Key Financial Highlights - H2 FY26 Performance

Revenue Performance:

  • H2 FY26 Revenue: ₹12,656.59 lakhs
  • H2 FY25 Revenue: ₹9,885.11 lakhs
  • Growth: 28.04% Year-over-Year

Profitability Metrics:

  • EBITDA H2 FY26: ₹486.89 lakhs (29.89% YoY growth from ₹374.85 lakhs)
  • EBITDA Margin H2 FY26: 3.85% (5 basis points improvement from 3.79%)
  • Net Profit H2 FY26: ₹432.20 lakhs (157.58% YoY growth from ₹167.79 lakhs)
  • Net Profit Margin H2 FY26: 3.41% (172 basis points improvement from 1.70%)
  • Earnings Per Share (EPS) H2 FY26: ₹7.64 (146.45% growth from ₹3.10)

Balance Sheet Position

  • Net Worth: ₹3,751.18 Lakhs
  • Cash & Bank Balance: ₹2,433.61 Lakhs
  • Debt-Free Balance Sheet with finance cost of only ₹3.21 Lakhs

Operational Highlights

  • Maintained workforce deployment base exceeding 10,000 personnel across client locations
  • Continued servicing leading clients across e-commerce, quick commerce, logistics, manufacturing and facility management sectors
  • Successfully completed BSE SME IPO during FY26, raising ₹1,404 Lakhs
  • Maintained strong compliance standards with timely statutory payments and payroll processing
  • Initiated transition towards the Pay & Collect operating model

Performance Drivers

Cost Optimization:

  • Employee benefit expenses reduced from ₹789.94 Lakhs in FY25 to ₹493.19 Lakhs in FY26
  • Optimization of managerial remuneration
  • Improved productivity per associate
  • Organizational restructuring following the IPO process

Financial Efficiency:

  • Virtually debt-free balance sheet resulting in finance costs of only ₹3.21 Lakhs during FY26
  • Lower depreciation
  • Improved tax efficiency

Revenue Context:

  • Moderation in revenue due to contract repricing and billing cycle adjustments
  • Stable deployment base of over 10,000 personnel maintained

Industry Presence

The company maintains strong presence across:

  • E-commerce and Warehousing
  • Quick Commerce
  • Logistics and Last-Mile Operations
  • Industrial and Manufacturing Services
  • Facility Management Services

Serves workforce requirements across fulfilment centres, warehouses, logistics hubs, industrial facilities and corporate establishments.

Growth Outlook - FY27 Expectations

Management expects growth to be supported by:

  • Deployment of IPO proceeds towards working capital expansion
  • Expansion of the Pay & Collect business model
  • Growth in quick commerce and e-commerce workforce demand
  • Entry into additional geographies and industry verticals
  • Expansion of higher-margin services including payroll outsourcing, compliance management and HR consulting

Management Commentary

Mr. Rajeev Kumar, Managing Director & CEO, stated: "FY26 was an important year for PAN HR Solutions as we strengthened our balance sheet, completed our public listing and enhanced operational efficiency across the organisation. While the year witnessed revenue moderation due to contract repricing and billing-cycle adjustments, we delivered strong growth in profitability through disciplined cost management, productivity improvements and organisational restructuring. The successful IPO has provided us with a strong liquidity position that will support working capital expansion and accelerate our transition towards the Pay & Collect model."

Additional Information

Press release available on company website: https://www.panhr.in/

Corporate communication contact: Ms Pooja Gandhi, EquiBridgex Advisors Private Limited