One of Tata Group’s standout companies, Tata Elxsi, is all set to be in the spotlight this week. The global design and technology services firm will declare its Q4 earnings and potentially a final dividend for FY25 on Thursday, April 17.
As per its regulatory filing, the board meeting will not only review the March quarter results but also consider recommending a dividend.
As per the regulatory filing, the company on April 8 said , “…we hereby inform you that a meeting of the Board of Directors of Tata Elxsi Limited (‘the Company’) will be held on Thursday, April 17, 2025, inter alia, to consider: 1. The Audited Financial Results of the Company for the quarter and year ended March 31, 2025.”
A history of dividends
Tata Elxsi has been a steady performer when it comes to rewarding shareholders. In fact, FY24 saw the company dole out its highest ever final dividend of Rs 70 per share. That followed Rs 60.60 in 2023, Rs 42.50 in 2022, and Rs 24 in 2021, all on shares with a face value of Rs 10.
Currently, the dividend yield stands at 1.47%, as per BSE data. The record date for the upcoming dividend has not been announced yet, but it is expected to be unveiled alongside the Q4 numbers.
Tata Elxsi stock performance: Rough ride
Tata Elxsi’s share price has been under considerable pressure in recent times. In the last five trading sessions alone, the stock has slipped around 8%, while over the past month, it has declined by 10%.
The six-month and one-year charts tell a similar story, with the stock tumbling by a sharp 37%. Even in 2025 so far, on a year-to-date basis, Tata Elxsi has shed about 30% of its value. From its 52-week high of Rs 9,080, the stock is now hovering close to its 52-week low of Rs 4,700.
What does Tata Elxsi actually do?
Tata Elxsi is not just a regular IT services firm. It operates at the cutting edge of design and technology, offering solutions which include automotive engineering, media and broadcasting, healthcare and mobility, and embedded systems and product design.