Quarterly Revenue Run-Rate
37.27 cr
+155% YoY
Q4 revenue grew 155% year-on-year, marking the 16th consecutive quarter of growth.
FIDELSOFTECH
Information Technology
15 May 2026
Fidel Softech Limited — Q4 FY26
Fidel Softech delivered a breakout Q4 FY26 with revenue of 37.27 cr (+155% YoY) and PAT of 5.37 cr (+32% QoQ), driven by strong organic growth and recent acquisitions in Japan and US.
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
Fidel Softech delivered a breakout Q4 FY26 with revenue of 37.27 cr (+155% YoY) and PAT of 5.37 cr (+32% QoQ), driven by strong organic growth and recent acquisitions in Japan and US. Full-year revenue reached 102.35 cr (+85% YoY), with EBITDA of 19.29 cr (+52% YoY). The company maintained a balanced revenue mix (APAC 55%, US 27%, EMIA 18%) and generated positive cash flow, increasing cash reserves to 32.5 cr. Management reiterated a medium-term vision of 300 cr revenue in 3-3.5 years and a 5x growth target over five years, while aiming to sustain double-digit PAT margins. AI is seen as a demand multiplier, especially in Japan where pilot projects are expanding. Key risk: margin pressure from scaling lower-margin US/Japan business and integration of acquisitions.
Key Numbers
Full-Year Revenue
102.35 cr
+85% YoY
FY26 revenue crossed 100 cr milestone, up from 55 cr in FY25.
Cash Reserves
32.5 cr
+2 cr YoY
Cash reserves increased despite ~6 cr payout for acquisitions, indicating strong cash generation.
EPS
10.02
+47% YoY
Earnings per share grew 47% year-on-year, reflecting improved profitability.
Management Guidance
Maintain Q4 run-rate of ~37 cr per quarter
Management aims to sustain at least Q4 FY26 revenue level of 37.27 cr per quarter, implying annualized revenue of ~149 cr.
Management guidance revenueMedium-term revenue target of 300 cr in 3-3.5 years
Company targets 3x revenue growth from current run-rate to 300 cr within 3 to 3.5 years.
Management guidance growth5x revenue growth over 5 years
Long-term aspiration to grow revenue 5x from current levels over five years, implying ~35-40% CAGR.
Management guidance growthMaintain double-digit PAT margins
Management aims to sustain double-digit PAT margins, though near-term margin may fluctuate due to investments.
Management guidance marginsKey Risks
Margin pressure from scaling lower-margin geographies
53% of revenue from US and Japan currently generates single-digit margins, which could compress overall profitability if not offset by scale.
medium · management_commentaryIntegration risk from recent acquisitions
Acquisitions of Techquine, IM Corporation, and others require integration of finance, HR, and delivery teams, which may disrupt operations.
medium · analyst_questionGeopolitical factors affecting Japan business
Management acknowledged geopolitical factors could influence near-term outcomes, though no specifics were provided.
low · management_commentaryHigh trade receivables
Trade receivables rose to 26 cr from 16 cr YoY, partly due to Q4 revenue spike; collection efficiency needs monitoring.
low · data_observationNotable Quotes
AI is not reducing demand, it is expanding our scope of services. So we see AI as a multiplier for our capabilities and enabler for next phase of growth.
We have transformed Fidel from a 25 cr company into a 100 crore enterprise from a 6 cr per quarter to now 36 crore approx per quarter.
Our approach is simple. Grow fast but grow responsibly.
Frequently Asked Questions
What was Fidel Softech's revenue in Q4 FY26?
Fidel Softech reported revenue of ₹37 Cr in Q4 FY26, representing a +155% change compared to the same quarter last year.
What guidance did Fidel Softech management give for FY27?
Maintain Q4 run-rate of ~37 cr per quarter: Management aims to sustain at least Q4 FY26 revenue level of 37.27 cr per quarter, implying annualized revenue of ~149 cr. Medium-term revenue target of 300 cr in 3-3.5 years: Company targets 3x revenue growth from current run-rate to 300 cr within 3 to 3.5 years. 5x revenue growth over 5 years: Long-term aspiration to grow revenue 5x from current levels over five years, implying ~35-40% CAGR. Maintain double-digit PAT margins: Management aims to sustain double-digit PAT margins, though near-term margin may fluctuate due to investments.
What are the key risks for Fidel Softech in FY27?
Key risks include Margin pressure from scaling lower-margin geographies — 53% of revenue from US and Japan currently generates single-digit margins, which could compress overall profitability if not offset by scale.; Integration risk from recent acquisitions — Acquisitions of Techquine, IM Corporation, and others require integration of finance, HR, and delivery teams, which may disrupt operations.; Geopolitical factors affecting Japan business — Management acknowledged geopolitical factors could influence near-term outcomes, though no specifics were provided.; High trade receivables — Trade receivables rose to 26 cr from 16 cr YoY, partly due to Q4 revenue spike; collection efficiency needs monitoring..
Did Fidel Softech meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Fidel Softech Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.