Synopsis:
Edvenswa Enterprises posted robust YoY growth in Q1FY26 with revenue up 67.89 percent and net profit rising 96.43 percent. Sequentially, sales improved but PBT fell 20.14 percent. The company also announced the acquisition of a majority stake in Strategemist Global Pvt Ltd to strengthen IT services capabilities.
A technology services stock saw buying interest in Monday’s trade after posting strong year-on-year growth in Q1 earnings and announcing an acquisition to aid expansion. While quarterly sales improved sequentially, profitability trends were mixed on a QoQ basis, keeping investor sentiment cautiously positive.
Edvenswa Enterprises Ltd with a market capitalization of Rs. 131.47 crore, opened at Rs. 44.94 against a previous close of Rs. 42.85. The stock touched an intraday high of Rs. 45.90, marking a 7.12 percent rise from the prior close.
What’s the News?
The company reported its Q1FY26 results alongside the announcement of acquiring a 51 percent stake in newly incorporated Strategemist Global Pvt Ltd. The acquired entity belongs to the IT services and consulting sector, and the transaction is aimed at supporting business expansion, strengthening capabilities in high-growth areas, and creating synergies between the two companies.
Quarter-on-Quarter Performance: Revenue from operations rose from Rs. 32.08 crore in Q4FY25 to Rs. 40.43 crore in Q1FY26, an increase of 26.01 percent. Operating profit remained flat at Rs. 3.88 crore, showing no change compared to the previous quarter. Profit before tax declined from Rs. 4.17 crore to Rs. 3.33 crore, a fall of 20.14 percent. Net profit, however, improved from Rs. 3.88 crore to Rs. 4.40 crore, registering a growth of 13.40 percent.
Year-on-Year Performance: On a yearly comparison, revenue grew sharply from Rs. 24.09 crore in Q1FY25 to Rs. 40.43 crore in Q1FY26, reflecting a 67.89 percent jump. Operating profit increased from Rs. 3.25 crore to Rs. 3.88 crore, up 19.38 percent. Profit before tax rose from Rs. 2.94 crore to Rs. 3.33 crore, an increase of 13.27 percent. Net profit nearly doubled, climbing from Rs. 2.24 crore to Rs. 4.40 crore, a surge of 96.43 percent.
About the Company
Edvenswa Enterprises Limited is an India-based technology solutions provider specializing in prototyping and building scalable applications for startups and enterprises. The company designs, develops, and maintains software systems while offering services such as UI/UX design, rapid prototyping, enterprise application engineering, software quality assurance, social and mobile app development, cloud and DevOps, and R&D partnerships. Its solutions also span data management, big data analytics, robotic process automation, and application integration.
Writtn by Manan Gangwar
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