Tata Elxsi Ltd
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]
- Market Cap ₹ 48,003 Cr.
- Current Price ₹ 7,708
- High / Low ₹ 9,200 / 6,407
- Stock P/E 60.9
- Book Value ₹ 402
- Dividend Yield 0.91 %
- ROCE 42.7 %
- ROE 34.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 22.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.4%
- Company has been maintaining a healthy dividend payout of 51.0%
Cons
- Stock is trading at 19.2 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
605 | 772 | 849 | 1,075 | 1,237 | 1,386 | 1,597 | 1,610 | 1,826 | 2,471 | 3,145 | 3,552 | 3,628 | |
535 | 635 | 672 | 827 | 964 | 1,039 | 1,181 | 1,266 | 1,303 | 1,704 | 2,182 | 2,505 | 2,581 | |
Operating Profit | 70 | 137 | 177 | 248 | 274 | 347 | 416 | 344 | 524 | 767 | 962 | 1,047 | 1,047 |
OPM % | 12% | 18% | 21% | 23% | 22% | 25% | 26% | 21% | 29% | 31% | 31% | 29% | 29% |
-10 | 16 | 4 | 12 | 18 | 43 | 43 | 58 | 40 | 45 | 74 | 122 | 132 | |
Interest | 5 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 10 | 17 | 21 | 21 |
Depreciation | 24 | 35 | 25 | 23 | 27 | 25 | 25 | 43 | 44 | 55 | 81 | 99 | 105 |
Profit before tax | 32 | 115 | 156 | 236 | 264 | 364 | 433 | 352 | 512 | 745 | 938 | 1,049 | 1,053 |
Tax % | 34% | 35% | 34% | 34% | 34% | 34% | 33% | 27% | 28% | 26% | 19% | 24% | |
21 | 75 | 103 | 155 | 175 | 240 | 290 | 256 | 368 | 550 | 755 | 792 | 788 | |
EPS in Rs | 3.37 | 12.06 | 16.52 | 24.85 | 28.05 | 38.54 | 46.56 | 41.12 | 59.11 | 88.26 | 121.26 | 127.21 | 126.48 |
Dividend Payout % | 74% | 37% | 33% | 28% | 29% | 29% | 29% | 40% | 81% | 48% | 50% | 55% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 25% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 22% |
3 Years: | 29% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 64% |
3 Years: | 12% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 35% |
5 Years: | 35% |
3 Years: | 37% |
Last Year: | 34% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 31 | 31 | 31 | 31 | 31 | 62 | 62 | 62 | 62 | 62 | 62 | 62 |
Reserves | 161 | 204 | 252 | 355 | 527 | 676 | 880 | 1,028 | 1,290 | 1,539 | 2,023 | 2,443 |
59 | 0 | 0 | 0 | 0 | 0 | 0 | 58 | 73 | 138 | 185 | 225 | |
106 | 152 | 182 | 214 | 158 | 207 | 201 | 241 | 291 | 430 | 493 | 457 | |
Total Liabilities | 356 | 387 | 465 | 600 | 715 | 945 | 1,143 | 1,389 | 1,717 | 2,169 | 2,764 | 3,187 |
99 | 97 | 98 | 107 | 108 | 94 | 101 | 147 | 170 | 272 | 334 | 396 | |
CWIP | 21 | 13 | 3 | 2 | 1 | 2 | 0 | 1 | 7 | 22 | 7 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
236 | 277 | 364 | 491 | 607 | 848 | 1,042 | 1,241 | 1,540 | 1,876 | 2,423 | 2,789 | |
Total Assets | 356 | 387 | 465 | 600 | 715 | 945 | 1,143 | 1,389 | 1,717 | 2,169 | 2,764 | 3,187 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
37 | 126 | 143 | 121 | 144 | 197 | 215 | 256 | 437 | 483 | 487 | 701 | |
-29 | -18 | -29 | -31 | 28 | -245 | -162 | 43 | -439 | -106 | -201 | -274 | |
-11 | -79 | -32 | -41 | -52 | -60 | -83 | -124 | -126 | -326 | -303 | -428 | |
Net Cash Flow | -3 | 29 | 83 | 49 | 120 | -108 | -30 | 175 | -128 | 51 | -17 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 81 | 74 | 66 | 73 | 72 | 81 | 81 | 89 | 98 | 99 | 113 | 100 |
Inventory Days | 0 | 0 | 6 | 8 | 2 | 1 | 2 | |||||
Days Payable | 205 | 212 | 244 | 202 | 162 | |||||||
Cash Conversion Cycle | 81 | 74 | 66 | 73 | 72 | 81 | -117 | -116 | 98 | -143 | -88 | -60 |
Working Capital Days | 40 | 22 | 10 | 26 | 54 | 59 | 69 | 75 | 56 | 50 | 78 | 80 |
ROCE % | 22% | 48% | 60% | 71% | 56% | 57% | 51% | 35% | 40% | 48% | 48% | 43% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
7h - Intimation of loss of share certificates for Tata Elxsi.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
8h - Issuance of duplicate share certificates confirmed.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14h - Tata Elxsi inaugurates xG-Force 5G Applications Lab.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
10 Sep - Intimation of loss of share certificates for Tata Elxsi.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
6 Sep - Intimation of loss of share certificates by Tata Elxsi.
Annual reports
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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 2019
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Financial Year 2018
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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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Financial Year 2011
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Concalls
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Jul 2024Transcript PPT
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Business segments
Embedded Product & Design (86% of Q2FY24 revenues)[1]
The division provides technology consulting, new product design, development and testing services for various sectors like automotive, broadcast, consumer electrics, healthcare, telecom and transportation industries. [2]
It works with leading OEMs and suppliers in the automotive and transportation industries for R&D, design, and product engineering. It also addresses complete product development lifecycle from R&D, new product development and testing for broadcast, consumer electronics and communications [3]