Digilogic missed its own FY26 guidance. Now it's promising 25-30% growth.
Revenue grew just 8.4% versus a 25% target. Management blames supply-chain delays and is betting on ₹100 crore in new orders by September.
— 2 earlier stories on Digilogic Systems Ltd. →What's new
- FY26 revenue of ₹78.3 cr grew 8.4%, missing the 25% growth target due to geopolitical supply-chain disruptions.
- Net profit rose 33.8% to ₹10.4 cr; EBITDA margin improved 152 bps to 19.6%.
- Management guided for 25-30% revenue growth in FY27, citing ₹30 crore in orders on hand as of May.
Why this matters
Digilogic's 25% growth target was a core promise. Delivering 8.4% means the credibility of the new, equally ambitious FY27 guidance hinges on execution. The company is adding capacity four times its current size, but that won't help until FY29.
What we're watching
- Whether the ₹100 crore purchase-order target by September materializes.
- How Project Udaan's funding and construction timeline progress.
- If geopolitical lead times normalize, as the FY27 guidance assumes.
The full read
Digilogic Systems managed just 8.4% revenue growth in FY26 against a 25% target, a clear miss driven by geopolitical supply-chain snags that doubled hardware lead times. The bottom line fared better: net profit climbed 33.8% to ₹10.4 crore on an EBITDA margin that expanded 152 bps to 19.6%. Management is now pointing to a new cycle, guiding 25-30% growth for FY27. The case rests on ₹30 crore in orders already booked as of May and a target of ₹100 crore in purchase orders by September. The bigger bet is Project Udaan, a plant four times the current facility's size. That's for FY29, though, not now. The near-term test is simpler: can Digilogic convert its order pipeline after a year when its own guidance fell short.
Questions answered
- Why did Digilogic miss its FY26 revenue guidance?
- Geopolitical supply-chain disruptions extended hardware lead times from two to four months, which delayed project execution. The company had guided for 25% growth but delivered 8.4%.
- How did profitability fare despite the revenue miss?
- Net profit rose 33.8% to ₹10.4 crore and EBITDA margin improved by 152 basis points to 19.6%. This suggests the company maintained cost discipline even as revenue growth stalled.
- What is the basis for the FY27 growth guidance?
- Management cited ₹30 crore in orders already in hand as of May and a target of ₹100 crore in purchase orders by end-September. The 25-30% growth target is anchored on these commitments.
- What is Project Udaan?
- It is a new facility planned to be four times larger than Digilogic's current one. Management expects it to start contributing revenue from FY29, meaning it is not a near-term growth driver.
Story so far
All notes on DIGILOGIC →- 1 Jun 2026 · 1:25 PM IST Digilogic missed its own FY26 guidance. Now it's promising 25-30% growth.
- today Digilogic guides 25-30% FY27 growth after supply delays cost it ₹22 cr last year
- 6d ago Digilogic's first results since listing show a back-loaded year