Tata Elxsi Ltd.
TATAELXSIInformation Technology filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
15 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 15 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220719 | 2023-03-31 | yes | |
| COVER_LETTER | 20230524 | 2023-03-31 | no | |
| TRANSCRIPT | 20230721 | 2023-06-30 | yes | |
| TRANSCRIPT | 20240715 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231020 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240129 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240429 | 2024-03-31 | yes | |
| TRANSCRIPT | 20241014 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250115 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250421 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250714 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251015 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260120 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260424 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260717 | 2026-06-30 | yes |
TATAELXSI
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | standalone |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 3,183.80 |
| 52-week range | 3183.8 – 5853.0 |
| Return 1M | -13.15% |
| Return 3M | -20.96% |
| Return 1Y | -42.16% |
| Return 3Y | -56.19% |
| Return 5Y | -45.73% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,021.00 |
| Other income | 41.00 |
| Total income | 1,063.00 |
| Cost of materials consumed | 82.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 588.00 |
| Finance costs | 3.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.44 | 0.00 |
| institutions foreign | 0.10 | -0.01 |
| institutions domestic | 0.11 | -0.00 |
| mutual funds | 0.01 | -0.00 |
| public | 0.56 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2023-03-31 | 1 |
| TRANSCRIPT | 2026-06-30 | 14 |
Financial statements
Filed results, standalone, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 763.00 | 818.00 | 838.00 | 850.00 | 882.00 | 914.00 | 906.00 | 926.00 | 955.00 | 939.00 | 908.00 | 892.00 | 918.00 | 953.00 | 994.00 | 1,021.00 |
| Other income | 19.00 | 19.00 | 26.00 | 22.00 | 31.00 | 35.00 | 34.00 | 32.00 | 64.00 | 40.00 | 43.00 | 38.00 | 49.00 | 46.00 | 51.00 | 41.00 |
| Total income | 782.00 | 837.00 | 864.00 | 872.00 | 913.00 | 949.00 | 940.00 | 959.00 | 1,019.00 | 979.00 | 951.00 | 931.00 | 967.00 | 1,000.00 | 1,044.00 | 1,063.00 |
| Cost of materials consumed | 42.00 | 50.00 | 55.00 | 58.00 | 50.00 | 44.00 | 42.00 | 49.00 | 59.00 | 56.00 | 74.00 | 67.00 | 72.00 | 66.00 | 70.00 | 82.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | -0.00 | -1.00 | 1.00 | 0.00 | 0.00 | 0.00 | -1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 392.00 | 411.00 | 429.00 | 442.00 | 477.00 | 496.00 | 496.00 | 499.00 | 515.00 | 515.00 | 518.00 | 529.00 | 539.00 | 549.00 | 567.00 | 588.00 |
| Finance costs | 4.00 | 4.00 | 4.00 | 4.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 |
| Depreciation and amortisation | 22.00 | 21.00 | 21.00 | 21.00 | 25.00 | 25.00 | 28.00 | 27.00 | 27.00 | 26.00 | 25.00 | 24.00 | 23.00 | 23.00 | 23.00 | 22.00 |
| Other expenses | 103.00 | 111.00 | 103.00 | 98.00 | 91.00 | 104.00 | 108.00 | 125.00 | 114.00 | 121.00 | 109.00 | 110.00 | 114.00 | 116.00 | 111.00 | 135.00 |
| Total expenses | 563.00 | 597.00 | 613.00 | 624.00 | 649.00 | 675.00 | 677.00 | 706.00 | 721.00 | 723.00 | 730.00 | 734.00 | 752.00 | 758.00 | 777.00 | 830.00 |
