Workmates Core2cloud Solution Ltd (544610) — concall transcript | 31 March 2026

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Workmates Core2Cloud posted FY26 revenue of INR 143 crores, up 34% YoY, with 82.5% recurring revenue and PAT of INR 15.92 crores, targeting INR 210 crores for FY27.
🔄 What Changed
Revenue grew 34% YoY to INR 143 crores, PAT reached INR 15.92 crores, and FY27 revenue target set at INR 210 crores with INR 190.56 crores already contracted.
🔮 What's Next
INR 210 crores revenue target for FY27, with INR 190.56 crores contracted and pipeline to bridge INR 19.44 crores gap; PAT margin expansion to INR 24-25 crores; AWS Premier Tier partnership emphasized for growth.
💡 Investor Takeaway
The company is scaling AI and cloud services through AWS partnership, targeting significant revenue growth and margin expansion while maintaining high recurring revenue and client retention.

Workmates Core2Cloud reported FY26 revenue of INR 143 crores, up 34% YoY, with 82.5% recurring revenue and PAT of INR 15.92 crores. Management targets INR 210 crores revenue for FY27, with INR 190.56 crores already contracted, and aims for PAT margin expansion to INR 24-25 crores. Strategic focus includes AI-driven cloud services, AWS Premier Tier partnership, and enterprise expansion, supported by strong client retention (95%) and billable utilization at 84%.

📄 View Original Announcement (PDF)

About Workmates Core2cloud Solution Ltd (544610)

Information Technology · IT - Software · Listed on BSE

Market Cap: ₹565.59 Cr Div Yield: 0.46%

View full 544610 stock details →

📡 Get AI alerts when 544610 files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track 544610 — Free

📊 More 544610 filings

See all 544610 filings →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts for your stocks — summarized by AI daily

Set up your AI Radar — pick stocks, get daily email summaries of new filings.

Set up AI Radar — Free

Free account · 2 AI queries/day