Seshaasai Technologies Limited · NSE:STYL
Seshaasai Technologies — Q1 FY27 Earnings Presentation
32 slides from Seshaasai Technologies's earnings presentation, Jul 23, 2026
Slide 1: Stock exchange covering letter for Q1FY27 investor presentation
July 23, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Mumbai - 400051 Scrip Code: 544533 Symbol: STYL Dear Sirs, Sub: Q1FY27 Earn
Slide 2: Investor Presentation Q1FY27
PAYMENT SOLUTIONS Investor COMMUNICATION Presentation Q1FY27 & FULFILMENT SOLUTIONS (CFS) July 23, 2026 IoT SOLUTIONS Seshaasai Technologies Limited
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Seshaasai Technologies Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Table of Contents
KEY 1 HIGHLIGHTS COMPANY 2 BACKGROUND TABLE OF 3 FINANCIAL OVERVIEW CONTENTS INVESTMENT 4 RATIONALE IPO FUNDS 5 UTILISATION
Slide 5: Key Highlights
01 Key Highlights Q1FY27
Slide 6: Key Financial Highlights – Q1FY27
Key Financial Highlights – Q1FY27 Q1FY27 vs Q1FY26 - YoY REVENUE ₹ 3,764.7 mn 41.7% 25.1% ↑ 21.1% YoY GROSS ↓ 286 bps YoY EBITDA ↑ 135 bps YoY FROM MARGIN MARGIN OPERATIONS ₹ 3,108.7 mn for Q1FY26 44.5% for Q1FY26 23.7% for Q1FY26 ₹ 944.1 mn OPERTATING ₹ 873.1 mn | 23.2% ₹ 603.4 mn | 16.0% EBITDA ↑
Slide 7: Company Background
02 Company Background
Slide 8: A Partner Through Life’s Evolution
A Partner Through Life’s Evolution National ID Cards Pension Statements Savings Account Early Stages Retirement Passbook Bank Statement A steady Partner Health Policy Through Life’s Evolution Learning Growth Wealth Certificate Career Management Kit Smart ID Payment RFID Solar Panel Card Travel Card
Slide 9: Seshaasai at a Glance (1/2)
Seshaasai at a Glance (1/2) WIDE RANGE OF OFFERINGS Payment Solutions Communication & Fulfilment Solutions IoT Solutions Metal Cards Biometric Cards Data Loggers End-to-End powered by Safe, Secure and Proprietary Platforms Indian Banks Global Payment Payment Card Industry International Organization
Slide 10: Seshaasai at a Glance (2/2)
Seshaasai at a Glance (2/2) Client Base Manufacturing Facilities 24 7 6 2 Manufacturing Units Locations States R&D Labs Pan India Financial Performance Revenue from Operations (₹ Mn) EBITDA Margin (%) PAT Margin % 15,583 17% 27% 15% 25% 14,632 19% 11% 14,411 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 F
Slide 11: Financial Overview
03 Financial Overview
Slide 12: Business Performance Q1FY27 - Payment Solutions
Business Performance Q1FY27-Payment Solutions REVENUES (₹ in mn) • Retained our wallet share with our top 10 customers. 1,984 1,919 • Top 10 customers contributed 73% of the revenue for Q1 FY27 against 81.35% for Q1FY26. 1,793 1,582 1,498 • Added 3 new accounts in Q1FY27 in Payment cards across Bank
Slide 13: Business Performance Q1FY27 - Communication & Fulfilment Solutions
Business Performance Q1FY27-Communication & Fulfilment Solutions(CFS) REVENUES (₹ in mn) • Continued increasing wallet share with our existing customers. 1,607 1,327 1,362 1,488 • Top 10 customers contributed 77.16% of the revenue for Q1FY27 against 81.60% for Q1FY26. 1,318 • Added 4 new enterprise
Slide 14: Business Performance Q1FY27 - IoT Solutions
Business Performance Q1FY27-IoT Solutions (Figures in INR Million) 674 Revenues (₹ in mn) • Business volumes for one of the largest Indian retailer has ramped up and stabilized. 499 • 13 new accounts added in Q1FY27 across industries. 379 384 • Increased capacity across existing locations for RFID t
Slide 15: Financial Performance – Q1FY27 (1/2)
Financial Performance – Q1FY27 (1/2) (Figures in INR Million) Operating Revenue Gross Margin (%) EBITDA Margin (%) PAT Margin (%) YOY + 21.1% YOY +13.3% YOY +28.0% YOY +63.8% 818 4,042 1,897 1,245 603 3,765 1,568 3,109 944 1,384 738 368 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27
Slide 16: Financial Performance – Q1FY27 (2/2)
Financial Performance – Q1FY27 (2/2) (Figures in INR Million) Operating Revenue (In ₹ Million) 85 16 539 77 50 14 674 1062 1538 276 4435 4345 1488 5611 1318 10524 9147 7196 1498 1582 FY24 FY25 FY26 Q1FY26 Q1FY27 Revenue breakup across BFSI & Non-BFSI Customers (%) Client Concentration (%) 17% 17% 15
Slide 17: Consolidated Financial Summary – Q1FY27 - YoY
