Capillary Technologies India Limited — year ended 31 March 2026 (quarter ended 31 March 2026; reporting date 6 May 2026)
Optional commentary: Audited standalone and consolidated financial results for the quarter ended 31 March 2026 and the year ended 31 March 2026.
| Particulars | Quarter Ended 31-Mar-26 (Audited) (Refer note 3) |
Quarter Ended 31-Dec-25 (Unaudited) (Refer note 3) |
Quarter Ended 31-Mar-25 (Unaudited) (Refer note 4) |
Year Ended 31-Mar-26 (Audited) |
Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|
| Income | |||||
| Revenue from operations | 650.23 | 579.80 | 494.74 | 2,118.90 | 1,740.91 |
| Other income | 56.18 | 28.73 | 37.52 | 105.78 | 122.37 |
| Total income (I+II) | 706.41 | 608.53 | 532.26 | 2,224.68 | 1,863.28 |
| Expenses | |||||
| – Professional and consultancy expenses | 49.60 | 51.59 | 51.64 | 213.89 | 205.41 |
| – Software and server charges | 35.32 | 25.06 | 30.88 | 110.65 | 137.61 |
| – Employee benefit expense (Refer note 6) | 364.68 | 325.79 | 217.15 | 1,225.96 | 959.34 |
| – Other expenses (Refer note 7) | 39.44 | 77.46 | 41.60 | 174.24 | 105.09 |
| Total expenses | 489.04 | 479.90 | 341.27 | 1,724.74 | 1,407.45 |
| Profit before finance costs, depreciation, amortization and tax expense (III-IV) | 217.37 | 128.63 | 190.99 | 499.94 | 455.83 |
| – Depreciation and amortisation expenses | 110.50 | 108.23 | 110.25 | 434.56 | 354.71 |
| – Finance costs | 7.92 | 9.88 | 10.11 | 36.48 | 66.06 |
| Profit before exceptional items and tax | 98.95 | 10.52 | 70.63 | 28.90 | 35.06 |
| Exceptional items | – | – | – | – | – |
| Profit before tax (VI-VII) | 98.95 | 10.52 | 70.63 | 28.90 | 35.06 |
| Tax expense/(credit) | |||||
| – Current tax | – | – | – | – | – |
| – Deferred tax | – | – | – | – | – |
| Total tax expense | – | – | – | – | – |
| Profit after tax (VIII – IX) | 98.95 | 10.52 | 70.63 | 28.90 | 35.06 |
| Other comprehensive income/(loss) | |||||
| (a) Items that will not to be reclassified to profit or loss: | |||||
| – Re-measurement gains/(losses) on defined benefit plan, net of tax | 1.10 | (0.91) | (0.27) | (1.19) | (4.24) |
| Other comprehensive income/(loss), net of tax | 1.10 | (0.91) | (0.27) | (1.19) | (4.24) |
| Total comprehensive income (X+ XI) | 100.05 | 9.61 | 70.36 | 27.71 | 30.82 |
| Paid-up equity share capital | 158.81 | 158.62 | 146.65 | 158.81 | 146.65 |
| Other equity | 8,073.23 | 4,630.54 | |||
| Earnings/(loss) per equity share (face value ₹ 2 each)*: | |||||
| (a) Basic (in ₹ per share) | 1.25 | 0.14 | 0.96 | 0.38 | 0.48 |
| (b) Diluted (in ₹ per share) | 1.23 | 0.14 | 0.95 | 0.38 | 0.47 |
| Particulars | As at 31-Mar-26 | As at 31-Mar-25 |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| (a) Property, plant and equipment | 23.64 | 29.09 |
| (b) Intangible assets | 689.17 | 700.65 |
| (c) Right-of-use assets | 27.99 | 32.51 |
| (d) Financial assets | ||
| (i) Investments | 4,214.08 | 4,173.88 |
| (ii) Other financial assets | 234.53 | 225.84 |
| (e) Other tax assets | 134.40 | 79.88 |
| (f) Other non-current assets | 0.41 | 0.69 |
| Total non-current assets (A) | 5,324.22 | 5,242.54 |
| Current assets | ||
| (a) Financial assets | ||
| (i) Trade receivables | 768.31 | 444.53 |
