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GVP Infotech Limited (GVPTECH)

₹6.83 +3.48% last close, 16 Oct

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

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, GVP Infotech's revenue was ₹0.4 Cr (-71.7% year on year, +207.1% on the previous quarter), and net profit ₹-2.0 Cr (a smaller loss than a year earlier); the operating margin was -104.7%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹0.4	-71.7%	+207.1%
Operating profit	₹-0.5	loss narrowed	loss narrowed
Net profit	₹-2.0	loss narrowed	loss widened
EPS (₹)	-0.11	—	loss widened
Operating margin	-104.7%	—	—

Full quarterly financials → Results calendar →

GVPTECH exchange data

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

It closed at its upper price band (circuit) on 16 Oct, one of 8 band closes in about the last 20 sessions.

₹6.83NSE close · +3.48%

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

GVP Infotech Approves MOA Alteration to Expand into Digital Payments & FinTech

🟡 NEUTRAL ⭐ 4/10

EXPANSION 📅 30 Sep 2026, 09:24 PM

Shareholders of GVP Infotech approved amendments to the company's Memorandum of Association (MOA) at the 14th AGM on September 30, 2026. The alteration adds broad digital payment services including Prepaid Payment Instruments (PPIs), BBPOU operations, UPI infrastructure, TPAP roles, card processing, and POS terminals. This aligns with the company's stated pivot towards a Payment Aggregator/Payment Gateway (PA-PG) vertical. However, the company remains deeply loss-making with a FY26 net loss of Rs 91.52 Cr against TTM revenue of just Rs 6 Cr.

Shareholders approved MOA amendment at the 14th AGM as per results dated September 30, 2026
Added 5 main object sub-clauses (10 to 14) covering PPIs, BBPOU, UPI PSP/switches, and TPAP services
Added 10 ancillary sub-clauses (23 to 32) covering POS devices, soundboxes, cross-border payments, and BNPL facilitation
Company reported FY26 net loss of Rs 91.52 Cr on full-year revenue of Rs 6.49 Cr

💡 Track whether the company receives official operating licenses from the Reserve Bank of India (RBI) or NPCI approvals to operationalize these payment services.

GVP Infotech Approves FY26 Accounts, ₹0.20 Dividend, and MOA Amendment at AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 08:49 PM

GVP Infotech Limited submitted scrutinizer reports and voting results for its Annual General Meeting held on September 29, 2026. Shareholders approved all four resolutions, including the adoption of FY26 financial statements and the declaration of a dividend of ₹0.20 (10%) per equity share of face value ₹2. Additionally, shareholders approved the reappointment of director Dhaval Jitendra Kumar Mistry and passed a special resolution to amend the object clause of the Memorandum of Association (E-MOA). Promoter voting participation stood at 100% of their holding for general resolutions, securing overwhelming approval.

Declared dividend of ₹0.2/- (10%) per equity share of face value ₹2/- each approved by shareholders.
Special resolution passed to amend the object clause of the Memorandum of Association (E-MOA).
Adoption of FY26 audited financial statements passed with 137,829,265 votes in favor (100.00% of polled votes).
Total votes polled reached 137,829,276 shares, representing 75.4632% of total outstanding shares.

💡 Track the regulatory filings and implementation details regarding the amended MOA object clause, as well as the record/payout timeline for the declared ₹0.20 dividend.

GVP Infotech Issues Reminder-Cum-Forfeiture Notice for Rs 5/Share Final Call Money

🟡 NEUTRAL ⭐ 3/10

FUNDRAISE 📅 30 Sep 2026, 05:30 PM

GVP Infotech Limited has issued a reminder-cum-forfeiture notice for holders of partly paid-up equity shares who failed to pay the first and final call money. The call money payable is Rs 5.00 per share, comprising Rs 1.00 face value and Rs 4.00 securities premium. The designated payment window opens on October 5, 2026, and closes on November 3, 2026. Failure to pay within this period will result in the forfeiture of the partly paid-up shares and any amounts previously paid.

First and final call money due is Rs 5 per partly paid-up equity share (Rs 1 face value, Rs 4 premium)
Payment window set from Monday, October 5, 2026, to Tuesday, November 3, 2026 (30 days)
Relates to rights issue originally allotted pursuant to Letter of Offer dated July 1, 2025
Failure to pay by November 3, 2026, will lead to forfeiture of partly paid-up equity shares

💡 Partly paid-up shareholders must submit their payment before November 3, 2026, via ICICI Bank collection centers to prevent share forfeiture; other investors should track final collection numbers and forfeiture disclosures post-deadline.

