Ikoma Technologies Ltd (531997)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Ikoma Technologies' revenue was ₹0.0 Cr (-100.0% year on year), and net profit ₹-0.1 Cr (a smaller loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | — |
| Operating profit | ₹-0.0 | loss narrowed | loss narrowed |
| Net profit | ₹-0.1 | loss narrowed | loss narrowed |
| EPS (₹) | -0.03 | loss narrowed | loss narrowed |
📢 Recent Corporate Announcements
Ikoma Technologies Limited (formerly Vuenow Infratech) conducted its 32nd Annual General Meeting on September 30, 2026, with 36 public shareholders attending via video conferencing. Key special business transacted included voting on the withdrawal of a preferential issue of 59,99,736 equity shares intended as a share swap for Mahakal Devcon Limited shareholders. Other items included director re-appointments, increasing Managing Director Rahul Anandrao Bhargav's remuneration, and formal adoption of the FY26 financial statements. Official scrutinizer voting results will be announced separately within two working days.
- Resolution proposed to withdraw preferential issue of 59,99,736 equity shares via share swap with Mahakal Devcon Limited
- Total 15,799 shareholders were registered on the record date of September 23, 2026
- A total of 36 public shareholders attended the meeting via video conferencing, with zero promoter attendance recorded on VC
- Transacted approval for increase in managerial remuneration for Managing Director Rahul Anandrao Bhargav
Ikoma Technologies has approved the withdrawal of its In-Principle Application for a proposed Rights Issue, originally filed with BSE on June 8, 2026. The withdrawal is intended to revise the objects and purpose of the issue before submitting a fresh application. Consequently, the company has also terminated its planned acquisition of ICM Insurance Brokers Private Limited, which was dependent on proceeds from the Rights Issue. This leaves the micro-cap firm (market cap of ₹139 Cr and TTM revenue of ₹2 Cr) without the previously planned acquisition-led expansion.
- Withdrawal of BSE In-Principle Rights Issue application filed on 08th June, 2026 under Case No. 270228
- Cancellation of acquisition of M/s ICM Insurance Brokers Private Limited due to lack of funding
- Board meeting held and approved on 25th September, 2026 between 11:31 A.M. and 11:46 A.M.
- Company plans a fresh In-Principle Application after revising the objects/purposes of the Rights Issue
Ikoma Technologies has approved the withdrawal of its In-Principle Application for a proposed Rights Issue, originally filed with BSE on June 8, 2026. The withdrawal is intended to revise the objects and purpose of the issue before submitting a fresh application. Consequently, the company has also terminated its planned acquisition of ICM Insurance Brokers Private Limited, which was dependent on proceeds from the Rights Issue. This leaves the micro-cap firm (market cap of ₹139 Cr and TTM revenue of ₹2 Cr) without the previously planned acquisition-led expansion.
- Withdrawal of BSE In-Principle Rights Issue application filed on 08th June, 2026 under Case No. 270228
- Cancellation of acquisition of M/s ICM Insurance Brokers Private Limited due to lack of funding
- Board meeting held and approved on 25th September, 2026 between 11:31 A.M. and 11:46 A.M.
- Company plans a fresh In-Principle Application after revising the objects/purposes of the Rights Issue
Ikoma Technologies has approved the withdrawal of its In-Principle Application for a proposed Rights Issue, originally filed with BSE on June 8, 2026. The withdrawal is intended to revise the objects and purpose of the issue before submitting a fresh application. Consequently, the company has also terminated its planned acquisition of ICM Insurance Brokers Private Limited, which was dependent on proceeds from the Rights Issue. This leaves the micro-cap firm (market cap of ₹139 Cr and TTM revenue of ₹2 Cr) without the previously planned acquisition-led expansion.
- Withdrawal of BSE In-Principle Rights Issue application filed on 08th June, 2026 under Case No. 270228
- Cancellation of acquisition of M/s ICM Insurance Brokers Private Limited due to lack of funding
- Board meeting held and approved on 25th September, 2026 between 11:31 A.M. and 11:46 A.M.
- Company plans a fresh In-Principle Application after revising the objects/purposes of the Rights Issue
Ikoma Technologies reported standalone revenue from operations of ₹13.53 lakh for Q1 FY27 (ended June 30, 2026), declining 91.9% YoY compared to ₹166.40 lakh in Q1 FY26, though improving from nil revenue in Q4 FY26. Standalone profit after tax (PAT) stood at ₹3.47 lakh, a sharp 96.6% drop from ₹101.62 lakh in the corresponding quarter last year. The Board approved the re-appointment of multiple independent directors, the Whole-Time Director, and an increase in remuneration for Managing Director Rahul Anandrao Bhargav. The company's 32nd Annual General Meeting is scheduled for September 30, 2026.
