💰 Financial Performance

Revenue Growth by Segment

The company operates in a single primary business segment (IT Services), which recorded a total income of INR 30.33 lakh in FY 2025, representing a 100% growth from a zero-revenue base in FY 2024. For the half-year ended September 30, 2025, the company generated INR 23.98 lakh in total income.

Geographic Revenue Split

While specific regional percentages are not disclosed, the company identifies the US and Europe as key markets where macroeconomic pressures significantly influence demand for its digital solutions.

Profitability Margins

Net profit margin for FY 2025 stood at 58.2% (INR 17.66 lakh profit on INR 30.33 lakh income). This represents a 160% positive swing from a net loss of INR 28.12 lakh in FY 2024. For H1 FY 2026, the net profit margin was 46.2% (INR 11.09 lakh profit on INR 23.98 lakh income).

EBITDA Margin

EBITDA for FY 2025 was approximately INR 28.51 lakh (calculated as PBT of INR 17.66 lakh plus depreciation of INR 10.85 lakh), resulting in an EBITDA margin of 94% due to the low-cost service-based model and turnaround phase.

Capital Expenditure

The company recorded depreciation and amortization expenses of INR 10.85 lakh in FY 2025 and INR 5.39 lakh for H1 FY 2026, reflecting its existing asset base for IT operations. Specific planned INR values for future expansion are not disclosed.

Credit Rating & Borrowing

The company reported zero non-current borrowings as of September 30, 2025. However, it carries 'Other non-current financial liabilities' amounting to INR 1,877.00 lakh.

⚙️ Operational Drivers

Raw Materials

As an IT services firm, the primary operational 'raw material' is Human Capital/Technical Talent, which accounts for the majority of service delivery capability. Employee benefit expenses were INR 1.20 lakh in FY 2025.

Import Sources

Not applicable as the company provides digital services; however, it relies on global technology stacks and cloud infrastructure typically sourced from international providers.

Key Suppliers

Not specifically named, but the company relies on ecosystem partnerships to deliver AI-first and cloud-driven solutions.

Capacity Expansion

The company is expanding its service capacity by strengthening AI-first offerings and cloud-driven solutions to capture growing demand in BFSI and retail sectors. Physical capacity in MT/MW is not applicable.

Raw Material Costs

Employee benefit expenses, the primary service cost, represented approximately 4% of total income in FY 2025 (INR 1.20 lakh).

Manufacturing Efficiency

Not applicable for IT services; however, the company focuses on enterprise efficiency through automation and CRM tools to enhance customer experience.

Logistics & Distribution

Not applicable as services are delivered digitally via cloud and enterprise networks.

📈 Strategic Growth

Expected Growth Rate

100%

Growth Strategy

Growth is targeted through an 'AI-first' strategy, expanding cloud migration services, and deepening penetration in the BFSI, retail, manufacturing, and healthcare sectors. The company is also pursuing geographic expansion and leveraging INR 1,320 lakh in warrant application money for potential capital infusion.

Products & Services

Cloud migration, automation, CRM, data analytics, AI-first digital solutions, and enterprise technology consulting.

Brand Portfolio

WinPro (formerly known as Jump Networks).

New Products/Services

The company is focusing on advanced digital solutions and AI-first offerings, though specific revenue contribution percentages for these new lines are not yet disclosed.

Market Expansion

Expansion plans target new geographies and high-growth sectors like healthcare and manufacturing to diversify the client base.

Strategic Alliances

The company emphasizes 'ecosystem partnerships' to deliver differentiated value, though specific partner names are not listed in the provided documents.

🌍 External Factors

Industry Trends

The industry is shifting toward cloud migration, automation, and AI-first solutions. The company is positioning itself to capture this trend by aligning its service portfolio with enterprise digital transformation needs.

Competitive Landscape

Operates in a 'highly competitive' IT services market characterized by pricing pressure and rapid technological obsolescence.

Competitive Moat

The company's moat is built on ecosystem partnerships and specialized AI-first offerings. Sustainability depends on the ability to retain high-skilled talent in a competitive market.

Macro Economic Sensitivity

Highly sensitive to global macroeconomic conditions; a slowdown in US/Europe markets directly impacts the demand for IT services and digital transformation projects.

Consumer Behavior

Enterprises are increasingly shifting toward digital-first models, increasing the demand for cloud and data analytics services.

Geopolitical Risks

Trade barriers or regulatory changes in key operating countries (India, US, Europe) could impact the ability to deliver cross-border IT services.

⚖️ Regulatory & Governance

Industry Regulations

Subject to the Companies Act 2013 and SEBI Listing Obligations and Disclosure Requirements (LODR). The company must adhere to data privacy and professional qualification standards for its service delivery.

Environmental Compliance

Not disclosed as a significant cost factor for this IT services firm.

Taxation Policy Impact

The company reported zero tax expenses for FY 2025 and H1 FY 2026, noting that tax provisions, if any, are made at the end of the financial year.

Legal Contingencies

The Stock Exchange has levied a penalty for non-compliance with SEBI LODR Regulations 17(1), 18(1), 19(1)/19(2), and 20(2)/(2A). The company is currently contesting this levy and pursuing resolution.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the ability to sustain the turnaround momentum (100% growth) given the limited pricing flexibility and high competition in the IT sector.

Geographic Concentration Risk

High dependency on the Indian domestic market and international markets like the US and Europe for revenue generation.

Third Party Dependencies

Dependency on technical talent and ecosystem partners for the delivery of specialized AI and cloud solutions.

Technology Obsolescence Risk

High risk due to the rapid pace of innovation in AI and cloud technologies, requiring constant reinvestment in employee training.

Credit & Counterparty Risk

The company maintains adequate internal controls to manage financial reporting and business processes, though specific receivable quality metrics are not disclosed.