BSE:500408

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Executive Summary

Tata Elxsi Limited provides product design and engineering, and systems integration and support services in India, the United States, Europe, and internationally. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has Tata Elxsi's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500408 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 500408's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

17.9%

500408

-0.9%

IN Software

-2.2%

IN Market


1 Year Return

166.2%

500408

65.1%

IN Software

15.2%

IN Market

Return vs Industry: 500408 exceeded the Indian Software industry which returned 67% over the past year.

Return vs Market: 500408 exceeded the Indian Market which returned 15.9% over the past year.


Shareholder returns

500408IndustryMarket
7 Day17.9%-0.9%-2.2%
30 Day52.6%8.0%3.4%
90 Day65.2%26.5%21.5%
1 Year171.1%166.2%75.7%65.1%17.3%15.2%
3 Year141.0%131.3%24.3%9.7%7.2%2.0%
5 Year190.3%173.8%55.2%29.9%78.6%65.0%

Long-Term Price Volatility Vs. Market

How volatile is Tata Elxsi's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tata Elxsi undervalued compared to its fair value and its price relative to the market?

46.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500408 (₹2493.9) is trading above our estimate of fair value (₹757.15)

Significantly Below Fair Value: 500408 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500408 is poor value based on its PE Ratio (46.4x) compared to the IN Software industry average (16.8x).

PE vs Market: 500408 is poor value based on its PE Ratio (46.4x) compared to the Indian market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500408's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500408 is overvalued based on its PB Ratio (13.7x) compared to the IN Software industry average (1.6x).


Next Steps

Future Growth

How is Tata Elxsi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.4%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tata Elxsi has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Tata Elxsi performed over the past 5 years?

14.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500408 has high quality earnings.

Growing Profit Margin: 500408's current net profit margins (19.2%) are higher than last year (15.6%).


Past Earnings Growth Analysis

Earnings Trend: 500408's earnings have grown by 14.5% per year over the past 5 years.

Accelerating Growth: 500408's earnings growth over the past year (36.5%) exceeds its 5-year average (14.5% per year).

Earnings vs Industry: 500408 earnings growth over the past year (36.5%) exceeded the Software industry 20.5%.


Return on Equity

High ROE: 500408's Return on Equity (29.5%) is considered high.


Next Steps

Financial Health

How is Tata Elxsi's financial position?


Financial Position Analysis

Short Term Liabilities: 500408's short term assets (₹12.4B) exceed its short term liabilities (₹2.1B).

Long Term Liabilities: 500408's short term assets (₹12.4B) exceed its long term liabilities (₹820.9M).


Debt to Equity History and Analysis

Debt Level: 500408 is debt free.

Reducing Debt: 500408 had no debt 5 years ago.

Debt Coverage: 500408 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500408 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Tata Elxsi current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500408's dividend (0.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: 500408's dividend (0.66%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).


Stability and Growth of Payments

Stable Dividend: 500408's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500408's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.7%), 500408's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Manoj Raghavan (49 yo)

1.25yrs

Tenure

₹24,832,984

Compensation

Mr. Manoj Raghavan has been Managing Director, Chief Executive Officer and Director at Tata Elxsi Limited since October 2, 2019 and served as its Executive Vice President and Head of The Embedded Product D...


CEO Compensation Analysis

Compensation vs Market: Manoj's total compensation ($USD339.49K) is below average for companies of similar size in the Indian market ($USD486.03K).

Compensation vs Earnings: Insufficient data to compare Manoj's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Manoj Raghavan
MD, CEO & Director1.25yrs₹24.83m0.0032%
₹ 4.7m
H. Muralidharan
Chief Financial Officer3.5yrs₹12.12m0.00016%
₹ 235.7k
G. Vaidyanathan
General Counselno data₹9.17m0.00017%
₹ 250.5k
Pai Nitin
Head of Marketing and Senior Vice Presidentno data₹2.57mno data
Philip Mammen
Vice President of Human Resources14yrs₹2.55mno data
M. Thangarajan
Senior Vice President of Broadcast Businessno data₹2.58mno data
Anil Sondur
Executive Vice Presidentno data₹2.49mno data
Vasant Shah
Global Head of Business Finance9yrs₹2.75mno data
Satyanarayan Prakash
Head of Telecom & Networking Business & VPno data₹2.48mno data
Nick Talbot
Global Head of Design & Innovationno datano datano data
Rajesh Kumar
Vice President of Strategic Initiativesno data₹2.52mno data
K. Chandrashekar
General Manager of VCLno data₹2.52mno data

6.3yrs

Average Tenure

56yo

Average Age

Experienced Management: 500408's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manoj Raghavan
MD, CEO & Director1.25yrs₹24.83m0.0032%
₹ 4.7m
Ganapathy Natarajan
Chairman6.17yrs₹120.00kno data
Shyamala Gopinath
Independent Non Executive Director9.42yrs₹11.53mno data
Ankur Verma
Non Executive Non-Independent Director2.42yrs₹150.00kno data
Sudhakar Rao
Independent Non-Executive Director4.42yrs₹7.18mno data
Anurag Kumar
Additional Independent Director0.17yrno datano data

3.4yrs

Average Tenure

61yo

Average Age

Experienced Board: 500408's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tata Elxsi Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tata Elxsi Limited
  • Ticker: 500408
  • Exchange: BSE
  • Founded: 1989
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: ₹147.341b
  • Shares outstanding: 62.23m
  • Website: https://www.tataelxsi.com

Number of Employees


Location

  • Tata Elxsi Limited
  • ITPB Road
  • Whitefield
  • Bengaluru
  • Karnataka
  • 560048
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500408BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2000
TATAELXSINSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2000

Biography

Tata Elxsi Limited provides product design and engineering, and systems integration and support services in India, the United States, Europe, and internationally. It operates through two segments, Software...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/18 12:09
End of Day Share Price2021/01/18 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.