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Lee & Nee Softwares Exports Ltd (517415)

📊 BSE: 517415 🏢 IT Enabled Services 📢 Latest filing: 28 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Lee & Nee's revenue was ₹3.6 Cr (+40.6% year on year, -3.4% on the previous quarter), and net profit ₹0.1 Cr (+86.8% year on year); the operating margin was -1.3%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹3.6	+40.6%	-3.4%
Operating profit	₹-0.0	loss narrowed	loss narrowed
Net profit	₹0.1	+86.8%	+66.0%
EPS (₹)	0.03	+200.0%	+50.0%
Operating margin	-1.3%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Lee & Nee Softwares Sets Sep 22 Cut-Off Date for 38th AGM; Proposes CEO Remuneration Hike

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 28 Aug 2026, 11:20 AM

Lee & Nee Softwares Exports Ltd has scheduled its 38th Annual General Meeting (AGM) for Tuesday, September 29, 2026, via video conferencing. The cut-off date to determine e-voting eligibility has been fixed as September 22, 2026, with the register of members closed from September 26 to September 28, 2026. Key special business includes seeking shareholder approval to increase the remuneration of Managing Director & CEO Mahesh Gupta from Rs 1,00,000 per month to Rs 1,50,000 per month effective October 1, 2026, and the appointment of Kirrti Lahoti as an Independent Director for 5 years.

38th Annual General Meeting scheduled for September 29, 2026, at 11:00 AM IST via VC/OAVM
Cut-off date for remote e-voting eligibility set for September 22, 2026
Remote e-voting window open from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
Proposed revision in MD & CEO remuneration from Rs 1,00,000 to Rs 1,50,000 per month effective October 1, 2026
Appointment of Mrs. Kirrti Lahoti as Non-Executive Independent Director for a 5-year term

💡 Shareholders holding equity as of September 22, 2026, can cast their votes electronically between September 26 and September 28, 2026. Track the voting results post-AGM on September 29, 2026.

Lee & Nee Softwares Independent Director Sumita Mahadevan Resigns Effective August 13, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 14 Aug 2026, 07:24 PM

Lee & Nee Softwares (Exports) Ltd has announced the resignation of Mrs. Sumita Mahadevan (DIN: 11236590) from her position as Independent Director effective August 13, 2026. She had served on the board since August 13, 2025, completing a tenure of exactly one year. The resignation was attributed to personal reasons, and she confirmed there were no other material reasons. This is a routine board-level change with no direct impact on the company's financial performance or ongoing operations.

Resignation of Independent Director Mrs. Sumita Mahadevan effective August 13, 2026
Resignation letter tendered on August 7, 2026, citing personal reasons
Completed a 1-year tenure following initial appointment on August 13, 2025
Confirmation provided that there are no other material reasons for the resignation

💡 Track subsequent board appointments to verify continued compliance with SEBI LODR board composition requirements.

Lee & Nee Softwares Appoints Kirrti Lahoti as Independent Director Following Resignation

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 14 Aug 2026, 01:04 PM

Lee & Nee Softwares Exports Ltd has appointed Mrs. Kirrti Lahoti as an Additional Director in the capacity of Independent Director effective August 13, 2026. This appointment follows the resignation of Mrs. Sumita Mahadevan, who stepped down from the board on the same date citing personal reasons. The company, a micro-cap with a market capitalization of ₹34 Cr and TTM revenue of ₹13 Cr, is maintaining its board composition through this replacement. The appointment is subject to shareholder approval at the next General Meeting.

Appointment of Mrs. Kirrti Lahoti as Additional Director (Independent) effective August 13, 2026
Resignation of Mrs. Sumita Mahadevan effective August 13, 2026, following her letter dated August 7, 2026
Company maintains a promoter holding of 69.92% as of June 2026
The company reported a TTM revenue of ₹13 Cr and a net profit of ₹0.31 Cr for FY26

💡 Investors should monitor the upcoming General Meeting for the formal ratification of the new director's appointment and check for any shifts in corporate governance or strategic oversight.

Lee & Nee Softwares Announces Board Change: Resignation and Appointment of Independent Directors

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Aug 2026, 05:59 PM

Lee & Nee Softwares Exports Ltd has updated its board composition effective August 13, 2026. Mrs. Sumita Mahadevan has resigned as an Independent Director citing personal reasons, with no other material reasons reported. To fill the vacancy, the board has appointed Mrs. Kirrti Lahoti as an Additional Director in an independent capacity, subject to shareholder approval. Given the company's small scale (Market Cap: ₹37 Cr, TTM Revenue: ₹12 Cr), this is a routine administrative transition.

Resignation of Mrs. Sumita Mahadevan as Independent Director effective August 13, 2026
Appointment of Mrs. Kirrti Lahoti as Additional Director (Independent) on August 13, 2026
Company maintains a promoter holding of 69.9% as of June 2026
TTM revenue stands at ₹12 Cr with an operating margin of -3.7%
The board change occurs while the company has a market capitalization of ₹37 Cr

💡 Investors should monitor the upcoming General Meeting for the formal ratification of Mrs. Kirrti Lahoti's appointment to ensure board continuity.

