Cura Technologies Limited (CURAA)
₹73.40 +2.23% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Cura Technologies' revenue was ₹0.0 Cr (-65.7% year on year, -89.3% on the previous quarter), and net profit ₹-0.3 Cr (a bigger loss than a year earlier); the operating margin was -274.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -65.7% | -89.3% |
| Operating profit | ₹-0.1 | loss widened | loss narrowed |
| Net profit | ₹-0.3 | loss widened | loss narrowed |
| EPS (₹) | -0.28 | loss widened | loss narrowed |
| Operating margin | -274.1% | — | — |
CURAA exchange data
NSE end-of-day data for
It closed at a price band (circuit) on 5 sessions in about the last 20.
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
Cura Technologies Limited has issued notice for its 35th Annual General Meeting (AGM) to be held virtually on September 28, 2026. The cut-off date to determine shareholder voting eligibility is September 21, 2026, with the remote e-voting period spanning September 25 to September 27, 2026. Ordinary business includes the adoption of FY26 financial statements and the re-appointment of Managing Director SSRK Mohan Babu upon rotation. The disclosure also notes the appointment of Gundam Vijaya Sarathi Reddy as CFO effective July 30, 2026.
- 35th AGM scheduled for September 28, 2026 at 11:00 AM via video conferencing
- Record/cut-off date for voting eligibility set as September 21, 2026
- Remote e-voting period runs from 9:00 AM on September 25 to 5:00 PM on September 27, 2026
- CFO transition noted: Gundam Vijaya Sarathi Reddy appointed effective July 30, 2026 following S. Sai Kiran's resignation
Cura Technologies reported a weak set of Q1 FY27 results with revenue falling 65.7% YoY to just ₹4.82 Lakhs. The company swung to a net loss of ₹27.78 Lakhs for the quarter, compared to a marginal profit of ₹0.93 Lakhs in the same period last year. Alongside the results, the company announced the resignation of Mr. Sangareddypeta Saikiran as Whole-time Director and CFO. He is replaced by Mr. Gundam Vijaya Sarathi Reddy, who brings over 20 years of experience in finance and accounting.
- Revenue from operations declined sharply to ₹4.82 Lakhs in Q1 FY27 from ₹14.06 Lakhs in Q1 FY26.
- The company posted a net loss of ₹27.78 Lakhs for the quarter ended June 30, 2026.
- Total expenses of ₹32.60 Lakhs significantly outpaced total income of ₹4.82 Lakhs, driven by depreciation and other expenses.
- Mr. Gundam Vijaya Sarathi Reddy appointed as CFO effective July 30, 2026, following the resignation of the previous CFO.
- The 35th Annual General Meeting (AGM) is scheduled for September 28, 2026.
Cura Technologies reported a weak Q1 FY27 with revenue from operations falling 65.7% YoY to Rs 4.82 Lakhs compared to Rs 14.06 Lakhs in Q1 FY26. The net loss widened significantly to Rs 27.78 Lakhs from a loss of Rs 0.93 Lakhs in the year-ago period, primarily due to higher depreciation and other expenses. The company also announced a key management change, with Mr. Gundam Vijaya Sarathi Reddy replacing Mr. Sangareddypeta Saikiran as CFO. Given the company's micro-cap status (Rs 15 Cr) and ongoing revival plan, these results indicate continued operational struggles.
- Revenue from operations dropped to Rs 4.82 Lakhs in Q1 FY27 from Rs 14.06 Lakhs in Q1 FY26.
- Net loss for the quarter widened to Rs 27.78 Lakhs, compared to a loss of Rs 0.93 Lakhs in the same quarter last year.
- Total expenses stood at Rs 32.60 Lakhs, significantly exceeding the total income of Rs 4.82 Lakhs.
- Appointment of Mr. Gundam Vijaya Sarathi Reddy as CFO effective July 30, 2026, following the resignation of the previous CFO.
- 35th Annual General Meeting (AGM) scheduled for September 28, 2026.
Cura Technologies has declared non-applicability of mandatory quarterly corporate governance reporting for Q1 FY 2026-27. Under SEBI Regulation 15(2), companies with paid-up capital below Rs 10 crore and net worth below Rs 25 crore are exempt from these disclosures. As of March 31, 2026, the company reported a paid-up capital of Rs 9.90 crore and a net worth of Rs 6.38 crore. While the company is undergoing a revival post-NCLT approval, its current financial scale remains below the regulatory threshold for detailed governance reporting.
