Ceinsys Tech (538734) Q4 25/26 earnings summary

Executive summary

• Achieved record quarterly and annual results for FY 2025/2026, with strong growth across key financial metrics and continued momentum over the last eight quarters.

• Achieved consistent revenue growth for three consecutive years, with over 100 projects executed and zero client churn.

• Expanded international presence, particularly in the MEA region, and diversified offerings including AI/ML-enabled solutions and embedded electronics.

• Demonstrated strong performance in an inconsistent market, driven by delivery and demand.

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, showing strong revenue and profit growth year-over-year.

Financial highlights

• FY 2025/2026 operational revenue: INR 6,607 Mn, up 58% year-on-year; EBITDA: INR 1,449 Mn, up 85.8% year-on-year; EBITDA margin: 21.9% (+327 bps); Net profit: INR 1,334 Mn, up 111.1% year-on-year; PAT margin: 20.2% (+507 bps).

• Q4 FY26 operational revenue: INR 1,707 Mn, up 19.9% year-on-year; EBITDA margin: 23.6% (+475 bps); Net profit: INR 370 Mn, up 70% year-on-year.

• Diluted EPS for FY26 was INR 67.87, a 92.4% increase year-over-year.

• Net cash balance increased to INR 2,480 Mn from INR 1,225 Mn year-over-year.

• Final dividend of Rs. 3.50 per share (35% of face value) recommended for FY 2025-26, subject to shareholder approval.

Outlook and guidance

• Management expects to maintain strong growth momentum, targeting continued high CAGR and sustainable EBITDA margins.

• Healthy pipeline across government, PSU, and infrastructure enterprises, with continued government funding for key initiatives.

• Order inflow in Q2 and Q3 FY 2027 expected to match or surpass FY 2026 levels, with a strong bid pipeline and three large L1 projects.

• Strategic focus on expanding empanelment and partnerships in India and internationally, especially in MEA and the US.

• Board continues to monitor regulatory changes, including new labour codes, and will adjust accounting as needed.