# Tata Elxsi (TATAELXSI) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/tataelxsi

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹3,855
- Change: -1.66%
- As of: 2026-11-06
- 1D return: -1.66%
- 5D return: +1.72%
- 1M return: +28.67%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

TATAELXSI (₹3,855) exhibits a sharp short-term rebound within a broader downtrend. On the daily chart, price sits above the 20- and 50-period moving averages and Supertrend, with an ADX of 30.9 indicating established trend strength. This aligns with a +24.6% monthly return and recent bullish candlestick formations like the Morning Star. However, this short-term momentum conflicts with the monthly structure, where price remains below all major moving averages and the Supertrend is bearish, despite strong monthly trend conviction (ADX 47.33). The stock is trading near the upper end of its 20-day (+88.2%) and 50-day (+88.4%) ranges, suggesting limited immediate upside room before resistance at ₹3,889 (pivot) and ₹3,983 (high). Risk remains elevated with a current drawdown of -42.8% from available highs and annualized volatility of +31.9%. A break above ₹3,983 could signal further short-term strength, while failure to hold above the 20-period EMA may invalidate the daily bullish setup.

- Daily trend is bullish (price above 20/50 EMA & Supertrend; ADX 30.9), contrasting with monthly bearish structure (price below key MAs & Supertrend).
- Price at ₹3,855 is near 20-day range high (+88.2%); nearest resistance at ₹3,889 (pivot, +0.89%) and ₹3,983 (high, +3.34%).
- Recent anomaly on 2026-10-30 showed high participation (volume ratio 2.24) but no clear directional follow-through.
- Risk metrics: Current drawdown -42.8%, max drawdown -55.6%, annualized volatility +31.9%; support at ₹3,825 (-0.76%) and ₹3,731 (-3.21%).

- Morning Star
- Harami
- Outside Bar
- Shooting Star
- Bullish Engulfing Reversal

### News Context

Tata Elxsi reported Q2 FY26-27 results on October 13, 2026, showing operating revenue of ₹1,055.7 crore (up 2.3% in constant currency) and EBITDA of ₹231.4 crore (up 19.7% year-on-year), achieving an EBITDA margin of 21.9%. Management attributed margin expansion to cross-currency benefits and operational leverage offsetting wage hikes, while noting growth across transportation, media & communication, and healthcare verticals. However, Europe remained soft due to delayed OEM decision-making. The company secured a multi-year cloud telematics deal with an automotive OEM, a collaboration with Sarla Aviation for eVTOL development, and a GenAI engagement with a global technology leader. Utilization stood at 78%, with management expressing confidence that H2 FY27 performance will exceed H1. Shareholding patterns as of September 30, 2026, show promoter and promoter group holding at 43.89% and public at 56.11%. As of November 6, 2026, the stock closed at ₹3,855.00, reflecting a YTD return of -26.0% and a current drawdown of -42.8% from its peak.

- Q2 FY26-27 EBITDA grew 19.7% YoY to ₹231.4 crore with a 21.9% margin, driven by currency benefits and operational leverage despite softness in Europe.
- New business wins include a multi-year cloud telematics deal with an automotive OEM, a Sarla Aviation eVTOL collaboration, and a GenAI engagement with a global tech leader.
- Promoter holding remains stable at 43.89% as of September 30, 2026, with public holding at 56.11%.
- Stock is down 26.0% YTD and 42.8% from its high, with daily technical indicators showing a bullish short-term trend but bearish monthly momentum.

- AS ON DATE : 30-Sep-2025 | PR_AND_PRGRP: 43.9 | PUBLIC_VAL: 56.1 | EMPTR: 0 | NDS_REVISED_STATUS: Revised | SUBMISSION_DT: 21-Oct-2025 | REVISION_DT: 28-Oct-2026
- Tata Elxsi Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Tata Elxsi Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
- AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 43.89 | PUBLIC_VAL: 56.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 16-Oct-2026 | REVISION_DT: -
- Tata Elxsi Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication

### What Changed

As of 6 November 2026, Tata Elxsi’s share price on the NSE is ₹3,855.00, reflecting a decline from the previous recorded level of ₹3,920.00. This marks a material change in the company's market valuation metrics compared to prior context. No new corporate filings or news developments were reported during this period.

- Price Update: The stock closed at ₹3,855.00 on 6 November 2026, down from ₹3,920.00.
- Market Context: Trading occurred on the NSE with no additional filings or news updates released.

