Seshaasai Technologies Limited — Investor Meet, 31-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Seshaasai Technologies reported a strong Q1 FY27, with revenue up 21.1% YoY to INR 377 Cr, driven by healthy demand across payment solutions (42% of revenue), communication & fulfillment (40%), and IoT solutions (18%). Despite margin pressure from material costs, disciplined execution led to a 13.5% YoY increase in EBITDA to INR 94 Cr, with EBITDA margin at 25.1%. PAT surged 63.8% YoY to INR 60 Cr. Management anticipates H2 FY27 to be stronger due to seasonal demand and foresees 8-12% YoY revenue growth for the full year, emphasizing confidence in diversified revenue streams and customer relationships.

The company highlighted robust growth in its IoT segment, which saw a 145% YoY increase, driven by RFID and SIM/eSIM businesses. Payment solutions, its largest vertical, continues to show traction, particularly with premium metal cards, and the company is exploring international markets. Communication and fulfillment solutions provide stability. Future expansion includes a new Bengaluru facility expected to be operational by year-end, boosting metal card capacity. Management maintains a cautious outlook on margins given geopolitical uncertainties but remains focused on operational efficiencies and supply chain agility. Overall, the company appears confident in its growth trajectory and business fundamentals.