Excelsoft Technologies Limited has informed the Exchange about Transcript
EXCELSOFT · price
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Awaiting price reaction for this filing.
Excelsoft Technologies reported Q3 FY26 revenue of Rs. 710 million, up 29.5% year-on-year, led by a 58% jump in the education technology services segment. EBITDA grew 9.15% to Rs. 197 million, but margins slipped to 27.7% (from 32.8%) due to a Rs. 2.9 crore one-off legal and professional fee tied to acquisition diligence. Profit after tax rose 7.7% to Rs. 103 million, or 40% to Rs. 133 million after adjusting for a Rs. 40.7 million impact from the new labour code. For nine months, PAT jumped 88% to Rs. 268 million. The company highlighted landmark deals with AQA (UK), Philippines Civil Services Commission and VTCT Skills, withdrew a Rs. 300 crore corporate guarantee, and holds net cash of Rs. 421 crores.
Strong top-line growth, new marquee partnerships and a net-cash balance sheet are positive, but margin compression in Q3 and management's refusal to give formal order-book or growth guidance may keep the stock sideways in the near term. Active M&A pursuit (US target in valuation talks, UK targets in early diligence) could be a re-rating trigger if announced.