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SASKEN - Sasken Technol.

📊 NSE: SASKEN 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/14/2025 12:53

📢 Recent Corporate Announcements

Sasken Technologies Schedules Investor Meeting with Hitesh Kumar on March 13, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 09 Mar 2026, 11:32 PM

Sasken Technologies Limited has announced an upcoming in-person meeting with investor Mr. Hitesh Kumar scheduled for March 13, 2026. The meeting will take place at the company's registered office in Bengaluru between 3:00 PM and 5:00 PM. The company stated that the discussions will be based on the Q3 FY26 investor presentation and other documents already available in the public domain. This is a standard regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements.

Meeting scheduled with investor Mr. Hitesh Kumar on March 13, 2026.
Interaction to be held in-person at the Bengaluru registered office from 3:00 PM to 5:00 PM.
Discussions will be limited to publicly available information, specifically referencing the Q3 FY26 presentation.
Compliance filing made under Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 No immediate action is required as this is a routine investor interaction using previously disclosed financial data. Investors may review the existing Q3 FY26 presentation for context on the company's current performance.

Sasken Technologies to Participate in Bharat Connect Conference on March 9, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Mar 2026, 07:57 PM

Sasken Technologies Limited has announced its participation in the 'Bharat Connect Conference – Rising Stars 2026' hosted by Arihant Capital Markets Ltd. The virtual meeting is scheduled for March 9, 2026, from 4:00 PM to 5:00 PM IST. The company clarified that discussions will be based on the Q3 FY26 investor presentation and other publicly available information. This is a routine engagement aimed at interacting with institutional investors and analysts.

Virtual meeting scheduled for March 9, 2026, from 4:00 PM to 5:00 PM.
Participation in the 'Bharat Connect Conference – Rising Stars 2026' hosted by Arihant Capital Markets.
No unpublished price-sensitive information (UPSI) will be shared during the session.
Discussions will rely on existing public domain data, including the Q3 FY26 investor presentation.

💡 No immediate action is required as this is a routine investor interaction. Investors may review the Q3 FY26 presentation on the company website to stay updated on recent performance.

Sasken Technologies Fined ₹2.68 Lakh by BSE and NSE for Regulatory Non-Compliance

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 02 Mar 2026, 10:16 PM

Sasken Technologies has been penalized by both BSE and NSE for non-compliance with SEBI Listing Regulations 17(1) and 20(2)/(2A), which pertain to Board and Stakeholders Relationship Committee composition. The total fine imposed is ₹2.68 lakhs plus GST. The company has stated that its board composition is currently in compliance and has already filed for a waiver of these penalties. Given the small amount of the fine, there is no significant impact on the company's financial or operational health.

BSE and NSE imposed a combined fine of ₹2.68 lakhs plus GST on the company.
The penalties relate to alleged non-compliance with Board and Committee composition regulations.
The company received the formal communication regarding the fine on February 27, 2026.
Sasken has already submitted an application for a waiver of these penalties, claiming full compliance.
The financial impact is limited strictly to the amount of the fine and GST.

💡 No action is required as the fine is immaterial to the company's valuation. Investors should simply note this as a minor regulatory matter that the company is actively contesting.

Sasken Technologies Receives Minor Income Tax Demand of Rs. 1.45 Lakh

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 06 Feb 2026, 08:58 PM

Sasken Technologies Limited has received an intimation order under section 143(1) from the Income Tax Centralized Processing Centre (CPC) for the Assessment Year 2025-26. The order pertains to the Sasken Superannuation Fund Trust and has created a tax demand of Rs. 1,45,100 due to an added surcharge. The company has clarified that this demand has no material impact on its financial or operational activities. Sasken intends to contest the order by filing an appeal before the CIT (Appeals).

Income Tax CPC issued an intimation order under section 143(1) on February 6, 2026.
A tax demand of Rs. 1,45,100 was raised against the Sasken Superannuation Fund Trust for AY 2025-26.
The demand originated from a surcharge added to the tax payable in the assessment.
Management confirms there is no material impact on the company's financial or operational health.
The company will exercise its right to appeal the order before the CIT - Appeals.

💡 No action is required as the tax demand amount is negligible relative to the company's size and operations. This is a routine regulatory disclosure with no impact on the company's fundamentals.

