Rossell Techsys Limited (ROSSTECH)
₹1,523.50 -2.61% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Rossell Techsys' revenue was ₹154 Cr (+77.1% year on year, +8.7% on the previous quarter), and net profit ₹7.1 Cr (+116.5% year on year); the operating margin was 14.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹154 | +77.1% | +8.7% |
| Operating profit | ₹22.2 | +101.9% | +37.5% |
| Net profit | ₹7.1 | +116.5% | -5.1% |
| EPS (₹) | 1.89 | +117.2% | -5.5% |
| Operating margin | 14.4% | — | — |
ROSSTECH delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 39.17% of the ROSSTECH shares traded on NSE were taken to delivery, against the stock's own 20-session average of 33.55%. That is close to its usual level. Volume was 0.1 times its average, well below normal.
Delivery in the last 5 sessions: 34.4% · 28.6% · 35.8% · 58.9% · 39.2%
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
Rossell Techsys Limited has submitted the voting results and Scrutinizer's Report for its Extraordinary General Meeting (EGM) held on October 15, 2026. The meeting was conducted via Video Conference/Other Audio Visual Means pursuant to Regulation 44 of SEBI LODR Regulations. The company reported that the resolutions tabled before members were approved with the requisite majority. Specific details regarding the exact agenda items were not detailed in the summary body of the disclosure.
- EGM conducted on Thursday, October 15, 2026 at 10:30 A.M. (IST)
- Voting executed via remote e-voting and e-voting at the EGM
- Resolutions passed by members with requisite majority
Rossell Techsys Limited conducted an Extraordinary General Meeting (EGM) on October 15, 2026, to seek shareholder approval for a special resolution concerning the issuance, offer, and allotment of equity shares via a preferential issue. The meeting saw 52 members attending via video conferencing, following remote e-voting held between October 12 and October 14, 2026. Official scrutinizer voting results under Regulation 44(3) will be submitted separately.
- EGM held on October 15, 2026, commencing at 10:30 A.M. and concluding at 10:45 A.M. IST
- Special Resolution proposed to approve the issuance, offer, and allotment of equity shares by way of preferential issue
- Remote e-voting took place from October 12, 2026 (9:00 A.M.) to October 14, 2026 (5:00 P.M.)
- A total of 52 members attended the meeting via video conferencing
Rossell Techsys has issued a corrigendum to its October 15, 2026 EGM notice following stock exchange observations on its proposed ₹300 Cr (₹299,99,99,068) preferential issue. The issue consists of 25,72,898 equity shares to SBI Mutual Fund schemes and SBI Optimal Equity Fund, representing approximately 6.39% of post-issue capital. The corrigendum details scheme-wise share allocations (including 6,00,345 shares to SBI Conservative Hybrid and 6,00,343 to SBI ELSS) and ultimate beneficial ownership disclosures. The ₹300 Cr fundraise represents roughly 5.1% of the company's ₹5,911 Cr market cap and over 54% of its TTM revenue (₹552 Cr).
- Preferential allotment size of 25,72,898 equity shares at an aggregate consideration of ₹299,99,99,068 (~₹300 Cr)
- Issue split between various schemes of SBI Mutual Fund (5.75% post-issue) and SBI Optimal Equity Fund (0.64% post-issue)
- Corrigendum issued following stock exchange observations under SEBI Listing Regulation 28(1) for in-principle approval
- EGM scheduled for October 15, 2026, with remote e-voting commencing October 12, 2026
Rossell Techsys Limited concluded its 4th Annual General Meeting on September 24, 2026, where all 5 ordinary and special resolutions were passed with over 99.99% majority support. Shareholders approved the audited standalone and consolidated financial statements, re-appointment of retiring director Harsh Mohan Gupta, and re-appointment of independent directors Arvind Ghei and Shobhana Joshi. Additionally, a final dividend of Rs 0.30 per equity share for FY26 was formally declared.
- All 5 resolutions passed with more than 99.99% overall votes cast in favour
- Final dividend of INR 0.30 per equity share approved by shareholders
- Total of 28,736,436 votes polled out of 37,696,475 total shares (76.23% voter turnout)
- Promoter group cast 26,350,916 votes with 100% approval
Rossell Techsys has issued an EGM notice to approve a preferential allotment of 25,72,898 equity shares at ₹1,166 per share to SBI Mutual Fund schemes, raising approximately ₹300 crore. The proposed issue represents a 6.39% post-issue equity stake. Relative to the company's financials, this fundraise equals ~54% of TTM revenue (₹552 Cr) and roughly doubles its current net worth of ₹153 Cr, providing substantial balance sheet strength to fund working capital and capacity expansions. The EGM is scheduled for October 15, 2026.
