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Cambridge Technology Enterprises Limited (CTE)

₹37.40 +3.40% last close, 16 Oct

📊 NSE: CTE 🏢 Computers - Software - Medium / Small 📢 Latest filing: 30 Sep 2026 📝 Analysis written: 13 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Cambridge Technology's revenue was ₹48.4 Cr (-3.8% year on year, +21.3% on the previous quarter), and net profit ₹7.1 Cr; the operating margin was 19.6%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹48.4	-3.8%	+21.3%
Operating profit	₹9.5	+210.4%	+80.7%
Net profit	₹7.1	—	+84.3%
EPS (₹)	3.60	—	+83.7%
Operating margin	19.6%	—	—

Full quarterly financials → Results calendar →

CTE exchange data

NSE end-of-day data for Fri, 16 Oct 2026

It closed at a price band (circuit) on 4 sessions in about the last 20.

₹37.40NSE close · +3.40%

Circuit stocks →

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

CTE Appoints M/s. S B C & Co. as Statutory Auditor for 5-Year Term Post AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 03:06 PM

Cambridge Technology Enterprises Limited (CTE) announced that shareholders at its 27th AGM on September 29, 2026, approved the appointment of M/s. S B C & Co., Chartered Accountants, as Statutory Auditors. The appointment is for a standard tenure of 5 consecutive years, spanning from the conclusion of the 27th AGM until the 32nd AGM. The previous statutory auditors, M/s. B R A N D LLP & Co., ceased to hold office upon the completion of their tenure. This is a routine rotation required under Companies Act statutory provisions.

Shareholders approved the auditor change at the 27th AGM held on September 29, 2026
M/s. S B C & Co. appointed for a term of 5 consecutive years
New auditor tenure extends from the conclusion of the 27th AGM until the 32nd AGM
M/s. B R A N D LLP & Co. ceased to hold office following the completion of their tenure

💡 Track the upcoming Q2 FY27 earnings release to review financial disclosures under the new audit firm.

CTE Shareholders Approve Assignment of ₹15.22 Cr Loan Receivable for ₹40 Lakh

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 29 Sep 2026, 06:53 PM

Cambridge Technology Enterprises Limited (CTE) announced that all 4 resolutions were passed with requisite majority at its 27th AGM held on September 29, 2026. A key special resolution passed approves the assignment/transfer of a ₹15.22 Cr loan receivable due from wholly owned subsidiary FA Software Services Pvt Ltd to Aglow Financial Services Pvt Ltd for a consideration of ₹40,00,000. Other passed resolutions include adoption of FY26 financial statements, re-appointment of a retiring director, and appointment of M/s. S B C & Co. as statutory auditors for 5 years. Total voter turnout stood at 61.94% of outstanding shares.

Resolution 4 passed with 99.84% approval to assign a ₹15.22 Cr subsidiary loan receivable for ₹40 Lakh consideration
Overall voter turnout was 61.94% across 1,21,60,317 shares voted out of 1,96,31,015 total shares
M/s. S B C & Co. appointed as statutory auditors for a 5-year term from 27th to 32nd AGM
Adoption of FY26 financial statements and director re-appointment passed with 99.9999% votes in favor

💡 Investors should monitor upcoming quarterly results to assess any one-time write-offs or accounting impacts arising from the substantial haircut on the assigned ₹15.22 Cr loan receivable.

Cambridge Technology Enterprises Schedules 27th AGM for Sept 29, 2026; Sets Cut-off Date

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Sep 2026, 12:49 PM

Cambridge Technology Enterprises has issued newspaper publications regarding its 27th Annual General Meeting (AGM), scheduled for Tuesday, September 29, 2026, at 11:30 AM via Video Conferencing. The company has fixed Tuesday, September 22, 2026, as the cut-off date to determine voting eligibility for remote e-voting and voting during the AGM. Remote e-voting begins on Saturday, September 26, 2026 (9:00 AM) and concludes on Monday, September 28, 2026 (5:00 PM). The company's Register of Members and Share Transfer Books will be closed from September 23 to September 29, 2026.

