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Seshaasai Technologies Limited Reports Strong Q1 FY27 Performance with Revenue Up 21.1% YoY to ₹3,764.7 Million and PAT Rising 63.8%

Posted On : 2026-07-24 10:53:47( TIMEZONE : IST )

Seshaasai Technologies Limited (formerly known as Seshaasai Business Forms Limited) has reported its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by strong operational execution across its core verticals, the company posted a 21.1% year-on-year (YoY) increase in revenue from operations and a 63.8% YoY surge in Profit After Tax (PAT).

Financial Overview (Q1 FY27 Consolidated)

Revenue from Operations: Stood at ₹3,764.70 million in Q1 FY27, up from ₹3,108.73 million in Q1 FY26. Total income reached ₹3,835.67 million, including ₹70.97 million in other income.

Profitability: Net profit for the period (PAT) reached ₹603.36 million (with total PAT after non-controlling interest reported at ₹603.4 million), reflecting a PAT margin of 16.0% (up 418 bps YoY).

EBITDA: Reached ₹944.1 million, registering a growth of 28.0% YoY compared to ₹737.6 million in Q1 FY26. Operating EBITDA margin expanded by 135 bps YoY to 25.1%.

Profit Before Tax (PBT): Came in at ₹817.87 million, marking a 48.8% YoY increase from ₹549.74 million in Q1 FY26.

Tax Expenses: Total tax expenses for the quarter amounted to ₹215.03 million (comprising current tax of ₹213.87 million and deferred tax of ₹1.16 million).

Total Comprehensive Income: Stood at ₹609.22 million for the quarter, compared to ₹364.72 million in Q1 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter rose to ₹3.73 per equity share (face value ₹10 each), up from ₹2.50 in Q1 FY26.

Revenue Contribution by Vertical

The company maintained steady operational traction across its primary technology solutions segments:

Payment Solutions: Contributed 42% of total revenues during the quarter.

Communication & Fulfilment Solutions: Contributed 40% of total revenues.

IoT Solutions: Contributed 18% of total revenues.

Client Concentration: The top 10 customers accounted for 56% of overall revenue during Q1 FY27.

Pragnyat Lalwani, Managing Director, Seshaasai Technologies, said: "We are pleased to report a strong start to FY27, driven by healthy demand across our key business verticals and continued execution of our strategic priorities. All the three segments delivered encouraging performance, supported by deeper customer engagement and growing adoption of our technology-led solutions.

During the quarter, ongoing geopolitical tensions resulted in higher fuel prices and increased INR inflation, leading to elevated input costs and pressure on gross margins. Despite these headwinds, our focus on operational efficiency and cost discipline enabled us to deliver EBITDA growth and maintain healthy margins.

The opportunities across metal cards, integrated communication & fulfilment and IOT solutions remain compelling. We are focused on deepening customer engagement, scaling our highgrowth offerings and continuing our innovations across businesses. As we look ahead, we remain focused on sustaining growth momentum, strengthening our technology capabilities, and creating long-term value for all stakeholders."

Pavan Kumar, Chief Financial Officer, Seshaasai Technologies, said: "Q1FY27 was a strong quarter, driven by healthy revenue growth and improved profitability. Revenue from operations increased by 21.1% on YoY basis to ₹3,764.7 million, supported by sustained demand momentum across our businesses.

While higher raw material costs weighed on gross margins during the quarter, disciplined cost management and operating leverage helped offset much of the impact, resulting in EBITDA growth of 28.0% to ₹944.1 million and a 135bps expansion in EBITDA margin to 25.1%. Lower finance costs following debt reduction further strengthened profitability, leading to a 48.8% increase in Profit Before Tax. As a result, Profit After Tax rose 63.8% YoY to ₹603.4 million.

Looking ahead, we will continue to maintain financial discipline, enhance supply-chain agility, strengthen cash flows and allocate capital efficiently to support the Company's long-term growth priorities.