### Official Filings

Tata Elxsi Limited reported financial results for Q2 FY27 (period ended September 30, 2026), highlighting a divergence between top-line growth and margin expansion. Operating revenue reached ₹1,055.7 crores, reflecting a 15% year-on-year increase and 3.4% quarter-on-quarter growth. Profitability metrics showed stronger momentum, with EBITDA rising 19.7% to ₹231.4 crores and the EBITDA margin improving by 70 basis points to 21.9%. Management attributed this operational leverage to cross-currency benefits and efficiency gains that offset annual wage hikes.

Strategically, the company secured new engagements in cloud telematics, eVTOL development with Sarla Aviation, and GenAI solutions. However, performance remained uneven across verticals; while transportation, media & communication, and healthcare drove growth, the Europe segment faced headwinds due to delayed OEM decision-making. Shareholding patterns as of September 30, 2026, indicate promoter and promoter group holding at 43.89%, with the public holding at 56.11%.

Additionally, the Board appointed statutory auditors and allotted equity shares during the period. These disclosures provide a snapshot of current profitability drivers and sector-specific risks but do not constitute investment advice.

- Q2 FY27 operating revenue grew 15% YoY to ₹1,055.7 crores, with EBITDA expanding 19.7% YoY to ₹231.4 crores.
- EBITDA margin improved by 70 basis points sequentially to 21.9%, driven by cross-currency benefits and operational leverage.
- Growth was broad-based in transportation, media & communication, and healthcare, while Europe remained soft due to delayed OEM decisions.
- Promoter and promoter group shareholding stood at 43.89% as of September 30, 2026.

- [AS ON DATE : 30-Sep-2025 | PR_AND_PRGRP: 43.9 | PUBLIC_VAL: 56.1 | EMPTR: 0 | NDS_REVISED_STATUS: Revised | SUBMISSION_DT: 21-Oct-2025 | REVISION_DT: 28-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1747634_28102026032740_WEB.xml)
- [Tata Elxsi Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TELNSE_19102026145522_Reg30Transcripts.pdf)
- [Tata Elxsi Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20261019_145725605.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 43.89 | PUBLIC_VAL: 56.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 16-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740023_16102026043243_WEB.xml)
- [Tata Elxsi Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TELNSE_14102026111526_NPAdvtSEFiling.pdf)
- [Tata Elxsi Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TELNSE_13102026173405_BMOutcome13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding appointment of Statutory Auditors of the Company. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175249_SEIntimationStatutoryAuditor.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Tata Elxsi delivers healthy revenue growth of 3.4% QoQ and 15% YoY in Q2 FY 27". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175717_SEintimationPR13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TELNSE_13102026180649_Reg30InvestorPresentation13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding 'Allotment of equty shares'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/TELNSE_13102026181909_PSOPAllotment.pdf)

### Fundamentals

Tata Elxsi’s operating trajectory shows a clear recovery in top-line growth, with revenue from operations rising to ₹1,055.66 crore in Q2 FY2026-27, up 15% year-on-year and sequentially higher than Q1’s ₹1,021.11 crore. Operating profit also improved sequentially to ₹239.10 crore from ₹232.46 crore. However, earnings quality faces pressure as net profit remained flat at approximately ₹170 crore across both quarters, resulting in a slight sequential decline in EPS from ₹27.38 to ₹27.34 per share. This divergence suggests margin compression or one-off costs offsetting operational gains.

Financial health remains robust with zero borrowings (₹143 crore reported as of Sep 2026 likely refers to other liabilities or is negligible relative to equity) and strong cash generation, evidenced by CFO/EBITDA conversion exceeding 100% in recent years. The balance sheet expanded, with total assets reaching ₹3,849.45 crore as of Sep 2026, driven by an increase in trade receivables to ₹1,071.17 crore. While working capital efficiency has deteriorated slightly (Debtor Days rose to 105 days), the company maintains a strong liquidity position with cash reserves growing to ₹162.03 crore. Shareholding patterns show stable promoter holding (~43.9%) but a notable reduction in FII stakes from 12.53% to 8.0%, while DIIs increased their exposure.

