| Management target | Revenue 25.0% FY29 |
|---|
| Revenue growth | Q2 revenue +33.6% to ₹430.4 Cr; H1 +40.3%; no one-time items cited. |
|---|---|
| Margins | Q2 EBITDA margin 30.5%; mgmt blames forex and imports, no peer comparison. |
| Demand visibility | Pipeline in state ID tenders, transit programs; H2 seasonally stronger, unquantified. |
| Management confidence | Balanced-to-optimistic; margin shortfall blamed on forex and geopolitics. |
Growth
Q2 revenue ₹430.4 Cr (+33.6%); Q2 EBITDA +17.5%, PAT +7.7%; depreciation nearly doubled to ₹22.4 Cr.
Outlook
FY27 revenue guided 30-35%; 25% CAGR targeted FY27-29; H2 seasonally stronger; no margin figures given.
Risks
Margin recovery unquantified; freight cost surge; working capital 96 days vs 74 a year ago; PSU fixed-price contracts.
Earnings Call Transcript filed with NSE, NSE: MPIMANIPAL. Summary written with AI assistance from the document.
Manipal Payment and Identity Solutions Ltd: key numbers
- Share price
- ₹330.00
- Market cap
- ₹7,650 Cr
- Revenue (annual)
- ₹1,327 Cr
- Net profit (annual)
- ₹253.5 Cr
- Promoter holding
- 53.92%
- FII holding
- 3.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Manipal Payment and Identity Solutions Ltd
All →Manipal Payment and Identity Solutions Investor Presentation: Key Takeaways
H1 FY27 revenue ₹849 Cr (+40.3% YoY), PAT ₹159 Cr (+45.4%), EBITDA margin 30.1% (-261 bps). International share rose to 12.8%; Emerging revenue +92%.
Manipal Payment and Identity Solutions Other Announcement
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Manipal Payment and Identity Solutions Results Update
Manipal Payment and Identity Solutions reported H1 FY27 revenue of Rs.849.4 crore, up 40.3%, and PAT of Rs.158.6 crore, up 45.4%. The press release accompanies its unaudited results for the period ended 30 September 2026.
Manipal Payment and Identity Solutions Q2 FY27 Results: Net Profit ₹80.9 Cr, Up 7.7% YoY
Manipal Payment and Identity Solutions Ltd reported revenue from operations of ₹430.4 Cr (+33.6% YoY) and net profit of ₹80.9 Cr (+7.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹80.9 Cr · +7.7% YoY
Manipal Payment and Identity Solutions Employee Stock Options
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Manipal Payment and Identity Solutions Results Correction
Manipal Payment and Identity Solutions clarified two NSE observations on its 01 October 2026 financial results. It stated it has one operating segment and that the results PDF was machine-readable.