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Tracxn Technologies Limited (TRACXN)

₹31.81 -0.09% last close, 16 Oct

📊 NSE: TRACXN 🏢 Computers - Software - Medium / Small 📢 Latest filing: 15 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Tracxn Technologies' revenue was ₹20.5 Cr (-3.1% year on year, -2.6% on the previous quarter), and net profit ₹-2.6 Cr (a smaller loss than a year earlier); the operating margin was -19.9%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹20.5	-3.1%	-2.6%
Operating profit	₹-4.1	loss widened	loss widened
Net profit	₹-2.6	loss narrowed	loss widened
EPS (₹)	-0.25	loss narrowed	loss widened
Operating margin	-19.9%	—	—

Full quarterly financials → Results calendar →

TRACXN delivery percentage

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

On Fri, 16 Oct 2026, 61.9% of the TRACXN shares traded on NSE were taken to delivery, against the stock's own 20-session average of 64.44%. That is close to its usual level. Turnover was only ₹39 lakh, so a handful of trades can move this figure. Volume was 0.5 times its average, well below normal.

61.9%Delivery, 16 Oct

64.44%Own 20-session average

0.5×Volume vs its average

₹31.81NSE close · -0.09%

Delivery in the last 5 sessions: 58.0% · 49.4% · 59.5% · 70.1% · 61.9%

Delivery across the market →

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

Tracxn Launches AI Suite with MCP Integrations to Research Over 9M Tracked Companies

🟢 POSITIVE ⭐ 5/10

EXPANSION 📅 15 Oct 2026, 05:34 PM

Tracxn Technologies announced the launch of its AI Suite, introducing an AI Assistant and Model Context Protocol (MCP) integrations for tools like ChatGPT, Claude, and Gemini. The platform tracks over 9 million companies and entities globally, enabling users to perform conversational searches and directly embed research data into their workflows. Financially, Tracxn remains unprofitable with a TTM net loss of Rs -8 Cr on Rs 84 Cr TTM revenue, having faced sluggish revenue growth alongside weak global private market deal-making. Investors will monitor whether this product launch improves enterprise client retention and accelerates ARPU growth beyond the typical $10,000 to $30,000 annual contract range.

Launched AI Suite featuring natural language search and MCP integrations with ChatGPT, Claude, Gemini, Co-pilot, and Cursor.
Suite leverages Tracxn's database tracking over 9 million companies and entities globally.
Represents the first phase of Tracxn's AI roadmap toward agentic workflows and unified natural-language interfaces.
No immediate direct financial metrics or pricing alterations were disclosed in the release.

💡 Track whether the new AI features drive an acceleration in paid account additions and revenue growth in upcoming quarterly earnings releases.

Tracxn Technologies Submits Demat Certificate for Quarter Ended Sep 30, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 06 Oct 2026, 05:25 PM

Tracxn Technologies Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirms that securities received for dematerialisation during the quarter were processed, confirmed or rejected, and cancelled within prescribed timelines. The filing is a recurring procedural requirement and carries no operational or financial impact.

Compliance certificate submitted under Regulation 74(5) for the quarter ended September 30, 2026
Certificate received from RTA MUFG Intime India Private Limited dated October 03, 2026
Dematerialisation requests confirmed/rejected and mutilated within regulatory timelines

💡 No action needed; this is a standard quarterly compliance filing. Investors should look out for upcoming quarterly earnings results for operational updates.

Tracxn Allots 30,048 Equity Shares Under ESOP 2016

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Sep 2026, 01:29 PM

Tracxn Technologies Limited has approved the allotment of 30,048 equity shares of face value Re. 1/- each under its Employee Stock Option Plan 2016. The allotment was approved by the Nomination and Remuneration Committee via circular resolution on September 08, 2026, at an exercise price of Re. 1/- per share. Following this issuance, the company's paid-up share capital increased marginally from 10,69,25,031 shares (Rs. 10,69,25,031) to 10,69,55,079 shares (Rs. 10,69,55,079). The newly allotted shares rank pari passu with existing equity shares.

Allotment of 30,048 equity shares of face value Re. 1/- each under ESOP 2016
Exercise price fixed at Re. 1/- per equity share
Total paid-up share capital increased from Rs. 10,69,25,031 to Rs. 10,69,55,079
Total outstanding shares rose by 0.028% to 10,69,55,079 shares

💡 Track quarterly shareholding patterns and future ESOP allotments to assess overall equity dilution trends.

Tracxn Grants 1.35 Lakh Stock Options at Re 1 Exercise Price Under ESOP 2016

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Aug 2026, 06:08 PM

Tracxn Technologies Limited announced that its Nomination and Remuneration Committee approved the grant of 135,404 stock options to eligible employees under the TRACXN Employee Stock Option Plan 2016. Each option is convertible into one equity share of face value Re 1 at an exercise price of Re 1 per share. The options can be exercised within five years from the vesting date. The potential dilution from this grant represents approximately 0.13% of the company's total equity base.

