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EXPLEOSOLUTIONS Diversified 2026-04-??

Expleo Solutions Ltd — Q4 FY26

Expleo Solutions reported Q4 FY26 revenue of ₹286.3 crore, up 11.9% YoY, driven by strong growth in Europe, BFSI, and aerospace & defense.

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Revenue ₹286 Cr +11.9%
EBITDA
PAT ₹42 Cr
EBITDA Margin 15.5% -10bps
Duration 62 min
Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Expleo Solutions reported Q4 FY26 revenue of ₹286.3 crore, up 11.9% YoY, driven by strong growth in Europe, BFSI, and aerospace & defense. EBITDA margin remained flat at 15.5% (down 10bps YoY) due to wage inflation offset by operational efficiencies. AI-influenced revenue reached 15%, and management guided for sustainable double-digit revenue growth with margins around 15.5% for FY27. Key strategic initiatives include partner-led growth, expansion into Egypt, and deepening AI adoption across top accounts. However, AI-driven productivity gains are being fully passed to clients, pressuring ticket sizes. Risks include geopolitical uncertainty in the Middle East, headwinds in European automotive, and potential delays in defense offset contracts.

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Risk Intelligence

AI-driven revenue cannibalization

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Quarter Snapshot

AI-influenced revenue share 15%
+15pp YoY

Revenue influenced by AI reached 15% in FY26, up from near zero in prior year, reflecting early adoption.

Attrition rate 15%
flat YoY

Attrition moderated at 15%, with high demand for 5-10 year experienced professionals in emerging tech.

Cash position ₹376 crore
+64% YoY

Cash balance grew to ₹376 crore from ₹229 crore, supporting M&A and investment plans.

EPS ₹79.89
+20.1% YoY

Earnings per share for FY26 increased to ₹79.89 from ₹66.52 in FY25.

Fast read

Guidance and risk preview

Top guidance Sustainable double-digit revenue growth in FY27

Management targets double-digit revenue growth for FY27, driven by new logo acquisition, partner-led growth, and AI adoption.

Top risk AI-driven revenue cannibalization

Productivity gains from AI are fully passed to clients, reducing ticket sizes and pressuring revenue growth despite volume increases.

View Risks →