Outcome of the Board meeting held on 29.05.2026
EQUIPPP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated revenue stood at Rs. 4,497.45 Lakhs vs Rs. 4,479.12 Lakhs in FY2025 (marginal increase). However, consolidated profit after tax nearly doubled from Rs. 112.64 Lakhs to Rs. 247.40 Lakhs. Standalone results showed a turnaround from a loss of Rs. 43.01 Lakhs to a near breakeven profit of Rs. 0.35 Lakhs. Statutory auditors M/s. Anjaneyulu & Co. issued an unmodified (clean) opinion with no emphasis of matter. The promoter (Equivas Capital) waived interest payments for FY 2025-26. The company is undertaking IP platform upgrades and has government collaborations including projects with Telangana and Andhra Pradesh. Operating cash flow turned positive at Rs. 19.47 Lakhs vs negative Rs. 5.72 Lakhs in FY2025.
The stock may see positive sentiment due to strong PAT growth of ~120% at consolidated level and clean audit opinion. However, standalone operations remain weak and revenue growth is flat, suggesting heavy reliance on subsidiary performance. Positive operating cash flow is a key improvement.