Earnings Alerts

Tata Elxsi Ltd (TELX) Earnings: 1Q Net Income Falls Short of Estimates

  • Tata Elxsi’s net income for the first quarter is 1.84 billion rupees.
  • This is a decline of 2.6% year-over-year (y/y).
  • The market estimate for net income was 1.98 billion rupees.
  • Revenue for the quarter is 9.26 billion rupees.
  • This represents a growth of 8.9% y/y.
  • The market estimate for revenue was 9.22 billion rupees.
  • Total costs for the quarter are 7.06 billion rupees.
  • Total costs have increased by 13% y/y.
  • Analyst recommendations: 5 buys, 0 holds, 8 sells.

A look at Tata Elxsi Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
Momentum2
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts studying Tata Elxsi Ltd using the Smartkarma Smart Scores have identified positive indicators for the company’s long-term outlook. With a solid score of 4 for both Dividend and Growth, Tata Elxsi Ltd is demonstrating strong potential for returns and expansion. Additionally, the company scored a perfect 5 for Resilience, indicating a robust ability to withstand market fluctuations, which bodes well for its stability over time. Despite lower scores in Value and Momentum at 2, the overall outlook for Tata Elxsi Ltd appears promising based on these key factors.

Tata Elxsi Limited, known for manufacturing computers and workstations, is also involved in providing system design, software development, and integration services across various industries. With a diverse client base that spans automotive, metals, finance, IT & Communications, and more, Tata Elxsi Ltd has positioned itself as a versatile player in the technology sector. The company’s favorable Smart Scores in Dividend, Growth, and Resilience highlight its potential for sustained performance and growth in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars