BSE: 543578
Olatech Solutions Limited
Provides IT hardware support, software products and digital/influencer marketing services across three verticals. The Hardware Support Business Unit (HSBU) supplies and supports third-party hardware (including Xfusion servers) along with annual maintenance contracts. The Software Development & Products vertical builds and sells under the Epiphany brand — DCIM, NMS, AAA, Unified Log Management System, Earnin.me and Toowe.io — plus customised enterprise software, with 15 AI-based products under development (7–8 ready). The Enterprise vertical delivers system-integration projects that bundle software, hardware, third-party products, AMC and managed services, and houses the influencer-marketing business (Earnin.me) now run through an 85%-owned subsidiary, Olatech Digital Solutions. FY26 revenue stood at ₹27.6254 crore against ₹21.04 crore in FY25, and management is targeting ₹50–60 crore in FY26, anchored by a ₹35 crore order book and a ₹45 crore system-integration order that includes 10 years of managed services. The company serves 130+ customers across telecom, BFSI, government and IT/ITES, with 280+ projects delivered. Employee costs are the biggest line at 28.8% of revenue, with other operating expenses at 16.1% and capex at 10.3%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Hardware Support Business Unit (HSBU), Software Development & Products (Epiphany), Enterprise / Digital Marketing. Small, asset-light IT services and products company pivoting from hardware support toward software products and influencer marketing
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 28 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 3.65 |
| ROE % · ROCE % | — · 16.2 |
| Debt / equity (x) | — |
| Cash from operations | 0 |
| Capex | (3) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 17 | 11 |
| Profit before tax | 3 | (1) |
| Net profit | — | — |
| EPS (₹) | 5.46 | 1.81 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ORACLE FIN SERV SOFT LTD. | 86,374 | 25.3 | 11.04 | 22.6 | 33.7 | 43.2 | 9.0 | 62.5 |
| TANLA PLATFORMS LIMITED | 7,716 | 14.4 | 3.10 | 9.2 | 20.5 | 25.0 | 13.5 | 17.6 |
| CAPILLARY TECHNO INDIA L | 4,593 | 108.7 | 4.49 | 35.0 | 5.1 | 4.9 | — | 4.9 |
| C.E. INFO SYSTEMS LIMITED | 4,544 | 33.0 | 5.02 | 19.7 | 14.8 | 21.3 | — | 54.2 |
| TECHNVISION VENTURES LTD. | 2,337 | 10640.6 | 155.78 | 311.9 | 1.4 | 5.5 | 25.5 | (3.0) |
| Mobavenue AI Tech Limited | 2,048 | 16.2 | 22.62 | 42.8 | 32.4 | 30.8 | — | 21.8 |
| RAMCO SYSTEMS LTD. | 1,900 | 45.5 | 5.37 | 12.3 | 11.9 | 11.0 | 2.3 | 16.0 |
| NUCLEUS SOFTWARE EXPORTS | 1,770 | 16.8 | 1.95 | 10.1 | 12.9 | 15.2 | 11.3 | 16.9 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.3 | 18.3 | 8 of 32 | 77% |
| ROCE | 10.0 | 4.8 | 11 of 40 | 74% |
| Market cap | 24 | 41 | 25 of 44 | 44% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 10 Oct 2026 · Compliance certificate under SEBI DP Regulations for Sep 2026 quarter | compliance | minimal | — | — |
| 1 Oct 2026 · AGM 2026: All 6 resolutions passed with 100% votes in favor | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 12th AGM held Sept 30, 2026; 6 items including auditor change and director regularization | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Trading window closed from Oct 1 for H2 FY26 results | compliance | minimal | — | — |
| 25 Sept 2026 · Mr. Sameer Saluja appointed as CEO of Olatech Solutions | management changes | medium | — | — |
| 8 Sept 2026 · Newspaper ad for 12th AGM filed with BSE | compliance | minimal | — | — |
| 7 Sept 2026 · Annual Report FY26 and 12th AGM Notice filed with BSE | results | high | — | — |
| 7 Sept 2026 · Notice of 12th AGM on September 30, 2026 along with Annual Report FY26 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board appoints MD's wife as Executive Director, new auditor also named | management changes | medium | — | — |
| 4 Sept 2026 · New auditor appointed, MD's wife joins board, AGM set for Sep 30 | management changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.