| Profit before exceptional items and tax | 219.00 | 240.00 | 250.00 | 248.00 | 264.00 | 274.00 | 262.00 | 252.00 | 299.00 | 256.00 | 221.00 | 196.00 | 215.00 | 242.00 | 268.00 | 232.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -96.00 | 0.00 | 0.00 |
| Profit before tax | 219.00 | 240.00 | 250.00 | 248.00 | 264.00 | 274.00 | 262.00 | 252.00 | 299.00 | 256.00 | 221.00 | 196.00 | 215.00 | 146.00 | 268.00 | 232.00 |
| Current tax | 45.00 | 48.00 | 46.00 | 60.00 | 67.00 | 72.00 | 64.00 | 71.00 | 70.00 | 63.00 | 51.00 | 58.00 | 66.00 | 69.00 | 48.00 | 57.00 |
| Deferred tax | 0.00 | -3.00 | 3.00 | -0.00 | -3.00 | -4.00 | 2.00 | -2.00 | -1.00 | -6.00 | -2.00 | -6.00 | -6.00 | -32.00 | -1.00 | 4.00 |
| Tax expense | 45.00 | 45.00 | 49.00 | 59.00 | 64.00 | 68.00 | 65.00 | 68.00 | 69.00 | 57.00 | 49.00 | 52.00 | 60.00 | 37.00 | 47.00 | 62.00 |
| Profit for the period | 174.00 | 195.00 | 202.00 | 189.00 | 200.00 | 206.00 | 197.00 | 184.00 | 229.00 | 199.00 | 172.00 | 144.00 | 155.00 | 109.00 | 220.00 | 171.00 |
| Other comprehensive income | -1.00 | 0.00 | -2.00 | -0.00 | -6.00 | -2.00 | -2.00 | 1.00 | -2.00 | -3.00 | -0.00 | 0.00 | 1.00 | -1.00 | 6.00 | -1.00 |
| Total comprehensive income | 174.00 | 195.00 | 199.00 | 189.00 | 194.00 | 205.00 | 195.00 | 185.00 | 227.00 | 196.00 | 172.00 | 145.00 | 156.00 | 107.00 | 227.00 | 170.00 |
| Earnings per share, basic | 27.98 | 31.26 | 32.36 | 30.32 | 32.12 | 33.15 | 31.62 | 29.56 | 36.84 | 31.95 | 27.68 | 23.18 | 24.85 | 17.48 | 35.37 | 27.38 |
| Earnings per share, diluted | 27.98 | 31.26 | 32.36 | 30.32 | 32.12 | 33.14 | 31.61 | 29.55 | 36.83 | 31.94 | 27.68 | 23.18 | 24.85 | 17.48 | 35.37 | 27.38 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,597.00 | 1,610.00 | 2,471.00 | 3,145.00 | 3,552.00 | 3,729.00 | 3,757.00 |
| Other income | 43.00 | 58.00 | 45.00 | 74.00 | 122.00 | 179.00 | 184.00 |
| Total income | 1,640.00 | 1,668.00 | 2,515.00 | 3,219.00 | 3,674.00 | 3,908.00 | 3,941.00 |
| Cost of materials consumed | 0.00 | 81.00 | 127.00 | 186.00 | 194.00 | 239.00 | 276.00 |
| Purchases of stock-in-trade | 101.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | -2.00 | -0.00 | -1.00 | 0.00 | -1.00 | 1.00 | 0.00 |
| Employee benefit expense | 843.00 | 951.00 | 1,288.00 | 1,598.00 | 1,910.00 | 2,046.00 | 2,184.00 |
| Finance costs | 0.00 | 6.00 | 9.00 | 16.00 | 20.00 | 19.00 | 16.00 |
| Depreciation and amortisation | 25.00 | 43.00 | 55.00 | 81.00 | 99.00 | 105.00 | 94.00 |
| Other expenses | 240.00 | 235.00 | 291.00 | 399.00 | 403.00 | 470.00 | 451.00 |
| Total expenses | 1,207.00 | 1,316.00 | 1,770.00 | 2,281.00 | 2,625.00 | 2,880.00 | 3,021.00 |
| Profit before exceptional items and tax | 433.00 | 352.00 | 745.00 | 938.00 | 1,049.00 | 1,028.00 | 921.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -96.00 |
| Profit before tax | 433.00 | 352.00 | 745.00 | 938.00 | 1,049.00 | 1,028.00 | 825.00 |
| Current tax | 144.00 | 95.00 | 194.00 | 183.00 | 262.00 | 255.00 | 241.00 |
| Deferred tax | -0.00 | 1.00 | 2.00 | -1.00 | -6.00 | -11.00 | -45.00 |
| Tax expense | 143.00 | 96.00 | 196.00 | 182.00 | 256.00 | 243.00 | 197.00 |
| Profit for the period | 290.00 | 256.00 | 550.00 | 755.00 | 792.00 | 785.00 | 628.00 |
| Profit attributable to owners | -5.00 | — | — | — | — | — | — |
| Profit attributable to non-controlling interests | 2.00 | — | — | — | — | — | — |
