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Tata Elxsi Overview

Tata Elxsi Limited is a issuer of design and technology offerings agency. The Company operates in two segments: system integration & help and software program improvement & services. Its system integration & guide segment is engaged in enforcing and integrating complete structures and solutions for computing, computer-aided design (CAD)/ computer-aided manufacturing (CAM) / computer-aided engineering (CAE)/ product lifecycle control (PLM), broadcast, digital fact, storage, and disaster recuperation and professional services for renovation and a...Read More

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Tata Elxsi Key Financials

Market Cap ₹26507 Cr.

Stock P/E 33.8

P/B 9.4

Current Price ₹4255

Book Value ₹ 451.3

Face Value 10

52W High ₹6733.5

Dividend Yield 1.76%

52W Low ₹ 4222.2

Tata Elxsi Share Price

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Volume
Price

Tata Elxsi Quarterly Price

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Tata Elxsi Peer Comparison

Tata Elxsi Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 882 914 906 926 955 939 908 892 918 953
Other Income 31 35 34 32 64 40 43 38 49 46
Total Income 913 949 940 959 1019 979 951 931 967 1000
Total Expenditure 618 644 645 674 689 693 701 705 725 731
Operating Profit 295 305 295 284 331 286 251 225 242 268
Interest 6 6 5 5 5 5 5 5 4 4
Depreciation 25 25 28 27 27 26 25 24 23 23
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -96
Profit Before Tax 264 274 262 252 299 256 221 196 215 146
Provision for Tax 64 68 65 68 69 57 49 52 60 37
Profit After Tax 200 206 197 184 229 199 172 144 155 109
Adjustments 0 0 -0 0 0 -0 -0 0 -0 0
Profit After Adjustments 200 206 197 184 229 199 172 144 155 109
Adjusted Earnings Per Share 32.1 33.1 31.6 29.6 36.8 32 27.7 23.2 24.9 17.5

Tata Elxsi Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 849 1075 1237 1386 1597 1610 1826 2471 3145 3552 3729 3671
Other Income 10 12 18 45 43 65 40 45 77 122 180 176
Total Income 860 1087 1256 1431 1640 1675 1866 2515 3222 3674 3909 3849
Total Expenditure 679 827 964 1041 1181 1272 1303 1704 2186 2505 2756 2862
Operating Profit 181 260 292 390 460 403 563 811 1036 1169 1153 986
Interest 1 1 1 1 1 7 7 10 17 21 20 18
Depreciation 25 23 27 25 25 43 44 55 81 99 105 95
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 -96
Profit Before Tax 156 236 264 364 433 352 512 745 938 1049 1028 778
Provision for Tax 53 82 89 124 143 96 144 196 182 256 243 198
Profit After Tax 103 155 175 240 290 256 368 550 755 792 785 580
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 103 155 175 240 290 256 368 550 755 792 785 580
Adjusted Earnings Per Share 16.5 24.9 28.1 38.5 46.6 41.1 59.1 88.3 121.3 127.2 126 93.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 5% 15% 18% 16%
Operating Profit CAGR -1% 12% 23% 20%
PAT CAGR -1% 13% 25% 23%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -19% -11% 9% 16%
ROE Average 29% 35% 34% 36%
ROCE Average 39% 46% 46% 51%

Tata Elxsi Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 283 386 558 738 943 1090 1352 1601 2086 2506 2860
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 95 147 23 15 6 73 90 149 186 212 158
Total Current Liabilities 211 266 132 188 188 217 264 410 479 446 530
Total Liabilities 590 798 712 941 1137 1380 1707 2160 2751 3163 3548
Fixed Assets 98 107 108 94 101 147 170 272 334 396 318
Other Non-Current Assets 123 168 38 41 28 32 146 193 104 230 433
Total Current Assets 368 524 567 805 1008 1201 1391 1696 2313 2537 2797
Total Assets 590 798 712 941 1137 1380 1707 2160 2751 3163 3548

Tata Elxsi Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 47 130 71 191 83 54 228 100 151 134 133
Cash Flow from Operating Activities 143 121 144 197 215 256 437 483 487 701 812
Cash Flow from Investing Activities -27 -29 38 -247 -159 39 -438 -108 -202 -270 -308
Cash Flow from Financing Activities -32 -41 -52 -60 -83 -124 -126 -326 -303 -428 -499
Net Cash Inflow / Outflow 85 51 129 -110 -26 171 -127 49 -18 3 5
Closing Cash & Cash Equivalent 130 179 191 83 54 228 100 151 134 133 135

