Key Quantitative Figures

Standalone Financial Results (Q4 FY26)

  • Revenue from Operations: ₹902.58 lakh
  • Other Income: ₹35.02 lakh
  • Total Income: ₹937.60 lakh
  • Total Expenses: ₹2,927.25 lakh
  • Employee benefits expense: ₹932.18 lakh
  • Depreciation and amortization: ₹117.75 lakh
  • Finance cost: ₹48.80 lakh
  • Other expenses: ₹1,828.53 lakh
  • Profit before tax: (₹1,989.65) lakh (Loss)
  • Tax Expense: ₹0.00 lakh
  • Profit for the period: (₹1,989.65) lakh (Loss)
  • Total Comprehensive Income: (₹1,982.58) lakh (Loss)
  • Basic EPS (Continuing Operations): (₹5.19)
  • Diluted EPS (Continuing Operations): (₹3.56)

Standalone Financial Results (FY26)

  • Revenue from Operations: ₹2,573.75 lakh
  • Other Income: ₹51.22 lakh
  • Total Income: ₹2,624.97 lakh
  • Total Expenses: ₹5,189.11 lakh
  • Profit before tax: (₹2,564.14) lakh (Loss)
  • Profit for the year: (₹2,564.14) lakh (Loss)
  • Total Comprehensive Income: (₹2,563.03) lakh (Loss)
  • Basic EPS (Continuing Operations): (₹12.39)
  • Diluted EPS (Continuing Operations): (₹4.58)

Consolidated Financial Results (Q4 FY26)

  • Profit for the period: (₹944.10) lakh (Loss)
  • Attributable to owners: (₹862.23) lakh
  • Attributable to non-controlling interest: (₹63.79) lakh
  • Total Comprehensive Income: (₹926.02) lakh (Loss)
  • Basic EPS: (₹2.26)
  • Diluted EPS: (₹1.69)

Consolidated Financial Results (FY26)

  • Profit for the year: (₹1,647.18) lakh (Loss)
  • Attributable to owners: (₹1,672.22) lakh
  • Attributable to non-controlling interest: ₹55.75 lakh
  • Total Comprehensive Income: (₹1,616.47) lakh (Loss)
  • Basic EPS: (₹3.94)
  • Diluted EPS: (₹2.94)

Balance Sheet Highlights (Standalone as at March 31, 2026)

  • Total Assets: ₹12,031.55 lakh
  • Non-Current Assets: ₹9,760.88 lakh
  • Property, plant and equipment: ₹56.09 lakh
  • Right-of-use assets: ₹865.71 lakh
  • Other Intangible assets: ₹1,142.53 lakh
  • Intangible Assets Under Development: ₹7,590.22 lakh
  • Investments: ₹90.98 lakh
  • Other Financial Assets: ₹15.35 lakh
  • Current Assets: ₹2,270.67 lakh
  • Trade Receivables: ₹761.35 lakh
  • Cash & Cash Equivalents: ₹1.92 lakh
  • Loans: ₹1,124.23 lakh
  • Other Financial Assets: ₹96.49 lakh
  • Other Current Assets: ₹286.68 lakh
  • Total Equity: ₹7,492.44 lakh
  • Equity Share Capital: ₹4,177.69 lakh
  • Other Equity: ₹3,314.74 lakh
  • Total Liabilities: ₹4,539.12 lakh
  • Non-Current Liabilities: ₹1,138.79 lakh
  • Borrowings: ₹0.00 lakh
  • Lease liability: ₹681.66 lakh
  • Other Non-Current financial Liabilities: ₹457.13 lakh
  • Current Liabilities: ₹3,400.33 lakh
  • Borrowings: ₹1,607.62 lakh
  • Lease liability: ₹258.45 lakh
  • Trade Payables: ₹84.95 lakh
  • Other Financial Liabilities: ₹466.69 lakh
  • Other Current Liabilities: ₹961.09 lakh
  • Provisions: ₹14.97 lakh
  • Current Tax Liabilities: ₹6.57 lakh

Key Decisions and Updates

1. Conversion of Inter-Corporate Deposits (ICDs)

The Board approved the conversion of outstanding ICDs extended to the Company by SMCV Management Services Private Limited and other promoters into equity shares. This is subject to applicable statutory and regulatory approvals.