Approved grant of 135,404 stock options under the ESOP 2016 scheme
Exercise price fixed at face value of Re 1 per share
Each option confers the right to apply for 1 equity share of Re 1 face value
Exercise window spans up to 5 years from the respective vesting date

💡 Track subsequent quarterly filings for any impact on employee share-based payment expenses and overall dilution over time.

Tracxn Shareholders Approve All 5 AGM Resolutions With >99.99% Majority

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 19 Aug 2026, 05:32 PM

Tracxn Technologies Limited has submitted the voting results and Scrutinizer's report for its 14th Annual General Meeting held on August 17, 2026. Shareholders passed all 5 resolutions with over 99.99% approval, including the adoption of FY26 financial statements, the re-appointment of director Mr. Abhishek Goyal, and the appointment of M/s MSKC & Associates LLP as Statutory Auditors. Additionally, shareholders approved the appointment and remuneration of Mr. Akshay Bhushan as Non-Executive Independent Director. Total turnout was 38.43% with 4,10,85,739 votes polled across 73,987 eligible shareholders.

All 5 resolutions passed with an approval rate exceeding 99.99% of valid votes polled.
Total voter turnout stood at 38.43% (4,10,85,739 votes polled out of 10,69,18,589 total shares).
Ratified the appointment of M/s MSKC & Associates LLP, Chartered Accountants, as Statutory Auditors.
Approved appointment and remuneration of Mr. Akshay Bhushan as Non-Executive Independent Director.

💡 Track subsequent quarterly financial earnings and updates on enterprise partnerships (such as TMX Datalinx) to gauge progress on turning operating margins positive.

Tracxn Technologies Concludes 14th AGM; Tables 5 Resolutions for Shareholder Voting

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 17 Aug 2026, 09:13 PM

Tracxn Technologies Limited conducted its 14th Annual General Meeting (AGM) on August 17, 2026, through video conferencing with 35 members attending. Shareholders voted on 5 key resolutions, including the adoption of FY26 financial statements, the re-appointment of Director Abhishek Goyal, and the appointment of M/s M S K C & Associates LLP as Statutory Auditors. The meeting also addressed the appointment and remuneration of Mr. Akshay Bhushan as Non-Executive Independent Director. Consolidated voting results are scheduled to be submitted within two working days.

14th AGM held on August 17, 2026, attended by 35 shareholders via video conferencing
5 resolutions presented for shareholder approval across ordinary and special business
Remote e-voting was available from August 14 to August 16, 2026, with additional 15 minutes post-AGM voting
Final scrutinizer report and voting outcomes to be published within 2 working days

💡 Track the upcoming disclosure of voting results and Scrutinizer's report within 2 working days to verify resolution passage, alongside operational updates on TMX partnership traction in upcoming quarters.

6,442 equity shares allotted under ESOP 2016 at Re 1 exercise price

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Aug 2026, 05:19 PM

Tracxn Technologies has approved the allotment of 6,442 equity shares following the exercise of options under its 2016 Employee Stock Option Plan. The shares were issued at a nominal exercise price of Re 1 per share, resulting in a total realization of Rs 6,442. This allotment is extremely small in magnitude, representing a dilution of approximately 0.006% of the company's total paid-up capital. The company remains loss-making with a TTM PAT of Rs -8 Cr and a June 2026 quarter EPS of Rs -0.28.

Allotment of 6,442 equity shares approved via circular resolution on August 07, 2026
Exercise price fixed at Re 1 per share, significantly below the current market price of Rs 30
Total paid-up share capital increased from 10,69,18,589 to 10,69,25,031 shares
Diluted earnings per share for the quarter ended June 30, 2026, stands at Rs -0.28
Total money realized from this specific exercise is Rs 6,442

💡 Investors should treat this as a routine administrative event. The primary focus should remain on the company's ability to achieve its 41% expected growth rate and turn profitable, given the current TTM operating margin of -7.8%.

Tracxn Q1 FY27: Revenue at ‡21.1 Cr, Plans to Double Sales Team to 60 by Dec 2026

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 06 Aug 2026, 03:54 PM

Tracxn reported a marginal 2.9% QoQ revenue growth to ‡21.1 Cr for Q1 FY27, while remaining loss-making with a PAT of -‡3.0 Cr. The company is aggressively expanding its Go-To-Market (GTM) strategy, aiming to double its closing-sales team to 60 members by December 2026 from 34 in December 2025. Customer accounts grew 16% YoY to 2,350, and deferred revenue reached an all-time high of ‡38.8 Cr. Despite current losses, management highlights high operating leverage, noting historical conversion of up to 80% of incremental revenue into EBITDA.

