Financial Performance Overview

Quarterly Financial Results (Consolidated)

Q1 FY27 (Quarter ended June 30, 2026) Performance:

  • Total operating revenue: Rs 9.6 million
  • Adjusted Operating EBITDA: Rs (14.9) million (after excluding ESOP expenses of Rs 2.3 million)

Quarter-over-Quarter Comparison (Q1 FY27 vs Q4 FY26):

  • Revenue decreased from Rs 10.8 million in Q4 FY26 to Rs 9.6 million in Q1 FY27
  • Adjusted Operating EBITDA improved from Rs (15.6) million in Q4 FY26 to Rs (14.9) million in Q1 FY27

Year-over-Year Comparison (Q1 FY27 vs Q1 FY26):

  • Revenue increased from Rs 7.8 million in Q1 FY26 to Rs 9.6 million in Q1 FY27 (23% growth)
  • Adjusted Operating EBITDA improved from Rs (16.4) million in Q1 FY26 to Rs (14.9) million in Q1 FY27

Historical Financial Performance

| Metric (Rs in million) | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |

| Revenue from Operations | 7.8 | 7.6 | 11.2 | 10.8 |

| Adjusted Operating EBITDA | (16.4) | (16.1) | (14.9) | (15.6) |

| Adjusted Operating EBITDA Margin (%) | NA | NA | NA | NA |

Note: Adjusted Operating EBITDA excludes ESOP expenses of Rs 0.9 million (Q1 FY26), Rs 2.5 million (Q2 FY26), Rs 2.5 million (Q3 FY26), Rs 2.4 million (Q4 FY26), and Rs 2.3 million (Q1 FY27)

Business Updates and Strategic Initiatives

Platform Developments

DocuXray Platform:

  • Xelpmoc's document intelligence and automation platform driven by an independent, local and privately deployable AI engine
  • Features include structured and unstructured data extraction, workflow automation, and rule-based intelligent validation engine
  • Continued to demonstrate strong technical capability during the quarter

RELY Platform Launch:

  • Xelpmoc's flagship Agetech platform catering to Assisted and Senior Living ecosystems went live in Q1 FY27
  • Strong early traction with three customers successfully onboarded during the period

Technology Focus

  • Company expanded application of Artificial Intelligence, Data Science, and Machine Learning across client engagements
  • Focus on enabling greater automation, improved decision-making, and enhanced business outcomes
  • Continued investments in innovation and technology with strong customer-centric approach

Investment Portfolio

  • The fair value of portfolio investments as on June 30, 2026 stands at approximately Rs 726.8 million

Management Commentary

Mr. Sandipan Chattopadhyay, MD & CEO:

  • Company remains focused on driving sustainable growth through proprietary platforms and advanced analytics capabilities
  • Disciplined approach to operational efficiency
  • DocuXray platform looks promising with positive outlook
  • Positioned to deepen client relationships, expand market reach, and create long-term value for stakeholders

Mr. Jaison Jose, Whole-time Director:

  • RELY Agetech platform successfully launched with three customers onboarded
  • Products like RELY and DocuXray position Xelpmoc to capitalize on emerging digital opportunities across Agetech and enterprise automation
  • Foundation laid for scalable growth and long-term value creation

Company Background

  • Professional and technical consulting services company focused on innovation
  • Engaged in building next generation technology in Data Science, Artificial Intelligence (AI) and Machine Learning (ML)
  • Services include mobile and web application development, prototype development, thematic product development, and data science and analytics assistance
  • Clients range from entrepreneurs and startup enterprises to established companies in e-commerce, transportation and logistics, recruitment, financial services, social networking, and various other industries
  • Operations commenced in Bengaluru, India in 2015
  • Business operations categorized as technology services, and technology solutions/products
  • Promoters include Sandipan Chattopadhyay (29+ years IT experience), Srinivas Koora (27+ years finance experience), and Jaison Jose (operations strategy)