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63MOONS - 63 Moons Tech.

📊 NSE: 63MOONS 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/13/2025 17:33

📢 Recent Corporate Announcements

63 Moons Receives BSE Warning Letter for Misleading Disclosure on MSE Trading Engine

🔴 NEGATIVE ⭐ 6/10

REGULATORY 📅 24 Feb 2026, 11:50 AM

63 Moons Technologies has received a formal warning letter from BSE regarding a disclosure made on January 27, 2026, concerning its technology services for the Metropolitan Stock Exchange (MSE). The exchange determined that the company's announcement was misleading and violated SEBI (LODR) Regulation 4(1)(c), as it misrepresented the nature of MSE's software upgrade. Although the company issued a clarification on February 3, 2026, BSE has viewed the lapse seriously and mandated that the warning be presented to the company's Board of Directors. The company maintains that it continues to provide technology services to MSE despite the regulatory friction.

BSE issued a formal warning letter on February 20, 2026, for non-compliance with SEBI (LODR) Regulation 4(1)(c).
The warning pertains to a January 27, 2026, disclosure claiming MSE was launching a new trading engine provided by 63 Moons.
BSE noted the disclosure was inconsistent with MSE's own circular dated January 21, 2026, which only mentioned a software version upgrade.
The company is required to place the warning letter before its Board of Directors and initiate corrective measures.
63 Moons confirmed that it continues to serve as a technology service provider to the Metropolitan Stock Exchange.

💡 Investors should monitor the company's governance and disclosure practices closely as this warning indicates a lapse in regulatory compliance. While the business relationship with MSE is intact, the incident suggests a need for caution regarding the accuracy of management's public announcements.

63 Moons Receives NSE Warning Letter for Misleading Disclosure on MSE Trading Engine

🔴 NEGATIVE ⭐ 6/10

REGULATORY 📅 23 Feb 2026, 05:39 PM

63 moons technologies limited has received a formal warning letter from the National Stock Exchange (NSE) regarding a disclosure made on January 27, 2026. The company had claimed that the Metropolitan Stock Exchange (MSE) was launching an upgraded trading engine provided by them, which NSE found to be a misrepresentation of facts. NSE cited a violation of Regulation 4(1)(c) of SEBI (LODR) Regulations, 2015, as the statement contradicted MSE's own circular regarding a software version upgrade. The company has been advised to exercise due diligence and place the warning letter before its Board of Directors.

NSE issued a formal warning letter on February 20, 2026, regarding misrepresentation in a January 27 disclosure.
The company claimed MSE launched a new trading engine similar to its MCX model, while MSE only reported a software version upgrade (25.0.5.0).
NSE found the company in violation of SEBI (LODR) Regulation 4(1)(c) concerning misleading information.
The company is required to implement corrective measures and present the warning to its Board of Directors.
Despite a clarification issued by the company on February 3, 2026, NSE viewed the initial lapse seriously.

💡 Investors should exercise caution as this regulatory warning points to potential lapses in corporate governance and disclosure accuracy. Monitor if the company improves its compliance framework to avoid future SEBI penalties.

63 Moons to Sell Residual Stake in NTT Data Payment Services for USD 18.43 Million

🔵 WATCH ⭐ 8/10

M&A 📅 13 Feb 2026, 09:35 PM

63 moons technologies has signed a Share Purchase Agreement to sell its remaining 21,00,86,610 equity shares in NTT Data Payment Services India Private Limited to NTT Data Group Corporation. The transaction is valued at USD 18,432,925 (approximately INR 153 crore). Notably, per the MPID Court's order, the net proceeds must be deposited with the Competent Authority NSEL MPID as security, meaning the cash will not be immediately available for the company's general corporate use. The associate company contributed a profit of Rs. 120.75 lakhs and a net worth of Rs. 4201.33 lakhs to 63 moons in FY 2024-25.

Sale of 21,00,86,610 equity shares representing the entire residual stake in the associate company.
Total aggregate consideration for the disposal is USD 18,432,925.
Net proceeds after taxes to be deposited in a designated bank account of the NSEL MPID Competent Authority.
The associate company's attributable net worth was Rs. 4201.33 lakhs as of FY 2024-25.
Expected completion date for the entire transaction is February 20, 2026.

