CSM Technologies Limited (CSM)
₹88.41 +1.64% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, CSM Technologies' revenue was ₹42.7 Cr (+21.2% year on year, -29.3% on the previous quarter), and net profit ₹-8.3 Cr (a bigger loss than a year earlier); the operating margin was -17.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹42.7 | +21.2% | -29.3% |
| Operating profit | ₹-7.6 | loss widened | to loss |
| Net profit | ₹-8.3 | loss widened | to loss |
| EPS (₹) | -2.14 | loss widened | to loss |
| Operating margin | -17.8% | — | — |
CSM delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 20.27% of the CSM shares traded on NSE were taken to delivery, against the stock's own 20-session average of 44.55%. That is lower than usual for this stock. Volume was 0.4 times its average, well below normal. 8 bulk or block deals were reported in CSM in the last 60 days: ₹17 Cr bought and ₹17 Cr sold.
Delivery in the last 5 sessions: 56.9% · 80.4% · 59.4% · 55.0% · 20.3%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 18 Sep | Sell | Silverleaf Capital Services Private Limited | ₹5.13 Cr | ₹109.33 | 469,251 | Bulk |
| 18 Sep | Buy | Silverleaf Capital Services Private Limited | ₹5.13 Cr | ₹109.23 | 469,251 | Bulk |
| 18 Sep | Buy | Junomoneta Finsol Private Limited | ₹4.64 Cr | ₹108.80 | 426,544 | Bulk |
| 18 Sep | Sell | Junomoneta Finsol Private Limited | ₹4.64 Cr | ₹108.93 | 426,002 | Bulk |
| 18 Sep | Sell | Nk Securities Research Private Limited | ₹3.84 Cr | ₹108.59 | 353,874 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
CSM Technologies Limited's wholly owned subsidiary, CSM Tech Limited, has secured a US$174,000 (approx. ₹1.65 crore) contract from TradeMark Africa. The mandate involves the design, development, and deployment of the Mozambique Transport and Trade Observatory (TTO) for the Beira Corridor. The project execution timeline runs for approximately 18 months, followed by 12 months of support and maintenance under an SLA. Given CSM's quarterly revenues of ₹42.7 crore (Q1 FY27/Jun 2026), the deal size is financially minor (~3.8% of a single quarter's revenue) but expands its GovTech footprint in Africa.
- Secured contract valued at US$174,000 (approximately ₹1.65 crore) from TradeMark Africa
- Assignment execution duration is approximately 18 months from signing, plus 12 months of post-deployment support
- Scope covers establishing the digital platform for trade monitoring connecting Port of Beira across Mozambique, Zimbabwe, Malawi, Zambia, and DRC
- Builds on previous African implementations, including Kenya's Electronic Warehouse Receipt System and Royalty Management System
CSM Technologies has announced internal organizational updates effective October 1, 2026. Mr. Mrutyunjaya Panda has been redesignated from Chief Operating Officer (COO) to Chief Strategy Officer (CSO) to oversee strategic growth and innovation. Additionally, the remuneration of Mr. Ashwini Kumar, Vice President & Zonal Head (North), has been revised upward from ₹78,00,000 p.a. to ₹1,01,00,004 p.a. based on performance.
- Mrutyunjaya Panda redesignated from COO to Chief Strategy Officer effective October 1, 2026
- Ashwini Kumar's annual remuneration increased from ₹78,00,000 to ₹1,01,00,004 effective October 1, 2026
- Annual remuneration increase represents an incremental cost of approximately ₹23,00,004 p.a.
- Decisions approved via Board circular resolution dated September 30, 2026, following NRC recommendation
CSM Technologies Limited has responded to surveillance clarification inquiries from BSE and NSE dated September 22, 2026, regarding significant movement in its share price. The company confirmed that there is no undisclosed price-sensitive information, event, or development pending disclosure. Management stated that recent price and volume movements are purely driven by market forces and trading activity. All applicable disclosures under Regulation 30 of SEBI LODR Regulations remain up to date.
- Response submitted to BSE and NSE surveillance letters dated 22nd September, 2026
- Company confirmed 0 undisclosed price-sensitive events or developments pending disclosure
- Trading movement attributed entirely to market forces beyond management control
CSM Technologies has announced its 27th Annual General Meeting (AGM) scheduled for September 29, 2026, at 11:00 AM via video conference. The company fixed Tuesday, September 22, 2026, as the cut-off and record date for e-voting and dividend entitlement. The share transfer books and Register of Members will remain closed from September 22, 2026, to September 29, 2026 (both days inclusive). The exact dividend payout amount per share was not disclosed in this specific filing.
- AGM scheduled for September 29, 2026, at 11:00 AM via electronic mode
- Record date and cut-off date fixed as Tuesday, September 22, 2026
- Book closure period runs from September 22, 2026, to September 29, 2026
- Purpose is determining eligibility for voting and dividend entitlement at the 27th AGM
CSM Technologies Limited has fixed September 22, 2026, as the cut-off date to determine shareholder entitlement for voting and dividend. The Register of Members and Share Transfer Books will remain closed from September 22 to September 29, 2026, for the 27th Annual General Meeting (AGM). The AGM is scheduled to be held on September 29, 2026, at 11:00 AM via video conference.
