GSS Infotech Limited (GSS)
₹10.41 +2.06% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, GSS Infotech's revenue was ₹23.5 Cr (-2.1% year on year, -16.1% on the previous quarter), and net profit ₹0.1 Cr (against a loss a year earlier); the operating margin was 4.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹23.5 | -2.1% | -16.1% |
| Operating profit | ₹1.0 | — | -75.5% |
| Net profit | ₹0.1 | from loss | from loss |
| EPS (₹) | 0.06 | from loss | from loss |
| Operating margin | 4.2% | — | — |
GSS delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 82.76% of the GSS shares traded on NSE were taken to delivery, against the stock's own 20-session average of 69.63%. That is higher than usual for this stock. Turnover was only ₹3 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 70.8% · 52.1% · 66.6% · 51.0% · 82.8%
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
GSS Infotech Limited has submitted the voting results and scrutinizer's report for its 23rd Annual General Meeting held on September 25, 2026. All four resolutions were passed with requisite majorities, including the adoption of FY26 financial statements and the reappointment of Bhargav Marepally as Managing Director for 5 years with 98.83% of polled votes in favour. Overall voter turnout was low, with only 18.07% of outstanding shares voting on general resolutions and zero participation from public institutions.
- All 4 resolutions passed, including FY26 financial statements adoption and director appointments.
- Bhargav Marepally appointed as Managing Director for a 5-year tenure with 98.83% votes in favour (14,18,030 votes).
- Overall voter turnout stood at 18.07% (47,25,961 votes polled out of 2,61,56,843 total shares).
- Public institutional participation was nil (0 out of 5,85,250 institutional shares voted).
GSS Infotech Limited has announced the schedule for its 23rd Annual General Meeting (AGM), set to take place on Friday, September 25, 2026, at 11:00 AM. The company has fixed September 18, 2026, as the record date for determining shareholder eligibility for e-voting. Additionally, the register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026 (both days inclusive). This is a routine administrative compliance filing with no impact on business operations or financials.
- 23rd Annual General Meeting scheduled for September 25, 2026, at 11:00 AM
- Record date for e-voting eligibility fixed as September 18, 2026
- Book closure period scheduled from September 19, 2026, to September 25, 2026
GSS Infotech has scheduled its 23rd Annual General Meeting (AGM) for Friday, September 25, 2026, at 11:00 AM. The company has fixed September 18, 2026, as the record date to determine member entitlement for casting e-votes. Additionally, the register of members and share transfer books will remain closed from September 19 to September 25, 2026. This is a standard annual corporate governance intimation.
- 23rd Annual General Meeting scheduled for September 25, 2026, at 11:00 AM
- Record date fixed as September 18, 2026, for e-voting eligibility
- Book closure period set from September 19, 2026, to September 25, 2026
- Board approval for the AGM recommendation was completed on August 28, 2026
GSS Infotech Limited has issued the notice for its 23rd Annual General Meeting scheduled for September 25, 2026, alongside publishing its Annual Report for FY 2025-26. Key agenda items include the reappointment of Mr. Bhargav Marepally as Managing Director for a 5-year tenure from July 14, 2026, to July 13, 2031, and the adoption of audited financial statements. The auditor's report annexure also notes an advance/loan of Rs 248.16 lakhs extended to subsidiary Polimeraas Retail Private Limited during the fiscal year.
- 23rd Annual General Meeting scheduled for September 25, 2026, at 11:00 AM IST via video conferencing
- Special business proposal to appoint Mr. Bhargav Marepally as Managing Director for a 5-year term from July 14, 2026, to July 13, 2031
- Auditor notes Rs 248.16 lakhs in loans/advances granted to wholly owned subsidiary Polimeraas Retail Private Limited during the year
- Re-appointment of retiring director Mr. Rambabu Sampangi Kaipa put forth for shareholder approval
GSS Infotech has finalized the schedule for its 23rd Annual General Meeting (AGM), set to take place on September 25, 2026, via Video Conferencing. The cut-off date for electronic voting is fixed as September 18, 2026, with remote e-voting running from September 22 to September 24, 2026. The Board also approved the re-appointment of Non-Executive Independent Director Mr. Chaitanya Challa for a second 5-year term starting November 5, 2026, subject to shareholder approval, and appointed M/s Gopi and Co as Internal Auditors for FY 2026-27.
