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Earnings Call

MPS Earnings Call: Key Takeaways

MPS Limited reported record FY26 EPS of ₹102.11 (+16.3% YoY) with consolidated EBITDA of ₹236 Cr (30.7% margin), driven by an AI-first strategy and the Unbound Medicine acquisition.

Why this was an Alfa AlertNot a filter event. Reported FY26 EBITDA of ₹236 Cr is in line with the implied trajectory to FY27 targets.
Highlights
Revenue growth5.7% YoY reported; 15.4% organic growth excluding AJE segment.
MarginsMargin expansion: Research EBITDA margin at 39.9% for FY26.
Demand visibilityStrong underlying demand in Research and AI-adaptive Education content.
Management confidenceHigh; citing 'comfortably crossing' ₹300 Cr EBITDA target in FY27.

Growth

FY26 revenue reached ₹76,837 Lakhs (+5.7% YoY); PAT grew 16.3% to ₹17,322 Lakhs. Core revenue (ex-AJE) surged 15.4%.

Outlook

Guidance: Targeting ₹300+ Cr EBITDA for FY27 (~21% 3-year CAGR). Focus on high-margin AI-led research and education platforms.

Risks

Integration risks of recent acquisitions; dependency on North American (50%) and UK/Europe (33%) markets.

Source

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

Read the document ↗

MPS Ltd: key numbers

Share price
₹2,666.90
Market cap
₹4,562 Cr
Revenue (annual)
₹768.4 Cr
Net profit (annual)
₹173.2 Cr
P/E (TTM)
24.2×Sector 41.4×
Promoter holding
68.34%+0.00% QoQ
FII holding
1.38%Current quarter

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

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