Fidel Softech quarterly revenue rises to Rs 37.9782 crore

Fidel Softech Limited reported consolidated revenue from operations of Rs 37.9782 crore for the quarter ended September 30, 2026, compared with Rs 23.1506 crore a year earlier. Fidel Softech's profit after tax rose to Rs 3.6036 crore from Rs 2.7758 crore, while customers outside India contributed Rs 37.4613 crore of quarterly revenue.

How did Fidel Softech's revenue change in Q2?

Fidel Softech's consolidated revenue from operations increased by Rs 14.8276 crore year on year to Rs 37.9782 crore in the quarter ended September 30, 2026. Revenue was Rs 23.1506 crore in the September 2025 quarter. Total income, which includes other income, rose to Rs 38.9595 crore from Rs 23.8836 crore over the same comparison.

Fidel Softech's revenue was nearly unchanged from Rs 37.9323 crore in the quarter ended June 30, 2026, with the September-quarter figure higher by Rs 4.59 lakh. Other income increased to Rs 98.13 lakh from Rs 59.96 lakh sequentially, taking total income to Rs 38.9595 crore from Rs 38.5319 crore.

Fidel Softech reports one operating segment: Language Technology Services, IT and Consultancy Services. The board approved the unaudited consolidated results on October 30, 2026. The consolidated accounts include Fidel Soft Inc., Fidel Technologies KK, IM Corporation and Techvine Consulting LLC alongside the holding company.

How did Fidel Softech's profit change in Q2?

Fidel Softech's consolidated profit after tax was Rs 3.6036 crore in the September 2026 quarter, compared with Rs 2.7758 crore in the September 2025 quarter. Profit before tax rose to Rs 4.6209 crore from Rs 3.5928 crore, while total tax expense was Rs 1.0173 crore, compared with Rs 81.70 lakh a year earlier.

Fidel Softech's profit after tax also exceeded the Rs 3.1798 crore reported in the June 2026 quarter. Cost of services increased to Rs 14.1405 crore from Rs 10.5464 crore a year earlier, and employee-benefit expense rose to Rs 16.4138 crore from Rs 8.7974 crore. Profit attributable to minority interest was Rs 25.49 lakh in the September 2026 quarter.

For the half year ended September 30, 2026, Fidel Softech reported profit after tax of Rs 6.7834 crore, against Rs 6.4095 crore in the corresponding 2025 period. Profit before tax increased to Rs 8.8926 crore from Rs 8.4339 crore. Finance cost was Rs 61.26 lakh, compared with Rs 12.99 lakh, while depreciation and amortisation expense was Rs 1.1355 crore, compared with Rs 12.22 lakh.

Where did Fidel Softech earn its revenue?

Fidel Softech earned most of its September-quarter revenue from customers outside India, reporting Rs 37.4613 crore in overseas revenue versus Rs 51.09 lakh within India. Overseas revenue was Rs 22.0824 crore in the September 2025 quarter, while domestic revenue was Rs 1.0683 crore. The geographical classification is based on the location of customers.

Fidel Softech's overseas revenue was also close to the Rs 37.38 crore reported in the June 2026 quarter. Revenue within India was Rs 55.23 lakh in that preceding quarter, compared with Rs 51.09 lakh in the September 2026 quarter. The sequential revenue change was therefore concentrated in overseas customer markets rather than the domestic market.

For the half year ended September 30, 2026, Fidel Softech reported revenue outside India of Rs 74.8413 crore, compared with Rs 38.0967 crore in the corresponding 2025 half year. Domestic revenue was Rs 1.0692 crore, down from Rs 1.6921 crore. The half-year geographical figures show that the increase in reported revenue came from customers outside India.

What changed in Fidel Softech's assets and borrowings?

Fidel Softech's consolidated assets increased to Rs 120.9958 crore at September 30, 2026 from Rs 119.1474 crore at March 31, 2026. Assets attributed to India rose to Rs 65.0501 crore from Rs 37.7918 crore, while assets outside India declined to Rs 36.3886 crore from Rs 61.9042 crore. Unallocable assets were Rs 19.5571 crore, compared with Rs 19.4514 crore.

Fidel Softech's long-term borrowings fell to Rs 32.2767 crore at September 30 from Rs 35.3799 crore at March 31. Short-term borrowings increased to Rs 10.8005 crore from Rs 7.4877 crore. Combined borrowings across these two categories were Rs 43.0772 crore at September-end, compared with Rs 42.8676 crore at the end of March.

Fidel Softech's trade receivables increased to Rs 28.0778 crore from Rs 26.9332 crore during the six months to September 30. Current investments declined to Rs 16.6447 crore from Rs 21.6391 crore, while cash and bank balances increased to Rs 14.7333 crore from Rs 12.4658 crore. Trade payables to creditors other than micro and small enterprises fell to Rs 5.2862 crore from Rs 8.3131 crore.

How did Fidel Softech's cash flow and working capital move?

Fidel Softech reported net cash from operating activities of Rs 2.1953 crore for the half year ended September 30, 2026, compared with Rs 4.1768 crore in the corresponding 2025 period. Cash used in operations before income-tax payments was Rs 4.4102 crore, versus Rs 6.2347 crore, and income tax paid was Rs 2.2149 crore, compared with Rs 2.0579 crore.

Fidel Softech's working-capital movements included a Rs 1.1446 crore increase in trade receivables, a Rs 1.7807 crore increase in other current assets and a Rs 3.0136 crore reduction in trade payables. These movements reduced cash available from operations. An increase of Rs 49.24 lakh in other current liabilities and Rs 48.75 lakh in short-term provisions partly offset the cash effects.

Fidel Softech generated Rs 3.569 crore from investing activities in the 2026 half year, compared with an investing outflow of Rs 16.8701 crore in the 2025 half year. The earlier period included Rs 17.552 crore paid for acquisition of business. Financing activities used Rs 3.4969 crore in the latest half year, including Rs 3.0939 crore of dividend payments, compared with Rs 15.6525 crore generated from financing activities a year earlier.

Conclusion

Fidel Softech's September 2026 results combined higher consolidated quarterly revenue of Rs 37.9782 crore with profit after tax of Rs 3.6036 crore. Revenue outside India of Rs 37.4613 crore accounted for almost all quarterly sales, while the half-year balance-sheet movements included higher receivables, lower long-term borrowings and higher short-term borrowings.

The filing discloses no revenue target, acquisition plan or scheduled future results date. Future disclosures can be assessed against the September 30, 2026 positions in trade receivables of Rs 28.0778 crore, short-term borrowings of Rs 10.8005 crore and net operating cash flow of Rs 2.1953 crore for the half year.