- Q1 FY27 revenue from operations stood at ₹13.53 lakh compared to ₹166.40 lakh in Q1 FY26 and nil in Q4 FY26
- Net profit (PAT) dropped 96.6% YoY to ₹3.47 lakh from ₹101.62 lakh in Q1 FY26, yielding an EPS of ₹0.01
- Total expenses for the quarter decreased to ₹10.07 lakh against ₹32.99 lakh in Q1 FY26
- Board approved re-appointment of 5 Independent Directors and WTD Paras Chand Jain, plus remuneration hike for MD Rahul Bhargav
- Impact of forfeiture of 6,23,800 partly paid-up shares (approved by BSE on May 12, 2026) remains pending in accounts
Ikoma Technologies reported standalone revenue from operations of ₹13.53 lakh for Q1 FY27, declining 91.9% YoY from ₹166.40 lakh in Q1 FY26, though turning positive after zero revenue in Q4 FY26. Standalone net profit stood at ₹3.47 lakh compared to ₹101.62 lakh in Q1 FY26, rebounding from a loss of ₹7.56 lakh in the preceding quarter. Statutory auditors issued a qualified limited review report, noting that sundry balances are subject to confirmation. Additionally, the Board approved the re-appointment of several directors and proposed an increase in the Managing Director's remuneration.
- Revenue from operations fell 91.9% YoY to ₹13.53 lakh in Q1 FY27 from ₹166.40 lakh in Q1 FY26
- Net profit dropped 96.6% YoY to ₹3.47 lakh versus ₹101.62 lakh in Q1 FY26
- Total expenses declined to ₹10.07 lakh compared to ₹32.99 lakh in the corresponding quarter last year
- Auditors issued a qualification stating sundry balances are subject to confirmation as they were not reviewed
- Impact of forfeiture of 6,23,800 partly paid-up shares remains unreflected in books pending procedural compliances
Ikoma Technologies reported standalone revenue from operations of ₹13.53 lakh for Q1 FY27, representing a 91.9% YoY drop from ₹166.40 lakh in Q1 FY26. Net profit after tax came in at ₹3.47 lakh, down 96.6% YoY from ₹101.62 lakh, though recovering from a loss of ₹7.56 lakh in Q4 FY26. Statutory auditors noted that sundry balances remain subject to confirmation. The board also approved the re-appointment of multiple directors, an increase in MD remuneration, and scheduled the 32nd AGM for September 30, 2026.
- Revenue from operations fell 91.9% YoY to ₹13.53 lakh in Q1 FY27 compared to ₹166.40 lakh in Q1 FY26.
- Net profit after tax stood at ₹3.47 lakh versus ₹101.62 lakh in Q1 FY26 and a net loss of ₹7.56 lakh in Q4 FY26.
- Basic EPS for the quarter dropped to ₹0.01 compared to ₹0.44 in the year-ago quarter.
- Auditors issued a qualification stating sundry balances are subject to confirmation as they were not reviewed.
- 32nd AGM scheduled for September 30, 2026; proposed re-appointment of five independent directors and MD remuneration hike.
Ikoma Technologies has postponed its board meeting, originally scheduled for August 13, 2026, to August 14, 2026. The one-day delay is attributed to a medical emergency involving the Managing Director. The board will meet to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. This follows a period where the company reported near-zero revenue in the previous three quarters (Sep 2025 - Mar 2026).
- Board meeting rescheduled from August 13, 2026, to August 14, 2026
- Agenda focuses on Unaudited Financial Results for the quarter ended June 30, 2026
- Trading window for insiders has been closed since July 1, 2026
- Company reported a TTM revenue of only Rs 2 Cr against a market cap of Rs 151 Cr
- Managing Director Rahul Anandrao Bhargav cited a medical emergency for the postponement
Ikoma Technologies (formerly Vuenow Infratech) has scheduled a board meeting for August 13, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is currently trading at an extremely high P/E of 730.9 despite TTM revenue falling to just Rs 2 Cr. The last three reported quarters (Sep 2025 to Mar 2026) showed near-zero revenue, making this upcoming result critical for assessing business viability. The trading window for insiders has been closed since July 1, 2026.
- Board meeting scheduled for August 13, 2026, to consider Q1 FY27 results.
- Trading window for insiders closed from July 1, 2026, until 48 hours post-announcement.
- Company reported a sharp revenue decline from Rs 19.83 Cr in FY25 to Rs 1.66 Cr in FY26.
- Current market capitalization stands at Rs 146 Cr against TTM PAT of approximately Rs 0 Cr.
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