Tata Elxsi Ltd
NSE:TATAELXSI
Income Statement
Earnings Waterfall
Tata Elxsi Ltd
Revenue
|
34.8B
INR
|
Cost of Revenue
|
-2.1B
INR
|
Gross Profit
|
32.8B
INR
|
Operating Expenses
|
-23.3B
INR
|
Operating Income
|
9.4B
INR
|
Other Expenses
|
-1.5B
INR
|
Net Income
|
8B
INR
|
Income Statement
Tata Elxsi Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
7 267
N/A
|
7 748
+7%
|
7 924
+2%
|
8 083
+2%
|
8 297
+3%
|
8 494
+2%
|
9 022
+6%
|
9 600
+6%
|
10 125
+5%
|
10 752
+6%
|
11 275
+5%
|
11 681
+4%
|
12 043
+3%
|
12 373
+3%
|
12 647
+2%
|
13 026
+3%
|
13 379
+3%
|
13 863
+4%
|
14 451
+4%
|
15 057
+4%
|
15 672
+4%
|
15 969
+2%
|
15 766
-1%
|
15 597
-1%
|
15 761
+1%
|
16 099
+2%
|
16 487
+2%
|
16 930
+3%
|
17 467
+3%
|
18 262
+5%
|
19 840
+9%
|
21 492
+8%
|
23 075
+7%
|
24 708
+7%
|
26 384
+7%
|
28 062
+6%
|
29 885
+6%
|
31 447
+5%
|
32 691
+4%
|
33 876
+4%
|
34 841
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(658)
|
(829)
|
(659)
|
(700)
|
(758)
|
(834)
|
(763)
|
(769)
|
(719)
|
(788)
|
(709)
|
(703)
|
(715)
|
(851)
|
(777)
|
(818)
|
(817)
|
(861)
|
(810)
|
(827)
|
(905)
|
(1 076)
|
(913)
|
(918)
|
(908)
|
(900)
|
(811)
|
(771)
|
(768)
|
(941)
|
(1 114)
|
(1 227)
|
(1 232)
|
(1 339)
|
(1 262)
|
(1 375)
|
(1 644)
|
(1 965)
|
(2 047)
|
(2 128)
|
(2 082)
|
|
Gross Profit |
6 609
N/A
|
6 918
+5%
|
7 264
+5%
|
7 383
+2%
|
7 538
+2%
|
7 660
+2%
|
8 258
+8%
|
8 830
+7%
|
9 407
+7%
|
9 964
+6%
|
10 567
+6%
|
10 978
+4%
|
11 328
+3%
|
11 522
+2%
|
11 870
+3%
|
12 209
+3%
|
12 562
+3%
|
13 002
+4%
|
13 641
+5%
|
14 230
+4%
|
14 767
+4%
|
14 893
+1%
|
14 853
0%
|
14 678
-1%
|
14 853
+1%
|
15 198
+2%
|
15 675
+3%
|
16 159
+3%
|
16 699
+3%
|
17 321
+4%
|
18 726
+8%
|
20 265
+8%
|
21 843
+8%
|
23 369
+7%
|
25 122
+7%
|
26 687
+6%
|
28 242
+6%
|
29 482
+4%
|
30 644
+4%
|
31 748
+4%
|
32 759
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 785)
|
(5 846)
|
(6 040)
|
(6 061)
|
(6 127)
|
(6 141)
|
(6 557)
|
(6 912)
|
(7 314)
|
(7 682)
|
(8 169)
|
(8 425)
|
(8 738)
|
(8 809)
|
(9 040)
|
(9 313)
|
(9 439)
|
(9 811)
|
(10 100)
|
(10 459)
|
(10 896)
|
(10 962)
|
(11 364)
|
(11 602)
|
(11 917)
|
(12 203)
|
(12 454)
|
(12 463)
|
(12 508)
|
(12 540)
|
(13 383)
|
(14 289)
|
(15 225)
|
(16 265)
|
(17 188)
|
(18 408)
|
(19 676)
|
(20 683)
|
(21 755)
|
(22 519)
|
(23 338)
|
|
Selling, General & Administrative |
(3 881)
|
(5 552)
