Tata Elxsi Dividend yield

 Price  6,285.90
 Dividend  42.74
 Earnings  89.16
 Cash-flow  82.17
 Book value  256.57
 Equity  237.13

Tata Elxsi is part of Software and Computer Services business, which is part of Technology industry. Tata Elxsi is a company from India, and his stocks are publicly traded.

Tata Elxsi paid a total dividend of 2,650 million INR last year, for a market value of 389,726 millions (Market Cap 215,492 millions). Dividend per share of Tata Elxsi is 42.74 INR, and his stock market price 6,285.90 INR.

According to the chart below, where dividend yield is displayed, Tata Elxsi has a dividend yield of 0.68%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tata Elxsi dividend yield with other Software and Computer Services companies or firms from India.

Dividend yield of Tata Elxsi

Tata Elxsi Dividend Payout

About the ability of Tata Elxsi to maintain his current dividend of INR 42.74 per share, an amount that accounts for 0.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tata Elxsi payout on ernings is currently 47.94%, which is higher than the market average, and companies of Technology industry, which are 41.22% and 34.60% respectively. Both figures show that Tata Elxsi can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Tata Elxsi is INR 82.17 per share, which is higher than the dividend per share paid by the company of INR 42.74, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tata Elxsi, compared againt world market average, India companies, Technology industry and Software and Computer Services sector companies.

Tata Elxsi payout

Tata Elxsi Stock performance

Finally, last moth Tata Elxsi showed a return of -10.30% compared to a worldwide -2.30% average, and a -5.12% of Technology firms. Over the last year, the company obtained a 7.10% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Software and Computer Services firms.

Tata Elxsi stock and market return