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TRACXN - Tracxn Technolo.

📊 NSE: TRACXN 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/14/2025 14:29

📢 Recent Corporate Announcements

Tracxn Technologies Allots 35,847 Equity Shares Under ESOP 2016

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Mar 2026, 05:26 PM

Tracxn Technologies has approved the allotment of 35,847 equity shares following the exercise of stock options under its 2016 ESOP plan. The shares were issued at a nominal exercise price of Re. 1 per share, increasing the total paid-up share capital to 10,67,36,380 shares. This is a routine administrative action for employee compensation, resulting in a negligible equity dilution of approximately 0.03%. The new shares will rank equally with existing equity shares of the company.

Allotment of 35,847 equity shares of face value Re. 1 each
Total paid-up share capital increased from 10,67,00,533 to 10,67,36,380 shares
Exercise price for the options was set at Re. 1 per share
Total capital realized by the company from this exercise is Rs. 35,847

💡 No action is required as this is a routine ESOP allotment with minimal impact on the company's overall shareholding structure. Investors should focus on the company's core business metrics and upcoming quarterly results.

Tracxn Technologies Grants 78,888 Stock Options at Exercise Price of Re. 1

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Feb 2026, 05:46 PM

Tracxn Technologies Limited has approved the grant of 78,888 stock options to eligible employees under its ESOP 2016 plan. Each option is convertible into one equity share of face value Re. 1 at an exercise price of Re. 1 per share. The options are exercisable within five years from the date of vesting. This is a routine corporate action aimed at employee retention and aligning employee interests with shareholders.

Grant of 78,888 stock options to eligible employees under the TRACXN ESOP 2016 plan.
Exercise price is set at a nominal value of Re. 1 per option.
Each option confers the right to apply for one equity share of face value Re. 1.
Options can be exercised within five years from the date of vesting.
Approval was granted by the Nomination and Remuneration Committee via circular resolution on February 26, 2026.

💡 No action is required as this is a routine ESOP grant with minimal dilution impact on existing shareholders. Investors should continue to monitor the company's overall compensation strategy and its impact on margins.

Tracxn Reports 17.9% Revenue CAGR and 56% International Revenue in Investor Update

🟢 POSITIVE ⭐ 7/10

ROUTINE 📅 17 Feb 2026, 12:10 PM

Tracxn Technologies showcased its position as a leading global private market intelligence SaaS platform with over 7.1 million entities profiled. The company reported a healthy 17.9% operating revenue CAGR from FY21-25, significantly outpacing its cost growth of 8.2% during the same period. International markets contribute 56% of revenue as of 9MFY26, with a diverse customer base across 50+ countries including the USA and UK. The company is successfully scaling its high-value accounts, with those paying over INR 40L increasing from 3 in FY21 to 19 in FY25.

Revenue from operations stood at ₹84.5 Cr with a contract price of ₹88.5 Cr for FY25.
Operating revenue grew at a 17.9% CAGR (FY21-25) while total costs were contained at an 8.2% CAGR.
International revenue accounts for 56% of total revenue in 9MFY26, spanning 50+ countries.
Large customer accounts (INR 40L+) increased from 3 in FY21 to 19 in FY25, indicating higher wallet share.
The platform profiles over 7.1 million entities and serves 2,246 customer accounts globally.

💡 Investors should monitor the company's ability to maintain operating leverage as it scales. The growth in large-ticket accounts and international expansion are key positive indicators for long-term value.

Tracxn Technologies to Participate in Dolat Capital Corporate Conference on Feb 18, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 12 Feb 2026, 03:57 PM

Tracxn Technologies Limited has scheduled a physical group meeting with analysts and institutional investors on February 18, 2026. The meeting is part of the 'Dolat Capital Corporate Conference 2026 – Decoding Growth Strategies.' The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this session. This is a routine disclosure under SEBI Listing Regulations to maintain transparency regarding management interactions with the investment community.

