Rox Hi Tech Limited (ROXHITECH)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Rox Hi's revenue was ₹110 Cr (+5.8% year on year, +0.0% on the previous half-year), and net profit ₹10.0 Cr (+11.1% year on year); the operating margin was 14.5%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹110 | +5.8% | +0.0% |
| Operating profit | ₹16.0 | +60.0% | +0.0% |
| Net profit | ₹10.0 | +11.1% | +0.0% |
| EPS (₹) | 4.57 | +14.5% | -0.4% |
| Operating margin | 14.5% | — | — |
ROXHITECH delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 95.56% of the ROXHITECH shares traded on NSE were taken to delivery, against the stock's own 20-session average of 85.87%. That is close to its usual level. Turnover was only ₹54 lakh, so a handful of trades can move this figure. It closed at its lower price band (circuit) on 16 Oct, one of 5 band closes in about the last 20 sessions.
Delivery in the last 5 sessions: 94.1% · 100.0% · 98.7% · 98.4% · 95.6%
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
ROX Hi-Tech Limited has completed the disbursement of its declared dividend of ₹1 per equity share for FY 25-26. The dividend represents 10% of the face value of ₹10 per share, resulting in a total cash outflow of approximately ₹2.39 crore. The payout was completed on October 12, 2026, to eligible shareholders based on the record date of September 23, 2026.
- Dividend payout completed at ₹1 per equity share (10% of ₹10 face value)
- Total dividend disbursement amount is approximately ₹2.39 crore
- Disbursement completed on October 12, 2026
- Record date for eligible shareholders was September 23, 2026
Rox Hi-Tech Limited has approved the preferential allotment of 19,50,000 equity shares at ₹40.03 per share, raising ₹7.81 crore. In addition, the board approved the allotment of 25,00,000 fully convertible warrants at ₹40.03 each, representing an aggregate fundraise of ₹10.01 crore. Both allotments are made entirely to entities and individuals under the 'Public' category. Post warrant conversion, the company's paid-up equity share capital will increase to ₹30.48 crore comprising 3,04,80,470 shares.
- Allotted 19,50,000 equity shares at ₹40.03 per share, raising ₹7,80,58,500
- Allotted 25,00,000 fully convertible warrants at ₹40.03 per warrant, raising ₹10,00,75,000
- Total capital planned across equity and warrants stands at ₹17.81 crore
- Paid-up share capital increases from pre-issue levels to ₹25.92 crore (2,59,18,614 shares) and will expand to ₹30.48 crore post full warrant conversion
- All shares and warrants allotted to 'Public' category investors, leading to equity dilution of existing shareholders
Rox Hi Tech Limited announced board changes on October 12, 2026. The board formally noted the resignation of Independent Director Mr. Ethirajulu Bandaru, effective October 1, 2026. To fill the vacancy, Mr. Mukesh Mohan has been appointed as an Additional Independent Director for a 5-year term, subject to shareholder approval via postal ballot. Mr. Mohan brings over 35 years of experience in corporate finance, banking, and MSME governance.
- Appointment of Mr. Mukesh Mohan as Additional Independent Director effective October 12, 2026
- Tenure set for a period of 5 years, subject to shareholder approval via postal ballot
- Resignation of Mr. Ethirajulu Bandaru took effect on October 1, 2026
- Appointee brings over 35 years of professional experience including former directorship at Dena Bank
Rox Hi Tech Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate received from Registrar and Share Transfer Agent Purva Sharegistry (India) Pvt Ltd confirms that demat requests were processed per regulatory timelines. For the period from July 1, 2026 to September 30, 2026, the company reported NIL share certificates dematerialised. This is a standard quarterly administrative filing with no operational or financial impact.
- Compliance certificate filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
- Report pertains to the quarter ended September 30, 2026 (from 01/07/2026 to 30/09/2026).
- Reported NIL share certificates dematerialised during the quarter.
- Issued by Registrar and Share Transfer Agent Purva Sharegistry (India) Pvt Ltd on October 1, 2026.
ROX Hi-Tech announced that its Managing Director and CEO, Mr. Jim Rakesh, was featured at two recent industry events. He participated in the IBM AI Innovation Forum on September 18, 2026, in Bengaluru, and served as an 'Expert on Stage' at the 17th Dun & Bradstreet Business Enterprises of Tomorrow on September 29, 2026, in New Delhi. The filing is a corporate branding update with no commercial contracts, financials, or material operational changes disclosed.
