Tata Elxsi Results Earnings Call for Q3FY23
Conference Call with Tata Elxsi Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.30-01-2023
30-01-2023
Reduce Tata Elxsi, target of Rs 6185: Sharekhan
Sharekhan recommended Reduce rating on Tata Elxsi with a target price of Rs 6185 in its research report dated January 25, 2023.27-01-2023
TATA ELXSI LTD. - 500408 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Publication of Audited Financial Results for the quarter and nine months ended December 31, 2022, in Newspaper.27-01-2023
TATA ELXSI LTD. - 500408 - Audited Financial Results For The Quarter And Period Ended December 31, 2022
Audited Financial Results for the quarter and period ended December 31, 202227-01-2023
TATA ELXSI LTD. - 500408 - Board Meeting Outcome for Outcome Of The Board Meeting Held On Wednesday, January 25, 2023 - Adoption Of Share- Based Long Term Incentive Plan
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors, at their meeting held today, based on the recommendation of the Nomination and Remuneration Committee, has inter alia considered, and approved a Share-Based Long Term Incentive Plan ('Plan') for the issuance of equity shares of the Company in the form of Performance Stock Options ('PSOP') for its eligible employees, in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.25-01-2023
Q3FY23 Quarterly Result Announced for Tata Elxsi Ltd.
IT Consulting & Software firm Tata Elxsi announced Q3FY23 results: Q3FY23: Revenues from operations at Rs 817.7 Cr, +7.2% QoQ, +28.7% YoY Overall quarterly revenue crosses US$ 100 million for the first time EBITDA margin expands to 30.2%, +9.0% QoQ growth Profit after tax at Rs 194.7 cr, +11.7% QoQ EPS growth 11.7% QoQ and 29.0% YoY to Rs 31.26 Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance, said: “We have delivered steady growth in a seasonally weak and challenging quarter for the technology industry and macro-economic uncertainty in our key markets. We are seeing strong and sustained growth in the automotive and adjacent segments in Transportation, led by our differentiated EV and digital capabilities. We won multi-year deals in EV and Software Defined Vehicle architectures in the automotive space, and a strategic entry into a global OEM software organization. Both our Healthcare and Media & telecom businesses saw some impact of delayed decision-making, furloughs and a short quarter. We have done well to protect our business and position ourselves strongly for upcoming strategic deals. In the Media and Telecom vertical, we have won strategic platform-led deals with operators in media and communications, and new wins, especially in the AdTech space. The Healthcare & Lifesciences vertical saw new product development deals, including a Renal Home Care platform for a leading US medical device company. Our design business continues to win Design Digital deals for the company across our key verticals. It is seeding opportunities for larger development projects and next-generation digital applications, including AR/VR and AI-enabled entertainment experiences. For us, this has been a quarter of focusing on positioning ourselves strongly for the future, with our unique design-led capabilities, scaling across our customer base, and harnessing the exceptional investments in employee additions we have made in the last quarter and before. The attrition rate declined for the third consecutive quarter, even as we continue to invest in bringing in the right expertise to deliver exceptional outcomes for our customers. This is helping us accelerate growth in the increasing number of strategic accounts and new offerings we are bringing to market. We have also invested in establishing a digital engineering centre in Frankfurt, to support our growth in Germany and Europe. We are entering the last quarter of the financial year with a strong order book and a healthy deal pipeline across key markets and industries, and a differentiated Design Digital positioning.” Result PDF25-01-2023
TATA ELXSI LTD. - 500408 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Tata Elxsi delivers steady growth in Q3FY23 with 7.2% QoQ growth in revenues and PAT growth of 11.7% QoQ25-01-2023
TATA ELXSI LTD. - 500408 - Audited Financial Results For The Quarter And Period Ended December 31, 2022
Please find enclosed, the audited financial results of the Company in the prescribed format for the quarter and period ended December 31, 2022, which were approved and taken on record by the Board of Directors of the Company at their Meeting held today - January 25, 2023.25-01-2023
TATA ELXSI LTD. - 500408 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 this is to inform you that the Investors' Conference call on the Q3 FY23 results of Tata Elxsi Limited will be held on Wednesday, January 25, 2023 at 19:30 Hrs, IST, during which the Leadership team will discuss the financial performance of the Company and take questions21-01-2023
TATA ELXSI LTD. - 500408 - Update on board meeting
TATA ELXSI LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/01/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 and further to our letter dated January 15, 2023 intimating the date of the Board Meeting, it is informed that the Board of Directors at its Meeting scheduled on January 25, 2023, will also consider the Share-Based Long Term Incentive Plan for the eligible employees of the Company, subject to approval of shareholders.21-01-2023