Tata Elxsi Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Tata Elxsi reported quarterly operating revenue of INR1,021.1 crores for Q1 FY27, with constant currency growth of 6.5% year-on-year and 1.3% quarter-on-quarter, led by the transportation and media and communication verticals. EBITDA was INR216 crores, up 15.7% year-on-year, with an EBITDA margin of 21.2%, while EBIT margin declined 330 bps sequentially due to one-off transition, retention and ramp-up costs alongside cross-currency gains. Management described softness in the healthcare business and in the German automotive market, alongside stronger performance in the US and APAC regions and continued investment in platforms such as Neuron, ViTel and AnaTel.
Tata Elxsi reported Q4 FY26 revenue of Rs 993.8 crores, growing 0.9% quarter-on-quarter in constant currency, with EBITDA margin at 24.6%, up 130 basis points sequentially. Transportation grew modestly with OEM customers now at 77% of that vertical's revenue, Healthcare and Life Sciences declined 13.1% quarter-on-quarter due to delayed deal closures, and Media and Communication grew 5.6% on deal ramp-ups and new wins. Management discussed GenAI adoption, fixed-price contract strategy, and margin drivers including currency tailwinds and salary hikes.