What was Tata Elxsi's revenue in Q4 FY26?

Tata Elxsi reported revenue of ₹994 Cr in Q4 FY26, a — change year-over-year.

Did Tata Elxsi management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

Tata Elxsi Q4 FY26 Research Workspace: Revenue ₹994 Cr (—)

Q: What guidance did Tata Elxsi management give?

FY27 revenue growth: high single-digit: Management expects high single-digit revenue growth for FY27, down from earlier double-digit aspiration, due to geopolitical uncertainty and delayed deal closures.

Revenue ₹994 Cr

EBITDA —

PAT —

EBITDA Margin 24.6% +130bps

Duration —

Read Time 1 min read

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2-Minute Summary

✦ AI-Generated from Full Transcript

Tata Elxsi reported Q4 FY26 revenue of ₹993.8 crore, growing 0.9% QoQ in constant currency, with EBITDA margin improving 130 bps sequentially to 24.6%. Transportation grew 2% QoQ, driven by OEM wins (now 77% of vertical revenue), while healthcare declined 13.1% due to delayed deal closures. Media & communication grew 5.6% on deal ramp-ups. Management guided for high single-digit growth in FY27 (down from earlier double-digit aspiration), citing geopolitical uncertainty and cautious client spending. Margin trajectory targets 27% exit margin by Q4 FY27 via operational efficiencies and AI adoption. Risk: healthcare recovery may slip further if deal closures continue to delay.

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Research workspace

Focused Modules

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Risk Intelligence

Healthcare deal delays persist

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Quarter Snapshot

Transportation QoQ Growth (CC) 2%

+2% QoQ

Transportation vertical grew 2% QoQ in constant currency, driven by OEM wins.

Healthcare QoQ Growth (CC) -13.1%

-13.1% QoQ

Healthcare declined 13.1% QoQ due to delayed deal closures; management expects recovery in Q1.

Media & Communication QoQ Growth (CC) 5.6%

+5.6% QoQ

Media & communication grew 5.6% QoQ, led by deal ramp-ups and a large multi-year win.

Utilization Rate 73%

~+3pp QoQ

Utilization improved to 73%, with headroom to reach 80%+ before aggressive hiring.

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Guidance and risk preview

Top guidance FY27 revenue growth: high single-digit

Management expects high single-digit revenue growth for FY27, down from earlier double-digit aspiration, due to geopolitical uncertainty and delaye...

Top risk Healthcare deal delays persist

Healthcare declined 13.1% QoQ due to deals slipping from Q4 to Q1; if closures continue to delay, recovery may be pushed further.