Tata Elxsi Q4 PAT up 38.9% to Rs160 crore on the back of 32.5% EBITDA margins

21 Apr 2022 , 12:41 AM

Tata Elxsi Ltd reported 31.51% growth yoy in total revenues for the Mar-22 quarter on consolidated basis at Rs681.74cr. On a sequential basis, the revenues were higher for the quarter by 7.29%.

In terms of revenue growth for verticals, the Embedded Product Design (EPD) division saw constant currency revenue growth of 34.7% while the Industrial Design and Visualization division grew revenues by 34.9% in constant currency terms.

In transport, revenues grew 37.9% yoy on large EV deal wins. Media and communications grew 33% yoy while the healthcare segment showed growth of 66% on a yoy basis.

The consolidated net profit for Q4 was up 38.93% to Rs160.01cr, while the profits were up by 6% on a sequential basis. EBITDA margins at 32.5% helped the profits grow on a yoy basis and also on a sequential basis.

The company has declared a final dividend of Rs.42.50 per share, subject to approval. PBT margins of Tata Elxsi stood at an impressive 31.5%. Net margins stood at 23.47% in Mar-22 quarter compared to 22.22% in Mar-21. The net profit margins were lower by 29 basis points on a sequential basis, compared to Dec-21 quarter.

Financial highlights for Mar-22 compared yoy and sequentially

	Tata Elxsi Ltd
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 681.74	₹ 518.40	31.51%	₹ 635.41	7.29%
Net Profit (Rs cr)	₹ 160.01	₹ 115.17	38.93%	₹ 150.95	6.00%
Diluted EPS (Rs)	₹ 25.69	₹ 18.49		₹ 24.24
Net Margins	23.47%	22.22%		23.76%