Seshaasai Tech.
Seshaasai Technologies Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹374Cr
- +10.3% YoY
- Net profit
- ₹67Cr
- +24.1% YoY
- Margin
- 26%
- +3 pp YoY
The short version
Payment Solutions: Expected upward trajectory in Q4 FY26 with multi-year contracts secured, including a large public sector bank expanding into metal, biometric, and dynamic CVV cards; strong traction in metal and premium cards anticipated. Q3 FY26 showed 10.1% Y-o-Y revenue growth and 19.3% Y-o-Y PAT growth with a PAT margin of 17.15% - Payment solutions segment is expected to grow steadily with multi-year contracts secured, including
From Seshaasai Tech.'s Q3 FY26 earnings-call transcript · updated 26 Aug 2026.
Revenue & Sales Performance
- Payment Solutions: Expected upward trajectory in Q4 FY26 with multi-year contracts secured, including a large public sector bank expanding into metal, biometric, and dynamic CVV cards; strong traction in metal and premium cards anticipated. Growth driven by volume increase and premium product demand.
- Communication and Fulfillment Solutions: Stable growth driven by regulatory communication needs and government contracts; multi-year contracts secured worth approximately INR210 crores over contract periods; steady demand expected.
- IoT Solutions: Significant growth seen with 100% year-on-year increase; near-term revenue impact due to project rollout delays expected to be compensated in Q4; new large retail client anticipated to become the largest account. Expansion through global partners supplying RFID tags; growth supported by investments in product maturity, data logging, cold chain monitoring, and upcoming eSIM business.
- Overall Outlook: Medium-to-long-term optimism with capacity expansions and technological investments; Q4 historically stronger, expected to continue growth momentum across verticals.
Profitability & Margins
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Capital Expenditure Plans
- The company is undertaking construction across four locations for new facilities in Bengaluru, Nagpur, Navi Mumbai, and Kundli to support future business growth.
- In Q3 FY26, capital expenditure stood at INR 34.28 crores.
- Total IPO proceeds utilized as of Q3 FY26 were INR 346 crores, with approximately INR 254 crores remaining to be utilized over subsequent quarters.
- The company is investing in capacity expansion, including metal card manufacturing capabilities, to prepare for increasing demand and large upcoming opportunities.
2 more points from Seshaasai Tech.'s call on capex
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Fundraising & Capital Structure
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Order Book & Pipeline
- The company has a sizable order book for metal cards expected to grow significantly starting Q4 FY26 and into the next financial year.
- They are working on multiple metal card projects with at least three government banks and several large customers.
- A large new retail client in the IoT segment is pending allocation of order volumes; once confirmed, it will become the largest account.
- There are ongoing discussions with global fintechs and other large clients for new orders, especially in IoT and payment solutions.
2 more points from Seshaasai Tech.'s call on order book
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Seshaasai Tech. — Quarterly revenue & net profit
Seshaasai Tech. Q3 FY26 results — key figures
| ₹ Cr | Q3 FY26 | Q3 FY25 | YoY | Q2 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 374 | 339 | +10.3% | 351 | +6.6% |
| Operating profit (EBITDA) | 98 | 77 | +27.3% | 94 | +4.3% |
| Operating margin | 26% | 23% | +3 pp | 27% | -1 pp |
| Profit before tax | 89 | 62 | +43.5% | 76 | +17.1% |
| Net profit (PAT) | 67 | 54 | +24.1% | 58 | +15.5% |
| EPS (₹) | 4.12 | 3.63 | +13.5% | 3.58 | +15.1% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹405 Cr, net profit ₹69 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Seshaasai Technologies's management said in earlier quarters
Others in Financial Technology (Fintech) this season
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EBITDA showed a 25% year-over-year increase, with improved operating leverage as volumes scale. Key concall takeaways from AvenuesAI Ltd's Q3 FY26 earnings…
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Issuance business grew 42%, digital payments business grew 16%, contributing to overall 24% revenue growth year-over-year. Key concall takeaways from Pine Labs…
- One 97 (Q3 FY26)
Device growth in merchant business remains robust with approximately 27 lakh new devices added annually, and potential penetration rising up to 20% (Page 20)…
- PB Fintech (Q3 FY26)
Term and health insurance currently make up around half the business, with term growing about 70%. Key concall takeaways from PB Fintech Ltd's Q3 FY26 earnings…
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Seshaasai Tech. Q3 FY26 results?
Payment Solutions: Expected upward trajectory in Q4 FY26 with multi-year contracts secured, including a large public sector bank expanding into metal, biometric, and dynamic CVV cards; strong traction in metal and premium cards anticipated. Q3 FY26 showed 10.1% Y-o-Y revenue growth and 19.3% Y-o-Y PAT growth with a PAT margin of 17.15% - Payment solutions segment is expected to grow steadily with multi-year contracts secured, including
What is Seshaasai Tech. share price analysis?
Seshaasai Tech. currently shows a neutral. The stock trades at a P/E of 23.6 with a market cap of ₹6,352 Cr. Investors should review the full earnings analysis for detailed insights.
Is Seshaasai Tech. planning capital expenditure?
The company is undertaking construction across four locations for new facilities in Bengaluru, Nagpur, Navi Mumbai, and Kundli to support future business growth.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.