CSM Technologies Posts Robust FY26 Results: Full-Year Net Profit Surges 70.2% to ₹24.01 Crore; Board Recommends Final Dividend

GovTech and enterprise digital transformation provider CSM Technologies Limited has announced its audited consolidated financial results for the fourth quarter and full year ended March 31, 2026. Marking its first full-year financial reporting as a publicly listed entity, the company registered strong operational growth, with annual total income reaching ₹228.72 crore, up 14.0% year-on-year (YoY).

Alongside the financial results, the Board of Directors recommended a final dividend of ₹0.50 per equity share (face value ₹10) on 5,16,03,472 equity shares for FY26. The dividend payout remains subject to shareholder approval at the upcoming Annual General Meeting (AGM) and will be disbursed within 30 days of approval.

Full-Year FY26 Financial Overview

For the complete financial year 2025-26, CSM Technologies demonstrated significant margin expansion and bottom-line growth, driven by delivery efficiencies and operational leverage:

Total Income: Advanced 14.0% YoY to ₹22,871.83 lakh (₹228.72 crore), up from ₹20,062.74 lakh in FY25. Revenue from operations accounted for ₹22,595.58 lakh, alongside other income of ₹276.25 lakh.

EBITDA: Jumped 56.6% YoY to ₹4,800.03 lakh (₹48.00 crore) compared to ₹3,065.31 lakh in FY25. EBITDA margins expanded by 571 basis points to 21.0% (up from 15.3% in FY25).

Profit Before Tax (PBT): PBT prior to exceptional items rose 70.0% YoY to ₹3,477.70 lakh. After accounting for a one-off exceptional statutory charge of ₹273.24 lakh related to the implementation of the New Labour Codes, post-exceptional PBT stood at ₹3,204.46 lakh (up 56.6% YoY from ₹2,046.00 lakh in FY25).

Profit After Tax (PAT): Net profit for the year surged 70.2% YoY to ₹2,400.70 lakh (₹24.01 crore) compared to ₹1,410.37 lakh in FY25. Profit attributable to shareholders of the company stood at ₹2,358.53 lakh, while non-controlling interests accounted for ₹42.17 lakh. PAT margin improved by 347 basis points to 10.5%.

Earnings Per Share (EPS): Basic and diluted EPS for the full year increased by 64.0% to ₹6.10 per share, compared to ₹3.72 in FY25.

Q4 FY26 Performance Highlights

During the fourth quarter ended March 31, 2026, CSM Technologies maintained strong profitability momentum:

Total Income: Recorded at ₹6,166.85 lakh (₹61.67 crore), representing a 2.61% YoY growth from ₹6,009.73 lakh in Q4 FY25, though lower by 5.18% sequentially compared to ₹6,504.00 lakh in Q3 FY26. Revenue from operations for the quarter was ₹6,043.23 lakh.

EBITDA: Grew 56.03% YoY and 2.89% QoQ to ₹1,640.66 lakh. Quarterly EBITDA margin expanded by 911 basis points YoY to 26.6%.

Profit Before Tax (Pre-Exceptional): Stood at ₹1,417.28 lakh, up 92.1% YoY compared to ₹737.60 lakh in Q4 FY25 and ₹1,218.52 lakh in Q3 FY26.

Profit After Tax (PAT): Surged 77.72% YoY to ₹929.87 lakh (₹9.30 crore) from ₹523.23 lakh in Q4 FY25. Sequentially, net profit rose 7.27% from ₹866.83 lakh in Q3 FY26.

Quarterly EPS: Basic and diluted EPS for Q4 FY26 reached ₹2.41, compared to ₹1.38 in Q4 FY25 and ₹2.19 in Q3 FY26.

Expense Breakup for FY26

Total expenses for the full year ended March 31, 2026, totaled ₹19,394.13 lakh, compared to ₹18,016.77 lakh in FY25:

Employee Benefits Expense: Rose to ₹10,456.26 lakh (up from ₹9,345.08 lakh in FY25), representing the primary operational expenditure component.

Cost of Services Rendered: Stood at ₹4,451.21 lakh (down from ₹4,842.96 lakh in FY25).

Cost of Materials Consumed: Amounted to ₹1,255.28 lakh (compared to ₹1,495.42 lakh in FY25).

Other Expenses: Came in at ₹1,909.11 lakh (versus ₹1,313.96 lakh in FY25).

Finance Costs & Depreciation: Finance costs totaled ₹713.08 lakh, while depreciation and amortisation expenses stood at ₹609.19 lakh.

Order Book Visibility & Business Expansion

As of March 31, 2026, CSM Technologies held an unexecuted order book of ₹357.63 crore, providing multi-year top-line visibility equivalent to over 1.5 times its FY26 consolidated revenue.

To drive technological capabilities and infrastructure development during FY26, the company deployed capital across key growth initiatives:

₹10.25 crore committed towards Intangible Assets Under Development to expand proprietary product suites and platform capabilities.

₹3.17 crore allocated to Property, Plant, and Equipment.

₹1.17 crore deployed under Capital Work-in-Progress (CWIP).

CSM Technologies continues to expand its enterprise and GovTech digital footprint across domestic markets and international regions-specifically in Africa-offering custom technology implementations across key focus verticals, including Government & Public Services, Mining & Allied Services, Agriculture, Industry & Trade Facilitation, Education, Healthcare, and Tourism.

Commenting on the results, Mr. Priyadarshi Pany, Managing Director & CEO, said: "FY26 has been a strong year for CSM Technologies, with total income growing 14.0% while EBITDA and PAT increased by 56.6% and 70.2%, respectively, reflecting improved operating leverage and execution efficiencies. We continue to strengthen our capabilities across GovTech and enterprise digital transformation while investing in proprietary platforms, AI and data-led solutions. With a healthy order book of ₹357.63 crore, a strengthened balance sheet and an expanding presence across India and international markets, we enter FY27 well positioned to pursue the opportunities ahead and drive sustainable, profitable growth."

Source : Equity Bulls

Keywords

CSMTechnologies Q4FY26 Q4FY2026 ResultUpdate