# TAAL Tech share price today (TAAL Tech Ltd, NSE: TAALTECH) > TAAL Tech share price today: ₹996.85 at the NSE close on 3 November 2026, up 57.1% in a year. TAAL Tech (NSE: TAALTECH) is worth ₹1,553 crore, trades at a P/E of 25.0 and has closed between ₹548.88 and ₹1,094.60 over the past 52 weeks. > TAAL Tech Ltd's share price has risen faster than its earnings: +57.1% in a year, against +16.2% for earnings per share. TAALTECH · IT - ER&D · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/taal-tech-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting better, from the last 12 quarters - Price: ₹996.85 (+57.1% in a year) - P/E: 25.0× (higher than 95% of the last 9.1 years) - Revenue (Jun 2026): ₹65.0 Cr (+41.3% on a year ago) - Profit (Jun 2026): ₹19.0 Cr (+35.7% on a year ago) - Operating margin: 34.0% (+1.0 points on a year ago) - ROCE: 27%, FY26 - ROIC: 32.9%, against a 12.0% cost of capital: +20.9 points The main question: the share price moved +57.1% in a year while yearly earnings per share moved +16.2%. The difference came from the market paying a higher multiple. ## What is the TAAL Tech share price today? TAAL Tech Ltd's share price was ₹996.85 at the close on 3 November 2026. It has been rising for 22 weeks. That is 27.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹549 and ₹1,095, and at that close it sat 82% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 32 weeks in a row. Over the last 10 years the share price moved +1,868% while the NIFTY 500 moved +205%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at TAAL Tech this quarter? Two changes stood out: highest quarterly profit in 15 quarters and highest quarterly revenue in 15 quarters. 1. Highest quarterly profit in 15 quarters Profit of ₹19 crore in the June 2026 quarter is the highest of the last 15 quarters. 2. Highest quarterly revenue in 15 quarters Revenue of ₹65 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are TAAL Tech's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), TAAL Tech reported revenue of ₹65.0 crore, up 41.3% from ₹46.0 crore a year earlier, and a profit of ₹19.0 crore, up 35.7% from ₹14.0 crore. ### TAAL Tech results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹65.0 crore | ₹46.0 crore | +41.3% | | Profit | ₹19.0 crore | ₹14.0 crore | +35.7% | | Earnings per share | ₹12.46 | ₹8.79 | +41.8% | | Operating margin | 34.0% | 33.0% | +1.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the TAAL Tech share price history? TAAL Tech closed at ₹996.85 on 3 November 2026, up 57.1% from ₹634.62 a year earlier (31 October 2025) and up 251.3% over five years. Its highest weekly close since July 2016 was ₹1,094.60 on 28 September 2026. ### TAAL Tech share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹861.35 | +15.7% | | 1 month ago · 1 Oct 2026 | ₹946.05 | +5.4% | | 6 months ago · 30 Apr 2026 | ₹591.80 | +68.4% | | 1 year ago · 31 Oct 2025 | ₹634.62 | +57.1% | | 3 years ago · 3 Nov 2023 | ₹435.82 | +128.7% | | 5 years ago · 4 Nov 2021 | ₹283.75 | +251.3% | | 10 years ago · 4 Nov 2016 | ₹40.52 | +2,360.1% | | Earliest weekly close in our records · 8 Jul 2016 | ₹50.66 | +1,867.7% | | Highest weekly close since July 2016, also the 52-week high · 28 Sep 2026 | ₹1,094.60 | −8.9% | | Lowest weekly close since July 2016 · 3 Apr 2020 | ₹18.77 | +5,210.9% | | 52-week low (weekly close) · 2 Apr 2026 | ₹548.88 | +81.6% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (543 weekly closes from 8 July 2016 to 3 November 2026.) ## What is the latest news on TAAL Tech? 3 Nov 2026: TAAL Tech closed at ₹996.85, up 15.7% on the week and up 5.4% on the month. 22 Sep 2026: Share split: face value cut from ₹10 to ₹2 a share (ex-date). ### Earlier - Our read, 19 Jul 2026: Working capital has bloated significantly with debtor days extending, driving poor cash conversion in the latest fiscal year. - Results for April to June 2026: Revenue up 41.3% and profit up 35.7% on a year earlier. ### Our read of the business Working capital has bloated significantly with debtor days extending, driving poor cash conversion in the latest fiscal year. (Our read after the latest results, written 19 July 2026.) ## What dividend does TAAL Tech pay? The NSE corporate-actions record has no dividend for TAAL Tech since 1 April 2021, so this page cannot show amounts per share. Yes. TAAL Tech Ltd paid out 36% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 11 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What is the future of TAAL Tech? What is changing in the business? What is changing at TAAL Tech, from the latest results and calls: margin mean reversion. - Margin Mean Reversion. Current peak margins of 31% are likely to compress toward historical averages. ✓ fact We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the latest results, written 19 July 2026.) ## What could change the TAAL Tech story? What are the risks? Working capital days normalizing below 75 alongside operating margins stabilizing above 25% for three consecutive quarters without relying on treasury income. ### Each change stops working if - Margin Mean Reversion: Management demonstrates that the margin expansion is due to a permanent shift to higher-value ER&D services. ### The main risks - Working Capital Deterioration: Receivables bloat is destroying cash flow generation. ⚠ estimate - Treasury Income Dependence: A third of the bottom line is non-operating. ⚠ estimate (Our read after the latest results, written 19 July 2026.) ## What to watch in TAAL Tech's next results? When TAAL Tech reports July to September 2026, these are the 2 checks that show whether the story is still on course. First: Further extension of debtor days beyond 100 in upcoming results. | What to check | Why | | --- | --- | | Further extension of debtor days beyond 100 in upcoming results. | Working Capital Deterioration | | A drop in treasury yields causing an outsized hit to EPS. | Treasury Income Dependence | ## Which stock lists is TAAL Tech on? TAAL Tech is on one of our India lists: IT stocks. [IT stocks Market value (₹ crore): 1346.4665626125586](https://www.sectoralpha.in/sectors/it-stocks-india) ## Is TAAL Tech profitable? TAAL Tech Ltd earned ₹19.0 Cr of net profit in the Jun 2026 quarter, +35.7% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹57.0 Cr. That is 29.2% of the quarter's revenue. The same quarter a year earlier earned ₹14.0 Cr. For the full year, FY26 profit was ₹57.0 Cr (+16.3% on the year before). Why profit moved: revenue changed +41.3% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +20.0% and revenue +18.8%. Profit and revenue are moving at about the same pace. FY26-Q4. revenue ₹57 Cr and profit ₹17 Cr as reported. FY27-Q1. revenue ₹65 Cr and profit ₹19 Cr as reported. Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters. ## How much revenue does TAAL Tech make, and is it growing? TAAL Tech Ltd reported ₹65.0 Cr of revenue in the Jun 2026 quarter, +41.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 11.6% a year on average. The last full year, FY26, came in at ₹197 Cr. The last four reported quarters add to ₹217 Cr. FY26 revenue was ₹197 Cr, +6.5% on the year before. Recent pace: the last four quarters grew +18.8% on average, against 11.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +18.6%, against +8.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +19.2%, against +24.5% a year (rolling over). FY26-Q4. revenue ₹57 Cr and profit ₹17 Cr as reported. FY27-Q1. revenue ₹65 Cr and profit ₹19 Cr as reported. Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does TAAL Tech keep? TAAL Tech Ltd's operating margin was 34.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 11 years it has been between 6.0% and 32.0%. The latest quarter is above every full year in that period. Why this happened. The company is operating at cyclical margin highs. Without structural commentary to defend this level, the base expectation is a reversion to the historical 20-25% band, which will drag on future earnings. Why the margin moved: operating margin changed +0.6 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. FY26-Q4. revenue ₹57 Cr and profit ₹17 Cr as reported. FY27-Q1. revenue ₹65 Cr and profit ₹19 Cr as reported. Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters. ## Is TAAL Tech's profit turning into cash? Over the last 3 years, 66% of TAAL Tech Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹19.0 Cr of operating cash against ₹57.0 Cr of profit. After ₹1.0 Cr of spending on assets, ₹18.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 66% of profit came in as cash: the cash cycle got 36 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 36 days longer. The next section looks at where the cash is stuck. ## Where does TAAL Tech's cash go? TAAL Tech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 96 days in FY26, up from 60 days in FY21. It spent ₹5.0 Cr on assets over the last 3 years. At FY26 sales of ₹197 Cr, each day of that cycle ties up about ₹0.5 Cr, so roughly ₹52.0 Cr is tied up in the business at any time. Spending on assets: ₹5.0 Cr over the last 3 years, against ₹16.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is TAAL Tech's P/E ratio, and how does it compare with its own history? TAAL Tech Ltd's P/E is 25.0×, near the high end of its own history: higher than 95% of past readings. Its usual P/E (the middle reading) is 16.2×, over 9.