ALANKIT
Alankit financials
- Market cap
- ₹219 Cr
- Sector
- Services
What Alankit Limited does
Alankit Limited is the flagship e-Governance and financial-services company of the Alankit Group, delivering government-linked citizen services on behalf of NSDL, UIDAI, the Income Tax Department and partner banks: PAN card issuance and correction, Aadhaar enrolment/updates, e-TDS return filing, and GST Suvidha Provider (GSP) API solutions. It also runs a Business Correspondent (kiosk banking) network for partner banks, MEA-authorised attestation/apostille services, Atal Pension Yojana enrolment, manpower/staffing solutions, and Smart ID card printing/distribution. Related services such as Digital Signature Certificates and forex are delivered through subsidiaries (Verasys Limited and Alankit Forex India Limited respectively). The company earns fee/commission income for processing these citizen and financial transactions rather than owning any manufacturing facility.
Segments
- Financial Services
- RegTech
- Channel Business
- Managed Services
- Tech Solutions
- Business locations / service points
- 10,000+ across 673 cities
- Retail customer base served
- 100 million+
- Regional offices
- 25
- Business Correspondent network
- 2,300+ Customer Service Points, partnered with 9 banks
- PAN applications processed (cumulative)
- 95 million+
- Aadhaar registrations/updates facilitated (cumulative)
- 43 million+
Quarterly results
Q1 FY27: revenue up 37.5%, net profit down 34.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 22 | 31 | 16 | 14 −39% | 21 −3% | 54 +73% | 22 +37% |
| EBITDA | 3 | 4 | 12 | -5 | 1 −51% | 2 −49% | 7 −39% | 3 +164% |
| Net profit | 2 | 3 | 3 | 2 | 3 +77% | 4 +6% | 3 +13% | 2 −35% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −43.3% 1Y
1Y: ₹13.96 on 10 Sept 2025 → ₹7.91. High ₹13.96 (10 Sept 2025), low ₹6.82 (30 Mar 2026).
Financials, as filed
Revenue fell 20.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹211 Cr | ₹127 Cr | ₹106 Cr | ₹106 Cr |
| Operating profit | ₹14 Cr | ₹23 Cr | ₹26 Cr | ₹6 Cr |
| Operating margin | 6.8% | 18.1% | 24.2% | 6.0% |
| Interest | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹8 Cr | ₹6 Cr | ₹8 Cr | ₹10 Cr |
| Net profit | ₹-34 Cr | ₹15 Cr | ₹12 Cr | ₹12 Cr |
| Net margin | -16.4% | 12.2% | 11.0% | 11.6% |
| Cash from operations | ₹18 Cr | ₹-8 Cr | ₹50 Cr | ₹11 Cr |
| Free cash flow | ₹17 Cr | ₹-17 Cr | ₹25 Cr | ₹7 Cr |
| ROCE | 11.0% | 8.0% | 7.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹14 Cr | ₹14 Cr | ₹22 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹78 Cr | ₹86 Cr | ₹174 Cr | ₹278 Cr | ₹280 Cr | ₹304 Cr |
| Borrowings | ₹15 Cr | ₹20 Cr | ₹13 Cr | ₹25 Cr | ₹21 Cr | ₹14 Cr |
| Other liabilities | ₹48 Cr | ₹45 Cr | ₹58 Cr | ₹44 Cr | ₹116 Cr | ₹27 Cr |
| Total liabilities | ₹155 Cr | ₹166 Cr | ₹268 Cr | ₹374 Cr | ₹445 Cr | ₹372 Cr |
| Fixed assets | ₹65 Cr | ₹58 Cr | ₹28 Cr | ₹24 Cr | ₹77 Cr | ₹45 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹8 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹41 Cr | ₹41 Cr | ₹134 Cr | ₹134 Cr | ₹40 Cr | ₹160 Cr |
| Other assets | ₹50 Cr | ₹67 Cr | ₹106 Cr | ₹208 Cr | ₹328 Cr | ₹167 Cr |
| Total assets | ₹155 Cr | ₹166 Cr | ₹268 Cr | ₹374 Cr | ₹445 Cr | ₹372 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 10% to 1,05,379.
- Promoters
- 54.1%
- FIIs
- 0.4%
- DIIs
- 0.1%
- Public
- 45.4%
Since Jun 2025
- DIIs +0.04 pp
- Public −0.03 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window the public fell from 47.9% to 45.4% — −2.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 52.0%, FIIs 0.1%, DIIs 0.0%, Public 47.9%.Dec '23: Promoters 52.0%, FIIs 0.9%, DIIs 0.0%, Public 47.1%.Mar '24: Promoters 54.1%, FIIs 0.4%, DIIs 0.0%, Public 45.5%.Jun '24: Promoters 54.1%, FIIs 0.6%, DIIs 0.0%, Public 45.2%.Sep '24: Promoters 54.1%, FIIs 0.4%, DIIs 0.0%, Public 45.5%.Dec '24: Promoters 54.1%, FIIs 0.4%, DIIs 0.0%, Public 45.5%.Mar '25: Promoters 54.1%, FIIs 0.4%, DIIs 0.0%, Public 45.5%.Jun '25: Promoters 54.1%, FIIs 0.4%, DIIs 0.0%, Public 45.5%.Sep '25: Promoters 54.1%, FIIs 0.4%, DIIs 0.0%, Public 45.5%.Dec '25: Promoters 54.1%, FIIs 0.5%, DIIs 0.0%, Public 45.4%.Mar '26: Promoters 54.1%, FIIs 0.6%, DIIs 0.0%, Public 45.3%.Jun '26: Promoters 54.1%, FIIs 0.4%, DIIs 0.1%, Public 45.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Alankit Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Alankit Brands Private Limited | 36.31% | unchanged |
| Alankit Assignments Limited | 11.06% | unchanged |
| Avyaan Agarwal | 4.06% | unchanged |
| Bhaijee Broking And Investments Private Limited | 3.29% | unchanged |
| Agastya Agarwal | 2.59% | unchanged |
| Bright Infradev Private Limited | 1.56% | unchanged |
| Lefin (India) Private Limited | 1.25% | unchanged |
| Pratishtha Garg | 0.09% | unchanged |
| Ankit Agarwal | 0.04% | unchanged |
| Alankit Associates Private Limited | 0.00% | unchanged |
| Alok Kumar Agarwal | 0.00% | unchanged |
| Alka Agarwal | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 33.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Alankit Limited
Guides on how to read this kind of business and the numbers that matter.