- 23rd Annual General Meeting scheduled for September 25, 2026, at 11:00 AM via VC/OAVM
- E-voting cut-off date fixed as September 18, 2026; voting window open from September 22 to September 24, 2026
- Share transfer books and register of members closed from September 19 to September 25, 2026
- Proposed reappointment of Mr. Chaitanya Challa as Independent Director for a 5-year term from November 5, 2026
- M/s Gopi and Co, Chartered Accountants, appointed as Internal Auditors for FY 2026-27
GSS Infotech reported standalone revenue from operations of ₹23.50 Cr for Q1 ended June 30, 2026, marking a slight increase of 1.8% YoY from ₹23.08 Cr in Q1 FY26. The company turned profitable at the standalone level, posting a net profit of ₹0.15 Cr (14.83 Lakhs) compared to a net loss of ₹1.52 Cr in the prior year period. Total standalone expenses declined 7.7% YoY to ₹23.36 Cr, aided by reduced direct and administrative expenses. Standalone basic EPS improved to ₹0.06 from ₹(0.58) in Q1 FY26.
- Standalone Revenue from operations rose 1.8% YoY to ₹23.50 Cr (2,350.34 Lakhs)
- Standalone PAT turned positive at ₹0.15 Cr (14.83 Lakhs) vs Net Loss of ₹1.52 Cr in Q1 FY26
- Total Standalone Expenses reduced by 7.7% YoY to ₹23.36 Cr (2,335.56 Lakhs)
- Basic EPS for Q1 FY27 stood at ₹0.06 compared to ₹(0.58) in Q1 FY26
GSS Infotech Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that the company has adhered to the requirements for dematerialization of shares for the quarter ended June 30, 2026. This is a standard procedural requirement for all listed entities in India to ensure the integrity of the shareholding records. No material financial information or business updates were disclosed in this specific filing.
- Compliance certificate submitted for the quarter ended June 30, 2026
- Filing completed on July 16, 2026, as per SEBI timelines
- Adherence to Regulation 74(5) regarding share dematerialization
- Reference to BSE Scrip Code 532951 and NSE Symbol GSS
GSS Infotech responded to an NSE query regarding the missing Unique Document Identification Number (UDIN) in its financial results for the quarter ended June 30, 2025. The company explained that technical issues prevented the auditor from generating the UDIN on the submission date of August 5, 2025, though it was successfully generated the following day on August 6, 2025. This is a procedural clarification addressing a historical administrative gap and does not alter the reported financial figures. Investors should remain focused on the company's broader financial health, including a TTM loss of Rs 51 Cr.
- Clarification pertains to the Limited Review Report for the quarter ended June 30, 2025.
- UDIN was generated on August 6, 2025, one day after the results were submitted to the exchange.
- The Exchange query prompting this response was issued on June 25, 2026.
- Company reported a net loss of Rs 2.0 Cr for the specific quarter (June 2025) under discussion.
GSS Infotech has approved the re-appointment of its founder, Mr. Bhargav Marepally, as Managing Director and CEO for a five-year term effective July 14, 2026. This follows the expiration of his previous tenure on July 13, 2026. The leadership continuity comes at a challenging time for the company, which reported a TTM net loss of ₹51 Cr on revenue of ₹88 Cr. The appointment is subject to shareholder approval at the upcoming Annual General Meeting.
- Re-appointment of Mr. Bhargav Marepally as MD & CEO for a 5-year term starting July 14, 2026
- Company reported a significant TTM net loss of ₹51 Cr as of March 2026
- Promoter holding is relatively low at 12.71% as of the latest filing
- Debt levels remain high at ₹161 Cr against a net worth of ₹187 Cr (D/E ratio of 0.86)
- Mr. Marepally brings over 25 years of experience and holds a double Master's degree from BITS Pilani
The Board of GSS Infotech has approved the re-appointment of Mr. Bhargav Marepally as Managing Director for a five-year term starting July 14, 2026. This follows the expiration of his previous tenure on July 13, 2026. The appointment is subject to shareholder approval at the upcoming Annual General Meeting and Central Government approval where applicable. This move ensures leadership continuity as the company navigates a challenging financial period, having reported a TTM net loss of Rs 51 Cr.
