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Capillary Technologies India Q2 FY27: revenue up 51.0% to ₹271 Cr, net profit down 70.8% to ₹22 Cr

Results · Finvezto · 2 Nov 2026 · Capillary Technologies India (CAPILLARY)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue271+5.8%+51.0%
Operating profit40-2.0%-
Net profit22+328.1%-70.8%
Operating margin14.6%-1.2 pp-
Net margin8.1%+6.1 pp-33.6 pp

Key points

  • Capillary Technologies India Limited reported operating revenue of Rs 271.35 crore for Q2 FY2027, up 51% year-on-year from Rs 179.33 crore, with Adjusted EBITDA rising 103% to Rs 44.86 crore and PAT surging to Rs 21.92 crore from Rs 0.29 crore. NSE filing
  • Growth was driven by existing customer expansion, new enterprise wins, and contribution from SessionM, which reached breakeven following its acquisition. NSE filing
  • Revenue from operations for Q2 FY27 reached INR 271 crores, representing 51% year-on-year growth and 43% on a constant currency basis. Earnings call
  • Adjusted EBITDA for the quarter more than doubled year-on-year to INR 44.8 crores, delivering an adjusted EBITDA margin of 17%. Earnings call

What to watch

  • Management on acquisition payback: We had a slide on this in our earlier results, and that trend seems to be on track even for Cognitiv.
  • Management on organic revenue growth: For now, I would say you know what we've been guiding to right 20% organic growth. I think we should kind of stay in those ballparks for a few quarter or 2 before we can fully say that look, yeah, there is a definite in shift in numbers.
  • Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 13.6%, 16.4%, 15.7%, 14.6%.
  • Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 8, 43, -10, 22.

Links

NSE filing (PDF) · Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.