Rs 3.48 Cr Revenue in Q1 FY27, up 42% YoY; Standalone PAT nearly doubles to Rs 18.48 Lakhs

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 05:51 PM

Lee & Nee Softwares reported a standalone revenue of Rs 3.48 Cr for Q1 FY27, marking a 42.6% increase from Rs 2.44 Cr in the same quarter last year. Standalone Net Profit rose 91.9% YoY to Rs 18.48 Lakhs, up from Rs 9.63 Lakhs. While the growth percentages are high, the absolute figures remain small for this micro-cap company (Market Cap Rs 37 Cr). Consolidated revenue stood at Rs 3.61 Cr, with subsidiaries contributing approximately Rs 21.4 Lakhs to the top line.

Standalone revenue from operations increased 42.6% YoY to Rs 347.56 Lakhs.
Standalone Net Profit grew 91.9% YoY to Rs 18.48 Lakhs compared to Rs 9.63 Lakhs in Q1 FY26.
Total standalone expenses rose to Rs 345.20 Lakhs, with employee benefit expenses at Rs 141.35 Lakhs.
Consolidated revenue for the quarter reached Rs 361.23 Lakhs, including two subsidiaries.
Promoter holding saw a marginal increase to 69.92% as of June 2026 from 69.78% in March 2026.

💡 Investors should monitor if the company can maintain this revenue growth trajectory and improve its thin operating margins. The high P/E ratio of 120.5 suggests the market is pricing in significant future growth which must be supported by consistent quarterly performance.

Rs 0.18 Cr Net Profit in Q1; Revenue Grows 42% YoY; New Independent Director Appointed

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 05:07 PM

Lee & Nee Softwares reported a standalone net profit of Rs 18.48 Lakhs for the quarter ended June 30, 2026, nearly doubling from Rs 9.63 Lakhs in the same period last year. Revenue from operations grew 42.4% YoY to Rs 3.48 Cr, representing approximately 29% of the company's TTM revenue. The board also approved the appointment of Mrs. Kirrti Lahoti as an Independent Director for 5 years following the resignation of Mrs. Sumita Mahadevan. Despite the growth, the company remains a micro-cap with a market capitalization of just Rs 37 Cr and historically thin margins.

Revenue from operations increased to Rs 3.48 Cr in Q1 FY27 from Rs 2.44 Cr in Q1 FY26.
Net profit for the quarter rose to Rs 18.48 Lakhs, a 91.9% increase compared to Rs 9.63 Lakhs YoY.
Total expenses for the quarter stood at Rs 3.45 Cr, with employee benefits being the largest component at Rs 1.41 Cr.
Mrs. Kirrti Lahoti appointed as Additional Independent Director for a 5-year term starting August 13, 2026.
Total Comprehensive Income for the period reached Rs 50.07 Lakhs, aided by gains in equity instruments.

💡 Investors should monitor if the company can maintain this quarterly revenue run-rate of ~Rs 3.5 Cr to improve its TTM performance and address its historically negative operating margins (-3.7%).

Lee & Nee Softwares to consider Q1 FY27 results on August 13, 2026

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 05 Aug 2026, 01:18 PM

Lee & Nee Softwares Exports Ltd has scheduled a board meeting for August 13, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for a micro-cap company with a market capitalization of approximately ₹38 Cr. The company reported a marginal net profit of ₹0.31 Cr in FY26 on a revenue of ₹11.61 Cr. Investors should note the company's negative operating profit margin of -3.7% in the preceding fiscal year.

Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
Trading window for insiders remains closed until 48 hours after the results declaration.
Company reported TTM revenue of ₹12 Cr and TTM PAT of ₹0 Cr.
Promoter holding has marginally increased from 69.58% in Sep 2025 to 69.92% in Jun 2026.

💡 Monitor the results on August 13 to check for improvements in operating margins, which were -3.7% in FY26, and to see if the company can sustain the marginal profitability seen in recent quarters.

Lee & Nee Softwares Appoints Secretarial Auditor for 5-Year Term (FY26-FY30)

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 03 Aug 2026, 03:39 PM

Lee & Nee Softwares Exports Ltd has appointed M/s Rasna Goyal & Co. as its Secretarial Auditor for a five-year term starting from FY 2025-26 through FY 2029-30. This is a standard regulatory appointment under SEBI Listing Regulations. The company is a micro-cap entity with a market capitalization of Rs 38 Cr and TTM revenue of Rs 12 Cr. The appointment is procedural and does not impact the company's financial fundamentals or negative operating margins (-3.7%).

Appointment of M/s Rasna Goyal & Co. for a term of 5 consecutive financial years.
The audit period commences from FY 2025-26 and ends with FY 2029-30.
Company reported TTM revenue of Rs 12 Cr and FY26 net profit of Rs 0.31 Cr.
Promoter holding has marginally increased from 69.58% in Sep 2025 to 69.92% in Jun 2026.

💡 Investors should treat this as a routine compliance update. The focus should remain on the company's operational turnaround, given its negative operating margins and low ROCE of 1.0%.

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