Meeting scheduled for February 18, 2026, organized by Dolat Capital.
The interaction will be a physical group meeting focused on 'Decoding Growth Strategies'.
Disclosure made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Company confirmed that no Unpublished Price Sensitive Information (UPSI) will be disclosed during the meet.

💡 Investors should monitor for any investor presentations or transcripts released after the conference for insights into the company's growth strategy. No immediate action is required as this is a routine regulatory filing.

Tracxn Q3 FY26: Active Accounts Grow 32% YoY to 2,246; PAT Remains Positive at ₹0.1 Cr

🔵 WATCH ⭐ 7/10

EARNINGS 📅 10 Feb 2026, 06:38 PM

Tracxn reported Q3 FY26 revenue of ₹21 crore and a positive PAT of ₹0.1 crore, despite a negative EBITDA of ₹1.7 crore primarily due to non-cash ESOP charges. The company demonstrated strong volume growth with active customer accounts increasing 32% YoY to 2,246 and total users growing 33% to 6,156. The India business unit showed significant traction with a 43% growth in accounts, while international markets continued to contribute a majority 56% of total revenue. Management is aggressively scaling its sales team, aiming to reach 60 members by the end of 2026 to accelerate global customer acquisition.

Active customer accounts grew 32% YoY to 2,246, with 103 net new accounts added in Q3 alone.
9M FY26 revenue reached ₹63.5 crore with a PAT of ₹1.7 crore and cash reserves of ₹90.2 crore.
India BU revenue grew 14% YoY, supported by a 10x expansion in private company financial data coverage.
Skill costs remain the largest expense at 88% of total costs, reflecting the company's in-house data operations model.
Management plans to double the closing sales team from 34 to 60 by the end of calendar year 2026.

💡 Investors should monitor if the strong 32% growth in customer accounts eventually translates into higher revenue growth, as current revenue growth lags behind volume. The company's ability to maintain profitability while doubling its sales team will be a key metric for future valuation.

Tracxn Technologies Allots 21,214 Equity Shares Under ESOP 2016

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 09 Feb 2026, 02:45 PM

Tracxn Technologies has approved the allotment of 21,214 equity shares to eligible employees under its 2016 Employee Stock Option Plan. The shares were issued at a nominal exercise price of Re. 1 per share, following the exercise of vested options. This allotment increases the company's total paid-up share capital to 10,67,00,533 shares. The dilution resulting from this issuance is negligible, representing less than 0.02% of the total equity.

Allotment of 21,214 equity shares of face value Re. 1 each.
Exercise price for the options was set at Re. 1 per share.
Total paid-up share capital increased from 10,66,79,319 to 10,67,00,533 shares.
Total money realized by the company from this exercise is Rs. 21,214.
The new shares will rank pari passu with existing equity shares.

💡 No action is required as this is a routine administrative allotment with minimal impact on share value. Investors should remain focused on the company's quarterly financial performance and profitability trends.

Tracxn Technologies Releases Q3 FY26 Earnings Call Video Recording

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Feb 2026, 06:58 PM

Tracxn Technologies has officially released the video recording of its earnings call held on February 05, 2026. The call focused on the company's unaudited financial performance for the third quarter and the nine-month period ending December 31, 2025. This disclosure is a standard regulatory requirement under SEBI Listing Regulations to ensure transparency for all shareholders. Investors can now access the full management commentary and Q&A session via the provided digital link.

Earnings call for Q3 and nine months ended December 31, 2025, was conducted on February 05, 2026.
Video recording of the session is now publicly available on the company's investor relations website.
The disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The call followed the release of the company's unaudited financial results for the period ending December 2025.

💡 Investors should review the recording to understand management's perspective on the company's financial health and future growth drivers. It is a valuable resource for assessing the qualitative aspects of the recent quarterly results.

