ALFA Finder| Revenue growth | 36.6% YoY for FY26. |
|---|---|
| Margins | EBITDA margin expanded to 13.7% in FY26 from 12.6% in FY25. |
| Order book | Ongoing Delhi Metro Phase-IV project (~58% complete, ₹31.19 Cr value). |
| Demand visibility | Strong pipeline of ₹8,066.96 lakh SI and ₹2,789.23 lakh VAD projects. |
| Management confidence | High, citing strong order pipeline and diversified portfolio. |
Growth
FY26 Revenue reached ₹11,642.8 Lakhs (up 36.6% YoY); PAT at ₹895.1 Lakhs (up 42.5% YoY).
Outlook
Strong visibility with ₹10,856 Lakhs order pipeline; significant focus on new SaaS-based Learning Management Systems.
Risks
Competition in smart city projects and regulatory changes in defense procurement.
Earnings Call filed with NSE, NSE: MARUSHIKA. Summary written with AI assistance from the document.
Marushika Technology Ltd: key numbers
- Share price
- ₹129.95
- Market cap
- ₹110.9 Cr
- Revenue (annual)
- ₹116.4 Cr
- Net profit (annual)
- ₹8.95 Cr
- P/E (TTM)
- 12.4×Sector 23.7×
- Promoter holding
- 58.19%
- FII holding
- 5.58%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Marushika Technology Ltd
All →Marushika Technology Earnings Call Transcript: Key Takeaways
H1 FY27 revenue ₹83.46 Cr (+71.6%) and PAT ₹7.04 Cr (+126.3%) on government project execution. Margin sustainability and defence answers gave no numbers. The ₹170 Cr FY27 target is the only hard guide.
Marushika Technology Investor Presentation: Key Takeaways
H1 FY27 revenue ₹8,346 lakh (+71.6% YoY), PAT ₹704 lakh (+126.3%), EBITDA margin 12.3%. Expansion into defence auto-tech, LMS and healthcare via Sanare partnership.
Marushika Technology Results Update
Marushika reported H1 FY27 revenue growth of 71.59% and net profit growth of 126.30% year-on-year. The release shows highlights only, not a full results statement.
Marushika Technology H1 FY27 Results: Net Profit ₹7 Cr, Up 125.8% YoY
Marushika Technology Ltd reported revenue from operations of ₹83.5 Cr (+71.8% YoY) and net profit of ₹7 Cr (+125.8% YoY) for H1 FY27.
- Key figure
- Net profit ₹7 Cr · +125.8% YoY
Marushika Technology Other Announcement
Marushika Technology filed a Reg 27(2) non-applicability certificate for corporate governance for the half-year ended September 30, 2026. As an NSE Emerge-listed SME, the corporate governance provisions do not apply to it.
Marushika Technology Annual General Meeting
Marushika Technology Limited held its 16th Annual General Meeting on September 25, 2026. The meeting covered the adoption of financial statements and various board appointments.