Financial Results Highlights (H1 FY27: April 1, 2026 - September 30, 2026)

Income Statement Performance (₹ in Lakhs)

  • Net Revenue From Operations: ₹1,981.21 (vs ₹1,553.60 in H2 FY26, ₹897.94 in H1 FY26)
  • Other Income: ₹91.36 (vs ₹14.47 in H2 FY26, ₹240.10 in H1 FY26)
  • Total Income: ₹2,072.58 (vs ₹1,568.07 in H2 FY26, ₹1,138.04 in H1 FY26)

Expense Breakdown (₹ in Lakhs)

  • Employee Benefit Expense: ₹133.04 (vs ₹108.11 in H2 FY26, ₹45.90 in H1 FY26)
  • Finance Costs: ₹0.00 (vs ₹0.40 in H2 FY26, ₹0.01 in H1 FY26)
  • Depreciation and Amortization: ₹136.75 (vs ₹72.74 in H2 FY26, ₹48.10 in H1 FY26)
  • Other Expense: ₹180.36 (vs ₹310.14 in H2 FY26, ₹55.57 in H1 FY26)
  • Total Expenses: ₹450.14 (vs ₹491.39 in H2 FY26, ₹149.58 in H1 FY26)

Profitability Metrics

  • Profit Before Tax: ₹1,622.44 (vs ₹1,078.97 in H2 FY26, ₹988.46 in H1 FY26)
  • Tax Expense: ₹407.80 (Current Tax: ₹390.40, Deferred Tax: ₹17.40)
  • Profit for Period from Continuing Operations: ₹1,214.64 (vs ₹789.09 in H2 FY26, ₹751.80 in H1 FY26)
  • Other Comprehensive Income: (₹31.98)
  • Net Profit for Period: ₹1,182.66 (vs ₹765.90 in H2 FY26, ₹770.60 in H1 FY26)

Capital Structure and Per Share Data

  • Paid-up Equity Share Capital: ₹1,755.82 lakhs (unchanged)
  • Face Value per Share: ₹10
  • Earnings Per Share (Basic/Diluted): ₹6.92 (not annualized)

Segment-wise Performance (H1 FY27)

Revenue by Segment (₹ in Lakhs)

  • Software Development and Trading Software System Services: ₹1,267.24
  • Share Trading Business: ₹713.97
  • Unallocated: ₹91.36

Segment Results (₹ in Lakhs)

  • Software Development Segment Profit: ₹862.12
  • Share Trading Business Profit: ₹668.96
  • Unallocated Income: ₹91.36

Segment Assets (as at September 30, 2026)

  • Software Development Assets: ₹1,612.13 lakhs
  • Share Trading Business Assets: ₹4,589.12 lakhs
  • Unallocated Assets: ₹2,283.30 lakhs

Balance Sheet Position (as at September 30, 2026)

Assets (₹ in Lakhs)

  • Total Assets: ₹8,484.55 (vs ₹7,330.61 as at March 31, 2026)
  • Non-Current Assets: ₹2,985.47 (Property, Plant & Equipment: ₹894.07, Investments: ₹1,678.33)
  • Current Assets: ₹5,499.09 (Securities for Trade: ₹2,439.70, Trade Receivables: ₹320.73, Cash & Cash Equivalents: ₹305.63)

Equity and Liabilities (₹ in Lakhs)

  • Shareholder's Funds: ₹8,113.62 (Equity Capital: ₹1,755.82, Other Equity: ₹6,357.80)
  • Non-Current Liabilities: ₹56.60 (Deferred Tax Liability: ₹52.83)
  • Current Liabilities: ₹314.34

Cash Flow Statement (H1 FY27)

  • Net Cash from Operating Activities: ₹1,541.08 lakhs
  • Net Cash from Investing Activities: (₹1,902.31) lakhs
  • Net Cash from Financing Activities: ₹0.00
  • Net Decrease in Cash: (₹361.23) lakhs
  • Closing Cash Balance: ₹305.63 lakhs

Accounting Standards Transition

  • The Company adopted Indian Accounting Standards (Ind AS) effective from April 1, 2026
  • Transition date: April 1, 2025
  • Comparative figures for previous periods have been restated to comply with Ind AS
  • Impact of transition recorded in opening reserves as at April 1, 2025

Material Corporate Developments

Amalgamation Proposal

  • Board of Directors approved proposal for amalgamation with Share India Securities Limited on going-concern basis
  • Valuation exercise to be undertaken, detailed Scheme of Amalgamation to be submitted to Board subsequently

Auditor Appointment

  • M/s Lalit Agarwal & Co. term expired on September 24, 2026 after 14th AGM
  • M/s S. Agarwal & Co. appointed as Statutory Auditors for five years from conclusion of 14th AGM

CSR Commitment

  • Board approved CSR contribution of ₹32,87,103 for FY 2026-27
  • ₹20,00,000 allocated towards activities under Schedule VII of Companies Act, 2013

IPO Fund Utilization and Variations

Fund Raising Details

  • Mode: Public Issue - Initial Public Offer (IPO)
  • Date: July 1, 2025
  • Amount Raised: ₹32,22,30,000 (Fresh Issue: ₹24,48,12,000; Offer for Sale: ₹7,74,18,000)

Deviation/Variation Approved

  • Shareholders approved via postal ballot on June 21, 2026:
  • Reallocation of ₹40,10,900 from "Fresh Issue - Issue Expenses" to "Capital Expenditure - Human Resources"
  • Extension of IPO proceeds utilization timeline for Capital Expenditure up to FY 2027-28
  • Permission to procure refurbished hardware and server infrastructure from certified vendors

Utilization Status (as at September 30, 2026)

  • Total Fresh Issue Proceeds Utilized: ₹2,263.16 lakhs
  • Capital Expenditure: ₹1,064.97 lakhs utilized against modified allocation of ₹1,290.11 lakhs
  • Unidentified Acquisition & General Corporate Purposes: ₹811.64 lakhs fully utilized
  • Issue Related Expenses: ₹386.48 lakhs fully utilized

Monitoring Agency

  • CARE Ratings Limited appointed as monitoring agency for IPO proceeds utilization
  • Monitoring agency report for relevant period awaited