- Preferential allotment of 25,72,898 equity shares at ₹1,166 per share (face value ₹2, premium ₹1,164)
- Total capital raised stands at ₹299,99,99,068 (~₹300 crore) for cash consideration
- Allottees are institutional schemes managed by SBI Mutual Fund, holding a cumulative 6.39% stake post-issue
- EGM scheduled for October 15, 2026, with remote e-voting running from October 12 to October 14, 2026
Rossell Techsys has approved a preferential allotment of up to 25,72,898 equity shares at ₹1,166 per share to raise ₹300 crore. The entire issue is subscribed by SBI Mutual Fund (5.75%) and SBI Optimal Equity Fund (0.64%), resulting in a 6.39% post-issue stake. The capital raise is significant, representing ~196% of the company's net worth (₹153 crore) and nearly double its debt burden (₹409 crore). The company will seek shareholder approval at an Extraordinary General Meeting scheduled for October 15, 2026.
- Preferential issuance of 25,72,898 equity shares at ₹1,166 per share (face value ₹2 plus premium ₹1,164)
- Total fundraising consideration aggregates to ₹299,99,99,068 (~₹300 crore)
- Allotment across two funds: SBI Mutual Fund (23,15,609 shares / 5.75%) and SBI Optimal Equity Fund (2,57,289 shares / 0.64%)
- Post-issue combined dilution/holding for the incoming investors stands at 6.39%
- Extraordinary General Meeting convened for October 15, 2026, to seek shareholder approval
Rossell Techsys Limited has published its Annual Report for FY 2025-26 and scheduled its 4th Annual General Meeting for September 24, 2026. The Board has recommended a final dividend of ₹0.30 per equity share (face value ₹2), with September 17, 2026 set as the record/cut-off date. In the Annual Report, the company highlighted FY26 consolidated revenue of ₹485.12 Cr (up 87% YoY) and PAT of ₹21.89 Cr. The company also reported an order book of ₹800 Cr, submitted bids of ₹4,500 Cr, and a newly leased 2,10,000 sq. ft. facility.
- AGM scheduled for September 24, 2026 via Video Conferencing.
- Recommended final dividend of ₹0.30 per equity share of face value ₹2 for FY 2025-26.
- Record/cut-off date for dividend and remote e-voting set for September 17, 2026.
- FY26 Annual Report confirms revenue of ₹485.12 Cr, order book of ₹800 Cr, and ₹4,500 Cr in submitted bids.
- Remote e-voting window opens September 20, 2026 (9:00 AM) and closes September 23, 2026 (5:00 PM).
Rossell Techsys has received its first order from a leading global semiconductor participant, marking a strategic entry into the semiconductor sector. The order involves manufacturing electrical wire harnesses and is scheduled for execution over a 12-month period. While the specific order value was not disclosed due to confidentiality, this win validates the company's strategy to diversify beyond its core aerospace and defense business. This development follows the company's submission of bids totaling ₹932.2 Cr in the Space and Semiconductor segments.
- First order received from a newly onboarded global semiconductor customer
- Execution timeline of 12 months for the manufacturing of electrical wire harnesses
- Aligns with the company's ₹932.2 Cr bid pipeline for Space and Semiconductor sectors
- Supports the ongoing 66% capacity expansion (150,000 sq. ft.) currently underway
Members of the promoter group of Rossell Techsys Limited sold 18,47,117 equity shares, representing a 4.9% stake, via a block deal on July 31, 2026. The transaction was valued at approximately ₹166.24 crore and was entirely acquired by Kotak Mutual Fund. This sale reduces the total promoter holding from 74.80% to 69.90%, effectively increasing the public float and institutional presence in the company.
- Aggregate sale of 18,47,117 equity shares representing 4.9% of the paid-up capital.
- Total transaction value of ₹166.24 crore executed through block deals.
- Promoter group holding decreased from 74.80% to 69.90% post-transaction.
- Kotak Mutual Fund acted as the buyer for the entire block of shares.
- Harsh Mohan Gupta & Sons (HUF) sold 15,07,849 shares, while Mr. Rishab Mohan Gupta sold 3,39,268 shares.
Rossell Techsys reported its highest-ever quarterly revenue of ₹154.71 crore for Q1 FY27, a 78% YoY increase. Profitability saw a sharp jump with PBT rising 139% YoY to ₹9.60 crore and EBITDA margins improving to 15.06%. The company secured new purchase orders worth ₹240 crore (approx. 49.5% of TTM revenue) and has a bid pipeline exceeding ₹350 crore. To fuel its 66% capacity expansion and manage working capital, the board has proposed a ₹300 crore QIP, which is nearly double its current net worth of ₹153 crore.
- Revenue from operations grew 78% YoY to ₹154.71 crore, the highest in company history.
