Tata Elxsi Limited · NSE:TATAELXSI
Tata Elxsi — Q3 FY21 Earnings Presentation
14 slides from Tata Elxsi's earnings presentation, Jan 12, 2021
Slide 1: Cover letter to stock exchanges
G TATA January 12, 2021 DGM - Corporate Relations The Listing Department Bombay Stock Exchange Ltd. National Stock Exchange Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Plot o. C-1, Block G Mumbai - 400 00 I Bandra - Kurla Complex Bandra (East) Mumbai - 400 051 Dear Sir, Sub : Tata Elxsi Ea
Slide 2: Q3 FY21 Earnings Presentation and Fact Sheet
Q3 FY21 Earnings Presentation and Fact Sheet 12 January 2021 1
Slide 3: 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 4: Management commentary
Management commentary “It was a pretty satisfying quarter with all-round growth across industries and geographies. We continue to execute strongly on both top line and bottom line, with double digit QoQ revenue growth and industry leading operating margins. Our Healthcare business continues to accel
Slide 5: Financial Highlights
Financial Highlights Revenue • Revenues from operations at Rs. 477.1 Cr, +10.9% QoQ, +12.7% YoY Profit • Operating Margin at 30.1%; Net Margin at 21.4% • Profit Before Tax (PBT) at Rs. 146.2 Cr, +32.9% QoQ, +43.2% YoY • Profit After Tax (PAT) at Rs. 105.2 Cr, +33.3% QoQ, +39.5% YoY Segment Highlight
Slide 6: Performance Highlights
Performance Highlights Key Deal wins • Tata Elxsi added a new age automotive OEM in North America, for software and vehicle electronics development. • A leading European Tier1 automotive supplier awarded Tata Elxsi a multi-million USD deal for vehicle electronics and software. • A leading US based O
Slide 7: Financial Summary – Q3 & YTD FY21
Financial Summary – Q3 & YTD FY21 Total Income from 477.1 430.2 10.9% 423.4 12.7% 1,307.8 1,170.9 11.7% operations Other Income 15.1 4.4 20.5 32.9 45 Total Income 492.2 434.6 13.2% 444.0 10.9% 1,340.7 1,215.9 10.3% EBITDA 143.6 118.1 21.6% 94.2 52.4% 354.4 234.4 51.2% EBIT 132.6 106.9 24.0% 83.1 59.
Slide 8: Financial charts: revenue, EBITDA, PBT, PAT
Financial Performance – Q3 FY21 Operating Revenue Operating EBITDA & Margin (%) 30.1% 27.4% INR in Crore 477.1 INR in Crore 22.2% 10.9% QoQ 143.6 21.6% QoQ 118.1 423.4 430.2 12.7% YoY 94.2 52.4% YoY Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21 Q3 FY21 PBT & Margin (%) PAT & M a r g i n ( % ) 21.4% 29.7%
Slide 9: Operational Performance – Q3 FY21
Operational Performance – Q3 FY21 Revenue By Segment Constant Currency Segment Growth 3.3% 2.3% 2.4% Q-o-Q Y-o-Y 9.7% 8.0% 9.2% Embedded Product Design 8.5% 9.1% (EPD) Industrial Design & 25.3% 2.5% 86.9% 89.7% 88.3% Visualization (IDV) System Integration & 16.1% -19.0% Support (SIS) Q3 FY20 Q2 FY21
Slide 10: Operational Performance – Q3 FY21
Operational Performance – Q3 FY21 Revenue By Geography Client Concentration 50.8% 49.3% 47.2% 37.8% 36.6% 35.4% Top 1 12.3% 15.4% 14.4% 15.7% Top 5 13.0% 11.7% 12.5% 12.1% 13.0% Top 10 RoW Q3 FY20 Q2 FY21 Q3 FY21 33.6% 34.4% 36.0% India Employee Metrics Americas 7000 10.0% 9.0% 41.6% 38.1% 36.5% 680
Slide 11: EPD Operational Performance – Q3 FY21
EPD Operational Performance – Q3 FY21 Revenue By Industry Industry Constant Currency Growth Q-o-Q Y-o-Y 3.9% 4.5% 4.3% 8.3% 9.1% 10.4% Transportation 6.9% -8.4% 39.2% 44.8% 44.3% Broadcast & 7.3% 24.3% Communications 48.6% 41.5% 41.0% Healthcare & Medical 23.5% 34.0% Devices Q3 FY20 Q2 FY21 Q3 FY21
Slide 12: EPD Operational Performance – Q3 FY21
EPD Operational Performance – Q3 FY21 Revenue By Onsite / Offshore Mix Reven u e By C ont ra ct Typ e M i x 34.7% 32.2% 40.3% 49.2% 57.9% 56.1% Onshore Time & Material 65.3% 67.8% Offshore 59.7% 50.8% 42.1% 43.9% Fixed Price Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21 Q3 FY21 11
Slide 13: About us
About us Incorporated in 1989, Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services – from research and strategy, to electronics and mechanical desig
Slide 14: www.tataelxsi.com
For further information, contact: Hari Balan Diwakar Pingle/Lokesh Pareek Corporate Communication Christensen Investor Relations E-mail: media@tataelxsi.com E-mail: dpingle@christensenir.com/ Lpareek@christensenir.com www.tataelxsi.com 13