CSM Technologies profits jump 70% as order book grows
Tue, 21st Jul 2026 (Today)
CSM Technologies reported audited consolidated results for the fourth quarter and full year ended March 31, and its board recommended a final dividend of ₹0.50 per share. The figures mark the company's first full-year results since listing.
For the full year, total income rose 14.0% to ₹228.72 crore from ₹200.63 crore a year earlier. EBITDA increased 56.6% to ₹48.00 crore, while profit after tax climbed 70.2% to ₹24.01 crore from ₹14.10 crore.
Margins also improved. EBITDA margin widened to 21.0% from 15.3%, while profit after tax margin increased to 10.5% from 7.0%. Basic and diluted earnings per share rose to ₹6.10 from ₹3.72.
Yearly profitability included an exceptional charge of ₹2.73 crore related to the statutory impact of India's new Labour Codes. Profit before tax after that charge stood at ₹32.05 crore, compared with ₹20.46 crore a year earlier.
Quarterly performance also strengthened. In the fourth quarter, total income rose 2.61% year on year to ₹61.67 crore, while EBITDA increased 56.03% to ₹16.41 crore. Profit after tax jumped 77.72% to ₹9.30 crore from ₹5.23 crore.
On a quarter-on-quarter basis, fourth-quarter income fell 5.18% from ₹65.04 crore in the preceding quarter. Even so, EBITDA edged up 2.89% from ₹15.95 crore and profit after tax increased 7.27% from ₹8.67 crore.
Fourth-quarter EBITDA margin expanded to 26.6% from 17.5% a year earlier and 24.5% in the previous quarter. Profit after tax margin rose to 15.1% from 8.7% a year earlier and 13.3% in the prior quarter.
The quarter's reported numbers also reflected the exceptional labour code charge. Profit before tax before that one-time item was ₹14.17 crore, up 92.1% year on year.
Order book
CSM's outstanding order book stood at ₹357.63 crore at the end of the financial year. The backlog is more than 1.5 times its FY26 revenue, giving the company visibility over future income.
The business focuses on GovTech work and digital transformation projects across the public and private sectors. It operates in Government & Public Services, Mining & Allied Services, Agriculture & Allied Services, Industry & Trade Facilitation, Education, Healthcare, and Tourism.
CSM also continued to build its presence in India and overseas, particularly in Africa. It has operations in select international markets including the UAE, the United States, and Canada.
Investment spend
During the year, CSM invested ₹10.25 crore in intangible assets under development. It also spent ₹3.17 crore on property, plant and equipment and ₹1.17 crore on capital work-in-progress.
Those investments align with its stated focus on proprietary products and technology platforms. The company also highlighted work in artificial intelligence, machine learning, cybersecurity, cloud, data analytics, and automation.
The proposed final dividend is subject to shareholder approval at the annual general meeting. If approved, it will apply to 5,16,03,472 equity shares for the year.
Management cited operating leverage and project execution as key drivers of the earnings improvement. Margins strengthened despite continued investment in technology and delivery functions.
Priyadarshi Pany, Managing Director & CEO of CSM Technologies, said:
"FY26 has been a strong year for CSM Technologies, with total income growing 14.0% while EBITDA and PAT increased by 56.6% and 70.2%, respectively, reflecting improved operating leverage and execution efficiencies. We continue to strengthen our capabilities across GovTech and enterprise digital transformation while investing in proprietary platforms, AI and data-led solutions. With a healthy order book of ₹357.63 crore, a strengthened balance sheet and an expanding presence across India and international markets, we enter FY27 well positioned to pursue the opportunities ahead and drive sustainable, profitable growth."