Birlasoft Ltd.
BSOFTInformation Technology filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
13 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 13 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20230515 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230803 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231103 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240201 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240507 | 2024-03-31 | yes | |
| TRANSCRIPT | 20241030 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250218 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250605 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250814 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251113 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260204 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260513 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260804 | 2026-06-30 | yes |
BSOFT
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 277.70 |
| 52-week range | 272.2 – 465.5 |
| Return 1M | -4.57% |
| Return 3M | -7.65% |
| Return 1Y | -24.79% |
| Return 3Y | -43.14% |
| Return 5Y | -37.57% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,379.00 |
| Other income | 29.00 |
| Total income | 1,408.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 1.00 |
| Changes in inventories | 1.00 |
| Employee benefit expense | 838.00 |
| Finance costs | 4.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.40 | -0.00 |
| institutions foreign | 0.13 | -0.01 |
| institutions domestic | 0.22 | -0.01 |
| mutual funds | 0.21 | -0.01 |
| public | 0.60 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 13 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,192.00 | 1,222.00 | 1,226.00 | 1,263.00 | 1,310.00 | 1,343.00 | 1,363.00 | 1,327.00 | 1,368.00 | 1,363.00 | 1,317.00 | 1,285.00 | 1,329.00 | 1,348.00 | 1,349.00 | 1,379.00 |
| Other income | -3.00 | 12.00 | -2.00 | 14.00 | 16.00 | 28.00 | 46.00 | 35.00 | 33.00 | 21.00 | 20.00 | 33.00 | 22.00 | 13.00 | -4.00 | 29.00 |
| Total income | 1,189.00 | 1,234.00 | 1,224.00 | 1,277.00 | 1,325.00 | 1,371.00 | 1,408.00 | 1,362.00 | 1,402.00 | 1,383.00 | 1,337.00 | 1,318.00 | 1,351.00 | 1,361.00 | 1,345.00 | 1,408.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 57.00 | 29.00 | 23.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20.00 | 17.00 | 5.00 | 1.00 | 3.00 | 1.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.00 | 4.00 | 2.00 | 0.00 | -0.00 | 1.00 |
| Employee benefit expense | 694.00 | 732.00 | 729.00 | 743.00 | 744.00 | 793.00 | 768.00 | 760.00 | 830.00 | 833.00 | 778.00 | 779.00 | 796.00 | 809.00 | 786.00 | 838.00 |
| Finance costs | 6.00 | 6.00 | 4.00 | 4.00 | 6.00 | 6.00 | 4.00 | 4.00 | 7.00 | 7.00 | 6.00 | 5.00 | 5.00 | 6.00 | 4.00 | 4.00 |
| Depreciation and amortisation | 21.00 | 21.00 | 21.00 | 21.00 | 22.00 | 21.00 | 21.00 | 21.00 | 22.00 | 21.00 | 22.00 | 21.00 | 20.00 | 20.00 | 19.00 | 19.00 |
| Other expenses | 322.00 | 483.00 | 330.00 | 327.00 | 359.00 | 335.00 | 373.00 | 315.00 | 344.00 | 344.00 | 335.00 | 327.00 | 313.00 | 292.00 | 310.00 | 317.00 |
| Total expenses | 1,042.00 | 1,241.00 | 1,084.00 | 1,095.00 | 1,130.00 | 1,156.00 | 1,166.00 | 1,157.00 | 1,232.00 | 1,227.00 | 1,170.00 | 1,152.00 | 1,141.00 | 1,128.00 | 1,123.00 | 1,180.00 |
| Profit before exceptional items and tax | 147.00 | -7.00 | 140.00 | 182.00 | 196.00 | 215.00 | 242.00 | 205.00 | 170.00 | 156.00 | 166.00 | 166.00 | 210.00 | 232.00 | 222.00 | 228.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -41.00 | 0.00 | 0.00 |
| Profit before tax | 147.00 | -7.00 | 140.00 | 182.00 | 196.00 | 215.00 | 242.00 | 205.00 | 170.00 | 156.00 | 166.00 | 166.00 | 210.00 | 192.00 | 222.00 | 228.00 |
