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Tata Elxsi Ltd.

BSE: 500408 Sector: IT
NSE: TATAELXSI ISIN Code: INE670A01012
BSE 00:00 | 26 Apr 1217.15 -11.15
(-0.91%)
OPEN

1232.05

HIGH

1257.25

LOW

1196.80

NSE 00:00 | 26 Apr 1217.35 -11.20
(-0.91%)
OPEN

1230.00

HIGH

1259.90

LOW

1199.10

OPEN 1232.05
PREVIOUS CLOSE 1228.30
VOLUME 223220
52-Week high 1257.25
52-Week low 643.75
P/E 35.55
Mkt Cap.(Rs cr) 7,580
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1232.05
CLOSE 1228.30
VOLUME 223220
52-Week high 1257.25
52-Week low 643.75
P/E 35.55
Mkt Cap.(Rs cr) 7,580
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tata Elxsi Ltd. (TATAELXSI) - Chairman Speech

Company chairman speech

Dear Shareholder

Your company delivered a strong performance across its business segments in FY16-17reporting a 15% growth in total income and a 11% growth in PBT as compared to FY15-16.This growth has been achieved despite considerable headwinds in the business environmentand adverse currency volatility in major currencies. Your company is in a growth industrywhere the demand for design and technology services continue to expand. Consumers aredemanding simpler meaningful experiences from products and services and businesses willneed to humanize the complexity of underlying technologies and make them easy and simpleto use.

This has clearly put Experience as the distinctive di3erentiator which places Design atthe forefront of every product and service delivered or consumed. Internet of Things (IoT)and Virtual Reality will further enable businesses to innovate completely new products andservices. Our integrated Design and Technology capability enables customers to reimaginetheir products and services. From understanding end-consumers and their needs todelivering an exceptional experience by harmonizing not just form and function but alsothe physical and digital aspects your company is well placed to serve the needs forbrands and businesses to drive customer delight and sustainable growth. The talent andintellect of the employees of your company are well respected by our customers. Needlessto state that your company’s performance during FY16-17 is largely due to theextraordinary commitment and passion of each and every one of the diverse and global poolof employees of your company.

We will continue to invest in new technology areas building our talent pool andcontinuous skill development to enhance our service capability and the value delivered toour customers.

On behalf of the entire Board of Directors and the management team I would like tothank you for your continued support and encouragement. I am pleased to inform you thatour Board of Directors has recommended a final dividend of Rs.16 per share the highestshareholder return in the history of your Company.

N G Subramaniam