Summary of Key Information:
Reporting Period: Quarter and Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and 33 of SEBI LODR
Audit Opinion:
Unmodified opinion issued by M/s. K. Gopal Rao & Co., Chartered Accountants
Key Financial Highlights [₹ in lakhs]:
Standalone Results:
Quarter ended March 31, 2026:
- Revenue from Operations: 255.48 (vs 1,170.44 in Q4 FY25, -78.2% YoY)
- Total Income: 95.58 (vs 1,186.46 in Q4 FY25, -91.9% YoY)
- Net Loss: (425.77) (vs (1,175.06) in Q4 FY25)
- EPS: (1.00) (vs (3.45) in Q4 FY25)
Year ended March 31, 2026:
- Revenue from Operations: 2,244.63 (vs 4,683.01 in FY25, -52.1% YoY)
- Total Income: 2,371.38 (vs 4,852.86 in FY25, -51.1% YoY)
- Net Loss: (12,960.73) (vs (937.30) in FY25)
- EPS: (38.51) (vs (2.73) in FY25)
- Other Equity: (6,513.59) (vs 5,351.55 in FY25)
- Cash and Cash Equivalents: 93.69 (vs 68.82 in FY25)
- Debt: Short-term: 1,546.58; Long-term: 3,151.75; Total: 4,698.33
Consolidated Results:
Quarter ended March 31, 2026:
- Revenue from Operations: 855.31 (vs 1,391.86 in Q4 FY25, -38.5% YoY)
- Total Income: 711.45 (vs 1,412.25 in Q4 FY25, -49.6% YoY)
- Net Loss: (720.07) (vs 246.63 profit in Q4 FY25)
- EPS: (1.60) (vs 0.87 in Q4 FY25)
Year ended March 31, 2026:
- Revenue from Operations: 3,747.78 (vs 10,208.41 in FY25, -63.3% YoY)
- Total Income: 3,914.20 (vs 10,385.94 in FY25, -62.3% YoY)
- Net Loss: (14,055.13) (vs (1,974.69) in FY25)
- EPS: (40.04) (vs (5.91) in FY25)
- Other Equity: (6,819.66) (vs 4,623.69 in FY25)
- Cash and Cash Equivalents: 39.03 (vs 108.74 in FY25)
Segment-wise Performance:
The Company operates in a single segment: "Information and Technology Services"
Corporate Actions:
- Write-off of entire investment of ₹10,112.19 lakhs in SecureKloud Technologies Inc. (US subsidiary) due to bankruptcy
- No dividend declared, share split, bonus issue, buyback, or capital raising announced
Other Significant Information:
- Exceptional items of ₹12,862.37 lakhs recognized in FY26 comprising:
- Impairment loss of ₹10,112.19 lakhs on investment in SecureKloud Technologies Inc.
- Unrecoverable trade receivables of ₹2,608.17 lakhs from SecureKloud Technologies Inc.
- Interest on penalty and recovery costs of ₹142.01 lakhs payable to SEBI
- SecureKloud Technologies Inc. filed for Chapter 7 bankruptcy in USA on June 14, 2025
- Final bankruptcy decree pronounced on January 14, 2026
- The subsidiary contributed 36.84% of consolidated turnover and 77.39% of consolidated networth based on FY2024-25 financials
- Healthcare Triangle Inc. ceased to be a step-down subsidiary due to loss of control
- Promoters have undertaken to provide necessary financial support to meet obligations
- Management identified next three quarters of FY2026-27 as critical assessment period for operational and financial turnaround