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Tata Elxsi Ltd

₹ 5,5901.61%
16 Jan 3:22 p.m. – close price
🔗tataelxsi.com•BSE: 500408•NSE: TATAELXSI
Market Cap₹ 34,826 Cr.
Current Price₹ 5,590
High / Low₹ 6,735
Stock P/E55.2
Book Value₹ 434
Dividend Yield1.36 %
ROCE36.3 %
ROE29.3 %
Face Value₹ 10.0
Sales₹ 3,672 Cr.
OPM22.1 %
Mar Cap₹ 34,826 Cr.

ABOUT

Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide.[1]

KEY POINTS

Business segments[1][2]Software Development & Services (SDS)(~97% of Q1FY25 rev.)The company provides end-to-end solutions across Transportation, Media & Communication, and Healthcare & Life Sciences. Their services cover everything from ideation to market introduction. Additionally, they assist customers in creating innovative products and experiences through consumer research, branding, and product design. Furthermore, their Embedded Product Design (EPD) services focus on technology consulting, new product design, development, and testing.Transportation : ~53%Media & Communications : ~33%Healthcare & medical devices : ~13%Others : ~1%

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.TCS3208.9022.771161008.201.8810720.006.6967087.004.8764.63260802.0026.8851117.8613208.1710.8532.070.10
2.Infosys1690.9023.76685603.752.576666.0010.7945479.008.9037.50173173.0023.6728858.417540.418.1918.620.11
3.HCL Technologies1697.0026.77460509.003.254082.004.1933872.0013.3231.61126409.0020.9417168.334783.336.4016.950.10
4.Wipro267.0020.74279999.932.243262.401.1722697.301.7719.5189654.9019.8213500.003246.203.3110.820.19
5.LTIMindtree6303.0038.37186877.241.051381.2012.0010394.3010.1927.6339667.5017.064869.101401.107.9315.830.10
6.Tech Mahindra1671.0036.48163711.432.721201.70-4.4513994.905.1218.5654015.7014.344485.001194.505.979.040.07
7.Persistent Systems6396.0060.59100896.900.55471.4745.073580.7223.5930.4413218.7018.281665.16471.4714.0016.840.06
8.Tata Elxsi5590.3555.2134825.531.36108.89-19.99953.471.5236.263672.0122.06630.83159.2212.9423.190.06
–Median: 69 Co.295.025.73706.150.3411.3816.2279.9414.2620.8211.7919.8230.3611.383.8412.030.08

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales
763818838850882914906926955939908892918953
Expenses
537571588599618644645674689693701705725731
Operating Profit
227247250251264270261252266247208187193222
Other Income
19192622313534326440433849-50
Profit before tax
219240250248264274262252299256221196215146
Tax %
20%19%19%24%24%25%25%27%23%22%22%26%28%26%
Net Profit
174195202189200206197184229199172144155109
EPS in Rs
27.9831.2632.3630.3232.1233.1531.6229.5636.8431.9527.6823.1824.8517.48

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
7728491,0751,2371,3861,5971,6101,8262,4713,1453,5523,7293,672
Expenses
6356728279641,0391,1811,2661,3031,7042,1822,5052,7552,862
Operating Profit
1371772482743474163445247679621,047974810
Other Income
164121843435840457412217981
Interest
311111771017212017
Depreciation
352523272525434455819910595
Profit before tax
1151562362643644333525127459381,0491,028779
Net Profit
75103155175240290256368550755792785580
EPS in Rs
12.0616.5224.8528.0538.5446.5641.1259.1188.26121.26127.21126.0393.19
Dividend Payout %
37%33%28%29%29%29%40%81%48%50%55%60%–

Compounded Sales Growth

10 Years:16%
5 Years:18%
3 Years:15%
TTM:-1%

Compounded Profit Growth

10 Years:23%
5 Years:25%
3 Years:13%
TTM:-22%

Stock Price CAGR

10 Years:20%
5 Years:18%
3 Years:-4%
1 Year:-11%

Return on Equity

10 Years:34%
5 Years:34%
3 Years:34%
Last Year:29%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
31313131626262626262626262
Reserves
2042523555276768801,0281,2901,5392,0232,4432,7982,640
Borrowings
-0-0-0-0-0-05873138185225196169
Other Liabilities
152182214158207201241291430493457529584
Total Liabilities
3874656007159451,1431,3891,7172,1692,7643,1873,5863,456
Fixed Assets
979810710894101147170272334396318275
Gross Block
182.10229.27237.71130.18146.10178.06248.45295.82460.35581.90683.66704.61–
Accumulated Depreciation
85.27130.78130.7522.3851.8376.88101.39126.17188.85248.31287.68386.57–
CWIP
133212017227220
Investments
00-0-0-0-0-0-0-0-0-0-0-0
Other Assets
2773644916078481,0421,2411,5401,8762,4232,7893,2663,181
Total Assets
3874656007159451,1431,3891,7172,1692,7643,1873,5863,456

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
126143121144197215256437483487701812
Cash from Investing Activity
-18-29-3128-245-16243-439-106-201-274-311
Cash from Financing Activity
-79-32-41-52-60-83-124-126-326-303-428-499
Net Cash Flow
298349120-108-30175-12851-17-12

