Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Indegene Earnings Call Transcript: Key Takeaways

Indegene delivered its strongest Q1 growth in four years, yet remains burdened by elevated costs from strategic investments and workforce transformation.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth39.7% YoY; 6% QoQ growth. Strongest Q1 in 4 years.
MarginsSequential EBITDA margin at 16.9%; targeting 19-20% by Q4 FY27.
Order bookRobust; 105 active clients. Large tectonic deals ramping up.
Demand visibilityPositive; clients excited by AI, though enterprise adoption remains measured.
Management confidenceConfident, shifting from optimism to conviction regarding GenAI and scale.

Growth

Revenue grew 39.7% YoY; 6% QoQ. Growth is high-quality, driven by accounts beyond top 20.

Outlook

EBITDA margins expected to return to 19-20% by Q4 FY27 as revenue scales.

Risks

Margins are under pressure from upfront tectonic deal costs and workforce transformation expenses.

Last quarter's promises, checked

Delivered

  • Revenue ₹3,500cr+ FY26 → ₹35,105M (= BEAT)
  • Q4 Revenue ₹1,000cr+ → ₹10,000M (= BEAT)
  • Active customers 73 to 91 → 105 (= BEAT)

Partly delivered

  • DSO 63 days → 60s to 70s guidance (= PARTIAL)

Missed

  • EBITDA margin 19-20% → 16.9% (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: INDGN. Summary written with AI assistance from the document.

Read the document ↗

Indegene Ltd: key numbers

Share price
₹608.95
Market cap
₹14,670 Cr
Revenue (annual)
₹3,510 Cr
Net profit (annual)
₹401.1 Cr
P/E (TTM)
36.6×Sector 57.8×
Promoter holding
0.00%+0.00% QoQ
FII holding
9.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Indegene Ltd

All →
17:55 IST BSE
Business Update

Indegene Business Update

Indegene Limited hosted its Indegene Digital Summit 2026, focusing on operationalizing AI within life sciences. The event also featured the presentation of the VITAL Awards 2026.

19:50 IST BSE
Merger & Restructuring

Indegene Merger & Restructuring

Indegene Limited completed the internal merger of its two indirect wholly owned subsidiaries in Germany. This reorganization does not impact Indegene's financial position or operations.