Safa Systems & Technologies Ltd (543461)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Safa Systems' revenue was ₹252 Cr (+8.2% year on year, +39.2% on the previous half-year), and net profit ₹4.0 Cr (+100.0% year on year); the operating margin was 0.8%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹252 | +8.2% | +39.2% |
| Operating profit | ₹2.0 | +100.0% | +0.0% |
| Net profit | ₹4.0 | +100.0% | +300.0% |
| EPS (₹) | 1.50 | +134.4% | +275.0% |
| Operating margin | 0.8% | — | — |
📢 Recent Corporate Announcements
Safa Systems & Technologies has approved the preferential allotment of 23,90,000 equity shares at ₹20.47 per share (including a premium of ₹10.47) to promoters and promoter group entities, raising ₹4.89 crore. This fundraise represents roughly 8.4% of the company's current market cap of ₹58 crore. Following the allotment, total promoter shareholding increases from 44.35% (1,10,77,550 shares) to 49.21% (1,34,67,550 shares). The total paid-up equity share capital expands to ₹27.37 crore comprising 2,73,67,550 shares.
- Allotment of 23,90,000 equity shares of face value ₹10 each at an issue price of ₹20.47 per share.
- Aggregate capital raised stands at ₹4,89,23,300 (~₹4.89 crore).
- Promoter and promoter group stake rises from 44.35% to 49.21% post-issue.
- Paid-up equity share capital increases from ₹24,97,75,500 to ₹27,36,75,500 across 2,73,67,550 shares.
Safa Systems & Technologies has secured in-principle approval from BSE Limited for a preferential issue of up to 23,90,000 equity shares to promoters and promoter group members. The shares will be issued at ₹20.47 per share, raising an aggregate amount of up to ₹4.89 crore. Relative to the company's current market capitalisation of approximately ₹58 crore, the proposed issue represents around 8.4% of market cap. The capital infusion will moderately increase promoter stake from the current 44.35% and provide funds against its debt of ₹59 crore.
- In-principle approval received from BSE vide letter dated September 24, 2026
- Preferential issuance of up to 23,90,000 equity shares of face value ₹10 each
- Issue price fixed at ₹20.47 per share
- Total capital to be raised amounts to up to ₹4,89,23,300.00
- Allotment is exclusively to promoters and members of the promoter group
Safa Systems & Technologies Limited has submitted its Annual Report for FY 2025-26 and scheduled its 5th Annual General Meeting for September 11, 2026, via video conferencing. Consolidated FY26 net profit rose to ₹474.98 lakhs from ₹381.24 lakhs in FY25, lifting net profit margin to 1.10% from 0.73%. However, the consolidated debt-to-equity ratio rose to 1.40x from 1.04x due to increased short-term borrowings. E-voting will take place from September 8 to September 10, 2026, with the cut-off date fixed on September 4, 2026.
- 5th AGM scheduled for September 11, 2026, with cut-off date for e-voting on September 04, 2026
- Consolidated FY26 net profit reported at ₹474.98 lakhs vs ₹381.24 lakhs in FY25
- Debt-to-equity ratio increased 34.18% to 1.40x from 1.04x due to higher short-term debt
- Net profit margin expanded to 1.10% in FY26 compared to 0.73% in FY25
Safa Systems & Technologies Ltd has announced its 5th Annual General Meeting (AGM) scheduled for September 11, 2026, via video conferencing. The company's Register of Members and Share Transfer Books will be closed from September 5, 2026, to September 11, 2026. Shareholders holding shares as of the cut-off date of September 4, 2026, will be eligible for remote e-voting, which runs from September 8 to September 10, 2026.
- 5th AGM scheduled for Friday, September 11, 2026, at 3:30 PM IST via VC/OAVM
- Book closure period fixed from September 5, 2026, to September 11, 2026 (both days inclusive)
- Remote e-voting window open from September 8, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)
- Cut-off date for voting eligibility set as September 4, 2026
Safa Systems & Technologies Limited has issued the notice for its 5th Annual General Meeting (AGM) to be held on September 11, 2026, via video conferencing. The agenda includes the adoption of FY26 standalone and consolidated financial statements, alongside the re-appointment of two Independent Directors for a second 5-year term. For FY26, the company reported a consolidated net profit of ₹4.75 crore (₹474.98 lakhs) on net assets of ₹42.60 crore. The remote e-voting window is set from September 8 to September 10, 2026, with the cut-off date on September 4, 2026.
- 5th AGM scheduled for Friday, September 11, 2026 at 03:30 PM IST via VC/OAVM
- Remote e-voting window runs from September 8, 2026 (09:00 AM) to September 10, 2026 (05:00 PM) with cut-off date of September 4, 2026
- Consolidated FY26 net profit stood at ₹474.98 Lakhs compared to ₹381.24 Lakhs in FY25
- Consolidated debt-to-equity ratio rose to 1.40x in FY26 from 1.04x in FY25 due to higher short-term borrowings
- Re-appointment of Independent Directors Mr. Sankaranarayanan Nair Sreejith and Mr. Bengolan Anilkumar for 5-year terms
Safa Systems & Technologies has approved a preferential issue of up to 23.90 lakh shares at ₹20.47 per share to promoters, raising approximately ₹4.89 crore (~8.1% of current market cap). The board also approved an increase in borrowing powers under Section 180(1)(c) up to ₹500 crore and the shifting of its registered office from Kerala to Delhi. Additionally, the board approved re-appointments of two Independent Directors for a second 5-year term and sought shareholder approval for waivers regarding excess managerial remuneration.
