ADROITINFO - Adroit Info.
📢 Recent Corporate Announcements
Adroit Infotech Limited reported a robust performance for Q3 FY26, with consolidated revenue rising 86.5% YoY to ₹14.33 crore. Net profit for the quarter surged to ₹1.52 crore, up from ₹0.54 crore in the corresponding quarter of the previous year. The company's nine-month profit also showed strong growth, reaching ₹3.13 crore compared to ₹1.47 crore. Additionally, the board has approved issuing call notices to recover unpaid money on over 30.91 lakh shares from its previous rights issue.
- Consolidated revenue from operations grew to ₹1,432.67 Lakhs in Q3 FY26 from ₹768.11 Lakhs YoY.
- Net profit after tax increased by 180.8% YoY to ₹152.41 Lakhs.
- Nine-month consolidated profit stood at ₹313.45 Lakhs, a 112.7% increase over the previous year.
- Board to issue call notices for unpaid 1st and 2nd call money on 30,91,222 equity shares.
- Consolidated EPS for the quarter improved to ₹0.28 from ₹0.18 YoY.
Adroit Infotech Limited has submitted its statement of deviation for the quarter ended December 31, 2025, confirming that funds raised via its Rights Issue are being used as per the original prospectus. The company raised Rs 45.72 crore in February 2025 and has utilized Rs 14.05 crore to date. Key areas of spending include business expansion, working capital, and repayment of non-current liabilities. The remaining unutilized funds are currently held in a bank account with Axis Bank.
- Total amount raised through the Rights Issue was Rs 4572.07 Lakhs (approximately Rs 45.72 Crore).
- Cumulative utilization of funds as of December 31, 2025, stands at Rs 1405.22 Lakhs.
- Rs 3.58 Crore has been spent on business expansion against an original allocation of Rs 17.50 Crore.
- The company has not yet utilized any of the Rs 10.00 Crore allocated for acquisitions in similar or complementary spaces.
- Management confirmed zero deviation or variation from the objects stated in the Prospectus dated January 19, 2024.
Adroit Infotech reported a strong performance for Q3 FY26, with consolidated revenue growing 86.5% YoY to ₹14.33 crore. Net profit for the quarter surged to ₹1.52 crore compared to ₹0.54 crore in the same period last year. The company is also taking active steps to recover unpaid call money from its previous rights issue, affecting approximately 30.91 lakh shares. For the nine-month period ended December 2025, the company has already surpassed its previous full-year profit figures.
- Consolidated revenue from operations increased 86.5% YoY to ₹1,432.67 Lakhs in Q3 FY26.
- Net Profit (PAT) surged 181% YoY to ₹152.41 Lakhs from ₹54.28 Lakhs in the year-ago quarter.
- 9M FY26 PAT reached ₹313.45 Lakhs, more than doubling from ₹147.38 Lakhs in 9M FY25.
- Board approved issuing call notices for unpaid money on 3,091,222 shares from the previous Rights Issue.
- Basic EPS for the quarter improved to ₹0.28 compared to ₹0.18 in Q3 FY25.
Adroit Infotech reported a robust consolidated net profit of ₹1.52 crore for Q3 FY26, a significant 180% increase from ₹0.54 crore in the previous year's corresponding quarter. Consolidated revenue from operations rose 86% YoY to ₹14.33 crore, indicating strong demand for its SAP support services. Additionally, the board has decided to issue call notices to recover unpaid money on over 30.91 lakh shares from its rights issue. This move is expected to bring in the remaining capital and finalize the rights issue process.
- Consolidated Revenue from Operations surged 86.5% YoY to ₹1,432.67 Lakhs in Q3 FY26.
- Consolidated Net Profit rose to ₹152.41 Lakhs from ₹54.28 Lakhs in Q3 FY25.
- 9M FY26 Consolidated Net Profit reached ₹313.45 Lakhs compared to ₹147.38 Lakhs YoY.
- Board to issue call notices for unpaid 1st and 2nd call money on 30,91,222 equity shares.
- Consolidated EPS for the quarter increased to ₹0.28 from ₹0.18 YoY.
Adroit Infotech's subsidiary, Verso Altima India Pvt Limited, has secured a significant international order from Amdocs Development Limited. The contract is valued at approximately INR 46.0 million and spans a five-year period starting January 2026. The scope of work involves providing comprehensive onsite and offshore application maintenance and support services. This deal highlights the company's growing footprint in the international SAP and digital transformation services market.
- Order value of INR 46.0 million from international entity Amdocs Development Limited
- Contract duration is 5 years, providing long-term revenue visibility
- Scope includes Functional and Technical support for Application Maintenance Services
- Project involves comprehensive onsite and offshore support models
Adroit Infotech Limited has submitted its Structured Digital Database (SDD) compliance certificate for the quarter ended December 31, 2025, as required by SEBI Insider Trading regulations. The company confirmed that it has a non-tamperable system in place to track Unspecified Price Sensitive Information (UPSI) with a mandatory 8-year record retention capability. During the quarter, the company identified and successfully recorded 1 UPSI event in its database. No instances of non-compliance were reported, reflecting the company's adherence to internal governance and regulatory protocols.