27th Annual General Meeting to be held on September 29, 2026, at 11:30 AM via VC/OAVM
Cut-off date for e-voting entitlement established as September 22, 2026
Remote e-voting window runs from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
Book closure period scheduled from September 23, 2026, to September 29, 2026 (both days inclusive)

💡 Shareholders intending to vote should ensure their shareholding is recorded as of the September 22, 2026 cut-off date and review resolutions outlined in the full AGM notice.

Cambridge Technology Dispatches FY26 Annual Report Access Letter to Shareholders

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 07 Sep 2026, 08:21 PM

Cambridge Technology Enterprises Limited has dispatched letters under Regulation 36 of SEBI Listing Regulations to shareholders whose email addresses are not registered. The communication provides web links and QR codes to access the Annual Report for FY 2025-26. Additionally, the notice requests shareholders holding physical certificates to update their KYC details using prescribed forms (such as Form ISR-1, ISR-2, and SH-13). This is a purely procedural compliance update with no financial or operational impact.

Dispatched compliance letter dated September 04, 2026 under Regulation 36(1)(b) of SEBI Listing Regulations
Provides web link and QR code access for the FY 2025-2026 Annual Report
Guides physical shareholders on submitting KYC details via Form ISR-1, ISR-2, and Nomination Form SH-13 to RTA Aarthi Consultants

💡 Shareholders holding physical shares should ensure their KYC and bank mandate details are submitted to the RTA to avoid freezing of folios.

CTE Sets Record & Cut-Off Date as Sep 22, 2026 for 27th AGM

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Sep 2026, 05:59 PM

Cambridge Technology Enterprises Limited has announced that its 27th Annual General Meeting (AGM) will be held on September 29, 2026, at 11:30 AM IST via video conferencing. The cut-off date for determining shareholder voting rights via remote e-voting is September 22, 2026. The Register of Members and share transfer books will remain closed from September 23, 2026, to September 29, 2026. This is a standard statutory notification with no direct operational or financial impact.

27th Annual General Meeting scheduled for September 29, 2026, at 11:30 AM IST via VC/OAVM
Cut-off date for e-voting eligibility set as September 22, 2026
Register of Members and share transfer books closed from September 23 to September 29, 2026

💡 Eligible shareholders on record as of September 22, 2026, may participate in e-voting; watch for annual report releases and AGM outcome resolutions.

Cambridge Technology Enterprises to Hold 27th AGM on September 29, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Sep 2026, 05:55 PM

Cambridge Technology Enterprises Limited has issued the notice for its 27th Annual General Meeting scheduled for September 29, 2026, via video conferencing. Key ordinary business items include adopting FY26 audited accounts and appointing M/s S B C & Co. as Statutory Auditors. Special business includes seeking shareholder approval to assign/transfer a loan receivable from FA Software Services Private Limited to Aglow Financial Services Private Limited. The cut-off date for e-voting is September 22, 2026, with remote e-voting open from September 26 to September 28, 2026.

27th AGM scheduled for September 29, 2026 at 11:30 AM IST via VC/OAVM
Special Resolution proposed for assignment/transfer of loan receivable from FA Software Services Pvt Ltd
Appointment of M/s S B C & Co., Chartered Accountants as Statutory Auditors
Remote e-voting window set from September 26, 2026 (09:00 AM) to September 28, 2026 (05:00 PM)
Cut-off date for voting eligibility is September 22, 2026; book closure from September 23 to September 29, 2026

💡 Track voting outcomes and scrutiny results post-AGM on September 29, 2026, particularly regarding the assignment of the loan receivable.

