Investor Update for Q4 FY 2025-26

Birlasoft reported Q4 FY26 revenue of Rs 13,486 million (up 2.4% YoY), with EBITDA margin expanding to 18.5% - the third consecutive quarter of margin improvement driven by operational efficiencies and favorable exchange rates. PAT jumped 44.1% YoY to Rs 1,759 million, with adjusted PAT at Rs 2,019 million. The company signed $208 million in deal wins (TCV) during the quarter, up 3% sequentially. Cash and cash equivalents grew 19% YoY to Rs 26,373 million, providing a strong balance sheet. Management noted a soft demand environment due to macro headwinds but highlighted new AI-led engagements and plans to substantially expand the sales team to build the order book for FY27. The board recommended a final dividend of Rs 4 per share.