Financial Performance Overview

iValue Infosolutions Limited announced its audited financial results for the fourth quarter and full year ended March 31, 2026.

Full Year FY26 Performance (Year Ended March 31, 2026)

  • Gross Sales: ₹2,913.9 crore, representing 19.5% year-over-year (YoY) growth
  • Total Income (net basis): ₹1,055.5 crore, representing 14.4% YoY growth
  • Operating EBITDA: ₹149.3 crore (before exceptional item), representing 16.7% YoY growth
  • EBITDA margin: 5.1% on gross sales, 14.1% on net basis
  • Profit After Tax (PAT): ₹102.2 crore (before accounting for one-time cost related to New Labor Code), representing 19.8% YoY growth
  • PAT margin: 3.5% on gross sales, 9.7% on net basis

Q4 FY26 Performance (Quarter Ended March 31, 2026)

  • Gross Sales: ₹749.7 crore, representing 11.8% YoY growth and 11.9% quarter-over-quarter (QoQ) growth from Q3FY26
  • Total Income (net basis): ₹272.6 crore, representing 4.6% YoY growth
  • Operating EBITDA: ₹58.9 crore (before exceptional item), representing 12.3% YoY growth and 95.8% QoQ growth
  • EBITDA margin: 7.9% on gross sales, 21.6% on net basis
  • Profit After Tax (PAT): ₹42.3 crore (before accounting for one-time cost related to New Labor Code), representing 11.8% YoY growth and 112.5% QoQ growth
  • PAT margin: 5.7% on gross sales, 15.6% on net basis
  • Gross Profit Margin: 12.5% for the quarter

Operating Highlights and Segment Performance

  • Net Working Capital Days: 30 days, reflecting strong collections and disciplined capital management
  • Segment-wise Gross Sales Contribution for FY26:
  • Cybersecurity: 50.1% of gross sales, grew 27.6% YoY
  • Information Lifecycle Management: 20.6% of gross sales, grew 11.8% YoY
  • Data Centre Infrastructure: 17.4% of gross sales, grew 22.2% YoY

Management Commentary

Sunil Pillai, Chairman and Managing Director:

  • FY26 was a strong year with healthy growth in revenue, EBITDA, PAT, and superior working capital
  • Q4FY26 showed improved growth compared to Q3FY26 with 11.9% QoQ revenue increase
  • Performance reflects strength of differentiated business model, execution capabilities, and deep engagement across technology ecosystem
  • Healthy business momentum across key technology areas supported by strong customer demand and deeper engagement with OEMs, System Integrators, and enterprise customers
  • Sustained enterprise investments across cybersecurity, cloud, and digital infrastructure
  • Adoption of AI by large enterprises offering positive tailwind across Cyber Security and Data Center Infrastructure verticals
  • Company remains well positioned to sustain growth and create long-term value for stakeholders

Swaroop Muvvala, Chief Financial Officer:

  • Improvement in profitability supported by operating leverage, disciplined cost management, and continued momentum in higher-value solution and annuity-led businesses
  • Working capital cycle remained healthy at 30 days
  • Operating EBITDA before exceptional item stood at ₹58.8 crore in Q4FY26, a growth of 12.1% YoY

Exceptional Items

All EBITDA and PAT figures are reported before accounting for the one-time cost related to the New Labor Code.

Business Overview

iValue Infosolutions Limited is described as a Strategic Technology Advisor that secures and manages enterprises' digital assets in hybrid-cloud environments. The company has 500+ experts and offers custom solutions and services, partnering with top OEMs across India, SAARC and SEA. The company has a cloud-based CoE (Center of Excellence) that showcases 25+ integrated solutions stack across OEMs. iValue has direct presence across India, SAARC and Southeast Asia.