• The document pertains to an earnings conference call for Q2 and H1 FY 2027 results of Quick Heal Technologies Limited, hosted by Valorem Advisors.
  • The conference call was held on Wednesday, October 28, 2026 at 04:00 PM IST.
  • The purpose of the event was to discuss the company's fundamental business and financial performance for the quarter under review (Q2 FY27).
  • Management participants included Dr. Sanjay Katkar (Joint Managing Director), Mr. Harish Kumar (Chief Executive Officer), and Mr. Ankit Maheshwari (Chief Financial Officer).
  • The transcript of the call was made available on the company's website at: https://www.quickheal.co.in/media/investorrelations/announcement/conference-calltranscript-q2-fy27.pdf
  • The company included a cautionary statement that some statements mentioned in the call may be forward-looking in nature and subject to risks and uncertainties.

Financial Highlights Disclosed

  • Consolidated revenue for Q2 FY27 stood at INR 65 crore, representing:
  • 44% quarter-on-quarter growth over Q1 FY27
  • 22% year-on-year decline
  • Business segment revenue breakdown:
  • Enterprise revenue: INR 35 crore (18% QoQ growth, 4% YoY decline)
  • Consumer revenue: INR 36 crore (86% QoQ growth, 40% YoY decline)
  • Total expenditure (excluding depreciation) remained flat at INR 63 crore in Q2 FY27
  • EBITDA improved from a loss of INR 17.6 crore in Q1 FY27 to a positive INR 2.3 crore in Q2 FY27
  • PAT was INR 5.8 crore (9% margin), compared with a loss of INR 5.3 crore in Q1 FY27
  • Balance sheet remains strong and debt-free
  • Total receivables declined to INR 98 crore from INR 107 crore at the end of Q1 FY27, and from INR 176 crore in Q2 FY26
  • Deferred revenue stood at INR 48 crore compared with INR 52 crore in Q1 FY27
  • Enterprise order book remained above INR 57 crore

Strategic and Business Updates

  • The company is transitioning focus from consumer to enterprise cybersecurity business
  • Enterprise revenue contribution is now approximately 50% (aiming for 80%+ in coming years)
  • New product offerings include data privacy, exposure management, and ransomware resilience solutions
  • Strategic wins across defence, BFSI, and a large IT services company through new-generation products
  • Government business continues to show momentum
  • International presence in 70+ countries with focus on selective markets (Italy, Philippines, South America)
  • Consumer business facing challenges due to Microsoft's free antivirus offerings and changing market dynamics

Additional Notes Section

  • The document includes the full transcript of the earnings conference call with analyst Q&A session
  • The company explicitly stated that the purpose of the earnings conference call was purely to educate and bring awareness about the company's fundamental business and financial performance
  • The filing was digitally signed by Vikram Dhanani, Compliance Officer, on November 3, 2026