| Current tax | 34.00 | 29.00 | 26.00 | 46.00 | 48.00 | 64.00 | 42.00 | 59.00 | 42.00 | 37.00 | 34.00 | 62.00 | 99.00 | 81.00 | 38.00 | 57.00 |
| Deferred tax | -2.00 | -20.00 | 1.00 | -2.00 | 2.00 | -9.00 | 20.00 | -5.00 | 0.00 | 2.00 | 10.00 | -2.00 | -5.00 | -9.00 | 8.00 | 10.00 |
| Tax expense | 32.00 | 10.00 | 28.00 | 44.00 | 50.00 | 54.00 | 62.00 | 55.00 | 42.00 | 39.00 | 44.00 | 60.00 | 94.00 | 72.00 | 46.00 | 67.00 |
| Profit for the period | 115.00 | -16.00 | 112.00 | 138.00 | 145.00 | 161.00 | 180.00 | 150.00 | 128.00 | 117.00 | 122.00 | 106.00 | 116.00 | 120.00 | 176.00 | 161.00 |
| Profit attributable to owners | 115.00 | -16.00 | 112.00 | 138.00 | 145.00 | 161.00 | 180.00 | 150.00 | 128.00 | 117.00 | 122.00 | 106.00 | 116.00 | 120.00 | 176.00 | 161.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 29.00 | 23.00 | 9.00 | 8.00 | 9.00 | 14.00 | -6.00 | -4.00 | 11.00 | 15.00 | 13.00 | 30.00 | 67.00 | 39.00 | 139.00 | -3.00 |
| Total comprehensive income | 144.00 | 6.00 | 122.00 | 146.00 | 154.00 | 175.00 | 174.00 | 146.00 | 138.00 | 132.00 | 135.00 | 137.00 | 184.00 | 159.00 | 315.00 | 158.00 |
| Earnings per share, basic | 4.12 | -0.59 | 4.07 | 4.97 | 5.24 | 5.82 | 6.48 | 5.41 | 4.59 | 4.20 | 4.38 | 3.81 | 4.16 | 4.28 | 6.27 | 5.72 |
| Earnings per share, diluted | 4.08 | -0.59 | 4.02 | 4.92 | 5.18 | 5.73 | 6.39 | 5.33 | 4.52 | 4.15 | 4.34 | 3.78 | 4.13 | 4.26 | 6.24 | 5.70 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,551.00 | 3,291.00 | 3,556.00 | 4,130.00 | 4,795.00 | 5,278.00 | 5,375.00 | 5,310.00 |
| Other income | 26.00 | 43.00 | 19.00 | 66.00 | 23.00 | 104.00 | 109.00 | 65.00 |
| Total income | 2,577.00 | 3,334.00 | 3,575.00 | 4,197.00 | 4,818.00 | 5,382.00 | 5,484.00 | 5,375.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 149.00 | 25.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -10.00 | 6.00 |
| Employee benefit expense | 1,535.00 | 1,998.00 | 2,116.00 | 2,369.00 | 2,813.00 | 3,048.00 | 3,201.00 | 3,171.00 |
| Finance costs | 11.00 | 16.00 | 13.00 | 13.00 | 19.00 | 20.00 | 23.00 | 20.00 |
| Depreciation and amortisation | 50.00 | 83.00 | 80.00 | 77.00 | 82.00 | 85.00 | 86.00 | 80.00 |
| Other expenses | 709.00 | 902.00 | 911.00 | 1,121.00 | 1,461.00 | 1,394.00 | 1,338.00 | 1,242.00 |
| Total expenses | 2,305.00 | 2,998.00 | 3,120.00 | 3,580.00 | 4,375.00 | 4,547.00 | 4,787.00 | 4,544.00 |
| Profit before exceptional items and tax | 272.00 | 336.00 | 455.00 | 617.00 | 442.00 | 835.00 | 697.00 | 831.00 |
| Exceptional items | 18.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | -41.00 |
| Profit before tax | 289.00 | 336.00 | 455.00 | 617.00 | 442.00 | 835.00 | 697.00 | 790.00 |
| Current tax | 75.00 | 111.00 | 117.00 | 152.00 | 128.00 | 199.00 | 173.00 | 279.00 |
| Deferred tax | -21.00 | 1.00 | 17.00 | 1.00 | -17.00 | 12.00 | 7.00 | -7.00 |
| Tax expense | 54.00 | 112.00 | 134.00 | 153.00 | 111.00 | 211.00 | 180.00 | 272.00 |
| Profit for the period | 292.00 | 224.00 | 321.00 | 464.00 | 332.00 | 624.00 | 517.00 | 518.00 |
| Profit attributable to owners | 289.00 | 224.00 | 321.00 | 464.00 | 332.00 | 624.00 | 517.00 | 518.00 |
| Profit attributable to non-controlling interests | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 15.00 | 44.00 | 11.00 | 29.00 | 91.00 | 24.00 | 35.00 | 275.00 |
| Total comprehensive income | 307.00 | 268.00 | 332.00 | 493.00 | 423.00 | 648.00 | 552.00 | 793.00 |
| Earnings per share, basic | 13.53 | 8.11 | 11.53 | 16.63 | 11.96 | 22.54 | 18.64 | 18.54 |
