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Birlasoft (BSOFT) investor relations material
Birlasoft Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 consolidated revenue was ₹14,162.00m, up 6.6% YoY and 2.7% QoQ; PAT rose 37.5% YoY to ₹1,596.46m.
EBITDA margin was 15.2%; manufacturing, BFSI and Life Sciences & Services led sequential growth, while E&U declined.
H1 deal-win TCV rose 15% YoY to $285m; management expects H2 performance to exceed H1, subject to converting pipeline into wins.
Financial highlights
Q2 revenue was ₹14,162.00m versus ₹13,289.03m YoY; USD revenue was $148.3m, up 2.1% QoQ and down 1.6% YoY.
EBITDA was ₹2,153m, down 3.3% QoQ and up 1.0% YoY; EBITDA margin was 15.2%, down 95 bps QoQ and 84 bps YoY.
PAT was ₹1,596.46m versus ₹1,161.02m YoY; basic EPS was ₹5.67 versus ₹4.16.
Q2 deal signings totaled $116.1m TCV, up 9% YoY; H1 signings were $285m, up 15% YoY.
Outlook and guidance
Management expects H2 FY27 financial performance to exceed H1; no quarterly growth guidance was given, and Q3 seasonality may weigh on results.
Steady-state EBITDA margin objective is 15% or above, with seasonal fluctuation possible and continued sales and capability investment.
Pipeline was steady and slightly higher; stronger H2 signings are needed to support future growth, including FY28 and beyond.
Furloughs are expected in the prior fiscal year's range; current client discussions indicate no sharp Q4 dip, subject to execution and client developments.
- Strong FY1999 growth met client-concentration risk as US expansion became the next growth bet.BSOFT
Q4 98/99 - A nine-month turnaround restored profitability, but US weakness and subsidiary losses constrained growth.BSOFT
Q4 00/01 - Revenue grew against a nine-month comparison, while earnings fell amid IT-sector weakness.BSOFT
Q4 01/02 - Merger-led growth lifted revenue; guidance targets >40% revenue growth in FY 2003-04.BSOFT
Q4 02/03 - Revenue rose 67% and PAT 151%; guidance targets further growth amid currency and talent risks.BSOFT
Q4 03/04 - Revenue nearly doubled; FY06 growth plans balance expansion with margin and concentration risks.BSOFT
Q4 04/05 - FY06 growth slowed, while FY07 targets pair $100M revenue ambition with a profitability push.BSOFT
Q4 05/06 - FY07 crossed US$100M revenue; FY08 guidance targets further growth and higher profit.BSOFT
Q4 06/07 - Revenue and EBITDA advanced, but currency pressure restrained FY08 profit growth.BSOFT
Q4 07/08
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