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Vertoz Limited (VERTOZ)

₹33.24 +2.94% last close, 16 Oct

📊 NSE: VERTOZ 🏢 Computers - Software - Medium / Small 📢 Latest filing: 01 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Vertoz's revenue was ₹81.6 Cr (+15.8% year on year, +10.8% on the previous quarter), and net profit ₹7.4 Cr (+13.8% year on year); the operating margin was 18.5%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹81.6	+15.8%	+10.8%
Operating profit	₹15.1	+50.9%	+1.4%
Net profit	₹7.4	+13.8%	+17.8%
EPS (₹)	0.86	+13.2%	+8.9%
Operating margin	18.5%	—	—

Full quarterly financials → Results calendar →

VERTOZ delivery percentage

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

On Fri, 16 Oct 2026, 57.11% of the VERTOZ shares traded on NSE were taken to delivery, against the stock's own 20-session average of 72.94%. That is lower than usual for this stock. Turnover was only ₹10 lakh, so a handful of trades can move this figure.

57.11%Delivery, 16 Oct

72.94%Own 20-session average

0.7×Volume vs its average

₹33.24NSE close · +2.94%

Delivery in the last 5 sessions: 71.8% · 78.0% · 67.1% · 78.9% · 57.1%

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

Vertoz AGM Approves Preferential Share Swap & Re-appointment of MD with Over 99.9% Approval

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 01 Oct 2026, 06:48 PM

Vertoz Limited submitted voting results and the Scrutinizer's report for its 15th Annual General Meeting held on September 29, 2026. All five resolutions were passed with over 99.9% majority of votes polled. Key approved items include the re-appointment of Managing Director Hirenkumar Rasiklal Shah for a 5-year term, an increase in authorized share capital, and the issuance of equity shares on a preferential basis via a share swap arrangement.

AGM held on September 29, 2026, with all 5 resolutions passed by the requisite majority.
Approval for preferential issue of equity shares pursuant to a share swap arrangement passed with 99.9942% votes in favor.
Re-appointment of MD Hirenkumar Rasiklal Shah approved for 5 years with 99.9689% favor (4,94,74,096 interested promoter votes excluded).
Overall voter turnout stood at 71.9191% of total outstanding shares (8,52,30,000 shares).

💡 Track subsequent filings detailing the exact terms, dilution size, and target entity for the approved preferential share swap arrangement.

Vertoz Concludes 15th AGM; Tables Preferential Share Swap and Authorized Capital Increase

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Sep 2026, 08:01 PM

Vertoz Limited concluded its 15th Annual General Meeting on September 29, 2026, conducted via video conference with 47 members attending out of 64,578 eligible shareholders as of September 22, 2026. The key items placed before shareholders included the adoption of FY26 financials, re-appointment of Managing Director Hirenkumar Shah for a five-year term, an increase in authorized share capital, and approval of a preferential equity issuance via a share swap arrangement. Formal e-voting results and scrutinizer reports are scheduled to be released within two working days.

15th AGM conducted on September 29, 2026, starting at 04:00 PM and concluding at 04:35 PM IST
Shareholder base stood at 64,578 members as on the record date of September 22, 2026, with 47 members present at the meeting
Proposed special resolution for issuance of equity shares on a preferential basis via share swap arrangement
Proposed re-appointment of Mr. Hirenkumar Rasiklal Shah as Managing Director for a term of 5 consecutive years

💡 Track the upcoming voting results disclosure on the exchanges within two working days to confirm shareholder approval of the preferential share swap and capital expansion.

Vertoz Schedules 15th AGM for September 29, 2026; Issues FY26 Annual Report Weblink Notice

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Sep 2026, 09:37 PM

Vertoz Limited has scheduled its 15th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 04:00 PM IST via Video Conferencing/OAVM. In compliance with SEBI Regulation 36(1)(b), the company has dispatched letters providing web-links to access the FY2025-26 Annual Report to shareholders without registered email addresses as of the cut-off date September 4, 2026. The filing also reminds physical security holders to complete KYC updates per SEBI norms. Vertoz closed FY26 with revenue of Rs 291.86 Cr and PAT of Rs 26.12 Cr.