- MD & CEO Jim Rakesh attended the IBM AI Innovation Forum on September 18, 2026
- Featured as 'Expert on Stage' at the 17th Dun & Bradstreet Business Enterprises of Tomorrow on September 29, 2026
- No commercial orders, contracts, or financial numbers announced in the release
Rox Hi-Tech Limited has received fresh credit ratings from CRISIL Ratings for its bank facilities. The rating agency assigned a long-term rating of 'CRISIL BBB-/Stable' for Rs 125 Crores of bank facilities and a short-term rating of 'CRISIL A3'. The rated facilities of Rs 125 Crores compare against the company's existing debt of Rs 69 Crores and net worth of Rs 132 Crores, reflecting adequate coverage for its ongoing operational growth and working capital needs.
- CRISIL assigned 'CRISIL BBB-/Stable' rating for Long Term Bank facilities
- Assigned 'CRISIL A3' rating for Short Term bank facilities
- Total rated Long Term Bank facilities stand at Rs 125 Crores
- Rated facilities of Rs 125 Crores compare to existing debt of Rs 69 Crores and net worth of Rs 132 Crores
Rox Hi-Tech Limited has announced the resignation of Mr. Ethirajulu Bandaru (DIN: 10006643) as Non-Executive Independent Director, effective October 1, 2026. Along with his board seat, he ceases to be a member of various board committees. The company noted that he confirmed there are no material reasons for his departure other than those stated in his resignation letter. Additionally, he holds directorships in zero other listed entities.
- Independent Director Ethirajulu Bandaru resigned effective October 1, 2026
- Stepped down from the board and associated board committees
- Confirmed no material reasons other than those provided in the resignation letter
- Holds directorships in NIL other listed entities
ROX Hi-Tech Limited reported the voting results of its 24th Annual General Meeting held on September 30, 2026. All seven resolutions were passed with over 99.98% approval, including the adoption of FY26 financial statements, declaration of a final dividend, and re-appointment of directors. Shareholders also granted special approvals under Section 180(1)(c) and 180(1)(a) to increase overall borrowing limits and create charges on company assets. Out of 22,937,688 total shares, 14,605,554 votes (63.67%) were polled.
- All 7 resolutions passed with over 99.98% votes in favour.
- Total voter turnout was 63.67%, representing 14,605,554 polled votes out of 22,937,688 shares.
- Special resolutions under Section 180(1)(c) and 180(1)(a) approved to raise borrowing limits and create security over company assets.
- Promoter e-voting participation stood at 99.87% (13,460,842 votes), voting 100% in favour of all resolutions.
- Total of 2,360 shareholders existed on the cut-off date of September 23, 2026.
ROX Hi-Tech Limited held its 24th Annual General Meeting on September 30, 2026, conducting proceedings from 11:30 AM to 11:56 AM. Key agenda items submitted for shareholder e-voting included the adoption of FY26 financial statements, declaration of final dividend, and re-appointment of a Whole-Time Director. Crucially, special resolutions were presented to increase overall borrowing limits under Section 180(1)(c) and create charges on assets under Section 180(1)(a). The final voting outcome and scrutinizer's report are pending submission to the stock exchanges.
- 24th AGM held via video conferencing on September 30, 2026, concluding in 26 minutes (11:30 AM to 11:56 AM)
- Presented 7 resolutions covering FY26 financial adoption, final dividend, and director appointments
- Proposed special resolution to increase overall borrowing limits under Section 180(1)(c)
- Proposed special resolution under Section 180(1)(a) to create security or charges over company assets
ROX Hi-Tech Limited has announced its formal recognition as an SS&C Blue Prism WorkHQ Foundation Partner. The partnership aims to enhance ROX's capabilities in intelligent automation, AI agents, and enterprise orchestration using SS&C Blue Prism's WorkHQ platform. No financial metrics, contract values, or direct revenue commitments were disclosed in the announcement. This development aligns with the company's stated focus on AI-driven automation to target its INR 150 Cr order pipeline.