Consolidated Financial Summary – Q1FY27 - YoY (1/2) (Figures in INR Million) Q1FY27 Q1FY26 Δ (YoY) % Particulars REMARKS ₹ Mn ₹ Mn ₹ Mn Change Revenue from Operations 3,764.7 3,108.7 656.0 +21.1% • Revenue from operations grew by 21.1% YoY and Total Income grew by 22.5%, supported by healthy executi
Slide 18: Consolidated Financial Summary – Q1FY27 - QoQ
Consolidated Financial Summary – Q1FY27 - QoQ (2/2) (Figures in INR Million) Q1FY27 Q4FY26 Δ (QoQ) % Particulars REMARKS ₹ Mn ₹ Mn ₹ Mn Change Revenue from Operations 3,764.7 4,041.8 (277.1) -6.9% • Sequentially, revenue from operations stood at ₹3,764.7 Mn in Q1FY27 compared with ₹4,041.8 Mn in Q4F
Slide 19: Investment Rationale
04 Investment Rationale
Slide 20: Investment Rationale
Investment Rationale 31.9% Market Share Established Leadership Position in the Large and Regulated Payment Solutions Industry with for credit and debit cards issuance in 1 High Barriers to Entry India in FY25 1057 (New 263) Total customers 2 Long Standing Relationships with a Large Customer Base As
Slide 21: Established Leadership Position with High Barriers to Entry
Established Leadership Position in the Large and Regulated Payment Solutions Industry with High 1 Barriers to Entry Established Leadership High Barriers to Entry Capital-Intensive Equipment and 31.9% Market Share in FY25# 80+ No of Banks & Fintechs served 1 Technology 10 of 12 PSU Banks served 15 of
Slide 22: Long Standing Relationships with a Large Customer Base
2 Long Standing Relationships with a Large Customer Base Customers have a New Customers Total Customers as 8 of 1057 Partnership Vintage 263 added during of Q1FY27 top 10 over 10 years Q1FY27 Revenue from Revenue from Top 5 Revenue from Top 10 14.6% Largest Customer 42.1% Customers during 56.0% Cust
Slide 23: Payment Solutions - Comprehensive Card Offerings
3A Payment Solutions-Comprehensive Card Offerings Hybrid Metal Card Metal Edge Card Metal Insert Cards Biometric Cards Payment Wearables Payment Stickers 22
Slide 24: Communication & Fulfilment Solutions - Our Offerings
Communication & Fulfilment Solutions 3B Driving Efficiency in Communications and Fulfilment for BFSI Clients Our Offerings Insurance Personalized Passbooks Digital Courseware Integrated Citizen and Health policies and letters communication and office Logistics tax identity cards statements (SMS/Emai
Slide 25: IoT Solutions
IoT Solutions 3C Integrating Technologies with the Automation Needs of the Industry Passive Tags Active Tags Empowering Digital Transformation Automation Hardware Platforms 24
Slide 26: Proprietary Technology Stack Enabling Bespoke Solutions
4 Proprietary Technology Stack Enabling Bespoke Solutions izeIoT is Seshaasai’s proprietary IoT platform that connects devices, collects secure data, and powers traceability and analytics across industries. It integrates with RFID systems and uses communication technologies like GPS, GSM, Wi-Fi, BLE
Slide 27: Pan-India Advanced Manufacturing Capabilities
5 Pan-India Advanced Manufacturing Capabilities 26
Slide 28: Experienced Promoters and Senior Management Team
Experienced Promoters and Senior Management Team 6A Backed by Committed Employee Base Pragnyat Pravin Lalwani Gautam Sampatraj Jain Chairman & Managing Director Whole-time Director Experience: 33+ years Experience: 33+ years • He holds a bachelor’s degree in Science from Sri • He holds a bachelor’s
Slide 29: Senior Management Team and Board of Directors
Experienced Promoters and Senior Management Team 6B Backed by Committed Employee Base Senior Management Team backed by Committed Employee Base Venkat Sandhi Pawan Kumar Bosco Mascarenhas Satyanarayana Sandeep Khurana Pillalamarri Tangella Head, Business Development Head, Information Technology Chief
Slide 30: IPO Funds Utilisation
05 IPO Funds Utilisation
Slide 31: IPO Funds Utilisation Update (Q1FY27)
IPO Funds Utilisation Update (Q1FY27) Amount as per offer As at beginning of As at end of the Unutilized During the quarter document the quarter quarter amount # Objects (₹ Mn) (₹ Mn) (₹ Mn) (₹ Mn) (₹ Mn) (C) (A) (B) (B+C) (A-B-C) 1 Capex 1,979.1 550.6 67.7 618.2 1,361.0 2 Repayment of Borrowings 3,
Slide 32: Thank you
Thank you For Further Information, Please Contact: Asha Gupta - asha.gupta@in.ey.com Pratik Jagtap – pratik.jagtap@in.ey.com Manali Shah - companysecretary@seshaasai.com
Seshaasai Technologies — Q1 FY27 Earnings Presentation on 6ix