Company Overview

Globtier Infotech Limited, a managed IT and SAP support service provider, reported its financial results for FY 2025-26 and announced details for its 14th Annual General Meeting. The company serves diverse industries including Automotive, Manufacturing, Retail, BFSI, Government, Logistics, Healthcare, Consumer Goods, and Enterprise Services.

Financial Performance

Consolidated Results (FY26 vs FY25):

  • Revenue from operations: ₹753.59 crore (decreased 20.16% from ₹943.90 crore)
  • Net profit: ₹9.05 crore (declined 84.33% from ₹57.74 crore)
  • Basic and diluted EPS: ₹0.67 (down from ₹5.10)

Standalone Results (FY26 vs FY25):

  • Revenue from operations: ₹730.46 crore (decreased 22.48% from ₹942.27 crore)
  • Net profit: ₹13.35 crore (declined 77.88% from ₹60.36 crore)
  • Basic and diluted EPS: ₹0.99 (down from ₹5.34)

Significant Transactions

Property Acquisition: The company acquired immovable property from Director Ms. Rekha Shukla for ₹26.10 crore, settling a capital advance of ₹20.00 crore paid earlier.

IPO Proceeds Utilization: The company fully utilized ₹274.41 crore from its fresh issue of 38,11,200 equity shares at ₹72 per share for:

  • Working capital requirements: ₹115.00 crore (100% utilized)
  • Loan repayment: ₹83.00 crore (100% utilized)
  • General corporate purposes: ₹40.91 crore (100% utilized)
  • IPO issue expenses: ₹35.50 crore (100% utilized)

Corporate Developments

AGM Details: The 14th Annual General Meeting will be held on September 24, 2026, via video conference. Key agenda items include:

  • Adoption of FY26 financial statements
  • Re-appointment of Mr. Rahul Shukla as director
  • Approval of revised remuneration for Mr. Rajiv Shukla and Ms. Rekha Shukla (₹5.20 crore each plus commission)
  • Approval for increased remuneration for Ms. Sanskriti Shukla (relative of promoters) from ₹3.00 crore to ₹3.60 crore

Subsidiaries: The company holds subsidiaries including Botgo Technologies Private Limited (77.14%), Globtier USA LLC (99.99%), and Globtier UK Limited (100% incorporated October 23, 2025).

Labour Code Impact: The company restructured employee compensation framework effective April 1, 2026, due to implementation of new Labour Codes, recognizing incremental cost of ₹18.17 lakhs.

Operational Highlights

  • Launched Cloud FinOps platform for cloud cost optimization
  • Entered UK market through partnership with Liferay for Digital Experience solutions
  • Developed AI-powered Service Management Platform
  • Total permanent employees: 611 with attrition rate of 40.36%
  • CSR expenditure: ₹11.81 lakhs on education projects