Network People Services Tech reported consolidated revenue of ₹61.4 crore in Q1FY27, a 75% year-on-year increase, while net profit rose to ₹11.4 crore. During the earnings conference call held on August 12, 2026, management reaffirmed its full-year revenue growth guidance of 60-70% and an EBITDA margin target of approximately 30% for FY27.

Q1 Financial Performance

The company’s financial results for the quarter ended June 30, 2026, reflect a strategic pivot towards high-margin technology solutions and international markets. Consolidated revenue reached ₹61.4 crore, compared to ₹35.1 crore in Q1FY26 (derived from the 75% growth statement). Net profit stood at ₹11.4 crore, an increase of ₹53 crore over the prior year period as stated by Chairman and Managing Director Deepak Chand Thakur.

Note: The source states net profit went up by ₹53 crore to ₹11.4 crore. This implies a previous year figure of -₹41.6 crore, though the existing article cited ₹72M profit. The new transcript data is prioritized per merge rules.

Strategic Shift and Guidance

Management addressed the quarter-on-quarter revenue decline, explaining that the business model has shifted from Payment Platform as a Service (PPaaS), which contributed 90% of revenue previously, to a diversified mix including RegTech, AI-based risk intelligence, and international SaaS solutions. The PPaaS segment now projects only a 5% contribution due to regulatory risks associated with Merchant Discount Rate (MDR) uncertainties on UPI transactions.

Chairman Deepak Chand Thakur emphasized that investors should evaluate performance on a year-on-year basis rather than sequentially, given the milestone-based nature of new technology contracts. The company maintained its FY27 revenue guidance of 60-70% growth, projecting total revenue in the range of ₹320 crore to ₹340 crore. The EBITDA margin guidance of 30% remains unchanged, supported by higher-margin international deals and RegTech products.

International Expansion and RegTech

International business currently contributes 10-12% of revenue but is targeted to grow to 30% within two years and potentially 50% by FY29. Management highlighted that international margins range between 30-40%, significantly higher than the 15-20% domestic margins. Two additional international deals are in the pipeline, with implementation cycles ranging from four to nine months.

In the domestic market, NPST secured an order from a large Public Sector Undertaking (PSU) for its AI-based risk intelligence product in the RegTech vertical. The company plans to launch a SaaS-based subscription model for mid-to-small-sized banks to address a larger addressable universe. Management noted that the RegTech product has processed approximately 650 million transactions with 98% accuracy, positioning it as a first-mover advantage with no direct competition.

MDR Impact and Future Outlook

The introduction of MDR on UPI transactions is viewed positively by management. While specific revenue projections await regulatory clarity from NPCI and banks, Thakur indicated that MDR would revive the PPaaS segment and provide direct revenue sharing opportunities through acquiring platforms. The company expects indirect benefits through increased investment by banks in payment infrastructure upgrades.

Looking ahead, management targets a CAGR of 60-70% for the next two to three years, potentially reaching a top line of ₹850-900 crore by FY29. EBITDA margins are expected to expand to 35% or more in the same period, driven by the scaling of international operations and RegTech offerings. The company also plans to deploy IPO proceeds into three strategic areas: RegTech, AI solutions, and payment infrastructure, with initial deployments expected in the next two quarters.

Network People Services Technologies Limited has uploaded the audio recording of its quarterly conference call with analysts and investors to its corporate website. The session, which covered the company’s performance for the first quarter of the fiscal year ending March 2027, took place on Wednesday, August 12, 2026. This disclosure ensures that investors who could not attend the live event have access to management’s commentary on recent financial results and operational updates.

The release of the recording is a compliance measure under Regulation 30 and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations mandate listed entities to provide equal access to material information for all stakeholders, thereby promoting transparency in market communications.

Conference Call Details

The company has provided a direct link to the audio file on its website, www.npstx.com . The recording captures the entire duration of the interactive session, including questions from market analysts and responses from the executive team.

Compliance and Governance

Chetna Chawla, the Company Secretary and Compliance Officer of Network People Services Technologies Limited, signed off on the disclosure. The notice was issued from Thane on August 12, 2026, and addressed to both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited.

The inclusion of specific regulatory citations underscores the formal nature of the disclosure. By adhering to SEBI’s listing obligations, the company reinforces its commitment to governance standards. Investors are advised to review the recording for detailed insights into the company’s strategic direction and financial health for the quarter.