Summary of Key Information:
Reporting Period: Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Unaudited Financial Results (Standalone and Consolidated) under Regulation 30 and 33 of SEBI LODR
Audit Opinion:
Clean limited review report - No modifications or qualifications
Key Financial Highlights [₹ millions]:
Standalone Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹1,032.38 (30.8% increase from ₹789.39 in Q2 FY26)
- Total Income: ₹1,082.37
- Net Profit: ₹141.25 (28.0% increase from ₹110.36 in Q2 FY26)
- EPS: ₹2.98 (Basic and Diluted)
Half Year ended September 30, 2026:
- Revenue from Operations: ₹1,897.54
- Total Income: ₹1,977.20
- Net Profit: ₹209.64 (11.8% increase from ₹187.49 in H1 FY26)
- EPS: ₹4.42 (Basic and Diluted)
Balance Sheet Position as at September 30, 2026:
- Cash and Cash Equivalents: ₹1,084.05 (significant increase from ₹52.74 as at March 31, 2026)
- Other Equity: ₹2,471.08 (increase from ₹1,605.93 as at March 31, 2026)
- Total Borrowings: ₹546.49 (₹231.91 non-current + ₹314.58 current)
- Total Assets: ₹7,569.22 (increase from ₹6,021.11 as at March 31, 2026)
Consolidated Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹1,047.01 (29.0% increase from ₹811.79 in Q2 FY26)
- Total Income: ₹1,097.52
- Net Profit: ₹137.40 (38.2% increase from ₹99.41 in Q2 FY26)
- EPS: ₹2.90 (Basic and Diluted)
- Net Profit attributable to owners: ₹137.63
Half Year ended September 30, 2026:
- Revenue from Operations: ₹1,925.11
- Total Income: ₹2,005.59
- Net Profit: ₹205.47 (17.2% increase from ₹175.28 in H1 FY26)
- EPS: ₹4.33 (Basic and Diluted)
- Net Profit attributable to owners: ₹205.72
Segment-wise Performance:
The company operates in a single reportable business segment - Software Development Services, as determined by the Chief Operating Decision Maker (Board of Directors with senior management).
Corporate Actions:
- Completed Initial Public Offering (IPO) comprising fresh issue of 16,800,000 equity shares of face value ₹5 each
- Issue price: ₹130 per equity share
- Total issue size: ₹2,184.00 million
- Listing date: October 6, 2026 on NSE and BSE
Other Significant Information:
- The company was formerly known as SRIT India Private Limited
- Authorized Capital: ₹1,550,000,000.00
- Company Secretary & Compliance Officer: Nidhi Hitesh Vaswani (ICSI Membership No: F9251)
- Managing Director: Nambiar Raghavan Madhusoodan (DIN: 00882507)
Entities in Consolidation:
- SRIT India Limited (Holding Company)
- RICT India Private Limited (Subsidiary Company)
- Sharp and Turner LLP (Subsidiary Entity) - contributed net loss of ₹0.01 million for half year