TATAELXSI - Tata Elxsi Ltd Share Price

IT - Software

₹5689.00+76.50(+1.36%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Tata Elxsi Ltd do?

Computers - Software & Consulting•Information Technology•Mid Cap

Tata Elxsi is a Computers - Software & Consulting company, represented by the stock ticker TATAELXSI.

With a market capitalization of Rs. 35,029.1 Crores, Tata Elxsi Limited focuses on providing a range of services including product design and engineering, as well as systems integration and support services on an international scale, particularly in India, the United States, Europe, and beyond.

The company operates through two primary segments: Systems Integration and Support and Software Development and Services. Their offerings include advanced technology solutions such as:

AIVA: An AI-based video analytics platform for content curation.
AI DMS: A driver intelligence service.
ICX: A SaaS-based solution for managing customer premises equipment (CPE).
SymanTEx: A digital personal assistant.
TESA: An AI-enabled platform for autonomous systems development.

Additionally, Tata Elxsi provides platforms like QoEtient for OTT service optimization, TEPlay for video delivery, and Neuron aimed at telecommunications. Their IoT solutions, such as TETHER, enable digital connectivity, while innovations like eMobility HILS and RoboTaxi showcase their commitment to transportation technology. They also cater to healthcare sectors with platforms like Digital Health Platform, TEngage, and TEcare.

Incorporated in 1989 and headquartered in Bengaluru, India, Tata Elxsi serves various industries including automotive, broadcast and media, telecommunications, healthcare, consumer electronics, and aerospace.

Financially, the company has demonstrated strong performance with a trailing 12 months revenue of Rs. 3,896.6 Crores. It is recognized as a profitable entity, reporting a profit of Rs. 809.5 crores in the last four quarters, and achieving a remarkable 66.5% revenue growth over the past three years. Tata Elxsi rewards its investors with dividends, offering a yield of 1.17% and distributing Rs. 70 per share in the last 12 months.

Industry Group:IT - Software

Employees:12,969

Website:www.tataelxsi.com

Income Statement for Tata Elxsi

Standalone figures (in Rs. Crores)

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-1.7%	939	955	926	906	914	882
Other Income	-38.1%	40	64	32	34	35	31
Total Income	-3.9%	979	1,019	959	940	949	913
Cost of Materials	-5.2%	56	59	49	42	44	50
Employee Expense	0%	515	515	499	496	496	477
Finance costs	-5.2%	4.65	4.85	4.89	4.97	5.55	5.81
Depreciation and Amortization	-3.8%	26	27	27	28	25	25
Other expenses	6.2%	121	114	125	108	104	91
Total Expenses	0.3%	723	721	706	677	675	649
Profit Before exceptional items and Tax	-14.4%	256	299	252	262	274	264
Total profit before tax	-14.4%	256	299	252	262	274	264
Current tax	-10.1%	63	70	71	64	72	67
Deferred tax	-252.2%	-6.15	-1.03	-2.24	1.68	-4.43	-2.71
Total tax	-17.6%	57	69	68	65	68	64
Total profit (loss) for period	-13.2%	199	229	184	197	206	200
Other comp. income net of taxes	-37.3%	-3.42	-2.22	1.1	-1.92	-1.83	-5.88
Total Comprehensive Income	-13.7%	196	227	185	195	205	194
Earnings Per Share, Basic	-13.6%	31.95	36.84	29.56	31.62	33.15	32.12
Earnings Per Share, Diluted	-13.6%	31.94	36.83	29.55	31.61	33.14	32.12
Debt service coverage ratio	-	0.16	0	-	-	-	-

