📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Kritika Wires Q3 FY26 PAT Declines 23% YoY to ₹1.63 Cr; Revenue Down 10% YoY
Kritika Wires reported a weak performance for Q3 FY26, with revenue from operations declining 10% YoY to ₹161.13 crore. Net profit for the quarter fell by 23% YoY to ₹1.63 crore, down from ₹2.12 crore in the previous year's corresponding quarter. While the nine-month revenue showed an 8.2% growth, the nine-month PAT dropped significantly to ₹4.14 crore from ₹6.74 crore YoY, reflecting margin pressure. The company also announced the resignation of its Company Secretary and Compliance Officer, effective January 20, 2026.
Key Highlights
Revenue from operations decreased 9.9% YoY to ₹161.13 crore in Q3 FY26.
Net Profit (PAT) for the quarter stood at ₹1.63 crore, a 23.1% decline from ₹2.12 crore in Q3 FY25.
9M FY26 PAT fell to ₹4.14 crore compared to ₹6.74 crore in 9M FY25, despite higher cumulative revenue.
Company Secretary Mahesh Kumar Sharma resigned effective January 20, 2026.
A provision of ₹187.55 lakh was previously made for disputed entry tax liabilities, impacting the 9M bottom line.
💼 Action for Investors
Investors should exercise caution as the company is experiencing a decline in both top-line and bottom-line performance on a YoY basis. The pressure on margins despite higher 9M revenue suggests rising operational costs or pricing challenges that need monitoring.
Kritika Wires Q3 FY26 Revenue Drops 8.5% YoY to ₹163.77 Cr; PAT Declines 27.8%
Kritika Wires Limited reported a weak set of results for Q3 FY26, with revenue from operations falling 8.5% YoY to ₹16,377.43 lakh. Net profit for the quarter saw a sharp decline of 27.8% YoY, coming in at ₹153.01 lakh compared to ₹211.92 lakh in the previous year. While cumulative 9-month revenue grew to ₹54,761.41 lakh, the 9-month net profit dropped significantly to ₹414.28 lakh from ₹673.72 lakh, indicating severe margin pressure. Additionally, the company announced the resignation of its Company Secretary, Mr. Mahesh Kumar Sharma.
Key Highlights
Revenue from operations decreased 8.5% YoY to ₹16,377.43 lakh in Q3 FY26.
Net Profit (PAT) for the quarter fell 27.8% YoY to ₹153.01 lakh.
9-month PAT dropped to ₹414.28 lakh from ₹673.72 lakh in the previous year despite higher sales.
Finance costs reduced to ₹96.20 lakh in Q3 FY26 from ₹156.19 lakh in Q3 FY25.
Company Secretary and Compliance Officer Mahesh Kumar Sharma resigned effective January 20, 2026.
💼 Action for Investors
Investors should exercise caution as the company is experiencing significant margin contraction despite maintaining revenue levels over a 9-month period. Monitor raw material cost trends and the company's ability to pass on costs in the industrial steel wire segment.
ITI Limited Assigned IVR BBB-/Stable Rating for Rs 4,221.39 Crore Bank Facilities
Infomerics Valuation and Ratings Ltd. has assigned credit ratings to ITI Limited's bank facilities totaling Rs 4,221.39 Crore. The long-term facilities of Rs 1,450.00 Crore received an 'IVR BBB-/Stable' rating, while short-term facilities of Rs 2,771.39 Crore were assigned 'IVR A3'. The rating process utilized a consolidated financial approach, including the profile of India Satcom Limited. These ratings indicate a moderate degree of safety regarding the company's financial obligations.
Key Highlights
Long-term rating of IVR BBB-/Stable assigned to facilities worth Rs 1,450.00 Crore
Short-term rating of IVR A3 assigned to facilities worth Rs 2,771.39 Crore
Total bank facilities rated amount to Rs 4,221.39 Crore across major lenders like SBI and Bank of Baroda
Rating assessment includes the consolidated financials of ITI and India Satcom Limited (49.06% stake)
The ratings are valid for one year until February 1, 2027
💼 Action for Investors
Investors should note that while the rating is investment grade, BBB- is at the lower end of the spectrum, reflecting moderate credit risk. Monitor the company's execution of government projects and its impact on working capital management.
