Sasken Technologies Ltd. Reports Strong FY26 Growth

Sasken Technologies has reported a significant leap in its financial performance for fiscal year 2026, with consolidated revenue climbing 102.1% year-over-year to ₹1,113.17 crore. This substantial growth was driven by a combination of strategic acquisitions and strong organic expansion.

The company's profit after tax for FY26 stood at ₹58.65 crore, an increase of 16.1% compared to the previous year. Performance in the fourth quarter was particularly robust, with PAT jumping 152.1% to ₹29.00 crore.

Key to this performance was the successful integration of acquisitions, including Borqs Technologies' India operations, which bolster Sasken's capabilities in telematics and connected mobility. The company is strategically focusing on digital engineering and embedding artificial intelligence (AI) across its client deliveries and internal processes. This "Chip-to-Cognition" strategy positions Sasken to capitalize on emerging trends in critical sectors like semiconductors and automotive.

Sasken also announced the securing of new multi-million dollar deals totaling $35.4 million. These new business wins are expected to enhance the company's order book and provide clear visibility for future revenue streams, particularly within its AI and automotive focus areas.

Shareholders are set to benefit from a recommended final dividend of ₹13 per share, bringing the total dividend for FY26 to ₹25 per share. This payout reflects the company's solid financial standing and commitment to returning value to its investors.

Outlook and Risks

Looking ahead, Sasken's Products segment faces a cautious near-term outlook due to ongoing industry supply-chain challenges. Furthermore, like all companies issuing forward-looking statements, future growth is subject to general market risks and uncertainties.

Peer Landscape

In the competitive landscape, Tata Elxsi is recognized for its leadership in design and technology services across automotive and media, emphasizing innovation in digital product engineering. KPIT Technologies focuses on automotive software and embedded systems, particularly for new-age mobility solutions such as EVs and autonomous driving. Sasken's recent performance highlights its strategic diversification into broader digital engineering while maintaining its core technology strengths.

What to Track Next

Key areas for investors to monitor include:

• Shareholder approval for the proposed final dividend at the upcoming Annual General Meeting.
• The ongoing execution and impact of the new multi-million dollar deals.
• Sasken's progress in developing and embedding AI-native offerings.
• Potential impacts arising from the Government's New Labour Codes.