Board Meeting Details

The Board of Directors meeting was held on 10 November 2026, commencing at 11:00 a.m. and concluding at 11:30 a.m. The trading window for dealing in equity shares will open post 48 hours after declaration of results.

Financial Results Overview

Income Statement (Half Year Ended 30.09.2026)

  • Revenue from Operations: ₹607.27 lakh (compared to ₹688.63 lakh in H1 FY26)
  • Other Income: ₹26.14 lakh (compared to ₹24.86 lakh in H1 FY26)
  • Total Income: ₹633.41 lakh (compared to ₹713.49 lakh in H1 FY26)

Expenses (Half Year Ended 30.09.2026)

  • Purchase of Stock-in-trade: ₹2.86 lakh
  • Employee Benefits Expense: ₹380.36 lakh (compared to ₹299.76 lakh in H1 FY26)
  • Depreciation and Amortization Expense: ₹35.33 lakh (compared to ₹22.57 lakh in H1 FY26)
  • Other Expenses: ₹214.40 lakh (compared to ₹199.18 lakh in H1 FY26)
  • Total Expenses: ₹632.95 lakh (compared to ₹521.51 lakh in H1 FY26)

Profitability

  • Profit Before Tax: ₹0.46 lakh (compared to ₹191.98 lakh in H1 FY26)
  • Tax Expense:
  • Current Tax: ₹(1.98) lakh
  • Deferred Tax Expenses/Income: ₹1.87 lakh
  • Profit for the Period: ₹0.35 lakh (compared to ₹143.37 lakh in H1 FY26)

Earnings Per Share

  • Basic EPS: ₹0.02 (compared to ₹7.59 in H1 FY26)
  • Diluted EPS: ₹0.02 (compared to ₹7.59 in H1 FY26)
  • Weighted Average Number of Equity Shares: 18,90,000

Balance Sheet Position (as at 30.09.2026)

  • Total Equity and Liabilities: ₹1,454.56 lakh
  • Share Capital: ₹189.00 lakh (unchanged from previous periods)
  • Reserve and Surplus: ₹1,228.89 lakh (compared to ₹1,195.99 lakh as at 30.09.2025)
  • Current Liabilities: ₹6.94 lakh
  • Trade Payables: ₹0.79 lakh
  • Outstanding dues to MSME creditors: ₹6.35 lakh
  • Outstanding dues to non-MSME creditors: ₹20.61 lakh
  • Other Current Liabilities: ₹1.98 lakh

Assets

  • Property, Plant & Equipment: ₹50.20 lakh
  • Intangible Assets: ₹126.52 lakh
  • Intangible Assets under development: ₹36.95 lakh
  • Deferred Tax Assets (Net): ₹2.87 lakh
  • Non-Current Investments: ₹434.71 lakh
  • Trade Receivables: ₹215.55 lakh
  • Cash and Bank Balances: ₹399.90 lakh
  • Other Current Assets: ₹187.86 lakh

Cash Flow Statement (Half Year Ended 30.09.2026)

  • Net Cash from Operating Activities: ₹(58.86) lakh
  • Net Cash from Investing Activities: ₹(86.98) lakh
  • Net Cash from Financing Activities: ₹4.32 lakh
  • Net Decrease in Cash and Cash Equivalents: ₹(141.52) lakh
  • Cash and Cash Equivalents at end of period: ₹329.90 lakh
  • Current Accounts: ₹29.90 lakh
  • Deposit Accounts: ₹300.00 lakh

IPO Proceeds Utilization (as on 30th September 2026)

The company completed its Initial Public Offering during FY25 with total proceeds of ₹917.28 lakh. Utilization status:

  • Capital Expenditure (Microservices Application Development): ₹196.64 lakh utilized of ₹294.73 lakh (₹98.09 lakh unutilized)
  • Capital Expenditure (New Unit): ₹0.00 utilized of ₹120.00 lakh (₹120.00 lakh unutilized)
  • Working Capital: ₹20.00 lakh utilized of ₹200.00 lakh (₹180.00 lakh unutilized)
  • General Corporate Purposes: ₹128.70 lakh utilized of ₹217.55 lakh (₹88.85 lakh unutilized)
  • Issue Expenses: ₹85.00 lakh fully utilized
  • Total Utilized: ₹430.34 lakh
  • Total Unutilized: ₹486.94 lakh (of which ₹480.00 lakh parked in interest-bearing fixed deposits)

Additional Notes

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 10th November 2026
  • Prepared in accordance with Indian GAAP and Accounting Standard 25 (Interim Financial Reporting)
  • Company operates in a single business segment (no segment-wise reporting required)
  • No external debt as on the statement date
  • No change in accounting policies during the year
  • No material related party transactions outside ordinary course of business
  • IPO expenses of ₹127.33 lakh adjusted against Securities Premium Account as authorized by Board on 30th May 2025
  • Company complies with SME listing requirements including timely submission of financial results