Workmates targets ₹210 cr revenue in FY27, sees 45%+ growth
Concall adds granularity on margin drivers, AI strategy, and competitive positioning. Opening MRR stands at ₹13.5 cr.
What's new
- FY27 revenue guidance of ₹210 cr, implying 45%+ growth
- PAT guidance of ₹24-25 cr for FY27
- Opening MRR of ₹13.5 cr revealed
Why it matters
The concall provides a sharper execution roadmap for believers, with specific targets that build on prior disclosures. Margins and AI monetization will be key to converting these projections into reality.
What we're watching
- Quarterly progress toward the ₹210 cr revenue target
- Margin trajectory given the PAT guidance of ₹24-25 cr
- Updates on AI integration and competitive positioning
The full read
Workmates Core2Cloud laid out a detailed FY27 roadmap on its concall, targeting ₹210 crore in revenue — a 45%+ jump from current levels. PAT is guided at ₹24-25 crore, with opening MRR of ₹13.5 crore providing a solid base. Management added color on margin drivers, AI strategy, and competitive positioning, offering investors a clearer narrative to track. The concall builds on prior disclosures; the key now is execution against these targets.