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As of 6 Nov 2026, Tata Elxsi trades at 35.8× trailing earnings, above the industry P/E of 27.7×, and the shares are 35% below their 52-week high. Sales grew 6.1% a year over 3 years while net profit fell 5.9%; its ROCE of 26% is the highest among the 7 largest Software (Application) peers. It carries very little debt, and its dividend yield is 1.9%. It is a small-cap company with a market cap of ₹24,019 Cr, the largest of 74 Software (Application) companies by market cap; the shares fell 27% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹3,942.20
Day high
₹3,967.90
Day low
₹3,838.10
Prev. close
₹3,920.00
Volume
3.4 L

Health check

1 good · 1 fair · 4 to check
  • ReturnsBehind

    −27.2% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 35.8 vs industry 27.7.

  • GrowthSlow

    Sales +6.1%, profit −5.9% a year over 3 years.

  • ProfitabilityStrong

    ROCE 26.2% vs peer median 12.6%.

  • Balance sheetFair

    Practically debt-free, Piotroski 5 of 9.

  • Red flags1 to check

    35% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Software - Application

73 listed peers. Screen the industry

Small cap

₹24,019 Cr, the largest of 74 in its industry.

Defensive

Beta 0.24 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹4,048 Cr · profit ₹670 Cr
Market cap
₹24,019 Cr
Small cap
P/E
35.8
Industry 27.7
Price to book
8.24
Peers 6.74
Dividend yield
1.91%
ROE
23.9%
Peers 12.8%
ROCE
26.2%
Peers 12.6%
Debt to equity
0.05
Debt ₹143 Cr
EPS (TTM)
₹107.57
Face value ₹10
OPM (TTM)
21.5%
Net margin 16.6%
Sales growth
+15.0%
Latest quarter vs a year ago
Profit growth
+10.0%
Latest quarter vs a year ago
Price to sales
5.93
EV/EBITDA 25.5

Strengths and risks

Strengths

  • Return on equity of 23.9%.
  • Return on capital employed of 26.2%.
  • Practically debt-free.
  • Quarterly sales up 15.0% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • 35% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Tata Elxsi

Tata Elxsi Limited provides product design and engineering, systems integration, and support services in India, the United States, Europe, and Internationally. The company operates through two segments, Systems Integration and Support, and Software Development and Services. It offers iCX, a SaaS-based solution for automating, monitoring, and managing CPEs; and AIVA, an AI-based video analytics platform that automates video tagging, object detection,…

Headquarters
Bengaluru
Employees
11,046
Sector
Technology
ISIN
INE670A01012

Price range

52 weeks

₹2,996.00₹5,950.00

Today

₹3,838.10₹3,967.90
Avg volume (3M)
3.6 L
1-year return
minus 27.2%
From 52-week high
minus 35.2%

Analyst consensus

15 analysts
HoldMean target ₹3,564.93 minus 7.5%

The mean target is below today’s price.

Target range, with today’s price

Low ₹2,840.00High ₹4,950.00

Next results expected around 12 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Software - Application

Company
TATAELXSITata Elxsi3,855.00minus 1.66%24,01935.88.2426.2%23.9%22.7%6.1%−5.9%1.91%minus 27.2%
URBANCOUrban Company158.12minus 0.25%23,446–12.14−7.2%−21.5%−22.9%34.7%–0.00%plus 6.5%
KFINTECHKfin Technologies915.80minus 1.14%15,83545.69.7518.9%22.6%38.1%22.5%20.6%1.30%minus 13.4%
KPITTECHKPIT Technologies540.45plus 0.12%14,71327.73.9921.3%15.3%26.7%24.2%18.7%1.39%minus 53.3%
BBOXBlack Box810.95minus 5.36%14,40262.211.1812.6%21.3%9.0%0.2%109.3%0.12%plus 56.1%
AMAGIAmagi Media Labs568.25minus 0.04%12,293119.96.745.0%6.3%3.9%30.3%–0.00%plus 63.2%
BLACKBUCKBLACKBUCK557.55plus 3.06%10,16156.46.7111.7%12.8%23.9%53.9%–0.00%minus 17.3%
MONEYVIEWMoneyview54.95minus 5.71%9,67227.80.8722.4%11.7%49.0%72.9%14.3%0.00%plus 8.2%
Median of 7 peers–−0.25%14,40251.06.7412.6%12.8%23.9%30.3%19.7%0.00%6.5%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
8929539941,0211,056
705781749805824
187173245216231
20.9%18.1%24.6%21.2%21.9%
38.595.750.641.534.9
4.63.54.12.73.6
24.322.823.322.323.7
–−95.7–––
196146268232239
26.5%25.6%17.7%26.6%28.8%
144109220171170
23.1817.4835.3727.3827.34

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+6.1%
Profit CAGR 3Y
−5.9%
EPS CAGR 3Y
−5.9%
ROE
23.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,1453,5523,7293,757
–+13.0%+5.0%+0.8%
2,1752,4932,7242,885
9691,0591,006873
30.8%29.8%27.0%23.2%
68.5108147167
16.220.31916.2
81.499.410593.8
−2.81.2−0.6−105
9381,0491,028825
19.4%24.5%23.7%23.8%
755792785628
–+4.9%minus 0.9%minus 19.9%
121.26127.18126.01100.89

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
62.362.362.362.3
2,0232,4432,7982,979
182224192162
495457533759
2,7643,1873,5863,963
324385311254
72.91.7–
42157358558
1,1811,3801,5891,649
1,2091,2621,3251,502
2,7643,1873,5863,963

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
487701812664
−202−270−308−72.5
−303−428−499−535
−18.23.35.156.7
−64.1−83−16.3−10.7
423618796653
−265−377−436−467

Shareholding pattern

Source: NSE filings
43.9%
promoters
  • Promoters43.89%
  • Public56.11%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202643.89%56.11%minus 0.01
30 Jun 202643.90%56.10%0.00
31 Mar 202643.90%56.10%0.00
31 Dec 202543.90%56.10%0.00
30 Sep 202543.90%56.10%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you