Financial Performance Highlights
Consolidated Financials (₹ lakhs)
- Total Income: ₹5,186.53 (FY25: ₹3,391.16) - 53% increase
- Revenue from Operations: ₹4,865.82 lakhs (FY25: ₹3,171.22 lakhs)
- Profit before tax: ₹470.96 (FY25: ₹166.24)
- Net Profit: ₹329.87 lakhs (FY25: ₹68.83 lakhs) - 379% increase
- EPS: ₹0.52 (FY25: ₹0.14)
- Segment Revenue: Domestic ₹2,014.64 lakhs (41.4%), Foreign ₹2,851.18 lakhs (58.6%)
Standalone Financials (₹ lakhs)
- Total Income: ₹883.86 (FY25: ₹914.50)
- Profit after tax: ₹-73.86 (FY25: ₹5.61)
Dividend: No dividend recommended for FY26
Share Capital and Rights Issue
Paid-up Capital: ₹54,67,72,080 divided into 5,46,77,208 equity shares of ₹10 each
Rights Issue Status:
- Issued 3,25,01,058 shares on rights basis at ₹10 per share with ₹5 premium
- 2,94,09,836 shares fully subscribed and paid up
- 30,91,222 shares remained partly paid-up due to non-payment of First Call/Final Call monies
- After final opportunity, 4,51,312 shares allotted as fully paid-up on May 22, 2026
- Remaining 26,39,910 shares proposed for forfeiture (subject to shareholder approval)
Annual General Meeting Details
36th AGM Date: August 14, 2026 (Friday) at 09:00 AM IST
Meeting Mode: Video Conferencing/Other Audio-Visual Means
Book Closure: August 4, 2026 to August 14, 2026 (both days inclusive)
Ordinary Business
1. Adoption of audited standalone and consolidated financial statements for FY26
2. Re-appointment of Ms. Kanthi Reddy Sunkerneni as director retiring by rotation
3. Taking note of revision in remuneration of Key Managerial Personnel of material subsidiary
4. Approval for forfeiture of 26,39,910 partly paid-up equity shares
Special Business
1. Borrowing powers: Seeking approval to borrow up to ₹100 crore for fund-based facilities and ₹100 crore for non-fund-based facilities
2. Creation of charge/mortgage: Seeking approval to create security interests on company assets for securing borrowings
3. Loans/guarantees/investments under Section 186: Approval for transactions up to ₹100 crore
4. Loans to entities with director interest under Section 185: Approval for transactions up to ₹50 crore
5. Material related party transactions under SEBI Regulation 23: Approval for material RPTs
6. Modification of AIL ESOP-2023 and implementation through trust: Approval to modify ESOP scheme through 'Adroit Infotech Employees Welfare Trust'
Significant Transactions and Financial Position
Balance Sheet Position:
- Total Assets: ₹11,488.57 lakhs (FY25: ₹9,647.56 lakhs)
- Total Equity: ₹7,648.40 lakhs (FY25: ₹7,360.58 lakhs)
- Cash & Cash Equivalents: ₹3,966.36 lakhs (FY25: ₹3,752.82 lakhs)
- Trade Receivables: ₹1,824.54 lakhs (FY25: ₹1,313.32 lakhs)
- Borrowings: ₹2,565.04 lakhs (FY25: ₹1,498.30 lakhs)
Key Transactions:
- Sold intangible asset (SAP S/4 HANA Data Transformation) to subsidiary Verso Altima for ₹242.88 lakhs
- Investment in commercial property increased to ₹2,146.34 lakhs (FY25: ₹1,517.86 lakhs)
- Professional consultancy fees increased to ₹1,092.14 lakhs (FY25: ₹419.12 lakhs)
Subsidiaries and Corporate Structure
The company has 3 subsidiaries as of March 31, 2026:
1. Verso Altima India Private Limited: Revenue ₹4,540.95, PAT ₹361.57
2. Adroit Infotech LLC FZ (Dubai): Revenue ₹228.62, PAT ₹95.56
3. Verso Altima India Pte Ltd (Singapore): Loss ₹2.32
Audit and Compliance
Auditors: M/s. Rao and Shyam, Chartered Accountants
Audit Opinion: Unmodified opinion confirming adequate internal financial controls
Key Findings: No pending litigations impacting financial position, no material foreseeable losses
Financial Ratios (FY26 vs FY25):
- Current Ratio: 1.96 (2.24) - 12.5% decrease
- Debt-Equity Ratio: 0.34 (0.20) - 70% increase
- Return on Equity: 4.31% (0.94%) - 358% increase
- Net Profit Ratio: 6.78% (2.17%) - 212% increase
- Return on Capital Employed: 8.19% (4.49%) - 82.4% increase
Future Outlook
The company expects consolidated revenue to reach ₹80.00 crores in FY27, representing approximately 54% YoY growth from FY26 consolidated revenue of ₹52.00 crores.