IT - Software
60 recent notes from companies in this sector. 20 companies tracked.
Birlasoft delays manufacturing turnaround, guides FY27 margin at 15%
Q1 concal reveals manufacturing recovery pushed to Q3, wage hike to hit Q2 margin. Deal signings hit $169M, up 20% YoY, but EBITDA margin guidance drops sharply from recent above-18% levels.
Mastek's Q1 transcript confirms $310M backlog, $25M AI deal
Transcript of July 22 call adds no new numbers beyond the July 21 results, but management noted 13.3% YoY order backlog growth and a large North America AI transformation deal.
Jonjua Overseas approves 7:24 bonus; capitalizes ₹7.96 cr
The nano-cap IT firm will issue 79.55 lakh new shares from free reserves, boosting paid-up capital to ₹35.23 cr. Bonus is subject to approvals.
Aurionpro pulls FY27 guidance after margin shrinks to 17%
Aurionpro Solutions withdrew its full-year revenue and margin guidance after Q1 EBITDA margin fell to 17% from 20.2% a year ago, citing project delays and Middle East disruption.
Birlasoft margin stays above 15% as deals jump 20%
Q1 FY27 revenue ₹13,794 mn, up 2.3% sequentially; EBITDA margin at 16.1%; TCV of wins $169 mn, with AI-led engagements; cash and equivalents ₹28,786 mn.
Birlasoft profit jumps 51% in Q1 as manufacturing recovers
Net profit surged 51% YoY to ₹1,609.97 mn on higher other income and steadier costs. Revenue rose 7.3% to ₹13,792.96 mn, with manufacturing vertical reversing recent weakness.
Birlasoft Q1 revenue up 7.3%, profit surges on cost control
Profit before tax hits ₹2,281.74M on stable top-line growth. Manufacturing leads at ₹5,182.43M.
Dynacons lands ₹267.58 cr NPCI contract for data centre upgrade
The seven-year deal adds to Dynacons' ₹3,000 cr order book and locks in multi-year revenue from India's digital payments backbone.
Mphasis holds FY27 steady as Tria platform shows early traction
Q1 revenue of $471M, up 2.1% sequentially. Growth guidance of 8-12% and EBIT margin of 14.75-15.75% reaffirmed.
Veefin adds PNB as lending partner on PSB Xchange
Punjab National Bank, India's third-largest public sector bank, joins the digital working capital platform, lending weight to Veefin's supply chain finance push.
Happiest Minds Q1: Revenue in line, but deal conversion risks mount
FY27 growth guidance of 12.5% CC maintained but back-loaded; a large banking engagement slipped from Q1 to Q2. GenAI now ~6% of revenue, targeting 10% long term.
Coforge lifts FCF conversion target to >100%, flags strong Encora payoffs
First Encora quarter delivered ₹5,528 cr revenue and $2.2B order book; now management sees FY27 FCF >100% of PAT, EBIT margin above 15.5%.
Coforge revenue jumps 49% as Encora kicks in
First full quarter post-Encora acquisition delivers $592M revenue, 16% EBIT margin, and a $2.23B order book — up 44% YoY.
Coforge revenue jumps 49% in first Encora quarter to ₹5,527.7 cr
First full consolidation of Encora powers revenue to ₹5,527.7 crore, but net profit of ₹531.7 crore is broadly in line with guided trajectory. Board reappoints OP Bhatt, approves China entity.
Coforge posts first Encora-inclusive quarter with ₹5,528 cr revenue
The all-stock deal that closed in April transforms Coforge into a larger AI-native engineering firm. Board declares ₹4 dividend, approves China entity, reappoints O P Bhatt.
Coforge reports first Encora-inclusive quarter; revenue jumps 49% to ₹5,527 cr
The $2.35B acquisition closed in April 2026 adds its first full quarter to the books. Profit after tax stands at ₹531.7 cr; board declares ₹4/sh interim dividend.
Aurionpro's $33M US order buoys modest Q1
Quarterly revenue of ₹358 cr grew just 6.3% YoY, but the company's largest-ever US contract (worth ~19% of FY26 revenue) and multiple new wins strengthen visibility for H2.
Aurionpro's net profit falls to ₹45.9 cr despite revenue growth
Q1 revenue rose 6.3% to ₹358 crore, but higher employee costs squeezed margins. The company also acquired TProcess Inc. and invested ₹100 crore in its payments unit.
Fractal Q1 revenue up 20%, CFO Bhat departs
Revenue rose to ₹912.5 cr, net profit surged 92% YoY. TMT vertical fell 22% but management expects sequential recovery. CFO Ashwath Bhat leaves; healthcare pilot with Mumbai launched.
