GRWRHITECH Q1 FY27 Guidance vs Delivery (GRWRHITECH Management Mirror)

Q1 FY27 EBITDA Margin Reported at 27.2%, Surpassing Prior Guidance of 20% or Better; FY27 Revenue Reaffirmed at Over INR 2,500 Crore

Management reaffirmed FY27 revenue guidance of over INR 2,500 crore with EBITDA margins in the range of 25% +/- 2% (23% to 27%) during the Jun'26 Qtr concall. The medium-term target remains a 15% to 20% revenue CAGR to reach approximately INR 3,500 crore over the next 3 to 4 years. Chronologically, in the Dec'25 Qtr concall, management guided FY26 revenue near INR 2,100 crore plus and expected Q1 FY27 EBITDA margins of 20% or better. In the Mar'26 Qtr concall, the company reported FY26 revenue of INR 2,120 crore (meeting the prior guidance) and initiated FY27 minimum revenue guidance at INR 2,500 crore, narrowing the EBITDA margin guidance band to 25% +/- 2%. For Q1 FY27, the Jun'26 Qtr concall stated an EBITDA margin of 30.30%, while the Quarterly Financial Results reported the Q1 FY27 EBITDA margin actual at 27.2% alongside revenue of INR 633 crore—both sources reflecting outcomes above the initial Q1 FY27 margin guidance.