Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Decisions
Audit Opinion:
Clean/Unmodified - Statutory auditors issued an unmodified review conclusion on both standalone and consolidated unaudited financial results.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Revenue from Operations: ₹7,657.55 (Q1 FY27) vs ₹6,742.46 (Q1 FY26) - 13.57% YoY increase
Total Income: ₹7,841.57 (Q1 FY27) vs ₹6,878.26 (Q1 FY26)
Net Profit: ₹718.26 (Q1 FY27) vs ₹1,333.58 (Q1 FY26) - 46.14% YoY decrease
EPS: ₹1.72 (Basic and Diluted) vs ₹3.28/3.26 (Q1 FY26)
Other Equity: ₹72,856.61
Consolidated Results:
Revenue from Operations: ₹8,312.31 (Q1 FY27) vs ₹7,214.15 (Q1 FY26) - 15.22% YoY increase
Total Income: ₹8,312.31 (Q1 FY27) vs ₹7,214.15 (Q1 FY26)
Net Profit: ₹528.10 (Q1 FY27) vs ₹697.60 (Q1 FY26) - 24.30% YoY decrease
Profit attributable to Equity Shareholders: ₹533.00 (Q1 FY27)
EPS: ₹1.26 (Basic and Diluted) vs ₹1.75/1.74 (Q1 FY26)
Other Equity: ₹68,262.71 (Owner's Share) + ₹192.93 (Non-Controlling Interest)
Expense Breakdown (Standalone):
Project Expenses: ₹3,221.55 (105.32% YoY increase)
Employees benefit expense: ₹1,457.67 (11.72% YoY decrease)
Finance costs: ₹313.60 (1.47% YoY decrease)
Depreciation and amortisation expense: ₹1,148.16 (24.91% YoY increase)
Other expenses: ₹678.11 (19.20% YoY increase)
Segment-wise Performance:
The Company operates only in one Primary Segment i.e. GIS based services, hence segment-wise disclosure not required.
Corporate Actions:
Rights Issue:
- Approved by Board on June 26, 2026
- Issue price: ₹50 per fully paid-up equity share (including premium of ₹45)
- Rights entitlement ratio: 3 shares for every 5 shares held
- Aggregate issue: up to 2,50,74,226 shares aggregating ₹125.37 crore
- Record date: August 6, 2026
- Issue opens: August 14, 2026
- Issue closes: August 21, 2026
QIP Utilization:
- QIP completed on May 17, 2025: 17,39,625 equity shares at ₹632.32 per share, aggregating ₹11,000 lakhs
- Unutilized balances temporarily invested except ₹1,738 lakhs which was transferred to current account but returned to monitoring account
Management Changes:
Appointments effective August 14, 2026:
1. Mr. Nikhil Alulkar appointed as Chief Executive Officer (CEO) and Key Managerial Personnel
- Seasoned technology leader with 25+ years experience
- Previously Senior VP and Country Head at Tech Mahindra
- Education: Engineering from Pune University, ePGDM from TAPMI
2. Mr. Dhiman Basu Ray appointed as Chief Technology Officer (CTO)
- 26 years experience in technology and digital engineering
- Previously held leadership positions at Tech Mahindra, TCS, Wipro, Zensar
- Education: Engineering from Jadavpur University (Mechatronics, Computer Science)
Redesignation effective August 14, 2026:
Mr. Aniruddha Roy redesignated from Chief Technology Officer (CTO) to Chief Innovation Officer
- 30+ years experience in geospatial and technology sectors
- Education: M.Tech from IIT Roorkee, PhD from IIT (ISM) Dhanbad, MBA in Disaster Management
Exceptional Items:
For year ended March 31, 2026: Recognized exceptional item of ₹509.62 lakhs (Gratuity - ₹356.35 lakhs and Leave Encashment - ₹153.26 lakhs) due to implementation of New Labour Codes effective November 21, 2025
Subsidiary Information:
Consolidation includes:
- AN Virtual World Tech Limited (Subsidiary)
- Genesys Middle East Company Limited (Wholly Owned Subsidiary)
One subsidiary's interim financial information not reviewed by their auditors but certified by Management: Total revenues ₹489.20 lakhs, total loss after tax ₹218.82 lakhs for Q1 FY27