Xelpmoc Design and Tech Reports Q2 FY26 Results, Focuses on AI-Powered Products

Xelpmoc Design & Tech Limited, a technology solutions provider, has reported its financial results for the second quarter of fiscal year 2026, showcasing a transition in its business focus and ongoing product development efforts.

Financial Performance

The company recorded consolidated operating revenue of INR 7.60 million in Q2 FY26, down from INR 16.30 million in Q2 FY25. This decrease is attributed to the company's strategic shift from the start-up segment to corporate clients. The operating EBITDA loss stood at INR 16.10 million for the quarter.

Financial Metric	Q2 FY26	Q2 FY25
Operating Revenue	7.60	16.30
Operating EBITDA	(16.10)	(10.20)

Product Development Focus

Xelpmoc is actively developing two key AI-powered products:

RELY: An eldercare solution targeting the AgeTech industry.
DocuXray: A framework for document processing, currently being applied in the legal tech and fintech spaces.

The company expects these products to start monetizing by Q3-Q4 FY26, with pilot projects for RELY scheduled to begin in the current quarter or early December.

Market Outlook and Strategy

Srinivas Koora, Whole-Time Director and CFO, stated, "We are concentrating on products. And when you concentrate on product, it initially takes time. So the target is next couple of quarters, we should turn to profitability or breakeven. That's what we are working towards."

The company is seeing interest from corporate clients for its services and solutions, although conversion is taking longer than expected. Xelpmoc is currently engaged with about 2 customers for DocuXray and 4 customers for data science projects.

Future Prospects

Sandipan Chattopadhyay, Managing Director and CEO, expressed optimism about the company's future, citing increased market understanding of the value that companies like Xelpmoc bring in implementing AI solutions. He noted, "People have realized that, yes, it sounds very good, a good demo and the prototype is easy. But when it goes into actual work, it starts giving more wrong answers than right answers. So we need the right people to do it."

The company is also exploring opportunities in the insurance and tech sectors, although these are taking more time to materialize.

Xelpmoc aims to achieve EBITDA profitability within the next couple of quarters, banking on the success of its new products and the growing recognition of its expertise in the AI and data science domain.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.02%	+13.98%	+8.80%	+48.56%	+14.27%	-38.02%

Xelpmoc Design & Tech , an AI and data science consulting company, has announced its financial results for the second quarter of fiscal year 2026, revealing a decline in revenue but a strategic focus on profitability through proprietary products and innovative projects.

Key Financial Highlights

Consolidated operating revenue stood at Rs 7.6 million for Q2FY26, down from Rs 16.3 million in Q2FY25.
Adjusted operating EBITDA loss widened to Rs 16.1 million in Q2FY26.
The company's investment portfolio fair value reached Rs 703.4 million as of September 30, 2025.

Revenue and Profitability

Xelpmoc experienced a significant year-on-year decline in its consolidated operating revenue for Q2FY26. The company reported:

Metric (in Rs. million)	Q2FY26	Q2FY25	YoY Change
Operating Revenue	7.60	16.30	-53.37%
Adjusted Operating EBITDA	-16.10	-10.20	-57.84%

The decrease in revenue and the wider EBITDA loss reflect the company's current focus on developing proprietary products and services, which may impact short-term financial performance but aim to drive long-term profitability.

Strategic Initiatives

Sandipan Chattopadhyay, MD & CEO of Xelpmoc Design & Tech Limited, commented on the company's strategy: "Our focus is on maximizing profitability through the development and enhancement of our proprietary products and services, while also optimizing our expenses. In alignment with this strategy, we have successfully conducted pilot projects in Agetech and expect monetisation by Q3FY26 end."

The company is leveraging its expertise in Artificial Intelligence, Data Science, and Machine Learning to address current market challenges and create long-term value.

Investment Portfolio

Xelpmoc's investment portfolio showed strength, with its fair value standing at Rs 703.4 million as of September 30, 2025. This diverse portfolio may provide additional value and potential future revenue streams for the company.

Outlook

While the current financial results show a decline in revenue, Xelpmoc's strategic focus on proprietary products and Agetech pilot projects indicates a forward-looking approach. The company expects these initiatives to contribute to monetization by the end of Q3FY26, potentially improving its financial performance in the coming quarters.

Xelpmoc continues to position itself in the high-growth areas of AI and data science, banking on its expertise to navigate the evolving tech landscape and create sustainable value for its stakeholders.

Investors and stakeholders will be watching closely to see how Xelpmoc's strategic initiatives translate into financial performance in the upcoming quarters, particularly as the company aims to balance innovation with profitability.