| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 993.75 | 4.2% | 9.4% |
| Total Income | 1.0K | 4.5% | 9.8% |
| Expenditure | 776.57 | 2.5% | 6.4% |
| PBT | 267.77 | 83.1% | 20.9% |
| Net Profit | 220.35 | 102.4% | 27.8% |
| OPM | 24.61% | 11.34pp | 1.75pp |
| NPM | 21.10% | 10.21pp | 2.98pp |
| EPS | 35.37 | 102.3% | 27.8% |
Tata Elxsi Q4 FY26 Revenue ₹993.8 Cr, up 4.2% QoQ
21 Apr 2026 · 21 Apr, 6:41 pm
Summary
Tata Elxsi reported robust financial performance for Q4 FY26, with operating revenue reaching Rs. 993.8 Cr, representing a healthy 4.2% sequential growth. The company achieved a full-year revenue of Rs. 3,757.4 Cr for FY26. Profit After Tax saw a significant increase of 23.1% QoQ and 27.8% YoY, reaching Rs. 220.4 Cr, supported by strong PBT and PAT margins of 25.6% and 21.1% respectively. CEO Manoj Raghavan highlighted consistent operational performance driven by improved execution, disciplined cost management, and increasing large deal wins, positioning the company favorably for future growth. Additionally, the Board recommended a final dividend of Rs. 75 per share for the financial year.
Key Highlights
- 1
Operating revenue for Q4 FY26 reached Rs. 993.8 Cr, demonstrating a healthy growth of 4.2% QoQ.
- 2
The full year revenue for FY26 stood at Rs. 3,757.4 Cr.
- 3
Profit Before Tax (PBT) in Q4 FY26 grew by 10.7% QoQ and 20.9% YoY to Rs. 267.8 Cr, achieving a strong PBT Margin of 25.6%.
- 4
Profit After Tax (PAT) for Q4 FY26 significantly increased by 23.1% QoQ and 27.8% YoY to Rs. 220.4 Cr, with a PAT Margin of 21.1%.
- 5
EBITDA for Q4 FY26 was Rs. 244.6 Cr, growing 10.0% QoQ, with an EBITDA Margin of 24.6%.
- 6
The Media & Communications business, accounting for 32.7% of quarterly revenue, registered strong growth of 5.6% QoQ in constant currency.
- 7
The Board of Directors recommended a final dividend of 750% (Rs. 75 per equity share of par value of Rs. 10 each) for FY26, subject to shareholder approval.
Management Comments
Mr. Manoj Raghavan
For the fourth quarter of FY’26, Tata Elxsi reported operating revenue of Rs. 993.8 crores and PBT margin at 25.6%. We ended FY’26 with a revenue of Rs. 3,757.4 crores and PBT margin of 23.4%. The company registered a healthy QoQ growth of 4.2%. Our Media & Communications business, which accounted for 32.7% of revenue during the quarter, registered a strong growth 5.6% QoQ in constant currency terms over the previous quarter. This growth was led by continued deal ramp-ups, a strategic deal for AdTech and a Tier 1 US Telco win. In the quarter, we also won a multi-year large deal from a world leading device OEM for its portfolio of video and broadband products. This strategic deal reinforces Tata Elxsi’s position as a global leader in device engineering for media and telecom. In our transportation business, while our revenues in Q4’26 consolidated after a strong 7.3% QoQ constant currency in Q3’26, we are delighted with two strategic wins – one in APAC region from a new-age OEM, and another from the US from a next-generation mobility services company. These multi-year deals underscore the pivot towards SDV and OEM business, with OEM business now representing 77% of overall revenues for our transportation business. During the quarter, we launched an Offshore Development Centre for Terumo, the Japanese MedTech leader, to accelerate innovation and development of cardiac and vascular medical devices. This center brings together multi-disciplinary teams across design, engineering and software, enhanced by the latest AI and GenAI-powered technologies, to help Terumo bring next-gen medical technologies to global and emerging markets. During FY’26, Tata Elxsi accelerated its enterprise-wide GenAI adoption, marked by the launch of DevStudio.ai and partnerships with leading AI companies, to embed AI responsibly across engineering, design, and delivery. With strong governance around data security, IP protection, and compliance, these initiatives are scaling beyond pilots to deliver measurable productivity gains, faster time-to-market, and improved customer outcomes. By combining domain-led AI, talent enablement, and platform-based accelerators, Tata Elxsi is strengthening its innovation quotient, long-term competitiveness, depth of client engagements, and margin expansion. I am pleased with our sustained and strong operational performance through segment-leading offshore delivery, a continued transition to fixed-bid project ownership, and the systematic and enterprise-wide adoption of AI-enabled efficiencies. These levers strengthened execution discipline and productivity, driving consistent margin improvement through the year. We closed the financial year with a consistent performance, reflecting improved execution, disciplined cost management, and continued confidence from our global customers. Growth traction across our core verticals, supported by increasing large deal wins, strong customer additions, and sustained investments in AI-led platforms and digital engineering, positions us well for the year and beyond. As we enter the next financial year, we remain focused on scaling our differentiated design-led and AI-enabled offerings, strengthening operational leverage, and driving sustainable growth and healthy m
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