Tata Elxsi Ltd

At the scrip's previous closing price of Rs 4899.75, this translates to a dividend yield of 1.53% . The company on Thursday had announced its earnings for the quarter ended on 31 March 2025. Tata Elxsi has reported 12.4% fall in net profit to Rs 172.4 crore in Q4 FY25 from Rs 196.9 crore in Q4 FY24. Revenue from operations for the period under review aggregated to Rs 908.3 crore, up 0.3% YoY. EBITDA fell by 20.5% to Rs 207.7 crore in the fourth quarter from Rs 261.2 crore posted in the same period last year. EBITDA margin in Q4 FY25 was 22.9% as against 28.8% in Q4 FY24. Profit before tax in Q4 FY25 stood at Rs 221.4 crore, which is lower by 15.6% as compared with the pre-tax profit of Rs 262.4 crore recorded in Q4 FY24. The Tata Group company has recorded 0.9% decline in consolidated net profit to Rs 784.9 crore despite a 5% rise in net sales to Rs 3,729 crore in FY25 as compared with FY24. Separately, Tata Elxsi said that it had secured a strategic multi-year deal valued at '50 million with a leading European headquartered automotive OEM. As part of this collaboration, Tata Elxsi would establish a dedicated Global Engineering Centre to support the customer's software platform roadmap and brand aligned software engineering programs. This centre would serve as a hub for developing a unified technology stack encompassing a proprietary operating system, electronic architecture and automotive cloud. Together, these would power advanced in-vehicle capabilities, seamless connectivity, and software upgradability across brands and product lines. Tata Elxsi is amongst the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation. Powered by Capital Market - Live

Revenue from operations for the period under review aggregated to Rs 908.3 crore, up 0.3% YoY. EBITDA fell by 20.5% to Rs 207.7 crore in the fourth quarter from Rs 261.2 crore posted in the same period last year. EBITDA margin in Q4 FY25 was 22.9% as against 28.8% in Q4 FY24. Profit before tax in Q4 FY25 stood at Rs 221.4 crore, which is lower by 15.6% as compared with the pre-tax profit of Rs 262.4 crore recorded in Q4 FY24. The Tata Group company has recorded 0.9% decline in consolidated net profit to Rs 784.9 crore despite a 5% rise in net sales to Rs 3,729 crore in FY25 as compared with FY24. The board of directors have recommended a final dividend of Rs 75 per equity share for the financial year ending 31 March 2025, subject to approval by the shareholders of the company at the upcoming annual general meeting. Manoj Raghavan, CEO and managing director, Tata Elxsi, said: 'We reported a healthy QoQ growth of 3.5% in constant currency terms in the quarter for our Healthcare & Life Sciences segment. This vertical continues to add marquee logos and pivot strongly to scaling services for digital, product engineering and innovation. Our automotive business witnessed challenges in the quarter as some OEMs and suppliers paused new program starts in the face of geopolitical, business and market uncertainties. We also saw delays in ramp ups planned for ongoing deals won in the previous quarters, that we expect to resume starting Q1'26. I am delighted to report a euro 50 million multi-year SDV and software engineering deal with a European Automotive leader, that will ramp up starting April 2025. Our media and communications business saw some customer specific issues in the quarter due to mergers and business restructuring, while the overall industry continues to exercise caution in R&D spend and innovation. I am pleased to report a strategic multi-year product engineering consolidation deal of over $100 million with a marquee operator in media and communications, the largest single deal in our company's history. We also won a strategic $10 million consolidation deal with a global broadcaster for their streaming video platform engineering. Our Systems Integration and Support (SIS) Business is pivoting to value-added services and innovation-led projects such as experience centres, and delivered a prestigious experiential project in Japan this quarter. We are transforming our customer base across industries, with a continued shift towards OEMs in the automotive industry, and operators in the media and telecom industry, while we continue to deepen our key customer relationships. We are expanding our vertical presence with the addition of aerospace and defence, addressing emerging opportunities for space, unmanned aerial vehicles, software defined systems and indigenisation in this sector.' Tata Elxsi is amongst the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation. Powered by Capital Market - Live

