Outcome of the meeting of Board of Directors of the Company held on Monday, February 9, 2026
CEINSYS · price
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Ceinsys Tech reported strong Q3FY26 results. Standalone revenue grew 53% year-on-year to Rs 16,353 lakhs (from Rs 10,668 lakhs), while nine-month revenue surged 80% to Rs 47,166 lakhs. Standalone profit after tax jumped 117% year-on-year to Rs 4,321 lakhs in Q3, taking nine-month PAT to Rs 11,877 lakhs, more than double the Rs 5,713 lakhs earned in the prior period. Consolidated nine-month revenue rose 78% to Rs 48,999 lakhs with PAT nearly doubling to Rs 9,625 lakhs. The board recognised a one-time Rs 116 lakh exceptional charge for gratuity impact under the new Labour Codes. The board also approved re-appointment of Dr. Abhay Kimmatkar as Managing Director for another three years and authorised up to Rs 40 crore of fresh equity infusion into its wholly-owned US subsidiary Technology Associates Inc., partly by converting existing inter-company loans into equity. Limited review reports from auditor Chaturvedi & Shah LLP were clean with no qualifications.
Strong double-digit revenue and profit growth, supported by both Geospatial and Technology Solutions segments, signals robust business momentum and is likely to be viewed positively by investors. The Rs 40 crore equity infusion into the US subsidiary strengthens its growth runway but ties up capital overseas; overall results should support positive sentiment in the stock.