Mohit Industries Revises Rights Issue Size Downward to Rs 15 Crores
Mohit Industries Limited has announced a significant revision to its proposed fundraise via a rights issue. The Rights Issue Committee has reduced the total issue size to Rs 15 Crores, down from the previously approved limit of Rs 25 Crores set in November 2025. This adjustment indicates a change in the company's capital requirements or a more conservative approach to equity dilution. All other terms of the equity issuance remain the same as per the original board approval.
Key Highlights
Proposed rights issue size revised downward to a maximum of Rs 15 Crores.
Original fundraise limit was set at Rs 25 Crores on November 14, 2025.
The issuance will consist of equity shares offered to existing eligible shareholders.
The decision was finalized in a Rights Issue Committee meeting held on February 4, 2026.
All other terms and conditions of the proposed issue remain unchanged.
💼 Action for Investors
Investors should wait for the announcement of the record date and rights entitlement ratio to understand the exact dilution. The reduction in issue size is slightly positive for existing shareholders as it results in less equity dilution than originally planned.
Adroit Infotech Q3 Net Profit Jumps 180% YoY to ₹1.52 Cr; Board to Recover Unpaid Rights Money
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.
Key Highlights
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.
💼 Action for Investors
The strong earnings growth and proactive steps to recover unpaid capital are positive signals for shareholders. Investors should monitor the successful collection of the rights issue money as it will strengthen the company's balance sheet.
Adroit Infotech Q3 FY26 PAT Jumps 181% YoY to ₹1.52 Cr; Board to Recover Unpaid Rights Issue Money
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.
Key Highlights
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.
💼 Action for Investors
The company is showing strong growth momentum in its core SAP support services. Investors should monitor the successful collection of unpaid rights issue money and the resulting impact on the equity base.
Adroit Infotech Q3 Net Profit Jumps 180% YoY to ₹1.52 Cr; Board to Recover Unpaid Rights Money
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.
Key Highlights
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.
💼 Action for Investors
The company shows strong operational growth and is taking proactive steps to clean up its capital structure. Investors should view the earnings growth positively while watching for the completion of the rights issue fund collection.
Pidilite Q3 FY26: Consolidated PAT up 12% to ₹624 Cr with 9.3% Volume Growth
Pidilite Industries reported a steady Q3 FY26 performance with consolidated revenue growing 10.2% YoY to ₹3,699 Cr. Growth was primarily driven by a robust 9.3% underlying volume growth (UVG), with the core Consumer & Bazaar segment growing at 9.7%. Despite a one-time ₹53 Cr impact from new labor code provisions which spiked staff costs by 21%, EBITDA margins improved to 24.2%. Standalone PAT grew by 12.5% to ₹601 Cr, supported by gross margin expansion to 55.7% due to lower input costs.
Key Highlights
Consolidated Revenue grew 10.2% YoY to ₹3,699 Cr with an underlying volume growth of 9.3%
Gross Margins expanded to 55.7% from 53.7% YoY, benefiting from benign input prices
Consolidated PAT increased by 12.0% to ₹624 Cr, while Standalone PAT rose 12.5% to ₹601 Cr
Staff costs increased by 21.6% due to a one-time ₹53 Cr provision for the new labor code
Domestic B2B segment recorded strong growth with 15.6% UVG, though exports declined by 28.8%
💼 Action for Investors
Investors should focus on the strong volume growth and margin expansion which indicate high pricing power and operational efficiency. The one-time labor cost provision is non-recurring, suggesting even stronger underlying profitability for future quarters.
Pidilite Q3 FY26: Net Profit Up 12% to ₹624 Cr; Strong 9.3% Volume Growth
Pidilite Industries reported a strong performance for Q3 FY26, with consolidated net profit rising 12% YoY to ₹624 crore. Revenue grew by 10.2% to ₹3,699 crore, supported by a healthy 9.3% underlying volume growth (UVG) in the standalone business. The Consumer & Bazaar segment was the primary driver with 12.4% revenue growth, while gross margins expanded by over 200 bps due to lower input costs. Management remains optimistic about future demand, citing infrastructure push and favorable monsoons as key tailwinds.