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +16.2% while the price moved +57.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +28.6% a year; about +12.6% a year came from earnings growth and about +16.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the TAAL Tech share price assume? Worked out from its price on 27 August 2026, TAAL Tech Ltd's share price assumed profit growth of about 11.6% a year. Today its P/E is 25.0×, higher than 95% of its own last 9.1 years. This is a one-day reading, taken on 27 August 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the TAAL Tech business getting better or worse? TAAL Tech Ltd's business is getting better. EPS growth hit its low 8 quarters ago at −62.0% and has recovered to +20.7%, with ROCE steady at 36.0%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## What is the TAAL Tech story, and has it been checked? TAAL Tech Ltd's story is not scored yet against the checks our research set on 19 July 2026. Where it sits in its own cycle: Not stated in the research file. Still open: Working capital days normalizing below 75 alongside operating margins stabilizing above 25% for three consecutive quarters without relying on treasury income. Our read, 19 July 2026. From the numbers. From the price. Price stage 2, week 22, above its 200-day line, relative strength falling. From the research. Where they disagree. What is proven. What is not proven yet. Working capital days normalizing below 75 alongside operating margins stabilizing above 25% for three consecutive quarters without relying on treasury income. What would change our mind. Working capital days normalizing below 75 alongside operating margins stabilizing above 25% for three consecutive quarters without relying on treasury income. The test written in advance. Working capital days normalizing below 75 alongside operating margins stabilizing above 25% for three consecutive quarters without relying on treasury income. Measured by: the thesis as written as stated by the next result. The test written in advance. Working Capital Deterioration. Measured by: Working Capital Deterioration Further extension of debtor days beyond 100 in upcoming results. by the next result. The test written in advance. Treasury Income Dependence. Measured by: Treasury Income Dependence A drop in treasury yields causing an outsized hit to EPS. by the next result. What the surface reading misses. The surface reading is: Great margin profile at 31%. What the surface reading misses. The surface reading is: PAT grew to 57 Cr. The research reads it further: 19 Cr of the 57 Cr PAT (33%) is treasury-style other income, diluting core operating growth. Sources: our stock research file (19 July 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## How much does TAAL Tech earn on its capital? TAAL Tech Ltd earned a ROCE of 27% in FY26. Its return on capital used (ROIC) is 20.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 28.9% net margin and 0.73× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 28.9% net margin × 0.73× asset turnover × 1.11× leverage (assets divided by equity) ≈ 23.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 32.9% − 12.0% = +20.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 32.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 51.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does TAAL Tech have too much debt? TAAL Tech Ltd has total debt of ₹1.0 Cr against shareholder equity of ₹245 Cr as of Jun 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.09 in FY22 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the TAAL Tech shareholding pattern? No group of TAAL Tech Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.4 points over the same period, to 1.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.5 points over 8 quarters, to 0.5%; Foreign institutions: −0.4 points over 8 quarters, to 1.8%; Promoters: −0.2 points over 8 quarters, to 50.8%. ## How far is TAAL Tech from balance-sheet trouble? For TAAL Tech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does TAAL Tech rank in its industry? 62.2 out of 100, rank 2 of 8 in IT - ER&D, with 81% of the evidence available. TAAL Tech Ltd scores 62.2 out of 100 against the 8 companies it is compared with in IT - ER&D, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.9 + 17.6 + 11.7 + 12 = 62.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is TAAL Tech compared with? TAAL Tech ranks 2 of 8 IT - ER&D companies on the 4-Factor Sector Score, with 62.2 out of 100. 1. [Onward Technologies Ltd](https://www.sectoralpha.in/stocks/onward-technologies-ltd) ONWARDTEC · leader · Most evidence points up · 78% evidence 70.