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Hiliks Technologies Ltd (539697)

📊 BSE: 539697 🏢 Investment Company 📢 Latest filing: 12 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Hiliks Technologies' revenue was ₹11.4 Cr (+536.3% year on year, -28.5% on the previous quarter), and net profit ₹1.0 Cr (+621.4% year on year); the operating margin was 9.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹11.4	+536.3%	-28.5%
Operating profit	₹1.1	+143.2%	-4.5%
Net profit	₹1.0	+621.4%	+48.5%
EPS (₹)	0.94	+526.7%	+49.2%
Operating margin	9.4%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Open Offer for 26% Stake in Hiliks Technologies at Rs 72 Per Share

🟢 POSITIVE ⭐ 9/10

M&A 📅 12 Oct 2026, 12:27 PM

Enact Technologies along with Persons Acting in Concert (PACs) have issued a Detailed Public Statement to acquire up to 36,92,000 equity shares, representing 26.00% of the expanded voting share capital of Hiliks Technologies. The open offer is priced at Rs 72 per share, representing an 18% premium over the current market price of Rs 61. The offer is triggered under SEBI SAST Regulations following a Share Purchase Agreement dated October 5, 2026, and warrant allotments, resulting in the acquirers acquiring management control.

Open offer to acquire up to 36,92,000 equity shares (26.00% of expanded share capital)
Offer price set at Rs 72 per share, compared to last close of Rs 61.0
Acquirers and PACs currently hold 17.88% of paid-up capital, expanding to 25.59% post-SPA and warrant conversion
Total expanded equity and voting share capital stands at 1,42,00,000 shares of Rs 10 each

💡 Track the upcoming schedule of activities in the draft/final Letter of Offer, including the identified date, tendering window dates, and SEBI approval timeline.

Promoter to Sell 3.52% Stake at ₹72/Share Triggering Open Offer & Management Change

🟢 POSITIVE ⭐ 9/10

M&A 📅 06 Oct 2026, 04:22 PM

Extros Developers Private Limited, the existing promoter of Hiliks Technologies, has executed a Share Purchase Agreement dated October 5, 2026, to sell 5,00,000 equity shares (3.52% of expanded equity) for ₹3.60 crore. The deal price is ₹72 per share, representing an 18% premium over the last close of ₹61. The buyers—Enact Technologies Private Limited, Penumatsa Venkata Raju, and Venkata Lakshmi Narasimha Swamy Boyapati—will take over control and management of the company. Following the transaction, the acquirers will trigger a mandatory Open Offer to public shareholders under SEBI Takeover Regulations.

Sale of 5,00,000 equity shares (3.52% expanded capital) at ₹72 per share, totalling ₹3.60 crore
Deal price of ₹72/share represents an 18.03% premium to the recent market price of ₹61.0
Complete transfer of control and management to the three acquirers
Triggers a mandatory SEBI Open Offer for public shareholders
Existing promoter Extros Developers to be reclassified to the public category

💡 Track the upcoming Detailed Public Statement (DPS) and draft letter of offer to observe the open offer size, offer price, and timeline, along with the strategic roadmap introduced by the new management.

Open Offer triggered at ₹72/share for 26% stake (₹26.58 Cr) in Hiliks Technologies

🟢 POSITIVE ⭐ 9/10

M&A 📅 06 Oct 2026, 04:08 PM

Enact Technologies along with Mr. Penumatsa Venkata Raju and Mr. Boyapati Venkata Lakshmi Narasimha Swamy have announced an Open Offer to acquire up to 36,92,000 equity shares (26% of expanded voting capital) of Hiliks Technologies at ₹72 per share. The offer size is ₹26.58 crore, representing an 18% premium over the last traded price of ₹61.0. This follows an agreement to buy 5,00,000 shares (3.52%) from Extros Developers for ₹3.60 crore, alongside previous warrant allotments, resulting in a management change and control shift. The acquirers and PACs would hold 25.59% prior to the open offer.

Open offer price set at ₹72 per share, an 18% premium over the current market price of ₹61.0
Offer to acquire up to 36,92,000 shares representing 26.00% of expanded share capital for total consideration of ₹26.58 crore
Triggered by SPA to buy 5,00,000 shares (3.52%) from Extros Developers Private Limited for ₹3.60 crore
Acquirers and PACs to hold 25.59% voting capital post-SPA and assume management control of the target company

💡 Track the publication of the Detailed Public Statement (scheduled on or before October 12, 2026) and the draft letter of offer for final schedule of open offer tendering dates.

Open Offer for 26% Stake at Rs 72/Share Triggers Change in Control for Hiliks Technologies

🟢 POSITIVE ⭐ 9/10

M&A 📅 05 Oct 2026, 07:45 PM

Enact Technologies Pvt Ltd along with two individuals and three PACs have announced an open offer to acquire up to 36,92,000 equity shares (26.00% of expanded share capital) of Hiliks Technologies at Rs 72 per share, totaling Rs 26.58 Cr. The offer is triggered by a Share Purchase Agreement to acquire 5,00,000 shares (3.52%) from promoter Extros Developers Pvt Ltd for Rs 3.60 Cr, accompanied by a transfer of control. The open offer price of Rs 72 represents an 18% premium over the current market price of Rs 61. Post-SPA and warrant conversion, the acquirers' holding would reach 25.59% prior to the open offer.

Open offer price set at Rs 72 per share, an 18% premium to current market price of Rs 61.0
Open offer for up to 36,92,000 equity shares (26.00% of expanded voting capital) valued at Rs 26.58 Cr
Underlying SPA to acquire 5,00,000 shares (3.52%) for Rs 3.60 Cr, triggering management change of control
Detailed Public Statement (DPS) scheduled to be published on or before October 12, 2026

💡 Track the publication of the Detailed Public Statement by October 12, 2026, and subsequent Letter of Offer for the schedule of tendering and SEBI approval timelines.

Aegis Investment Fund acquires 12.09% stake in Hiliks Technologies via preferential allotment

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 24 Sep 2026, 09:38 AM

Aegis Investment Fund, PCC has acquired 13,00,000 equity shares in Hiliks Technologies Limited via preferential allotment, representing 12.09% of post-issue share capital and 9.15% on a fully diluted basis. Prior to this allotment, the fund held no shares in the company. The allotment expanded the company's equity capital base from 1,07,50,000 shares (Rs 10.75 cr) to 1,30,50,000 shares (Rs 13.05 cr). Total diluted share capital stands at 1,42,00,000 shares factoring in 11,50,000 outstanding warrants.

Aegis Investment Fund acquires 13,00,000 equity shares via preferential allotment
Acquisition represents 12.09% of voting capital and 9.15% on a fully diluted basis
Holding prior to the acquisition was Nil
Post-allotment paid-up equity expands to Rs 13.05 cr (1,30,50,000 shares)
Total diluted share capital stands at Rs 14.20 cr (1,42,00,000 shares) including 11,50,000 warrants

💡 Track the utilization of preferential issue proceeds and potential further dilution upon conversion of the 11,50,000 outstanding warrants.

Hiliks Technologies Dispatches 41st AGM Notice & FY26 Annual Report Access Details

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Aug 2026, 05:07 PM

Hiliks Technologies has issued an intimation under Regulation 36(1)(b) of SEBI LODR regarding the dispatch of letters to shareholders without registered emails, providing access to the FY26 Annual Report and 41st AGM Notice. The 41st Annual General Meeting is scheduled for Friday, September 25, 2026, at 01:00 p.m. IST via Video Conferencing. The cut-off date to determine e-voting eligibility is Friday, September 18, 2026. Remote e-voting will commence on September 22, 2026, and conclude on September 24, 2026.

41st Annual General Meeting scheduled for Friday, September 25, 2026, at 01:00 p.m. IST via VC/OAVM
Cut-off date for e-voting entitlement set to Friday, September 18, 2026
Remote e-voting window open from Tuesday, September 22, 2026, to Thursday, September 24, 2026
Letter dispatched to members without registered emails as of August 28, 2026

💡 Shareholders looking to participate in voting should ensure their depository records are updated and note the e-voting window from September 22 to September 24, 2026.

Hiliks Technologies Releases FY26 Annual Report; Highlights ~₹70 Cr Pending Order Book

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:56 PM

Hiliks Technologies published its Annual Report for FY 2025-26 and issued notice for its 41st Annual General Meeting scheduled for September 25, 2026. For FY26, standalone revenue rose 324% YoY to ₹29.59 crore with profit after tax reaching ₹0.84 crore. In the Chairman's address, the company disclosed a cumulative pending order book of approximately ₹70 crore (representing ~179% of TTM revenue), including a ₹37.75 crore signalling and telecommunication project win.

Standalone FY26 revenue grew 324.08% YoY to ₹29.59 crore from ₹6.98 crore in FY25
Standalone PAT increased 81.03% YoY to ₹0.84 crore, and the company remains debt-free with net worth at ₹26.65 crore
Cumulative pending order book stood at approximately ₹70 crore, including a ₹37.75 crore railway signalling and telecom contract
41st Annual General Meeting scheduled for September 25, 2026, via video conferencing

💡 Track shareholder approvals at the AGM on September 25, 2026, and monitor quarterly revenue recognition against the ₹70 crore order book in upcoming financial results.

