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Tata Elxsi Limited (TATAELXSI.NS)

INR3,520.40 -176.90 (-4.78%)
IN NSE Technology Software - Application
Address ITPB Road 560048
Bengaluru, IN
CEO Manoj Raghavan
Website tataelxsi.com
IPO 2002-07-01
ISIN INE670A01012

Explore sections of this company profile

Also trades on Bombay Stock Exchange · TATAELXSI.BO (INR) National Stock Exchange of India · TATAELXSI.NS (INR)
Description

Established in 1989 and headquartered in Bengaluru, India, Tata Elxsi Limited is a global technology and design services company. It delivers comprehensive solutions spanning product design and engineering, systems integration, and ongoing support across India, the United States, Europe, and other international markets. The company's operations are segmented into Software Development and Services, and Systems Integration and Support. Its extensive portfolio includes technology consulting, new product development, and rigorous testing services. Tata Elxsi also excels in creative domains, offering consumer insights and strategy, visual design, branding, product and packaging design, user experience, service experience, and transportation design, alongside content and 3D animation capabilities. A significant focus lies in the automotive sector, where it engineers solutions for connected, autonomous, shared, and electric vehicles. This includes consumer research, prototyping, exterior and interior styling, development of body, chassis, driveline, and powertrain systems, specialized automotive software engineering, validation services, and an AI-powered annotation platform for the industry. Beyond automotive, the company facilitates digital consumer experiences such as shopping, bill payment, gaming, movie watching, and video conferencing, complemented by distribution, delivery, and ad monetization solutions. For the communications industry, it provides OTT/IPTV platforms, test automation, intelligent network operations, network orchestration, SDN/SD-WAN, Android TV, and RDK services. Additionally, Tata Elxsi contributes to healthcare with integrated design and engineering, regulatory compliance, and digital health products. Its expertise further extends to cutting-edge technology solutions for smart home appliances, electric off-highway vehicles, autonomous systems, integrated digital rail systems, and semiconductor design. The company also specializes in implementing and integrating complex systems for computing, CAD/CAM/CAE/PLM, broadcast, virtual reality, storage, and disaster recovery, alongside providing professional services for IT infrastructure maintenance and support.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR3,520.40 -176.90 (-4.78%)
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Volume Profile
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Liquidity & share structure
Average Volume
329.7K
Beta
0.30
Float Shares
34.32M
Free Float %
55.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.39% -4.72% +0.76% -4.47% -19.19% -22.43% -36.41% -48.23% +6.70% +353.48% +11,514.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3,520.40
DCF (Unlevered) 7,338.31 +108.5%
DCF (Levered) 7,679.78 +118.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-06 Change
Strong Buy 4 0
Buy 1 0
Hold 2 0
Sell 5 0
Strong Sell 3 0
Quality scores
Altman Z-Score
19.82
Safe zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Software - Application: +13.0%
    +0.8% Q1'26: +9.4% (vs Q1'25)
  • ✗
    EPS growth Software - Application: +28.6%
    -19.9% Q1'26: +27.8% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Software - Application: +45.3%
    +18.4% Q1'26: +0.0% (vs Q1'25)
  • ✓
    EBIT margin Software - Application: +9.4%
    +20.0% ★ Q1'26: +22.3% (vs Q1'25)
  • ✓
    ROIC Software - Application: +7.5%
    +37.4% ★ Q1'26: +47.5% (vs Q1'25)
  • ✓
    Share dilution Software - Application: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    0.19× ★ Q1'26: 0.17× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.30) × ERP
WACC = 99% × Ke + 1% × Kd (10.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 7,204.92 Current price: 3,520.40
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 1997
actual 		Mar 1998
actual 		Mar 1999
actual 		Mar 2000
actual 		Mar 2001
actual 		Mar 2005
actual 		Mar 2007
actual 		Mar 2009
actual 		Mar 2014
actual 		Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
12 Rev. Ana.
14 EPS Ana. 		Mar 2027
15 Rev. Ana.
12 EPS Ana. 		Mar 2028
15 Rev. Ana.
13 EPS Ana. 		Mar 2029
11 Rev. Ana.
8 EPS Ana. 		Mar 2030
7 Rev. Ana.
11 EPS Ana.
Revenue
715.57M
est.
820.12M
est.
1.25B
est.
820.12M
est.
1.65B
est.
