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RELIABLE - Reliable Data

📊 NSE: RELIABLE 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/14/2025 11:47

📢 Recent Corporate Announcements

Reliable Data Services Rectifies Q3 FY26 Financial Discrepancies and Submits Clarification

🟡 NEUTRAL ⭐ 4/10

REGULATORY 📅 13 Mar 2026, 12:37 PM

Reliable Data Services Limited has responded to clarifications sought by the NSE regarding its Q3 FY26 financial results. The company addressed discrepancies in its XBRL filings where Consolidated PBT and PAT figures did not match the PDF report and provided a machine-readable version of the results. For the quarter ended December 31, 2025, the company reported a standalone revenue of ₹1213.67 lakhs and a net profit of ₹103.16 lakhs. Additionally, the board approved the appointment of Mrs. Bhoomika Aditya Gupta as an Independent Director for a five-year term.

Rectified XBRL filing discrepancies where Consolidated PBT and PAT figures were inconsistent with the PDF report.
Standalone Revenue for Q3 FY26 stood at ₹1213.67 lakhs, a decrease from ₹2050.51 lakhs in Q3 FY25.
Standalone Net Profit for the quarter fell to ₹103.16 lakhs compared to ₹231.22 lakhs in the previous year's corresponding quarter.
The BFSI segment contributed ₹776.75 lakhs to the total revenue, remaining the company's primary business driver.
Appointment of Mrs. Bhoomika Aditya Gupta as an Independent Director for a 5-year term effective February 14, 2026.

💡 While the regulatory clarification resolves reporting issues, investors should monitor the significant year-on-year decline in revenue and profitability. The stock warrants a cautious approach until operational performance stabilizes.

Reliable Data Services Seeks Approval for Independent Director Appointment via Postal Ballot

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 23 Feb 2026, 02:57 PM

Reliable Data Services Limited has issued a Postal Ballot notice to seek shareholder approval for the appointment of Mrs. Bhoomika Aditya Gupta as an Independent Director. The proposed appointment is for a five-year term effective from February 14, 2026, and requires a Special Resolution. Shareholders can cast their votes electronically between February 25 and March 26, 2026. The final results of the voting process are expected to be announced on or before March 28, 2026.

Proposed appointment of Mrs. Bhoomika Aditya Gupta as an Independent Director for a 5-year term starting February 14, 2026.
Remote e-voting period scheduled from February 25, 2026 (9:00 AM) to March 26, 2026 (5:00 PM).
Cut-off date for determining voting eligibility was February 20, 2026.
The resolution is being moved as a Special Resolution as per SEBI and Companies Act requirements.

💡 Investors should review the qualifications of the proposed director in the explanatory statement and ensure they participate in the e-voting process by the March 26 deadline. This is a routine governance matter with no immediate impact on financial performance.

Reliable Data Services to Appoint Mrs. Bhoomika Aditya Gupta as Independent Director for 5 Years

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 23 Feb 2026, 02:34 PM

Reliable Data Services Limited has issued a postal ballot notice to seek shareholder approval for the appointment of Mrs. Bhoomika Aditya Gupta as an Independent Director. The proposed appointment is for a five-year term effective from February 14, 2026. The voting process will be conducted entirely through electronic mode, with the e-voting window open from February 25 to March 26, 2026. Results of the postal ballot are expected to be declared on or before March 28, 2026.

Proposed appointment of Mrs. Bhoomika Aditya Gupta as Independent Director for a 5-year term starting Feb 14, 2026.
Remote e-voting period starts on February 25, 2026, and concludes on March 26, 2026.
Cut-off date for determining shareholder voting eligibility was February 20, 2026.
The resolution is being proposed as a Special Resolution through a postal ballot process.
Final voting results and the Scrutinizer's report will be released by March 28, 2026.

💡 Shareholders should review the director's credentials in the explanatory statement and cast their votes through the NSDL e-voting platform before the March 26 deadline. This is a routine governance matter and does not necessitate any immediate change in investment stance.