- Formally recognised as an SS&C Blue Prism WorkHQ Foundation Partner on September 23, 2026
- Aims to expand capabilities across AI agents, digital workers, and end-to-end automation workflows
- No immediate order win value or commercial consideration was disclosed in the filing
ROX Hi-Tech Limited announced that it was named 'Digital Transformation Partner' at the Data Center Champion Awards 2026. The event took place during the Data Center & Infra Summit on September 11-12, 2026, in Chennai, organized by Express Computer (Indian Express Group). The award highlights ROX's infrastructure and AI-ready enterprise capabilities, though the release carries no direct financial, revenue, or contract implications. Financially, ROX reported revenues of Rs 105.0 crore and Rs 187.0 crore in its last two reported half-years, supported by an order pipeline of approximately Rs 150 crore.
- Received the 'Digital Transformation Partner' award at Data Center Champion Awards 2026
- Summit conducted on September 11 and 12, 2026, at ITC Grand Chola, Chennai
- Filing contains no new commercial orders, contract values, or revenue disclosures
- Company currently holds an order pipeline of ~INR 150 Cr according to financial context
ROX Hi-Tech Limited has been awarded Gold Category recognition at the CII National Shining MSME Awards 2026 in the Service Sector (Medium Scale classification). The certification, issued by the CII Centre of Excellence for Competitiveness for SMEs, is valid for one year from September 11, 2026, to September 10, 2027. The award assesses business excellence across innovation, digital transformation, and workforce engagement, but carries no direct financial inflows or order additions.
- Received Gold Category recognition at the CII National Shining MSME Awards 2026
- Certification validity spans from September 11, 2026, to September 10, 2027 (1 year)
- Categorized under Service Sector, Medium Scale classification
- Issued by CII Centre of Excellence for Competitiveness for SMEs
ROX Hi-Tech has issued notice for its 24th AGM scheduled on September 30, 2026. The company is proposing to increase its borrowing limit under Section 180(1)(c) from ₹250 crore to ₹350 crore to support business growth and expansion. Additionally, it declared a final dividend of ₹1 per equity share (face value ₹10) with a record date of September 23, 2026. The meeting will also consider the re-appointment of Whole-Time Director Munusamy Murugan Senthil Kumar for a 5-year term.
- AGM scheduled for September 30, 2026 via video conferencing
- Special resolution to hike borrowing limits from ₹250 crore to ₹350 crore
- Final dividend of ₹1 per equity share of face value ₹10
- Record date for final dividend declared as September 23, 2026
- Re-appointment of Whole-Time Director for 5 years effective July 25, 2026 to July 24, 2031
Rox Hi-Tech Limited has fixed Wednesday, September 23, 2026, as the record date for determining shareholder eligibility for a dividend of ₹1 per equity share (face value ₹10 each) for FY 2025-26. The 24th Annual General Meeting (AGM) will be held virtually on September 30, 2026. The board meeting concluded within 15 minutes on September 5, 2026.
- Dividend declared at ₹1 per equity share of face value ₹10 each for FY 2025-26
- Record date fixed as Wednesday, September 23, 2026
- 24th Annual General Meeting scheduled for Wednesday, September 30, 2026, at 11:30 AM via VC/OAVM
- Board meeting held on September 5, 2026, from 3:30 PM to 3:45 PM
ROX Hi-Tech Limited has announced a dividend of ₹1 per equity share of face value ₹10 (10% on face value) for the financial year 2025-26. The Board has fixed Wednesday, September 23, 2026, as the Record Date to determine shareholder eligibility. Additionally, the company will convene its 24th Annual General Meeting (AGM) on Wednesday, September 30, 2026, via Video Conferencing.
- Board approved a dividend of ₹1 per equity share of face value ₹10 for FY 2025-26
- Record date fixed as Wednesday, September 23, 2026, for dividend eligibility
- 24th Annual General Meeting scheduled for Wednesday, September 30, 2026, at 11:30 AM
Financial Performance
Revenue Growth by Segment
H1 FY26 total income grew 31% YoY to INR 110.96 Cr. FY25 total income was INR 190.14 Cr, an 8% increase from INR 176.50 Cr in FY24. Growth is primarily driven by Digital Transformation, Network & Security, and SAP-driven enterprise solutions.
Geographic Revenue Split
Currently primarily India-based, but expanding into Singapore, Denmark, USA, and Mauritius. International subsidiaries are six months old with cash flows expected to commence in the next financial year.
