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Earnings Call

Marushika Technology Earnings Call: Key Takeaways

Marushika Technology Limited reports a strong FY26, beating internal projections through aggressive execution in high-margin sectors like data centers and defense autotech.

Why this was an Alfa AlertRevenue grew 36.6% YoY, exceeding internal projections. PAT rose 42.5%, significantly outperforming the company's own expectations.
Highlights
Revenue growth36.6% YoY growth exceeding internal projections significantly.
MarginsEBITDA margins improved 48% due to high-value service mix.
Order bookCurrent order book exceeds ₹35cr with ₹14cr already billed.
Demand visibilityStrong visibility from government digitization, cyber security, and defense cycles.
Management confidenceExtremely confident, emphasizing first successful year as listed company.

Growth

Revenue grew 36.6% YoY to ₹116cr; PAT increased 42.5% to ₹8.95cr, driven by service-heavy projects.

Outlook

Strong order book over ₹35cr; aims for ₹500cr top-line target with 15-20% incremental growth from electronics.

Risks

High concentration in government and PSU contracts; potential for payment delays despite historical execution consistency.

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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