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Earnings Call

Tata Elxsi Earnings Call: Key Takeaways

Tata Elxsi delivered 0.9% sequential growth, masked by a 13.1% decline in Healthcare. Management shifted from double-digit to high-single-digit FY27 aspirations due to global volatility and deal delays.

Highlights
Revenue growth0.9% QoQ constant currency growth in Q4 FY26.
MarginsEBITDA margin improved 130bps to 24.6% via operational efficiencies.
Order bookStrategic wins in APAC and US; multi-year deal in Media.
Demand visibilityMixed visibility; strong Transportation pipeline vs volatile Healthcare and Media.
Management confidenceCautiously optimistic; lowered growth aspirations from double to single digits.

Growth

Growth driven by Transportation (0.2%) and Media (5.6%), offset by Healthcare underperformance.

Outlook

Targeting 27% PBT margins by Q4 FY27; high-single-digit revenue growth expected for FY27.

Risks

Healthcare segment volatility, prolonged deal closure cycles, and geopolitical uncertainties impacting client spending.

Source

Earnings Call filed with BSE, NSE: TATAELXSI. Summary written with AI assistance from the document.

Read the document ↗

Tata Elxsi Ltd: key numbers

Share price
₹3,191.00
Market cap
₹19,882 Cr
Revenue (annual)
₹3,757 Cr
Net profit (annual)
₹628.4 Cr
P/E (TTM)
30.4×Sector 21.9×
Promoter holding
43.90%+0.00% QoQ
FII holding
9.85%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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