Tata Elxsi (TATAELXSI) Q4 24/25 earnings summary

Executive summary

• Q4 FY2025 operating revenue was INR 908.3 crores, with a PBT margin of 23.3%; FY2025 revenue totaled INR 3,729 crores and PBT margin was 26.3%.

• Board recommended a final dividend of INR 75 per share (750%) for FY2025, pending shareholder approval.

• Large multi-year deals secured in automotive (EUR 50 million) and media/communications (EUR 100 million+), the latter being the largest in company history.

• Design-led revenues grew over 25% year-over-year, with international recognition for design and digital solutions.

• Strategic expansion into aerospace, defense, and advanced air mobility partnerships.

Financial highlights

• FY2025 revenue: INR 3,729 crores (+5.0% YoY); Q4 revenue: INR 908.3 crores (+0.3% YoY, -3.3% QoQ).

• FY2025 PAT: INR 784.9 crores (-0.9% YoY); Q4 PAT: INR 172.4 crores (-12.4% YoY, -13.4% QoQ).

• FY2025 EBITDA margin: 26.1%; Q4 EBITDA margin: 22.9%.

• Basic and diluted EPS for FY2025 were INR 126.03 and INR 126.01, respectively.

• Other income for FY2025 rose 47% YoY to INR 179.3 crores.

Outlook and guidance

• Management expects growth to resume from Q1 FY2026, with a strong deal pipeline and improved visibility.

• FY2026 is expected to outperform FY2025, leveraging recent large deal wins and a full year to scale them.

• Margin improvement anticipated as revenue growth returns; focus on utilization and cautious hiring.

• Medium-term outlook remains positive across all verticals, with confidence in the business model and capabilities.

• Continued focus on OEMs in automotive and operators in media & telecom, with deepening customer relationships.