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Tata Elxsi Ltd.

BSE: 500408 Sector: IT
NSE: TATAELXSI ISIN Code: INE670A01012
BSE 00:00 | 24 Apr 2020 Tata Elxsi Ltd
NSE 05:30 | 01 Jan 1970 Tata Elxsi Ltd

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OPEN 728.15
PREVIOUS CLOSE 723.65
VOLUME 37859
52-Week high 1098.75
52-Week low 501.00
P/E 18.25
Mkt Cap.(Rs cr) 4,674
Buy Price 750.45
Buy Qty 60.00
Sell Price 756.45
Sell Qty 5.00
OPEN 728.15
CLOSE 723.65
VOLUME 37859
52-Week high 1098.75
52-Week low 501.00
P/E 18.25
Mkt Cap.(Rs cr) 4,674
Buy Price 750.45
Buy Qty 60.00
Sell Price 756.45
Sell Qty 5.00

Tata Elxsi Ltd. (TATAELXSI) - Chairman Speech


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Company chairman speech

Dear Shareholder

Your Company has performed well in its strategic growth areas in FY18-19 reporting 15% growth in total income and 19% growth in profit before tax ascompared to FY 17-18.

During the year under review your Company continued its momentum ofgrowth despite geopolitical uncertainties and considerable headwinds in certainindustries. Globally we are witnessing an exponential increase in the technologicalcomplexity required to develop and deliver new products and services. In addition digitaltechnologies like IoT (Internet of Things) Artificial Intelligence Virtual Reality andCloud-based applications are being integrated into consumer contexts services andproducts. These are creating new opportunities to drive operational efficiency reducecosts deliver new services to consumers and enable new streams of revenues for ourcustomers.

Your Company brings unique capabilities of design and technology thatallow an organization to look at digital the right way – not just to infusetechnology or obtain incremental operational efficiency gains but rather atransformational opportunity to relook at the entire delivery of the service andexperience – including customer experience but also encompassing processesoperations and the people responsible for delivering the experience.

Our integrated Design + Digital technology teams help enterprisesreimagine their products and services - from strategy insights and service design totechnology implementation integration and interaction design. The automotive industry isundergoing a transformation to next-generation mobility systems that are electrifiedautonomous shared and connected. Your Company brings together its Design + Digitalcapabilities to help OEMs and suppliers realize the future of autonomous connected andelectric vehicles.

With the increased penetration of high-speed internet smart devicesand content the borders between entertainment media and telecommunications havedissolved. New services such as smart connected homes and OTT are creating new revenueopportunities for operators and broadcasters. Your Company works with leading broadcastersand operators and consumer electronics companies to create solutions for smarter livingengaged entertainment and a digital future driven by IoT analytics and artificialintelligence.

In the healthcare industry your Company is enabling better healthcarethrough connected devices and digital technologies enhancing patient care therebyreducing costs for healthcare service providers as well as patients.

We will continue to invest in technology people and processes as wefocus on building competencies in digital technologies and integrated design servicecapabilities to help our customers deliver innovation and enhanced consumer experience.Your Company continually endeavours to stay ahead of the technology curve by buildingcapabilities and solutions to meet the current and future needs of our customers.

I am pleased to inform you that our Board of Directors has recommendeda final dividend of Rs. 13.50 per share. On behalf of the entire Board of Directors andthe management team I would like to thank you for your continued trust and support.

N G Subramaniam


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