Meeting Details and Voting Process

  • 21st AGM Date: November 30, 2026 at 11:00 AM IST via Video Conferencing
  • Remote e-voting Period: November 26-29, 2026 through MUFG Intime India Private Limited platform
  • Cut-off Date: November 23, 2026 for determining voting rights
  • Proposed Resolutions: Adoption of financial statements, reappointment of Ms. Komal Somani as Director, appointment of secretarial auditors M/s. Sharma and Trivedi LLP, and ratification of two ESOP schemes (2021 and 2024) covering 5.5 million options

Financial Performance Highlights

Consolidated Results (FY26):

  • Revenue from Operations: ₹4,722.10 million (30.68% growth YoY)
  • EBITDA: ₹2,342.34 million (51.23% growth) with margin expansion to 49.60%
  • Profit After Tax: ₹1,208.23 million (117.26% growth)
  • Return on Equity: 25.12%
  • International Revenue Share: 25.51% (significant increase from 5.29% in FY24)

Standalone Results (FY26):

  • Revenue from Operations: ₹3,781.17 million (5.8% growth YoY)
  • Net Profit: ₹621.49 million (2.3% growth)
  • Basic EPS: ₹6.19
  • Current Ratio: 2.40 improved from 2.16
  • Debt-Equity Ratio: 0.08 (reduced from 0.15)

Strategic Developments and Operational Highlights

  • IPO Completion: Successfully completed IPO on September 4, 2026, raising ₹7,200 million through fresh issue of 16,783,216 equity shares at ₹429 per share
  • AI Infrastructure Expansion: Signed major agreement for dedicated cluster of approximately 8,208 NVIDIA B300 GPUs in Australia with total contract value of approximately $1,250 million
  • IPO Proceeds Utilization: ₹5,760 million earmarked for cloud and GPU servers, storage, networking and supporting infrastructure at data centers
  • Customer Base: Served 2,501 customers (added 787 during year) with 89.04% retention rate using all three service lines
  • Data Centers: 5 operational Tier III data centers in India with 2 under development

Corporate Governance and Compliance

  • Promoter Shareholding: 45.86% (Piyush Somani 24.54%, PO Somani Family Trust 11.19%, Komal Somani 10.13%)
  • Public Shareholding: 54.14%
  • Contingent Liabilities: ₹551.67 million including performance guarantees (₹526.04 million) and GST disputes (₹23.01 million)
  • ESOP Programs: Two schemes with total 5.5 million options requiring post-IPO ratification
  • Compliance: Confirmed adherence to Companies Act 2013, SEBI LODR Regulations, Indian Accounting Standards, and Secretarial Standard-2

Additional Financial Information

  • Total Assets (Consolidated): ₹19,379.04 million
  • Cash and Cash Equivalents: ₹12,533.85 million
  • Related Party Transactions: Total value ₹94.87 million with subsidiaries, directors, and key managerial personnel
  • Employee Benefits: Gratuity obligation ₹81.38 million (standalone), ESOP expense ₹46.14 million
  • Capital Commitments: Estimated contracts remaining to be executed ₹174.44 million

Signatories and Regulatory Compliance

The document includes signatures from Chairman and Managing Director Piyush Somani, Whole Time Director Komal Somani, Company Secretary Prasad Deokar, CFO Nadukuru Sita Ramaiah, and auditors M S K C & Associates LLP. Full compliance with all applicable regulatory requirements is confirmed, including SEBI regulations for listed entities post-IPO.