GVP Infotech Approves Reminder-Cum-Forfeiture Notice for Partly Paid-up Shares

🟡 NEUTRAL ⭐ 3/10

FUNDRAISE 📅 30 Sep 2026, 05:19 PM

GVP Infotech's Board of Directors has approved issuing a Reminder-cum-Forfeiture Notice to holders of partly paid-up equity shares who failed to pay the First and Final Call Money. The payment window is scheduled from Monday, October 5, 2026, to Tuesday, November 3, 2026. Non-payment within this duration may result in forfeiture of the partly paid-up equity shares.

Reminder-cum-Forfeiture Notice approved for partly paid-up share call money
Payment window opens on Monday, 5th October, 2026
Payment window closes on Tuesday, 3rd November, 2026
Board meeting commenced at 03:00 P.M. and concluded at 05:00 P.M. on 30th September, 2026

💡 Holders of partly paid-up shares should track the November 3, 2026 payment deadline to prevent share forfeiture. Other investors can track the final quantum collected versus potential share forfeiture.

GVP Infotech Sets September 22, 2026 as Record Date for FY26 Dividend

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 04 Sep 2026, 03:42 PM

GVP Infotech Limited has fixed September 22, 2026, as the record date to determine shareholder eligibility for its final dividend for FY 2025-26. The dividend was recommended by the Board on May 25, 2026, and remains subject to shareholder approval at the 14th Annual General Meeting scheduled for September 29, 2026. If approved, the payout will be completed within 30 days of the AGM. The company reported FY26 annual net losses of Rs 91.52 crore on revenue of Rs 6.49 crore.

Record date set for September 22, 2026, for determining dividend entitlement
14th Annual General Meeting to be held on September 29, 2026, at 4:00 PM
Share transfer books and Register of Members closed from September 23 to September 29, 2026
Dividend payment to be executed within 30 days following approval at the AGM

💡 Track the AGM voting outcome on September 29, 2026, and ensure shares are held before the ex-dividend date to be eligible for the payout.

GVP Infotech Notice of 14th AGM: Rs 0.20/Share Dividend and MOA Alteration for Fintech Entry

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 04 Sep 2026, 03:17 PM

GVP Infotech Limited has issued the notice for its 14th Annual General Meeting scheduled for September 29, 2026. Key items on the agenda include the adoption of FY26 financial statements and approval of a final dividend of Rs 0.20 (10%) per equity share of face value Rs 2. Additionally, the company is seeking shareholder approval via special resolution to amend its Memorandum of Association (MOA) to venture into digital payments, UPI, PPIs, and card ecosystem infrastructure.

14th Annual General Meeting convened for September 29, 2026, at 4:00 PM IST via video conferencing.
Proposed final dividend of Rs 0.20 (10%) per equity share of face value Rs 2 for FY26.
Special resolution to amend Object Clause of MOA to expand into PPIs, BBPOU, UPI, TPAP, and digital payment systems.
Re-appointment of director Mr. Dhaval Jitendra Kumar Mistry, who represents 13,76,51,590 shares as Trustee of Linkstar Trust.

💡 Track shareholder voting results post-AGM on September 29, 2026, and monitor subsequent regulatory approvals (e.g., RBI licenses) required for operationalizing the proposed digital payment services.

GVP Infotech Approves MOA Alteration to Expand into UPI, PPI & Digital Payments

🟡 NEUTRAL ⭐ 4/10

EXPANSION 📅 26 Aug 2026, 06:09 PM

GVP Infotech's Board approved an amendment to its Memorandum of Association (MOA) Object Clause to facilitate entry into digital payments and fintech infrastructure. The amendment introduces 5 new main object sub-clauses and 10 ancillary sub-clauses covering Prepaid Payment Instruments (PPIs), BBPOU bill payments, UPI PSP/TPAP systems, card management, and POS/soundbox devices. The proposed alterations are subject to shareholder approval at the upcoming Annual General Meeting (AGM) and relevant regulatory compliance including RBI guidelines. This procedural step aligns with the company's strategy to pivot toward digital payments amid weak core financials (TTM revenue of Rs 6 Cr and TTM net loss of Rs 92 Cr).