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	12.9%	3,552	3,145	2,471	1,826	1,610	1,597
Other Income	65.8%	122	74	45	40	58	43
Total Income	14.1%	3,674	3,219	2,515	1,866	1,668	1,640
Cost of Materials	4.3%	194	186	127	85	81	0
Purchases of stock-in-trade	-	0	0	0	0	0	101
Employee Expense	19.5%	1,910	1,598	1,288	1,025	951	843
Finance costs	26.7%	20	16	9.43	5.93	5.56	0
Depreciation and Amortization	22.5%	99	81	55	44	43	25
Other expenses	1%	403	399	291	192	235	240
Total Expenses	15.1%	2,625	2,281	1,770	1,354	1,316	1,207
Profit Before exceptional items and Tax	11.8%	1,049	938	745	512	352	433
Total profit before tax	11.8%	1,049	938	745	512	352	433
Current tax	43.4%	262	183	194	143	95	144
Deferred tax	-252.1%	-5.62	-0.88	2.07	0.54	1.21	-0.25
Total tax	40.9%	256	182	196	144	96	143
Total profit (loss) for period	4.9%	792	755	550	368	256	290
Other comp. income net of taxes	-65.1%	-9.98	-5.65	-2.01	-3.23	-4.26	-2.98
Total Comprehensive Income	4.3%	782	750	548	365	252	287
Earnings Per Share, Basic	4.9%	127.21	121.26	88.26	59.11	41.12	46.56
Earnings Per Share, Diluted	4.9%	127.181	121.26	88.26	59.11	41.12	46.56

Summary of Latest Earnings Report from Tata Elxsi

Summary of Tata Elxsi's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Apr 25

Management expressed cautious optimism for FY '26, focusing on stabilizing growth across verticals after a challenging Q4. Key highlights include:

Outlook:

Growth Focus: Targeting improved performance over FY '25, driven by large deal wins (e.g., â‚¬50M SDV deal in automotive, $100M media consolidation deal) and recovery in delayed project ramp-ups from Q1 FY '26.
Margins: Expect margin improvement as revenue rebounds, leveraging cost controls, reduced discretionary spend, and optimized utilization (currently ~70%).

Major Points:

Automotive: Near-term challenges due to OEM pauses and geopolitical uncertainty, but long-term growth anchored in SDV adoption and new strategic wins. Pivot to OEMs (70% of auto revenue) and offshore delivery to offset risks.
Healthcare & Life Sciences: Strong growth (3.5% QoQ) with 13 new clients added; expanding into AI-powered diagnostics and sustainability solutions.
Media & Communications: Secured largest-ever deal ($100M) for product engineering consolidation; customer-specific headwinds from M&A but pipeline improving.
Technology Investments: >70% workforce AI-ready; 500+ specialists in GenAI/digital. Design-led revenue grew 25% in FY '25.
New Verticals: Aerospace/defense expansion (HAL's CATS Warrior, partnerships with NAL/Garuda Aerospace) and focus on GCCs/emerging markets (India, Japan) to diversify from US/Europe exposure.
Dividend: Proposed 750% final dividend, reflecting confidence in cash reserves.

Management emphasized disciplined hiring, leveraging existing bench strength, and prioritizing offshore delivery to sustain margins. Medium-term growth hinges on large-deal execution and mining new client relationships.

Q&A Session

Last updated: Apr 25

1. Question: "What's the net new component there in the media vertical?"
Answer: The USD 100 million media consolidation deal includes approximately 25-30% net new revenue over its 3-year term, with the remainder involving transitioning existing work.

2. Question: "How does the tariff announcement and strategic changes by clients impact Tata Elxsi's automotive business?"
Answer: Pauses in projects with key automotive customers due to geopolitical/tariff uncertainties are expected to resolve by Q1 FY26, with new deals (e.g., the EUR 50 million SDV deal) offsetting near-term weakness.

3. Question: "What is the visibility for Q1 growth given project pauses and deal ramp-ups?"
Answer: Management expects Q1 FY26 growth driven by resumed project ramp-ups and large deal momentum, emphasizing confidence in improving sequential performance.

4. Question: "Why did other expenses decline sharply in Q4?"
Answer: Cost rationalization in travel, third-party contractors, and office consolidation led to reduced discretionary spending, with efforts to sustain lower expenses amid uncertain demand.

5. Question: "Will FY26 reverse declines in Healthcare & Life Sciences (HLS) and Media verticals?"
Answer: HLS growth (13 new clients, AI/diagnostics focus) and Media stabilization (large deals) will drive recovery, while Automotive's long-term prospects remain strong despite near-term challenges.