15th Annual General Meeting scheduled for September 29, 2026, at 04:00 PM IST via VC/OAVM
Cut-off date for dispatching physical Annual Report access letters was September 4, 2026
Notice issued in compliance with Regulation 36(1)(b) of SEBI LODR Regulations, 2015
Shareholders reminded to update KYC details in line with SEBI circular dated February 06, 2026

💡 Shareholders should review the FY2025-26 Annual Report on the company's website and submit proxy/voting instructions ahead of the September 29, 2026 AGM.

Vertoz Notices 15th AGM on Sep 29, 2026; Proposes Preferential Issue via Share Swap

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 07 Sep 2026, 09:10 PM

Vertoz Limited has issued the notice for its 15th Annual General Meeting scheduled for September 29, 2026. Key special business includes a proposed preferential allotment of equity shares for non-cash consideration via a share swap to entities including Radiant Global Fund, Nova Global Opportunities Fund, and Zeal Global Opportunities Fund. In addition, the company seeks shareholder approval to increase its authorized share capital from Rs 100 crore and re-appoint Managing Director Hirenkumar Rasiklal Shah for a 5-year term starting June 14, 2027, at an annual remuneration of Rs 59.48 lakh. Remote e-voting runs from September 26 to September 28, 2026, with the cut-off date set as September 22, 2026.

15th AGM scheduled for September 29, 2026, via Video Conferencing
Preferential issue of equity shares proposed for non-cash consideration via share swap
Proposed allottees include Radiant Global Fund, Nova Global Opportunities Fund PCC, and Zeal Global Opportunities Fund
Increase in authorized share capital proposed from existing Rs 100,00,00,000
Re-appointment of MD Hirenkumar Rasiklal Shah for 5 years from June 14, 2027, at Rs 59,48,400 remuneration

💡 Track voting results post-AGM on September 29, 2026, and watch for subsequent regulatory filings detailing the exact quantum and pricing of the share swap preferential issue.

Vertoz to Acquire Pre-Revenue Tavento Labs for ₹101 Cr via Share Swap; Dilution 21.22%

🔵 WATCH ⭐ 9/10

M&A 📅 01 Sep 2026, 10:38 PM

Vertoz Limited has approved the acquisition of a 100% stake in US-based Tavento Labs Inc. for an aggregate consideration of up to ₹101 Cr. The deal will be executed primarily via a share swap by issuing 2,29,54,000 equity shares at ₹44 per share (a premium over current market price of ₹38.2), resulting in a 21.22% equity dilution. Tavento Labs is an enterprise cybersecurity platform developer currently at a pre-revenue stage (Nil revenue over FY24-FY26). The company has also raised its authorised share capital to ₹122.95 Cr to accommodate the transaction, subject to shareholder approval at the AGM on September 29, 2026.

100% acquisition of Tavento Labs Inc. for up to ₹101 Cr, representing ~31.6% of Vertoz's market cap (₹320 Cr)
Consideration discharged via preferential allotment of 2,29,54,000 equity shares at ₹44 per share (aggregating ₹100.99 Cr) plus balance in cash
Target company is pre-revenue, reporting Nil turnover across FY24, FY25, and FY26
Equity dilution of 21.22% across three foreign portfolio investors post-allotment
Authorised share capital increased from ₹100 Cr to ₹122.954 Cr

💡 Track voting outcomes at the upcoming AGM on September 29, 2026, and look for subsequent commercialization milestones or revenue visibility from Tavento's DarkDive and Aukin platforms post-integration.

Vertoz to Acquire Tavento Labs for ₹101 Cr via 21.22% Equity Dilution Share Swap

🔵 WATCH ⭐ 9/10

M&A 📅 01 Sep 2026, 10:35 PM

Vertoz Limited's Board has approved the 100% acquisition of US-headquartered Tavento Labs Inc. for an aggregate consideration of up to ₹101.00 Cr (~31.6% of Vertoz's market cap). The transaction will be funded primarily via a share swap by issuing 2,29,54,000 equity shares at ₹44 per share (worth ₹100.998 Cr) with the remainder in cash, causing a 21.22% post-allotment dilution. Tavento is an AI-native cybersecurity firm but is currently pre-revenue, having generated Nil turnover over FY24, FY25, and FY26. The deal is subject to shareholder approval at the AGM scheduled for September 29, 2026.