Tata Elxsi announced that the Board of Directors of the Company at its meeting held on 17 April 2025, inter alia, have recommended the final dividend of Rs 75 per equity Share (i.e. 750%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Tata Elxsi declined 12.45% to Rs 172.42 crore in the quarter ended March 2025 as against Rs 196.93 crore during the previous quarter ended March 2024. Sales rose 0.26% to Rs 908.34 crore in the quarter ended March 2025 as against Rs 905.94 crore during the previous quarter ended March 2024. For the full year,net profit declined 0.92% to Rs 784.94 crore in the year ended March 2025 as against Rs 792.24 crore during the previous year ended March 2024. Sales rose 4.98% to Rs 3729.05 crore in the year ended March 2025 as against Rs 3552.15 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales908.34905.94 0 3729.053552.15 5 OPM %22.8628.84 -26.0929.46 - PBDT246.14289.98 -15 1133.271148.13 -1 PBT221.45262.40 -16 1028.401048.68 -2 NP172.42196.93 -12 784.94792.24 -1 Powered by Capital Market - Live

Tata Elxsi will hold a meeting of the Board of Directors of the Company on 17 April 2025.Powered by Capital Market - Live

Tata Elxsi has allotted 530 equity shares under ESOP on 28 February 2025. With this allotment, the paid up equity share capital of the company has increased to Rs. 62,28,41,280 divided into 6,22,84,128 equity shares of Rs. 10 each. Powered by Capital Market - Live

On a quarter-on-quarter basis, the company's net profit and revenue were lower by 13.26% and 1.66%, respectively. Profit before tax (PBT) stood at Rs 255.84 crore in the quarter ended 31 December 2024 quarter, down 14.34% QoQ and 6.65% YoY. EBITDA stood at Rs 246.6 crore in the quarter ended 31 December 2024 (down 7.4% QoQ and up 8.7% YoY). EBITDA margin was at 20.3% in Q3 FY25 as compared to 22.5% posted in Q2 FY25 and 21.7% in Q3 FY24. The revenue growth stood at 2% YoY while remained flat on a QoQ basis in constant currency (CC) terms. Transportation grew by 0.5% QoQ in CC terms, amidst longer deal closure cycles being witnessed in the automotive industry. Healthcare grew by 1.1% QoQ in CC terms with new customer wins and traction from digital and Gen AI-powered offerings. Media and Communications revenue grew by 0.4% QoQ in CC terms in a quarter that is traditionally soft and impacted by furloughs. The company's total headcount in Q3 of FY25 stood at 12,878. Attrition rate stood at 12.4% in Q3 FY25 as compared to 12.9% in Q3 FY24 and 12.5% in Q2 FY25. Manoj Raghavan, CEO and managing director of Tata Elxsi, said, 'We continue to see positive outcomes of our strategic business focus on Japan, emerging markets, and capitalizing on the India opportunity. During the quarter, our revenue from India has grown by 21.9% YoY, while Japan and emerging markets grew at 66.8% YoY. This will serve us well over the next few quarters even as we navigate geopolitical uncertainty, currency volatility, and industry-specific challenges in Europe and the US. Amongst the verticals, transportation business growth was 0.5% QoQ in constant currency terms, while media and communication business grew by 0.4% QoQ in constant currency terms. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ in constant currency terms. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. Our Media & Communication business reported QoQ CC growth in a quarter that is typically soft and affected by furloughs. We are positioned well to help customers in the media, entertainment, and telecom industries on all three levers of growth, efficiency, and innovation. We won a large multi-year deal with a US-headquartered MSO to develop and manage their portfolio of applications and expect to ramp this up over the next few quarters. We are positioned well in some very large deals across the world, with decisions and outcomes expected in the coming quarter and beyond. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. We are delighted to be launching our AVENIR SDV software suite at the CES 2025 Conference in Las Vegas, the premier global showcase for technology innovation. AVENIR encompasses a cloud-native virtual development platform and a hybrid global validation platform and is powered by the Snapdragon Digital Chassis platform in partnership with Qualcomm. We step into the fourth quarter of this financial year with the confidence of large automotive deal wins in the year and quarter that will see continued ramp-ups even as we navigate the current volatility in the automotive market, the stability and return to growth in our healthcare and media & communications verticals, and large strategic deals in the pipeline across all our key verticals.' Tata Elxsi is among the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation.Powered by Capital Market - Live

