Tata Elxsi Limited · NSE:TATAELXSI
Tata Elxsi — Q2 FY23 Earnings Presentation
16 slides from Tata Elxsi's earnings presentation, Oct 14, 2022
Slide 1: Q2 FY23 Earnings Presentation and Fact Sheet
Q2 FY23 Earnings Presentation and Fact Sheet Oct 14, 2022 1
Slide 2: Disclaimer
Disclaimer This release may contain certain future prospects which may be a forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These forward-looking statemen
Slide 3: Message from the CEO and Managing Director
Message from the CEO and Managing Director “We have delivered a quarter of steady growth amidst macro-economic uncertainty and currency headwinds in our key markets. We are gaining market share in both Automotive and Media & Communications, especially in Europe. The numbers are muted in the region d
Slide 4: Highlights for Q2 FY23
Highlights for Q2 FY23 Revenue Sequential QoQ Constant YoY Revenue Growth Currency Growth Growth 763.2 INR Cr 5.1% 4.7% 28.2% Profitability EBITDA INR Cr PBT INR Cr PAT INR Cr EBITDA Margin 226.5 Cr 219.2 174.3 29.7% (23.4% YoY) (28.2% YoY) (39.1% YoY) EPS Q2 FY23 QoQ Growth YoY Growth 27.98 -5.7% 3
Slide 5: Financial Highlights – Q2FY23
Financial Highlights – Q2FY23 Revenue • Revenues from operations at Rs. 763.2 Cr, + 5.1% QoQ, + 28.2% YoY Profit • Operating Margin at 29.7 %; Net Margin (PBT) at 28.0% • Profit Before Tax (PBT) at Rs. 219.2 Cr, +28.2% YoY • Profit After Tax (PAT) at Rs. 174.3 Cr, +39.1% YoY Segment Highlights • Tra
Slide 6: Key Deal Wins – Driving Scale and Sustainability
Key Deal Wins – Driving Scale and Sustainability • Multi million-dollar automotive deal win from a leading automotive company for autonomous driving and driver experience. • Design Digital deal win leveraging our strong ADAS and design-led engineering capabilities. • Selected by a global leader in t
Slide 7: Financial Summary
Tata Elxsi Financial Summary – Q2 FY23 Particulars Metrics Q2FY23 Q1FY23 QoQ Q2FY22 YoY Growth Growth Revenue from Operations 763.2 725.9 5.1% 595.3 28.2% Revenue (INR CR) Other Income 18.7 10.3 80.9% 2.4 667.7% Total Income 781.8 736.2 6.2% 597.8 30.8% EBITDA 226.5 238.2 -4.9% 183.6 23.4% (INR CR)
Slide 8: Financial Performance
Tata Elxsi Financial Performance – Q2 FY23 Operating Revenue Operating EBITDA & Margin (%) 30.8% 32.8% 29.7% INR in Crore 763.2 INR in Crore 725.9 238.2 595.3 226.5 -4.9% QoQ 5.1% QoQ 183.6 28.2% YoY 23.4% YoY Q2 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q1 FY23 Q2 FY23 PBT & Margin (%) PAT & M a r g i n ( % ) 2
Slide 9: Operational Performance
Tata Elxsi Operational Performance – Q2 FY23 Revenue By Geography Client Concentration 48.0% 48.3% 48.1% 40.0% 39.9% 36.6% 6.1% Top 5 8.7% 6.2% 16.4% 18.0% 16.6% Top 10 RoW Q2 FY22 Q1 FY23 Q2 FY23 41.6% 42.8% 43.2% India Employee Metrics Americas 15000 19.0% 18.7% 20.0% 33.4% 32.9% 34.1% 13.9% 15.0%
Slide 10: Segment Mix and Performance
Tata Elxsi Segment Mix and Performance – Q2 FY23 Q-o-Q Growth Y-o-Y Growth Segment Mix Q2 FY23 Q1 FY23 Q2 FY22 (In CC) (In CC) Embedded Product 87.6% 88.8% 3.1% 86.3% 29.0% Design (EPD) Industrial Design & 9.7% 9.0% 15.5% 11.2% 15.4% Visualization (IDV) System Integration & 2.7% 2.2% 26.0% 2.4% 41.7
Slide 11: EPD Segment Mix and Performance
EPD Segment Mix and Performance – Q2 FY23 Q-o-Q Growth Y-o-Y Growth Segment Mix Q2 FY23 Q1 FY23 Q2 FY22 (In CC) (In CC) Transportation 41.5% 41.5% 4.6% 41.4% 34.2% Media & 42.4% 43.1% 1.0% 45.1% 19.5% Communications Healthcare & Medical 16.1% 15.4% 5.1% 13.4% 45.1% Devices Total EPD 100.0% 100.0% 3.
Slide 12: EPD Operational Performance
EPD Operational Performance – Q2 FY23 Revenue By Onsite / Offshore Mix Reve nu e By C o nt rac t Ty pe M ix 25.3% 25.1% 24.8% 50.8% 49.0% 50.4% Onshore Time & Material 74.7% 74.9% 75.2% Offshore 49.2% 51.0% 49.6% Fixed Price Q2 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q1 FY23 Q2 FY23 12
Slide 13: @ IBC 2022, Amsterdam – Largest Global Media and Broadcast Event
Tata Elxsi @ IBC 2022, Amsterdam – Largest Global Media and Broadcast Event Tata Elxsi stand and solution showcase at IBC 2022, Amsterdam Tata Elxsi keynote for the global RDK community and operators from across the world at the Global Summit 2022 in Amsterdam 13
Slide 14: Event @ Bengaluru
Tata Elxsi Event @ Bengaluru Manoj Raghavan, MD & CEO, addressing the gathering Technology and Digital Showcase at the event, across industries Panel discussion on the future of Electric Mobility Next Generation EV Innovation showcase 14
Slide 15: iGNITE Global Design Contest Award
iGNITE Global Design Contest Award The award ceremony of the global contest that was launched on World Industrial Design Day for Design Contest 2022 creating a sustainable design solution, was held at Design Digital Customer Day event. The contest saw over 180 design innovation submissions from acro
Slide 16: Incorporated in 1989, Tata Elxsi is amongst the world’s leading providers of design and technology services
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 electronics and mec