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Paramatrix Technologies Limited (PARAMATRIX)

📊 NSE: PARAMATRIX 🏢 Computers - Software - Medium / Small 📢 Latest filing: 15 Sep 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (H2 FY26)

In its latest reported quarter, H2 FY26, Paramatrix Technologies' revenue was ₹14.8 Cr (+0.1% year on year, +4.9% on the previous half-year), and net profit ₹-0.4 Cr (against a profit a year earlier); the operating margin was -11.0%.

H2 FY26 (₹ Cr)	Value	YoY vs H2 FY25	vs prev. half
Revenue	₹14.8	+0.1%	+4.9%
Operating profit	₹-1.6	to loss	to loss
Net profit	₹-0.4	to loss	to loss
EPS (₹)	-0.29	to loss	to loss
Operating margin	-11.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Paramatrix Re-Appoints Bhavna Thumar as Executive Director at 22nd AGM

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 15 Sep 2026, 03:21 PM

Paramatrix Technologies Limited announced that shareholders approved the re-appointment of Mrs. Bhavna Thumar as Executive Director at its 22nd Annual General Meeting held on September 15, 2026. Mrs. Thumar is a founding promoter with over 22 years of experience and is the spouse of Managing Director & CEO Mukesh Thumar. Her re-appointment follows retirement by rotation and aligns with her existing 5-year term approved on January 17, 2024, commencing from January 1, 2024. The filing represents standard procedural governance continuity with no change to day-to-day operations.

Re-appointment of Mrs. Bhavna Thumar approved at the 22nd AGM on September 15, 2026
Executive Director appointment aligns with 5-year term starting January 1, 2024
Mrs. Thumar brings over 22 years of experience in finance and administration management
Promoter holding currently stands at 57.05% as of March 2026

💡 Track upcoming H1 FY27 financial results to monitor operational turnaround following the net loss of Rs 0.38 crore reported in March 2026.

Paramatrix Technologies Approves All 3 Resolutions at 22nd AGM with Full Support

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 15 Sep 2026, 03:13 PM

Paramatrix Technologies Limited held its 22nd Annual General Meeting on September 15, 2026, where all three ordinary resolutions were passed with the requisite majority. Shareholders approved the standalone and consolidated financial statements for FY26 with 100% favorable votes on polled shares. Additionally, the re-appointment of Mrs. Bhavna Thumar as Executive Director was approved by non-promoter public shareholders with 99.97% votes in favor. Overall voter participation stood at 68.22% of total shares for the financial statement adoptions.

All 3 ordinary resolutions passed with requisite majority at the 22nd AGM held on 15-09-2026
Standalone and consolidated FY26 financial statements approved with 100% votes in favor (7,537,444 votes polled)
Re-appointment of Executive Director Bhavna Thumar approved by non-promoters with 99.97% favorable votes (1,334,529 votes in favor, 415 against)
Overall turnout was 68.22% for the financial statement adoptions across 798 total shareholders

💡 Track the company's subsequent quarterly financial performance and progress on its overseas expansion initiatives.

Paramatrix Technologies Concludes 22nd AGM; Ordinary Business Put to Vote

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 15 Sep 2026, 01:38 PM

Paramatrix Technologies Limited conducted its 22nd Annual General Meeting on September 15, 2026, through video conferencing. The meeting transacted three ordinary resolutions, including the adoption of FY2025-26 standalone and consolidated financial statements, alongside the re-appointment of retiring director Mrs. Bhavna Thumar. A total of 16 members attended the meeting, and no qualifications or adverse remarks were present in the auditors' reports. Voting results and scrutinizer reports are scheduled to be disclosed on or before September 17, 2026.

22nd Annual General Meeting conducted virtually on September 15, 2026
16 members attended the meeting through video conferencing
3 ordinary resolutions considered, including FY26 accounts adoption and director re-appointment
Final scrutinizer voting results to be announced on or before September 17, 2026

💡 Track the formal scrutinizer voting results expected by September 17, 2026, and focus on upcoming quarterly earnings to monitor operational performance.

Paramatrix Technologies Issues 22nd AGM Notice; Sets Cut-Off Date as Sept 8, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 19 Aug 2026, 01:50 PM

Paramatrix Technologies has dispatched letters containing weblinks to the FY 2025-26 Annual Report and AGM Notice for shareholders without registered emails, in compliance with Regulation 36(1)(b) of SEBI LODR. The 22nd Annual General Meeting is scheduled for Tuesday, September 15, 2026, at 11:30 AM IST via video conferencing. The cut-off date to determine e-voting eligibility is Tuesday, September 8, 2026. Remote e-voting will run from September 10, 2026 (9:00 AM) to September 14, 2026 (5:00 PM).

22nd Annual General Meeting scheduled for September 15, 2026, at 11:30 AM IST via VC/OAVM
Cut-off date for e-voting entitlement set as September 8, 2026
Remote e-voting window open from September 10, 2026 (9:00 AM) to September 14, 2026 (5:00 PM)
Communication sent to shareholders appearing on the register as of August 14, 2026

💡 Eligible shareholders should note the September 8, 2026 cut-off date to participate in e-voting and review the FY26 Annual Report for operational and strategic updates.

