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 ₹ 35,209 Cr.
- Current Price ₹ 5,653
- High / Low ₹ 9,083 / 4,601
- Stock P/E 345
- Book Value ₹ 45.5
- Dividend Yield 1.24 %
- ROCE 60.0 %
- ROE 39.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.8%
- Company has been maintaining a healthy dividend payout of 48.5%
- Company's working capital requirements have reduced from 23.4 days to 10.2 days
Cons
- Stock is trading at 124 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
Part of BSE 500 BSE Information Technology BSE 200 BSE Dollex 200 BSE Teck
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|
402 | 419 | 388 | 416 | 539 | 622 | 775 | 849 | |
327 | 338 | 320 | 368 | 464 | 549 | 637 | 671 | |
Operating Profit | 75 | 82 | 68 | 48 | 75 | 73 | 137 | 178 |
OPM % | 19% | 20% | 18% | 11% | 14% | 12% | 18% | 21% |
2 | 0 | 1 | 4 | 4 | -11 | 12 | 3 | |
Interest | 2 | 4 | 2 | 2 | 3 | 5 | 3 | 1 |
Depreciation | 13 | 16 | 17 | 17 | 21 | 24 | 35 | 26 |
Profit before tax | 62 | 62 | 51 | 32 | 55 | 33 | 112 | 155 |
Tax % | 14% | 6% | 4% | -2% | 30% | 33% | 36% | 34% |
53 | 58 | 49 | 33 | 35 | 21 | 72 | 102 | |
EPS in Rs | 8.48 | 9.34 | 7.84 | 5.22 | 5.55 | 3.42 | 11.60 | 16.38 |
Dividend Payout % | 41% | 37% | 45% | 67% | 63% | 73% | 39% | 34% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 16% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 43% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 47% |
3 Years: | -10% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 31% |
Last Year: | 39% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
Reserves | 88 | 121 | 144 | 151 | 161 | 164 | 205 | 252 |
55 | 13 | 34 | 25 | 34 | 59 | 0 | 0 | |
84 | 77 | 87 | 94 | 108 | 112 | 153 | 182 | |
Total Liabilities | 259 | 242 | 296 | 302 | 335 | 365 | 388 | 466 |
99 | 97 | 90 | 91 | 100 | 99 | 97 | 98 | |
CWIP | 2 | 1 | 0 | 12 | 10 | 21 | 13 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
158 | 144 | 206 | 199 | 224 | 245 | 279 | 364 | |
Total Assets | 259 | 242 | 296 | 302 | 335 | 365 | 388 | 466 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|
14 | 80 | 14 | 71 | 62 | 38 | 129 | 143 | |
-41 | -14 | -10 | -29 | -33 | -30 | -22 | -29 | |
28 | -71 | -6 | -36 | -23 | -11 | -79 | -32 | |
Net Cash Flow | 1 | -5 | -2 | 7 | 6 | -4 | 28 | 82 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 95 | 80 | 123 | 94 | 85 | 83 | 73 | 66 |
Inventory Days | 2 | 1 | 9 | 0 | 0 | |||
Days Payable | 400 | 549 | 678 | 385 | ||||
Cash Conversion Cycle | -303 | 80 | -425 | -575 | -300 | 83 | 73 | 66 |
Working Capital Days | 52 | 39 | 103 | 38 | 33 | 38 | 22 | 10 |
ROCE % | 39% | 28% | 16% | 27% | 22% | 47% | 60% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
24 Apr - Tata Elxsi confirms it is not a Large Corporate for FY 2025-26 per SEBI circular.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Apr - Q4 FY25 results: INR 3729 Cr revenue, 750% dividend, large multi-year deals in automotive and media sectors.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Apr - Copy of the extract of the audited financial results for the quarter and year to date for the period ended March 31, 2025, published in …
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Grant Of Stock Options Under ''Tata Elxsi Limited - Performance Stock Option Plan 2023''
17 Apr - Grant of 48,970 performance stock options to employees.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
17 Apr - Audio recording link for Q4 and FY25 results conference call.
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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Apr 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT
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Apr 2024Transcript PPT REC
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Jan 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Oct 2023Transcript PPT
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May 2023TranscriptPPT
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May 2023Transcript PPT
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Oct 2022TranscriptNotesPPT
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Jul 2022Transcript PPT
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Apr 2022TranscriptNotesPPT
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Oct 2021TranscriptPPT
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Jul 2021Transcript PPT
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Apr 2021TranscriptNotesPPT
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Mar 2021TranscriptPPT
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Jan 2021Transcript PPT
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Oct 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Oct 2018TranscriptPPT
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Aug 2018TranscriptPPT
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Apr 2018TranscriptPPT
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Jan 2018TranscriptPPT
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%