ARISINFRA Q4 FY26 Results

Summary

ARIS reported a strong performance for FY26, with full-year revenue crossing ₹10,000 Mn to reach ₹10,675 Mn, representing a 39% year-on-year growth. Profit after tax surged more than ten-fold to ₹603 Mn, driven by expanding EBITDA margins of 9.43%. The company also achieved a significant milestone by turning net cash positive and generating over ₹1,000 Mn in cash flow from operations. Q4 FY26 marked the strongest quarter in the company's history, with revenue up 55% and EBITDA nearly tripling. Management highlighted the validation of their asset-light, network-led model and expects continued profitability expansion as higher-margin segments like Contract Manufacturing and Developer-as-a-Service continue to grow rapidly and the company targets new categories.

Key Highlights

1. 1

   ARIS crossed ₹10,675 Mn in full-year FY26 revenue, marking a 39% year-on-year increase.

2. 2

   Profit after tax for FY26 surged more than ten-fold to ₹603 Mn, reflecting significant profitability expansion.

3. 3

   The company's EBITDA Margin for FY26 expanded to 9.43%, a notable increase from 6.53% in FY25.

4. 4

   The balance sheet turned net cash positive in FY26, improving from a net debt position in the previous year with Net Debt/Equity moving from 1.25x to (0.09x).

5. 5

   Cash Flow from Operations for FY26 exceeded ₹1,000 Mn, confirming strong operational cash generation.

6. 6

   Q4 FY26 revenue grew by 55% year-on-year to ₹3,434 Mn, while Q4 EBITDA nearly tripled to ₹305 Mn.

7. 7

   High-margin segments showed robust growth, with Contract Manufacturing revenue nearly doubling by 95% to ₹4,989 Mn and Developer-as-a-Service revenue more than doubling by 109% to ₹980 Mn in FY26.