Net profit of Tata Elxsi declined 3.59% to Rs 199.01 crore in the quarter ended December 2024 as against Rs 206.43 crore during the previous quarter ended December 2023. Sales rose 2.73% to Rs 939.17 crore in the quarter ended December 2024 as against Rs 914.23 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales939.17914.23 3 OPM %26.2629.55 - PBDT281.82299.52 -6 PBT255.85274.07 -7 NP199.01206.43 -4 Powered by Capital Market - Live

On a quarter-on-quarter basis, the company's net profit and revenue were lower by 13.26% and 1.66%, respectively. Profit before tax (PBT) stood at Rs 255.84 crore in the quarter ended 31 December 2024 quarter, down 14.34% QoQ and 6.65% YoY. EBITDA stood at Rs 246.6 crore in the quarter ended 31 December 2024 (down 7.4% QoQ and up 8.7% YoY). EBITDA margin was at 20.3% in Q3 FY25 as compared to 22.5% posted in Q2 FY25 and 21.7% in Q3 FY24. The revenue growth stood at 2% YoY while remained flat on a QoQ basis in constant currency (CC) terms. Transportation grew by 0.5% QoQ in CC terms, amidst longer deal closure cycles being witnessed in the automotive industry. Healthcare grew by 1.1% QoQ in CC terms with new customer wins and traction from digital and Gen AI-powered offerings. Media and Communications revenue grew by 0.4% QoQ in CC terms in a quarter that is traditionally soft and impacted by furloughs. The company's total headcount in Q3 of FY25 stood at 12,878. Attrition rate stood at 12.4% in Q3 FY25 as compared to 12.9% in Q3 FY24 and 12.5% in Q2 FY25. Manoj Raghavan, CEO and managing director of Tata Elxsi, said, 'We continue to see positive outcomes of our strategic business focus on Japan, emerging markets, and capitalizing on the India opportunity. During the quarter, our revenue from India has grown by 21.9% YoY, while Japan and emerging markets grew at 66.8% YoY. This will serve us well over the next few quarters even as we navigate geopolitical uncertainty, currency volatility, and industry-specific challenges in Europe and the US. Amongst the verticals, transportation business growth was 0.5% QoQ in constant currency terms, while media and communication business grew by 0.4% QoQ in constant currency terms. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ in constant currency terms. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. Our Media & Communication business reported QoQ CC growth in a quarter that is typically soft and affected by furloughs. We are positioned well to help customers in the media, entertainment, and telecom industries on all three levers of growth, efficiency, and innovation. We won a large multi-year deal with a US-headquartered MSO to develop and manage their portfolio of applications and expect to ramp this up over the next few quarters. We are positioned well in some very large deals across the world, with decisions and outcomes expected in the coming quarter and beyond. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. We are delighted to be launching our AVENIR SDV software suite at the CES 2025 Conference in Las Vegas, the premier global showcase for technology innovation. AVENIR encompasses a cloud-native virtual development platform and a hybrid global validation platform and is powered by the Snapdragon Digital Chassis platform in partnership with Qualcomm. We step into the fourth quarter of this financial year with the confidence of large automotive deal wins in the year and quarter that will see continued ramp-ups even as we navigate the current volatility in the automotive market, the stability and return to growth in our healthcare and media & communications verticals, and large strategic deals in the pipeline across all our key verticals.' Tata Elxsi is among the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation. Shares of Tata Elxsi fell 0.45% to end at Rs 6,443.70 on the BSE.Powered by Capital Market - Live

Tata Elxsi and the CSIR-National Aerospace Laboratories (CSIR-NAL) have signed a Memorandum of Understanding (MoU) to establish a Strategic Partnership for Advanced Air Mobility. This collaboration is focused on driving innovation in emerging areas such as Unmanned Aerial Vehicles (UAVs), Urban Air Mobility (UAM), and electric vertical take-off and landing (eVTOL) aircraft. The partnership combines NAL's deep aeronautical expertise and Tata Elxsi's technological capabilities in electrification, AI/ML, sensor fusion, and certification processes to support global and Indian markets.Powered by Capital Market - Live