ORCHASP LIMITED

Classified as an IT software and consulting company, Orchasp Limited operates in the computers-software space with FY26 revenue from operations of Rs 2,125.62 lakhs. Its publicly disclosed product is INDUSAYUSH, an electronic health records (EHR) platform that received approval for distribution on the Apple App Store in February 2026. The company holds three foreign subsidiaries, all described as non-operational, and recently transferred a Rs 6,825 lakh investment in a Portuguese subsidiary (facing cancellation of registration) to a new US entity called Orchasp Inc. Staff costs dominate the cost structure at 104.1% of revenue, meaning employee expenses alone exceed operating revenue, while materials at 0.2% of revenue and depreciation at 0.2% are negligible. Operating cash flow was negative at Rs 420.15 lakhs in FY26, against cash reserves of Rs 31.37 lakhs. The company returned to a net profit of Rs 105.20 lakhs in FY26 after a net loss of Rs 1,052.35 lakhs in FY25, though the auditors issued a qualified opinion for the fourth consecutive year.