VERTOZ - Vertoz
📢 Recent Corporate Announcements
Vertoz Limited has announced the resignation of Ms. Zill Shah from her role as Company Secretary and Compliance Officer. The resignation was tendered on March 12, 2026, and will be effective from the close of business on May 8, 2026. The departure is attributed to her pursuit of better career opportunities and professional growth. The company has a notice period of approximately two months to ensure a smooth transition of her responsibilities.
- Ms. Zill Shah to step down as Company Secretary & Compliance Officer effective May 8, 2026
- Resignation was formally submitted on March 12, 2026, providing nearly two months of notice
- Reason cited for resignation is better career opportunities and future growth prospects
- The company confirmed there are no other material reasons for the resignation
Vertoz Limited has announced a change in its corporate office location effective March 10, 2026. The corporate office has moved from Mulund West to Mindspace Business Parks in Navi Mumbai. Importantly, the company's registered office address remains unchanged at Avior Nirmal Galaxy, Mulund West. This is a routine administrative update and does not impact the company's financial standing or core business operations.
- Corporate office shifted to Mindspace Business Parks, Building No. 08, Navi Mumbai effective March 10, 2026
- Registered office remains at 602, Avior Nirmal Galaxy, Mulund West, Mumbai
- The move separates the corporate office from the registered office location
- Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
Vertoz Limited has successfully completed the acquisition of an 80% stake in Webimax LLC, a New Jersey-based digital marketing firm, through its US subsidiary. This strategic move is designed to strengthen Vertoz's AI-led media execution capabilities and deepen its footprint in the U.S. market. The acquisition is financially accretive, with management projecting an annual revenue contribution of approximately $9.5 million (₹87 crore). Additionally, the deal is expected to add roughly ₹17 crore to the company's annualized consolidated Profit After Tax (PAT).
- Acquired 80% stake in New Jersey-headquartered Webimax LLC via subsidiary Vertoz Inc.
- Expected to contribute approximately $9.5 million (~₹87 crore) in annual revenues.
- Projected to add approximately ₹17 crore in annualized PAT to consolidated performance.
- Webimax will operate as an independent unit focusing on performance and brand channels.
- Strategic shift towards AI-led, governed media execution in the high-growth U.S. market.
Vertoz Limited, through its US subsidiary Vertoz Inc., has completed the acquisition of an 80% stake in New Jersey-based Webimax LLC for a total consideration of up to USD 5.28 million. Webimax is a digital marketing firm with a consistent revenue profile, reporting $12 million in FY24 and $13 million in FY23. The deal includes a contingent earn-out of USD 400,000 and a path to acquire the remaining 20% stake over the next three years based on performance milestones. This acquisition significantly expands Vertoz's presence in the North American market and integrates AI-driven marketing automation capabilities into its portfolio.
- Acquisition of 80% stake in Webimax LLC for up to USD 5.28 million, including a USD 400,000 performance-based earn-out
- Webimax LLC reported steady revenues of $12M in FY24, $13M in FY23, and $12M in FY22
- The remaining 20% stake is scheduled to be acquired over the next three years based on specific performance milestones
- Strategic expansion into the North American market focusing on AI-enhanced search intelligence and automated lead discovery
- Transaction was completed on February 17, 2026, making Webimax a step-down subsidiary of Vertoz Limited
Vertoz Limited reported a strong Q3 FY26 with consolidated revenue growing 14% YoY to ₹75.42 crores and EBITDA jumping 63% to ₹13.46 crores. The company highlighted the strategic acquisition of US-based Webimax, which is expected to contribute approximately ₹87 crores in annual revenue and ₹17 crores in PAT. Management is repositioning Vertoz from a pure advertising firm to an integrated media and technology ecosystem player covering cloud and identity. The EBITDA margin improved significantly to 18% at the consolidated level due to better operational discipline and cost management.
- Consolidated EBITDA grew 63% YoY to ₹13.46 crores with margins improving to 18%.
- Consolidated Revenue for Q3 FY26 stood at ₹75.42 crores, a 14% increase year-on-year.
- Acquisition of US-based Webimax adds approximately $12 million (₹87 crores) in annual revenue and $2.4 million in EBITDA.
- Standalone PAT grew 21% YoY to ₹1.74 crores on revenue of ₹20.30 crores.
- Management is shifting focus toward AI-driven marketing automation and cloud infrastructure convergence.
Vertoz Limited has released the audio recording of its earnings conference call held on February 10, 2026. The call focused on the company's unaudited standalone and consolidated financial results for the quarter and nine-month period ending December 31, 2025. This disclosure is in compliance with SEBI Listing Obligations and Disclosure Requirements. Investors can access the recording via the company's website to gain deeper insights into management's commentary on performance and future outlook.