Acquisition of 100% equity stake in US-based Tavento Labs Inc. for up to ₹101.00 Cr
Funded via preferential issue of 2,29,54,000 shares at ₹44/share (aggregating ₹100.998 Cr) plus cash
Results in a 21.22% post-issue equity dilution across three institutional selling funds
Target entity is pre-revenue with Nil turnover reported for FY24, FY25, and FY26
Board approved increasing authorized share capital from ₹100 Cr to ₹122.954 Cr

💡 Track voting results from the AGM on September 29, 2026, and monitor subsequent go-to-market and revenue-generation milestones for Tavento's cybersecurity platforms.

Vertoz to acquire pre-revenue Tavento Labs for ₹101 Cr via 21.22% equity dilution

🔵 WATCH ⭐ 9/10

M&A 📅 01 Sep 2026, 10:32 PM

Vertoz Limited's Board approved the 100% acquisition of US-based cybersecurity entity Tavento Labs Inc. for an aggregate consideration of up to ₹101 Cr. The deal will be funded primarily through a preferential share swap, issuing 2,29,54,000 equity shares at ₹44 per share (totaling ₹100.99 Cr) to three non-promoter FPI investors, resulting in a 21.22% post-issue dilution. Notably, Tavento Labs is at a pre-revenue stage with Nil revenue recorded across FY24, FY25, and FY26. The transaction and associated increase in authorised share capital to ₹122.95 Cr are subject to shareholder approval at the AGM on September 29, 2026.

Acquiring 100% of Tavento Labs Inc. for an aggregate consideration of ₹101.00 Cr
Issuing 2,29,54,000 shares at ₹44 each (aggregating ₹100.99 Cr) via share swap (ratio 1:22,954)
Target company is pre-revenue with ₹0 revenue reported for FY24, FY25, and FY26
Transaction leads to 21.22% equity dilution across three incoming foreign portfolio investors
Authorised capital increased from ₹100.00 Cr to ₹122.954 Cr

💡 Track the voting outcome at the 15th AGM on September 29, 2026, subsequent regulatory approvals, and management disclosures regarding Tavento's commercialisation roadmap and revenue timelines.

Vertoz to Acquire Pre-Revenue US Tech Firm Tavento Labs for ₹101 Cr via 21.2% Share Swap

🔵 WATCH ⭐ 9/10

M&A 📅 01 Sep 2026, 10:24 PM

Vertoz Limited's Board has approved the 100% acquisition of US-based Tavento Labs Inc. for an aggregate consideration of up to ₹101.00 Cr. The acquisition will be executed almost entirely via a share swap by issuing up to 2,29,54,000 equity shares at ₹44 per share (aggregating ₹100.99 Cr) to three selling funds, representing a 21.22% post-issue equity dilution. Tavento Labs is an enterprise cybersecurity and digital trust platform provider currently at a pre-revenue stage with nil turnover over the past three fiscal years.

Acquisition of 100% equity in Tavento Labs Inc. for an aggregate consideration of up to ₹101.00 Cr
Consideration discharged via issuance of 2,29,54,000 equity shares at ₹44 per share (swap ratio of 1:22,954) plus minor cash balance
Substantial equity dilution with sellers holding 21.22% of Vertoz post-allotment
Tavento Labs is pre-revenue with ₹0 turnover across FY24, FY25, and FY26
Shareholder approval to be sought at the AGM on September 29, 2026

💡 Track shareholder voting outcomes at the upcoming AGM on September 29, 2026, regulatory/in-principle stock exchange approvals, and the post-acquisition commercialization roadmap for Tavento's platforms (DarkDive and Aukin).

Vertoz to Acquire Pre-Revenue Tavento Labs for ₹101 Cr via 21.22% Share Swap at ₹44

🔵 WATCH ⭐ 9/10

M&A 📅 01 Sep 2026, 10:19 PM

Vertoz Limited's board has approved the 100% acquisition of US-based Tavento Labs Inc. for an aggregate consideration of up to ₹101.00 Cr (~31.6% of Vertoz's ₹320 Cr market cap). The acquisition will be funded via a share swap of 2,29,54,000 equity shares at ₹44 per share (aggregating to ₹100.99 Cr) plus minor cash settlement. Tavento Labs is a pre-revenue enterprise cybersecurity firm with nil turnover over the last three financial years, resulting in a substantial 21.22% equity dilution for Vertoz.

