Financial Highlights (Consolidated Q1 FY27)
- Revenue from Operations: ₹802.63 million, representing a 44.05% year-over-year increase
- Total Income: ₹860.97 million
- EBITDA: ₹130.31 million, representing a 29.78% year-over-year increase
- EBITDA Margin: 16.24%
- Profit After Tax: ₹92.28 million, representing a 57.13% year-over-year increase from ₹58.73 million in Q1 FY26
- PAT Margin: 11.50%
- Basic EPS: ₹0.80
Operational & Strategic Highlights
Revenue Mix (Q1 FY27)
- Educational Technology Services: 63.4%
- Educational Technology Products: 36.6%
Client Concentration
- Top 5 clients contributed 73% of revenue
- Top 10 clients contributed 82.6% of revenue
- Average client relationship tenure among top 10 clients: 11 years
Workforce and Operations
- Total workforce: 1,114 employees
- Stable delivery capabilities across engineering, platform services, assessment operations, and content development
Strategic Initiatives
- Nearshore delivery operations generated approximately ₹10 crore revenue during the quarter with significant gross margin improvement
- Further margin expansion expected as utilization improves
- Global sales presence expanded across US, UK, and Dubai
- Continued progress on AQA implementation for large-scale digital assessment infrastructure
- Advanced AI investments including enterprise capability development and employee training
- AI capabilities embedded across products and delivery platforms
- Company evaluating selective inorganic growth opportunities in India and US
Management Commentary
Mr. Dhananjaya Sudhanva, Managing Director, commented on the performance:
- Q1 FY27 marked a strong start to the year with robust revenue growth
- Growth driven by momentum across Education Technology Services business and sustained demand for digital learning and assessment solutions
- AQA implementation advancing well, reinforcing position as trusted partner for large-scale digital assessment solutions
- Global presence strengthened through expanded nearshore operations and deeper customer engagement
- Artificial Intelligence remains central to strategy with ongoing embedding across platforms, products, and operations
- Company positioned to capitalize on growing opportunities in digital learning, assessment, and workforce skilling
- Focus remains on expanding global footprint, deepening customer relationships, and pursuing disciplined growth opportunities
- Strong balance sheet, healthy pipeline, and differentiated technology support sustainable growth
Additional Information
- Full press release available on company website: https://www.excelsoftcorp.com/investors/
- Date of occurrence of event: August 07, 2026
- Time of occurrence of event: 22:27 (IST)