Reliable Data Services Reports Full SDD Compliance for Q3 FY26

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 21 Jan 2026, 04:18 PM

Reliable Data Services Limited has submitted its Structured Digital Database (SDD) compliance certificate for the quarter ended December 31, 2025. The certificate confirms adherence to SEBI (Prohibition of Insider Trading) Regulations, ensuring that sensitive information is handled securely. During the quarter, the company successfully captured 1 required event of Unpublished Price Sensitive Information (UPSI) in its database. The system is verified as non-tamperable with a maintained audit trail for the past 8 years.

Confirmed full compliance with Regulation 3(5) and 3(6) of SEBI (PIT) Regulations, 2015
Captured 1 specific instance of Unpublished Price Sensitive Information (UPSI) during the quarter
Maintains a non-tamperable internal database with an 8-year audit trail for data integrity
Strict access controls are in place to monitor and restrict who can access sensitive digital records

💡 This is a routine regulatory filing demonstrating the company's commitment to corporate governance and insider trading norms. No immediate investment action is required based on this report.

Reliable Data Services Submits Revised Audit Report Following SEBI Clarification

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 20 Jan 2026, 05:43 PM

Reliable Data Services Limited has addressed a clarification sought by the stock exchanges regarding its Q2 FY26 financial results. The exchange noted that the initial Limited Review Report lacked the mandatory date and place as per SEBI formats. The company has now submitted the rectified reports for both standalone and consolidated results, dated November 14, 2025. The consolidated financials for the quarter include nine subsidiaries with a total revenue of Rs. 6,912.94 lakhs and a net profit of Rs. 224.23 lakhs.

Clarified missing date and place in the original Limited Review Report for the quarter ended Sept 30, 2025
Consolidated revenue from nine subsidiaries stood at Rs. 6,912.94 lakhs for the period
Total net profit for the subsidiaries was reported at Rs. 224.23 lakhs
Total assets for the subsidiaries reached Rs. 4,146.81 lakhs as of September 30, 2025

💡 This is a routine regulatory correction of a clerical error and does not impact the company's fundamental financial performance. Investors should focus on the actual earnings growth rather than this procedural rectification.

Reliable Data Services Submits SEBI Reg 74(5) Compliance Certificate for Q3 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Jan 2026, 04:54 PM

Reliable Data Services Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the period ended December 31, 2025. The filing confirms that the company's Registrar and Share Transfer Agent, Skyline Financial Services Private Limited, has processed dematerialization requests within the stipulated 15-day timeline. The physical share certificates were mutilated and cancelled, and the depository's name was updated as the registered owner. This is a standard procedural disclosure required by Indian listing regulations to ensure the integrity of electronic shareholding records.

Compliance certificate submitted for the quarter ended December 31, 2025
Confirmation of share certificate mutilation and cancellation within 15 days of receipt
Skyline Financial Services Private Limited acted as the Registrar and Share Transfer Agent (RTA)
Verification that securities are listed on the National Stock Exchange and Bombay Stock Exchange

💡 This is a routine regulatory filing with no impact on company fundamentals or stock valuation. No action is required from investors based on this specific announcement.

Reliable Data Services Announces Trading Window Closure from January 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 29 Dec 2025, 04:45 PM

Reliable Data Services Limited has notified the exchanges regarding the closure of its trading window for all designated persons starting January 1, 2026. This closure is in compliance with SEBI Insider Trading regulations for the quarter ending December 31, 2025. The window will remain closed until 48 hours after the declaration of the company's quarterly financial results. The specific date for the board meeting to approve these results will be communicated at a later date.

Trading window closure commences on Thursday, January 1, 2026.
Closure pertains to the financial results for the quarter ended December 31, 2025.
Restriction applies to Promoters, Directors, KMPs, and Designated Persons.
Window to reopen 48 hours after the official announcement of financial results.

💡 This is a routine regulatory filing with no direct impact on stock valuation. Investors should wait for the announcement of the board meeting date to assess the upcoming quarterly performance.

View All RELIABLE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Revenue from operations, primarily back-office services, grew by 52.75% YoY, increasing from INR 5,226.09 Lakhs in FY24 to INR 7,982.95 Lakhs in FY25.

