TRACXN

Tracxn Technologies financials

Market cap: ₹320 Cr
Sector: Services
Calls analysed: 6

Latest concall · Q1 FY27 · call held 06 Aug 2026

Tracxn Technologies Limited Q1 FY27

Revenue from Operations ₹21.1 cr EBITDA ₹-4.2 cr PAT ₹-3 cr

What went well

Revenue from operations grew 2.9% QoQ to ₹21.1 crore, indicating a positive trend after a period of stagnation.
Customer accounts grew 16% YoY to 2,350, and users grew 22% YoY to 6,534, demonstrating healthy volume growth.
Deferred revenue reached an all-time high of ₹38.8 crore, increasing 6% QoQ, signaling strong future revenue visibility.

What to watch

EBITDA was negative ₹4.2 crore and PAT was negative ₹3 crore for the quarter, reflecting continued investment in growth.
Free cash flow for the quarter was negative ₹2.2 crore.

Read the full call →

Guidance record · Q1 FY27

what the last two calls moved 11 tracked 2 delivered 3 missed 6 open

Data Coverage delivered said Q2 FY26 Promised: going to become live, you know, in Q3. So before the end of the year, that will become live. Q1 FY27: Promise was achieved in Q3 FY26. No new updates.
Revenue Growth missed said Q4 FY25 Promised: expect this revenue growth to continue and further accelerate in FY26 Q1 FY27: This promise for FY26 was definitively missed, as confirmed in the previous quarter's results. No new updates.
Geographic Expansion on track said Q4 FY25 Promised: replicate it to other geographies as well so that we can start seeing similar acceleration Q1 FY27: International revenue growth turned positive at 1.4% QoQ, reversing the previous decline. Management is replicating the India playbook and expects notable improvement in coming quarters.

All 11 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue down 0.6%, net profit down 368.7% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	21	21	21	21	21 −1%	21 −2%	20 −3%	21 −1%
Expenses	20	21	22	21	22	23	25	25
EBITDA	1	0	-1	-0	-1 −162%	-2 −478%	-4 −396%	-4 −2015%
Margin	4%	2%	-4%	-1%	-3%	-8%	-20%	-20%
Other income	1	2	2	2	1	1	1	2
Interest	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	2	2	1	1	1 −73%	-1 −159%	-3 −493%	-3 −291%
Tax rate	301%	26%	1154%	23%	983%	-27%	-7%	9%
Net profit	-5	1	-8	1	-6 −19%	-1 −157%	-3 +65%	-3 −369%
EPS	-0.44	0.13	-0.71	0.10	-0.52	-0.08	-0.25	-0.28

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −37.7% 1Y

1Y: ₹51.19 on 10 Sept 2025 → ₹31.9. High ₹55.28 (16 Oct 2025), low ₹25.99 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27: −1.7%; 6 Aug
Q4 FY26: +1.3%; 25 May
Q3 FY26: −3.9%; 5 Feb
Q2 FY26: −6.8%; 5 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 2.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to -7.8%.

Year ending	FY23	FY24	FY25	FY26
Revenue	₹78 Cr	₹83 Cr	₹84 Cr	₹84 Cr
Operating profit	₹3 Cr	₹5 Cr	₹1 Cr	₹-7 Cr
Operating margin	3.3%	5.5%	1.0%	-7.8%
Interest	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Depreciation	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Net profit	₹33 Cr	₹7 Cr	₹-10 Cr	₹-8 Cr
Net margin	42.4%	7.9%	-11.3%	-9.4%
Cash from operations	₹15 Cr	₹11 Cr	₹15 Cr	₹-3 Cr
Free cash flow	₹15 Cr	₹11 Cr	₹14 Cr	₹-4 Cr

How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year ending	FY21	FY22	FY23	FY24	FY25	FY26
Equity capital	₹0 Cr	₹10 Cr	₹10 Cr	₹10 Cr	₹11 Cr	₹11 Cr
Reserves	₹21 Cr	₹11 Cr	₹50 Cr	₹61 Cr	₹44 Cr	₹42 Cr
Borrowings	₹1 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Other liabilities	₹26 Cr	₹33 Cr	₹38 Cr	₹42 Cr	₹44 Cr	₹46 Cr
Total liabilities	₹48 Cr	₹54 Cr	₹97 Cr	₹113 Cr	₹99 Cr	₹98 Cr
Fixed assets	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Capital work in progress	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Investments	₹17 Cr	₹16 Cr	₹37 Cr	₹68 Cr	₹88 Cr	₹87 Cr
Other assets	₹31 Cr	₹37 Cr	₹60 Cr	₹45 Cr	₹11 Cr	₹11 Cr
Total assets	₹48 Cr	₹54 Cr	₹97 Cr	₹113 Cr	₹99 Cr	₹98 Cr

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

All earnings calls (6)

Read the Q1 FY27 call →

Learn to analyse Tracxn Technologies Limited

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