Likhami Consult. Q1 FY27 Results (BSE: 539927)
Signal: Steady quarter
The read
Revenue grew 6.7% YoY but fell 79.5% sequentially, net profit flat at ₹0.01 Cr; margins compressed as employee costs grew faster than revenue. Tiny base makes trends noisy; no debt, no tax, no subsidiaries.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹0.16 Cr | 6.7% | -79.5% |
| EBIT | ₹0.01 Cr | 0.0% | |
| Net profit | ₹0.01 Cr | 0.0% | |
| EPS | ₹0.01 | 0.0% | |
| EBIT margin | 12.5% |
P&L walk
Revenue grew modestly YoY but collapsed sequentially; employee cost outpaced revenue, compressing margins, while other expenses fell. PAT flat as no tax/exceptional items.
Key positives
- Revenue growth of 6.7% YoY on a small base.
- Zero debt and no tax expense; net profit stable YoY.
- No exceptional items or one-offs.
Key concerns
- Employee cost grew 27.5% YoY, outpacing revenue growth, compressing EBITDA margin by ~84bps.
- Sequential revenue decline of 79.5% indicates lumpy consulting revenue and high volatility.
- Very low revenue scale makes the business highly sensitive to single project wins/losses.
Research and educational content only. Not investment advice.