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 13.2% · Profit 17.1% · Operating margin change 2 points · 100% evidence Capital efficiency 15.6/25 · ROCE 22.9% · Operating margin 16% · 100% evidence Valuation 16.5/20 · P/E 17.1× · PEG 0.38 · 65% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 41.1% · 1 year 26.5% · 25% evidence · 10 of 12 weeks ahead Exact sum: 26 + 15.6 + 16.5 + 12.5 = 70.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. TAAL Tech Ltd this page TAALTECH · leader · Evidence leans up · 81% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 18.6% · Profit 19.2% · Operating margin change 1 points · 88% evidence Capital efficiency 17.6/25 · ROCE 27.5% · Operating margin 34% · 100% evidence Valuation 11.7/20 · P/E 20.9× · PEG 1.13 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 24.3% · 1 year 31.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 20.9 + 17.6 + 11.7 + 12 = 62.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [L&T Technology Services Ltd](https://www.sectoralpha.in/stocks/l-t-technology-services-ltd) LTTS · breaking out · Evidence leans up · 85% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue 9.2% · Profit 20.9% · Operating margin change 2 points · 100% evidence Capital efficiency 15.7/25 · ROCE 26.7% · Operating margin 19% · 100% evidence Valuation 7.1/20 · P/E 32.6× · PEG 2.86 · 100% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 22.7% · 1 year 3.9% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.7 + 15.7 + 7.1 + 11.6 = 61.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Persistent Systems Ltd](https://www.sectoralpha.in/stocks/persistent-systems-ltd) PERSISTENT · leader · Evidence leans up · 100% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 27.1% · Profit 8.3% · Operating margin change -5 points · 100% evidence Capital efficiency 18.9/25 · ROCE 34.4% · Operating margin 14% · 100% evidence Valuation 8.6/20 · P/E 53.6× · PEG 1.46 · 100% evidence Relative strength 9.8/20 · Lead over its industry 2.4% · Lead over NIFTY 500 15.6% · 1 year 2.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17.9 + 18.9 + 8.6 + 9.8 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Tata Elxsi Ltd](https://www.sectoralpha.in/stocks/tata-elxsi-ltd) TATAELXSI · turning · Evidence leans down · 100% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue 10% · Profit 0% · Operating margin change 1 points · 100% evidence Capital efficiency 18.4/25 · ROCE 30% · Operating margin 22% · 100% evidence Valuation 6.7/20 · P/E 32.8× · PEG 5.23 · 100% evidence Relative strength 3.9/20 · Lead over its industry -18.6% · Lead over NIFTY 500 -7.9% · 1 year -30.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 16.7 + 18.4 + 6.7 + 3.9 = 45.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 6. [Tata Technologies Ltd](https://www.sectoralpha.in/stocks/tata-technologies-ltd) TATATECH · quiet · Evidence leans down · 85% evidence 40.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue 21.9% · Profit -18.9% · Operating margin change 0 points · 100% evidence Capital efficiency 11.0/25 · ROCE 20.9% · Operating margin 16% · 100% evidence Valuation 5.9/20 · P/E 40× · PEG 7.27 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 0.4% · 1 year -6.5% · 25% evidence · 3 of 12 weeks ahead Exact sum: 14 + 11 + 5.9 + 9.4 = 40.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Cyient Ltd](https://www.sectoralpha.in/stocks/cyient-ltd) CYIENT · breaking out · Evidence leans down · 67% evidence 37.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 10.3% · Profit -34.2% · Operating margin change 2 points · 95% evidence Capital efficiency 7.8/25 · ROCE 12.3% · Operating margin 14% · 76% evidence Valuation 6.8/20 · P/E 30.6× · PEG n/a · 50% evidence Relative strength 11.1/20 · Lead over its industry n/a · Lead over NIFTY 500 19.5% · 1 year -2.4% · 25% evidence · 10 of 12 weeks ahead Exact sum: 12.2 + 7.8 + 6.8 + 11.1 = 37.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [KPIT Technologies Ltd](https://www.sectoralpha.in/stocks/kpit-technologies-ltd) KPITTECH · basing · Evidence leans down · 85% evidence 37.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.6/35 · Revenue 9.2% · Profit -31.1% · Operating margin change -3 points · 100% evidence Capital efficiency 15.5/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 9.4/20 · P/E 25.2× · PEG 6.64 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -29.4% · 1 year -54.