- Confirmed 100% compliance with SEBI (Prohibition of Insider Trading) Regulations for the quarter ended Dec 31, 2025.
- Successfully captured 1 UPSI event in the Structured Digital Database during the reporting period.
- Maintains a non-tamperable internal database with an audit trail capable of storing records for 8 years.
- Reported zero non-compliance issues or remedial actions for the previous quarter.
Adroit Infotech Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. For the quarter ended December 31, 2025, the company's Registrar and Share Transfer Agent (RTA) confirmed that no securities were received for dematerialization or rematerialization. This is a standard procedural filing required to ensure the accuracy of shareholding records with depositories. The filing indicates no change in the physical-to-electronic status of the company's equity during the period.
- Compliance certificate submitted for the quarter ended December 31, 2025
- Zero securities were received for dematerialization during the three-month period
- Zero securities were received for rematerialization during the quarter
- Confirmation provided by RTA Venture Capital and Corporate Investments Private Limited
Adroit Infotech Limited has formally notified the exchange regarding the resignation of Mr. Rajashekar Reddy Sunkireddy from his role as a Non-Executive Non-Independent Director. The resignation was effective from the end of the day on July 22, 2025. The company has confirmed that there are no material reasons for his departure other than those stated in his resignation letter. This disclosure follows the initial management change filing made via XBRL on July 23, 2025.
- Mr. Rajashekar Reddy Sunkireddy resigned as Non-Executive Non-Independent Director.
- The resignation was effective as of the end of the day on July 22, 2025.
- The company confirmed no material reasons exist for the resignation other than those provided in the letter.
- The disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Adroit Infotech Limited has announced the closure of its trading window for all Designated Persons starting January 1, 2026. This move is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of financial results. The window will remain closed until 48 hours after the dissemination of the Un-Audited Financial Results for the quarter ending December 31, 2025. The specific date for the Board Meeting to approve these results will be announced separately.
- Trading window closure commences on January 1, 2026, for all Designated Persons.
- Closure is related to the upcoming Un-Audited Financial Results for the quarter ending December 31, 2025.
- The window will reopen 48 hours after the financial results are officially declared to the exchanges.
- The date for the Board Meeting to declare results will be communicated in due course.
Adroit Infotech's wholly owned subsidiary, Verso Altima India, has launched two new proprietary products, VAI 360 and IntelHub-X, to drive digital transformation. VAI 360 is a unified CRM platform targeting Telecom, Media, and Logistics sectors to streamline customer lifecycle and partner management. IntelHub-X acts as an intelligent gateway hub specifically for cable and broadband operators to simplify billing and CRM integrations. These launches represent a strategic move to expand the company's software product portfolio and improve revenue realization for its clients.
- Launch of VAI 360, a unified CRM platform for customer lifecycle and inventory management
- Introduction of IntelHub-X, an enterprise gateway hub for Cable and Broadband industries
- Targeting high-growth sectors including Telecom, Cable & Media, Broadband, and Logistics
- Products designed to reduce integration complexity and accelerate time-to-market for operators
- IntelHub-X enables direct customer transactions, reducing dependency on local agents
Adroit Infotech's wholly-owned subsidiary, Verso Altima India Pvt Ltd, has received SAP Partner Edge – Sell authorization. This allows Verso Altima to directly sell SAP solutions, offering a single-partner experience for customers. This authorization is expected to simplify engagement models and accelerate decision-making for customers. The company aims to help organizations scale with confidence and improve operational efficiency.
- Verso Altima India Pvt Limited is a wholly owned subsidiary of Adroit Infotech Limited
- Verso Altima India Pvt Limited received SAP Partner Edge – Sell authorization on December 15, 2025
- The authorization enables Verso Altima India Pvt Limited to sell SAP solutions directly
- Naveen Naidu is the Group CEO of Adroit Infotech Limited
- Satish Yadav is the Group COO of Adroit Infotech Limited
Financial Performance
Revenue Growth by Segment
The primary revenue driver is the Indian subsidiary, Verso Altima India Pvt Ltd, which generated INR 24.57 Cr (2,456.75 Lakhs) in FY 2024-25. The UAE-based subsidiary, Adroit Infotech LLC FZ, contributed INR 1.14 Cr (114.20 Lakhs), representing approximately 4.4% of the combined subsidiary turnover. The US subsidiary reported zero turnover for the period.
Geographic Revenue Split
Revenue is heavily concentrated in India, accounting for approximately 95.6% of subsidiary turnover (INR 24.57 Cr). The Middle East (UAE) accounts for the remaining 4.4% (INR 1.14 Cr). Operations in Singapore and the USA did not contribute to revenue in FY 2024-25.