Key Highlights
Consolidated Net Sales grew 10.2% YoY to ₹3,699 crore for the quarter ended December 2025.
Standalone Underlying Volume Growth (UVG) remained robust at 9.3% for the quarter.
Consumer & Bazaar (C&B) segment revenue increased by 12.4% with EBIT margins expanding to 31.2%.
Consolidated Gross Margins improved by 222 bps YoY, driven by softening raw material prices.
Consolidated EBITDA grew by 12.0% to ₹894 crore, maintaining a healthy margin of 24.2%.
💼 Action for Investors
Investors should take note of the consistent double-digit growth and margin expansion despite export headwinds in the B2B segment. The company's strong volume growth and market leadership in adhesives make it a resilient pick for long-term portfolios.
Pidilite Industries Approves Q3 FY26 Unaudited Financial Results
Pidilite Industries has officially released its standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved the unaudited figures in a meeting concluded on February 3, 2026. The filing includes the mandatory Limited Review Report from the auditors, ensuring regulatory compliance. Investors should now focus on the detailed financial tables to evaluate segment-wise performance and margin trends.
Key Highlights
Board approved unaudited financial results for the quarter and nine months ended December 31, 2025.
The Board meeting was conducted on February 3, 2026, between 2:30 p.m. and 6:00 p.m.
Submission includes both Standalone and Consolidated financial statements as per SEBI regulations.
A Limited Review Report from the statutory auditors was provided alongside the results.
💼 Action for Investors
Investors should examine the detailed financial disclosure for volume growth in the Consumer & Bazaar segment. Pay close attention to EBITDA margins and the impact of raw material price fluctuations.
Digitide Q3 FY26: Record INR 662 Cr TCV and 19% Growth in Tech & Digital Segment
Digitide Solutions reported a resilient Q3 FY26 with consolidated revenue of INR 780 crores, marking a 6.5% YoY increase driven by a 19% surge in high-margin Tech and Digital services. The company achieved a record Total Contract Value (TCV) of INR 662 crores, a 20% sequential increase, and added 34 new logos during the quarter. While reported PAT was impacted by a one-off INR 25.4 crore adjustment for the new Labour Code, adjusted PAT reached a three-quarter high of INR 24 crores. Operational efficiency improved with DSO days reducing to 79, and the company maintains a strong net cash position of INR 125 crores.
Key Highlights
Consolidated revenue grew 6.5% YoY to INR 780 crores, with Tech & Digital revenue rising 19% to INR 236 crores.
Record TCV of INR 662 crores achieved in Q3, representing a 20% sequential growth and 34 new logo additions.
Adjusted PAT reached INR 24 crores, excluding a one-time INR 25.4 crore impact from Labour Code changes.
DSO improved significantly to 79 days from 91 days in Q1, reflecting better working capital management and cash flow of INR 92 crores.
Net cash position improved to INR 125 crores, providing flexibility for the '3x3x3' strategy to reach USD 1 billion revenue by FY31.
💼 Action for Investors
Investors should monitor the conversion of the record TCV into revenue and the continued margin expansion in the Tech & Digital segment. The steady improvement in DSO and strong cash conversion suggests the company has successfully navigated its post-demerger transition.
Nitin Spinners Q3FY26 PAT Jumps 27.7% QoQ to ₹44.4 Cr; Announces ₹1,120 Cr Capex Plan
Nitin Spinners reported a strong sequential recovery in Q3FY26, with revenue growing 5.3% QoQ to ₹800.7 crore and PAT rising 27.7% QoQ to ₹44.4 crore. While YoY figures were slightly lower, EBITDA margins improved by 83 bps sequentially to 13.93% due to stable demand and favorable cotton prices. The company is embarking on a massive ₹1,120 crore expansion to increase weaving capacity by 88% and spinning by 20% by FY27. Furthermore, a ₹230 crore investment in captive solar power is expected to cover 40-45% of total energy needs, significantly reducing operational costs.