Sasken Technologies Q3 FY26 Results: New Subsidiaries Report Rs. 5.47 Cr Loss

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 06 Feb 2026, 07:02 PM

Sasken Technologies Limited has released its audited consolidated financial results for the quarter ended December 31, 2025. The results now include the performance of several Borqs group entities acquired in April 2025. While specific consolidated totals were not summarized in the cover, the auditor's report highlights that two subsidiaries contributed Rs. 69.49 crore in revenue but incurred a net loss of Rs. 5.47 crore for the quarter. The statutory auditors have issued an unmodified opinion on the financial statements.

Two audited subsidiaries reported a combined revenue of Rs. 6,949.17 lakhs for Q3 FY26.
These subsidiaries recorded a net loss of Rs. 546.75 lakhs for the quarter ended December 31, 2025.
Nine-month revenue for these specific units stood at Rs. 25,553.25 lakhs with a cumulative loss of Rs. 854.10 lakhs.
The results incorporate four new Borqs group subsidiaries acquired effective April 8, 2025.
The statutory auditors provided an unmodified audit opinion for both standalone and consolidated results.

💡 Investors should closely monitor the integration and profitability of the newly acquired Borqs entities, as they are currently reporting losses. Focus on the core engineering services segment's ability to maintain margins while absorbing these new business units.

Sasken Technologies Reports Conversion of Statutory Auditor M S K A & Associates to LLP

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Feb 2026, 06:58 PM

Sasken Technologies Limited has announced that its statutory auditor, M S K A & Associates, has converted into a Limited Liability Partnership (LLP). This administrative change became effective on January 12, 2026, under the Limited Liability Partnership Act, 2008. The firm will now operate under the name M S K A & Associates LLP. There are no changes to the audit engagement or the terms of their appointment for the remaining tenure.

Statutory Auditor M S K A & Associates converted to an LLP effective January 12, 2026.
The firm's name has officially changed to M S K A & Associates LLP, Chartered Accountants.
No change in the audit engagement or scope of work for Sasken Technologies.
The auditors will continue to discharge their obligations for the remainder of their appointed tenure.

💡 This is a routine administrative update with no impact on the company's financials or operations; no action is required from investors.

Sasken Technologies Q3 FY26 Results: Subsidiaries Contribute ₹69.49 Cr Revenue

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 06 Feb 2026, 06:55 PM

Sasken Technologies has announced its audited consolidated financial results for the quarter ended December 31, 2025. The results reflect the first full year of integration for several Borqs entities acquired in April 2025. While two key subsidiaries contributed ₹69.49 crore to the quarterly revenue, they also reported a combined net loss of ₹5.47 crore for the period. The company continues to consolidate its global footprint across Mexico, Finland, USA, Japan, and China.

Two key subsidiaries reported a combined revenue of ₹69.49 crore for Q3 FY26.
The same subsidiaries posted a net loss of ₹5.47 crore for the quarter ended December 31, 2025.
Nine-month revenue from these subsidiaries reached ₹255.53 crore with a net loss of ₹8.54 crore.
Integration of Borqs International and its affiliates (HK, China, India) as subsidiaries effective April 8, 2025.
Auditors issued a 'true and fair' opinion on the consolidated financial statements for the group.

💡 Investors should closely monitor the profitability of the newly acquired Borqs entities as they currently weigh on the bottom line. The focus should remain on the company's ability to scale its engineering services in the silicon and communication sectors.

Sasken Technologies Q3 FY26 Results: Key Subsidiaries Post Rs 5.47 Cr Quarterly Loss

🔵 WATCH ⭐ 7/10

EARNINGS 📅 06 Feb 2026, 06:50 PM

Sasken Technologies announced its Q3 FY26 results, highlighting the performance of its expanded group structure following the Borqs acquisition. Two major subsidiaries contributed Rs 69.49 crore to the quarterly revenue but reported a net loss of Rs 5.47 crore. For the nine-month period ending December 2025, these entities generated Rs 255.53 crore in revenue with a cumulative loss of Rs 8.54 crore. The board approved these audited results on February 6, 2026, reflecting the first full year of operations with the new international subsidiaries.

Two subsidiaries generated Rs 6,949.17 lakhs in revenue for the quarter ended Dec 31, 2025
Quarterly net loss for these specific subsidiaries stood at Rs 546.75 lakhs
Nine-month revenue for the same entities reached Rs 25,553.25 lakhs
The results include contributions from four Borqs entities acquired in April 2025
Total comprehensive loss for the two subsidiaries was Rs 266.15 lakhs for the quarter

💡 Investors should monitor the integration progress of the Borqs entities, as their current losses are impacting consolidated margins. Look for management guidance on the timeline for these units to achieve profitability.

