Paluck Technologies FY26 Results: Net profit rises 56% YoY to ₹14.06 crore
- Net profit rose 56% YoY to ₹14.06 crore in FY26
- Revenue from operations increased 8.05% to ₹111.09 crore
- Other expenses fell 43% YoY, boosting operating margins
- Long-term borrowings reduced significantly to ₹0.35 crore

*this image is generated using AI for illustrative purposes only.
Paluck Technologies reported a 56% year-on-year increase in net profit for the fiscal year ended March 31, 2026, reaching ₹14.06 crore compared to ₹9.01 crore in the previous year. The company’s Board of Directors approved the audited standalone financial results on September 24, 2026, marking its first full-year disclosure following its recent IPO listing.
Revenue from operations grew by 8.05% YoY to ₹111.09 crore, up from ₹102.81 crore in FY25. This top-line expansion was accompanied by significant margin improvement, with profit before tax rising from ₹12.26 crore to ₹19.33 crore. The enhanced profitability was supported by a reduction in other expenses and depreciation costs, which offset a rise in finance costs.
Financial Performance Overview
The company demonstrated robust operational efficiency, translating modest revenue growth into substantial bottom-line gains. Key financial metrics for FY26 compared to FY25 are outlined below:
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from operations | ₹111.09 crore | ₹102.81 crore | +8.05% |
| Total Income | ₹111.24 crore | ₹102.90 crore | +8.11% |
| Total Expenses | ₹91.80 crore | ₹90.63 crore | +1.29% |
| Profit Before Tax | ₹19.33 crore | ₹12.26 crore | +57.67% |
| Net Profit | ₹14.06 crore | ₹9.01 crore | +56.05% |
| EPS (Basic) | ₹10.08 | ₹29.07 | -65.3% |
Note: EPS declined significantly due to the increase in share capital following the IPO, despite the rise in absolute net profit.
What the Numbers Show
A closer analysis reveals that while revenue grew by 8%, total expenses increased by only 1.29%, leading to a sharp expansion in operating margins. Specifically, other expenses dropped by 43% YoY to ₹6.07 crore from ₹10.68 crore, and depreciation fell by 28.7% to ₹3.11 crore. These reductions were pivotal in driving the profit surge. However, the company’s cash flow from operations declined to ₹4.69 crore from ₹14.22 crore in FY25, primarily due to a significant increase in trade receivables and a decrease in trade payables, indicating tighter working capital management during the period.
Balance Sheet and Liquidity Position
The company’s equity base strengthened considerably post-IPO, with share capital rising to ₹13.95 crore from ₹3.10 crore. Reserves and surplus also grew to ₹32.08 crore. On the liability side, long-term borrowings were reduced substantially to ₹0.35 crore from ₹10.21 crore, reflecting deleveraging efforts. However, short-term borrowings increased to ₹12.32 crore from ₹7.28 crore, suggesting a shift towards shorter-term debt instruments.
Cash and cash equivalents stood at ₹1.03 crore as of March 31, 2026, slightly lower than the ₹1.13 crore recorded at the end of FY25. The company also disclosed a contingent liability of ₹5.23 crore related to a criminal complaint filed by Tata Capital Limited regarding a dishonored cheque.
Historical Stock Returns for Paluck Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.97% | -2.80% | -6.85% | -6.85% | -6.85% | -6.85% |
How will Paluck Technologies address the significant decline in operating cash flow caused by rising trade receivables in the upcoming quarters?
What is the strategic rationale behind shifting from long-term to short-term borrowings, and how does this impact the company's liquidity risk profile?
Are the reductions in other expenses and depreciation sustainable, or were they one-time adjustments that may reverse in FY27?




