- Earnings conference call conducted on February 10, 2026, at 6:00 PM IST.
- Discussion covered financial results for the quarter and nine months ended December 31, 2025.
- Audio recording made available on the official company website as per SEBI regulations.
- The filing follows the initial earnings announcement notification dated February 05, 2026.
Vertoz Limited reported a steady 14% YoY growth in consolidated revenue, reaching ₹75.42 crore for Q3 FY26. While the company achieved a significant 63% YoY jump in consolidated EBITDA to ₹13.46 crore, consolidated PAT saw a decline of 16% YoY to ₹6.16 crore. The management is pivoting the company from a pure AdTech player to an integrated MadTech and CloudTech platform, focusing on digital identity and cloud infrastructure. Despite global uncertainties, the company maintains a robust operating core with a focus on long-term scalability in a $6 trillion global market.
- Consolidated Revenue from operations grew 14% YoY to ₹7,541.69 Lacs.
- Consolidated EBITDA increased significantly by 63% YoY to ₹1,346.18 Lacs.
- Consolidated PAT declined by 16% YoY to ₹616.14 Lacs, indicating pressure on the bottom line despite operational growth.
- Standalone Revenue showed strong momentum with a 22% YoY increase to ₹2,029.56 Lacs.
- Strategic expansion into CloudTech and MadTech targeting a combined global market opportunity of $6 Trillion.
Vertoz Limited reported a 14% YoY increase in consolidated revenue to ₹75.42 crore for Q3 FY2026, driven by its evolving MadTech and CloudTech segments. While operational profitability was strong with EBITDA growing 63% YoY to ₹13.46 crore and margins expanding to 18%, consolidated PAT saw a decline of 16% YoY to ₹6.16 crore. Standalone performance was more consistent, with PAT growing 21% YoY to ₹1.74 crore. The management is currently focused on a strategic recalibration to position the company as a broader technology infrastructure provider.
- Consolidated Revenue from Operations grew 14% YoY to ₹75.42 crore.
- Consolidated EBITDA increased significantly by 63% YoY to ₹13.46 crore, with margins improving to 18%.
- Consolidated PAT declined 16% YoY to ₹6.16 crore compared to ₹7.35 crore in the previous year.
- Standalone Revenue grew 22% YoY to ₹20.30 crore with a 21% growth in Standalone PAT.
- Management is pivoting the business model from advertising-led to a comprehensive MadTech and CloudTech powerhouse.
Vertoz Limited reported a steady growth in standalone revenue for Q3 FY26, reaching ₹20.30 crore, a 22.4% increase compared to ₹16.59 crore in the same quarter last year. Net profit for the quarter stood at ₹1.74 crore, up from ₹1.44 crore YoY, reflecting improved operational efficiency despite rising direct service costs. For the nine-month period ending December 2025, the company's standalone revenue surged to ₹57.49 crore from ₹40.10 crore in the previous year. Additionally, the board approved the appointment of a new Internal Auditor to enhance corporate governance.
- Standalone Revenue from Operations grew 22.4% YoY to ₹2,029.56 Lakhs in Q3 FY26.
- Net Profit for the quarter increased to ₹174.27 Lakhs from ₹144.29 Lakhs in Q3 FY25.
- Nine-month (9M FY26) Standalone Revenue reached ₹5,748.79 Lakhs, up from ₹4,009.78 Lakhs YoY.
- Total Comprehensive Income for Q3 FY26 stood at ₹173.51 Lakhs compared to ₹156.31 Lakhs in the year-ago period.
- The company successfully completed a 10:1 reverse stock split (consolidation) earlier in the year, changing face value to ₹10.
Vertoz Limited reported a steady performance for the quarter ended December 31, 2025, with standalone revenue from operations growing 22.4% YoY to ₹20.30 crore. Standalone Profit After Tax (PAT) increased to ₹1.74 crore from ₹1.44 crore in the same period last year. For the nine-month period, the company saw a significant revenue jump to ₹57.49 crore compared to ₹40.10 crore in the previous year. The Board also confirmed the appointment of a new Internal Auditor to strengthen corporate governance.
- Standalone revenue from operations grew 22.4% YoY to ₹2,029.56 lakhs in Q3 FY26.
- Standalone Net Profit (PAT) for the quarter stood at ₹174.27 lakhs, up from ₹144.29 lakhs in the previous year's quarter.
- Nine-month (9M FY26) standalone revenue reached ₹5,748.79 lakhs, nearly matching the entire previous full-year FY25 revenue.
- Total Comprehensive Income for the nine months ended Dec 2025 rose significantly to ₹516.87 lakhs from ₹365.10 lakhs YoY.
- The company completed a 1:10 share consolidation (reverse split) in June 2025, adjusting the face value from ₹1 to ₹10.
Vertoz Limited reported steady growth in its standalone financials for the quarter ended December 31, 2025. Standalone revenue from operations grew by 22.3% year-on-year to ₹2,029.56 Lakhs, while net profit increased by 20.8% to ₹174.27 Lakhs. For the nine-month period (9M FY26), the company showed strong momentum with revenue reaching ₹5,748.79 Lakhs, a 43.4% increase over the previous year. Additionally, the Board approved the appointment of a new Internal Auditor to strengthen corporate governance.
- Standalone Revenue from operations rose 22.3% YoY to ₹2,029.56 Lakhs in Q3 FY26.
- Standalone Net Profit for the quarter stood at ₹174.27 Lakhs, up from ₹144.29 Lakhs in Q3 FY25.
- Nine-month (9M FY26) standalone revenue reached ₹5,748.79 Lakhs, a 43.4% increase over 9M FY25.
- Total Comprehensive Income for 9M FY26 improved significantly to ₹516.87 Lakhs from ₹365.10 Lakhs YoY.
- The company completed a 10:1 share consolidation (reverse split) in June 2025, adjusting the face value to ₹10.
Vertoz Limited has announced its earnings conference call scheduled for February 10, 2026, at 6:00 PM IST. The call will focus on the unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025. Senior management, including Managing Director Hirenkumar Shah and Director Ashish Shah, will be present to discuss operational and financial performance. This is a standard regulatory procedure following the end of the fiscal quarter.
- Earnings conference call scheduled for Tuesday, February 10, 2026, at 6:00 PM IST.
- Discussion will cover Unaudited Standalone and Consolidated results for Q3 FY26.
- Management participants include MD Hirenkumar Shah and Director Ashish Shah.
- Universal dial-in numbers provided are +91 22 6280 1541 and +91 22 7115 8857.
- International toll-free access available for USA, UK, Singapore, and Hong Kong.
Vertoz Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by the company's Registrar and Share Transfer Agent, KFin Technologies Limited, confirms that dematerialization and rematerialization requests for the quarter ended December 31, 2025, have been processed. This is a standard regulatory filing required for all listed companies to ensure the integrity of shareholding records. No material financial information or corporate changes were disclosed in this announcement.
- Compliance certificate submitted for the quarter ended December 31, 2025.
- Certificate issued by Registrar and Share Transfer Agent (RTA), KFin Technologies Limited.
- Confirms reporting of dematerialized and rematerialized securities to NSDL and CDSL.
- The filing is a routine requirement under Regulation 74(5) of SEBI Regulations, 2018.
Vertoz Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting January 1, 2026. This action is a mandatory compliance step under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the quarterly financial reporting. The window will remain closed until 48 hours after the declaration of the unaudited financial results for the quarter ending December 31, 2025. The company will separately intimate the date of the board meeting for the results approval.
- Trading window closure commences on January 1, 2026.
- Restriction applies to all Designated Persons and their immediate relatives.
- Window to remain closed until 48 hours post-declaration of Q3 FY2025-26 results.
- Board meeting date for financial results consideration to be announced separately.
Vertoz Limited will invest ₹50 crore in its wholly-owned subsidiary, Vertoz Inc., to support a strategic acquisition in the United States. This investment, expected to be completed within 2 years in tranches, aims to enhance Vertoz Inc.'s operational capabilities and market presence. Vertoz Inc.'s revenue for FY24 was $4.96 million. The acquisition is intended to strengthen the Vertoz Group's ability to serve global clients.
- Investment of ₹50 Crores in Vertoz Inc.
- Vertoz Inc. FY24 Revenue: $4.96 Million
- Investment to be completed within 2 years
- Vertoz Inc. incorporated on 5th December 2012
- FY 2023 Revenue for Vertoz Inc. was $4.12 MN
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations grew 64.26% YoY, rising from INR 155.37 Cr in FY 2023-24 to INR 255.20 Cr in FY 2024-25. Standalone operations are cited as a primary growth engine with aggressive margin expansion.
Geographic Revenue Split
The company is heavily expanding its North American footprint; the Webimax acquisition is expected to add approximately INR 87 Cr (USD 9.5M) to Vertoz's existing annualized revenue of approximately INR 300 Cr, representing a ~29% increase in the revenue base from the US region.
Profitability Margins
Current annualized PAT is approximately INR 30 Cr on INR 300 Cr revenue (10% margin). The Webimax acquisition is highly accretive, expected to add INR 17 Cr in PAT on INR 87 Cr revenue, reflecting a superior net margin of ~19.5% for the acquired entity.
