This document is an investor presentation disclosing the unaudited financial results for Updater Services Limited (UDS) for the quarter ended June 30, 2026 (Q1 FY27), approved by the Board of Directors on July 30, 2026.

Q1 FY27 Financial Performance

  • Revenue from operations stood at ₹7,642.9 million, a 9% increase Year-over-Year (YoY) from ₹7,002.4 million in Q1 FY26 and a 3% increase Quarter-over-Quarter (QoQ) from ₹7,428.2 million in Q4 FY26.
  • EBITDA was ₹423.2 million, up 8% YoY from ₹393.0 million but down 1% QoQ from ₹426.0 million.
  • EBITDA margin was 5.5%, compared to 5.6% in Q1 FY26 and 5.7% in Q4 FY26. The margin was marginally impacted due to a change in business mix and higher employee costs.
  • Profit After Tax (PAT) was ₹302.9 million, registering a growth of 4% YoY from ₹289.9 million and 11% QoQ from ₹273.7 million.
  • Earnings Per Share (EPS) - Basic was ₹4.4.
  • Key expense lines included:
  • Employee benefits expense (incl. ESOP): ₹6,008.1 Mn
  • Other expenses: ₹962.5 Mn
  • Cost of services and other raw material: ₹215.6 Mn
  • Impairment losses on financial instrument and contract assets: ₹33.5 Mn
  • Finance Cost: ₹13.8 Mn
  • Tax: ₹28.7 Mn

Segment Highlights

  • The company operates as an integrated business services platform with two main segments:
  • Integrated Facility Management (IFM) & Other Services: Contributed 67% of total Q1 FY27 revenues. Services include housekeeping, pest control, engineering services (MEP), staffing, washroom hygiene solutions, and warehouse management.
  • Business Support Services (BSS): Contributed 33% of total Q1 FY27 revenues. This segment includes acquisitions like Denave (sales enablement), Matrix (employee background verification, audit & assurance), and offers services like airport ground handling and mailroom management.
  • The company reported a 95% customer retention rate over a 5-year window for both segments.
  • Within BSS, Denave was noted as the largest revenue contributor, driven by strong traction in Field Marketing Services and Demand Generation Services.

Growth Strategies and Business Overview

  • The presentation outlines key growth strategies centered on its position as a leading integrated business services platform.
  • It highlights a PAN-India presence, a large workforce, a track record of strategic acquisitions (funded through internal accruals), longstanding customer relationships, and a focus on technology.
  • The company's journey from FY2004 to FY2027 is depicted, showing evolution from facility management to an integrated platform through both organic growth and acquisitions.

Industry Outlook

  • The outsourced Integrated Facility Management (IFM) market in India is presented as a growth opportunity, with a preference for outsourcing and a shift towards organized integrated players.
  • The Business Support Services (BSS) segment, valued at approximately ₹7,115 Cr, is expected to grow at a ~15.3% CAGR during FY23-FY28P.
  • A competitor analysis table is included, comparing service offerings of UDS and 9 other competitors across various service lines, showing UDS has one of the broadest service portfolios.

Historical Financials (Consolidated)

Profit & Loss Statement (₹ Mn)

| Fiscal Year | Revenue | EBITDA | EBITDA Margin | PAT |

| FY26 | 29,395.1 | 1,341.7 | 4.6% | 827.8 |

| FY25 | 27,360.6 | 1,665.4 | 6.1% | 1,189.7 |

| FY24 | 24,443.6 | 1,342.2 | 5.5% | 662.7 |

| FY23 | 20,884.8 | 821.9 | 3.9% | 346.0 |

| FY22 | 14,836.0 | 782.5 | 5.3% | 574.1 |

Balance Sheet Highlights (as of Mar-26, ₹ Mn)

  • Total Equity: 10,558.2
  • Total Non-Current Liabilities: 1,313.1
  • Total Current Liabilities: 4,527.1
  • Total Non-Current Assets: 5,894.4
  • Total Current Assets: 10,504.0
  • Total Assets: 16,398.3
  • Cash and cash equivalents: 2,085.3
  • Bank balances other than cash and cash equivalents: 454.1

Cash Flow Statement (FY26, ₹ Mn)

  • Net Cash from Operating Activities: 1,436.5
  • Net Cash from Investing Activities: 222.4
  • Net Cash from Financing Activities: -758.5
  • Net Increase in Cash and Cash equivalents: 900.3

Corporate Governance and CSR

  • The board of directors is listed, including Promoter/Chairman & MD Raghunandana Tangirala and Independent Directors Sunil Chandiramani, Jigyasa Sharma, and Amit Choudhary.
  • Senior Executive Director & Whole-Time Director Sangeeta Sumesh is also mentioned.
  • Corporate Social Responsibility (CSR) activities include 'Digital Pathshala' for children with special needs, animal welfare, and 'Shop for Good' supporting eco-friendly products by marginalized women.

Investor Relations Contacts

  • Company Contact: Mr. Ram Praveen Radhakrishnan (rampraveen.r@uds.in)
  • Investor Relations Firm: Strategic Growth Advisors Pvt. Ltd.
  • IR Contacts: Mr. Deven Dhruva / Ms. Prachi Chhugani (deven.dhruva@sgapl.net / prachi.chhugani@sgapl.net)