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Odigma Consultancy Solutions Q2 FY27 results: net profit up 8.3% to ₹0.13 crore, revenue down 12.6%
Odigma Consultancy Solutions Limited reported standalone revenue of ₹10.99 crore in Q2 FY27, down 12.6% from a year earlier, while net profit rose to ₹0.13 crore from ₹0.12 crore. EBITDA remained negative at ₹0.05 crore, with a margin of -0.5%, and basic EPS was ₹0.04.
Key points
- Q2 FY27 standalone revenue was ₹10.99 crore, down 12.6% from ₹12.57 crore in Q2 FY26.
- Net profit for the quarter was ₹0.13 crore, up from ₹0.12 crore, while basic EPS was ₹0.04.
- EBITDA was a loss of ₹0.05 crore in Q2 FY27, compared with a loss of ₹0.06 crore in Q2 FY26.
- Revenue in H1 FY27 was ₹23.31 crore, up 21.9% from ₹19.13 crore in H1 FY26.
- The company had ₹1.15 crore of cash and no borrowings as of 30 September 2026.
How did Odigma Consultancy Solutions perform in Q2 FY27?
Odigma Consultancy Solutions reported standalone revenue of ₹10.99 crore in Q2 FY27, down 12.6% from ₹12.57 crore in Q2 FY26 and down 10.8% from ₹12.32 crore in Q1 FY27. Total income was ₹11.46 crore, against ₹12.91 crore a year earlier and ₹12.64 crore in the previous quarter.
EBITDA was a loss of ₹0.05 crore in Q2 FY27, compared with a loss of ₹0.06 crore in Q2 FY26, while the margin remained -0.5%. From Q1 FY27, EBITDA moved from ₹0.09 crore to a loss of ₹0.05 crore, and the margin fell 1.2 percentage points from 0.7%.
Profit before tax was ₹0.18 crore, up from ₹0.16 crore in Q2 FY26 but down from ₹0.20 crore in Q1 FY27. Net profit was ₹0.13 crore, compared with ₹0.12 crore a year earlier and ₹0.15 crore in the previous quarter; basic EPS was ₹0.04, compared with ₹0.05 in Q1 FY27.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 10.99 | 12.32 | 12.57 | −12.6% | −10.8% |
| Other income | 0.47 | 0.32 | 0.34 | +38.2% | +46.9% |
| Total expenses | 11.28 | 12.44 | 12.75 | −11.5% | −9.3% |
| EBITDA | −0.05 | 0.09 | −0.06 | turned to loss | |
| EBITDA margin | -0.5% | 0.7% | -0.5% | +0.0 pp | −1.2 pp |
| Profit before tax | 0.18 | 0.20 | 0.16 | +12.5% | −10.0% |
| Tax | 0.04 | 0.05 | 0.04 | +0.0% | −20.0% |
| Net profit | 0.13 | 0.15 | 0.12 | +8.3% | −13.3% |
| EPS (₹) | 0.04 | 0.05 | 0.04 | +0.0% | −20.0% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Odigma Consultancy Solutions' costs and profit?
Total expenses were ₹11.28 crore in Q2 FY27, down ₹1.47 crore or 11.5% from ₹12.75 crore in Q2 FY26 and down ₹1.16 crore or 9.3% from ₹12.44 crore in Q1 FY27. Employee cost was ₹3.49 crore, up ₹1.06 crore or 43.6% from ₹2.43 crore a year earlier, while depreciation rose ₹0.12 crore or 100.0% to ₹0.24 crore.
Other expenses declined ₹2.64 crore or 25.9% to ₹7.56 crore from ₹10.20 crore in Q2 FY26 and fell ₹1.70 crore or 18.4% from ₹9.26 crore in Q1 FY27. Other income rose to ₹0.47 crore, up ₹0.13 crore or 38.2% from a year earlier and ₹0.15 crore or 46.9% from the previous quarter. There was no exceptional item, finance costs and cost of materials were unchanged, and tax was ₹0.04 crore, unchanged from Q2 FY26.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 3.49 | 2.43 | +1.06 | +43.6% |
| Finance costs | 0 | 0 | 0 | |
| Depreciation | 0.24 | 0.12 | +0.12 | +100.0% |
| Other expenses | 7.56 | 10.20 | −2.64 | −25.9% |
| Total expenses | 11.28 | 12.75 | −1.47 | −11.5% |
| Other income | 0.47 | 0.34 | +0.13 | +38.2% |
| Tax | 0.04 | 0.04 | 0 | +0.0% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In H1 FY27, standalone revenue was ₹23.31 crore, up ₹4.18 crore or 21.9% from ₹19.13 crore in H1 FY26. Total income rose ₹4.35 crore or 22.0% to ₹24.10 crore from ₹19.75 crore, while profit before tax increased 23.3% to ₹0.37 crore.
Net profit for H1 FY27 was ₹0.28 crore, compared with ₹0.23 crore in H1 FY26, and basic EPS was ₹0.09 against ₹0.07. The quarter and half-year results presented in the filing were standalone and unaudited, and the board approved them on 27 October 2026.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 23.31 | 19.13 | +21.9% |
| Profit before tax | 0.37 | 0.30 | +23.3% |
| Net profit | 0.28 | 0.23 | +21.7% |
| EPS (₹) | 0.09 | 0.07 | +28.6% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As of 30 September 2026, total assets were ₹69.97 crore, compared with ₹62.68 crore as of 31 March 2026, while total equity was ₹54.20 crore against ₹53.42 crore. The company had no borrowings and ₹1.15 crore of cash, compared with ₹0.82 crore of cash previously.
