BSE: 544626 · ISIN INE1E4401010
EXATO TECHNOLOGIES LIMITED stock analysis
EXATO TECHNOLOGIES LIMITED ranks #247 in the TickerSutra evidence-ranked universe with a score of 68/100 and 85% data confidence. The latest captured fundamentals show ROCE of 26.7%, quarterly sales growth of 44.8% and quarterly profit growth of 90.4%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 26.7%
- Low debt/equity of 0.24×
- 58.4% three-year sales CAGR
- Institutional ownership is rising
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2021 | ₹35cr | ₹2cr | ₹1cr | 6.0% |
| 2022 | ₹42cr | ₹2cr | ₹2cr | 4.3% |
| 2024 | ₹114cr | ₹10cr | ₹6cr | 8.0% |
| 2025 | ₹123cr | ₹14cr | ₹9cr | 11.0% |
| 2026 | ₹167cr | ₹24cr | ₹16cr | 15.0% |
| TTM | ₹180cr | ₹28cr | ₹19cr | 15.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Proceedings of 9th Annual General Meeting (AGM) of the Company - Financial Year 2025-26
RoutineExato Technologies Ltd - 544626 - Closure of Trading WindowBSE · 26 Sept 2026Intimation of Closure of Trading Window in terms of SEBI (PIT) Regulations, 2015
MANAGEMENT COMMENTARY
Signals from filed documents
• Driving continuous innovation through research and development and advanced technologies. • Expanding its geographical footprint across domestic and international markets through strategic collaborations and partnerships. • Delivering superior customer value through operational excellence, technology-driven transformation, and customer-centric solutions.
Our operating performance during the year was equally encouraging. Revenue from Operations grew by 35.23% to ₹16,799.58 Lakhs, EBITDA grew by 59.29% to ₹2,539.44 Lakhs with margin expansion of 229 basis points to 15.12%, and Prot After Tax grew by 66.65% to ₹1,608.88 Lakhs. This performance was underpinned by deeper engagements with our enterprise clients, cross-selling of our platform capabilities, and growing cont
Profit After Tax increased by 66.65% to ₹1,608.88 Lakhs, while PAT margin improved from 7.77% to 9.58%. The improvement in profitability reflects operating leverage from the Company’s expanding revenue base and the increasing contribution of technology and platform-led activities. During Q4 FY2025–26, Revenue from Operations stood at ₹6,108.04 Lakhs, representing a sequential increase of 70.37% over Q3 FY2026 and the
Threats • Intense Competition: The enterprise AI and CX market includes global technology companies as well as specialised start-ups. Competition may create pricing pressure and require continuous innovation. • Technological Disruption: Rapid technological advancement in AI may result in existing technologies becoming commoditised, requiring continuous investment in research, development and product enhancement.
Cash and bank balances, including fixed deposits, stood at approximately ₹4,128.36 Lakhs as at March 31, 2026. Client Concentration Risk – While the Company serves more than 150 enterprise clients, revenue remains concentrated in certain verticals, particularly BPO/ITES and IT/ITeS. The Company is working to diversify its revenue base through deeper penetration into Healthcare, BFSI and other enterprise segments.
Enterprises increasingly moved from experimentation with Generative AI towards production-grade deployment, while demand increased for specialised implementation partners capable of integrating AI into live contact-centre and customer experience environments. • Vertical AI adoption increased across BFSI, healthcare, retail and telecom, with enterprises seeking domain-specific solutions incorporating regulatory requir
Delays in scaling operations, challenges in integrating new teams or geographies, or difficulties in attracting and retaining suitable talent could adversely affect execution, service quality, margins and overall business performance. The Company is strengthening its leadership, operational processes, governance and technology capabilities to support its expansion plans and sustainable growth. Human Resource Risk – T
2025-26 does not exceed the prescribed limit of ₹50.00 Lacs. Provide the web-link(s) where Composition of CSR Committee, CSR Policy and CSR Projects approved by the Board are disclosed on the website of the company: Particulars Web-Link CSR Committee The provisions relating to the constitution of a CSR Committee are presently not applicable to the Company in terms of the provisions of Section 135(9) of the Companies
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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