Tata Elxsi Limited · NSE:TATAELXSI
Tata Elxsi — Q4 FY2024 Earnings Presentation
35 slides from Tata Elxsi's earnings presentation, Apr 23, 2024
Slide 1: Q4 FY24 Earnings Presentation and Fact Sheet
Q4 FY24 Earnings Presentation and Fact Sheet 23 April 2024
Slide 2: Disclaimer
Disclaimer This fact sheet has been prepared by Tata Elxsi Limited (the “Company”) for information purposes only and does not constitute, or form part of any offer, invitation, inducement, or advertisement to sell or issue, or any solicitation or initiation of any offer to purchase or subscribe for,
Slide 3: Message from the CEO and Managing Director
Message from the CEO and Managing Director “Financial year 2024 has been a year of consistent operational performance with a revenue growth of 13% despite global macroeconomic uncertainties, and volatility in the media and communications industry over the last few quarters. We have done well to main
Slide 4: Integrating Design and Engineering
Integrating Design and Engineering We had laid down a strategy of integrating our design business deeply with our key industry verticals, complementing our software and digital business with a design-led proposition. This is now complete, with a seamless end-to-end proposition from ideation to marke
Slide 5: Financial and Segment Highlights FY'24
Revenue • Reported Revenues at Rs. 3,552.1 Cr., +13.0% YoY • Revenue in CC terms grew by 9.6% YoY Profit • EBITDA at 29.5%; PBT at 28.5% • PBT at Rs. 1,048.7 Cr, +11.9% YoY Financial • PAT at Rs. 792.2 Cr, +4.9% YoY Highlights Segment Highlights FY’24 • Transportation growth at 20.4% YoY in CC terms
Slide 6: Driving Sustainable and Profitable Growth: Key Strategy Pillars and FY24 performance
Tata Elxsi - Driving Sustainable and Profitable Growth Key Strategy Pillars and FY24 performance Markets Balanced Presence across Key Markets – Best Manage Risks US 40% Europe 40% Rest of World 20% FY24 38.3% FY24 39.6% FY24 22.1% SDS Verticals Leadership in Chosen Verticals - Capture the Opportunit
Slide 7: Transportation - FY24 Summary
Transportation - FY24 Summary 24.6% 1,724 1,384 FY'23 FY'24 In INR Crores Engaged in Software Defined Vehicle Programs for 5 global OEMs Business Mix: Revenue from OEMs over 56% in FY24 KEY DEALS IN FY’24 • Chosen as a strategic partner for the SDV Organization of a Global Automotive OEM • Strategic
Slide 8: Media & Communications - FY24 Summary
Media & Communications - FY24 Summary 1,215 0.2% 1,218 FY'23 FY'24 In INR Crores Moving up the value chain: Revenue from operators now at 70% New growth markets: Expansion into LATAM and MEA KEY DEALS IN FY’24 • Design Digital multi-year UX transformation program for a leading operator in MEA across
Slide 9: Healthcare & Lifesciences - FY24 Summary
Healthcare & Lifesciences - FY24 Summary 10.8% 485 438 FY'23 FY'24 In INR Crores Foundation for accelerated growth: Addition of 5 marquee customers Strong traction in Connected and Digital health: Investing in Digital Therapeutics Platform TEcare ODC for Dräger Medical to Drive Critical Care Innovat
Slide 10: Leading with AI and GenAI
Leading with AI and GenAI AI Centre of Excellence (AI CoE) 25% of entire talent • Deep domain knowledge + AI Expertise applied to real world base to be AI ready scenarios and workflows by Q3 FY25 • Next-gen CoE at Bengaluru with over 350 AI / GenAI experts INNOV@TE Gen AI Hackathon 2024 in Partnersh
Slide 11: Financial Highlights Q4'24
Revenue • Reported Revenue at Rs. 905.9 Cr, + 8.1% YoY, -0.9% QoQ • Revenue growth +7.2% YoY in CC, -0.6% QoQ in CC Profit • EBITDA at 28.8%; PBT at 27.9% • PBT at Rs. 262.4 Cr, +4.9% YoY, -4.3% QoQ • PAT at Rs. 196.9 Cr, -2.3% YoY, -4.6% QoQ Financial Highlights Segment Highlights • Transportation
