# Tata Elxsi share price today (Tata Elxsi Ltd, NSE: TATAELXSI)

> Tata Elxsi share price today: ₹3,755.00 at the NSE close on 4 November 2026, down 27.5% in a year. Tata Elxsi (NSE: TATAELXSI) is worth ₹23,396 crore, trades at a P/E of 32.5 and has closed between ₹3,092.80 and ₹5,691.00 over the past 52 weeks. > Tata Elxsi Ltd's share price has fallen more than its earnings. Earnings per share fell 20.0% in a year while the price moved −27.5%. TATAELXSI · IT - ER&D · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/tata-elxsi-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹3,755.00 (−27.5% in a year)
- P/E: 32.5× (lower than 61% of the last 11 years)
- Revenue (Sep 2026): ₹1,056 Cr (+15.0% on a year ago)
- Profit (Sep 2026): ₹170 Cr (+9.7% on a year ago)
- Operating margin: 22.0% (+1.0 points on a year ago)
- ROCE: 30%, FY26
- ROIC: 42.8%, against a 12.0% cost of capital: +30.8 points

The main question: foreign institutions moved −5.7 percentage points over 8 quarters while the business went the other way. ## What is the Tata Elxsi share price today? Tata Elxsi Ltd's share price was ₹3,755.00 at the close on 4 November 2026. It has been falling for 65 weeks. That is 8.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,093 and ₹5,691, and at that close it sat 25% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row. Over the last 11 years the share price moved +285% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Tata Elxsi this quarter? Three changes stood out: indian funds and insurers (DIIs) cut their stake for 3 quarters in a row, highest quarterly revenue in 27 quarters and revenue up on a year earlier for 4 quarters in a row. 1. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row From 12.3% to 10% of the company by the September 2026 quarter. 2. Highest quarterly revenue in 27 quarters Revenue of ₹1,056 crore in the September 2026 quarter is the highest of the last 27 quarters. Why: The company won new work in connected vehicles, aerospace testing, AI tools and home dialysis, and its US and India business grew. Next results: check whether the second half really is better than the first, especially in media and healthcare. From the earnings call on 13 Oct 2026. 3. Revenue up on a year earlier for 4 quarters in a row In the September 2026 quarter revenue was ₹1,056 crore, +15% on a year earlier. Why: Revenue was higher than a year earlier because new work came in across connected vehicles, aerospace testing, AI tools and home dialysis, and US and India grew. From the earnings call on 13 Oct 2026. ## What are Tata Elxsi's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Tata Elxsi reported revenue of ₹1,056 crore, up 15.0% from ₹918 crore a year earlier, and a profit of ₹170 crore, up 9.7% from ₹155 crore. ### Tata Elxsi results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,056 crore | ₹918 crore | +15.0% |
| Profit | ₹170 crore | ₹155 crore | +9.7% |
| Earnings per share | ₹27.33 | ₹24.85 | +10.0% |
| Operating margin | 22.0% | 21.0% | +1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Tata Elxsi's management discussed these results on a call held on 13 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Tata Elxsi share price history? Tata Elxsi closed at ₹3,755.00 on 4 November 2026, down 27.5% from ₹5,180.00 a year earlier (7 November 2025) and down 39.6% over five years. Its highest weekly close since March 2016 was ₹10,238.05 on 12 August 2022. ### Tata Elxsi share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹3,790.00 | −0.9% |
| 1 month ago · 1 Oct 2026 | ₹3,092.80 | +21.4% |
| 6 months ago · 8 May 2026 | ₹4,319.60 | −13.1% |
| 1 year ago · 7 Nov 2025 | ₹5,180.00 | −27.5% |
| 3 years ago · 3 Nov 2023 | ₹7,617.00 | −50.7% |
| 5 years ago · 4 Nov 2021 | ₹6,220.10 | −39.6% |
| 10 years ago · 4 Nov 2016 | ₹621.23 | +504.4% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹975.60 | +284.9% |
| Highest weekly close since March 2016 · 12 Aug 2022 | ₹10,238.05 | −63.3% |
| Lowest weekly close since March 2016 · 18 Nov 2016 | ₹533.80 | +603.4% |
| 52-week high (weekly close) · 9 Jan 2026 | ₹5,691.00 | −34.0% |
| 52-week low (weekly close) · 1 Oct 2026 | ₹3,092.80 | +21.4% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 4 November 2026.)