Sasken Technologies Q3 FY26 Results: Subsidiary Revenue at ₹69.49 Cr with Integration of Borqs

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 06 Feb 2026, 06:45 PM

Sasken Technologies has released its audited financial results for the quarter ended December 31, 2025, following an extensive board meeting. The results reflect the first full year of integration for four Borqs-related entities acquired in April 2025. While specific consolidated group totals were not summarized in the auditor's cover, two key subsidiaries reported a combined revenue of ₹69.49 crore for the quarter but faced a net loss of ₹5.47 crore. The company continues to consolidate its global footprint across Mexico, Finland, Japan, and now China and Hong Kong.

Board approved audited standalone and consolidated results for the quarter and nine months ended December 31, 2025.
Two audited subsidiaries reported Q3 revenue of ₹6,949.17 lakhs (₹69.49 crore) and a net loss of ₹546.75 lakhs (₹5.47 crore).
Nine-month revenue for these two subsidiaries stood at ₹25,553.25 lakhs (₹255.53 crore) with a cumulative loss of ₹854.10 lakhs.
Four Borqs entities (Cayman, Beijing, HK, and India) were successfully integrated as subsidiaries effective April 8, 2025.
The audit report was issued with an unmodified opinion, confirming the accuracy of the financial statements across the group's 13 entities.

💡 Investors should examine the full consolidated report to see if the losses in the two highlighted subsidiaries are being offset by the core standalone business. Monitor the performance of the newly added Borqs entities to evaluate if the acquisition is becoming accretive to the bottom line.

Sasken Technologies Statutory Auditor M S K A & Associates Converts to LLP

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Feb 2026, 04:05 PM

Sasken Technologies has informed the stock exchanges that its statutory auditor, M S K A & Associates, has converted from a partnership firm into a Limited Liability Partnership (LLP). The firm is now officially known as M S K A & Associates LLP, effective from January 12, 2026. This change is a legal restructuring under the Limited Liability Partnership Act, 2008. The company clarified that there is no change in the audit engagement or the personnel involved.

Statutory Auditor M S K A & Associates converted to M S K A & Associates LLP effective January 12, 2026.
The conversion was carried out under the provisions of the Limited Liability Partnership Act, 2008.
There is no change in the audit engagement or the terms of the auditor's appointment.
The firm will continue to discharge its obligations as Statutory Auditors for the remaining tenure.

💡 This is a routine administrative update regarding the legal structure of the company's auditor. No action is required from investors as it does not impact the company's operations or financial health.

Sasken Technologies Allots 43,670 Equity Shares Under Employee Stock Option Plan

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Feb 2026, 09:48 PM

Sasken Technologies has approved the allotment of 43,670 equity shares to employees following the exercise of Restricted Stock Units (RSUs) under its 2016 Incentive Plan. The shares were issued at a face value of ₹10 each, resulting in a marginal increase in the company's total paid-up capital. Post-allotment, the total number of issued shares stands at 15,186,471. This is a routine administrative action and represents a very minor dilution of existing equity.

Allotment of 43,670 equity shares of ₹10 each to employees upon RSU exercise
Total issued shares increased from 15,142,801 to 15,186,471 following this issue
Total issued share capital now stands at ₹151,864,710
Shares issued at par value of ₹10 per share under the 2016 Share Based Incentive Plan

💡 No action is required as this is a routine corporate exercise of employee stock units with negligible impact on share value. Investors should focus on the company's upcoming quarterly performance and growth outlook.

Sasken Technologies Allots 43,670 Equity Shares Under Employee Stock Incentive Plan

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Feb 2026, 09:46 PM

Sasken Technologies has approved the allotment of 43,670 equity shares to employees following the exercise of Restricted Stock Units (RSUs). The shares were issued at a face value of ₹10 each under the Sasken Employees Share Based Incentive Plan, 2016. This allotment increases the company's total issued share capital to 15,186,471 equity shares. The transaction is a routine corporate action to fulfill employee incentive obligations and results in minimal equity dilution.

Allotment of 43,670 equity shares of ₹10 each to employees upon RSU exercise.
Shares issued at an exercise price of ₹10 per share (at par).
Total issued share capital increased to ₹151,864,710 post-allotment.
Total number of issued shares stands at 15,186,471 following the issue.
Allotment conducted under the Sasken Employees Share Based Incentive Plan, 2016.

