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Tata Elxsi Limited is a global design-led, technology services company established in 1989. It focusses on engineering the next generation products and digital experiences.

With its roots in Silicon Valley and a strong foundation in electronics and software engineering, the company has built a distinctive positioning in ER&D for 30+ years.

With a deliberate focus on select key verticals, including Transportation, Media & Communications, and Healthcare & Lifesciences, Tata Elxsi has helped build deep domain expertise, long-standing global client relationships, and scalable delivery models. Today, Tata Elxsi combines design-led engineering with advanced digital capabilities such as Artificial Intelligence, Cloud, Cybersecurity, IoT and Extended Reality to support customers in building software-defined, connected, and intelligent products.

Backed by the Tata Group’s values of trust, integrity, and long-term orientation, Tata Elxsi continues to partner with global enterprises to accelerate innovation, enhance competitiveness, and deliver sustainable value.

Highlights of the Year

Automotive, Transportation & Mobility

Strategic OEM Partnerships

  • Established a strategic partnership with Mercedes-Benz Research and Development India (MBRDI) focused on vehicle engineering and Software Defined Vehicle (SDV) development.
  • Set up an exclusive Cloud HIL Center in Thiruvananthapuram for Suzuki Motor Corporation. This is the second engineering center under the Tata Elxsi–Suzuki partnership, following the Offshore Development Center in Pune.
  • Secured a landmark SDV engineering deal with a major European automotive manufacturer.
  • Won a multi-year engagement with a leading Japanese OEM for advanced system design and simulation.
  • Signed a multi-million, multi-year deal with a new-age APAC automotive company to implement connected platforms for next-generation electric vehicles, covering platform design, integration, lifecycle support, and end-to-end ownership.
  • Entered into a strategic engagement with a U.S.-based autonomous mobility services provider to plan and train autonomous systems for expansion of robotaxi services across multiple cities.

Expansion into High-Growth Adjacencies

Off-Highway

  • Won a programme for a next-generation off-road vehicle platform featuring ADAS capabilities including auto-parking and platooning.
  • Secured a multi-million-dollar turnkey programme with a U.S. off-highway OEM for an operator information and control system integrating system engineering and HMI design.
  • Selected by a global agricultural machinery manufacturer to power next-generation connected tractors using the TETHER platform.

Aerospace & Defence

  • Awarded a programme by a U.S. aerospace supplier to develop turnkey airport guidance systems.
  • Continued support to the Indian Space Research Organisation (ISRO) for the Gaganyaan mission programme.

Rail Infrastructure

  • Partnered with NOVA Control Tecnologix to co-develop Kavach 4.0, an advanced railway safety system.
  • Developed a next-generation drone-based rail inspection system for a leading North American rail operator.

Recognition

  • Secured First Prize, jointly with Tata Motors, at the Tata InnFuze Challenge 2025 for the “Virtual Sensors” innovation, enabling virtualisation-led acceleration of automotive development.

Healthcare & Life Sciences

  • Secured strategic wins with a leading European MedTech multinational to deliver regulatory workflow transformation through AI, GenAI and automation.
  • Established a Global Technology Centre for Bayer focused on radiology and advanced diagnostics.
  • Selected by a U.S. healthcare leader to develop a next-generation drug preparation system that transforms critical illness treatment workflows.
  • Inaugurated an Offshore Development Center in Pune for Terumo Corporation focused on cardiac and vascular solutions.
  • Won a strategic engagement with a global pharma and biotech leader for a connected device portfolio supporting radioactive pharmaceutical infusion for molecular imaging and cancer detection.
  • Partnered with the University of Illinois Urbana-Champaign and OSF HealthCare on AI-led rural healthcare initiatives in the United States.
  • Collaborated with ECOSEP to apply AI across sports medicine, including diagnostics, personalised treatment, injury prediction and athlete health monitoring.

Media, Communications & Technology

  • Selected by a U.S.-headquartered media company to implement a unified media rights intelligence platform for managing fragmented media ecosystems.
  • Partnering with a leading EMEA broadcaster to develop a digital-first news, lifestyle and entertainment platform combining design and GenAI-led engineering capabilities.
  • Secured a multi-million-dollar digital design engagement with a U.S. technology company for next-generation AI-led product development.
  • Chosen as a strategic partner by a leading European telecom operator for a multi-year autonomous network transformation programme powered by the NEURON platform.
  • Working with a leading Tier-1 U.S. telecom operator to develop an ESG-compliant platform focused on Scope 3 supply-chain emissions management.
  • Partnered with Kavia AI to accelerate GenAI-powered software development lifecycle automation across enterprise engineering environments.
  • Selected by a global video and broadband CPE leader for platform engineering and maintenance across video and broadband product portfolios.
  • Won the “Best in Linear Distribution” award at the BroadcastPro Middle East Manufacturer Awards 2025 for MBCNow.

Recognition

  • Recognised by Dell Technologies with the “ISG Field Support Partner of the Year” award for excellence in infrastructure services, consulting and systems integration, reinforcing Tata Elxsi’s capabilities across enterprise technology and high-tech ecosystems. 

Financial Highlights FY26

Source: Tata Elxsi Investors

No. Label 2025-26 (Rs crore)
1 Revenue from Operations 3,757
2 EBITDA 847
3 PBT 825
4 PAT 628

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1 BSE Price ( )
2 NSE Price ( )

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