## What is the latest news on Tata Elxsi? 4 Nov 2026: Tata Elxsi closed at ₹3,755.00, down 0.9% on the week and up 21.4% on the month. 13 Oct 2026: Tata Elxsi held its results call for July to September 2026. Management guided: H2 growth to be sustained. ### Earlier

- Results for July to September 2026: Revenue up 15.0% and profit up 9.7% on a year earlier. - 10 Jun 2026: ex-date for a dividend of ₹75 a share. ## What dividend does Tata Elxsi pay? Tata Elxsi paid ₹75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 2.00% at the ₹3,755.00 close on 4 November 2026. The last was a dividend of ₹75 a share, ex-date 10 June 2026. ### Tata Elxsi dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 10 Jun 2026 | ₹75 | Dividend |
| 11 Jun 2025 | ₹75 | Dividend |
| 25 Jun 2024 | ₹70 | Dividend |
| 22 Jun 2023 | ₹60.60 | Dividend |
| 15 Jun 2022 | ₹42.50 | Dividend |
| 17 Jun 2021 | ₹48 | Dividend + Special |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Tata Elxsi Ltd paid out 74% of its profit as dividends in FY26, and it paid a dividend in each of its last 19 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Tata Elxsi management say on the latest results call? On the call for July to September 2026, held on 13 October 2026, Tata Elxsi's management guided: H2 growth to be sustained. > “At the same time, you should also understand that, because a good portion of our revenue still comes from project-based business, there is also ramp-down of projects that are ending or closing at any point in time. We always need to plan for replacement projects. That is why we also need new projects to come in.”
> Manoj Raghavan, on the call for July to September 2026

### What management guided

- H2 expected to be better than H1, particularly in media and healthcare; transportation growth outlook strongest in the US and India, with Europe uncertain. - Slightly upward margin trajectory through the rest of the year, supported by operational leverage and calibrated improvements. - Aerospace and defense engagements require at least 2-3 quarters to ramp as specialist teams complete initial milestones. - Shortlisted European OEM deals could close this quarter or next, but timing remains uncertain. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/299/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 13 October 2026.)