CTE Approves Auditor Rotation for 5-Year Term; Schedules 27th AGM on Sept 29, 2026

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 02 Sep 2026, 03:40 PM

Cambridge Technology Enterprises Limited's Board has approved the appointment of M/s. S B C & Co., Chartered Accountants, as Statutory Auditors for a 5-year term from the 27th AGM until the 32nd AGM in 2031, subject to shareholder approval. The appointment comes upon the completion of the 5-year term of the retiring auditors, M/s. B R A N D & Associates LLP. The company has scheduled its 27th Annual General Meeting for September 29, 2026, via video conferencing. The voting cut-off date is set for September 22, 2026, and the book closure window runs from September 23 to September 29, 2026.

Appointment of M/s. S B C & Co. as Statutory Auditors for a 5-year term ending at the 32nd AGM in 2031
Retirement of incumbent auditor M/s. B R A N D & Associates LLP upon completion of their 5-year term
27th Annual General Meeting convened for September 29, 2026
E-voting record cut-off date set to September 22, 2026; book closure from September 23 to September 29, 2026

💡 Shareholders can review the upcoming FY26 Annual Report and note the September 22, 2026 cut-off date to participate in AGM voting.

CTE Shareholders Approve Appointment of Vivek Kumar Singh as Independent Director

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Aug 2026, 04:44 PM

Cambridge Technology Enterprises Limited (CTE) has announced that its shareholders approved the appointment of Mr. Vivek Kumar Singh as a Non-Executive Independent Director via a Special Resolution. The appointment was originally effective from May 30, 2026, subject to shareholder approval. The voting results from the remote e-voting postal ballot were declared on August 24, 2026, with the resolution deemed passed on August 22, 2026.

Shareholders approved the appointment of Mr. Vivek Kumar Singh (DIN: 09029741) as Non-Executive Independent Director
Special Resolution deemed passed on August 22, 2026, the last date of remote e-voting
Voting results officially declared by the company on August 24, 2026
Initial appointment by the board was effective from May 30, 2026

💡 Track subsequent board committee reconstitution and general corporate governance updates in upcoming quarterly reports.

CTE Shareholders Approve Appointment of Vivek Kumar Singh as Independent Director

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Aug 2026, 04:43 PM

Cambridge Technology Enterprises Limited has announced that its shareholders approved the appointment of Mr. Vivek Kumar Singh as a Non-Executive and Independent Director. The approval was granted via a Special Resolution through Postal Ballot, deemed passed on August 22, 2026, following the close of remote e-voting. The voting results were formally declared by the company on August 24, 2026, regularizing the initial board appointment intimated on May 30, 2026.

Shareholders approved the appointment of Mr. Vivek Kumar Singh (DIN: 09029741) as Non-Executive and Independent Director
Special Resolution deemed passed on August 22, 2026, being the last date for remote e-voting
Voting results officially declared by the company on August 24, 2026
Regularizes the board appointment initially intimated to exchanges on May 30, 2026

💡 Educational: Track upcoming quarterly governance disclosures and committee reconstitutions; no immediate operational impact.

CTE Shareholders Approve Appointment of Independent Director with 99.98% Approval

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Aug 2026, 04:32 PM

Cambridge Technology Enterprises Limited announced the results of its Postal Ballot remote e-voting concluded on August 22, 2026. Shareholders approved the appointment of Mr. Vivek Kumar Singh as a Non-Executive and Independent Director through a special resolution. A total of 1,13,16,838 votes were polled (57.65% turnout of 1,96,31,015 total shares), with 99.98% voting in favour and 0.02% against.

Special resolution passed for appointment of Mr. Vivek Kumar Singh (DIN: 09029741) as Non-Executive and Independent Director
Overall voter turnout was 57.648% representing 11,316,838 votes polled out of 19,631,015 shares
Approval rate stood at 99.978% (11,314,335 votes in favour vs 2,503 against)
Promoter group polled 100% of their 11,215,793 shares entirely in favour of the resolution

💡 Track ongoing corporate governance developments and board oversight alongside quarterly earnings execution.

