Tata Elxsi Limited

BSE:500408 Stock Report

Market Cap: ₹337.4b

Tata Elxsi Valuation

Is 500408 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 500408 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 500408 (₹5440.6) is trading above our estimate of future cash flow value (₹981.28)

Significantly Below Future Cash Flow Value: 500408 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500408?

Key metric: As 500408 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500408. This is calculated by dividing 500408's market cap by their current earnings.
What is 500408's PE Ratio?
PE Ratio58.4x
Earnings₹5.80b
Market Cap₹337.38b

Price to Earnings Ratio vs Peers

How does 500408's PE Ratio compare to its peers?

The above table shows the PE ratio for 500408 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.3x
KPITTECH KPIT Technologies
37.8x17.98%₹271.7b
BSOFT Birlasoft
25.5x19.46%₹118.6b
NEWGEN Newgen Software Technologies
26x16.75%₹78.6b
532407 MosChip Technologies
107.9xn/a₹38.9b
500408 Tata Elxsi
58.4x22.17%₹338.9b

Price-To-Earnings vs Peers: 500408 is expensive based on its Price-To-Earnings Ratio (58.4x) compared to the peer average (49.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 500408's PE Ratio compare vs other companies in the IN Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
3IINFOLTD 3i Infotech
4.4xn/aUS$33.81m
No more companies available in this PE range
500408 58.4xIndustry Avg. 32.3xNo. of Companies8PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500408 is expensive based on its Price-To-Earnings Ratio (58.4x) compared to the Indian Software industry average (32.3x).

Price to Earnings Ratio vs Fair Ratio

What is 500408's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500408 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio58.4x
Fair PE Ratio31.7x

Price-To-Earnings vs Fair Ratio: 500408 is expensive based on its Price-To-Earnings Ratio (58.4x) compared to the estimated Fair Price-To-Earnings Ratio (31.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 500408 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹5,440.60
₹5,028.50
-7.57%
11.71%₹6,300.00₹4,130.00n/a16
Jan ’27₹5,211.95
₹4,673.63
-10.33%
11.66%₹5,765.00₹4,000.00n/a16
Dec ’26₹5,121.95
₹4,633.00
-9.55%
11.73%₹5,765.00₹4,000.00n/a16
Nov ’26₹5,457.35
₹4,633.00
-15.11%
11.73%₹5,765.00₹4,000.00n/a16
Oct ’26₹5,226.75
₹4,663.50
-10.78%
11.26%₹5,700.00₹3,800.00n/a16
Sep ’26₹5,357.15
₹4,663.19
-12.95%
10.98%₹5,670.00₹3,800.00n/a16
Aug ’26₹6,046.80
₹4,667.40
-22.81%
11.32%₹5,670.00₹3,800.00n/a15
Jul ’26₹6,208.50
₹4,830.73
-22.19%
14.88%₹7,010.00₹4,000.00n/a15
Jun ’26₹6,435.50
₹4,835.73
-24.86%
14.49%₹7,010.00₹4,100.00n/a15
May ’26₹5,763.90
₹4,827.57
-16.24%
15.01%₹7,010.00₹4,100.00n/a14
Apr ’26₹5,069.75
₹5,836.23
+15.12%
19.48%₹8,963.00₹4,500.00n/a13
Mar ’26₹5,412.50
₹6,365.54
+17.61%
17.65%₹8,963.00₹5,400.00n/a13
Feb ’26₹6,381.20
₹6,434.08
+0.83%
18.44%₹8,963.00₹5,400.00₹5,415.7013
Jan ’26₹6,746.70
₹6,814.92
+1.01%
15.47%₹8,963.00₹5,510.00₹5,211.9513
Dec ’25₹6,670.50
₹6,944.92
+4.11%
15.04%₹8,963.00₹5,510.00₹5,121.9513
Nov ’25₹7,107.70
₹6,944.77
-2.29%
15.04%₹8,963.00₹5,510.00₹5,457.3513
Oct ’25₹7,767.90
₹6,744.42
-13.18%
14.98%₹8,904.00₹5,500.00₹5,226.7512
Sep ’25₹7,992.05
₹6,661.36
-16.65%
13.02%₹8,166.00₹5,500.00₹5,357.1511
Aug ’25₹6,940.35
₹6,661.36
-4.02%
13.02%₹8,166.00₹5,500.00₹6,046.8011
Jul ’25₹7,071.50
₹6,662.22
-5.79%
14.64%₹8,095.00₹5,320.00₹6,208.509
Jun ’25₹6,953.40
₹6,666.11
-4.13%
14.64%₹8,095.00₹5,320.00₹6,435.509
May ’25₹7,047.75
₹6,787.22
-3.70%
17.24%₹8,989.00₹5,320.00₹5,763.909
Apr ’25₹7,743.40
₹7,177.11
-7.31%
18.47%₹8,989.00₹5,300.00₹5,069.759
Mar ’25₹7,738.65
₹7,204.89
-6.90%
17.90%₹8,989.00₹5,300.00₹5,412.509
Feb ’25₹7,636.05
₹7,204.89
-5.65%
17.90%₹8,989.00₹5,300.00₹6,381.209
₹5.03k
Fair Value
8.2% overvalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/02 17:30
End of Day Share Price 2026/02/02 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tata Elxsi Limited is covered by 32 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Moez ChandaniAmbit Capital
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital