BSE: 544538
PRARUH TECHNOLOGIES LIMITED
An ICT system integrator that earns revenue mainly by executing purchase orders from government PSUs, predominantly RailTel Corporation of India and Delhi Metro Rail Corporation. Turnkey work covers supply, installation, integration and commissioning of telecom and networking equipment — internet gateways, Nokia SDN routers, CGNAT appliances, Metro-DWDM optical fibre systems, Muxponder systems, routers and switches — for clients such as RailTel's MPLS broadband network and DMRC's station telecom. Contracts typically bundle equipment supply with multi-year maintenance; a RailTel CGNAT order carries a 5-year AMC worth ₹6.70 cr, and a new 8-year multi-year contract worth ₹42 cr was signed during FY26. Management is targeting Fortinet premier partner status and pursuing PAN-India projects in data centres, cybersecurity and AI-enabled solutions. Materials and equipment purchases dominate the cost base at 57.2% of FY26 revenue, with employee cost only 4.0% and other opex 25.4%. FY26 revenue was ₹101.11 cr, up 63% YoY from ₹6,188.60 lakhs in FY25, against an FY26 order book of ₹74 cr. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. RailTel network equipment supply and integration, DMRC metro telecom infrastructure, Multi-year maintenance and AMCs, IT security and integration services. Project-based, government-tied ICT system integration with multi-year maintenance
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 101 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 7.80 |
| ROE % · ROCE % | — · 27.4 |
| Debt / equity (x) | — |
| Cash from operations | 0 |
| Capex | (2) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 18 | 84 |
| Profit before tax | 1 | 11 |
| Net profit | — | — |
| EPS (₹) | 0.71 | 6.98 |
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. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 44,149 | 33.4 | 6.80 | 20.4 | 19.7 | 21.1 | 15.1 | 19.6 |
| INVENTURUS KNOWLEDGE SO L | 29,130 | 37.4 | 10.40 | 26.5 | 25.8 | 27.7 | — | 33.6 |
| TATA TECHNOLOGIES LIMITED | 26,718 | 48.0 | 6.81 | 29.0 | 13.9 | 14.3 | — | 18.3 |
| NETWEB TECH INDIA LTD | 24,780 | 94.8 | 34.26 | — | 28.5 | 37.5 | — | 15.7 |
| SAGILITY LIMITED | 21,553 | 21.7 | 2.23 | 12.2 | 9.6 | 11.6 | — | 22.3 |
| AFFLE 3I LIMITED | 19,072 | 39.9 | 5.22 | 26.0 | 12.5 | 15.2 | 39.3 | 25.8 |
| BLACK BOX LIMITED | 14,377 | 61.6 | 11.17 | 28.6 | 16.9 | 9.5 | 6.2 | 8.4 |
| CYIENT LIMITED | 13,177 | 34.6 | 2.14 | 11.9 | 7.5 | 9.7 | 12.0 | 13.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 15.6 | 17.5 | 32 of 76 | 59% |
| ROCE | 25.4 | 9.6 | 9 of 86 | 91% |
| Market cap | 167 | 296 | 50 of 87 | 43% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board to review half-year results and consider interim dividend | results | low | — | — |
| 23 Oct 2026 · Praruh Technologies partners with Splunk, part of Cisco | strategic transactions | medium | — | — |
| 14 Oct 2026 · RTA cert filed under SEBI Reg 74(5) for quarter ended Sep 30, 2026 | compliance | minimal | — | — |
| 30 Sept 2026 · Praruh Technologies 7th AGM - Two Resolutions Passed Unanimously | board shareholder meetings | medium | — | — |
| 29 Sept 2026 · 7th AGM concluded; 2 ordinary resolutions tabled | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Promoter Amar Deep Sharma bought 2,000 shares in open market | ownership changes | medium | — | — |
| 25 Sept 2026 · Promoter Rahul Sharma buys shares via open market on BSE | ownership changes | high | — | — |
| 25 Sept 2026 · MD cum Promoter Vishal Prakash acquires 550 equity shares via open market | ownership changes | high | — | — |
| 25 Sept 2026 · Praruh Technologies bags Rs 31.21 cr order from RailTel for Telepresence equipment | business updates | medium | — | — |
| 23 Sept 2026 · Trading window closes Oct 1 for H1 FY26 results | compliance | minimal | — | — |
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.