Financial Performance Overview

CSM Technologies Limited announced its unaudited consolidated and standalone financial results for the quarter ended 30th June 2026 (Q1 FY27). The company reported a consolidated total income of ₹4,324.69 lakh (₹43.25 crore), representing a 21.2% year-on-year (YoY) increase from ₹3,569.32 lakh in Q1 FY26. However, the company reported a consolidated net loss of ₹828.07 lakh for the quarter, which represents a 12.7% increase in loss compared to the net loss of ₹734.76 lakh in Q1 FY26.

The company noted that Q1 is historically its lightest quarter, with revenue recognition weighted towards the second half of the financial year due to government project and budget cycles, operating against a substantially fixed cost base.

Consolidated Financial Highlights (₹ Lakh)

| Particulars | Q1 FY27 (Unaudited) | Q1 FY26 (Unaudited) | YoY Change | Q4 FY26 (Audited) | QoQ Change |

| Total Income | 4,324.69 | 3,569.32 | +21.2% | 6,166.85 | -29.9% |

| Profit/(Loss) before Tax | (1,074.95) | (960.15) | (12.0%) | 1,417.28 | NM |

| Net Profit/(Loss) after Tax | (828.07) | (734.76) | (12.7%) | 929.87 | NM |

| PAT Margin | -19.1% | -20.6% | +144 bps | 15.1% | NM |

| Total Comprehensive Income/(Loss) | (837.97) | (769.12) | (9.0%) | 1,084.08 | NM |

| Paid-up Equity Share Capital | 5,160.35 | 3,870.25 | +33.3% | 3,870.25 | +33.3% |

| Earnings/(Loss) per Share (₹) | (2.14) | (1.96) | NM | 2.41 | NM |

Note: NM = not meaningful due to sign change between comparative periods. Q4 FY26 figures are stated after an exceptional charge of ₹273.24 lakh towards the statutory impact of the new Labour Codes. Q4 FY26 Profit before Tax shown is the pre-exceptional figure of ₹1,417.28 lakh. There were no exceptional or extraordinary items in Q1 FY27 or Q1 FY26.

Standalone Financial Highlights (₹ Lakh)

| Particulars | Q1 FY27 (Unaudited) | Q1 FY26 (Unaudited) | YoY Change |

| Total Income | 4,100.90 | 3,218.23 | +27.4% |

| Profit/(Loss) before Tax | (1,035.58) | (1,188.80) | Loss down 12.9% |

| Profit/(Loss) after Tax | (777.81) | (890.85) | Loss down 12.7% |

| Total Comprehensive Income/(Loss) | (777.81) | (890.85) | Loss down 12.7% |

At the standalone level, the Company reduced its loss year-on-year on the back of 27.4% income growth.

Management Commentary

Mr. Priyadarshi Pany, Chairman, Managing Director & CEO, commented: \"The first quarter is seasonally our lightest, and this year followed that established pattern. What we are encouraged by is the top line: total income grew 21.2% year-on-year on a consolidated basis and 27.4% at the standalone level, and our standalone loss narrowed by 12.7%. Consolidated PAT margin also improved by 144 basis points year-on-year.\"

\"Our cost base is largely fixed through the year while revenue recognition remains weighted towards the second half, driven by government project and budget cycles. We continue to invest deliberately in proprietary platforms, AI and data-led capabilities, and in expanding our footprint across India and international markets. With a robust order book in hand, and a strengthened balance sheet following our listing, we remain confident of delivering a strong full-year FY27.\"

Operational and Business Highlights

  • The company secured a World Bank-funded contract worth INR 32.08 million (₹3.21 crore) in July 2026 to build an Electronic Auctioning Platform for Malawi's Public Private Partnership Commission
  • During the quarter, the paid-up equity share capital increased from ₹3,870.25 Lakh to ₹5,160.35 Lakh
  • The Company continued to invest in proprietary technology platforms and emerging technologies, including Artificial Intelligence, Machine Learning, cybersecurity, cloud, data analytics and automation
  • The Company leveraged its sectoral expertise across Mining & Allied Services, Government & Public Services, Agriculture & Allied Services, Industry & Trade Facilitation, Education, Healthcare and Tourism
  • The Company strengthened its presence across India and international markets, particularly Africa

Capital Structure

The paid-up equity share capital (Face Value of ₹10 each) increased by 33.3% YoY from ₹3,870.25 Lakh in Q1 FY26 to ₹5,160.35 Lakh in Q1 FY27, with the same increase quarter-on-quarter from Q4 FY26.

About the Company

CSM Technologies Limited is a technology solutions company specializing in GovTech solutions and digital transformation services. Headquartered in Bhubaneswar, Odisha, the company has established a presence across multiple states in India and select international markets, including Africa, the UAE, the United States and Canada. The company holds CMMI Development Maturity Level 5 and multiple ISO certifications.

Forward-Looking Statements

The press release contains forward-looking statements regarding the Company's future business expectations, which are subject to risks and uncertainties. The financial results for the quarter ended 30th June 2026 are unaudited and have been subjected to a limited review.