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Earnings Call

Marushika Technology Earnings Call: Key Takeaways

Marushika Technology Limited reported strong FY26 performance with 36.6% revenue growth and 42.5% PAT growth, driven by IT infrastructure and defense auto-tech expansion.

Highlights
Revenue growth36.6% YoY for FY26.
MarginsEBITDA margin expanded to 13.7% in FY26 from 12.6% in FY25.
Order bookOngoing Delhi Metro Phase-IV project (~58% complete, ₹31.19 Cr value).
Demand visibilityStrong pipeline of ₹8,066.96 lakh SI and ₹2,789.23 lakh VAD projects.
Management confidenceHigh, 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.

Source

Earnings Call filed with NSE, NSE: MARUSHIKA. Summary written with AI assistance from the document.

Read the document ↗

Marushika Technology Ltd: key numbers

Share price
₹117.00
Market cap
₹99.88 Cr
Revenue (annual)
₹116.4 Cr
Net profit (annual)
₹8.95 Cr
P/E (TTM)
11.2×Sector 22.1×
Promoter holding
58.19%
FII holding
6.17%Current quarter

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

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