CTE Q1 Cons PAT Jumps to ₹7.08 Cr from ₹0.59 Cr YoY; Board Reconstitutes Committees

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 07:52 PM

Cambridge Technology Enterprises reported a strong jump in consolidated Profit After Tax (PAT) to ₹7.08 Cr (₹707.53 lakhs) for Q1 FY27 (quarter ended June 30, 2026), compared to ₹0.59 Cr in Q1 FY26 and ₹3.84 Cr in Q4 FY26. Consolidated basic EPS rose sharply to ₹3.60 for the quarter from ₹0.30 YoY. The company also announced the disposal of its subsidiary RP Web Apps Private Limited on April 6, 2026, and reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees.

Consolidated PAT reached ₹707.53 lakhs in Q1 FY27 vs ₹59.47 lakhs in Q1 FY26 (up ~11.9x YoY)
Consolidated basic and diluted EPS surged to ₹3.60 compared to ₹0.30 in Q1 FY26 and ₹1.96 in Q4 FY26
Standalone income from operations stood at ₹1,334.93 lakhs with a standalone net loss of ₹158.23 lakhs
Eliminated standalone loss of ₹202.22 lakhs in consolidation following the sale of subsidiary RP Web Apps Private Limited on April 6, 2026
Board committees reconstituted, appointing Mr. Tarakad Narayanan Kannan as Audit Committee Chairperson

💡 Track whether the consolidated profitability momentum is sustained in coming quarters and monitor operational performance of key US/international subsidiaries post subsidiary divestment.

CTE Q1 Cons PAT Jumps to Rs 7.08 Cr vs Rs 0.59 Cr YoY; EPS at Rs 3.60

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 07:49 PM

Cambridge Technology Enterprises reported a sharp surge in consolidated net profit for Q1 ended June 30, 2026, reaching Rs 707.53 lakhs (Rs 7.08 Cr) compared to Rs 59.47 lakhs in Q1 FY26 and Rs 384.12 lakhs in Q4 FY26. Basic EPS expanded to Rs 3.60 from Rs 0.30 YoY. Standalone revenue stood at Rs 1,334.93 lakhs with a standalone net loss of Rs 158.23 lakhs. Additionally, the company derecognised subsidiary RP Web Apps Private Limited following its disposal on April 6, 2026, and reconstituted its board committees.

Consolidated Profit After Tax jumped to Rs 707.53 lakhs in Q1 FY27 from Rs 59.47 lakhs in Q1 FY26
Consolidated Basic EPS rose significantly to Rs 3.60 per share vs Rs 0.30 in Q1 FY26
Consolidated Profit Before Tax increased to Rs 762.39 lakhs vs Rs 105.09 lakhs YoY
Standalone income from operations stood at Rs 1,334.93 lakhs with a net loss of Rs 158.23 lakhs
Subsidiary RP Web Apps Private Limited disposed of effective April 6, 2026

💡 Track subsequent quarterly operational performance to determine the sustainability of the consolidated margin expansion and evaluate turnaround in standalone operations.

Q1 Consolidated PAT Surges to ₹7.08 Cr from ₹0.59 Cr YoY; Basic EPS at ₹3.60

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 07:41 PM

Cambridge Technology Enterprises reported a strong jump in consolidated net profit for Q1 ended June 30, 2026, reaching ₹7.08 Cr compared to ₹0.59 Cr in the year-ago quarter and ₹3.84 Cr in the preceding quarter. Consolidated EPS rose to ₹3.60 from ₹0.30 in Q1 FY26. In contrast, standalone operations registered a net loss of ₹1.58 Cr on revenue of ₹13.35 Cr. The Board also approved the reconstitution of its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, and noted the disposal of subsidiary RP Web Apps Private Limited.

