Date: August 22, 2026

Financial Results (Consolidated)

Q1 FY27 Performance (₹ Mn)

  • Revenue From Operations: ₹505 (Q1 FY26: ₹457), +10.5% YoY
  • Operational Expenses: ₹401 (Q1 FY26: ₹402), -0.2% YoY
  • Operational EBIDTA: ₹104 (Q1 FY26: ₹55), +89.1% YoY
  • Operational EBIDTA Margins: 20.6% (Q1 FY26: 12.0%), +855 bps
  • Depreciation and Amortisation: ₹17 (Q1 FY26: ₹8)
  • Finance Costs: ₹17 (Q1 FY26: ₹7)
  • Other Income: ₹4 (Q1 FY26: ₹1)
  • PBT: ₹74 (Q1 FY26: ₹41), +80.5% YoY
  • Tax Expenses: ₹14 (Q1 FY26: ₹7)
  • PAT: ₹60 (Q1 FY26: ₹34), +76.5% YoY
  • PAT Margins: 11.9% (Q1 FY26: 7.4%), +444 bps
  • Diluted EPS: ₹1.55 (Q1 FY26: ₹0.90), +72.2% YoY

Annual Financial Performance (₹ Mn)

| Particulars | FY24 | FY25 | FY26 |

| Revenue | 2,134 | 2,302 | 3,022 |

| Operational EBIDTA | 195 | 459 | 631 |

| Operational EBIDTA Margins | 8% | 17% | 17% |

| PAT | 109 | 300 | 407 |

| PAT Margins | 4% | 11% | 14% |

| Diluted EPS | ₹3.17 | ₹8.15 | ₹10.40 |

Balance Sheet Highlights (₹ Mn)

| Particulars | FY24 | FY25 | FY26 |

| Equity Share Capital | 69 | 78 | 392 |

| Reserves and Surplus | 319 | 877 | 968 |

| Total Equity | 388 | 955 | 1,360 |

| Long-term Borrowings | 185 | 173 | 415 |

| Short-term Borrowings | 227 | 220 | 440 |

| Total Assets | 2,029 | 3,218 | 3,420 |

| Property, Plant and Equipment | 83 | 138 | 479 |

| Trade Receivables | 1,003 | 1,623 | 1,144 |

| Cash and Cash Equivalents | 32 | 11 | 15 |

Business Overview

Service Revenue Mix (Q1 FY27)

  • Data Centre Infrastructure & IT Operations: 48%
  • Enterprise Applications: 26%
  • Digital Services: 12%
  • Proprietary Platforms: 14%

Services contribution rose to 65-68% of Q1-FY27 revenue from ~45% in Q1-FY26.

Proprietary Platforms

  • Synergy: Low-code digital transformation platform for rapid application development, workflow automation & business process management
  • XtraTrust: Digital trust and PKI-based authentication platform, MeitY-approved Certifying Authority for Digital Signature Certificates and e-Sign services

Client Segmentation

  • Government and PSU clients contributed approximately 47% of FY26 revenue
  • Serves BFSI, utilities, transportation, and manufacturing sectors
  • Executed 175 projects across multiple Indian states during FY24-FY26

Order Book & Business Development

  • Outstanding order book: ₹3,730 Mn (as of June 30, 2026)
  • Fresh orders secured during Q1 FY27: ~₹600 Mn
  • Active bid pipeline: ~₹12,000 Mn across Data Centres, Enterprise Applications, Digital Services
  • Key client contracts include:
  • Karnataka Power Transmission Corporation Limited: ₹470 Mn (Government, Karnataka)
  • RailTel Corporation of India Ltd.: ₹232 Mn (Government, Madhya Pradesh)
  • Bharat Sanchar Nigam Ltd.: ₹92 Mn (Government, Uttar Pradesh)

Strategic Initiatives

Growth Drivers

  • Expanding data centre infrastructure and cybersecurity capabilities
  • Geographical expansion across new Indian states and international markets (Middle East, Africa, Asia-Pacific)
  • Scaling proprietary platforms Synergy and XtraTrust
  • Technology innovation in AI, ML, IoT, cloud, blockchain, and edge computing

Market Positioning

  • 24+ years of experience in integrated technology solutions
  • 50+ data centres delivered with DC/DR expertise
  • ISO-9001:2015, ISO/IEC 27001:2013, ISO/IEC 20000-1:2011 & CMMi Level-5 Certified
  • Focus on e-Governance, digital trust, smart cities, and enterprise infrastructure

Industry Context

  • Global IT-ITeS market: USD 5.63 trillion in CY26E, projected CAGR of 4.7% from CY26 to CY30
  • Indian IT-ITeS market: USD 308 billion in FY26, projected CAGR of 6.9% from FY26 to FY31
  • Government initiatives supporting growth: BharatNet, Centres of Excellence in AI (₹500 crore), PLI Scheme, Make in India

Disclaimer Notes

The presentation contains forward-looking statements based on management's beliefs and assumptions. It is not an offer to purchase securities and should not be relied upon for investment decisions. The information is current only as of the presentation date.