TATAELXSI · NSE
Tata Elxsi Limited
₹3,266.7
-3.40% (-₹115.1)
Prev. close
₹3,381.8
Volume
2,97,430
Delivery %
52.5%
As of
18 Sept 2026
Price history
Kotak Institutional Equities Analysis · Kotak Institutional Equities · 15 Jul 2026
“Maintained 'Sell' rating on Tata Elxsi with a ₹3,000 price target. Revenue was in-line, but profitability disappointed due to deal transition costs and upfront investments. A significant portion of cost inflation is seen as structural, likely weighing on future profitability. Global automotive R&D spending is expected to remain subdued through CY2026, impacting the automotive business.”
Published mid-session at 10:21 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts are split
2 analyst stances · last 90 days · one per analyst
Trackable
2 · 0 bull / 1 neutral / 1 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Maintained 'Neutral' rating on Tata Elxsi with a ₹3,500 price target. The quarter was mixed, with revenue marginally exc…” | Morgan Stanley AnalysisMorgan Stanley India | Tata Elxsi Ltd. | PENDING | ||||
| “Maintained 'Sell' rating on Tata Elxsi with a ₹3,000 price target. Revenue was in-line, but profitability disappointed d…” | Kotak Institutional Equities AnalysisKotak Institutional Equities | Tata Elxsi Ltd. | PENDING | ||||
“Maintained 'Sell' rating on Tata Elxsi with a ₹3,000 price target. Revenue was in-line, but profitability disappointed due to deal transition costs and upfront investments. A significant portion of cost inflation is seen as structural, likely weighing on future profitability. Global automotive R&D spending is expected to remain subdued through CY2026, impacting the automotive business.” Rating & targetTrack opinion → This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
Fundamentals
About Tata Elxsi Limited
Tata Elxsi Limited provides product design and engineering, systems integration, and support services in India, the United States, Europe, and Internationally. The company operates through two segments, Systems Integration and Support, and Software Development and Services. It offers iCX, a SaaS-based solution for automating, monitoring, and managing CPEs; and AIVA, an AI-based video analytics platform that automates video tagging, object detection, content indexing, and metadata generation. It also provides QoEtient, a platform for video streaming services; TEPlay, an OTT/IPTV platform; Neuron, an autonomous network platform for telco operators; and uLike, a platform for AI-powered content recommendation engine. In addition, it offers TETHER, a cloud-based platform for vehicle connectivity; eMobility HILS, a scalable solution for validating electric vehicle systems; Robo-Taxi, a platform for autonomous ride-hailing; AVENIR, a platform for real-time data processing, validation, and integration for software defined vehicles; AutonomAI, an AI-driven platform for self-driving capabilities; and MOBIUS+, a blockchain-powered solution. Further, it provides TEDREG, a regulatory intelligence platform for compliance management; Digital Health Platform, a customizable platform for remote patient monitoring, virtual consultations, and personalized health insights; TEngage, a digital health platform for patient engagement tools with customizable workflows, interactive communication channels, and performance tracking dashboards; TEDAX Big Data, an AI-driven analytics platform; and TEcare, a care management platform for multi-channel support and care plan customization. It serves automotive, broadcast and media, communications, off-highway equipment, healthcare and life sciences, appliances and consumer electronics, rail, semiconductor, and aerospace industries. The company was incorporated in 1989 and is headquartered in Bengaluru, India.
Details
Sector
Technology
Industry
Software - Application
CEO
Mr. Manoj Raghavan
Headquarters
Bengaluru
Employees
11,046
Website
tataelxsi.comExchange
View on NSE ↗Key stats
Market cap
₹21,068.47 Cr
P/E ratio (TTM)
32.1
Dividend yield
2.22%
EPS (TTM)
₹105.24
Beta (1Y · daily vs NIFTY 50)
1.06
Beta (5Y · monthly vs NIFTY 50)
0.91
Shares float
3.43 Cr
EPS · quarter ended Jun 2026
₹27.38
Upcoming earnings
08 Oct 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (standalone), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,826.16 Cr | ₹2,470.80 Cr | ₹3,144.72 Cr | ₹3,552.15 Cr | ₹3,729.05 Cr | ₹3,757.42 Cr | |
| EBITDA | ₹562.18 Cr | ₹810.25 Cr | ₹1,035.09 Cr | ₹1,168.39 Cr | ₹1,152.26 Cr | ₹935.14 Cr |
| ₹368.12 Cr | ₹549.67 Cr | ₹755.19 Cr | ₹792.24 Cr | ₹784.94 Cr | ₹628.43 Cr | |
| Diluted EPS | ₹59.11 | ₹88.26 | ₹121.26 | ₹127.18 | ₹126.01 | ₹100.89 |
Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, Pretax income, Tax provision, Interest expense, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,716.69 Cr | ₹2,169.17 Cr | ₹2,763.50 Cr | ₹3,186.98 Cr | ₹3,585.72 Cr | ₹3,962.54 Cr | |
| ₹73.21 Cr | ₹138.50 Cr | ₹182.26 Cr | ₹223.98 Cr | ₹192.29 Cr | ₹162.28 Cr | |
| Stockholders' equity | ₹1,352.17 Cr | ₹1,600.90 Cr | ₹2,085.77 Cr | ₹2,505.66 Cr | ₹2,859.97 Cr | ₹3,041.34 Cr |
Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹481.29 Cr | ₹486.86 Cr | ₹701.23 Cr | ₹811.98 Cr | ₹663.98 Cr | |
| Investing cash flow | — | ₹-136.78 Cr | ₹-201.91 Cr | ₹-270.14 Cr | ₹-308.28 Cr | ₹-72.52 Cr |
| — | ₹-326.02 Cr | ₹-303.12 Cr | ₹-427.83 Cr | ₹-498.59 Cr | ₹-534.79 Cr | |
| Capital expenditure | — | ₹-71.19 Cr | ₹-64.10 Cr | ₹-83.02 Cr | ₹-16.34 Cr | ₹-10.68 Cr |
| End cash position | — | — | ₹133.89 Cr | ₹133.24 Cr | ₹135.28 Cr | ₹194.52 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22–Jun 24(9Q) | Sep 24–Jun 25(4Q) | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|---|---|
| Promoter | 44.53% | 44.32% | 44.08% | 43.92% | 43.91% | 43.90% |
| Public | 55.47% | 55.68% | 55.92% | 56.08% | 56.09% | 56.10% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| Tata Elxsi Limited | ₹21,013.64 Cr | ₹3,381.8 | 32.8 | 6.91 | 20.7% | 0.05 | +0.8% | -40.5% |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
34 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.