Consolidated Profit After Tax grew sharply to ₹707.53 lakhs (₹7.08 Cr) for Q1 ended June 30, 2026, vs ₹59.47 lakhs in Q1 FY26
Consolidated Basic EPS increased to ₹3.60 compared to ₹0.30 in the corresponding period last year
Standalone business posted a net loss of ₹158.23 lakhs on operational revenue of ₹1,334.93 lakhs
Completed disposal of subsidiary RP Web Apps Private Limited on April 6, 2026, derecognising its reserves and actuarial balances

💡 Track the sustainability of consolidated operating profitability across subsequent quarters and monitor whether standalone performance recovers from losses.

Resignation of Non-Executive Director Stefan Hetges Effective July 24, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Jul 2026, 06:01 PM

Mr. Stefan Hetges has resigned from his position as a Non-Executive and Non-Independent Director of Cambridge Technology Enterprises Limited effective July 24, 2026. The resignation is attributed to his pre-occupation, and he has ceased to be a director from the close of business hours on the same day. This management change comes at a time when the company, with a market capitalization of ₹59 Cr, is navigating a period of volatile earnings, including a significant net loss of ₹48.06 Cr in FY25.

Resignation of Mr. Stefan Hetges effective from the close of business hours on July 24, 2026.
The director held a Non-Executive and Non-Independent position on the board.
Company reported a TTM revenue of ₹181 Cr against a small market cap of ₹59 Cr.
The resignation letter was issued from Germany, where the director is based.

💡 Investors should monitor for any new board appointments that might bring fresh strategic direction, particularly given the company's historical net losses and high P/E ratio of 126.0.

Resignation of Non-Executive Director Stefan Hetges Effective July 24, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Jul 2026, 06:00 PM

Mr. Stefan Hetges has resigned from his position as a Non-Executive and Non-Independent Director of Cambridge Technology Enterprises Limited (CTE) effective July 24, 2026. The resignation is attributed to his 'pre-occupation' and was submitted from Germany. This management change occurs as the micro-cap company (Market Cap ₹59 Cr) attempts to stabilize after reporting a significant net loss of ₹48.06 Cr in FY25.

Resignation of Mr. Stefan Hetges effective from the close of business hours on July 24, 2026
Company reported a TTM revenue of ₹181 Cr against a small market capitalization of ₹59 Cr
The director cited 'pre-occupation' as the primary reason for stepping down
Company recorded a net loss of ₹48.06 Cr in FY25, though the most recent Mar 2026 quarter showed a profit of ₹3.84 Cr

💡 Investors should monitor the company's upcoming board appointments to see if the vacancy is filled by an individual with specific expertise in Big Data or Data Science, which are the company's stated strategic growth pillars.

View All CTE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Consolidated revenue grew from INR 32 Cr in FY15 to INR 100 Cr in FY17, representing a total growth of 212.5%. In USD terms, revenue increased from USD 5 Mn to USD 15 Mn (200% growth) driven by four growth engines launched in 2015.

Geographic Revenue Split

The company maintains a strong focus on the U.S. market, specifically working with innovative U.S. startups, while also managing overall operations in the Asia Pacific region through 9 global offices.

Profitability Margins

Net Profit (PAT) margin improved significantly from 9.3% in FY15 (INR 3 Cr) to 17% in FY17 (INR 17 Cr). Gross profitability is driven by a shift from traditional back-end IT services to high-value front-end innovation.

EBITDA Margin

EBITDA margin stood at 22% in FY17 (INR 22 Cr), up from 18.75% in FY15 (INR 6 Cr). EBITDA grew 3x in USD terms from USD 1 Mn to USD 3.2 Mn between 2015 and 2017.

Capital Expenditure

The company has made 12 strategic investments since 2015 to fuel its growth engines. Specific INR values for physical CAPEX are not disclosed, but the company expanded from 5 to 9 offices during the 2015-2017 period.

Credit Rating & Borrowing

Total borrowings were reported at 6056.61 (units not specified, likely INR Lakhs) as of September 30, 2025. Specific credit ratings and interest rate percentages are not disclosed in the available documents.

