Vertoz Limited (NSE: VERTOZ) Q3 2026 Earnings Call dated Feb. 10, 2026
Corporate Participants:
Hirenkumar Shah — Founder & Managing Director
Ashish Shah — Founder & Chief Executive Officer
Analysts:
Rudrasingham — Analyst
Nitin Kumar Srivastava — Analyst
Himanshu — Analyst
Presentation:
operator
Ladies and Gentlemen, Good day and welcome to Virtuous Limited Q3FY26 earnings conference call. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing Star then zero on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Hiren Shah. Thank you. And over to you sir.
Hirenkumar Shah — Founder & Managing Director
Thank you. Good evening everyone. Thank you for joining us today. I would like to welcome you all to Virtos Earning call for the half year and quarter ending 12-31-2025. I’m joined by our promoter and director Ashish Shah along with member of our senior leadership team. Before moving to the numbers, I want to briefly talk about the context in which this quarter was delivered. Over the last few years the media and technology ecosystem has been changing rapidly. Businesses today are no longer operating in silos. Advertising, media, monetization, identity and cloud infrastructure are increasingly converging. This is the space Virtos has been steadily moving forward.
Moving towards this quarter reflects not just financial progress but also period of internal strategic recalibration as we continue to shape the company’s next phase of growth. Let me begin with the standalone performance. For quarter three financial year 2026, revenue from operations stood at 20.30 crore growing 22% year on year and 6% subsequently. EBITDA was 2.76 crore. EBITDA margin at 14% profit after improved to 1.74 crore 21% year on year growth with margins stable at 9% overall. The stand alone business continue to reflect the turnaround journey as we have been working towards over the past few quarters.
At the consolidated level we delivered steady and consistent growth. For quarter three financial year 2026 revenue from operation stood at 75.42 crore up 14% year on year. EBITDA growth grew strongly by 63% year on year to 13.46 crore with margin improving to 18% profit after tax was 6.16 crore reflecting the ongoing investments and recalibration underway. Subsequently EBITDA saw 29% increase highlighting the strengthening operational profile of the business. With that I would now like to. Invite Ashish to share his thoughts on our business positioning and the road ahead. Ashish, over to you.
Ashish Shah — Founder & Chief Executive Officer
Thank you Hiran By Alongside the financial performance, the past few months have been important from a strategic standpoint. Despite global uncertainty, the business stayed on course. If I sum it up during this period, overall profitability has improved, margins have been stabilized and execution has became more disciplined. The past few quarters have been about strengthening the core of our business. At the same time, we have been reflecting deeply on how the company should be understood by the market. Vertas fits in rapidly changing media and technology landscape. The work is ongoing and will shape the company’s next phase of growth.
We are entering the final quarter of the year with a focus on a strong stronger operating fundamentals and deeper clarity on the directions ahead. Our focus remains on consistent execution, steady financial performance and preparing the business for larger opportunities over a period of time. Before we move to the Q and A questions, I would like to thank you. Thank our shareholders, partners and entire Virtus team for their continued trust and support. Our approach continues to be simple. Keep improving, stay adaptable and build with intent. We will now open the floor for questions.
Questions and Answers:
operator
Thank you very much. We will now begin the question and answer session. Anyone who wishes to ask a question may press char in one on the touchdown telephone. If you wish to remove yourself from the question queue, you May press chart and 2. Participants are requested to use handsets while asking a question. Ladies and gentlemen, we’ll wait for a moment while the question queue assembles. The first question is from the line of Rudrasingham, an individual investor. Please go ahead.
Rudrasingham
Hello sir. Congrats on a good set of numbers.
Hirenkumar Shah
Thank you for your question. See, marginal business will never move in a straight line because we operate across different digital services. Some offerings are high margin, some are more volume driven. What you see is always a blended outcome. See, over the last few quarters, we. Have spent a lot of time fixing. The basics, improving campaign execution, tightening cost and becoming more disciplined operationally. The impact of the work is now starting to show. So while quarterly numbers may move around, the underlying operating strength is improving. So it’s all of a blended thing. What you see.
Rudrasingham
Okay.
