MethodHub plans nearshore expansion in Mexico and Costa Rica

2 min read     Updated on 10 Jun 2026, 09:28 PM
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AI Summary

MethodHub Software Limited is expanding its global footprint by establishing nearshore operations in Guadalajara, Mexico, and San Jose, Costa Rica, to provide same-time-zone support for US and Canadian clients. The company launched the QuantumHire portal to enhance full-time hiring capabilities for Global Capability Centers. This strategic move aims to leverage regional talent and multilingual expertise to improve service delivery.

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MethodHub Software is planning to set up nearshore operations in Guadalajara, Mexico and San Jose, Costa Rica to offer same time zone services to leading customers and prospects in the US and Canada, besides multilingual support. This strategic move aims to strengthen same-time-zone support for North American enterprises and Global Capability Centers through regional talent, multilingual expertise, and scalable technology services.

“For MethodHub, this isn't simply geographic diversification—it's a deliberate capability investment” said Aho Bilam, CEO and Executive Director, MethodHub. The company has also launched the QuantumHire portal to focus on full time hiring. This is focused on GCCs and would play well with the new Central American push to grow the company's footprint and customer wallet-share.

“India has been central to our offshore strategy, but of late, we have customers asking for same time zone development and L3 support. We have seen this marked need to get high end resources to enable scrum/vibe development processes and provide critical technical support during the eastern afternoon and most of the pacific business hour windows. This necessitated a central American strategy for same time zone support. After looking at various options, we finalized on Mexico and Costa Rica” said Aho Bilam.

Strategic Expansion

The expansion is designed to fundamentally change delivery capabilities and execution promises. The talent base in Mexico and Costa Rica is a key focus area for cultivation, tapping into exceptional engineers with strong technical depth and professionals who understand enterprise-scale complexity.

“From a delivery standpoint, these centers fundamentally change what we can promise and how we execute. The talent base in Mexico and Costa Rica is something we need to cultivate as we tap into. We have a good number of exceptional engineers with strong technical depth, professionals who understand enterprise-scale complexity, and teams that communicate effectively with business stakeholders. This expansion is not a cost play; it's a capability play” said Lok Dodla, Chief Delivery Officer, MethodHub.

Operational Footprint

With 4 location options in India, the company adds 2 Central American locations to align with its customers' GCC and offshore/nearshore strategy. “Finding local talent and scaling the team to support our customers sustainably has always been our highest priority. With 4 location options in India, we now add 2 Central American locations to align with our customers' GCC and offshore/nearshore strategy” said Karthik Leelasankar, COO, Methodhub.

Location City Country
New Nearshore Hub Guadalajara Mexico
New Nearshore Hub San Jose Costa Rica
Existing Hubs Multiple India

MethodHub Software Limited is a global, AI-centric software services company with operations in the US, India, Canada and Thailand. The disclosures regarding these expansion plans were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Methodhub Software

1 Day5 Days1 Month6 Months1 Year5 Years
-0.40%-5.15%+0.86%-46.90%-46.90%-46.90%

How will the operational costs in Mexico and Costa Rica compare to the existing India hubs, and will this impact pricing models for US clients?

What specific hiring targets has MethodHub set for the new nearshore hubs over the next 12 to 18 months?

Will the company consider expanding nearshore operations to other Latin American countries if the initial Mexico and Costa Rica hubs prove successful?

Methodhub FY26 net profit rises 177% to ₹318.44 crore

2 min read     Updated on 27 May 2026, 12:58 AM
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AI Summary

Methodhub Software Limited reported a consolidated net profit of ₹318.44 crore for FY26, a 177% increase from the prior year, while revenue surged 146% to ₹3,328.86 crore. The growth was driven by acquisitions and business expansion across international markets. The board approved the audited financial results and appointed internal auditors, while the auditors issued an unmodified opinion on the results.

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Methodhub Software Limited reported a consolidated net profit of ₹318.44 crore for the financial year ended March 31, 2026, marking a 177% increase from ₹115.01 crore in the prior year. Revenue from operations surged 146% to ₹3,328.86 crore for FY26, compared to ₹1,351.20 crore in FY25, reflecting the impact of recent acquisitions and business growth. The company’s board approved the audited financial results for both standalone and consolidated operations during a meeting held on May 26, 2026.

The standalone financial results for FY26 showed a net profit of ₹90.85 crore, up from ₹65.23 crore in the previous year. Standalone revenue from operations rose to ₹625.69 crore from ₹585.54 crore in FY25. The company’s total consolidated income for the year reached ₹3,345.64 crore, while total expenses stood at ₹2,878.07 crore. The basic earnings per share (EPS) on a consolidated basis increased to ₹21.63 for FY26 from ₹9.93 in the previous year.

Consolidated Financial Performance

The group’s financial performance benefited from the inclusion of four additional subsidiaries acquired during the second half of FY26. Consequently, the consolidated figures for the half year ended September 30, 2025, and the full year ended March 31, 2026, are prepared on different consolidation bases and are not directly comparable. The audited consolidated financial statements include results from subsidiaries in India, the USA, Canada, and Thailand.

Metric (₹ in '000) FY26 (Audited) FY25 (Audited)
Total Income 33,45,638 13,62,759
Total Expenses 28,78,066 12,29,013
Profit Before Tax 4,67,572 1,33,746
Net Profit 3,90,049 1,12,959
Profit After Tax 3,18,443 1,15,012

Corporate Governance and Board Approvals

The board appointed M/s. Anil Nair & Associates, Chartered Accountants, as the internal auditors for the financial year 2026-27. Additionally, the board approved the regularization of the designations of two independent directors. Ms. Lathika Siddharth Pai was regularized from Additional Non-Executive Women Independent Director to Non-Executive Women Independent Director, and Mr. Perinkulam Mani Mohanraj was regularized from Additional Non-Executive Independent Director to Non-Executive Independent Director. These changes are subject to shareholder approval in the ensuing general meeting.

The auditors, N R Krishnamoorthy & Co, issued an unmodified opinion on both the standalone and consolidated financial results. The company listed its equity shares on the SME platform of BSE Limited on December 10, 2025, following an initial public offering. Proceeds from the issue were utilized for loan repayment, working capital augmentation, and strategic investments.

Historical Stock Returns for Methodhub Software

1 Day5 Days1 Month6 Months1 Year5 Years
-0.40%-5.15%+0.86%-46.90%-46.90%-46.90%

How will Methodhub integrate the four new subsidiaries acquired in FY26 to sustain growth beyond the initial consolidation boost?

What is the company's strategy for deploying proceeds from its December 2025 IPO into future strategic investments?

Will the company pursue further acquisitions in FY27 to maintain its current revenue trajectory?

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1 Year Returns:-46.90%