Summary of Key Information:
Reporting Period (Quarter/Year): Fourth Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Regulation 30, 33 & other applicable Regulations of SEBI (LODR) Regulations, 2015
Audit Opinion:
The Statutory Auditors, P. Murali & Co., (Firm Registration No. 007257S), Chartered Accountants, Hyderabad, issued an Audit Report with an unmodified opinion on the Financial Results of the Company for the quarter and year ended March 31, 2026.
Auditor’s Comment:
No qualifications or modifications affecting earnings quality, internal controls, or going concern were reported. The audit was conducted in accordance with Standards on Auditing (SAs).
Key Financial Highlights [All Amounts in Indian Rupees Millions]:
Standalone Results:
Revenue from Operations: ₹1,001.01 (FY26) vs ₹868.09 (FY25) [YoY growth]
Total Income: ₹1,057.43 (FY26)
Net Profit: ₹80.15 (FY26) vs ₹99.02 (FY25)
EPS: ₹3.45 (Annualized, Basic) (FY26) vs ₹4.29 (Annualized, Basic) (FY25)
Other Equity: ₹2,416.25 (FY26) vs ₹751.90 (FY25)
Cash and Cash Equivalents: ₹93.18 (FY26) vs ₹10.26 (FY25)
Debt: Not explicitly disclosed as a total; components include Borrowings and Lease Liabilities
Consolidated Results:
Revenue from Operations: ₹1,350.32 (FY26) vs ₹889.00 (FY25) [YoY growth]
Total Income: ₹1,396.49 (FY26)
Net Profit: ₹10.06 (FY26) [Attribution: Owners ₹80.15, Non-Controlling Interest (₹70.09)] vs ₹99.02 (FY25) [Attributable only to Owners]
EPS: ₹0.20 (Annualized, Basic) (FY26) vs ₹2.86 (Annualized, Basic) (FY25)
Other Equity: ₹2,534.06 (FY26)
Cash and Cash Equivalents: ₹105.31 (FY26) vs ₹12.04 (FY25)
Debt: Not explicitly disclosed as a total; components include Borrowings and Lease Liabilities
Segment-wise Performance [All Amounts in Indian Rupees Millions]:
Standalone Segment Revenue (FY26):
- Information Technology / Software Services: ₹1,156.60
- Software License Resale: ₹885.53
Net Sales / Income from Operations: ₹1,001.01
Standalone Segment Results - Profit Before Tax, Depr. & Interest (FY26):
- Information Technology / Software Services: ₹35.73
- Software Licenses Resale: ₹54.19
Total: ₹89.92
Consolidated Segment Revenue (Quarter Ended 31.03.2026):
Not provided in a clear tabular format for FY26. Data shows Q4 revenue of ₹417.20M.
Corporate Actions:
- Dividend: Not declared or mentioned.
- Share Allotment: During the year, the company allotted 176,79,770 equity shares of ₹10 each at an issue price of ₹110 per share to the shareholders of ETO Motors Private Limited on May 12, 2025, under a share swap arrangement (non-cash transaction aggregating ₹1,944.77 million).
- Conversion of ICDs: The company's shareholding in ETO Motors Private Limited increased due to the conversion of ICDs into 7,32,608 equity shares at ₹110 per share (aggregate amount ₹80.59 million, including accrued interest of ₹0.59 million; non-cash).
- Asset Transfer: Transferred SaaS platform development expenditure amounting to ₹52.10 million to its wholly owned subsidiary, Roqit Greenfield Digital Solutions Private Limited, on a cost-to-cost basis against allotment of 62,00,000 equity shares of ₹10 each (non-cash).
Other Significant Information:
- Entities in Consolidation: The consolidated results include subsidiaries: Staytop Systems, Inc., USA; Roqit Greenfleet Digital Solutions Private Limited; and ETO Motors Private Limited (acquired on May 12, 2025).
- Exceptional Items: Profit on Sale of Land of ₹136.94 million (FY26) and ₹156.35 million (FY25). Statutory Impact of New Labour Codes of ₹(4.28) million (FY26).
- Change in Shareholding: Consequent to the share swap, the company's percentage shareholding in ETO Motors Private Limited reduced from 68.51% to 66.29%.
- Segment Reporting Change: The group derecognised the 'USA - Information Technology Services / Software Services' segment due to significantly reduced revenues.