ALFA Finder| Revenue growth | 34% YoY in FY26; guiding 45%+ for FY27. |
|---|---|
| Margins | EBITDA 16.2%; aiming for margin recovery via AI/utilization. |
| Order book | ₹190cr worth of orders/pipeline for FY27 target. |
| Demand visibility | Strong pipeline of ₹190cr already visible for FY27. |
| Management confidence | High; citing ₹159cr assured recurring revenue entering FY27. |
Growth
FY26 revenue grew 34% YoY; 3-year CAGR at 64%. PAT grew 16% to ₹15.92cr.
Outlook
Management guides FY27 revenue at ₹210cr (45%+ growth) and PAT at ₹24-25cr. Targeting 5% revenue from AI/Cybersecurity.
Risks
Geopolitical tensions delaying US/UK office expansion; pricing pressure in Indian services market; client concentration (top 20 at 73%).
Earnings Call filed with BSE, BSE: 544610. Summary written with AI assistance from the document.
Workmates Core2Cloud Solution Ltd: key numbers
- Share price
- ₹405.25
- Market cap
- ₹523.5 Cr
- Revenue (annual)
- ₹143.8 Cr
- Net profit (annual)
- ₹15.92 Cr
- P/E (TTM)
- 32.9×Sector 23.7×
- Promoter holding
- 72.03%
- FII holding
- 0.13%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Workmates Core2Cloud Solution Ltd
All →Workmates Core2Cloud Solution Earnings Call Transcript: Key Takeaways
H1 FY27 revenue ₹95.21 Cr (+27.5% YoY) and PAT ₹12.03 Cr; FY27 revenue outlook raised to ₹202 Cr, but operating cash flow was negative ₹4.7 Cr on receivables stretch.
Workmates Core2Cloud Solution Investor Presentation: Key Takeaways
H1 FY27 consolidated revenue ₹95.21 Cr (+27.5%), EBITDA ₹16.44 Cr (17.27% margin), PAT ₹12.03 Cr (+32.5%). Recurring mix 87%; FY27 outlook raised to ₹202 Cr.
Workmates Core2Cloud Solution Results Update
Workmates Core2Cloud reported H1 FY27 revenue of ₹95.21 Cr, up 27.5%, with PAT rising 32.4% to ₹12.03 Cr. It raised its FY27 revenue outlook to ₹202 Cr.
Workmates Core2Cloud Solution Other Announcement
Workmates Core2Cloud Solution Ltd submitted its Monitoring Agency Report for the period ended June 2026. The report confirms the utilization of Rs. 69.84 Crore raised through its IPO.
- Value
- ₹69.84 Cr
Workmates Core2Cloud Solution H1 FY27 Results: Net Profit ₹12 Cr, Up 31.9% YoY
Workmates Core2Cloud Solution Ltd reported revenue from operations of ₹95.2 Cr (+27.4% YoY) and net profit of ₹12 Cr (+31.9% YoY) for H1 FY27.
- Key figure
- Net profit ₹12 Cr · +31.9% YoY
Workmates Core2Cloud Solution Bags ₹11.5 Cr Order from A leading payment technology and financial software company
Workmates Core2Cloud won a ₹11.5 Crore AWS cloud migration order from a leading payment technology company. The three-year contract covers migrating on-premise workloads to AWS.
- Value
- ₹11.50 Cr
- From
- A leading payment technology and financial software company
- Execution
- 3 years from the date of commencement of the engagement