Tata Elxsi
Market Cap
₹147.3b
Last Updated
2021/01/18 12:09 UTC
Data Sources
Company Financials
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
| 500408 | Industry | Market | |
|---|---|---|---|
| 7 Day | 17.9% | -0.9% | -2.2% |
| 30 Day | 52.6% | 8.0% | 3.4% |
| 90 Day | 65.2% | 26.5% | 21.5% |
| 1 Year | 171.1%166.2% | 75.7%65.1% | 17.3%15.2% |
| 3 Year | 141.0%131.3% | 24.3%9.7% | 7.2%2.0% |
| 5 Year | 190.3%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
2 years ago | Simply Wall St
Should You Be Tempted To Sell Tata Elxsi Limited (BOM:500408) At Its Current PE Ratio?2 years ago | Simply Wall St
Attractive Stocks To Profit FromValuation
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
- Check out Tata Elxsi's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Tata Elxsi competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.25yrs | ₹24.83m | 0.0032% ₹ 4.7m | |
| Chief Financial Officer | 3.5yrs | ₹12.12m | 0.00016% ₹ 235.7k | |
| General Counsel | no data | ₹9.17m | 0.00017% ₹ 250.5k | |
| Head of Marketing and Senior Vice President | no data | ₹2.57m | no data | |
| Vice President of Human Resources | 14yrs | ₹2.55m | no data | |
| Senior Vice President of Broadcast Business | no data | ₹2.58m | no data | |
| Executive Vice President | no data | ₹2.49m | no data | |
| Global Head of Business Finance | 9yrs | ₹2.75m | no data | |
| Head of Telecom & Networking Business & VP | no data | ₹2.48m | no data | |
| Global Head of Design & Innovation | no data | no data | no data | |
| Vice President of Strategic Initiatives | no data | ₹2.52m | no data | |
| General Manager of VCL | no data | ₹2.52m | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.25yrs | ₹24.83m | 0.0032% ₹ 4.7m | |
| Chairman | 6.17yrs | ₹120.00k | no data | |
| Independent Non Executive Director | 9.42yrs | ₹11.53m | no data | |
| Non Executive Non-Independent Director | 2.42yrs | ₹150.00k | no data | |
| Independent Non-Executive Director | 4.42yrs | ₹7.18m | no data | |
| Additional Independent Director | 0.17yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500408 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2000 |
| TATAELXSI | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 12:09 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.