| Other comprehensive income | -3.00 | -4.00 | -2.00 | -6.00 | -10.00 | -5.00 | 6.00 |
| Total comprehensive income | 287.00 | 252.00 | 548.00 | 750.00 | 782.00 | 780.00 | 635.00 |
| Earnings per share, basic | 46.56 | 41.12 | 88.26 | 121.26 | 127.21 | 126.03 | 100.89 |
| Earnings per share, diluted | 46.56 | 41.12 | 88.26 | 121.26 | 127.18 | 126.01 | 100.89 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 2,306.00 | 2,764.00 | 2,813.00 | 3,187.00 | 3,185.00 | 3,586.00 | 3,456.00 | 3,963.00 |
| Non-current assets | 507.00 | 450.00 | 559.00 | 650.00 | 589.00 | 754.00 | 904.00 | 937.00 |
| Current assets | 1,799.00 | 2,313.00 | 2,253.00 | 2,537.00 | 2,596.00 | 2,831.00 | 2,552.00 | 3,025.00 |
| Property, plant and equipment | 166.00 | 160.00 | 161.00 | 192.00 | 345.00 | 309.00 | 268.00 | 254.00 |
| Capital work-in-progress | 6.00 | 7.00 | 10.00 | 2.00 | 0.00 | 2.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 18.00 | 174.00 | 222.00 | 204.00 | 11.00 | 9.00 | 7.00 | 5.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 767.00 | 976.00 | 883.00 | 972.00 | 985.00 | 972.00 | 1,005.00 | 1,079.00 |
| Cash and cash equivalents | 142.00 | 134.00 | 137.00 | 133.00 | 102.00 | 135.00 | 119.00 | 195.00 |
| Total equity and liabilities | 2,306.00 | 2,764.00 | 2,813.00 | 3,187.00 | 3,185.00 | 3,586.00 | 3,456.00 | 3,963.00 |
| Equity | 1,692.00 | 2,086.00 | 2,096.00 | 2,506.00 | 2,487.00 | 2,860.00 | 2,703.00 | 3,041.00 |
| Equity share capital | 62.00 | 62.00 | 62.00 | 62.00 | 62.00 | 62.00 | 62.00 | 62.00 |
| Other equity | 1,630.00 | 2,023.00 | 2,034.00 | 2,443.00 | 2,424.00 | 2,798.00 | 2,640.00 | 2,979.00 |
| Total liabilities | 614.00 | 678.00 | 716.00 | 681.00 | 699.00 | 726.00 | 753.00 | 921.00 |
| Non-current liabilities | 206.00 | 199.00 | 256.00 | 235.00 | 216.00 | 196.00 | 174.00 | 164.00 |
| Current liabilities | 408.00 | 479.00 | 461.00 | 446.00 | 482.00 | 530.00 | 579.00 | 757.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade payables | 89.00 | 103.00 | 97.00 | 86.00 | 113.00 | 123.00 | 110.00 | 120.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 254.00 | 487.00 | 408.00 | 701.00 | 375.00 | 812.00 | 266.00 | 664.00 |
| Net cash from investing activities | 20.00 | -202.00 | 3.00 | -270.00 | 61.00 | -308.00 | 217.00 | -73.00 |
| Net cash from financing activities | -281.00 | -303.00 | -404.00 | -428.00 | -465.00 | -499.00 | -500.00 | -535.00 |
| Purchase of property, plant and equipment | 32.00 | 64.00 | 32.00 | 83.00 | 13.00 | 16.00 | 2.00 | 11.00 |
| Net increase in cash | -9.00 | -17.00 | 3.00 | -1.00 | 104.00 | 2.00 | -16.00 | 59.00 |
| con:CFO.BEFORE_TAX | 361.00 | 672.00 | 529.00 | 959.00 | 519.00 | 1,036.00 | 334.00 | 888.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 106.00 | 185.00 | 121.00 | 258.00 | 144.00 | 224.00 | 69.00 | 224.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | -274.00 | 20.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 43.92 | 43.92 | 43.92 | 43.92 | 43.92 | 43.92 | 43.91 | 43.91 | 43.91 | 43.91 | 0.44 | 0.44 | 0.44 | 0.44 |
| Domestic institutions | 3.55 | 4.08 | 4.81 | 5.72 | 6.05 | 6.25 | 7.39 | 7.51 | 8.54 | 9.80 | 0.10 | 0.12 | 0.11 | 0.11 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 2.38 | 0.02 | 0.02 | 0.01 | 0.01 |
| Insurance companies | 1.47 | 1.41 | 2.14 | 2.84 | 3.91 | 4.68 | 4.99 | 5.08 | 5.73 | 6.55 | 0.08 | 0.09 | 0.09 | 0.09 |
