TAALTECH
Taal Tech share price & financials
- Price
- ₹3,933
- Market cap
- ₹1.7k Cr
- Sector
- Services
Quarterly results
Q1 FY27: revenue up 41.3%, net profit up 35.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 43 | 45 | 46 | 49 +0% | 46 +7% | 57 +27% | 65 +41% |
| EBITDA | 17 | 13 | 14 | 15 | 15 −12% | 11 −15% | 18 +29% | 22 +47% |
| Net profit | 15 | 11 | 12 | 14 | 14 −7% | 12 +9% | 17 +42% | 19 +36% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +74.9% 1Y
1Y: ₹3,074.05 on 10 Sept 2025 → ₹5,375.5. High ₹5,375.5 (11 Sept 2026), low ₹2,666.15 (4 Mar 2026).
Financials, as filed
Revenue grew 3.2% a year over 2 years, FY24 to FY26. Operating margin widened to 29.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹186 Cr | ₹185 Cr | ₹198 Cr |
| Operating profit | ₹46 Cr | ₹58 Cr | ₹59 Cr |
| Operating margin | 24.7% | 31.4% | 29.8% |
| Interest | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹7 Cr | ₹5 Cr | ₹4 Cr |
| Net profit | ₹38 Cr | ₹49 Cr | ₹57 Cr |
| Net margin | 20.4% | 26.5% | 28.8% |
| Cash from operations | ₹34 Cr | ₹41 Cr | ₹19 Cr |
| Free cash flow | ₹32 Cr | ₹39 Cr | ₹19 Cr |
| ROCE | 31.0% | 33.0% | 27.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Reserves | ₹73 Cr | ₹96 Cr | ₹121 Cr | ₹159 Cr | ₹220 Cr | ₹242 Cr |
| Borrowings | ₹0 Cr | ₹9 Cr | ₹9 Cr | ₹7 Cr | ₹2 Cr | ₹1 Cr |
| Other liabilities | ₹34 Cr | ₹31 Cr | ₹23 Cr | ₹21 Cr | ₹24 Cr | ₹25 Cr |
| Total liabilities | ₹111 Cr | ₹138 Cr | ₹156 Cr | ₹190 Cr | ₹250 Cr | ₹271 Cr |
| Fixed assets | ₹1 Cr | ₹12 Cr | ₹14 Cr | ₹10 Cr | ₹4 Cr | ₹3 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹5 Cr | ₹24 Cr | ₹60 Cr | ₹131 Cr | ₹144 Cr |
| Other assets | ₹109 Cr | ₹121 Cr | ₹119 Cr | ₹120 Cr | ₹114 Cr | ₹124 Cr |
| Total assets | ₹111 Cr | ₹138 Cr | ₹156 Cr | ₹190 Cr | ₹250 Cr | ₹271 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −0.10 pp. The shareholder count shrank 23% to 11,382.
- Promoters
- 50.8%
- FIIs
- 2.3%
- DIIs
- 0.2%
- Public
- 46.7%
Since Jun 2025
- Public −0.10 pp
- FIIs +0.07 pp
- DIIs +0.03 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 51.1%, FIIs 2.2%, DIIs 0.5%, Public 46.2%.Dec '23: Promoters 51.0%, FIIs 2.2%, DIIs 0.0%, Public 46.8%.Mar '24: Promoters 51.0%, FIIs 2.2%, Public 46.8%.Jun '24: Promoters 51.0%, FIIs 2.2%, Public 46.8%.Sep '24: Promoters 51.0%, FIIs 2.2%, Public 46.8%.Dec '24: Promoters 51.0%, FIIs 2.2%, DIIs 0.2%, Public 46.6%.Mar '25: Promoters 50.8%, FIIs 2.2%, DIIs 0.2%, Public 46.8%.Jun '25: Promoters 50.8%, FIIs 2.2%, DIIs 0.2%, Public 46.8%.Sep '25: Promoters 50.8%, FIIs 2.3%, DIIs 0.4%, Public 46.5%.Dec '25: Promoters 50.8%, FIIs 2.3%, DIIs 0.4%, Public 46.5%.Mar '26: Promoters 50.8%, FIIs 2.3%, DIIs 0.4%, Public 46.5%.Jun '26: Promoters 50.8%, FIIs 2.3%, DIIs 0.2%, Public 46.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Prakash Chandra Modi +0.06 pp 1.51% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Taal Tech Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vishkul Enterprises Private Ltd | 50.74% | unchanged |
| Mukul Mahavir Agrawal | 8.92% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.95% | unchanged |
| Aegis Investment Fund Pcc FPI fund | 1.95% | unchanged |
| Dheeraj Kumar Lohia | 1.90% | unchanged |
| Prakash Chandra Modi | 1.51% | +0.06 pp |
| Equity Intelligence India Private Limited | 1.47% | −0.23 pp |
| V Naga Raja Naidu | 1.24% | unchanged |
| Harsha Venkatesh | 1.02% | unchanged |
| Salil Baldev Taneja | 0.04% | unchanged |
| Asscher Enterprises Limited | 0.02% | unchanged |
| Baldevraj Topanram Taneja | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹5376, this stock must grow earnings at 20% every year for 7 years. Our analysis caps realistic growth at ~24%. At that growth it is worth ₹6376 — upside of 19%.
- Growth the price implies
- 20.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 22.5% a year
- net profit, FY24–FY26 · EPS 23.6%
- The gap
- -0.0 pp
- 19% downside if it only repeats history
Learn to analyse Taal Tech Limited
Guides on how to read this kind of business and the numbers that matter.