Tracxn Technologies Ltd

Tracxn Technologies Limited — Trading Window Closed from October 01, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ended September 30, 2026.

Option Grant Details

• 135,404 ESOPs granted under TRACXN ESOP 2016 to eligible employees at Re 1 exercise price.
• Exercisable within five years from vesting; shares rank pari-passu with existing equity.

AGM Details

• AGM held on 17 August 2026, 5:00 PM to 6:17 PM, via VC/OAVM.
• Record date: 10 Aug 2026.

Resolutions and outcomes

• Resolution 1: Adopt audited financial statements for FY ended Mar 31, 2026; passed.
• Resolution 2: Re-appoint Abhishek Goyal by rotation; passed.
• Resolution 3: Appoint MSKC & Associates LLP as Statutory Auditors; passed.
• Resolution 4: Appoint Akshay Bhushan as Non-Executive Independent Director; passed.
• Resolution 5: Approve remuneration to Akshay Bhushan; passed.

Director changes

• Abhishek Goyal re-appointed by rotation.
• Akshay Bhushan appointed as Non-Executive Independent Director.

Auditors

• MSKC & Associates LLP appointed as Statutory Auditors.

Dividend

• No dividend proposed or approved.

Related party transactions

• No material related party transactions approved.

Other approvals

• No other material approvals disclosed.

AGM Details

• AGM held Aug 17, 2026 at 05:00 PM IST via VC/OAVM.
• Meeting duration 5:00 PM to 6:17 PM.
• Remote e-voting open Aug 14–16, 2026; voting at meeting available.
• 35 members attended via VC.
• Results to be announced within 2 working days; Scrutinizer appointed.

Resolutions

• Ordinary: Adopt Audited Financial Statements for FY ended Mar 31, 2026.
• Ordinary: Re-appoint Abhishek Goyal by rotation.
• Ordinary: Appoint M S K C & Associates LLP as Statutory Auditors.
• Special: Appoint Akshay Bhushan as Non-Executive Independent Director.
• Ordinary: Approve remuneration to Akshay Bhushan as NED.

Voting status

• Outcome of resolutions not disclosed in filing; results to be announced later.
• NSDL extended voting by 15 minutes after AGM.
• Scrutinizer to submit report within two working days.

Director changes

• Akshay Bhushan appointed as Non-Executive Independent Director.
• Abhishek Goyal retires by rotation; re-appointment proposed.

Auditor appointments

• M S K C & Associates LLP appointed as Statutory Auditors.

Other material

• No material related party transactions disclosed.

Financial Performance

• Revenue from operations ₹21.1 crore, up 2.9% QoQ.
• EBITDA negative ₹4.2 crore; PAT negative ₹3.0 crore; ESOP expense included.
• India revenue ₹10.6 crore, +4.4% QoQ; international revenue +1.4% QoQ.
• Deferred revenue ₹38.8 crore, up 6% QoQ; all-time high.
• Cash and cash equivalents ₹88.2 crore; free cash flow ₹-2.2 crore; buyback netted.
• Accounts 2,350; users 6,534; YoY growth 16% and 22%.
• 50% of revenue from outside India; top markets India, US, UK, Singapore, Germany.

Growth and Strategy

• India growth accelerated to 15-20% annualised; three-phase vertical playbook.
• IB India growth: Q1 FY27 revenue grew ~8% QoQ; ~30% annualised.
• Sales & GTM headcount rising to ~60 by Dec 2026; 30% of headcount in GTM.
• Data augmentation and AI-native workflows expanding: Live Deals, investor database, private-company financials.
• AI-native access: Tracxn Connector, AI Assistant; agentic workflows for investors.
• Tracxn Lite freemium: 300k+ signups; 7.9 million organic visits in Q1 FY27; 900+ press mentions.

Outlook and Guidance

• EBITDA expansion is fairly predictable; growth re-acceleration drives margin uplift.
• FY27 expected to show impact of investments: improved growth and market share.
• International growth turning positive; several launches to drive impact in coming quarters.
• India growth 15-20% in FY27; international growth modest vs FY26; expense growth ~10-12%.

Q&A Highlights

• EBITDA trajectory tied to growth re-acceleration; non-linear expansion implied.
• Competition limited; Bloomberg not main for private-market data.
• UK/US international expansion and data launches expected to boost conversions.
• Green shoots: IB India growth ~30% annualised; corporate sales ~30% YoY; ASP stabilising.
• New accounts: ~60 net adds this quarter; ASP per account ₹3.6 lakh; per user ₹1.3 lakh.

Meeting Details

• Aug 5, 2026 at 4:30 PM IST; virtual earnings call to discuss quarter ended June 30, 2026.

Participants

• Company management participants expected; specific roles not disclosed in the filing.

Purpose

• To discuss the unaudited financial results for the quarter ended June 30, 2026.

Additional Notes

• Video recording of the earnings call will be available on the company website.

Financial Highlights

• Revenue from operations: ₹21.08 Cr in Q1FY27.
• EBITDA: ₹-4.23 Cr in Q1FY27.
• EBITDA margin: -20.08% in Q1FY27.
• Profit after tax: ₹-3.01 Cr in Q1FY27.
• PAT margin: -14.28% in Q1FY27.
• QoQ: Revenue rose from ₹20.49 Cr in Q4FY26 to ₹21.08 Cr.

Growth & Platform Expansion

• Private company financials coverage up 10x YoY to ≈7.2M firms.
• Captables coverage ≈1.7M firms across 15+ countries.
• Global Legal Entity Database covers ~66M entities.
• AI-native access launched; MCP connectors with LLMs; investor workflows beta.
• Sales capacity to ~60 by end-CY2026; India and international GTM expansion.

Geography & User Growth

• Global platform in 50+ countries; top markets: India, USA, UK, Singapore, Germany.
• India growth: 19% annualized, Q1FY27 QoQ 4.4% growth.

Financial results and disclosures

• Unaudited quarterly results for quarter ended June 30, 2026 approved.
• Audit Committee reviewed; Board approved on Aug 5, 2026.
• Limited Review Report by Price Waterhouse Chartered Accountants enclosed.
• ESOP expense for the quarter: Rs 57.60 Lakhs.
• Outstanding ESOPs: 3,696,972 shares.
• Equity shares allotted during the quarter: 160,067.
• Operations relate to a single segment: Platform Subscription.
• Labour Codes' impact on employee benefits disclosed; final accounting pending.
• Auditor remarks: review found no material misstatement.