Network People Services Technologies (NPST) Q4 25/26 earnings summary

Executive summary

• FY 2026 was marked by strategic transformation, de-risking, and a pivot to high-margin SaaS, RegTech, and international markets, with AI integration central to the growth strategy.

• The company shifted revenue models to recurring SaaS streams, reduced regulatory dependency, and enhanced offerings in TSP, PPaaS, and RegTech for both domestic and international markets.

• Raised Rs 300 crore from Tata Mutual Fund to support global expansion, RegTech/lending opportunities, and international acquisitions.

• Audited standalone and consolidated financial results for FY 2026 were approved, with unmodified audit opinions from statutory auditors.

• Final dividend of ₹2 per equity share was recommended for FY 2025-26, subject to shareholder approval.

Financial highlights

• FY 2026 consolidated revenue was ₹20,939 lakh (₹209.40 Cr), up from ₹17,321 lakh (₹180.62 Cr) in FY 2025.

• FY 2026 consolidated net profit was ₹4,082 lakh (₹40.82 Cr), down from ₹4,520 lakh (₹45.20 Cr) in FY 2025.

• Q4 FY 2026 revenue grew 2.4x year-over-year to ₹6,846 lakh (₹68.46 Cr); net profit doubled to ₹1,224 lakh (₹12.24 Cr).

• EBITDA for FY 2026 was ₹6,513 lakh (₹65.13 Cr), with a margin of 31.10%.

• Four-year consolidated revenue CAGR was 81%, EBITDA CAGR 103%, and profit CAGR 128%.

Outlook and guidance

• Targeting ~70% CAGR revenue growth for the next three years, aiming for ₹85,000–90,000 lakh (₹850–900 Cr) by FY 2029.

• Revenue mix will shift from low-margin TSP to high-margin SaaS, RegTech, and international business.

• EBITDA margin expected to improve by 10–40% over current levels as high-margin segments scale.

• International business expected to contribute 25% in FY 2027, 40% in FY 2028, and 50% by FY 2029.

• No incremental impact from new Labour Codes effective November 21, 2025.