💡 Investors should monitor the legal developments regarding the NSEL case, as the realization of this cash for shareholders is currently restricted by court-mandated security deposits. The sale successfully monetizes a non-core asset, but the liquidity remains locked under legal proceedings.

63 Moons Q3 Results: Consolidated Revenue Jumps 127% YoY; Net Loss Widens to ₹19.75 Cr

🔵 WATCH ⭐ 7/10

EARNINGS 📅 10 Feb 2026, 05:49 PM

63 moons technologies reported a significant 127% year-on-year increase in consolidated revenue from operations, reaching ₹26.64 crore for the quarter ended December 31, 2025. However, the consolidated net loss widened to ₹19.75 crore from ₹16.68 crore in the previous year's quarter, primarily due to higher operating expenses and segment-level losses. On a standalone basis, the company remained marginally profitable at ₹0.96 crore, despite an exceptional loss of ₹7.50 crore from subsidiary write-offs. The company continues to navigate legal recoveries for its ₹300 crore investment in Yes Bank AT-1 bonds and ₹200 crore in IL&FS NCDs.

Consolidated Revenue from Operations surged 127% YoY to ₹26.64 crore from ₹11.75 crore.
Consolidated Net Loss widened to ₹19.75 crore compared to a loss of ₹16.68 crore in Q3 FY25.
Software services and solutions segment revenue more than doubled to ₹25.29 crore from ₹11.51 crore YoY.
Standalone results included an exceptional item loss of ₹7.50 crore for investment write-offs in subsidiaries.
Total Standalone Reserves remain robust at ₹2,863.53 crore as of December 31, 2025.

💡 Investors should focus on the strong top-line growth in the software services segment as a sign of business pivot success, while remaining cautious of persistent consolidated losses. The stock's long-term value remains tied to the outcome of Supreme Court litigation regarding the ₹300 crore Yes Bank AT-1 bond write-down.

63 Moons Clarifies Price and Volume Spurt; No Undisclosed Information Pending

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Feb 2026, 10:17 AM

63 moons technologies limited has responded to a surveillance inquiry from the National Stock Exchange (NSE) regarding a significant increase in trading volume and price. The company officially stated that all necessary disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015, have been made within the stipulated time frames. Management clarified that there is no pending price-sensitive information or announcement that could impact the company's operations or performance. The recent movement in the scrip is attributed by the company to be purely market-driven.

NSE issued a surveillance letter (No. NSE/CM/Surveillance/16447) on February 9, 2026, seeking clarification on price movement.
Company submitted its formal response on February 10, 2026, denying any undisclosed material events.
Management confirmed that no information is pending that may have a bearing on the company's performance.
The company maintains that the current increase in price is purely market-driven and not due to internal developments.

💡 Investors should remain cautious as the company has confirmed no fundamental news is driving the recent volume spurt. It is advisable to avoid speculative trading based on rumors and focus on actual financial performance.

63 Moons Deploys Technology Upgrade for Metropolitan Stock Exchange (MSE)

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 03 Feb 2026, 11:24 AM

63 moons technologies limited has clarified that the Metropolitan Stock Exchange of India (MSE) successfully implemented a major system and market infrastructure upgrade using its technology, effective January 27, 2026. This deployment follows a technology services model similar to the one the company has provided to MCX since 2003. The clarification was issued following a query from the National Stock Exchange (NSE) regarding the company's previous announcement. This development reinforces 63 moons' position as a critical technology provider for financial market infrastructure.

MSE implemented a full system and infrastructure upgrade using 63 moons technology on January 27, 2026.
The service model is based on the long-standing technology partnership model used with MCX since 2003.
The announcement provides official clarification to the National Stock Exchange (NSE) regarding recent business updates.
The move demonstrates the continued relevance of 63 moons' exchange technology stack in the Indian market.

💡 Investors should view this as a positive validation of the company's core technology business, though they should monitor the specific financial terms and revenue impact of the MSE contract.

63 moons Launches Upgraded Trading Engine for MSE Equity Cash Segment

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 27 Jan 2026, 11:45 AM

63 moons technologies limited has announced that the Metropolitan Stock Exchange of India Limited (MSE) is launching its Equity Cash Segment using an upgraded trading engine provided by the company. This deployment, effective from January 27, 2026, follows a technology services model similar to the one 63 moons has provided to MCX since 2003. The move marks a significant milestone in the company's exchange technology business and reinforces its position as a key infrastructure provider. This partnership highlights the company's ability to maintain and upgrade critical financial market systems.