- Cut-off/Record date fixed as September 22, 2026 for dividend entitlement and AGM e-voting
- Share transfer books closed from September 22, 2026 to September 29, 2026
- 27th Annual General Meeting scheduled for September 29, 2026 at 11:00 AM
CSM Technologies has scheduled its 27th Annual General Meeting for September 29, 2026, via video conferencing. The company is seeking shareholder approval for a final dividend of ₹0.50 per equity share (aggregating ₹2.58 crore) with a record date of September 22, 2026, which follows an earlier interim dividend of ₹0.60 per share. Other agenda items include approving material related-party transactions with its subsidiary Kwantify Solutions up to ₹25 crore, credit facility guarantees for subsidiaries, and the appointment of secretarial auditors.
- 27th AGM scheduled for September 29, 2026 via Video Conferencing
- Final dividend proposed at ₹0.50 per share (total payout ₹2.58 crore), with Record Date fixed for September 22, 2026
- Interim dividend of ₹0.60 per share confirmed for FY 2025-26
- Shareholder approval sought for RPTs with Kwantify Solutions Pvt Ltd up to ₹25 crore
- Remote e-voting window open from September 26, 2026 to September 28, 2026
CSM Technologies has adopted the Modular Open Source Identity Platform (MOSIP) framework to build foundational digital identity solutions within its Digital Public Infrastructure (DPI) portfolio. The initiative aims to target emerging GovTech opportunities in international markets, particularly in Sub-Saharan Africa and Latin America. Technical teams have completed platform training to design and implement MOSIP-based systems across public service sectors. No specific contract value or immediate financial impact was disclosed in the release.
- Adopted open-source MOSIP framework to deliver scalable foundational digital identity solutions.
- Targets emerging markets in Africa and Latin America, citing 2.9 billion people globally lacking online transaction-ready digital IDs.
- CSM Technologies operates across 20 cities in 14 countries delivering GovTech and e-Governance solutions.
- No commercial contract value or upfront revenue contribution disclosed with this adoption.
CSM Technologies reported consolidated total income of ₹43.25 crore for Q1 FY27, up 21.2% YoY from ₹35.69 crore in Q1 FY26. The consolidated net loss stood at ₹8.28 crore compared to ₹7.35 crore in Q1 FY26, consistent with the company's historical first-quarter seasonality where fixed operating costs outpace early-year revenue recognition. On a standalone basis, revenue grew 27.4% YoY to ₹41.01 crore, narrowing standalone losses by 12.7% to ₹7.78 crore. Additionally, the company highlighted a World Bank-funded contract win in Malawi worth INR 3.21 crore (INR 32.08 million) secured in July 2026.
- Consolidated total income rose 21.2% YoY to ₹43.25 crore (₹4,324.69 lakh) vs ₹35.69 crore in Q1 FY26.
- Consolidated net loss widened to ₹8.28 crore vs ₹7.35 crore in Q1 FY26, though PAT margin improved by 144 bps YoY to -19.1%.
- Standalone income increased 27.4% YoY to ₹41.01 crore, reducing standalone net loss by 12.7% to ₹7.78 crore.
- Paid-up equity share capital rose to ₹51.60 crore from ₹38.70 crore YoY.
- Secured a World Bank-funded project worth INR 32.08 million (~₹3.21 crore) in July 2026 for Malawi's e-auction platform.
CSM Technologies reported Standalone Revenue from Operations of ₹40.26 Cr for Q1 FY27, declining 30.2% quarter-on-quarter from ₹57.65 Cr in Q4 FY26, while up 14.0% year-on-year from ₹35.33 Cr. The company posted a standalone net loss of ₹7.78 Cr against a profit of ₹10.65 Cr in the previous quarter. Consolidated revenue from operations stood at ₹42.70 Cr, with foreign subsidiaries contributing a net loss of ₹0.80 Cr. The company recognized ₹145.78 Cr in total gross equity and premium from its recent IPO.
- Standalone Revenue from Operations stood at ₹40.26 Cr (down 30.2% QoQ vs ₹57.65 Cr; up 14.0% YoY vs ₹35.33 Cr)
- Standalone Net Loss recorded at ₹7.78 Cr compared to a Net Profit of ₹10.65 Cr in Q4 FY26
- Consolidated Revenue from Operations stood at ₹42.70 Cr for the quarter ended June 30, 2026
- IPO proceeds recognized include ₹12.90 Cr in equity share capital and ₹132.88 Cr in securities premium
- Appointed M/s Bimal Pattanaik & Associates as Secretarial Auditor for 5 years (FY 2026-27 to FY 2030-31)
CSM Technologies, a GovTech specialist, disclosed a robust order book of ₹357 crores in its first earnings call post-listing, representing approximately 1.48x its annualized Q4 FY26 revenue. The company maintains 180+ active projects across 14 countries with a workforce of 1,300 employees. Management emphasized a high repeat customer rate of 90-95%, indicating strong client retention in the government sector. The business model is notably seasonal, with revenue and margins typically peaking in the third and fourth quarters due to government procurement cycles.