| Earnings per share, diluted | 13.38 | 8.06 | 11.29 | 16.43 | 11.92 | 22.25 | 18.48 | 18.50 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 3,087.00 | 3,187.00 | 3,550.00 | 3,926.00 | 4,212.00 | 4,462.00 | 4,752.00 | 5,266.00 |
| Non-current assets | 988.00 | 1,017.00 | 940.00 | 1,158.00 | 1,248.00 | 1,299.00 | 1,355.00 | 1,349.00 |
| Current assets | 2,099.00 | 2,170.00 | 2,610.00 | 2,767.00 | 2,964.00 | 3,163.00 | 3,397.00 | 3,917.00 |
| Property, plant and equipment | 259.00 | 233.00 | 199.00 | 192.00 | 224.00 | 231.00 | 219.00 | 233.00 |
| Capital work-in-progress | 3.00 | 6.00 | 10.00 | 12.00 | 13.00 | 5.00 | 9.00 | 2.00 |
| Goodwill | 476.00 | 490.00 | 492.00 | 496.00 | 501.00 | 507.00 | 534.00 | 565.00 |
| Other intangible assets | 7.00 | 14.00 | 11.00 | 9.00 | 8.00 | 6.00 | 4.00 | 36.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 26.00 | 10.00 | 5.00 | 5.00 |
| Trade receivables | 947.00 | 907.00 | 943.00 | 1,037.00 | 1,089.00 | 980.00 | 1,073.00 | 1,213.00 |
| Cash and cash equivalents | 416.00 | 467.00 | 414.00 | 393.00 | 282.00 | 327.00 | 410.00 | 426.00 |
| Total equity and liabilities | 3,087.00 | 3,187.00 | 3,550.00 | 3,926.00 | 4,212.00 | 4,462.00 | 4,752.00 | 5,266.00 |
| Equity | 2,332.00 | 2,448.00 | 2,725.00 | 3,044.00 | 3,250.00 | 3,478.00 | 3,701.00 | 4,113.00 |
| Equity share capital | 54.00 | 55.00 | 55.00 | 55.00 | 55.00 | 56.00 | 56.00 | 56.00 |
| Other equity | 2,278.00 | 2,393.00 | 2,670.00 | 2,989.00 | 3,195.00 | 3,423.00 | 3,645.00 | 4,057.00 |
| Total liabilities | 755.00 | 739.00 | 825.00 | 882.00 | 961.00 | 984.00 | 1,050.00 | 1,153.00 |
| Non-current liabilities | 139.00 | 115.00 | 108.00 | 136.00 | 193.00 | 199.00 | 208.00 | 241.00 |
| Current liabilities | 616.00 | 624.00 | 717.00 | 746.00 | 769.00 | 785.00 | 842.00 | 912.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 8.00 | 8.00 | 7.00 | 5.00 |
| Borrowings, current | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 3.00 | 3.00 | 3.00 |
| Trade payables | 208.00 | 231.00 | 309.00 | 281.00 | 285.00 | 235.00 | 256.00 | 255.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 160.00 | 561.00 | 384.00 | 718.00 | 210.00 | 588.00 | 190.00 | 481.00 |
| Net cash from investing activities | 545.00 | 252.00 | -360.00 | -627.00 | -197.00 | -437.00 | 35.00 | -143.00 |
| Net cash from financing activities | -580.00 | -636.00 | -78.00 | -168.00 | -126.00 | -215.00 | -136.00 | -233.00 |
| Purchase of property, plant and equipment | 35.00 | 58.00 | 16.00 | 26.00 | 20.00 | 49.00 | 19.00 | 44.00 |
| Net increase in cash | 126.00 | 176.00 | -53.00 | -74.00 | -111.00 | -65.00 | 83.00 | 99.00 |
| con:CFO.BEFORE_TAX | 232.00 | 692.00 | 471.00 | 899.00 | 311.00 | 775.00 | 304.00 | 774.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 72.00 | 131.00 | 87.00 | 181.00 | 101.00 | 188.00 | 114.00 | 293.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 1,802.00 | 3,413.00 | 2,158.00 | 5,733.00 | 2,552.00 | 5,272.00 | 2,659.00 | 5,222.00 |
| con:INVESTMENTS_SOLD | 2,279.00 | 3,736.00 | 1,767.00 | 5,070.00 | 2,490.00 | 4,910.00 | 2,577.00 | 4,964.00 |
| con:PPE_DISPOSALS | 1.00 | 1.00 | 4.00 | 7.00 | 0.00 | 2.00 | 0.00 | 4.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 41.08 | 41.03 | 40.97 | 40.95 | 40.92 | 40.90 | 40.86 | 40.82 | 40.63 | 40.63 | 0.41 | 0.41 | 0.40 | 0.40 |
| Domestic institutions | 21.20 | 24.49 | 22.39 | 20.16 | 18.62 | 20.90 | 24.25 | 24.63 | 24.53 | 22.43 | 0.22 | 0.24 | 0.23 | 0.22 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 21.22 | 0.21 | 0.22 | 0.22 | 0.21 |
| Insurance companies | 0.60 | 2.33 | 1.16 | 1.16 | 2.06 | 0.79 | 0.81 | 0.89 | 0.86 | 1.07 | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 11.47 | 11.31 | 17.57 | 21.25 | 23.48 | 18.82 | 11.71 | 11.05 | 11.68 | 12.38 | 0.11 | 0.11 | 0.14 | 0.13 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | — | — | — |
| Public | 58.85 | 58.90 | 58.99 | 59.02 | 59.07 | 59.09 | 59.13 | 59.17 | 59.36 | 59.36 | 0.59 | 0.59 | 0.60 | 0.60 |
| Non-institutional | 26.17 | 23.10 | 19.02 | 17.61 | 16.97 | 19.37 | 23.16 | 23.49 | 23.15 | 24.54 | 0.26 | 0.24 | 0.23 | 0.25 |
| Shares outstanding | 274870547 | 275158465 | 275554981 | 275748946 | 275937421 | 276079921 | 276300844 | 276600742 | 277877193 | 277891122 | 278542944 | 278690185 | 279506288 | 279599589 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Birlasoft Inc. | Subsidiary Companies (Direct Holdi | Advance, Any other transaction, Investment, Purchase | 6,315,350,000.00 | 16 |
| Birlasoft Solutions Inc. | Subsidiary Companies (Direct Holdi | Advance, Any other transaction, Investment, Purchase | 5,563,100,000.00 | 21 |
| Birlasoft Computer Corporation | Subsidiary Companies (Direct Holdi | Advance, Any other transaction, Investment, Purchase | 966,510,000.00 | 13 |
| National Engineering Industries Limited | Investing Company | Dividend paid | 430,950,000.00 | 1 |
| Birlasoft (UK) Limited (Including Netherlands Branch) | Subsidiary Companies (Indirect Hol | Advance, Any other transaction, Investment, Purchase | 423,960,000.00 | 14 |
| Birlasoft Technologies Canada Corporation | Subsidiary Companies (Indirect Hol | Advance, Any other transaction, Investment, Purchase | 410,730,000.00 | 15 |
| Birlasoft Consulting Inc. | Subsidiary Companies (Indirect Hol | Advance, Any other transaction, Investment, Purchase | 348,700,000.00 | 10 |
| Birlasoft Solutions Limited | Subsidiary Companies (Direct Holdi | Advance, Any other transaction, Investment, Loan, Pu | 328,850,000.00 | 15 |
| Birlasoft Solutions GmbH | Subsidiary Companies (Indirect Hol | Advance, Any other transaction, Investment, Sale of | 190,510,000.00 | 9 |
| Angan Guha | Chief Executive Officer & Mana | Remuneration | 181,050,000.00 | 2 |
| Birlasoft Solutions France | Subsidiary Companies (Direct Holdi | Advance, Any other transaction, Investment, Sale of | 93,200,000.00 | 12 |
| USILaw, Inc. | Subsidiary Related Party | Purchase of goods or services | 66,140,000.00 | 3 |
| CK Birla Corporate Services Limited | Other related party | Any other transaction, Purchase of goods or services | 60,930,000.00 | 11 |
| Roopinder Singh | Subsidiary Related Party | Any other transaction, Remuneration | 58,640,000.00 | 2 |
| Birlasoft Sdn. Bhd. | Subsidiary Companies (Direct Holdi | Investment, Sale of goods or services | 33,440,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-04 | Q1FY27 | Read the call | |
| 2026-05-13 | Q4FY26 | Read the call | |
| 2026-02-04 | Q3FY26 | Read the call | |
| 2025-11-13 | Q2FY26 | Read the call | |
| 2025-08-14 | Q1FY26 | Note:, OFFICER DESIGNATE | Read the call |
| 2025-06-05 | Q4FY25 | DIRECTOR | Read the call |
| 2025-02-18 | Q3FY25 | DIRECTOR | Read the call |
| 2024-10-30 | Q2FY25 | DIRECTOR | Read the call |
| 2024-05-07 | Q4FY24 | DIRECTOR | Read the call |
| 2024-02-01 | Q3FY24 | DIRECTOR | Read the call |
| 2023-11-03 | Q2FY24 | DIRECTOR | Read the call |
| 2023-08-03 | Q1FY24 | MANAGING DIRECTOR, Note: | Read the call |
| 2023-05-15 | Q4FY23 | DIRECTOR | Read the call |
What they said about it, quarter by quarter