Tata Elxsi Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 16.52 24.86 28.07 38.54 46.56 41.12 59.11 88.26 121.26 127.21 126.03
CEPS(Rs) 20.49 28.49 32.39 42.62 50.59 48.09 66.24 97.15 134.33 143.18 142.86
DPS(Rs) 11 14 16 11 13.5 16.5 48 42.5 60.6 70 75
Book NAV/Share(Rs) 45.5 61.93 89.55 118.56 151.38 175.03 217.12 257.06 334.92 399.93 456.07
Core EBITDA Margin(%) 20.12 23.04 22.11 24.9 26.05 20.99 28.67 31.03 30.5 29.48 26.1
EBIT Margin(%) 18.44 22.04 21.42 26.31 27.2 22.32 28.42 30.6 30.36 30.12 28.12
Pre Tax Margin(%) 18.36 21.98 21.36 26.25 27.14 21.89 28.03 30.17 29.81 29.52 27.58
PAT Margin (%) 12.11 14.4 14.13 17.32 18.16 15.91 20.16 22.25 24.01 22.3 21.05
Cash Profit Margin (%) 15.03 16.5 16.3 19.14 19.73 18.6 22.59 24.49 26.6 25.1 23.86
ROA(%) 19.36 22.31 23.15 29.04 27.91 20.34 23.85 28.43 30.76 26.79 23.39
ROE(%) 39.72 46.28 37.06 37.04 34.5 25.2 30.15 37.23 40.97 34.62 29.45
ROCE(%) 60.46 70.84 56.19 56.28 51.68 35.35 42.5 51.2 51.8 46.6 39.09
Receivable days 66.53 62.68 67.85 72.6 75.79 84.9 88.12 85.84 95.71 100.08 95.1
Inventory Days 0.12 0 0 0 0.38 0.38 0.18 0.05 0.06 0.08 0
Payable days 972 990.05 958.01 868.56 1371.84 1476.93 1371.22 2028.54 1612.82 1958.38 1536.47
PER(x) 35.05 37.82 26.07 25.56 20.69 15.32 45.57 100.16 49.16 61.15 41.39
Price/Book(x) 12.73 15.18 8.17 8.31 6.36 3.6 12.4 34.39 17.8 19.45 11.44
Dividend Yield(%) 0.95 0.74 1.09 1.12 1.4 2.62 1.78 0.48 1.02 0.9 1.44
EV/Net Sales(x) 4.09 5.28 3.48 4.14 3.43 2.02 8.71 21.89 11.43 13.25 8.28
EV/Core EBITDA(x) 19.15 21.86 14.74 14.72 11.93 8.09 28.25 66.67 34.68 40.25 26.77
Net Sales Growth(%) 10.01 26.58 15.08 12.04 15.19 0.81 13.44 35.3 27.28 12.96 4.98
EBIT Growth(%) 33.27 51.29 11.83 37.62 19.12 -17.31 44.44 45.68 26.3 12.05 -1.98
PAT Growth(%) 37 50.45 12.9 37.33 20.8 -11.68 43.74 49.32 37.39 4.91 -0.92
EPS Growth(%) 37 50.45 12.9 37.33 20.8 -11.68 43.74 49.32 37.39 4.91 -0.93
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.74 1.97 4.3 4.29 5.36 5.53 5.26 4.13 4.83 5.69 5.28
Quick Ratio(x) 1.74 1.97 4.3 4.29 5.35 5.52 5.26 4.13 4.83 5.69 5.28
Interest Cover(x) 236.3 374.55 349.21 456.45 418.73 52.72 73.58 72.19 55.23 50.66 51.91
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Tata Elxsi Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 43.92 43.92 43.92 43.92 43.91 43.91 43.91 43.91 43.9 43.9
FII 13.81 15.02 14.56 13.67 13.64 13.26 12.72 12.74 12.53 8.56
DII 4.81 5.72 6.06 6.25 7.39 7.51 8.54 9.8 10.38 12.29
Public 37.47 35.35 35.47 36.17 35.05 35.31 34.83 33.55 33.19 35.25
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Tata Elxsi News

Tata Elxsi Pros & Cons

Pros

  • Company has delivered good profit growth of 25% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35%
  • Debtor days have improved from 1958.38 to 1536.47days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 43.9%.
  • Stock is trading at 9.4 times its book value.
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