- Paid-up equity share capital stood at Rs 990.00 lakhs as of March 31, 2026
- Net worth was reported at Rs 638.39 lakhs, well below the Rs 25 crore SEBI threshold
- Paid-up capital increased from Rs 195.00 lakhs in FY 2023-24 to Rs 990.00 lakhs in FY 2025-26
- Net worth grew from Rs 58.13 lakhs in FY 2023-24 to Rs 638.39 lakhs in FY 2025-26 following restructuring
Cura Technologies has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Share Transfer Agent (RTA) confirmed that no requests for dematerialization or rematerialization were received during the quarter ended June 30, 2026. Notably, the RTA stated that the entire holding of the company's shares is already in demat form. This is a standard procedural filing confirming regulatory adherence.
- Quarterly compliance certificate submitted for the period ended June 30, 2026
- 100% of the company's shares are confirmed to be in dematerialized form
- Zero requests for dematerialization or rematerialization were received during the quarter
- Certificate issued by Venture Capital and Corporate Investments Private Limited (RTA)
Cura Technologies Limited has responded to a clarification sought by the National Stock Exchange (NSE) regarding the absence of segment reporting in its financial results for the quarter ended March 31, 2026. The company clarified that it operates exclusively in a single business segment, namely Information Technology (IT) and IT-enabled services. Consequently, separate segment-wise reporting is not applicable under SEBI regulations. This follows the company's recent restructuring and merger with Catalog IT Solutions in early 2025.
- Company operates in 1 single segment: Information Technology (IT) and IT-enabled services
- Clarification issued in response to NSE query dated July 5, 2026
- Company reported a marginal revenue of ₹0.1199 cr in the December 2025 quarter
- Merger with Catalog IT Solutions became effective on February 13, 2025
- TTM EPS stands at ₹-1.31 reflecting ongoing recovery post-NCLT revival
Cura Technologies Limited has responded to a clarification request from the National Stock Exchange (NSE) regarding its financial results for the quarter ended March 31, 2025. The exchange had flagged the absence of segment-wise reporting in the company's initial submission. The company clarified that it operates exclusively in a single business segment, namely Information Technology (IT) and IT-enabled services. As per accounting standards and SEBI regulations, segment reporting is not applicable to companies operating in only one segment.
- NSE sought clarification on April 14, 2026, regarding missing segment details in the March 2025 results.
- Company officially responded on April 15, 2026, confirming single-segment operations in IT services.
- The clarification addresses compliance requirements under Regulation 33 of SEBI (LODR) Regulations, 2015.
- Management has requested the Exchange to close the query based on this submission.
Cura Technologies Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure is in anticipation of the board meeting to approve the unaudited financial results for the quarter ending June 30, 2026. The window will remain closed for all designated persons and their immediate relatives until 48 hours after the results are declared. The specific date for the board meeting to announce the results will be communicated separately.
- Trading window closure commences on July 1, 2026.
- Closure is related to the consideration of unaudited financial results for the quarter ended June 30, 2026.
- The restriction remains in effect until 48 hours after the financial results are officially declared.
- Applies to all designated persons, connected persons, and their immediate relatives as per the Company's Code of Conduct.
Cura Technologies reported a net loss of ₹148.45 lakhs for the financial year ended March 31, 2026, compared to a loss of ₹66.30 lakhs in the previous year. While the company generated revenue of ₹53.49 lakhs in FY26 (up from zero in FY25), total expenses surged to ₹201.95 lakhs. The company also announced the appointment of new internal and secretarial auditors for the 2026-27 fiscal year and saw a significant increase in its equity share capital base.
- Annual revenue from operations stood at ₹53.49 lakhs in FY26, compared to zero revenue in FY25.
- Net loss for the year widened significantly to ₹148.45 lakhs from ₹66.30 lakhs year-on-year.
- Finance costs were a major drag on earnings, totaling ₹56.20 lakhs for the full year.
- Paid-up equity share capital increased to ₹900.00 lakhs from ₹195.00 lakhs in the previous year.
- Appointed M/s. Pavan Reddy & Associates as Internal Auditors and M/s. Aakanksha Dubey & Co. as Secretarial Auditors for FY 2026-27.
Cura Technologies Limited reported a total income of ₹53.40 Lakhs for the financial year ended March 31, 2026, compared to nil revenue in the previous year. Despite the revenue growth, the company's net loss widened significantly to ₹148.45 Lakhs from a loss of ₹66.30 Lakhs in FY25. The bottom line was heavily impacted by a surge in finance costs (₹56.20 Lakhs) and other expenses (₹61.40 Lakhs). For the final quarter (Q4 FY26), the company posted a loss of ₹147.83 Lakhs, reversing a small profit of ₹2.53 Lakhs in the year-ago period.
