Financial Highlights (H1 FY27 vs H1 FY26)

Quantitative Performance (₹ in Lakh, except percentages and EPS):

  • Revenue from Operations: ₹16,444.46 (vs ₹10,859.35 in H1 FY26) - 51.43% increase
  • Total Income: ₹16,711.57 (vs ₹10,869.17 in H1 FY26) - 53.75% increase
  • EBITDA (including other income): ₹670.14 (vs ₹368.94 in H1 FY26) - 81.64% increase
  • EBITDA Margin: 4.01% (vs 3.39% in H1 FY26) - 62 basis points improvement
  • Net Profit: ₹621.16 (vs ₹318.09 in H1 FY26) - 95.28% increase
  • Net Profit Margin: 3.72% (vs 2.93% in H1 FY26) - 79 basis points improvement
  • EPS: ₹8.61 (vs ₹5.88 in H1 FY26) - 46.43% increase

EBITDA Composition Note:

  • Other income included in EBITDA: ₹267.11 lakh (vs ₹9.82 lakh in H1 FY26)
  • Employment-scheme reimbursement component: ₹167.36 lakh
  • EBITDA excluding other income: ₹403.03 lakh (vs ₹359.12 lakh in H1 FY26) - 12.23% increase

Management Commentary

Mr. Rajeev Kumar, Chairman & Managing Director, commented on the performance:

  • H1 FY27 represented a period of steady progress for PAN HR
  • Total Income reached ₹167.12 crore (₹16,711.57 lakh)
  • Company deployed over 10,000 personnel for more than 25 enterprise clients across 15 states in FY26
  • Built integrated workforce solutions partner over the last decade serving e-commerce, quick commerce, logistics, warehousing, manufacturing and infrastructure sectors
  • Cloud-based HRMS and technology-enabled payroll and compliance systems enable management of large workforces
  • Strengthened balance sheet following listing enables progression toward Pay & Collect model for larger workforce mandates
  • Expansion targeting Tier-II cities, new sectors and higher-margin services
  • Focus remains on disciplined growth and long-term value creation

Business Outlook & Operational Highlights

Recognition & Awards:

  • Received "Best Supportive Vendor Award" from Shadowfax in September 2026

Geographic Presence:

  • Currently operates in 25 states
  • Deployed more than 15,000 personnel

Client Agreements:

  • Entered Temporary Staffing Services Agreement with Ciel Et Terre Solar Private Limited for manpower deployment, payroll and compliance management
  • Agreement valid until April 27, 2027
  • Expands client presence in solar sector

Sector Focus:

  • Serves workforce-intensive sectors including e-commerce, quick commerce, logistics, warehousing, manufacturing and infrastructure
  • Deployed 10,000+ personnel for 25+ enterprise clients in FY26

Business Model Transition:

  • Progressing towards Pay & Collect model to support payroll funding requirements and enable larger workforce mandates

Technology Infrastructure:

  • Utilizes cloud-based HRMS and technology-enabled payroll and compliance systems to support workforce operations

Expansion Plans:

  • Targeting Tier-II cities
  • Expanding into new sectors including FMCG, Healthcare Support Services and Green Logistics
  • Scaling higher-margin services: Payroll Outsourcing, Compliance Audit and HR Consulting services
  • Backed by strengthened, debt-light balance sheet

Company Description

PAN HR Solution Limited provides comprehensive human resource management and workforce solutions to businesses across India. Services include:

  • Manpower recruitment
  • Staffing solutions
  • Payroll management
  • Facility management services
  • Compliance auditing services

Operating on a B2B model, the company caters to diverse industries by providing end-to-end workforce management solutions ranging from unskilled to skilled manpower deployment.

Disclaimer Note

The document contains forward-looking statements subject to risks and uncertainties including government actions, political or economic developments, technological risks and other factors that could cause actual results to differ materially. The company undertakes no obligation to publicly update these statements except as required under applicable laws.