| Foreign institutions | 13.86 | 14.22 | 13.81 | 15.02 | 14.56 | 13.67 | 13.65 | 13.27 | 12.73 | 12.74 | 0.13 | 0.09 | 0.11 | 0.10 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 56.08 | 56.08 | 56.08 | 56.08 | 56.08 | 56.08 | 56.09 | 56.09 | 56.09 | 56.09 | 0.56 | 0.56 | 0.56 | 0.56 |
| Non-institutional | 38.68 | 37.78 | 37.46 | 35.35 | 35.47 | 36.16 | 35.05 | 35.31 | 34.82 | 33.55 | 0.33 | 0.35 | 0.34 | 0.35 |
| Shares outstanding | 62276440 | 62276440 | 62276440 | 62276440 | 62276440 | 62276440 | 62279615 | 62283341 | 62284124 | 62284696 | 62292563 | 62295229 | 62296683 | 62297064 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Jaguar Land Rover Limited | Promoter Group | Sale of goods or services | 4,415,210,000.00 | 1 |
| Tata Investment Corporation Limited | Promoter Group | Dividend paid | 1,840,668,000.00 | 1 |
| Tata Elxsi (India) Ltd. Employees Superannuation Fund | Promoter Group | Purchase of goods or services | 521,022,000.00 | 2 |
| Tata Motors Limited | Promoter Group | Sale of goods or services | 467,161,000.00 | 1 |
| Tata Consultancy Services Limited | Promoter Group | Purchase of goods or services, Sale of goods or serv | 314,084,000.00 | 2 |
| Tata Motors Passenger Vehicles Limited | Promoter Group | Sale of goods or services | 206,775,000.00 | 1 |
| Tata Sons Private Limited | Promoter Group | Dividend paid, Purchase of goods or services | 121,212,000.00 | 2 |
| Air India Limited | Promoter Group | Sale of goods or services | 109,642,000.00 | 1 |
| Tata Technologies Limited | Promoter Group | Purchase of goods or services, Sale of goods or serv | 100,582,000.00 | 2 |
| Tata Steel Limited | Promoter Group | Sale of goods or services | 64,793,000.00 | 1 |
| Tata Elxsi (India) Ltd. Employees Gratuity Fund | Promoter Group | Purchase of goods or services | 60,000,000.00 | 1 |
| Tata Passenger Electric Mobility Limited | Promoter Group | Sale of goods or services | 58,618,000.00 | 1 |
| Tata Technologies GmbH | Promoter Group | Sale of goods or services | 56,389,000.00 | 1 |
| TACO EV Component Solutions Private Limited | Promoter Group | Sale of goods or services | 26,159,000.00 | 1 |
| Tata Communications Limited | Promoter Group | Purchase of goods or services | 24,517,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-17 | Q1FY27 | TATA ELXSI LIMITED | Read the call |
| 2026-04-24 | Q4FY26 | TATA ELXSI LIMITED | Read the call |
| 2026-01-20 | Q3FY26 | – TATA ELXSI LIMITED | Read the call |
| 2025-10-15 | Q2FY26 | TATA ELXSI LIMITED | Read the call |
| 2025-07-14 | Q1FY26 | TATA ELXSI LIMITED | Read the call |
| 2025-04-21 | Q4FY25 | TATA ELXSI LIMITED | Read the call |
| 2025-01-15 | Q3FY25 | TATA ELXSI LIMITED | Read the call |
| 2024-10-14 | Q2FY25 | TATA ELXSI LIMITED | Read the call |
| 2024-07-15 | Q1FY24 | TATA ELXSI LIMITED | Read the call |
| 2024-04-29 | Q4FY24 | TATA ELXSI LIMITED | Read the call |
| 2024-01-29 | Q3FY24 | TATA ELXSI LIMITED | Read the call |
| 2023-10-20 | Q2FY24 | TATA ELXSI LIMITED | Read the call |
| 2023-07-21 | Q1FY24 | TATA ELXSI LIMITED | Read the call |
| 2022-07-19 | FYFY23 | ELXSI LIMITED, LIMITED | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | We are going to see significant movement of operators to adopt this kind of technology, but try to understand, this is all going to be capex linked. | I think there is declining depreciation in our books due to no new capex being added/significant capex that has been added. | So fundamentally, Amit, the point I'm trying to make is, it's not that there's no capex spend, it's not there's no investments. | One, due to the differential in the deferred tax asset because of reduction in the depreciation and we didn’t incur any additional capex during the ye… | — | — | As you would be well aware that there's a huge capex currently underway for semiconductor fabrication and assembly plants in India. | — |
