Detailed Summary

Board Meeting Details

The Board of Directors meeting was held on Tuesday, 03rd November, 2026, commencing at 12:30 pm and concluding at 05:00 pm.

Key Transactions Approved

1. Approval of Financial Results: The Board approved the Unaudited (Standalone & Consolidated) Financial Results for the second quarter and half-year ended on 30th September, 2026.

2. Limited Review Reports: The Board took on record the Limited Review Reports on the Unaudited (Standalone & Consolidated) Financial Results for the quarter & half-year ended on 30th September, 2026, issued by M/s. R A Kuvadia & Co, Statutory Auditors of the Company.

3. Amendment to Memorandum of Association: Subject to approval of members of the company and other regulatory approvals, the Board considered and approved amendment to object clause in the Memorandum of Association of the Company. The amendment involves insertion of two new object clauses:

  • (1C) To carry on business of developing, owning, operating and marketing online/offline platforms, marketplaces, applications, digital infrastructure and technology-enabled solutions for procurement, booking, reservation, ordering, sale, purchase, fulfillment, expense management and spend management of goods and services, including travel and tourism services, mobility services, tours, hospitality, events, and other business and consumer services.
  • (1D) To carry on business of research, design, development, training, fine-tuning, deployment, hosting, licensing, sale and support of artificial intelligence, machine learning, generative AI, large language models, AI agents and assistants, conversational and voice AI, computer vision, optical character recognition, natural language processing, predictive analytics and decision-intelligence solutions; IoT and Industrial IoT devices, sensors, edge gateways, controllers and connectivity solutions.

Financial Results Overview (₹ in Lakhs)

Standalone Performance
  • Quarter Ended 30-09-2026: Revenue from Operations: ₹1,099.25; Other Income: ₹110.56; Total Revenue: ₹1,209.81; Total Expenses: ₹1,175.34; Profit Before Tax: ₹34.47; Tax Expense: ₹9.19; Profit For The Period: ₹25.28
  • Quarter Ended 30-06-2026: Revenue from Operations: ₹1,012.34; Other Income: ₹115.41; Total Revenue: ₹1,127.75; Total Expenses: ₹1,121.60; Profit Before Tax: ₹6.15; Tax Expense: ₹(41.66); Profit For The Period: ₹47.81
  • Quarter Ended 30-09-2025: Revenue from Operations: ₹1,033.29; Other Income: ₹104.41; Total Revenue: ₹1,137.70; Total Expenses: ₹1,101.22; Profit Before Tax: ₹36.47; Tax Expense: ₹15.12; Profit For The Period: ₹21.35
  • Half Year Ended 30-09-2026: Revenue from Operations: ₹2,111.59; Other Income: ₹225.97; Total Revenue: ₹2,337.56; Total Expenses: ₹2,296.94; Profit Before Tax: ₹40.62; Tax Expense: ₹(32.47); Profit For The Period: ₹73.09
  • Half Year Ended 30-09-2025: Revenue from Operations: ₹2,070.99; Other Income: ₹209.88; Total Revenue: ₹2,280.87; Total Expenses: ₹2,203.10; Profit Before Tax: ₹77.77; Tax Expense: ₹23.93; Profit For The Period: ₹53.84
  • Earnings Per Share (Basic): Q2 FY27: ₹0.55; Q1 FY27: ₹1.04; Q2 FY26: ₹0.46; H1 FY27: ₹1.58; H1 FY26: ₹1.17
Consolidated Performance
  • Quarter Ended 30-09-2026: Revenue from Operations: ₹1,538.88; Other Income: ₹111.55; Total Revenue: ₹1,650.43; Total Expenses: ₹1,548.65; Profit Before Tax: ₹101.78; Tax Expense: ₹26.14; Profit For The Period: ₹75.64
  • Quarter Ended 30-06-2026: Revenue from Operations: ₹1,240.69; Other Income: ₹116.32; Total Revenue: ₹1,357.01; Total Expenses: ₹1,460.54; Profit Before Tax: ₹(103.53); Tax Expense: ₹(69.17); Profit For The Period: ₹(34.36)
  • Quarter Ended 30-09-2025: Revenue from Operations: ₹1,063.71; Other Income: ₹117.53; Total Revenue: ₹1,181.24; Total Expenses: ₹1,126.17; Profit Before Tax: ₹55.07; Tax Expense: ₹20.46; Profit For The Period: ₹34.60
  • Half Year Ended 30-09-2026: Revenue from Operations: ₹2,779.57; Other Income: ₹227.87; Total Revenue: ₹3,007.44; Total Expenses: ₹3,009.19; Profit Before Tax: ₹(1.75); Tax Expense: ₹(43.04); Profit For The Period: ₹41.28
  • Half Year Ended 30-09-2025: Revenue from Operations: ₹2,689.58; Other Income: ₹223.81; Total Revenue: ₹2,913.39; Total Expenses: ₹2,800.65; Profit Before Tax: ₹112.75; Tax Expense: ₹29.03; Profit For The Period: ₹83.72
  • Earnings Per Share (Basic): Q2 FY27: ₹1.63; Q1 FY27: ₹(0.75); Q2 FY26: ₹0.75; H1 FY27: ₹0.89; H1 FY26: ₹1.82

