NSEPress Release14 Jul 2026 · 14 Jul 2026, 06:27 pm
Press Release
Tata Elxsi Limited · TATAELXSI
✦ AI Summary▲ PositiveResults
Tata Elxsi Limited has reported a steady growth of 2.8% QoQ and 14.5% YoY in Q1 FY27, with operating revenue of Rs. 1,021.1 Cr. The company's Transportation business reported a growth of 13.3% YoY, driven by accelerated OEM engagements and strategic wins in the off-road and aerospace segments. The Media & Communications business delivered another strong quarter, growing 22.2% YoY through continued ramp-up of key engagements and expanded programs with global operators, broadcasters, and device OEMs.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Tata Elxsi Limited has informed the Exchange regarding a press release dated July 14, 2026, titled "Tata Elxsi delivers steady growth at 2.8% QoQ and 14.5% YoY in Q1 FY27".
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July 14, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1, Block G
Dalal Street Bandra – Kurla Complex Bandra (East)
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 500408 NSE Symbol: TATAELXSI
Dear Sirs/Madam,
Sub: Press Release for Q1 FY27 Financial Results
Please find enclosed the Press Release on Q1 FY27 Financial Results dated July 14, 2026, titled,
“Tata Elxsi delivers steady growth at 2.8% QoQ and 14.5% YoY in Q1 FY27”.
The aforesaid disclosure is also available on the Company’s website at www.tataelxsi.com.
This is for your information and records.
Thanking you,
Yours faithfully,
For Tata Elxsi Limited
Sneha V
Company Secretary & Compliance Officer
Encl: As above
Tata Elxsi delivers steady growth at 2.8% QoQ and 14.5% YoY in Q1 FY27
Growth powered by Transportation (13.3% YoY) and Media & Communication ( 22.2% YoY)
Bangalore, July 14, 2026: Tata Elxsi (BSE: 500408 | NSE: TATAELXSI), amongst the world’s leading providers of
design led technology services, announced its first quarter results for the period ending 30th June 2026.
For the first quarter of financial year 2026-27, the company reported operating revenue of Rs. 1,021.1 Cr.,
reporting a growth of 2.8% over the previous quarter.
Highlights of the Quarter Ended 30th June 2026:
• Revenues from operations at Rs. 1,021.1 Cr.; growing 2.8% QoQ and 14.5% YoY
• EBITDA at 216.0 Cr, growing 15.7% YoY; EBITDA Margin at 21.2%
• Profit Before Tax (PBT) at Rs. 232.5 Cr, growing 18.4% YoY; PBT Margin at 21.9%
• Profit After Tax (PAT) at Rs. 170.6 Cr, growing 18.2% YoY; PAT Margin at 16.1%
Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance
in the first quarter of FY’27, said:
“For the quarter, Tata Elxsi delivered a healthy performance with growth in our two primary verticals,
supported by strong deal execution and continued momentum in large strategic engagements. We also
crossed a key milestone of reporting operating revenue of more than Rs. 1,000 crores in the current quarter.
The performance in the quarter reflects the strength and increasing relevance of our design-led and AI-
enabled engineering capabilities in our chosen industries.
Our Transportation business reported a growth of 13.3% YoY, driven by accelerated OEM engagements and
strategic wins in the off-road and aerospace segments. We are scaling our offerings and capabilities to help
Auto OEMs pivot to a connected, multi-powertrain and AI powered mobility, with OEM revenues now
constituting 78% of our automotive revenues.
We are delighted with the partnership with JSW Motors to establish JNEXT – JSW NextGen Technology
Centre as a strategic hub for next-generation software defined, AI-powered mobility solutions. This
partnership is a testament to our world-class capabilities and proposition for enabling a technology-led,
new-energy mobility ecosystem in India.
In Media & Communications, we delivered another strong quarter, growing 22.2% YoY through continued
ramp-up of key engagements and expanded programs with global operators, broadcasters and device OEMs.
Our Domain + AI approach enabled a strategic Gen AI powered transformation and managed services deal
win for a large-scale AdTech ecosystem in the US. This program delivers end-to-end application support and
phased modernization of legacy systems with a Gen AI powered SDLC process, enabling tangible outcomes in
legacy modernisation, future service efficiency and platform reliability.
I am delighted with the major milestone for our Neuron platform portfolio, enabling Sky in Europe to
transition toward autonomous network operations by combining AI-driven automation with inventory-led
network intelligence, delivering measurable efficiency and agility ranging from 30-70% across key
parameters.
Our Healthcare and Life Sciences business reported a growth of 1.7% QoQ, amidst a muted business
environment for the healthcare industry. We are investing in pivoting to an AI-first, design-led, and
regulatory-aware engineering approach in this business, partnering with leading AI companies across the
world. In this quarter, we announced the launch of a Gen AI powered material intelligence platform ViTEL,
and an AI-native Software Development platform for medtech and healthcare, AnaTEL.
I am delighted with our first strategic deal for ViTEL with a global medtech company to deliver structured
material traceability and compliance across product, supplier, and material datasets.
Across verticals, we are gaining traction with our platform-enabled offerings to help customers accelerate
their strategic roadmaps of integrating AI into their workflows, products and customer experience.
FY27 marks a year of future focus for the company, as we prepare and equip ourselves for a world reshaped
by AI. We are making targeted investments in specialized talent, AI powered platforms, tools and
infrastructure, to pivot to a Domain + AI future. These investments are enhancing customer value creation
with tangible outcomes, and opening new avenues for growth and positioning us for the year and decade
ahead.
We are well positioned to address the strategic priorities of our customers in our chosen verticals—
connected, intelligent and software-defined products, digital transformation, AI-powered efficiencies and
customer experience, and engineering modernization.
We are firmly focussed on sustainable growth, deepening our engagements with key customers and
positioning ourselves to shape and win strategic long-term deals and add marquee customers, even as we
protect and improve upon our industry-leading margins.”
About Tata Elxsi
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries
including Automotive, Broadcast, Communications, Healthcare and Transportation.
Tata Elxsi is helping customers reimagine their products and services through design thinking and thoughtful
application of AI and digital technologies. For more information, please visit www.tataelxsi.com
Media Contact
Tata Elxsi
Hari Balan
Corporate Communications
+91 80 2297 9123; Email: media@tataelxsi.com