Summary of Key Information:
Security Code: 539678
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Financial Results
Audit Opinion:
Limited Review Report with unmodified opinion issued by M S K A & Associates LLP, Chartered Accountants
Key Financial Highlights [₹ in Crores]:
Consolidated Results:
Revenue from Operations: ₹44.99 crore (Q1 FY26: ₹57.23 crore, -21.4% YoY)
Total Income: ₹59.09 crore
Net Profit: ₹(5.28) crore loss (Q1 FY26: ₹(5.51) crore loss)
EPS: ₹(0.94) basic and diluted
Other Equity: Not specified
Cash and Cash Equivalents: Not specified
Debt: Not specified
Standalone Results:
Revenue from Operations: ₹44.99 crore
Total Income: ₹59.09 crore
Net Profit: ₹(5.10) crore loss
EPS: ₹(0.91) basic and diluted
Other Equity: Not specified
Cash and Cash Equivalents: Not specified
Debt: Not specified
Segment-wise Performance:
Based on geographical segments:
- India Revenue: ₹41.35 crore (91.9% of total)
- Outside India Revenue: ₹3.64 crore (8.1% of total)
Based on business segments (from presentation):
- Enterprise Revenue: ₹30.0 crore (-5.5% YoY)
- Consumer Revenue: ₹19.2 crore (-39.3% YoY)
Corporate Actions:
- Re-appointment of Mr. Richard Stiennon (DIN: 09324046) as Non-Executive Independent Director for second term of 5 consecutive years effective September 27, 2026, subject to shareholder approval
- Shifting of Registered Office within Pune from Solitaire Business Hub, Viman Nagar to S. No. 1442-1445, Thube Park, Shivajinagar effective July 30, 2026
- Books of Accounts kept at Corporate Office at 3rd and 4th Floor, Indiqube Orchid, Shastrinagar, Yerwada, Pune
Other Significant Information:
- Other income includes ₹6.73 crore refund of pre-deposit and related interest from Service Tax proceedings [Non-Recurring]
- Recognized ₹1.33 crore incremental expense under Employee benefits expense due to implementation of New Labour Codes
- Order Book: ₹56+ crore
- Deferred Revenue: ₹52.3 crore (Q4 FY26: ₹33.8 crore)
- Overdues reduced by nearly ₹70 crore since H1 FY26, now at ₹106.6 crore
- Secured new patent for Network Access Control (NAC) technology
- Partnership with JISA Softech for DPDP compliance
- Defense sector order for 1.5 lakh devices
- New Seqrite XDR customer in banking technology sector
- Threat intelligence order from large IT services company