Key Highlights
Revenue grew 5.3% QoQ to ₹800.7 crore, though it declined 4.5% on a YoY basis.
PAT saw a sharp sequential increase of 27.7% to ₹44.4 crore with an EPS of ₹7.90.
Announced a ₹1,120 crore capex to expand weaving capacity from 40 to 75 Mn Mtrs/pa and spinning by 22,400 MTPA.
Investing ₹230 crore in 41 MW solar capacity to improve cost competitiveness and sustainability.
Exports contributed 61% of total revenue, with management eyeing growth from potential EU and UK FTAs.
💼 Action for Investors
Investors should monitor the execution of the ₹1,120 crore capex, as the shift toward high-margin finished fabrics could significantly re-rate the stock. The sequential margin recovery and aggressive cost-saving solar initiatives are strong indicators of operational efficiency.
BF Utilities Delays Consolidated FY25 Results Due to Subsidiary Reporting Lags
BF Utilities Limited has responded to exchange clarifications regarding the non-submission of consolidated financial results for the period ended March 31, 2025. The company stated that while standalone results were filed on May 29, 2025, consolidated figures are delayed because key subsidiaries have not yet provided their audited data. These subsidiaries include Nandi Infrastructure Corridor Enterprises Ltd. (NICE), Nandi Economic Corridor Enterprises Ltd. (NECE), and Nandi Highway Developers Limited (NHDL). The company will publish the consolidated results once these subsidiaries complete their reporting.
Key Highlights
Standalone financial results for the year ended March 31, 2025, were successfully filed on May 29, 2025.
Consolidated results are pending due to reporting delays from three major subsidiaries: NICE, NECE, and NHDL.
The delay triggered a clarification request from the stock exchanges under SEBI Regulation 33.
The company has not provided a specific timeline for when the subsidiary audits will be completed.
💼 Action for Investors
Investors should remain cautious as the absence of consolidated data makes it difficult to assess the full financial health and debt obligations of the group. Monitor for the eventual release of consolidated figures to evaluate the performance of the underlying infrastructure assets.
BF Utilities Delays Consolidated FY25 Results Due to Subsidiary Reporting Lag
BF Utilities Limited has responded to exchange clarifications regarding the non-submission of consolidated financial results for the quarter and year ended March 31, 2025. While the company filed its standalone results on May 29, 2025, it cited delays from key subsidiaries as the reason for the missing consolidated data. Specifically, Nandi Infrastructure Corridor Enterprises Ltd (NICE), Nandi Economic Corridor Enterprises Ltd (NECE), and Nandi Highway Developers Limited (NHDL) have not yet provided their audited financials. The company intends to publish consolidated results once these subsidiary reports are finalized.
Key Highlights
Standalone financial results for the year ended March 31, 2025, were successfully filed on May 29, 2025.
Consolidated results are pending due to reporting delays from three major subsidiaries: NICE, NECE, and NHDL.
The clarification was issued following a query from the stock exchanges under Regulation 33 of SEBI LODR Regulations.
Management has committed to publishing the consolidated figures as soon as subsidiary data becomes available.
💼 Action for Investors
Investors should exercise caution and wait for the consolidated results to assess the full financial health of the group, as the subsidiaries hold significant infrastructure assets. Monitor for any further regulatory action or updates regarding the finalization of NICE and NECE accounts.
Nitin Spinners Q3 PAT Rises 27% QoQ to ₹44.4 Cr; Announces ₹230 Cr Solar Power Project
Nitin Spinners reported a strong sequential recovery in Q3 FY26, with Net Profit rising 27.6% to ₹44.41 crore compared to the previous quarter. While year-on-year revenue saw a slight decline of 4.5% to ₹800.68 crore, the company showed improved operational efficiency. A major strategic highlight is the board's approval for a ₹230 crore investment in solar power plants totaling approximately 41 MW (AC) capacity. This investment, funded through internal accruals and term loans, is expected to significantly reduce power costs and improve long-term margins.
