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Birlasoft (BSOFT) investor relations material
Birlasoft Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 FY2026 revenue was $150.8M (₹13,475 Mn), up 1.4% QoQ, with EBITDA margin expanding to 18.2% from 16.0% in Q2, reflecting strong operating efficiencies and robust cash flow generation.
TCV for Q3 reached $202M, up 89% QoQ, with 46% from new engagements, driven by domain and AI-led capabilities.
Cash and cash equivalents increased 6% QoQ and 21% YoY to ₹24,914 Mn ($277.2M), supported by the highest quarterly collections in the fiscal year.
Unaudited consolidated financial results for the quarter and nine months ended 31 December 2025 were reviewed and approved by the Board on 28 January 2026.
Statutory auditors issued an unmodified review conclusion on both consolidated and standalone results.
Financial highlights
Consolidated revenue: $150.8M (₹13,475 Mn), up 1.4% QoQ; constant currency revenue up 0.3% QoQ.
EBITDA: $27.4M, up 13.3% QoQ and 42.1% YoY; EBITDA margin expanded 212 bps QoQ to 18.2%.
PAT at ₹1,199 Mn ($13.4M), with adjusted PAT at ₹1,802 Mn ($20.2M) after excluding labor code and one-time tax impacts.
Adjusted basic non-annualized EPS: INR 6.44 per share; basic EPS for the quarter at ₹4.28.
DSO improved to 54 days, among the best in the industry.
Outlook and guidance
No material change in demand environment; discretionary spending remains constrained.
Manufacturing and ERP expected to remain soft in Q4 due to one-off ramp-ups in Q3; recovery anticipated from Q1/Q2 next year.
ENU and financial services expected to show steady growth; life sciences to face headwinds in Q4 but expected to stabilize and grow from Q2 next year.
Q4 signings expected to exceed Q3; focus on pipeline and order booking.
The group continues to monitor the finalisation of Central and State rules and government clarifications on the new Labour Codes and will update accounting treatment as required.
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Net income surged 61.9% year-over-year, with strong wireless and enterprise growth. - LOT
A$76M equity raise supports Kayelekera ramp-up and Letlhakane development amid strong uranium demand. - SYM
Revenue up 29% to $630M, net income $13.36M, $22.3B backlog, strong cash, legal risks persist. - BPT
H1 FY26 revenue hit AUD 1B, with strong gas prices and LNG cargoes driving results. - CPAY
2026 guidance targets 16% revenue and 22% adjusted EPS growth, led by strong Corporate Payments. - TENB
Record 2025 results with double-digit growth, strong cash flow, and expanding AI-driven platform. - DHX
Q4 2025 revenue down 10% YoY; FY 2026 guidance targets $118M–$122M revenue. - COHR
Q2 FY26 revenue up 17% to $1.69B, with strong EPS growth and robust datacenter demand. - ALGT
Q4 2025 saw record results and margin growth, with 2026 outlook boosted by Sun Country deal. - STC
Record bookings, strong cash flow, and margin expansion drive improved outlook.
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