Ceinsys Tech (538734) Q4 24/25 earnings summary

Executive summary

• Operational revenues for Q4 FY25 grew 81.9% year-over-year to INR 142 crore, with EBITDA up 116% to INR 27 crore and net profit up 89% to INR 22 crore, reflecting strong project execution and efficiency gains.

• FY25 operational revenues reached INR 418 crore, up 65% year-over-year, with EBITDA at INR 78 crore (up 77%) and net profit at INR 63 crore (up 81%), driven by both organic growth and the AllyGrow Technologies merger.

• Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with unmodified audit opinions from statutory auditors.

• The company rebranded as CS TECH AI, emphasizing innovation in geospatial, engineering, and technology solutions, with a growing focus on AI, machine learning, and international expansion.

• Appointments of new internal auditor (PwC), secretarial auditor, and directors, including Mr. Phaneesh Murthy as Non-Executive Independent Director and Mr. Surej Kunthithayyil Poyil as Executive Director.

Financial highlights

• EBITDA margin for Q4 FY25 was 18.82%, and PAT margin was 15.38%; for FY25, EBITDA margin was 18.63% and PAT margin 15.12%.

• Technology Solutions revenue share increased from 24% to 51% year-over-year, with execution value rising from INR 60 crore to INR 213 crore.

• Standalone revenue from operations for FY 2024-25 was Rs. 39,973 lakhs, up from Rs. 23,347 lakhs year-over-year; consolidated revenue was Rs. 41,806 lakhs, up from Rs. 25,294 lakhs.

• Standalone net profit for FY 2024-25 was Rs. 8,138 lakhs, up from Rs. 3,595 lakhs; consolidated net profit was Rs. 6,324 lakhs, up from Rs. 3,500 lakhs.

• Employee costs as a percentage of revenue declined to 30% from 35%, and turnover per employee rose to INR 3.34 million from INR 2.29 million.

Outlook and guidance

• Management remains optimistic about future growth, with a focus on expanding Technology Solutions and international business.

• No specific revenue or margin guidance provided, but the company aims to maintain or improve current margin profiles.

• Order pipeline remains robust, with INR 300–400 crore targeted in new orders each quarter.

• Board recommended a final dividend of Rs. 3.50 per share for FY 2024-25, reflecting confidence in ongoing performance.

• New leadership appointments and internal audit enhancements signal focus on governance and growth.