Equippp Social Impact Technologies Limited (EQUIPPP)
₹20.80 +3.33% last close, 16 Oct
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Equippp Social's revenue was ₹12.4 Cr (+116.7% year on year), and net profit ₹1.0 Cr (-38.0% year on year); the operating margin was 12.0%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹12.4 | +116.7% | — |
| Operating profit | ₹1.5 | -35.8% | — |
| Net profit | ₹1.0 | -38.0% | from loss |
| EPS (₹) | 0.09 | -40.0% | from loss |
| Operating margin | 12.0% | — | — |
EQUIPPP exchange data
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📢 Recent Corporate Announcements
EQUIPPP Social Impact Technologies is acting as an advisor and technology platform provider for Grace Cancer Foundation's (GCF) Zero Coupon Zero Principal (ZCZP) issue on the NSE Social Stock Exchange. The proposed issue size is ₹1 crore with a minimum application size of ₹1,000, scheduled to open from 7 October to 9 October 2026. EQUIPPP will provide its IP platforms, book-building tools, and supporting frameworks for the process. In addition, GCF has committed to supporting cancer screening activities in two pilot constituencies under EQUIPPP's C-DSB initiative covering 119 constituencies in Telangana.
- Grace Cancer Foundation to open a ₹1 crore ZCZP issue on the NSE Social Stock Exchange.
- Issue open dates set from 7 October to 9 October 2026 with a minimum application size of ₹1,000.
- EQUIPPP acts as advisor and provides IP platforms, book-building tools, and frameworks (advisory fees not disclosed).
- GCF to support cancer screening across 2 pilot constituencies out of 119 in Telangana under the C-DSB initiative.
Equippp Social Impact Technologies Limited concluded its 34th Annual General Meeting (AGM) held on September 30, 2026. A total of 6 resolutions were considered and passed with requisite majorities, each receiving over 99.9% votes in favour out of 84,133,710 total votes polled. Key approvals include the adoption of FY26 financial statements, the re-appointment of Mrs. Vindhya Dronamraju as Whole-Time Director for 5 years starting November 5, 2026, and the re-appointment of Dr. Narendra Mairpady as Independent Director for a 5-year term. Public non-institutional turnout was 29.63% (3,864,317 votes polled), while promoter participation stood at 89.13% (80,269,393 votes polled).
- All 6 resolutions passed with over 99.99% approval on polled votes
- Total votes polled stood at 84,133,710, representing 81.61% of total outstanding shares
- Re-appointment of Whole-Time Director Mrs. Vindhya Dronamraju approved for a 5-year term from November 5, 2026
- Re-appointment of Independent Director Dr. Narendra Mairpady approved for a second 5-year term from November 5, 2026
- Public non-institutional voter turnout recorded at 29.63% with 3,864,317 shares voted
EQUIPPP Social Impact Technologies submitted clarifications to NSE regarding the legibility and segment reporting of its Q1 financial results for the quarter ended June 30, 2026. The company clarified that it operates under a single reporting segment, 'IT and IT-enabled Services,' and re-submitted readable financial statements. Consolidated revenue from operations for the quarter stood at ₹12.72 crore (₹1,272.16 lakhs) compared to ₹9.51 crore (₹951.25 lakhs) in the prior-year period. Consolidated net profit reached ₹29.56 lakhs, while the auditor drew attention to overdue trade receivables of ₹77.37 lakhs.
- Resubmitted Q1 June 30, 2026 results addressing NSE queries on scan legibility and segment reporting disclosures
- Consolidated revenue from operations reported at ₹1,272.16 lakhs vs ₹951.25 lakhs in Q1 June 2025
- Consolidated net profit for the quarter stood at ₹29.56 lakhs vs ₹25.94 lakhs in Q1 June 2025
- Auditor highlighted overdue trade receivables of ₹77.37 lakhs as of June 30, 2026, of which ₹5.00 lakhs was collected on July 10, 2026
EQUIPPP Social Impact Technologies Limited has issued communications to shareholders who have not registered their email addresses, providing web-link and QR code access to the FY2025-26 Integrated Annual Report pursuant to SEBI Regulation 36(1)(b). The company scheduled its 34th Annual General Meeting for Wednesday, September 30, 2026, at 03:00 PM IST via video conferencing. The cut-off date to determine e-voting eligibility is September 23, 2026, with remote e-voting running from September 27 to September 29, 2026.