|
(4 152)
|
(4 295)
|
(4 426)
|
(5 894)
|
(4 837)
|
(5 133)
|
(5 431)
|
(7 454)
|
(6 037)
|
(6 224)
|
(6 474)
|
(8 540)
|
(6 886)
|
(7 127)
|
(7 243)
|
(9 519)
|
(7 685)
|
(7 964)
|
(8 305)
|
(10 726)
|
(8 639)
|
(8 866)
|
(9 111)
|
(11 755)
|
(9 843)
|
(9 932)
|
(10 135)
|
(12 086)
|
(10 765)
|
(11 415)
|
(12 082)
|
(15 696)
|
(13 509)
|
(14 321)
|
(15 133)
|
(19 854)
|
(16 745)
|
(17 597)
|
(18 448)
|
|
Depreciation & Amortization |
(292)
|
(292)
|
(382)
|
(378)
|
(358)
|
(247)
|
(248)
|
(226)
|
(210)
|
(226)
|
(241)
|
(248)
|
(260)
|
(269)
|
(267)
|
(267)
|
(260)
|
(254)
|
(250)
|
(246)
|
(245)
|
(251)
|
(294)
|
(343)
|
(393)
|
(434)
|
(438)
|
(440)
|
(439)
|
(444)
|
(455)
|
(478)
|
(508)
|
(553)
|
(605)
|
(688)
|
(762)
|
(814)
|
(857)
|
(889)
|
(929)
|
|
Other Operating Expenses |
(1 612)
|
(1)
|
(1 506)
|
(1 388)
|
(1 343)
|
0
|
(1 472)
|
(1 553)
|
(1 672)
|
0
|
(1 891)
|
(1 953)
|
(2 003)
|
1
|
(1 887)
|
(1 920)
|
(1 935)
|
(38)
|
(2 165)
|
(2 249)
|
(2 345)
|
15
|
(2 431)
|
(2 393)
|
(2 413)
|
(13)
|
(2 173)
|
(2 091)
|
(1 934)
|
(10)
|
(2 164)
|
(2 397)
|
(2 636)
|
(17)
|
(3 074)
|
(3 398)
|
(3 781)
|
(15)
|
(4 153)
|
(4 033)
|
(3 961)
|
|
Operating Income |
825
N/A
|
1 073
+30%
|
1 224
+14%
|
1 322
+8%
|
1 411
+7%
|
1 519
+8%
|
1 702
+12%
|
1 919
+13%
|
2 093
+9%
|
2 282
+9%
|
2 398
+5%
|
2 553
+6%
|
2 590
+1%
|
2 713
+5%
|
2 831
+4%
|
2 895
+2%
|
3 124
+8%
|
3 191
+2%
|
3 541
+11%
|
3 772
+7%
|
3 871
+3%
|
3 931
+2%
|
3 489
-11%
|
3 077
-12%
|
2 936
-5%
|
2 996
+2%
|
3 221
+8%
|
3 695
+15%
|
4 191
+13%
|
4 780
+14%
|
5 342
+12%
|
5 975
+12%
|
6 618
+11%
|
7 104
+7%
|
7 934
+12%
|
8 280
+4%
|
8 566
+3%
|
8 799
+3%
|
8 889
+1%
|
9 229
+4%
|
9 421
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
16
|
82
|
32
|
(32)
|
(34)
|
(1)
|
(38)
|
(16)
|
(11)
|
90
|
(54)
|
(126)
|
0
|
(101)
|
(23)
|
86
|
54
|
330
|
0
|
0
|
(118)
|
287
|
(168)
|
(181)
|
34
|
404
|
193
|
174
|
137
|
292
|
(36)
|
(67)
|
(175)
|
253
|
(138)
|
(103)
|
(52)
|
446
|
(57)
|
(29)
|
(18)
|
|
Non-Reccuring Items |
0
|
(58)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
53
|
25
|
36
|
54
|
74
|
42
|
133
|
125
|
127
|
22
|
105
|
124
|
13
|
30
|
(48)
|
(43)
|
34
|
118
|
432
|
576
|
599
|
114
|
632
|
523
|
525
|
124
|
349
|
288
|
272
|
47
|
412
|
420
|
427
|
98
|
400
|
501
|
561
|
131
|
747
|
828
|
963
|
|
Pre-Tax Income |
894
N/A
