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Slone Infosystems Limited (SLONE)

📊 NSE: SLONE 🏢 Computers - Hardware 📢 Latest filing: 06 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (H2 FY26)

In its latest reported quarter, H2 FY26, Slone Infosystems' revenue was ₹140 Cr (+141.4% year on year, +39.0% on the previous half-year), and net profit ₹4.0 Cr (+33.3% year on year); the operating margin was 6.4%.

H2 FY26 (₹ Cr)	Value	YoY vs H2 FY25	vs prev. half
Revenue	₹140	+141.4%	+39.0%
Operating profit	₹9.0	+80.0%	+12.5%
Net profit	₹4.0	+33.3%	-13.0%
EPS (₹)	8.37	+63.8%	-4.1%
Operating margin	6.4%	—	—

Full quarterly financials → Results calendar →

SLONE delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 100.0% of the SLONE shares traded on NSE were taken to delivery, against the stock's own 20-session average of 88.68%. That is higher than usual for this stock. Turnover was only ₹5 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 6 sessions in about the last 20.

100.0%Delivery, 16 Oct

88.68%Own 20-session average

0.7×Volume vs its average

₹123.65NSE close · +2.44%

Delivery in the last 5 sessions: 64.2% · 84.0% · 100.0% · 87.5% · 100.0%

Delivery across the market →Circuit stocks →

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

Slone Infosystems Appoints NeoAtlas Capital Advisory as Investor Relations Consultant

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Oct 2026, 04:27 PM

Slone Infosystems Limited has executed an engagement letter with NeoAtlas Capital Advisory LLP to provide Investor Relations (IR) Advisory Services effective October 6, 2026. The engagement carries no special rights, share issuance, or board nominee representations, and is not a related-party transaction. The operational and financial terms, including advisory fees, were not disclosed in the filing. This is a routine administrative engagement to manage market communications.

Appointed NeoAtlas Capital Advisory LLP as Investor Relations consultant effective October 6, 2026
Shareholding in the advisory entity is Nil
Transaction involves no related-party involvement or special governance rights

💡 Track subsequent investor presentations or quarterly updates disseminated via the new IR agency for clearer strategic guidance.

Slone Infosystems Raises ₹1.61 Cr via 1.31 Lakh Warrants; 18.68 Lakh Warrants Lapse

🟡 NEUTRAL ⭐ 4/10

FUNDRAISE 📅 01 Oct 2026, 09:14 PM

Slone Infosystems has allotted 1,31,194 equity shares to 10 non-promoter allottees upon the exercise of convertible warrants at an issue price of ₹164 per share. The company received the remaining 75% consideration amounting to ₹1.61 crore, expanding its paid-up equity base from 52,69,013 shares to 54,00,207 shares. Significantly, out of the total 19,99,200 warrants originally issued, 18,68,006 warrants (~93.4%) remained unexercised and have lapsed/been forfeited upon expiry.

Allotted 1,31,194 equity shares at ₹164 each (face value ₹10, premium ₹154) to 10 non-promoter investors.
Received balance 75% exercise price of ₹123 per warrant, aggregating ₹1,61,36,862.
Massive warrant lapse: 18,68,006 warrants out of 19,99,200 were forfeited without exercise.
Paid-up equity share capital increased marginally to ₹5,40,02,070 (54,00,207 equity shares).

💡 Track listing and trading approvals on NSE for the newly allotted 1,31,194 equity shares and observe the accounting of forfeited warrant amounts in the upcoming quarterly results.

Slone Infosystems Raises ₹1.61 Cr via 1.31 Lakh Warrants; 18.68 Lakh Warrants Lapse

🟡 NEUTRAL ⭐ 4/10

FUNDRAISE 📅 01 Oct 2026, 09:08 PM

Allotted 1,31,194 equity shares at ₹164 each (face value ₹10, premium ₹154) to 10 non-promoter investors.
Received balance 75% exercise price of ₹123 per warrant, aggregating ₹1,61,36,862.
Massive warrant lapse: 18,68,006 warrants out of 19,99,200 were forfeited without exercise.
Paid-up equity share capital increased marginally to ₹5,40,02,070 (54,00,207 equity shares).

💡 Track listing and trading approvals on NSE for the newly allotted 1,31,194 equity shares and observe the accounting of forfeited warrant amounts in the upcoming quarterly results.

Slone Infosystems Shareholders Approve FY26 Accounts and Dividend at 4th AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 05:07 PM

Slone Infosystems Limited announced the voting results for its 4th Annual General Meeting held on September 28, 2026. All four ordinary resolutions, including the adoption of FY26 financial statements, dividend declaration, reappointment of director Manisha Khanna, and regularisation of Independent Director Tanishq Gakhar, were approved with 100% votes in favour. Out of total outstanding shares of 52,69,013, a total of 39,56,213 votes were polled (75.08% voter turnout). Promoter and promoter group participation accounted for 38,64,813 votes (99.72% of their holding), while public non-institutional participation stood at 91,400 votes.

All 4 ordinary resolutions approved with 100% of votes cast in favour
Overall voter turnout was 75.08% (39,56,213 votes polled out of 52,69,013 total shares)
Promoter group polled 38,64,813 votes, representing 99.72% of their shareholding
Public non-institutional shareholders cast 91,400 votes (6.56% of their category)
Resolutions included dividend declaration for FY26 and regularisation of Independent Director Tanishq Gakhar

💡 Track subsequent filings for the dividend payment disbursement timelines and record date details if not already passed, as well as the upcoming H1 FY27 financial results.

Slone Infosystems Shares Investment Note Highlighting FY26 Revenue of Rs 241 Cr and CoE Expansion

🟡 NEUTRAL ⭐ 3/10

OTHER 📅 26 Sep 2026, 07:55 PM

Slone Infosystems has submitted an Investment Note prepared by Atlas Capital outlining its business ecosystem, financial profile, and strategic initiatives. According to the document, the company reported revenue of Rs 241 Cr in FY26, up 14% YoY from Rs 210.6 Cr in FY25, alongside an EBITDA margin improvement to 6.9%. The report highlights growth in Centres of Excellence (CoE) and advanced labs (EV labs, embedded systems) operating under 5-year contracts. However, trade receivables increased significantly to Rs 55.2 Cr in FY26 compared to Rs 15.9 Cr in FY25.

Reported FY26 revenue reached Rs 241 Cr, growing 14% YoY from Rs 210.6 Cr in FY25
FY26 PAT stood at Rs 9.0 Cr (3.7% margin), up 22% YoY from Rs 7.4 Cr (3.5% margin) in FY25
Trade receivables expanded to Rs 55.2 Cr in FY26 from Rs 15.9 Cr in FY25
Pursuing 5-year institutional contracts for Centres of Excellence (CoE) with quarterly payments

💡 Monitor working capital metrics and cash conversion cycles in upcoming filings, specifically the collection timeline for receivables which rose sharply to Rs 55.2 Cr.

Slone Infosystems Forfeits ₹7.66 Cr Upfront Money as 18.68 Lakh Warrants Lapse

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 24 Sep 2026, 09:04 PM

Slone Infosystems announced that out of 19,99,200 convertible warrants allotted in March 2025 at an issue price of ₹164, holders exercised only 1,31,194 warrants before the September 23, 2026 deadline. Consequently, 18,68,006 warrants lapsed due to non-payment of the remaining 75% consideration. The company has forfeited the 25% upfront subscription amount of ₹7.66 crore, which will be retained and credited to its reserves. While this brings a cash windfall equivalent to ~8.3% of current market cap (₹92 Cr), it reflects a failure to raise the planned equity capital of ~₹30.6 crore.

