Tata Elxsi Ltd

EBITDA dropped by 26% YoY to Rs 186.7 crore in the first quarter. EBITDA margin for Q1 FY26 was 20.9% as against 27.2% in Q1 FY25. Profit before tax in Q1 FY26 stood at Rs 196.3 crore, down by 22.2% from Rs 252.4 crore in Q1 FY25. In Q1 FY26, Tata Elxsi won a multi-million USD Design Digital deal with a US headquartered global technology leader for a major data and insights program for next generation AI and product-feature development. The company was also selected as a strategic partner for medical device testing & certification and regulatory compliance for a cardiovascular portfolio of products. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, said: 'This quarter was challenging across key markets, with macroeconomic uncertainties, industry and customer specific issues impacting R&D spend and decision making cycles across geographies. The company has demonstrated resiliency in protecting business in our largest vertical, executing on large deal wins across key verticals to create sustained revenue streams, and expanding our relationships with our customers. We expect steady improvement in bottom-line and margin through the year even as our two largest businesses, transportation and media & communication, return to growth in Q2 FY26 and beyond, and utilization improves on the back of ready capacity and capability we have invested in over the past few quarters. 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 the signing of a Memorandum of Understanding (MoU) with Synopsys, a leader in silicon to systems design solutions, to collaborate to deliver advanced automotive virtualization solutions. The MoU was signed at the SNUG India 2025 event in Bengaluru by senior leaders from both companies. The collaboration will provide customers pre-verified, integrated solutions and services that make it easy to design and deploy virtual electronic control units (vECUs), a cornerstone technology critical for efficient software development and testing in today's software-defined vehicles. The collaboration brings together Tata Elxsi's engineering capabilities in embedded systems and integration with Synopsys' industry-leading virtualization solutions that are used by more than 50 global automotive OEMs and Tier 1 suppliers to help reduce development complexity and cost, improve quality of software systems, and de-risk vehicle production timelines. Together, the companies are already collaborating on programs with several global customers to enable vECUs, as well as software bring-up, board support package (BSP) integration, and early-stage software validation. These solutions are being deployed across vehicle domains such as powertrain, chassis, body control, gateway, and central compute, helping customers simulate real-world scenarios, validate software early, and reduce reliance on physical prototypes. Through the collaboration, Synopsys and Tata Elxsi will further explore opportunities to scale and accelerate the deployment of electronics digital twins for multi-ECU and application specific systems. Powered by Capital Market - Live

Tata Elxsi has allotted 435 equity shares under 'Tata Elxsi Limited Performance Stock Option Plan 2023' on 10 July 2025. Consequent to this allotment, the paid-up equity share Capital of the Company stands increased to Rs. 62,28,51,310 divided into 6,22,85,131 equity shares of Rs. 10 each from Rs. 62,28,46,960 divided into 6,22,84,696 equity shares of Rs. 10 each. Powered by Capital Market - Live

Net profit of Tata Elxsi declined 21.57% to Rs 144.37 crore in the quarter ended June 2025 as against Rs 184.08 crore during the previous quarter ended June 2024. Sales declined 3.71% to Rs 892.10 crore in the quarter ended June 2025 as against Rs 926.46 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales892.10926.46 -4 OPM %20.9327.23 - PBDT220.62279.46 -21 PBT196.35252.40 -22 NP144.37184.08 -22 Powered by Capital Market - Live

Tata Elxsi will hold a meeting of the Board of Directors of the Company on 10 July 2025.Powered by Capital Market - Live

Tata Elxsi has allotted 142 equity shares under 'Tata Elxsi Limited Performance Stock Option Plan 2023'. Consequent to this allotment, the paid-up equity share Capital of the Company stands increased to Rs. 62,28,46,960 divided into 6,22,84,696 equity shares of Rs. 10 each from Rs. 62,28,45,540 divided into 6,22,84,554 equity shares of Rs. 10 each. Powered by Capital Market - Live

Tata Elxsi showcased the technology demonstrator of Battery Aadhaar at the Battery Summit 2025, organised by the World Resources Institute (WRI) India. This demonstration formed part of a consortium-led initiative aligned with India's ambitions for sustainable mobility and circular energy systems. The initiative was supported under the UNEP-led programme 'Electrifying Mobility in Cities', coordinated by NITI Aayog and the Department of Science & Technology, Government of India. Tata Elxsi, along with leading consortium partners'including Tata Motors, Tata AutoComp Systems (TACO), IIT Kharagpur, WRI, LOHUM Cleantech, NUNAM Technologies, and Oorja Energy'presented the Battery Aadhaar concept to Hon'ble Minister Dr. Jitendra Singh, Minister of State (Independent Charge) of the Ministry of Science and Technology and key government stakeholders as an end-to end Indian battery ecosystem enabler. Battery Aadhaar represents a national effort to provide batteries with secure, digital identities, enabling traceability, regulatory alignment, and lifecycle transparency'from raw material sourcing to second-life usage and recycling. By capturing key lifecycle data such as manufacturer identity, usage history, and material composition, Battery Aadhaar helps prevent unsafe reuse, non compliance, and environmental risk. Built on Tata Elxsi's MOBIUS+ platform, the solution integrates blockchain-backed traceability, dynamic data flows, and automated compliance reporting. Through MOBIUS+, Tata Elxsi is enabling the foundation for a trusted, digital, and transparent battery ecosystem in India. Powered by Capital Market - Live

Tata Elxsi announced that the 36th Annual General Meeting(AGM) of the company will be held on 25 June 2025.Powered by Capital Market - Live

Tata Elxsi announced that it has been selected by Mercedes-Benz Research and Development India for Vehicle Software Engineering and Software Defined Vehicles (SDV) development. Mercedes-Benz has been setting benchmarks in automotive excellence for nearly 140 years and continues to advance the industry by pioneering developments in software-defined vehicles. The company's integrated software architecture is designed to enhance vehicle capabilities, create intuitive interfaces, and optimize performance, elevating the user experience and evolving with changing driver needs. Tata Elxsi is working with leading OEMs across the world to develop SDV platforms, accelerating the speed of innovation and software scalability across vehicle models and platforms, at lowered costs and shared accountability. It brings together domain experience across autonomous, electric, connected vehicle technologies, AI and software-defined vehicles (SDV), supported by state-of-the-art labs and Mobility Innovation Centres and a portfolio of solutions including the AVENIR SDV suite and AUTONOMAI ADAS suite.Powered by Capital Market - Live

The partnership aims to scale next-generation automotive innovation from India, with Tata Elxsi contributing its deep expertise in automotive software, including platforms for autonomous, electric, and connected vehicles. This engagement is part of Mercedes-Benz's broader strategy to enhance its SDV capabilities, which focus on delivering integrated software architectures for improved vehicle performance, intuitive interfaces, and seamless user experiences. Tata Elxsi will leverage its proprietary solutions such as the AVENIR SDV suite and AUTONOMAI ADAS suite, backed by its network of Mobility Innovation Centres and engineering talent. Manoj Raghavan, MD and CEO, Tata Elxsi, said, This collaboration underscores our deep domain expertise and capabilities in Automotive Software and Digital, including Software Defined Vehicles, and provides us with a unique opportunity to contribute to the Mercedes-Benz vision of building the world's most desirable cars. We have been partnering with MBRDI for over a decade now, and this collaboration marks a milestone moment and sets the stage for further scaling and deepening our relationship. Tata Elxsi is a leading provider of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation. The company 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. Powered by Capital Market - Live