- Revenue grew 15% YoY in Q2 FY2026-27 to ₹1,055.66 crore, marking a return to double-digit growth after a contraction in the prior year.
- Net profit stagnated around ₹170 crore despite revenue growth, causing EPS to dip slightly to ₹27.34, indicating potential margin pressure.
- Balance sheet strength is evident with zero debt and cash holdings rising to ₹162.03 crore, though trade receivables increased to ₹1,071.17 crore.
- Foreign institutional investors reduced their stake significantly to 8.0% as of Sep 2026, while domestic institutions increased theirs to 9.98%.

### Bear Case

Tata Elxsi faces significant headwinds reflected in its technical setup and recent performance trajectory. As of November 6, 2026, the stock is trading at ₹3,855.00, down 1.7% from the previous close of ₹3,920.00, with a market capitalization of approximately ₹24,423.85 crore. The monthly trend indicator signals a bearish direction, contrasting with the daily bullish signal, suggesting underlying medium-term weakness despite short-term stability. Year-to-date returns stand at -26.0%, and the one-year return is -26.5%, indicating sustained underperformance over the past twelve months. The stock has experienced a maximum drawdown of -55.6%, with the current drawdown at -42.8%, highlighting substantial volatility and downside risk. Annualized volatility is high at +31.9%, and the Average True Range (ATR) percentage is 3.04%, reflecting active price swings. While near-term support exists around ₹3,825.67 (0.76% below), resistance is immediate at ₹3,889.33 (0.89% above). Investors should monitor the divergence between daily and monthly trends for potential breakdown signals.

- Monthly trend is bearish as of 2026-11-06, contrasting with the daily bullish signal, indicating medium-term pressure.
- Year-to-date return is -26.0% and one-year return is -26.5%, reflecting prolonged underperformance.
- Current drawdown is -42.8% against a maximum drawdown of -55.6%, with annualized volatility at +31.9%.
- Immediate resistance is at ₹3,889.33 (0.89% above), while support lies at ₹3,825.67 (0.76% below).

- [AS ON DATE : 30-Sep-2025 | PR_AND_PRGRP: 43.9 | PUBLIC_VAL: 56.1 | EMPTR: 0 | NDS_REVISED_STATUS: Revised | SUBMISSION_DT: 21-Oct-2025 | REVISION_DT: 28-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1747634_28102026032740_WEB.xml)
- [Tata Elxsi Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TELNSE_19102026145522_Reg30Transcripts.pdf)
- [Tata Elxsi Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20261019_145725605.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 43.89 | PUBLIC_VAL: 56.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 16-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740023_16102026043243_WEB.xml)
- [Tata Elxsi Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TELNSE_14102026111526_NPAdvtSEFiling.pdf)
- [Tata Elxsi Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TELNSE_13102026173405_BMOutcome13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding appointment of Statutory Auditors of the Company. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175249_SEIntimationStatutoryAuditor.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Tata Elxsi delivers healthy revenue growth of 3.4% QoQ and 15% YoY in Q2 FY 27". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175717_SEintimationPR13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TELNSE_13102026180649_Reg30InvestorPresentation13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding 'Allotment of equty shares'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/TELNSE_13102026181909_PSOPAllotment.pdf)

### FAQs

**What were the key financial results and margin trends in Q2 FY26-27?**

Tata Elxsi reported operating revenue of ₹1,055.7 crores (up 2.3% in constant currency) and EBITDA of ₹231.4 crores (up 19.7% year-on-year). The EBITDA margin improved to 21.9%, a 70 basis point sequential increase, driven by cross-currency benefits and operational leverage that offset annual wage hikes.

**How is the shareholding pattern structured as of September 2026?**

As of 30-Sep-2026, promoters and promoter group hold 43.89% of shares, while the public holds 56.11%. There are no equity shares with differential voting rights for any shareholder category, and employee trust holdings remain at 0%.

**What is the current technical price structure and trend direction?**

The stock closed at ₹3,855.0 on 06-Nov-2026, trading between support at ₹3,825.67 and resistance at ₹3,889.33. Daily and weekly technical indicators show a bullish supertrend direction, though the monthly trend remains bearish. The stock has declined 26.5% over the past year despite a 24.6% gain in the last month.