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 4.6 + 15.5 + 9.4 + 7.5 = 37 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - ER&D](https://www.sectoralpha.in/sectors/it-er-d), all 8 compared on one page. ## Which companies are close to TAAL Tech in size? TAAL Tech is the 7th largest of 8 IT - ER&D companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: L&T Technology Services, Tata Technologies, Tata Elxsi, KPIT Technologies and Cyient. Just below it: Onward Technologies. ### IT - ER&D companies close in size 1. [L&T Technology Services Ltd](https://www.sectoralpha.in/stocks/l-t-technology-services-ltd) ₹45,411 crore 2. [Tata Technologies Ltd](https://www.sectoralpha.in/stocks/tata-technologies-ltd) ₹26,276 crore 3. [Tata Elxsi Ltd](https://www.sectoralpha.in/stocks/tata-elxsi-ltd) ₹23,614 crore 4. [KPIT Technologies Ltd](https://www.sectoralpha.in/stocks/kpit-technologies-ltd) ₹14,536 crore 5. [Cyient Ltd](https://www.sectoralpha.in/stocks/cyient-ltd) ₹12,615 crore 6. TAAL Tech Ltd ₹1,298 crore 7. [Onward Technologies Ltd](https://www.sectoralpha.in/stocks/onward-technologies-ltd) ₹854 crore [All 8 IT - ER&D companies, largest first](https://www.sectoralpha.in/sectors/it-er-d#all-companies) ### Companies close in size in other industries 1. [Shalby Ltd](https://www.sectoralpha.in/stocks/shalby-ltd) ₹1,303 crore · Hospitals 2. [Shankesh Jewellers Ltd](https://www.sectoralpha.in/stocks/shankesh-jewellers-ltd) ₹1,300 crore 3. TAAL Tech Ltd ₹1,298 crore 4. [India Pesticides Ltd](https://www.sectoralpha.in/stocks/india-pesticides-ltd) ₹1,297 crore · Pesticides/Agrochemicals 5. [Sanghi Industries Ltd](https://www.sectoralpha.in/stocks/sanghi-industries-ltd) ₹1,289 crore · Cement Products ## What else do people ask about TAAL Tech? ### What is TAAL Tech's share price today? TAAL Tech Ltd's share price is ₹996.85, +57.1% over the past year. The whole company is worth ₹1,553 Cr on the market. In the last 52 weeks it traded between ₹549 to ₹1,095; today it is 82% of the way up from the low, 27.4% above its 200-day average (as of 3 November 2026). ### What were TAAL Tech's latest quarterly results? TAAL Tech Ltd reported revenue of ₹65.0 Cr and net profit of ₹19.0 Cr for the Jun 2026 quarter. Revenue rose 41.3% and profit rose 35.7% compared with a year earlier. Earnings per share were ₹12.46. The operating margin was 34.0%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is TAAL Tech's market cap? TAAL Tech Ltd's market capitalisation is ₹1,553 Cr at a share price of ₹996.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### What is TAAL Tech's P/E ratio? TAAL Tech Ltd's P/E is 25.0×, higher than 95% of its own last 9 years. Its usual level (the middle reading) is 16.2×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 3 November 2026). ### How is TAAL Tech valued against its own history? Against its own history, TAAL Tech Ltd's valuation is high: its P/E of 25.0× is higher than 95% of its last 9 years (usual level 16.2×). This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next (as of 3 November 2026). ### How is TAAL Tech performing? TAAL Tech Ltd's share price has been rising for 22 weeks. In its latest quarter, revenue rose 41.3% and profit rose 35.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 32 weeks running (as of 3 November 2026). ### Will TAAL Tech's share price go up? This page does not forecast TAAL Tech Ltd's share price. What it shows instead: the share price is ₹996.85, and it has been rising for 22 weeks. Its P/E of 25.0× is higher than 95% of its own last 9 years (as of 3 November 2026). ### Who owns TAAL Tech? Promoters own 50.8% of TAAL Tech Ltd, foreign institutions 1.8%, domestic institutions 0.5% and the public 46.9% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does TAAL Tech have too much debt? No, TAAL Tech Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 59 times its interest bill. FY26 borrowings were ₹1.0 Cr against equity of ₹245 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is TAAL Tech in its business cycle? TAAL Tech Ltd's FY26 operating margin was 30.0%, against a 11-year range of 6.0% to 32.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 34.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the TAAL Tech story? The main question: the share price moved +57.1% in a year while yearly earnings per share moved +16.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is TAAL Tech a stock worth studying right now? What the numbers show: TAAL Tech Ltd's share price has risen faster than its earnings: +57.1% in a year, against +16.2% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a TAAL Tech share price forecast for 2026? What is changing at TAAL Tech, from the latest results and calls: margin mean reversion. What would change the story: Working capital days normalizing below 75 alongside operating margins stabilizing above 25% for three consecutive quarters without relying on treasury income. ## Lists - IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india This is research, not advice. We’re not SEBI-registered.