Sodhani Academy of Fintech Enablers Ltd (544257)
📢 Recent Corporate Announcements
Sodhani Academy of Fintech Enablers Limited announced that shareholders at the 17th AGM approved the re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a 3-year term up to the FY2029 AGM. Additionally, M/s. Rajvanshi & Associates was appointed as the Statutory Auditor to fill a casual vacancy resulting from the resignation of M/s J C KABRA & ASSOCIATES until the next AGM. Mr. Sodhani brings 32 years of financial sector experience to lead the company's Rs 7 Cr TTM revenue operations.
- Re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a period of 3 years up to the AGM in FY 2029.
- Appointment of M/s. Rajvanshi & Associates, Chartered Accountants, to fill the casual vacancy from the resignation of M/s J C KABRA & ASSOCIATES.
- Mr. Sodhani possesses 32 years of experience in mutual funds, retirement planning, and financial services, and is a SEBI-registered Research Analyst.
- The resolutions were approved by members at the company's 17th Annual General Meeting.
Sodhani Academy of Fintech Enablers Limited announced that shareholders at its 17th Annual General Meeting approved the appointment of M/s. Rajvanshi & Associates, Chartered Accountants, as Statutory Auditor to fill the casual vacancy caused by the resignation of M/s J C KABRA & ASSOCIATES. Additionally, members approved the re-appointment of promoter Mr. Rajesh Kumar Sodhani as Managing Director for a 3-year term extending through the AGM in FY 2029. The changes maintain executive leadership continuity while transitioning audit responsibilities.
- Appointed M/s. Rajvanshi & Associates (FRN: 005069C) as Statutory Auditor until the next AGM following the resignation of M/s J C KABRA & ASSOCIATES (FRN: 115749W)
- Re-appointed Mr. Rajesh Kumar Sodhani as Managing Director for a 3-year term ending at the FY 2029 AGM
- Both resolutions approved by shareholders at the 17th Annual General Meeting on August 24, 2026
Sodhani Academy of Fintech Enablers (SAFE) has released its FY25-26 Annual Report, proposing a final dividend of ₹0.75 per share (7.5% of face value). The company reported a steady FY26 with revenue of ₹3.65 Cr and a net profit of ₹3.47 Cr, maintaining high operating margins of 55%. A significant administrative update is the appointment of M/s Rajvanshi & Associates as statutory auditors to fill a casual vacancy following the resignation of the previous firm. The Annual General Meeting (AGM) is scheduled for August 24, 2026, to ratify these items.
- Proposed final dividend of ₹0.75 per equity share (7.5% of face value) for FY 2025-26
- Reported FY26 annual revenue of ₹3.65 Cr and net profit of ₹3.47 Cr
- Significant asset additions in FY26 including ₹32.31 Lakhs in computers and ₹35.67 Lakhs in furniture and fittings
- Appointment of M/s Rajvanshi & Associates as new statutory auditors following the resignation of M/s J C Kabra & Associates
- 17th Annual General Meeting scheduled for August 24, 2026, at the Jaipur registered office
Sodhani Academy of Fintech Enablers Ltd has approved the re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a three-year term, effective upon shareholder approval at the upcoming AGM on August 24, 2026. The company also announced the resignation of its statutory auditor, M/s. J C Kabra & Associates, replacing them with M/s Rajvanshi & Associates to fill the casual vacancy. Additionally, August 18, 2026, has been fixed as the record date for the final dividend for FY26. These changes occur against a backdrop of small-scale operations, with FY26 revenue at ₹3.65 Cr.
- Re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a period of 3 years.
- Appointment of M/s Rajvanshi & Associates as Statutory Auditors following the resignation of the previous firm.
- Record date for final dividend entitlement fixed for August 18, 2026.
- 17th Annual General Meeting (AGM) scheduled for August 24, 2026, at 04:00 PM.
- MD Rajesh Kumar Sodhani has 32 years of experience in the finance and mutual fund domain.
Sodhani Academy of Fintech Enablers has fixed August 18, 2026, as the record date for its final dividend for FY 2025-26. The company also announced the re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a three-year term, subject to shareholder approval at the upcoming AGM on August 24, 2026. Notably, the statutory auditor J C Kabra & Associates has resigned, with Rajvanshi & Associates appointed to fill the casual vacancy. These administrative changes follow a fiscal year where the company maintained high operating margins of 55%.
- Record date for final dividend entitlement fixed for August 18, 2026
- 17th Annual General Meeting (AGM) scheduled for August 24, 2026
- Managing Director Rajesh Kumar Sodhani re-appointed for a 3-year term
- Statutory Auditor J C Kabra & Associates resigned; Rajvanshi & Associates appointed as replacement
- FY26 annual revenue reported at Rs 3.65 Cr with a net profit of Rs 3.47 Cr
Sodhani Academy of Fintech Enablers Ltd has appointed M/s Rajvanshi & Associates as Statutory Auditors to fill a casual vacancy following the resignation of M/s J C Kabra & Associates. The Board also re-appointed Mr. Rajesh Kumar Sodhani as Managing Director for a three-year term, subject to shareholder approval. Investors should note August 18, 2026, as the record date for the final dividend for FY26. The company, which recently raised ₹6.12 Cr via IPO, maintains a high operating margin of 55.1% on a TTM revenue of ₹7 Cr.
- 17th Annual General Meeting (AGM) scheduled for August 24, 2026, at 04:00 PM.
- Record date for final dividend entitlement fixed as August 18, 2026.
