Capillary Technologies Q4 FY26 Revenue Up 26% YoY

Capillary Technologies reported Q4 FY26 revenue of INR 191 crores, a 26% YoY increase, with adjusted EBITDA at INR 35.7 crores.
The company closed the acquisition of Mastercard's SessionM merchant loyalty business, a $35 million ARR entity, on May 1st, 2026.
Full-year FY26 revenue reached INR 734 crores, a 23% YoY growth, with an adjusted EBITDA margin of 14.7% and normalized PAT of INR 32 crores.
Management highlighted strong organic net retention rate of 114% and the growing traction of their AI-powered platform, aiRA, now contributing a few million dollars in revenue.