CEINSYS TECH LIMITED

Provides geospatial, engineering and technology services to government and enterprise clients in India and overseas. In FY26, the company reported revenue of ₹660.7 crore across two principal segments: geospatial and engineering services at 54.3% of segment revenue (₹358.87 crore) and technology solutions at 45.5% (₹300.91 crore), with a small 'Others' line at 0.1%. The geospatial and engineering services line covers survey, mapping, GIS and engineering work for state and central government infrastructure programs including SWSM UP, MRSAC, MSRDC, MMRDA and VVMC, and is also expanding into the U.S. geospatial market. The technology solutions segment houses IT-enabled services and product/mobility engineering work, including the AllyGrow mobility business acquired in 2022, U.S. geospatial capability from VTS acquired in 2024, and recent purchase orders such as NVMe drives supply to TSecond Inc. (~$3.16 million across three POs) and a ₹4.07 crore Hybrid Power Transfer Case beta-development order for Emotiv Mobility, LLC. Closing order book stood at ₹999 crore as of December 31, 2025, with ₹170 crore of new orders booked in Q3 FY26. The company has signed MOUs with Tech Mahindra and Aetosky Singapore for AI/ML and image-interpretation capability, and is setting up footholds in Dubai and Saudi Arabia alongside its U.S. subsidiary (which delivered ₹21 crore of top line in 9M FY26). FY26 EBITDA margin was 24.5%, with employee costs at 20.4% of revenue, other operating expenses at 49.5%, depreciation at 1.7% and no material cost of goods. Working capital cycle is held at 160–162 days. ₹24 crore was invested in tech innovation in FY26 (₹16 crore to P&L). The board has recommended a ₹3.50 per share dividend for FY26.