Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q1 FY27 revenue 201.92 Cr, +9.7% QoQ; EBITDA 15.42 Cr, +161% QoQ; EBITDA margin 7.57%, +438 bps QoQ; PAT 5.17 Cr vs loss in Q4 FY26 - Order book at 375.43 Cr, up from 200 Cr in Q4 FY26; billing expected mainly in Q3-Q4 FY27 - Annuity revenue at 23%, targeted to reach 51% over 3 years via NOC/SOC and managed services - Strategic focus on managed services, cybersecurity, cloud, and unified infrastructure management - IPO capex utilization at 35 Cr remaining, expected to be deployed in next quarters - OHMS 2.0 offers outcome-based managed services with cost savings; DaaS gaining traction as OPEX model - Cybersecurity business growing with SOC center at Turbhe and partnership with Securonix - AI viewed as productivity and revenue enhancer, unlike peers - Sustainable EBITDA margin expected around current levels due to operational efficiency and margin-led deals - Majority (80%) of Q1 revenue growth from existing customers, 20% from new clients