Tata Elxsi Partners with Infineon to Develop EV Solutions for Indian Market Jun 19, 2025
More news about Tata Elxsi
10Jun 25
Tata Elxsi Announces Record Dividend: Last Day to Buy Shares for Eligibility
Tata Elxsi Ltd. has declared its highest-ever dividend of Rs 75.00 per share for the fiscal year, totaling Rs 467.00 crore. The last date to buy shares for dividend eligibility is June 10, with the record date set for June 11. This announcement is subject to shareholder approval.
14May 25
Tata Elxsi Shares Surge on Mercedes-Benz R&D India Partnership
Tata Elxsi has announced a partnership with Mercedes-Benz Research and Development India (MBRDI) to focus on vehicle software engineering and software-defined vehicle development. This collaboration expands their decade-long engagement and aims to scale next-generation automotive software development from India. The stock market responded positively, with Tata Elxsi's shares increasing by 2.50%. This partnership highlights the growing importance of software in modern automobiles and reinforces India's position as a global center for high-tech engineering.
Tata Elxsi reported disappointing Q4 FY2025 results with declines in key segments and a 13.40% decrease in net profit to ₹172.40 crore. Auto revenues fell 9.70% QoQ, while media and telecom revenues dropped 6.30%. Despite these challenges, the company secured two major deals: a €50 million automotive contract and a $100 million media industry deal. Tata Elxsi announced a ₹75 per share dividend, leading to a 5% increase in share price. Management remains optimistic about FY2026 recovery, but brokerages maintain caution, with Morgan Stanley and JPMorgan keeping Underweight ratings and lowering target prices. DRChoksey reduced FY26E/FY27E EPS estimates by 4% each.
Tata Elxsi announced its FY 2024-25 results with operating revenue of Rs. 3,729.00 crores, up 5% YoY. The company reported a PBT of Rs. 1,028.40 crores and PAT of Rs. 784.90 crores. Q4 revenue stood at Rs. 908.30 crores. Significant deals were secured in automotive (€50 million), media and communications (over $100 million), and healthcare sectors. The company is expanding into Aerospace and Defence, investing in AI technologies, and has recommended a 750% final dividend.
18Apr 25
Tata Elxsi Reports Mixed Q4 Results, Secures Major Deals Across Verticals
Tata Elxsi announced its Q4 and FY25 financial results, showing marginal revenue growth amid challenging market conditions. Q4 revenue increased by 0.3% YoY to Rs. 908.30 crore, while FY25 revenue grew 5.0% to Rs. 3,729.00 crore. The company secured significant deals, including a €50 million SDV contract and a $100 million product engineering deal. A final dividend of 750% was recommended. Tata Elxsi also revealed its entry into the aerospace and defence sector and continued focus on AI and digital technologies.