Seshaasai Technologies has made the audio recording of its first quarter fiscal year 2027 (Q1FY27) earnings conference call available to investors and stakeholders. The company disclosed the availability of the recording in a letter dated July 25, 2026, addressed to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

The earnings conference call was conducted on July 24, 2026. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Seshaasai Technologies provided a direct link to the audio file on its official website. This follows an earlier communication from the company dated July 20, 2026, regarding the event.

Disclosure Details

The company’s Company Secretary and Compliance Officer, Manali Siddharth Shah, signed the disclosure letter. The document requests that the exchanges take the information on record. The audio recording can be accessed via the link provided on the company’s media news section.

Seshaasai Technologies Limited, formerly known as Seshaasai Business Forms Limited, is registered at 9, Lalwani Industrial Estate, 14, Katrak Road, Wadala, Mumbai. The company’s scrip code on BSE is 544533, and it trades under the symbol STYL.

Seshaasai Technologies reported a 63.8% year-on-year surge in consolidated profit after tax (PAT) to ₹603.4 million for the first quarter of fiscal year 2027 (Q1FY27), driven by strong revenue growth and significant reduction in finance costs. The Mumbai-based technology solutions provider saw its revenue from operations rise by 21.1% to ₹3,764.7 million, while EBITDA expanded by 28.0% to ₹944.1 million, reflecting improved operational efficiency despite headwinds from elevated input costs.

The Board of Directors approved the unaudited standalone and consolidated financial results at a meeting held on July 23, 2026. The disclosure was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory Auditors Vatsaraj & Co. conducted a limited review of the financial results, confirming compliance with Indian Accounting Standard 34 and other generally accepted accounting principles in India.

Financial Performance Highlights

The company’s profitability was significantly bolstered by lower finance costs, which dropped from ₹77.64 million in Q1FY26 to ₹18.44 million in Q1FY27. This reduction followed debt repayment using proceeds from its initial public offering (IPO). Standalone PAT rose to ₹617.5 million, with earnings per share (EPS) standing at ₹3.82 basic and diluted.

Segment Contribution and Customer Diversification

Payment Solutions remained the largest revenue contributor at 42%, followed by Communication & Fulfilment Solutions at 40% and IoT Solutions at 18%. Management highlighted progress in customer diversification, with the top 10 customers contributing 56% of total revenues, down from higher concentrations in previous periods. In the Payment Solutions segment specifically, top 10 customer contribution dropped to 73% from 81.35% in the prior year.

Pragnyat Lalwani, Managing Director, attributed the strong performance to healthy demand across key business verticals and continued execution of strategic priorities. He noted that despite geopolitical tensions leading to higher fuel prices and inflationary pressure on input costs, disciplined cost management helped maintain healthy margins.

IPO Proceeds Utilization

As of June 30, 2026, the company had utilized ₹4,299.20 million of the ₹6,000.00 million raised in its IPO. The unutilized amount of ₹1,700.80 million is primarily allocated for capital expenditure expansion and general corporate purposes. During the quarter, ₹244.00 million was deployed, including ₹67.65 million towards funding capital expenditure for manufacturing unit expansion and ₹137.30 million for general corporate purposes. The company held cash and cash equivalents of approximately ₹3,690 million, providing a strong liquidity position for future growth initiatives.