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Earnings Call

Seshaasai Technologies Earnings Call: Key Takeaways

Seshaasai reported a mixed FY26 with Q4 revenue growth of 9.6% YoY, offset by full-year softness in the core payment cards segment due to regulatory and COVID-cycle factors.

Highlights
Revenue growthQ4 grew 9.6% YoY; FY26 fell 1.5% YoY due to card moderation.
MarginsEBITDA margins expanded structurally to 30.8% in Q4 via sourcing efficiency.
Demand visibilityStrong momentum in IoT and transit; payment card cycles normalizing gradually.
Management confidenceCautiously optimistic tone while citing global macroeconomic and geopolitical uncertainties.

Growth

FY26 revenue dipped 1.5% YoY, but EBITDA margins expanded 204bps to 27.4% through cost optimization and premiumization.

Outlook

FY27 focus on IoT and eSIM scaling; planned capex of ₹160-200cr across divisions.

Risks

Structural slowdown in BFSI card issuance and working capital intensity remain primary concerns.

Source

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

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Seshaasai Technologies Ltd: key numbers

Share price
₹381.85
Market cap
₹6,179 Cr
Revenue (annual)
₹1,441 Cr
Net profit (annual)
₹240.0 Cr
P/E (TTM)
23.4×Sector 22.1×
Promoter holding
81.80%+0.00% QoQ
FII holding
0.29%Current quarter

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

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