6. Question: "Will margins improve with revenue recovery?"
Answer: Margins are directly tied to revenue growth, with expected improvements as utilization (currently ~70%) and operational efficiencies (e.g., reduced SG&A) normalize.

7. Question: "What is the on-site/offshore mix and hiring outlook?"
Answer: Offshore-centric delivery (no major mix shift) and controlled lateral hiring (relying on bench strength) will continue, with selective fresher additions.

8. Question: "Is there semiconductor fab-related growth potential?"
Answer: Early-stage discussions with semiconductor firms focus on design and manufacturing support, but revenue opportunities are likely 2+ quarters away.

9. Question: "Can FY26 revenue exceed FY25?"
Answer: Large deal ramp-ups (Media, Automotive) and Healthcare growth are expected to drive FY26 outperformance, though execution risks remain.

10. Question: "How are geopolitical risks (tariffs) being mitigated?"
Answer: Expanding into India, Japan, and emerging markets (now 19% of revenue) and GCC partnerships derisk reliance on Europe/U.S., with India's domestic innovation (e.g., Tether platform) gaining traction.

11. Question: "What are the margin profiles of large Media/Auto deals?"
Answer: Competitive pricing in consolidation deals pressures margins initially, but AI/GenAI integration and operational leverage aim to restore margins to historical levels (~26-28%).

12. Question: "How is annuity revenue evolving?"
Answer: 45-50% of revenue is annuity-based (e.g., multiyear SDV/OEM deals), though macroeconomic risks persist.

13. Question: "When will Aerospace/Defense become a reported segment?"
Answer: Strategic partnerships (e.g., HAL, NAL) and empanelments aim to scale the vertical, with revenue contributions expected in FY26.

Balance Sheet for Tata Elxsi

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-23.5%	102	133	137	134	142	151
Loans, current	13.9%	3.3	3.02	1.92	1.81	1.05	1
Total current financial assets	-1.4%	2,352	2,385	2,103	2,215	1,752	1,653
Inventories	-1009.1%	0	1.11	0.21	0.39	0.04	0.57
Current tax assets	-	70	0	0	0	-	0
Total current assets	2.3%	2,596	2,537	2,253	2,313	1,799	1,696
Property, plant and equipment	80.1%	345	192	161	160	166	127
Capital work-in-progress	-157.4%	0.34	2.15	10	6.98	6.17	22
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	5.2%	204	194	107	68	107	138
Total non-current assets	-9.4%	589	650	559	450	507	473
Total assets	-0.1%	3,185	3,187	2,813	2,764	2,306	2,169
Borrowings, non-current	-	0	0	0	0	0	0
Total non-current financial liabilities	-11.7%	160	181	199	154	165	118
Provisions, non-current	3.8%	56	54	56	45	40	40
Total non-current liabilities	-8.1%	216	235	256	199	206	158
Borrowings, current	-	0	0	0	0	0	0
Total current financial liabilities	3.5%	240	232	226	254	211	212
Provisions, current	27%	48	38	32	26	27	13
Current tax liabilities	64.8%	90	55	58	45	30	35
Total current liabilities	8.1%	482	446	461	479	408	410
Total liabilities	2.6%	699	681	716	678	614	568
Equity share capital	0%	62	62	62	62	62	62
Total equity	-0.8%	2,487	2,506	2,096	2,086	1,692	1,601
Total equity and liabilities	-0.1%	3,185	3,187	2,813	2,764	2,306	2,169

Pros

Profitability: Very strong Profitability. One year profit margin are 21%.

Momentum: Stock price has a strong positive momentum. Stock is up 9.1% in last 30 days.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Size: Market Cap wise it is among the top 20% companies of india.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Strong Balance Sheet.

Cons

No major cons observed.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: TATAELXSI vs IT - Software

Comprehensive comparison against sector averages

Comparative Metrics

TATAELXSI metrics compared to IT

Category	TATAELXSI	IT
PE	43.19	25.46
PS	8.97	3.94
Growth	8.3 %	4.3 %

Performance Comparison

TATAELXSI vs IT (2021 - 2025)

Key Insights

1. TATAELXSI is among the Top 10 Computers - Software & Consulting companies but not in Top 5.
2. The company holds a market share of 0.5% in Computers - Software & Consulting.
3. In last one year, the company has had an above average growth that other Computers - Software & Consulting companies.

