TATA ELXSI SHARE PRICE

IT Consulting & Software company Tata Elxsi announced Q1FY27 results

Financial Highlights:

• The company reported a Total income from operations (net) of Rs 1,06,256.51 lakh in Q1FY27, representing a YoY increase of 14.18% from Rs 93,056.88 lakh in Q1FY26 and a QoQ increase of 1.75% from Rs 1,04,433.97 lakh in Q4FY26.
• Revenue from operations for Q1FY27 stood at Rs 1,02,110.75 lakh, showing a YoY growth of 14.46% compared to Rs 89,209.59 lakh in Q1FY26 and a QoQ growth of 2.75% compared to Rs 99,375.12 lakh in Q4FY26.
• Other income (net) for Q1FY27 was recorded at Rs 4,145.76 lakh, reflecting a YoY increase of 7.76% from Rs 3,847.29 lakh in Q1FY26 and a QoQ decline of 18.05% from Rs 5,058.85 lakh in Q4FY26.
• Profit before tax (PBT) for Q1FY27 was Rs 23,245.69 lakh, a YoY growth of 18.39% from Rs 19,634.66 lakh in Q1FY26 and a QoQ decrease of 13.19% from Rs 26,777.25 lakh in Q4FY26.
• Net profit for the period for Q1FY27 stood at Rs 17,059.87 lakh, registering a YoY increase of 18.17% from Rs 14,436.77 lakh in Q1FY26 and a QoQ decline of 22.58% from Rs 22,035.13 lakh in Q4FY26.
• Total comprehensive income for Q1FY27 was Rs 16,954.02 lakh, showing a YoY growth of 17.31% compared to Rs 14,452.20 lakh in Q1FY26 and a QoQ decrease of 25.21% compared to Rs 22,668.28 lakh in Q4FY26.
• The Basic and Diluted Earnings Per Share (EPS) for Q1FY27 was Rs 27.38, compared to Rs 23.18 in Q1FY26 and Rs 35.37 in Q4FY26.
• Finance costs for Q1FY27 were Rs 271.98 lakh, a YoY decrease of 40.39% from Rs 456.25 lakh in Q1FY26 and a QoQ decrease of 33.84% from Rs 411.07 lakh in Q4FY26.

Business Highlights:

• Software Development & Services: This segment reported a revenue of Rs 99,226.07 lakh in Q1FY27, reflecting a YoY growth of 13.73% compared to Rs 87,244.64 lakh in Q1FY26. The segment result (profit) was Rs 29,533.70 lakh in Q1FY27 compared to Rs 25,369.72 lakh in Q1FY26.
• System Integration & Support Services: This segment recorded a revenue of Rs 2,884.68 lakh in Q1FY27, a YoY increase of 46.81% from Rs 1,964.95 lakh in Q1FY26. The segment result was a profit of Rs 310.88 lakh in Q1FY27, compared to a loss of Rs 257.90 lakh in Q1FY26.
• Company Structure: The company is structured into two industry verticals: software development & services and system integration & support services. Assets and liabilities are used interchangeably amongst segments, and as a result, they have not been identified to any of the reportable segments.

Manoj Raghavan, CEO & Managing Director, Tata Elxsi, said: “For the quarter, Tata Elxsi delivered a healthy performance with growth in our two primary verticals, supported by strong deal execution and continued momentum in large strategic engagements. We also crossed a key milestone of reporting operating revenue of more than Rs. 1,000 crores in the current quarter. The performance in the quarter reflects the strength and increasing relevance of our design-led and AIenabled engineering capabilities in our chosen industries.

Our Transportation business reported a growth of 13.3% YoY, driven by accelerated OEM engagements and strategic wins in the off-road and aerospace segments. We are scaling our offerings and capabilities to help Auto OEMs pivot to a connected, multi-powertrain and AI powered mobility, with OEM revenues now constituting 78% of our automotive revenues.

We are delighted with the partnership with JSW Motors to establish JNEXT – JSW NextGen Technology Centre as a strategic hub for next-generation software defined, AI-powered mobility solutions. This partnership is a testament to our world-class capabilities and proposition for enabling a technology-led, new-energy mobility ecosystem in India.

In Media & Communications, we delivered another strong quarter, growing 22.2% YoY through continued ramp-up of key engagements and expanded programs with global operators, broadcasters and device OEMs.

Our Domain AI approach enabled a strategic Gen AI powered transformation and managed services deal win for a large-scale AdTech ecosystem in the US. This program delivers end-to-end application support and phased modernization of legacy systems with a Gen AI powered SDLC process, enabling tangible outcomes in legacy modernisation, future service efficiency and platform reliability.

I am delighted with the major milestone for our Neuron platform portfolio, enabling Sky in Europe to transition toward autonomous network operations by combining AI-driven automation with inventory-led network intelligence, delivering measurable efficiency and agility ranging from 30-70% across key parameters.

Our Healthcare and Life Sciences business reported a growth of 1.7% QoQ, amidst a muted business environment for the healthcare industry. We are investing in pivoting to an AI-first, design-led, and regulatory-aware engineering approach in this business, partnering with leading AI companies across the world. In this quarter, we announced the launch of a Gen AI powered material intelligence platform ViTEL, and an AI-native Software Development platform for medtech and healthcare, AnaTEL.

I am delighted with our first strategic deal for ViTEL with a global medtech company to deliver structured material traceability and compliance across product, supplier, and material datasets.

Across verticals, we are gaining traction with our platform-enabled offerings to help customers accelerate their strategic roadmaps of integrating AI into their workflows, products and customer experience.

FY27 marks a year of future focus for the company, as we prepare and equip ourselves for a world reshaped by AI. We are making targeted investments in specialized talent, AI powered platforms, tools and infrastructure, to pivot to a Domain AI future. These investments are enhancing customer value creation with tangible outcomes, and opening new avenues for growth and positioning us for the year and decade ahead.

We are well positioned to address the strategic priorities of our customers in our chosen verticals— connected, intelligent and software-defined products, digital transformation, AI-powered efficiencies and customer experience, and engineering modernization.

We are firmly focussed on sustainable growth, deepening our engagements with key customers and positioning ourselves to shape and win strategic long-term deals and add marquee customers, even as we protect and improve upon our industry-leading margins.”

Result PDF