Meta Infotech Ltd

Resignation details

• Ashish Bakliwal (Independent Director) resigns from Meta Infotech with effect Aug 13, 2026.
• Reason: pre-occupation and increased professional commitments.
• He confirms there are no other material reasons for resignation.
• Ceases to be on Audit; Nomination & Remuneration; Stakeholders Relationship; CSR committees.
• Directorships held in Prakrat Advisors Private Limited; Ruptech Financial Services Private Limited; Manisha Textiles Limited; Shentracon Chemicals Ltd.
• Manisha Textiles Limited: Audit Committee Chair; Stakeholders Relationship Committee Member.
• Shentracon Chemicals Ltd: Audit Committee Chair; Stakeholders Relationship Committee Member.
• Committees reconstituted; new composition effective Aug 14, 2026.

Disclosure details

• Disclosing Party: Mr. Venu Gopal Peruri, Promoter and Managing Director of Meta Infotech Ltd.
• Target Company: Meta Infotech Ltd.
• Transaction Type: Acquisition of 20,000 equity shares.
• Dates: Purchases on 30 July 2026 and 31 July 2026.
• Instrument: Equity shares.
• Mode: Open market purchases.
• Shareholding impact: 20,000 shares represent ~0.11% of paid-up capital.

Award recognition

• Meta Infotech received the Outstanding Achievement Award for Excellence in Secure Digital Transformation Solutions.
• Awarded at the 96th National Seminar in New Delhi on July 11, 2026.

Order details

• Domestic FMCG renewal: license subscription Rs 2,00,29,084, July 1, 2026–June 30, 2027; executed within 15 days.
• Domestic FS sector renewal: software subscription Rs 3,24,00,000, July 1, 2026–June 30, 2027; executed within 15 days.
• Domestic large private bank license Rs 1,88,32,282; implementation Rs 25,00,000; May 28, 2026–May 27, 2027; 15-day deadline.
• Domestic FS sector bank renewal: license subscription Rs 20,57,809, June 26, 2026–June 25, 2027; 15-day deadline.
• Aggregate value of orders: Rs 7,58,19,175 excluding GST.

Meeting Details

• Date and time: July 13, 2026, 03:00–04:00 IST.
• Place and format: Training Centre, Thane; Physical group meeting.

Participants

• Key participant: Company Secretary & Compliance Officer.

Purpose

• Purpose: Analyst/institutional investor interaction; review of HY 2026 half-year results.

Availability

• Presentation: HY 2026 investor deck uploaded May 29, 2026; available publicly.

Demat/remat reporting

• KFin Technologies Limited certifies that details of dematerialised/rematerialised securities were furnished to all stock exchanges.

Target Company

• Meta Infotech Ltd.

Disclosing Party

• Mr. Venu Gopal Peruri, Promoter and Managing Director (Promoter Group)

Transaction Type

• Acquisition of 33,600 equity shares via open market purchases.

Transaction Details

• 33,600 shares (16,800+16,800); 0.18% of paid-up capital; open market.

Date(s) of Transaction

• July 3, 2026; July 6, 2026

Share Capital Context

• 18% stake acquired; no 2% change in promoter shareholding.

Transaction details

• Target: Meta Infotech Ltd.
• Disclosing party: Mr. Venu Gopal Peruri, Promoter and MD.
• Acquired 14,400 equity shares via open market.
• Period: June 29 to July 1, 2026.
• Holding impact: ~0.08% of paid-up capital.

Meeting Details

• Date and time: July 03, 2026, 12:00–13:00 IST.
• Format: one-to-one, physical meeting in Mumbai; organizer: Anulom Capital.
• Purpose: discuss HY and FY ended Mar 31, 2026 using the investor presentation.
• Key participants: Company Secretary & Compliance Officer to attend.

Availability

• HY/FY 2026 presentation uploaded May 29, 2026; available on company and exchange websites.

Business overview

• Meta Infotech provides cybersecurity solutions and services across banking, IT, insurance, manufacturing, and other sectors.
• The company shifted into cybersecurity in 2010 and offers product licensing, implementation, managed, and training services.

Operational highlights

• FY26 employee strength rose to 309, with 90%+ technically skilled employees.
• The company expanded into Hyderabad, Chennai, Delhi, and Bengaluru, with Pune upcoming.
• Six new vendors were onboarded, broadening the cybersecurity portfolio.
• Order book stood at Rs 5,060 million on 27 May 2026, about 1.9x FY26 revenue.

Financial performance

• FY26 revenue rose 23% YoY to Rs 2,700 million.
• FY26 EBITDA fell 27% YoY to Rs 180 million; margin declined to 7%.
• FY26 PAT fell 24% YoY to Rs 109 million.
• H2FY26 revenue grew 72% YoY to Rs 599 million, but EBITDA margin fell to 4%.
• Gross margin declined to 23% in FY26 from 23%?; H2 gross margin was 34% versus 57% last year.

Capital structure

• Shareholders' funds increased to Rs 733 million at March 2026 from Rs 446 million a year earlier.
• Long-term borrowings were fully repaid by March 2026.
• Short-term borrowings declined to Rs 85 million from Rs 142 million.
• Cash and cash equivalents were Rs 25 million at March 2026.

Strategy and outlook

• Management is shifting toward higher-margin services and solutions-led engagements.
• FY29 PAT is targeted at up to 4x FY26 PAT.
• Growth priorities include consulting, managed security, threat monitoring, and enterprise security transformation.
• The company is targeting international expansion in the Middle East, Australia, USA, and Europe.

Risks

• Profitability was pressured by front-loaded expansion costs, hiring, and vendor integration expenses.
• The company highlighted talent scarcity as a challenge and is using in-house training to build capability.
• Management is reducing exposure to low-margin product deals to improve business quality.

Governance

• The presentation names recent senior hires in operations, sales, business operations, and solutions architecture.
• The company listed its promoter chairman and managing director, along with two whole-time directors.