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
74667372818189989911310095
Inventory Days
-0–––-068–212-0
Days Payable
–––––205212–244202162–
Cash Conversion Cycle
7466737281-117-11698-143-88-6095
Working Capital Days
221026545969725347757265
ROCE %
48%60%71%56%57%51%35%40%48%48%43%36%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
43.92%43.92%43.92%43.92%43.92%43.92%43.92%43.91%43.91%43.91%43.91%43.90%
FIIs
13.89%13.85%14.22%13.80%15.02%14.56%13.67%13.65%13.27%12.73%12.74%12.53%
DIIs
3.43%3.54%4.08%4.80%5.71%6.06%6.24%7.38%7.50%8.54%9.79%10.37%
Public
38.75%38.67%37.77%37.46%35.34%35.47%36.16%35.04%35.30%34.82%33.54%33.18%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Tata Elxsi Launches Global Offshore Development Center for Terumo Corporation

19th March 2026, 9:47 pm

Tata Elxsi Announces Trading Window Closure Ahead of Q4 Results

18th March 2026, 10:48 pm

Tata Elxsi Receives Income Tax Order; Company Plans to Appeal

6th March 2026, 11:10 pm

Tata Elxsi Launches AI Platform to Speed Up Automotive Software Engineering

5th March 2026, 10:14 pm

Tata Elxsi Allots 911 Shares, Increases Paid-up Capital Slightly

26th February 2026, 11:38 pm

Published by Other Websites

External media mentions & references

Geojit Recommends 'Buy' on Tata Elxsi; Sets Rs 5135 Target

27th March 2026, 12:13 pm

Geojit Upgrades Tata Elxsi, Targets 22% Jump to ₹5,135

27th March 2026, 8:57 am

JPMorgan Slashes IT Targets, Cites AI Fears Ahead of FY27 Guidance

24th March 2026, 12:25 pm

Indian Stocks Up, Rupee Hits Record Low Amid Geopolitical Fears

20th March 2026, 4:03 pm

Tata Elxsi Surges 5% on Terumo Global ODC Launch

20th March 2026, 11:34 am

News Articles

Editorial & research coverage

Indian IT Stocks Tumble Amid AI Disruption Fears
Indian IT Stocks Tumble Amid AI Disruption Fears

13th February 2026, 12:52 pm

IT Firms Split: Coforge, Persistent Outperform Amid Sector Slowdown
IT Firms Split: Coforge, Persistent Outperform Amid Sector Slowdown

10th February 2026, 4:23 am

Indian AI Stocks: Valuation Headaches Amidst Tech Disruption
Indian AI Stocks: Valuation Headaches Amidst Tech Disruption

9th February 2026, 12:30 pm

Buy IOC, Tata Elxsi, IFCI: Top Stock Picks for Feb 4 Rally
Buy IOC, Tata Elxsi, IFCI: Top Stock Picks for Feb 4 Rally

4th February 2026, 8:29 am

Mid-Caps Navigate Volatility Amidst Macro Headwinds
Mid-Caps Navigate Volatility Amidst Macro Headwinds

29th January 2026, 6:18 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

1d - Copy of the newspaper publication on the Q3 FY26 financial results

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

2d - Audio recording of Q3 FY26 earnings call for quarter and nine months ended Dec 31, 2025 (Jan 13, 2026).

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

2d - Company have allotted 543 equity shares pursuant to the exercise of performance stock options by the eligible employees under the "Tata Elxsi Performance Stock Option …

Announcement under Regulation 30 (LODR)-Investor Presentation

2d - Investor Presentation on the Q3 FY26 Financial Results

Announcement under Regulation 30 (LODR)-Press Release / Media Release

2d - Q3 FY26: revenue Rs.953.5cr, EBITDA Rs.222.2cr (23.3%), PAT Rs.179.1cr; notable deal wins.

Annual Reports

Financial Year 2025

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Financial Year 2024

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Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2020

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

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Financial Year 2013

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Financial Year 2012

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Financial Year 2012

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Credit Ratings

Rating update

2 Feb 2021 from icra

Rating update

30 Sep 2020 from icra

Rating update

25 Mar 2019 from icra

Rating update

26 Mar 2018 from icra

Rating update

10 Apr 2017 from icra

Rating update

12 Oct 2015 from icra

Concalls

Jan 2026

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Stock Analysis

Description

  1. Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide.

Key Growth Triggers

  1. Key services include Transportation, Media & Communications, and Healthcare & Medical Devices, focusing on embedded product design and software development.
  2. The company is also investing in AI-first offerings and building momentum in various sectors.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. January 13, 2026: Availability of audio recording for Tata Elxsi's Q3 FY26 earnings conference call.

Corporate Announcements

19th Mar 26
Impact Rating: 7
Tata Elxsi announced the launch of a Global Offshore Development Center (ODC) for medical innovation company Terumo Corporation, aiming to enhance development for cardiac and vascular solutions.
18th Mar 26
Impact Rating: 5
Tata Elxsi is closing its trading window starting March 25, 2026, in anticipation of approving its audited financial results for the quarter and full fiscal year ending March 31, 2026.
6th Mar 26
Impact Rating: 7
Tata Elxsi Limited has disclosed an Income Tax Order for AY 2023-24 concerning disallowed foreign tax credits and 80G benefits. A demand of ₹178.62 lakh (₹1.79 cr) has been raised, which the company plans to contest via appeal.
5th Mar 26
Impact Rating: 8
Tata Elxsi unveiled DevStudio.ai, its new multi-agent GenAI platform, designed to accelerate automotive software development for OEMs and suppliers, enhancing speed, quality, and safety.
26th Feb 26
Impact Rating: 3
Tata Elxsi allotted 911 equity shares under its Performance Stock Option Plan 2023. The company's paid-up capital increased to ₹62,29,66,830 (₹62.30 crore) from ₹62,29,57,720 (₹62.30 crore).