Tracxn Q3 FY26: Revenue Flat at ₹21 Cr; Customer Accounts Grow 32% Amid Growth Investments

🔵 WATCH ⭐ 7/10

EARNINGS 📅 05 Feb 2026, 03:53 PM

Tracxn reported a marginal 0.3% YoY revenue growth for Q3 FY26 at ₹21.0 crore, while EBITDA turned negative at -₹1.7 crore due to aggressive investments in sales and data. Despite stagnant revenue, customer accounts saw a robust 32% YoY increase to 2,246, driven primarily by a 43% growth in the Indian market. The company maintains a strong cash position of ₹90.2 crore and plans to double its closing sales team by December 2026 to accelerate international growth and reverse the 8% decline in international revenue.

Revenue from operations remained flat at ₹21.0 crore for Q3 FY26, with 9M FY26 revenue at ₹63.5 crore.
Customer accounts grew by 32% YoY to 2,246, while total users increased by 33% YoY.
India business showed strength with 14% revenue growth and 43% account growth, offsetting an 8% decline in international revenue.
EBITDA for Q3 FY26 stood at -₹1.7 crore compared to ₹2.4 crore in the previous year, reflecting higher employee costs for growth initiatives.
Strong balance sheet with ₹90.2 crore in cash and cash equivalents as of December 31, 2025.

💡 Investors should monitor if the high volume growth in customer accounts translates into revenue growth in the coming quarters as the sales team scales. The company's ability to monetize its expanded data offerings in India and stabilize international revenue will be key to margin recovery.

Tracxn Technologies Reports Q3 FY26 Net Loss of ₹81.38 Lakhs Amid Stagnant Revenue

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Feb 2026, 03:45 PM

Tracxn Technologies reported a net loss of ₹81.38 Lakhs for Q3 FY26, a significant downturn from a profit of ₹141.99 Lakhs in the same quarter last year. Revenue from operations remained nearly flat at ₹2,103.98 Lakhs, showing a marginal decline of 1.6% YoY. The company's performance was pressured by rising employee benefit expenses and a one-time exceptional charge of ₹94.10 Lakhs due to the implementation of new Labour Codes. While the net loss narrowed compared to the previous quarter's ₹556.26 Lakhs (which included a large tax reversal), the lack of top-line growth remains a concern.

Revenue from operations stood at ₹2,103.98 Lakhs, down 1.6% YoY and 1% QoQ.
Reported a Loss Before Tax of ₹111.55 Lakhs, which includes an exceptional hit of ₹94.10 Lakhs for Labour Code compliance.
Employee benefit expenses rose to ₹2,007.32 Lakhs, representing approximately 95% of operational revenue.
9-month FY26 net loss widened to ₹525.67 Lakhs compared to a loss of ₹196.46 Lakhs in 9M FY25.
The company maintained a single-segment focus on Platform Subscriptions with no subsidiary operations.

💡 Investors should exercise caution as the company struggles with stagnant revenue growth and high fixed employee costs. Monitor the management's commentary on future revenue scalability and the impact of the recent buyback on return ratios.

Tracxn Technologies Q3 FY26: Revenue at ₹21.04 Cr, Reports Net Loss of ₹0.81 Cr

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Feb 2026, 03:41 PM

Tracxn Technologies reported a marginal year-on-year decline in revenue from operations to ₹21.04 crore for the quarter ended December 31, 2025. The company posted a net loss of ₹0.81 crore, a significant drop from the ₹1.42 crore profit recorded in the same quarter previous year. Financials were impacted by an exceptional charge of ₹0.94 crore due to the implementation of new statutory Labour Codes. High employee benefit expenses, which reached ₹20.07 crore this quarter, continue to weigh heavily on the bottom line.

Revenue from operations stood at ₹2,103.98 Lakhs, down from ₹2,139.31 Lakhs in the year-ago quarter.
Reported a net loss of ₹81.38 Lakhs for Q3 FY26 compared to a profit of ₹141.99 Lakhs in Q3 FY25.
Exceptional item of ₹94.10 Lakhs recognized for statutory impact of new Labour Codes on gratuity and leave encashment.
Employee benefit expenses rose to ₹2,007.32 Lakhs, accounting for approximately 88% of total expenses.
Nine-month (9M FY26) net loss reached ₹525.67 Lakhs, primarily due to a ₹6.00 crore deferred tax reversal in Q2.

💡 Investors should be cautious as revenue growth remains stagnant while high employee costs and exceptional items have pushed the company into a loss. Monitor the company's ability to improve margins and scale its platform subscription model in upcoming quarters.

Tracxn Technologies Receives Independent ESG Rating of 42.8/100 for FY 2024-25

🟡 NEUTRAL ⭐ 4/10

REGULATORY 📅 28 Jan 2026, 06:35 PM

Tracxn Technologies has been assigned an Environmental, Social, and Governance (ESG) rating of 42.8 out of 100 by SES ESG Research Private Limited for the financial year 2024-25. This rating was assigned independently by SES based on publicly available information, as the company did not formally engage the provider for this assessment. The disclosure is in compliance with SEBI's Master Circular regarding ESG rating requirements for listed entities. A score of 42.8 represents a moderate starting point for the company's ESG journey in the public markets.

SES ESG Research Private Limited assigned an adjusted ESG rating of 42.8/100
The rating pertains to the company's performance and disclosures during FY 2024-25
Assessment was conducted independently by a SEBI Registered Category-II ESG Rating Provider
The company did not engage the rating agency; the score is based on public domain data
Disclosure follows SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155

💡 Investors should view this as a baseline metric for the company's sustainability and governance disclosures. No immediate portfolio action is required, but long-term investors should track if the score improves as the company matures.

Tracxn Technologies Allots 81,629 Equity Shares Under ESOP 2016

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 08 Jan 2026, 05:19 PM

Tracxn Technologies has approved the allotment of 81,629 equity shares to eligible employees under its 2016 ESOP scheme. The shares were issued at a nominal exercise price of Re. 1 per share, resulting in a total realization of Rs. 81,629. This allotment increases the company's total paid-up share capital to 10,66,79,319 equity shares. The new shares will rank pari-passu with existing shares and do not carry specific lock-in restrictions beyond standard regulatory requirements.

Allotment of 81,629 equity shares of face value Re. 1 each
Exercise price set at Re. 1 per share, raising a total of Rs. 81,629
Total paid-up share capital increased to 10,66,79,319 shares from 10,65,97,690
Diluted EPS for the quarter ended September 30, 2025, reported at Rs (0.52)

💡 This is a routine ESOP allotment with negligible equity dilution (approximately 0.08%). No immediate action is required as this is a standard part of employee compensation.

Tracxn Technologies Submits Quarterly SEBI Compliance Certificate for Dec 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Jan 2026, 04:56 PM

Tracxn Technologies has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the period ended December 31, 2025. The certificate, issued by MUFG Intime India Private Limited, confirms that securities received for dematerialization were processed and listed on stock exchanges. It also verifies that physical certificates were mutilated and cancelled after due verification. This is a standard administrative filing ensuring the accuracy of the company's shareholding records.

Compliance certificate issued for the quarter ended December 31, 2025.
Confirmation provided by Registrar and Transfer Agent, MUFG Intime India Private Limited.
Securities received for dematerialization were processed and listed on exchanges within prescribed timelines.
Physical security certificates were mutilated and cancelled after verification by the depository participant.

💡 No action is required from investors as this is a routine regulatory filing confirming the company's administrative compliance.

Tracxn Technologies to Close Trading Window from Jan 1, 2026 for Q3 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Dec 2025, 11:38 AM

Tracxn Technologies Limited has announced the closure of its trading window starting January 1, 2026, in compliance with SEBI insider trading regulations. This closure is ahead of the declaration of the company's unaudited financial results for the quarter ending December 31, 2025. The window will remain closed for all designated persons and their immediate relatives until 48 hours after the results are made public. The specific date for the board meeting to approve these results will be communicated at a later time.

Trading window closure effective from Thursday, January 1, 2026.
Closure is related to the financial results for the quarter ended December 31, 2025.
Window to reopen 48 hours after the official declaration of the unaudited financial results.
Compliance follows the SEBI (Prohibition of Insider Trading) Regulations, 2015.

