TATA ELXSI

Tata Elxsi Ltd is engaged in product design and engineering services to the consumer electronics, communications & transportation industries and systems integration and support services for enterprise customers.

Tata Elxsi Ltd - Key Parameters

Tata Elxsi Ltd - Potential Catalysts

• New design for Embedded Products

• Government Initiatives

• Auto and telecast portions set for exponential development

• Human machine interface (HMI) – likewise seeing ocean change

Tata Elxsi Ltd - Recommendation

With Superior project management skills, focus on measuring and monitoring quality and its planned expansion Tata Elxsi Ltd will be able to grow over the next few years. We recommend BUY on the stock at CMP of Rs. 1820 to target of Rs. 2155 (Forward PE of 53.71x FY16).

Tata Elxsi Ltd - Financial Summary

BUSINESS DISCRIPTION

Tata Elxsi Limited was incorporated in 1989 and is headquartered in Bengaluru, India. It provides product design and engineering, and systems integration and support services in India, Dubai, France, Germany, Japan, the United Kingdom, Ireland, and the United States.

It operates through two segments, Software Development & Services; and Systems Integration & Support. It offers embedded product design services, including technology consulting, product development, and testing services for product companies, service providers, and start-ups; and creates and licenses intellectual property and software components. It also provides industrial design services, such as research and strategy, branding and graphic design, product and packaging design, UI design, retail design and signage, transportation design, design engineering, and prototype development. In addition, it offers visual computing labs services comprising animation and visual effects for feature films and episodic television; and for TV commercials and corporate videos for visualization and new product launches.

Further, the company provides systems integration services, such as implementing and integrating systems and solutions for broadcast, CAD/CAM/CAE/PLM, disaster recovery, high-performance computing, and storage and virtual reality; and professional services, including maintenance and support services for data mining, storage, IT facilities, and network management. It serves the aerospace, automotive, broadcast, consumer electronics, defense and public safety, healthcare, media and entertainment, networking and telecom, retail and consumer goods, and semiconductor industries.

MANAGEMENT & GOVERNANCE

Shareholding pattern as on 30thJune, 2015