- Annual revenue from operations increased to ₹53.40 Lakhs in FY26 from zero in FY25.
- Net loss for the full year widened by 124% to ₹148.45 Lakhs compared to ₹66.30 Lakhs in the previous fiscal.
- Finance costs spiked to ₹56.20 Lakhs, which alone exceeded the total revenue generated during the year.
- Total assets grew to ₹2,314.02 Lakhs, primarily supported by Goodwill and Intangible Assets totaling over ₹1,600 Lakhs.
- The Board appointed M/s. Pavan Reddy & Associates as Internal Auditors and M/s. Aakanksha Dubey & Co. as Secretarial Auditors for FY 2026-27.
Cura Technologies Limited has submitted its Structured Digital Database (SDD) compliance certificate for the financial year ending March 31, 2026. The company confirmed that it captured all 12 required events involving Unpublished Price Sensitive Information (UPSI) during the period. The database is maintained internally, is non-tamperable, and includes an audit trail as per SEBI (Prohibition of Insider Trading) Regulations. This filing indicates that the company is following standard protocols to prevent insider trading and maintain transparency.
- Successfully captured 12 out of 12 required UPSI events for the financial year ended March 31, 2026
- Maintained a non-tamperable internal database with an audit trail capability for 8 years
- Reported zero non-compliances for the previous financial year ended March 31, 2025
- Compliance certified by Practicing Company Secretary Vivek Surana & Associates
Cura Technologies Limited held an Extraordinary General Meeting on April 24, 2026, where shareholders approved seven key resolutions. Significant approvals include the appointment of Mr. Saraswathula Sivaramakrishna Mohan Babu as Managing Director and the re-designation of Mrs. Sanjana Lagumavarapu as a Non-Executive Director. Investors should note the approval to increase borrowing limits and create charges on company assets, which provides the board with greater financial flexibility for future operations. Additionally, new limits for loans, guarantees, and investments were established under Section 186 of the Companies Act.
- Appointment of Mr. Saraswathula Sivaramakrishna Mohan Babu as Managing Director confirmed by shareholders.
- Approval granted to increase borrowing limits and create mortgages or charges on company assets.
- Shareholders approved overall limits for loans, guarantees, and investments under Section 186 of the Companies Act.
- A total of 8,240,977 votes were polled, representing approximately 83.24% of the total share capital.
- Adoption of new Articles of Association in conformity with the Companies Act, 2013 was finalized.
Cura Technologies Limited held its first Extraordinary General Meeting for FY 2026-27 on April 24, 2026, where shareholders approved seven key resolutions. A major highlight was the appointment of Mr. Saraswathula Sivaramakrishna Mohan Babu as the Managing Director. Shareholders also granted approval to increase borrowing limits and create mortgages or charges on company assets under the Companies Act. The meeting saw a high turnout with 83.24% of total shares participating in the voting process, and all resolutions passed with near-unanimous support.
- Appointment of Mr. Saraswathula Sivaramakrishna Mohan Babu as Managing Director approved by shareholders.
- Shareholders authorized increased borrowing limits under Section 180(1)(c) and creation of charges on assets under Section 180(1)(a).
- Approval granted for overall limits under Section 186 for loans, guarantees, and investments by the company.
- Total of 8,240,977 votes were polled out of 9,900,000 total shares, representing an 83.24% participation rate.
- Adoption of new Articles of Association in conformity with the Companies Act, 2013 was finalized.
Cura Technologies Limited has declared non-applicability for submitting the Corporate Governance Report for the quarter ended March 31, 2026. The company qualifies for this exemption under SEBI (LODR) Regulation 15(2) as its paid-up share capital and net worth are below the mandatory thresholds. Specifically, its paid-up capital is ₹9.15 crores and net worth is ₹7.12 crores, both below the ₹10 crore and ₹25 crore limits respectively. This is a routine disclosure for small-cap entities and does not impact business operations.
- Paid-up share capital is ₹915 Lakhs, remaining under the ₹10 Crore regulatory limit.
- Net worth as of March 31, 2025, is ₹711.84 Lakhs, well below the ₹25 Crore threshold.
- Company is exempt from Regulation 27(2) regarding Corporate Governance Report submissions.
- Net worth has shown significant recovery from -₹4.44 Lakhs in FY 2022-23 to ₹711.84 Lakhs in FY 2024-25.
Cura Technologies Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The company's Registrar and Share Transfer Agent confirmed that no requests for dematerialization or rematerialization were received during this period. Importantly, the entire shareholding of the company is already held in dematerialized form. This is a standard procedural filing with no impact on business operations or financial health.
