FIDEL

What Fidel Softech promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 9 tracked 4 delivered 3 missed 2 open
  • Revenue Growth delivered said Q4 FY25 Promised: 30-40% top-line growth in FY26 Q4 FY26: Full-year FY26 revenue grew 85% YoY to INR 102.35 crores, significantly exceeding the guidance.
  • EBIT Margin missed said Q2 FY26 Promised: retain our traditional levels of EBITDA or EBIT margin (19-20%) Q4 FY26: FY26 EBIT margin was 18.8%. Management also stated a strategic shift to prioritize growth over margins, effectively diluting the original commitment.
  • PAT Margin at risk said Q4 FY25 Promised: improve it further from single digit (2-3%) Q4 FY26: Stated that 53% of revenue (US/Japan) yields single-digit margins, framing it as a future opportunity. No concrete improvement has been demonstrated after one year.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 9 tracked commitments for Fidel Softech — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens