Saksoft Limited held an earnings conference call to discuss its performance for the second quarter and first half of the financial year 2027 (Q2/H1 FY27). The event was hosted by Monarch Networth Capital Limited.

  • Type of Event: Quarterly earnings conference call and Q&A session.
  • Date and Time: The call was held on November 05, 2026. A specific time and time zone were not mentioned in the provided transcript.
  • Purpose: To discuss the company's financial and operational performance for Q2 and H1 FY27.
  • Management Participants: The call featured Mr. Aditya Krishna (Chairman and Managing Director), Avantika Krishna (Executive Director), and Mr. Niraj Kumar Ganeriwala (Chief Financial Officer and Chief Operating Officer). Mr. Vinay Menon from Monarch Networth Capital Limited moderated the call.
  • Availability of Materials: The management's opening remarks indicated they hoped participants had reviewed the company's "financial results and investor presentation," implying these documents were published prior to the call. There was no specific mention of a transcript or recording being made available.
  • UPSI Statement: The document did not contain any explicit compliance language stating that no unpublished price sensitive information (UPSI) would be shared.

Financial Highlights Discussed:

  • Q2 FY27 Performance: Revenue from operations was INR 249 crores, flat quarter-on-quarter (QoQ). EBITDA was INR 44 crores, down 4% QoQ, with margins at 17.6% (down 66 bps). Profit After Tax (PAT) was INR 32 crores, up 10% QoQ, with PAT margins at 12.92% (up 114 bps).
  • H1 FY27 Performance: Operating income was INR 497 crores, a marginal decline of 2% year-on-year (YoY). Operating EBITDA was INR 89 crores, down 8% YoY, with margins at 17.93% (down 107 bps). PAT was INR 61 crores, with PAT margins at 12.35% (down 111 bps YoY).
  • Revenue Mix (H1 FY27): Geographically, 51% from U.S., 28% from Europe, and 21% from APAC and other regions. Delivery-wise, 43% on-site and 57% offshore. Vertically, 30% from BFSI, 45% from emerging verticals, 16% from logistics, and 9% from digital commerce.
  • Customer & Employee Metrics: 16 clients generating over USD 1 million each annually. Top 5, 10, and 20 clients contributed 40%, 58%, and 72% of revenues, respectively. Total employee strength was 2,393 (2,203 technical, 190 support). Utilization excluding trainees was 84%.
  • Balance Sheet: Net cash (after excluding debt) stood at INR 244 crores as of September 30, 2026, an increase of ~INR 95 crores YoY.

Strategic & Forward-Looking Statements:

Management discussed a strategic pivot to an "AI-first" approach, proactively engaging with clients to implement AI for efficiency gains, which may cause short-term revenue cannibalization but is expected to strengthen long-term client relationships.

The company appointed Mr. Gurmeet Chahal as Chief Executive Officer to strengthen leadership for global growth.

Management expressed confidence that H2 FY27 performance would be stronger than H1. They referenced an ambitious long-term goal of reaching $500 million in revenue by 2030, which would require a ~39% CAGR from current levels, and indicated this would be pursued through a combination of organic growth, inorganic acquisitions (funded internally), and a new "pull strategy" leveraging partnerships (e.g., ServiceNow, Salesforce).

The previously stated revenue guidance of INR 1,200 - 1,250 crores for FY27 was mentioned as a "tough ask" but still a target they are working towards, dependent on the success of "non-linear options."

Additional Notes Section

  • The document provided is a full transcript of the earnings conference call, including the management presentation and the complete Q&A session.
  • The announcement itself did not disclose new financial data; it was the conduit for the discussion of already-published results.
  • Logistical details like a dial-in number were part of the transcript but are excluded from this summary as per instructions.