ARIS Q1 FY27 Guidance vs Delivery (ARIS Management Mirror)

Revenue Growth Accelerates to 37% in Jun'26 Qtr, FY27 Target Reaffirmed at 35%-40% Amid Seasonal Shifts

Management has consistently guided for robust top-line growth. In the Dec'25 Qtr concall, the company guided for 40% YoY growth. For the full year FY26, the company reported revenue of INR 1,068 crores (up 39% YoY), as disclosed in the Mar'26 Qtr concall. Looking ahead to FY27 and FY28, management initiated revenue growth guidance of 35% to 40% annually during the Mar'26 Qtr concall. This FY27 guidance was reaffirmed at 35% to 40% annually in the Jun'26 Qtr concall. For the Jun'26 Qtr, revenue from operations was reported at INR 2,908 million (291 crore), representing a 37% YoY growth, per the Quarterly Financial Results and Jun'26 Qtr concall. Management noted that performance is typically seasonal, with H1 contributing around 40% of sales and H2 contributing around 60%, pushing execution into H2 when construction activity peaks and customer cash flows are stronger.