Suyog Telematics Limited (537259) Earnings Call Transcripts

Suyog Telematics Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Suyog Telematics Limited reported revenue from operations of INR 2,219 crores and a net profit of INR 631 million, reflecting a strong EBITDA margin of 74%. The company anticipates significant growth in FY '27, driven by expected orders from Vodafone for 5,000 towers, although BSNL's rollout remains uncertain due to ongoing equipment issues. Management maintained guidance for revenue per tower between INR 31,000 to INR 32,000, indicating a stable outlook for the coming year.

Reported metrics

Guidance from management

Management maintained guidance for revenue per tower between INR 31,000 and INR 32,000 for FY '27, while anticipating significant orders from Vodafone. However, they expressed uncertainty regarding BSNL's contribution due to ongoing equipment issues.

What management said

So [ Darshil ] right now, we are still awaiting final numbers from Vodafone. So as I said, even if they give us 5,000 order, we don't need to roll out 5,000 in 1 month. We'll have to roll out that 5,000 sites throughout the year as per the material availability. So as of now, we have not finalized any concrete plan. So as soon as we get a final order -- bulk order from Vodafone, we'll finalize the fundraising plan or...

So as I said, we're expecting around 5,000 orders from Vodafone. So if we get that orders in the month of June or maybe July, we'll deploy all the 5,000 sites in current financial year.

What analysts pressed on

Analysts expressed concerns about the delay in BSNL's rollout and the impact on revenue, questioning the company's ability to meet growth targets without clear orders from BSNL. Additionally, there were inquiries about rising interest costs despite strong operating cash generation.

Main topics on the call

• Revenue Growth and Profitability — Suyog Telematics reported revenue from operations of INR 2,219 crores and a net profit of INR 631 million, achieving an EBITDA margin of 74%. Management stated, "FY '26 has shown a good growth in revenue per tower, which...
• Vodafone Orders and Future Growth — Management expects a significant business boost from Vodafone, projecting orders for 5,000 towers in FY '27. Tushar Shah noted, "Vodafone has already declared deployment of 60,000 to 70,000 new towers in the next 12 to 1...
• BSNL Rollout Uncertainty — The rollout from BSNL remains uncertain due to equipment issues with Tejas Network. Management indicated, "We don't expect any new orders from BSNL right now," which could impact future revenue streams.
• CapEx and Financial Planning — Management plans to invest approximately INR 600 crores in CapEx for the rollout of new towers, with around 50% expected to come from internal accruals. They stated, "As soon as we get a final order from Vodafone, we'll ...

Read the full Suyog Telematics Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 5 Suyog Telematics Limited earnings call transcripts on record, spanning August 12, 2024 to June 2, 2026. Based on this history, Suyog Telematics Limited reports semi-annually. The most recent call on file is dated June 2, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

537259

Exchange

BSE

Country

IN

Sector

Industrials

Industry

Construction and Engineering

Calls on record

5

First call

August 12, 2024

Most recent

June 2, 2026

Reporting cadence

semi-annually