MSE launches Equity Cash Segment trading with 63 moons' upgraded engine on Jan 27, 2026
The technology services model is based on the successful framework provided to MCX since 2003
Deployment validates the company's core technology stack and exchange solutions capabilities
Strengthens 63 moons' footprint in the Indian financial markets infrastructure space

💡 Investors should monitor the revenue contribution from this MSE partnership and look for further client acquisitions in the exchange technology space. The stock may see positive sentiment as this validates their technical expertise following past regulatory challenges.

63 Moons Technologies to Close Trading Window from January 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 22 Dec 2025, 05:12 PM

63 moons technologies limited has announced the closure of its trading window for designated persons starting January 1, 2026. This move is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of Q3 financial results. The window will remain closed until 48 hours after the unaudited financial results for the quarter ended December 31, 2025, are approved and filed. The specific date for the board meeting to approve these results will be communicated at a later date.

Trading window closure effective from January 1, 2026.
Closure is related to the upcoming unaudited financial results for the quarter ending December 31, 2025.
Restriction applies to all Designated Persons and their immediate relatives.
Trading window will reopen 48 hours after the financial results are officially filed with the exchanges.

💡 This is a routine regulatory announcement with no direct impact on stock valuation. Investors should monitor for the upcoming board meeting date to assess the company's Q3 performance.

63 moons increases stake in 63SATS via ZOFCD conversion

🟡 NEUTRAL ⭐ 5/10

OTHER 📅 15 Dec 2025, 04:27 PM

63 moons technologies limited has announced the conversion of Zero Coupon Unsecured Optionally Fully Convertible Debentures (ZOFCDs) into equity shares by its subsidiary, 63SATS Cybertech Ltd. 63SATS has allotted 60 crore equity shares of face value Re. 1/- each to 63 moons upon conversion of 6000 ZOFCDs of face value Rs.1,00,000/- each. Following this allotment, 63 moons' shareholding in 63SATS now stands at 65.27%. This increases 63 Moon's control over its subsidiary.

63SATS allotted 60 crore equity shares to 63 moons.
Face value of each share is Re. 1/-.
6000 ZOFCDs were converted.
Face value of each ZOFCD was Rs.1,00,000/-.
63 moons' shareholding in 63SATS is now 65.27%.

💡 Investors should monitor the performance of 63SATS Cybertech Ltd. and its contribution to 63 moons' overall financials.

63 Moons: Ticker Ltd's Resolution Process Remanded by NCLT

🟡 NEUTRAL ⭐ 5/10

LEGAL 📅 11 Dec 2025, 03:14 PM

63 moons technologies announced that the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench, has remanded the Corporate Insolvency Resolution Process of Baron Infotech Limited, a matter related to their non-material subsidiary, Ticker Limited. The NCLT order, dated December 9, 2025, directs a re-run of the process through a new Resolution Professional due to procedural issues. The original resolution plan proposed 100% payment to creditors. Mr. Vivek Kumar Ratakonda, the Successful Resolution Applicant, is considering legal options.

NCLT remands Baron Infotech's CIRP via order dated 09th December 2025.
Ticker Limited is a non-material subsidiary of 63 moons technologies limited.
Creditors were to be paid 100% of their dues under the original resolution plan.

💡 Investors should monitor developments regarding the legal challenges and the re-run of the resolution process. This event has an indirect impact since Ticker Limited is a non-material subsidiary.

View All 63MOONS Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Consolidated Revenue from Operations grew 137.7% YoY, reaching INR 5,074.85 Lakhs in H1 FY26 compared to INR 2,134.86 Lakhs in H1 FY25. Software services/solutions represent the primary integrated mix, while 'Other' segments include process management and NBFC services.

Geographic Revenue Split

Not specifically disclosed in available documents, though the company operates primarily in India with domestic subsidiaries reflecting assets of INR 78,950.71 Lakhs as of September 30, 2025.

