Key Financial Figures - Standalone (Amount in lakhs of ₹)

Quarterly Performance:

  • Q4 FY26: Revenue from operations ₹923.59, Other income ₹133.48, Total income ₹1,057.07
  • Q4 FY26: Total expenses ₹1,240.56, comprising Employee benefits ₹870.14, Outsourcing costs ₹230.66, Finance costs ₹13.16, Depreciation ₹44.55, Other expenses ₹82.05
  • Q4 FY26: Loss before tax ₹(183.49), Tax expense ₹(41.57), Net loss ₹(141.92)
  • Q4 FY26: Basic and Diluted EPS: ₹(2.22) (not annualized)

Annual Performance FY26:

  • Revenue from operations: ₹4,865.75 (FY25: ₹5,672.52)
  • Other income: ₹339.28 (FY25: ₹272.79)
  • Total income: ₹5,205.03 (FY25: ₹5,945.31)
  • Total expenses: ₹5,022.20 (FY25: ₹5,465.57)
  • Profit before tax: ₹182.83 (FY25: ₹479.74)
  • Tax expense: ₹54.10 (FY25: ₹114.88)
  • Net profit: ₹128.73 (FY25: ₹364.86)
  • Basic and Diluted EPS: ₹2.01 (Annualized) (FY25: ₹5.71)

Balance Sheet Position as at 31 March 2026:

  • Paid-up Equity Share Capital: ₹639.22 lakhs
  • Other equity: ₹5,042.15 lakhs
  • Total equity: ₹5,681.37 lakhs
  • Total assets: ₹6,814.84 lakhs

Key Financial Figures - Consolidated (Amount in lakhs of ₹)

Quarterly Performance:

  • Q4 FY26: Revenue from operations ₹3,476.54, Other income ₹143.55, Total income ₹3,880.41
  • Q4 FY26: Total expenses ₹4,795.27, including Impairment on Intangible assets ₹335.81
  • Q4 FY26: Loss before tax ₹(914.86), Tax expense ₹(10.91), Net loss ₹(903.95)
  • Q4 FY26: Basic and Diluted EPS: ₹(10.22) (not annualized)

Annual Performance FY26:

  • Revenue from operations: ₹16,440.08 (FY25: ₹14,235.85)
  • Other income: ₹388.36 (FY25: ₹205.72)
  • Total income: ₹16,828.44 (FY25: ₹14,441.57)
  • Total expenses: ₹18,154.06 (FY25: ₹13,623.62)
  • Loss before tax: ₹(1,325.62) (FY25: Profit ₹817.95)
  • Tax expense: ₹168.01 (FY25: ₹276.13)
  • Net loss: ₹(1,493.63) (FY25: Profit ₹541.82)
  • Basic and Diluted EPS: ₹(11.72) (Annualized) (FY25: ₹9.59)

Consolidated Balance Sheet as at 31 March 2026:

  • Paid-up Equity Share Capital: ₹639.22 lakhs
  • Other equity: ₹6,360.32 lakhs
  • Total equity: ₹6,783.48 lakhs
  • Total assets: ₹10,356.54 lakhs

Material Events and Disclosures

Contract Amendment Impact:

On 21 April 2025, the Company entered into a fixed price contract with its subsidiary IT CATS LLC to provide services. During Q4 FY26, the contract was amended with revised scope and value reduced to US$1,128,969 from original US$1,446,710. The impact of ₹154.73 lakhs was accounted as contract cost during Q4 FY26.

Subsidiary Acquisition and Impairment:

In February 2025, wholly owned subsidiary IT CATS LLC acquired 100% ownership interest in Elite Computer Consultants, L.P., USA. The acquisition was accounted as business purchase under Ind AS 103. Based on management's assessment, the group recognized an impairment loss pertaining to customer contract acquired.

Labour Code Implementation:

On 31 November 2025, Government of India notified four Labour Codes. Management assessed financial impact as insignificant on FY26 financial statements.

Dividend Declaration:

Board recommended final dividend of 15% i.e. ₹1.5 per equity share of face value ₹10 each for FY26, subject to shareholder approval at ensuing AGM.

Fund Utilization:

Company submitted statement of utilization of funds raised through preferential issue of 2,00,000 equity shares at ₹254 per share on 26.07.2021 (total ₹5.08 Cr). Entire amount utilized: ₹1.18 Cr for working capital requirements and ₹3.90 Cr kept in Fixed Deposits. No deviation in fund utilization.

Qualified Borrowings:

Outstanding Qualified Borrowings: Start of FY26 ₹0.58 Cr, End of FY26 ₹0.38 Cr. No incremental qualified borrowing during the year.

Audit Details:

  • Board meeting held on 25 May 2026 from 5:30 PM to 7:00 PM
  • Financial results reviewed by Audit Committee and approved by Board
  • Statutory auditors: Walker Chandiok & Co LLP
  • Audit opinion: Unmodified on both standalone and consolidated results

SEBI Regulations Compliance:

  • Filed pursuant to Regulation 33 of SEBI (LODR) Regulations 2015
  • Includes: Audited Financial Results, Auditors' Report, Declaration, Statement of Deviations
  • Format for disclosing outstanding default on loans: Not Applicable

Subsidiaries Included in Consolidation:

1. IT Cats LLC, USA

2. Elite Computers Consultants Inc, USA

3. Sapplica Inc., USA

4. Sarral Global Inc., USA

Cash Flow Information - Standalone

FY26 Cash Flows:

  • Operating activities: Net cash used ₹(212.40) lakhs
  • Investing activities: Net cash used ₹(533.69) lakhs
  • Financing activities: Net cash used ₹(342.58) lakhs
  • Net change in cash: ₹(1,088.67) lakhs
  • Cash equivalents at year end: ₹92.32 lakhs

#Tags: #Sagarsoft #FY2026Results #SEBIReg33 #Dividend #FinancialResults #ConsolidatedLoss #ContractAmendment #SubsidiaryImpairment