Key Highlights
Revenue from operations stood at ₹800.68 crore, showing a 5.3% sequential growth over Q2 FY26.
Net Profit (PAT) increased to ₹44.41 crore from ₹34.79 crore in the preceding quarter.
Approved a ₹230 crore capex for solar power projects in Rajasthan to enhance energy self-sufficiency.
Agreement executed with LNB Renewable Energy for a 33 MW (AC) solar plant at Jodhpur.
Earnings Per Share (EPS) improved to ₹7.90 in Q3 FY26 from ₹6.19 in Q2 FY26.
💼 Action for Investors
Investors should take note of the sequential margin improvement and the company's proactive shift toward renewable energy to lower operating costs. The stock remains a solid play in the textile sector with a clear focus on sustainability and cost optimization.
Nitin Spinners Q3 PAT Rises 27.6% QoQ to ₹44.4 Cr; Announces ₹230 Cr Solar Investment
Nitin Spinners reported a sequential recovery in Q3 FY26, with Net Profit growing 27.6% QoQ to ₹44.41 crore, although revenue saw a slight 4.5% decline on a YoY basis. A major highlight is the board's approval for a ₹230 crore investment in solar power plants with a total capacity of approximately 41 MW (AC) in Rajasthan. This strategic move is aimed at reducing power and fuel expenses, which accounted for ₹75.48 crore this quarter. The project will be funded through a combination of internal accruals and term loans, signaling a focus on long-term margin expansion through cost control.
Key Highlights
Revenue from operations stood at ₹800.68 crore, up 5.3% sequentially from ₹760.08 crore in Q2.
Net Profit (PAT) increased to ₹44.41 crore in Q3 FY26 compared to ₹34.79 crore in the preceding quarter.
Approved ₹230 crore capex for 33 MW and 8.05 MW solar projects to optimize power costs.
Finance costs decreased to ₹16.96 crore from ₹20.66 crore in the same quarter last year.
Quarterly EPS improved to ₹7.90 from ₹6.19 in Q2 FY26.
💼 Action for Investors
The sequential growth in profitability and the aggressive move toward captive green energy are positive indicators for long-term margin sustainability. Investors should hold with a watch on the execution of the solar project and global textile demand trends.
Digitide Solutions Q3 FY26: Revenue Up 6.5% YoY to ₹780 Cr; Record TCV Booking of ₹662 Cr
Digitide Solutions reported a steady Q3 FY26 with revenue reaching ₹780 Cr, supported by an 18.6% YoY growth in the Tech & Digital segment. The company achieved its highest-ever Total Contract Value (TCV) booking of ₹662 Cr, marking a 20% sequential growth and winning 34 new logos. While Adjusted PAT grew 42.5% QoQ to ₹24 Cr, the company faced one-time exceptional impacts of ₹50.8 Cr related to labor codes and gratuity. The balance sheet remains robust with a net cash position of ₹125 Cr and improved DSO of 79 days.
Key Highlights
Revenue grew 6.5% YoY to ₹780 Cr, with the Tech & Digital segment now contributing 30.2% of total revenue.
Achieved record TCV of ₹662 Cr in Q3, representing a 20% QoQ increase and strong sales momentum.
Adjusted PAT increased 42.5% sequentially to ₹24 Cr, though impacted by ₹50.8 Cr in exceptional items.
Operational efficiency improved with Days Sales Outstanding (DSO) reducing from 82 to 79 days.
Strong AI adoption with 3.6 million automated interactions handled and 6,000+ employees upskilled in AI.
💼 Action for Investors
Investors should monitor the conversion of the record TCV into revenue and the margin expansion in the Tech & Digital segment. The company's transition to an AI-first digital transformation partner and its strong cash position provide a positive long-term outlook.
