ALFA Finder| Revenue growth | 27.5% YoY to ₹95.21 Cr; recurring up 43%, mostly existing clients. |
|---|---|
| Margins | Gross margin 33.5% vs 34.3% YoY; EBITDA margin 17.3% vs 17.7%. |
| Order book | H2 estimate ₹107 Cr; ₹95.4 Cr contracted recurring revenue. |
| Demand visibility | Cloud demand strong; AI-driven; weighted H2 pipeline ₹110 Cr. |
| Management confidence | Optimistic, but candid on negative operating cash flow. |
Growth
Revenue +27.5% YoY, recurring +43% (87% mix), MRR ₹15.9 Cr; projects lumpy, down YoY.
Outlook
FY27 revenue outlook ₹202 Cr (from ₹190.56 Cr); H2 estimate ₹107 Cr, of which ₹95.4 Cr contracted.
Risks
Operating cash flow -₹4.7 Cr; receivables ₹39.5 Cr (from ₹28.99 Cr); debtor days up to 64; top-20 clients 71%.
Earnings Call Transcript filed with BSE, BSE: 544610. Summary written with AI assistance from the document.
Workmates Core2Cloud Solution Ltd: key numbers
- Share price
- ₹433.95
- Market cap
- ₹560.6 Cr
- Revenue (annual)
- ₹143.8 Cr
- Net profit (annual)
- ₹15.92 Cr
- P/E (TTM)
- 35.2×Sector 23.6×
- 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 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
Workmates Core2Cloud Solution Board Meeting Date
Workmates Core2Cloud will hold a board meeting on November 4, 2026 to consider unaudited standalone and consolidated half-year results for September 2026. It will also review a monitoring agency report.