## What to watch in Tata Elxsi's next results? When Tata Elxsi reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: European OEM shortlist conversions and ongoing-program ramps - check for signed work versus continued decision delays. - What to check (from the call)
- European OEM shortlist conversions and ongoing-program ramps - check for signed work versus continued decision delays. - Healthcare growth sustainability - check whether home-dialysis work and the broader client pipeline show follow-through. - Utilization, junior hiring and pyramid rebalancing - check whether efficiency gains support margin progression. - Telematics, aerospace validation and GenAI wins - look for staffing and ramp evidence, not announcements alone. ## Which stock lists is Tata Elxsi on? Tata Elxsi is on 3 of our India lists: Dividend stocks, Small & mid cap stocks and IT stocks. - [Dividend stocks Regular dividend yield (%): 2](https://www.sectoralpha.in/dividend-stocks-india)
- [Small & mid cap stocks Size rank in India: 319](https://www.sectoralpha.in/small-cap-stocks-india)
- [IT stocks Market value (₹ crore): 23395.92875989446](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is Tata Elxsi profitable? Tata Elxsi Ltd earned ₹170 Cr of net profit in the Sep 2026 quarter, +9.7% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹628 Cr. Over 10 years profit has grown 15.0% a year on average. That is 16.1% of the quarter's revenue. The same quarter a year earlier earned ₹155 Cr. For the full year, FY26 profit was ₹628 Cr (−20.0% on the year before). Why profit moved: revenue changed +15.0% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +2.8% and revenue +10.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Tata Elxsi make, and is it growing? Tata Elxsi Ltd reported ₹1,056 Cr of revenue in the Sep 2026 quarter, +15.0% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 13.3% a year on average. The last full year, FY26, came in at ₹3,757 Cr. The last four reported quarters add to ₹4,024 Cr. FY26 revenue was ₹3,757 Cr, +0.8% on the year before. Recent pace: the last four quarters grew +10.1% on average, against 13.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.0%, against +4.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +0.0%, against −9.4% a year (accelerating). ## How much of every ₹100 of sales does Tata Elxsi keep? Tata Elxsi Ltd's operating margin was 22.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 19 years it has been between 11.0% and 31.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.9 percentage points on the year while gross margin changed +0.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Tata Elxsi's profit turning into cash? Over the last 3 years, 99% of Tata Elxsi Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹664 Cr of operating cash against ₹628 Cr of profit. After ₹33.0 Cr of spending on assets, ₹631 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 99% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Tata Elxsi's cash go? Tata Elxsi Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 105 days in FY26, up from 98 days in FY21. It spent ₹216 Cr on assets over the last 3 years. At FY26 sales of ₹3,757 Cr, each day of that cycle ties up about ₹10.3 Cr, so roughly ₹1,081 Cr is tied up in the business at any time. Spending on assets: ₹216 Cr over the last 3 years, against ₹298 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Tata Elxsi's P/E ratio, and how does it compare with its own history? Tata Elxsi Ltd's P/E is 32.5×, in the middle of its own history: higher than 39% of past readings. Its usual P/E (the middle reading) is 45.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹107.56. Why the multiple is where it is: over the past year earnings per share moved −20.0% while the price moved −27.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −9.6% a year; about +9.4% a year came from earnings growth and about −19.0 percentage points from the multiple (the market paying less); over 10 years the price moved +19.7% a year; about +15.6% a year came from earnings growth and about +4.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Tata Elxsi business getting better or worse? Tata Elxsi Ltd's business is turning around. Profit growth has swung from −19.9% at its low to +0.0%, improving for 2 quarters in a row, with ROCE steady at 30.3%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Tata Elxsi earn on its capital? Tata Elxsi Ltd earned a ROCE of 30% in FY26. That is up from a low of 16% in FY11. Its return on capital used (ROIC) is 30.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 16.7% net margin and 0.95× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 16.7% net margin × 0.95× asset turnover × 1.30× leverage (assets divided by equity) ≈ 20.6% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 42.8% − 12.0% = +30.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 42.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 39.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Tata Elxsi have too much debt? Tata Elxsi Ltd has total debt of ₹143 Cr against shareholder equity of ₹2,913 Cr as of Sep 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.09 in FY22 to 0.05 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Tata Elxsi shareholding pattern? Foreign institutions cut their stake in Tata Elxsi Ltd by 5.7 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 8.0% of the company. Domestic institutions moved +2.6 points over the same period, to 10.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −5.7 points over 8 quarters, to 8.0%; Domestic institutions: +2.6 points over 8 quarters, to 10.0%; Promoters: +0.0 points over 8 quarters, to 43.9%. Why the owners changed: foreign institutions moved −5.7 points and domestic institutions +2.6 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Tata Elxsi from balance-sheet trouble? For Tata Elxsi Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Tata Elxsi rank in its industry? 