| Revenue growth | Q2 revenue +63% YoY to ~₹110 Cr; H1 +42%, implying Q1 ~11%. |
|---|---|
| Margins | Q2 EBITDA 20.42%; management says sustainable range 17.5-18%. |
| Order book | ₹390 Cr order book; ~₹90 Cr Q2 wins; ~50-55% billable this FY. |
| Demand visibility | Bid pipeline over ₹2,000 Cr; government share falling to 30-35%. |
| Management confidence | Upbeat; FY27 target answered with 'hopeful', not a commitment. |
Growth
Q2 revenue +63% YoY, but H1 +42% implies Q1 growth of only ~11%. Profit growth outpaces revenue growth.
Outlook
No FY27 revenue figure reaffirmed; analyst-cited ~₹500 Cr met only with 'hopeful'. Data centre 2MW ~₹130-140 Cr, partly debt-funded.
Risks
Management guides margins back to 17.5-18% vs 20% reported; OCF negative, receivables jump (24.38 vs 84.38 Cr conflicting), execution back-loaded to Q3-Q4.
Last quarter's promises, checked
Delivered
- Guided ~35% FY27 growth → H1 +42% YoY (= BEAT)
Partly delivered
- Guided 55-60% of ₹373 Cr order book executed in FY27 → ~50-55% billable (= PARTIAL)
- Guided FY27 revenue ₹500+ Cr → not reaffirmed, only 'hopeful' (= PARTIAL)
Missed
- Guided ~30% of ₹1,200 Cr pipeline (~₹360 Cr) closed in 1 qtr → ~₹90 Cr Q2 wins (= MISS)
- Guided +50-75 bps FY27 margin gain → now guides sustainable 17.5-18% vs 20.42% Q2 EBITDA (= MISS)
Earnings Call Transcript filed with NSE, NSE: XTRANET. Summary written with AI assistance from the document.
Xtranet Technologies Ltd: key numbers
- Share price
- ₹278.60
- Market cap
- ₹1,457 Cr
- Revenue (annual)
- ₹331.7 Cr
- Net profit (annual)
- ₹38.68 Cr
- Promoter holding
- 62.62%
- FII holding
- 2.54%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Xtranet Technologies Ltd
All →Xtranet Technologies Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 1,097 Mn (+62.8% YoY), EBITDA INR 224 Mn (20.42% margin), PAT INR 137 Mn (+110.8%). Strategy pivots toward owned data centres and proprietary platforms.
Xtranet Technologies Other Announcement
Xtranet Technologies filed its Reg 32 statement for the quarter ended 30 September 2026. It reports no deviation or variation in use of its IPO proceeds.
Xtranet Technologies Q2 FY27 Results: Net Profit ₹13.7 Cr, Up 110.8% YoY
Xtranet Technologies Ltd reported revenue from operations of ₹109.7 Cr (+62.8% YoY) and net profit of ₹13.7 Cr (+110.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹13.7 Cr · +110.8% YoY
Xtranet Technologies Board Meeting Date
Xtranet Technologies' board meets November 2, 2026 to approve September quarter results. Trading window stays closed until 48 hours after results are declared.
Xtranet Technologies Merger & Restructuring
XtraNet Technologies' wholly owned subsidiary, XTRANET DATA CENTRE PRIVATE LIMITED, was incorporated on 22 October 2026. Follows the 9 October intimation; no value is stated.
Xtranet Technologies Merger & Restructuring Worth ₹0.05 Cr
XtraNet Technologies Limited approved the incorporation of a wholly owned subsidiary, XtraNet Data Centre Private Limited. The company will invest Rs.0.05 Crore for 100% initial share capital.
- Value
- ₹0.05 Cr