Tata Elxsi Q4 Results: At Rs 220 crore, PAT meets Street expectations

Tata Elxsi Q4 FY26 Results: Tata group design and technology services firm Tata Elxsi (TATAELXSI) on Tuesday reported a net profit of Rs 220.4 crore for the quarter ended March, more than double from its net profit of Rs 108.9 crore for the previous three months. The Tata group firm had registered a net profit of Rs 109 crore for the October-December period, impacted by one-time costs related to new labour codes.

Its fourth-quarter revenue came in at Rs 993.8 crore, as against Rs 953.5 crore for the previous three months, according to a regulatory filing.

Tata Elxsi Q4 PAT & revenue meet expectations

Add Zee Business as a Preferred Source

While the net profit exceeded Street expectations, the quarterly revenue almost met the mark.

According to Zee Business research, Tata Exlsi was estimated to report a standalone net profit of Rs 185 crore and revenue of Rs 996.6 crore for the final quarter of FY26.

Tata Elxsi Q4 operational performance

The Tata group company registered March-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) of Rs 244.6 crore, marking sequential growth of 10 per cent over the previous quarter excluding the one-time exceptional item for the labour codes.

Its EBITDA margin -- a key measure of profitability -- came in at 24.6 per cent for the March quarter, versus 23.3 per cent for the October-December period.

The company's quarterly margin was pegged at 21.1 per cent, according to the research.

Management commentary

"We ended FY’26 with a revenue of Rs. 3,757.4 crore and PBT margin of 23.4 per cent. The company registered a healthy QoQ growth of 4.2 per cent. Our Media & Communications business, which accounted for 32.7 per cent of revenue during the quarter, registered a strong growth 5.6 per cent QoQ in constant currency terms over the previous quarter," said Manoj Raghavan, CEO and Managing Director, Tata Elxsi.

"This growth was led by continued deal ramp-ups, a strategic deal for AdTech and a Tier 1 US Telco win. In the quarter, we also won a multi-year large deal from a world leading device OEM for its portfolio of video and broadband products. This strategic deal reinforces Tata Elxsi’s position as a global leader in device engineering for media and telecom," he said.

"In our transportation business, while our revenues in Q4’26 consolidated after a strong 7.3 per cent QoQ constant currency in Q3’26, we are delighted with two strategic wins – one in APAC region from a new age OEM, and another from the US from a next-generation mobility services company. These multi-year deals underscore the pivot towards SDV and OEM business, with OEM business now representing 77 per cent of overall revenues for our transportation business," added Raghavan.

Tata Elxsi dividend

The firm declared a dividend of Rs 75 per equity share -- a 750 per cent payout given the face value of Rs 10 per share.

The dividend is subject to shareholders' approval at its next AGM

Tata Elxsi shares

Earlier in the day, Tata Elxsi shares ended 3.1 per cent higher at Rs 4,650.3 apiece on BSE.

At this level, the Tata Elxsi stock has lost 10.6 per cent of its value on a year-to-date (YTD) basis, underperforming the Nifty50's 6 per cent decline but better than the Nifty IT's 16.2 per cent fall.

ALSO READ: Q4 Results This Week (April 20–25): HCLTech, Nestle India, Axis Bank, Infosys and 38 others to declare earnings – See list