Stock Report

Updater Services Limited Reports Q1 FY27 Results: Consolidated Revenue Reaches ₹7,642.91 Million, Net Profit Rises to ₹302.83 Million

Posted On : 2026-07-31 16:05:29( TIMEZONE : IST )

Integrated facility management and business support services provider Updater Services Limited (UDS) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company recorded steady top-line growth driven by expansion in both its Integrated Facility Management Services (IFM) and Business Support Services (BSS) segments.

Consolidated Revenue and Profitability Highlights

Updater Services registered Revenue from Operations of ₹7,642.91 million for Q1 FY27, representing a 9.15% year-on-year (YoY) increase compared to ₹7,002.41 million in Q1 FY26. Sequentially, operational revenue grew 2.89% over ₹7,428.21 million recorded in Q4 FY26. Total income for the quarter reached ₹7,687.70 million, supported by ₹44.79 million in other income.

The company achieved a Consolidated Net Profit After Tax (PAT) of ₹302.83 million, reflecting a 4.47% YoY growth over ₹289.88 million in Q1 FY26 and a 10.63% sequential gain from ₹273.73 million in Q4 FY26. Profit attributable to equity holders of the parent stood at ₹297.23 million (up from ₹285.89 million in Q1 FY26), while non-controlling interests accounted for ₹5.60 million.

Total Comprehensive Income for the period reached ₹302.09 million, after accounting for an Other Comprehensive Loss (net of tax) of ₹(0.74) million. This included ₹2.09 million in foreign currency translation gains, offset by ₹(3.78) million in re-measurement losses on defined benefit obligations.

Operational Expense Breakdown

Total expenses for Q1 FY27 came in at ₹7,356.19 million, compared to ₹6,742.41 million in Q1 FY26 and ₹7,133.56 million in Q4 FY26. The major expense components included:

Employee Benefits Expense: Stood at ₹6,008.09 million (up from ₹5,352.81 million in Q1 FY26 and ₹5,868.87 million in Q4 FY26).

Other Expenses: Totaled ₹962.51 million (vs. ₹1,035.36 million in Q1 FY26 and ₹832.66 million in Q4 FY26).

Cost of Materials Consumed: Measured at ₹217.64 million (vs. ₹206.26 million in Q1 FY26).

Purchases of Stock-in-Trade: Came to ₹12.30 million (vs. ₹19.34 million in Q1 FY26).

Depreciation & Amortisation Expense: Recorded at ₹122.75 million (vs. ₹111.83 million in Q1 FY26).

Impairment Losses: Stood at ₹33.46 million (vs. ₹11.00 million in Q1 FY26).

Finance Costs: Reduced to ₹13.78 million (down from ₹21.19 million in Q1 FY26 and ₹15.81 million in Q4 FY26).

Profit Before Tax (PBT) for the quarter stood at ₹331.51 million, compared to ₹310.51 million in Q1 FY26 (a 6.76% YoY growth). Total tax expenses stood at ₹28.68 million, comprising current tax of ₹52.38 million offset by deferred tax credit of ₹(23.70) million.

Segment-Wise Operational Performance

Integrated Facility Management Services (IFM)

Total Segment Income: Rose 10.64% YoY to ₹5,275.01 million, compared to ₹4,767.64 million in Q1 FY26 and ₹5,273.78 million in Q4 FY26.

Segment Results (PBT): Came in at ₹215.02 million, up from ₹212.20 million in Q1 FY26.

Segment Assets & Liabilities: Segment assets measured ₹14,218.64 million, while segment liabilities stood at ₹4,304.68 million.

Business Support Services (BSS)

Total Segment Income: Reached ₹2,550.69 million, marking a 7.34% YoY increase over ₹2,376.14 million in Q1 FY26 and an 8.41% sequential rise from ₹2,352.91 million in Q4 FY26.

Segment Results (PBT): Surged 17.11% YoY to ₹133.45 million, compared to ₹113.95 million in Q1 FY26.

Segment Assets & Liabilities: Segment assets stood at ₹5,169.02 million, while segment liabilities reached ₹2,332.56 million.

Earnings Per Share and Balance Sheet Metrics

Basic & Diluted Earnings Per Share (EPS): Basic and Diluted EPS for Q1 FY27 stood at ₹4.44 per equity share (face value of ₹10.00 each, not annualised), up from ₹4.33 in Q1 FY26 and ₹4.19 in Q4 FY26.

Paid-Up Equity Share Capital: Remained unadjusted at ₹669.53 million (consisting of shares of face value ₹10 each).

Other Equity: Recorded at ₹9,853.78 million as of March 31, 2026.

Capital Employed: Net capital employed across segment operations reached ₹10,861.65 million as of June 30, 2026 (compared to ₹10,557.51 million as of March 31, 2026).