Revenue from operations grew 2.9% QoQ to ‡21.1 Cr in Q1 FY27
Customer accounts increased 16% YoY to 2,350, with total users up 22% to 6,534
Deferred revenue reached a record ‡38.8 Cr, representing a 6% QoQ increase
Sales team expansion target set to reach 60 members by Dec 2026 from 34 in Dec 2025
Cash and cash equivalents remain healthy at ‡88.2 Cr despite a negative free cash flow of ‡2.2 Cr

💡 Monitor the conversion of the expanded sales team into higher revenue growth in H2 FY27 and the impact of international data augmentation on win rates.

Tracxn Releases Video Recording of Q1 FY27 Earnings Call

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Aug 2026, 06:28 PM

Tracxn Technologies has released the video recording of its earnings call held on August 05, 2026, regarding the un-audited financial results for the quarter ended June 30, 2026. This is a standard regulatory filing following the earnings announcement. The company currently reports a TTM revenue of ₹84 Cr and a net loss of ₹8 Cr. Investors can access the recording to hear management's commentary on their 41% expected growth strategy and North American expansion plans.

Earnings call conducted on August 05, 2026, at 4:30 P.M. IST
Recording pertains to the un-audited financial results for the quarter ended June 30, 2026
Filing complies with Regulation 30 of SEBI Listing Regulations
Company maintains a market capitalization of ₹322 Cr with a TTM OPM of -7.8%

💡 Investors should review the recording to understand how management plans to reverse the current loss-making trend (TTM PAT of ₹-8 Cr) and the status of the TMX Datalinx partnership.

Tracxn Q1 FY27: Revenue flat at ₹21.1 Cr, PAT swings to ₹3.0 Cr loss as costs rise

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 04:01 PM

Tracxn Technologies reported a stagnant Q1 FY27 with revenue from operations at ₹21.1 Cr, a marginal 0.6% YoY decline. The company swung to a net loss of ₹3.01 Cr compared to a profit of ₹1.12 Cr in the same period last year, primarily due to rising employee benefit expenses which now consume 86.7% of total expenditure. A positive outlier is the deferred revenue, which reached an all-time high of ₹38.8 Cr (up 16% YoY), suggesting some future revenue visibility. The company remains debt-free with a substantial cash balance of ₹88.2 Cr, representing approximately 27% of its current market capitalization.

Revenue from operations stood at ₹21.1 Cr, showing a slight 0.6% YoY decline and 2.9% QoQ growth.
Net loss widened to ₹3.01 Cr for Q1 FY27, down from a profit of ₹1.12 Cr in Q1 FY26.
Deferred revenue grew 16% YoY to ₹38.8 Cr, indicating a healthy pipeline of prepaid subscriptions.
Employee benefit expenses rose to ₹22 Cr, accounting for 86.7% of the total ₹25.4 Cr quarterly expenditure.
Cash and cash equivalents remained strong at ₹88.2 Cr as of June 30, 2026.

💡 Monitor the conversion of the record-high deferred revenue into actual recognized revenue in upcoming quarters. Investors should specifically watch for management's ability to contain employee costs, which currently exceed total operational revenue.

Tracxn Q1 FY27: Net Loss Widens to ₹3.01 Cr as Revenue Stagnates at ₹21.08 Cr

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 05 Aug 2026, 03:49 PM

Tracxn Technologies reported a net loss of ₹3.01 cr for the quarter ended June 30, 2026, widening from a loss of ₹2.63 cr in the preceding quarter and a profit of ₹0.12 cr in the year-ago period. Revenue from operations remained stagnant at ₹21.08 cr, showing a marginal 2.9% sequential growth but a 0.6% year-on-year decline. The company's cost structure remains heavy, with employee benefit expenses of ₹21.98 cr actually exceeding its total operational revenue. This indicates that the company is still struggling to achieve the operating leverage required for sustainable profitability.

Net loss widened to ₹3.01 cr in Q1 FY27 compared to a profit of ₹0.12 cr in Q1 FY26.
Revenue from operations stood at ₹21.08 cr, representing approximately 25% of the TTM revenue of ₹84 cr.
Employee benefit expenses reached ₹21.98 cr, accounting for 104.3% of the revenue from operations.
Total expenses increased to ₹25.37 cr, up from ₹24.63 cr in the previous quarter ended March 2026.
The company allotted 160,067 equity shares during the quarter under its ESOP scheme.

💡 Investors should monitor if the strategic partnership with TMX Datalinx and expansion into the Indian debt market can drive revenue growth above the ₹21-22 cr quarterly ceiling seen over the last two years.

