Intellect Design Arena (INTELLECT) Q3 25/26 earnings summary

Executive summary

• Achieved LTM total income of INR 3,025 crore, up 23% year-on-year, surpassing the INR 3,000 crore milestone for the first time, with EBITDA up 33% to INR 709 crore and PBT up 34%.

• Growth driven by wholesale banking (INR 1,400 crore), consumer banking (INR 1,000 crore), Intellect AI (INR 500 crore), and emerging Purple Fabric engine.

• Secured 53 new customers and enabled 82 digital transformations in the last 12 months; strengthened leadership with 27 senior hires and key board appointments.

• Board approved unaudited financial results for the quarter and nine months ended December 31, 2025, and key management changes including re-appointments and new independent director.

Financial highlights

• Platform revenue for LTM reached INR 497 crore, up 128% year-on-year; license-linked revenue for LTM was INR 1,595 crore, up 37% year-on-year.

• Q3 total income was INR 753 crore, up 21% year-on-year; Q3 license-linked revenue was INR 391 crore, up 34% year-on-year.

• Q3 EBITDA was INR 122 crore (16% margin); Q3 PAT was INR 28 crore, impacted by a one-time gratuity provision and deferred tax.

• Cash and cash equivalents as of December 2025 were INR 1,198 crore, up from INR 804 crore year-on-year.

• Consolidated revenue for the quarter ended December 31, 2025, was ₹7,313.84 million, with net profit after tax of ₹691.64 million.

Outlook and guidance

• Targeting consistent 20%+ growth on an LTM basis, aiming to cross INR 800 crore quarterly revenue in the next two quarters.

• Confident of maintaining 20%+ EBITDA margin for the full year, with LTM EBITDA margin at 23.8%.

• Sales funnel expanded to INR 12,038 crore with 98 active high-value pursuits; average deal size increased to INR 66 crore.

• Company continues to monitor regulatory developments regarding Labour Codes and will adjust accounting as needed.