THEBUSINESSBYTES
BUREAU
BHUBANESWAR,
JULY 21, 2026
CSM Technologies
Ltd., the Bhubaneswar-headquartered GovTech and digital transformation company,
has reported a robust financial performance for the financial year 2025-26 (FY26),
with profit after tax rising 70.2 per cent year-on-year (YoY) to ₹24.01 crore on the back of improved
operating efficiencies, expanding margins and sustained demand for its
technology-led solutions. The company also entered FY27 with a healthy order
book of ₹357.63 crore, providing strong
revenue visibility and reinforcing confidence in its long-term growth
trajectory.
In its first full
financial year after listing on the stock exchanges, CSM reported a 14 per cent
increase in total income to ₹228.72
crore, while EBITDA surged 56.6 per cent to ₹48 crore. The EBITDA margin expanded sharply by 571 basis
points to 21 per cent, reflecting better execution, delivery efficiencies and
operating leverage despite continued investments in technology platforms
and innovation. Earnings per share rose 64 per cent to ₹6.10 from ₹3.72 in the previous
financial year.
The company capped
the year with a strong fourth-quarter (Q4) performance as net profit climbed
77.7 per cent year-on-year to ₹9.30
crore, while EBITDA grew 56 per cent to ₹16.41 crore. Quarterly EBITDA margin
improved to 26.6 per cent from 17.5 per cent a year earlier, and PAT margin
expanded to 15.1 per cent. The quarterly results included a one-time
exceptional charge of ₹2.73 crore arising from the statutory
impact of the new Labour Codes. Excluding this charge, profit before tax for
the quarter registered an impressive 92.1 per cent growth over the
corresponding period last year.
Reflecting confidence
in the company's financial position, the Board of Directors has recommended a
final dividend of ₹0.50
per equity share for FY26, subject to shareholders' approval at the forthcoming
Annual General Meeting.
Commenting on the
performance, Managing Director and Chief Executive Officer Priyadarshi Pany
said, “FY26 has been a strong year for CSM Technologies, with total income
growing 14.0 per cent while EBITDA and PAT increased by 56.6 per cent and 70.2 per
cent, respectively, reflecting improved operating leverage and execution
efficiencies. We continue to strengthen our capabilities across GovTech and
enterprise digital transformation while investing in proprietary platforms, AI
and data-led solutions. With a healthy order book of ₹357.63 crore, a strengthened balance
sheet and an expanding presence across India and international markets, we
enter FY27 well positioned to pursue the opportunities ahead and drive
sustainable, profitable growth.”
The company's
outstanding order book stood at ₹357.63 crore as of March 31, 2026, equivalent to more
than one-and-a-half times its FY26 revenue, providing significant
revenue visibility. During the year, CSM invested ₹10.25 crore in developing
proprietary intangible assets while allocating additional capital towards
infrastructure and technology capabilities to support future expansion.
CSM also continued to deepen its presence across India while expanding its footprint in overseas markets, particularly Africa, alongside operations in the UAE, the United States and Canada. The company provides digital transformation solutions across sectors including government and public services, mining, agriculture, industry and trade facilitation, education, healthcare and tourism.
With sustained investments in Artificial Intelligence, Machine Learning, Cloud Computing, cybersecurity, automation and advanced analytics, coupled with expanding operating margins and a sizeable order backlog, CSM Technologies is well placed to strengthen its position in the fast-growing GovTech and enterprise digital transformation space while delivering sustained value to shareholders.
