Date: September 26, 2026
Financial Performance
On a consolidated basis, revenue from operations for FY26 stood at ₹162.67 Crores, compared to ₹137.43 Crores in the previous financial year, representing growth of 18.4%. This marks the first time the company has crossed ₹150 Crores in annual revenue, achieving its highest ever annual revenue. Net Profit stood at ₹34.33 Crores, broadly flat over ₹34.32 Crores in the previous year. Basic and Diluted Earnings Per Share stood at ₹14.48, compared to ₹14.47 in the previous year.
Dividend Declaration
The Company paid three interim dividends during FY26, aggregating to ₹11 per share, involving a total outflow of ₹26.08 Crores. The company expects to continue distributing dividends going forward, reflecting confidence in the sustainability of cash flows and commitment to shareholder value creation.
Return Ratios
FY26 Return on Capital Employed (ROCE) was 152% and Return on Equity (ROE) was 137%, reflecting the capital-light nature of the business and disciplined approach to capital deployment.
AI Transformation Strategy
FY26 was a defining year in the company's AI journey, positioning Ksolves as an AI First company with more than 80% of active projects now including AI solutions. The company built an AI Centre of Excellence and trained all team members on Claude, one of the world's leading AI platforms. The company is working towards a formal partnership with Claude.
Key Client Projects and Examples
Banking: Building an AI platform for a well-known bank in South America that serves customers, the general public, and bank staff.
Fortune 500 Company: Used AI to automate manual tasks, reducing errors and increasing productivity with a platform for setting up new AI tasks.
European Client: Built a system that reads regulatory rulebooks, finding important rules and deadlines, significantly reducing processing time.
Market Research Company: Built an AI tool that studies survey answers in writing, video, and audio, converting them into understandable reports.
Retail Company: AI system that determines product placement based on sales, price, season, and customer demand, using store camera images for inventory counting.
Strategic Partnerships and Recognition
- Recognized as Salesforce Summit Partner for third consecutive year
- Best Odoo (ERP) Partner India 2025
- Onboarded as Databricks Consulting Partner
- Official StoreConnect Implementation Partner
- Frappe Certified Partner
- Achieved 'Great Place to Work' certification
Key Client Wins by Sector
Banking: Partnered with leading private-sector bank in South America for digital solutions including AI and Salesforce.
Aviation: Secured first European aviation client for mission-critical systems and NiFi platform migration.
Energy and Infrastructure: Executed full SAP-to-Odoo migration for listed Indian power transmission and green energy company.
Logistics: Expanded footprint with solar power engagement in Kenya and collaboration with region's largest energy and logistics groups.
Financial Crime Advisory: Deployed specialist data science talent at New York-based risk and advisory firm.
Automotive: Entered Australian automobile sector through Odoo ERP implementation.
Professional Services: Delivered Odoo ERP implementation for member firm of top-six global accounting and audit network present in 120+ countries.
FY27 Priorities and Outlook
- Deepen relationships with existing clients
- Increase share of fixed-price and outcome-based engagements
- Leverage positioning as 360-degree AI Transformation Partner
- Scale delivery through AI-led productivity
- Evolve from technology vendor to end-to-end reinvention partner
- Continue investing in talent capabilities
- Maintain margin discipline with operating leverage
Benefits of strategic investments, particularly in expanding overseas presence and strengthening capabilities, are expected to translate into improved deal flow and better revenue traction.
Corporate Governance
The speech was delivered at the 12th Annual General Meeting held on September 26, 2026. The company completed six years as a publicly listed company on Indian stock exchanges.