EBITDA Margin
Webimax generated an adjusted EBITDA of USD 2.4M on USD 12M revenue in CY24, representing a 20% EBITDA margin. Vertoz expects realistic synergies of USD 2M-3.5M (INR 16.6 Cr - 29 Cr) to further bolster group margins over 18-30 months.
Capital Expenditure
The Board approved a strategic investment of INR 50 Cr in its wholly-owned subsidiary, Vertoz Inc. (USA), to be deployed in tranches over 2 years to fund acquisitions and enhance operational capabilities.
Credit Rating & Borrowing
75% of the USD 6.6M Webimax acquisition is funded via debt from a premier Indian government financial institution specializing in international trade, which management views as an independent validation of financial health.
Operational Drivers
Raw Materials
As a MadTech/CloudTech firm, primary 'inputs' are technology infrastructure and human capital; specific physical raw materials are not applicable.
Key Suppliers
Not disclosed; however, the company utilizes AI-driven marketing automation and programmatic advertising platforms.
Capacity Expansion
The company is expanding its 'digital capacity' through the acquisition of Webimax, which brings a team of AI-driven marketing automation engineers and established AI-enhanced search intelligence systems.
Raw Material Costs
Not applicable; focus is on operational cost controls and India-driven cost efficiencies which are expected to contribute to USD 2M-3.5M in savings.
Manufacturing Efficiency
Not applicable; however, Webimax operates a highly efficient model with debtor days of just 30 days (1 month).
Logistics & Distribution
Not applicable; services are delivered via cloud-based programmatic platforms.
Strategic Growth
Expected Growth Rate
64.26%
Growth Strategy
Growth is driven by a dual strategy: Inorganic expansion via the acquisition of 80% of Webimax LLC for USD 5.28M (with a path to 100% in 3 years) and organic growth through standalone operations and AI-based delivery improvements. The company is also building an IP portfolio through strategic patent filings.
Products & Services
Programmatic advertising, AI-enhanced search intelligence, predictive performance systems, reputation intelligence, sentiment analysis, and experience-led web engineering.
Brand Portfolio
Vertoz, Webimax.
New Products/Services
AI-driven marketing automation and reputation management services via Webimax; strategic patent filed in India on Dec 3, 2025, to support long-term technology growth.
Market Expansion
Aggressive expansion in the North American market through Vertoz Inc. and the New Jersey-headquartered Webimax.
Market Share & Ranking
Not disclosed, but Webimax is recognized as a '2024 Best Reputation Management Service' by Business.com and Newsweek.
Strategic Alliances
Binding agreement to acquire 80% of Webimax LLC, with the remaining 20% to be acquired after 3 years based on EBITDA targets.
External Factors
Industry Trends
The industry is shifting toward 'AI-first' technology ecosystems and MadTech/CloudTech integration. Vertoz is positioning itself by acquiring AI-driven automation capabilities to capture this shift.
Competitive Landscape
Competes in the global digital advertising and AdTech ecosystem against other programmatic and AI-driven marketing firms.
Competitive Moat
Moat is built on AI-driven IP, a strategic patent portfolio, and high switching costs associated with integrated marketing automation and reputation intelligence. Sustainable through India-based cost advantages applied to US-based revenue.
Macro Economic Sensitivity
Sensitive to global market uncertainty and international trade dynamics, though management notes performance remained steady despite global volatility.
Consumer Behavior
Shift toward 'in-market' consumer matching and automated lead discovery in industries like insurance, banking, and home services.
Geopolitical Risks
Trade barrier impacts are mitigated by using a premier foreign trade financial institution for debt funding to support global expansion.
Regulatory & Governance
Industry Regulations
Compliance with the Companies Act 2013 and SEBI Listing Regulations; Secretarial Audit Report for FY 2024-25 confirms adherence to applicable statutory provisions.
Environmental Compliance
Not applicable for digital services; ESG compliance costs not disclosed.
Taxation Policy Impact
Not specifically disclosed beyond standard corporate tax compliance.
Legal Contingencies
No specific pending court cases or values disclosed in the provided documents.
Risk Analysis
Key Uncertainties
Integration risk of the Webimax acquisition and the achievement of the projected USD 2M-3.5M in synergies over the next 18-30 months.
Geographic Concentration Risk
Significant revenue concentration in the US market following the Webimax acquisition (estimated ~INR 87 Cr addition).
Third Party Dependencies
Dependency on the incumbent management of Webimax to achieve future EBITDA targets for the final 20% stake acquisition.
Technology Obsolescence Risk
Risk of AI algorithms becoming outdated; mitigated by strategic patent filings and hiring top-notch AI-driven marketing automation engineers.
Credit & Counterparty Risk
Webimax shows strong receivable quality with debtor days of only 1 month.