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Tata Elxsi Ltd

TATAELXSI NSE

Key Fundamentals

SmallcapComputer Software & ConsultingInformation Technology
Market Cap
₹23,077 Cr
Volatility
Moderate
P/E Ratio
34.85
EBITDA
₹181 Cr
Return on Equity
36%
Debt to Equity
0.05
Book Value
₹488.18
EPS
₹126.48
52W High
₹5,950
52W Low
₹3,353.9

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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39 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

3
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
  • Company has been maintaining a healthy dividend payout of 63.0%

Weaknesses

1
  • Stock is trading at 7.70 times its book value

Growth Rate

Revenue Growth
5.00%
Net Income Growth
-5.00%
Cash Flow Change
1969.18%
ROE
24.00%
ROCE
-
EBITDA Margin (Avg.)
-

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk high

Tata Elxsi Ltd is a nearly debt-free IT design and technology services company with a market cap of ₹23,360 Cr trading at a PE of 35.5x. While the company has delivered strong historical ROE averaging 32% over 5 years, recent growth has decelerated sharply with TTM sales growth at just 5% and profit declining 5% TTM, contributing to a 35% stock price decline over the past year.

Bull Case 7
  • Company is virtually debt-free, providing financial flexibility and resilience during downturns
  • Strong long-term ROE track record of 32% over 5 years and 29% over 3 years, indicating efficient capital deployment
  • Healthy dividend payout ratio of 63%, with current dividend yield of 2.02% — relatively attractive for an IT services company
  • 10-year compounded sales CAGR of 13% and profit CAGR of 16% demonstrate a sustained long-term growth trajectory
  • 5-year compounded profit growth of 14% shows the company's ability to scale profitably over medium-term cycles
  • 10-year stock CAGR of 16% reflects long-term wealth creation despite recent correction
  • Stock has corrected 35% in the last year, potentially compressing valuations from peak levels for those who believe growth will reaccelerate
Bear Case 8
  • TTM profit growth has turned negative at -5%, signaling earnings contraction in the most recent period
  • Stock is trading at 7.63x price-to-book value, a premium valuation that demands consistently high growth to justify
  • TTM revenue growth has slowed dramatically to just 5%, down from a 5-year CAGR of 16%
  • ROE has declined from a 5-year average of 32% to 24% in the last year, indicating deteriorating return profile
  • 3-year compounded profit growth is -3%, showing sustained earnings pressure beyond a single quarter
  • PE ratio of 35.5x remains elevated despite earnings deceleration, suggesting limited margin of safety
  • Stock price CAGR is negative across 1-year (-35%) and 3-year (-19%) periods, reflecting sustained investor de-rating
  • 3-year sales CAGR of just 6% versus 10-year CAGR of 13% indicates a structural slowdown in revenue momentum

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 6h ago
Positives 1
  • Healthcare MoU with SCTIMST Jul 27

    Tata Elxsi signed an MoU with Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) to collaborate on next-generation healthcare solutions, combining clinical expertise with advanced engineering capabilities.

Neutral 1
  • Tax penalty order under review Jul 20

    Tata Elxsi received an income tax penalty order of Rs 67,29,774 from the Commissioner of Income Tax. The company stated the order is under review.

TL;DR: Tata Elxsi is expanding its healthcare vertical through a strategic collaboration with a premier medical research institute, signaling diversification beyond its core automotive and media segments. The tax penalty of ~Rs 67.3 lakh is immaterial relative to the company's scale. No significant headwinds are visible in recent news, though the limited news flow makes it difficult to assess broader momentum.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
850
882
914
906
926
955
939
908
892
918
953
994
1,021
Expenses
599
618
644
645
674
689
693
701
705
725
731
749
805
Operating Profit
251
264
270
261
252
266
247
208
187
193
222
245
216
OPM %
30%
30%
30%
29%
27%
28%
26%
23%
21%
21%
23%
25%
21%
Other Income
22
31
35
34
32
64
40
43
38
49
-50
51
41
Interest
4
6
6
5
5
5
5
5
5
4
4
4
3
Depreciation
21
25
25
28
27
27
26
25
24
23
23
23
22
PBT
248
264
274
262
252
299
256
221
196
215
146
268
232
Tax %
24%
24%
25%
25%
27%
23%
22%
22%
26%
28%
26%
18%
27%
Net Profit
189
200
206
197
184
229
199
172
144
155
109
220
171
EPS in Rs
30.32
32.12
33.15
31.62
29.56
36.84
31.95
27.68
23.18
24.85
17.48
35.37
27.38
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
849
1,075
1,237
1,386
1,597
1,610
1,826
2,471
3,145
3,552
3,729
3,757
3,886
Expenses
672
827
964
1,039
1,181
1,266
1,303
1,704
2,182
2,505
2,755
2,909
3,010
Operating Profit
177
248
274
347
416
344
524
767
962
1,047
974
848
876
OPM %
21%
23%
22%
25%
26%
21%
29%
31%
31%
29%
26%
23%
23%
Other Income
4
12
18
43
43
58
40
45
74
122
179
88
91
Interest
1
1
1
1
1
7
7
10
17
21
20
18
14
Depreciation
25
23
27
25
25
43
44
55
81
99
105
94
92
PBT
156
236
264
364
433
352
512
745
938
1,049
1,028
825
861
Tax %
34%
34%
34%
34%
33%
27%
28%
26%
19%
24%
24%
24%
Net Profit
103
155
175
240
290
256
368
550
755
792
785
628
655
EPS in Rs
16.52
24.85
28.05
38.54
46.56
41.12
59.11
88.26
121
127
126
101
105
Div. Payout %
33%
28%
29%
29%
29%
40%
81%
48%
50%
55%
60%
74%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
31
31
31
62
62
62
62
62
62
62
62
62
Reserves
252
355
527
676
880
1,028
1,290
1,539
2,023
2,443
2,798
2,979
Borrowings
0
0
0
0
0
58
73
138
185
225
192
162
Other Liabilities
182
214
158
207
201
241
291
430
493
457
533
759
Total Liabilities
465
600
715
945
1,143
1,389
1,717
2,169
2,764
3,187
3,586
3,963
Fixed Assets
98
107
108
94
101
147
170
272
334
396
318
259
CWIP
3
2
1
2
0
1
7
22
7
2
2
0
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
364
491
607
848
1,042
1,241
1,540
1,876
2,423
2,789
3,266
3,703
Total Assets
465
600
715
945
1,143
1,389
1,717
2,169
2,764
3,187
3,586
3,963
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
143
121
144
197
215
256
437
483
487
701
812
664
Investing
-29
-31
28
-245
-162
43
-439
-106
-201
-274
-311
-70
Financing
-32
-41
-52
-60
-83
-124
-126
-326
-303
-428
-499
-535
Net Cash Flow
83
49
120
-108
-30
175
-128
51
-17
-1
2
59
Free Cash Flow
110
84
118
185
184
233
399
412
423
618
796
654
CFO/OP
103
79
88
90
86
100
107
90
70
92
106
105
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
66
73
72
81
81
89
98
99
113
100
95
105
Inventory Days
0
6
8
2
1
2
Days Payable
205
212
244
202
162
Cash Conversion Cycle
66
73
72
81
-117
-116
98
-143
-88
-60
95
105
Working Capital Days
10
26
54
59
69
72
53
47
75
72
65
53
ROCE %
60%
71%
56%
57%
51%
35%
40%
48%
48%
43%
36%
30%

