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Company details

10,548.85
10,700.00
4,573.00
10,760.40
6M Return 52.78%
1Y Return 124.95%
Mkt Cap.(Cr) 66,005.71
Volume 15,940
Div Yield 0.40%
OI
-
OI Chg %
-
Volume 15,940

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Delivery and volume

Rapid Results

Q1FY23 Quarterly Result Announced for Tata Elxsi Ltd.

IT Consulting & Software firm Tata Elxsi Announced Q1FY23 Result :

  • Tata Elxsi delivers robust growth in Q1FY23 with 6.5% QoQ CC growth in revenues and industry leading EBITDA margin at 32.8%
  • Crosses the 10,000 employee count with strong employee addition in Q1FY23
  • Revenues from operations at Rs. 725.9 Cr, 6.5% QoQ, 30.0% YoY
  • EBITDA grows 7.6% QoQ and 58.8% YoY to 238.2 Cr
  • Industry-leading EBITDA Margin at 32.8%
  • Profit after tax at Rs. 184.7 Cr, growing 15.4% QoQ and 62.9% YoY
  • EPS grows 15.5% QoQ and 62.9% YoY to Rs. 29.66
  • Crosses 10,000 employee mark with 771 net additions in the quarter

Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance, said: “We are starting FY23 on a strong note with 6.5% QoQ revenue growth in constant currency. This was all volume-led and supported by robust growth across divisions, verticals and key markets. We continue to maintain and expand our margins with our EBITDA growing at 58.8% YoY and PAT growing at 62.9% YoY. Our differentiated delivery capability powered by Domain, Design, and Digital, is helping us continue to win deals which are of strategic importance to our customers.

I am delighted that the Tata Elxsi family is now over 10,000 people strong. We added 771 employees on a net basis in the quarter, more than doubling from the previous quarter. This has been aided by concerted efforts in reinforcing our employer brand proposition and employee engagement that have helped reduce our attrition rate in the quarter. We are also expanding our delivery presence with a new center in Kozhikode. We are taking a seminal role in fostering future design thinkers and innovators for sustainability, with the launch of iGNITE – a global design and innovation contest for sustainable design, coinciding with the World Industrial Design Day on 29th June.

I am delighted to start the financial year with robust growth in revenues, margins, employee and customer additions. We are entering the second quarter with a strong order book and a healthy deal pipeline across key markets and industries.”

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,600.91 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 667.97 50,551.69
LAST 3M 35,594.71 31,884.13
LAST 6M 117,845.77 -123,950.38
LAST 12M 211,388.56 -202,835.68
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jun 15, 2022 Dividend 425
Jun 17, 2021 Dividend 240
Jun 17, 2021 Dividend 240

Information

  • About Company
  • Company Info
  • Listing Info
107.17
43.92%
257.064
46.6%
37.23%
Description
  • Tata Elxsi Ltd. is in the Information Technology (IT) sector with the Market Capitalization of worth Rs. 27,425.42 crores, it is incorporated on 5th May '1989. It has reported the consolidated sales of Rs. 558.32 crores at the end of June '21 quarter. It is also listed in the Bombay Stock Exchange (BSE) with the code 500408, and also listed in the National Stock Exchange (NSE) with the code TATAELXSI.

    Elxsi was originally founded in 1979. Elxsi is believed to be the first startup founded by an Indian in Silicon Valley. The corporation operates in two segments Software Development and Services and Systems Integration and Support. Elxsi provides design and engineering services to consumer electronic communications and transport industries and offers services for Digital Content creation to the media and entertainment industries. Elxsi functions out of delivery centres located in Bangalore, Mumbai, Pune, Chennai, and Thiruvananthapuram. Also, Elxsi owns a subsidiary named Tata Elxsi Pte Ltd. located in Singapore. The company has 7362 permanent employees, including consultants. The company's promoters currently hold 44.53% of the stake in the company, out of which 1.22% is pledged, while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 11.82% and 0.83% of the stake. The balance 42.83%, is owned by others (38.37% by retail investors and 4.46% in Mutual Funds).

    In June 2021, quarterly net sales were Rs. 558.32 crores, which has increased by approximately 39.41% from Rs. 400.49 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 113.38 crores, which has increased by 64.63% from a net profit of Rs. 68.87 crores in June 2020. In June 2021, operating profit was reported at Rs. 510.10 crores, which is also up by approximately 36.96% from a net profit of Rs. 372.44 crores for the quarter ending in June 2020. From Rs. 11.06 in June 2020, the EPS of Elxsi has risen to Rs. 18.21 in June 2021. ELSXI's stock closed at Rs. 4403.85 on 16th August’2021 (NSE) and has returned 54.05% in the last six months and 331.81% in the last year.

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Registered Address

ITPB Road, Whitefield, Bangalore, Karnataka, 560048

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

Registrar

TSR Consultants P Ltd

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

ICICIdirect Tata Elxsi Ltd FAQ

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 Aug 18, 2022 12:31 PM the closing price of Tata Elxsi Ltd was ₹ 10,598.90.
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 Aug 18, 2022 12:31 PM, the market cap of Tata Elxsi Ltd stood at ₹ 66,005.71.
The latest PE ratio of Tata Elxsi Ltd as of Aug 18, 2022 12:31 PM is 107.17
The latest PB ratio of Tata Elxsi Ltd as of Aug 18, 2022 12:31 PM is 0.02
The 52-week high of Tata Elxsi Ltd is ₹ 10,760.40 while the 52-week low is ₹ 4,573.00 .

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