Tata Elxsi Limited · NSE:TATAELXSI
Tata Elxsi — Q4 FY23 Earnings Presentation
18 slides from Tata Elxsi's earnings presentation, May 18, 2023
Slide 1: Q4 FY23 Earnings Presentation and Fact Sheet
Q4 FY23 Earnings Presentation and Fact Sheet May 18, 2023 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 “Financial year 2023 has been another year of strong operational performance, driving healthy revenue growth and strong margins despite the macroeconomic uncertainties and challenges that the industry has been facing since last few quarters. In a matter of
Slide 4: Highlights for Year ended Mar'31 2023
Highlights for Year ended Mar’31 2023 YoY Revenue YoY Constant Revenue Growth Currency Growth 3144.7 INR Cr 27.3% 24.9% Profitability EBITDA INR Cr PBT INR Cr PAT INR Cr EBITDA Margin 961.1 Cr 937.5 Cr 755.2 Cr 30.6% (25.5% YoY) (25.8% YoY) (37.4% YoY) EPS & Dividend FY23 YoY Growth Dividend 121.26
Slide 5: Highlights for Q4 FY23
Highlights for Q4 FY23 YoY Revenue QoQ Constant Revenue Sequential Growth Growth Currency Growth 837.9 INR Cr 2.5% 22.9% 1.6% Profitability EBITDA INR Cr PBT INR Cr PAT INR Cr EBITDA Margin 249.5 Cr 250.2 201.5 29.8% (12.8% YoY) (13.6% YoY) (25.9% YoY) EPS Q4 FY23 QoQ Growth YoY Growth 32.36 3.5% 26
Slide 6: Financial Highlights – FY23
Financial Highlights – FY23 Revenue • Revenues from operations at Rs. 3144.7 Cr, + 27.3% YoY Profit • Operating Margin at 30.6 %; Net Margin (PBT) at 29.1% • Profit Before Tax (PBT) at Rs. 937.5 Cr, +25.8% YoY • Profit After Tax (PAT) at Rs. 755.2 Cr, +37.4% YoY Segment Highlights • Transportation g
Slide 7: Financial Highlights – Q4FY23
Financial Highlights – Q4FY23 Revenue • Revenues from operations at Rs. 837.9 Cr, + 2.5% QoQ, + 22.9% YoY Profit • Operating Margin at 29.8 %; Net Margin (PBT) at 29.0% • Profit Before Tax (PBT) at Rs. 250.2 Cr, +13.6% YoY • Profit After Tax (PAT) at Rs. 201.5 Cr, +25.9% YoY Segment Highlights • Tra
Slide 8: Key Deals
Key Deals • Tata Elxsi has been chosen by Alps Alpine to establish a Global Engineering Centre (GEC) in Thiruvananthapuram. The GEC will focus on software-led innovation and engineering to support Alps Alpine’s vision for future mobility. • Tata Elxsi has been chosen as the Strategic Partner for ‘Le
Slide 9: Tata Elxsi Financial Summary – Q4 & FY23
Tata Elxsi Financial Summary – Q4 & FY23 QoQ YoY YoY Particulars Metrics Q4FY23 Q3FY23 Q4FY22 FY'23 FY'22 Growth Growth Growth Revenue from Operations 837.9 817.7 2.5% 681.7 22.9% 3144.7 2470.8 27.3% Revenue (INR CR) Other Income 25.7 19.1 34.2% 18.1 42.0% 73.8 44.5 65.7% Total Income 863.6 836.9 3.
