| EBITDA Margin: guided vs achieved | 25.70% achieved Guided 25.00%–30.00%; confirmed by management |
|---|---|
| Management target | Revenue 20.0% FY28 |
| Revenue growth | Revenue ₹37.8 Cr, down 4.7% YoY due to client ramp-downs. |
|---|---|
| Margins | EBITDA margin at 25.7%, supported by AI-driven productivity gains. |
| Demand visibility | Cautious near-term outlook; demand shifting heavily toward agentic AI integration. |
| Management confidence | Candid about short-term softness but optimistic about AI-led recovery. |
Growth
Revenue de-grew 8.8% sequentially; H1 FY27 growth remains stagnant at 2.5% YoY. AI adoption is protecting EBITDA margins within 25-30% range.
Outlook
FY27 revenue expected to remain soft, trailing last year's levels. Management optimistic for 20% growth recovery in FY28.
Risks
High client concentration; ramp-downs at two large clients significantly impacted quarterly performance. Pipeline depth failed to offset sudden billing losses.
Last quarter's promises, checked
Delivered
- Guided debt-free balance sheet → debt-free, ₹17.6 Cr cash vs ₹17 Cr (= BEAT)
Partly delivered
- Guided EBITDA margin 25–30% → 25.7%, low end and not upper end (= PARTIAL)
Missed
- Guided 18–20% YoY growth → H1 FY27 2.5% YoY, Q2 revenue -4.7% YoY (= MISS)
- Guided FY27 revenue flat to +4–5% YoY → FY27 expected to trail FY26 (= MISS)
- Guided ~$1M pipeline to offset ramp-downs → pipeline failed to offset billing losses (= MISS)
Earnings Call Transcript filed with NSE, NSE: KSOLVES. Summary written with AI assistance from the document.
Ksolves India Ltd: key numbers
- Share price
- ₹207.42
- Market cap
- ₹491.8 Cr
- Revenue (annual)
- ₹162.7 Cr
- Net profit (annual)
- ₹34.33 Cr
- P/E (TTM)
- 13.7×Sector 22.9×
- Promoter holding
- 58.92%+0.00% QoQ
- FII holding
- 0.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ksolves India Ltd
All →Ksolves India Investor Presentation: Key Takeaways
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Ksolves India Results Update
Ksolves India reported Q2 FY27 PAT of ₹7.25 Cr and declared a ₹1 interim dividend per share. It also earned Select Partner status with OpenAI and Anthropic.
Ksolves India Dividend
Ksolves India declared a 2nd interim dividend of Rs. 1 per share for FY 2026-27. Record date is set for October 29, 2026.
Ksolves India Q2 FY27 Results: Net Profit ₹7.2 Cr, Down 14.3% YoY
Ksolves India Ltd reported revenue from operations of ₹37.8 Cr (-4.8% YoY) and net profit of ₹7.2 Cr (-14.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹7.2 Cr · -14.3% YoY
Ksolves India Other Announcement
Ksolves India Ltd has filed its quarterly shareholding pattern under Regulation 31. The disclosure provides the updated distribution of equity shares for the quarter.
Ksolves India Board Meeting Date
KSOLVES INDIA LIMITED has issued a prior intimation for a board meeting scheduled on October 23, 2026, to consider its quarterly financial results.