Company Overview
Silver Touch Technologies Limited (NSE: SILVERTUC, BSE: 543525) submitted its Annual Report for FY 2025-26 to NSE and BSE pursuant to SEBI Regulation 34, along with comprehensive audited financial statements prepared in accordance with Indian Accounting Standards (Ind AS).
Financial Performance Highlights
Silver Touch reported strong financial results with standalone revenue growing 18% to ₹3,151.313 million (from ₹2,666.316 million in FY25) and consolidated revenue increasing 18.5% to ₹3,419.935 million. Profitability showed remarkable improvement with standalone net profit surging 66.5% to ₹377.689 million and basic EPS rising to ₹2.98 from ₹1.79. EBITDA expanded significantly to ₹633.081 million (59.7% growth) with margins improving from 14.9% to 20.1%.
Corporate Actions and Capital Structure
The company executed major capital restructuring including a 1:1 bonus issue and sub-division of shares from ₹10 to ₹2 face value. This resulted in increased paid-up capital to ₹253.620 million comprising 126.81 million shares. The board recommended a final dividend of ₹0.10 per share, subject to shareholder approval at the upcoming AGM.
Governance and AGM Details
The 32nd Annual General Meeting is scheduled for 24th August 2026 through video conference. Key agenda items include adoption of financial statements, dividend declaration, and reappointment of directors including Mr. Vipul Thakkar, Mr. Minesh Doshi (retiring by rotation), and Mr. Piyushkumar Sinha as independent director for a second term.
Operational and Segment Performance
The company operates primarily in 'Computers & IT Services' with domestic revenue contributing 94% of total revenue (₹29,585.85 lakh) and export revenue at ₹1,927.28 lakh. Employee benefit expenses increased to ₹15,292.64 lakh reflecting business expansion, while finance costs rose to ₹662.16 lakh.
Subsidiaries and Ownership Structure
Silver Touch maintains six subsidiaries (USA, UK, Canada, and India entities) and two joint ventures. Promoter holding remained strong at 74.62% with key promoters including Vipul Thakkar (21.13%), Jignesh Patel (20.72%), and Minesh Doshi (17.57%). The company maintains an IVR BBB+ credit rating from Infomerics.
Regulatory Compliance and Disclosures
The filing was made pursuant to SEBI Listing Regulations and Companies Act, 2013 requirements. Statutory auditors Ambalal Patel & Co LLP issued an unqualified opinion, while secretarial audit reported minor observations on delayed trade disclosures. Contingent liabilities include bank guarantees of approximately ₹396 million secured by fixed deposits.
Financial Position and Ratios
Total assets increased to ₹28,159.18 lakh with trade receivables at ₹10,994.90 lakh. The company maintained healthy ratios with current ratio of 2.04, debt-equity ratio improving to 0.19, and return on equity at 25.24%. CSR expenditure of ₹45 lakh exceeded the required ₹42.96 lakh.