Approved insertion of 5 new main object sub-clauses (10 to 14) covering PPIs, BBPOU, UPI infrastructure, card issuance, and TPAP services
Approved insertion of 10 new ancillary sub-clauses (23 to 32) spanning POS devices, QR systems, soundbox solutions, and fraud analytics
Proposed MOA amendments are subject to shareholder approval at the ensuing Annual General Meeting
Board meeting commenced at 4:00 p.m. and concluded at 4:17 p.m. on August 26, 2026

💡 Track shareholder voting results at the upcoming AGM and subsequent regulatory approvals/licensing milestones required from the RBI to operationalize payment services.

GVP Infotech Appoints K Chetan & Associates as Internal Auditor for FY 2026-27

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 26 Aug 2026, 06:06 PM

GVP Infotech Limited has appointed M/s. K Chetan & Associates as its Internal Auditor for FY 2026-27. The appointment was approved by the Board of Directors during their meeting on August 26, 2026, based on Audit Committee recommendations. M/s. K Chetan & Associates is an Ahmedabad-based CA firm handling auditing and assurance services. This is a procedural corporate governance filing with no direct financial impact on the company.

Appointed M/s. K Chetan & Associates as Internal Auditor for FY 2026-27
Board meeting approving the appointment concluded on August 26, 2026 (4:00 PM to 4:17 PM IST)
Appointment made pursuant to recommendations from the Audit Committee

💡 Track upcoming quarterly financial statements for signs of operational improvement and progress on the company's PA-PG business vertical.

GVP Infotech Re-Appoints Dhaval Mistry as Director Retiring by Rotation

🟡 NEUTRAL ⭐ 2/10

MANAGEMENT 📅 26 Aug 2026, 06:02 PM

GVP Infotech Limited has announced the re-appointment of Mr. Dhaval Jitendra Kumar Mistry as a Non-Executive Non-Independent Director, following his retirement by rotation. The re-appointment is subject to shareholder approval at the company's upcoming 14th Annual General Meeting. Mr. Mistry is a Chartered Accountant and Company Secretary with over 17 years of experience in finance and corporate compliance. The decision was approved by the Board in its meeting on August 26, 2026.

Re-appointment of Mr. Dhaval Mistry as Non-Executive Non-Independent Director approved by Board
Subject to approval by shareholders at the ensuing 14th Annual General Meeting
Director brings over 17 years of experience in accounting, auditing, and corporate compliance
Board meeting conducted on August 26, 2026, from 4:00 PM to 4:17 PM

💡 Track voting outcomes at the upcoming 14th AGM along with the company's core quarterly financial performance.

Q1 PAT at ₹3.67 Cr on ₹4.95 Cr Deposit Forfeiture; Operational Revenue Drops to ₹3.33 Lakh

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 05:10 PM

GVP Infotech reported a Standalone Net Profit of ₹3.67 Cr for Q1 FY27 (quarter ended June 30, 2026), compared to ₹2.10 Cr in Q1 FY26 and a loss of ₹2.02 Cr in Q4 FY26. However, reported profitability was driven entirely by an exceptional gain of ₹4.95 Cr from the forfeiture of vendor security deposits. Core revenue from operations collapsed by 99.2% YoY to just ₹3.33 Lakh (down from ₹409.82 Lakh in Q1 FY26), resulting in an operating loss of ₹1.61 Cr before exceptional items. Additionally, the statutory auditor included an Emphasis of Matter noting the absence of adequate documentary evidence to independently corroborate the extinguishment of the ₹4.95 Cr deposit liability.

Revenue from operations fell 99.2% YoY to ₹3.33 Lakh in Q1 FY27 versus ₹409.82 Lakh in Q1 FY26.
Reported PAT stood at ₹3.67 Cr, enabled entirely by a ₹4.95 Cr one-off vendor deposit forfeiture recognized as an exceptional item.
Operations posted a pre-exceptional loss of ₹1.61 Cr as total expenses of ₹1.86 Cr far exceeded total operational income of ₹0.25 Cr.
Statutory auditor flagged the ₹4.95 Cr write-back under Emphasis of Matter due to lack of corroborating documentary evidence.

💡 Track whether core revenue can recover in subsequent quarters from the PA-PG and software verticals, and monitor any legal or audit developments concerning the ₹4.95 Cr deposit write-back.