Profitability Margins

Net Profit from continuing operations for H1 FY26 stood at INR 1,964.14 Lakhs, a significant turnaround from a loss of INR 1,715.22 Lakhs in H1 FY25. This represents a net margin of approximately 38.7% on total income of INR 5,074.85 Lakhs.

EBITDA Margin

Operating profit before working capital changes remained negative at INR 13,291.54 Lakhs for the full year ended March 31, 2025, reflecting high fixed costs relative to operating revenue, though H1 FY26 shows improvement in total income.

Capital Expenditure

Capital expenditure on property, plant, and equipment was INR 292.95 Lakhs for H1 FY26, down 59.7% from INR 727.62 Lakhs in H1 FY25.

Credit Rating & Borrowing

Finance costs for H1 FY26 were INR 36.79 Lakhs, a 43% increase from INR 25.73 Lakhs in H1 FY25. Specific credit ratings and interest rate percentages were not disclosed.

⚙️ Operational Drivers

Raw Materials

As a technology firm, primary 'raw materials' are human capital (Employee benefits: 30.9% of total income) and Legal/Professional services (13.8% of total income).

Import Sources

Not applicable as the company provides software and IT services; however, technical talent is sourced domestically in India.

Key Suppliers

Not disclosed; the company relies on internal software development and third-party technical service providers.

Capacity Expansion

The company is pivoting toward Blockchain and Cybersecurity to create a niche and expand its technological landscape. Current capacity is focused on software services and IT infrastructure sharing.

Raw Material Costs

Employee benefit expenses were INR 3,818.52 Lakhs in H1 FY26, up 4.1% YoY. Legal and professional charges were INR 1,706.39 Lakhs, down 18.3% YoY from INR 2,088.31 Lakhs.

Manufacturing Efficiency

Not applicable; the company believes segment disclosure for capital employed is not practicable due to interchangeable asset use.

Logistics & Distribution

Not applicable; services are delivered digitally or via IT infrastructure sharing.

📈 Strategic Growth

Growth Strategy

The company aims to achieve growth by penetrating newer areas of operations, specifically Blockchain technology and Cybersecurity. This involves introducing an innovative product range with embedded advanced technologies to expand horizons in the evolving tech landscape.

Products & Services

Software services, IT infrastructure sharing, NBFC related services, and process management. Legacy products included ODIN, MATCH, and STP-Gate (all recently divested).

Brand Portfolio

63moons, ODIN (sold), MATCH (sold), STP-Gate (sold).

New Products/Services

Innovative product range in Blockchain and Cybersecurity; expected revenue contribution not yet quantified in documents.

Market Expansion

Strategic ventures are planned to penetrate newer areas of operations and create a niche in high-tech sectors.

Strategic Alliances

Not specifically named, but the company mentions strategic business ventures to provide a firm ground for robust performance.

🌍 External Factors

Industry Trends

The industry is shifting toward decentralized technologies (Blockchain) and enhanced security. 63moons is positioning itself to pivot from traditional exchange software to these emerging tech sectors.

Competitive Landscape

The company faces competition from global and domestic technology firms in the ever-evolving technological landscape.

Competitive Moat

The company's moat lies in its deep domain expertise in financial technology, though the sale of its flagship ODIN platform requires it to rebuild its competitive advantage in Blockchain.

Macro Economic Sensitivity

Highly sensitive to interest rates as 'Other Income' (primarily interest-driven) reached INR 15,609.03 Lakhs in FY25, significantly impacting the bottom line.

Consumer Behavior

Increased demand for secure and transparent financial transactions is driving the shift toward Blockchain-based solutions.

Geopolitical Risks

General economic and political factors in India and internationally are cited as risks to actual performance.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the Companies Act 2013 and Indian Accounting Standards (Ind AS). The company is also subject to the MPID Act, 1999, regarding asset attachments.

Environmental Compliance

Not disclosed; as a software company, environmental impact is relatively low.

Taxation Policy Impact

Tax expense for H1 FY26 was INR 349.98 Lakhs on continuing operations.

Legal Contingencies

Pending NSEL merger/scheme under Section 230(6) of the Companies Act 2013. Investment of INR 20,000 Lakhs in ITNL (IL&FS subsidiary) bonds faced a write-off/impairment of INR 11,920.55 Lakhs due to resolution processes.