ESDS Q2 FY27 Earnings Call Transcript Released; Focus on AI and Cloud Growth
ESDS Software Solution Limited released its Q2 FY27 earnings call transcript. H1 FY27 revenue reached ₹2,719 million, a 24.6% year-on-year growth, with PAT up 26.3% to ₹603.7 million. The "Sharon AI" project with 8,200 GPUs is expected to go live by mid-December 2026, projecting monthly revenues of ₹288 crore and PAT of ₹50-60 crore. Domestic expansion plans include ₹1,500 crore capex for AI factories by June 2027.
The discussion around the "Sharon AI" project, the projected revenues and profits, and the significant capex for AI factories represents a major strategic initiative with the potential to substantially impact the company's future financial performance and market position.
The transcript details strong financial growth in H1 FY27, significant expansion plans in AI and GPU infrastructure, and provides clarity on future revenue streams from the "Sharon AI" project, indicating positive future prospects.
ESDS Software Solution Limited has released the transcript of its Q2 FY27 Earnings Conference Call, which was held on November 2, 2026. The call featured discussions led by Piyush Somani (Chairman and Managing Director) and Nadukuru Sita Ramaiah (Chief Financial Officer), along with other management members.
Piyush Somani provided an overview of the company's business model, emphasizing its evolution from web hosting to data centers, cloud computing, and now focusing on AI-enabled sovereign platforms and AI factories. He detailed the integrated approach across Infrastructure as a Service, Managed Services, and Software as a Service, highlighting Swaraj Cloud and AI capabilities. The company's strategy prioritizes strengthening the core business while building AI and GPU infrastructure, focusing on execution, capital discipline, and long-term value creation.
Nadukuru Ramaiah presented the financial highlights for H1 FY27, reporting a revenue of ₹2,719 million, a growth of 24.6% compared to H1 FY26. EBITDA margin for H1 FY27 was ₹1,137.5 million, a 12.3% increase, and PAT grew by 26.3% to ₹603.7 million. The company also detailed the utilization of its IPO proceeds, with ₹7,200 million raised and ₹469.13 million utilized as of the reporting date.
A significant portion of the call involved a discussion on the "Sharon AI" project, which involves 8,200 GPUs. The company expects this to go live by mid-December 2026, with a projected monthly revenue of approximately ₹288 crore and a PAT of ₹50-60 crore. The company also discussed its domestic expansion plans, including a pipeline of ₹3,000 crore for India and a capex of ₹1,500 crore expected to go live by June next year, targeting significant growth in domestic revenue.
The management addressed questions regarding the CTO and CIO resignations, explaining that these roles became redundant due to the integration of AI functions and the creation of new positions like Chief Artificial Intelligence Officer (CAIO) and Chief Product Officer (CPO). They also elaborated on the business model for AI factories, the contractual terms with Sharon AI, and the global demand for GPUs driven by power availability in countries like India.
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ESDS Software Solution Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by ESDS Software Solution Limited. Read the original for the full detail.