The call ran from 3:59 PM to 4:54 PM IST (55 min).

Key takeaways

H1 FY27 revenue ₹95.21 Cr (+27.5% YoY) and PAT ₹12.03 Cr; FY27 revenue outlook raised to ₹202 Cr, but operating cash flow was negative ₹4.7 Cr on receivables stretch.

Highlights
Revenue growth	27.5% YoY to ₹95.21 Cr; recurring up 43%, mostly existing clients.
Margins	Gross margin 33.5% vs 34.3% YoY; EBITDA margin 17.3% vs 17.7%.
Order book	H2 estimate ₹107 Cr; ₹95.4 Cr contracted recurring revenue.
Demand visibility	Cloud demand strong; AI-driven; weighted H2 pipeline ₹110 Cr.
Management confidence	Optimistic, but candid on negative operating cash flow.

Growth

Revenue +27.5% YoY, recurring +43% (87% mix), MRR ₹15.9 Cr; projects lumpy, down YoY.

Outlook

FY27 revenue outlook ₹202 Cr (from ₹190.56 Cr); H2 estimate ₹107 Cr, of which ₹95.4 Cr contracted.

Risks

Operating cash flow -₹4.7 Cr; receivables ₹39.5 Cr (from ₹28.99 Cr); debtor days up to 64; top-20 clients 71%.

Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published 5 Nov 2026, 5:51 PM IST. Open it on ALFA Filings ›

The results behind this call

4 Nov 2026 13:20 IST BSE

Financial Results

Workmates Core2Cloud Solution H1 FY27 Results: Net Profit ₹12 Cr, Up 31.9% YoY

Workmates Core2Cloud Solution Ltd reported revenue from operations of ₹95.2 Cr (+27.4% YoY) and net profit of ₹12 Cr (+31.9% YoY) for H1 FY27.

Key figure: Net profit ₹12 Cr · +31.9% YoY

Open full results → Read the filing ↗

What management said last time

Full summary →

From the call summary published 25 May 2026.

Outlook they gave

Management guides FY27 revenue at ₹210cr (45%+ growth) and PAT at ₹24-25cr. Targeting 5% revenue from AI/Cybersecurity.

Growth they described

FY26 revenue grew 34% YoY; 3-year CAGR at 64%. PAT grew 16% to ₹15.92cr.

Call details

Company	Workmates Core2cloud Solution Ltd
NSE symbol	WORKMATES
ISIN	INE1I1301016
Call	Q2 FY27 earnings call
Date	Thursday, 5 November 2026
Time	4:00 PM IST
Length	55 min