- Type of Event: The document is a regulatory filing containing the transcript of an earnings conference call (Analyst/Investor Meet) to discuss the company's Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026 (Q1 FY27).
- Date and Time: The analyst/investors meet was held on July 29, 2026, commencing at 06:30 P.M. (IST) and concluding at 07:45 P.M. (IST).
- Purpose: The stated purpose was a discussion of the quarterly results and a business update.
- Management Participants: The following management participants and their designations were provided:
- Mr. Sunil Pillai – Chairman and Managing Director
- Mr. Krishna Raj Sharma – Executive Director
- Mr. Swaroop Muvvala – Chief Financial Officer
The call was moderated by Mr. Pratik Jagtap from E&Y LLP, Investor Relations.
- Availability of Materials: The results and an investor presentation were mailed to participants. The transcript and presentation are also available on the Company's website at
https://ivaluegroup.com/en-in/investor-analyst-corner/.
- UPSI Statement: The moderator began the call with a standard caution regarding forward-looking statements, reminding participants to view them in conjunction with risks and uncertainties mentioned in past filings like the prospectus and annual reports.
- Financial Period Discussed: The call exclusively discussed the Q1 FY27 (quarter ended June 30, 2026) unaudited financial results.
- Financial Highlights & Guidance: Key financial figures and guidance explicitly disclosed in the transcript include:
- Gross Sales: INR 641.2 crores, a growth of 5.7% YoY.
- PAT: INR 15.7 crores, a growth of 51.7% YoY.
- Gross Margin: INR 52 crores (8.1% of gross sales), up 26.5% YoY.
- Operating EBITDA: INR 20.2 crores, up 27.7% YoY.
- Segment Growth (YoY): Cybersecurity +8%, Data Center Infrastructure (DCI) +180%, Cloud and ALM +47%.
- Annuity Business: Contributed 46.4% of gross sales, growing 13.7% YoY.
- Pipeline: Stood at INR 6,150 crores, up 6% quarter-on-quarter.
- Win Rate: Historically holds steady at 30-35%.
- Guidance: Management reaffirmed full-year FY27 guidance of 20% growth in both gross sales and PAT.
- Working Capital: Net working capital days improved to 52 days from 53 days YoY.
- Strategic Updates: Key strategic themes explicitly referenced were:
- Strong momentum in core technology segments: cybersecurity, DCI, and cloud.
- Cybersecurity remains the largest vertical, contributing 44% to top line.
- Focus on multi-OEM, solution-led opportunities across sectors like BFSI, government, and healthcare.
- Annuity-led business scaling steadily, providing revenue predictability.
- Geographic expansion into Vietnam, Philippines, and the Middle East has begun generating revenue.
- CEO has stepped down due to personal reasons. Leadership will be jointly overseen by Sunil Pillai (India ops) and Krishna Raj Sharma (International ops).
- New leadership appointments: Umashankar Krishnamoorthy as Chief Business Officer, Sameer Kanse as Chief Revenue Officer, and Mitish Chitnavis as Chief Technology Officer.
- Exit of anchor investor Creador, with several marquee institutional investors joining the shareholding.
Additional Notes Section
- The disclosed document is the transcript of the earnings call, which was attached to the regulatory filing.
- The transcript contains extensive financial data from the Q1 FY27 results, as presented by the management during the call.
- The filing is a compliance submission under Regulation 30 of the SEBI (LODR) Regulations, 2015.