EQUIPPP - Equippp Social

📊 NSE: EQUIPPP 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/13/2025 21:56

💰 Financial Performance

Revenue Growth by Segment

IT business vertical: Maintained steady revenues (specific growth % not disclosed). IP vertical: Progressing with strategic Proofs of Concept (PoCs) for P4 models to enable social infrastructure. Total consolidated income from operations for H1 FY26 reached INR 20.38 Cr, which is 100% of the total revenue reported for the entire previous fiscal year (FY25: INR 20.38 Cr).

Profitability Margins

Operating Profit Margin: 9.32% in FY25, a significant recovery from -1.88% in FY24 (up 595.74%). Net Profit Margin: -34.07% in FY25, declining from -8.01% in FY24 (down 325.37%) due to increased operating expenses. H1 FY26 Net Profit stood at INR 0.61 Cr.

EBITDA Margin

Operating Profit Margin was 9.32% in FY25, reflecting core profitability improvements from -1.88% in FY24 (up 595.74% YoY) as the company reduced operating expenses.

Capital Expenditure

Investing activities for H1 FY26 involved an outflow of INR 1.22 Cr, primarily for the purchase of fixed assets and CWIP Intangible assets to support the IP vertical's development.

⚙️ Operational Drivers

Raw Materials

Not applicable for IT/IP service sector. The company's primary 'input' is human capital.

Import Sources

Not applicable.

Key Suppliers

Not applicable.

Capacity Expansion

Not applicable for service sector; the company is focusing on 'inorganic scale' through strategic partnerships to expand its IP vertical.

Raw Material Costs

Employee benefits expense for H1 FY26 was INR 14.60 Cr, representing 71.6% of total income. This is the primary cost driver, and any increase in talent acquisition costs directly impacts the bottom line.

Manufacturing Efficiency

Not applicable for IT/IP service sector.

📈 Strategic Growth

Expected Growth Rate

100%

Growth Strategy

EQUIPPP plans to achieve growth by evolving P4 models for social infrastructure through strategic Proofs of Concept (PoCs) and pursuing inorganic scale via strategic partnerships. The IT vertical provides a steady revenue base (INR 20.38 Cr in H1 FY26) to fund these IP-led expansions.

Products & Services

IT services and IP-based P4 models for social infrastructure.

Brand Portfolio

EQUIPPP, Equivas, Technogen.

New Products/Services

P4 models for social infrastructure (IP vertical) and strategic PoCs are the primary new focus areas.

Market Expansion

Targeting social infrastructure creation through P4 models; specific regions not disclosed.

Strategic Alliances

Strategic partnerships are being pursued to achieve inorganic scale in the IP vertical.

🌍 External Factors

Industry Trends

The social impact technology sector is growing, with a shift towards tech-enabled social infrastructure. EQUIPPP is positioning itself through P4 models and strategic partnerships to capture this evolving market.

Competitive Moat

The company's moat is built on its specialized 'P4 models' for social infrastructure and strategic Proofs of Concept (PoCs), which create a niche market position and high switching costs for social impact projects.

Consumer Behavior

Increasing demand for transparent and tech-enabled social infrastructure and impact-driven technology models.

⚖️ Regulatory & Governance

Industry Regulations

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically regarding Corporate Governance compliance for entities with net worth > INR 25 Cr.

Taxation Policy Impact

Tax expense of INR 13.34 Lakhs for H1 FY26.

Legal Contingencies

NSE has imposed penalties for non-compliance/delayed compliance with Corporate Governance provisions for FY 2024-25. The company is contesting this based on its net worth being below the INR 25 Cr threshold.