ADROITINFO - Adroit Info.
📢 Recent Corporate Announcements
Adroit Infotech Limited has submitted its annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations for the financial year ending March 31, 2026. The filing confirms that the promoters and promoter group have declared no undisclosed encumbrances or pledges on their shareholding during the period. This is a standard annual compliance requirement designed to ensure transparency regarding the status of promoter-held equity. Such disclosures are routine and confirm that no secret liens have been created on the company's shares by its controllers.
- Annual disclosure filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Covers the full financial year period ending March 31, 2026
- Promoters and Promoter Group confirm no undisclosed encumbrances were made during the fiscal year
- Official notification sent to both BSE and NSE on April 30, 2026
Adroit Infotech's subsidiary, Verso Altima India Pvt Ltd, has secured an international contract valued at INR 23.0 million from PT Supra Primatama Nusantara. The order focuses on SAP BRIM Managed Services, providing both functional and technical support. The project has a defined execution period of one year, enhancing the company's revenue visibility in the specialized IT services segment. This win underscores the company's capability to compete in the international SAP consulting market.
- Order value is approximately INR 23.0 million (2.3 Crore).
- Awarded by international entity PT Supra Primatama Nusantara for SAP BRIM services.
- The contract includes comprehensive onsite and offshore support for a duration of one year.
- The project involves both functional and technical support for the SAP-BRIM application.
- Strengthens the market position of subsidiary Verso Altima India in the digital transformation space.
Adroit Infotech Limited has filed its Structured Digital Database (SDD) compliance certificate for the quarter ended March 31, 2026. The company confirmed that it has a non-tamperable system in place to track Unpublished Price Sensitive Information (UPSI) as required by SEBI Insider Trading regulations. During the quarter, the company identified and successfully recorded 1 UPSI event in its database. No non-compliances were reported, indicating a stable internal governance framework regarding sensitive information.
- Successfully captured 1 out of 1 required UPSI events during the quarter ended March 31, 2026.
- Maintains a non-tamperable internal database with an audit trail capable of storing records for 8 years.
- Reported zero non-compliances and no remedial actions were necessary for the reporting period.
- Compliance confirmed under Regulation 3(5) and 3(6) of SEBI (Prohibition of Insider Trading) Regulations.
Adroit Infotech Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The report, issued by the Registrar and Share Transfer Agent (RTA), covers the period ending March 31, 2026. The RTA confirmed that no securities were received for dematerialization or rematerialization during this specific quarter. This is a standard administrative filing required by Indian stock exchanges to maintain accurate shareholding records.
- Compliance certificate submitted for the quarter ended March 31, 2026
- Registrar and Share Transfer Agent confirmed 0 securities were processed for dematerialization
- Filing adheres to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- The report was issued by Venture Capital and Corporate Investments Private Limited
Sudhakiran Reddy Sunkerneni, the Managing Director and Promoter of Adroit Infotech Limited, has increased his stake in the company through open market purchases. Between March 30 and March 31, 2026, he acquired 48,854 equity shares, representing a small but notable increase in his holding. This transaction raises his total shareholding from 15.46% to 15.55%. Insider buying is typically interpreted as a positive signal of management's confidence in the company's long-term value.
- Promoter and MD Sudhakiran Reddy Sunkerneni purchased 48,854 equity shares from the open market.
- The total shareholding of the promoter increased from 15.46% (83,74,284 shares) to 15.55% (84,23,138 shares).
- The transaction value for the acquisition was approximately ₹4,28,450.
- The purchases were executed on March 30 and March 31, 2026, and disclosed to the exchange on April 8, 2026.
Sudhakiran Reddy Sunkerneni, the Managing Director and Promoter of Adroit Infotech, has increased his stake in the company through open market purchases. He acquired 48,854 equity shares on March 30 and 31, 2026, for a total consideration of approximately ₹4.28 lakhs. This transaction increases his total shareholding from 15.46% to 15.55%. Insider buying by top management is generally perceived as a positive signal regarding the company's valuation and future outlook.
- Promoter and MD Sudhakiran Reddy Sunkerneni purchased 48,854 equity shares in the open market.
- The total value of the acquisition is approximately ₹4,28,450.
- The promoter's stake increased from 15.46% (83,74,284 shares) to 15.55% (84,23,138 shares).
- The transactions were executed across BSE and NSE on March 30 and March 31, 2026.
