TATAELXSI

Tata Elxsi Share Price

₹7,759.3
+ 145 (1.9%)
  • Advice
  • Hold
11 October, 2024 05:42 BSE: 500408 NSE: TATAELXSI ISIN: INE670A01012

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Tata Elxsi Performance

Day Range

  • Low 7,627
  • High 8,027
₹ 7,759

52 Week Range

  • Low 6,411
  • High 9,200
₹ 7,759
  • Open Price7,627
  • Previous Close7,614
  • Volume679383

Tata Elxsi Chart

  • Over 1 Month -1.02%
  • Over 3 Month + 10.58%
  • Over 6 Month -1.78%
  • Over 1 Year + 6.3%

Tata Elxsi Key Statistics

P/E Ratio 61.4
PEG Ratio 16.4
Market Cap Cr 48,325
Price to Book Ratio 19.3
EPS 127.1
Dividend 0.9
Relative Strength Index 53.91
Money Flow Index 60.08
MACD Signal 44.57
Average True Range 238.59

Tata Elxsi Investment Rating

  • Master Rating:
  • Tata Elxsi (Nse) has an operating revenue of Rs. 3,628.33 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 30% is great, ROE of 31% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its key moving averages, around 2% and 0% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 55 indicates it belongs to a fair industry group of Computer Sftwr-Desktop and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Tata Elxsi Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 926906914882850838
Operating Expenses Qtr Cr 674645644618599588
Operating Profit Qtr Cr 252261270264251250
Depreciation Qtr Cr 272825252121
Interest Qtr Cr 556644
Tax Qtr Cr 686568645949
Net Profit Qtr Cr 184197206200189202
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,6743,219
Operating Expenses Annual Cr 2,5062,183
Operating Profit Annual in Cr 1,046961
Depreciation Cr 9981
Interest Annual Cr 2016
Tax Annual Cr 256182
Net Profit Annual Cr 792755
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 701487
Cash from Investing Activity Annual Cr -270-202
Cash from Financing Annual Activity Cr -428-303
Net Cash Flow Annual Cr 3-18
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,5062,086
Fixed Assets Annual Cr 398341
Total Non Current Assets Annual Cr 650450
Total Current Assets Annual Cr 2,5372,313
Total Assets Annual Cr 3,1872,764
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 402335
ROE Annual % 3236
ROCE Annual % 3942
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3333
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Tata Elxsi Technicals

EMA & SMA

Current Price
₹7,759.3
+ 145 (1.9%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹7,670.07
  • 50 Day
  • ₹7,545.25
  • 100 Day
  • ₹7,452.89
  • 200 Day
  • ₹7,458.48
  • 20 Day
  • ₹7,707.99
  • 50 Day
  • ₹7,480.80
  • 100 Day
  • ₹7,286.04
  • 200 Day
  • ₹7,545.17

Tata Elxsi Resistance and Support

PIVOT
₹7,804.44
Resistance
First Resistance 7,981.87
Second Resistance 8,204.43
Third Resistance 8,381.87
RSI 53.91
MFI 60.08
MACD Single Line 44.57
MACD 13.82
Support
First Support 7,581.87
Second Support 7,404.43
Third Supoort 7,181.87

Tata Elxsi Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 702,239 10,484,428 14.93
Week 257,492 6,267,360 24.34
1 Month 200,161 6,437,182 32.16
6 Month 254,785 8,690,731 34.11

Tata Elxsi Result Highlights

Tata Elxsi Synopsis

NSE-Computer Sftwr-Desktop

Tata Elxsi is involved in the business activities of Providing software support and maintenance to the clients. Company’s Total Operating Revenue is Rs. 3552.15 Cr. and Equity Capital is Rs. 62.28 Cr. for the Year ended 31/03/2024. Tata Elxsi Ltd. is a Public Limited Listed company incorporated on 30/03/1989 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L85110KA1989PLC009968 and registration number is 009968.
Market Cap 48,325
Sales 3,628
Shares in Float 3.49
No of funds 580
Yield 0.9
Book Value 19.29
U/D Vol ratio 1.6
LTDebt / Equity
Alpha -0.04
Beta 0.68

Tata Elxsi Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 43.92%43.92%43.92%43.92%
Mutual Funds 1.11%1.81%2.7%2.47%
Insurance Companies 4.68%3.91%2.84%2.14%
Foreign Portfolio Investors 13.67%14.56%15.02%13.8%
Financial Institutions/ Banks 0.05%0.02%
Individual Investors 32.04%31.3%31.12%33.06%
Others 4.53%4.48%4.4%4.61%

Tata Elxsi Management

Name Designation
Mr. N G Subramaniam Chairman, Non Ind & Non Exe Director
Mr. Manoj Raghavan Managing Director & CEO
Mr. Ankur Verma Non Exe.Non Ind.Director
Mr. Sudhakar Rao Ind. Non-Executive Director
Mrs. Shyamala Gopinath Ind. Non-Executive Director
Prof. Anurag Kumar Ind. Non-Executive Director
Ms. Ashu Suyash Ind. Non-Executive Director
Mr. Soumitra Bhattacharya Ind. Non-Executive Director

