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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.

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Revenue ₹37 Cr +155%
EBITDA ₹6 Cr
PAT ₹4 Cr
EBITDA Margin 14.14%
Duration 56 min
Read Time 1 min read

✓ Verified against BSE filing

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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.

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Margin pressure from scaling lower-margin geographies

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Quarter Snapshot

Quarterly Revenue Run-Rate 37.27 cr
+155% YoY

Q4 revenue grew 155% year-on-year, marking the 16th consecutive quarter of growth.

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.

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Guidance and risk preview

Top 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.

Top risk 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.

View Risks →