Financial Highlights

Q2 FY27 Performance (Consolidated)

  • Total Revenue: ₹3,206 Mn, up 1.4% QoQ from ₹3,163 Mn in Q1 FY27 and up 6.5% YoY from ₹3,009 Mn in Q2 FY26.
  • Net Revenue: ₹3,201 Mn.
  • EBITDA: ₹387 Mn (12.1% margin), compared to ₹352 Mn (11.1% margin) in Q1 FY27 and ₹378 Mn (12.6% margin) in Q2 FY26.
  • PBT: ₹290 Mn (9.0% margin), compared to ₹259 Mn (8.2% margin) in Q1 FY27 and ₹291 Mn (9.7% margin) in Q2 FY26.
  • PAT: ₹230 Mn (7.2% margin), compared to ₹225 Mn (7.1% margin) in Q1 FY27 and ₹241 Mn (8.0% margin) in Q2 FY26.
  • Basic EPS: ₹0.43, compared to ₹0.42 in Q1 FY27 and ₹0.43 in Q2 FY26.
  • Diluted EPS: ₹0.43, compared to ₹0.42 in Q1 FY27 and ₹0.42 in Q2 FY26.

H1 FY27 Performance (Consolidated)

  • Total Revenue: ₹6,368 Mn, up 6.6% YoY from ₹5,971 Mn in H1 FY26.
  • Net Revenue: ₹6,357 Mn.
  • EBITDA: ₹736 Mn (11.6% margin), nearly flat YoY from ₹737 Mn (12.4% margin) in H1 FY26.
  • PBT: ₹545 Mn (8.6% margin), down from ₹561 Mn (9.4% margin) in H1 FY26.
  • PAT: ₹452 Mn (7.1% margin), down from ₹468 Mn (7.8% margin) in H1 FY26.
  • Diluted EPS: ₹0.85, down from ₹0.88 in H1 FY26.

Historical Consolidated Income Statement (H1 FY27 vs H1 FY26 vs FY26)

  • Revenue from operations: ₹6,357 Mn (H1 FY27) vs ₹5,952 Mn (H1 FY26) vs ₹12,169 Mn (FY26).
  • Other Income: ₹11 Mn (H1 FY27) vs ₹19 Mn (H1 FY26) vs ₹84 Mn (FY26).
  • Total Income: ₹6,368 Mn (H1 FY27) vs ₹5,971 Mn (H1 FY26) vs ₹12,253 Mn (FY26).
  • Total Expenses: ₹5,632 Mn (H1 FY27) vs ₹5,234 Mn (H1 FY26) vs ₹10,815 Mn (FY26).
  • Depreciation: ₹78 Mn (H1 FY27) vs ₹77 Mn (H1 FY26) vs ₹154 Mn (FY26).
  • Finance Cost: ₹113 Mn (H1 FY27) vs ₹99 Mn (H1 FY26) vs ₹212 Mn (FY26).
  • Tax: ₹93 Mn (H1 FY27) vs ₹93 Mn (H1 FY26) vs ₹157 Mn (FY26).
  • Other Comprehensive Income: -₹4 Mn (H1 FY27) vs ₹30 Mn (H1 FY26) vs ₹45 Mn (FY26).
  • Total Comprehensive Income (After Tax): ₹448 Mn (H1 FY27) vs ₹498 Mn (H1 FY26) vs ₹960 Mn (FY26).

Strategic and Operational Updates

Joint Venture Announcement

Kellton Tech EU Ltd. is forming a joint venture with Action Energy Company K.S.C.P. (Kuwait). The JV structure is 51% owned by Action Energy and 49% by Kellton, with an initial term of five years. It aims to target the GCC oil and gas digitalization market, estimated by AEC at over US$1 billion annually, with a goal to capture 5% market share over time. The JV will deploy Kellton's OPTIMA digital oilfield platform and broader IT services for energy operators, beginning operations in Kuwait with an office planned in Doha, Qatar.

Industry Recognition

  • SEBI TechSprint 2026: Kellton's NIYAMA, an agentic AI solution for regulatory compliance, won first prize at the event held during Global Fintech Fest 2026. The competition had 525 participating teams.
  • Asian Development Bank (ADB): Kellton received the Emerging Excellence Award at ADB's 5th IDIQ Vendor Summit for rapid scaling as a technology partner.
  • Global Fintech Fest 2026: Kellton's SBI AURA, an agentic AI solution concept for personalized banking, placed fourth in the SEBI Hackathon.

New Client Engagements and Updates

1. Global Pure-play Agriculture Company (Corteva): Completed a full revamp of retailer and distributor platforms, including a new real-time scheme engine, channel finance module, document repository, and integration with MoEngage for targeted communications.

2. Leading Automotive Finance Company: Engaged to design and build an enterprise loan integration platform to connect origination, customer management, and credit assessment systems.

3. Leading U.S. Healthcare Company: Selected to design and build an AI-driven enterprise claims management platform integrating healthcare, dental, and workers' compensation claims.

4. Premium Automotive Logistics Provider: Began with a digital platforms audit and managed IT infrastructure support.

5. Saudi Arabian Low-Cost Airline: Engaged to provide on-site quality engineering for a customer-facing application.

6. Seed Engineering Company: Secured engagement to support five applications, including backend systems and customer-facing apps for retailer/distributor networks.

7. Global Hearing Aid Manufacturer: Supporting connected medical device R&D through software development, firmware engineering, and testing.

Management Commentary

From Chairman Niranjan Chintam: "We continued to make progress on profitability, with our Y-o-Y revenue growth at 6.5%. Sustaining this improvement and strengthening cash conversion through disciplined working capital management remain key priorities... We are increasingly seeing our investments in AI engineering translate into deeper engagements and a broader strategic role with existing clients." He noted a strong pipeline for Q3 and Q4 to expand engagements with existing and new clients.

Company Overview Metrics

  • Projects Delivered: 2000+
  • Clients Served: 500+
  • Centers Of Excellence: 10+
  • Global Team: 1800+
  • Industries Catered To: 15+