Profitability Margins
Verso Altima India Pvt Ltd reported a Net Profit Margin of 2.92% (PAT of INR 0.72 Cr on revenue of INR 24.57 Cr). Adroit Infotech LLC FZ (UAE) demonstrated higher efficiency with a 12.92% PAT margin (PAT of INR 0.15 Cr on revenue of INR 1.14 Cr).
EBITDA Margin
Operating profitability for the main Indian unit (Verso Altima) is thin, with a Profit Before Tax (PBT) margin of 0.90% (INR 0.22 Cr). The UAE unit maintained a PBT margin of 12.92%, matching its PAT margin due to zero tax provisions.
Capital Expenditure
Not disclosed in available documents; however, the company maintains a subsidiary in Singapore (Verso Altima India Pte Ltd) and one unnamed subsidiary that is yet to commence operations as of March 31, 2025, indicating potential future investment.
Credit Rating & Borrowing
Not disclosed in available documents. Total liabilities for the main subsidiary, Verso Altima India, stood at INR 7.41 Cr against total assets of INR 10.88 Cr.
Operational Drivers
Raw Materials
Not applicable as the company operates in the IT services and software consultancy sector. The primary 'raw material' is human capital/skilled IT professionals.
Import Sources
Not applicable for IT services; however, the company sources talent and operational presence from India, UAE, and the USA.
Key Suppliers
Not applicable; the company relies on technology partners such as SAP (implied by business nature) rather than physical raw material suppliers.
Capacity Expansion
The company is expanding its leadership capacity with the appointment of Mr. Naveen Naidu as Group CEO effective November 6, 2025, to oversee global operations. One subsidiary is currently in the pre-operative stage.
Raw Material Costs
Not applicable. Employee benefit expenses and consultancy charges are the primary operational costs, though specific YoY percentage changes for these were not disclosed.
Manufacturing Efficiency
Not applicable. Efficiency is measured by billable hours and project delivery timelines in the IT services context.
Strategic Growth
Growth Strategy
Growth is being pursued through leadership restructuring, specifically the appointment of a new Group CEO in late 2025 to drive global strategy. The company is leveraging its 100% ownership of subsidiaries in the UAE and USA to capture international IT consulting demand. The strategy includes maintaining a lean corporate structure with 1/3rd Independent Directors to ensure governance while scaling operations.
Products & Services
SAP implementation services, IT consulting, software development, and enterprise resource planning (ERP) solutions.
Brand Portfolio
Adroit Infotech, Verso Altima.
New Products/Services
The company is preparing to launch operations through a new subsidiary that was yet to commence as of March 2025, likely targeting specialized IT niches.
Market Expansion
Target regions include the Middle East (via Adroit Infotech LLC FZ) and the USA, though the US unit is currently non-revenue generating.
Strategic Alliances
The company operates through 100% owned subsidiaries including Verso Altima India and Adroit Infotech US Inc.
External Factors
Industry Trends
The industry is shifting toward cloud-based ERP migrations. Adroit is positioned as a niche player in this transition, though it must compete with larger Tier-1 IT firms.
Competitive Landscape
Competes with global and mid-tier IT consultancy firms specializing in ERP and digital transformation.
Competitive Moat
The company's moat is based on specialized SAP domain expertise and a lower cost base in India. However, this is moderately sustainable as it lacks the scale of larger competitors.
Macro Economic Sensitivity
Highly sensitive to global corporate CAPEX cycles; a 1% decrease in global GDP typically correlates with reduced enterprise software spending.
Consumer Behavior
Enterprises are increasingly demanding shorter implementation cycles and subscription-based (SaaS) models rather than traditional licensing.
Geopolitical Risks
Operations in the UAE and USA expose the company to trade policy changes and visa regulation shifts for IT consultants.
Regulatory & Governance
Industry Regulations
Compliance with FEMA (Foreign Exchange Management Act) is critical due to 100% ownership of foreign subsidiaries in the US, UAE, and Singapore. Must also adhere to SEBI LODR and Companies Act 2013.
Environmental Compliance
Not applicable for IT services; ESG focus is primarily on governance and social (labor) standards.
Taxation Policy Impact
The Indian subsidiary received a tax credit/adjustment of INR 49.59 Lakhs in FY 2024-25, which bolstered its final PAT.
Legal Contingencies
The Secretarial Audit Report for FY 2024-25 noted no major instances of non-compliance with the Companies Act or SEBI regulations. No material pending court cases with specific values were disclosed.
Risk Analysis
Key Uncertainties
The primary risk is the extreme revenue concentration (95%+) in a single subsidiary (Verso Altima India) and the lack of revenue from the US and Singapore units.
Geographic Concentration Risk
95.6% of subsidiary revenue is derived from India.
Third Party Dependencies
High dependency on software vendors (like SAP) for platform updates and certification requirements.
Technology Obsolescence Risk
High risk if the company fails to transition from legacy ERP systems to AI-driven and cloud-native enterprise solutions.
Credit & Counterparty Risk
Total assets of INR 10.88 Cr in the main subsidiary include receivables; any significant delay in client payments would strain working capital given the INR 7.41 Cr liability load.