Pelatro FY26 revenue rose 61%, while EBITDA increased 76%
Key highlights
- Pelatro reported FY26 consolidated revenue growth of 61% and EBITDA growth of 76%.
- Q4 FY26 revenue from operations rose 59% year-on-year to ₹39.10 crore.
- Q4 FY26 EBITDA increased 83% to ₹9.10 crore, with margin improving to 23.26%.
- Pelatro reported 1.5 billion subscribers across 46 telecom networks in 35 countries.
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Pelatro Limited reported FY26 revenue growth of 61% and EBITDA growth of 76%, according to its May 6, 2026 results presentation. In the March quarter, revenue from operations rose 59% year-on-year to ₹39.10 crore, while EBITDA increased 83% to ₹9.10 crore, reflecting improved operating performance.
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What did Pelatro report for FY26?
Pelatro reported consolidated revenue growth of 61% and EBITDA growth of 76% for the year ended March 31, 2026. The company disclosed the annual performance in its Q4 FY26 investor presentation and press release issued on May 6, 2026. The filing described the results as a strong FY26 performance but did not provide the full-year absolute revenue and EBITDA figures in the material provided.
The March 2026 quarter supplied the clearest absolute financial data. Revenue from operations stood at ₹39.10 crore, compared with ₹24.63 crore in Q4 FY25. EBITDA was ₹9.10 crore, up from ₹4.97 crore a year earlier, and profit after tax rose to ₹6.11 crore from ₹3.69 crore.
The operating improvement was also visible in margins. EBITDA margin increased to 23.26% in Q4 FY26 from 20.17% in Q4 FY25, an expansion of 309 basis points. PAT margin was reported at 15.62% for the quarter. These measures show that profit growth in the reported quarter exceeded revenue growth.
How does Pelatro’s telecom platform generate business?
Pelatro is a technology company focused on telecom marketing and customer engagement. Its proprietary mViva platform uses large-scale data analytics and intelligence to help enterprise customers understand subscriber behaviour, run targeted campaigns and improve monetisation. The platform covers analytics, audience segmentation, campaign orchestration, execution and performance reporting.
The company said mViva supports personalised, lifecycle-based customer journeys and uses GenAI, Agentic AI and related patented technologies. In its FY25-26 presentation, Pelatro said the platform served 1.5 billion subscribers through 46 telecom networks across 35 countries. It also reported more than 20,000 campaigns across customers, 11 patents and a workforce of more than 490 employees.
The business model is linked to telecom operators’ need to retain subscribers, increase engagement and manage campaign activity at scale. This makes platform adoption, customer usage and the ability to offer adjacent telecom software products relevant operating factors for Pelatro.
What changed in Pelatro’s business during FY26?
Pelatro expanded its portfolio in FY26 by acquiring Estel Technologies’ Software business. The acquired operations added eTopUp, Sales & Distribution, Voucher Management and Mobile Money solutions, which now operate as the Estel Division. Pelatro has identified this division as its second core growth vertical.
The addition broadens the company’s offering beyond customer engagement software. While mViva addresses subscriber analytics and campaign management, the Estel Division adds products connected with recharge, distribution, vouchers and mobile-money operations. Together, these products address multiple layers of the telecom value chain.
Pelatro also launched the mViva Revenue Acceleration Platform with Agentic AI in March 2026. The company said the product is intended to transform subscriber engagement for telecom operators. The supplied material does not quantify revenue contribution from this launch or from the Estel Division, so their individual financial impact cannot be separated from the reported results.
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What is the latest investor communication from Pelatro?
Pelatro issued an investor presentation on its H1 FY27 results on November 4, 2026, following an October 29 intimation regarding an investor conference call. The call was scheduled for November 5, 2026 at 4:30 pm IST, according to the material provided.
The presentation relates to the half year ended September 30, 2026. The supplied extract refers to financial results for the second quarter and half year, but it does not provide a complete set of H1 FY27 financial figures. A standalone ₹12.57 crore figure appears in the source extract without a clearly identified metric, and therefore cannot be treated as revenue, profit or any other specified financial measure.
The latest presentation continues to describe Pelatro as a global telecom technology company built around mViva. It states that the platform processes data for nearly 1.5 billion consumers across 35 countries. Earlier presentation material for FY24-25 H1 had cited 39 networks across 33 countries and 1.3 billion consumers, indicating that the company’s stated platform footprint has expanded over time.
Why do the FY26 results matter to investors?
The FY26 results matter because revenue, EBITDA and PAT all increased in the March quarter, while EBITDA margin improved by 309 basis points. For investors, the combination of 59% quarterly revenue growth and 83% EBITDA growth provides the reported evidence that operating profit grew faster than revenue in Q4 FY26.
The company’s expansion into Estel software products is also relevant because it creates a second operating vertical alongside mViva. Its commercial significance will depend on execution, customer adoption and the financial contribution disclosed in future results. The supplied information does not state acquisition consideration, segment revenue or a separate profitability measure for the Estel Division.
Pelatro trades on the NSE SME platform under the symbol PELATRO. Shareholding data as of September 30, 2025 showed promoters holding 52.62%, public shareholders holding 43.63%, and FIIs plus DIIs holding 3.75%. A presentation cited a market capitalisation of ₹316.28 crore, a current market price of ₹298.45, and a 52-week high and low of ₹461 and ₹270 respectively, though the specific date for these market figures was not stated in the supplied extract.
Conclusion
Pelatro’s FY26 disclosures showed strong reported growth, with annual revenue up 61% and EBITDA up 76%. The Q4 figures supplied further showed revenue of ₹39.10 crore, EBITDA of ₹9.10 crore and PAT of ₹6.11 crore, alongside a higher EBITDA margin. The company’s telecom software portfolio has also widened through the Estel Division and the Agentic AI-enabled mViva Revenue Acceleration Platform.
Investors will next watch the H1 FY27 results discussion scheduled for November 5, 2026, including any further detail on the September-quarter performance. Important disclosures to monitor include the contribution of the Estel Division, mViva customer and network expansion, margins, and any quantified financial impact from newly launched products.


