SOFTTECHNSESofttech Engineers LimitedLowNeutral
Announced Thu, 28 Aug · 14:42 IST

Softtech Engineers Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 26, 2025

Board & Shareholder Meetings View source PDF

SOFTTECH · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Softtech Engineers has informed the exchanges about its 29th Annual General Meeting (AGM) scheduled for Friday, September 26, 2025, at 1:00 PM via video conferencing, along with the submission of its Annual Report for FY 2024-25. The annual report shows standalone revenue grew 19% year-on-year to Rs. 96.26 crore, but profit after tax fell sharply by 41% to Rs. 4.14 crore, and EBITDA margin slipped to 29% from 34% due to higher investments and changes in credit-loss provisions. Recurring SaaS and transaction revenue grew 8% to Rs. 22.89 crore, now making up 24% of total revenue. The company highlighted global expansion moves, including a new subsidiary in Germany, strategic alliances with CGI (USA) and CDCI (Malaysia), and entry into the National Highways for Electric Vehicles programme. Remote e-voting for shareholders will run from September 23 (9:00 AM) to September 25 (5:00 PM), 2025, with the cut-off date being September 19, 2025.

Likely market impact

This is primarily a procedural filing, so no immediate share-price catalyst is expected. However, shareholders should review the annual report before the AGM, as the sharp drop in profits despite strong revenue growth may be a point of concern or discussion.