True Colors Ltd Q2 FY26 earnings call summary

Earnings call of 13 Nov 2025, summarised by AI from the filing.

True Colors H1 FY26 revenue ₹151 cr, almost 63% higher year-on-year, with EBITDA margin 16% and PAT margin 10%.

Key takeaways

1. Machine installations 60 machines installed in H1 FY26 worth ₹38.444 cr, compared to ₹7 cr last year.
2. Recurring revenue Every machine installed becomes a future customer for ink, paper and services, building recurring revenue.
3. Margin risk Machine business has thin margins, which can bring overall margins down when its revenue share rises.

Original filing on BSE

True Colors Ltd earnings call, investor presentation and press release summaries

• Q4 FY26: Earnings call (22 May 2026), Results deck (21 May 2026), Results deck (21 May 2026), Results press release (21 May 2026)
• Q2 FY26: Earnings call (13 Nov 2025), Results deck (12 Nov 2025)
• Other events: Call transcript (7 Nov 2025)