Builds and sells AI-first, composable software products for banks, lenders and other financial institutions, primarily through its eMACH.ai platform. Product lines include core and corporate banking, retail commerce (eMACH.ai Retail 6DX), custody and capital-markets technology, and a dedicated suite for credit unions and mutuals, delivered as licensed software with ongoing services. Revenue is generated mainly as license-linked fees, with FY26 total income of Rs 3,161 crore (up 23% YoY) and Q1 FY27 total income of Rs 872 crore (up 19% YoY). Operating scale is broad: 500-plus customers across 61 countries, with 59 new clients and 91 platform go-lives added in FY26, and 19 new customers with 16 digital go-lives in Q1 FY27. A Q1 FY27 deal pipeline of Rs 13,012 crore (up 15% YoY) signals the forward sales book, and the company holds Rs 1,257 crore in cash on a debt-free balance sheet. The cost base is dominated by people: employee costs are 59.6% of revenue, with other operating expenses at 21.3% and depreciation at 6.9%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. License-linked revenue, Services and other income. Asset-light, people-heavy enterprise software for financial services with rising license mix
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,878 | 2,231 | 2,506 | 2,500 | 3,038 |
| EBITDA (ex other income) | 475 | 435 | 539 | 531 | 550 |
| margin % | 25.3 | 19.5 | 21.5 | 21.2 | 18.1 |
| Owners' profit | 349 | 267 | 323 | 0 | 345 |
| EPS, as reported (₹) | 26.25 | 19.90 | 23.72 | 24.29 | 24.99 |
| ROE % · ROCE % | 19.2 · 22.8 | 13.0 · 17.5 | 13.2 · 18.2 | 12.0 · 15.4 | 10.7 · 13.6 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Cash from operations | 453 | 174 | 410 | 431 | 510 |
| Capex | (129) | (166) | (173) | (172) | (220) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 558 | 610 | 726 | 702 | 758 | 731 | 847 | 845 |
| Profit before tax | 70 | 93 | 184 | 126 | 134 | 36 | 160 | 135 |
| Net profit | 52 | 71 | 136 | 94 | 102 | 27 | 120 | 102 |
| EPS (₹) | 3.86 | 5.11 | 9.82 | 6.85 | 7.40 | 2.06 | 8.68 | 7.34 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 7,96,690 | 16.0 | 7.34 | 10.9 | 45.6 | 53.9 | 10.2 | 26.9 |
| INFOSYS LIMITED | 4,20,891 | 14.0 | 4.51 | 8.8 | 31.6 | 38.6 | 12.2 | 25.7 |
| HCL TECHNOLOGIES LTD | 3,27,456 | 18.7 | 4.35 | 11.7 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,65,785 | 13.3 | 1.88 | 7.9 | 15.0 | 17.1 | 8.4 | 22.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Intellect Design Arena to hold one-to-one meet with Geometric Securities | board shareholder meetings | low | — | — |
| 9 Sept 2026 · Intellect Design Arena to join investor webinar on September 16, 2026 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Intellect launches MSOCK, AI-native engineering system for banks | compliance | medium | — | — |
| 3 Sept 2026 · Intellect Design Arena schedules one-on-one meetings with analysts | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Intellect Design Arena to attend Ashwamedh Elara India Dialogue 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Intellect Design Arena to hold one-on-one with Mangal Keshav on Aug 27 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Intellect Design Arena schedules one-on-one meet with Plus 91 Asset Management | board shareholder meetings | low | — | — |
| 19 Aug 2026 · Intellect Design Arena allots 89,870 ESOP shares to employees | capital market events | low | — | — |
| 19 Aug 2026 · Intellect Design Arena to meet Ellerstone Capital on Aug 19, 2026 | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Intellect Design Arena schedules one-to-one meeting with Hitong Securities | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|
| TECH MAHINDRA LIMITED | 1,51,018 | 26.6 | 5.02 | 16.9 | 16.0 | 18.8 | 8.5 | 16.8 |
| LTM LIMITED | 1,27,635 | 24.4 | 5.29 | 15.4 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 87,015 | 44.8 | 11.10 | 29.8 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 81,708 | 37.5 | 8.44 | 29.1 | 18.0 | 17.2 | 28.6 | 18.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 26.8 | 16.6 | 51 of 71 | 29% |
| P/B | 3.0 | 2.9 | 34 of 64 | 48% |
| ROCE | 13.4 | 14.2 | 43 of 78 | 46% |
| ROE | 10.7 | 11.5 | 38 of 67 | 44% |
| Debt / Equity | 0.0 | 0.0 | 4 of 68 | 64% |
| EBITDA margin | 23.0 | 18.4 | 18 of 65 | 73% |
| Revenue growth | 20.4 | 10.6 | 18 of 63 | 73% |
| Profit growth | 8.7 | 6.7 | 31 of 62 | 51% |
| Market cap | 9588 | 475 | 17 of 75 | 78% |
| A rating (BUY / ADD / REDUCE / SELL) | 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.
