Company Information:-
In this article we will discuss the company which is in the businesses from steel to salt. Group name in Tata and Name of the company is Tata Elxsi limited. Company started its business on 5th May 1989 in Bangalore. It started its business to develop and promote applications of embedded systems, Software’s and electronics. Tata Elxsi is now a leading company in terms of providing premium engineering services to automotive sector, Healthcare industries, media, broadcast, communications etc. Company has given very healthy returns over the period of time.
Company performance:-
As per data available at Google finance Company share was closed at Rs.35.00 per share on 1st January 1999 and now it closed at Rs.7373 per share on 20th October 2022. It means it has given returns of 20965.71%.
# above mentioned prices are inclusive of all the stock splits and bonuses issued by the company during that time interval.
Now if you could have invested Rs.1 lakh at price of Rs35.00 per share then your investments could be turned to Rs.2,10,65,714 i.e. Rs.2.10 crores. Which are such huge returns which no other investment tool could have given in that period.
Dividend Information:-
The mentioned returns are without considering dividends the company had paid over the period of time. Now let’s take a look how much dividend company has paid during that time:-
| Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend (Rs) | No. of Shares | Total Dividend Amount |
| 20-04-2022 | 15-06-2022 | Final | 425 | 42.5 | 2857 | 121422.5 |
| 22-04-2021 | 17-06-2021 | Final | 240 | 24 | 2857 | 68568 |
| 23-04-2021 | 17-06-2021 | Special | 240 | 24 | 2857 | 68568 |
| 20-04-2020 | 13-07-2020 | Final | 165 | 16.5 | 2857 | 47140.5 |
| 24-04-2019 | 08-07-2019 | Final | 135 | 13.5 | 2857 | 38569.5 |
| 26-04-2018 | 16-07-2018 | Final | 110 | 11 | 2857 | 31427 |
| 02-05-2017 | 18-07-2017 | Final | 160 | 16 | 1428 | 22848 |
| 28-04-2016 | 15-07-2016 | Final | 140 | 14 | 1428 | 19992 |
| 28-04-2015 | 15-07-2015 | Final | 110 | 11 | 1428 | 15708 |
| 22-04-2014 | 09-07-2014 | Final | 90 | 9 | 1428 | 12852 |
| 19-04-2013 | 12-07-2013 | Final | 50 | 5 | 1428 | 7140 |
| 08-05-2012 | 13-07-2012 | Final | 70 | 7 | 1428 | 9996 |
| 27-04-2011 | 08-07-2011 | Final | 70 | 7 | 1428 | 9996 |
| 03-05-2010 | 12-07-2010 | Final | 70 | 7 | 1428 | 9996 |
| 28-04-2009 | 21-08-2009 | Final | 70 | 7 | 1428 | 9996 |
| 30-04-2008 | 09-07-2008 | Final | 70 | 7 | 1428 | 9996 |
| 20-04-2007 | 13-07-2007 | Final | 70 | 7 | 1428 | 9996 |
| 21-04-2006 | 13-07-2006 | Final | 65 | 6.5 | 1428 | 9282 |
| 19-04-2005 | 08-07-2005 | Final | 55 | 5.5 | 1428 | 7854 |
| 30-04-2004 | 14-07-2004 | Final | 40 | 4 | 1428 | 5712 |
| 30-04-2003 | 16-07-2003 | Final | 25 | 2.5 | 1428 | 3570 |
| 23-04-2002 | 04-06-2002 | Final | 35 | 0 | 1428 | 0 |
| 05-06-2001 | 21-06-2001 | Final | 25 | 0 | 1428 | 0 |
| Total | 247 | Total | 540629.5 |
From above you can see that the company has paid a dividend of Rs.5.40 lacs from 2001. Now in 2022 the company has paid a dividend of Rs.42.5 per share which is more than the initial price of Rs.35 per share means company is paying 1.2 times the initial investment amount in the form of dividend only. Company stock has even touched high of above Rs.100000 and is getting advantages of changing environment towards electric mobility as company is in manufacturing components for the same.