Tata Elxsi Limited
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BSE Code:
500408
NSE Code:
TATAELXSI
Business Profile
Business Profile
Tata Elxsi (TATAELXSI) is engaged in hardware and software development, industrial design and mechanical engineering, 3D animation, visual effects and systems integration. It caters to industries like automotive, aviation, bioinformatics, consumer electronics, entertainment, FMCG and media. It is also associated with companies like Veritas, Silicon Graphics, Intel and Microsoft, among others.
Tata Elxsi was incorporated in 1989 as a joint venture between Tata Industries and Tata Elxsi, Singapore to manufacture multi-processor based computer systems and components.
The company has been in product design services since its inception. The 100,000-sq. ft. development center in Bangalore provides design services for both hardware and software. 20% of its personnel are Masters/Ph.D companies like CISCO, TI, Motorola, Hitachi, Canon, ..etc. are its clients. The company provides services for tool design, industrial design, graphic design and mechanical engineering. It has diversified into providing services in 2D and 3D graphics, animation, special effects and games. The company is one of the oldest systems integration services provider in India and develops total integrated solutions in areas of design, visualization, computer infrastructure and storage systems.
The company is also aspiring for a bigger pie of the animation industry. It is working on a number of Hollywood projects and has also auditioned for picture houses like Warner Brothers and Walt Disney. It also worked on a 3D presentation directed by Steven Spielberg. The company also intends to leverage its expertise in areas like games, visual effects and simulation.
Financials
Tata Elxsi registered a 38.77% growth in net profits to Rs 160.36 million for the quarter ended March, 2007 from a profit of Rs 115.56 million in the same quarter of last year. Net sales for the quarter rose 25.58% to Rs 891.30 million for the quarter ended March, 2007 from Rs 709.72 million in the same quarter of last year, while the total income rose 25.41% to Rs 892.01 million for the quarter ended March, 2007, from Rs 711.28 million in the corresponding quarter of last year. The earnings per share (EPS) of the company stood at Rs 5.15 in the quarter ended March, 2007.
Recent Developments
07-DEC-07
Tata Elxsi, engaged in hardware & software development, announced the formation of a 100% subsidiary in Singapore for the purpose of software development and trading in computer hardware / software.
13-APR-07
To tap the anticipated boom in broadcast technologies, Tata Elxsi lined up product designs to equip companies to broadcast content over various media. The product designs will enable IPTV access on any end user equipment, WiMAX access on mobile and Mobile TV broadcast.