Tata Elxsi dividend 2026: Board recommends final dividend of ₹75 per share; check key Q4 numbers

The dividend is subject to approval by the shareholders of the company at the upcoming Annual General Meeting (AGM).

Dividend details

Highlights of Q4 FY26 results

• Revenues from operations at ₹993.8 crore, compared to ₹953.5 crore in Q3 '26, an upside of 4.22%.

• EBITDA at ₹244.6 crore, growing 10% QoQ*; EBITDA margin stood at 24.6%.

• Profit Before Tax (PBT) at ₹267.8 crore, growing 10.7% QoQ* and 20.9% YoY; PBT margin at 25.6%

• Profit After Tax (PAT) at ₹220.4 crore, growing 23.1% QoQ* and 27.8% YoY; PAT margin at 21.1%.

What the management said

Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance in the fourth quarter of FY '26, said, 'For the fourth quarter of FY '26, Tata Elxsi reported operating revenue of ₹993.8 crore and PBT margin at 25.6%. We ended FY '26 with a revenue of ₹3,757.4 crore and a PBT margin of 23.4%."

The company registered a healthy QoQ growth of 4.2%.

Media & Communications business

“Our Media & Communications business, which accounted for 32.7% of revenue during the quarter, registered a strong growth of 5.6% QoQ in constant currency terms over the previous quarter.”

This growth was led by continued deal ramp-ups, a strategic deal for AdTech, and a Tier 1 US Telco win.

In the quarter, “we also won a multi-year large deal from a world-leading device OEM for its portfolio of video and broadband products. This strategic deal reinforces Tata Elxsi’s position as a global leader in device engineering for media and telecom,” the CEO said.

Transportation business

In the transportation business, while its revenue in Q4 '26 consolidated after a strong 7.3% QoQ constant currency in Q3 '26, “we are delighted with two strategic wins – one in the APAC region from a new-age OEM and another from the US from a next-generation mobility services company.”

These multi-year deals underscore the pivot towards SDV and OEM business, with OEM business now representing 77% of overall revenues for the company’s transportation business, Raghavan said in its earnings release.

Comments on FY26 performance

During FY '26, Tata Elxsi said it accelerated its enterprise-wide GenAI adoption, marked by the launch of DevStudio.ai and partnerships with leading AI companies, to embed AI responsibly across engineering, design, and delivery.

With strong governance around data security, IP protection, and compliance, these initiatives are scaling beyond pilots to deliver measurable productivity gains, faster time-to-market, and improved customer outcomes.

“By combining domain-led AI, talent enablement, and platform-based accelerators, Tata Elxsi is strengthening its innovation quotient, long-term competitiveness, depth of client engagements, and margin expansion,” it said.

Closing comments

The company said, “We closed the financial year with a consistent performance, reflecting improved execution, disciplined cost management, and continued confidence from our global customers. Growth traction across our core verticals, supported by increasing large deal wins, strong customer additions, and sustained investments in AI-led platforms and digital engineering, positions us well for the year and beyond.”

“As we enter the next financial year, we remain focused on scaling our differentiated design-led and AI-enabled offerings, strengthening operational leverage, and driving sustainable growth and healthy margins,” Tata Elxsi said.