| (ii) Cash and cash equivalents | 104.14 | 107.85 |
| (iii) Bank balances other than (ii) above | 3,232.40 | – |
| (iv) Other financial assets | 69.26 | 46.78 |
| (b) Other current assets | 147.93 | 78.88 |
| Total current assets (B) | 4,322.04 | 678.04 |
| Total assets (A+B) | 9,646.26 | 5,920.58 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| (a) Equity share capital | 158.81 | 146.65 |
| (b) Other equity | 8,073.23 | 4,630.54 |
| Total equity (A) | 8,232.04 | 4,777.19 |
| Liabilities | ||
| Non-current Liabilities | ||
| (a) Financial liabilities | ||
| (i) Lease liabilities | 6.06 | 12.02 |
| (b) Provisions | 105.59 | 67.55 |
| Total Non-current Liabilities (B) | 111.65 | 79.57 |
| Current Liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 447.21 | 517.38 |
| (ii) Lease liabilities | 22.91 | 21.15 |
| (iii) Trade payables | ||
| (a) total outstanding dues of micro enterprises and small enterprises | 9.43 | 13.23 |
| (b) total outstanding dues of creditors other than micro enterprises and small enterprises | 646.73 | 398.98 |
| (iv) Other financial liabilities | 105.81 | 51.36 |
| (b) Other current liabilities | 51.51 | 45.89 |
| (c) Provisions | 18.97 | 15.83 |
| Total current liabilities (C) | 1,302.57 | 1,063.82 |
| Total liabilities (B+C) | 1,414.22 | 1,143.39 |
| Total equity and liabilities (A+B+C) | 9,646.26 | 5,920.58 |
| Particulars | For the year ended 31-Mar-26 | For the year ended 31-Mar-25 |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit before tax | 28.90 | 35.06 |
| Adjustments to reconcile profit before tax to net cash flows | ||
| – Depreciation and amortisation expenses | 434.55 | 354.70 |
| – Loss allowances under expected credit loss model | (2.89) | (1.12) |
| – Share-based payments | 41.85 | 41.91 |
| – Liabilities no longer required, written back | 1.89 | – |
| – Profit on sale of investments | – | (50.13) |
| – Net gain on sale of property, plant and equipment | 0.03 | 0.24 |
| – Unrealized exchange loss/(gain) on foreign currency translations (net) | 36.75 | 18.10 |
| – Interest income on income tax refund | – | (2.05) |
| – Interest income on corporate deposit | – | 25.18 |
| – Interest income on bank deposit | (83.09) | (11.87) |
| – Finance costs | 31.71 | 60.84 |
| Operating profit before working capital changes | 489.70 | 470.86 |
| Working capital adjustments : | ||
| – Increase in trade receivables | (310.50) | (28.25) |
| – (Increase)/decrease in other assets and other financial assets (current and non-current) | (91.25) | 0.44 |
| – Increase in trade payable | 242.06 | 140.39 |
| – Increase in other liabilities | 5.62 | (18.55) |
| – Increase in other financial liabilities and Provisions | 94.42 | (11.74) |
| Cash generated from operations | 430.05 | 553.15 |
| Direct taxes paid | (54.52) | (34.77) |
| Net cash generated from operating activities (A) | 375.53 | 518.38 |
| B. Cash flow from investing activities | ||
| Purchase of property, plant and equipment including intangible assets | (386.46) | (477.29) |
| Proceeds from sale of property, plant and equipment | 1.83 | – |
| Sale of current investment, net | – | 749.37 |
| Corporate deposits placed | – | (400.00) |
