Financial Performance Highlights

Consolidated Q1FY27 Q-o-Q Performance

  • Operating revenue: ₹2,916 million in Q1FY27 vs ₹2,863 million in Q4FY26, growth of 1.8%
  • Total income: ₹2,985 million in Q1FY27 vs ₹2,989 million in Q4FY26, flat sequential performance
  • Adjusted EBITDA: ₹424 million with margin at 14.5% in Q1FY27 vs ₹445 million with margin at 15.5% in Q4FY26
  • Profit after tax including OCI and excluding exceptional item: ₹354 million with margin at 11.8% in Q1FY27 vs ₹493 million with margin at 16.5% in Q4FY26
  • Basic EPS: ₹22.02 for Q1FY27 vs ₹26.85 for Q4FY26
  • Net cash position: ₹3,528 million in Q1FY27 vs ₹3,757 million in Q4FY26

Consolidated Q1FY27 Y-o-Y Performance

  • Operating revenue: ₹2,916 million in Q1FY27 vs ₹2,596 million in Q1FY26, growth of 12.3%
  • Total income: ₹2,985 million in Q1FY27 vs ₹2,666 million in Q1FY26, growth of 12%
  • Adjusted EBITDA: ₹424 million with margin at 14.5% in Q1FY27 vs ₹332 million with margin at 12.8% in Q1FY26, growth of 27.6%
  • Profit after tax including OCI: ₹354 million with margin at 11.8% in Q1FY27 vs ₹247 million with margin at 9.3% in Q1FY26
  • Basic EPS: ₹22.02 for Q1FY27 vs ₹13.16 for Q1FY26, growth of 67.3%
  • Net cash position: ₹3,528 million in Q1FY27 vs ₹2,382 million in Q1FY26

Management Commentary

Mr. Phani Tangirala, Managing Director & CEO, commented on the strong and stable performance during the quarter despite challenging market conditions. Key points from management commentary:

  • Total revenue growth of 12% year-on-year with 1.8% quarter-on-quarter growth in income from operations
  • Expectation of accelerated growth in the near future
  • Operational improvements with consistent SLA meeting and focus on key metrics like utilization, bench management, and automation
  • Continued investment in people through training programs
  • Focus on Artificial Intelligence (AI) and Digital Transformation for scale and process integration
  • Exploration of growth opportunities and deepening customer relationships
  • Commitment to operational excellence in execution and governance supported by efficiency and automation

Company Background

Expleo Solutions Limited is a global technology, engineering and consulting service provider that partners with leading organizations to guide them through business transformation. The company:

  • Has operated for more than 25 years in India, Asia Pacific, United States of America, United Kingdom, Europe and Middle East
  • Powers over 150 Banking & Financial Services and Insurance clients across technology and digital transformation programs
  • Is part of the Expleo Group which boasts an extensive global footprint with 17,000 experts delivering value in 30 countries and generating €1.4 billion annual revenue

Note: Adjusted EBITDA calculation = PAT + Tax + Forex Loss / (Gain) + Finance Cost + Depreciation – Other Income regular