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Tata Elxsi (TATAELXSI) investor relations material
Tata Elxsi Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY27 revenue from operations was ₹1,055.7 crore, up 15.0% YoY reported and 7.8% YoY in constant currency; QoQ constant-currency growth was 2.3%.
Growth spanned Transportation, Media & Communications, and Healthcare & Life Sciences; EBITDA margin expanded 70 bps QoQ to 21.9%.
Management expects H2 growth to exceed H1 on a YoY basis, with M&C and HLS expected to improve; Europe automotive remains uncertain.
Financial highlights
Revenue from operations was ₹1,055.7 crore; total income was ₹1,090.6 crore, up 2.6% QoQ and 12.8% YoY.
EBITDA was ₹231.4 crore, up 7.1% QoQ and 19.7% YoY; EBIT was ₹207.8 crore, up 7.2% QoQ and 22.3% YoY.
PBT was ₹239.1 crore, up 2.9% QoQ and 11.4% YoY; PAT was ₹170.3 crore, down 0.2% QoQ and up 10.0% YoY.
H1 FY27 revenue was ₹207,676.48 lakh vs ₹181,019.82 lakh in H1 FY26; net profit was ₹34,089.79 lakh vs ₹29,918.68 lakh.
Q2 FY27 audited results received an unmodified audit opinion; the Board approved them on October 13, 2026.
Outlook and guidance
Management expects H2 FY27 revenue to exceed H1 on a YoY basis, with M&C and HLS expected to improve; transportation growth depends partly on Europe.
Q3's shorter calendar and possible customer-specific furloughs add near-term performance uncertainty.
Utilization, cost control, operational leverage and gradual pyramid rebalancing are expected to support a slightly upward margin trajectory; no numeric target was set.
Formal guidance is not provided; management expressed confidence in sustaining H2 growth and continuing investment in AI-first services.
- Higher system volumes and positive operating cash flow, but FY97 profit declined amid pricing pressure.TATAELXSI
Q4 96/97 - Net profit rose to Rs 207.04 lakh as broadcast and overseas development work advanced.TATAELXSI
Q4 97/98 - Higher profit and expanding overseas services offset pressure in CAD/CAM and research markets.TATAELXSI
Q4 98/99 - Record orders and 67% D&D growth accompanied higher income and profit.TATAELXSI
Q4 99/00 - Profit more than doubled as D&D grew 100%, despite market headwinds.TATAELXSI
Q4 00/01 - Profit rose despite lower revenue, led by software growth and cost reductions.TATAELXSI
Q4 01/02 - Software growth cushioned recession-driven weakness in systems integration and lower FY2002-03 profit.TATAELXSI
Q4 02/03 - Revenue rose 40.04%, net profit 50.13%, and the recommended dividend reached 40%.TATAELXSI
Q4 03/04 - Software services drove 50% PAT growth as Systems Integration revenue fell 33%.TATAELXSI
Q4 04/05 - FY06 PAT rose 31% as software services and delivery capacity expanded.TATAELXSI
Q4 05/06
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