Annual Report 2023-24

Company overview

DESIGNING THE FUTURE

Tata Consulting Engineers Limited (TCE) stands at the forefront of engineering excellence and innovation, committed to designing sustainable and future-ready solutions that address global challenges. As an integral part of the Tata Group, TCE adheres to the ethos of leadership with trust, empowering communities and pioneering industries.

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Statistics

CORPORATE SNAPSHOT

0+

Years of
Engineering
Excellence

0 Cr

Total
Consolidated
Income in
FY 2023-24

0+

Projects
Delievered

$0 Bn

Worth Projects
Under
Management

in 0+

Countries

0

Workforce on
31st March
2024

00

Patents

0 Cr

Business
Acquisition

FY 2023-24

PERFORMANCE HIGHLIGHTS

(Figures in ₹ Cr)

Financial Capital

The financial year 2023-24 was a landmark period for the Company, marked by significant achievementsand milestones that accentuate our commitment to designing the future.

Social & Relationship Capital

Guided by flagship programs and numerous volunteering initiatives, TCE actively fulfils its social responsibility.

Manufactured Capital

TCE's manufactured capital encompasses the materials, equipment, tools, and technologies utilised throughout various stages of project design, engineering, construction, maintenance, and management.

Intellectual Capital

The technology group of TCE serves as the driving force behind the Company's intellectual capital.

Human Capital

At TCE, our people are our most valuable asset. Our talent's collective skills, knowledge, and capabilities are essential in meeting and surpassing customer expectations.

Natural Capital

At TCE, we prioritise efficient operations and the optimal use of natural resources to minimise the environmental impact of all our business activities.

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CHAIRMAN’S
STATEMENT

CHAIRMAN’S STATEMENT

The fiscal year 2023-24 was marked by significant achievements, led by a revenue growth of 24%. Domestic revenues accounted for 66%, while international business contributed 34% of the total revenue. We surpassed the ₹1,400 crore mark, achieving a consolidated total income of ₹1,406 crores.

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MANAGING DIRECTOR'S STATEMENT

Our strategic focus was on decarbonisation, sustainability, and electrification. We launched several initiatives in these areas, including a strategic project for a global steel major, our inaugural Gigafactory for EV Cell manufacturing, and various assignments in green energy solutions such as Pumped Hydro Storage and Green Ammonia plants.

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MANAGING DIRECTOR'S STATEMENT

MANAGEMENT TEAM

Sridhar Radhakrishnan

Chief Financial Officer

Ms. Nidhi Mehandiratta

Head - HR, CSR & Ethics

Sachin Mishra

Head - Legal & Company Secretary

Atul Choudhari

Chief Technology Officer

Rajeev Tanna

Head - Risk Management, Internal Compliance & Strategy

Rajashekhar R Malur

Cluster Head - Plant Engineering & Design

Rajat Kaushal

Head - International Marketing & Business Development

B R Parthasarathy

Cluster Head - Infrastructure

Pravinchandra R Shahu

CIO & Head - Digital

EcoFirst Services Limited

Chitranjan Kaushik

Chief Operating Officer, Ecofirst

Board of Directors

Amit Sharma

Chairman

Rajashekhar R Malur

Director

B R Parthasarathy

Director

Tata Engineering Consultants Saudi Arabia

Ashwani Sadhu

General Manager

OUR PRESENCE

  • North America

    1. 1. Canada
    2. 2. Mexico
    3. 3. USA

  • South America

    1. 4. Brazil

  • Africa

    1. 15. Algeria
    2. 16. Congo
    3. 17. Egypt
    4. 18. Ethiopia
    5. 19. Ghana
    6. 20. Kenya
    7. 21. Liberia
    8. 22. Libya
    9. 23. Malawi
    10. 24. Mauritania
    11. 25. Mauritius
    12. 26. Mozambique
    13. 27. Nigeria
    14. 28. Rwanda
    15. 29. Senegal
    16. 30. Seychelles
    17. 31. Sierra Leone
    18. 32. South Africa
    19. 33. Sudan
    20. 34. Tanzania
    21. 35. Uganda
    22. 36. Zambia

  • Europe

    1. 5. France
    2. 6. Germany
    3. 7. Italy
    4. 8. Netherlands
    5. 9. Portugal
    6. 10. Spain
    7. 11. Switzerland
    8. 12. Turkey
    9. 13. UK
    10. 14. Ukraine

