Capillary Technologies India Ltd concluded its 14th AGM, highlighting a strong fiscal year 2026 with revenue of Rs 7,436 million and a 43% surge in adjusted EBITDA. MD and CEO Aneesh Reddy Boddu emphasized the company's progress in AI-led loyalty platforms and geographic expansion following its recent public listing.
Capillary Technologies FY26 Performance Review
Revenue stood at Rs 7,436 million, while adjusted EBITDA reached Rs 1,069 million for the fiscal year.
Reader Takeaway: Strong double-digit revenue growth and AI-driven product strategy drive momentum, though scaling global operations remains a watchpoint.
What just happened
Capillary Technologies India Limited held its 14th Annual General Meeting on August 28, 2026. The session provided shareholders with a detailed review of the company's first full financial year following its successful November 2025 listing on the BSE. Management walked investors through the key operational and financial milestones achieved throughout the year.
Why this matters
The company showcased its ability to scale, reporting a 23% increase in revenue alongside a 43% jump in adjusted EBITDA. This performance indicates effective cost management and product adoption, particularly in its loyalty platform segment. The recognition as a 'Leader' in the Forrester Wave for Loyalty Platforms underscores its competitive positioning in the enterprise software space.
The backstory
Following an IPO that was oversubscribed 52.95 times, Capillary Technologies has been aggressively pushing its 'aiRA' initiative. The management highlighted that the company's current focus is on geographic diversification and deepening its footprint across various industrial sectors to reduce reliance on any single market.
What changes now
Shareholders approved the adoption of standalone and consolidated financial statements for the year ended March 31, 2026. Additionally, the re-appointment of Aneesh Reddy Boddu as Director was confirmed. The focus moving forward remains on R&D expenditure and maintaining the current margin trajectory as the company scales its AI offerings.
What to track next
Investors should monitor the company's working capital cycles and cash flow generation, which were key topics during the management Q&A. Continued progress in AI product adoption and the impact of the company's expansion into new city-tiers will be the primary metrics for assessing future growth.