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ArMee Infotech Swings to Q1 Profit as EBITDA Surges
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CNBC TV18•17-10-2026, 13:36
ArMee Infotech Swings to Q1 Profit as EBITDA Surges
  • •ArMee Infotech reported a consolidated net profit of ₹1.82 crore for Q1 FY27, turning around from a loss of ₹35 lakh in the same period last year.
  • •Consolidated revenue from operations increased by 1.66% year on year to ₹275.79 crore, while EBITDA jumped 128.62% to ₹6.95 crore.
  • •Despite the strong profit growth, company shares closed at ₹260.60, remaining roughly 30.5% below its final IPO issue price of ₹375.
  • •The company is expanding into renewable energy and recently secured a major 250 MW/500 MWh BESS project from MSEDCL.
  • •Management highlighted disciplined execution, operational efficiency, and a continued focus on its core IT infrastructure and renewable portfolios.

Key Questions Answered

On a consolidated basis, ArMee Infotech reported a 1.66% rise in revenue to ₹275.79 crore for Q1 FY27, while net profit swung to ₹1.82 crore from a loss of ₹35 lakh in the previous year. Consolidated EBITDA more than doubled to ₹6.95 crore, and the EBITDA margin expanded to 2.52%.

ArMee Infotech shares closed at ₹260.60 on the BSE on Friday, October 16, which is approximately 30.5% below its final initial public offering issue price of ₹375 per share. The ₹300-crore IPO had initially listed flat at ₹375 on the NSE and at a slight discount on the BSE.

ArMee Infotech is expanding into solar infrastructure and battery energy storage systems, having secured a major 250 MW/500 MWh BESS project from MSEDCL under the Viability Gap Funding scheme. Additionally, the company incorporated a wholly owned subsidiary, ArMee MH One Renewable Energy Private Limited, to develop and maintain solar power projects.