45.7 out of 100, rank 5 of 8 in IT - ER&D, with 100% of the evidence available. Tata Elxsi Ltd scores 45.7 out of 100 against the 8 companies it is compared with in IT - ER&D, ranking 5. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. The four parts add up to the total exactly: 16.7 + 18.4 + 6.7 + 3.9 = 45.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Tata Elxsi compared with? Tata Elxsi ranks 5 of 8 IT - ER&D companies on the 4-Factor Sector Score, with 45.7 out of 100. 1. [Onward Technologies Ltd](https://www.sectoralpha.in/stocks/onward-technologies-ltd) ONWARDTEC · leader · Most evidence points up · 78% evidence 70.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 13.2% · Profit 17.1% · Operating margin change 2 points · 100% evidence Capital efficiency 15.6/25 · ROCE 22.9% · Operating margin 16% · 100% evidence Valuation 16.5/20 · P/E 17.1× · PEG 0.38 · 65% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 41.1% · 1 year 26.5% · 25% evidence · 10 of 12 weeks ahead Exact sum: 26 + 15.6 + 16.5 + 12.5 = 70.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [TAAL Tech Ltd](https://www.sectoralpha.in/stocks/taal-tech-ltd) TAALTECH · leader · Evidence leans up · 81% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 18.6% · Profit 19.2% · Operating margin change 1 points · 88% evidence Capital efficiency 17.6/25 · ROCE 27.5% · Operating margin 34% · 100% evidence Valuation 11.7/20 · P/E 20.9× · PEG 1.13 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 24.3% · 1 year 31.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 20.9 + 17.6 + 11.7 + 12 = 62.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [L&T Technology Services Ltd](https://www.sectoralpha.in/stocks/l-t-technology-services-ltd) LTTS · breaking out · Evidence leans up · 85% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue 9.2% · Profit 20.9% · Operating margin change 2 points · 100% evidence Capital efficiency 15.7/25 · ROCE 26.7% · Operating margin 19% · 100% evidence Valuation 7.1/20 · P/E 32.6× · PEG 2.86 · 100% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 22.7% · 1 year 3.9% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.7 + 15.7 + 7.1 + 11.6 = 61.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Persistent Systems Ltd](https://www.sectoralpha.in/stocks/persistent-systems-ltd) PERSISTENT · leader · Evidence leans up · 100% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 27.1% · Profit 8.3% · Operating margin change -5 points · 100% evidence Capital efficiency 18.9/25 · ROCE 34.4% · Operating margin 14% · 100% evidence Valuation 8.6/20 · P/E 53.6× · PEG 1.46 · 100% evidence Relative strength 9.8/20 · Lead over its industry 2.4% · Lead over NIFTY 500 15.6% · 1 year 2.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17.9 + 18.9 + 8.6 + 9.8 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Tata Elxsi Ltd this page TATAELXSI · turning · Evidence leans down · 100% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue 10% · Profit 0% · Operating margin change 1 points · 100% evidence Capital efficiency 18.4/25 · ROCE 30% · Operating margin 22% · 100% evidence Valuation 6.7/20 · P/E 32.8× · PEG 5.23 · 100% evidence Relative strength 3.9/20 · Lead over its industry -18.6% · Lead over NIFTY 500 -7.9% · 1 year -30.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 16.7 + 18.4 + 6.7 + 3.9 = 45.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 6. [Tata Technologies Ltd](https://www.sectoralpha.in/stocks/tata-technologies-ltd) TATATECH · quiet · Evidence leans down · 85% evidence 40.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue 21.9% · Profit -18.9% · Operating margin change 0 points · 100% evidence Capital efficiency 11.0/25 · ROCE 20.9% · Operating margin 16% · 100% evidence Valuation 5.9/20 · P/E 40× · PEG 7.27 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 0.4% · 1 year -6.5% · 25% evidence · 3 of 12 weeks ahead Exact sum: 14 + 11 + 5.9 + 9.4 = 40.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Cyient Ltd](https://www.sectoralpha.in/stocks/cyient-ltd) CYIENT · breaking out · Evidence leans down · 67% evidence 37.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 10.3% · Profit -34.2% · Operating margin change 2 points · 95% evidence Capital efficiency 7.8/25 · ROCE 12.3% · Operating margin 14% · 76% evidence Valuation 6.8/20 · P/E 30.6× · PEG n/a · 50% evidence Relative strength 11.1/20 · Lead over its industry n/a · Lead over NIFTY 500 19.5% · 1 year -2.4% · 25% evidence · 10 of 12 weeks ahead Exact sum: 12.2 + 7.8 + 6.8 + 11.1 = 37.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [KPIT Technologies Ltd](https://www.sectoralpha.in/stocks/kpit-technologies-ltd) KPITTECH · basing · Evidence leans down · 85% evidence 37.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.6/35 · Revenue 9.2% · Profit -31.1% · Operating margin change -3 points · 100% evidence Capital efficiency 15.5/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 9.4/20 · P/E 25.2× · PEG 6.64 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -29.4% · 1 year -54.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 4.6 + 15.5 + 9.4 + 7.5 = 37 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - ER&D](https://www.sectoralpha.in/sectors/it-er-d), all 8 compared on one page. ## Which companies are close to Tata Elxsi in size? Tata Elxsi is the 4th largest of 8 IT - ER&D companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Persistent Systems, L&T Technology Services and Tata Technologies. Just below it: KPIT Technologies, Cyient and TAAL Tech. ### IT - ER&D companies close in size