Geographic Revenue Split

Not specifically disclosed, though the company is headquartered in New Delhi and operates within the Indian regulatory framework.

Profitability Margins

Net Profit Margin improved from 6.26% in FY24 to 9.12% in FY25. Profit After Tax (PAT) surged by 122.5% YoY to INR 728.13 Lakhs from INR 327.28 Lakhs.

EBITDA Margin

EBITDA margin is approximately 18.77% in FY25 (calculated from PBT of INR 905.31 Lakhs, Finance Costs of INR 313.85 Lakhs, and Depreciation of INR 279.45 Lakhs), compared to 15.58% in FY24.

Capital Expenditure

Historical depreciation and amortization increased by 22.0% to INR 279.45 Lakhs in FY25, indicating continued investment in service infrastructure; specific planned CAPEX is not disclosed.

Credit Rating & Borrowing

The company has sanctioned working capital limits exceeding INR 5 Crores from banks secured against current assets. Long-term borrowings increased by 39.2% YoY to INR 1,188.85 Lakhs.

⚙️ Operational Drivers

Raw Materials

As a service-based company, the primary operational inputs are Employee Benefits (11.6% of revenue) and Other Expenses (75.2% of revenue).

Import Sources

Not applicable as the company is a service provider rendering back-office services.

Capacity Expansion

Not disclosed in terms of physical units; however, the 52.75% revenue growth suggests a significant expansion in service delivery capacity.

Raw Material Costs

Employee benefit expenses decreased by 23.4% YoY to INR 928.64 Lakhs, while Other Expenses increased by 87.8% YoY to INR 6,007.47 Lakhs, reflecting a shift in operational cost structure.

Manufacturing Efficiency

Not applicable; the company does not hold physical inventories and operates as a service entity.

Logistics & Distribution

Not disclosed; distribution is likely digital or service-based rather than physical logistics.

📈 Strategic Growth

Expected Growth Rate

52.75%

Growth Strategy

Growth is driven by scaling back-office service operations and leveraging a 52.75% increase in operational revenue. The strategy involves managing a shift from direct employee costs (down 23.4%) to broader operational expenses (up 87.8%) and utilizing capital gains (INR 450.34 Lakhs) to strengthen the balance sheet.

Products & Services

Back-office services, data management, and financial reporting support services.

Brand Portfolio

Reliable Data Services Limited.

New Products/Services

Not specifically disclosed, though the company is maintaining its core focus on back-office service rendering.

Market Expansion

The company is expanding its service footprint as evidenced by the 52.75% revenue jump, though specific target regions are not listed.

🌍 External Factors

Industry Trends

The industry is shifting toward mandatory audit trails and enhanced internal financial controls, which the company has adopted for the financial year ended March 31, 2025.

Competitive Landscape

The company operates in the competitive back-office and data services sector, focusing on compliance and reliable financial reporting.

Competitive Moat

The moat is based on robust internal financial controls and an unmodified audit opinion, which are critical for maintaining trust in back-office financial data services.

Macro Economic Sensitivity

Sensitive to the general outsourcing environment and corporate demand for back-office efficiency in India.

Consumer Behavior

Increased corporate reliance on outsourced back-office functions to reduce internal overhead and improve data accuracy.

Geopolitical Risks

Not disclosed as a material factor in the current standalone reporting.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with Section 133 and 134(5) of the Companies Act, 2013, and Rule 3(1) regarding audit trail maintenance in accounting software.

Environmental Compliance

Not disclosed; service-based operations have low environmental impact compared to manufacturing.

Taxation Policy Impact

The company provided INR 131.82 Lakhs for current tax in FY25, representing an effective tax rate of approximately 14.5% on PBT.

Legal Contingencies

The company has no pending litigations as per Note 28, resulting in a contingent liability value of INR 0.

⚠️ Risk Analysis

Key Uncertainties

Potential for material misstatements due to error or fraud if internal controls are overridden, and risks associated with the 57.8% increase in finance costs.