30th AGM proceedings: auditor re-appointed, FY26 PAT up 131%

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AI summary

SoftTech Engineers held its 30th AGM on September 29, 2026. Shareholders approved re-appointment of P G Bhagwat LLP as statutory auditors for a second 5-year term until the 2031 AGM, and re-appointment of Dr Rakesh Kumar Singh as independent director for 5 years from August 2027. FY26 consolidated revenue grew 40 percent to Rs 132.9 crore with PAT up 131 percent at Rs 9.58 crore. Company targets Rs 165 crore revenue in FY27, backed by Rs 232 crore order book and Rs 436 crore pipeline.

Likely market impact

Strong FY26 results with profit growing 3.5 times faster than revenue. FY27 guidance and Rs 93 crore JNPA order support growth visibility.