Conference Call with Birlasoft Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Birlasoft announced Q1FY26 results Revenue at Rs 12,849 million, down 2.4% QoQ. EBITDA Rs 1,588 million, EBITDA Margin at 12.4%. PAT at Rs 1,064 million translating to basic EPS (not annualized) of Rs 3.81. Adjusted PAT at Rs 1,226 million translating to basic EPS (not annualized) of Rs 4.39. Cash and cash equivalents rise 3.1% QoQ and 19.4% YoY to Rs 22,864 million. Angan Guha, Chief Executive Officer & Managing Director, Birlasoft, said: “Three of our four verticals — BFSI, Life Sciences & Services, and Energy & Utilities — delivered sequential growth in dollar terms during the quarter. The Manufacturing vertical, which is also our largest, remained sluggish on account of some project closures and ramp downs. While the demand environment remains challenging due to the prevailing macroeconomic conditions, our deal pipeline is robust and we expect an uptick in deal wins as customer decision-making picks up. We have been deploying advanced AIpowered capabilities, including Agentic AI, across multiple existing customer ngagements. Many of the deals that we have been winning in the recent past are also centered on Gen AI. Our focus in the current environment is on execution with an eye on operational efficiency, cashflow generation, and prudent capital allocation.” Kamini Shah, Chief Financial Officer, Birlasoft, said: "Our consolidated revenue during the quarter stood at USD 150.7 million. This represents a sequential decline of 1%, due to degrowth in our Manufacturing vertical that outweighed the growth seen across all other verticals. We continue to generate healthy cashflows with cash and cash equivalents rising to USD 266.6 million by the end of the quarter, up about 3% QoQ and 16% YoY. We have begun the new financial year with a robust balance sheet. We are also making judicious investments in the business, prioritising initiatives where we anticipate returns in the medium term." Result PDF