Xtglobal Infotech Ltd

Financial Performance

• Standalone revenue 719.19 crore; YoY +8%; QoQ +1.8%.
• Standalone EBITDA 2.82 crore; margin 14.7%; YoY +76.3%.
• Standalone EBIT (PBT) 23.08 crore; margin 16%; YoY +75.6%.
• Standalone PAT 71.82 crore; margin 9.5%; YoY +19.8%.
• Consolidated revenue 93.30 crore; YoY +1.1%; QoQ +2%.
• Consolidated EBITDA 7.06 crore; margin 7.6%; YoY +7.8%.
• Consolidated PAT 3.89 crore; margin 4.2%; YoY +4.3%.

Operating Update

• F&A practice added seven new engagements across Australia, US, Ireland in Q1 FY27.
• IT services added clients in India and the US; Ireland market entered via F&A outsourcing.
• Entered Irish market with offshore finance support from India delivery centers.
• Zoho implementation 90% complete in quarter across 13 products/modules; stabilization targeted.
• Strategy focused on international expansion, client-base broadening, and execution discipline.

Q&A Highlights

• PaaS growth engine: next year focus on Australia and Ireland; expect million-dollar local-currency revenue.
• Current PaaS share is less than 10%; growth expected as U.S. government contracts and public sector work expand.
• USG contracts: pursuing general bidding for state sectors; revenue growth anticipated in US public sector.
• GCC engagement: target mid-market; start with 3–5 members, scale to ~50 over time.
• Dividend plan discussed; may be considered next quarter after results.

Outlook and Guidance

• PaaS focus: Australia and Ireland expected to deliver milestone revenue next year; local-currency targets in scope.
• Offshore shift supports margins; ongoing mix improvement anticipated to sustain EBITDA gains.
• US and Ireland expansion seen as key near-term growth vectors; diversified international footprint.

Meeting Details

• Date and time: 17 August 2026, 5:00 PM IST
• Type and mode: group conference call; virtual
• Event/organiser: Q1 FY27 Earnings Conference Call (XTGlobal Infotech Limited)

Participants

• Company management team discussed results with Analysts and Investors

Purpose

• Discuss Q1 FY27 results for quarter ended 30 June 2026

Availability

• Audio recording of the conference call is available

Business Overview

• XTGlobal is a global tech services firm delivering digital transformation, cloud, AI, and finance outsourcing.
• FY27 focuses on FAST practice scaling and international client expansion.
• Zoho transformation 90% complete, 13 modules covered, near go-live.
• First Ireland Finance & Accounting Outsourcing engagement signals European expansion.

Operational Highlights

• FAST Practice added seven new clients across Australia, US, and Ireland.
• IT Services expanded client base with one new client in India and the US.
• U.S. State Transportation Agency awarded 14-month eForms modernization engagement, max USD 1.59m.
• Ireland engagement establishes offshore finance support from India delivery centers.
• Zoho Suite implementation nearing completion (90%).

Financial Performance

• Consolidated revenue ₹93.30 cr in Q1 FY27, up 1.1% YoY.
• Consolidated EBITDA ₹7.06 cr; margin 7.6% (QoQ 4.2% revenue, 64.2% EBITDA growth).
• PAT ₹3.89 cr; margin 4.2%; QoQ growth 4.0%.
• Standalone revenue ₹19.19 cr; EBITDA ₹2.82 cr; PAT ₹1.82 cr.
• Standalone EBITDA margin 14.7%; PAT margin 9.5%.

Growth & Outlook

• Strengthen client relationships and expand global presence.
• Invest in AI, cloud, and automation to lift margins and scale recurring revenue.
• Pursue offshore delivery expansion to improve efficiency and cost-structure.
• European expansion continues with Ireland engagement; US/Australia growth ongoing.

Financial Performance

• Standalone Q1 FY27 revenue ₹19.19 cr; EBITDA ₹2.82 cr; PAT ₹1.82 cr.
• Standalone EBITDA margin 14.7%; EBIT margin 16.0%; PAT margin 9.5%.
• Standalone EBIT ₹3.08 cr.
• Standalone PBT ₹2.35 cr; Tax ₹0.52 cr.
• Consolidated Q1 FY27 revenue ₹93.30 cr; EBITDA ₹7.06 cr; PAT ₹3.89 cr.
• Consolidated EBITDA margin 7.6%; PAT margin 4.2%.
• Consolidated PBT ₹5.24 cr; Tax ₹1.35 cr.

Operational Highlights

• FAST Practice added seven new clients across Australia, US, Ireland.
• IT Services added one client in India and US.
• U.S. State Transportation Agency engagement for Internal eForms Modernization; 14-month term; max USD 1.59m.
• Ireland entry: first Finance & Accounting Outsourcing engagement from India delivery centers.
• Zoho Suite implementation 90% complete across ~13 modules; final go-live planned.

Strategic Outlook & Growth

• FY27 focus: scale FAST, expand technology services, deepen client relationships across target markets.
• Strengthen delivery capabilities to support sustainable, long-term engagements.
• Expand wallet share and international presence; drive recurring revenue and offshore delivery.
• Market opportunity: global IT spend of USD 5.4 trillion; 9.4% IT services CAGR to 2030.
• Recurring global engagements provide revenue visibility.

Financial highlights

• Consolidated revenue ₹93.30 crore, up 1.1% YoY.
• EBITDA ₹7.06 crore; margin 7.6%; up 7.8% YoY.
• PAT ₹3.89 crore; margin 4.2%; up 4.3% YoY.

Key business developments

• FAST Practice added seven new clients across Australia, US, Ireland.
• IT Services added one client each in India and US.
• U.S. State Transportation Agency engagement: 14 months; max USD 1.59 million (₹14.8 crore).
• Entered Ireland with Finance & Accounting Outsourcing; offshore function from India.
• Zoho transformation at ~90% completion across ~13 modules.

Financial results approved

• Board approved unaudited standalone and consolidated Q1 2026-27 results for quarter ended 30 June 2026.
• Limited Review Reports from statutory auditors accompany the results.
• Results will be accessible on the company website.

Regulatory and compliance actions

• SEZ exit of Visakhapatnam unit approved by SEZ authorities on 22 September 2025.
• Land lease terminated; land purchased; title transferred to XTGlobal Infotech.
• Labour Codes implemented; no significant material impact on employee benefits.
• ESOP/RSU issuance increased quarterly employee costs by ₹30.23 lakhs and reserves.
• Management reports IT/ITES as a single segment.

Auditor remarks

• Independent reviewers concluded no material misstatement in standalone results.
• Independent reviewers concluded no material misstatement in consolidated results.

Meeting Details

• Date and time: Monday, August 17, 2026 at 05:00 PM IST.
• Type and mode: group earnings conference call; virtual.
• Event organiser: XTGlobal Infotech Limited; Q1 FY27 Earnings Conference Call.

Participants

• Key participants: XTGlobal Infotech Limited senior management team.

Purpose

• Discuss unaudited standalone and consolidated results for Q1 FY27.
• Interactive Q&A session with investors.

Meeting Details

• Board meeting scheduled for 13 August 2026 via video conference; venue deemed at Registered Office.

Key Agenda Items

• Consider unaudited standalone and consolidated financial results for quarter ended 30 June 2026.
• Take note of Limited Review Report on the above results.
• Any other business with permission of the Chairman.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours post results disclosure.

Dematerialisation/rematerialisation processing

• KFIN and NSDL certificates confirm demat/remat details for quarter ended 30 June 2026 were furnished to all exchanges.