Intellect Design Arena Q2 FY27 results: net profit up 1.8% to ₹103.75 crore, revenue up 11.7%

How did Intellect Design Arena perform in Q2 FY27?

Intellect Design Arena reported consolidated revenue of ₹846.73 crore for Q2 FY27, up 11.7% from ₹758.09 crore in Q2 FY26. EBITDA was ₹167.69 crore, up 9.3%, while the margin declined 0.4 percentage points to 19.8%. Profit before tax was ₹138.14 crore, up 3.0%, and net profit was ₹103.75 crore, up 1.8%. Basic EPS was ₹7.47, compared with ₹7.40.

Against Q1 FY27, revenue rose 0.2% to ₹846.73 crore from ₹845.17 crore. EBITDA increased 0.9% to ₹167.69 crore from ₹166.20 crore and margin rose 0.1 percentage point to 19.8%. Profit before tax was ₹2.71 crore higher and net profit was ₹1.93 crore higher at ₹103.75 crore, while basic EPS rose ₹0.13 to ₹7.47. On a standalone basis, revenue was ₹497.82 crore and net profit was ₹80.36 crore.

What changed in Intellect Design Arena's costs and profit?

Total expenses increased 13.0% to ₹739.85 crore from ₹654.78 crore in the year-ago quarter. Employee cost rose by ₹58.89 crore to ₹507.15 crore, depreciation increased by ₹10.84 crore to ₹59.66 crore and other expenses rose by ₹15.52 crore to ₹171.88 crore. Finance costs declined by ₹0.19 crore to ₹1.15 crore.

Other income was ₹31.25 crore, up ₹0.41 crore from ₹30.84 crore in Q2 FY26. There was no exceptional item in either quarter. Tax expense declined by ₹0.94 crore to ₹32.90 crore from ₹33.84 crore. Revenue rose ₹88.64 crore, while EBITDA increased ₹14.21 crore and net profit increased ₹1.83 crore.

How did the first half of FY27 go?

For H1 FY27, Intellect Design Arena reported consolidated revenue of ₹1,691.90 crore, up 15.9% from ₹1,459.78 crore in H1 FY26. Total income rose 14.9% to ₹1,750.16 crore from ₹1,523.30 crore. Profit before tax increased 5.0% to ₹273.57 crore, while net profit rose 5.1% to ₹205.58 crore.

Basic EPS for H1 FY27 was ₹14.82, up from ₹14.25 in H1 FY26. The increase in net profit was ₹9.97 crore, compared with a ₹232.12 crore rise in revenue and a ₹226.86 crore rise in total income.

What do the balance sheet and cash flow show?

As of 30 September 2026, total assets were ₹4,645.80 crore, compared with ₹4,579.65 crore at 31 March 2026. Total equity increased to ₹3,364.66 crore from ₹3,199.23 crore. The company reported no borrowings at either date, while cash declined to ₹353.38 crore from ₹452.44 crore. Trade receivables were ₹826.29 crore, compared with ₹678.67 crore, and trade payables were ₹244.67 crore, compared with ₹235.99 crore.

For H1 FY27, operating cash flow was ₹145.19 crore, compared with ₹80.26 crore in H1 FY26. Investing cash flow was negative ₹130.80 crore, compared with positive ₹79.02 crore, while financing cash flow was negative ₹111.76 crore against negative ₹104.29 crore. Capital expenditure was ₹113.99 crore, compared with ₹95.55 crore.

How has Intellect Design Arena done over the last 8 quarters?

Revenue rose in each of the last seven quarters on a year-on-year basis, according to the reported trend data. Q2 FY27 revenue of ₹846.73 crore was close to the Q4 FY26 peak of ₹847.02 crore, while the low in the period was ₹609.63 crore in Q3 FY25.

Net profit reached its period high at ₹136.40 crore in Q4 FY25 and its low at ₹27.42 crore in Q3 FY26. It was ₹103.75 crore in Q2 FY27, above ₹101.82 crore in Q1 FY27. EBITDA margin peaked at 28.1% in Q4 FY25, fell to 13.7% in Q3 FY26 and was 19.8% in Q2 FY27.

What else did the company announce?

The board approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, following a recommendation from the Audit Committee. The same-day filing also stated that Suresh Eshwara Prabhala was appointed as an additional director liable to retire by rotation, subject to shareholder approval through a postal ballot.

The company filed an investor presentation alongside the results. Its stated Q2 highlights included 21 new customer wins, 25 financial institutions going live on Intellect platforms and a ₹13,125 crore pipeline. No dividend or fund-raising decision was included in the same-day board outcome.

What did Intellect Design Arena's management say?

Management said the company intended to deepen its North American presence across banking, insurance and credit unions, and expand across Europe, the Middle East, India and APAC. It also said the strategy included scaling global relationships through composable platforms across banking, wealth, insurance and commerce.

Management’s presentation highlighted MSOCK for AI-native transformation, Purple Fabric for Business Impact AI and eMACH.ai for composable financial transformation. It reported a ₹13,125 crore pipeline, up 9% year on year, and 103 Destiny deals. The presentation also said LTM total income rose 17% to ₹3,388 Cr, licence-linked revenue rose 18% and platform revenue rose 51%.

Management noted that LTM EBITDA rose 2% while PAT before exceptional items fell 6%, with more than ₹100 Cr attributed towards AI investments. It also highlighted DSO of 111 days excluding Contractually Not Due as a working-capital consideration and noted a Q3 FY26 exceptional gratuity provision of INR 30.84 Cr and resultant deferred tax of INR 7.76 Cr.

How did Intellect Design Arena shares react?

The filing appeared during market hours. From the price when it appeared, INTELLECT fell 1.7% after 5 minutes, 3.1% after 15 minutes and 4.0% after 30 minutes. On the reaction day, the stock closed 17.4% below the previous close; by the next day’s close, it was 12.3% below that pre-results close.

How did other Computers - Software & Consulting companies do?

Among 33 Computers - Software & Consulting companies compared for the quarter, the median revenue growth was 13.6%. Fourteen peers grew more slowly than Intellect Design Arena, while 19 grew faster. Of the 32 peers for which profit was compared, 20 reported higher profit. The peer comparison was as of 4 November 2026.