⚙️ Operational Drivers

Raw Materials

Human Capital/Talent (350 employees) represents the primary 'raw material' for this IT services business, accounting for the bulk of operational costs.

Import Sources

Not applicable as a service-based IT company; however, the company sources 'innovation insights' and talent through its proximity to the U.S. startup ecosystem.

Key Suppliers

Not applicable for IT services; the company's primary inputs are technology platforms and human expertise rather than physical raw materials.

Capacity Expansion

Employee capacity increased 133% from 150 in 2015 to 350 in 2017. Office infrastructure expanded from 5 locations to 9 locations globally to support the 3x revenue growth.

Raw Material Costs

Employee-related costs are the primary driver; the company utilizes ESOP schemes (re-granting 3,00,000 shares at INR 40.50) as a strategy to manage talent costs and retention.

Manufacturing Efficiency

Not applicable; service efficiency is measured by the 5x growth in PAT (INR 3 Cr to INR 17 Cr) outstripping the 3x growth in revenue, indicating high operational leverage.

Logistics & Distribution

Not applicable; services are delivered digitally and through global office hubs in India (Hyderabad, Bengaluru, Mumbai) and international locations.

📈 Strategic Growth

Expected Growth Rate

50%

Growth Strategy

The company aims to reach USD 50 Mn revenue by 2020 (Vision 2020) through three streams: Organic growth in four service offerings (USD 10 Mn avg), Inorganic growth in Big Data and Data Science, and liquidity from 12 equity investments in the CI ecosystem expected within 3-5 years.

Products & Services

IT services including 'Build & Manage' technology for enterprises, Data Science insights for CxOs, Cloud services, and innovation consulting for U.S. startups.

Brand Portfolio

Cambridge Technology Enterprises (CTE), CT, and the 'CI' investment ecosystem.

New Products/Services

Expansion into Big Data and Data Science through inorganic acquisitions is expected to contribute significantly to the USD 50 Mn Vision 2020 target.

Market Expansion

Expansion of Asia Pacific operations and increasing the number of global offices from 5 to 9 to support international enterprise clients.

Market Share & Ranking

Not disclosed; the company positions itself as a niche 'front-end innovation' player compared to traditional 'back-end' Indian IT firms.

Strategic Alliances

Partnerships with 'Innovative U.S. Startups' to identify cutting-edge technologies and the CI investment ecosystem involving 12 portfolio companies.

🌍 External Factors

Industry Trends

The industry is shifting from traditional back-end cost-saving IT to front-end innovation-driven value. CTE is positioned to capture this by focusing on Data Science and Cloud rather than just maintenance.

Competitive Landscape

Competes with traditional Indian IT giants (focused on cost) and niche digital transformation consultancies (focused on innovation).

Competitive Moat

The moat is built on a unique ecosystem of 12 startup investments that provide early access to disruptive technologies, which is sustainable as long as the company maintains its 3-5 year liquidity cycle for reinvestment.

Macro Economic Sensitivity

Highly sensitive to U.S. and Indian economic performance; growth is tied to enterprise IT spending and startup funding environments.

Consumer Behavior

Enterprise CxOs are increasingly demanding data-driven decision-making tools, directly benefiting CTE's 'Insights from Data' service line.

Geopolitical Risks

Trade barriers or visa restriction changes between India and the U.S. could impact the delivery model for enterprise clients.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI Listing Obligations (LODR) 2015 and NSE/BSE circulars regarding director appointments and financial reporting.

Environmental Compliance

Not disclosed; as an IT company, ESG impact is typically focused on human capital and energy-efficient data centers.

Taxation Policy Impact

The company is subject to standard Indian corporate tax rates; current tax liabilities (net) were reported at 42.34 as of September 2025.

Legal Contingencies

The company has resolved to strike off its subsidiary, N2T1 AI Solutions Private Limited, which had nil turnover and net worth as of March 31, 2025.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the 3-5 year timeline required to generate liquidity from equity investments, which could impact cash flow if exits are delayed.