Tata Elxsi Ltd

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

European College of Sport and Exercise Physicians (ECOSEP) and Tata Elxsi have announced a strategic partnership that aims to revolutionise the field of sports and exercise medicine through combining the research excellence and clinical expertise of ECOSEP with Tata Elxsi's AI- and machine learning'driven healthcare solutions and technology capabilities. The partnership will focus on applying artificial intelligence technologies in areas such as advanced diagnostic tools, personalised treatment plans, predictive analytics for injury prevention, and real me monitoring of athletes' physical conditions. Anup SS, Prac ce Head ' AI and Machine Learning at Tata Elxsi, added: 'This collaboration with ECOSEP represents an exciting opportunity to apply AI in ways that directly impact athlete health and performance. By combining clinical insight with advanced data science, we aim to co-create intelligent tools that support early diagnosis, enable real-me decision-making, and personalise care for every athlete. Together, we're paving the way for a new era in sports medicine'one that is smarter, faster, and more human-centric.'Powered by Capital Market - Live

Tata Elxsi has been awarded the prestigious iF Design Award for two of its standout innovations: VelocityOne' Race, designed for Nasdaq-listed Turtle Beach Corporation, a leading American gaming accessory manufacturer, and GameSense, developed for leading broadcasters and operators. VelocityOne' Race was recognised in the Product - Gaming Hardware/VR/AR category, while GameSense won in the User Experience (UX) category. This dual recognition reinforces Tata Elxsi's leadership in delivering design-led, immersive solutions for the gaming and sports technology industries. Now in its 72nd year, the iF Design Award is among the world's most respected accolades for excellence in design. The 2025 edition saw more than 11,000 entries from 72 countries, evaluated by a global panel of 131 independent experts based on criteria such as Idea, Form, Function, Differentiation, and Sustainability. VelocityOne Race, developed for Turtle Beach Corporation, is a high-performance racing simulation system designed for maximum immersion. It delivers the most realistic sim racing experience in the world'powered by cutting-edge technology and human-centered design. Tata Elxsi led the industrial design, user interface development, and engineering integration of the system. This included the Race Management Display (RMD) and the VelocityOne Tuner app, both developed to enhance real-time telemetry access and gameplay customisation. Powered by Capital Market - Live

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