| Topic | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capital allocation | You are probably already aware that the Board has recommended an interim dividend of Rs. | — | I think to Sandeep's question, we also consistently reward shareholders with the dividend payout that we do. | So, what we have thought about a possible buyback, and what is restricting a possible buyback, which is so common with the other IT companies in gener… | And once we have the talent and capability and everything in place then we will look at an acquisition in the future. | In line with our track record of prudent capital allocation and rewarding shareholders, at their meeting today the Board of Directors have proposed a … | On the third question as far as cash is concerned, see, if you really look at it from our capital allocation policy, our dividend range is typically b… | Let me take the question on cash and dividend, Priyank. |
| Debt and cash | We also maintained our robust track record of collections, as Angan mentioned, and cash flow generation as well during the quarter, with collections u… | We have delivered robustly on each of the key fronts, whether it is growth, whether it's margins, cash flows and deal wins during Q3. Our revenue for … | We have, over the past several quarters, demonstrated our ability to consistently generate strong cash flows. | We also maintained our robust track record on collection and cash flow generation during the quarter, with the highest quarterly collection so far thi… | Second is, settlement amount of $2 million, which we have with Invacare, will it be shown as a revenue in Q2 or will it be shown as cash flow against … | We've also generated good cash flow during the year, and Kamini will talk a little bit more about it as we go forward. | Second is, the other message I want to leave on the table is, that fundamentally and structurally, we are a solid company and our cash flow generation… | First is, we've been generating 500 crore of annual cash flow, which is after tax, after all the working capital requirement and still the dividend pa… |
| Demand | In this backdrop, we continue to focus on building up our deal pipeline and driving order booking. | But we've not lost deals and our pipeline is improving, which is very pleasing for us. | Our performance during the quarter reflects a seasonally weak quarter with higher furloughs than last year, compounded by the fact that the demand env… | Our performance during the third quarter, which, as all of you know, is a seasonally weak quarter, demonstrates our ability to hold our revenue steady… | We see a lot of demand coming in our way, on the financial services side. | The clients are taking longer time for decision-making, but equally our pipeline is at an all-time high. | Now entering into FY '26, are we confident about, let's say, growth to resume from full year perspective, considering whatever pipeline we have seen b… | So we are hoping with that, our pipeline will improve, our order book will improve and eventually the revenues will improve. |
| Guidance | But before I hand over the floor to Angan, a quick reminder that anything that we say on this call on the company's outlook for the future could be a … | But before I hand over the floor to Angan, a quick reminder that anything that we say on this call on the company's outlook for the future could be a … | But before I hand over the floor to Angan, a quick reminder that anything that we say on this call on the company's outlook for the future could be a … | Before I hand over the floor to Angan, a quick reminder that anything that we say on this call and the company's outlook for the future could be a for… | Now whether I will be at industry level adjusted for Invacare etc., only time will tell, we don’t give guidance for the year or for the quarter, but I… | But before I hand over the floor to Angan, a quick reminder that anything that we say on this call on the company's outlook for the future could be a … | Is there still a margin benefit that we expect later on? | Now going forward, as you know, Girish, we do not give out guidance. |
