hSenidBiz sees strong FY2025 quarter
View(s):hSenid Business Solutions PLC (hSenidBiz) has reported its financial results for the fourth quarter of FY2025, with a strong topline performance and continued margin improvements. Total revenue for the quarter reached Rs.499.8 million, reflecting a year-over-year growth of 15 per cent in rupee terms and 22 per cent in constant currency (USD) terms. The growth was driven by steady performance in the PeoplesHR Cloud segment and a sharp rebound in new deal closures after several subdued quarters. Recurring revenue contributed 60 per cent of total revenue for the quarter, the company said in a media release.
The PeoplesHR Cloud business continued to serve as the primary growth engine, delivering a 22 per cent year-over-year increase in rupee terms and 31 per cent in USD constant currency. Subscription revenues comprised 79 per cent of the segment and saw a 26 per cent growth year-over-year, underscoring the continued shift toward long-term recurring revenue streams.
New deal closures amounted to $820,737 during the quarter, up from $255,968 in the previous quarter, with 96 per cent of these deals attributed to the PeoplesHR Cloud segment. Positive momentum in both inbound and outbound sales motions, supported by earlier investments in pipeline management contributed significantly to this outcome.
Commenting on the company’s strategic direction, Founder and Chairman Dinesh Saparamadu said, “As we carry forward the progress made throughout FY2025, we continue sharpening our focus on high-potential markets and industries. We remain committed to building the PeoplesHR brand as a leading HR technology provider across our focus regions.”
Profitability saw a significant improvement during the quarter. Normalized EBITDA margin rose to 7 per cent, a notable turnaround from prior quarters. hSenidBiz reported a net profit of Rs.3.2 million, which included a forex gain of Rs.10.5 million. The combination of strong topline growth and the cumulative impact of sustained cost discipline was instrumental in this margin recovery.
PeoplesHR now supports over 1,700 HR departments across 40 countries spanning South Asia, Southeast Asia, the Middle East, and Africa — helping organisations digitise the entire employee journey from recruitment to retirement.
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