Ceinsys Tech

Ceinsys Tech (rebranded as CStech AI) delivered a stellar Q3 FY26 with revenue of ₹170 croreCurrent ₹170 crore. Reported change: N/A. (+52Current reported value: 52. No comparable prior figure is available in the source record.% YoY), EBITDA of ₹40 croreCurrent reported value: ₹40 crore. No comparable prior figure is available in the source record. (+88% YoY), and PAT of ₹39 croreCurrent reported value: ₹39 crore. No comparable prior figure is available in the source record. (+119Current reported value: 119. No comparable prior figure is available in the source record.% YoY). EBITDA margin expanded 452 bps to 23.48%Current reported value: 23.48%. No comparable prior figure is available in the source record., driven by operating leverage and a shift toward higher-margin technology solutions. Geospatial & engineering services revenue surged 122% YoY to ₹109 crCurrent ₹109 Cr. Reported change: +122% YoY.ore, while technology solutions dipped 3% to ₹61 crore. The order book stood at ₹999 croreCurrent ₹999 crore. Reported change: -16% QoQ. as of December 31, 2025, with new orders of ₹170 crore in Q3. Management cited election-related code of conduct delays for slower order inflows but expects a strong Q4 pipeline. Strategic MoUs with Tech Mahindra and Etos Sky aim to expand global footprint, particularly in the US and Middle East. Key risk: continued delays in government order conversions could pressure FY27 revenue visibility.