TATAELXSI · Information Technology
No check fired. That is a statement about the checks below, not a verdict on the company.
Operating margin slipped on the year.
EBITDA margin 27.9%, −208 bps on the year (+64 bps on the quarter).
Source: Quarterly statements
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹914 cr | ₹906 cr | ₹926 cr | ₹955 cr | ₹939 cr | ₹908 cr | ₹892 cr | ₹918 cr | ₹953 cr | ₹994 cr | ₹1,021 cr | ₹1,056 cr |
| YoY | — | — | — | +8% | +3% | +0% | −4% | −4% | +1% | +9% | +14% | +15% |
| EBITDA margin | 29.5% | 28.8% | 27.2% | 27.9% | 26.3% | 22.9% | 21.0% | 21.0% | 23.3% | 24.6% | 21.2% | 21.9% |
| Other income, % of PBT | 13% | 13% | 13% | 21% | 16% | 19% | 19% | 23% | −34% | 19% | 18% | 15% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 25% | 25% | 27% | 23% | 22% | 22% | 26% | 28% | 26% | 18% | 27% | 29% |
| Net profit | ₹206 cr | ₹197 cr | ₹184 cr | ₹229 cr | ₹199 cr | ₹172 cr | ₹144 cr | ₹155 cr | ₹109 cr | ₹220 cr | ₹171 cr | ₹170 cr |
| YoY | — | — | — | +15% | −3% | −13% | −22% | −32% | −45% | +28% | +19% | +10% |
| Core profit YoY | — | — | — | +1% | −10% | −22% | −28% | −29% | −9% | +22% | +21% | +23% |
| EPS | ₹33.15 | ₹31.62 | ₹29.56 | ₹36.84 | ₹31.95 | ₹27.68 | ₹23.18 | ₹24.85 | ₹17.48 | ₹35.37 | ₹27.38 | ₹27.33 |
| Flags | · | · | · | ✓ | 1 | 2 | 1 | 1 | 2 | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Tata Elxsi Ltd. reported revenue of ₹955 cr (+8.3% on the year) and net profit of ₹229 cr (+14.5% on the year) for July to September 2024.
Profit before other income, exceptional items and tax moved +0.9% on the year, against +14.5% for reported profit.
None of the 7 checks that could run raised a question.
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