Tipsheet
What matters at India’s listed companies
Notes / Sector

Software Platform

42 recent notes from companies in this sector. 11 companies tracked.

Anchor companies · by market cap
Recent activity
Mon · 06 Jul
5
Software Platform

Info Edge's Naukri rolls out AI tools with 4,000+ clients, 10% paid conversion

The ₹150 crore AI budget for FY27 is a fraction of the ₹67,000 crore market cap. The real value driver remains the startup portfolio, not AI yet.

NAUKRI Large cap 9:12 AM
Sun · 05 Jul
8
Software Platform

Nykaa's Q1 revenue accelerates to near 30%, fashion vertical surges mid-50s

The voluntary update shows a sharp acceleration from FY26's 26% growth, driven by Nike partnership and own-brands. Shares rose in morning trade.

NYKAA Large cap 5:37 PM
Wed · 01 Jul
6
Software Platform

Brainbees to sell ₹300 cr of Swara Baby shares in subsidiary's IPO

The board approved an OFS worth up to ₹300 crore in Swara Baby's proposed IPO. The subsidiary will remain under Brainbees' control after listing.

FIRSTCRY Mid cap 7:50 PM
5
Software Platform

FirstCry ESOP trust gets tax reassessment notice over share valuation

IT Dept for AY 2022-23 alleges 1.04 crore shares were issued at face value ₹5 instead of fair market price; no tax demand raised yet.

FIRSTCRY Mid cap 6:35 PM
Tue · 30 Jun
5
Software Platform

PB Fintech pumps ₹20 cr into payments arm, eyes Dubai insurance

Capital infusion in PB Pay to meet RBI norms; two DIFC step-downs for insurance advisory and reinsurance broking with combined ~₹9 cr.

POLICYBZR Large cap 9:50 PM
5
Credit · Software Platform

BlackBuck promoter pledges 0.35% stake in first-ever encumbrance

Executive director Ramasubramanian Balasubramaniam has pledged 630,000 shares to 360 ONE Distribution. For a company with a ₹10,244 cr market cap, the quantum is negligible and carries no distress signal.

BLACKBUCK Mid cap 6:33 PM
6
Concalls · Software Platform

CarTrade maps out AI-fintech roadmap, but numbers stay under wraps

Strategy call covered Via AI rollout, IDFC FIRST Bank partnership, and non-auto product financing. But with no new financial targets or launch dates, it was a narrative update, not a catalyst.

CARTRADE Mid cap 1:05 PM
Sun · 28 Jun
5
Software Platform

CarTrade's OLX India ties up with IDFC FIRST Bank for used-car loans

The digital loan partnership targets a used-car market that could hit 9.5 million annual transactions by 2030, but the release disclosed no loan volumes or revenue terms.

CARTRADE Mid cap 10:57 PM
Tue · 23 Jun
5
M&A · Software Platform

Honasa Consumer buys 58% of Fluence Pharma for ₹135 cr

The Mamaearth parent gains patented cyclical nutrition therapy brands but the deal is tiny relative to its ₹13,690 cr market cap.

HONASA Mid cap 6:20 PM
8
Software Platform

IRCTC CMD Sanjay Kumar Jain resigns; successor awaited

IRCTC's Chairman and Managing Director Sanjay Kumar Jain has resigned on personal grounds, effective July 20, 2026, leaving the Navratna PSU without a named successor.

IRCTC Large cap 4:31 PM
Mon · 22 Jun
5
Software Platform

Fidelity slices Meesho stake under 5%, sells ₹1,712 cr in six months

Fidelity-managed funds sold nearly 98.4 million shares, reducing holding from 6.30% to 4.04% — a gradual reduction that kept the market calm.

MEESHO Large cap 4:16 PM
8
Software Platform

Info Edge's ₹41,300 cr startup stash: 8.4x on deployed capital

The annual letter reveals that Info Edge's startup investments, led by Zomato and PB Fintech, are now worth 65% of its market cap, with consumer tech returning 13.5x.