18,68,006 convertible warrants lapsed unexercised out of 19,99,200 total warrants originally issued
₹7,65,88,246 forfeited by the company, representing the 25% upfront consideration
Only 1,31,194 warrants exercised into equity shares after receiving the 75% balance payment
Warrants were originally allotted on March 24, 2025 at an issue price of ₹164 per warrant

💡 Watch the forthcoming board meeting for formal resolutions on share allotment (1,31,194 shares) and accounting treatment of the ₹7.66 Cr forfeited capital reserve.

Slone Infosystems Sets Sep 21, 2026 Record Date for ₹0.60 (6%) Final Dividend

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 12 Sep 2026, 08:29 PM

Slone Infosystems Limited has fixed Monday, September 21, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹0.60 per equity share (6% on face value). The dividend is subject to approval at the company's 4th Annual General Meeting scheduled for September 28, 2026. At the current share price of ₹180.9, this payout translates to a modest dividend yield of approximately 0.33%. Total cash outflow for the dividend represents a small fraction of the company's TTM net profit of ₹17 Cr.

Final dividend proposed at ₹0.60 per equity share (rate of 6%) for FY 2025-26
Record date fixed as Monday, September 21, 2026
4th Annual General Meeting scheduled on September 28, 2026 at 04:00 PM IST

💡 Track shareholder approval at the AGM on September 28, 2026, and note that shares will trade ex-dividend on or just prior to September 21, 2026.

Slone Infosystems Wins ₹6.40 Cr Order for 1,000 Lenovo Laptops

🟡 NEUTRAL ⭐ 5/10

OTHER 📅 08 Sep 2026, 11:46 AM

Slone Infosystems Limited has secured a domestic purchase order worth ₹6.40 crore (inclusive of GST) from Transline Technologies Limited. The contract entails supplying 1,000 units of Lenovo V14 I5 laptops worth ₹6.28 crore, alongside ₹11.80 lakh in one-time implementation and service charges. The order is slated for immediate execution on a sale basis. Relative to the company's TTM revenue of ₹452 crore, this order accounts for approximately 1.4%, representing steady operational flow rather than a transformative volume win.

Total order value stands at ₹6.40 crore (inclusive of GST)
Scope includes supplying 1,000 units of Lenovo V14 I5 laptops valued at ₹6.28 crore (inclusive of GST)
Service and implementation charges account for ₹11.80 lakh (inclusive of GST)
Contract awarded by domestic entity Transline Technologies Limited with immediate execution timeline

💡 Track execution in upcoming quarterly revenue numbers and observe whether margins on IT hardware trading remain resilient despite sector-wide pricing pressures.

Slone Infosystems Convenes 4th AGM on Sept 28, 2026; Proposes Re 0.60/Share Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Sep 2026, 11:32 PM

Slone Infosystems Limited has issued the notice for its 4th Annual General Meeting (AGM) to be held on September 28, 2026, via Video Conferencing. Key agenda items include the adoption of audited financial statements for FY ended March 31, 2026, and the approval of a dividend of Re 0.60 per equity share. Shareholders will also vote on the re-appointment of Non-Executive Director Mrs. Manisha Rajesh Khanna and the regularization of Mr. Tanishq Gakhar as an Independent Director for a 5-year term through September 27, 2031.

4th Annual General Meeting scheduled for Monday, September 28, 2026, at 4:00 PM IST via VC/OAVM.
Proposed dividend of Re. 0.60 per equity share for FY26 subject to shareholder approval.
Regularization of Mr. Tanishq Gakhar as Independent Director for a 5-year term from September 28, 2026, to September 27, 2031.
Re-appointment of Mrs. Manisha Rajesh Khanna (holding 24,260 shares or 0.46%) as Non-Executive Director liable to retire by rotation.

💡 Track voting outcomes of the AGM resolutions and the official record date for the Re 0.60 per share dividend payout.

Slone Infosystems Approves Regularisation of Tanishq Gakhar as Independent Director for 5 Years

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 04 Sep 2026, 07:57 PM

Slone Infosystems Limited announced that its Board of Directors has approved the regularisation of Mr. Tanishq Gakhar as a Non-Executive Independent Director. The proposed appointment is for a term of five consecutive years effective September 28, 2026, subject to shareholder approval at the ensuing 4th Annual General Meeting. Mr. Gakhar is a qualified Company Secretary with around 2 years of experience in secretarial compliance, financial modelling, and corporate law.