- Re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a period of 3 years.
- Appointment of M/s Rajvanshi & Associates as Statutory Auditors to fill the casual vacancy.
- TTM Revenue stands at ₹7 Cr with a significant 55.1% operating profit margin.
Sodhani Academy of Fintech Enablers has scheduled its 17th Annual General Meeting for August 24, 2026. The board fixed August 18, 2026, as the record date for the final dividend for FY26. Key leadership continuity is maintained with the re-appointment of Mr. Rajesh Kumar Sodhani as Managing Director for a 3-year term. Additionally, the company has appointed M/s Rajvanshi & Associates as the new Statutory Auditor following the resignation of the previous firm.
- Record date for final dividend entitlement fixed for August 18, 2026
- 17th Annual General Meeting (AGM) scheduled for August 24, 2026
- Mr. Rajesh Kumar Sodhani re-appointed as Managing Director for a 3-year term
- M/s Rajvanshi & Associates appointed as Statutory Auditors to fill a casual vacancy
- Board meeting concluded within 70 minutes (11:50 AM to 1:00 PM)
Sodhani Academy of Fintech Enablers Ltd announced the resignation of its Statutory Auditor, M/s. J C Kabra & Associates, effective July 28, 2026. The auditor resigned mid-term, having been appointed on August 9, 2023, for a five-year tenure. The firm cited 'pre-occupation with other professional commitments' as the reason and confirmed no other material factors were involved. This change is notable for a small-cap company with TTM revenue of Rs 7 Cr and high related-party revenue concentration.
- Resignation of Statutory Auditor effective from July 28, 2026
- Original appointment was for 5 years from the 13th AGM to the 18th AGM
- Last audit report submitted on May 13, 2025, for the period ending March 31, 2026 (as per filing)
- Related party training fees amounted to Rs 19.27 Lakhs in FY 2024-25
- Company recently raised Rs 6.12 Cr through an IPO for scaling operations
Financial Performance
Revenue Growth by Segment
Not disclosed in percentage terms; however, training fees from related parties (MD and relatives) totaled INR 19.27 Lakhs, representing a significant portion of internal revenue generation.
Geographic Revenue Split
100% of operations are domestic, specifically concentrated in Jaipur, Rajasthan, which limits revenue to regional economic cycles.
Operational Drivers
Raw Materials
Not applicable for a service-based fintech academy; however, the company relies on its 19 permanent employees as its primary resource for delivering training services.
Capacity Expansion
Current capacity is 19 permanent employees; planned expansion details were not disclosed, which may limit the company's ability to scale rapidly to meet nationwide demand.
Raw Material Costs
Personnel costs are the primary expense; median employee remuneration increased by 64.35% to INR 1,77,500, reflecting the rising cost of acquiring and retaining skilled fintech trainers.
Strategic Growth
Growth Strategy
The company plans to achieve growth by utilizing the INR 6.12 Cr IPO proceeds to scale its financial literacy and digital skilling programs, focusing on innovation and strategic partnerships to expand its market reach beyond Jaipur.
Products & Services
Financial literacy training, digital skilling courses, and fintech consultancy services sold to retail and corporate clients.
Brand Portfolio
SAFE (Sodhani Academy of Fintech Enablers).
Market Expansion
Targeting nationwide advancement in financial literacy and digital capabilities from its Jaipur base, aiming to leverage its new public listing for brand visibility.
External Factors
Industry Trends
The industry is shifting toward digital-first delivery; SAFE is positioning itself by utilizing its INR 6.12 Cr IPO capital to enhance its digital infrastructure and compete with larger edtech players in the growing financial literacy market.
Competitive Landscape
Intense competition in the digital skilling sector from both local and national edtech firms, requiring constant innovation to maintain market share.
Competitive Moat
The company's moat is its localized brand in Jaipur and MD expertise; however, the lack of an internal auditor and audit log (Rule 3(1)) may weaken governance and investor trust, making the moat less sustainable against institutional competitors.
Macro Economic Sensitivity
Sensitive to Indian retail investor sentiment; a downturn in the stock market could reduce demand for financial literacy courses by an estimated 15-20% as discretionary spending on education decreases.
Consumer Behavior
Increasing demand for certified fintech training among young professionals seeking to enhance their digital capabilities in a changing financial landscape.
Geopolitical Risks
Low, as operations are domestic; however, global fintech trends could influence local curriculum requirements.
Regulatory & Governance
Industry Regulations
Subject to Companies Act 2013; currently non-compliant with Section 138 (Internal Auditor) and Rule 3(1) (Audit Log), which could lead to regulatory penalties and operational disruptions.
Legal Contingencies
No significant fraud or pending litigation reported; no notices from statutory authorities for corrective measures were received during the audit period.
Risk Analysis
Key Uncertainties
Internal control deficiencies, specifically the lack of an internal auditor and audit trail, pose a risk to financial reporting accuracy and could lead to a 100% loss of regulatory standing if not rectified.
Geographic Concentration Risk
100% of operations in Jaipur, Rajasthan, making the company vulnerable to regional economic shifts.
Third Party Dependencies
High reliance on the Sodhani family for management and revenue, with INR 19.27 Lakhs in training fees coming from the MD and relatives, which could pose a risk if family dynamics change.
Technology Obsolescence Risk
Accounting software lacks the required audit trail features as per Rule 3(1) of the Companies (Accounts) Rules, necessitating an immediate technological upgrade to avoid non-compliance.
