All E Technologies Q1 FY26: ₹34 Cr Revenue, Margins Holding Strong – A Small Cap with Big ERP Energy
1. At a Glance
All E Technologies (AET), the Microsoft Dynamics ERP/CRM wizard, has posted Q1 FY26 revenue of ₹34.1 cr (+3% YoY) and PAT of ₹6.3 cr. Margins remain solid at 19% OPM. The ₹703 cr market-cap SME is almost debt-free, enjoys a ROE of 22%, and is quietly riding the digital transformation wave while IT giants are busy fighting over generative AI buzzwords.
2. Introduction
Imagine being a tiny player in an ocean of IT sharks yet managing to stay profitable, debt-free, and still grow profits at a 76% CAGR over 5 years. That’s AET. The company thrives on ERP, CRM, and cloud solutions for businesses across 30+ countries. While Infosys and TCS flex on Wall Street, AET quietly automates processes for clients who want Microsoft magic without the consulting Goliaths.
The Q1 FY26 performance shows AET’s focus on profitable growth, despite a slight sequential dip in revenue.
3. Business Model (WTF Do They Even Do?)
Core Biz: ERP & CRM implementations using Microsoft Dynamics.
Other Offerings: Cloud, AI, data engineering, IoT.
Geography: Operations in 30+ countries, 900+ projects delivered.
Roast: They sell “digital transformation” – fancy IT talk for making spreadsheets irrelevant.
4. Financials Overview
Q1 FY26 Revenue: ₹34.1 cr (+3% YoY)
EBITDA: ₹6.5 cr (OPM 19%)
PAT: ₹6.3 cr (+2.4% YoY)
EPS (Q1): ₹3.13
FY25 PAT: ₹30 cr, EPS ₹14.9
ROE: 22.4%, ROCE: 29.5%
Commentary: Growth slowed, but margins still robust. Unlike larger IT players with pricing pressures, AET’s niche keeps it cushioned.
