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%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Customer Experience & Analytics services, Unified Communications & Infrastructure, Proprietary IP platform (Exato IQ). People-driven IT services and solutions, asset-light with capex at 7.9% of revenue
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 168 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 19.10 |
| ROE % · ROCE % | — · 27.0 |
| Debt / equity (x) | — |
| Cash from operations | 2 |
| Capex | (13) |
| ₹ crore | Q3 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 36 | 61 |
| Profit before tax | 6 | 6 |
| Net profit | — | — |
| EPS (₹) | 5.45 | 4.21 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 35,510 | 26.9 | 5.47 | 16.3 | 19.7 | 21.1 | 15.1 | 19.6 |
| TATA TECHNOLOGIES LIMITED | 31,087 | 55.8 | 7.92 | 33.8 | 13.9 | 14.3 | — | 18.3 |
| INVENTURUS KNOWLEDGE SO L | 29,665 | 38.0 | 10.59 | 27.0 | 25.8 | 27.7 | — | 33.6 |
| NETWEB TECH INDIA LTD | 28,723 | 109.9 | 39.71 | — | 28.5 | 37.5 | — | 15.7 |
| AFFLE 3I LIMITED | 22,105 | 46.2 | 6.05 | 30.4 | 12.5 | 15.2 | 39.3 | 25.8 |
| SAGILITY LIMITED | 21,150 | 21.3 | 2.19 | 12.0 | 9.6 | 11.6 | — | 22.3 |
| BLACK BOX LIMITED | 14,299 | 61.3 | 11.11 | 28.4 | 16.9 | 9.5 | 6.2 | 8.4 |
| E2E NETWORKS LIMITED | 12,632 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 6 Sept 2026 · Participation in Alpha Ideas SME Stars 2026 Conference | investor communications | low | — | — |
| 5 Sept 2026 · Newspaper ad published for 9th AGM notice on FY 2025-26 meeting | compliance | minimal | — | — |
| 4 Sept 2026 · Exato Technologies files FY26 Annual Report, 9th AGM on Sep 28 | compliance | medium | — | — |
| 4 Sept 2026 · Notice of 9th Annual General Meeting on September 28, 2026 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Exato Technologies advertorial shares FY26 results and growth plans | compliance | minimal | — | — |
| 4 Sept 2026 · Outcome of analyst meeting with Lucky Investment Managers | investor communications | low | — | — |
| 3 Sept 2026 · Exato Tech shares investor deck with FY26 results, $250M vision and growth roadmap | investor communications | medium | — | — |
| 2 Sept 2026 · Exato Technologies to participate in Alpha Ideas SME Stars 2026 on September 6 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Exato Technologies bags work orders worth INR 22.37 cr in Jul-Aug 2026 | business updates | medium | — | — |
| 31 Aug 2026 · Exato Technologies launches Exafone CCaaS and CPaaS platform | business updates | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 287.1 |
| — |
| — |
| — |
| — |
| — |
| 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 78.3 | 18.9 | 70 of 78 | 10% |
| ROCE | 24.9 | 9.7 | 11 of 87 | 88% |
| Market cap | 761 | 309 | 33 of 87 | 63% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
