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Pelatro (PELATRO) investor relations material
Pelatro Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong year-on-year growth in Q3 FY26, with momentum expected to continue due to new customer wins and deeper engagement with existing clients.
Now serving 46 telecom networks across 35 countries, handling 1.5 billion subscribers on the platform, with recent expansion via acquisition of Estel Technologies' software business.
Product portfolio includes analytics, campaign management, loyalty, mobile money, voucher management, and sales/distribution solutions.
Business model features a healthy mix of recurring, reoccurring, and one-time revenues, with recurring plus reoccurring at 77% for the nine months.
AI/ML technologies are deeply integrated into products, with a major AI platform launch planned for March.
Financial highlights
Nine-month revenue grew 69.13% year-on-year to INR 99.12 crores (₹9,912.75 lakhs); EBITDA up 73% to INR 22.38 crores (₹2,237.91 lakhs), with margin at 22.6%.
Q3 FY26 revenue rose 69% year-on-year to INR 38.38 crores (₹3,838.49 lakhs); EBITDA up 119% to INR 8.57 crores.
PAT (excluding exceptional items) for Q3 at INR 5 crores, margin of 13.1%; net profit for 9m FY26 was ₹1,199.73 lakhs (12.06% margin).
Surpassed full-year FY25 revenue and PAT in the first nine months of FY26.
EPS (diluted) for 9m FY26 was 13.16.
Outlook and guidance
Management expects growth momentum to continue, driven by both new and existing customers.
Effective tax rate expected to be around 9-10% for FY26, with minor variation in FY27 depending on revenue mix.
EBITDA margin target of 26-30% over the next 2-3 years, driven by business nonlinearity and operational leverage.
Recurring revenue per customer is expected to grow through module expansion and increased managed services adoption.
The company continues to monitor the impact of new labour codes and will evaluate further effects on employee benefits liability.
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