Sattrix Information Security Ltd

Meeting Details

• Board meeting on 26 August 2026; time and venue not disclosed.

Key Agenda Items

• Utilise unutilised IPO proceeds for fixed assets, including new office premises.
• Approve ESOP scheme.
• Recommend re-appointment of director retiring by rotation: Mayur Durga Sing Rathod (DIN: 10289724).
• Recommend re-appointment of Mrs. Ronak Sachin Gajjar as Whole-Time Director.
• Consider and approve Directors’ Report for FY 2025–26 with annexures.
• Consider and approve Notice for convening the 13th AGM.
• Appoint Scrutinizer for AGM.
• Fix Book Closure date, e-voting cut-off date, and e-voting period.
• Approve related party transactions, if any, requiring AGM approval.

Other Notes

Order details

• Awarding entity is a domestic private sector bank in India.
• Nature of order: Splunk Enterprise and Enterprise Security Premier deployment.
• Contract value: ₹17.35 crore; taxes not specified.
• Execution period: One year.
• Promoter/related party interest: Nil.
• Material impact: Not disclosed.

CREST membership

• Sattrix granted a Certificate of Membership by Crest International Limited on 27 July 2026.
• No financial implications disclosed in the filing.

Award details

• Awarding entity: One of the Multinational Cyber Security company (international entity).
• Scope: Tenable Security Center design, deployment, UAT, KT, advisory and health checks.
• Contract size: USD 180,936 (INR 1,74,07,852.56).
• Contract duration: about 120 days.
• Related-party interest: Nil; not a related-party transaction.
• Nature of contract: International engagement for security services.

Dematerialisation status

• No dematerialisation/rematerialisation requests were received from depository participants for the reporting period.
• No certificates were mutilated or cancelled since there were no dematerialisation securities.
• No substitution of the depository's name as registered owner within 15 days of receipt of certificate.

Strategic alliance overview

• MoU signed July 14, 2026 with leading Indian IT hardware, electronics manufacturing and solutions company.
• Framework to jointly explore, develop, market, implement and support cybersecurity, digital transformation and related tech opportunities.
• Non-exclusive, principal-to-principal; no partnership or mandatory financial commitment.
• Commercial terms, investment commitments, and revenue sharing to be defined in separate agreements.
• MoU valid for one year from signing.
• Scope includes technology integration, joint marketing, co-branded offerings, and RFP participation.
• Domestic and international scope.
• Nil consideration paid or received under MoU.
• Not a related party transaction or promoter interest.
• Aims to expand market presence and strengthen capabilities; no assured revenue.

June 2026 purchase orders correction

• Correct June 2026 purchase orders total: ₹12,44,84,192.50 excluding taxes.
• Earlier figure ₹12,50,63,192.50 was incorrect due to clerical aggregation.
• Aggregate value revised downward by ₹5,79,000.
• MD statement revised to reflect corrected order value.
• Corrigendum issued on 10 July 2026.

Purpose of filing

• Submission of FY2025-26 investor presentation to BSE SME.

Financial highlights FY25-26

• Revenue ₹59 crore, up 34% year-on-year.
• EBITDA ₹14 crore; net profit ₹9 crore.
• EPS ₹11.9; EBITDA margin 21.59%.

Order book and growth

• Order book value ₹14 crore; 3-year revenue CAGR 22.7%.

Revenue mix

• Revenue by unit: Enterprise 63.5%, Mid-Market 18.9%, SME 17.6%.

Customer metrics

• Active customers 60+, long-term customers >3 years; recurring revenue 71%.

Geographic footprint

• Global presence across USA, UAE, Malaysia, India (HQ); four locations.

Operational performance

• Headcount 207; utilization metrics reported in the deck.

Strategic positioning

• Recurring revenue share indicates stable, predictable cash generation.

Award details

• Awarding entity: India's leading public sector banking institution.
• Nature and scope: Managed Security Services for cyber security defence center.
• Contract value: INR 93,000,000.
• Domestic status: Domestic awarding entity.
• Execution period: Three-year contract.
• Promoter/related party: Nil; no related party transactions.
• Material impact: Not disclosed.

Purchase orders June 2026

• Purchase orders totaling ₹125,063,192.50 received in June 2026 (excluding taxes).
• POs cover advanced cybersecurity products, software licensing, implementation, maintenance, and related services.
• Orders from customers across multiple industries and geographies, including India and UAE.
• Orders strengthen order book and revenue visibility; support long-term growth strategy.
• MD notes continued customer confidence and commitment to sustainable growth and operational excellence.