Summary of Key Information:
Reporting Period: Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and 33 of SEBI LODR
Audit Opinion:
M S K A & Associates LLP, Statutory Auditors, issued a Limited Review Report with an unmodified opinion on both consolidated and standalone financial results.
Key Financial Highlights [in Crores]:
Consolidated Results:
| Metric | Q2 FY27 | Q1 FY27 | Q2 FY26 | H1 FY27 | H1 FY26 | FY26 |
| Revenue from Operations | 64.93 | 44.99 | 83.52 | 109.92 | 140.75 | 261.02 |
| Other Income | 8.34 | 14.10 | 4.38 | 22.44 | 10.13 | 22.83 |
| Total Income | 73.27 | 59.09 | 87.90 | 132.36 | 150.88 | 283.85 |
| Net Profit/(Loss) | 5.80 | (5.28) | 7.91 | 0.52 | 2.40 | (10.93) |
| EPS (Basic) | 1.03 | (0.94) | 1.43 | 0.09 | 0.43 | (1.98) |
| EPS (Diluted) | 1.03 | (0.94) | 1.42 | 0.09 | 0.43 | (1.98) |
Standalone Results:
| Metric | Q2 FY27 | Q1 FY27 | Q2 FY26 | H1 FY27 | H1 FY26 | FY26 |
| Revenue from Operations | 64.94 | 44.99 | 83.52 | 109.93 | 140.75 | 261.06 |
| Other Income | 8.33 | 14.12 | 4.38 | 22.45 | 10.13 | 22.69 |
| Total Income | 73.27 | 59.11 | 87.90 | 132.38 | 150.88 | 283.75 |
| Net Profit/(Loss) | 5.80 | (5.10) | 8.07 | 0.70 | 2.62 | (10.43) |
| EPS (Basic) | 1.03 | (0.91) | 1.46 | 0.13 | 0.47 | (1.89) |
| EPS (Diluted) | 1.03 | (0.91) | 1.45 | 0.12 | 0.47 | (1.89) |
Financial Position as at September 30, 2026:
Consolidated Balance Sheet:
- Total Assets: ₹569.13 Crores (Mar 31, 2026: ₹546.99 Crores)
- Equity Share Capital: ₹54.27 Crores
- Other Equity: ₹381.90 Crores
- Cash and Cash Equivalents: ₹5.29 Crores (Mar 31, 2026: ₹13.14 Crores)
- Investments: ₹256.32 Crores (Mar 31, 2026: ₹205.19 Crores)
- Trade Receivables: ₹97.76 Crores (Mar 31, 2026: ₹137.59 Crores)
Standalone Balance Sheet:
- Total Assets: ₹570.96 Crores (Mar 31, 2026: ₹549.02 Crores)
- Equity Share Capital: ₹54.27 Crores
- Other Equity: ₹382.77 Crores
- Cash and Cash Equivalents: ₹4.69 Crores (Mar 31, 2026: ₹11.97 Crores)
- Investments: ₹256.32 Crores (Mar 31, 2026: ₹205.19 Crores)
- Trade Receivables: ₹99.41 Crores (Mar 31, 2026: ₹140.06 Crores)
Segment-wise Performance:
The Company operates in one reportable operating segment - cyber security platform.
Geographical Revenue (Consolidated):
- Within India: ₹61.49 Crores (Q2 FY27)
- Outside India: ₹3.44 Crores (Q2 FY27)
- Total: ₹64.93 Crores (Q2 FY27)
Corporate Actions:
Not Specified
Other Significant Information:
- Other income for Q1 FY27 includes refund of pre-deposit and related interest of ₹6.73 crores received in connection with Service Tax proceedings
- The Company recognized incremental expense of ₹1.33 crores under Employee benefit expense in FY26 due to impact of New Labour Codes
- Enterprise order book stands at ₹57+ Crores
- Total overdue reduced by nearly ₹78 Crores since H1FY26
- Management commentary highlights focus on enterprise business growth, tighter credit controls in consumer business, and cybersecurity innovation