Key Financial Figures
Standalone Financial Results (Amount in Lakhs)
Year Ended March 31, 2026:
- Revenue from Operations: ₹643.75
- Other Income: ₹24.29
- Total Revenue: ₹668.04
- Total Expenses: ₹534.51
- Profit Before Tax: ₹133.53
- Tax Expense: ₹47.87
- Net Profit: ₹85.76
- EPS: ₹2.49
Half Year Ended March 31, 2026:
- Revenue from Operations: ₹306.97
- Other Income: ₹17.70
- Total Revenue: ₹324.67
- Total Expenses: ₹310.14
- Profit Before Tax: ₹14.53
- Tax Expense: ₹18.52
- Net Loss: ₹(3.99)
- EPS: ₹(0.05)
Comparative Figures (Year Ended March 31, 2025):
- Revenue from Operations: ₹677.10
- Other Income: ₹5.05
- Total Revenue: ₹682.15
- Total Expenses: ₹570.90
- Profit Before Tax: ₹111.25
- Tax Expense: ₹37.95
- Net Profit: ₹73.30
- EPS: ₹2.57
Consolidated Financial Results (Amount in Lakhs)
Year Ended March 31, 2026:
- Revenue from Operations: ₹691.84
- Other Income: ₹23.88
- Total Revenue: ₹715.72
- Total Expenses: ₹603.35
- Profit Before Tax: ₹112.37
- Tax Expense: ₹47.79
- Net Profit: ₹64.58
- EPS: ₹1.88
Balance Sheet Position (Standalone as at March 31, 2026)
- Share Capital: ₹343.80 lakh
- Reserves and Surplus: ₹164.71 lakh
- Long-term Borrowings: ₹883.78 lakh
- Trade Receivables: ₹292.33 lakh
- Cash and Cash Equivalents: ₹138.20 lakh
- Total Assets: ₹1,757.55 lakh
Dates of Action
- Board Meeting Date: May 28, 2026 (2:00 PM to 2:45 PM)
- Financial Year Ended: March 31, 2026
- Dividend Declaration Date: May 28, 2026 (subject to AGM approval)
- Trading Window Reopening: 48 hours after results publication (May 28, 2026)
Parties Involved
- Statutory Auditor: K.S. Sanghvi & Co, Chartered Accountants, Mumbai
- Secretarial Auditor: Mr. Vikas Raju Varma, Practicing Company Secretary, Mumbai
- Internal Auditor: Anish Mehta & Associates, Chartered Accountants, Mumbai
- Subsidiaries: Accelerate Next Inc (wholly-owned, incorporated September 17, 2025) and Beanstalk Web Solutions LLC (step-down subsidiary, acquired March 6, 2026)
Corporate Actions Approved
1. Financial Results: Approved audited standalone and consolidated financial results for half year and year ended March 31, 2026
2. Secretarial Auditor Re-appointment: Re-appointed Mr. Vikas Raju Varma for FY 2026-27
3. Internal Auditor Re-appointment: Re-appointed Anish Mehta & Associates for FY 2026-27
4. Board Report: Approved Board's Report for FY ended March 31, 2026
5. Dividend Recommendation: Recommended final dividend of ₹0.10 per equity share (1% on face value of ₹10) for FY 2025-26
Subsidiary Information
- Accelerate Next Inc incorporated in Wyoming, USA on September 17, 2025 as wholly-owned subsidiary
- Beanstalk Web Solutions LLC acquired by Accelerate Next Inc on March 6, 2026 (100% stake)
- Consolidated financial results include these subsidiaries for the first time
- Subsidiary financial statements are unaudited as per host country requirements
Segment Information
- Single business segment: Digital Technology Services and Support Services
Investor Complaints
- No investor complaints received/pending as of March 31, 2026
Capital Structure
- Paid-up Equity Share Capital: ₹343.80 lakh (34,380,800 shares)
- Face Value: ₹10 per share
- No change in share capital during the period
Cash Flow Impact
- Dividend payment will result in cash outflow subject to shareholder approval
- Significant investing activities due to subsidiary acquisitions (₹1,036.90 lakh)
- Financing activities include borrowings of ₹881.54 lakh
Financial Impact Assessment
- Dividend payment will reduce reserves and cash balances
- Subsidiary acquisitions represent strategic expansion into US market
- Increased borrowings indicate funding for expansion activities
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