BSE: 512018
TOMORROW TECHNOLOGIES GLOBAL I
Sells financial content and research, and has begun offering AI-powered financial tools including 'CNI FinSight', an AI virtual assistant that delivers factual insights on the Indian stock market through the website of CNI InfoXchange, a SEBI-registered equity research and financial content platform. The company (formerly CNI Research Limited) voluntarily surrendered its SEBI Research Analyst License in March 2025 and exited the research business, then adopted new articles of association to pursue AI, blockchain, and tokenization ventures. Reported revenue streams in filings include Content Sale, AI & DevOps, Research Product Sale, Equity, and Other Business Income. Standalone revenue for FY26 was Rs 34.60 lakhs, a 92% decline from the prior year, with the Equity segment contributing Rs 420.78 lakhs in 9M FY25 and nothing in 9M FY26. Other operating expenses account for 86% of revenue and employee costs 19.8% of revenue, making operating overhead the dominant cost line. The company holds an associate stake in Tekno Point Mercantile Company Private Limited, and its wholly-owned Dubai subsidiary Tomorrowtech Global Limited was struck off the DIFC register in December 2025. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Content Sale, AI & DevOps, Research Product Sale, Equity, Other Business Income. Small-cap transitional financial services and emerging-technology company
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 4 | 0 |
| EBITDA (ex other income) | (5) | (0) |
| margin % | (110.9) | (5.8) |
| Owners' profit | (5) | (0) |
| EPS, as reported (₹) | 0.86 | 0.00 |
| ROE % · ROCE % | (31.9) · (31.9) | (0.0) · (0.1) |
| Debt / equity (x) | 0.00 | 0.00 |
| Cash from operations | (5) | 3 |
| Capex | 0 | 0 |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (1) | 0 | (0) | 0 | (0) |
| Net profit | (1) | 0 | (0) | 0 | (0) |
| EPS (₹) | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Segment - Content Sale | 0 | 4.1 |
| Segment - Other Business Income | 0 | 2.0 |
| CONTENT SALE | 0 | 6.8 |
| SEGMENT - CONTENT SALE | 0 | 6.7 |
| SEGMENT - AI & DEV OPS | 0 | 76.3 |
| SEGMENT - CONSENT SALE | 0 | 4.1 |
| Total, before eliminations | 0 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 5.5 | 1.0 | 96 of 105 | 9% |
| ROCE | (0.1) | 1.8 | 62 of 83 | 26% |
| ROE | (0.1) | 1.3 | 78 of 111 | 30% |
| Debt / Equity | 0.0 | 0.0 | 1 of 77 | 55% |
| EBITDA margin | (117.0) | 25.6 | 86 of 91 | 6% |
| Revenue growth | (57.9) | (4.1) | 69 of 85 | 19% |
| Profit growth | 98.6 | (0.2) | 29 of 109 | 74% |
| Market cap | 82 | 26 | 27 of 113 | 77% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · Change in Registrar and Share Transfer Agent effective Oct 21, 2026 | general | low | — | — |
| 13 Oct 2026 · Quarterly demat compliance filing under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 30 Sept 2026 · 44th AGM Scrutinizer Report: All 3 Resolutions Passed | compliance | minimal | — | — |
| 30 Sept 2026 · 44th AGM of Tomorrow Technologies Global Innovations held on 30 Sept 2026 | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Trading window closed for Q2 FY27 results | compliance | minimal | — | — |
| 7 Sept 2026 · Newspaper ad filed for 44th AGM notice and FY26 annual report | compliance | minimal | — | — |
| 5 Sept 2026 · 44th AGM scheduled Sept 30 2026 via video conferencing | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Tomorrow Technologies files FY26 annual report, 44th AGM on Sep 30 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Board approves FY26 annual report, AGM on 30 Sep, MD re-appointment | results | high | — | — |
| 28 Aug 2026 · Board meeting on 03 Sept 2026 to approve AGM notice and Directors Report | board shareholder meetings | low | — | — |
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.