Please find enclosed Press Release dated April 21, 2026 titled "Tata Elxsi operating revenue at Rs. 993.8 Cr, registers healthy growth of 4.2% QoQ."
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 21 Apr 2026, 06:35 PM IST · BSE ID: b317b905-16c6-4373-a3de-7d0129525472
View Original BSE Filing (PDF)
⚡ Quick Answer
Tata Elxsi Ltd reported operating revenue of Rs. 993.8 Cr for Q4 FY26, a 4.2% increase quarter-on-quarter. The company achieved a Profit Before Tax of Rs. 267.8 Cr, with a margin of 25.6%. Full-year FY26 revenue stood at Rs. 3,757.4 Cr. The board recommended a final dividend of 750% or Rs. 75 per share.
💡
In Simple Terms
Tata Elxsi's profits grew strongly this quarter—operating revenue Rs. 993.8 Cr with PBT margin at 25.6%, and shareholders will receive Rs. 75 per share dividend.
🤖 AI Summary
- Q4 FY26 operating revenue Rs. 993.8 Cr, 4.2% QoQ growth; full year Rs. 3,757.4 Cr
- PBT Rs. 267.8 Cr at 25.6% margin; 10.7% QoQ and 20.9% YoY growth
- PAT Rs. 220.4 Cr at 21.1% margin; 23.1% QoQ and 27.8% YoY growth
- Board recommended final dividend 750% (Rs. 75 per equity share of Rs. 10 par value)
- Media & Communications 32.7% of revenue, 5.6% QoQ growth; Transportation won multi-year SDV deals
🔢 Key Numbers — exact figures from BSE filing, not rounded
Q4 FY26 Operating Revenue
Rs. 993.8 Cr
Full Year FY26 Revenue
Rs. 3,757.4 Cr
Q4 FY26 Profit Before Tax
Rs. 267.8 Cr
10.7% QoQ, 20.9% YoY
Q4 FY26 Profit After Tax
Rs. 220.4 Cr
23.1% QoQ, 27.8% YoY
EBITDA Q4 FY26
Rs. 244.6 Cr
10.0% QoQ
EBITDA Margin Q4 FY26
24.6%
QoQ Revenue Growth Q4 FY26
4.2%
Full Year FY26 PBT Margin
23.4%
Final Dividend Recommended
750% (Rs. 75 per equity share)
Media & Communications Revenue %
32.7% of Q4 revenue
5.6% QoQ constant currency
Transportation OEM Business %
77% of segment revenue
🏢 How This Affects the Company
Media & Communications segment achieved 5.6% QoQ constant currency growth driven by AdTech deal and Tier 1 US Telco win. Transportation segment consolidated after Q3 strength but secured two strategic multi-year deals—APAC new-age OEM and US next-generation mobility services company. OEM business now represents 77% of transportation revenues, confirming SDV and OEM business pivot. MedTech segment expanded with new offshore development centre launch for Terumo.
PBT margin expanded to 25.6% in Q4 FY26 from implied ~23.4% in Q3 FY26, reflecting disciplined cost management and operational efficiency. Full year PBT margin of 23.4% signals sustained profitability. EBITDA margin maintained at 24.6% with 10.0% QoQ growth. PAT growth of 27.8% YoY demonstrates strong bottom-line expansion.
Company accelerated enterprise-wide GenAI adoption with DevStudio.ai launch and partnerships with leading AI companies. Established multi-disciplinary offshore development centre for Terumo combining design, engineering, software with AI/GenAI technologies. Execution discipline and productivity gains from AI-enabled efficiencies contributed to consistent margin improvement through FY26.
Operating revenue growth of 4.2% QoQ is moderate and reflects consolidation in Transportation segment after prior quarter's 7.3% QoQ growth, indicating potential sector cyclicality or project timing variability. Dependency on large deal ramps requires sustained customer spending.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must vote on final dividend of 750% (Rs. 75 per equity share) at upcoming Annual General Meeting for approval to receive payment.
👤
Who Is Affected
All equity shareholders on record date receive Rs. 75 per share of par value Rs. 10 held, subject to AGM approval. Dividend amount represents Rs. 75 per share.
🔍
Management Signal
Board's 750% dividend recommendation and sustained 20%+ PBT margin growth signal confidence in cash generation and disciplined capital allocation despite moderate near-term revenue growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM approval for 750% final dividend; track ex-date and record date for Rs. 75 per share payment
Q1 FY27 results—verify if revenue sustains above Rs. 950 Cr and PBT margin maintains above 23%
New deal ramp-ups in SDV and AdTech segments; monitor if Transportation growth re-accelerates post consolidation
LOW RISK
Sustained profitability with 25.6% PBT margin, diversified segment revenue (Media 32.7%, Transportation with OEM 77%), and strong deal pipeline reduce earnings volatility. Moderate revenue growth rate is only operational watch point.
💡 Investor Takeaway
Tata Elxsi delivered Q4 FY26 revenue Rs. 993.8 Cr with PBT margin 25.6% and PAT growth 27.8% YoY. Transportation segment OEM business reached 77% of segment revenue. Dividend recommended at 750% (Rs. 75 per share). Strategic wins in SDV, AdTech, and MedTech confirmed through Q4.
⚖️ Strengths & Concerns
✅ Positives
- PBT margin 25.6% in Q4 with 20.9% YoY growth; PAT margin 21.1%, up 27.8% YoY—strong profitability expansion
- Strategic multi-year wins in SDV, AdTech, MedTech confirm market positioning; OEM business 77% of Transportation revenue
⚠️ Concerns
- Q4 revenue growth 4.2% QoQ is modest; Transportation segment consolidated after 7.3% QoQ in Q3—growth deceleration
- Reliance on large deal ramps for growth traction; Q4 consolidation pattern signals execution/timing dependencies
📅 Company Track Record
Tata Elxsi ended FY26 with Rs. 3,757.4 Cr revenue and 23.4% PBT margin. Q4 saw PBT margin expansion to 25.6%, highest in quarter-level reported data. Company's margin expansion trajectory through FY26 reflects disciplined execution and GenAI-enabled productivity gains. Prior filing on same date noted Q4 strategic automotive wins confirming SDV positioning.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Tata Elxsi's operating revenue for Q4 FY26?
Tata Elxsi reported an operating revenue of Rs. 993.8 Cr for the fourth quarter of FY26.
How much did Tata Elxsi's profit before tax grow in Q4 FY26?
Tata Elxsi's Profit Before Tax reached Rs. 267.8 Cr in Q4 FY26, marking a 10.7% growth QoQ and 20.9% YoY.
What is Tata Elxsi's full-year revenue for FY26?
For the full fiscal year 2026, Tata Elxsi's revenue was Rs. 3,757.4 Cr.
What final dividend did Tata Elxsi's board recommend for FY26?
The board of Tata Elxsi recommended a final dividend of 750%, which translates to Rs. 75 per share for FY26.
Which segments drove Tata Elxsi's growth in Q4 FY26?
The Media & Communications segment grew 5.6% QoQ with wins in AdTech and Telco, while the Transportation segment secured two multi-year SDV/OEM deals.
Questions based on this BSE filing only. For information purposes.