1. [Persistent Systems Ltd](https://www.sectoralpha.in/stocks/persistent-systems-ltd) ₹1,00,296 crore
2. [L&T Technology Services Ltd](https://www.sectoralpha.in/stocks/l-t-technology-services-ltd) ₹45,411 crore
3. [Tata Technologies Ltd](https://www.sectoralpha.in/stocks/tata-technologies-ltd) ₹26,276 crore
4. Tata Elxsi Ltd ₹23,614 crore
5. [KPIT Technologies Ltd](https://www.sectoralpha.in/stocks/kpit-technologies-ltd) ₹14,536 crore
6. [Cyient Ltd](https://www.sectoralpha.in/stocks/cyient-ltd) ₹12,615 crore
7. [TAAL Tech Ltd](https://www.sectoralpha.in/stocks/taal-tech-ltd) ₹1,298 crore

[All 8 IT - ER&D companies, largest first](https://www.sectoralpha.in/sectors/it-er-d#all-companies)

### Companies close in size in other industries

1. [Sun TV Network Ltd](https://www.sectoralpha.in/stocks/sun-tv-network-ltd) ₹23,943 crore · Entertainment & Media
2. [ZF Commercial Vehicle Control System India Ltd](https://www.sectoralpha.in/stocks/zf-commercial-vehicle-control-system-india-ltd) ₹23,916 crore · Auto Ancillaries - Diversified
3. Tata Elxsi Ltd ₹23,614 crore
4. [Urban Company Ltd](https://www.sectoralpha.in/stocks/urban-company-ltd) ₹23,566 crore · E-Commerce - Platform - Utility
5. [Milky Mist Dairy Food Ltd](https://www.sectoralpha.in/stocks/milky-mist-dairy-food-ltd) ₹23,561 crore

## What else do people ask about Tata Elxsi? ### What is Tata Elxsi's share price today? Tata Elxsi Ltd's share price is ₹3,755.00, −27.5% over the past year. The whole company is worth ₹23,396 Cr on the market. In the last 52 weeks it traded between ₹3,093 to ₹5,691; today it is 25% of the way up from the low, 8.1% below its 200-day average (as of 4 November 2026). ### What were Tata Elxsi's latest quarterly results? Tata Elxsi Ltd reported revenue of ₹1,056 Cr and net profit of ₹170 Cr for the Sep 2026 quarter. Revenue rose 15.0% and profit rose 9.7% compared with a year earlier. Earnings per share were ₹27.33. The operating margin was 22.0%, 1.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Tata Elxsi's market cap? Tata Elxsi Ltd's market capitalisation is ₹23,396 Cr at a share price of ₹3,755.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Tata Elxsi performing? Tata Elxsi Ltd's share price has been falling for 65 weeks. In its latest quarter, revenue rose 15.0% and profit rose 9.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 4 weeks running (as of 4 November 2026). ### Will Tata Elxsi's share price go up? This page does not forecast Tata Elxsi Ltd's share price. What it shows instead: the share price is ₹3,755.00, and it has been falling for 65 weeks. Its P/E of 32.5× is higher than 39% of its own last 11 years (as of 4 November 2026). ### Who owns Tata Elxsi? Promoters own 43.9% of Tata Elxsi Ltd, foreign institutions 8.0%, domestic institutions 10.0% and the public 38.1% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 5.7 percentage points over 8 quarters (as of 4 November 2026). ### Does Tata Elxsi have too much debt? No, Tata Elxsi Ltd has little debt: its debt is 0.05× its equity, and its operating profit is 47 times its interest bill. FY26 borrowings were ₹162 Cr against equity of ₹3,041 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Tata Elxsi in its business cycle? Tata Elxsi Ltd's FY26 operating margin was 23.0%, against a 19-year range of 11.0% to 31.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 22.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Tata Elxsi story? The main question: foreign institutions moved −5.7 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Tata Elxsi a stock worth studying right now? What the numbers show: Tata Elxsi Ltd's share price has fallen more than its earnings. Earnings per share fell 20.0% in a year while the price moved −27.5%. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Tata Elxsi share price forecast for 2026? What management itself guided: H2 growth to be sustained. ## Lists

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