💡 This is a routine regulatory announcement with no immediate impact on stock fundamentals. Investors should monitor for the upcoming board meeting date to assess the company's Q3 performance.

View All TRACXN Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Revenue from operations for Q2 FY26 was INR 21.2 Cr, representing a 1% YoY growth and 0.2% QoQ growth. While revenue growth was modest, volume growth was robust with customer accounts increasing 41% YoY to 2,143 and users growing 44% YoY to 5,914.

Geographic Revenue Split

The company has a strong global presence with over 50% of revenue derived from international geographies. Specifically, the Americas (primarily North America) contribute nearly 30% of total revenue.

Profitability Margins

Q2 FY26 PAT margin (excluding deferred tax adjustments) was 2% (INR 0.5 Cr). The company reported a total income of INR 22.5 Cr for the quarter.

EBITDA Margin

EBITDA margin for Q2 FY26 was -3% (INR -0.6 Cr), reflecting ongoing investments in growth initiatives and data augmentation despite a 1% YoY revenue increase.

Capital Expenditure

Not disclosed in available documents; however, the company generated a Free Cash Flow of INR 1.5 Cr in Q2 FY26.

⚙️ Operational Drivers

Raw Materials

As a SaaS platform, the primary 'raw material' is human capital and data. Headcount stood at 644 as of Q2 FY26, representing a 3% increase since FY21, while revenue doubled in the same period.

Import Sources

The sales and operations teams are primarily based in India, serving customers in over 50 countries.

Capacity Expansion

The company is expanding its data 'capacity' by augmenting datasets for investment banks, including private company financials, PE/VC databases, and regulated data like loans, charges, and legal case data.

Raw Material Costs

Total expenses increased by 43% since FY21, significantly lower than the 100% revenue growth in the same period, demonstrating high operating leverage.

Manufacturing Efficiency

Operating leverage is a key efficiency metric; revenue doubled since FY21 with only a 3% increase in headcount (from 624 to 644).

Logistics & Distribution

Distribution is handled digitally via the Tracxn software platform; physical sales presence is being expanded through channel partnerships like TMX Datalinx.

📈 Strategic Growth

Expected Growth Rate

41%

Growth Strategy

Growth will be achieved through a strategic channel partnership with TMX Datalinx (part of TMX Group, market cap ~$10B) to penetrate North American enterprise accounts, and by expanding into the Indian debt market and NBFC segments through augmented regulated datasets.

Products & Services

Data and software platform for global private markets, providing intelligence on startups, private companies, and investment activity to VC/PE firms and investment banks.

Brand Portfolio

Tracxn

New Products/Services

Augmented datasets including private company financials, key ratios, and regulated data such as loans, charges, and legal case data to target NBFCs and debt markets.

Market Expansion

Targeting North American enterprise accounts through TMX partnership and the Indian debt market/NBFC segment.

Strategic Alliances

Channel partnership with TMX Datalinx, the information services division of TMX Group (owner of Canada's largest stock exchange).

🌍 External Factors

Industry Trends

The private market data industry is evolving towards more comprehensive, regulated datasets. Tracxn is positioning itself as a global platform spanning 50+ countries to capture this shift.

Competitive Landscape

Competes with other large global data companies in the private market intelligence space.

Competitive Moat

The primary moat is operating leverage and data network effects; the ability to double revenue with only 3% headcount growth suggests a highly scalable and sustainable competitive advantage.

Macro Economic Sensitivity

Highly sensitive to the health of the global private equity and venture capital ecosystem.

Consumer Behavior

Shift towards large enterprise accounts requiring physical sales presence or entrenched channel partners in financial hubs.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, specifically Regulations 17 to 27 regarding corporate governance.

Taxation Policy Impact

The company is not carrying any deferred tax assets as of September 2025. Taxable profits will depend on the speed of growth initiative conversions.

Legal Contingencies

Not disclosed in available documents; auditors reported no material non-compliance with corporate governance requirements for the period ending March 31, 2025.