Tata Elxsi Limited — Investor Meet, 17-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates
17-07-2026 | 04:27 pm
17-07-2026 | 04:27 pm
Tata Elxsi reported Q1 FY27 operating revenue of INR1,021.1 crores, marking a 6.5% YoY growth (constant currency). EBITDA stood at INR216 crores with a 21.2% margin. Transportation grew 6.7% and Media & Communication 11.5% YoY, while Healthcare was flat. Margins were impacted by ~150 bps one-off costs and ~220 bps in strategic investments for talent, AI, and onsite delivery for new deals. A Q2 company-wide wage hike is planned, partially offset by declining one-time costs. Management remains confident in growth for key verticals, aiming for high-single-digit FY27 growth if healthcare gains momentum, focusing on strategic platforms and talent retention.
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