Acquisition of 100% equity of US-based Tavento Labs Inc. for up to ₹101.00 Cr.
Target is pre-revenue with ₹0 turnover across FY24, FY25, and FY26.
Consideration discharged via 2.2954 Cr equity shares issued at ₹44 per share (₹100.9976 Cr value).
Results in 21.22% post-allotment equity dilution to three foreign portfolio investors.
Shareholder approval scheduled at the 15th AGM on September 29, 2026.

💡 Track voting outcomes at the upcoming AGM on September 29, 2026, and watch for subsequent commercial milestones and revenue traction from Tavento's DarkDive and Aukin platforms.

Vertoz Approves Q1 FY27 Results and Re-appoints MD for 5-Year Term

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 13 Aug 2026, 09:25 PM

Vertoz Limited's board met on August 13, 2026, to approve the unaudited financial results for Q1 FY27. The board approved the re-appointment of Promoter Hirenkumar Rasiklal Shah as Managing Director for a five-year term effective June 2027, ensuring leadership continuity. Additionally, the company appointed M/s SHM & CO. as internal auditors for FY27 and updated 13 corporate policies to align with SEBI regulatory amendments. A notable detail confirmed is the promoter group's voluntary waiver of their entitlement to the ₹0.10 per share interim dividend paid in June 2026.

Re-appointment of MD Hirenkumar Rasiklal Shah for a 5-year term starting June 14, 2027.
Interim dividend of ₹0.10 per equity share (face value ₹10) was paid on June 26, 2026.
Promoter and Promoter Group voluntarily waived their entitlement to the FY27 interim dividend.
Board approved the update of 13 internal policies to comply with SEBI LODR and Insider Trading regulations.
Consolidated results include 49+ subsidiary entities, including the 80% stake in US-based Webimax LLC.

💡 Investors should review the detailed Q1 FY27 financial tables once fully published to verify if the TTM revenue growth of ~14% (FY25 to FY26) is accelerating. Monitor the integration of the 80% owned Webimax LLC for margin improvements.

Vertoz Re-appoints MD for 5 Years, Appoints New Internal Auditor, and Updates 13 Policies

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 13 Aug 2026, 09:21 PM

Vertoz Limited's board met on August 13, 2026, to approve Q1 FY27 financial results and ensure management continuity by re-appointing Promoter-MD Hirenkumar Shah for a five-year term starting June 2027. The company appointed M/s SHM & CO. as Internal Auditors for FY 2026-27 to strengthen compliance across its complex structure of 49 global entities. Additionally, 13 corporate policies were updated to align with recent SEBI regulatory amendments. An interim dividend of ₹0.10 per share was confirmed as paid in June 2026, with promoters notably waiving their entitlement.

Re-appointment of Mr. Hirenkumar Rasiklal Shah as Managing Director for a 5-year term effective from June 14, 2027.
Appointment of M/s SHM & CO. as Internal Auditor for the 2026-2027 financial year effective August 13, 2026.
Payment of an interim dividend of ₹0.10 per equity share (face value ₹10) completed on June 26, 2026.
Comprehensive update of 13 internal policies including Insider Trading and Materiality of Events to meet SEBI standards.
Consolidated financial results for Q1 FY27 include the performance of 49 subsidiaries and step-down subsidiaries.

💡 Investors should focus on the Q1 FY27 earnings growth rates and the operational performance of the recently acquired Webimax LLC (80% stake) to see if AI-driven margins are sustaining.

Vertoz Re-appoints MD for 5-Year Term and Approves Q1 FY27 Results

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 13 Aug 2026, 09:14 PM

Vertoz Limited held a board meeting on August 13, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board approved the re-appointment of Mr. Hirenkumar Rasiklal Shah as Managing Director for a five-year term starting June 14, 2027, ensuring management continuity. Additionally, M/s SHM & CO. was appointed as the Internal Auditor for FY 2026-27. The company also noted that promoters voluntarily waived their entitlement to the ₹0.10 per share interim dividend paid in June 2026.

