Key Quantitative Figures and Financial Results

Standalone Financials (Year ended 31st March 2026 vs. 31st March 2025)

  • Revenue from Operations: Rs 4,734.11 lakhs (FY26) vs. Rs 2,496.00 lakhs (FY25)
  • Profit Before Tax (PBT): Rs 1,215.84 lakhs (FY26) vs. Rs 421.95 lakhs (FY25)
  • Profit For The Year (PAT): Rs 883.39 lakhs (FY26) vs. Rs 314.81 lakhs (FY25)
  • Earnings Per Share (EPS): Not annualized; calculated for six months.
  • Paid-up Equity Share Capital: Rs 1,134.84 lakhs (FY26) vs. Rs 680.00 lakhs (FY25)
  • Reserves & Surplus: Rs 19,062.92 lakhs (FY26) vs. Rs 2,851.49 lakhs (FY25)
  • Total Assets: Rs 22,734.64 lakhs (FY26) vs. Rs 5,167.88 lakhs (FY25)

Consolidated Financials (Year ended 31st March 2026 vs. 31st March 2025)

  • Profit Before Tax (PBT): Rs 1,125.15 lakhs (FY26) vs. Rs 588.05 lakhs (FY25)
  • Profit For The Year (PAT): Not explicitly stated in summary tables but implied from operations.
  • Paid-up Equity Share Capital: Rs 1,134.84 lakhs (FY26) vs. Rs 680.00 lakhs (FY25)
  • Reserves & Surplus: Rs 19,136.37 lakhs (FY26) vs. Rs 2,972.96 lakhs (FY25)
  • Total Assets: Rs 23,092.06 lakhs (FY26) vs. Rs 5,385.27 lakhs (FY25)

Half-Yearly Figures

The figures for the half year ended 31st March 2026 represent the balancing figure between the audited full-year figures and the previously published unaudited year-to-date figures up to the first half-year, which were subject to a limited review.

Dates of Action and Approval

  • Board Meeting Date: 28th May 2026
  • Re-appointment of MD Effective: 28th May 2026 to 27th May 2029
  • Remuneration Approval Period: 1st April 2026 to 31st March 2029
  • Acquisition of Sattrix Information Security SDN BHD: Payment made on 13th October 2025
  • Acquisition of Sattrix Software Solutions Private Limited: Completed on 10th February 2026; BSE approval received on 30th January 2026
  • Auditor's Report Date: 28th May 2026

Parties and Entities Involved

  • Listed Entity: Sattrix Information Security Limited (CIN: L72200GJ2013PLC076845)
  • Statutory Auditors: A. N. Ruparel & Co., Chartered Accountants (Firm Reg. No.: 113413W)
  • New Internal Auditors: M/s. Desai & Desai, Chartered Accountants (appointed for FY 2026-27)
  • Managing Director: Mr. Sachhin Kishorbhai Gajjaer (DIN: 06688019)
  • Subsidiaries Consolidated:
  • Sattrix Information Security INC (Wholly Owned)
  • Sattrix Information Security DMCC (Wholly Owned)
  • Sattrix Software Solutions Private Limited (Wholly Owned, acquired via share swap)
  • Sattrix Information Security SDN BHD (Subsidiary, 51% acquired)
  • Regulator: BSE Limited, SME Division

Purpose and Rationale

  • The board meeting was held to approve the period's financial results and key managerial appointments.
  • The re-appointment of the Managing Director is for continued leadership, subject to shareholder approval.
  • The change in internal auditor is a periodic appointment decision based on the Audit Committee's recommendation.
  • The acquisition of subsidiaries is part of business expansion strategy.

Financial and Operational Impact (Explicitly Disclosed)

  • Audit Opinion: Unmodified (clean) audit opinion issued by statutory auditors for both standalone and consolidated financial results.
  • IPO Proceeds Utilization:
  • Total IPO Size: Rs 2,178.00 lakhs
  • Utilized as of 31st March 2026: Rs 1,625.64 lakhs
  • Unutilized as of 31st March 2026: Rs 595.81 lakhs
  • Rs 415.96 lakhs in Axis Bank fixed deposits
  • Rs 175.32 lakhs in Tata Ultra Short-Term Fund - Regular Plan - Growth (Debt MFs)
  • Rs 4.53 lakhs in Axis Bank account
  • Change in Object of IPO Proceeds: The objective for "Development of New Product & Technology" was amended from "In-house" to "by outsourcing the work," approved by shareholders via postal ballot on 16th January 2025.
  • Acquisition Impact (Capital Structure):
  • Acquisition of Sattrix Software Solutions Pvt. Ltd. was done via a share swap at a ratio of 379:1.
  • This resulted in the allotment of 45,48,379 equity shares (Face Value Rs 10 each) at an issue price of Rs 347 per share.
  • This is a primary reason for the increase in paid-up share capital from Rs 680.00 lakhs to Rs 1,134.84 lakhs.
  • Labour Code Impact: The gratuity liability as of 31st March 2026 has been evaluated and recognized as per the new Labour Codes effective from 21st November 2025.

Capital Structure Impact

  • The share swap for acquisition led to significant dilution, increasing the paid-up capital.
  • The reserves increased substantially due to the profit for the year and the premium on shares issued during the IPO.

Cash Flow Implications

  • Standalone Cash Flow (FY26):
  • Net Cash from Operating Activities: Rs 74.94 lakhs
  • Net Cash from Investing Activities: Rs (16,737.50) lakhs (primarily due to purchase of investments Rs 15,956.13 lakhs)
  • Net Cash from Financing Activities: Rs 16,042.37 lakhs (primarily from IPO proceeds net of expenses: Rs 15,782.88 lakhs)
  • Net Decrease in Cash: Rs (620.19) lakhs
  • Consolidated Cash Flow (FY26):
  • Net Cash from Operating Activities: Rs 222.69 lakhs
  • Net Cash from Investing Activities: Rs (16,858.57) lakhs
  • Net Cash from Financing Activities: Rs 16,164.99 lakhs
  • Net Decrease in Cash: Rs (459.12) lakhs

Forward-Looking Guidance or Commentary

No explicit forward-looking guidance or management commentary was provided in the disclosed document.