💡 No action is required as this is a routine administrative allotment with negligible impact on the company's earnings per share (EPS).

Sasken Technologies Submits SEBI Regulation 74(5) Compliance Certificate for Q3 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 20 Jan 2026, 04:43 PM

Sasken Technologies Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFin Technologies Limited, confirms that all security dematerialization and rematerialization requests for the quarter ended December 31, 2025, have been processed. This filing is a mandatory procedural requirement for Indian listed companies to ensure the integrity of electronic shareholding records. There are no material financial or operational updates contained within this specific announcement.

Compliance certificate submitted for the quarter ended December 31, 2025.
Confirmation provided by Registrar and Share Transfer Agent, KFin Technologies Limited.
Adherence to SEBI (Depositories and Participants) Regulations, 2018, specifically Regulation 74(5).
Details of dematerialized and rematerialized securities have been furnished to all relevant stock exchanges.

💡 This is a routine regulatory filing and requires no action from investors. Focus should remain on the company's upcoming quarterly financial results for performance insights.

Sasken Technologies Faces Rs 20.37 Crore GST Demand After Appeal Dismissal

🔴 NEGATIVE ⭐ 6/10

REGULATORY 📅 08 Jan 2026, 05:07 PM

Sasken Technologies has received an adverse order from the Joint Commissioner of Commercial Taxes, Bengaluru, confirming a total demand of Rs 20.37 crore for FY 2019-20. The demand includes tax, interest, and penalties primarily related to GST on payments to overseas branches under the reverse charge mechanism. While the company's initial appeal was dismissed, it plans to further contest the order before the GST Appellate Tribunal (GSTAT). The company currently maintains that this development has no material impact on its financial or operational activities.

Total demand of Rs 20.37 crore includes Rs 9.18 crore tax, Rs 10.27 crore interest, and Rs 0.92 crore penalty.
The order pertains to GST disputes for FY 2019-20 regarding overseas branch payments and employee mess fees.
The Joint Commissioner of Commercial Taxes dismissed the company's appeal on January 8, 2026.
Sasken intends to file a further appeal with the GST Appellate Tribunal (GSTAT) to contest the demand.

💡 Investors should track the GSTAT appeal process as the confirmed demand represents a significant potential liability relative to the company's size.

Sasken Shareholders Approve Meeta Malhotra as Independent Director with 99.99% Majority

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 06 Jan 2026, 11:14 PM

Sasken Technologies has confirmed the appointment of Ms. Meeta Malhotra as a Non-Executive Independent Director for a five-year term. The special resolution was passed via postal ballot with an overwhelming 99.99% majority of the votes cast. The appointment is effective from October 22, 2025, and aligns with the company's regulatory compliance requirements. This governance update reflects strong shareholder alignment with the board's leadership decisions.

Special resolution passed with 99.9883% majority representing 6,510,945 votes in favor.
Ms. Meeta Malhotra appointed as Non-Executive Independent Director for a 5-year term.
The appointment is effective from October 22, 2025, following the conclusion of the postal ballot.
Total valid votes cast were 6,511,707, with only 762 votes (0.0117%) dissenting.

💡 This is a routine governance matter and requires no specific action from shareholders. The high approval rating indicates strong investor confidence in the board's selection.

View All SASKEN Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Consolidated revenue grew 35.55% YoY to INR 550.91 Cr in FY25. In Q1 FY26, Software Services revenue reached INR 176.70 Cr (up 43.2% YoY), while the new Product Solutions segment contributed INR 96.83 Cr following the Borqs acquisition.

Geographic Revenue Split

As of Q1 FY26, revenue is split as follows: EMEA at 38% (up from 28% YoY), North America at 28% (down from 42% YoY), India at 25% (up from 23% YoY), and APAC at 9% (up from 7% YoY).

Profitability Margins

Net Profit margin declined to 9.17% (INR 50.51 Cr) in FY25 from 19.37% (INR 78.74 Cr) in FY24. This 35.85% drop in net profit was driven by increased employee costs and one-time acquisition expenses for Borqs.

EBITDA Margin

EBITDA margin compressed to 4.16% (INR 22.91 Cr) in FY25 compared to 7.55% (INR 30.70 Cr) in FY24, representing a 25.37% decline in absolute EBITDA due to strategic investments in delivery capacity and sales.

Capital Expenditure

The company recorded INR 4.23 Cr in Property and Equipment as of June 2025. Significant investments were made in Right-of-Use (ROU) assets for new premises in Chennai, Kolkata, and Pune, leading to depreciation increasing 87.89% YoY to INR 13.96 Cr.