- Current order book stands at ₹357 crores, typically executed over a 3 to 5-year cycle.
- Historical revenue stability is supported by a 90% to 95% repeat customer rate.
- The company manages over 180 active projects across 14 countries and 20 Indian states/UTs.
- Reported Q4 FY26 revenue of ₹60.43 crore with a net profit of ₹9.30 crore.
- Workforce expanded to approximately 1,300 professionals to support GovTech and AI initiatives.
CSM Technologies has made the audio recording of its earnings conference call held on July 28, 2026, available to the public. The call discussed the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. For the quarter ended March 2026, the company reported a revenue of ₹60.43 crore and a net profit of ₹9.30 crore. This is a procedural disclosure as per SEBI Listing Regulations.
- Earnings conference call held on July 28, 2026, at 12:30 P.M. IST
- Covers audited financial results for the quarter and full year ended March 31, 2026
- Reported quarterly revenue of ₹60.43 crore for March 2026
- Reported quarterly net profit of ₹9.30 crore for March 2026
- Company maintains a debt of ₹72 crore against a net worth of ₹112 crore
CSM Technologies has announced its earnings conference call for the quarter and full year ended March 31, 2026, scheduled for July 28, 2026, at 12:30 PM IST. The management, including the MD & CEO and CFO, will discuss the audited financial results. For context, the company reported a revenue of ₹60.43 crore and a net profit of ₹9.30 crore in the March 2026 quarter. The company maintains a debt-to-equity ratio of 0.64 with a total debt of ₹72 crore.
- Earnings conference call scheduled for July 28, 2026, at 12:30 PM IST
- Discussion to cover audited standalone and consolidated results for FY26
- March 2026 quarterly revenue stood at ₹60.43 crore
- March 2026 quarterly net profit reported at ₹9.30 crore
- Company debt levels currently at ₹72 crore against a net worth of ₹112 crore
CSM Technologies reported a strong financial performance for FY26, with Profit After Tax (PAT) surging 70.2% YoY to ₹24.01 Cr. While total income grew by a moderate 14% to ₹228.72 Cr, the company demonstrated significant operating leverage as EBITDA margins expanded by 571 bps to 21.0%. The company ended the year with a robust order book of ₹357.63 Cr, providing high revenue visibility for the next 18 months. Additionally, the board recommended a final dividend of ₹0.50 per share.
- Full-year PAT increased 70.2% YoY to ₹24.01 Cr from ₹14.10 Cr in FY25.
- Outstanding order book stands at ₹357.63 Cr, representing 1.56x the FY26 total income.
- EBITDA margins improved significantly to 21.0% in FY26 compared to 15.3% in the previous year.
- Invested ₹10.25 Cr in Intangible Assets Under Development to build proprietary technology platforms.
- Q4 FY26 PAT grew 77.7% YoY to ₹9.30 Cr, despite a one-time exceptional charge of ₹2.73 Cr for new Labour Codes.
CSM Technologies has recommended a final dividend of ₹0.50 per share for FY 2025-26, bringing the total annual dividend to ₹1.10 per share. This follows an interim dividend of ₹0.60 per share declared in April 2026. The total cash outflow for the final dividend is estimated at ₹258.02 lakh. This represents the company's first major corporate action following its recent listing on July 02, 2026, at an IPO price of ₹113.
- Recommended a final dividend of ₹0.50 per equity share for the financial year 2025-26
- Total dividend for FY26 stands at ₹1.10 per share, including a ₹0.60 interim dividend
- Estimated aggregate cash outflow for the final dividend is ₹258.02 lakh
- Company successfully listed on NSE and BSE on July 02, 2026, at an issue price of ₹113
- Total equity shares outstanding as of the recommendation date are 5,16,03,472
CSM Technologies has approved its audited FY26 results and recommended a final dividend of ‡0.50 per share, bringing the total FY26 dividend to ‡1.10 per share. The company successfully listed on July 02, 2026, raising ‡145.78 crore through an IPO at ‡113 per share. As the IPO was completed after the March 31, 2026 reporting date, the proceeds are treated as a non-adjusting event for the FY26 financial statements. The statutory auditors have issued an unmodified opinion on the results.
- Recommended a final dividend of ‡0.50 per share on 5,16,03,472 equity shares
- Total FY26 dividend reaches ‡1.10 per share including the ‡0.60 interim dividend declared in April 2026
- Successfully completed IPO of 1,29,01,000 shares at ‡113 each, aggregating to ‡145.78 crore
- Final dividend results in an aggregate cash outflow of approximately ‡258.02 lakh
- Re-appointed M/s PBM & Associates as Internal Auditors for the financial year 2026-2027
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