- Re-appointment of Mr. Bhargav Marepally as Managing Director for a 5-year term effective July 14, 2026
- Mr. Marepally brings over 25 years of experience in the IT Services Industry and holds a double Master’s from BITS, Pilani
- The company reported a significant net loss of Rs 49 Cr in the most recent quarter (March 2026)
- Promoter holding remains low at 12.71% as of March 2026
- The appointment is subject to shareholder approval at the forthcoming AGM
GSS Infotech has announced the closure of its trading window for all designated persons effective July 01, 2026. This is a standard regulatory procedure ahead of the declaration of unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the results are officially announced. Investors should note the company reported a significant net loss of ‹49 Cr in the preceding quarter (March 2026).
- Trading window closure effective from July 01, 2026, for all designated persons.
- Closure is in relation to the financial results for the first quarter ending June 30, 2026.
- Window to reopen 48 hours after the board meeting results are disclosed.
- Company reported a TTM revenue of ‹88 Cr and a TTM PAT of ‹-51 Cr.
GSS Infotech Limited has submitted its annual disclosure under Regulation 31(4) of the SEBI (SAST) Regulations for the financial year ended March 31, 2026. Promoter Bhargav Marepally, representing the promoter group and persons acting in concert, declared that no new encumbrances were created on their shares during the period. This filing is a mandatory annual confirmation ensuring transparency regarding the status of promoter share pledges. It confirms that any existing encumbrances have already been disclosed to the exchanges as per requirements.
- Promoter Bhargav Marepally issued the declaration for the financial year ending March 31, 2026.
- The disclosure confirms no additional or 'other' encumbrances were made, directly or indirectly, during the year.
- The filing complies with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The declaration covers the entire promoter group and persons acting in concert (PAC).
GSS Infotech reported a significant net loss of ₹52.57 crore for the quarter ended March 31, 2026, primarily due to a one-time exceptional loss of ₹52.12 crore related to the diminution in value of its investment in Polimeraas Limited. Revenue from operations for Q4 stood at ₹1.96 crore, down 30.6% from ₹2.82 crore in the same quarter last year. For the full year FY26, the company posted a net loss of ₹52.08 crore compared to a profit of ₹1.10 crore in FY25. The core operations also showed weakness, recording a loss before exceptional items of ₹22.91 lakhs in Q4.
- Net Loss of ₹52.57 crore in Q4 FY26 compared to a profit of ₹70.34 lakhs in Q4 FY25.
- Exceptional loss of ₹52.12 crore recognized for the year due to loss in value of investments in Polimeraas Limited.
- Quarterly revenue from operations declined by 30.6% YoY to ₹1.96 crore.
- Full-year FY26 Earnings Per Share (EPS) plummeted to negative ₹19.91 from ₹0.42 in FY25.
- Standalone total income for the full year FY26 decreased to ₹8.25 crore from ₹9.38 crore in FY25.
GSS Infotech Limited has announced the successful passage of an ordinary resolution via postal ballot for the appointment of Ms. Barsha Agrawal as a Non-Executive Non-Independent Director. The resolution received overwhelming support, with 99.83% of the total 5,010,453 valid votes cast in favor. The appointment is effective from February 12, 2026, and she will be liable to retire by rotation. Both promoters and institutional investors showed unanimous support, voting 100% in favor of the resolution.
- Ms. Barsha Agrawal appointed as Non-Executive Non-Independent Director effective Feb 12, 2026
- Resolution passed with a 99.83% majority, totaling 5,002,340 votes in favor
- Promoter group and Public Institutions both voted 100% in favor of the appointment
- Total of 5,010,453 valid electronic votes were recorded during the postal ballot process
GSS Infotech has responded to a clarification sought by the National Stock Exchange regarding its financial results for the quarter ended September 30, 2025. The company admitted that due to an inadvertent oversight, half-yearly figures were incorrectly reported instead of quarterly figures in the initial XBRL submission. A revised XBRL filing with the correct quarterly data has now been submitted to the exchange. This correction ensures regulatory compliance and data accuracy for investors tracking the company's performance.
- NSE sought clarification regarding Regulation 33 of SEBI LODR for the quarter ended Sept 30, 2025.
