Financial Analyst Summary: Equippp Social Impact Technologies Limited NSE Response

Date and Nature of Query

This document, dated 16th September 2026, is a formal response from Equippp Social Impact Technologies Limited to queries raised by the National Stock Exchange of India Limited (NSE) concerning the company's submitted financial results for the quarter ended 30th June 2026.

Company’s Clarification on Submission Issues

In response to the NSE's observations, the company provided two key clarifications:

1. Non-Submission of Financial Results in Machine-Readable and Legible Format: The company stated that the legibility of the originally submitted Financial Results was "inadvertently affected due to the printing and scanning process" and that this was not intentional. They confirmed they had re-submitted the results in a machine-readable and legible format.

2. Segment Details not submitted: The company clarified that segment details were in fact provided in the PDF of the Financial Results under Note No. 1. It further stated that the company operates under a single reporting segment, i.e., 'IT and IT-enabled Services.'

Reference to Regulatory Compliance

The submission and the accompanying auditors' review reports are explicitly prepared pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The financial results were filed with the stock exchanges under Regulation 33 (3)(a) for standalone results and Regulation 33 (3)(b) for consolidated results.

Details of Financial Results

The document includes the full standalone and consolidated unaudited financial results for Q1 FY27 (quarter ended 30th June 2026), approved by the board on 12th August 2026 and reviewed by the statutory auditors, Anjaneyulu & Co. (FRN: 000180S).

Standalone Financial Highlights (₹ Lakhs):
  • Total Income: ₹51.20 Lakhs (vs. ₹3.35 Lakhs in Q1 FY26)
  • Income from Operations: ₹50.07 Lakhs
  • Other Income: ₹1.12 Lakhs
  • Total Expenses: ₹43.75 Lakhs
  • Net Profit for the period: ₹7.45 Lakhs (vs. Net Loss of ₹0.66 Lakhs in Q1 FY26)
  • Earnings Per Share (EPS): ₹0.01 (Basic & Diluted)
  • Paid-up Equity Share Capital: ₹1,030.95 Lakhs
Consolidated Financial Highlights (₹ Lakhs):
  • Total Income: ₹1,279.81 Lakhs (vs. ₹953.05 Lakhs in Q1 FY26)
  • Income from Operations: ₹1,272.16 Lakhs
  • Other Income: ₹7.65 Lakhs
  • Total Expenses: ₹1,239.94 Lakhs
  • Profit Before Tax: ₹39.87 Lakhs
  • Net Profit for the period: ₹29.56 Lakhs (vs. ₹25.94 Lakhs in Q1 FY26)
  • Profit Attributable to Owners of Parent: ₹17.29 Lakhs
  • Profit Attributable to Non-Controlling Interest (NCI): ₹12.28 Lakhs
  • Earnings Per Share (EPS): ₹0.03 (Basic & Diluted)
Auditor's Emphasis of Matter:

The auditors highlighted an important matter in their review report for both standalone and consolidated results:

  • Trade receivables of ₹77.37 Lakhs as on 30.06.2026 are overdue.
  • Management indicated that ₹5.00 Lakhs was received on 10.07.2026 and that necessary action for recovery of the remaining amount is underway, though it "needs to be expedited."
Subsidiary Performance (Consolidated, for Q1 FY27):

The review report details the contribution of key subsidiaries to the consolidated figures:

  • Technogen India Private Limited (51% Subsidiary): Total Revenue of ₹1,227.23 Lakhs and Net Profit of ₹30.66 Lakhs.
  • P4 Goods & Services Pvt.Ltd (100% Subsidiary): Total Revenue of ₹1.33 Lakhs and Net Profit of ₹0.92 Lakhs.
  • Equippp Three Point 0 Labs Technologies Private Limited (65% Subsidiary): Total Revenue of ₹1.17 Lakhs and Net Loss of ₹7.85 Lakhs.
  • Equippp Desi Investments Private Limited (100% Subsidiary): No revenue, Net Loss of ₹1.48 Lakhs.
  • Equivas Tech Innovation Limited (100% Subsidiary): No revenue, Net Loss of ₹0.14 Lakhs.
  • Other subsidiaries (Equippp And SGIT JV LLP, Equippp Technogen SBU Pvt.Ltd, Equippp INC, USA) had negligible or nil activity.
Business Update:

Note 6 states: "The IT business vertical continued to deliver steady performance during the quarter. The IP vertical made further progress through the execution of strategic MoUs and agreements, enabling the Company to deploy its IP solutions and digital platforms across identified opportunities. These engagements are expected to support the scale-up and commercialisation of the Company's IP offerings."

Topic Tags: Regulatory Response, Financial Results Clarification, Compliance, Trade Receivables, Subsidiary Performance