| Capital allocation | — | — | — | So are you looking for any acquisition considering the cash we have on the books of around INR1,000 crores. | — | The Board of Directors have recommended a final dividend of 700% that is INR70 per equity share of par value of INR10 each for the financial year endi… | The Board of Directors have recommended a final dividend of 750%, that is INR 75 per equity share of par value of INR10 each for the financial year en… | There could be sometimes rebadging costs, there could be acquisition costs and all of that. |
| Costs | — | — | — | — | — | — | — | — |
| Demand | We step into the third quarter of the financial year with the confidence of a healthy deal pipeline, continued growth in our transportation business, … | We are happy to report a robust pipeline momentum that is driven by global OEM SDV programs and other large deal wins. | We are in a good position to capture growth opportunities in the continued transformation of the automotive industry and the software-defined vehicle … | January 09, 2025 The stability and return to growth in the healthcare and media and communication verticals and large strategic deals in the pipeline … | But how should we think about the momentum sustaining going forward, based on the pipeline you see currently and the conversation that we are having w… | From a talent perspective, we continue to invest ahead of time in building our talent pipeline. | April 17, 2025 stability and long-term growth led by the large deal wins, the continued confidence of our customers across the world and a strong deal… | So that is well calibrated in terms of the future requirements, supply-demand state. |
| Guidance | So, is there any change in the way you're looking at the outlook for the last year's hiring pipeline as more than sufficient versus what growth expect… | In the Aerospace and Defense segment, we are happy to report a turnkey airport guidance systems development program from a U.S. headquartered aerospac… | We expect to ramp up investments further in the coming quarters as we expand the purview of applications and offerings across industries, product life… | Firstly, Manoj, if you can talk about the outlook for the auto vertical in terms of when do you expect deal closure to normalize or deal ramp ups to n… | Second thing is for the outlook for this automotive business, is it broad-based across your, let's say, of 10 to 15 accounts? | And if you can quantify the ramp down as well for the quarter and is this something which is completely done, or should we expect some further ramp do… | We also saw delays in ramp-ups planned for ongoing deals won in the previous quarters that we expect to resume starting Q1 '26. | What's your outlook for the transportation segment going into FY27? |