Appointment regularisation approved for a term of 5 consecutive years.
Effective from September 28, 2026, subject to shareholder approval at the 4th AGM.
Appointee brings around 2 years of experience in corporate law, secretarial due diligence, and taxation.
No inter-se relationship between the appointee and any other existing directors.

💡 Track shareholder voting results on director appointments at the upcoming 4th Annual General Meeting.

Slone Infosystems Schedules 4th AGM for Sep 28, 2026; Proposes Independent Director Appointment

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 04 Sep 2026, 07:52 PM

Slone Infosystems Limited announced the outcome of its Board Meeting held on September 04, 2026. The Board approved the annual Directors' Report for the financial year ended March 31, 2026, and scheduled its 4th Annual General Meeting (AGM) for September 28, 2026, via Video Conferencing. Additionally, the Board recommended the regularisation of Mr. Tanishq Gakhar as an Independent Director for a 5-year term, subject to shareholder approval at the AGM.

4th Annual General Meeting scheduled for Monday, September 28, 2026, at 04:00 P.M. via VC/OAVM
Approval of Board's Report along with annexures for the financial year ended March 31, 2026
Proposed regularisation of Mr. Tanishq Gakhar as an Independent Director for a 5-year term
Appointment of PCS Shanu Bhagwandas Mata as Scrutinizer for AGM e-voting

💡 Track voting resolutions and shareholder approvals during the upcoming AGM on September 28, 2026, alongside upcoming half-yearly financial results.

Rs 10.07 Cr Order Win from Creative Newtech for IT Hardware Supply

🟢 POSITIVE ⭐ 5/10

OTHER 📅 12 Aug 2026, 03:44 PM

Slone Infosystems has secured a domestic order worth Rs 10.07 crore (inclusive of GST) from Creative Newtech Limited for the supply of IT hardware. The contract includes 5,000 desktops and 500 laptops, along with service support for extended warranties. While the order represents approximately 2.23% of the company's TTM revenue of Rs 452 crore, it is notable given the company's small market capitalization of Rs 75 crore. The execution timeline is aggressive, with completion required within 30 days of the August 11, 2026, purchase order.

Total order value of Rs 10.07 crore inclusive of GST, secured from Creative Newtech Limited.
Supply includes 5,000 units of Intel Core i3 10th Gen Desktops valued at Rs 8.41 crore.
Supply includes 500 units of I5 8th Gen Laptops valued at Rs 101.78 lakhs.
Execution timeline is strictly within 30 days from the Purchase Order date of August 11, 2026.
Service support component for a 3-month extended warranty is valued at Rs 64.9 lakhs.

💡 Investors should monitor the September 2026 quarterly results to confirm the execution of this order and its impact on operating margins, which have recently been low at 6.4%.

Rs 6.61 Cr Order Win for Supply of 1,343 Lenovo Laptops

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 29 Jul 2026, 01:10 PM

Slone Infosystems has secured a domestic order worth Rs 6.61 crore (inclusive of GST) from Maxtech for the supply of 1,343 Lenovo V14 G5 laptops. The order is slated for immediate execution, supporting the company's core IT hardware trading business. While the contract value is relatively small at approximately 1.46% of TTM revenue (Rs 452 crore), it represents about 9% of the company's current market capitalization. Given the company's thin operating margins of 6.4%, consistent volume-based orders are essential for bottom-line stability.

Order value of Rs 6.61 crore inclusive of GST secured on July 29, 2026.
Contract involves the supply of 1,343 units of Lenovo V14 G5 laptops.
Execution timeline is specified as 'immediate' by the domestic entity Maxtech.
Order value represents approximately 1.46% of the company's TTM revenue of Rs 452 crore.
Order value represents approximately 9.05% of the company's current market capitalization of Rs 73 crore.

