Ksolves H1 PAT Up 10.9%, Declares ₹1 Dividend

H1 FY27 Financial Results (Ended September 30, 2026):

Revenue: ₹79.24 Crores (up 2.5% YoY from ₹77.34 Crores in H1FY26)
PAT: ₹16.45 Crores (up 10.9% YoY from ₹14.83 Crores in H1FY26)
PAT Margin: 20.8% (vs 19.2% in H1FY26)
EBITDA: ₹22.28 Crores (up 1.2% YoY from ₹22.02 Crores in H1FY26)
EBITDA Margin: 28.1% (vs 28.5% in H1FY26)
PBT: ₹21.25 Crores (up 4.8% YoY from ₹20.28 Crores in H1FY26)

Q2 FY27 Financial Results:

Revenue: ₹37.80 Crores (down 8.8% QoQ from ₹41.44 Crores, down 4.7% YoY from ₹39.67 Crores)
EBITDA: ₹9.73 Crores (down 22.5% QoQ from ₹12.56 Crores, down 19.4% YoY from ₹12.07 Crores)
EBITDA Margin: 25.7% (within guided range of 25-30%)
PBT: ₹9.08 Crores (down 25.4% QoQ from ₹12.17 Crores, down 19.4% YoY from ₹11.26 Crores)
PAT: ₹7.25 Crores (down 21.3% QoQ from ₹9.21 Crores, down 13.8% YoY from ₹8.41 Crores)
PAT Margin: 19.2%

Ratan Srivastava, Founder, Chairman & Managing Director:

H1FY27 reflects continued focus on profitability, delivery efficiency and strengthening AI capabilities despite challenging operating environment
Q2FY27 revenue moderated due to client-specific ramp-downs and cautious technology spending
One large account has started scaling back up, expecting gradual recovery from Q4FY27 onwards
Achieved Select Partner status with both Anthropic's Claude Partner Network and OpenAI Partner Network
Secured strategic engagements across banking, global ports, education, data engineering and enterprise technology
Agentic AI mandate for a bank aimed at enabling 24x7 AI-led customer support and materially reducing response times
New engagements begin contributing progressively, focused on expanding opportunity pipeline and deepening client relationships
Building leaner, AI-enabled delivery organization

Umang Soni, Chief Financial Officer:

Profitability remained resilient despite revenue moderation in Q2FY27
EBITDA margin at 25.7% within guided range of 25-30%
Disciplined cost management and AI-led delivery efficiencies supported margins in softer revenue environment
Focused on improving utilization and revenue productivity while maintaining lean cost structure
As revenue recovers, initiatives should drive stronger operating leverage
Interim dividend declaration underscores commitment to shareholder returns

Key Partnerships:

Key Client Wins - Q2FY27:

South American commercial bank: Agentic AI Solution delivery alongside multiple Salesforce projects
Fortune Global 500 conglomerate's global ports arm: One-year Salesforce Support & AMC engagement covering maintenance and enhancement of Salesforce applications across port operations
Tier-1 African bank's UK subsidiary: 24×7 enterprise Informatica support covering incident response, troubleshooting, and business-critical data integration operations
Europe's largest public development bank: Three-year enterprise Hadoop support contract with 24×7 coverage plus specialized consultancy assignment for critical data environment
Top-50-ranked Australian public research university: Supporting Data Engineering team in technology landscape
U.S. based Salesforce ISV: Salesforce Agentforce (agentic AI) project along with ongoing Salesforce enhancements
U.S. communications-trust technology company: Working on Salesforce and MuleSoft platform
UK-based nonprofit serving agricultural community: Implementing and supporting Salesforce CRM

Ksolves participated in several key industry events:

Odoo Experience Brussels (September 24-26, 2026 | Belgium)
IMTS2026 (September 14-19, 2026 | Chicago, USA)
Odoo Experience India (September 11-12, 2026 | Gujarat, India)
Odoo Experience USA (September 2-3, 2026 | San Francisco, USA)
Frappeverse Mumbai (August 21-22, 2026 | Mumbai, India)

Globally trusted IT services and solutions provider with 14+ years of expertise
Headquartered in India with offices in USA, UAE and Australia
Team of ~500 professionals serving clients across 30+ countries
Solutions across AI/ML, Big Data, Cloud Computing, Salesforce, Odoo, Data Analytics, and DevOps