FarEye Technologies Private Limited (“FarEye”), a provider of a software-as-a-service (“SaaS”) Delivery Management System (DMS), achieved positive Profit after Tax (PAT) in Q4 FY26, the company said today in announcing results for the year ended March 31, 2026.
Total Income reached Rs 2,653.94 Mn in FY26, with Revenue from operations rising to Rs 2,465.83 Mn, from Rs 1,979.32 Mn in FY25, representing a 24.58% increase from FY25 to FY26. Total expenses increased approximately 3.12% between the fiscal periods, while Adjusted EBITDA improved by 65.58% year-on-year, and net loss narrowed to Rs 94.12 Mn in FY26 from Rs 521.27 Mn in FY25, an improvement of approximately 81.94% between the fiscal periods. Cash reserves at the close of FY26 stood at Rs 2,706.64 Mn.
Subscription revenue, generated under committed, multi-year recurring contracts, accounted for about 83.25% of revenue from operations. Further, 91.88% of revenue from operations in FY26 came from international markets, spanning North America, Europe, Middle East & Africa (EMEA) and Asia Pacific, while 70.86% came from customers with annual consolidated revenue of US$500 million or more.
As of the end of FY26, FarEye served 13 customers that are either Fortune Global 500 companies or group entities of Fortune Global 500 companies (3 and 10 respectively, out of which 4 companies were added during the year). The company serves delivery operations across courier, express and parcel providers, post and postal operators, third-party logistics companies, retailers, food and beverage businesses, consumer-goods and pharmaceutical companies, furniture and home-furnishing businesses, electronics and appliance companies, and manufacturers with a direct-to-consumer channel.
“Our FY26 performance was driven by a combination of continued enterprise customer growth, improving efficiency in how we operate and deliver our technology, and disciplined cost management,” said Kushal Nahata, Co-founder and CEO, FarEye.