💡 Investors should monitor the upcoming quarterly results to see if these volume-based orders can stabilize operating margins, which previously declined by 46%. Watch for any further concentration risks, as the top 10 clients already contribute 99% of total revenue.

View All SLONE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue grew 245% YoY from INR 6,106.52 Lakhs in FY24 to INR 21,064.22 Lakhs in FY25. H1 FY26 revenue stood at INR 10,069.88 Lakhs.

Geographic Revenue Split

Not disclosed in available documents; however, the company is registered and operates primarily out of Mumbai, Maharashtra.

Profitability Margins

Net Profit Ratio declined 45% from 9.12% in FY24 to 4.99% in FY25. Operating Profit Margin decreased 46% from 10% in FY24 to 5% in FY25 due to high-volume, lower-margin trading activity.

EBITDA Margin

FY24 EBITDA was INR 685.74 Lakhs (11.3% margin). FY25 EBITDA grew significantly in absolute terms due to a 245% revenue surge, though margins compressed to approximately 5%.

Capital Expenditure

H1 FY26 capital expenditure for Property, Plant, and Equipment was INR 203.20 Lakhs. FY25 saw a significant increase in CAPEX to support business growth.

Credit Rating & Borrowing

Not disclosed. Borrowing costs (Finance Costs) were INR 41.88 Lakhs in FY25, with an interest coverage ratio of 29.54, up 49% YoY.

⚙️ Operational Drivers

Raw Materials

IT Hardware Stock (Laptops, Desktops, Servers, Workstations) representing 99.8% of total operational costs.

Import Sources

Not disclosed; however, products are sourced through authorized sub-dealer channels for global OEMs.

Key Suppliers

Authorized sub-dealer for HP, Lenovo, and Dell.

Capacity Expansion

Not a manufacturer; however, the company expanded its service capabilities into cloud server management and server maintenance.

Raw Material Costs

Purchase of Stock in Trade was INR 21,041.93 Lakhs in FY25, representing 99.8% of total revenue. Procurement is based on client-specific customized needs.

Manufacturing Efficiency

Not applicable as the company operates in IT trading and services.

📈 Strategic Growth

Growth Strategy

Scaling operations through SME IPO proceeds, expanding the product portfolio to include CCTV and SAN storage, and transitioning from a proprietorship (SAM Computers) to a public limited structure to handle larger corporate contracts.

Products & Services

Laptops, Desktops, Servers, Workstations, Computer Peripherals, Switches, SAN Storage, CCTV, Printers, and Cloud Server Management services.

Brand Portfolio

Operates as an authorized sub-dealer for HP, Lenovo, and Dell.

New Products/Services

Recent expansion into CCTV, CCTV Cables, and SAN Storage solutions to diversify the IT hardware portfolio.

Market Expansion

Transitioned to a public limited company in November 2023 to facilitate market expansion and capital raising for larger scale operations.

Strategic Alliances

Authorized sub-dealer partnerships with tech giants HP, Lenovo, and Dell.

🌍 External Factors

Industry Trends

The IT hardware industry is shifting toward customized solutions and managed services; Slone is positioning itself by offering cloud server management alongside hardware sales.

Competitive Landscape

Fragmented and highly competitive IT hardware trading market with low barriers to entry for small-scale traders.

Competitive Moat

Moat is based on 24 years of promoter experience (since 1999) and established authorized sub-dealer relationships with major OEMs, which are sustainable but subject to competitive pricing pressure.

Macro Economic Sensitivity

Highly sensitive to corporate IT spending budgets and government regulations regarding IT hardware taxation.

Consumer Behavior

Corporate clients are increasingly seeking single-window providers for both IT hardware procurement and long-term maintenance/cloud services.

Geopolitical Risks

Supply chain vulnerabilities related to global semiconductor and hardware manufacturing hubs.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with the Companies Act 2013, SEBI (LODR) Regulations 2015, and IT product standards; risk of legal action from manufacturers for unauthorized IT products.