NAUKRI Large cap 4:08 PM
Thu · 18 Jun
6
Software Platform

Nykaa drops fashion house-of-brands plan, cites bandwidth limits

On its June 18 concall, management also said 55% of GMV is AI-driven but just 5% of GenAI experiments are P&L-ready. Fashion hit EBITDA breakeven in Q4.

NYKAA Large cap 5:30 PM
7
Software Platform

Nykaa lands Nike's India digital ops, sets $5B GMV target by FY30

The beauty retailer will manage end-to-end Nike online commerce from February 2026, part of ambitious FY30 targets including 600 stores and B2B breakeven.

NYKAA Large cap 10:05 AM
Mon · 15 Jun
6
Software Platform

CarTrade rolls up CarWale and OLX into single used-auto platform

The unified platform targets 2 million transactions a year worth ₹1.2 lakh crore. India's used-car market is projected to double to 10 million units by 2030.

CARTRADE Mid cap 9:22 AM
Thu · 11 Jun
6
Software Platform

IRCTC gets a new finance chief from Northern Coalfields

Rajneesh Narain joins as Director (Finance), replacing a vacancy at the ₹41,684 cr market-cap PSU. His term runs until mid-2030.

IRCTC Large cap 5:40 PM
Fri · 05 Jun
7
Software Platform

Unicommerce's Chairman Manoj Kohli Resigns

The independent director steps down from the top board role in 30 days, citing personal circumstances.

UNIECOM Micro cap 3:54 PM
Tue · 02 Jun
5
Earnings · Software Platform

FirstCry's margin pressure has four to six quarters left to run

Management told analysts the diaper war and raw-material volatility are not short-term blips. The logistics build-out is the upside story.

FIRSTCRY Mid cap 11:08 PM
Fri · 29 May
6
Earnings · Software Platform

IRCTC caps margin target at 30% as catering, tourism volumes grow

The ticketing cash cow is being diluted by mass-volume, lower-margin verticals. Management is accepting the trade-off.

IRCTC Large cap 8:02 PM
Wed · 27 May
5
Earnings · Software Platform

Physicswallah's latest shareholder letter adds no new financial data

The company's latest update provides management commentary on previously disclosed FY26 results, offering no material changes to its financial position.

PWL Large cap 6:14 PM
6
Earnings · Software Platform

Physicswallah narrows losses to ₹24 cr as revenue climbs 35%

The edtech firm's consolidated losses shrank from ₹243.3 crore to ₹24.2 crore in FY26, beating market expectations of a wider deficit.

PWL Large cap 6:04 PM
6
Concalls · Software Platform

IRCTC pivots from high-margin ticketing to volume-led growth

Management warns that internet ticketing is saturated, signaling a structural shift toward lower-margin catering and tourism segments.

IRCTC Large cap 4:01 PM
Tue · 26 May
5
Earnings · Software Platform

IRCTC reports steady FY26 growth as Q4 profit slips

The railway catering firm posted a 6% rise in annual profit on revenue of ₹521,486 lakhs. A final dividend of ₹0.50 per share brings the total FY26 payout to ₹9 per share.

IRCTC Large cap 9:06 PM
5
Earnings · Software Platform

IRCTC reports steady annual growth as Q4 profit slips 8.8%

The state-run caterer posted a 6% rise in annual profit to ₹1,393 cr, while the board declared a final dividend of ₹0.50 per share.

IRCTC Large cap 8:57 PM
6
Earnings · Software Platform

FirstCry expects margin pressure to last another six quarters

Management flagged a 140 bps gross margin hit from quick-commerce rivals, but targets double-digit EBITDA growth in India for FY27.

FIRSTCRY Mid cap 7:35 PM
5
Earnings · Software Platform

FirstCry revenue hits ₹85,479 million as losses narrow in FY26

The company reported an 11.6% revenue increase for the year, while standalone profit doubled to ₹1,089 million.

FIRSTCRY Mid cap 6:10 PM
5
Earnings · Software Platform

FirstCry revenue grows 11.6% as standalone profit doubles

Brainbees Solutions reported a narrowed net loss for FY26, alongside a board-approved investment of ₹78 crore into overseas subsidiaries.