Sudhakiran Reddy Sunkerneni, the Managing Director and Promoter of Adroit Infotech, has purchased 1,34,812 equity shares through the open market. The acquisition, valued at approximately ₹11.97 lakhs, took place between March 1 and March 27, 2026. This transaction increases the promoter's total stake in the company from 15.21% to 15.46%. Insider buying is typically interpreted as a sign of management's confidence in the company's long-term value.
- Promoter Sudhakiran Reddy Sunkerneni acquired 1,34,812 equity shares via open market purchase
- Total transaction value is approximately ₹11.97 lakhs excluding taxes and brokerage
- Promoter's shareholding increased from 15.21% (82,39,472 shares) to 15.46% (83,74,284 shares)
- The acquisition was carried out in multiple tranches between March 1, 2026, and March 27, 2026
Adroit Infotech Limited has notified the exchanges regarding the closure of its trading window starting April 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the announcement of audited financial results for the quarter and year ending March 31, 2026. The window will remain closed for all designated persons and will reopen 48 hours after the results are officially disseminated. The specific date for the board meeting to approve these results is yet to be announced.
- Trading window for designated persons to close effective April 1, 2026.
- Closure is related to the Audited Financial Results for the quarter and year ended March 31, 2026.
- The window will reopen 48 hours after the public disclosure of the financial results.
- Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, confirmed.
Adroit Infotech's Rights Issue Committee has provided a final opportunity for shareholders to pay outstanding call monies from its February 2024 rights issue. Approximately 30.98 lakh shares have unpaid dues totaling Rs 3.04 crore, including share premium. Shareholders must settle these payments between April 10 and April 30, 2026, along with a 9% per annum interest charge. Failure to comply with this final notice will lead to the forfeiture of the partly paid-up equity shares.
- A total of 30,98,722 shares have outstanding call money remaining unpaid from the 2024 Rights Issue.
- The aggregate outstanding amount to be recovered by the company is INR 3,03,65,198.
- Shareholders are required to pay 9% interest per annum on the delayed amount from the original due date.
- The payment window is strictly scheduled from April 10, 2026, to April 30, 2026.
- Non-payment by the deadline will result in the legal forfeiture of the shares as per the Companies Act.
Adroit Infotech Limited reported a robust performance for Q3 FY26, with consolidated revenue rising 86.5% YoY to ₹14.33 crore. Net profit for the quarter surged to ₹1.52 crore, up from ₹0.54 crore in the corresponding quarter of the previous year. The company's nine-month profit also showed strong growth, reaching ₹3.13 crore compared to ₹1.47 crore. Additionally, the board has approved issuing call notices to recover unpaid money on over 30.91 lakh shares from its previous rights issue.
- Consolidated revenue from operations grew to ₹1,432.67 Lakhs in Q3 FY26 from ₹768.11 Lakhs YoY.
- Net profit after tax increased by 180.8% YoY to ₹152.41 Lakhs.
- Nine-month consolidated profit stood at ₹313.45 Lakhs, a 112.7% increase over the previous year.
- Board to issue call notices for unpaid 1st and 2nd call money on 30,91,222 equity shares.
- Consolidated EPS for the quarter improved to ₹0.28 from ₹0.18 YoY.
Adroit Infotech Limited has submitted its statement of deviation for the quarter ended December 31, 2025, confirming that funds raised via its Rights Issue are being used as per the original prospectus. The company raised Rs 45.72 crore in February 2025 and has utilized Rs 14.05 crore to date. Key areas of spending include business expansion, working capital, and repayment of non-current liabilities. The remaining unutilized funds are currently held in a bank account with Axis Bank.
- Total amount raised through the Rights Issue was Rs 4572.07 Lakhs (approximately Rs 45.72 Crore).
- Cumulative utilization of funds as of December 31, 2025, stands at Rs 1405.22 Lakhs.
- Rs 3.58 Crore has been spent on business expansion against an original allocation of Rs 17.50 Crore.
- The company has not yet utilized any of the Rs 10.00 Crore allocated for acquisitions in similar or complementary spaces.
- Management confirmed zero deviation or variation from the objects stated in the Prospectus dated January 19, 2024.
Adroit Infotech reported a strong performance for Q3 FY26, with consolidated revenue growing 86.5% YoY to ₹14.33 crore. Net profit for the quarter surged to ₹1.52 crore compared to ₹0.54 crore in the same period last year. The company is also taking active steps to recover unpaid call money from its previous rights issue, affecting approximately 30.91 lakh shares. For the nine-month period ended December 2025, the company has already surpassed its previous full-year profit figures.
