Ksolves India Ltd
NSE:KSOLVES
Ksolves India Ltd
Ksolves India Pvt Ltd. engages in the software development, enterprise solutions and consulting services. The company is headquartered in Noida, Uttar Pradesh. The company went IPO on 2020-07-06. The company is engaged in software development, enterprise solutions and consulting, providing a range of information technology (IT) solutions to companies across sectors, such as real estate, e-commerce, finance, and telecom healthcare. The company designs, develops, and maintains software systems and solutions, creates new applications, and enhances the functionality of its customers existing software products. Its technologies include Big Data, Machine Learning, Artificial Intelligence, Salesforce, Odoo, Devops, and Penetration Testing. Its services include Salesforce Platform Development, Salesforce CRM Development & Consultation, Salesforce Sales Cloud Services, Salesforce Service Cloud Services, Salesforce Marketing Cloud Services, Salesforce AppExchange App Development, Salesforce Third-Party Integrations, and Salesforce CPQ Implementation Services. The company serves various industries, such as healthcare, logistics, customer service, and IT.
Ksolves India Pvt Ltd. engages in the software development, enterprise solutions and consulting services. The company is headquartered in Noida, Uttar Pradesh. The company went IPO on 2020-07-06. The company is engaged in software development, enterprise solutions and consulting, providing a range of information technology (IT) solutions to companies across sectors, such as real estate, e-commerce, finance, and telecom healthcare. The company designs, develops, and maintains software systems and solutions, creates new applications, and enhances the functionality of its customers existing software products. Its technologies include Big Data, Machine Learning, Artificial Intelligence, Salesforce, Odoo, Devops, and Penetration Testing. Its services include Salesforce Platform Development, Salesforce CRM Development & Consultation, Salesforce Sales Cloud Services, Salesforce Service Cloud Services, Salesforce Marketing Cloud Services, Salesforce AppExchange App Development, Salesforce Third-Party Integrations, and Salesforce CPQ Implementation Services. The company serves various industries, such as healthcare, logistics, customer service, and IT.
Revenue Growth: Q3 FY26 revenue was INR 42.3 crores, up 6.6% quarter-on-quarter and 12.2% year-on-year, reflecting stable execution and ramp-up of prior deals.
EBITDA Margin: EBITDA margin for Q3 stood at 32.4%, up 194 bps sequentially, aligned with company guidance. Margin compression year-on-year was attributed to earlier investments in events, senior hiring, and branding.
Profitability: Q3 PAT was INR 9.8 crores (PAT margin 23.2%), and EPS reached INR 4.13, up from INR 3.5 in Q3 FY25.
Guidance Maintained: Management reiterated confidence in achieving 20% year-on-year revenue growth for FY26 and expects medium-term EBITDA margin around 30%.
Dividend Payout: Third interim dividend of INR 5 per share declared, bringing FY26 total to INR 11 per share.
Product Segment: Data Flow Manager (DFM) product is in early stages, with two customers onboarded and pricing set well below peers. Revenue impact for the near term is expected to remain small.
Overseas Focus: 78% of revenue comes from global markets, with the US, UAE, and Australia as key growth drivers.
No Significant Impact from Labor Laws: New labor code impact on gratuity is not material and won't affect EBITDA margin guidance.