Tracxn Schedules Q1FY27 Earnings Call for August 05, 2026

🟡 NEUTRAL ⭐ 3/10

EARNINGS 📅 31 Jul 2026, 07:02 PM

Tracxn Technologies has scheduled its earnings conference call for Wednesday, August 05, 2026, at 4:30 PM IST to discuss the unaudited financial results for the quarter ended June 30, 2026. The call will feature top management, including the Chairperson & MD and the CFO. This comes at a critical time as the company reported a TTM net loss of Rs 8 Cr and a negative operating margin of -7.8%. Investors will likely seek updates on the company's 41% expected growth target and the status of its North American enterprise expansion.

Earnings conference call scheduled for August 05, 2026, at 04:30 PM IST.
Management representation includes Chairperson & MD Neha Singh and CFO Prashant Chandra.
Discussion will cover unaudited financial results for the quarter ended June 30, 2026.
Company currently operates with a TTM revenue of Rs 84 Cr and a market cap of Rs 314 Cr.
Recent quarterly performance showed a net loss of Rs 2.63 Cr for the period ended March 2026.

💡 Investors should monitor the Q1FY27 results for any reversal in the trend of quarterly losses and updates on the TMX Datalinx partnership execution.

Tracxn to Hold 14th AGM on August 17, 2026; Annual Report FY26 Released

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 23 Jul 2026, 07:23 PM

Tracxn Technologies has scheduled its 14th Annual General Meeting (AGM) for August 17, 2026, to be conducted via video conferencing. The company has dispatched communications to shareholders whose email addresses are not registered, providing access to the Annual Report for FY 2025-26. This administrative filing comes as the company reports a TTM revenue of ₹84 Cr and a TTM net loss of ₹8 Cr. Shareholders are also reminded to update KYC details and dematerialize physical securities as per SEBI mandates.

14th Annual General Meeting scheduled for August 17, 2026, at 5:00 PM IST
Cut-off date for identifying shareholders without registered emails was July 17, 2026
Annual Report for FY 2025-26 made available on the company's investor relations website
TTM revenue of ₹84 Cr against a current market capitalization of ₹315 Cr
Mandatory KYC update reminder issued pursuant to SEBI circular dated May 07, 2024

💡 Investors should review the full FY26 Annual Report for management's outlook on achieving profitability, given the current TTM net loss of ₹8 Cr and the 49.4% share price decline over the last 12 months.

Tracxn to hold 14th AGM on Aug 17, 2026; proposes new auditor and independent director

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 23 Jul 2026, 04:38 PM

Tracxn Technologies has scheduled its 14th Annual General Meeting (AGM) for August 17, 2026, to be conducted via video conferencing. Key agenda items include the appointment of M/s. M S K C & Associates LLP as statutory auditors for a five-year term (FY27-FY31) and the appointment of Mr. Akshay Bhushan as an Independent Director. Mr. Bhushan, a venture capital veteran, is proposed to receive a remuneration of ₹12 Lakhs per annum starting August 2026. These governance steps come as the company navigates a loss-making period, with a TTM net profit of -₹8 Cr.

AGM scheduled for August 17, 2026, at 5:00 PM IST via Video Conferencing.
Proposed appointment of M/s. M S K C & Associates LLP as Statutory Auditors for a 5-year term until FY 2030-31.
Mr. Akshay Bhushan proposed as Independent Director with remuneration increasing from ₹10 Lakhs to ₹12 Lakhs per annum effective August 6, 2026.
Mr. Abhishek Goyal, holding 1,88,82,295 shares (approx. 18% of total equity), seeks re-appointment as Director retiring by rotation.
The company reported a TTM revenue of ₹84 Cr against a net loss of ₹8 Cr.

💡 Investors should monitor the voting results of the AGM to confirm the appointment of the new auditor and independent director, ensuring governance stability during the company's turnaround efforts.

Tracxn Technologies Submits Quarterly Dematerialization Certificate for June 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Jul 2026, 05:41 PM

Tracxn Technologies has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that all share certificates received for dematerialization during the quarter ended June 30, 2026, were processed by the Registrar and Transfer Agent, MUFG Intime India Private Limited. The registrar verified, mutilated, and cancelled the physical certificates and updated the depositories as the registered owners. This is a standard administrative procedure to ensure the integrity of electronic shareholding records.

Compliance certificate issued for the quarter ended June 30, 2026
Certificate received from MUFG Intime India Private Limited dated July 01, 2026
Confirms securities received for dematerialization were listed on stock exchanges
Confirms physical certificates were mutilated and cancelled within prescribed timelines

💡 No action is required as this is a routine regulatory filing confirming administrative compliance regarding share dematerialization.

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.