EXATO TECHNOLOGIES LIMITED

Provides IT services and technology solutions to enterprise customers, organised around three lines: customer experience and analytics (CXaaS, conversational AI, automation, workforce management, ERP), unified communications and infrastructure (under the new HPE Partner Ready arrangement), and a proprietary IP platform called Exato IQ. Healthcare is the largest vertical, accounting for Rs 210-220 cr of the Rs 348 cr order book disclosed in Q3 FY26, with other work concentrated in banking, PSU and telecom customers. The business also has international operations across 10+ countries, with an export revenue mix of 28% in FY26 and a US subsidiary (Exato.AI Inc.) and an Australia subsidiary set up in March 2026. FY26 revenue from operations was Rs 168 cr (up 35% YoY) and PAT was Rs 16.09 cr (up 67%); PAT margin expanded from 7.77% to 9.58% and EBITDA margin to 15.12%. The order book stood at Rs 600 cr with Rs 330 cr yet to be executed, and ARR scaled to Rs 118 cr from Rs 60-65 cr. The cost base is people-driven — employee costs at 7.6% of revenue — with other operating expenses at 5.1% and capex at 7.9%.