Company Background :
Tata Elxsi is an Indian design company and a part of the Tata Group. It provides design and technology services for product engineering and solutions across industries including broadcast, communications, and automotive. It has various business units like broadcast, transport, communication, industrial design, and medical.
It has design studios, development centers, and offices worldwide. Tata Elxsi is a listed company and headquartered in Bangalore, India. Apart from Bangalore, it also has offices in Mumbai, Pune, Chennai, Trivandrum, Kolkata and Chandigarh.
Financial Performance :
Tata Elxsi Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 8450.29 Crore) operating in Information Technology sector.
Tata Elxsi Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 1201.01 Crore to Sales Value (97.40 % of Total Sales) and Traded Goods which contributed Rs 32.03 Crore to Sales Value (2.59 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 375.38 Crore, up 8.64 % from last quarter Sales of Rs 345.54 Crore and up 15.13 % from last year same quarter Sales of Rs 326.05 Crore Company has reported net profit after tax of Rs 70.29 Crore in latest quarter.
During the last 1 year the scrip has given following returns
1 year - 59%
3 months - 32%
1 month - 16%
1 week - 5%
Buy on declines and add to your long term portfolio. Do not plan to sell unless you have better investment options.
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