Capillary Technologies Q2 FY27 revenue up 51% to Rs 271 crore

Capillary Technologies reported a 51.3% year-on-year increase in operating revenue to Rs 271.35 crore in the July-September quarter of this financial year FY27 from Rs 179.33 crore in the corresponding quarter last year. 

The Bengaluru-based SaaS company's net profit jumped to Rs 21.92 crore in Q2 FY27 from Rs 0.29 crore in the year-ago quarter, according to filings with the stock exchanges. It had reported a net loss of Rs 9.55 crore in the April-June quarter.

Capillary Technologies' total expenses increased 43.7% year-on-year to Rs 232 crore during the quarter. Employee benefit expenses, its largest cost component, rose 57% to Rs 134 crore. Software and server charges stood at Rs 42 crore, while professional and consultancy fees accounted for Rs 39 crore.

The company's adjusted EBITDA more than doubled year-on-year to Rs 44.86 crore in Q2 FY27 from Rs 22.08 crore. Adjusted EBITDA increased 2% sequentially from Rs 44.02 crore in Q1 FY27.

Commenting on the results, Aneesh Reddy Boddu, founder, MD and CEO of Capillary Technologies, said growth was driven by higher revenue from existing customers and new enterprise wins across global markets. He added that SessionM, acquired from Mastercard in May 2026, had achieved breakeven, while the company's AI capabilities supported new contract wins and customer migration initiatives.

Founded in 2012, Capillary Technologies provides AI-powered, cloud-based software for loyalty management and customer engagement. The company serves 152 customers across 55 countries through products designed to help enterprises manage loyalty programmes, customer data and personalised engagement.

 Separately, its promoter entity, Capillary Technologies Pte Ltd, sold 32.92 lakh shares worth Rs 171.5 crore through a bulk deal in August 2026, offloading a 4.14% stake.