Workmates Core2Cloud Solution Ltd

Workmates Core2Cloud FY26: ₹143 Cr revenue, 33.6% growth, enters FY27 with ₹159 Cr assured recurring revenue 📊

- Revenue from operations: ₹143 Cr (growth 33.6% YoY)

- Recurring revenue: ₹118 Cr (82.5% of total)

- MRR entering FY27: ₹13.25 Cr/month, assured recurring ₹159 Cr

- EBITDA: ₹23.17 Cr (margin 16.2%)

- PAT (consolidated): ₹15.92 Cr (prev yr ₹13.90 Cr)

- Gross margin: 32.79%

- Team grew from 129 to 168 professionals

- Customer retention 95%, billable utilisation 84%

- PPE additions: ₹1,070.25 lakhs (office building ₹902.29 lakhs)

- AWS Premier Tier Partner, IPO subscribed 141.38 times