FIRSTCRY Mid cap 6:07 PM
5
Earnings · Software Platform

Brainbees Solutions narrows annual losses as revenue climbs 11.6%

FirstCry parent reports FY26 revenue of ₹85,479 million and a narrowed net loss of ₹2,037 million. The board also approved a ₹78 crore expansion investment.

FIRSTCRY Mid cap 5:35 PM
6
Software Platform

Nykaa turns fashion profitable, then reverses course on distribution

Fashion EBITDA hit 0.3% in Q4 after a full-year loss. Management disclosed it's re-entering general trade with 150,000 doors, abandoning a prior plan to exit.

NYKAA Large cap 5:01 PM
Fri · 22 May
6
Concalls · Software Platform

Info Edge hits speed bumps in recruitment and real estate

Growth in recruitment billings cooled to 10% for the year, while a sales reorganisation dragged 99acres billings to a 2% crawl.

NAUKRI Large cap 6:06 PM
5
Earnings · Software Platform

Info Edge operating profit jumps 39% on a 17% revenue gain

The quarter's story was cost control. Revenue grew a steady 17%, but operating profit surged nearly 40% on fatter margins.

NAUKRI Large cap 1:33 PM
5
Earnings · Software Platform

Info Edge Q4 profit jumps 39%, but the market already knew that

Standalone operating profit rose 39.4% to ₹322.7 crore on 17.2% revenue growth. The results match the April 9 business update, and the dividend is unchanged.

NAUKRI Large cap 1:22 PM
6
Earnings · Software Platform

Info Edge pushes standalone margins to 40.1%

Recruitment remains the primary engine for the firm as FY26 revenue reaches ₹3,052 crore.

NAUKRI Large cap 1:17 PM
Thu · 21 May
6
Software Platform

Nykaa hits ₹10,000 cr revenue, but fashion's U-turn steals the show

FSN E-Commerce crossed the milestone in FY26 with profit more than doubling. The bigger news: a full retreat from its plan to exit general trade stores.

NYKAA Large cap 6:59 PM
6
Concalls · Software Platform

Honasa triples EBITDA, pays first dividend, sets five-year targets.

Q4 revenue rose 28% to ₹682 crore. The company is now setting ambitious five-year targets for growth and margins.

HONASA Mid cap 6:32 PM
6
Earnings · Software Platform

BlackBuck logs ₹160 cr PAT in first full year, warns of West Asia risk

Revenue rose 55% in FY26; management says conflict could slow trade volumes in the near term.

BLACKBUCK Mid cap 5:06 PM
6
Earnings · Software Platform

Honasa's FY26 profit jumps 177% to ₹191 cr; maiden dividend of ₹3

Audited results confirm prior disclosures; the dividend is the stand-out new item, though the market had already absorbed the headline numbers.

HONASA Mid cap 5:03 PM
6
Earnings · Software Platform

Honasa confirms strong FY26 with 177% profit surge, maiden dividend

Audited results validate already-disclosed performance; unmodified opinion adds credibility.

HONASA Mid cap 4:50 PM
6
Earnings · Software Platform

Nykaa crosses $1B revenue, profit surges 183% in FY26

Annual results show strong margin expansion. Revenue up 26% to ₹10,022 cr, net profit at ₹204 cr.

NYKAA Large cap 4:50 PM
6
Earnings · Software Platform

Honasa posts record Q4 revenue, doubles profit, declares maiden dividend

Third consecutive quarter of 20%+ growth; ₹3 per share dividend signals management confidence in cash flows.

HONASA Mid cap 4:31 PM
6
Earnings · Software Platform

Honasa PAT jumps 177% as board declares maiden dividend

FY26 revenue up 14% to ₹2,305.4 crore; Q4 PAT rises 162% to ₹64.5 crore; board recommends ₹3 per share dividend.

HONASA Mid cap 4:26 PM
5
Earnings · Software Platform

Nykaa Q4 profit quadruples to ₹78 cr, as earlier flagged

The earnings were pre-empted by a business update; only new item is a ₹9.4 cr minority stake buy in Earth Rhythm.

NYKAA Large cap 4:13 PM