Hirenkumar Shah
Yes.
Rudrasingham
How should we think about margins over the medium term?
Hirenkumar Shah
As I mentioned, like, you know, let me just say this here that while we do not give forward guidelines or guidance, but the direction of the business is clear, you may expect sustainable growth aligned with our growth of last two quarters. Our focus is on improving, maintaining margin stability. As I mentioned, in a digital service business, quarterly movement is normal. What matters is the direction. Better execution, better cost discipline and better use of scale. That’s what we are working towards.
Rudrasingham
Okay, thank you sir. Congrats.
Hirenkumar Shah
Thank you.
operator
Thank you. Participants who wish to ask Questions may press star N1 at this time. Participants who wish to ask Questions may press RN1 at this time. The next question is from the line of Nitin Kumar Srivastava from Sri Imperial. Please go ahead.
Nitin Kumar Srivastava
Are you looking at any more acquisitions this year in addition to what has been made?
Hirenkumar Shah
Thank you for the question. See, we are always evaluating opportunities, but we’re not in a hurry. Any acquisition we consider has to make long term senses. Either it strengthen our what we can do or it should help us where to enter a market meaningfully. If the fit is right and the price is right, we will move forward. Otherwise we are comfortable waiting this part of a long term strategy, not something we feel pressured to do every year.
Nitin Kumar Srivastava
Okay, so somewhere you mentioned about the internal review of positioning. So if you can please explain what it means for virtual.
Ashish Shah
Sure. Hey. Yeah. Hi. I’m just answering. This is Ashish here. Yep. So definitely with respect to the positioning. Vertos has evolved significantly over a period of time. We are no longer just an advertising led business. Today we operate across advertising, media monetization, digital identity and cloud infrastructure. We increasingly work across multiple parts of the media execution ecosystems. So the questions we have been asking internally is simple. Does the market understand the virtus the way the business actually looks today? This review is about aligning perceptions with the reality. It’s a gradual shift, not a sudden change. Hope that answers your questions.
Nitin Kumar Srivastava
Yes. Yes. Thank you so much. Thank you.
operator
Thank you. The next question is from the line of Himanshu from Essential. Please go ahead. Sorry to interrupt. Mr. Himanshu, maybe request you use a handset before asking a question.
Himanshu
But can you tell us more about the vision of the company and how will it. Contribute to the overall.
Hirenkumar Shah
Hi Himanshu, let me answer those questions. As I understood a little bit correctly, you are looking for a vision of the company and how it will contribute to the world of growth. The webimex acquisition, am I right?
Himanshu
Correct. Yes. And congratulations on the newest acquisition as well. Oh,
Hirenkumar Shah
thank you. Really appreciate. Thank you Himanshu. So see, this is the one of the important strategic steps we have taken in our international journey. Webimex is US based AI driven marketing automation company. Okay. Headquartered here in New Jersey with an approximately $12 million in annual revenue approx. Around 2.4 million in EBITDA and a sizable pat margin. So this is a profitable. Am I audible? Yes. Yes. Okay. Yeah. This is a profitable and cash generating business that has immediately scaled the scaled and capability to the workhorse. There are.
These are the major three reasons for which we acquired which was the one in the revenue EBITDA and the fat margin. Okay. And secondly finding the overall this acquisition is a financially assertive from a day one it gives us like say in terms of the Indian rupee it gives us around 87 crore of the revenue, 17 crore in the annual pat margin and virtual helps in scaling up the operations the over last 18 to 30 months.
We expect substantial inflow of cash flow through synergy and cost savings which we will bring to this acquisition. Most importantly, this is not just a geographic expansion. Webimax brings deeper AI driven marketing automations capability and predictive performance systems and data layer consulting. This capability strengthens our ability to operate across the full digital ecosystem. Hope this answers your question Simanshu.
Himanshu
Yes it does. Thanks.
operator
Thank you. Ladies and gentlemen, in the interest of time. That was the last question. On behalf of Virtos Ltd. That concludes this conference. Thank you for joining us and you may now disconnect your lines.
Hirenkumar Shah
Thank you.
Ashish Shah
Thank you.