{"id":128579,"date":"2022-04-22T09:28:35","date_gmt":"2022-04-22T13:28:35","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128579"},"modified":"2022-10-05T06:34:16","modified_gmt":"2022-10-05T10:34:16","slug":"tata-elxsi-ltd-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-elxsi-ltd-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Tata Elxsi Ltd Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Tata Elxsi Ltd Q4 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/hV6uiZfrS4c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Tata Elxsi Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/TATAELXSI\/\">TATAELXSI<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Mayank Babla of Dalal &amp; Broacha asked about time taken to make the fresher recruits billable. Manoj Raghavan MD answered that from a fresher\u2019s perspective anywhere between 6-9 months is typically what the company takes to make freshers billable.<\/li>\n<\/ul>\n<ul>\n<li>Mayank Babla of Dalal &amp; Broacha asked about the onsite offshore effort mix for 4Q22. Manoj Raghavan MD replied that it\u2019s about 90:10.<\/li>\n<\/ul>\n<ul>\n<li>Mayank Babla of Dalal &amp; Broacha asked if in April the company is planning a wage hike. Manoj Raghavan MD answered that the company have given a wage hike in January itself for all the junior people, around 70% of the workforce. The senior people will have the wage hike from April onwards.<\/li>\n<\/ul>\n<ul>\n<li>Bhavik Mehta with JP Morgan enquired about the impact of wage hike in 4Q22. Gaurav Bajaj CFO answered that on a quarterly basis, the impact of wage hike is about 150 basis point. However, that has been partially offset by the other operating lever present in the organization in terms of the utilizations and also helped by the better realization from fixed price projects and some rate hikes.<\/li>\n<\/ul>\n<ul>\n<li>Bhavik Mehta with JP Morgan asked that in FY23, what are the headwinds and tailwinds on the margin side. Gaurav Bajaj CFO answered that there are enough levers available for the company to manage its margins well in the range the company is operating today.<\/li>\n<\/ul>\n<ul>\n<li>Vimal Gohil from Union Mutual Fund enquired about the sustainability of the fixed priced projects. Gaurav Bajaj CFO answered that for the last few years the company has been operating in the range of 50:50 plus minus. And in the next 1-2 years that ratio is not going to change much, probably 2-3% plus minus.<\/li>\n<\/ul>\n<ul>\n<li>Vimal Gohil from Union Mutual Fund asked about the hiring slowdown in 4Q22 vs. previous quarters. \u00a0Manoj Raghavan MD replied that typically freshers come in, in 2Q and 3Q and that\u2019s the reason for higher number in 2Q and 3Q. It has nothing to do with slowing down.<\/li>\n<\/ul>\n<ul>\n<li>Vimal Gohil from Union Mutual Fund also asked about the outlook for fresher additions for FY23 and the number for FY22. Manoj Raghavan MD said that the company is expecting to add between 2,500-3,000 freshers for FY23. \u00a0For FY22, the company added about 1,100 or so.<\/li>\n<\/ul>\n<ul>\n<li>Ankur Jain of Research India asked about TEngage\u2019s response and any major deals have been signed. Nitin Pai CMO answered that the company did a global launch for it towards the end of March, so it\u2019s too early to tell on the response. However, the company had a good response in US and is having multiple customer conversations there.<\/li>\n<\/ul>\n<ul>\n<li>Ankur Jain of Research India asked if the company is planning to launch its own operating system for the automobile division. Nitin Pai CMO answered that the company has no plans of any such launch.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Tata Elxsi Ltd (TATAELXSI) Q4 FY22 Earnings Concall Q&amp;A Highlights: Mayank Babla of Dalal &amp; Broacha asked about time taken to make the fresher recruits billable. Manoj Raghavan MD answered that from a fresher\u2019s perspective anywhere between 6-9 months is typically what the company takes to make freshers billable. Mayank Babla of [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,8],"tags":[9007],"class_list":["post-128579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-technology-stocks","tag-information-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":129569,"url":"https:\/\/alphastreet.com\/india\/affle-india-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128579,"position":0},"title":"Affle (India) Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 17, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=qWnaaZ0dEIA Key highlights from Affle (India) Ltd (AFFLE) Q4 FY22 Earnings Concall Q&A Highlights: Rahul Jain from Dolat Capital asked about the potential for growth going forward, given the pain one might see on funding of start-up in near future. Anuj Khanna MD replied that historically AFFLE has been beating\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131305,"url":"https:\/\/alphastreet.com\/india\/tata-elxsi-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128579,"position":1},"title":"Tata Elxsi Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"July 19, 2022","format":false,"excerpt":"https:\/\/youtu.be\/hoBdK4SFySM Key highlights from Tata Elxsi Ltd (TATAELXSI) Q1 FY23 Earnings Concall Management Update: TATAELXSI said net headcount addition during the quarter was 771, which is more than double the net addition of 4Q22. Attrition rate dipped marginally to 19% in 1Q23 as compared to 4Q22. Q&A Highlights: Bhavik Mehta\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":126486,"url":"https:\/\/alphastreet.com\/india\/tata-elxsi-ltd-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128579,"position":2},"title":"Tata Elxsi Ltd Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"January 20, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=JsfIiI_UUNA Key highlights from Tata Elxsi Ltd (TATAELXSI) Q3 FY22 Earnings Concall Management Update: TATAELXSI said that the company crossed the INR200 crore PBT and INR150 crore PAT milestones for the first time in the company\u2019s history, with the growth powered by its largest division, Embedded Product Design Division (EPD).\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":134721,"url":"https:\/\/alphastreet.com\/india\/tata-elxsi-ltd-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128579,"position":3},"title":"Tata Elxsi Ltd Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"October 17, 2022","format":false,"excerpt":"https:\/\/youtu.be\/dhIpgIJuSDo Key highlights from Tata Elxsi Ltd (TATAELXSI) Q2 FY23 Earnings Concall Management Update: [00:05:21] TATAELXSI saw increased attrition in its onsite employees showing the talent mobility that continues in key overseas markets, especially for technology and engineering resources. Q&A Highlights: [00:07:48] Bhavik Mehta of J.P. 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For the nine-months, AFFLE surpassed the previous full year\u2019s cash\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":130537,"url":"https:\/\/alphastreet.com\/india\/mrs-bectors-food-specialities-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128579,"position":5},"title":"Mrs. Bectors Food Specialities Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 8, 2022","format":false,"excerpt":"Key highlights from Mrs. Bectors Food Specialities Ltd (BECTORFOOD) Q4 FY22 Earnings Concall Management Update: BECTORFOOD said it expects inflationary trend to continue in the next two quarters because of geopolitical concerns and supply chain disruptions. Consequently, the company is focusing on improving price realization and cost efficiencies. Q&A Highlights:\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/Mrs-Bectors-Food-Specialities-Ltd.Q422.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/Mrs-Bectors-Food-Specialities-Ltd.Q422.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/Mrs-Bectors-Food-Specialities-Ltd.Q422.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/Mrs-Bectors-Food-Specialities-Ltd.Q422.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/Mrs-Bectors-Food-Specialities-Ltd.Q422.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128579"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}