Slide 12: Financial Performance – FY'24
Tata Elxsi Financial Performance – FY’24 Revenue from Operations EBITDA & Margin (%) 3,552.1 1,300.0 1,298.0 1,296.0 1,294.0 1,292.0 1,290.0 1,288.0 1,286.0 1,284.0 30.6% 32.0% 1,282.0 1,280.0 1,278.0 1,276.0 1,274.0 1,272.0 1,270.0 1,268.0 1,266.0 1,264.0 1,262.0 1,260.0 1,258.0 1,256.0 1,254.0 1,2
Slide 13: Financial Performance – Q4 FY'24
Tata Elxsi Financial Performance – Q4 FY’24 Revenue from Operations EBITDA & Margin (%) YoY Growth of 8.1% YoY Growth of 4.7% 914.2 905.9 837.9 290.0 288.0 29.8% 29.5% 32.0% 286.0 284.0 28.8% 282.0 280.0 30.0% 278.0 276.0 270.1 28.0% 274.0 272.0 270.0 268.0 26.0% 266.0 264.0 261.2 262.0 260.0 24.0%
Slide 14: Financial Summary – Q4 FY'24 and FY'24
Tata Elxsi Financial Summary – Q4 FY’24 and FY’24 Metrics Q4FY24 Q3FY24 QoQ Growth Q4FY23 YoY Growth FY'24 FY'23 YoY Growth Revenue (INR CR) Revenue from Operations 905.9 914.2 -0.9% 837.9 8.1% 3552.1 3144.7 13.0% Other Income 33.7 34.9 -3.6% 25.7 31.1% 122.0 73.8 65.2% Total Income 939.6 949.2 -1.0
Slide 15: Revenue by Geography and Client Concentration
Revenue by Geography and Client Concentration Geo Mix Top 5 43.8% 46.2% 43.9% 39.8% 39.5% 35.5% 34.4% 40.5% 40.3% 39.6% Q4'23 Q3'24 Q4'24 FY'23 FY'24 41.4% 42.5% 37.4% 36.0% 38.3% Top 10 55.9% 52.5% 53.1% 49.4% 48.1% 17.3% 16.4% 17.3% 17.0% 16.6% 5.8% 5.7% 6.3% 6.1% 5.6% Q4'23 Q3'24 Q4'24 FY'23 FY'2
Slide 16: Employee Metrics
Employee Metrics Headcount 13,399 13,221 12,871 12,286 11,864 Q4’23 Q1’24 Q2’24 Q3’24 Q4’24 Attrition 17.3% 15.6% 13.7% 12.9% 12.4% Investing ahead: Sustained capacity building led by fresh engineer intake, to provide the foundation for scaling Differentiated Employee engagement: Maintaining industr
Slide 17: Vertical and Segment Performance – Q4 FY'24
Tata Elxsi Vertical and Segment Performance – Q4 FY’24 Tata Elxsi Operating Revenue: +7.2% CC YoY, -0.6% CC QoQ Segments SDS Verticals 0.9% Others + 48.4% CC QoQ + 19.4% CC YoY 14.1% 51.4% Healthcare Transportation & Life Sciences +1.2% CC QoQ SIS 2.8% +0.2% CC QoQ +16.4% CC YoY +7.2% CC YoY System
Slide 18: Vertical and Segment Performance – FY'24
Tata Elxsi Vertical and Segment Performance – FY’24 Tata Elxsi Operating Revenue: +9.6% CC YoY Segments SDS Verticals 0.8% Others + 2.9% CC YoY 14.0% 49.9% Healthcare Transportation & Life Sciences +20.4% CC YoY SIS 2.8% +7.6% CC YoY System Integration & Support +18.6% CC YoY SDS 97.2% Software Deve
Slide 19: Operational Performance – Q4 FY'24 and FY'24
Operational Performance – Q4 FY’24 and FY’24 23.8% 25.0% 26.3% 24.0% 25.1% 50.6% 49.7% 47.9% 50.9% 49.9% 76.2% 75.0% 73.7% 76.0% 74.9% 49.4% 50.3% 52.1% 49.1% 50.1% Q4'23 Q3'24 Q4'24 FY'23 FY'24 Q4'23 Q3'24 Q4'24 FY'23 FY'24 Onsite Offshore Fixed Price Time & Material
Slide 20: Q4 FY'24 - Key Deals
Q4 FY’24 - Key Deals Tata Elxsi is chosen as a strategic SDV program partner by a Global Automotive OEM to support Global Automotive software development across multiple domains including e-cockpit, base software, connectivity and OEM ADAS. Leading American Rail Tata Elxsi selected by a leading rail
Slide 21: Awards
Awards
Slide 22: Tata Elxsi wins German Design Award 2024 for Automotive HMI
Tata Elxsi wins German Design Award 2024 for Automotive HMI Tata Elxsi and Tata Motors jointly received the esteemed German Design Award 2024 at Germany for the Tata Motors Gen 3 HMI design at the award ceremony in January 2024 at Frankfurt. Nick Talbot, head of Tata Elxsi AutoX and London Design St
Slide 23: Tata Elxsi Wins iF Design Award 2024 for OTT UX
