Tata Elxsi share price hits 52-week low after Q1 results 2026; brokerages cut target prices - Should you buy or sell?
New Delhi, July 15 -- IT major Tata Elxsi share price fell more than 6% to a 52-week low of Rs.3,473.75 on the BSE on Wednesday, July 15, after the company announced its June quarter (Q1FY27) results.
For the quarter ended June 30, 2026, Tata Elxsi reported a net profit of Rs.170.6 crore, up 18.2% year-on-year (YoY). Revenue from operations increased 14.5% YoY and 2.8% quarter-on-quarter (QoQ) to Rs.1,021.1 crore.
The company's operating performance also remained healthy, with EBITDA rising 15.7% YoY to Rs.216 crore. It reported an EBITDA margin of 21.2%, while the net profit margin stood at 16.1% during the quarter.
However, revenue from Europe declined 1.9% sequentially as automotive original equipment manufacturers (OEMs) continued ...
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