iValue Infosolutions Q1 FY27: Profit Up, Mix Shifts to Data Center

Gross Sales were INR 641.2 crore (up 5.7% YoY). Operating EBITDA was INR 20.2 crore (up 27.7% YoY) and PAT was INR 15.7 crore (up 51.7% YoY). Revenue from Operations (net basis) was INR 179.7 crore (down 21.1% YoY).

By share of gross sales: Cybersecurity 43.9%, Data Center Infrastructure 22.1%, Information Lifecycle Management 12.5%, and ALM, Cloud and Others 21.5%.

Management attributed the ILM decline to customer budget reallocation toward GPU and data center infrastructure spend driven by AI adoption, describing it as a quarter-to-quarter prioritization effect.

Annuity business refers to renewals and subsequent-year billing from earlier multi-year deals. It was INR 297.2 crore in Q1 FY27, comprising 46.4% of gross sales, and grew 13.7% YoY.

Management reiterated an annual target of about 20% growth in gross sales and PAT. They stated an active pipeline of about INR 6,150 crore and indicated historical win rates of around 30% to 35%.

The CFO stated that around 87% of gross sales comes from India and 13% from outside India in Q1 FY27, with initial revenues noted in Vietnam, Philippines and the Middle East.

Management stated the CEO stepped down due to personal reasons. Sunil Pillai and Krishna Raj Sharma will jointly oversee the responsibility, with Sunil leading India operations and KRS overseeing international operations.