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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