Aditya Infotech (CPPLUS) Q4 22/23 earnings summary

Executive summary

• FY23 consolidated revenue was Rs 22,845.47 million and PAT Rs 1,083.11 million; basic EPS Rs 439.84.

• Performance exceeded the prior year despite a broader slowdown across industries, with management citing a stable post-COVID business environment.

Financial highlights

• Consolidated total income Rs 22,955.56 million vs Rs 16,616.46 million in FY22; revenue from operations Rs 22,845.47 million vs Rs 16,462.11 million.

• Consolidated PBT Rs 1,431.82 million vs Rs 1,293.49 million; PAT Rs 1,083.11 million vs Rs 969.31 million.

• Consolidated basic and diluted EPS Rs 439.84 vs Rs 387.72; standalone EPS Rs 414.75 vs Rs 334.57.

• Consolidated exceptional loss of Rs 57.87 million from a stock fire incident; standalone exceptional items also included Rs 47.82 million in subsidiary loan write-offs and Rs 0.58 million in investment write-offs.

Outlook and guidance

• FY24 outlook projected revenue and profit margins 20%–25% above the prior year, subject to no unforeseen exceptional circumstances.

• Growth expectations were linked to business expansion and growth; orders/projects were under implementation.