- Secured new purchase orders worth ₹240 crore during the quarter.
- Proposed a Qualified Institutions Placement (QIP) of up to ₹300 crore to strengthen the balance sheet.
- EBITDA increased 95% YoY to ₹23.30 crore with a margin of 15.06%.
- New manufacturing facility at Aerospace Park, Bengaluru, expected to be operational in H2 FY27.
Rossell Techsys has informed exchanges regarding a media interview with CEO Senthil Balasubramanian published in The Times of India on July 29, 2026. The interview focuses on India's role as a precision engineering powerhouse in the aerospace sector. While the filing is administrative, it highlights the company's positioning within a high-growth industry where it currently generates TTM revenue of ‑485 Cr. No new financial commitments or orders were disclosed in this specific notification.
- CEO Senthil Balasubramanian featured in a Times of India article on July 29, 2026
- Company operates with a TTM revenue of ‑485 Cr and a high P/E of 157.2
- Rossell is currently executing a 66% capacity expansion (150,000 sq. ft.) to meet demand
- The company has submitted bids totaling ‑932.2 Cr in the Space and Semiconductor segments
Rossell Techsys Limited has recommended the re-appointment of Mr. Arvind Ghei and Mrs. Shobhana Joshi as Independent Directors for a second term of three years, effective September 3, 2026. Mr. Ghei brings 38 years of experience in finance and strategic consulting, while Mrs. Joshi has 37 years of experience, including serving as Secretary (Defense Finance) for the Government of India. These re-appointments, subject to shareholder approval at the upcoming Annual General Meeting, ensure leadership continuity as the company executes its 66% capacity expansion plan.
- Re-appointment of 2 Independent Directors for a 3-year term starting September 3, 2026.
- Mr. Arvind Ghei brings over 38 years of experience across finance, hospitality, and strategic consulting.
- Mrs. Shobhana Joshi brings over 37 years of experience, including a role as Secretary (Defense Finance) for the Government of India.
- The terms extend until the conclusion of the Annual General Meeting to be held in the financial year 2029.
Rossell Techsys reported a strong start to FY27 with Q1 revenue growing 78% YoY to ₹154.71 Cr and PBT surging 139% to ₹9.60 Cr. The company maintains a robust order book of ₹800 Cr, which is approximately 1.65x its TTM revenue. To support this growth, the company is planning a ₹300 Cr QIP and has secured a new 210,000 sq. ft. facility in Bengaluru dedicated to Space and Semiconductor segments. A major milestone was the onboarding of a global semiconductor OEM, with revenue execution slated to begin in Q2 FY27.
- Revenue increased 78% YoY to ₹154.71 Cr in Q1 FY27 from ₹86.99 Cr in Q1 FY26.
- Order book stands at ₹800 Cr, representing ~165% of TTM revenue.
- Proposed fundraise of up to ₹300 Cr via QIP to support capacity and working capital.
- New 210,000 sq. ft. facility (Unit IA) secured, nearly doubling existing manufacturing footprint.
- Received ₹240 Cr in new purchase orders and submitted bids worth ₹350 Cr during the quarter.
Rossell Techsys has fixed September 17, 2026, as the record date for its FY2025-26 dividend. The company reported total financial indebtedness of Rs 441.87 Cr as of June 30, 2026, which represents approximately 91% of its TTM revenue of Rs 485 Cr. The board also approved Q1 FY27 results and appointed MMAK & Co as internal auditors for the current fiscal year. The Annual General Meeting (AGM) is scheduled for September 24, 2026.
- Record date for FY2025-26 dividend fixed for September 17, 2026
- Total financial indebtedness reported at Rs 441.87 Cr as of June 30, 2026
- Debt-to-TTM Revenue ratio stands at approximately 91.1%
- MMAK & Co appointed as Internal Auditor for the financial year 2026-27
- Fourth Annual General Meeting scheduled for September 24, 2026
Rossell Techsys reported a strong start to FY27 with a Q1 EPS of ₹2.00, a significant jump from ₹0.87 in the year-ago period. The company's total indebtedness as of June 30, 2026, reached ₹441.87 Cr, primarily driven by working capital requirements. Management has fixed September 17, 2026, as the record date for the FY26 dividend. Notably, some customer contracts are still being transitioned from the demerged entity, Rossell India, though financial substance is being recognized in the current entity.
- Q1 FY27 EPS reached ₹2.00, marking a ~130% increase over the ₹0.87 reported in Q1 FY26.
- Total financial indebtedness reported at ₹441.87 Cr as of June 30, 2026, which is approximately 91% of TTM revenue.
- Record date for the FY2025-26 dividend is fixed for September 17, 2026.
- MMAK & Co appointed as Internal Auditor for the financial year 2026-27.