Paramatrix Technologies Schedules 22nd AGM for Sept 15, 2026; Issues FY26 Annual Report

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 19 Aug 2026, 01:40 PM

Paramatrix Technologies Limited has issued the Notice for its 22nd Annual General Meeting (AGM) scheduled for September 15, 2026, via Video Conferencing. The cut-off date for e-voting entitlement is September 8, 2026, with the remote e-voting window running from September 10 to September 14, 2026. The accompanying Annual Report reports FY2025-26 consolidated total income of ₹32.57 crore, EBITDA of ₹4.46 crore, and profit after tax of ₹2.61 crore. Key corporate milestones noted include increasing its stake in Metasys Software to 76% and entering the Japan market.

22nd Annual General Meeting scheduled for September 15, 2026, at 11:30 AM via VC/OAVM
E-voting cut-off date set as September 8, 2026; remote voting open from September 10 to September 14, 2026
FY2025-26 consolidated total income reported at ₹32.57 crore with PAT of ₹2.61 crore
Increased stake in subsidiary Metasys Software Private Limited to 76% as of June 10, 2026
Completed voluntary buyback of 4,60,800 equity shares at ₹130/share returning ₹5.99 crore to shareholders

💡 Shareholders eligible as of the September 8, 2026 cut-off date can participate in remote e-voting and monitor voting outcomes post-AGM.

Paramatrix Extends IPO Proceeds Utilization to 2028; Re-appoints Auditors and Director

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 11 Aug 2026, 05:23 PM

Paramatrix Technologies has extended the timeline for utilizing its unutilized IPO proceeds to March 31, 2028, citing geopolitical uncertainties and international business volatility. The Board also approved the re-appointment of Mrs. Bhavna Thumar as Executive Director, subject to shareholder approval at the upcoming 22nd AGM. Additionally, the company confirmed the re-appointment of its Secretarial and Internal Auditors for FY 2026-27. These administrative updates follow a TTM revenue performance of Rs 57 Cr and a recent quarterly loss of Rs 0.38 Cr in March 2026.

Timeline for utilization of unutilized IPO proceeds extended to March 31, 2028
Re-appointment of Mrs. Bhavna Thumar as Executive Director for a term ending December 31, 2028
M/s. Deep Shukla & Associates and M/s. L. B. Kale & Co. re-appointed as auditors for FY 2026-27
22nd Annual General Meeting (AGM) to be conducted via Video Conferencing
TTM revenue stands at Rs 57 Cr with a 9.7% operating profit margin

💡 Investors should review the upcoming Annual Report for specific details on the 'unutilized' portion of IPO funds and monitor the execution of the Japan and Middle East expansion strategies.

Paramatrix Extends IPO Proceeds Utilization Timeline to March 2028

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 11 Aug 2026, 05:03 PM

Paramatrix Technologies has extended the deadline for utilizing its unutilized IPO proceeds to March 31, 2028, citing geopolitical uncertainties and international business volatility. The Board also approved the re-appointment of Mrs. Bhavna Thumar as Executive Director and confirmed the 22nd Annual General Meeting (AGM) details. Additionally, M/s. Deep Shukla & Associates and M/s. L. B. Kale & Co. were re-appointed as Secretarial and Internal Auditors respectively for FY 2026-27. This follows a fiscal year where the company reported TTM revenue of ₹57 Cr but faced a net loss of ₹0.38 Cr in the March 2026 quarter.

Extension of the timeline for utilizing unutilized IPO proceeds until March 31, 2028
Re-appointment of Executive Director Mrs. Bhavna Thumar, who has over 22 years of experience
TTM Revenue stands at ₹57 Cr, though the company reported a ₹0.38 Cr loss in the March 2026 quarter
Top 10 clients contribute 94.33% of total revenue, indicating high concentration risk
Re-appointment of Internal and Secretarial Auditors for the Financial Year 2026-27

💡 Investors should review the upcoming Annual Report for FY 2025-26 to understand the specific reasons for the delay in IPO fund deployment and the progress of the Japan and Middle East expansion strategies.

View All PARAMATRIX Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Consolidated total income reached INR 31.33 Cr in FY25. H2 FY25 total income grew 14.46% YoY to INR 16.60 Cr from INR 14.50 Cr. Net sales for the full year stood at INR 28.61 Cr, supported by multi-year service contracts in BFSI and enterprise sectors.

Geographic Revenue Split

Domestic (India) operations contribute 73% (approx. INR 22.87 Cr), while International operations contribute 27% (approx. INR 8.46 Cr) through subsidiaries in Singapore, Hong Kong, and the newly established Japan entity.

Profitability Margins

Net Profit Margin improved to 18.39% in FY25 from 14.45% in FY24, a growth of 394 bps. Consolidated Net Profit for FY25 was INR 5.76 Cr, with H2 FY25 profit growing 46.85% YoY to INR 3.41 Cr.