Kellton Tech's Q1 transcript: US client delays, but full-year guidance holds
Management stuck to FY27 revenue growth matching FY26 levels, but warned US clients are delaying project starts due to global headwinds. Revenue came in at ₹316 cr, roughly flat sequentially.
Happiest Minds Q1 meets guided pace, no surprises
Revenue ₹628.5 cr, up 14.3% YoY, stretches past the 12.5% constant-currency target. Adjusted PAT ₹80.5 cr, EBITDA margin 21.7%, all in line with expectations.
Happiest Minds beats FY27 growth target in Q1, revenue up 14.3%
Revenue of ₹629 crore and PAT of ₹80.5 crore both climb ~14% YoY, above the 12.5% target set for the year. Six new clients added, attrition eases.
Happiest Minds delivers 14% revenue growth, GenAI hits 5%
Bengaluru-based IT firm reports in-line Q1 with stable margins, adds six clients; GenAI business unit scales to 5.2% of revenue, above the FY27 target of 12.5%.
Happiest Minds beats FY27 growth target in Q1
Revenue up 14.3% YoY to ₹628.5 crore, above the guided 12.5% for the full year. Adjusted PAT rose 14.7% with 20% surge in deal pipeline.
Aurum PropTech's third straight profit masks a ₹45 cr one-time gain
Q1 revenue ₹111.84 cr, but core continuing ops profit was just ₹2.3 cr. Acquisition of Housing.com still a drag.
Novus Loyalty plans Dubai subsidiary, ESOP, capital hike
The board will meet on 3 August to consider a Dubai subsidiary, an employee stock option plan, and raising authorised capital from ₹18 cr to ₹20 cr. The moves signal international expansion and talent alignment for the nano-cap.
Wipro creates Databricks practice to push production AI
Wipro launches a dedicated Databricks practice to move clients from fragmented AI pilots to production-scale deployment, combining Databricks' platform with its WEGA delivery engine and industry expertise.
Canarys revenue jumps 121%, order book hits ₹441 cr
Revenue more than doubled to ₹200 crore and the order book hit a record ₹441 crore, powered by the Kotira acquisition and new AI products. But with a market cap of just ₹123 crore, execution risk is high.
3i Infotech's RailTel project goes to arbitration; Q1 margins improve
The long-pending RailTel project, once expected to restart in weeks, is now headed to arbitration. Q1 revenue at ₹178 cr, net profit ₹6.5 cr, gross margins expanded to 14.4%.
Tata Elxsi inks MoU with SCTIMST for healthcare solutions
Partnership with a top medical institute targets diagnostics and digital health, but the non-binding pact has no financial terms.
Sigma Advanced locks in $104.9M artillery order, more than double annual revenue
The ₹1,013 crore contract for 147,000 base bleed projectile bodies positions Sigma as a serious defence exporter, with margins expected to improve.
3i Infotech lands ₹4.83 cr OPaL facility deal
Three-year contract for IT asset management. Small, but adds to order book for the struggling ₹700-cr-revenue firm.
Kati Patang loss narrows 60% as alcohol revenue rises
Net loss for June 2026 quarter fell to ₹1.52 crore from ₹3.77 crore a quarter earlier. Board also approved a term sheet to buy 51% of tiny Chhota Hazri Spirits.
FCS Software Q1 profit slumps 78% after one-time boost fades
Sequential profit falls to ₹67.79 lakhs from ₹301.58 lakhs; revenue also declines. Routine quarterly filing with limited new information.
FCS Software Q1 net profit slides 78% on normalisation
Standalone profit fell to ₹67.79 lakhs from ₹301.58 lakhs QoQ, while revenue contracted 13%. The prior quarter had one-time gains.
Mastek's UK unit drives 15% profit jump in Q1 FY27
Revenue rises 7.7% to ₹985 cr, but North America flat and AMEA down. Stock trades at 12.1x trailing earnings.
Mastek posts 7.7% revenue growth in Q1, profit up 15%
UK & Europe drives revenue to ₹985 cr; operating margin expands to 16.6% from 15%. Results broadly in line with market expectations.
63 Moons shifts ₹70 cr from Singapore unit to loss-making Ticker
Parent company reallocates surplus treasury funds to a subsidiary that lost ₹35.8 cr on revenue of ₹27 lakh. The deal needs shareholder approval.
63 Moons shifts ₹70 cr from Singapore unit to loss-making Ticker
The company is deploying surplus treasury funds from its Singapore subsidiary into an unlisted Indian unit that has negligible revenue and is loss-making—a material related party transaction requiring shareholder approval.