- Fourth Annual General Meeting (AGM) scheduled for September 24, 2026.
Financial Performance
Revenue Growth by Segment
Total revenue grew 145.3% YoY in Q2 FY26 to INR 126 Cr. H1 FY26 revenue grew 121.2% YoY to INR 212.2 Cr. Growth is driven by core Aerospace & Defense, with new contributions from Semiconductor and Space segments.
Geographic Revenue Split
Operations are split between India (manufacturing) and the USA (Rossell Techsys Inc). Specific regional % split is not disclosed, but major revenue is derived from global OEMs like Boeing and Lockheed Martin.
Profitability Margins
Gross margins are currently 37-38%. H1 FY26 PBT turned positive at INR 10.7 Cr compared to a loss of INR 5.9 Cr in H1 FY25. Margins are temporarily suppressed by FAI (First Article Inspection) learning curves on new contracts.
EBITDA Margin
H1 FY26 EBITDA margin was 12.77% (INR 27.1 Cr). Management has provided a sustainable long-term EBITDA margin guidance of 15% to 22% as production scales and efficiencies improve.
Capital Expenditure
Planned capex of INR 70 Cr for a 150,000 sq. ft. capacity expansion within existing premises. Total manufacturing area will increase from 225,000 sq. ft. to 375,000 sq. ft. over an 18-month timeline.
Credit Rating & Borrowing
Not disclosed in available documents; however, the company is evaluating a QIP of up to INR 300 Cr to strengthen the balance sheet and reduce reliance on debt for working capital.
Operational Drivers
Raw Materials
Specific raw materials include copper wires, cables, connectors, and electronic components for panels. Individual cost % per material is not disclosed.
Capacity Expansion
Current capacity is 225,000 sq. ft. Expanding by 150,000 sq. ft. (66% increase) at a cost of INR 70 Cr to meet rising demand from new space and semiconductor orders.
Raw Material Costs
Raw material costs are managed through a strategic procurement strategy aimed at reducing inventory levels while maintaining operational discipline.
Manufacturing Efficiency
Initial efficiency on new contracts is lower due to FAI requirements; efficiency is expected to improve significantly post-qualification as production becomes lean.
Strategic Growth
Expected Growth Rate
100%+
Growth Strategy
Growth will be achieved through a 66% capacity expansion, a planned INR 300 Cr QIP for working capital, and scaling new segments in Space and Semiconductors where bids totaling INR 932.2 Cr have been submitted.
Products & Services
Interconnect systems, wire harnesses, and electronic control panels for aerospace, defense, and space platforms.
Brand Portfolio
Rossell Techsys
New Products/Services
Qualified for major space programs and qualified as a supplier for a new semiconductor customer, with revenue contributions starting in Q2 FY26.
Market Expansion
Aggressive expansion into the Space and Semiconductor sectors to complement existing Aerospace and Defense leadership.
Strategic Alliances
Long-term strategic agreements with Boeing (T7 program), Lockheed Martin (Outstanding Supplier Excellence 2025), and Airbus.
External Factors
Industry Trends
The industry is shifting toward high-volume semiconductor and space technologies. Rossell is positioning itself as a future-ready leader by diversifying beyond traditional defense interconnects.
Competitive Landscape
Competes with global Tier 1 and Tier 2 aerospace and defense suppliers.
Competitive Moat
Moat is built on high entry barriers (FAI qualifications), long-term OEM partnerships, and specialized certifications (AS9110, CMMC 2.0) which are difficult for new entrants to replicate.
Macro Economic Sensitivity
Sensitive to global defense spending and aerospace production cycles.
Consumer Behavior
N/A (B2B model).
Geopolitical Risks
Impacted by global trade regulations and defense indigenization policies in India.
Regulatory & Governance
Industry Regulations
Compliance with AS9110 (Stage 1 cleared) and CMMC 2.0 (target Nov 2026) is mandatory for maintaining global aerospace supplier status.
Taxation Policy Impact
Effective tax rate for H1 FY26 was approximately 25.5% (INR 2.73 Cr tax on INR 10.71 Cr PBT).
Legal Contingencies
No major pending court cases or case values disclosed in the provided documents.
Risk Analysis
Key Uncertainties
Boeing T7 program delays (Doc 16) and the ability to maintain 15-22% EBITDA margins while scaling new, complex product lines.
Geographic Concentration Risk
Manufacturing is concentrated in India, while the customer base is heavily concentrated in the USA and Europe.
Third Party Dependencies
High dependency on Boeing and Lockheed Martin for a significant portion of the order book.
Technology Obsolescence Risk
Risk of falling behind on cybersecurity standards (CMMC 2.0) or aerospace manufacturing certifications.
Credit & Counterparty Risk
Not disclosed; however, clients are major global OEMs with high creditworthiness.
