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Incorporated in 1989, Tata Elxsi is a global design and technology services leader for Automotive, Media, Communications and Healthcare

Tata Elxsi helps customers reimagine their products and services through design thinking and application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality, and Artificial Intelligence.

Tata Elxsi has presence across the globe at more than 35 locations in 15 countries. It provides Design-led digital engineering, technology development, testing, and systems integration services. It’s deep domain expertise combined with over 30 years of technology and product development experience helps global brands differentiate and win in the market.

Tata Elxsi has a leadership position in its chosen verticals of Media & Communications, Healthcare & Pharma and Transportation.

Tata Elxsi is listed on the National Stock Exchange, NSE (TATAELXSI) and the BSE (500408).

Business Highlights

Projects, Alliances and Collaborations

Transportation

  • Collaborated with IIT-Guwahati for EV technologies, focusing on problems such as digital analysis of electrical signature data for traction motors
  • Partnership with Cultos Global for integrating its blockchain mechanism with its TETHER connected vehicle platform, introducing a driver reward through a high-trust and high-privacy blockchain model
  • Joined eSync Alliance to help standardize and accelerate OTA initiatives, hence accelerating the industry shift towards SDV
  • Collaborated with Indian Institute of Science (IISc) for Automotive cybersecurity Solutions using AI and ML-based intrusion detection
  • Partnership with NIT-Kozhikode to establish state-of-theart laboratory for EV technologies

Media and Communications

  • Strategic alliance with Ateme, a global leader in video compression, delivery, and streaming solutions to deliver a pre-integrated FAST (Free Ad-Supported Television) channel deployment solution
  • Partnership with Accuknox, the developer of NIMBUS, a state-of-the-art cloud-native security solution for advancement in network transformation and security, offering operators a comprehensive solution for building and securing autonomous networks
  • Tata Elxsi collaborates with Telefónica in the domain of automation of cloud infrastructure for telecommunication, integrating ETSI OSM with Tata Elxsi’s NEURON for unprecedented agility
  • Partnership with INVIDI to develop targeted advertising solutions and create new revenue streams for enterprises

Healthcare and Life Sciences

  • Partnership with BrainChip for driving Akida technology into medical devices and industrial applications leveraging its superior AI performance on the edge

Key Wins

Transportation

  • Established strategic partnership with a global automotive OEM for software development in the SDV domain
  • Selected as a strategic innovation and development partner for the advancement of next-generation EV and on-board systems by a leading European automotive supplier
  • Awarded a multi-year, multi-million-dollar contract for the design and development of Level 3+ autonomous driving systems for passenger vehicles by a US automotive Tier 1

Media and Communication

  • Selected as a strategic partner for transforming video services across several LATAM countries for a multi-country telecom operator
  • Tata Elxsi’s 5G Orchestrator and Service Automation Suite has been selected by a leading Telco for its upcoming network rollout and deployment
  • Bagged a large product engineering consolidation deal for a leading MSO in North America, leveraging unmatched offshore execution capability and AI to improve efficiency

Healthcare and Life Sciences

  • Multi-year deal for innovation and re-engineering of a critical care device platform targeting emerging markets, from a European leader
  • Design-led New Product Development (NPD) deal from a Global Healthcare Company to innovate a new line of next-gen Smart Hospital equipment
  • Implementing a multi-year regulatory workflow transformation program by a European medical device OEM. This engagement leverages AI to significantly enhance quality of outcome and efficiency of workflows

Other Key Projects, Awards and Achievements

  • Partnered with Indian Space Research Organisation (ISRO) for design and development of Crew Module Recovery Models for Gaganyaan mission
  • Designed an Experience Centre for Tata Chemicals, enabling interactive and captivating walk-through showcasing its achievements, product portfolios and services, thereby facilitating strategic conversations and nurturing long-term relationships
  • Revolutionised workplace tea experiences with an IoT-enabled Tea Vending Machine for Chaayos, Aha! With 50 flavours, smart brewing tech, and sustainability features, winning the iF Design Award 2024
  • Tata Elxsi has been awarded Platinum Winner for the ‘Best Network Orchestration Solution in TELCO’ at the Future Digital Award by Juniper Research for its groundbreaking network automation product – NEURON.
  • Tata Elxsi and Tata Motors jointly received the esteemed German Design Award 2024 for Gen 3 HMI design, for excellence in product design in the Human-Machine Interface category
  • NEURON Autonomous Network Platform, honoured as Product of the Year at the Industry DevOps Awards 2023 in London. NEURON empowers operators to effectively deploy and operate 4G/5G networks while embracing the transformative power of Automation and AI.
  • Recognised as one of the ‘Top 50 Innovative Companies of 2023’ by the Confederation of Indian Industry (CII) for our innovation across various sectors, including Industry 4.0, AI Accelerators, and Robotics in Healthcare.
  • The Sports and Entertainment OTT Experience solution developed by Tata Elxsi won the iF Design Award in User Experience Design. This solution offers synchronised real-time data and user controls, enabling a seamless premium sports viewing experience. It streamlines multiple products into one platform, fostering brand loyalty and user engagement through AI-powered immersive ads and innovative monetisation opportunities

Financial Highlights FY24

Source: Tata Elxsi Investors

No. Label 2023-24 (Rs crore)
1 Operating Revenue 3,552
2 EBITDA 1,046
3 EBIT 947
4 PAT 792

Live Stock Data

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1 BSE Price ( )
2 NSE Price ( )

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