| Revenue growth | 9% YoY growth in Q1 FY27 |
|---|---|
| Margins | Margins impacted by business mix; aiming for employee cost rationalization. |
| Order book | 6 new logo additions in IFM segment. |
| Demand visibility | Strong traction in Field Marketing and Demand Generation services. |
Growth
Revenue grew 9% YoY; IFM segment revenue rose 11% while BSS segment revenue increased 7%. EBITDA grew 8% YoY.
Outlook
Management plans to rationalize costs through automation. Company declared an interim dividend of Re. 1. Maintaining net debt to equity of -0.24x.
Risks
Margins were impacted by changes in business mix and increased employee costs; EBITDA margin slightly declined to 5.5%.
Last quarter's promises, checked
Delivered
- Guided IFM growth high single-digit → delivered 11% (= BEAT)
- Guided BSS growth recovery → delivered 7% (= BEAT)
- Guided revenue growth ~7% → delivered 9% (= BEAT)
Partly delivered
- Guided 85-90% revenue visibility → delivered 9% growth with 6 new logos (= PARTIAL)
Missed
- Guided margin improvement via automation → delivered 5.5% margin decline (= MISS)
Investor Presentation filed with NSE, NSE: UDS. Summary written with AI assistance from the document.
Updater Services Ltd: key numbers
- Share price
- ₹207.25
- Market cap
- ₹1,388 Cr
- Revenue (annual)
- ₹2,940 Cr
- Net profit (annual)
- ₹85.68 Cr
- P/E (TTM)
- 14.0×Sector 46.8×
- Promoter holding
- 59.13%+0.04% QoQ
- FII holding
- 1.45%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Updater Services Ltd
All →Updater Services Earnings Call Transcript: Key Takeaways
Updater Services reported healthy Q2 results with revenue growing 11% YoY, driven by margin expansion across IFM and BSS segments.
- Call
- Guides 100% growth
Updater Services Investor Presentation: Key Takeaways
H1 FY27 revenue ₹15,765 Mn (+10%), EBITDA ₹855 Mn (+21%), PAT ₹624 Mn (+28%); Q2 PAT ₹321 Mn (+62%). Strategy: integrated IFM plus BSS platform, organic and inorganic growth.
Updater Services Management Change
Updater Services named whole-time director Jigyasa Sharma as CEO-designate of subsidiary Matrix Business Services from December 2026. She becomes CEO from April 2027, succeeding retiring Ravi Shankar.
Updater Services Other Announcement
Updater Services appointed R.G.N. Price & Co. as internal auditor for April 2026 to March 2027. The appointment is routine and discloses no financial value.
- Execution
- April 01, 2026 to March 31, 2027
Updater Services Q2 FY27 Results: Net Profit ₹32.1 Cr, Up 62.1% YoY
Updater Services Ltd reported revenue from operations of ₹812.2 Cr (+11.4% YoY) and net profit of ₹32.1 Cr (+62.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹32.1 Cr · +62.1% YoY
Updater Services Board Meeting Date
Updater Services will meet on October 30, 2026 to approve unaudited quarterly and half-year results. The trading window stays closed until 48 hours after declaration.