Date: October 05, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
The AGM covered six agenda items:
- Item 1: Adoption of financial statements for FY26
- Item 2: Approving appointment of Ms. Megha Chopra as a Director liable to retire by rotation
- Item 3: Approving reappointment of Mr. Bhanu Chopra as Chairman and Managing Director
- Item 4: Approving remuneration to Mr. Bhanu Chopra as Chairman and Managing Director
- Item 5: Approving appointment of Mr. Ganesh Venkat Ramanan Kangeyam as an Independent Director
- Item 6: Approving reappointment of Ms. Aditi Gupta as Independent Director
Financial Results (Standalone & Consolidated)
FY25-26 Performance:
- Operating revenue: ₹1,823.6 crores (69.4% growth YoY from ₹1,076.7 crores)
- Total revenue: ₹1,884.9 crores
- EBITDA: ₹337.5 crores (45.4% growth)
- Adjusted EBITDA: ₹358.3 crores (54.4% growth) at 19.6% margin
- Reported PAT: ₹194.4 crores (7% decline from ₹208.9 crores in FY25)
- Adjusted PAT: ₹249.9 crores (19.6% growth)
Q4 FY26 Performance:
- Operating revenue: ₹715.5 crores (174.5% growth YoY, highest quarterly revenue)
- Adjusted EBITDA: ₹167.9 crores at 23.5% margin
- Adjusted PAT: ₹90.9 crores (65.8% growth)
Q1 FY27 Performance:
- Operating revenue: ₹785 crores (record quarterly revenue)
- Adjusted EBITDA: ₹193.4 crores at 24.6% margin (highest in company history)
- Adjusted PAT: ₹116.8 crores
- Revenue per employee: 95.3% growth
Segment Revenue Mix:
FY26: MarTech 69.1%, DaaS 20.2%, Distribution 10.7%
Q1 FY27: MarTech 81.1%, DaaS 12.6%, Distribution 6.3%
Geographic Revenue Mix:
North America: 58.8%, APAC: 24.9%, Europe: 14.6%
Balance Sheet Position:
- Net debt as of March 31, 2026: ₹722.3 crores
- Cash and cash equivalents: ₹173.1 crores
- Goodwill: ₹1,581 crores
- Other intangible assets: ₹784.9 crores
- Free cash flow FY26: ₹230 crores
- Free cash flow Q1 FY27: ₹135.2 crores at 78.8% conversion rate
- Net debt as of June 30, 2026: ₹615.4 crores
Disinvestment / Strategic Actions
Sojern Acquisition:
- Acquired in November 2025 for USD 280 million with USD 30 million earn-outs
- Funded with roughly equal contribution from internal accruals and external borrowings
- Created the largest pool of travel intent data in the industry
- Integration completed ahead of plan with USD 15 million annualized cost savings realized within first 100 days
- Customer migration onto single platform completed
Other Operational / Legal / Strategic Disclosures
AGM Conduct:
- Meeting held through video conferencing on September 24, 2026
- Remote e-voting facilitated through NSDL from September 20-23, 2026
- Mr. Devesh Vasisht of DPV & Associates LLP appointed as scrutinizer
- Statutory registers made available electronically for inspection