Financial Performance Summary

Revenue Performance:

  • Operating Revenue: ₹1,021.1 Crores (quarterly)
  • Quarter-over-Quarter Growth: 2.8%
  • Year-over-Year Growth: 14.5%
  • Milestone: Crossed ₹1,000 crores quarterly revenue

Profitability Metrics:

  • EBITDA: ₹216.0 Crores
  • EBITDA Growth (YoY): 15.7%
  • EBITDA Margin: 21.2%
  • Profit Before Tax (PBT): ₹232.5 Crores
  • PBT Growth (YoY): 18.4%
  • PBT Margin: 21.9%
  • Profit After Tax (PAT): ₹170.6 Crores
  • PAT Growth (YoY): 18.2%
  • PAT Margin: 16.1%

Segment-wise Performance

Transportation Business:

  • Year-over-Year Growth: 13.3%
  • Growth Drivers: Accelerated OEM engagements and strategic wins in off-road and aerospace segments
  • OEM Revenue Contribution: 78% of automotive revenues

Media & Communications Business:

  • Year-over-Year Growth: 22.2%
  • Growth Drivers: Continued ramp-up of key engagements and expanded programs with global operators, broadcasters and device OEMs

Healthcare and Life Sciences Business:

  • Quarter-over-Quarter Growth: 1.7%
  • Business Environment: Muted for healthcare industry

Strategic Initiatives and Partnerships

JSW Motors Partnership:

  • Establishment of JNEXT – JSW NextGen Technology Centre
  • Strategic hub for next-generation software defined, AI-powered mobility solutions
  • Focus on enabling technology-led, new-energy mobility ecosystem in India

Media & Communications Deals:

  • Gen AI powered transformation and managed services deal win for large-scale AdTech ecosystem in US
  • Program delivers end-to-end application support and phased modernization of legacy systems
  • Gen AI powered SDLC process enabling outcomes in legacy modernisation, service efficiency and platform reliability

Neuron Platform Milestone:

  • Enabled Sky in Europe to transition toward autonomous network operations
  • Combines AI-driven automation with inventory-led network intelligence
  • Delivering measurable efficiency and agility ranging from 30-70% across key parameters

Healthcare Innovations:

  • Launch of Gen AI powered material intelligence platform ViTEL
  • Launch of AI-native Software Development platform for medtech and healthcare, AnaTEL
  • First strategic deal for ViTEL with global medtech company for structured material traceability and compliance

Management Commentary

Mr. Manoj Raghavan, CEO and Managing Director, commented:

  • Performance reflects strength of design-led and AI-enabled engineering capabilities
  • Company is scaling offerings to help Auto OEMs pivot to connected, multi-powertrain and AI powered mobility
  • Gaining traction with platform-enabled offerings to help customers integrate AI into workflows, products and customer experience
  • FY27 marks a year of future focus with targeted investments in specialized talent, AI powered platforms, tools and infrastructure
  • Investments are enhancing customer value creation and opening new avenues for growth
  • Company positioned to address strategic priorities: connected intelligent products, digital transformation, AI-powered efficiencies, and engineering modernization
  • Focus on sustainable growth, deepening engagements with key customers, and protecting industry-leading margins

Business Overview

Tata Elxsi is among the world's leading providers of design and technology services across industries including Automotive, Broadcast, Communications, Healthcare and Transportation. The company helps customers reimagine products and services through design thinking and application of AI and digital technologies.