- Company admitted to an inadvertent oversight where half-yearly figures were reported instead of quarterly figures.
- Revised XBRL with correct quarterly figures has been submitted as of April 16, 2026.
- The company has assured the exchange of due care in future regulatory submissions.
Financial Performance
Revenue Growth by Segment
Standalone revenue from operations decreased by 19.37% YoY to INR 8.88 Cr in FY25 from INR 11.01 Cr in FY24. Consolidated revenue for FY21 was INR 115.93 Cr.
Geographic Revenue Split
Not explicitly split by percentage, but the company operates in India (Hyderabad) and the USA (Connecticut, New York) through subsidiaries like GSS Infotech Inc.
Profitability Margins
Standalone Net Profit Margin improved to 12.38% in FY25 from 2.79% in FY24. Consolidated Net Profit Margin in FY21 was -3.17%.
EBITDA Margin
Standalone EBITDA margin improved to 16.98% in FY25 from 14.14% in FY24, driven by a 15.4% reduction in employee benefit expenses.
Capital Expenditure
Standalone capital expenditure on property, plant, and equipment was INR 0.0165 Cr in FY25, down from INR 0.0498 Cr in FY24.
Credit Rating & Borrowing
Rated 'CRISIL B/Stable/CRISIL A4 Issuer Not Cooperating'. Standalone non-current borrowings increased to INR 161.76 Cr as of March 31, 2025, from zero in the previous year.
Operational Drivers
Raw Materials
Human capital (IT professionals) representing 41.5% of standalone revenue (INR 3.69 Cr).
Capacity Expansion
Not disclosed in units; focus is on service delivery capacity through global subsidiaries.
Raw Material Costs
Employee benefit expenses (primary input) were INR 3.69 Cr, a 15.4% YoY decrease from INR 4.36 Cr in FY24.
Strategic Growth
Growth Strategy
Leveraging CMMI Level 5 status to win high-maturity IT/ITES contracts and expanding healthcare IT solutions through specialized subsidiaries like GSS Healthcare IT Solutions Pvt Ltd.
Products & Services
IT-enabled solutions, software development services, and healthcare IT services.
Brand Portfolio
GSS Infotech.
Market Expansion
Targeting global IT markets with a focus on India and the USA.
Strategic Alliances
Subsidiaries include GSS Infotech Inc. (USA), GSS IT Solutions Pvt Ltd (India), and GSS Healthcare IT Solutions Pvt Ltd.
External Factors
Industry Trends
IT industry shifting towards digital transformation and cloud services; GSS's CMMI Level 5 status positions it for high-maturity projects.
Competitive Landscape
Competes with mid-tier IT service providers and global ITES firms.
Competitive Moat
CMMI Level 5 certification provides a process-based moat, though 'Issuer Not Cooperating' status poses a transparency risk that could affect institutional client trust.
Macro Economic Sensitivity
Highly sensitive to global IT spending trends and USD-INR exchange rate fluctuations.
Consumer Behavior
Increased demand for outsourced healthcare IT management and digital-first enterprise solutions.
Geopolitical Risks
Changes in US visa policies or trade barriers could disrupt onsite service delivery and increase operational costs.
Regulatory & Governance
Industry Regulations
Compliance with IT laws, data privacy standards (HIPAA for healthcare), and CMMI process standards.
Taxation Policy Impact
Effective tax rate of 24.6% in FY25 (INR 0.36 Cr tax on INR 1.46 Cr PBT).
Legal Contingencies
Pending litigations are disclosed as having a potential impact on the financial position, though specific case values in INR were not provided.
Risk Analysis
Key Uncertainties
Information adequacy risk due to non-cooperation with credit rating agencies, which restricts forward-looking credit assessments.
Geographic Concentration Risk
High exposure to the US market through multiple subsidiaries including GSS Infotech CT Inc and Infovision Technologies Inc.
Third Party Dependencies
Reliance on M/s. Rambabu & Co. for statutory auditing and limited review reports.
Technology Obsolescence Risk
Risk of service obsolescence if skills are not continuously upgraded to match shifts in AI and Cloud technology.
Credit & Counterparty Risk
Standalone trade receivables of INR 0.69 Cr as of March 2025.