Credit Rating & Borrowing

Sasken maintains a debt-free status with a strong liquidity profile. Interest and borrowing expenses rose to INR 2.78 Cr in FY25 from INR 0.33 Cr in FY24 (a 742% increase), primarily due to lease liability accounting rather than bank debt.

⚙️ Operational Drivers

Raw Materials

As a technology service provider, the primary 'raw material' is human capital, with Employee Benefit Expenses accounting for 77.97% of total revenue (INR 429.52 Cr).

Import Sources

Talent is primarily sourced from India (Bengaluru, Pune, Chennai, Kolkata), Finland (Kaustinen, Tampere), and Germany (Munich).

Key Suppliers

Not applicable as a service-based IT firm; however, the company relies on global semiconductor and telecom equipment providers for R&D collaboration.

Capacity Expansion

Current workforce is approximately 1,400 to 1,674 employees. Expansion is focused on 'delivery capacity creation' through fresher induction programs and new delivery centers in Chennai, Kolkata, and Pune to support the 60x4x3 growth strategy.

Raw Material Costs

Employee costs increased 38.10% YoY to INR 429.52 Cr in FY25. This represents a high revenue-to-cost sensitivity where wage inflation directly squeezes operating margins.

Manufacturing Efficiency

Efficiency is measured by million-dollar-plus accounts, which increased to 20 in FY25 from 16 in FY24, improving the utilization of senior engineering resources.

Logistics & Distribution

Distribution is primarily digital/service-based; however, travel costs are being rationalized as part of cost-control measures to protect margins.

📈 Strategic Growth

Expected Growth Rate

32%

Growth Strategy

The company is executing the '60x4x3' strategy: targeting 60 marquee accounts with at least $4M annual revenue each. Growth is driven by the Borqs acquisition, expansion into Generative AI, and scaling 5G/NTN communications and connected mobility services.

Products & Services

Concept-to-market and chip-to-cognition R&D services, 5G/NTN communication stacks, connected mobility solutions, automotive electronics, and semiconductor engineering.

Brand Portfolio

Sasken, Sasken Silicon, Sasken Finland, Borqs (acquired).

New Products/Services

New offerings in Generative AI, Satellite Communication (SatCom), and Product Solutions (via Borqs) which contributed INR 96.83 Cr in its first full quarter (Q1 FY26).

Market Expansion

Expanding geographical footprint in Japan, UK, and China, alongside new Indian delivery centers to support global clients across 23 countries.

Market Share & Ranking

Moderate scale of operations in a competitive industry dominated by larger players, which limits pricing power and bargaining strength.

Strategic Alliances

Maintains a 60% stake in SSTPL (Sasken Silicon) and recently acquired Borqs to bolster hardware and product solution capabilities.

🌍 External Factors

Industry Trends

The industry is shifting toward 'Chip-to-Cognition' and AI-integrated engineering. Sasken is positioning itself in the 5G/NTN and IoT space to capitalize on the 32% growth seen in its USD revenue.

Competitive Landscape

Competes with global R&D service providers and large Indian IT firms. Competitive pressure often leads to 'flattish' revenue in legacy segments.

Competitive Moat

Moat is built on 30+ years of deep domain expertise in telecommunications and semiconductors, supported by multiple patents. This is sustainable but challenged by the scale of larger competitors.

Macro Economic Sensitivity

Highly sensitive to US and EMEA tech spending. US dollar movements triggered by new tariffs impact the valuation of the equity and fixed-income treasury portfolio.

Consumer Behavior

Enterprises are evolving toward digital transformation and cybersecurity, increasing demand for Sasken’s specialized engineering excellence.

Geopolitical Risks

Exposure to changes in immigration laws in developed markets (USA/Europe) could heighten competition for skilled workforce and increase onsite delivery costs.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with ISO/SAE 21434 (Cybersecurity), ISO 26262 (Automotive Functional Safety), and ASPICE Level 3. Must adhere to evolving data privacy acts (EU-GDPR, CCPA, India Data Privacy Act).

Environmental Compliance

Direct exposure to environmental risks is not material due to the service-oriented nature; maintains ISO 14001:2015 certification.

Taxation Policy Impact

Effective income tax expense was INR 11.50 Cr in FY25 (2.09% of revenue). The company is subject to global tax regulations across India, Finland, and Germany.