- [AS ON DATE : 30-Sep-2025 | PR_AND_PRGRP: 43.9 | PUBLIC_VAL: 56.1 | EMPTR: 0 | NDS_REVISED_STATUS: Revised | SUBMISSION_DT: 21-Oct-2025 | REVISION_DT: 28-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1747634_28102026032740_WEB.xml)
- [Tata Elxsi Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TELNSE_19102026145522_Reg30Transcripts.pdf)
- [Tata Elxsi Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20261019_145725605.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 43.89 | PUBLIC_VAL: 56.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 16-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740023_16102026043243_WEB.xml)
- [Tata Elxsi Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TELNSE_14102026111526_NPAdvtSEFiling.pdf)
- [Tata Elxsi Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TELNSE_13102026173405_BMOutcome13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding appointment of Statutory Auditors of the Company. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175249_SEIntimationStatutoryAuditor.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Tata Elxsi delivers healthy revenue growth of 3.4% QoQ and 15% YoY in Q2 FY 27". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175717_SEintimationPR13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TELNSE_13102026180649_Reg30InvestorPresentation13102026.pdf)
- [Tata Elxsi Limited has informed the Exchange regarding 'Allotment of equty shares'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/TELNSE_13102026181909_PSOPAllotment.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹3,889.33
- Risk regime: Higher Price Risk

### Support levels
- 3684
- 3618.3374999999996
- 3469.7

### Resistance levels
- 4157
- 4542.8
- 5635.3328125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.66% |
| return_10 | +4.19% |
| return_1m | +24.64% |
| return_1y | -26.47% |
| return_20 | +28.67% |
| return_3m | +3.77% |
| return_5 | +1.72% |
| return_6m | -9.96% |
| return_since_start | -42.84% |
| return_ytd | -26.03% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -55.57% |
| annualized_volatility | +31.87% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Tata Elxsi Q2 FY2026-27: Revenue Reaches a New High; Profit Is Flat Sequentially

Tata Elxsi reported standalone revenue from operations of ₹1,055.66 crore for the quarter ended 30 September 2026, a quarterly high and 3.4% above the June quarter. Revenue was up 15.0% year on year, compared with ₹918.10 crore in the September 2025 quarter. Profit after tax was ₹170.30 crore, almost unchanged sequentially, as tax expense rose faster than pre-tax profit.

## Revenue Momentum

Revenue from operations has increased in each of the past five quarters, from ₹918.10 crore in September 2025 to ₹1,055.66 crore in September 2026. Total income, including other income of ₹34.91 crore, was ₹1,090.57 crore, up 2.6% quarter on quarter and 12.8% year on year from ₹966.98 crore.

## Costs and Pre-Tax Profit

Total expenses rose 2.6% sequentially to ₹851.47 crore and 13.2% year on year from ₹752.26 crore. Employee benefit expense was ₹620.10 crore, the largest reported expense item. Pre-tax profit increased 2.9% sequentially to ₹239.10 crore and was 11.4% higher than the ₹214.72 crore reported in September 2025.

## Tax and Earnings

Tax expense increased 11.2% sequentially to ₹68.80 crore, outpacing the rise in pre-tax profit. Current tax was ₹71.41 crore, up 24.4% from the June quarter, while deferred tax was a credit of ₹2.61 crore, compared with a charge of ₹4.43 crore in Q1. Profit after tax consequently edged down 0.2% sequentially to ₹170.30 crore. It was 10.0% above the ₹154.82 crore reported a year earlier.

Basic and diluted earnings per share were ₹27.34, compared with ₹27.38 in Q1 and ₹24.85 in the September 2025 quarter.

## Balance Sheet and Liquidity

At 30 September 2026, cash and cash equivalents stood at ₹162.03 crore, down from ₹194.52 crore at 30 June. Bank balances other than cash were ₹1,452.92 crore, compared with ₹1,474.11 crore. Trade receivables were ₹1,071.17 crore, slightly below ₹1,079.37 crore at the end of June.

Current liabilities increased to ₹787.64 crore from ₹756.99 crore, while trade payables rose to ₹166.96 crore from ₹120.35 crore. Equity was ₹2,912.79 crore, down from ₹3,041.34 crore at the end of June.

## Management Commentary

Management said revenue grew 3.4% sequentially in rupee terms but 2.3% in constant currency, indicating that currency movements contributed part of the reported increase. CEO Manoj Raghavan described the growth as broad-based across the Transportation, Media & Communications, and Healthcare & Life Sciences verticals, which grew 2.0%, 3.4% and 3.5% quarter on quarter in constant currency, respectively. He also said management expects growth to be sustained in the second half of the financial year, while continuing to invest in AI-first offerings.

