Updater Services Ltd

Updater Services Ltd FY26 Highlights: Strong Revenue Growth & Strategic Tech Investments 🚀

- Operates across 56 locations in India/overseas, managing 200 Mn. sq. ft. of space.

- FY26 Revenue: ₹29,602 Mn.; PAT: ₹828 Mn.

- IFM segment achieved highest-ever revenue but faced margin pressures from new contracts & tech spend.

- BSS segments (Denave, Athena BPO) grew margins through AI/automation investments.

- 95% customer retention rate over 5 years.

- Net Debt to Equity ratio: -0.24X (strong balance sheet).

- CSR focuses on digital education for special-needs children & eco-friendly products by marginalized women.

- Industry growth outlook: 10.8% CAGR (IFM) & 15.3% CAGR (BSS) from FY23-FY28P.