Exato Technologies reported a 66.65% year-on-year increase in consolidated profit after tax (PAT) to ₹1,608.88 lakh for the financial year ended March 31, 2026. The company also submitted its revised annual report for FY26 on September 16, 2026, incorporating corrections from a corrigendum dated the same day.

Consolidated revenue from operations grew 35.23% to ₹16,799.58 lakh, supported by deeper enterprise engagements and international expansion. EBITDA expanded 59.29% to ₹2,539.44 lakh, with margins improving by 229 basis points to 15.12%.

Financial Performance

The standalone PAT rose 70.26% to ₹1,608.73 lakh, while consolidated EPS increased from ₹13.72 to ₹19.10. The improvement in profitability was driven by higher revenues and operational efficiencies.

Capital Markets Milestone

Exato Technologies listed on the BSE SME Platform on December 5, 2025, following an Initial Public Offering that raised ₹31.85 crore. The capital infusion strengthened the balance sheet, with total shareholders' funds rising from ₹4,234.78 lakh to ₹8,830.75 lakh. Long-term borrowings reduced sharply from ₹813.51 lakh to ₹66.12 lakh.

The debt-equity ratio improved from 0.74 times to 0.24 times, while the current ratio strengthened from 1.76 times to 2.75 times. The company also issued bonus shares in the ratio of 550:1 during the year.

What the Numbers Show

The significant divergence between revenue growth of 35.23% and EBITDA growth of 59.29% indicates strong operating leverage as the company scaled its platform-led offerings. Additionally, while PAT grew nearly 67%, other income declined 46.60% to ₹103.10 lakh, suggesting the profit growth was primarily operational rather than driven by non-recurring gains.

Order Book and Outlook

As of early FY27, the total order book stood at approximately ₹660 crore, with ₹409 crore remaining executable. This provides visibility into future execution. The company continues to invest in proprietary technology, with intangible assets under development rising to ₹2,840.00 lakh.

Exato plans to deepen its presence in international markets including the US, UK, Singapore, and Australia. It also aims to accelerate IP-led revenue through platforms like ExatoIQ and ExaFone.

Exato Technologies Limited filed its annual report for the financial year ended March 31, 2026, with the BSE on September 4, 2026. The submission includes the company's audited standalone and consolidated financial statements, the Board's Report, and the notice for its 9th Annual General Meeting (AGM). The AGM is scheduled to be held on September 28, 2026, through Video Conferencing or Other Audio-Visual Means.

The annual report confirms the company's financial performance for FY26, highlighting a 35.23% year-on-year rise in consolidated revenue to ₹16,799.58 lakh. Profit after tax expanded 66.65% to ₹1,608.88 lakh, supported by improved operational leverage and a shift toward higher-margin software solutions. EBITDA grew 59.29% to ₹2,539.44 lakh, with margins expanding by 229 basis points to 15.12%.

Financial Performance

The company delivered robust growth across key financial metrics in FY26 compared to FY25. The improvement in profitability was driven by higher revenues, enhanced operational efficiencies, and effective cost management. The balance sheet was materially strengthened following the Initial Public Offering (IPO) completed in December 2025. Total shareholders' funds increased from ₹4,234.78 lakh to ₹8,830.75 lakh, while long-term borrowings reduced significantly from ₹813.51 lakh to ₹66.12 lakh.

What the Numbers Show

The divergence between revenue growth and margin expansion signals improving operational efficiency. While revenue grew by 35.23%, EBITDA expanded by 59.29%, resulting in an EBITDA margin increase of 229 basis points to 15.12%. This outperformance is largely attributable to the changing revenue mix, where software licences constituted 76.37% of total revenue, significantly higher than implementation and consulting services at 18.35%. The shift toward scalable, IP-led offerings is enhancing profitability beyond top-line growth.

Corporate Governance and AGM Details

The Board's Report outlines the company's strategic initiatives, including the expansion of its global footprint with subsidiaries in the United States, Singapore, and Australia. International markets contributed approximately 23.50% of FY26 revenue. The company also highlighted its investment in proprietary technology, with intangible assets under development rising from ₹1,566.25 lakh to ₹2,840.00 lakh during the year.

The notice for the 9th AGM includes ordinary business items such as the adoption of audited financial statements and the re-appointment of Ms. Swati Sinha as Whole-time Director. The voting rights for remote e-voting will be determined based on shareholding as of the cut-off date, Monday, September 21, 2026. The remote e-voting period commences on Friday, September 25, 2026, and ends on Sunday, September 27, 2026.

Business Segments and Revenue Mix

Exato serves over 150 enterprise clients across more than 10 countries. By industry vertical, the BPO/ITES segment contributed the largest share of revenue at 53.78%, followed by IT/ITES at 21.39% and BFSI at 15.46%. The company maintains a client retention rate exceeding 97%.

By solution type, software licences accounted for 76.37% of revenue, followed by implementation and consulting services at 18.35%. Hardware sales contributed 4.95%, while maintenance and repair made up 0.33%.