## Key Takeaway
The quarter combined record revenue with solid year-on-year growth: revenue from operations rose 15.0% and total income 12.8%. Pre-tax profit also grew year on year, but the higher sequential tax charge left profit after tax essentially flat against Q1. Lower cash balances and higher current liabilities, particularly trade payables, are notable balance-sheet movements alongside the continued top-line expansion.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +43.90%
- FII holding: +9.85%
- DII holding: +11.03%
- Mutual fund holding: +1.11%
- Retail holding: +29.74%
- Promoter pledged: +0.00%

### Major reported shareholders

- Tata Sons Private Limited — +42.21% (Bodies Corporate)
- Life Insurance Corporation Of India — +6.59%
- Tata Investment Corporation Limited — +1.69% (Bodies Corporate)
- General Insurance Corporation Of India — +1.22%

## Official filings

- 2026-11-07 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_07112026180736_Reg30NewspaperPublication_07112026.pdf)
- 2026-10-28 — Shareholding Disclosure: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1747634_28102026032740_WEB.xml)
- 2026-10-19 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_19102026145522_Reg30Transcripts.pdf)
- 2026-10-19 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20261019_145725605.xml)
- 2026-10-16 — Shareholding Disclosure: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740023_16102026043243_WEB.xml)
- 2026-10-14 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_14102026111526_NPAdvtSEFiling.pdf)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026173405_BMOutcome13102026.pdf)
- 2026-10-13 — Management Change: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175249_SEIntimationStatutoryAuditor.pdf)
- 2026-10-13 — Press Release: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026175717_SEintimationPR13102026.pdf)
- 2026-10-13 — Earnings Presentation: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026180649_Reg30InvestorPresentation13102026.pdf)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026181909_PSOPAllotment.pdf)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026182411_SEIntimationStatutoryAuditor.pdf)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_368_WebXMLFile_20261013_184426865.xml)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_368_WebXMLFile_20261013_185623864.xml)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_13102026203825_AudioRecording13102026.pdf)
- 2026-10-13 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20261013_204030556.xml)
- 2026-10-13 — Financial Results Filing: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1737319_13102026094213_WEB.xml)
- 2026-10-07 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_07102026181621_Reg74Certificate.pdf)
- 2026-10-06 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_368_WebXMLFile_20261006_170043853.xml)
- 2026-10-06 — Board Meeting Notice: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_06102026165148_Board_Meeting_Initmation.pdf)
- 2026-10-06 — Board Meeting Notice: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_368_WebXMLFile_20261006_170043853.xml)
- 2026-10-06 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20261006_171311713.xml)
- 2026-09-18 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TELNSE_18092026161016_SEintimationClosureofTradingWindow.pdf)
- 2026-09-18 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_368_WebXMLFile_20260918_161438313.xml)
- 2026-09-17 — Generic Announcement: Tata Elxsi Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_368_WebXMLFile_20260917_150159328.xml)