- 34th Annual General Meeting scheduled for Wednesday, September 30, 2026, at 03:00 P.M. IST
- Cut-off date for e-voting entitlement fixed as Wednesday, September 23, 2026
- Remote e-voting window opens September 27, 2026 (09:00 AM IST) and ends September 29, 2026 (05:00 PM IST)
- Letter sent with QR code and web-link for FY2025-26 Integrated Annual Report access under SEBI Regulation 36(1)(b)
Equippp Social Impact Technologies has issued the notice for its 34th Annual General Meeting (AGM) scheduled for September 30, 2026, alongside publishing its FY26 Integrated Annual Report. The voting cut-off date has been set for September 23, 2026. The agenda includes the adoption of FY26 financial statements, the appointment of Mr. Vegendla Srinivasa Rao as a Non-Executive Director, the re-appointment of Mrs. Vindhya Dronamraju as Whole-Time Director for 5 years without managerial remuneration, and the re-appointment of Dr. Narendra Mairpady as Independent Director for a second 5-year term.
- 34th Annual General Meeting scheduled for September 30, 2026 at 03:00 PM IST via VC/OAVM
- Shareholder voting cut-off date established as September 23, 2026
- Re-appointment of Whole-time Director Mrs. Vindhya Dronamraju for a 5-year tenure starting November 5, 2026
- Re-appointment of Dr. Narendra Mairpady as Independent Director for a 5-year term from November 5, 2026
EQUIPPP Social Impact Technologies held a board meeting on August 12, 2026, to approve its Q1 FY27 unaudited financial results. The board confirmed the re-appointment of Dr. Narendra Mairpady (Independent Director) and Mrs. Vindhya Dronamraju (Whole-time Director) for second five-year terms starting November 5, 2026. Additionally, M/s. GBM & Associates was re-appointed as Internal Auditors for FY 2026-27. These moves ensure leadership continuity for the small-cap firm, which currently carries a high P/E of 155.8 and a promoter holding of 87.35%.
- Re-appointment of two key directors for 5-year terms effective from November 5, 2026
- Retention of M/s. GBM & Associates as Internal Auditors for the 2026-27 financial year
- Approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026
- Promoter holding remains concentrated at 87.35% as of the latest filings
- Board meeting concluded after 2 hours and 45 minutes of deliberation
EQUIPPP Social Impact Technologies approved its unaudited financial results for the quarter ended June 30, 2026. The board confirmed the re-appointment of Dr. Narendra Mairpady (Independent Director) and Mrs. Vindhya Dronamraju (Whole-time Director) for second 5-year terms starting November 2026. Additionally, the company appointed Mr. Vegendla Srinivasa Rao, a former Chief Digital Officer at Tech Mahindra, as a Non-Executive Director. These leadership moves aim to provide stability for the company, which currently operates with a small net worth of Rs 6 Cr and a high P/E of 155.8.
- Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026
- Re-appointed Dr. Narendra Mairpady as Independent Director for a 5-year term (Nov 2026 - Nov 2031)
- Re-appointed Mrs. Vindhya Dronamraju as Whole-time Director for a 5-year term (Nov 2026 - Nov 2031)
- Appointed Mr. Vegendla Srinivasa Rao, former Chief Digital Officer of Tech Mahindra, as a Non-Executive Director
- Re-appointed GBM & Associates as Internal Auditors for the financial year 2026-27
EQUIPPP has entered into a Memorandum of Understanding (MoU) with the Telangana State Legislature Secretariat to develop 119 Constituency Development & Sustainability Bridge Foundations. To execute this, the company is establishing a dedicated Project Management Office (PMO) led by newly appointed director Mr. Vegendla Srinivasa Rao, the former Chief Digital Officer of Tech Mahindra. The project aims to scale the company's proprietary 'Concept-to-Commissioning' model, which targets recurring revenue from technology licensing and professional services. For a company with TTM revenue of just ₹33 Cr, scaling to 119 constituencies represents a major potential expansion of its IP-led business.
- MoU signed for 119 Constituency Development & Sustainability Bridge Foundations in Telangana
- Appointment of Mr. Vegendla Srinivasa Rao, former Chief Digital Officer at Tech Mahindra, as Additional Director
- Establishment of a Project Management Office (PMO) to lead a pilot project and create a scalable framework
- Business model targets recurring revenue through technology, implementation, and licensing without cost to the government
- Promoter holding remains high at 87.35% as of March 2026
EQUIPPP has signed a Memorandum of Understanding (MoU) with the Telangana State Legislature Secretariat to build and operate 119 Constituency Development & Sustainability Bridge Foundations. This project aims to scale the company's proprietary 'Concept-to-Commissioning' model, generating revenue through technology licensing and implementation services. To lead this initiative, the board has appointed Mr. Vegendla Srinivasa Rao, former Chief Digital Officer of Tech Mahindra, as an Additional Director. Given the company's TTM revenue of ₹33 Cr, scaling this model across 119 constituencies represents a significant potential expansion of its IP-led business.