Tata Elxsi Wins Prestigious iF Design Award 2024 for OTT UX Tata Elxsi’s AI-powered OTT platform won the prestigious iF Design Award 2024 for OTT User Experience design. The TE Play platform incorporates an intuitive video experience solution that focuses on digital unification, hyper- personalizati
Slide 24: Tata Elxsi Wins iF Award for Aha! Tea Vending Machine for Chaayos
Tata Elxsi Wins Prestigious iF Award for The "Aha!" Tea Vending Machine for Chaayos Tata Elxsi’s design for the Aha! Tea Vending Machine won the prestigious iF Design Award 2024 for Product Design. The Aha! Tea Vending Machine revolutionizes the chai experience across Asian markets by offering a fus
Slide 25: NEURON Wins Best Network Orchestration Solution in Telco by Juniper Research
Tata Elxsi's NEURON Wins 'Best Network Orchestration Solution in Telco’ by Juniper Research Tata Elxsi has been awarded Platinum Winner for the ‘Best Network Orchestration Solution in TELCO’ at the Future Digital Award by Juniper Research for its groundbreaking network automation product – NEURON. T
Slide 26: Partnerships
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Slide 27: Tata Elxsi and Telefónica Collaborate on Cloud-Native Infrastructure Management
Tata Elxsi and Telefónica Collaborate to Achieve True Cloud-Native Infrastructure Management Tata Elxsi (TE) and Telefónica announced a groundbreaking achievement in the realm of the automation of cloud infrastructure for telecommunications, with the successful implementation of true cloud-native in
Slide 28: Expanding Presence
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Slide 29: Tata Elxsi establishes an ODC for Dräger to Drive Critical Care Innovation
Tata Elxsi establishes an ODC for Dräger to Drive Critical Care Innovation Dräger is expanding its research and development presence by establishing a new Offshore Development Center (ODC) at Tata Elxsi's facility in Pune. The ODC will focus on developing innovative critical care medical devices for
Slide 30: Tata Elxsi Unveils New Global Automotive Design and Engineering Center in Pune
Tata Elxsi Unveils New Global Automotive Design and Engineering Center in Pune Tata Elxsi strategically expands its presence in Pune with the inauguration of a new Global Design and Engineering center in Sukhwani Business Hub, Chinchwad. The new center is specifically tailored to cater to the techno
Slide 31: On the World Stage
On the World Stage
Slide 32: Tata Elxsi at MWC 2024
Tata Elxsi at MWC 2024 Tata Elxsi participated in Mobile World Congress (MWC) 2024, the world’s largest event for the telecom industry. Tata Elxsi showcased NEURON - Tata Elxsi’s award winning autonomous network platform. It offers E2E automation capabilities along with a robust and secure cloud nat
Slide 33: Tata Elxsi Hosts Innov@TE GenAI Hackathon in Collaboration with AWS
Tata Elxsi Hosts Innov@TE GenAI Hackathon in Collaboration with AWS Tata Elxsi conducted its inaugural Gen AI Hackathon in collaboration with Amazon Web Services (AWS). With a focus on exploring the potential of Generative AI, the hackathon witnessed enthusiastic participation from diverse disciplin
Slide 34: TELIPORT - Nurturing the brightest minds in technology, design, and innovation
TELIPORT - Nurturing the brightest minds in technology, design, and innovation Tata Elxsi’s TELIPORT is a campus engagement program which celebrates innovation, talent, and creativity. It intends to engage with the brightest minds in technology, design, and innovation from top engineering colleges i
Slide 35: Incorporated in 1989, Tata Elxsi is a leading provider 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