Capillary Technologies India Limited share price

Key numbers

Market cap

₹ 4,764 Cr

Current price

₹ 599.45

52-week high / low

₹ 799 / 438

Stock P/E

113.5

Book value

₹ 128.9

Dividend yield

0.00%

ROCE

6.3%

ROE

6.6%

Debt to equity

0.05

Sales growth (3 yrs)

42.2%

Profit growth (3 yrs)

-

1-year return

-

About Capillary Technologies India Limited

Capillary Technologies India Limited provides AI-powered and cloud-based intelligent customer loyalty and engagement software-as-a-service software solutions for retail chain operators in the United States, the United Kingdom, and internationally. The company offers Loyalty+, an engagement-based experiential loyalty platform that provides online, in-store, and social media-based loyalty to engage customers; Customer Data Platform+, a consumer data platform software that manages data collection, leverages data, and delivers omnichannel hyper-personalization content across websites, mobile, social media, and email marketing using machine learning for continuous engagement; Engage+, an artificial intelligence-powered consumer engagement platform that empowers brands to connect with end-consumers; Insights+, a decision-making tool designed for businesses to deliver insights; Rewards+, a solution that identifies, sources, and catalogs intelligence-based offers, such as cash back, card linked offers, vouchers, discounts, and experiences to ensure that every single reward will inspire loyalty for each individual customer; and aIRA, an AI agent for loyalty and customer engagement teams.…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-08-10)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• So, if you look at ye ar-on-year non-COGS cost for FY 21 is at least 12%-15% lower than the revenue increase that you're seeing here and hence as revenue keeps scaling, our below the COGS cost will continue to scale at a much lower pace.
• It has consistently grown from INR608 crores in FY25 to INR765 crore s in FY26 to INR1,026 crore s in Q1 FY27.

Growth & demand

• What CustomerGlu does is it enables front-end experiences in a mobile app or on a website for loyalty-like use cases, like you c an quickly launch a game, just with a click, - you can launch, you don't need to write code, you can quickly launch experiences, things like that.
• We close d the quarter at INR256 crore s revenue, which is 43% growth over Q1 last year.

Margins & costs

• Now, like we had mentioned earlier, typically the acquisitions we do are more around the 30% gross margin mark, and as we migrate, they get to the platform margins of 70 %-75%, and that drives the increase.
• So, this quarter, fo r example, same quarter last year, we were at a roughly a 10% EBITDA margin, now we are more at a 18%, 17%-18% adjusted EBITDA margin overall, and roughly a 20% plus EBITDA margin for the organic side of the business, right.

Capex & expansion

• So we've been consistently upwards of 75% for the last few quarters, so I think a lot of this NRR expansion on the organic side is fuelling better gross margins on the organic side of the business.
• I think it's been two months, and we had projecte d about a $32 million ARR of customer contracts that we had acquired through this.

Balance sheet & cash

• Now, this revenue growth coupled with scale leverage and other cost initiatives, the EBITDA for Q1 stands at INR44 crores that's a 132% improvement over Q1 last year.
• So, it's not like it is INR17 crores plus some debt or something.

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