UDS / guidance tracker

Keep management guidance in view.

Updater Services · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Consolidated Revenue Growth: ~9-10% for FY26

Full year consolidated revenue growth guidance maintained at 9-10%, supported by IFM momentum and BSS stabilization, with disciplined execution across diversified client base.

revenue

IFM Segment Growth: 10-12%

IFM segment expected to deliver 10-12% revenue growth, supported by strong favorable long-term industry outlook, workforce formalization under new wage code, and increasing outsourcing by corporates.

growth

EBITDA Margin: ~6% sustainable level

Management believes current 5.8%+ margins represent the floor, with expectations of stabilization and gradual improvement toward 6% as IFM momentum continues and BSS transition normalizes over next 2-3 quarters.

margins

D&A Margin Recovery in 2-3 quarters

BSS/D&A segment margins expected to show early positive signals from agentic AI transition within 2-3 quarters, with customers moving from pilot projects to scaled implementations and outcome-based pricing delivering better margins.

margins