SoftTech Engineers Limited – Investor Presentation Summary
Key Operational Highlights
- Pay-per-use recurring revenue reached ₹31.72 Cr in FY26, up 38.6% YoY from ₹22.89 Cr in FY25.
- Maintained over 24% of total revenue from transaction-based models.
- Key drivers: Tighter credit controls, milestone-linked billing, and growth in pay-per-use transactions.
Segment-wise Performance
- Not explicitly broken down by segment in the presentation.
Financial Highlights
Revenue: ₹128.3 Cr (Standalone FY26) | ₹132.90 Cr (Consolidated FY26)
EBITDA: ₹34.39 Cr (Standalone FY26) | ₹32.19 Cr (Consolidated FY26)
PAT: ₹9.57 Cr (Standalone FY26) | ₹5.33 Cr (Consolidated FY26) [Note: Consolidated PAT figure appears inconsistent with table data; presented as per source]
EBITDA Margin: 27% (Standalone FY26) | 24% (Consolidated FY26)
PAT Margin: 7% (Standalone FY26) | 4% (Consolidated FY26)
YoY Comparison: Standalone revenue growth of 37.4% (₹93.36 Cr to ₹128.30 Cr); EBITDA growth of 36.9% (₹25.13 Cr to ₹34.39 Cr)
Drivers of financial performance: Improved operational efficiency, scale benefits, and growth in transaction-based revenue.
Key Risks: Not explicitly disclosed in presentation.
Geographical Revenue Split
- Domestic vs Export/Regional Revenue: Not specified.
Balance Sheet Snapshot
- Net Debt/Equity: Not specified.
- Reserves: Not specified.
- Current Assets/Liabilities: Not specified.
- Working Capital/Leverage Metrics: Cash Conversion Cycle improved to 169 days in FY26 from 270 days in FY25.
- Financial Health Insights: Free Cash Flow improved from (₹4.85) Cr in FY25 to (₹0.09) Cr in FY26.
Capex & Cash Flow Health
- Capital Expenditure: Not specified.
- Free Cash Flow: (₹0.09) Cr (FY26) | (₹4.85) Cr (FY25)
- Operating Cash Flow: Not specified.
- Net Debt Movement: Not specified.
- Investment Rationale: Focus on platform-led growth and scalable, cash-efficient models.
Strategic & R&D Initiatives
- Investments in Innovation: Launched CivitTwin, CivitTDR, and CivitInfra platforms; enhanced Civit Core products with AI/ML/GIS capabilities.
- Expected impact on growth: Platforms expected to generate transaction fees and replication revenue across markets.
- Strategic Rationale: Shifting from products to platforms to bridge government and industrial revenue streams.
Industry Trends & Business Environment
- Macro/Industry Trends: Not explicitly discussed beyond product launches.
- Impact on Company: Not specified.
Management Commentary & Growth Outlook
- Strategic Outlook: Focus on expanding internationally (Germany, Middle East, USA), improving EBITDA margin, reducing DSO below 200 days, and growing PAT toward double digits.
- FY Guidance: Not explicitly provided.
- Market Share Targets: Not specified.
- Risks and Opportunities: Not highlighted in detail.
Additional Headings
Cash Conversion Cycle Analysis
- DSO (Days Sales Outstanding): Improved from 462 days (FY22) to 260 days (FY26) – 43% reduction.
- DPO (Days Payable Outstanding): Reduced from 102 days (FY25) to 91 days (FY26).
- CCC (Cash Conversion Cycle): Reduced from 362 days (FY22) to 169 days (FY26) – 53% improvement.
- Reasons for improvement: Pay-per-use transactions enabling immediate cash realization, milestone-linked billing, and tighter credit controls.
Recent Wins & Launches (FY25-26)
- Single Window Approval System for EV Ecosystem & NHEV Initiative.
- eBGAI Smart Permitting platform combining Permit Portal and Twin Portal.
- India's First eTDR Platform for Govt. of Maharashtra & BMC.
- CivitINFRA for AAI (Airport Infrastructure Monitoring).
- CivitPERMIT (AutoDCR) for Jammu & Kashmir Urban Governance.
- DDA Single Window Clearance system for Delhi Development Authority.
Platform Traction
- Manufacturing & Industrial Platform: PIM & AXL orders from Metawolf.
- AI Permit Twin Platform: BMC LOI and Germany launch.
- Development Rights Transaction Platform: Mumbai launch with strong enquiries.