30-Oct-2026 13:31:22
INTELLECT DESIGN ARENA Q2 FY27: LTM REVENUE UP 17%; LAUNCHES MSOCK AI PLATFORM, ADDS 21 NEW CUSTOMERS & SECURES 8 MAJOR DEALS
• Quarterly Results: Revenue increased 13% YoY to ₹855.4 Cr, EBITDA grew 7.9% to ₹198.95 Cr and PAT increased 1.8% to ₹104.13 Cr • LTM Performance: Last 12-month total income increased 17% YoY to ₹3,388 Cr, while EBITDA stood at ₹736 Cr, up 2% • New AI Platform: Launched MSOCK, an AI-native engineering platform designed to accelerate enterprise modernisation, software development and technology transformation • AI Technology Expansion: MSOCK has 39 patents pending and has accelerated project deliveries for 250 clients, enabling faster implementation and execution • New Customer Wins: Added 21 new customers during Q2 FY27, including 8 major strategic deals across global financial institutions • Global Deal Pipeline: Secured major banking technology deals across Mexico, the UK, Germany, Bahrain, Maldives, Sri Lanka and the UAE • Platform Revenue Growth: LTM platform revenue surged 51% YoY to ₹591 Cr from ₹392 Cr, reflecting stronger adoption of platform-led solutions • Recurring Revenue Business: LTM license-linked revenue, including Licence, Platform and AMC, increased 18% YoY to ₹1,768 Cr from ₹1,497 Cr • AI Investments: Over ₹100 Cr of AI investments reflected in LTM profitability, with management focusing on monetising intellectual property and expanding AI-native solutions • Banking Transformation: Completed 25 go-lives for global financial institutions during Q2, strengthening its international customer relationships • Cash Collections: Quarterly collections increased 8% YoY to ₹815 Cr, while LTM collections grew 26% to ₹3,282 Cr • Cash Position: Cash and cash equivalents increased to ₹1,216 Cr from ₹927 Cr YoY • Future Growth Plans: Focused on commercialising MSOCK, eMACH.ai and Purple Fabric, expanding enterprise AI adoption and strengthening recurring revenue streams • International Expansion: Targeting opportunities across core banking, payments, wealth management, trade finance, insurance and enterprise modernisation • FY27 Guidance & Capex: Management highlighted a strong deal pipeline and continued AI investments but did not disclose specific FY27 revenue growth, margin or fresh capex guidance in the press release
INTELLECT DESIGN ARENA