Pelatro (PELATRO) Q4 25/26 earnings summary

Executive summary

• Achieved significant expansion in FY25-26 with the acquisition of Estel Technologies' software business and Estel Technologies International FZE, adding new solutions and a second core growth vertical.

• Launched mViva Revenue Acceleration Platform with Agentic AI in March 2026, enhancing product leadership and subscriber engagement.

• Operates across 46 telecom networks in 35 countries, processing data for 1.5 billion subscribers.

• Consolidated revenue for the year ended March 31, 2026 was Rs. 13,823.01 lakhs, up from Rs. 8,576.87 lakhs year-over-year.

• A final dividend of Rs. 1 per equity share was recommended, subject to shareholder approval.

Financial highlights

• FY26 consolidated revenue from operations rose 61.16% year-over-year to Rs 13,823.01 lakhs.

• EBITDA (excluding exceptional items) for FY26 was Rs 3,147.55 lakhs, with margin improving to 22.77% from 20.85% in FY25.

• Net profit for FY26 was Rs 1,858.61 lakhs, up from Rs 1,093.12 lakhs in FY25; FY26 net profit was impacted by an exceptional item related to the new labour code.

• Diluted EPS for FY26 was 17.18, up from 13.16 in FY25.

• Cash and cash equivalents at year-end stood at Rs. 1,519.16 lakhs, down from Rs. 3,602.67 lakhs.

Outlook and guidance

• 82% of FY27 revenue already contracted, indicating high visibility and predictability.

• Annual revenue growth of about 15% projected over the next 5 years, with expanding EBITDA.

• Estel Division profitability expected to reach CVM Division levels in 12 to 18 months.

• AI-driven product and process re-engineering expected to lower costs and improve growth within 18 to 24 months.

• Management expects continued growth from the integration of the Estel business and international expansion.