Pelatro (PELATRO) Q1 25/26 earnings summary

Executive summary

• Achieved 45.6% year-over-year revenue growth in Q1 FY25-26, with revenue rising to Rs. 26.69 crores from Rs. 18.33 crores.

• EBITDA increased by 65.2% year-over-year to Rs. 6.31 crores, with EBITDA margin improving to 23.6%.

• PAT grew 55.5% year-over-year to Rs. 3.56 crores, and EPS rose to Rs. 3.42.

• Consolidated and standalone unaudited financial results for the quarter ended 30 June 2025 were reviewed and approved, with auditors expressing unqualified opinions.

• The company operates in a single segment: Software Product Development.

Financial highlights

• Total income for Q1 FY25-26 was Rs. 27.20 crores, up from Rs. 19.38 crores in Q1 FY24-25.

• Employee expenses increased to Rs. 15.63 crores, and other expenses to Rs. 5.26 crores.

• Profit before tax for Q1 FY25-26 was Rs. 3.78 crores, up from Rs. 2.92 crores year-over-year.

• Consolidated total assets as of 30 June 2025 stood at Rs. 13,774.38 lakhs.

• Standalone revenue from operations for Q1 FY26 was Rs. 1,914.53 lakhs, up from Rs. 1,365.04 lakhs in Q1 FY25.

Outlook and guidance

• 96% of FY25-26 target revenue and 49% of FY26-27 target revenue already contracted.

• Expected revenue CAGR of 25% to 30% over the next three years.

• Recent acquisitions (Estel Technologies Private Limited and Estel Technologies International FZE) effective 1 July 2025 are expected to impact future quarters, with contingent payments tied to revenue targets.