ESDSESDS Software Solution Ltd.
ESDS Software Solution Q2 FY27 Results: Consolidated Net Profit ₹31.09 Crore on Total Income of ₹144 Crore
- Earnings
- cloud and data centre
Reviewed byRachit TripathiBlacklitt Research
ESDS Software Solution (NSE: ESDS) reported consolidated total income of ₹143.65 crore and net profit of ₹31.09 crore for the quarter ended 30 Sep 2026, it said in a filing on 02 Nov 2026. Standalone total income was ₹124.25 crore and standalone net profit ₹23.19 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹143.65 crore, up 49.2% YoY and 6.3% QoQ
- Net profit and EPS: ₹31.09 crore, up 40.7% YoY and 6.2% QoQ; basic EPS ₹2.83
- Other income: ₹5.31 crore, up 115.0% YoY and 250.9% QoQ
- Finance costs: ₹3.33 crore, up 18.5% YoY and 29.5% QoQ
Standalone
The company on its own, without its subsidiaries
- Total income: ₹124.25 crore, up 42.6% YoY and 5.6% QoQ
- Net profit and EPS: ₹23.19 crore, up 161.6% YoY and 27.4% QoQ; basic EPS ₹2.11
- Tax expense: ₹8.06 crore, up 21.9% YoY; 25.8% of profit before tax
- Finance costs: ₹3.29 crore, up 19.4% YoY and 28.2% QoQ
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 143.65 | 96.25 | +49.2% | 135.17 | +6.3% | |
| Revenue from operations | 138.34 | 93.78 | +47.5% | 133.66 | +3.5% |
| Other income | 5.31 | 2.47 | +115.0% | 1.51 | +250.9% |
| 31.09 | 22.10 | +40.7% | 29.28 | +6.2% | |
| Profit before tax | 40.13 | 33.02 | +21.5% | 36.47 | +10.0% |
| Finance costs | 3.33 | 2.81 | +18.5% | 2.57 | +29.5% |
| Depreciation | 19.61 | 15.45 | +26.9% | 18.48 | +6.2% |
| Tax expense | 9.04 | 10.92 | -17.2% | 7.19 | +25.7% |
| Net profit margin | 21.64% | 22.96% | -1.32 pp | 21.66% | -0.01 pp |
| EPS, basic (₹) | 2.83 | 2.20 | +28.6% | 2.92 | -3.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit grew more slowly than total income. Consolidated net profit rose 40.7% to ₹31.09 crore, while total income rose 49.2%. The tax expense is 22.5% of profit before tax this quarter.
Other income is a larger part of the quarter than a year ago. At ₹5.31 crore it is 3.7% of total income and 13.2% of profit before tax, against ₹2.47 crore in Q2 FY26. Revenue from operations of ₹138.34 crore rose 47.5% YoY. Finance costs of ₹3.33 crore are 2.3% of total income.
The filing gives the reason for the rise in other expenses and employee costs in the quarter as not stated.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 124.25 | 87.15 | +42.6% | 117.66 | +5.6% | |
| Revenue from operations | 120.95 | 83.79 | +44.3% | 116.17 | +4.1% |
| Other income | 3.31 | 3.35 | -1.3% | 1.49 | +121.9% |
| 23.19 | 8.86 | +161.6% | 18.20 | +27.4% | |
| Profit before tax | 31.25 | 15.48 | +101.9% | 24.29 | +28.7% |
| Finance costs | 3.29 | 2.76 | +19.4% | 2.57 | +28.2% |
| Depreciation | 19.61 | 15.84 | +23.8% | 18.48 | +6.2% |
| Tax expense | 8.06 | 6.61 | +21.9% | 6.09 | +32.4% |
| Net profit margin | 18.66% | 10.17% | +8.49 pp | 15.47% | +3.20 pp |
| EPS, basic (₹) | 2.11 | 0.88 | +139.8% | 1.81 | +16.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose faster than income. Net profit grew 161.6% to ₹23.19 crore, against total income growth of 42.6%, and profit before tax rose 101.9% to ₹31.25 crore. The year-earlier quarter carried a tax expense of ₹6.61 crore on profit before tax of ₹15.48 crore.
Standalone net profit of ₹23.19 crore is ₹7.90 crore lower than consolidated net profit of ₹31.09 crore. Standalone other income of ₹3.31 crore is 2.7% of total income and 10.6% of profit before tax, close to the ₹3.35 crore of a year earlier.
The auditor states that the standalone comparative figures for the quarter ended 30 Sep 2025 were not subjected to review, because quarterly reporting became applicable from the quarter ended 30 Jun 2026.
Inference
The company's equity shares were listed on the Main Board of NSE under the Direct Listing Route with effect from 04 Sep 2026 and are also listed on BSE. The IPO issue price was ₹429 per share, including a premium of ₹428, through a fresh issue of 16,783,216 shares. The Annexure A statement reports no deviation or variation in use of the ₹7,200.00 million raised, with ₹469.13 million utilised in the quarter.
The filing does not state a dividend for the period. The planned use of the remaining IPO funds beyond the quarter is not stated, and the reason for the rise in other expenses and employee costs is not given.
Filed with BSE on . Reference: Original filing (PDF)
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