Balance Sheet Position (as at 30th September, 2026)

Standalone (₹ in Lakhs)
  • Total Assets: ₹6,726.91 (Previous: ₹6,478.64 as at 31st March, 2026)
  • Non-Current Assets: ₹871.43 (including Property, Plant & Equipment: ₹128.93, Right to use of Asset: ₹107.24, Other Intangible Assets: ₹344.01, Intangible Assets Under Development: ₹107.50)
  • Current Assets: ₹5,855.48 (including Trade Receivables: ₹1,173.34, Cash and Cash Equivalents: ₹446.89, Loans: ₹3,352.79, Current Tax Assets: ₹688.32)
  • Total Equity: ₹4,613.24 (Equity Share Capital: ₹463.48, Other Equity: ₹4,149.76)
  • Liabilities: ₹2,113.67 (Non-Current: ₹170.24, Current: ₹1,943.43)
Consolidated (₹ in Lakhs)
  • Total Assets: ₹7,385.33 (Previous: ₹7,062.62 as at 31st March, 2026)
  • Non-Current Assets: ₹814.83
  • Current Assets: ₹6,570.50 (including Trade Receivables: ₹1,524.10, Cash and Cash Equivalents: ₹526.80, Loans: ₹3,352.79, Current Tax Assets: ₹816.28)
  • Total Equity: ₹5,230.58 (Equity Share Capital: ₹463.48, Other Equity: ₹4,767.10)
  • Liabilities: ₹2,154.75 (Non-Current: ₹170.24, Current: ₹1,984.51)

Cash Flow Statements (Half Year Ended September 30, 2026)

Standalone (₹ in Lakhs)
  • Net Cash Flow from Operating Activities: ₹(640.06)
  • Net Cash Flow from Investing Activities: ₹(146.06)
  • Net Cash Flow from Financing Activities: ₹704.86
  • Net Decrease in Cash & Cash Equivalents: ₹(81.26)
  • Cash and Cash equivalents as at 30.09.2026: ₹446.89
Consolidated (₹ in Lakhs)
  • Net Cash Flow from Operating Activities: ₹(682.59)
  • Net Cash Flow from Investing Activities: ₹(163.55)
  • Net Cash Flow from Financing Activities: ₹706.76
  • Net Decrease in Cash & Cash Equivalents: ₹(139.38)
  • Cash and Cash equivalents as at 30.09.2026: ₹526.80

Additional Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 3rd November, 2026.

2. The Financial Results have been prepared in accordance with Companies Accounting Standard Rules 2015 (INDAS) and Regulation 33 of SEBI LODR.

3. The Company has identified Information Technology business as its only primary reportable segment.

4. During the quarter, the Company allotted 34,500 equity shares of face value ₹10 each on 12th August, 2026, pursuant to the exercise of Employee Stock Options.

5. Investor complaints for the quarter ended September 30, 2026: Received - Nil; Disposed - Nil; Closing Balance - Nil.

Auditor Reports

M/s. R A Kuvadia & Co., Chartered Accountants, issued unmodified limited review reports for both standalone and consolidated financial results dated 03.11.2026. For the consolidated results, the report notes that they did not review the interim financial statements of the subsidiary (Aeonx Digital Solutions Private Limited) which reflected total assets of ₹925.89 lakhs as at September 30, 2026, and total revenues of ₹669.88 lakhs for the quarter ended September 30, 2026.