Exato Technologies Ltd

AGM Details

• AGM held on 28 September 2026 from 04:00 PM to 04:23 PM via VC/OAVM.

Resolutions & Outcome

• Resolutions approved by members with requisite majority through remote e-voting and at AGM via VC/OAVM.

AGM Details & Ordinary Business

• AGM held on 28 September 2026 from 04:00 PM to 04:23 PM via VC/OAVM.
• Ordinary Business: receive, consider and adopt standalone financial statements for the year ended 31 March 2026.
• Ordinary Business: receive, consider and adopt consolidated financial statements for the year ended 31 March 2026.
• Ordinary Business: re-appoint Ms. Swati Sinha as Whole-time Director on rotation.
• Results of resolutions to be declared within prescribed time after the scrutinizers' report.

Exato Technologies Limited: Trading Window closed from October 01, 2026 till 48 hours after the declaration of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.

Financial snapshot

• Revenue from Operations ₹16,799.58 Lac; up 35.23% YoY.
• EBITDA ₹2,539.44 Lac; margin 15.12%.
• PAT ₹1,608.88 Lac; up 66.65% YoY.
• Net worth ₹8,830.75 Lac; long-term borrowings ₹66.12 Lac.
• IPO raised ₹31.85 Cr.
• IPO proceeds utilized ₹16.45 Cr; unutilized ₹5.44 Cr.
• ₹12.41 Cr invested in fixed deposits from IPO proceeds.
• Order book end FY26: ₹660 Cr; executable ₹409 Cr.

Growth & strategy

• IPO strengthened balance sheet post-listing on BSE SME.
• Australia subsidiary Exato Technologies Pty Ltd established March 2026.
• ExaFone CCaaS/CPaaS IP to be launched; IP assets ₹2,840 Lac.
• NICE Platinum Partner and Acumatica ERP partnerships expand global reach.
• Geographic expansion: US, UK, Singapore, Australia.
• IP-led revenue shift supported by ExatoIQ and other platforms.

Operations & KPIs

• Industry mix: BFSI 15.46%, BPO/ITES 53.78%, IT/ITES 21.39%.
• Licences revenue 76.37%; Services 18.35%.
• Employees 135; 100+ engineers.
• 150+ enterprise clients; client retention 97%.
• Consolidated cash and bank balances ₹4,128.36 Lac.
• EPS ₹19.10.

Capital structure & IPO

• Authorized share capital ₹15 Crore; issued shares 1,00,65,371; paid-up ₹10.065 Cr.
• Bonus issue 76,01,550 shares; private placement 1,75,000; IPO 22,75,000.
• IPO listed on BSE SME on 5 Dec 2025.
• Dividend not declared for FY2025-26.

Governance & risk

• Board: Appuorv Sinha (MD), Swati Sinha (WTD), Abhijeet Sinha (Director).
• Independent Directors: Dr. Omkar Rai; Vijay Kumar Tyagi.
• CFO: Mustaqueem Hasan; Company Secretary: Geeta Jain.
• Audit Committee met 5 times; recommendations accepted.
• Secretarial Audit: no qualifications.
• Risks: regulatory changes, FX exposure, competition; ongoing governance upgrades.

Subsidiaries & consolidation

• Wholly-owned subsidiaries: Exato AI Inc (US), Exato AI Pte Ltd (Singapore), Exato Infotech Pvt Ltd (India), Exato Technologies Pty Ltd (Australia).
• Four wholly-owned subsidiaries; no material associates; consolidation reflects all four.
• Three foreign subsidiaries not audited; consolidation based on management accounts.

CSR & governance

• CSR policy aligned with IT skill development; Exato Foundation established.
• CSR spend ₹18.00 Lac; fully utilized; Bihar digital literacy programs.
• CSR Annexure-C included; annual CSR report disclosures provided.

Key corrections in Corrigendum to FY2025-26 Annual Report

• Corrigendum issued for FY2025-26 Annual Report to correct typographical and numbering errors.
• Debt Service Coverage Ratio corrected for 2026: 1.92 -> 1.60.
• DSC corrected for 2025: -0.66 -> 3.04.
• DSC variation corrected: from -390.91% to -47.37% due to debt repayment from IPO proceeds.
• Removal of subscript 27a in Note 27.
• Independent Auditors' Report table overlapping corrected in Annexure A, Point (vii)(a).
• Numbering corrected: Consolidated Note 2(x) fixed from (ix).
• Note 26 Operating Expenses: removal of subpoint 29a.
• Notes 37-41 numbering corrected from 36-40.
• Note 39(a) Investments disclosure revised to Nil.

Meeting Details

• Date: Sunday, September 6, 2026.
• Type: One-on-One and Group Meetings.
• Time: 09:00 AM to 04:30 PM.
• Mode: Physical.
• Location: Mumbai premises, IES Raja Shivaji Vidya Sankul.
• Key participants: Chief AI Officer; President – Revenue, Marketing & Strategic Alliances.
• Purpose: Showcase business performance, strategy, and future growth plans.
• Presentations: Available on company and stock exchange websites.

Financial performance FY26

• FY26 revenue from operations: ₹16,799.58 lakh; total income: ₹16,902.68 lakh.
• FY26 EBITDA: ₹2,539.44 lakh; EBITDA margin 15.12%.
• PAT: ₹1,608.88 lakh; PAT margin 9.58%.
• Q4 FY26 revenue from operations: ₹6,108.04 lakh; QoQ growth 70.4%.
• Exports share of FY26 revenue: 23.5%.
• FY26 revenue mix: 76% licences with services.
• Long-term borrowings: ₹66 L.
• Order book: ₹379 Cr; 2.3× FY26 revenue.

Q1 FY27 momentum

• Q1 FY27 revenue ₹4,368.34 lakh; YoY growth 50.17%.
• Q1 FY27 EBITDA ₹814.88 lakh; margin 18.65%.
• Q1 FY27 PAT ₹564.43 lakh; margin 12.92%.

Geography & mix

• FY26 geography: India 76.5%, UK 17.8%, USA 4.07%, others 1.6%.
• FY26 revenue mix: 76% licences with services.

Growth strategy & IP

• Two new international subsidiaries established to expand international revenue.
• HPE partnership deepened; Mitel Platinum Partner status achieved.
• ₹680 lakhs allocated to proprietary platforms; IP revenue target 25-30%.

Leadership & governance

• Chief AI Officer appointed to spearhead AI-enabled product growth.
• Kailash Sethuraman appointed President - AI Infrastructure.
• Paresh Sheth appointed Executive Board Advisor - AI Infrastructure.
• Alok Bohra appointed VP - CX & Analytics.
• Senior leadership expanded across revenue, operations, technology, and BD.

Capital structure & liquidity

• Long-term borrowings ₹66 lakh.
• Order visibility supported by multi-year contracts; growth investments underway.

Outlook & visibility

• Exports revenue share target: 60% in 2-3 years.

Meeting Details

• Date: Sunday, September 6, 2026.
• Time: 02:00 PM to 06:00 PM.
• Mode/Type: Physical, one-on-one and group meetings.
• Organizer: Alpha Ideas; SME Stars 2026 Edition.
• Event: Alpha Ideas SME Stars 2026 Edition meeting with Exato.
• Key company participants: Chief AI Officer; President – Revenue, Marketing & Strategic Alliances.
• Purpose: participation in investor event.
• Location: Pracharya B.N. Vaidya Sabhagriha, IES Raja Shivaji Vidya Sankul, Hindu Colony, Dadar East, Mumbai.