- Consolidated revenue from operations increased 86.5% YoY to ₹1,432.67 Lakhs in Q3 FY26.
- Net Profit (PAT) surged 181% YoY to ₹152.41 Lakhs from ₹54.28 Lakhs in the year-ago quarter.
- 9M FY26 PAT reached ₹313.45 Lakhs, more than doubling from ₹147.38 Lakhs in 9M FY25.
- Board approved issuing call notices for unpaid money on 3,091,222 shares from the previous Rights Issue.
- Basic EPS for the quarter improved to ₹0.28 compared to ₹0.18 in Q3 FY25.
Adroit Infotech reported a robust consolidated net profit of ₹1.52 crore for Q3 FY26, a significant 180% increase from ₹0.54 crore in the previous year's corresponding quarter. Consolidated revenue from operations rose 86% YoY to ₹14.33 crore, indicating strong demand for its SAP support services. Additionally, the board has decided to issue call notices to recover unpaid money on over 30.91 lakh shares from its rights issue. This move is expected to bring in the remaining capital and finalize the rights issue process.
- Consolidated Revenue from Operations surged 86.5% YoY to ₹1,432.67 Lakhs in Q3 FY26.
- Consolidated Net Profit rose to ₹152.41 Lakhs from ₹54.28 Lakhs in Q3 FY25.
- 9M FY26 Consolidated Net Profit reached ₹313.45 Lakhs compared to ₹147.38 Lakhs YoY.
- Board to issue call notices for unpaid 1st and 2nd call money on 30,91,222 equity shares.
- Consolidated EPS for the quarter increased to ₹0.28 from ₹0.18 YoY.
Adroit Infotech's subsidiary, Verso Altima India Pvt Limited, has secured a significant international order from Amdocs Development Limited. The contract is valued at approximately INR 46.0 million and spans a five-year period starting January 2026. The scope of work involves providing comprehensive onsite and offshore application maintenance and support services. This deal highlights the company's growing footprint in the international SAP and digital transformation services market.
- Order value of INR 46.0 million from international entity Amdocs Development Limited
- Contract duration is 5 years, providing long-term revenue visibility
- Scope includes Functional and Technical support for Application Maintenance Services
- Project involves comprehensive onsite and offshore support models
Adroit Infotech Limited has submitted its Structured Digital Database (SDD) compliance certificate for the quarter ended December 31, 2025, as required by SEBI Insider Trading regulations. The company confirmed that it has a non-tamperable system in place to track Unspecified Price Sensitive Information (UPSI) with a mandatory 8-year record retention capability. During the quarter, the company identified and successfully recorded 1 UPSI event in its database. No instances of non-compliance were reported, reflecting the company's adherence to internal governance and regulatory protocols.
- Confirmed 100% compliance with SEBI (Prohibition of Insider Trading) Regulations for the quarter ended Dec 31, 2025.
- Successfully captured 1 UPSI event in the Structured Digital Database during the reporting period.
- Maintains a non-tamperable internal database with an audit trail capable of storing records for 8 years.
- Reported zero non-compliance issues or remedial actions for the previous quarter.
Financial Performance
Revenue Growth by Segment
The primary revenue driver is the Indian subsidiary, Verso Altima India Pvt Ltd, which generated INR 24.57 Cr (2,456.75 Lakhs) in FY 2024-25. The UAE-based subsidiary, Adroit Infotech LLC FZ, contributed INR 1.14 Cr (114.20 Lakhs), representing approximately 4.4% of the combined subsidiary turnover. The US subsidiary reported zero turnover for the period.
Geographic Revenue Split
Revenue is heavily concentrated in India, accounting for approximately 95.6% of subsidiary turnover (INR 24.57 Cr). The Middle East (UAE) accounts for the remaining 4.4% (INR 1.14 Cr). Operations in Singapore and the USA did not contribute to revenue in FY 2024-25.
Profitability Margins
Verso Altima India Pvt Ltd reported a Net Profit Margin of 2.92% (PAT of INR 0.72 Cr on revenue of INR 24.57 Cr). Adroit Infotech LLC FZ (UAE) demonstrated higher efficiency with a 12.92% PAT margin (PAT of INR 0.15 Cr on revenue of INR 1.14 Cr).
EBITDA Margin
Operating profitability for the main Indian unit (Verso Altima) is thin, with a Profit Before Tax (PBT) margin of 0.90% (INR 0.22 Cr). The UAE unit maintained a PBT margin of 12.92%, matching its PAT margin due to zero tax provisions.
