Birlasoft Q2FY26: Profit down 9% YoY, ₹2.50 dividend

Stock in focus as price drifts below 52-week peak

Birlasoft has been on investors’ radar after a mixed set of reported financial and trading updates, alongside multiple references to its 52-week range across market trackers. The stock was cited at around ₹300 on June 25, 2026, and several data points in the provided information show it trading meaningfully below its reported 52-week high.

The developments matter for investors tracking mid-cap IT services names where quarterly execution, margins, and cash conversion often drive near-term sentiment. The same set of notes also contains management commentary pointing to a challenging demand environment, with pockets of strength in Manufacturing and pressure in Banking and Financial Services.

Latest traded price and day move

Birlasoft was reported trading at ₹300.75 on Thu Jun 25 2026 10:10:00, described as 2.37% lower than the previous close of ₹308.05. Another price line in the data set shows ₹300.70 with a change of -7.20 (-2.34%), and “Today: 300.20” appears as an additional intraday reference.

These snapshots indicate a weak session around that date, with the stock hovering near the low-₹300 zone. Separately, the material also includes another price update showing the stock moving up 3.07% from ₹348.60 to ₹359.30, suggesting these were captured at different times.

52-week range: multiple references across sources

The provided data includes more than one 52-week high and low pair for Birlasoft:

• A 52-week high of ₹474.00 and a 52-week low of ₹300.10 are cited in one section.
• Another section states the 52-week high as ₹473.75 and the 52-week low as ₹306.35.
• A separate line states “52-Wk: 306.35 473.75”.

One tracker also notes the price is “36.56% away from 52 week high.” Another block lists “Upside 57.63%” and “Downside 0.20%” along with the 52-week low-high range of ₹300.10 to ₹474.00.

Q2FY26 results: revenue up sequentially, margins improve

Birlasoft’s Q2FY26 results were presented with a clear sequential improvement in revenue and profitability metrics. The quarterly result summary lists revenue at ₹1,328.9 crore (₹13,289 million), up 3.4% quarter-on-quarter.

EBITDA was reported at ₹213.3 crore (₹2,133 million), with an EBITDA margin of 16.0%. The notes also refer to a margin move from 12.4% in Q1 to about 16% in Q2, describing margins as a key highlight for the quarter.

In a separate results headline dated 6 Nov 2025, Birlasoft’s Q2 results were described as showing a 9.3% YoY decline in net profit to ₹116 crore, with revenue slightly down to ₹1,328 crore, while both metrics improved sequentially from Q1.

Profit, adjusted profit and per-share payout

For Q2FY26, profit after tax (PAT) was listed at ₹116.1 crore (₹1,161 million), translating to basic EPS (not annualised) of ₹4.16. Adjusted PAT was reported at ₹147.7 crore (₹1,477 million), translating to basic EPS (not annualised) of ₹5.28.

In the same materials, another profit data point states PAT reached ₹175.9 crore (₹1,759 million), growing 44.1% YoY from ₹122.1 crore (₹1,221 million) and 46.7% QoQ from ₹119.9 crore (₹1,199 million). The notes also state adjusted PAT for the quarter stood at ₹201.9 crore (₹2,019 million) after excluding the impact of a one-time incremental tax for FY26.

The results headline also mentions an interim dividend of ₹2.50 per share.

Cash, collections and working capital indicators

The quarter summary reports cash and cash equivalents at ₹2,343.4 crore (₹23,434 million), up 2.5% QoQ and 26.1% YoY. Additional operational indicators in the provided transcript note quarterly collections at about 166.7 million (currency not specified in the transcript segment) and DSO at 55 days.

These points, taken together, indicate management focus on cash generation and collection efficiency as part of the quarter’s operational narrative.

Management commentary: sector mix and operating model shift

Management commentary in the notes references “stable revenue growth of 0.3% in constant currency,” with significant gains in the Manufacturing sector and challenges in Banking and Financial Services. The company was also described as strategically shifting towards a managed services model to enhance operational efficiency amid pricing pressure and a higher effective tax rate.

The same section mentions optimism around future order bookings, with expectations for a 10%-20% increase in Q4, supported by a robust pipeline and investments in AI capabilities. It also notes healthcare headwinds and a recovery phase for Data and Digital after recent declines.

Stock reactions: F&O ban removal and an older earnings-day drop

The material notes that Birlasoft share price increased over 4% after its removal from the F&O ban list. Separately, an older trading-day description states Birlasoft shares dropped over 6% to ₹472.40 during intraday trading on February 12 after the release of its December quarter results, with the stock opening at ₹484.95 versus a previous close of ₹504.70.

These reactions show how liquidity and derivatives-related events, along with quarterly earnings, have influenced the stock’s short-term moves in different periods.

Key reported numbers at a glance

What investors may track next

The notes point to a continuing emphasis on margin expansion, cash conversion and a shift in operating model towards managed services. Investors are also likely to track how the sector mix evolves, particularly the balance between Manufacturing-led strength and weakness in Banking and Financial Services referenced in the management commentary.

On the market side, the stock’s position versus the reported 52-week high near ₹474, and its trading near ₹300 in the latest snapshot, keeps attention on whether execution and order-flow updates support a sustained re-rating. The next set of company updates and any future commentary on order bookings, pipeline and pricing pressure will be key reference points, given the expectations mentioned for Q4 order growth.