Corporate Overview
Incorporation Date: February 2, 2016
India Offices: Chennai, Hyderabad, Mohali
International Presence: USA, Canada, Thailand
Services: IT Services; Telecom & Tech Infrastructure Projects
Subsidiaries/Step-down Subsidiaries:
- MethodHub Consulting Inc. (USA)
- ZORTech Solutions Inc. (Canada)
- Zortech Solutions Inc. (USA)
- BrainCapitol Technologies (India) (Partnership Firm)
- SEW-Tech Inc. (USA)
- Leo Technology Ventures Inc. (USA)
- S&R Professionals LLC (USA)
- Nemera Technologies Co., Ltd (Thailand)
Workforce: 446 total workforce comprising 150 consultants and 296 employees
Financial Performance (Consolidated)
Revenue Growth Trajectory:
- FY 2022: ₹226.30 million (Standalone)
- FY 2023: ₹354.90 million (Standalone) - 55.80% growth
- FY 2024: ₹496.71 million - 40.44% growth
- FY 2025: ₹1,351.20 million - 170.15% growth
- FY 2026: ₹3,328.83 million - 145.50% growth
FY 2026 Financial Highlights:
- Revenue from Operations: ₹3,328.83 million
- Other Income: ₹16.78 million
- Total Revenue: ₹3,345.61 million
- EBITDA: ₹667.81 million (20.06% margin)
- PAT: ₹318.44 million (9.57% margin)
- EPS (Basic): ₹21.63
- Net Worth: ₹1,623.24 million
- Total Assets: ₹3,436.72 million
Revenue Contribution by Entity (FY 2026):
- SEW-Tech Inc.: ₹1,604.48 million (48.20%)
- ZORTech Solutions Inc. (Canada): ₹605.23 million (18.20%)
- MethodHub Software Limited: ₹355.70 million (10.70%)
- Nemera Technologies Co., Ltd: ₹270.24 million (8.10%)
- S & R Professionals LLC: ₹210.79 million (6.30%)
- MethodHub Consulting Inc.: ₹201.35 million (6.00%)
- Zortech Solutions Inc. (USA): ₹75.37 million (2.30%)
- BrainCapitol Technologies: ₹5.66 million (0.20%)
Customer Concentration (Top 10 Customers):
- Total Top 10 Revenue: ₹2,417.21 million (72.6% of FY26 revenue)
- Largest Customer: ₹553.98 million (16.6% of FY26 revenue)
- Customer 2: ₹477.15 million (14.3%)
- Customer 3: ₹426.02 million (12.8%)
- Customer 4: ₹282.82 million (8.5%)
- Customer 5: ₹190.19 million (5.7%)
- Remaining customers 6-10 contribute between 2.3-3.9% each
Revenue by Vertical (FY 2026):
- IT Consulting: ₹1,234.10 million (37.07%)
- BFSI: ₹797.55 million (23.96%)
- Other verticals not quantified
Geographic Revenue Distribution:
- North America (USA & Canada): ~81% of total revenue
- Other regions not quantified
Business Strategy & Operations
Vision: Build a technology company that creates value for all stakeholders through multiple business streams
Service Scope:
- Project Engineering
- Managed Services
- Consulting Services
- IT-Centric Business Services
Growth Initiatives & AI Solutions:
- AI-centric platform BalinX launched with 5 verticals focused on AI
- Solutions in Banking and Pharmacovigilance
- New platforms in reproductive health (Unmute) and mental health (EyeD)
- New startup ecosystem platform
- AI-driven payment platform
- Compliance management platform
- Targeting mid-market ($100M to $1B revenue) with point solutions
Telecom & Tech Infrastructure Capabilities:
- OEM partnerships with Huawei, Ericsson, ZTE
- IBS/Node-B/commissioning services
- Network Deployment & Integration-BTS Installations
- Data-driven performance reporting
Acquisition Strategy:
- SEW-Tech Inc. (60% equity stake) - USA IT services, cloud, data & AI, ERP/CRM, VAPT
- Leo Technology Ventures Inc. (100% equity stake) - IT consulting, application development, project management
- Leo owns 80% of S&R Professionals LLC
- Nemera Technologies Co., Ltd is 51% subsidiary of SEW-Tech
Global Delivery Model: Expanding to Mexico and Costa Rica for nearshore capabilities
Governance Structure
Board of Directors:
- Jayaramakrishnan Kannan - Chairman and Non-Executive Independent Director
- Ahobilam Nagasundaram - Executive Director and CEO
- Prasanna Dhandapani - Non-Executive Director
- Lathika Siddharth Pai - Additional Non-Executive Independent Director
- Perinkulam Mani Mohanraj - Additional Non-Executive Independent Director
Leadership Team:
- Ahobilam Nagasundaram - Executive Director & CEO
- C. L. Karthikeyan - COO
- Ravi Sharma - CFO
- S. Muthukrishnan - Company Secretary & Compliance Officer
- Rajalaxmi. R - Associate Vice President - Operations
- Other functional heads for HR, Delivery, Recruitment, and Project Management
Board Committees: Audit, Nomination & Remuneration, and Stakeholders Relationship Committees
Partnerships & Recognition
Technology Partnerships: Microsoft, AWS, Google Cloud, Salesforce, Oracle, SAP, Snowflake, Databricks, ServiceNow, UiPath
Certifications: ISO 9001:2015, ISO 27001:2013
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