Financial Performance - Q2FY27

  • Revenue from Operations: ₹415 Cr, up 15.9% QoQ and 16.0% YoY
  • Total Expenses: ₹344 Cr, up 15.9% QoQ and 20.3% YoY
  • EBITDA: ₹71 Cr, up 15.8% QoQ but down 1.0% YoY
  • EBITDA Margin: 17.2%, unchanged QoQ but down 296 bps YoY
  • Depreciation & Amortization: ₹14 Cr, up 19.6% QoQ and 36.2% YoY
  • Finance Cost: ₹5 Cr, up 11.5% QoQ from ₹4 Cr in Q1FY27
  • Other Income: ₹9 Cr, up 28.0% QoQ but down 12.5% YoY
  • PBT: ₹61 Cr, up 16.9% QoQ but down 13.1% YoY
  • Tax: ₹11 Cr, up from ₹7 Cr in Q1FY27
  • PAT (from continued operations): ₹50 Cr, up 11.5% QoQ but down 11.4% YoY
  • PAT Margin: 12.1%, down 48 bps QoQ and 374 bps YoY
  • EPS (Basic): ₹9.10, up 6.8% QoQ but down 11.4% YoY

Financial Performance - H1FY27

  • Revenue from Operations: ₹773 Cr, up 11.3% YoY from ₹694 Cr
  • Total Expenses: ₹640 Cr, up 15.5% YoY from ₹554 Cr
  • EBITDA: ₹133 Cr, down 5.3% YoY from ₹140 Cr
  • EBITDA Margin: 17.2%, down 301 bps YoY from 20.2%
  • Depreciation & Amortization: ₹25 Cr, up 30.7% YoY from ₹19 Cr
  • Finance Cost: ₹9 Cr, up from ₹3 Cr in H1FY26
  • Other Income: ₹15 Cr, up 15.9% YoY from ₹13 Cr
  • PBT: ₹113 Cr, down 13.4% YoY from ₹131 Cr
  • Tax: ₹18 Cr, down 20.7% YoY from ₹23 Cr
  • PAT (from continued operations): ₹95 Cr, down 11.9% YoY from ₹108 Cr
  • PAT Margin: 12.3%, down 324 bps YoY from 15.6%
  • EPS (Basic): ₹17.63, down 11.7% YoY from ₹19.97

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹2,609 Cr (vs ₹2,316 Cr as of March 31, 2026)
  • Property, Plant & Equipment: ₹134 Cr (vs ₹136 Cr)
  • Goodwill: ₹545 Cr (vs ₹535 Cr)
  • Other Intangible assets: ₹217 Cr (vs ₹137 Cr)
  • Intangible Assets Under Development: ₹18 Cr (vs ₹76 Cr)
  • Trade Receivables: ₹418 Cr (vs ₹377 Cr)
  • Cash and Cash Equivalents: ₹83 Cr (vs ₹132 Cr)
  • Bank Balances (other than above): ₹90 Cr (vs ₹73 Cr)
  • Total Equity: ₹1,833 Cr (vs ₹1,745 Cr)
  • Equity Share Capital: ₹54 Cr (unchanged)
  • Borrowings (Current): ₹151 Cr (vs ₹50 Cr)
  • Trade Payables: ₹202 Cr (vs ₹104 Cr)

Business Updates and Strategic Developments

  • 5 Key Go-lives during Q2FY27 across core offerings
  • Matkahuolto Partnership: Selected to drive sustainable public transport payment solutions across Finland
  • US Market Expansion: Secured $33M+ engagement with leading US digital insurance payments platform
  • Domestic Banking Wins: Landmark win with leading Public Sector Bank (India) for iCashpro preferred transaction banking solution and major mandate with CSB Bank for next-generation cash management platform
  • Global Banking Mandate: Leading Singapore-headquartered bank selected Integro platform for corporate lending transformation across global subsidiaries
  • Leadership Appointment: Krishnaraja Tantri appointed CEO of Payments with ~30 years of experience

Product Portfolio Highlights

Core Banking Offerings:

  • Integro Suite: Global corporate banking upgrades powered by AurionAI
  • Arya.AI: AI capabilities
  • iCashpro: Flagship transaction banking platform handling 10 million transactions per hour
  • Fintra: AI-native trade finance platform automating full trade lifecycle
  • AuroDigi: Digital banking portal for corporate clients
  • Auropay: Payments solution

Lending Suite:

  • Integro/SmartLender: Comprehensive lending suite across LOS, LMS, limits and collateral management
  • Omnifin: Acquired loan management platform
  • Integro Retail: Retail lending product under R&D roadmap
  • Aurioncredit: AI-native credit platform

Infrastructure Business:

  • Smart Transit Solutions: Sovereign mobility infrastructure
  • Enterprise Data Centers: Mission-critical cloud/data center capacity
  • Data Centre Business: ₹500 Cr+ order book with focus on expansion
  • Target Serviceable Opportunity: $0.5 Billion by FY30

Market Opportunity

  • Global Data Center Infrastructure capex to 2030: $1.9 Trillion
  • India DC Infrastructure, Engineering & O&M Services (2025-2030): $9 Billion

Leadership Team

  • Chairman & Managing Director: Mr. Paresh Zaveri
  • Vice Chairman & Group CEO: Mr. Ashish Rai
  • President & Global Head – Banking: Mr. Shekhar Mullatti
  • President & Global Head – Tech Innovation Group: Mr. Sanjay Bali
  • President & Global Head - Fintech Solutions Group: Mr. Sanjay Varma