Profitability Margins
H1 FY26 Net Profit Margin was 9.45%. FY25 Net Profit Margin was 10.48%, up 3% from 10.21% in FY24. EBITDA margin for H1 FY26 was 15.05%, while FY25 was 16.74%, a 2% improvement over FY24's 16.49%.
EBITDA Margin
15.05% in H1 FY26 and 16.74% in FY25. Core profitability improved 2% YoY in FY25 due to stable operating performance and strategic cost management.
Capital Expenditure
Strategic investments in subsidiaries were made during H2 FY25; specific INR Cr values for total CapEx were not disclosed in the provided documents.
Operational Drivers
Raw Materials
Technical human capital (IT professionals) and software licenses (SAP, IBM, Cisco). Specific percentage of total cost for each was not disclosed, but employee benefit expenses were INR 3.12 Cr in H1 FY26.
Import Sources
USA (Google, IBM, Cisco) and Germany (SAP).
Key Suppliers
SAP, IBM, Cisco, Lenovo, and Google.
Capacity Expansion
Current pipeline of INR 150 Cr in market opportunities. Expansion includes 4 new international subsidiaries in Singapore, Denmark, USA, and Mauritius with cash flows expected in FY27.
Raw Material Costs
Employee benefit expenses (primary cost) were INR 3.12 Cr in H1 FY26, a 51% reduction on a pro-rata basis compared to the INR 12.85 Cr full-year expense in FY25. Procurement strategy involves transitioning from external consultants to an internal 'young team' using a reusable framework.
Manufacturing Efficiency
Not applicable; service efficiency is driven by the internal talent framework and the reuse of technical skill sets across multiple projects.
Strategic Growth
Expected Growth Rate
31%
Growth Strategy
Growth will be achieved by executing the INR 150 Cr order pipeline and scaling operations in the 4 new international subsidiaries. The company is focusing on AI-driven automation and cloud solutions to capture high-value digital transformation demand.
Products & Services
Digital transformation services, network security, SAP enterprise solutions, AI, RPA, and cloud data center services.
Brand Portfolio
ROX Hi-Tech.
New Products/Services
AI-driven automation and cloud solutions; expected revenue contribution not specifically quantified but identified as key growth drivers.
Market Expansion
Targeting Singapore, Denmark, USA, and Mauritius with business licenses already obtained and cash flows expected next FY.
Strategic Alliances
SAP, IBM, Cisco, Lenovo, and Google.
External Factors
Industry Trends
The IT services industry is growing at 31% YoY (based on company performance), driven by a shift toward AI-driven automation and cloud-based digital transformation. ROX is positioning itself as an end-to-end partner for Fortune 1000 companies to capture this global demand.
Competitive Landscape
Competes in the digital transformation and enterprise IT services market against global system integrators.
Competitive Moat
Accredited partnerships with SAP, IBM, and Cisco create high switching costs for enterprise clients who rely on these platforms for core operations. A 20-year operational history provides a reputation-based moat that is sustainable because complex IT integrations require deep domain expertise.
Macro Economic Sensitivity
Sensitive to Indian economic trends and government IT spending, which could impact the execution of the INR 150 Cr pipeline.
Consumer Behavior
Increased enterprise demand for AI-integrated systems and cloud-based infrastructure is driving the 31% YoY growth in total income.
Geopolitical Risks
Trade barriers and regulatory changes in international markets like the USA and Denmark could impact the global expansion strategy.
Regulatory & Governance
Industry Regulations
Compliance with Companies Act 2013 and COSO internal control frameworks for financial reporting and operational integrity.
Environmental Compliance
CSR investment of INR 33,22,791 in FY25, fulfilling 100% of statutory requirements.
Legal Contingencies
No pending court cases or labor disputes with specific INR values were disclosed in the provided documents.
Risk Analysis
Key Uncertainties
Innovation risk (failure to develop proprietary solutions) and reliance on third-party technology partners could impact market differentiation and margins.
Geographic Concentration Risk
Currently high in India, but expanding to 4 international regions to diversify revenue streams.
Third Party Dependencies
High reliance on SAP, IBM, Cisco, Lenovo, and Google for technology platforms and licensing.
Technology Obsolescence Risk
Mitigated by expanding capabilities in AI-driven automation and cloud solutions to stay aligned with industry shifts.
Credit & Counterparty Risk
Services Fortune 1000 and BFSI clients, implying high credit quality, though specific receivables data was not disclosed.
