SESHAASAI TECHNOLOGIES L

Seshaasai Technologies Limited reported a strong start to FY27 during its Q1 earnings conference call, with a revenue growth of 21.1% year-on-year. Management noted some pressure on gross margins due to rising material costs but highlighted growth in EBITDA and maintained healthy margins through disciplined execution. The company experienced healthy demand across key business verticals, particularly in payment solutions, communication and fulfillment, and IoT solutions, with the latter showing a significant growth of 145% year-on-year. Management mentioned ongoing investments in innovation and technology, with new facilities in Nagpur and Bengaluru under construction. The company secured multi-year tenders from leading PSU banks, contributing approximately INR 73 crores in revenue. Despite geopolitical uncertainties and cost pressures, management expressed confidence in the strength of their diversified revenue mix and customer relationships, guiding toward a medium-term revenue growth goal of 8% to 12%.

Management emphasized strong revenue growth and healthy demand across business segments.