Tata Elxsi Ltd (BOM:500408)
₹ 3,769 -6.5 (-0.17%) Market Cap: 234.81 Bil Enterprise Value: 219.94 Bil PE Ratio: 35.87 PB Ratio: 7.72 GF Score: 83/100

Q3 2025 Tata Elxsi Ltd Earnings Call Transcript

Jan 9, 2025 / 02:00 PM GMT
Release Date Price: ₹6443.7 (-0.45%)

Key Points

Positve
  • Tata Elxsi Ltd (BOM:500408) reported a steady third quarter with revenues from operations at INR 939.2 crores, despite it being a seasonally weak quarter.
  • The company saw significant growth in emerging markets, with revenues from India growing by 21.9% year on year and Japan and other emerging markets growing by 66.8% year on year.
  • Tata Elxsi Ltd (BOM:500408) launched its Avenir software-defined vehicle suite at CES 2025, showcasing its innovation in the automotive sector.
  • The healthcare and media and communication verticals showed signs of stabilization, with new large deals and green shoots indicating potential growth.
  • The company maintained a low attrition rate of 12.4% during the quarter, reflecting employee satisfaction and stability.
Negative
  • EBITA margins were impacted, standing at 26.3%, due to adverse currency movements in GBP, EUR, and JPY.
  • The automotive industry faced significant challenges, particularly in Europe and the US, affecting new deal closures and tier-one supplier spending.
  • System integration business experienced decision delays in large projects, impacting revenues for the quarter.
  • The company's tax rate is expected to increase to upwards of 25% due to the expiration of certain tax benefits.
  • There is a continued softness in the automotive market in Europe, which is expected to persist for a couple of quarters, affecting overall growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TTEX.NS - Tata Elxsi Ltd
Q3 2025 Tata Elxsi Ltd Earnings Call
Jan 09, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day. And welcome to Tata LXC Limited Q3 F 5 24 25 earnings conference call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call? Please signal an operator by pressing star then zero on your Touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr Sashank Ganesh from Ey. Thank you and over to you Mr Ganesh.

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Unidentified_2 [2]
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