Tata Elxsi Limited — Investor Meet, 24-04-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Tata Elxsi reported Q4 FY26 revenue of ₹993.8 Cr, a 0.9% QoQ constant currency growth. EBITDA margin rose to 24.6% (+130 bps sequentially) due to currency tailwinds and operating efficiencies, with utilization at ~73%. Transportation revenue grew 0.2% QoQ, boosted by strategic OEM wins, which now form 77% of the vertical's revenue. Healthcare de-grew 13.1% due to delayed deals, but Q4 is anticipated to be its bottom. Media & Communications posted 5.6% growth, driven by deal ramp-ups and a large multi-year deal. Management expects high-single-digit overall growth for FY27, adopting a cautious outlook due to geopolitical factors. The company continues to leverage GenAI for efficiency and value creation, aiming for a ~27% PBT margin by Q4 FY27.