Tata Elxsi Limited · NSE:TATAELXSI
Tata Elxsi — Q3 FY24 Earnings Presentation
21 slides from Tata Elxsi's earnings presentation, Jan 23, 2024
Slide 1: Tata Elxsi Q3 FY24
a TATA TATA ELXSI Q3 FY24 234 January 2024
Slide 2: Message from the CEO and Managing Director
Manoj Raghavan CEO and MD, Tata Elxsi Message from the CEO and Managing Director “We are happy to report a healthy performance in the third quarter with a top-line growth of 3.7% QoQ and 11.8% YoY in a challenging and weak quarter for the industry. Our Healthcare & Lifesciences business executed str
Slide 3: Highlights - Q3 FY24
Highlights - Q3 FY24 Operating Revenue QoQ Growth of 3.7% and YoY Growth of 11.8% Profitability - EBITDA QoQ Growth of 2.5% and YoY Growth of 9.4% 914.2 817.7 881.7 270.1 263.6 | Q3'23 Q2'24 Q3'24 Q3'23 Q2'24 Q3'24 EPS People QoQ Growth of 3.2% and YoY Growth of 6.0% Net add of 350 Elxsians in the q
Slide 4: Financial Highlights Q3'24
fle Financial Highlights Q3’24 Revenue * Revenues from operations at Rs. 914.2 Cr, + 3.7% QoQ, + 11.8% YoY * Operating revenue growth +3.0% QoQ and +9.4% YoY on constant currency basis Profit * Operating Margin at 29.5%; Net Margin (PBT) at 28.9% * Profit Before Tax (PBT) at Rs. 274.1 Cr, +14.2% YoY
Slide 5: Key Deals
I ae —(e , Asian Automotive OEM Key Deals Design Digital deal from a leading Automotive OEM for the development of a next-gen HMI for infotainment and in-cockpit interface for their next generation range of vehicles * Design-led approach from research to design strategy, HMI design and implementatio
Slide 6: Elxsi Financial Summary - Q3 FY24
Tata Elxsi Financial Summary - Q3 FY24 Metrics Q3FY24 Q2FY24 QoQ Growth Q3FY23 YoY Growth Revenue a CR) Total Income EBITDA EBIT PBT 949.2 Margins (INR CR) 9.4% 8.5% 14.2% 270.1 244.7 2741 206.4 881.7 "912.8 263.6 238.5 4.0% 2.5% 836.9 246.9 2.6% 225.4 _ 263.9 3.9% 240.1 “200. O 3.2% 194.7 13.4% 6.0
Slide 7: Elxsi Financial Performance - Q3 FY24
Tata Elxsi Financial Performance - Q3 FY24 Operating Revenue YoY Growth of 11.8% Operating EBITDA & Margin (%) YoY Growth of 9.4% 914.2 817.7 8817 30.2% 29.9% 29.5% 0 270.1 263.6 iz Q3'23 Q2'24 Q3'24 Q3'23 Q2'24 Q3'24 PBT & Margin (%) PAT & Margin (%) YoY Growth of 14.2% YoY Growth of 6.0% 28.7% 28.
Slide 8: Revenue by Geography and Client Concentration
Revenue by Geography and Client Concentration Geo Mix Page| = Americas Top 5 44.5% 43.8% 38.4% Q3'23 Q2'24 Q3'24 Top 10 53.2% 48.0% 52.5% Q3'23 Q2'24 Q3'24 TATA ELXSI
Slide 9: Employee Metrics
Employee Metrics Headcount 13,221 12,871 12,286 11,864 11,607 Q3'23 Q4’23 Ql24 Q2'24 Q3'24 Attrition 18.4% 17.3% 15.6% 13.7% 12.9% Page |9 TATA ELXSI
Slide 10: Elxsi Segment Mix and Performance - Q3 FY24
Tata Elxsi Segment Mix and Performance - Q3 FY24 Tata Elxsi Operating Revenue: +3.0% CC QoQ, +9.4% CC YoY Segments EPD Verticals Industrial Design & System Integration Healthcare Transportatio Visualization & Support & Life Sciences Business Unit 411.7% CC Q0Q 414.6% CC QoQ +3,9% CC QoQ +1.9% CC Qot
Slide 11: EPD Operational Performance - Q3 FY24
EPD Operational Performance - Q3 FY24 Revenue By Onsite/Offshore Mix 24.6% 25.8% 75.4% 74.2% Q3'23 Q2'24 mOnsite Offshore Page | 11 25.3% 74.7% Q3'24 Revenue By Contract Type Mix 50.1% 50.3% 50.0% 49.9% 49.7% 50.0% Q3'23 Q2'24 Q3'24 mFixed Price ™ Time & Material TATA ELXSI
Slide 12: TATA ELXSI
TATA ELXSI
Slide 13: Gen 3 HMI Design Wins the German Design Award
Gen 3 HMI Design Jointly Developed by Tata Motors and Tata Elxsi Wins the German Design Award Tata Elxsi and Tata Motors jointly won the esteemed German Design Award 2024 for the Tata Motors Gen 3 HMI design. Key features of the Tata Motors Gen 3 HMI include: + User-Centred Design: Prioritising usab
Slide 14: NEURON Autonomous Network Platform Awarded Product of the Year
Tata Elxsi’s NEURON Autonomous Network Platform Awarded Product of the Year at the Industry DevOps Awards 2023, London Tata Elxsi's NEURON Autonomous Network Platform won Product of the Year award at the Industry DevOps Awards 2023 awards event in London. NEURON empowers operators to effectively dep
Slide 15: Tata Elxsi recognized as India's Top Value Creator for Software and BPM
Tata Elxsi recognized as India’s Top Value Creator for Software and BPM by Dun & Bradstreet The Value Creator Awards 2023 honours and recognises leading Indian companies that are torchbearers of long-term value creation within their sectors for shareholders and stakeholders. This award is a recognit
Slide 16: Tata Elxsi awarded Top Innovative Company of 2023 by CII
Tata Elxsi awarded ‘Top 50 Innovative company of 2023’ by Cll Tata Elxsi was recognized as a Top 50 Innovative Company of the Year in the Cll Industrial Innovation Awards 2023. The Cll Industrial Innovation Awards is regarded as one of the most prestigious innovation awards in the country that recog
Slide 17: TATA ELXSI
TATA ELXSI
Slide 18: Tata Elxsi to develop Automotive Cyber Security Solutions with IISc
Tata Elxsi to develop Automotive Cyber Security Solutions with IISc Tata Elxsi signed a MoU for the joint development of an Automotive Cyber Security Solution together with the Indian Institute of Science (IISc). This collaboration will focus on security and threat detection in connected automotive
Slide 19: Slide 19
Slide 20: Tata Elxsi at India Mobile Congress 2023
Tata Elxsi at India Mobile Congress 2023 SMART FACTORIES India Mobile Congress (IMC) is Asia's most significant ' THANK technology event and the premier networking . ri. opportunity in India's tech sphere. IMC 2023 brings together innovators, industry giants, and tech enthusiasts to shape the future
Slide 21: Tata Elxsi
TATA ELXS! Incorporated in 1989, Tata Elxsi is amongst the world's leading providers of design and technology services across industries including Transportation, Media, Communications and Healthcare & Medical Devices. Tata Elxsi provides integrated services - from research and strategy, to electron