StockWatch
·

Sasken Technologies Ltd

BSE: 532663

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
169.40
+10.9%+31.0%
Expenditure
132.96
+4.0%+12.1%
Net Profit
28.86
+46.2%+214.6%
OPM %
16.87%
+2.96pp+14.34pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0047.4394.87142.30189.73Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

24% growth masks sequential margin collapse and execution risks

Chip-to-Cognition · AI-native design · Product Solutions

Result verdictFollow-upQ1 FY2717 Aug 20266 minTechnology / IT

24% growth masks sequential margin collapse in Product Solutions

Chip-to-Cognition · AI-native engagements · margin compression

TranscriptDeep diveQ1 FY2717 Aug 20266 minTechnology / IT

Sasken Q1 FY27: consolidated PAT jumps 135% YoY to ₹23.5 Cr on margin expansion; revenue up 24%

it services · margin expansion · product engineering

ResultsQ1 FY2731 Jul 20263 minTechnology / IT
Latest
Quarterly Result31 Jul, 6:30 pm

Sasken Q1FY27: consolidated PAT up 135% YoY, EBITDA margin expands 411bps to 9.5%

Sasken's consolidated Q1 FY27 revenue came in at ₹339.24 Cr, up 24.0% YoY and a modest 1.6% QoQ, with consolidated PAT of ₹23.52 Cr rising 135.1% YoY even as it fell 18.9% sequentially from a strong Q4 FY26 base (₹29.00 Cr). Standalone tells a stronger story on both counts — revenue +31.4% YoY to ₹155.48 Cr and PAT +214.6% YoY to ₹28.86 Cr, actually exceeding the consolidated PAT figure — because the standalone entity excludes Borqs' lower-margin device business; readers comparing the two should treat consolidated as primary since it captures the full group, including the thinner-margin Product Solutions line. There is no analyst consensus or brokerage preview available for this print (a web search for Q1 FY27 estimates returned only results-calendar and scheduling articles, no numeric previews), so vs-street cannot be assessed; management itself gives no formal quarterly guidance, though it had flagged Product Solutions as facing memory supply and pricing headwinds, which the quarter's numbers (Product Solutions revenue -3.9% QoQ, gross margin down to 5.9% from 12.8% in Q4) confirm as a real drag even as the segment still grew 23.6% YoY. The full YoY margin story is positive: consolidated EBITDA margin expanded 411 bps YoY to 9.5% (₹32.12 Cr EBITDA) on the back of Software Services gross margin rising to 30.6% from 23.4% a year ago, driven by better utilisation (85.1% vs 79.2% YoY) and cost discipline; but the QoQ dip in EBITDA margin (9.9% to 9.5%) and PAT reflects both the Product Solutions moderation and other income falling 36.9% QoQ (₹9.67 Cr vs ₹15.33 Cr) as one-off gains from Q4 did not repeat, plus a step-up in headcount (212 net adds) ahead of the July increment cycle. Management's own framing — CFO Priyaranjan citing 'operating leverage now coming through as we scale' and CEO Rajiv Mody pointing to 'Chip-to-Cognition' differentiation — is consistent with the Software Services-led margin expansion, though the muted QoQ trend tempers the more triumphant tone of the press release. Order intake was healthy at $47.1M (versus $35.4M in Q4 FY26), with $33.7M from new business and five new logos, spanning hyperscaler engineering, Massive MIMO/Open RAN, automotive telematics and AI-native testing engagements — this order book, along with new capacity from the Hyderabad centre and the Hubballi Sasken Silicon Incubation Centre (both inaugurated this quarter), is what the company is counting on to sustain the growth trajectory into the rest of FY27.

31 Jul 2026, 06:30 pm

Corporate Events

Board MeetingSASKEN
2026
31Jul

Board Meeting

The 38th Annual General Meeting (AGM) of the Company will be…

BSE Filing
DividendSASKEN
2026
24Jul

₹13 / share

BSE Filing
Board MeetingSASKEN
2026
30Jun

Board Meeting

The Board of Directors met to take on record the standalone …

BSE Filing
Board MeetingSASKEN
2026
24Mar

Board Meeting

To consider business related matters.

BSE Filing
DividendSASKEN
2025
18Jul

₹130 / share

BSE Filing
Board MeetingSASKEN
2024
9Nov

Board Meeting

considering proposal for strategic investment and other busi…

BSE Filing
Board MeetingSASKEN
2024
25Oct

Board Meeting

Audited Financial Results, proposal for declaration of an In…

BSE Filing
Board MeetingSASKEN
2024
31Jul

Board Meeting

Consider and approve

BSE Filing
DividendSASKEN
2024
27Jul

₹13 / share

BSE Filing
Board MeetingSASKEN
2024
23Jan

Board Meeting

consider and approve financial results for the quarter ended…

BSE Filing
DividendSASKEN
2023
31Oct

₹12 / share

BSE Filing
DividendSASKEN
2023
31Oct

₹12 / share

BSE Filing
Board MeetingSASKEN
2023
20Oct

Board Meeting

Consideration and approval of audited financial results for …

BSE Filing
Board MeetingSASKEN
2023
18Sep

Board Meeting

To consider and approve business matters

BSE Filing