EBITDA Margin

EBITDA Margin stood at 25.99% in FY25, up 619 bps from 19.80% in FY24. Absolute EBITDA was INR 8.14 Cr, driven by operational efficiency, better resource utilization, and a favorable project mix.

Capital Expenditure

The company announced a buyback of INR 5.99 Cr in 2025 and invested in the acquisition of a 51% stake in Paramatrix Japan for ¥5.1 million (510 shares at ¥10,000 each). Further capital is allocated for the 100% acquisition of Metasys Software.

Credit Rating & Borrowing

The company is debt-free as of March 31, 2025, maintaining a strong cash and bank balance of INR 45.36 Cr. Interest costs were reported at INR 0.00 for H2 FY25.

⚙️ Operational Drivers

Raw Materials

Human Capital/Technical Talent represents the primary cost, with Employee Costs accounting for INR 8.60 Cr in H2 FY25, which is approximately 51.8% of total income.

Import Sources

Talent is primarily sourced from India (Maharashtra/Navi Mumbai headquarters), with localized hiring for international subsidiaries in Singapore, Hong Kong, and Japan.

Key Suppliers

Key technology partners include Microsoft, AWS, Oracle, and IBM, who provide the cloud and software infrastructure necessary for service delivery.

Capacity Expansion

Current infrastructure includes 5 offices serving 19 countries with 250+ employees. Expansion is focused on global delivery centers, specifically the new Japan step-down subsidiary and the acquisition of Metasys Software in Mumbai.

Raw Material Costs

Employee costs increased to INR 8.60 Cr in H2 FY25 from INR 7.97 Cr in H2 FY24, a 7.9% increase, reflecting the need for specialized skills in AI, Cloud, and Cybersecurity.

Manufacturing Efficiency

Service delivery efficiency is tracked via project mix and utilization rates; EBITDA margin expansion of 619 bps indicates high operational leverage and efficient project execution.

Logistics & Distribution

Not applicable; services are delivered digitally via secure VPN, sandbox environments, and cloud-native architectures.

📈 Strategic Growth

Expected Growth Rate

14.46%

Growth Strategy

Growth is targeted through a 'product-led disruption' model using proprietary platforms like Bulwark and EventJet. Inorganic growth is a key pillar, evidenced by the 100% acquisition of Metasys Software and the 51% stake in Paramatrix Japan to capture the Asia-Pacific market.

Products & Services

Enterprise software products (Bulwark, EventJet), AI-driven analytics platforms, Cloud services, Cybersecurity solutions, and Application Development for BFSI and Logistics sectors.

Brand Portfolio

Paramatrix, Bulwark, EventJet.

New Products/Services

Expansion of proprietary platforms Bulwark and EventJet into enterprise accounts is expected to increase recurring revenue streams and improve long-term margins.

Market Expansion

Entry into the Japan market via Paramatrix Technologies KK and increasing traction in the Middle East to diversify beyond the 73% India revenue base.

Market Share & Ranking

Not disclosed, but the company has 21+ years of expertise and has delivered 350+ projects across 11+ sectors.

Strategic Alliances

Partnerships with Microsoft, AWS, Oracle, and IBM for technology stack integration and co-delivery of digital transformation solutions.

🌍 External Factors

Industry Trends

The industry is shifting toward AI-driven analytics and cloud-native architectures. Paramatrix is positioning itself as a 'Catalyst for Digital Transformation' to capture rising enterprise demand for regulatory compliance and data visibility.

Competitive Landscape

Competes with mid-tier IT firms and specialized cybersecurity boutiques; differentiation is achieved through proprietary product platforms (Bulwark/EventJet).

Competitive Moat

Moat is built on deep domain expertise in BFSI compliance (SEBI/RBI standards) and long-standing client relationships (low churn), which are sustainable due to high switching costs in core financial systems.

Macro Economic Sensitivity

Sensitive to digital transformation spending in the BFSI sector; global macro-political developments in Singapore and Hong Kong impact 27% of revenue.

Consumer Behavior

Enterprises are moving from CAPEX-heavy IT to OPEX-based cloud models, favoring Paramatrix’s modular design and cloud-native service offerings.

Geopolitical Risks

Operations in Hong Kong and Singapore subject the company to regional regulatory shifts and trade dynamics in the Asia-Pacific region.

⚖️ Regulatory & Governance

Industry Regulations

Strict adherence to SEBI, RBI, and ISO-compliant standards is required for its BFSI client base; compliance with the Companies Act 2013 and SEBI Listing Obligations (LODR) 2015.

Environmental Compliance

Not disclosed as a material cost for IT services operations.

Taxation Policy Impact

Effective tax rate for H2 FY25 was approximately 19.6% (INR 0.83 Cr tax on INR 4.24 Cr PBT).

Legal Contingencies

No significant material orders passed by regulators or courts that impact the going concern status; no proceedings pending under the Insolvency and Bankruptcy Code 2016.