Share Holdings

Understand Tata Elxsi ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
Tata Sons Private Limited	42.22%
Tata Investment Corporation Limited	1.69%
General Insurance Corporation Of India	1.16%
SBI Magnum Midcap Fund	1.07%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Cash Flow for Tata Elxsi

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	26.7%	20	16	9.43
Change in inventories	-109.8%	-0.72	0.18	-0.5
Depreciation	22.5%	99	81	55
Unrealised forex losses/gains	299.1%	5.3	-1.16	-30.42
Adjustments for interest income	76.9%	93	53	30
Share-based payments	-	15	0	0
Net Cashflows from Operations	42.8%	959	672	659
Interest paid	-	0	0	0.08
Interest received	-	0	0	28
Income taxes paid (refund)	39.7%	258	185	206
Net Cashflows From Operating Activities	44%	701	487	481
Proceeds from sales of PPE	-44335.5%	-274.5	0.38	0.01
Purchase of property, plant and equipment	30.2%	83	64	71
Interest received	186.7%	87	31	0
Other inflows (outflows) of cash	99.4%	0.02	-169.5	-65.6
Net Cashflows From Investing Activities	-33.6%	-270.14	-201.91	-136.78
Payments of lease liabilities	32.4%	50	38	27
Dividends paid	42.4%	377	265	299
Interest paid	48.4%	0.67	0.36	0
Net Cashflows from Financing Activities	-41%	-427.83	-303.12	-326.02
Effect of exchange rate on cash eq.	-12175%	-3.91	0.96	0
Net change in cash and cash eq.	90.9%	-0.65	-17.21	18

Valuation
Market Cap	35.43 kCr
Price/Earnings (Trailing)	43.77
Price/Sales (Trailing)	9.09
EV/EBITDA	29.61
Price/Free Cashflow	64.64
MarketCap/EBT	33.13

Fundamentals
Revenue (TTM)	3.9 kCr
Rev. Growth (Yr)	3.15%
Rev. Growth (Qtr)	-3.96%
Earnings (TTM)	809.45 Cr
Earnings Growth (Yr)	-3.6%
Earnings Growth (Qtr)	-13.26%

Profitability
Operating Margin	27.44%
EBT Margin	27.44%
Return on Equity	32.55%
Return on Assets	25.41%
Free Cashflow Yield	1.55%

Investor Care
Dividend Yield	1.17%
Dividend/Share (TTM)	70
Shares Dilution (1Y)	0.01%
Diluted EPS (TTM)	129.93

Financial Health
Current Ratio	5.38
Debt/Equity	0.00
Debt/Cashflow	0.00

Is Tata Elxsi Better than it's peers?

Detailed comparison of Tata Elxsi against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
PERSISTENT	Persistent SystemsComputers - Software & Consulting	82.4 kCr	11.44 kCr	-4.11%	+55.62%	62.44	7.2	+19.25%	+28.17%
MPHASIS	MphasisComputers - Software & Consulting	47.48 kCr	14.19 kCr	+0.13%	+8.93%	28.79	3.35	+5.72%	+5.23%
LTTS	L&T Technology ServicesIT Enabled Services	44.31 kCr	10.44 kCr	-7.02%	-12.40%	34.22	4.24	+11.00%	+1.50%
KPITTECH	KPIT TechComputers - Software & Consulting	33.75 kCr	5.77 kCr	-5.83%	-13.08%	44.36	5.85	+24.79%	+39.81%
CYIENT	CyientIT Enabled Services	13.12 kCr	7.39 kCr	-6.58%	-37.34%	19.91	1.77	+4.38%	-1.54%

TATAELXSI - Tata Elxsi Ltd Share Price

What does Tata Elxsi Ltd do?

Income Statement for Tata Elxsi

Summary of Latest Earnings Report from Tata Elxsi

Balance Sheet for Tata Elxsi

Sector Comparison: TATAELXSI vs IT - Software

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Cash Flow for Tata Elxsi

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Is Tata Elxsi Better than it's peers?

Revenue Breakdown

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)