Trade receivables were ₹9.94 crore, compared with ₹6.87 crore as of 31 March 2026, while trade payables were ₹6.34 crore against ₹1.87 crore. In H1 FY27, operating cash flow was ₹3.39 crore, compared with ₹4.79 crore in H1 FY26; investing cash flow was negative ₹3.06 crore against negative ₹19.80 crore, and capital expenditure was ₹0.33 crore against ₹3.50 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 69.97 | 62.68 |
| Total equity | 54.20 | 53.42 |
| Borrowings | 0 | 0 |
| Cash and equivalents | 1.15 | 0.82 |
| Inventories | 0 | 0 |
| Trade receivables | 9.94 | 6.87 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 3.39 | 4.79 |
| Cash from investing | −3.06 | −19.80 |
| Cash from financing | 0 | 0 |
| Capital expenditure | 0.33 | 3.50 |
Source: Company's results filing (XBRL).
How has Odigma Consultancy Solutions done over the last 8 quarters?
Revenue across the reported quarters was uneven, reaching its highest point at ₹15.19 crore in Q4 FY25 and its lowest at ₹6.57 crore in Q1 FY26. In the latest quarters, revenue fell from ₹13.75 crore in Q4 FY26 to ₹12.32 crore in Q1 FY27 and ₹10.99 crore in Q2 FY27.
Net profit bottomed at a loss of ₹1.44 crore in Q3 FY26, then recovered to ₹0.13 crore in Q4 FY26, ₹0.15 crore in Q1 FY27 and ₹0.13 crore in Q2 FY27. EBITDA margin was at its lowest -21.0% in Q3 FY26, moved to 0.4% in Q4 FY26 and 0.7% in Q1 FY27, before returning to -0.5% in Q2 FY27. Profit rose year on year in each of the last three quarters.
Which businesses drove the quarter?
Digital Marketing reported revenue of ₹10.40 crore and EBIT of ₹0.34 crore in Q2 FY27, with an EBIT margin of 3.2%. Global Top Level Domain Undertaking reported revenue of ₹0.60 crore and EBIT of ₹0.01 crore, with an EBIT margin of 1.2%. Year-ago segment revenue, EBIT and growth figures were not provided.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| Digital Marketing | 10.40 | 0.34 | 3.2% | |
| Global Top Level Domain Undertaking | 0.60 | 0.01 | 1.2% |
Source: Company's results filing (XBRL segment data).
How did Odigma Consultancy Solutions shares react?
By the next day's close, the stock was up 0.9% from its pre-results close, against a 1.7% industry median and a 1.8% market move. By the fifth session, it was up 4.8%, compared with an industry median of 1.8% and a relative gain of 3.0 percentage points. Earlier reaction-day moves were positive on 4 August 2026, 7 May 2026 and 30 January 2026, and negative on the other listed dates.
| After the filing | Stock | IT Enabled Services median |
|---|---|---|
| 5 minutes | +0.0% | |
| 15 minutes | +1.0% | |
| 30 minutes | −1.4% | |
| Reaction day | +2.8% | +1.8% |
| Next day | +0.9% | +1.7% |
| 5 days | +4.8% | +1.8% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 4 August 2026 | +0.5% |
| 7 May 2026 | +4.5% |
| 30 January 2026 | +0.7% |
| 11 November 2025 | −1.2% |
| 1 August 2025 | −1.3% |
| 29 May 2025 | −2.0% |
| 10 February 2025 | −2.0% |
Source: MarketPing price-reaction measurement.
How did other IT Enabled Services companies do?
Among 27 other IT Enabled Services companies that had filed for the quarter, the median revenue growth was 22.5%. Three peers grew more slowly than Odigma Consultancy Solutions, while 24 grew faster. Of the 24 peers for which profit was compared, 18 reported higher profit.
| Odigma Consultancy Solutions revenue growth (YoY) | −12.6% |
|---|---|
| Median of 27 other IT Enabled Services companies | +22.5% |
| Companies with slower revenue growth than Odigma Consultancy Solutions | 3 of 27 |
| Companies with faster revenue growth than Odigma Consultancy Solutions | 24 of 27 |
| Companies whose net profit rose | 18 of 24 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Odigma Consultancy Solutions' revenue in Q2 FY27?
Revenue from operations was ₹10.99 crore, down 12.6% from ₹12.57 crore in Q2 FY26 (standalone).
Did Odigma Consultancy Solutions make a profit in Q2 FY27?
Yes. Net profit was ₹0.13 crore, against a net profit of ₹0.12 crore in Q2 FY26.
What was Odigma Consultancy Solutions' EPS in Q2 FY27?
Basic earnings per share were ₹0.04, against ₹0.04 in Q2 FY26.
How did Odigma Consultancy Solutions shares react to the Q2 FY27 results?
On the reaction day the stock moved +2.8% from the previous close; the median IT Enabled Services stock moved +1.8%.
When did Odigma Consultancy Solutions announce its Q2 FY27 results?
On 27 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2026 And To Consider Other Business Items, If Any (BSE, 16 October 2026) · PDF
- Unaudited (Standalone) Financial Results For The Quarter And Half Year Ended On September 30, 2026 (BSE, 27 October 2026) · PDF
- Board Meeting Outcome for Unaudited (Standalone) Financial Results For The Quarter And Half Year Ended On September 30, 2026. (BSE, 27 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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