Shareholding Pattern

As of Jun 2026
Promoters 43.90%
Public 30.49%
DIIs 11.04%
FIIs 9.85%
Others 4.73%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
44.53%
44.53%
44.53%
44.32%
44.08%
43.92%
43.92%
43.92%
43.92%
43.92%
43.92%
43.92%
43.92%
43.92%
43.91%
43.91%
43.91%
43.91%
43.90%
43.90%
43.90%
43.90%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
13.81%
0.00%
14.56%
13.67%
13.65%
13.27%
12.73%
12.74%
12.53%
8.57%
11.09%
9.85%
DIIs
4.68%
5.29%
4.53%
5.31%
4.80%
4.10%
3.78%
3.43%
3.55%
4.08%
4.81%
5.55%
6.05%
6.25%
7.39%
7.51%
8.54%
9.80%
10.38%
12.29%
11.39%
11.04%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
32.22%
31.63%
32.33%
33.21%
32.37%
32.03%
32.19%
34.31%
34.23%
33.31%
33.06%
31.12%
31.30%
32.04%
30.92%
31.24%
30.70%
29.50%
28.91%
29.90%
29.27%
30.49%
Others
18.57%
18.55%
18.61%
17.15%
18.76%
19.96%
20.11%
18.34%
18.31%
18.70%
4.40%
19.41%
4.17%
4.12%
4.13%
4.07%
4.12%
4.05%
4.28%
5.34%
4.36%
4.73%
No. of Shareholders
0
1,91,909
2,26,048
3,21,339
3,97,296
4,13,752
4,60,566
4,96,548
5,82,903
5,62,362
5,66,920
5,16,330
5,37,460
5,74,515
5,50,841
5,72,719
5,89,967
5,79,310
5,78,736
5,73,312
5,66,988
5,89,805

Documents

Frequently Asked Questions about Tata Elxsi Ltd

What does Tata Elxsi Ltd do?
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, valid...
Where is Tata Elxsi Ltd (TATAELXSI) listed?
Tata Elxsi Ltd is listed on the Indian stock exchanges. It is listed on NSE: TATAELXSI and BSE: 500408. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Tata Elxsi Ltd belong to?
Tata Elxsi Ltd operates in the Information Technology sector within the Computer Software & Consulting industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Tata Elxsi Ltd?
Tata Elxsi Ltd has a market capitalisation of approximately ₹23077.32 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Tata Elxsi Ltd?
The Price-to-Earnings (PE) ratio of Tata Elxsi Ltd is 34.85. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Tata Elxsi Ltd?
Over the past 52 weeks, Tata Elxsi Ltd has traded between a low of ₹3,353.9 and a high of ₹5,950. This range helps investors understand the stock's price volatility and recent trading levels.
Does Tata Elxsi Ltd pay dividends?
Yes, Tata Elxsi Ltd has a dividend yield of 1.99%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Tata Elxsi Ltd?
Tata Elxsi Ltd has a Return on Equity (ROE) of 36.00%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Tata Elxsi Ltd on Tapetide?
On Tapetide, you can view Tata Elxsi Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide. [1]

CEO Mr. Manoj Raghavan
Employees 11,973
Listed 2003-09-17
Face Value ₹ 10
Issued Size 6,22,95,229

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