| Margin | So, coming to our Q2 results, which I trust all of you have seen, I am pleased to report that we have delivered a healthy operating quarter with a str… | We have recorded an expansion in our EBITDA margin, which now stands at 16%. | On the margin front, we have reported an EBITDA of 12%, which is nearly the same sequentially from the Q2 quarter. | Public On the margin front, we have done much better, recording a quarter-on-quarter expansion of 212 basis points in our EBITDA margin, which now sta… | So, are there any other factors that’s driving the sequential improvement in segmental margin for these verticals? | Our EBITDA margin for quarter 4 stands at 16.3%, which is a 31 basis points growth quarter-over-quarter. | Thank you, Angan, and that, I can guess, should be margin accretive, but again, it will be a revenue headwind, right, at that point? | But look, we've done a lot operationally to increase our EBITDA. |
| People | Given that we have let go some of the business, our utilization has dropped, the employee count is up. | And then second and last question is, is your senior leadership hiring largely done? | We are also in the process of hiring another leader to run our balance part of the business, which is the pharma business, again, under the healthcare… | Is it the existing clients being minted further more in their wallet share, or the strategy would be to see as the headcount on the sales has been add… | However, if you look at it from our perspective, we have been able to reduce attrition over the last quarter and that has helped improve our margins i… | On a year-on-year basis, a significant improvement in our attrition rate has also been a contributing factor. | So we are hiring a team to focus on accounts that we are not present in. | But I can only tell you two things that we've already done a lot of the hiring. |
| Pricing | — | — | So, I don't know how much amount of pricing power we will have in those kind of deals. | Now, there will be pricing pressure is what Angan was explaining, from some of the new businesses and from the renewals, and that pricing pressure is … | The second lever, of course, is our ability to get more pricing power from our clients, that’s a second lever, but also to drive more pyramid. | If you can indicate if that is happening and if -- any of it is getting compensated by better pricing? | There was also some mention about consolidation deals that you won, because of some pricing flexibility that you have shown. | — |
| Revenue growth | Despite the trends and the fact that Q3 has high furloughs and is a seasonally weak quarter, we still are very confident of delivering revenue growth. | In rupee terms, our revenues for the quarter increased to Rs 1,343 crore, a growth of 2.5% quarter-on-quarter and almost 10% year-on-year. | As you would have seen, we have reported a consolidated revenue of $160.8 million for the quarter, representing a constant currency degrowth of 0.1% y… | Allow me to take you through the financial highlights for Quarter 3, FY'26: As you would have all seen, we have reported consolidated revenue of $150.… | And just last bit on the hiring front, so you have indicated that you have created a new office of Chief Operating Officer and Chief Growth Officer, c… | Along with the healthy revenue growth, we've also witnessed further expansion in our EBITDA margin. | The second question is about the overall revenue growth trajectory. | Internally, obviously, we have a target, which is why we are hiring 30%-40% more sales people because now the focus of the company is going to be clea… |