- Compliance certificate filed for the quarter ended March 31, 2026.
- 100% of the company's shares are confirmed to be in dematerialized form.
- Zero requests for dematerialization or rematerialization were received during the quarter.
Financial Performance
Revenue Growth by Segment
Revenue not reported for FY 2025 as the company is in a revival phase post-IBC; the company operates under a single segment of software services.
Geographic Revenue Split
Not disclosed in available documents; the company is headquartered in Hyderabad, Telangana.
Profitability Margins
Operating and Net Profit margins were not feasible to calculate as revenue was not reported; EBIT was negative in FY 2025 due to operating losses.
EBITDA Margin
Negative EBIT reported; Interest Coverage Ratio was -13,117.44 in FY 2025 compared to nil in FY 2024.
Capital Expenditure
Not explicitly disclosed; however, the company is investing in human resources and infrastructure as part of its revival strategy.
Credit Rating & Borrowing
Not disclosed; company has total liabilities of INR 11.75 Cr and a Debt-Equity ratio of 1.65 as of March 31, 2025.
Operational Drivers
Raw Materials
Not applicable for software services; primary operational costs are human resources and IT infrastructure.
Key Suppliers
Not disclosed; company is focused on internal restructuring and recruitment of senior personnel.
Capacity Expansion
Current capacity not disclosed in units; company is strengthening departments with competent personnel as part of its revival plan.
Raw Material Costs
Not applicable; company reported zero inventory held or consumed in FY 2025 and FY 2024.
Manufacturing Efficiency
Not applicable; company is a service provider in the IT sector.
Strategic Growth
Expected Growth Rate
10%
Growth Strategy
Revival through NCLT approved plan, merger with Catalog IT Solutions Private Limited (effective February 13, 2025), and expansion into AI, cloud, and cybersecurity services to leverage the projected USD 350 billion India IT sector by 2026.
Products & Services
Software services, cybersecurity solutions, AI-powered tech, and digital platforms.
Brand Portfolio
Cura Technologies.
New Products/Services
Focus on generative AI, private cloud solutions, and cybersecurity services; expected revenue contribution not yet quantified.
Market Expansion
Targeting the US market recovery and mid-tier firm growth in the IT sector for FY 2025-26.
Market Share & Ranking
Not disclosed; company is positioning itself as a mid-tier competitor in the evolving IT landscape.
Strategic Alliances
Amalgamation with Catalog IT Solutions Private Limited as per NCLT Hyderabad Bench orders.
External Factors
Industry Trends
India's IT sector is projected to reach USD 350 billion by 2026, contributing 10% to GDP, driven by AI, cloud, and cybersecurity adoption.
Competitive Landscape
Key competitors include larger IT firms and emerging tech startups; industry is shifting toward mid-tier firms outpacing larger competitors.
Competitive Moat
Revival status post-IBC and strategic merger with Catalog IT Solutions provides a fresh capital base and operational structure to compete in high-growth tech segments.
Macro Economic Sensitivity
Sensitive to global economic headwinds and US market recovery, which drive demand for India's IT exports.
Consumer Behavior
Rapid adoption of AI and digital platforms by global enterprises is driving demand for specialized software services.
Geopolitical Risks
Economic and political conditions in India and global volatility in interest rates are identified as key risks.
Regulatory & Governance
Industry Regulations
Compliance with NCLT orders, SEBI (LODR) Regulations 2015, and the Companies Act 2013; company is regularizing all filings post-revival.
Environmental Compliance
Not disclosed; company operates in the IT services sector with low environmental impact.
Taxation Policy Impact
Company is regular in depositing undisputed statutory dues including Income-tax and GST; no dues of Wealth tax or customs duty are in dispute.
Legal Contingencies
Pending litigations disclosed in financial statements; company has disclosed the impact of these on its financial position, though specific case values are not aggregated in the summary.
Risk Analysis
Key Uncertainties
Negative EBIT and a low current ratio of 0.17 indicate significant liquidity risk; lack of an enabled audit trail in accounting software poses data integrity risks.
Geographic Concentration Risk
Not disclosed; operations are currently centered in Hyderabad, India.
Third Party Dependencies
Dependency on the successful integration of Catalog IT Solutions and the recruitment of senior management to drive the revival plan.
Technology Obsolescence Risk
High risk in the IT sector; company is mitigating this by focusing on AI, cloud, and cybersecurity transformation.
Credit & Counterparty Risk
No trade receivables or credit sales reported for FY 2025, indicating minimal current credit exposure.