|
1 122
+26%
|
1 292
+15%
|
1 344
+4%
|
1 451
+8%
|
1 560
+7%
|
1 797
+15%
|
2 027
+13%
|
2 208
+9%
|
2 363
+7%
|
2 449
+4%
|
2 551
+4%
|
2 603
+2%
|
2 643
+2%
|
2 760
+4%
|
2 939
+6%
|
3 211
+9%
|
3 639
+13%
|
3 973
+9%
|
4 348
+9%
|
4 352
+0%
|
4 334
0%
|
3 953
-9%
|
3 418
-14%
|
3 495
+2%
|
3 524
+1%
|
3 762
+7%
|
4 157
+11%
|
4 600
+11%
|
5 119
+11%
|
5 718
+12%
|
6 329
+11%
|
6 869
+9%
|
7 455
+9%
|
8 196
+10%
|
8 678
+6%
|
9 076
+5%
|
9 375
+3%
|
9 578
+2%
|
10 027
+5%
|
10 367
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(308)
|
(399)
|
(451)
|
(466)
|
(511)
|
(531)
|
(618)
|
(705)
|
(764)
|
(815)
|
(841)
|
(870)
|
(879)
|
(895)
|
(931)
|
(993)
|
(1 079)
|
(1 239)
|
(1 365)
|
(1 491)
|
(1 463)
|
(1 434)
|
(1 271)
|
(1 059)
|
(1 041)
|
(963)
|
(1 000)
|
(1 105)
|
(1 249)
|
(1 437)
|
(1 592)
|
(1 738)
|
(1 821)
|
(1 958)
|
(1 986)
|
(1 978)
|
(1 939)
|
(1 823)
|
(1 985)
|
(2 174)
|
(2 397)
|
|
Income from Continuing Operations |
586
|
723
|
841
|
878
|
940
|
1 029
|
1 178
|
1 323
|
1 444
|
1 548
|
1 608
|
1 681
|
1 724
|
1 748
|
1 828
|
1 946
|
2 132
|
2 400
|
2 608
|
2 857
|
2 890
|
2 900
|
2 683
|
2 359
|
2 453
|
2 561
|
2 762
|
3 053
|
3 350
|
3 681
|
4 126
|
4 591
|
5 048
|
5 497
|
6 210
|
6 700
|
7 137
|
7 552
|
7 593
|
7 853
|
7 970
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
586
N/A
|
723
+23%
|
841
+16%
|
878
+4%
|
940
+7%
|
1 029
+9%
|
1 178
+15%
|
1 323
+12%
|
1 444
+9%
|
1 548
+7%
|
1 608
+4%
|
1 681
+5%
|
1 724
+3%
|
1 748
+1%
|
1 828
+5%
|
1 946
+6%
|
2 132
+10%
|
2 400
+13%
|
2 608
+9%
|
2 857
+10%
|
2 890
+1%
|
2 900
+0%
|
2 683
-8%
|
2 359
-12%
|
2 453
+4%
|
2 561
+4%
|
2 762
+8%
|
3 053
+11%
|
3 350
+10%
|
3 681
+10%
|
4 126
+12%
|
4 591
+11%
|
5 048
+10%
|
5 497
+9%
|
6 210
+13%
|
6 700
+8%
|
7 137
+7%
|
7 552
+6%
|
7 593
+1%
|
7 853
+3%
|
7 970
+1%
|
|
EPS (Diluted) |
9.41
N/A
|
11.66
+24%
|
13.51
+16%
|
14.11
+4%
|
15.11
+7%
|
16.59
+10%
|
18.93
+14%
|
21.25
+12%
|
23.2
+9%
|
24.96
+8%
|
25.8
+3%
|
26.98
+5%
|
27.66
+3%
|
28.19
+2%
|
29.34
+4%
|
31.23
+6%
|
34.22
+10%
|
38.7
+13%
|
41.87
+8%
|
45.88
+10%
|
46.4
+1%
|
46.77
+1%
|
43.05
-8%
|
37.88
-12%
|
39.39
+4%
|
41.3
+5%
|
44.35
+7%
|
48.99
+10%
|
53.77
+10%
|
59.37
+10%
|
66.23
+12%
|
73.68
+11%
|
81.03
+10%
|
88.66
+9%
|
99.68
+12%
|
107.53
+8%
|
114.55
+7%
|
121.26
+6%
|
121.91
+1%
|
126.08
+3%
|
127.96
+1%
|