Tata Elxsi Ltd
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide. [1]
- Market Cap ₹ 52,262 Cr.
- Current Price ₹ 8,392
- High / Low ₹ 8,576 / 5,708
- Stock P/E 66.6
- Book Value ₹ 337
- Dividend Yield 0.72 %
- ROCE 47.7 %
- ROE 41.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 25.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.8%
- Company has been maintaining a healthy dividend payout of 59.8%
Cons
- Stock is trading at 24.8 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
514 | 605 | 772 | 849 | 1,075 | 1,237 | 1,386 | 1,597 | 1,610 | 1,826 | 2,471 | 3,145 | 3,388 | |
447 | 535 | 635 | 672 | 827 | 964 | 1,039 | 1,181 | 1,266 | 1,303 | 1,704 | 2,182 | 2,376 | |
Operating Profit | 68 | 70 | 137 | 177 | 248 | 274 | 347 | 416 | 344 | 524 | 767 | 962 | 1,012 |
OPM % | 13% | 12% | 18% | 21% | 23% | 22% | 25% | 26% | 21% | 29% | 31% | 31% | 30% |
6 | -10 | 16 | 4 | 12 | 18 | 43 | 43 | 58 | 40 | 45 | 74 | 98 | |
Interest | 3 | 5 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 10 | 17 | 18 |
Depreciation | 21 | 24 | 35 | 25 | 23 | 27 | 25 | 25 | 43 | 44 | 55 | 81 | 89 |
Profit before tax | 50 | 32 | 115 | 156 | 236 | 264 | 364 | 433 | 352 | 512 | 745 | 938 | 1,002 |
Tax % | 33% | 34% | 35% | 34% | 34% | 34% | 34% | 33% | 27% | 28% | 26% | 19% | |
34 | 21 | 75 | 103 | 155 | 175 | 240 | 290 | 256 | 368 | 550 | 755 | 785 | |
EPS in Rs | 5.45 | 3.37 | 12.06 | 16.52 | 24.85 | 28.05 | 38.54 | 46.56 | 41.12 | 59.11 | 88.26 | 121.26 | 126.06 |
Dividend Payout % | 64% | 74% | 37% | 33% | 28% | 29% | 29% | 29% | 40% | 81% | 48% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 18% |
3 Years: | 25% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 26% |
3 Years: | 43% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 50% |
5 Years: | 52% |
3 Years: | 72% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 36% |
5 Years: | 35% |
3 Years: | 37% |
Last Year: | 41% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 62 | 62 | 62 | 62 | 62 | 62 | 62 |
Reserves | 158 | 161 | 204 | 252 | 355 | 527 | 676 | 880 | 1,028 | 1,290 | 1,539 | 2,023 | 2,034 |
34 | 59 | 0 | 0 | 0 | 0 | 0 | 0 | 58 | 73 | 138 | 185 | 237 | |
107 | 106 | 152 | 182 | 214 | 158 | 207 | 201 | 241 | 291 | 430 | 493 | 479 | |
Total Liabilities | 330 | 356 | 387 | 465 | 600 | 715 | 945 | 1,143 | 1,389 | 1,717 | 2,169 | 2,764 | 2,813 |
100 | 99 | 97 | 98 | 107 | 108 | 94 | 101 | 147 | 170 | 272 | 334 | 384 | |
CWIP | 10 | 21 | 13 | 3 | 2 | 1 | 2 | 0 | 1 | 7 | 22 | 7 | 10 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
219 | 236 | 277 | 364 | 491 | 607 | 848 | 1,042 | 1,241 | 1,540 | 1,876 | 2,423 | 2,419 | |
Total Assets | 330 | 356 | 387 | 465 | 600 | 715 | 945 | 1,143 | 1,389 | 1,717 | 2,169 | 2,764 | 2,813 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
58 | 37 | 126 | 143 | 121 | 144 | 197 | 215 | 256 | 437 | 483 | 487 | |
-31 | -29 | -18 | -29 | -31 | 28 | -245 | -162 | 43 | -439 | -106 | -201 | |
-23 | -11 | -79 | -32 | -41 | -52 | -60 | -83 | -124 | -126 | -326 | -303 | |
Net Cash Flow | 3 | -3 | 29 | 83 | 49 | 120 | -108 | -30 | 175 | -128 | 51 | -17 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 81 | 74 | 66 | 73 | 72 | 81 | 81 | 89 | 98 | 99 | 113 |
Inventory Days | 0 | 0 | 6 | 8 | 2 | 1 | ||||||
Days Payable | 205 | 212 | 244 | 202 | ||||||||
Cash Conversion Cycle | 88 | 81 | 74 | 66 | 73 | 72 | 81 | -117 | -116 | 98 | -143 | -88 |
Working Capital Days | 35 | 40 | 22 | 10 | 26 | 54 | 59 | 69 | 75 | 56 | 50 | 78 |
ROCE % | 25% | 22% | 48% | 60% | 71% | 56% | 57% | 51% | 35% | 40% | 48% | 48% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Nov
Annual reports
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2023Transcript PPT
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Geographical Presence
The company is present across the world with Americas accounting for majority of revenues at 42%, followed by Europe (36%), India (17%) & rest of world contributing to 5% of revenues[1]