Digitide Q3FY26 Revenue Up 6.5% YoY to ₹780 Cr; TCV Hits All-Time High of ₹662 Cr
Digitide Solutions reported a steady Q3FY26 with revenue growing 6.5% YoY to ₹780 Cr, supported by an 18.6% YoY surge in the Tech & Digital segment. While sequential performance showed recovery with Adjusted PAT rising 42.5% QoQ to ₹24 Cr, YoY margins remain under pressure with EBITDA down 20.8% compared to the previous year. A significant positive is the record Total Contract Value (TCV) of ₹662 Cr, up 20% QoQ, which provides strong revenue visibility. The company also improved its operational efficiency, reducing DSO to 79 days and increasing its net cash position to ₹125 Cr.
Key Highlights
Revenue grew 6.5% YoY to ₹780 Cr, marking the fourth consecutive quarter of sequential growth.
TCV bookings hit an all-time high of ₹662 Cr, up 20% QoQ, with 34 new key logos added.
Tech & Digital segment revenue grew 18.6% YoY to ₹236 Cr, now representing 30.2% of total mix.
Adjusted PAT stood at ₹24 Cr, excluding ₹25.9 Cr in exceptional items primarily due to labor code changes.
Net cash position improved to ₹125 Cr from ₹113 Cr, aided by DSO reduction from 82 to 79 days.
💼 Action for Investors
Investors should focus on the strong TCV growth and the shift toward the higher-growth Tech & Digital segment as indicators of future margin recovery. While YoY profitability is currently lower, the sequential improvement in cash flow and deal wins suggests a positive turnaround trajectory.
Digitide Solutions Reports Q3 FY26 Net Loss of ₹20.5M Impacted by Exceptional Items
Digitide Solutions Limited reported a consolidated revenue of ₹7,803.03 million for Q3 FY26, reflecting a 6.5% YoY growth. Despite the revenue increase, the company posted a net loss of ₹20.50 million for the quarter, a sharp decline from a profit of ₹290.74 million in the previous year's corresponding quarter. This loss was primarily driven by a significant exceptional item loss of ₹258.59 million. Additionally, the board approved a new Employee Stock Option Scheme (ESOS 2026) covering 3.33% of the paid-up share capital.
Key Highlights
Consolidated revenue from operations increased to ₹7,803.03 million, up from ₹7,326.30 million YoY.
Reported a net loss of ₹20.50 million in Q3 FY26 compared to a profit of ₹290.74 million in Q3 FY25.
Profitability was severely impacted by an exceptional loss of ₹258.59 million during the quarter.
Business Process Management (BPM) remains the largest segment with revenue of ₹5,448.19 million.
Board approved ESOS 2026 for granting up to 49,65,568 stock options to employees.
💼 Action for Investors
Investors should exercise caution and seek clarity on the nature of the ₹258.59 million exceptional loss to assess if it is a non-recurring event. While revenue growth is steady, the significant bottom-line impact and the dilution from the new ESOS scheme are key factors to monitor.
ITI Ltd Receives Rs 16 Cr EMD for Sale of 21-Acre Bengaluru Land Valued at Rs 800 Cr
ITI Limited has received an Earnest Money Deposit (EMD) of Rs 16 crore from the Central Goods and Services Tax (CGST) Department for the sale of a 21-acre land parcel in K.R. Puram, Bengaluru. This deposit represents 2% of the indicative land value, which is currently estimated at Rs 800 crore. The final valuation will be determined by the National Land Management Corporation (NLMC) before the transaction is finalized. The proceeds from this asset monetization are expected to be realized during the 2025-26 financial year, providing a significant liquidity boost to the company.
Key Highlights
Received Rs 16 crore as Earnest Money Deposit (EMD) from the CGST Department on January 28, 2026.
The transaction involves a 21-acre land parcel located at K.R. Puram, Bengaluru.
The indicative value of the land is estimated at Rs 800 crore, subject to final NLMC valuation.
The EMD amount will be adjusted against the final transaction value upon completion.
The procurement process is being conducted under DPE/NLMC norms for the FY 2025-26.
💼 Action for Investors
Investors should view this as a positive asset monetization move that could significantly strengthen the company's balance sheet. Monitor for the final valuation from NLMC as it will determine the actual cash inflow from this deal.