Re-appointment of Mr. Hirenkumar Rasiklal Shah as Managing Director for a 5-year term effective from June 14, 2027.
Promoters voluntarily waived their entitlement to the ₹0.10 per share interim dividend paid on June 26, 2026.
Appointment of M/s SHM & CO. as Internal Auditor for the Financial Year 2026-2027.
Consolidated financial statements now encompass 49 distinct entities and subsidiaries across India, USA, UK, and UAE.
Board updated 13 internal corporate policies to align with recent SEBI regulatory amendments.

💡 Investors should review the full Q1 FY27 financial results once published to verify if the company is maintaining its historical growth trajectory of ~64%.

Vertoz Approves Q1 FY27 Results and Re-appoints MD for 5-Year Term

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 13 Aug 2026, 09:06 PM

Vertoz Limited's board approved the unaudited financial results for the quarter ended June 30, 2026. The company re-appointed Hirenkumar Rasiklal Shah as Managing Director for a five-year term starting June 14, 2027, ensuring leadership continuity. A previously declared interim dividend of ₹0.10 per share was confirmed as paid on June 26, 2026, with promoters voluntarily waiving their entitlement. The board also appointed M/s SHM & CO. as the Internal Auditor for FY 2026-27.

Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026
MD Hirenkumar Rasiklal Shah re-appointed for a 5-year term effective from June 14, 2027
Interim dividend of ₹0.10 per share (face value ₹10) was paid to eligible shareholders on June 26, 2026
Consolidated results now encompass 49 entities, including the 80% majority-owned Webimax LLC, USA
Promoter and Promoter Group voluntarily waived their entitlement to the ₹0.10 interim dividend

💡 Investors should review the full Q1 FY27 financial tables once available to verify if the company is maintaining its historical 64% growth trajectory. Monitor the integration of the 49 subsidiaries, particularly the performance of Webimax LLC in the US market.

Vertoz Limited Submits Quarterly Compliance Certificate for June 30, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Jul 2026, 12:01 PM

Vertoz Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document, issued by KFin Technologies Limited, confirms that share dematerialization and rematerialization requests for the quarter ended June 30, 2026, have been processed and reported to the exchanges. This is a standard administrative filing required for all listed entities to ensure shareholding records are accurate.

Compliance certificate covers the quarter ended June 30, 2026
Certificate issued by Registrar and Share Transfer Agent, KFin Technologies Limited, on July 1, 2026
Official submission to the National Stock Exchange occurred on July 8, 2026
Confirms adherence to SEBI (Depositories and Participants) Regulations, 2018

💡 This is a routine regulatory filing. No action is required from investors; focus should remain on the company's upcoming quarterly financial performance.

51.82% of Total Share Capital Encumbered as Vertoz Promoters File Annual SEBI Disclosure

🔵 WATCH ⭐ 4/10

REGULATORY 📅 30 Jun 2026, 04:03 PM

Vertoz Limited's promoters have filed their annual declaration under SEBI Regulation 31(4) for the financial year ended March 31, 2026. The filing confirms that no new encumbrances were created during the year; however, it highlights a significant existing encumbrance level. Currently, 51.82% of the company's total share capital is encumbered through pledges and Non-Disposal Undertakings (NDU). Only 12.98% of the total share capital remains as unencumbered promoter holding.

Promoter and Promoter Group hold a total of 5,52,33,242 shares, representing 64.80% of the company
Total encumbered shares stand at 4,41,60,696, which is 51.82% of the total share capital
Lead promoters Hirenkumar and Ashish Shah have each pledged 1,73,84,500 shares, representing 79.06% of their individual holdings
A Non-Disposal Undertaking (NDU) agreement dated June 25, 2025, covers 51.82% of the total share capital
Unencumbered promoter shares represent only 12.98% of the total equity of the company

💡 Investors should monitor the high level of promoter pledge (51.82% of total capital), as significant encumbrances can increase stock volatility and pose risks if share prices drop significantly.

View All VERTOZ Announcements on Live Market Tracking →

💰 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.