₹20 Lakh Acquisition: GVP Infotech to Acquire 51% Stake in ESAAS Technologies

🔵 WATCH ⭐ 6/10

M&A 📅 10 Aug 2026, 06:18 PM

GVP Infotech is acquiring a 51% controlling stake in ESAAS Technologies, a DPIIT-registered fintech firm, for a cash consideration of ₹20 lakhs. The acquisition aims to support GVP's pivot into the Payment Aggregator-Payment Gateway (PA-PG) vertical by leveraging ESAAS's API-first banking infrastructure. However, the target entity's revenue has seen a sharp decline, falling from ₹2.15 crore in FY24 to ₹0.98 crore in FY26. This small-scale acquisition is expected to close within 7 working days.

Acquisition of 51% equity stake for a total cash consideration of ₹20,00,000
Target entity ESAAS Technologies reported a declining turnover of ₹98.03 lakhs in FY26, down from ₹2.15 crore in FY24
The transaction is expected to be completed within 7 working days from August 10, 2026
ESAAS is a DPIIT-registered fintech company incorporated on September 30, 2021
Post-acquisition, ESAAS Technologies will become a subsidiary of GVP Infotech

💡 Monitor the integration of ESAAS's technology into GVP's new PA-PG vertical to see if it can arrest the company's significant losses (₹91.5 cr in FY26). Investors should be cautious of the target's declining revenue trend.

1.97 Cr partly paid-up shares converted to fully paid-up after call money receipt

🟡 NEUTRAL ⭐ 4/10

FUNDRAISE 📅 24 Jul 2026, 02:42 PM

GVP Infotech has approved the conversion of 1,97,82,690 partly paid-up equity shares into fully paid-up shares. This follows the receipt of the first and final call money from a previous rights issue. Out of the 2,11,72,007 shares originally allotted, approximately 93.4% have been successfully converted. This is a procedural step to formalize the capital infusion into the company's equity base.

1,97,82,690 shares converted to fully paid-up status following call money receipt
2,11,72,007 total partly paid-up shares were originally allotted by the company
93.4% conversion rate achieved for the allotted partly paid-up shares
Board meeting concluded within 30 minutes (2:00 PM to 2:30 PM) on July 24, 2026

💡 Monitor the listing of these fully paid-up shares on the exchange and check for any remaining uncalled/unpaid capital from the balance 13.89 lakh shares.

100% Demat Shareholding Confirmed by GVPTECH for Quarter Ended June 30, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 09 Jul 2026, 07:00 PM

GVP Infotech Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The Registrar and Share Transfer Agent, Bigshare Services Private Limited, confirmed that no requests for dematerialization or rematerialization were received during the quarter ended June 30, 2026. This is because the entire shareholding of the company is already held in electronic (demat) form. This is a standard procedural filing with no impact on business operations or financials.

100% of the company's shares are currently held in demat form as of June 30, 2026
0 requests for rematerialization or dematerialization were received during the quarter
Compliance certificate was issued by Bigshare Services Private Limited on July 6, 2026
The filing confirms non-applicability of Regulation 74(5) due to existing full dematerialization

💡 No action is required as this is a routine administrative filing; investors should focus on upcoming quarterly financial results for business performance updates.

₹5 per share First and Final Call Notice for GVP Infotech Rights Issue

🟡 NEUTRAL ⭐ 4/10

FUNDRAISE 📅 30 Jun 2026, 05:07 PM

GVP Infotech has issued a call notice for the remaining ₹5 per share on its partly paid-up equity shares issued via rights in July 2025. Eligible shareholders as of the June 25, 2026 record date must make the payment between July 6 and July 20, 2026. This payment completes the ₹10 total issue price per share. Failure to pay the final installment will result in the forfeiture of the shares and the initial ₹5 already paid by the investor.

Final call money of ₹5 per share consists of ₹1 towards face value and ₹4 towards securities premium
Payment period is strictly defined for 15 days from July 6, 2026, to July 20, 2026
Trading of partly paid-up shares (ISIN: IN9382T01012) has been suspended since June 25, 2026
Total issue price of ₹10 per share is now being fully called up following the July 2025 rights allotment

💡 Eligible shareholders must ensure payment via ASBA or 3-in-1 accounts by July 20, 2026, to prevent forfeiture of their investment. Monitor the company's utilization of these funds toward its PA-PG business pivot given its current 'CARE D' credit rating.

