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Tata Elxsi Ltd share Price Today

Company details

7,704.00
7,870.00
5,882.55
9,200.00
6M Return 6.62%
1Y Return 30.70%
Mkt Cap.(Cr) 48,482.80
Volume 2,73,766
Div Yield 0.79%
OI
-
OI Chg %
-
Volume 2,73,766

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IT Consulting & Software firm Tata Elxsi announced Q3FY24 results:

Financial Performance:

  • Total operating revenue stood at Rs. 914.2 crores, marking a sequential quarterly growth of 3.7% and a year-over-year (YoY) increase of 11.8%.
  • The operating margin reached 29.5%, with a Profit Before Tax (PBT) of Rs. 274.1 crore, reflecting a growth of 14.2% compared to the same period in the previous year.
  • The company's Profit After Tax (PAT) was reported at Rs. 206.4 crores, with a quarter-over-quarter (QoQ) increase of 3.2% and a 6.0% rise YoY.
  • Earnings Per Share (EPS) escalated to Rs. 33.15, witnessing a 3.2% growth since last quarter and a 6.0% growth compared to the same quarter in the previous year.

Segment Performance:

  • In the Transportation sector, the revenue grew by 2.7% QoQ and by 15.6% YoY.
  • The Healthcare segment saw a revenue increase of 4.6% QoQ and 13% YoY.
  • The Media and Communications segment experienced modest growth, with a 0.6% QoQ and a 3.4% YoY rise.
  • Industrial Design and System Integration services witnessed significant growth with 12.3% QoQ and 14.7% QoQ, respectively.

Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance
in the third quarter of FY24, said: 
“We are happy to report a healthy performance in the third quarter with a top-line growth of 3.7% QoQ and 11.8% YoY in a challenging and weak quarter for the industry.

Our Healthcare & Lifesciences business executed strongly to report a growth of 4.6% QoQ and 13% YoY. This was backed by large deals in regulatory and new product engineering services.

Our Transportation business witnessed steady growth of 2.7% QoQ in a short quarter. While we had some delays in planned ramp-ups and deal closures due to the short quarter and holidays, we are positioned well to capture growth opportunities in the continued transformation of the automotive industry and Software Defined Vehicles.

Our Media & Communication business has done well in a deteriorated business environment for the media, telecom and technology industry, growing 0.6% QoQ and 3.4% YoY. We are staying close to our customers and building on both growth and efficiency offerings for customers in this industry."

 

 

Result PDF

View Other Company Results

Tata Elxsi Ltd shares SWOT Analysis

Strengths (10)

  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  • Company with No Debt

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • High Volume, High Gain

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 7,868.8
R2 7,952.4
R3 8,034.8
Pivot

7,786.38

S1 7,702.8
S2 7,620.4
S3 7,536.8
EMA SMA
7,683.0
7,794.2
7,856.6
7,731.9
7,676.0
7,728.6
8,129.0
7,760.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-14 6962.5 54778 NSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-11-14 6962.5 54778 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-03 6943.2 54779 NSE
Name Category Shares
Tata Sons Private Limited PROMOTER 42.22%
Tata Investment Corporation Limited PROMOTER 1.69%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
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Profit after Tax
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Tata Elxsi Ltd Stocks COMPARISON

Financials( in Cr) Tata Elxsi Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 7,785.15 3,876.30 1,498.05 1,543.55 480.10
% Change 1.44 0.92 0.96 -0.17 1.65
Mcap Cr 48,482.80 14,02,479.45 6,21,757.86 4,18,867.76 2,50,823.54
Revenue TTM Cr 3,144.72 2,25,458.00 1,46,767.00 1,01,456.00 90,487.60
Net Profit TTM Cr 755.19 42,303.00 24,108.00 14,845.00 11,366.50
PE TTM 59.93 30.46 25.26 26.75 21.86
1 Year Return 30.70 24.15 7.85 46.80 32.90
ROCE 46.63 58.04 44.36 27.62 17.11
ROE 40.97 47.26 36.42 23.32 15.89
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,085.77 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 30,755.54 35,765.55
LAST 3M 69,913.40 30,558.15
LAST 6M 1,30,081.93 64,349.19
LAST 12M 1,89,259.39 2,09,046.49

