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Tata Elxsi Valuation Multiples

Discover revenue and EBITDA valuation multiples for Tata Elxsi and similar public comparables like Biprogy, Dentsu Soken, Odine, Matrix IT and more.

Tata Elxsi Overview

About Tata Elxsi

Tata Elxsi Ltd provides product design and engineering services to the consumer electronics, communications & transportation industries and systems integration and support services for enterprise customers. It also provides digital content creation for media and entertainment industry. It operates across two core domains: Software Development & Services (SDS) and Systems Integration & Support (SIS). The company’s operations are located in multiple cities in India, and in multiple international locations including United Kingdom (UK), United States of America (USA), France, Germany, Japan, Ireland, Netherlands, South Africa, Canada, Spain, Dubai, Poland, Italy and Romania.


Founded

1989

HQ

India

Employees

12.4K

Financials (LTM)

Revenue: $405M
EBITDA: $92M

EV

$3B

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Tata Elxsi Financials

Tata Elxsi reported last 12-month revenue of $405M and EBITDA of $92M.

In the same LTM period, Tata Elxsi generated $141M in gross profit, $92M in EBITDA, and $76M in net income.

Revenue (LTM)


Tata Elxsi P&L

In the most recent fiscal year, Tata Elxsi reported revenue of $396M and EBITDA of $99M.

Tata Elxsi is profitable as of last fiscal year, with gross margin of 35%, EBITDA margin of 25%, and net margin of 17%.

See analyst estimates for Tata Elxsi
LTMLast FY202320242025202620272028
Revenue$405M$396M$364M$388M$395M
Gross Profit$141M$137M$161M$164M$144M
Gross Margin35%35%44%42%36%
EBITDA$92M$99M$120M$122M$104M
EBITDA Margin23%25%33%31%26%
EBIT Margin21%20%27%25%21%
Net Profit$76M$66M$82M$83M$70M
Net Margin19%17%23%21%18%

Financial data powered by Morningstar, Inc.

Tata Elxsi Stock Performance

Tata Elxsi has current market cap of $3B, and enterprise value of $3B.

Market Cap Evolution


Tata Elxsi's stock price is $43.54.

Tata Elxsi share price decreased by 37.5% in the last year.

Tata Elxsi has an EPS (earnings per share) of $1.06.

See more trading valuation data for Tata Elxsi
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$3B$3B-0.6%-9.9%-37.5%$1.06

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Tata Elxsi Valuation Multiples

Tata Elxsi trades at 6.3x EV/Revenue multiple, and 27.6x EV/EBITDA.

See NTM and 2027E valuation multiples for Tata Elxsi

EV / Revenue (LTM)


Tata Elxsi Financial Valuation Multiples

As of May 1, 2026, Tata Elxsi has market cap of $3B and EV of $3B.

Tata Elxsi has a P/E ratio of 35.9x.

LTMLast FY202320242025202620272028
EV/Revenue6.3x6.4x7.0x6.6x6.5x
EV/EBITDA27.6x25.9x21.3x20.9x24.5x
EV/EBIT30.5x32.2x25.7x26.5x30.7x
EV/Gross Profit18.1x18.7x15.9x15.6x17.8x
P/E35.9x41.0x32.9x32.7x38.6x
EV/FCF36.6x37.1x42.5x32.2x35.2x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Tata Elxsi Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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Tata Elxsi Margins & Growth Rates

In the most recent fiscal year, Tata Elxsi reported gross margin of 35%, EBITDA margin of 25%, and net margin of 17%.

See estimated margins and future growth rates for Tata Elxsi

Tata Elxsi Margins

Last FY202420252026202720282029
Gross Margin35%42%36%35%
EBITDA Margin25%31%26%25%
EBIT Margin20%25%21%20%
Net Margin17%21%18%17%
FCF Margin17%20%18%17%

Tata Elxsi Growth Rates

23/2424/2525/2626/2727/2828/29
Revenue Growth7%2%0%
Gross Profit Growth2%(12%)(5%)
EBITDA Growth2%(14%)(5%)
EBIT Growth(3%)(14%)(5%)
Net Profit Growth0%(15%)(6%)
FCF Growth32%(8%)(5%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Tata Elxsi Operational KPIs

Tata Elxsi's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.

Tata Elxsi's Rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Tata Elxsi's Rule of X is 25% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Tata Elxsi
LTMLast FY202320242025202620272028
Rule of 4033%25%
Bessemer Rule of X49%25%
Revenue per Employee$0.0M
Opex per Employee$0.0M
S&M Expenses to Revenue1%1%1%
G&A Expenses to Revenue5%5%5%
Opex to Revenue14%17%17%15%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Tata Elxsi Competitors

Tata Elxsi competitors include Biprogy, Dentsu Soken, Odine, Matrix IT, Also Holding, Tieto, Hexaware Technologies, OBIC Business Consultants, Netcompany and Aditya Infotech.

Most Tata Elxsi public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Biprogy1.0x0.9x7.4x6.7x
Dentsu Soken2.5x2.4x14.8x14.5x
Odine66.5x451.9x
Matrix IT1.4x12.2x
Also Holding0.1x0.1x6.1x5.9x
Tieto1.4x1.4x6.8x8.9x
Hexaware Technologies1.8x1.8x11.5x11.3x
OBIC Business Consultants7.3x6.6x15.4x13.9x

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About Tata Elxsi

When was Tata Elxsi founded?Tata Elxsi was founded in 1989.
Where is Tata Elxsi headquartered?Tata Elxsi is headquartered in India.
How many employees does Tata Elxsi have?As of today, Tata Elxsi has over 12K employees.
Who is the CEO of Tata Elxsi?Tata Elxsi's CEO is Manoj Raghavan.
Is Tata Elxsi publicly listed?Yes, Tata Elxsi is a public company listed on National Stock Exchange of India.
What is the stock symbol of Tata Elxsi?Tata Elxsi trades under TATAELXSI ticker.
When did Tata Elxsi go public?Tata Elxsi went public in 2003.
Who are competitors of Tata Elxsi?Tata Elxsi main competitors include Biprogy, Dentsu Soken, Odine, Matrix IT, Also Holding, Tieto, Hexaware Technologies, OBIC Business Consultants, Netcompany, Aditya Infotech.
What is the current market cap of Tata Elxsi?Tata Elxsi's current market cap is $3B.
What is the current revenue of Tata Elxsi?Tata Elxsi's last 12 months revenue is $405M.
What is the current revenue growth of Tata Elxsi?Tata Elxsi revenue growth (NTM/LTM) is 11%.
What is the current EV/Revenue multiple of Tata Elxsi?Current revenue multiple of Tata Elxsi is 6.3x.
Is Tata Elxsi profitable?Yes, Tata Elxsi is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Tata Elxsi?Tata Elxsi's last 12 months EBITDA is $92M.
What is Tata Elxsi's EBITDA margin?Tata Elxsi's last 12 months EBITDA margin is 23%.
What is the current EV/EBITDA multiple of Tata Elxsi?Current EBITDA multiple of Tata Elxsi is 27.6x.
What is the current FCF of Tata Elxsi?Tata Elxsi's last 12 months FCF is $70M.
What is Tata Elxsi's FCF margin?Tata Elxsi's last 12 months FCF margin is 17%.
What is the current EV/FCF multiple of Tata Elxsi?Current FCF multiple of Tata Elxsi is 36.6x.
How many companies Tata Elxsi has acquired to date?Tata Elxsi hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Tata Elxsi has invested to date?Tata Elxsi hasn't invested in any companies yet (or none have been disclosed publicly).

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