  • Asia

    1. 39. Bahrain
    2. 40. Bangladesh
    3. 41. Bhutan
    4. 42. China
    5. 43. Fiji Islands
    6. 44. India
    7. 45. Indonesia
    8. 46. Japan
    9. 47. Jordan
    10. 48. Kuwait
    11. 49. Laos
    12. 50. Lebanon
    13. 51. Malaysia
    14. 52. Myanmar
    15. 53. Nepal
    16. 54. Oman
    17. 55. Philippines
    18. 56. Qatar
    19. 57. Saudi Arabia
    20. 58. Singapore
    21. 59. South Korea
    22. 60. Sri Lanka
    23. 61. Thailand
    24. 62. UAE
    25. 63. Uzbekistan
    26. 64. Vietnam
    27. 65. Yemen

  • Australia

    1. 37. Brisbane
    2. 38. Sydney
0%

International
share of total
Revenue

0%

International
share of total
Revenue

No. of Cities

(Domestic Projects)
0%

India
share of total
revenue

0

Cities

Indian States

  1. Andhra Pradesh
  2. Assam
  3. Bihar
  4. Chhattisgarh
  5. Gujarat
  6. Haryana
  7. Himachal Pradesh
  8. Jharkhand
  9. Karnataka
  10. Kerala
  11. Madhya Pradesh
  12. Maharashtra
  13. Manipur
  14. Meghalaya
  15. Mizoram
  16. Nagaland
  17. Odisha
  18. Punjab
  19. Rajasthan
  20. Sikkim
  21. Tamil Nadu
  22. Telangana
  23. Tripura
  24. Uttar Pradesh
  25. Uttarakhand
  26. West Benga

Union Territory

  1. Chandigarh
  2. Dadra & Nagar Haveli
  3. Delhi
  4. Jammu and Kashmir
  5. Puducherry
  6. Ladakh

SECTORS

PLANT ENGINEERING CLUSTERS

0%

Share of
Revenue

  • Power Sector

    Nuclear, Hydroelectric, Renewable, Thermal, Transmission & Distribution

  • Resources - Hydrocarbons & Chemicals sector

    Green & Sustainable Chemicals, Chemicals & Speciality Chemicals, Refineries & Petrochemicals, Agrochemicals & Fertilisers

  • Resources - Mining & Metallurgy Sector

    Ferrous Metals, Non-Ferrous Metals, Mineral Beneficiation

INFRASTRUCTURE CLUSTER

0%

Share of
Revenue

  • Infrastructure Sector

    Water, Built Environment, Transportation, Environmental Engineering, Sustainable Infrastructure

  • EcoFirst Services Limited (Subsidiary)

    Sustainable Integrated Design of Buildings, Urban Design, Sustainable Engineeronomics, Climate and Sustainability Services, Program Management, Digital & Modelling

SERVICES

Design & Engineering

Project Concept Development, Pre-feasibility & Feasibility Reports, Detailed Project Reports, Environmental Study Reports, System Studies, Basic Engineering, Frontend Engineering Design (FEED), OE Services, Detailed Engineering

Digital & Advanced Technologies

Unified 3D Engineering, 4D, 5D Simulation, Building Information Management, Asset Digitisation & Asset Information Management, Industry 4.0 & Asset Performance Management, Product Engineering - Design and Analysis, Turnkey Machine Development

Sustainability and Energy Transition Solutions

Clean and Renewable Energy, Green Infrastructure, Green Fuels and Chemicals, Green Steel & Cement, Energy Transition Technologies

Project Management & Safety

Project Management, Engineering & Constructability Review, Construction Management / Supervision, Program Management, Interface Management, Quality & Safety Audits, Outage & Opex Management, Procurement Management

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CORPORATE SOCIAL RESPONSIBILITY

TCEndeavour program is categorised into distinct impact areas, each aligned with our overarching policy at TCE: Education, Sustainable Livelihood, Infrastructure Development, and Healthcare.

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Infrastructure Development

0

Lives Touched

Education

0

Lives Touched

Health &
Hygiene

0

Lives Touched

Sustainable
Livelihood

0

Lives Touched

DOWNLOAD CENTRE

Annual Report 2023-24

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Corporate Governance
Risk Resilience
Value Creation Model
Our Presence