Nine ALPS Trust has reduced its stake in Exato Technologies by selling 2,18,500 equity shares, representing a 2.17% dilution in its total holding.

The disposal was executed through open market transactions between December 17, 2025, and August 20, 2026.

Shareholding Changes

Prior to the sale, Nine ALPS Trust held 6,94,160 shares, constituting 6.90% of the company's total voting capital. Following the disposal, its holding stands at 4,75,660 shares, or 4.73%.

The trust reported no encumbrances, pledges, or liens on the shares before or after the transaction. There were no warrants, convertible securities, or other instruments entitling the acquirer to receive shares carrying voting rights.

Regulatory Disclosure

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nine ALPS Corporate Advisors LLP acted as the investment manager for Nine ALPS Trust- Nine ALPS Opportunity Fund.

Exato Technologies Limited’s total equity share capital remains unchanged at ₹ 10,06,53,710, divided into 1,00,65,371 equity shares of ₹ 10/- each.

Exato Technologies Limited delivered strong financial performance in the first quarter of FY27, with net profit more than doubling year-on-year. The Noida-headquartered digital transformation firm reported a profit after tax (PAT) of ₹564.43 lakh for the quarter ended June 30, 2026, compared to ₹276.05 lakh in Q1FY26. This represents a 104.47% year-on-year increase, driven by robust top-line growth and margin expansion.

Revenue from operations climbed 50.17% to ₹4,368.34 lakh, up from ₹2,908.95 lakh in the corresponding period of the previous fiscal year. The company’s EBITDA grew at a faster pace than revenue, rising 81.44% to ₹814.88 lakh. This divergence between revenue and EBITDA growth highlights significant operating leverage, with the EBITDA margin expanding by 321 basis points to 18.65% from 15.44% in Q1FY26.

Financial Performance Overview

The company’s profitability metrics across all levels showed substantial improvement. Profit before tax (PBT) surged 102.26% to ₹778.31 lakh, aided by a sharp decline in finance costs. Finance costs dropped 53.95% to ₹21.81 lakh from ₹47.36 lakh in Q1FY26. Depreciation and amortization expenses also decreased slightly by 12.92% to ₹14.76 lakh.

Total income for the quarter stood at ₹4,395.70 lakh, including other income of ₹27.36 lakh, which grew 20.58% from ₹22.69 lakh in Q1FY26. Total expenses rose 44.24% to ₹3,580.82 lakh, remaining well below the growth rate of total income.

What the Numbers Show

A key analytical observation from the Q1FY27 results is the disproportionate decline in finance costs relative to the revenue growth. While revenue increased by over 50%, finance costs fell by nearly half (53.95%). This suggests either a reduction in debt burden or favorable interest rate environments, contributing significantly to the bottom-line expansion. The PAT margin widened by 343 basis points to 12.92%, indicating that the cost savings and operational efficiency gains were not just covering higher expenses but actively boosting shareholder value.

Business Segments and Strategy

Exato Technologies continues to focus on AI, Cloud, and Automation-led customer experience solutions. In Q1FY27, domestic markets contributed 72.8% of revenue, while exports accounted for 27.2%. The management has targeted export revenue to reach 60% of total revenue over the next two to three years, up from 23.50% in FY26.

Sector-wise, the BPO/ITES segment remained the largest contributor at 54.91%, followed by BFSI at 18.71% and BPO/KPO at 16.56%. Geographically, within the export basket, England accounted for 68.93% and Singapore for 29.70% of the global reach revenue.

The company recently appointed new leadership roles, including a Chief Revenue Officer and Chief AI Officer, to support its international expansion strategy. Exato Technologies also highlighted its partnership with HPE for enterprise AI infrastructure and its Mitel Platinum Partner status, reinforcing its position in the unified communications and AI infrastructure space.