| Margin | Our operational and also delivery excellence, fiscal discipline and differentiated offerings have contributed to our EBITDA margins expanding by 70 ba… | If you can quantify what kind of headwinds on the revenues and margin you saw in 2Q? | We continue to maintain our EBITDA margin well above 29% and for this quarter, it was reported at 29.5%. | So, both put together, cost of goods sold and depreciation, would give you 45 basis point kind of a benefit into the margin. | I think our operating leverage has been improving, including the utilization. | EBITDA margin came in at 28.8% and the PBT margin at 27.9%. | For the fourth quarter of FY '25, we reported an operating revenue of INR 908.3 crores and a PBT margin at 23.3%. | For the quarter, our EBITDA margin stood at 24.6%, improving by 130 basis points sequentially. |
| People | On the people front, at 12.5%, our attrition remains under control as we prepare to onboard the next batch of freshers. | So yes, we have improved our utilization from about 66% to above 70% in the last quarter. | Our employee engagement and talent retention strategies have contributed to attrition further improving to 12.9%. | In terms of our employee base, we continue to do well with attrition remaining low at 12.4% during the quarter on an annualized basis. | Gaurav, can you just highlight what are the utilization levels we're operating at right now and where this can go with growth momentum sustained in au… | Over 90% of our industrial design and utilization revenues are now directed to customers in our 3 main verticals, while the remaining comprises of inn… | So the last clarification is, do we also envisage a change in our typical on-site offshore mix as we consolidate some of our competition as well as ho… | Finally, just a bookkeeping one, if I could get the utilization rate for the quarter? |
| Pricing | — | But last quarter, we had a pricing reset with some volume commitments in terms of incremental volumes. | So, in AdTech and OTT, whether it's recommendation engines, dynamic pricing engines, all these are fundamentally AI based. | Just wanted to get an idea of the differences in these two clusters in terms of competitive intensity, pricing power from the perspective of Tata Elxs… | — | In fact, sometimes larger deals can also mean that you may have to give a little more in terms of the pricing that you offer. | So yes, as I said, since it's a consolidation deal, we had to be competitive from a pricing perspective. | Are these changes starting to alter pricing power and contract structures, or are they mainly improving internal efficiency so far? |
| Revenue growth | Healthcare and Life Sciences business reported a decline in top line by 11.2% quarter-on- quarter in constant currency terms. | Our transportation business that accounts for over 53% of our revenues registered a growth of 0.7% in the quarter gone by. | People cost was mainly in line with the volume increase and the revenue growth that we have registered on a quarter- to-quarter basis. | Our Healthcare and Life Sciences business reported a growth of 1.1% quarter-on-quarter. | Obviously, the growth was very strong this time mainly because of ramp-up of the previous won deals. | Coming to the summary of the financial performance in Q4 of FY '24, our revenue from operations came in at INR905.9 crores, a degrowth of 0.9% quarter… | We reported a healthy quarter-on-quarter growth of 3.5% in constant currency terms in the quarter for Healthcare & Life Sciences segment. | I am happy to report that our Media and Communication business posted a 5.6% quarter-on- quarter revenue growth in constant currency terms. |