Slide 10: Tata Elxsi Financial Performance – FY23
Tata Elxsi Financial Performance – FY23 Operating Revenue Operating EBITDA & Margin (%) 31.0% 30.6% INR in Crore 3144.7 INR in Crore 2470.8 961.1 27.3% YoY 765.7 25.5% YoY FY22 FY23 FY22 FY23 PBT & Margin (%) PAT & M a r g i n ( % ) 29.6% 29.1% 21.9% 23.5% 937.5 755.2 INR in Crore INR in Crore 745.5
Slide 11: Tata Elxsi Financial Performance – Q4 FY23
Tata Elxsi Financial Performance – Q4 FY23 Operating Revenue Operating EBITDA & Margin (%) 32.5% 29.8% 30.2% 837.9 INR in Crore 817.7 INR in Crore 681.7 246.9 249.5 2.5% QoQ 1.1% QoQ 22.9% YoY 221.2 12.8% YoY Q4 FY22 Q3 FY23 Q4 FY23 Q4 FY22 Q3 FY23 Q4 FY23 PBT & Margin (%) PAT & M a r g i n ( % ) 31
Slide 12: Tata Elxsi Operational Performance – Q4 FY23
Tata Elxsi Operational Performance – Q4 FY23 Revenue By Geography Client Concentration 48.0% 49.4% 48.1% 46.2% 46.5% 38.3% 38.4% 39.8% 39.5% 36.9% Top 5 8.3% 6.3% 5.8% 8.5% 6.1% 16.5% 16.2% 17.3% 15.9% 17.0% Top 10 RoW Q4 FY22 Q3 FY23 Q4 FY23 FY22 FY23 41.2% 42.8% 41.4% 42.2% 42.5% India Employee Me
Slide 13: Tata Elxsi Segment Mix and Performance – Q4 FY23 and FY23
Tata Elxsi Segment Mix and Performance – Q4 FY23 and FY23 QoQ YoY YoY Segment Mix Q4 FY23 Q3 FY23 Growth Q4 FY22 Growth FY23 FY22 Growth (In CC) (In CC) (In CC) Embedded Product 85.8% 85.9% 1.6% 89.0% 13.0% 87.0% 87.2% 24.0% Design (EPD) Industrial Design & 11.3% 11.3% 0.5% 9.0% 52.8% 10.4% 10.6% 25
Slide 14: EPD Segment Mix and Performance – Q4 FY23 & FY23
EPD Segment Mix and Performance – Q4 FY23 & FY23 QoQ YoY YoY Segment Mix Q4 FY23 Q3 FY23 Growth Q4 FY22 Growth FY23 FY22 Growth (In CC) (In CC) (In CC) Transportation 44.6% 44.3% 1.7% 41.5% 23.2% 43.0% 41.2% 32.8% Media & Communications 40.3% 40.3% 1.7% 43.7% 3.9% 41.5% 44.5% 14.6% Healthcare & Medi
Slide 15: EPD Operational Performance – Q4 FY23
EPD Operational Performance – Q4 FY23 Revenue By Onsite / Offshore Mix Reve nu e By C o nt rac t Ty pe M ix 24.8% 24.6% 25.5% 25.5% 25.0% 47.6% 49.9% 49.6% 49.9% 49.7% Onshore Time & Material 75.2% 75.4% 74.5% 74.5% 75.0% Offshore 52.4% 50.1% 50.4% 50.1% 50.2% Fixed Price Q4 Q3 Q4 FY22 FY23 Q4 Q2 Q4
Slide 16: Alps Alpine and Tata Elxsi announce a strategic long-term agreement for GEC
Alps Alpine and Tata Elxsi announce a strategic long-term agreement for GEC Tata Elxsi has been chosen by Alps Alpine to establish a Global Engineering Centre (GEC) in Thiruvananthapuram. The GEC will focus on software-led innovation and engineering to support Alps Alpine’s vision for future mobilit
Slide 17: Tata Elxsi' Connected Vehicle Platform 'TETHER' crosses 500,000 connected vehicle milestone
Tata Elxsi’ Connected Vehicle Platform 'TETHER’ crosses 500,000 connected vehicle milestone Tata Motors Limited crosses a landmark milestone for 500,000 connected vehicles on their unified, connected vehicle platform Rajendra Petkar – President & CTO of Tata Motors, said, “In line with Tata Motors s
Slide 18: 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