- MoU signed for 119 Constituency Development & Sustainability Bridge Foundations in Telangana
- Appointment of Mr. Vegendla Srinivasa Rao, former Chief Digital Officer of Tech Mahindra, as Additional Director
- Establishment of a dedicated Project Management Office (PMO) to execute a pilot project and future CDX opportunities
- Revenue model based on technology implementation and licensing without direct cost to the government
- Project aims to replicate successful institutional models like Karya Foundation and BFSI Consortium at scale
EQUIPPP has signed a Memorandum of Understanding (MoU) with the Telangana State Legislature Secretariat to establish 119 Constituency Development & Sustainability Bridge Foundations. The company will provide technology platforms, AI solutions, and managed services to these foundations under a Build-Operate-Transfer (BOT) model. Notably, there is no financial obligation on the Government of Telangana; EQUIPPP's services will be funded through resources mobilized by the foundations from CSR, grants, and impact investments. This represents a massive scale-up of the company's P4 (Public-Private-People-Partnership) model relative to its TTM revenue of Rs 33 Cr.
- 119 foundations to be established, one for each Assembly Constituency in Telangana
- 0 financial burden on the State Government; funding to be mobilized via CSR and impact investments
- EQUIPPP to deploy AI Social-Tech Professionals and operate the Constituency Development Exchange (CDX) platform
- Foundations will eventually be transferred to the Government of Telangana as they achieve sustainable scale
- Project follows a successful sandbox session conducted on 30th December 2025 at IIIT Hyderabad
EQUIPPP has executed an MoU with the Telangana State Legislature Secretariat to build, operate, and transfer 119 Constituency Development & Sustainability Bridge Foundations across the state. The company will act as the technology and implementation partner, providing its CDX platform and AI Social-Tech professionals to these independent Section 8 organizations. While the Government of Telangana has no financial obligation, EQUIPPP will earn revenue through service arrangements funded by resources mobilized from CSR, grants, and impact investments. This state-wide project is highly material given the company's small TTM revenue of Rs 33 Cr.
- Establishment of 119 foundations, one for each Assembly Constituency in Telangana, under a BOT model.
- EQUIPPP to provide technology platforms, AI solutions, and managed services to the foundations.
- Zero financial obligation on the Government of Telangana; funding to be mobilized via CSR and impact investments.
- Deployment of AI Social-Tech Professionals to support project planning and impact reporting across all constituencies.
- The initiative follows a pilot/sandbox session conducted on 30th December 2025 at IIIT Hyderabad.
Equippp Social Impact Technologies Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar and Share Transfer Agent M/s. CIL Securities Limited, confirms the processing of share certificates for the quarter ended June 30, 2026. This is a standard administrative filing required for all listed companies to ensure the integrity of the depository system. It has no impact on the company's financial performance or business operations.
- Compliance certificate submitted for the quarter ended June 30, 2026
- Certificate issued by Registrar and Share Transfer Agent M/s. CIL Securities Limited
- Filing submitted to stock exchanges on July 14, 2026
- Company maintains a TTM revenue of ₹33 Cr and PAT of ₹1 Cr
EQUIPPP Social Impact Technologies has signed a Memorandum of Understanding (MoU) with the Telangana Academy for Skill and Knowledge (TASK) to launch the EQUIPPP Fellows Program. This first-of-its-kind initiative will develop field-ready professionals with domain knowledge and technology skills specifically for the social impact sector. TASK will act as a finishing-school partner, exclusively training and supplying talent to EQUIPPP for deployment in Government, CSR, and non-profit projects. The program includes a 6 to 12-month training period with a hybrid learning model and guaranteed full-time absorption upon completion.
- Strategic MoU with TASK, Department of ITE&C, Government of Telangana for talent development.
- Exclusive talent pipeline where TASK will train and supply resources solely for EQUIPPP's requirements.
- Program duration of 6 months to 1 year featuring a hybrid model of field experience and formal training.
- Full-time employment absorption for candidates who successfully complete the fellowship program.
- Focus on providing skilled resources for CSR agencies, non-profits, and government stakeholders.
Equippp Social Impact Technologies Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting July 1, 2026. This closure is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's quarterly financial reporting. The window is being closed to facilitate the consideration of unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The trading window will reopen 48 hours after the results are officially declared to the stock exchanges.
- Trading window closure effective from Wednesday, July 1, 2026.
- Closure pertains to the review of Unaudited Financial Results for the quarter ended June 30, 2026.
- Trading window to reopen 48 hours after the declaration of standalone and consolidated results.
- The specific date for the Board Meeting to approve the results will be communicated at a later date.
