1. At a Glance
Kellton Tech is doing everything — digital transformation, ERP, AI, cloud, maybe even your Zoom background — except one thing: paying dividends. With Q1 FY26 revenue up 12.8% YoY, PAT of ₹22.65 Cr, and a shiny new AI platform announcement, Kellton is flexing growth while keeping its P/E under 15. But don’t let the ₹25 stock price fool you — there’s drama under the hood.
2. Introduction
Once upon a tech boom, Kellton was the IT whisperer that nobody whispered about. Quietly growing under the radar, the company built a ₹1,223 Cr market cap and a loyal user base across India, the US, and Europe — while reporting steady profits and skipping dividends like it’s a cardio workout.
Now, with ~1,800 employees and quarterly sales approaching ₹300 Cr, Kellton is finding its AI legs in FY26. A stock split (1:5), FCCBs worth $10M, and three new client wins later — the company is signalling it’s ready for prime time. Or at least a rerun.
3. Business Model (WTF Do They Even Do?)
Kellton is your friendly neighbourhood IT services firm — but instead of Spider-Man, they’ve got cloud engineers and ERP consultants. They offer:
- Agile development
- Digital integration & modernization
- Enterprise mobility
- Testing & automation
- Cloud, AI, ML, Blockchain (aka tech buzzword soup)
Think of them as the IT version of a Swiss Army knife… if half the blades were under maintenance but still sharp enough to land Fortune 500 contracts. Their global presence? India, US, Europe, Asia-Pacific. Their superpower? Building platforms, integrating systems, and not mailing dividend cheques.
4. Financials Overview
Q1 FY26 Report Card:
- Revenue: ₹295.47 Cr (+12.8% YoY)
- PAT: ₹22.65 Cr (+13.6% YoY)
- TTM Revenue: ₹1,131 Cr
- TTM PAT: ₹82 Cr
- Latest EPS: ₹0.46