Tata Elxsi Q4 Results: The Tata Group-backed 36-year-old Tata Elxsi is a midcap tech stock under the conglomerate. This tech player is going to announce its Q4 results on Thursday. Ahead of the earnings, Tata Elxsi traded at Rs 4867, down by 1.3% on BSE. The company is expected to report over 5% growth in revenue during Q4FY25, however, its transportation verticals are likely to be muted. PAT is estimated to record mild de-growth, and EBIT margins may dip as wage hikes will play spoilsport.
Tata Elxsi Share Price:
At the time of writing, Tata Elxsi share price traded at Rs 4854.50 apiece, down by 1.54% on BSE, with market cap at Rs 30,235.83 crore on BSE. The stock opened at an intraday high of Rs 4919.60 apiece, which is lower compared to the previous session's print of Rs 4930.50 apiece.
The stock's 52-week high and low is at Rs 9,082.90 apiece and Rs 4,601.05 apiece.
Tata Elxsi Q4 Results Preview:
The midcap player announced that the board of directors on Thursday, April 17, 2025, will consider, inter-alia, the audited financial results of the company for the quarter and year ended March 31, 2025.
In its preview report, Choice Broking said, "We expect revenue to grow by 5.3% YoY owing to continued ramp-up of deals. Transportation verticals may stay muted for the near term. Media & Healthcare are expected to contribute more from H2FY26E. EBIT margins are expected to decrease by 180 bps owing to wage hike impact and operational deleverage. PAT is projected to de-grew by 0.9% YoY."
Hence, the brokerage estimated revenue of Rs 953.5 crore, which would be higher by 5.3% from Q4FY24. Further, EBIT is forecasted at Rs 228.8 crore in Q4FY25, down by 2.1%, with EBIT margins likely to decline by 180 bps to 24%. PAT is projected at Rs 195.2 crore, down marginal by 0.9%.
This tech company had reported a lower net profit of Rs 190 crore in Q3FY25, compared to Rs 206.43 crore in Q3FY24 and Rs 229.43 crore in Q2FY25. Meanwhile, top-line performance was mixed with revenue from operations came in at Rs 939.17 crore in Q3FY25, which was higher than revenue of Rs 914.23 crore in Q3FY24, but lower from Rs 955.08 crore in Q2FY25.
During the announcement of Q3 results in January, Manoj Raghavan, CEO and Managing Director, of Tata Elxsi, for fourth quarter said, "We step into the fourth quarter of this financial year with the confidence of large automotive deal wins in the year and quarter that will see continued ramp-ups even as we navigate the current volatility in the automotive market; the stability and return to growth in our healthcare and media & communications verticals, and large strategic deals in the pipeline across all our key verticals"
Tata Elxsi Dividend:
On April 17, the company also announced that the board will consider the final dividend recommendation for FY25. Before this, Tata Elxsi rewarded investors with a final dividend of Rs 70 per share and its ex-date stood on June 25, 2024.
About Tata Elxsi:
Tata Elxsi commenced its business on 5th May 1989 in Bangalore, the Silicon Valley of India, to develop and promote applications of electronics, embedded systems, and software. The Mission was to foster innovation in the fast-emerging IT market and accelerate the adoption of leading-edge technologies.
Currently, the company is recognized as a premium engineering service provider worldwide and amongst the leaders in the automotive, media, broadcast, communications, and healthcare industries.
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