Identixweb Limited

Provides IT and IT-enabled services, with a product portfolio built around the Shopify e-commerce platform. Its solutions serve 12,000+ global Shopify stores, and it is developing SiteGrowth AI, an AI-powered organic growth engine for SaaS and business websites. Through its 70.05%-held subsidiary Munim ERP Private Limited, it also offers accounting and GST compliance software, which posted FY26 turnover of Rs 196.06 Lakh against a negative net worth of Rs 310.19 Lakh. On a consolidated basis, FY26 revenue was Rs 1,304.74 Lakh, up 43.5% year-on-year, and consolidated net profit was Rs 535.38 Lakh, up about 44% from Rs 371.98 Lakh in FY25. EBITDA margin contracted from 62.5% in FY25 to 57.5% in FY26, even as absolute EBITDA grew 26.4% to Rs 749.9 Lakh. The cost structure as reported shows materials at 12.7% of revenue, other operating expenses at 29.9%, and capex at 86.3% of revenue, with employee cost shown as 0.0% of revenue. The company is based in Surat, Gujarat, is listed on BSE, and raised Rs 1,663.20 Lakh through an IPO earlier in FY26.