- Preferential issue of up to 23,90,000 equity shares at ₹20.47 per share to raise up to ₹4,89,23,300
- Managing Director Faizal Bavaraparambil's holding to increase from 11.55% to 15.29%
- Approved borrowing limits under Section 180(1)(c) up to ₹500 crore
- Re-appointment of Independent Directors Sankaranarayanan Nair Sreejith and Bengolan Anilkumar for 5-year terms from Dec 6, 2026 to Dec 5, 2031
- 5th AGM scheduled for September 11, 2026 to seek shareholder approvals
Safa Systems & Technologies' Board approved a preferential equity issue of up to 23,90,000 shares at ₹20.47 each, raising up to ₹4.89 crore from promoters and promoter group entities (~8.2% of its ₹60 crore market cap). The Board also approved shifting the registered office from Kerala to New Delhi, subject to regulatory and shareholder approvals at the AGM scheduled for September 11, 2026. Additionally, the Board approved increasing borrowing limits under Section 180(1)(c) up to ₹500 crore and sought waivers for excess managerial remuneration paid to key directors between FY24 and FY26.
- Preferential allotment of up to 23.9 lakh shares at ₹20.47 per share to raise up to ₹4.89 crore from promoter entities
- Approval to shift registered office from Kerala to the National Capital Territory of Delhi
- Enhancement of borrowing powers under Section 180(1)(c) up to a ceiling of ₹500 crore
- Waiver sought for recovery of excess managerial remuneration paid to the Managing Director and Non-Executive Director for April 1, 2024 to March 31, 2026
- 5th Annual General Meeting scheduled for September 11, 2026
The Board of Safa Systems & Technologies approved a preferential issue of up to 23,90,000 equity shares to promoters and promoter group entities at ₹20.47 per share, raising up to ₹4.89 crore (~8.2% of market cap). Key promoter Faizal Bavaraparambil Abdul Khader's stake will increase from 11.55% to 15.29% post-allotment. The board also approved shifting the registered office from Kerala to Delhi and raising borrowing limits to ₹500 crore. Additionally, resolutions include waiver of recovery of excess managerial remuneration paid to directors, all subject to approval at the AGM on September 11, 2026.
- Preferential allotment of up to 23,90,000 equity shares at ₹20.47 per share raising up to ₹4,89,23,300.00
- Allotment to 8 promoter and promoter group entities; MD's holding to increase from 11.55% to 15.29%
- Approved borrowing power under Section 180(1)(c) up to Rs. 500 crores
- Approval of waiver for recovery of excess managerial remuneration paid to MD and Non-Executive Director for FY25-FY26
- Shifting registered office from Kerala to NCT of Delhi subject to approvals
Safa Systems & Technologies Ltd's Board has approved a preferential issue of up to 23,90,000 equity shares at ₹20.47 per share to promoters, raising approximately ₹4.89 crore (representing ~8.1% of its ₹60 crore market cap). The Board also approved increasing the company's borrowing limit under Section 180(1)(c) up to ₹500 crore, significantly higher than its current debt of ₹59 crore and net worth of ₹38 crore. Additionally, the Board proposed shifting the registered office from Kerala to Delhi and approved a waiver for the recovery of excess managerial remuneration paid to the MD and a Non-Executive Director for FY25 and FY26, subject to shareholder approval at the AGM on September 11, 2026.
- Approved preferential issue of up to 23,90,000 equity shares at ₹20.47 per share, raising up to ₹4,89,23,300 from promoters
- Managing Director Faizal Bavaraparambil's stake to increase from 11.55% to 15.29% post-allotment
- Approved borrowing limit increase under Section 180(1)(c) up to ₹500 crore
- Approved waiver of recovery of excess managerial remuneration paid to MD and a Non-Executive Director from April 1, 2024 to March 31, 2026
- Proposed shifting of registered office from Kerala to NCT of Delhi, subject to regulatory and shareholder approvals
Safa Systems & Technologies has scheduled a board meeting for August 19, 2026, to consider a proposal for raising funds through equity shares or other securities. The company may utilize modes such as Qualified Institutional Placement (QIP) or preferential allotment. This move is significant given the company's small market cap of ₹59 Cr and a relatively high Debt-to-Equity ratio of 1.55. The board will also finalize the date and notice for the upcoming Annual General Meeting (AGM).
- Board meeting scheduled for August 19, 2026, to approve fund raising plans.
- Fundraise modes under consideration include QIP, preferential allotment, or other permissible methods.
- Trading window for insiders is closed from August 07, 2026, until 48 hours after the meeting conclusion.
- Company currently operates with a high Debt-to-Equity ratio of 1.55 (Debt: ₹59 Cr, Net Worth: ₹38 Cr).
- Operating margins remain thin at 0.9% on a TTM revenue of ₹952 Cr.
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