Tata Elxsi Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Tata Elxsi Corporate Action

Date Purpose Remarks
2024-10-10 Quarterly Results
2024-07-10 Quarterly Results
2024-04-23 Audited Results & Final Dividend
2024-01-23 Quarterly Results
2023-10-17 Quarterly Results

About Tata Elxsi

Tata Elxsi is a design and technology company that operates under Tata Sons, with 29 listed companies across numerous sectors. Tata Elxsi is a leading global provider of design and technology services across multiple industries, including broadcast, automotive, healthcare, communications and transportation. The primary mode of operation of Tata Elxsi is to help its customers redesign and reimagine their products and services through digital technologies. Design thinking and digital technologies include cloud, IoT, virtual reality, mobility and artificial intelligence. 

Tata Elxsi is headquartered in Bengaluru, Karnataka and has over 10,000 employees. It has offices in 26+ locations with a global presence in cities such as Santa Clara, Troy, Jacksonville, Dubai, etc. Tata Elxsi creates a business synergy with its customers from advanced research and development in system architecture exploration to new technology development, validation and implementation. By implementing progressive technologies, Tata Elxsi creates new opportunities for its customers to reduce costs, improve operational efficiency and deliver new services. 

Tata Elxsi shares are listed on the National Stock Exchange, NSE (TATAELXSI) and the BSE (500408). Tata Elxsi posted a net profit of Rs 189 crore in the first quarter ended June 2023. Its revenue from operations witnessed a 17% increase to reach Rs 850 crore, a rise from Rs 26 crore in June 2021 quarter. 

Tata Elxsi – History

Tata Elxsi's share price history has a long record of providing good returns to investors. However, Tata Elxsi is a private subsidiary of Tata Sons. The company was incorporated on 5th May 1989 in Bangalore, Karnataka, to develop and promote software applications, embedded systems and electronics. At that time, when the IT sector was fast emerging, Tata Elxsi’s objective was to accelerate the adoption of advanced leading-edge technologies. At the time of commence of business, Tata Elxsi was created as a joint venture between Tata Industries, Ltd. (TIL) and Tata Elxsi (Plc.), Ltd. (TEPL), Singapore.

Right after its incorporation, the company entered into an exclusive agreement with TEPL to have the right and licence to manufacture and sell the system 6400 in India. In 1995, Tata Elxsi released an Initial Public Offering and went public. The Tata Elxsi share price ended at Rs 13.50 at that time. In the last 27 years, the Tata Elxsi stock price has increased 655 times from Rs 13.50 to Rs 8,840, with a 1300% per cent increase from April 2020 to date. 

In 2001, Tata Elxsi saw a significant boost to its business when it tied up with IBM as an e-biz solution partner and one year later became the system integrator of Apple. 

Tata Elxsi – Awards

Tata Elxsi's share price today has increased tremendously in recent years, giving hefty returns to investors. As Tata Elxsi has a successful business model, it has received numerous awards over time. Here are some of the awards: 

● NASSCOM Engineering & Innovation Excellence Awards
● Next-gen Product of the Year: Connected Vehicle IoT platform, Tether
● Engineered in India Product of the Year: FalconEye QoEtient
● Social Impact Solution of the Year: Gazelle
● Golden Peacock Innovation Management Award
● Gold Award for Tata Motors Nexon EV 
● AI Game Changer Award for Innovative Application in AI
● Best in Engineering Innovation' by Electronics Maker
● Best Design for Retail Space Designing
● Best Design for Print & amp; Published Media categories

Tata Elxsi – Important Facts

Here are some essential facts about Tata Elxsi's share price and the company for the company over its 27 years of operations: 

● Tata Elxsi is among the world’s leading design and technology services providers, focusing on creating differentiated products and services and driving business growth. 

● The market cap of Tata Elxsi is Rs 47,024.63, and the enterprise value is Rs 45,833.08. 

● The promoter holding in Tata Elxsi is 43.92%, and the company is entirely debt free. 

● The Tata Elxsi stock is present in 30 indices, such as NIFTY MIDCAP, NEMO 150X50, NIFTY500, NIFTY TATA, etc. 

 

Tata Elxsi has provided various advanced design and technology services for over 27 years. With pioneering advanced technologies in India, it is one of the companies at the forefront of improving business growth with digital-first services. The successful business is reflected in the Tata Elxsi stock price history and Tata Elxsi stock price today. The stock has provided hefty returns to investors and may rise in value based on the company's positive performance in the future. 
 

Tata Elxsi FAQs

What is Share Price of Tata Elxsi ?

Tata Elxsi share price is ₹7,759 As on 11 October, 2024 | 05:29

What is the Market Cap of Tata Elxsi ?

The Market Cap of Tata Elxsi is ₹48324.6 Cr As on 11 October, 2024 | 05:29

What is the P/E ratio of Tata Elxsi ?

The P/E ratio of Tata Elxsi is 61.4 As on 11 October, 2024 | 05:29

What is the PB ratio of Tata Elxsi ?

The PB ratio of Tata Elxsi is 19.3 As on 11 October, 2024 | 05:29

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Q2FY23