Network People Services Technologies (NPST) Q2 25/26 earnings summary

Executive summary

• Achieved strong quarter-on-quarter revenue growth to INR 48.61 crore (₹4,667.69 lakhs), with EBITDA up 40% and net profit rising 38% to INR 10 crore (₹984.45 lakhs), maintaining a 20.4% profitability margin.

• Expanded digital payment solutions, launched new products such as Banking Connect, Bank in a Box, Evok 4.0, and voice-based payments, and entered new international markets including Africa and Dubai.

• Secured major orders from large PSU banks, expanded partnerships with payment aggregators, and incorporated a wholly-owned subsidiary in Dubai.

• Focused on SaaS-based models, device-as-a-service, and increasing SaaS revenue through RegTech and Bank in a Box.

• Approved unaudited consolidated and standalone financial results for Q2 FY26, with no material misstatements noted.

Financial highlights

• Revenue increased to INR 48.61 crore (₹4,667.69 lakhs), up 39% quarter-on-quarter from INR 35 crore.

• EBITDA reached INR 15.71 crore (₹15.72 Cr), a 40% increase over the previous quarter, with margin stable at 32.34%.

• Net profit rose to INR 10 crore (₹9.93 Cr/₹984.45 lakhs), up 38% sequentially, with a net margin of 20.4%.

• EPS improved to ₹5.03 from ₹3.70 in the previous quarter.

• Cash and cash equivalents as of September 30, 2025, were ₹31,685.77 lakhs (consolidated).

Outlook and guidance

• Management expects incremental growth in Q3 and Q4, aiming to reach previous peak revenue levels by Q3.

• Focus on expanding payment platform revenue, executing TSP business, and growing SaaS-based income from RegTech and Bank in a Box.

• Capital raised is earmarked for global expansion, product development, infrastructure enhancement, and strategic acquisitions.

• Aiming for deeper penetration in PSU, government, and global markets.