Key Quantitative Figures

Consolidated Financial Results (FY 2025-26):

  • Total Income: ₹22,871.83 lakh
  • Total Expenses: ₹19,394.13 lakh
  • Profit Before Exceptional Items and Tax: ₹3,477.70 lakh
  • Exceptional Items (Labour Code impact): ₹273.24 lakh
  • Profit Before Tax: ₹3,204.46 lakh
  • Total Tax Expense: ₹803.76 lakh
  • Profit for the Year: ₹2,400.70 lakh
  • Other Comprehensive Income: ₹99.48 lakh
  • Total Comprehensive Income: ₹2,500.18 lakh
  • Basic & Diluted EPS: ₹6.10

Consolidated Balance Sheet (as at March 31, 2026):

  • Total Assets: ₹21,476.21 lakh
  • Total Equity: ₹10,314.28 lakh
  • Non-Current Liabilities: ₹3,054.54 lakh
  • Current Liabilities: ₹8,081.39 lakh

Standalone Financial Results (FY 2025-26):

  • Total Income: ₹21,641.69 lakh
  • Total Expenses: ₹18,680.31 lakh
  • Profit Before Exceptional Items and Tax: ₹2,961.38 lakh
  • Exceptional Items (Labour Code impact): ₹273.24 lakh
  • Profit Before Tax: ₹2,688.14 lakh
  • Total Tax Expense: ₹662.79 lakh
  • Profit for the Year: ₹2,025.35 lakh
  • Other Comprehensive Income: ₹218.05 lakh
  • Total Comprehensive Income: ₹2,243.40 lakh

Dates of Action

  • Board Meeting: July 20, 2026 (6:00 PM to 10:00 PM)
  • Financial Period: Quarter and Year ended March 31, 2026
  • Dividend Approval Date: July 20, 2026 (subject to AGM approval)
  • IPO Listing Date: July 2, 2026 (post-reporting period)

Parties Involved

  • Statutory Auditor: M/s SRB & Associates (ICAI FRN: 310009E)
  • Internal Auditor: M/s PBM & Associates (ICAI FRN: 325307E)
  • CFO: Mr. Neeraj Sahni
  • Chairman, MD & CEO: Mr. Priyadarshi Pany (DIN: 00824049)

Dividend Information

  • Final Dividend Recommended: ₹0.50 per equity share for FY 2025-26
  • Total Equity Shares: 5,16,03,472
  • Aggregate Dividend Outflow: Approximately ₹258.02 lakh
  • Payment Timeline: Within 30 days from AGM approval
  • Interim Dividend Paid: ₹0.60 per share (April 14, 2026 declaration)

Auditor Appointments

  • Reappointed M/s PBM & Associates as Internal Auditors for FY 2026-27
  • Statutory Auditor M/s SRB & Associates issued unmodified audit opinion

IPO Details (Subsequent Event)

  • Completed IPO comprising 1,29,01,000 equity shares of ₹10 each
  • Issue Price: ₹113 per share
  • Gross Proceeds: ₹14,578.13 lakh
  • Listed on NSE and BSE on July 2, 2026
  • No financial impact on FY 2025-26 results (non-adjusting event)

Significant Accounting Treatments

Labour Code Implementation:

  • Recognized exceptional item of ₹273.24 lakh for gratuity (₹237.38 lakh) and leave encashment (₹35.86 lakh)
  • Based on actuarial valuation and new wage definition under labour codes
  • Implemented prospectively from April 1, 2026

Bank Guarantee Charges:

  • Changed accounting policy to amortize charges over guarantee tenure
  • Reduced expenses by ₹86.19 lakh for FY 2025-26
  • Comparative figures not restated

Intangible Assets Under Development:

  • Capitalized ₹1,025.01 lakh for development of:
  • CSM AI Foundry
  • Plantric
  • LCNC Framework
  • eSigner
  • Aadhaar Secure Vault
  • Tendrils ERP

Subsidiary Information

Kwantify Solutions Private Limited:

  • Acquired 90% equity on June 9, 2025
  • Purchase consideration: Cash ₹30.69 lakh + 34,200 equity shares of CSM at ₹438/share
  • Consolidated from acquisition date

Foreign Subsidiaries:

  • Five subsidiaries outside India with total assets ₹673.96 lakh
  • Financials converted from local GAAP to Ind AS
  • CSM Technologies Inc. (USA) and CSM Tech Corp (Canada) have going concern issues
  • Holding company committed financial support

Going Concern Assessment

  • Statutory auditors of US and Canadian subsidiaries raised going concern doubts
  • Management believes subsidiaries can continue with holding company support
  • Financial results prepared on going concern basis

Capital Structure Impact

  • Post-IPO equity capital increased to 5,16,03,472 shares (from pre-IPO 3,87,02,472 shares)
  • Equity share capital: ₹3,870.25 lakh (standalone)
  • No dilution impact on FY 2025-26 results

Cash Flow Implications

  • Dividend outflow: ₹258.02 lakh (final) + ₹232.21 lakh (interim) = ₹490.23 lakh total
  • IPO proceeds: ₹14,578.13 lakh received post-year-end
  • Operating cash flow (consolidated): (₹554.76) lakh
  • Investing cash flow: (₹1,838.95) lakh
  • Financing cash flow: ₹2,950.03 lakh

Forward-Looking Information

  • Monitoring finalization of labour code rules for potential accounting changes
  • Continuing development of intangible assets under development
  • Business development measures for subsidiaries with going concern issues