EverestIMS software products generated 77% of Fiscal 2026 revenue

EverestIMS Technologies Limited generated Rs 50.0557 crore, or 76.87%, of Rs 65.1239 crore in revenue from operations from software-product sales in Fiscal 2026. EverestIMS records annual cloud-based Software as a Service, or SaaS, subscriptions within services, leaving on-premises licences as its largest disclosed revenue category.

How does EverestIMS make its revenue?

EverestIMS earns operating revenue mainly from software-product sales and services, with hardware reported as a third category in Fiscal 2026. Revenue from operations was Rs 65.1239 crore in Fiscal 2026, compared with Rs 56.5430 crore in Fiscal 2025 and Rs 45.2280 crore in Fiscal 2024. EverestIMS offers both on-premises products and SaaS products hosted on cloud infrastructure and accessed through a web browser.

The distinction is commercial and based on the stated revenue model. Software-product revenue includes licences for on-premises deployments, for which EverestIMS charges a one-time upfront fee on a per-user basis. Services revenue includes annual subscription fees for cloud-deployed SaaS products, which customers can buy directly through the online SaaS platform. Additional licence fees are payable when user numbers increase or customers buy further products, while annual maintenance covers updates and software-licence installation.

The Fiscal 2026 disclosure does not separately quantify SaaS revenue as a share of total operating revenue. SaaS subscriptions are included within the Rs 9.8142 crore services category, but the prospectus does not identify how much of that category came from individual cloud subscriptions. The category reporting therefore distinguishes cloud subscriptions from software-product sales without providing a standalone SaaS figure.

Why do software products account for 77% of EverestIMS revenue?

Software products account for 77% of EverestIMS revenue because on-premises licences produced the largest disclosed category in Fiscal 2026. Domestic software-product sales were Rs 46.7578 crore and export software-product sales were Rs 3.2979 crore, together totalling Rs 50.0557 crore. That total was more than five times services revenue of Rs 9.8142 crore and nearly ten times hardware-product sales of Rs 5.2540 crore.

The licence model relies primarily on channel-led distribution. EverestIMS says its software licences are mainly sold through channel partners and distributors, and that it does not enter licensing agreements with direct customers. Domestic and international channel partners, distributors and sales agents identify prospective customers, jointly qualify and close deals, and serve as the primary intermediaries in customer relationships; EverestIMS and its United States subsidiary, Infran Corp, also conduct direct sales.

A licence sale can create further charges without changing the on-premises licensing structure. EverestIMS charges telecom customers a customization fee for tailoring its Operations Support System, or OSS, module to their requirements. It also charges annual maintenance for software updates and licence installation. Its stated business process includes implementation and configuration after a purchase order, followed by post-sale support, yearly annual maintenance contract, or AMC, renewals and potential sales of additional modules or services.

What changed in EverestIMS’s revenue mix over three fiscal years?

EverestIMS’s operating revenue rose by Rs 19.8959 crore between Fiscal 2024 and Fiscal 2026, while software-product sales increased by Rs 15.3201 crore. Operating revenue increased from Rs 45.2280 crore in Fiscal 2024 to Rs 56.5430 crore in Fiscal 2025 and Rs 65.1239 crore in Fiscal 2026. Software-product sales rose from Rs 34.7362 crore in Fiscal 2024 to Rs 47.9795 crore in Fiscal 2025, then Rs 50.0557 crore in Fiscal 2026.

Services revenue did not rise in a straight line during the same period. Services generated Rs 10.4918 crore in Fiscal 2024, declined to Rs 8.5635 crore in Fiscal 2025 and increased to Rs 9.8142 crore in Fiscal 2026. Hardware-product revenue of Rs 5.2540 crore appeared in Fiscal 2026, while the revenue-breakup table records no hardware-product sales in Fiscal 2025 or Fiscal 2024. Hardware consequently accounted for 8.07% of Fiscal 2026 operating revenue.

India remained the principal market throughout the three disclosed fiscal years. India generated Rs 61.2018 crore, or 93.92%, of Fiscal 2026 revenue from operations, compared with Rs 53.9735 crore, or 95.45%, in Fiscal 2025 and Rs 41.6406 crore, or 92.07%, in Fiscal 2024. The United Arab Emirates was the largest overseas market in Fiscal 2026 at Rs 3.0468 crore, or 4.68%, compared with Rs 0.9726 crore, or 1.72%, in Fiscal 2025.

Which products support the on-premises and cloud offerings?

EverestIMS sells its offerings under the Infrain brand across IT Service Management, IT Infrastructure Management, Network Configuration and Change Management, AI for IT Operations, IT Asset Management and OSS. Its flagship Infran Infinity platform is designed to remotely monitor network devices, servers and applications. EverestIMS says its SaaS and on-premises offerings include artificial-intelligence-enabled product capabilities where applicable.

IT Service Management, or ITSM, includes ticketing, incident and service-level-agreement management, problem management, configuration and change management, and knowledge-base functions. IT Infrastructure Management, or ITIM, includes fault, performance, topology and Internet Protocol address management. EverestIMS describes the on-premises model as software installed, managed and maintained in a customer’s data centre or local infrastructure, while its SaaS offering is cloud hosted and browser accessible.

The other modules expand the functions that can be deployed. Network Configuration and Change Management, or NCCM, tracks network-device changes and supports configuration backup, compliance monitoring and routine-task automation. AI for IT Operations, or AIOps, uses artificial intelligence and machine learning for anomaly detection, event correlation, alarm prediction and capacity planning. OSS is designed for telecom companies and includes network management, service provisioning, centralised visibility and cross-domain correlation.

Conclusion

EverestIMS’s Fiscal 2026 category mix indicates that licence sales remain the central reported source of operating revenue, while cloud subscriptions are grouped with services and hardware is a newly reported category worth Rs 5.2540 crore. The model also has substantial geographic concentration, with India accounting for 93.92% of Fiscal 2026 revenue from operations.

The next disclosed operating markers are yearly AMC renewals and the stated opportunity to sell additional features, modules or services after delivery. EverestIMS’s ability to sustain its licence-led revenue structure also depends on its channel partners and distributors, which the company identifies as the primary route for software-licence sales.