C.E. Info Systems Limited — Q1FY27 earnings call summary

Filed 04 August 2026 · Company audio recording

Strong open order book of Rs. 1750 Cr (+17% YoY) provides healthy revenue visibility for FY27.
Targeting 35%+ EBITDA margin for full year FY27.
Q1 FY27 revenue grew 14.9% YoY to Rs. 139.7 Cr; automotive segment up 29% YoY to Rs. 58.8 Cr.
IoT hardware sales growth (Rs. 23 Cr vs Rs. 7 Cr YoY) lowered blended margins; SaaS revenue expected to build over time.
IoT business margin pressure due to hardware-heavy early-stage revenue mix; SaaS ramp-up critical.
Q1 is seasonally weak for government segment; order execution ongoing with strong pipeline.
Q1 EBITDA margin at 40.2%, impacted by a one-time Rs. 4 Cr government client write-off; net P&L impact Rs. 0.8 Cr.
Adjusted EBITDA margin excluding write-off would be ~43%.