Board Meeting Details

The Board of Directors meeting was held on July 29, 2026, commencing at 06:15 p.m. (IST) and concluding at 07:15 p.m. (IST).

Financial Results Approval

The Board approved the following items based on Audit Committee recommendations:

1. Unaudited Financial Results for the quarter ended June 30, 2026 (Standalone and Consolidated)

2. Appointment of Secretarial Auditor - Ms. Ramadevi Satish Venigalla, Practicing Company Secretary (FCS No: 7345 | COP No: 17889) for five consecutive years from FY 2026-27 to FY 2030-31, subject to shareholder approval at the ensuing AGM

Auditor Review

Statutory Auditors Chokshi & Chokshi LLP issued unmodified opinions in their limited review reports on both standalone and consolidated financial results for the quarter ended June 30, 2026.

Consolidated Financial Results (Q1 FY27)

  • Total Income: ₹6,765.55 million
  • Profit Before Tax: ₹1,277.01 million
  • Tax Expense: ₹326.24 million
  • Profit After Tax: ₹950.77 million
  • Other Comprehensive Income: (₹3.93) million
  • Total Comprehensive Income: ₹946.84 million
  • Earnings Per Share (Basic): ₹6.41
  • Paid-up Equity Share Capital: ₹168.48 million (168,483,022 shares of ₹1 each)

Standalone Financial Results (Q1 FY27)

  • Total Income: ₹2,273.15 million
  • Profit Before Tax: ₹694.54 million
  • Tax Expense: ₹175.06 million
  • Profit After Tax: ₹519.48 million
  • Other Comprehensive Income: (₹0.49) million
  • Total Comprehensive Income: ₹518.99 million
  • Earnings Per Share (Basic): ₹3.50
  • Earnings Per Share (Diluted): ₹3.21
  • Paid-up Equity Share Capital: ₹168.48 million

IPO Details and Fund Utilization

The company completed its Initial Public Offering comprising:

  • Fresh issue of 49,707,602 equity shares
  • Offer for sale of 4,439,788 equity shares
  • Issue price: ₹171 per share
  • Listing date: May 8, 2026 on NSE and BSE
  • Fresh issue proceeds: ₹8,500.00 million

IPO Fund Utilization as of June 30, 2026:

| Purpose | Amount as per Offer Document (₹ million) | Amount Utilized (₹ million) | Unutilized Amount (₹ million) |

| Augmenting subsidiary capital base | 6,375.00 | 6,368.03 | 6.97 |

| General Corporate Purposes | 1,565.85 | 1,085.97 | 479.88 |

| Issue related expenses | 559.15 | 271.04 | 288.11 |

| Total | 8,500.00 | 7,725.04 | 774.96 |

Note: The company invested ₹6,375 million into equity share capital of its subsidiary through rights issue, with ₹6,368.03 million utilized towards loan disbursement by the subsidiary. Unutilized IPO proceeds are parked in fixed deposits and current accounts.

Subsidiary Information

The consolidated results include:

1. OnEMI Technology Solutions Limited (Holding Company)

2. Si Creva Capital Services Private Limited (Subsidiary)

3. Invincible Minds Private Limited (Subsidiary)

Subsidiary Financials (before consolidation adjustment):

  • Total Revenue: ₹4,643.00 million
  • Total Net Profit After Tax: ₹436.27 million
  • Total Comprehensive Income: ₹432.84 million

Corporate Developments

1. New Subsidiary: Incorporated Invincible Minds Private Limited on June 17, 2026, a wholly-owned subsidiary for distribution of mutual fund products and other financial services

2. NCD Issuance: Subsidiary Si Creva Capital Services Private Limited allotted 32,500 Secured, Rated, Listed, Redeemable, 11% Non-Convertible Debentures of ₹100,000 each (aggregating ₹325 crores) on private placement basis on July 13, 2026, listed on BSE on July 15, 2026

3. ESOP Updates:

  • Recognized amortized share-based payment expense of ₹50.75 million (consolidated) and ₹9.34 million (standalone) for Q1 FY27
  • Shareholders approved amendment and ratification of KISSHT ESOP - 2019, 2021, and 2022 on June 27, 2026

Secretarial Auditor Appointment

Ms. Ramadevi Satish Venigalla, Practicing Company Secretary with over 20 years of experience in corporate laws and securities regulations, appointed as Secretarial Auditor for five years subject to shareholder approval.

Notes to Financial Results

  • Figures rounded to nearest million except per share data
  • Comparative figures regrouped/reclassified for comparability
  • Q1 FY25 figures unaudited and not reviewed by statutory auditors
  • Q4 FY26 figures are balancing figures between audited annual financials and special purpose interim financials prepared for IPO
  • No stock options granted or shares allotted under ESOPs during the quarter
  • No deviation/variation in IPO fund utilization
  • Monitoring agency: Crisil Ratings Limited