The document is a regulatory disclosure of the transcript from the Q1 FY2027 Earnings Conference Call held on August 3, 2026, from 4:00 PM to 5:00 PM IST.
The event was an earnings call conducted through virtual mode from the company's Registered Office in Bengaluru to discuss the Audited Financial Results for the quarter ended June 30, 2026.
The stated purpose was to discuss quarterly results and provide a strategic update, following the company's filing of results with the exchanges.
Management participants included: Mr. Rajiv Mody (Chairperson, Managing Director & CEO), Mr. Hareesh Ramanna (Chief Experience Officer & President, Borqs Technologies), Dr. Anup Savla (CEO, Sasken Silicon), Mr. Priyaranjan (CFO), and Ms. Mohini Ray (Investor Relations Manager).
The transcript and recording were made available on the company's website at https://www.sasken.com/investors/quarterly-results under the path: FINANCIAL YEAR 2026-2027: Q1 | Q1 FY27 Earnings Call – Transcript.
The call included standard safe harbor statements noting that forward-looking statements involve risks and uncertainties.
Financial Highlights Discussed (from Transcript)
Revenue Performance: Total consolidated revenue for Q1 FY27 was ₹339 Crores, up 24% YoY and 1.6% QoQ.
Software Services revenue: ₹219 Crores, up 24.3% YoY and 4.8% QoQ.
Product Solutions revenue: ₹120 Crores, up 23.6% YoY but down 3.9% QoQ.
Margins: Gross margin stood at 21.9% (₹74 Cr). Software Services gross margin improved 240 bps to 30.6%, while Product Solutions margin moderated to 5.9% (down 310 bps QoQ).
Profitability: EBITDA was ₹31 Crores (9.5% margin); EBIT was ₹21 Crores (6.3% margin); PAT was ₹23 Crores (6.9% margin).
Order Booking: Total Contract Value (TCV) of $47 million, with $34 million from new deals. Annual Contract Value (ACV) was $40 million.
Customer Metrics: 93 active customers (vs. 79 YoY), added 5 new logos. Top 5 customer concentration at 56%.
Headcount: Global headcount reached 2,658, with attrition at 9.8% and utilization at 85%.
Cash Position: Strong balance sheet with cash and investments of ₹356 Crores.
Strategic Themes: Focus on 'Chip-to-Cognition' strategy, AI-led engagements, and scaling through the '60x4x3' customer growth strategy.
Additional Notes Section
The document is a formal submission to BSE and NSE containing the earnings call transcript as an enclosure.
The transcript was edited for clarity and readability but may contain errors; the company disclaims responsibility for transcription inaccuracies.
The document includes a detailed Q&A session with analysts from firms including Niveshaay, Vallum Capital, Toro Wealth Managers, Nuvama AMC, Bowhead Investments, CARE PMS, TPF Capital, and ithought PMS.