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Earnings Call

Quick Heal Technologies Earnings Call: Key Takeaways

Quick Heal is undergoing a painful structural pivot from consumer antivirus to enterprise cybersecurity, resulting in stagnant revenue and its worst-ever quarterly profitability with a ₹11 crore net loss.

Highlights
Revenue growthRevenue fell to ₹261cr from ₹280cr YoY.
MarginsEBITDA turned negative at -₹29cr due to revenue drop.
Order bookOrder book stands at ₹55cr vs ₹6cr YoY.
Demand visibilityStrong pull in enterprise/government; consumer demand struggling globally.
Management confidenceDetermined regarding transformation despite posting significant losses.

Growth

Enterprise segment now exceeds 50% of revenue, offset by a sharp decline in consumer business due to industry headwinds.

Outlook

Management targets enterprise vertical to represent 80-90% of revenue within 2-3 years.

Risks

Consumer segment degrowth, severe IT hardware price inflation (400%), and elevated overdues from channel partners.

Source

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

Read the document ↗

Quick Heal Technologies Ltd: key numbers

Share price
₹147.04
Market cap
₹798.0 Cr
Revenue (annual)
₹261.0 Cr
Net profit (annual)
₹-10.93 Cr
P/E (TTM)
-74.6×Sector 22.1×
Promoter holding
71.48%-0.02% QoQ
FII holding
0.46%Current quarter

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

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