Key Financial Results - Consolidated (Q1 FY27)

  • Revenue from operations: ₹3,764.7 million (21.1% YoY growth)
  • EBITDA: ₹944.1 million (28.0% YoY growth)
  • EBITDA margin: 25.1% (135 basis points YoY expansion)
  • Profit Before Tax: Not explicitly stated but calculable as PAT + Tax = ₹603.4 million + ₹215.03 million = ₹818.43 million
  • Profit After Tax: ₹603.4 million (63.8% YoY growth)
  • PAT margin: 16.0%

Segment Revenue Contribution - Consolidated

  • Payment Solutions: 42% of revenues
  • Communication & Fulfilment Solutions: 40% of revenues
  • IOT Solutions: 18% of revenues
  • Top 10 customers contributed 56% of total revenues

Key Financial Results - Standalone (Q1 FY27)

  • Revenue from operations: ₹3,762.15 million
  • Other income: ₹70.86 million
  • Total income: ₹3,833.01 million
  • Total expenses: ₹3,000.15 million
  • Profit before tax: ₹832.86 million
  • Tax expense: ₹215.41 million
  • Profit after tax: ₹617.45 million
  • Earnings per share (basic and diluted): ₹3.82
  • Total comprehensive income: ₹623.32 million

Management Commentary

Pragnyat Lalwani, Managing Director: Reported strong start to FY27 with healthy demand across key business verticals. Mentioned geopolitical tensions resulted in higher fuel prices and increased INR inflation, leading to elevated input costs and pressure on gross margins. Focus remains on operational efficiency, cost discipline, deepening customer engagement, and scaling high-growth offerings.

Pavan Kumar, Chief Financial Officer: attributed strong performance to healthy revenue growth and improved profitability. Noted disciplined cost management and operating leverage helped offset raw material cost impacts. Lower finance costs following debt reduction strengthened profitability. Company will maintain financial discipline, enhance supply-chain agility, and strengthen cash flows.

Board Meeting Details

  • Meeting held on July 23, 2026
  • Commenced at 05:45 p.m. and concluded at 07:00 p.m.
  • Board approved unaudited financial results (standalone and consolidated)
  • Audit Committee reviewed the results prior to board approval

Auditor Review

  • Statutory Auditors Vatsaraj & Co. conducted limited review of both standalone and consolidated financial results
  • Firm Registration No: 111327W
  • Partner: CA Jwalant S Buch (M. No. 039033)
  • Review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • For consolidated results, includes two subsidiaries: Rite Infotech Private Limited and Atoll Solutions Private Limited

Subsidiary Performance (Consolidated)

  • One subsidiary reported revenue of ₹2.65 million, net loss after tax of ₹(2.15) million, and total comprehensive income of ₹(2.11) million for the quarter
  • Another subsidiary reported revenue of ₹18.10 million, net profit after tax of ₹0.77 million, and total comprehensive income of ₹0.74 million for the quarter

IPO Proceeds Utilization

As of June 30, 2026:

  • Funding capital expenditure: Utilized ₹618.21 million of ₹1,979.13 million allocated (₹1,360.92 million unutilized)
  • Debt repayment: Fully utilized ₹3,000.00 million allocated
  • Issue expenses: Utilized ₹332.08 million of ₹350.62 million allocated (₹18.54 million unutilized)
  • General corporate purposes: Utilized ₹348.91 million of ₹670.25 million allocated (₹321.34 million unutilized)
  • Total utilization: ₹4,299.20 million of ₹6,000.00 million raised (₹1,700.80 million unutilized)

Additional Information

  • Company has a single business segment: Security & variable data Printing
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Figures for corresponding previous periods have been regrouped/rearranged/recasted for comparison
  • Results available on company website: https://seshaasai.com/media-news/investor/