1.86B
est: 2.79B (-33.5%)
3.08B
est: 3.12B (-1.3%)
4.19B
est: 4.32B (-2.9%)
7.75B
est: 7.77B (-0.3%)
8.49B
est: 8.54B (-0.5%)
10.75B
est: 10.71B (+0.4%)
12.37B
est: 12.35B (+0.2%)
13.86B
est: 13.77B (+0.7%)
15.97B
est: 16.18B (-1.3%)
16.10B
est: 16.10B (0.0%)
18.26B
est: 18.19B (+0.4%)
24.71B
est: 24.05B (+2.7%)
31.45B
est: 31.44B (+0.0%)
35.52B
est: 35.79B (-0.8%)
37.29B
est: 37.85B (-1.5%)
37.72B
37.22B – 37.83B
-0.3% YoY
42.14B
41.11B – 43.63B
+11.7% YoY
46.78B
44.49B – 50.76B
+11.0% YoY
51.95B
50.01B – 55.14B
+11.0% YoY
55.09B
53.03B – 58.47B
+6.0% YoY
EBITDA
229.62M
est.
257.99M
est.
394.32M
est.
257.99M
est.
518.58M
est.
368.92M
est: 878.65M (-58.0%)
695.11M
est: 324.37M (+114.3%)
816.58M
est: 449.30M (+81.7%)
1.49B
est: 808.17M (+84.4%)
1.81B
est: 2.74B (-34.1%)
2.59B
est: 1.13B (+128.3%)
3.00B
est: 4.02B (-25.4%)
3.58B
est: 3.13B (+14.4%)
4.58B
est: 4.98B (-8.0%)
4.01B
est: 5.01B (-19.8%)
5.62B
est: 4.36B (+28.8%)
8.10B
est: 4.78B (+69.5%)
10.35B
est: 5.10B (+103.0%)
11.68B
est: 5.51B (+112.2%)
11.52B
est: 11.49B (+0.3%)
11.47B
11.32B – 11.50B
-0.1% YoY
12.81B
12.50B – 13.27B
+11.7% YoY
14.22B
13.53B – 15.43B
+11.0% YoY
15.80B
15.21B – 16.77B
+11.0% YoY
16.75B
16.12B – 17.78B
+6.0% YoY
EBIT
211.21M
est.
237.29M
est.
214.24M
est.
237.29M
est.
476.99M
est.
318.73M
est: 808.17M (-60.6%)
608.15M
est: 387.87M (+56.8%)
657.06M
est: 537.27M (+22.3%)
1.14B
est: 966.39M (+18.0%)
1.56B
est: 2.52B (-38.1%)
2.36B
est: 1.36B (+74.3%)
2.73B
est: 3.69B (-26.2%)
3.33B
est: 3.02B (+10.1%)
4.33B
est: 3.76B (+15.1%)
3.58B
est: 4.04B (-11.4%)
5.18B
est: 3.00B (+72.8%)
7.55B
est: 3.28B (+129.9%)
9.54B
est: 3.50B (+172.3%)
10.69B
est: 3.78B (+182.7%)
10.47B
est: 10.51B (-0.3%)
10.49B
10.35B – 10.52B
-0.1% YoY
11.72B
11.44B – 12.14B
+11.7% YoY
13.01B
12.38B – 14.12B
+11.0% YoY
14.45B
13.91B – 15.34B
+11.0% YoY
15.33B
14.75B – 16.27B
+6.0% YoY
Net Income
6.29M
est.
22.13M
est.
87.13M
est.
22.13M
est.
144.41M
est.
262.91M
est: 439.42M (-40.2%)
521.17M
est: 254.78M (+104.6%)
581.59M
est: 352.91M (+64.8%)
722.62M
est: 634.78M (+13.8%)
1.03B
est: 1.04B (-0.8%)
1.55B
est: 890.89M (+73.8%)
1.75B
est: 1.78B (-1.5%)
2.40B
est: 1.95B (+23.2%)
2.90B
est: 2.83B (+2.4%)
2.56B
est: 2.98B (-14.1%)
3.68B
est: 2.56B (+43.7%)
5.50B
est: 2.81B (+95.9%)
7.55B
est: 2.99B (+152.3%)
7.92B
est: 3.23B (+145.1%)
7.85B
est: 5.68B (+38.2%)
6.42B
5.84B – 6.89B
+13.1% YoY
8.46B
7.99B – 8.99B
+31.8% YoY
9.84B
9.12B – 11.36B
+16.3% YoY
10.98B
10.45B – 11.86B
+11.6% YoY
11.06B
10.53B – 11.95B
+0.7% YoY
SGA
93.80M
est.
105.38M
est.
163.55M
est.
105.38M
est.
211.83M
est.
