Network People Services Technologies Limited has outlined a strategic roadmap to achieve a 70% compound annual growth rate (CAGR) over the next three years, targeting a revenue range of INR 850 crore to INR 900 crore by FY29. This guidance follows a financial year where the company reported revenue of INR 209 crore, EBITDA of INR 65 crore, and a net profit of INR 41 crore for FY26. The management emphasized a shift towards high-margin SaaS-based models, international expansion, and AI-driven products to drive this growth, moving away from low-margin domestic dependencies.

The company’s Q4FY26 performance showed significant year-on-year growth, with revenue rising 2.4x to INR 68.46 crore, EBITDA reaching INR 19.26 crore, and net profit doubling to INR 12.24 crore. Over the past four years, the consolidated revenue has grown at an 81% CAGR, while EBITDA and profit have expanded by 103% and 128%, respectively. Despite the strong topline growth, the company noted a negative operating cash flow in FY26, attributed to a shift in business mix towards the Transaction Service Provider (TSP) vertical, which typically involves longer credit periods.

Strategic Shift and Future Outlook

Management identified four core strategic areas for sustainable growth: regulatory de-risking, revenue model evolution, business metric improvisation, and AI integration. The company is consciously reducing volumes from concentrated, low-monetization payment flows to focus on international markets and RegTech. AI-led products are expected to begin contributing revenue from FY27, with a target to improve revenue per employee by 300% over the next three years.

The international business is classified as high-margin, with potential returns exceeding domestic rates by 50% to 60%. The company has already secured a large RegTech order from a central payment body internationally and added nine accounts in its "Bank-in-a-Box" vertical. For FY27, the company targets approximately 70% revenue growth, with nearly 40% of the projected international business already secured.

Financial Metrics and Guidance

The following table summarizes the key financial metrics for FY26 and the management's outlook:

The company stated that the EBITDA margin, which faced pressure in FY26 due to the transition from high-margin PPaaS to lower-margin TSP, is expected to improve as the contribution from international and SaaS verticals increases. Management expressed high confidence in achieving the guidance, citing a strong sales funnel and ongoing execution of large-scale projects.

Network People Services Technologies Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Vijay Kumar Singh as an Independent Director. The resolution proposes a five-year term commencing from May 28, 2026, to May 27, 2031, subject to the approval of members through a special resolution. This appointment is intended to strengthen the governance function of the Company, leveraging Singh's extensive experience in corporate governance and risk management.

Mr. Vijay Kumar Singh was appointed as an Additional Director (Independent) by the Board of Directors effective May 28, 2026. He has submitted the necessary declarations confirming his independence under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations, 2015. A Fellow Chartered Accountant with over 25 years of experience, Singh brings expertise in finance, internal audit, corporate governance, and regulatory compliance.

The remote e-voting period commences on Saturday, May 30, 2026, at 9:00 A.M (IST) and concludes on Sunday, June 28, 2026, at 5:00 P.M (IST). The Company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process. M/s Kala Agarwal, Practicing Company Secretaries, has been appointed as the Scrutinizer to ensure the conduct of the postal ballot in a fair and transparent manner.

Shareholders whose email addresses are registered with the Company or Depository Participants as on Friday, May 22, 2026, the cut-off date, are eligible to vote. The results of the postal ballot along with the Scrutinizer's Report will be announced within two working days from the end of the remote e-voting period. The resolution, if passed by the requisite majority, will be deemed effective on the last date of e-voting, June 28, 2026.

Key Details of the Appointment

The Board recommends the special resolution for approval.