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Workmates Core2Cloud Solution Ltd (544610)

📊 BSE: 544610 🏢 Computers - Software & Consulting 📢 Latest filing: 27 Aug 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (H2 FY26)

In its latest reported quarter, H2 FY26, Workmates Core2Cloud's revenue was ₹69.0 Cr (+21.1% year on year, -8.0% on the previous half-year), and net profit ₹7.0 Cr (+0.0% year on year); the operating margin was 13.0%.

H2 FY26 (₹ Cr)	Value	YoY vs H2 FY25	vs prev. half
Revenue	₹69.0	+21.1%	-8.0%
Operating profit	₹9.0	+0.0%	-30.8%
Net profit	₹7.0	+0.0%	-22.2%
EPS (₹)	5.46	-99.9%	-41.4%
Operating margin	13.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Workmates Core2Cloud Sets Sept 18 Record Date for 8th AGM on Sept 25, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Aug 2026, 02:16 PM

Workmates Core2Cloud Solution Ltd has scheduled its 8th Annual General Meeting (AGM) for Friday, September 25, 2026, at 12:30 PM IST via Video Conferencing. The company has fixed Friday, September 18, 2026, as the Record Date to establish shareholder eligibility. The Register of Members and Share Transfer Books will remain closed from September 18, 2026, to September 25, 2026. This announcement is a routine statutory intimation with no operational or financial impact.

8th Annual General Meeting scheduled for September 25, 2026, at 12:30 PM IST
Record Date determined as Friday, September 18, 2026
Book closure from September 18, 2026 to September 25, 2026 (both days inclusive)
Applicable to fully paid-up equity shares of face value INR 10 each

💡 Track the dispatch of the full Annual Report and AGM notice for key agenda items and forward-looking management commentary.

Workmates Core2Cloud to Attend Alpha Ideas SME Stars 2026 on Sep 6, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Aug 2026, 07:16 PM

Workmates Core2Cloud Solution Ltd has announced that its management will participate in the Alpha Ideas SME Stars 2026 conference on Sunday, September 6, 2026, starting at 9:00 AM IST. The event involves one-to-one in-person meetings in Mumbai. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be discussed during the interaction.

Participation scheduled for Sunday, September 6, 2026, from 9:00 AM onwards
Format is physical one-to-one investor meetings at Dadar East, Mumbai
Company confirmed that no unpublished price sensitive information (UPSI) will be shared

💡 Track if the company releases any investor presentation or transcript following the event, alongside upcoming half-yearly or quarterly financial disclosures.

Workmates Core2Cloud Approves Executive Pay Revision & Sets 8th AGM for Sept 25, 2026

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 20 Aug 2026, 05:44 PM

The Board of Directors of Workmates Core2Cloud Solution Ltd approved revisions in the remuneration of Managing Director Basanta Kumar Rana and Whole Time Director & CFO Debasish Sarkar on August 20, 2026. The 8th Annual General Meeting is scheduled for September 25, 2026, via Video Conferencing. Prateek Kohli & Associates was appointed as the scrutinizer for the AGM e-voting process. Exact quantum of the pay revisions was not disclosed in the outcome.

Approved remuneration revision for MD Basanta Kumar Rana and WTD & CFO Debasish Sarkar
Scheduled 8th Annual General Meeting for Friday, September 25, 2026, via VC/OAVM
Appointed Practicing Company Secretary Prateek Kohli (FCS F11511) as e-voting scrutinizer
Board meeting conducted in 15 minutes between 5:00 PM and 5:15 PM on August 20, 2026

💡 Track the detailed AGM notice once published for the exact figures and percentage increases in executive remuneration before voting.

Workmates Core2Cloud to Incorporate 100% Subsidiary in Delaware, USA for Global Expansion

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 17 Jul 2026, 05:30 PM

Workmates Core2Cloud Solution Ltd has approved the incorporation of a 100% wholly-owned subsidiary, Workmates US Inc., in Delaware, USA. The new entity will focus on high-growth sectors including cloud migration, cybersecurity, and AI solutions to drive overseas business growth. The investment will be made via cash consideration for 100% share capital at face value. This move marks a strategic entry into the North American market to expand its managed services and cloud operations.

100% ownership of the new US-based subsidiary, Workmates US Inc.
Incorporation approved in Delaware, USA, specifically for overseas business expansion.
Focus on high-growth areas including AI solutions, cybersecurity, and cloud modernization.
Initial investment to be made in cash at face value for 100% share capital.
Board also approved the Annual Report for the Financial Year 2025-26.

💡 Monitor the timeline for the commencement of operations in the US and the subsequent impact on consolidated revenue and margins in future quarterly results.

Workmates Core2Cloud to Incorporate 100% Wholly Owned Subsidiary in Delaware, USA

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 17 Jul 2026, 05:20 PM

Workmates Core2Cloud Solution Ltd has approved the incorporation of a 100% wholly owned subsidiary in Delaware, USA, to be named Workmates US Inc. This move is aimed at driving overseas growth in specialized sectors including cloud migration, cybersecurity, and artificial intelligence. The investment will be made via cash subscription to the share capital at face value. The board also approved the annual report for the financial year 2025-26 during the meeting held on July 17, 2026.