Date: September 8, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

  • Revenue from operations: ₹179,39,29,284 for FY 2025-2026 (compared to ₹83,22,24,000 in FY 2024-2025)
  • Paid-up Capital: ₹47,52,80,610.00
  • Turnover breakdown by business activity:
  • Brokerage & Other Services: 44%
  • Information Technology Services: 7%
  • Rental and Leasing of Equipment: 19%
  • Consumer Tech: 30%

Auditor’s Report

Not Specified

Disinvestment / Strategic Actions

  • Acquired Pepperfry Limited along with subsidiaries Clouddio Sleep Private Limited, Pepperfry Modular Private Limited and Pepcart Logistics Private Limited in December 2025
  • Resulting impact: Expanded business portfolio into omnichannel furniture retail and logistics

Other Operational / Legal / Strategic Disclosures

Workforce Data (as at end of FY 2025-26)

Employees:

  • Permanent employees: 530 (Male: 368, Female: 162)
  • Other than permanent: 16 (Male: 8, Female: 8)
  • Total employees: 546
  • Turnover rate for permanent employees: 29.42% (Male: 25.83%, Female: 37.93%)

Workers:

  • Permanent workers: 0
  • Other than permanent workers: 525 (Male: 521, Female: 4)
  • Total workers: 525

Board and KMP Representation:

  • Board of Directors: 6 members with 1 female (16.67%)
  • Key Management Personnel: 2 with 1 female (50%)

ESG Performance and Metrics

Energy Consumption:

  • Total energy consumed: 2,689,645.005 megajoules
  • Energy intensity per rupee of turnover: 0.0014993038
  • From renewable sources: Not specified
  • From non-renewable sources: 2,689,645.005 megajoules

GHG Emissions:

  • Scope 1 emissions: 313.90 metric tonnes CO2 equivalent
  • Scope 2 emissions: 446.40 metric tonnes CO2 equivalent
  • Total Scope 1 & 2 emission intensity: 0.0000004238 metric tonnes CO2 equivalent/Rs

Water Management:

  • Total water withdrawal: 3,918.64 kilolitres (all from third party)
  • Total water consumption: 3,918.64 kilolitres
  • Water discharge: 3,526 kilolitres to municipal corporation
  • Water intensity per rupee of turnover: 0.00000218

Waste Management:

  • Total waste generated: 30.17 metric tonnes
  • Plastic waste: 8.61 MT
  • Non-hazardous waste: 21.56 MT
  • Waste recovered/recycled: 10.76 MT (35% of total)
  • Waste intensity per rupee of turnover: 0.0000000168

Material ESG Issues Identified:

1. Energy usage, GHG emissions and climate change

2. Fleet safety and road transport management

3. Occupational health, safety and wellbeing

4. Product quality, safety and responsible product stewardship

5. Sustainable sourcing and supply chain responsibility

6. Data privacy, cybersecurity and responsible software solutions

7. Human capital, diversity, equity and employee development

8. Labour practices and contractor/worker welfare

9. Business ethics, anti-bribery and responsible governance

10. Regulatory compliance and responsible business conduct

11. Water, local environmental impacts and resource efficiency

12. Business continuity and climate resilience

13. E-waste and responsible IT asset management

14. Responsible use of artificial intelligence and emerging technologies

15. Intellectual property and confidential information

16. Human rights

Training and Development

  • Employees received 99 hours of health and safety training (18.13% coverage)
  • Employees received 142 hours of skill upgradation training (26.01% coverage)
  • Workers received 11 hours of health and safety training (2.1% coverage)
  • Workers received 11 hours of skill upgradation training (2.1% coverage)
  • 158 hours of ESG and sustainability training provided to site teams

Subsidiary Information

The company operates through eight wholly-owned/step-down subsidiaries:

1. Brantford Limited - proptech platform (real estate aggregation)

2. AltRr Software Services Limited - personalized cloud storage platform

3. NES Data Private Limited - colocation data centre infrastructure

4. Synthar Data Storage Private Limited - private cloud storage solutions (MyFlopy brand)

5. Pepcart Logistics Private Limited - logistic solutions

6. Pepperfry Limited - omnichannel consumer tech platform for home furniture (91.62% owned)

7. Clouddio Sleep Private Limited - manufacturing and retail of sleep accessories

8. Pepperfry Modular Private Limited - modular furniture solutions and kitchen designs

Geographic Presence

  • 60 locations nationally across 17 states
  • No international operations
  • Markets served: Maharashtra, Gujarat, Punjab, Kerala, Bihar, Tamil Nadu, Telangana, Rajasthan, Madhya Pradesh, Goa, Odisha, West Bengal, Assam, Karnataka, New Delhi, Uttar Pradesh and Haryana

CSR Applicability

  • CSR applicable as per section 135 of Companies Act, 2013: Yes
  • Turnover (consolidated): ₹179,39,29,284
  • Net worth (consolidated): ₹16,45,34,09,000

Compliance and Grievances

  • No fines/penalties paid in proceedings with regulators/law enforcement agencies
  • No disciplinary actions against Directors/KMPs/employees/workers for bribery/corruption
  • No complaints regarding conflict of interest
  • No human rights complaints or POSH complaints
  • No consumer complaints across various categories

Related Party Transactions

  • Purchases with related parties: 74.58% of total purchases
  • Sales to related parties: 34% of total sales
  • Loans & advances given to related parties: 19.46% of total loans & advances