Intellect Design Arena Limited (NSE: INTELLECT) shares closed higher on Friday, gaining about 1.5%, with the stock quoted around ₹917.20 on the National Stock Exchange following the company’s Q3 FY26 earnings announcement. The equities have traded in a 52-week range of ₹577.40 to ₹1,255.00, reflecting broader volatility in recent months.
Q3 FY26 Financial Results
Intellect reported total income of ₹753 crore for the quarter ended Dec. 31, 2025, up from ₹621 crore in Q3 FY25. Platform revenue climbed sharply to ₹155 crore from ₹50 crore a year earlier, while AMC and license revenues also grew, resulting in license-linked revenue of ₹391 crore against ₹292 crore in the prior year period.
Profitability and Margins
EBITDA for Q3 FY26 was ₹122 crore, down from ₹134 crore in Q3 FY25. Profit after tax slid to ₹28 crore from ₹70 crore in the comparable quarter, after an exceptional gratuity charge of ₹31 crore related to new labour codes. Collections for the quarter rose to ₹913 crore from ₹553 crore, and cash and cash equivalents increased to ₹1,198 crore from ₹804 crore.
Last Twelve Months (LTM) Context
For the twelve months through Q3 FY26, total income exceeded ₹3,000 crore, up 23% year-on-year (YoY). Platform revenue nearly tripled, while annual recurring revenue climbed 60% YoY to ₹1,118 crore. LTM EBITDA rose 33% to ₹709 crore and LTM profit after tax increased 27% despite the one-off charge.
Segment Trends
The strong growth in platform and recurring revenue segments underscores Intellect’s strategic shift toward high-value software offerings, particularly in AI-first fintech and open finance platforms. The company also highlighted expansion in the US market with its AI-First payments platform.
Year-Over-Year and Full-Year Growth
Compared with Q3 FY25, topline and recurring revenue metrics showed solid YoY growth, though margins were affected by costs and exceptional items. The stock’s medium-term trend shows sideways movement following strong gains earlier in the fiscal year. The 52-week performance continues to reflect a wide trading band.
Analyst Actions
There were no publicly reported analyst upgrades, downgrades, or price-target changes linked to today’s results at the time of publication. Street commentary on valuation or forecasts was not available. (No change noted)