NSE: XTRANET · BSE: 544838
XTRANET TECHNOLOGIES LTD
Integrated technology solutions provider operating across data centre infrastructure, enterprise applications, digital services and proprietary platforms, with 175 projects delivered during FY24-26 and a footprint across 15+ states. The data centre segment is the revenue anchor at 48% of Q1 FY27 revenue, with 50+ data centre projects executed to date and management targeting 35-40% annual growth in this segment. Services now account for 65-68% of Q1 FY27 revenue, up from 46% a year earlier, reflecting a deliberate shift away from hardware-led delivery. Two proprietary platforms sit alongside the project business: XtraTrust, a licensed Certifying Authority for digital signatures with 850,000 subscribers and 10,000+ partners competing with eMudhra among 11 licensed CAs; and Synergy, a low-code AI platform. The order book stands at ₹373 cr across 55 projects, supported by an active bid pipeline of ₹1,200 cr, with ~55% of the order book executable in FY27. Customers are split roughly 45% government/PSU and 55% non-government, and 45% direct versus 55% indirect channels. The largest cost pressure flagged is hardware, where input prices rose 3-4x over the past year, mitigated through pre-built inventory and price-escalation clauses in newer bids. AR · MarketPing reader · 2026-09-16
Revenue streams, as the annual report describes them. Data centre infrastructure (48%), Enterprise applications, Digital services, Proprietary platforms, Hardware/products. Services-led, asset-light technology solutions provider shifting mix toward recurring proprietary platform revenue
Exhibit 1: Financial summary, – (all audited; no estimate years)
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q1 FY27 |
|---|---|
| Revenue | 50 |
| Profit before tax | 7 |
| Net profit | 6 |
| EPS (₹) | 1.55 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Submission of Reg 74(5) certificate for quarter ended Sep 2026 | compliance | minimal | — | — |
| 2 Oct 2026 · XtraNet Technologies 25th AGM: All 5 resolutions approved by members | board shareholder meetings | medium | — | — |
| 1 Oct 2026 · All five resolutions approved at 25th AGM held on September 30, 2026 | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Xtranet Technologies AGM 2026: All 5 resolutions passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 25th AGM held on Sept 30, 2026; 5 resolutions tabled | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Xtranet Technologies holds 25th AGM; 5 resolutions tabled, results by Oct 1 | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closure from Oct 1 for Q2 results | compliance | minimal | — | — |
| 25 Sept 2026 · CIN changed to reflect new listed status on NSE and BSE | general | low | — | — |
| 24 Sept 2026 · Analysts/Investors Meeting held; no UPSI shared | investor communications | low | — | — |
| 17 Sept 2026 · Xtranet Technologies CXO investor meet scheduled for Sept 24, 2026 | 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.