| Revenue growth | Q2 +11%; H1 +10% YoY |
|---|---|
| Margins | Q2 EBITDA 5.3% vs 4.3%; H1 5.4% vs 5.0% |
| Demand visibility | 95% retention over 5 years; 11 new logos in H1 |
Growth
Q2 revenue +11% to ₹8,122 Mn (IFM +11%, BSS +11%); Q2 EBITDA margin 5.3% vs 4.3%.
Outlook
No explicit numeric guidance; management will improve margins via automation and AI-led efficiency.
Risks
Softer Q2 airport traffic; trade receivables rose to ₹6,959 Mn; H1 working capital outflow ₹315 Mn.
Last quarter's promises, checked
Delivered
- Guided IFM/BSS growth ~9–12% → IFM H1 +11%, BSS H1 +9% (= BEAT)
Partly delivered
- Guided BSS profitability gains → H1 BSS margin 7.5%, flat vs Q1 7.5% (= PARTIAL)
- Guided deploying ₹300cr+ cash across M&A, organic and dividend → cash ₹4,040 Mn, ₹765 Mn invested (= PARTIAL)
Missed
- Guided steady aviation (Airport Services) momentum → Q2 airport traffic softer (= MISS)
Investor Presentation filed with NSE, NSE: UDS. Summary written with AI assistance from the document.
Updater Services Ltd: key numbers
- Share price
- ₹202.78
- Market cap
- ₹1,358 Cr
- Revenue (annual)
- ₹2,940 Cr
- Net profit (annual)
- ₹85.68 Cr
- P/E (TTM)
- 15.6×Sector 45.0×
- 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 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.
Updater Services Other Announcement
Updater Services Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulatory requirements.
Updater Services Merger & Restructuring
Updater Services is voluntarily closing its step-down subsidiaries, Denave Europe Limited and Denave Korea Limited, to focus on more promising group opportunities.