Suyog Telematics Q1 Results: EBITDA Margin Contracts to 59.91%; Net Profit Declines

3 min read     Updated on 12 Aug 2026, 12:01 AM
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Suyog Telematics reported a decline in Q1 consolidated net profit to ₹1,449.69 crore from ₹1,732.13 crore YoY, even as total revenue grew to ₹7,315.88 crore. EBITDA remained nearly flat at 391M rupees versus 392M rupees, but the EBITDA margin compressed sharply to 59.91% from 76.02% year-on-year. The Board also approved governance measures including a director re-appointment and the scheduling of the 31st AGM.

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Suyog Telematics Limited reported a consolidated net profit of ₹1,449.69 crore for the quarter ended June 30, 2026, down from ₹1,732.13 crore in the corresponding period of the previous year. Total revenue rose to ₹7,315.88 crore from ₹6,867.25 crore, driven by higher revenue from operations which stood at ₹7,095.25 crore versus ₹6,684.53 crore year-on-year. The company also declared a final dividend for the financial year ended March 31, 2026, setting September 11, 2026, as the record date to determine shareholder eligibility.

The Board of Directors approved the unaudited standalone and consolidated financial results during its meeting held on August 11, 2026. The statutory auditors issued a limited review report on the figures. In addition to the financial outcomes, the Board re-appointed M/s. Avnesh Jain & Associates as Cost Auditors for the financial year 2026-27, subject to shareholder ratification of their remuneration. The company also scheduled its 31st Annual General Meeting for September 22, 2026, to be conducted via Video Conferencing or Other Audio Visual Means.

Financial Performance

The consolidated results show a decline in profitability despite top-line growth. Profit before tax decreased to ₹1,950.62 crore from ₹2,173.50 crore in Q1FY26. Tax expense was recorded at ₹500.94 crore. Standalone net profit for the quarter was reported at 139M rupees, compared to 170M rupees in the prior year quarter. Standalone revenue came in at 653M rupees against 639M rupees previously. On a consolidated basis, standalone net profit stood at ₹1,393.15 crore versus ₹1,701.27 crore year-on-year, while standalone revenue from operations was ₹6,526.91 crore against ₹6,388.74 crore.

Metric Q1FY27 (Consolidated) Q1FY26 (Consolidated) Q1FY27 (Standalone)
Revenue from Operations ₹7,095.25 crore ₹6,684.53 crore ₹6,526.91 crore
Total Revenue ₹7,315.88 crore ₹6,867.25 crore ₹6,742.30 crore
Profit Before Tax ₹1,950.62 crore ₹2,173.50 crore ₹1,875.07 crore
Net Profit ₹1,449.69 crore ₹1,732.13 crore ₹1,393.15 crore
Basic EPS (₹) 12.37 15.49 11.89

EBITDA and Margin Performance

Latest data highlights a near-flat EBITDA performance alongside a notable compression in margins. The following table summarises the key EBITDA metrics for the quarter:

Metric Q1FY27 Q1FY26 (YoY)
EBITDA 391M rupees 392M rupees
EBITDA Margin 59.91% 76.02%
Standalone Net Profit 139M rupees 170M rupees
Standalone Revenue 653M rupees 639M rupees

While EBITDA remained broadly stable at 391M rupees versus 392M rupees year-on-year, the EBITDA margin contracted sharply to 59.91% from 76.02%, reflecting increased cost pressures relative to revenue. Finance costs rose to ₹748.82 crore from ₹608.79 crore in the prior year quarter, further weighing on overall profitability.

Management Changes and Governance

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Ms. Subhashita Lature as Whole-time Director for a term of five years, effective January 10, 2027, until January 09, 2032. This appointment is subject to member approval. Ms. Lature, who holds an MBA in International Business from London and a Bachelor of Engineering from Mumbai University, is the daughter of Managing Director Shivshankar G Lature. She currently drives international business strategies and oversees engineering and new projects.

Accounting Policy Change

Effective April 1, 2026, the company voluntarily changed its accounting policy regarding electricity and diesel reimbursement charges. Previously netted off against expenses, these reimbursements are now recognized on a gross basis as part of 'Revenue from Operations,' with corresponding costs recorded under 'Cost of Material Consumed.' Comparative figures have been retrospectively restated to reflect this change. Management clarified that this reclassification has no impact on Profit Before Tax, Net Profit, Net Worth, or Earnings Per Share.

Historical Stock Returns for Suyog Telematics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%-1.20%-1.92%+39.38%+5.06%-42.06%

What specific operational factors or cost drivers contributed to the sharp contraction in EBITDA margins from 76.02% to 59.91% despite top-line growth?

How will the significant year-on-year increase in finance costs to ₹748.82 crore impact the company's future leverage ratios and debt servicing capacity?

What strategic initiatives is management planning to implement to reverse the declining net profit trend and restore profitability to FY26 levels?

Suyog Telematics Q1 Results: Earnings call scheduled for Aug 12

1 min read     Updated on 08 Aug 2026, 05:09 PM
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Suyog Telematics Limited has scheduled its Q1FY27 post-earnings conference call for August 12, 2026. The call, compliant with SEBI Listing Regulations, will feature key management members including MD Shivshankar Lature and CFO Ajay Sharma. Investors can register via Zoom to participate in the discussion on quarterly performance.

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Suyog Telematics Limited will host its post-earnings conference call for the first quarter of FY27 on Wednesday, August 12, 2026, at 3:30 PM IST. The company disclosed this schedule in a filing with the BSE Limited and the National Stock Exchange of India Limited on August 08, 2026, pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call aims to provide investors and analysts with insights into the company’s financial results and strategic direction for the quarter. Management representatives will address queries regarding revenue performance, profitability metrics, and future growth initiatives during the session.

Conference Call Details

The event will be conducted over Zoom, requiring prior registration. Participants must register using the provided link to receive joining details, including the meeting ID and passcode. The call is expected to be recorded in compliance with SEBI regulations.

Detail Information
Date August 12, 2026
Time 3:30 PM IST
Platform Zoom
Meeting ID 881 1931 7779
Passcode 588260

Management Representation

The following executives from Suyog Telematics Limited are scheduled to participate in the conference call:

  • Shivshankar Lature, Managing Director
  • Subhashita Lature, Whole Time Director
  • Ajay Sharma, Chief Financial Officer
  • Tushar Shah, Business Head (India)
  • Suyash Lature, Business Development Manager

KAPTIFY Consulting serves as the call coordinator for the event. The company has also hosted the intimation notice on its official website at www.suyogtelematics.co.in for public access.

Historical Stock Returns for Suyog Telematics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%-1.20%-1.92%+39.38%+5.06%-42.06%

How will Suyog Telematics' Q1 FY27 profitability metrics influence its valuation multiples relative to other players in the Indian telematics sector?

What specific growth initiatives for the Indian market will Business Head Tushar Shah highlight, and how do they align with the company's global expansion strategy?

Will management provide updated full-year revenue guidance or clarify the trajectory of recurring revenue streams following this quarter's performance?

More News on Suyog Telematics

1 Year Returns:+5.06%