Equippp Social Impact Technologies reported a total income of ₹150.49 Lakhs for FY26, representing a growth from ₹130.03 Lakhs in FY25. The company achieved a turnaround in Q4 FY26 with a net profit of ₹7.35 Lakhs, compared to a loss of ₹16.58 Lakhs in the same quarter of the previous year. For the full year, the net loss was drastically reduced to just ₹0.35 Lakhs from a loss of ₹43.01 Lakhs in FY25. The company is currently focusing on its digital platforms, including a pilot Skill Census initiative in Telangana.
- Total annual income increased to ₹150.49 Lakhs in FY26 from ₹130.03 Lakhs in FY25.
- Q4 FY26 net profit stood at ₹7.35 Lakhs versus a loss of ₹16.58 Lakhs in Q4 FY25.
- Full-year net loss narrowed significantly to ₹0.35 Lakhs from ₹43.01 Lakhs year-on-year.
- Non-current borrowings increased to ₹9.44 Crores as of March 31, 2026, from ₹7.98 Crores in the previous year.
- Company is undertaking a pilot Skill Census initiative in Telangana in collaboration with TASK.
Financial Performance
Revenue Growth by Segment
IT business vertical: Maintained steady revenues (specific growth % not disclosed). IP vertical: Progressing with strategic Proofs of Concept (PoCs) for P4 models to enable social infrastructure. Total consolidated income from operations for H1 FY26 reached INR 20.38 Cr, which is 100% of the total revenue reported for the entire previous fiscal year (FY25: INR 20.38 Cr).
Profitability Margins
Operating Profit Margin: 9.32% in FY25, a significant recovery from -1.88% in FY24 (up 595.74%). Net Profit Margin: -34.07% in FY25, declining from -8.01% in FY24 (down 325.37%) due to increased operating expenses. H1 FY26 Net Profit stood at INR 0.61 Cr.
EBITDA Margin
Operating Profit Margin was 9.32% in FY25, reflecting core profitability improvements from -1.88% in FY24 (up 595.74% YoY) as the company reduced operating expenses.
Capital Expenditure
Investing activities for H1 FY26 involved an outflow of INR 1.22 Cr, primarily for the purchase of fixed assets and CWIP Intangible assets to support the IP vertical's development.
Operational Drivers
Raw Materials
Not applicable for IT/IP service sector. The company's primary 'input' is human capital.
Capacity Expansion
Not applicable for service sector; the company is focusing on 'inorganic scale' through strategic partnerships to expand its IP vertical.
Raw Material Costs
Employee benefits expense for H1 FY26 was INR 14.60 Cr, representing 71.6% of total income. This is the primary cost driver, and any increase in talent acquisition costs directly impacts the bottom line.
Strategic Growth
Expected Growth Rate
100%
Growth Strategy
EQUIPPP plans to achieve growth by evolving P4 models for social infrastructure through strategic Proofs of Concept (PoCs) and pursuing inorganic scale via strategic partnerships. The IT vertical provides a steady revenue base (INR 20.38 Cr in H1 FY26) to fund these IP-led expansions.
Products & Services
IT services and IP-based P4 models for social infrastructure.
Brand Portfolio
EQUIPPP, Equivas, Technogen.
New Products/Services
P4 models for social infrastructure (IP vertical) and strategic PoCs are the primary new focus areas.
Market Expansion
Targeting social infrastructure creation through P4 models; specific regions not disclosed.
Strategic Alliances
Strategic partnerships are being pursued to achieve inorganic scale in the IP vertical.
External Factors
Industry Trends
The social impact technology sector is growing, with a shift towards tech-enabled social infrastructure. EQUIPPP is positioning itself through P4 models and strategic partnerships to capture this evolving market.
Competitive Moat
The company's moat is built on its specialized 'P4 models' for social infrastructure and strategic Proofs of Concept (PoCs), which create a niche market position and high switching costs for social impact projects.
Consumer Behavior
Increasing demand for transparent and tech-enabled social infrastructure and impact-driven technology models.
Regulatory & Governance
Industry Regulations
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically regarding Corporate Governance compliance for entities with net worth > INR 25 Cr.
Taxation Policy Impact
Tax expense of INR 13.34 Lakhs for H1 FY26.
Legal Contingencies
NSE has imposed penalties for non-compliance/delayed compliance with Corporate Governance provisions for FY 2024-25. The company is contesting this based on its net worth being below the INR 25 Cr threshold.
Risk Analysis
Key Uncertainties
Regulatory penalties from NSE and liquidity risks due to delayed payment receipts (Debtors turnover down 54.55%).
Third Party Dependencies
Dependency on subsidiaries like Equivas Tech Innovation and Technogen India for consolidated financial performance.
Technology Obsolescence Risk
Risk is mitigated by evolving P4 models and strategic PoCs in the IP vertical to stay ahead of social impact tech trends.
Credit & Counterparty Risk
Trade receivables of INR 11.85 Lakhs are overdue in the holding company, indicating potential credit quality issues.
