Seshaasai Technologies Releases Official Q3FY26 Earnings Call Transcript
Seshaasai Technologies Limited has released the official transcript of its Q3FY26 earnings conference call, revealing strong quarterly performance with revenue growth of 10.1% year-over-year and significant contract wins across all business verticals. The company secured multi-year contracts worth approximately ₹699 crores and continues strategic capacity expansion across four locations.
*this image is generated using AI for illustrative purposes only.
Seshaasai Technologies Limited has released the official transcript of its Q3FY26 earnings conference call, providing comprehensive insights into the company's strong quarterly performance and strategic outlook. The technology-driven solutions company, which empowers Payments, Communication, and IoT sectors, conducted the earnings call on January 30, 2026, following its Board meeting held on January 29, 2026.
Strong Financial Performance
The company delivered impressive financial metrics during Q3FY26, with revenue from operations reaching ₹3,737.5 million, marking a growth of 10.1% year-over-year and 6.1% quarter-over-quarter. EBITDA stood at ₹1,007.24 million, representing a substantial growth of 24.9% on a year-over-year basis, with EBITDA margin expanding significantly to 26.95%, up 316 basis points compared to the same period last year.
| Financial Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹3,737.5 million | ₹3,394.2 million | +10.1% |
| EBITDA: | ₹1,007.24 million | ₹806.5 million* | +24.9% |
| EBITDA Margin: | 26.95% | 23.79%* | +316 bps |
| PAT: | ₹640.9 million | ₹537.0 million* | +19.3% |
| PAT Margin: | 17.15% | 15.8%* | +135 bps |
Business Segment Performance and Strategic Wins
During the earnings call, Managing Director Pragnyat Lalwani highlighted significant contract wins across all verticals. Payment Solutions emerged as the primary revenue driver, contributing approximately 53.00% of total revenues. The company secured tender wins for multi-year contracts with four existing PSU Bank customers for payment cards, including a debit card procurement and personalisation contract from one of India's largest public sector banks.
Communication & Fulfilment Solutions accounted for 36.40% of revenues, while IoT Solutions contributed around 10.30% of the revenue mix. In IoT solutions, the company achieved a notable win with India's largest retail giant having more than 19,000 stores, beginning supplies for two fashion sub-brands and being shortlisted for a major RFID rollout.
| Contract Wins Summary: | Details |
|---|---|
| Payment Solutions Contracts: | ₹489 crores potential value |
| Communication & Fulfilment Contracts: | ₹210 crores potential value |
| New IoT Customers: | 6 new wins across various sectors |
| Top 10 Customer Contribution: | 63.50% of total revenues |
Nine-Month Performance and Technology Investments
For the nine-month period ended December 31, 2025, Seshaasai Technologies reported revenue from operations of ₹10,369.6 million. The company achieved an EBITDA of ₹2,695.9 million with an EBITDA margin of 26%, representing an expansion of 140 basis points year-over-year. Profit After Tax for the nine-month period stood at ₹1,585.7 million, with a PAT margin of 15.3%.
The company continues to strengthen its technology moat through six new patent filings in the last nine months and strategic technology partnerships for building advanced product authentication and anti-counterfeiting capabilities. Currently, over 200,000 square feet is under construction across four locations in Bengaluru, Nagpur, Navi Mumbai and Kundli for future business growth.
Official Transcript Release and Regulatory Compliance
On February 5, 2026, the company formally communicated to BSE Limited and National Stock Exchange of India Limited regarding the availability of the Q3FY26 earnings conference call transcript. The transcript has been made available on the company's website and provides detailed insights into management commentary, strategic outlook, and responses to investor queries.
| Corporate Communication Details: | Information |
|---|---|
| BSE Scrip Code: | 544533 |
| NSE Symbol: | STYL |
| Transcript Release Date: | February 5, 2026 |
| Company Secretary: | Manali Siddharth Shah |
| Cash and Cash Equivalents: | ₹3,868.3 million |
The earnings call was moderated by Pratik Jagtap from E&Y LLP Investor Relations team, with key management including Chairman and Managing Director Pragnyat Lalwani, Whole-Time Director Gautam Jain, and Chief Financial Officer Pavan Kumar participating in the discussion. The company emphasized its optimistic outlook for Q4FY26, historically a stronger quarter across verticals, while maintaining focus on disciplined execution and strategic capacity expansion.
20
