Network People Services Technologies Ltd

- Q2 FY26 revenue rose 39% QoQ to ₹48.61Cr; EBITDA jumped 40% to ₹15.71Cr.- Net profit increased 38% QoQ to ₹10Cr (20.4% margin).- Product launches include Banking Connect, Bank-in-a-Box, and RegTech platform expansion.- Plans to launch new payment platform version addressing industry challenges soon.

📊 Quarterly Earnings Highlights

• Q2 FY26 revenue increased 39% QoQ to ₹48.61 crore from ₹35 crore.
• EBITDA rose 40% QoQ to ₹15.71 crore; net profit grew by 38% to ₹10 crore (~20.4% margin).

💡 Product & Business Expansion

• Banking Connect: Enables net banking and mobile banking interoperability, a first-mover advantage per RBI's initiative.
• Bank-in-a-Box: SaaS-based plug-and-play banking solutions for small/mid-sized banks, leveraging vast market potential.
• RegTech Platform: Scaled as a vertical with ~90%+ fraud accuracy, expanding into new market segments.
• Additional solutions include offline payments, UPI acquiring, voice-based payments, and new sponsor bank alliances.

⚙️ Payment Platform Upgrade

• Launch of EvoK platform version 4.0 planned to address industry pain points - early settlements, CASA growth constraints, and payments aggregator success.
• Introduction of autopay payout interoperability to attract broader customer segments.

🌍 Market Expansion

• Focus on international markets like Africa, where contract value and margins are higher.
• Building dedicated teams and leveraging past experience to enhance growth abroad.

🔮 Future Outlook

• Confidence in sustainable growth driven by product diversification and an expanding digital payments market.
• Anticipates tripling of UPI transaction volumes over next 4 years, indicating strong market tailwinds.
• Receivables cycle lengthened due to diversified revenue models (~60-90 days vs. earlier ~30 days), expected to stabilize over time.

📌 Perception & Investor Insight

This update may create a perception that the company is actively executing its growth strategy by diversifying products and expanding into new markets, while maintaining profitability. The planned platform upgrades and leveraging regulatory trends signal proactive adaptation to industry needs. However, investors should note the operational changes affecting financial cycles and monitor execution of international ventures.