Aurum Proptech revenue jumps 71% but core profit just ₹2.3 cr
Third straight profitable quarter, but the core business barely breaks even. Housing.com integration is the big bet, with a 4-6 quarter profitability timeline.
California Software revenue surges but audit flags aged receivables
Q1 FY27 standalone revenue ₹662.88 lakhs, net profit ₹419.39 lakhs. Auditors qualify review citing ₹2,336.55 lakhs unprovided receivables and other lapses.
Adroit Infotech forfeits 2.64M partly paid shares on call money default
The board forfeited 2.64 million partly paid shares (4.5% of equity) after holders missed the May 22 deadline. The rest is routine: internal auditor change, executive pay revision, ESOP tweaks.
Atishay lands first international AI order, from Myanmar
The ₹2.5 cr Phase I contract for a diagnostic platform, plus annual maintenance, marks a strategic shift beyond domestic government work for this nano-cap.
Aurum PropTech Q1: 57% revenue growth, but market already had the story
Third consecutive profitable quarter with EBITDA margin at 10.2%. Housing.com acquisition remains the focus but was already announced.
Aurum PropTech's ₹45 cr profit built on building sale; core in red
A one-time gain of ₹45.52 cr from selling buildings in Navi Mumbai drove net profit to ₹45.18 cr. Excluding that, continuing ops posted a small loss. Revenue rose 57% to ₹121 cr.
Aurum PropTech's Q1 profit built on ₹45.5 cr building sale
Consolidated net profit ₹45.18 cr but core operations still in the red. Company reiterates ₹458 cr Housing.com share-swap acquisition.
LTTS Q1 transcript adds nothing new
Filed six days after the live call, the record is a backward-looking compliance document. All key figures were already public.
Tata Tech drops fixed margin target as Q1 revenue jumps 34%
CFO Uttam Gujrati walked back the 18% exit margin target, shifting to quarter-on-quarter expansion. Revenue hit ₹1,665 cr, but large deal wins and diversification progress were already priced in.
Cosyn's Jun 2026 quarter revenue ₹106.13 lakh, profit ₹3.53 lakh
Nano-cap IT firm posts modest quarterly numbers with routine director re-appointments. No material new information.
Tata Tech Q1 revenue jumps 34%, margins hold firm
Revenue hits ₹1,664.63 cr, services grow 34.6% YoY. A full-vehicle engineering win with a Japanese OEM and stable EBITDA margin of 16.1% reinforce a constructive but unsurprising quarter.
Tata Tech Q1 revenue jumps 34%, profit barely moves
Revenue hits ₹1,664.63 crore, but net profit inches up just 6% to ₹180.75 crore as finance costs from the Es-Tec acquisition eat into margins.
Ahasolar bags Coal India BESS consultancy order worth ₹35 lakhs
The 15-month mandate for a 187.5 MW/750 MWh facility in Telangana adds to its government client list, though the order is modest at 1.4% of market cap.
Omega Interactive to raise up to ₹200 crore for AI push
The nano-cap company plans to tap equity markets for nearly half its market cap, funding AI centres and acquisitions. Dilution risk is high.
B2B Software net profit jumps 41% in June quarter
Consolidated revenue up 14% to ₹7.39 crore; standalone profit rises to ₹63.10 lakhs. Governance changes are routine.
Tata Elxsi's Q1 transcript: Revenue tops ₹1,000 cr, margin slips 330 bps
The earnings call transcript gives granular detail on the margin walk, with CFO Rana expecting recovery; CEO flags European auto caution.
Wipro files Q1 transcript; no new market-moving info
The transcript of Wipro's Q1 FY27 earnings call confirms the 1.2% sequential revenue decline and $1.6 bn in large deal bookings already disclosed on July 16. The filing is routine and carries no incremental price-sensitive information.
B2B Software posts 14% revenue growth, profit jumps 40% in June quarter
The nano-cap IT firm's Q1 shows acceleration from the prior quarter's flat profit, with governance items including a new company secretary and director reappointment.
LTM partners with AI firm Glean, no deal size disclosed
The partnership integrates Glean's enterprise knowledge graph into BlueVerse. Without financial terms, the move is qualitative for now.
Wipro's revenue slips, margins tighten as AI investments bite
IT services revenue fell 1.2% sequentially to $2.61B. Margin contracted 120 bps to 16%. Q2 guidance hints at continued weakness.
Tech Mahindra's margin streak hits 11 quarters, deal wins jump 33%
Q1 revenue of $1,660M, up 6.6% CC, with all five verticals growing. Management flags short-term headwinds from European auto and wage hikes but reaffirms 15% margin target.