  • Purpose: To strengthen the capital structure, optimize debt position, and support long-term business growth and financial stability.
  • Terms: The equity shares to be allotted will rank pari passu with existing shares. Detailed terms including the number of shares, issue price, and allottee names will be finalized subject to necessary approvals.

2. Management Changes

  • Mr. Ganesh Natarajan (DIN: 00176393): Change in designation from Whole-time Director (Executive Director) to Non-Executive Non-Independent Director, designated as Non-Executive Chairman, effective July 1, 2026.
  • Mr. Sai Manik Sud (DIN: 11741274): Appointed as an Additional Non-Executive Independent Director effective May 26, 2026, for a term of five years.

3. Pending Acquisition - Antworks Solutions India Private Limited (ASIPL)

The Company has entered into an arrangement to acquire 100% equity shareholding of ASIPL (1,63,35,593 shares) via a share swap.

  • Consideration: Issuance of up to 1,22,51,111 fully paid-up equity shares of the Company at an issue price of ₹82.87 per share (including a premium of ₹72.87 per share).
  • Status: Requisite approvals and closing conditions are pending as of the reporting date (March 31, 2026).
  • Accounting Treatment: The acquisition has not been recorded as an investment, and ASIPL has not been consolidated. The proposed allotment of shares has been considered for diluted EPS calculation.

4. Other Material Notes from Financials

  • Rights Issue (March 2025): Issued 1,91,61,915 partly paid-up equity shares (face value ₹10). A final call was made in April 2025. 1,90,32,960 shares became fully paid-up; 1,28,955 shares were forfeited due to non-payment.
  • Subsidiary Acquisition: Acquired the balance 45% equity stake in Itarium Technology Private Limited for an additional investment of ₹990 lakhs (cash), making it a wholly-owned subsidiary.
  • Impairment Charge: Recognized an impairment charge of ₹1,623.72 lakhs on its investment in Global Talent Track Private Limited due to impairment of intangible assets in the subsidiary.
  • CRG Solutions Acquisition: Paid an advance of ₹900 lakhs (₹500 lakhs + ₹400 lakhs) for acquiring the remaining 22.19% equity stake. Transfer pending; it remains a subsidiary with non-controlling interest.
  • Acquisition of Alpharithm Technologies: Acquired 100% for a total value of ₹1,500.00 lakhs (cash and share swap). Shares transferred on April 18, 2025; effective control from April 1, 2025.
  • Gratuity Liability Recalculation: Recalculated as per revised Labour Act rules (50% of CTC/eligible salary). Additional provision recognized in Employee Benefit Expenses.
  • Liability for transferred employees from Alpharithm: ₹118.93 lakhs
  • Liability for transferred employees from Itarium: ₹21.85 lakhs
  • Liability for employees taken over from Antworks: ₹162.16 lakhs
  • Total Gratuity Liability recognized as of March 31, 2026: ₹352.66 lakhs

Dates and Regulatory References

  • Board Meeting Date: May 26, 2026 (10:00 PM to 11:00 PM IST)
  • Financial Period: Quarter and Year ended March 31, 2026
  • SEBI Regulations: Disclosure made under Regulation 30, 29(2), 33, and 52 of the SEBI (LODR) Regulations, 2015.
  • Auditor: Mehta and Mehta, Chartered Accountants (Firm Reg. No.: 016513C). Unmodified audit opinion.

Financial Impact

  • The conversion of ICDs to equity will strengthen the capital structure but may lead to dilution for existing shareholders. The exact impact depends on the final number of shares issued.
  • The reported losses for both Q4 and FY26 are significant and impact shareholder equity.
  • The pending ASIPL acquisition has no current financial impact as it is not yet approved or accounted for.

Additional Information

  • The financial results are available on the Company's website (www.gttdata.ai) and BSE website (www.bseindia.com).
  • No investor complaints were pending as of March 31, 2026.
  • The company operates in two segments: Training and IT Business.