Tata Elxsi Ltd Information

Stock PE (TTM)
59.93
Promoter Holding
43.92%
Book Value
336.622
ROCE
46.63%
ROE
40.97%
Description
  • Tata Elxsi Limited, a part of Tata Group was incorporated in March 30th, 1989 as Tata Elxsi (India) Ltd. The Company is a global design and technology services company for product engineering and solution services across industries including Automotive, Broadcast, Communications, Healthcare, and Transportation. The operations are classified into two business divisions, i.e., Software Development and Services and Systems Integration and Support. Apart from these, the Company provides product design and engineering services to consumer electronics, communications and transportation industries and systems integration and support services for enterprise customers. It provides digital content creation for media and entertainment industry. The Company is having their state-of-the-art design centers and operates through delivery centers in Bangalore, Pune, Chennai Mumbai and Thiruvanathapuram. It has one subsidiary, Tata Elxsi (Singapore) Pte Ltd. The Company operates in two segments, namely Software Development and Services, and Systems Integration and Support. The businesses constituting Software Development and Services segment are embedded product design services (design and development of hardware and software), innovation design engineering (mechanical design with a focus on industrial design) and visual computing labs division. Systems Integration and Support offers a range of technical computing solutions spanning high-end computing platforms, networking, mechanical design automation tools, enterprise storage solutions, digital media and life sciences solutions through their tie-ups with global leaders in these respective areas. The company commenced their business on May 5, 1989. They undertook the role of being the focal point for the entry of the Tatas into high-technology fields by promoting new projects and companies in communications, oil fields services, process control, management systems, financial services, advanced materials and composites. In the year 2000, the shares of the company were acquired by the Tata Sons the main holding company of the Tata group. The company achieved SEI-CMM Level 5 during the year. They also opened their office in Europe. In the year 2001, the company opened the development centre in Techno Park in Thiruvanathapuram. Also, the company signed an agreement with Mechanical Dynamics Incorporated USA, to distribute their mechanisms analysis software. During the year 2002-03, the company opened marketing offices in Canada and Germany taking the total number of their overseas marketing offices for this business to six. Also, they commenced their work with several prestigious and major customers engaged in automotive and communication domains. During the year 2005-06, the company commissioned new development centres in Chennai and Pune with an initial capacity of 100 seats each to address opportunities in the area of Wireless and VoiP protocols respectively. They completed phase II of the new building at the Bangalore centre. Also, they doubled the capacity of the existing development centre at Trivandrum during the year. During the year 2006-07, the company established a near-shore development center in Japan to aid customer access to key technical resources, communications and project execution. During the year 2007-08, the company opened new development centres in Coimbatore and Hyderabad. The first phase of the company`s Thiruvanathapuram centre, which was earlier working from hired premises, has been made operational during the year. In December 2007, the company set up an overseas subsidiary company in Singapore, called Tata Elxsi (Singapore) Pte Ltd, in order to engage in development of software and trading in computer hardware and software. In September 2008, the company signed an agreement with Open Engineering, a unit of Belgium`s Samtech Group,for providing software services for industrial engineering. In the year 2009-10, Visual Computing Labs opened its state of the art studio in Los Angeles to service North America business interest. The studio is equipped with cutting-edge technology infrastructure. In year 2011-12, a new Company, M/s. A Squared Elxsi Entertainment (A2E2), LLC, was incorporated in the USA. In the year 2013-14, Embedded Product Design division of the company worked with a leading Japanese automotive OEM to design and develop a complete Electronic Control Unit (ECU) for a hybrid electric vehicle, including software and hardware. The hybrid vehicle was successfully released in the market in June 2013. This division supported India`s Mars Orbiter mission - Mangalyaan, by designing the Data Control Hardware which was installed in the Mars Orbiter and launched into space on November 05, 2013. In the year 2015-16, The Company for the first time crossed the 1000 crore mark in turnover in rupee terms. This was possible due to the concerted effort in scaling up the embedded product design and industrial design services business coupled with better ultilisation of available resources. The Visual Computing Labs division has been awarded with FICCI BAF 2016 for the `Best VFX in a Commercial` in the Afterlife Series. During FY2020-21, Company opened the Global Engineering Center (GEC) with Schaeffler Technologies AG & Co. KG, a world leader in providing mechatronics solutions for the Transportation industry. In FY 2020-21, Tata Elxsi expanded its RDK offerings by developing an end-to-end, full-stack, intuitive User Interface solution for RDK Video Accelerator set-top boxes. During the year 2023, Company launched the Employee Value Proposition (EVP) `Home to a Billion Possibilities,` highlighting the limitless opportunities for development and enriching job experiences within the Company.

Registered Address

ITPB Road, Whitefield, Bangalore, Karnataka, 560048

Tel : 91-80-22979123
Email : investors:tataelxsi.co.in
Website : http://www.tataelxsi.com
Registrar

TSR Consultants P Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500408
NSE Code : TATAELXSI
Book Closure Date (Month) : Jun/Jul
BSE Group : A
ISIN : INE670A01012

FAQ’s on Tata Elxsi Ltd Shares

You can buy Tata Elxsi Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tata Elxsi Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 04:09 PM the closing price of Tata Elxsi Ltd was ₹ 7,785.15.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 04:09 PM, the market cap of Tata Elxsi Ltd stood at ₹ 48,482.80.

The latest PE ratio of Tata Elxsi Ltd as of Mar 28, 2024 04:09 PM is 59.93

The latest PB ratio of Tata Elxsi Ltd as of Mar 28, 2024 04:09 PM is 0.04

The 52-week high of Tata Elxsi Ltd share price is ₹ 9,200.00 while the 52-week low is ₹ 5,882.55

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