Tata Elxsi (TATAELXSI) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with a tribute to recent tragedies and a minute of silence, followed by a welcome and confirmation of quorum for the 36th AGM, conducted via video conference in compliance with regulatory guidelines.

• Notice of the AGM and annual report were distributed electronically; e-voting was facilitated before and during the meeting.

• CEO and Managing Director Manoj Raghavan led the meeting on 25 June 2025, focusing on purpose-driven digital design and innovation.

Financial performance review

• Operating revenue for FY 2024-25 reached ₹3,729 crores, a 5% increase over the previous year, with an EBITDA margin of 26.1% and profit after tax at ₹784.9 crores.

• FY'25 operating revenue reached INR 3,729 Cr, with a profit before tax margin of 26.3%.

• ROCE stood at 34.3%, EPS growth at 20.8% over four years, and a four-year dividend CAGR of 11.8%.

• Transportation contributed 54% of revenue, media and telecom 33%, and healthcare 12%; Europe and the US were the largest markets.

Board and executive committee updates

• Directors and key executives introduced, highlighting committee roles and recent changes, including appreciation for outgoing and incoming auditors.

• Board acknowledged the contributions of former director Mr. Sudhakar Rao and paid tribute to Mr. Ratan Tata.