Tata Elxsi's astounding profit growth - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Tata Elxsi's astounding profit growth

Nov 3, 2000

Tata Elxsi Limited, a leading player in systems integration and design & development, has recorded encouraging results for the quarter ended September 2000. The profits have climbed up considerably due to value added services provided by the company to its domestic customers. During the quarter software revenues contributed 38% to total revenues (22% in 2QFY00). Software business of the company has shown more than 100% growth compared to corresponding previous quarter.

(Rs m) 2QFY00 2QFY01 Change
Sales 305 325 6.4%
Other Income 2 1 -54.0%
Expenditure 280 269 -3.7%
Operating Profit (EBDIT) 26 56 117.5%
Operating Profit Margin (%) 8.4% 17.1%  
Interest 8 9 12.1%
Depreciation 11 13 20.6%
Profit before Tax 9 35 304.6%
Other Adjustments      
Tax 1 5 261.9%
Profit after Tax/(Loss) 7 30 312.3%
Net profit margin (%) 2.4% 9.2%  
No. of Shares (eoy) (m) 31.1 31.1  
Diluted Earnings per share* 0.9 3.8  
P/E (at current price) 102 25  
*(annualised)      

The company has received major orders from Japan, and is expanding its business in USA and Europe. It has a wide base of clientele which includes Hitachi, Epson, Intel, Alcatel, Epson and Computer Associates.

At the current market price of Rs 95 Tata Elxsi is trading at a P/E of 25 times its 2QFY01 annualised earnings.


Equitymaster requests your view! Post a comment on "Tata Elxsi's astounding profit growth". Click here!

  

More Views on News

TATA ELXSI Announces Quarterly Results (4QFY20); Net Profit Up 15.1% (Quarterly Result Update)

Apr 22, 2020 | Updated on Apr 22, 2020

For the quarter ended March 2020, TATA ELXSI has posted a net profit of Rs 821 m (up 15.1% YoY). Sales on the other hand came in at Rs 4 bn (up 8.3% YoY). Read on for a complete analysis of TATA ELXSI's quarterly results.

TATA ELXSI Announces Quarterly Results (3QFY20); Net Profit Up 14.3% (Quarterly Result Update)

Jan 13, 2020 | Updated on Jan 13, 2020

For the quarter ended December 2019, TATA ELXSI has posted a net profit of Rs 754 m (up 14.3% YoY). Sales on the other hand came in at Rs 4 bn (up 4.0% YoY). Read on for a complete analysis of TATA ELXSI's quarterly results.

More Views on News

Most Popular

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

My Top Stock to Buy in this Market Selloff (Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

Can the Nifty Fall to 10,200? (Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

TATA ELXSI SHARE PRICE


Sep 28, 2020 (Close)

TRACK TATA ELXSI

  • Track your investment in TATA ELXSI with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

TATA ELXSI - ECLERX SERVICES COMPARISON

COMPARE TATA ELXSI WITH

MARKET STATS