Q3 2026 Saksoft Ltd Earnings Call Transcript
Key Points
- Saksoft Ltd (BOM:590051) reported a strong year-on-year revenue growth of 24%, reaching approximately INR249 crores.
- The company's EBITDA grew by 31% year-on-year and 26% quarter-on-quarter, with margins at 18.40%.
- Saksoft Ltd successfully repositioned itself as an AI-led product engineering company, which has started to yield positive results.
- The acquisition of Salesforce and ServiceNow partners, SEPI and Z Techno, has led to increased traction across million-dollar accounts.
- The company added a new customer in the USD0.5 million bracket and scaled an existing client to the USD1 million bracket, demonstrating its ability to expand and deepen customer relationships.
- The IT sector is facing severe headwinds due to global geopolitical tensions, impacting demand across sectors.
- Despite strong performance, the company anticipates challenges in maintaining the current EBITDA margin of 18.5% due to currency fluctuations and annual increment cycles.
- The transition to AI-led services has not yet resulted in significant revenue growth, as clients are cautious in adopting AI solutions.
- The company faces competition from larger tech firms, which could impact its ability to increase wallet share with existing customers.
- Saksoft Ltd's growth strategy heavily relies on the US market, which contributes 44% of total revenues, posing a risk if geopolitical or economic conditions change.
Ladies and gentlemen, good day and welcome to Saksoft Ltd Q1 FY26 earnings conference call hosted by Monarch Network Capital Limited.
(Operator Instructions)
Please note that this conference is being recorded.
And now hand the conference over to Mr. Vinay Menon.
Thank you and over to you, sir.
Thank you. Good afternoon, everyone. On behalf of Monarch Network Capital, it's my pleasure to host the senior management of Saksoft . We have with us Mr. Aditya Krishna, promoter and CEO, Ms. Avantika Krishna's Chief Sales Officer, and Mr. Niraj Kumar, CFO and COO of the company. Now I'll hand over the call to Mr. Aditya Krishna for his opening remarks.
Thank you.
Thank you, Vinay, and good afternoon, everyone.
Welcome to our earnings call to discuss the performance of the 1st quarter of financial year 2026.
Let me begin by briefing you
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