## News and market events

- 2026-10-29 — MONEYCONTROL: **Google parent Alphabet shares crash 13% as weak ad sales raise concerns over Google’s AI spending** — Shares of major Indian IT services providers including Infosys, HCL Technologies, and Tata Elxsi declined in Mumbai trading on October 29, 2026, amid concerns over a potential US government shutdown. Defence and infrastructure stocks such as Bharat Electronics, Larsen & Toubro, and HAL also saw modest losses linked to the same geopolitical uncertainty. — [Source](https://www.moneycontrol.com/world/google-parent-alphabet-shares-crash-13-as-weak-ad-sales-raise-concerns-over-google-s-ai-spending-article-14063739.html)
- 2026-10-23 — Mint: **Top stocks to buy: IT stocks soar! TCS, Infosys, HCL Tech, Wipro - Nifty IT up over 3% today, jumps 22% from July low** — Indian IT stocks rallied after stronger-than-expected September-quarter results eased concerns about demand and AI disruption. The Nifty IT index rose as much as 3.3%, though analysts say sustained gains depend on revenue growth, earnings delivery and AI spending.  — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-buy-it-stocks-soar-tcs-infosys-hcl-tech-wipro-nifty-it-up-over-3-today-jumps-22-from-july-low-11792729456440.html)
- 2026-10-14 — CNBC-TV18: **11:11 | CNBC-TV18 Exclusive with Blackstone, Pope Leo diagnosed with cancer, Tata Elxsi, and more** — Aegis Logistics plans to acquire 89.9 percent of Tristar Holdings for $809 million. Meanwhile, the US fined Bank of America $1.2 billion over money laundering violations. — [Source](https://www.cnbctv18.com/business/1111-cnbc-tv18-exclusive-with-blackstone-pope-leo-diagnosed-with-cancer-tata-elxsi-and-more-20011342.htm)
- 2026-10-14 — BUSINESSTODAY: **Tata Elxsi shares jump 8% after Q2 results; 'Sell' stock, says 5 analysts; target prices** — Tata Elxsi shares, Tata Elxsi share price, Tata Elxsi news, Tata Elxsi target prices, Tata Elxsi price targets — [Source](https://www.businesstoday.in/markets/stocks/story/tata-elxsi-shares-jump-8-after-q2-results-sell-stock-says-5-analysts-target-prices-561430-2026-10-14)
- 2026-10-13 — FREEPRESSJOURNAL.IN: **Tata Elxsi Q2 FY27 Results: Net Profit Rises 10% To ₹170.30 Crore; Revenue Jumps 15%** — Tata Elxsi Q2 FY27 net profit rises 10 percent YoY to Rs 170.30 crore, while revenue jumps 15 percent to Rs 1,055.66 crore. Sequential profit slips 0.2 percent despite revenue growth. — [Source](https://www.freepressjournal.in/business/tata-elxsi-q2-fy27-results-net-profit-rises-10-to-17030-crore-revenue-jumps-15)
- 2026-10-07 — BUSINESSTODAY: **KPIT Tech, Tata Elxsi, LTTS, Tata Tech: Share price targets for ER&D stocks, top pick** — KPIT Tech share price, Tata Elxsi share price, LTTS share price, Tata Tech share price, ER&D stocks, stocks to buy, top stock pick — [Source](https://www.businesstoday.in/markets/stocks/story/kpit-tech-tata-elxsi-ltts-tata-tech-share-price-targets-for-erd-stocks-top-pick-560067-2026-10-07)
- 2026-10-07 — Mint: **Retail investors chased small-caps. Now they’re nursing losses** — Small-cap stocks with the highest retail shareholding have performed poorly compared with those with the highest mutual fund shareholding — [Source](https://www.livemint.com/market/stock-market-news/retail-investors-chased-small-caps-now-they-re-nursing-losses-11791263994165.html)
- 2026-10-05 — MONEYCONTROL: **Physical AI is happening now, but the frontier remains wide, says Tata Elxsi** — Physical AI, Tata Elxsi — [Source](https://www.moneycontrol.com/technology/physical-ai-is-happening-now-but-the-frontier-remains-wide-says-tata-elxsi-article-14044778.html)
- 2026-10-05 — Mint: **TCS, HCL Tech to Mphasis: IT stocks to add in portfolio ahead of Q2 results | Check target price, upside, preview** — IT stocks to buy: The brokerage’s recommendations point to a mixed but potentially attractive setup across Indian IT stocks. — [Source](https://www.livemint.com/market/stock-market-news/tcs-hcl-tech-to-mphasis-it-stocks-to-add-in-portfolio-ahead-of-q2-results-check-target-price-upside-preview-11791182199262.html)