Hiliks Technologies Schedules 41st AGM on Sept 25, 2026; Book Closure from Sept 19

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Aug 2026, 04:49 PM

Hiliks Technologies Limited has announced the schedule for its 41st Annual General Meeting (AGM), to be held on September 25, 2026, at 01:00 PM IST via Video Conferencing. The company has fixed the cut-off date for e-voting as September 18, 2026. The Register of Members and Share Transfer Books will remain closed from September 19, 2026, to September 25, 2026 (both days inclusive). E-voting will take place between September 22 and September 24, 2026.

41st AGM scheduled for 25th September, 2026 at 01:00 PM via Video Conferencing
Cut-off date for e-voting fixed as 18th September, 2026
Remote e-voting window open from 22nd September, 2026 (09:00 AM) to 24th September, 2026 (05:00 PM)
Book closure period set from 19th September, 2026 to 25th September, 2026 (both days inclusive)

💡 Shareholders holding shares as of September 18, 2026, are eligible to vote electronically on the AGM resolutions. Watch for the AGM notice detailing key agenda items and annual disclosures.

Hiliks Technologies Schedules 41st AGM on September 25, 2026; Key Resolutions Proposed

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:42 PM

Hiliks Technologies Limited has issued the notice for its 41st Annual General Meeting scheduled for September 25, 2026, to be held via Video Conferencing. Key agenda items include the adoption of FY26 audited financial statements, the re-appointment of Whole-Time Director Sandeep Copparapu for a three-year term starting August 21, 2027, and the appointment of M/s Jain Alok & Associates as Secretarial Auditor for 5 years at an annual remuneration of Rs 75,000. The filing represents standard annual statutory corporate compliance.

41st AGM scheduled to be held on Friday, September 25, 2026 at 01:00 p.m. via VC/OAVM
Proposed re-appointment of Mr. Sandeep Copparapu as Whole-Time Director for 3 years (August 21, 2027 to August 20, 2030)
Proposed appointment of M/s Jain Alok & Associates as Secretarial Auditor for 5 years (FY27 to FY31) at Rs 75,000 per annum
Remote e-voting facility provided to members through Central Depository Services (India) Limited (CDSL)

💡 Shareholders can review the voting deadlines and AGM agenda items before casting their votes electronically through CDSL.

Hiliks Technologies: Resignation of Independent Director and Re-appointment of Whole-Time Director

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 22 Aug 2026, 05:38 PM

Hiliks Technologies announced board changes following its meeting on August 21, 2026. Mr. Nagavenkata Padma Bhaskar Vedanabhatla resigned as Independent Director effective August 21, 2026, also stepping down from the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. Additionally, the Board approved the re-appointment of Mr. Sandeep Copparapu as Whole-Time Director for a 3-year term starting August 21, 2027, subject to shareholder approval.

Resignation of Independent Director Mr. Nagavenkata Padma Bhaskar Vedanabhatla effective close of business August 21, 2026
Resigning director vacates chairmanship of Nomination & Remuneration Committee and Stakeholders Relationship Committee
Approval for re-appointment of Whole-Time Director Mr. Sandeep Copparapu for a 3-year term starting August 21, 2027
Confirmation provided that there are no other material reasons for the director's resignation

💡 Track the appointment of a new Independent Director to restore committee composition and monitor upcoming shareholder voting on the director re-appointment.

Hiliks Tech: Independent Director Resigns; Whole-Time Director Re-Appointed for 3 Years

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 21 Aug 2026, 04:27 PM

Hiliks Technologies announced the resignation of Independent Director Mr. Nagavenkata Padma Bhaskar Vedanabhatla, effective August 21, 2026. Following his departure, he ceases to serve on the Audit Committee and as Chairman of both the Nomination & Remuneration and Stakeholders Relationship Committees. In addition, the Board approved the re-appointment of Mr. Sandeep Copparapu as Whole-Time Director for a 3-year term spanning August 21, 2027 to August 20, 2030, subject to shareholder approval.

Independent Director Mr. Nagavenkata Padma Bhaskar Vedanabhatla resigned effective close of business on August 21, 2026
Resigning director steps down as Chairman of Nomination & Remuneration Committee and Stakeholders Relationship Committee
Board approved 3-year re-appointment of Mr. Sandeep Copparapu as Whole-Time Director from August 21, 2027 to August 20, 2030
Confirmation provided stating no material reasons for resignation other than those stated

💡 Track subsequent filings regarding the appointment of a new Independent Director to ensure regulatory board and committee composition compliance.

