tata Technologies Net Current Asset Value Calculation

Tata Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(58076.8-50300.9-0-0)/405.979
=19.15

Tata Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(58076.8-50300.9-0-0)/405.979
=19.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹19.15 mean?
Tata Technologies (NSE:TATATECH) has a Net Current Asset Value of ₹19.15 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tata Technologies and its competitors. This is 25% below median its historical median of 25.64. Over the past decade, Tata Technologies' Net Current Asset Value has ranged from 17.32 to 39.98. According to the industry distribution chart, Tata Technologies ranks #1643 out of 1758 companies in the Software industry, placing it in the top 93.5%.
Is Tata Technologies' Net Current Asset Value too high?
Tata Technologies' current Net Current Asset Value of ₹19.15 is 25% below median its 10-year median of 25.64. Over the past 10 years, this metric has ranged from a low of 17.32 to a high of 39.98. Based on the distribution chart, Tata Technologies ranks #1643 out of 1758 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tata Technologies has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Tata Technologies' Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Tata Technologies ranks #1643 out of 1758 companies for Net Current Asset Value. This places Tata Technologies in the lower half of its industry. The industry median Net Current Asset Value is 4.71. Historically, Tata Technologies' own Net Current Asset Value has ranged from 17.32 to 39.98 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Software company?
The median Net Current Asset Value among Software companies is 4.71, based on 1,758 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tata Technologies and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Technologies's current Net Current Asset Value is ₹19.15, which is 25% below median its own 10-year median of 25.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Technologies stock overvalued right now?
Tata Technologies (NSE:TATATECH) has a current Net Current Asset Value of ₹19.15. The current Net Current Asset Value is ₹19.15, which is 25% below median its 10-year median of 25.64. Tata Technologies' overall GF Score™ is 44/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Tata Technologies (NSE:TATATECH), the current Net Current Asset Value is ₹19.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tata Technologies Business Description

Other Exchanges 544028:India
Address Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411057
Tata Technologies Ltd is an engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries. The company's reportable segments are; Services, and Technology Solutions. A majority of its revenue is generated from the Services segment which includes providing outsourced engineering and designing services and digital transformation services to manufacturing clients. It generates revenue from India, North America, Europe, the United Kingdom, and other regions.
44GF Score

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