Financial Performance (Quarterly)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹1,05,565.73 lakh
  • Other Income (net): ₹3,491.02 lakh
  • Total Income: ₹1,09,056.75 lakh
  • Total Expenses: ₹85,147.09 lakh
  • Employee Benefits Expense: ₹62,009.62 lakh
  • Other Expenses: ₹13,071.24 lakh
  • Cost of Materials Consumed: ₹7,344.22 lakh
  • Depreciation & Amortization: ₹2,365.23 lakh
  • Finance Costs: ₹356.78 lakh
  • Profit Before Tax: ₹23,909.66 lakh
  • Total Tax Expense: ₹6,879.74 lakh
  • Current Tax: ₹7,140.95 lakh
  • Deferred Tax: (₹261.21) lakh [credit]
  • Net Profit for the Quarter: ₹17,029.92 lakh
  • Other Comprehensive Income (net of tax): (₹102.00) lakh
  • Total Comprehensive Income: ₹16,927.92 lakh
  • Basic EPS: ₹27.34
  • Diluted EPS: ₹27.34
  • Paid-up Equity Share Capital: ₹6,230.57 lakh

Financial Performance (Half-Yearly)

Period: April 01, 2026 to September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹2,07,676.48 lakh
  • Other Income (net): ₹7,636.78 lakh
  • Total Income: ₹2,15,313.26 lakh
  • Total Expenses: ₹1,68,157.91 lakh
  • Profit Before Tax: ₹47,155.35 lakh
  • Total Tax Expense: ₹13,065.56 lakh
  • Net Profit for the Period: ₹34,089.79 lakh
  • Other Comprehensive Income (net of tax): (₹207.85) lakh
  • Total Comprehensive Income: ₹33,881.94 lakh
  • Basic EPS: ₹54.72
  • Diluted EPS: ₹54.72

Comparative Performance

Quarterly Comparison (YoY):

  • Revenue growth of 15.0% from ₹91,810.23 lakh in Q2 FY26
  • Net Profit growth of 10.0% from ₹15,481.91 lakh in Q2 FY26

Half-Yearly Comparison (YoY):

  • Revenue growth of 14.7% from ₹1,81,019.82 lakh in H1 FY26
  • Net Profit growth of 14.0% from ₹29,918.68 lakh in H1 FY26

Segment Information

The company operates in two business segments:

1. Software Development & Services

2. System Integration & Support Services

Assets and liabilities are used interchangeably amongst segments and are not allocated to reportable segments.

Balance Sheet Position (as at September 30, 2026)

Total Assets: ₹3,84,945.41 lakh

  • Non-Current Assets: ₹89,544.96 lakh
  • Property, Plant & Equipment: ₹11,964.93 lakh
  • Right-of-Use Assets: ₹11,098.29 lakh
  • Financial Assets: ₹56,438.31 lakh (Investments: ₹717.88 lakh; Other Financial Assets: ₹55,720.43 lakh)
  • Deferred Tax Assets: ₹7,802.18 lakh
  • Tax Assets: ₹1,164.02 lakh
  • Current Assets: ₹2,95,400.45 lakh
  • Trade Receivables: ₹1,07,116.99 lakh (Billed: ₹83,755.44 lakh; Unbilled: ₹23,361.55 lakh)
  • Cash & Cash Equivalents: ₹16,202.84 lakh
  • Bank Balances (other): ₹1,45,292.05 lakh
  • Loans Receivable: ₹452.13 lakh
  • Other Financial Assets: ₹3,985.08 lakh
  • Other Current Assets: ₹22,351.36 lakh

Total Equity: ₹2,91,279.38 lakh

  • Equity Share Capital: ₹6,230.57 lakh
  • Other Equity: ₹2,85,048.81 lakh

Total Liabilities: ₹93,666.03 lakh

  • Non-Current Liabilities: ₹14,901.84 lakh
  • Lease Liabilities: ₹8,480.62 lakh
  • Provisions: ₹6,421.22 lakh
  • Current Liabilities: ₹78,764.19 lakh
  • Lease Liabilities: ₹5,799.55 lakh
  • Trade Payables: ₹26,696.40 lakh (Micro/SME: ₹759.07 lakh; Others: ₹15,937.20 lakh; Creditors: ₹10,104.13 lakh)
  • Other Financial Liabilities: ₹18,138.47 lakh
  • Other Current Liabilities: ₹13,649.15 lakh
  • Provisions: ₹13,225.01 lakh
  • Current Tax Liabilities: ₹14,376.62 lakh

Cash Flow Statement (H1 FY27)

  • Cash Generated from Operations: ₹44,087.69 lakh
  • Income Tax Paid: (₹6,702.38) lakh
  • Net Cash from Operating Activities: ₹37,385.31 lakh
  • Net Cash from Investing Activities: ₹9,945.40 lakh
  • Acquisition of PP&E & Intangibles: (₹1,799.75) lakh
  • Investments: (₹717.88) lakh
  • Investments in Bank Deposits: (₹1,19,980.00) lakh
  • Proceeds from Redemption/Maturity of Bank Deposits: ₹1,25,601.00 lakh
  • Interest Received: ₹6,840.32 lakh
  • Net Cash Used in Financing Activities: (₹50,156.99) lakh
  • Repayment of Lease Liabilities: (₹3,327.21) lakh
  • Dividend Paid: (₹46,722.80) lakh
  • Finance Cost Paid: (₹107.91) lakh
  • Net Decrease in Cash: (₹2,826.28) lakh
  • Cash & Equivalents at Period End: ₹16,202.84 lakh

Notes to Financial Results

1. The results are prepared in accordance with Ind AS 34 and have been reviewed by the Audit Committee.

2. An exceptional item of ₹9,568.88 lakh was recognized in the previous year (FY26) due to the one-time impact of New Labour Codes effective November 21, 2025, which increased provisions for employee benefits.

3. Earnings per share for interim periods have not been annualized.

4. The company has no subsidiary, associate, or joint venture companies as of September 30, 2026.

Additional Information

The full results are available on the company's website (www.tataelxsi.com), BSE website (www.bseindia.com), and NSE website (www.nseindia.com).