| Proceeds from redemption of corporate deposits | – | 799.99 |
| Investments in subsidiary | – | (1,282.05) |
| Investment in fixed deposits | (3,158.00) | – |
| Change in other bank balances | – | (92.81) |
| Net cash used in investing activities (B) | (3,542.63) | (702.79) |
| C. Cash flow from financing activities | ||
| Proceeds from issue of share capital, (including security premium) | 3,345.08 | 49.92 |
| Repayment of Non Convertible Debentures (NCDs) | – | (352.48) |
| Payment of principal and interest portion of lease liabilities | (35.67) | (28.90) |
| (Repayment)/proceeds from current borrowings (net) | (27.26) | 14.55 |
| Finance costs paid | (28.71) | (58.06) |
| Surrender /re-purchase of share based options, net | – | (32.02) |
| Net cash generated from/(used in) financing activities (C ) | 3,253.44 | (406.99) |
| Net decrease in cash and cash equivalents (A+B+C) | 86.34 | (591.40) |
| Cash and cash equivalents at the beginning of the year | 12.13 | 603.53 |
| Cash and cash equivalents at the end of the year | 98.47 | 12.13 |
| Particulars | 31-Mar-26 | 31-Mar-25 |
|---|---|---|
| Balances with banks | ||
| – On current accounts | 104.14 | 107.85 |
| Less: Bank overdraft | (5.67) | (95.72) |
| Total cash and cash equivalents (net of bank overdraft) | 98.47 | 12.13 |
| Particulars | Quarter Ended 31-Mar-26 (Audited) (Refer note 3) | Quarter Ended 31-Dec-25 (Unaudited) (Refer note 3) | Quarter Ended 31-Mar-25 (Unaudited) (Refer note 4) | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|
| Income | |||||
| I Revenue from operations | 1,913.46 | 1,840.35 | 1,520.82 | 7,345.99 | 5,982.59 |
| II Other income | 67.06 | 36.83 | 25.09 | 137.34 | 136.10 |
| III Total income (I+II) | 1,980.52 | 1,877.18 | 1,545.91 | 7,483.33 | 6,118.69 |
| IV Expenses | |||||
| – Professional and consultancy expenses | 258.17 | 203.81 | 268.11 | 1,076.59 | 994.93 |
| – Software and server charges | 326.99 | 326.33 | 226.81 | 1,292.19 | 921.85 |
| – Employee benefit expense (Refer note 7) | 895.68 | 899.51 | 665.32 | 3,538.58 | 2,955.20 |
| – Other expenses (Refer note 11) | 118.63 | 160.95 | 85.23 | 510.12 | 460.98 |
| Total expenses | 1,599.47 | 1,590.60 | 1,245.47 | 6,417.48 | 5,332.96 |
| V Profit before finance costs, depreciation, amortization and tax expense (III-IV) | 381.05 | 286.58 | 300.44 | 1,065.85 | 785.73 |
| – Depreciation and amortisation expenses | 195.21 | 190.80 | 164.97 | 749.71 | 601.03 |
| – Finance costs | 10.69 | 14.59 | 15.97 | 54.64 | 77.88 |
| VI Profit before exceptional items and tax | 175.15 | 81.19 | 119.50 | 261.50 | 106.82 |
| VII Exceptional income (Refer note 9) | (249.60) | – | – | (249.60) | – |
| VIII Profit before tax (VI-VII) | 424.75 | 81.19 | 119.50 | 511.10 | 106.82 |
| IX Tax expense/(credit) | |||||
| – Current tax | 28.61 | 8.64 | (8.16) | 45.04 | (12.90) |
| – Deferred tax | (37.50) | (7.36) | (2.50) | (57.82) | (21.82) |
| Total tax expense | (8.89) | 1.28 | (10.66) | (12.78) | (34.72) |
| X Profit after tax from continuing operations (VIII – IX) | 433.64 | 79.91 | 130.16 | 523.88 | 141.54 |
| Profit/(loss) before tax from discontinued operations (Refer note 10) |