What is Marushika Technology revenue growth outlook?

Marushika Technology operates in the IT - Hardware sector and has a current market cap of ₹103 Cr and P/E ratio of 11.36. For detailed revenue growth insights derived from the latest earnings call, visit the Marushika Technology analysis page on Arthneeti AI.

What is Marushika Technology current stock price?

Marushika Technology current market price is ₹120.1. The stock trades at a P/E ratio of 11.36 with a market capitalisation of ₹103 Cr.

How does Arthneeti AI analyse Marushika Technology?

Arthneeti AI uses natural language processing to analyse Marushika Technology's earnings call transcripts and extract key insights on revenue growth, margins, capex plans, and fundraising activity. The analysis covers management commentary, forward guidance, and competitive positioning within the IT - Hardware sector.

Marushika Technology Q4 FY26 Share Price & Earnings Call Analysis

₹120.10+0.08% today

Market cap: ₹103 Cr
P/E: 11.36
ROE: 28.91%
PEG: 0.06
Price to sales: 0.88
Debt to equity: 0.15
52W high / low: ₹123 / ₹78.1
EBITDA margin: 13.97%
Net profit margin: 7.76%
Promoter holding: 58.19%
Sales (last year): ₹116 Cr

All 11 ratios ↓

Incorporated in 2010, Marushika Technology Ltd is in the business of supplying, installing,, and commissioning information technology and telecom infrastructure products.[1]

Guidance scorecard · Q4 FY26 call

What Marushika Technology's management guided
and where it ranks in IT - Hardware

#2of 5 in
IT - Hardware

Revenue10–20%MarginsUp 2%+CapexPlanned FundraisingWhat management said Order bookRising

RevenueQ4 FY26 call

10–20%

Marushika Technology expects continued strong growth supported by government policies favoring data centers, cyber security, cloud infrastructure, and digital transformation.
Revenue growth for FY26 reached ₹116.43 crores, a 36.6% YoY increase; service revenue notably grew from ₹17.44 crores to ₹49.61 crores.
The company targets crossing ₹500 crore in top-line revenue in the near future, with expansion into new verticals and partnerships.
New segments like LMS, SaaS, defense auto tech, and AI-based solutions (via Graymatics partnership) are forecasted to contribute significantly.
Order book is robust with ₹35 crores already lined up for FY27.

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Up 2%+

Marushika Technology expects continued strong revenue growth driven by expanding in data centers, cyber security, LMS, SaaS, defense, and other high-margin technology solutions.
EBITDA margins are projected to grow due to increased service income, new verticals like LMS and SaaS, and added data center electronic services.
The company expects 15-20% additional growth specifically from new data center electronics business.
Defense AutoTech vertical is emerging as a promising and profitable sector contributing to growth and margins.
Service revenue has significantly increased, supporting margin expansion and recurring managed service revenues are being added.

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Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned

The company is expanding its portfolio by adding new verticals such as Learning Management System (LMS) and SaaS platforms, data center solutions (including electronic assets like servers, storage, switches), and managed services.
They are actively pursuing strategic partnerships, particularly in AI-based video analytics and data center projects, to enhance their offerings.
Discussions are ongoing with major firms for partnerships related to data center electronics.
Focus areas for capital investment likely include digital infrastructure enhancing data center capabilities, cyber security, cloud infrastructure services, and AI-enabled digital platforms.

2 more points from Marushika Technology's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

See what Marushika Technology said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

Rising

As of April and May FY27, Marushika Technology has already achieved ₹14 crores of turnover.
The company currently holds a strong order book exceeding ₹35 crores.
This indicates a robust executable pipeline for FY27, supporting expected growth.
The management's focus on government, PSU, and large system integrator projects contributes to this strong order book.

Full Q4 FY26 analysis

Full IT - Hardware ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in IT - Hardware
on management's own guidance

This stockMarushika Tech.Moderate growth
2
Rashi PeripheralGood growth
1
Control PrintModerate growth
3

See all potential multibaggers All IT - Hardware rankings

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

IT - Hardware companies ranked on guidance

#	Company	Revenue guided	Margin guided	Market cap	P/E
1	Rashi Peripheral	20–40%	Flat	₹5,218 Cr	16.4
2	Marushika Tech.This stock	10–20%	Up 2%+	₹100 Cr	11.0
3	Control Print	10–20%	Up 0–2%	₹923 Cr	27.5
4		10–20%	Flat	₹679 Cr	—
5		10–20%	Flat	₹132 Cr	18.0

Pro shows every company guiding 40%+ revenue growth →Full IT - Hardware ranking

Financials of Marushika Technology

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.