- 2026-09-30 — BUSINESSTODAY: **ICICI Securities sees recovery in ER&D stocks in Q2; Tata Tech, Netweb, IKS, Cyient among top picks** — Indian ER&D stocks, engineering research and development stocks, ER&D stocks, ER&D Q2FY27, Indian engineering stocks, ICICI Securities Q2FY27 preview, Tata Technologies Q2FY27, Cyient Q2FY27, L&T Technology Services Q2FY27, Tata Elxsi Q2FY27, KPIT Technologies Q2FY27, Tata Technologies stock, Cyient stock, LTTS stock, aerospace defence stocks India, semiconductor stocks India, best ER&D stocks to watch in Q2FY27, ICICI Securities top ER&D stock picks, Tata Technologies Cyient top picks, Indian ER&D stocks Q2FY27 expectations, engineering research and development sector outlook FY27 — [Source](https://www.businesstoday.in/markets/trending-stocks/story/icici-securities-sees-recovery-in-erd-stocks-in-q2-tata-tech-netweb-iks-cyient-among-top-picks-558802-2026-09-30)
- 2026-09-29 — BUSINESSTODAY: **Infosys, KPIT Tech, Wipro, Tata Elxsi: IT stocks hit 52-week lows; here are fresh price targets** — Infosys, KPIT Tech, Wipro, Tata Elxsi, IT stocks hit 52-week lows; IT stocks price targets — [Source](https://www.businesstoday.in/markets/trending-stocks/story/infosys-kpit-tech-wipro-tata-elxsi-it-stocks-hit-52-week-lows-here-are-fresh-price-targets-558581-2026-09-29)
- 2026-09-29 — BUSINESS: **Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows** — The Nifty IT index has underperformed in September, falling over 11%, as against a 6% decline in the Nifty 50. — [Source](https://www.business-standard.com/markets/news/nifty-it-cracks-11-in-sept-infy-wipro-tata-elxsi-trade-at-52-week-lows-126092900530_1.html)
- 2026-09-28 — CNBC-TV18: **ESDS Software shares in 5% lower circuit for second straight day - Here's why the stock is falling** — Choice Broking now expects ESDS to report revenue of ₹1,876 crore in financial year 2027, compared to its earlier estimate of ₹2,263 crore. The management also did not give any guidance for the current or the next financial year. — [Source](https://www.cnbctv18.com/market/esds-software-solutions-share-price-why-is-the-stock-falling-q1-results-one-offs-non-disclosure-guidance-19999742.htm)
- 2026-09-25 — CNBC-TV18: **ESDS Software Solutions shares in 5% lower circuit after Q1 profit more than halves, revenue down 20%** — At a market capitalisation of around ₹21,700 crore, ESDS Software is now valued above several established technology companies, including Tata Elxsi, which has a market capitalisation of around ₹20,000 crore based on recent market levels. — [Source](https://www.cnbctv18.com/market/esds-software-solutions-share-price-in-lower-circuit-q1-results-profit-more-than-halves-revenue-down-20-19998303.htm)
- 2026-09-23 — The Hindu: **Limits of the casting vote at Tata Sons** — Tata Sons vs Tata Trusts: A mutual settlement is preferred to a lengthy litigation, which could spiral into uncertainty about the group’s leadership — [Source](https://www.thehindu.com/opinion/op-ed/limits-of-the-casting-vote-at-tata-sons/article71501259.ece)
- 2026-09-22 — BUSINESS: **Mindteck (India) Ltd Falls 5.27%** — Mindteck (India) Ltd has lost 12.18% over last one month compared to 6% fall in BSE Information Technology index and 3.4% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/mindteck-india-ltd-falls-5-27-126092200194_1.html)
- 2026-09-20 — NEWS.WEBINDIA123.COM: **Unthinkable to divorce Tata Trusts and Tata Sons", says Senior SC Advocate Abhishek Manu Singhvi** — Terming any move to rupture the century-old hyphenated relationship between Tata Trusts and Tata Sons as an untenable step in the ongoing dispute, Senior Supreme Court Advocate Abhishek Manu Singhvi noted that the answer will be in the courts who alone can find solutions. — [Source](https://news.webindia123.com/news/articles/business/20260920/4501005.html)
- 2026-09-19 — Economic Times: **Assam CM Himanta Biswa Sarma attends conference on 'Financing India's journey towards Viksit Bharat'** — Assam Chief Minister Himanta Biswa Sarma attended the Centres conference on financing Indias Viksit Bharat 2047 agenda in New Delhi, where discussions focused on public investment, private capital mobilisation, fiscal discipline and Centre-State coordination. Assams priorities included agricultural transformation, renewable energy and macroeconomic growth. — [Source](https://economictimes.indiatimes.com/news/india/assam-cm-himanta-biswa-sarma-attends-conference-on-financing-indias-journey-towards-viksit-bharat/articleshow/134350474.cms)
- 2026-09-19 — FREEPRESSJOURNAL.IN: **Tata Group Stocks Lose ₹39,000 Crore Market Value As Tata Sons Deadlock Intensifies** — Tata group stocks lost nearly ₹39,000 crore in market capitalisation after differences emerged at the Tata Sons board meeting over N Chandrasekaran’s reappointment. Tata Trusts Chairman Noel Tata called the decision “illegal”, while SP Group backed Tata Sons’ listing. TCS, Tata Chemicals and other group stocks witnessed sharp declines — [Source](https://www.freepressjournal.in/business/tata-group-stocks-lose-39000-crore-market-value-as-tata-sons-deadlock-intensifies)
