Board Meeting Details

The Board of Directors meeting was held on Thursday, 29th October, 2026 at 17:30 (IST) through Video Conferencing/Other Audio Visual Mode. The meeting commenced at 17:30 IST and concluded at 17:50 IST.

Key Decisions Approved

1. Un-audited Financial Results (Standalone and Consolidated) for the Second Quarter and Six Months ended 30th September, 2026 of FY 2026-27

2. Payment of interim dividend of ₹0.10 per equity share of face value ₹2 each

Financial Results - Standalone (Amount in ₹ Lakh)

Q2 FY27 (30-09-2026) Performance:

  • Net Sales/Revenue from Operations: ₹9,521.81
  • Other Operating Income: ₹57.34
  • Total Income: ₹9,579.15
  • Profit Before Tax: ₹1,696.99
  • Current Tax: ₹400.00
  • Deferred Tax: (₹9.43)
  • Net Profit: ₹1,306.42
  • Basic and Diluted EPS: ₹1.03

Half-Year FY27 (30-09-2026) Performance:

  • Net Sales/Revenue from Operations: ₹16,666.89
  • Other Operating Income: ₹198.32
  • Total Income: ₹16,865.22
  • Profit Before Tax: ₹3,017.25
  • Current Tax: ₹740.00
  • Deferred Tax: (₹38.17)
  • Net Profit: ₹2,315.42
  • Basic and Diluted EPS: ₹1.83

Comparative Performance (YoY Q2):

  • Revenue growth: 19.6% (from ₹7,959.68 to ₹9,521.81)
  • Net Profit growth: 58.7% (from ₹823.43 to ₹1,306.42)
  • EPS growth: 58.5% (from ₹0.65 to ₹1.03)

Dividend Declaration

  • Interim dividend: ₹0.10 per equity share of face value ₹2 each
  • Record date: 4th November, 2026
  • Dividend to be paid out of current financial year profits after deduction of tax at source
  • Board authorized to take all necessary actions to implement the dividend payment

Segment Reporting - Standalone

Revenue Breakdown (Q2 FY27):

  • Within India: ₹8,934.30 (93.8% of total)
  • Outside India: ₹587.51 (6.2% of total)

Segment Results (Q2 FY27):

  • Within India Profit: ₹1,516.01
  • Outside India Profit: ₹366.97

Consolidated Financial Results (Amount in ₹ Lakh)

Q2 FY27 Performance:

  • Net Sales/Revenue from Operations: ₹10,027.95
  • Other Operating Income: ₹107.62
  • Total Income: ₹10,135.58
  • Profit Before Tax: ₹1,693.55
  • Net Profit: ₹1,302.69
  • Basic and Diluted EPS: ₹1.03

Half-Year FY27 Performance:

  • Net Sales/Revenue from Operations: ₹17,700.05
  • Other Operating Income: ₹237.52
  • Total Income: ₹17,937.57
  • Profit Before Tax: ₹3,005.89
  • Net Profit: ₹2,303.47
  • Basic and Diluted EPS: ₹1.82

Subsidiaries Included in Consolidation

1. Silver Touch Technologies Inc. (Subsidiary)

2. Silver Touch Technologies (UK) Limited (Subsidiary)

3. Silver Touch Technologies Canada Limited (Subsidiary)

4. Vision Autotests Private Limited (Subsidiary, previously Shark Identity Private Limited)

5. Silver Touch Autotech Private Limited (Subsidiary)

6. AI4Pharma Tech Limited (Subsidiary)

Auditor Review

  • Limited review conducted by M/s Ambalal Patel & Co., Chartered Accountants, Ahmedabad
  • Unqualified opinion expressed on both standalone and consolidated results
  • Three subsidiaries (Vision Autotests, Silver Touch Autotech, AI4Pharma Tech) with total assets of ₹788.55 Lakhs were not reviewed by auditors
  • Three foreign subsidiaries (US, UK, Canada) with total assets of ₹7,074.38 Lakhs were not audited/reviewed as audit not applicable in respective countries

Capital Structure

  • Paid-up Equity Share Capital: ₹2,536.20 Lakhs (Face value ₹2 per share)
  • Other Equity (Standalone): ₹16,462.44 Lakhs as of 30-09-2026

Additional Information

  • Figures for previous periods regrouped/rearranged for comparability
  • Segment reporting prepared as per Ind AS 108 requirements
  • Cash flow statements prepared under Indirect Method as per Ind AS-7