Capital Expenditure
Not disclosed in available documents; however, the company maintains a subsidiary in Singapore (Verso Altima India Pte Ltd) and one unnamed subsidiary that is yet to commence operations as of March 31, 2025, indicating potential future investment.
Credit Rating & Borrowing
Not disclosed in available documents. Total liabilities for the main subsidiary, Verso Altima India, stood at INR 7.41 Cr against total assets of INR 10.88 Cr.
Operational Drivers
Raw Materials
Not applicable as the company operates in the IT services and software consultancy sector. The primary 'raw material' is human capital/skilled IT professionals.
Import Sources
Not applicable for IT services; however, the company sources talent and operational presence from India, UAE, and the USA.
Key Suppliers
Not applicable; the company relies on technology partners such as SAP (implied by business nature) rather than physical raw material suppliers.
Capacity Expansion
The company is expanding its leadership capacity with the appointment of Mr. Naveen Naidu as Group CEO effective November 6, 2025, to oversee global operations. One subsidiary is currently in the pre-operative stage.
Raw Material Costs
Not applicable. Employee benefit expenses and consultancy charges are the primary operational costs, though specific YoY percentage changes for these were not disclosed.
Manufacturing Efficiency
Not applicable. Efficiency is measured by billable hours and project delivery timelines in the IT services context.
Strategic Growth
Growth Strategy
Growth is being pursued through leadership restructuring, specifically the appointment of a new Group CEO in late 2025 to drive global strategy. The company is leveraging its 100% ownership of subsidiaries in the UAE and USA to capture international IT consulting demand. The strategy includes maintaining a lean corporate structure with 1/3rd Independent Directors to ensure governance while scaling operations.
Products & Services
SAP implementation services, IT consulting, software development, and enterprise resource planning (ERP) solutions.
Brand Portfolio
Adroit Infotech, Verso Altima.
New Products/Services
The company is preparing to launch operations through a new subsidiary that was yet to commence as of March 2025, likely targeting specialized IT niches.
Market Expansion
Target regions include the Middle East (via Adroit Infotech LLC FZ) and the USA, though the US unit is currently non-revenue generating.
Strategic Alliances
The company operates through 100% owned subsidiaries including Verso Altima India and Adroit Infotech US Inc.
External Factors
Industry Trends
The industry is shifting toward cloud-based ERP migrations. Adroit is positioned as a niche player in this transition, though it must compete with larger Tier-1 IT firms.
Competitive Landscape
Competes with global and mid-tier IT consultancy firms specializing in ERP and digital transformation.
Competitive Moat
The company's moat is based on specialized SAP domain expertise and a lower cost base in India. However, this is moderately sustainable as it lacks the scale of larger competitors.
Macro Economic Sensitivity
Highly sensitive to global corporate CAPEX cycles; a 1% decrease in global GDP typically correlates with reduced enterprise software spending.
Consumer Behavior
Enterprises are increasingly demanding shorter implementation cycles and subscription-based (SaaS) models rather than traditional licensing.
Geopolitical Risks
Operations in the UAE and USA expose the company to trade policy changes and visa regulation shifts for IT consultants.
Regulatory & Governance
Industry Regulations
Compliance with FEMA (Foreign Exchange Management Act) is critical due to 100% ownership of foreign subsidiaries in the US, UAE, and Singapore. Must also adhere to SEBI LODR and Companies Act 2013.
Environmental Compliance
Not applicable for IT services; ESG focus is primarily on governance and social (labor) standards.
Taxation Policy Impact
The Indian subsidiary received a tax credit/adjustment of INR 49.59 Lakhs in FY 2024-25, which bolstered its final PAT.
Legal Contingencies
The Secretarial Audit Report for FY 2024-25 noted no major instances of non-compliance with the Companies Act or SEBI regulations. No material pending court cases with specific values were disclosed.
Risk Analysis
Key Uncertainties
The primary risk is the extreme revenue concentration (95%+) in a single subsidiary (Verso Altima India) and the lack of revenue from the US and Singapore units.
Geographic Concentration Risk
95.6% of subsidiary revenue is derived from India.
Third Party Dependencies
High dependency on software vendors (like SAP) for platform updates and certification requirements.
Technology Obsolescence Risk
High risk if the company fails to transition from legacy ERP systems to AI-driven and cloud-native enterprise solutions.
Credit & Counterparty Risk
Total assets of INR 10.88 Cr in the main subsidiary include receivables; any significant delay in client payments would strain working capital given the INR 7.41 Cr liability load.