- 2026-09-18 — MONEYCONTROL: **Tata group shares lose up to Rs 40,000 crore amid Tata Sons listing row; how you should trade these three stocks** — tcs share price today, tcs share price target, Tata Chemicals shares today news, Tata Motors Passenger Vehicles shares, tata group stocks today — [Source](https://www.moneycontrol.com/news/business/markets/tata-group-shares-lose-up-to-rs-40-000-crore-amid-tata-sons-listing-row-how-you-should-trade-these-three-stocks-14033082.html)
- 2026-09-18 — Mint: **Tata Group stocks shed $3.2 billion in market cap amid Tata Sons rift** — By noon, about $3.16 billion had been chipped off the combined market cap of listed Tata Group companies, versus about $268.5 billion at Thursday's close. — [Source](https://www.livemint.com/market/stock-market-news/tata-group-stocks-shed-3-2-billion-in-market-cap-amid-tata-sons-rift-11789717385957.html)
- 2026-09-18 — The Hindu: **Shapoorji Pallonji Group backs Tata Sons listing; Tata Group stocks fall** — Shapoorji Pallonji Group supports Tata Sons' potential listing, proposing to sell a stake worth at least ₹25,000 crore. — [Source](https://www.thehindu.com/business/industry/shapoorji-pallonji-group-backs-tata-sons-listing-tata-group-stocks-fall/article71479468.ece)
- 2026-09-18 — The Hindu: **Tata Group stocks fall after SP Group unveils ₹25,000 crore stake sale plan** — As of 9:40 am, Tata ‌Chemicals tumbled as much as ‌7.8%, ⁠while Tata Investment ⁠Corporation fell 3.9%. Tata Motors Passenger Vehicles dropped 2.6% and Tata Power lost 1.4%. — [Source](https://www.thehindubusinessline.com/markets/tata-group-stocks-fall-after-sp-group-unveils-25000-crore-stake-sale-plan/article71479408.ece)
- 2026-09-18 — Economic Times: **TCS, Tata Chemicals, other Tata stocks tumble up to 8% as Tata Trusts calls Chandrasekaran’s tenure extension illegal** — Tata stocks took a notable hit following the declaration by Tata Trusts that Chandrasekaran's reappointment was illegal. The Reserve Bank of India also denied Tata Sons' plea to maintain private status. With Tata Trusts holding a majority of shares and opposing the IPO, Noel Tata has proposed looking into structural alternatives to appease the regulator. The upcoming Annual General Meeting is now critical for Chandrasekaran's role on the board. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/tcs-tata-group-stocks-in-focus-as-chandrasekaran-gets-tenure-extension-tata-trusts-call-it-illegal/articleshow/134325302.cms)
- 2026-09-18 — Mint: **TCS, HCL Tech, Tata Elxsi, Route Mobile to Tech Mahindra: IT stocks dip up to 3% | Here's why** — Stock market today: Indian IT stocks are under pressure during the early morning session on Friday — [Source](https://www.livemint.com/market/stock-market-news/tcs-hcl-tech-tata-elxsi-route-mobile-to-tech-mahindra-it-stocks-dip-up-to-3-heres-why-11789704607651.html)

## Business profile

**Strategic vision:** Design-led technology and engineering services for product innovation.

### Business segments
- **Transportation / Automotive:** Provides cross-disciplinary engineering, design, and digital services for automotive OEMs and Tier-1 suppliers across the product lifecycle, including CASE themes and vehicle systems.
- **Media & Communications:** Offers services for broadcasters, media platforms, and telecom operators, focusing on content and experience design, digital media platforms, and network transformation.
- **Healthcare & Life Sciences:** Supports medtech and digital health programs with device and software engineering, AI-assisted workflows, regulatory-compliant development, and connected devices.
- **Cross-Industry Digital:** Provides cross-industry digital services including cloud architectures, AI analytics, and XR collaboration platforms that feed into all vertical segments.

### Competitive strengths
- Design-led engineering research and development (ER&D) support model.
- Integration of domain expertise with digital technologies like AI and cloud.
- Reusable platforms and productised engineering assets across client programs.
- Long-term client relationships anchored by dedicated centers and labs.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/tataelxsi
Markdown representation: https://faxioms.com/stocks/tataelxsi?render=md