Hiliks Technologies Re-Appoints WTD Sandeep Copparapu for 3 Years; Independent Director Resigns

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 21 Aug 2026, 04:24 PM

Hiliks Technologies announced board changes approved on August 21, 2026. The board approved the re-appointment of Mr. Sandeep Copparapu as Whole-Time Director for a 3-year term from August 21, 2027 to August 20, 2030, subject to shareholder approval. Concurrently, Independent Director Mr. Nagavenkata Padma Bhaskar Vedanabhatla resigned effective August 21, 2026, stepping down from the Audit Committee, NRC, and SRC. The company reported a net profit of Rs 1.01 crore on revenue of Rs 11.39 crore for the June 2026 quarter.

Re-appointment of Whole-Time Director Sandeep Copparapu for a 3-year term (effective August 21, 2027 to August 20, 2030)
Resignation of Independent Director Nagavenkata Padma Bhaskar Vedanabhatla effective closure of business hours on August 21, 2026
Vacation of committee roles: Outgoing director ceases to be Audit Committee member and Chairman of NRC & SRC
Promoter shareholding stood at 4.65% as of June 2026

💡 Track subsequent filings regarding the appointment of a replacement Independent Director to restore committee compositions per SEBI LODR norms.

Hiliks Technologies: Sandeep Copparapu Re-appointed WTD for 3 Yrs; Independent Director Resigns

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 21 Aug 2026, 04:21 PM

Hiliks Technologies announced board changes approved at its meeting on August 21, 2026. Mr. Sandeep Copparapu was approved for re-appointment as Whole-Time Director for a 3-year term from August 21, 2027, to August 20, 2030, subject to shareholder approval. Additionally, Mr. Nagavenkata Padma Bhaskar Vedanabhatla resigned from his position as Independent Director effective August 21, 2026, also stepping down as Chairman of the Nomination & Remuneration and Stakeholders Relationship Committees. He confirmed there were no other material reasons for his resignation.

Re-appointment of Sandeep Copparapu as Whole-Time Director for a 3-year term (August 21, 2027 to August 20, 2030)
Resignation of Independent Director Nagavenkata Padma Bhaskar Vedanabhatla effective August 21, 2026
Outgoing director vacates roles as Chairman of NRC and Stakeholders Relationship Committees
Confirmation provided that no other material reasons exist for the Independent Director's resignation

💡 Track subsequent filings for the appointment of a replacement Independent Director to ensure compliant board committee compositions and monitor upcoming shareholder voting on the director re-appointment.

Hiliks Tech Reappoints Whole-Time Director; Independent Director Resigns

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 21 Aug 2026, 04:18 PM

Hiliks Technologies announced board changes approved in its meeting held on August 21, 2026. The board approved the re-appointment of Mr. Sandeep Copparapu as Whole-Time Director effective August 21, 2027, subject to shareholder approval. Additionally, the company noted the resignation of Independent Director Mr. Nagavenkata Padma Bhaskar Vedanabhatla, effective August 21, 2026.

Board meeting held on August 21, 2026, commencing at 03:30 p.m. and concluding at 03:45 p.m.
Approved re-appointment of Mr. Sandeep Copparapu (DIN: 08306534) as Whole-Time Director w.e.f August 21, 2027.
Accepted resignation of Mr. Nagavenkata Padma Bhaskar Vedanabhatla (DIN: 08105714) as Independent Director effective August 21, 2026.

💡 Track subsequent filings for shareholder approval on the re-appointment and any new independent director appointments to meet board composition requirements.

Hiliks Technologies Q1 PAT Jumps to ₹1.01 Cr; Revenue Up 536% YoY to ₹11.39 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 12:58 PM

Hiliks Technologies reported a strong year-on-year performance for Q1 FY27, with standalone revenue reaching ₹11.39 Cr, a 536% increase from ₹1.79 Cr in Q1 FY26. Net profit for the quarter stood at ₹1.01 Cr, significantly higher than the ₹0.14 Cr reported in the year-ago period and already exceeding the total FY26 PAT of ₹0.84 Cr. While YoY growth is robust, revenue saw a sequential decline from the ₹15.94 Cr recorded in Q4 FY26. The company remains debt-free, but the extremely low promoter holding of 4.65% continues to be a significant structural risk.

Revenue from operations surged 536% YoY to ₹11.39 Cr from ₹1.79 Cr in June 2025.
Net profit reached ₹1.01 Cr for the quarter, surpassing the entire TTM PAT of ₹1 Cr.
Earnings Per Share (EPS) improved to ₹0.94 compared to ₹0.15 in the same quarter last year.
Total expenses stood at ₹10.38 Cr, largely driven by stock-in-trade purchases of ₹10.56 Cr.
Subsidiaries Hiliks Greens Pvt Ltd and Hiliks Technologies Inc reported zero revenue for the quarter.

💡 Investors should monitor if the company can sustain this higher revenue base in upcoming quarters and watch for any updates regarding the low promoter stake (4.65%).

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