hSenid Business Solutions PLC reported Q1 FY2027 revenue of LKR 602.8 million (up 28% YoY) and a net profit of LKR 51.0 million, with recurring revenues at 75% and exit ARR of USD 5.7 million (up 26%). EBITDA excluding forex gains was LKR 81.4 million and management highlighted continued SaaS and AI-led growth execution.
hSenid Business Solutions Plc
HBS.N0000Telecom & IT · Packaged Software
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 2.1B | Rs -39.0M | -0.14 |
| 2025 | Rs 1.8B | Rs -286.3M | -1.01 |
| 2024 | Rs 1.6B | Rs -293.1M | -1.06 |
| 2023 | Rs 1.5B | Rs 188.2M | 0.68 |
| 2022 | Rs 1.1B | Rs 454.5M | 1.93 |
Recent dividends
- 2024 · finalRs 1.25
- 2023 · finalRs 0.35
- 2022 · finalRs 0.30
About hSenid Business Solutions Plc
hSenid Business Solutions PLC is an indigenous multinational provider of human resource technology and services, specialising in human resource information systems (HRIS), human resource outsourcing and employee tracking/access control. The company's core HCM offering is marketed under the PeoplesHR brand, a suite of human capital management software available in both Cloud and On‑Premise formats. Beyond its Cloud and On‑Premise HCM products, the company provides PeoplesHR Tracking for employee tracking solutions and PeoplesHR Outsourcing for managed HR services, and also derives non‑core revenues from mobile software, staffing solutions and the PeoplesHR Marketplace. It operates across Sri Lanka, South Asia, Southeast Asia and MEA regions and has delivered large-scale public sector HCM implementations, including a multi‑phase deployment for the Government of Uganda.
AI analysis
No AI research report for hSenid Business Solutions Plc yet. Generate one from everything we track: prices, valuation, news sentiment, financials and corporate actions.
Generate an analysis →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 1 positive, 0 negative, 1 neutral.
hSenid Business Solutions PLC proposed a new ESOP covering 3,618,580 ordinary shares (about 1.22% of enlarged issued share capital) to utilise unallocated shares from its 2022 plan; the scheme is subject to CSE and shareholder approval.
hSenid Business Solutions (HBS.N0000) delivered an FY2026 turnaround: revenue rose 13% to Rs.2.1bn, exit ARR reached $5.5m (up 32% YoY) and normalized EBITDA turned positive at LKR200m (10% margin), with PBT loss narrowed to Rs.8m and positive free cash flow.
hSenid Business Solutions (HBS.N0000) delivered an FY2026 turnaround with revenue of LKR 2.1bn (up 13% YoY), normalized EBITDA of LKR 200m (10% margin) and exit ARR of USD 5.5m (up 32% YoY). The company generated positive free cash flow, narrowed full-year PBT loss to LKR 8m, posted Q4 PBT of LKR 7m, launched Lexi Insights AI and won a national export award.
hSenid Business Solutions (HBS.N0000) achieved profitability in Q3 FY2026 and an exit Annualised Recurring Revenue (ARR) of $5.2m. Quarterly revenue was Rs.547.6m (+27% YoY LKR), net profit Rs.35m, normalised EBITDA margin 17% and recurring revenues were 73% of total.
hSenid Business Solutions (HBS.N0000) reported Q3 FY2026 profitability and an exit ARR of USD 5.2m, with quarterly revenue of LKR 547.6m (YoY +27% in LKR; +23% in USD constant currency). Normalized EBITDA margin was 17% with net profit of LKR 35m, recurring revenue 73% and PeoplesHR Cloud up 48% YoY.
hSenid Business Solutions reported 2Q revenue up 23% YoY to Rs. 516.9m and normalised EBITDA margin rose to 11%, positioning the company near Normalised EBIT break-even. The firm posted a net loss of Rs. 25.9m (including a Rs. 25.5m one-off restructuring charge) and plans to launch PeoplesHR X with new AI features.
hSenid Business Solutions (HBS.N0000) reported Q2 FY2026 revenue of LKR 516.9 million, up 23% YoY, and a normalized EBITDA margin of 11%, positioning the company near normalized EBIT break-even. PeoplesHR Cloud grew 34% YoY and recurring revenues were 72%; net loss LKR 25.9m included a one-off LKR 25.5m restructuring charge.
hSenid Business Solutions (HBS.N0000) reported Q1 FY2026 revenue of Rs.471.7m, with recurring subscription revenue up 36% YoY and a normalised EBITDA margin of 2%. Recurring revenues were 72% of total, new deals totaled $440,998 (up 34%), and the company generated positive free cash flow despite a Rs.35.7m net loss.
Telecom & IT sector: what is happening
Last 30 days to Aug 4, 2026Sri Lanka moved to regulate virtual assets, with Cabinet approving a framework naming the SEC as VASP regulator, working with the Central Bank's FIU and IRD; cryptocurrencies remain unrecognised and banks/cards are barred from facilitating crypto transactions. Policymakers warned AI is reshaping software export economics, urging a pivot to products and IP, while IP reforms accelerate. Government also pushed digitisation via mandatory ETF e-payments.
The stories behind it
Auto-generated from 18 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.