GVP Infotech Announces Trading Window Closure from July 1, 2026, for Q1 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Jun 2026, 03:32 PM

GVP Infotech Limited has announced the closure of its trading window for all designated persons starting July 1, 2026. This is a mandatory regulatory procedure under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of financial results for the quarter ended June 30, 2026. The window will remain closed until 48 hours after the board approves and files the results with the stock exchanges. Given the company's recent financial performance, including a TTM loss of ‹92 Cr on revenue of ‹6 Cr, the upcoming results are significant for monitoring its business pivot.

Trading window closure effective from Wednesday, July 1, 2026
Closure period extends until 48 hours after the filing of unaudited financial results for the quarter ended June 30, 2026
Applies to all Directors, Key Managerial Personnel (KMPs), and Designated Persons
Company reported a TTM revenue of ‹6 Cr and a significant TTM loss of ‹92 Cr
Board meeting date for result approval to be informed in due course

💡 Monitor the upcoming board meeting date and subsequent Q1 results to see if the company's expansion into the Payment Aggregator-Payment Gateway (PA-PG) vertical is generating revenue to offset its current losses.

View All GVPTECH Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue decreased 82.11% YoY from Rs. 3325.11 Lakhs to Rs. 569.02 Lakhs. The decline is primarily attributed to a transition towards a new business vertical for PA-PG (Payment Aggregator-Payment Gateway) services.

Geographic Revenue Split

Not disclosed in available documents, though operations are primarily India-based.

Profitability Margins

Net Profit Ratio declined from 8.53% in FY24 to -46.45% in FY25. Return on Net Worth dropped from 1.67% to -1.59% due to the shift from net profit to a net loss of Rs. 264.32 Lakhs.

EBITDA Margin

EBITDA margin turned negative at -45.87% in FY25 compared to 9.69% in FY24, with EBITDA falling from Rs. 322.25 Lakhs to a loss of Rs. 261.01 Lakhs.

Capital Expenditure

The company incurred significant costs for IT infrastructure to support the new PA-PG business vertical; specific absolute INR Cr values for total capex were not disclosed.

Credit Rating & Borrowing

The company is rated 'CARE D; ISSUER NOT COOPERATING' as of August 2025, indicating default on bank facilities totaling Rs. 100.00 Cr (Rs. 30.00 Cr Long Term and Rs. 70.00 Cr Long/Short Term).

⚙️ Operational Drivers

Raw Materials

IT and electronic products including tablets, TVs, and mobile phones represent the primary traded goods, though specific cost percentages are not disclosed.

Capacity Expansion

The company is expanding its operational capacity to meet demand for software development services and digital payment infrastructure (PA-PG vertical).

Raw Material Costs

Not disclosed as a percentage of revenue; however, inventory levels decreased significantly alongside the 82.11% revenue drop.

Manufacturing Efficiency

Not applicable as the company operates in the IT trading and services sector.

📈 Strategic Growth

Growth Strategy

The company is pivoting to a new business vertical for PA-PG (Payment Aggregator-Payment Gateway) and expanding software development services. This strategy involves high initial business development and infrastructure costs to capture long-term demand in digital payments.

Products & Services

IT products (tablets, TVs, mobile phones), infrastructure support services, technical support, operations outsourcing, and PA-PG services.

Brand Portfolio

GVP Infotech (formerly Fourth Dimension Solutions).

New Products/Services

Launch of the PA-PG (Payment Aggregator-Payment Gateway) business vertical.

Market Expansion

Targeting expansion in the software development and digital payment infrastructure markets in India.

🌍 External Factors

Industry Trends

The IT sector is shifting toward integrated digital payment solutions and outsourced technical support, though it remains fragmented with high pricing pressure.

Competitive Landscape

The IT and software development sector is highly competitive with numerous players vying for the same client projects.

Competitive Moat

The company lacks a durable competitive advantage as evidenced by its 'CARE D' credit rating and the necessity of offering discounts to compete.

Macro Economic Sensitivity

Highly sensitive to digital transformation trends and government spending on smart governance and education projects.

Consumer Behavior

Increasing demand for digital payment gateways and outsourced IT infrastructure support.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with the Companies Act 2013 and international quality control norms for IT product development.

Legal Contingencies

The statutory auditor's report includes a 'Basis for Qualified Opinion' regarding provisions for doubtful debts related to Minosha India Ltd and RUDSICO.