270.70M
est: 358.91M (-24.6%)
484.75M
est: 790.95M (-38.7%)
762.81M
est: 1.10B (-30.4%)
1.43B
est: 1.97B (-27.4%)
1.18B
est: 1.12B (+5.7%)
223.50M
est: 2.77B (-91.9%)
236.38M
est: 1.64B (-85.6%)
251.94M
est: 9.51B (-97.4%)
279.46M
est: 11.22B (-97.5%)
101.10M
est: 11.02B (-99.1%)
142.69M
est: 11.76B (-98.8%)
161.47M
est: 12.88B (-98.7%)
238.10M
est: 13.74B (-98.3%)
236.21M
est: 14.84B (-98.4%)
235.22M
est: 1.11B (-78.8%)
1.11B
1.09B – 1.11B
-0.1% YoY
1.24B
1.21B – 1.28B
+11.7% YoY
1.38B
1.31B – 1.49B
+11.0% YoY
1.53B
1.47B – 1.62B
+11.0% YoY
1.62B
1.56B – 1.72B
+6.0% YoY
EPS
0.10
est.
0.35
est.
1.39
est.
0.35
est.
2.31
est.
4.22
est: 7.02 (-39.9%)
8.37
est: 8.50 (-1.5%)
9.34
est: 7.63 (+22.5%)
11.61
est: 9.82 (+18.2%)
16.52
est: 16.65 (-0.8%)
24.86
est: 26.47 (-6.1%)
28.07
est: 28.47 (-1.4%)
38.54
est: 36.73 (+4.9%)
46.56
est: 46.54 (+0.0%)
41.12
est: 41.16 (-0.1%)
59.11
est: 58.20 (+1.6%)
88.26
est: 84.06 (+5.0%)
121.26
est: 121.04 (+0.2%)
127.21
est: 130.17 (-2.3%)
126.03
est: 130.96 (-3.8%)
103.13
93.83 – 110.65
-21.3% YoY
135.88
128.33 – 144.30
+31.8% YoY
158.04
146.46 – 182.30
+16.3% YoY
176.34
167.78 – 190.44
+11.6% YoY
177.60
168.97 – 191.80
+0.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-11 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-10 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-09 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-08 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-05 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-04 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-03 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-02 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-06-01 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-05-29 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-05-27 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-05-26 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-05-25 A 4/5 5/5 5/5 5/5 4/5 2/5 1/5
2026-05-22 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-21 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-20 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-19 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-18 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-15 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-14 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-13 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-12 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-11 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-08 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-07 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-06 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-05 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-04 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-30 B+ 3/5 4/5 4/5 5/5 3/5 2/5 1/5
2026-04-29 B+ 3/5 4/5 4/5 5/5 3/5 2/5 1/5
2026-04-28 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-04-27 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-04-24 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-04-23 B+ 3/5 3/5 4/5 5/5 3/5 2/5 1/5
2026-04-22 B+ 3/5 4/5 4/5 5/5 3/5 2/5 1/5
2026-04-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-40.18M
OE per share TTM
-0.65
Owner's Yield
-0.02%
Maintenance CapEx ratio
2.21%
Maint CapEx / Avg PPE
9.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 25 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard International Dividend Appreciation ETF VIGI 0.03% 2.71M 0.07%
2 Vanguard Emerging Markets Ex-China ETF VEXC 0.02% 46.6K 0.07%
3 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.02% 869.1K 0.17%
4 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.02% 869.1K 0.17%
5 Vanguard FTSE Asia ex Japan Shares Index ETF VAE.AX 0.01% 91.5K 0.40%
6 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 187.3K 0.48%
7 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 422.5K 0.26%
8 Vanguard FTSE Emerging Markets ETF VWO 0.01% 20.85M 0.06%
9 Schwab Emerging Markets Equity ETF SCHE 0.01% 1.60M 0.06%
10 Vanguard ESG International Stock ETF VSGX 0.00% 290.2K 0.10%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
580.7K
Shares Outstanding
62.30M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Manoj Raghavan MD, Chief Executive Officer & Director 88M male
Gaurav Bajaj Chief Financial Officer — male
Nalin Rana Chief Financial Officer — male
Narendra Ghate Chief Designer — male
Nick Talbot Global Head of Design & Innovation — male
Pai Nitin CMO & Chief Strategy Officer — male
Rajesh Kumar Vice President of Strategic Initiatives — male
Sajiv Madhavan Chief Risk & Sustainability Officer — —
Sneha Company Secretary & Compliance Officer — female
Bhaskar Dutt Global Head of Strategic Relations — male
Vasant Shah Global Head of Business Finance — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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