Geospatial-AI and engineering-services firm mapping infrastructure, water and energy networks for governments and utilities.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 148 | −1.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 27.0 | +2.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 31.0 | −13.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 24.74 | +5.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -1.36 | +5.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 32.14 | −7.1 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Guidance
3 of 9 judged targets kept · 14 open · verdicts reflect calls analysed to Q1 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Order Book Execution | order execution will be in the range of around INR 550 crore out of the total present order book. | Q3 FY25 | Target was for FY26 and has been achieved. Not mentioned this quarter. | Achieved |
| M&A Announcement | within next 2, 3 months, we should be able to give you some update on this. | Q3 FY25 | Announced a small INR 25cr JV with AI Fabric, but due diligence will take another 3-4 months. On larger acquisitions, management stated 'we don't want to invest just because we have funds', indicating further delays. | Delayed |
| Annual Revenue | INR 1,000 crores of revenue in next 2 to 3 years. | Q3 FY25 | Q1 FY27 revenue was INR 158 cr, flat YoY. While the order book is strong, the flat start to the year is a point of caution. Management expects growth to pick up in subsequent quarters. | On Track |
6 of Ceinsys Tech Limited's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: ₹1,349 on 24 Oct 2025 → ₹623.25. High ₹1,461.5 (4 Nov 2025), low ₹613.35 (26 Oct 2026).
Overview
Based on the company's own presentations, annual report and earnings calls.
Ceinsys Tech (CS TECH Ai) operates at the intersection of core engineering, AI and geospatial intelligence, building GIS mapping, digital-twin and technology platforms used to plan, build and maintain infrastructure, water, energy, mobility and smart-city assets. It earns revenue mainly from project- and milestone-based contracts with government, PSU and infrastructure-enterprise clients in India, executed through its two operating segments, and is expanding internationally (USA, UK, Germany, MEA) via organic delivery and acquisitions. It has grown inorganically through acquisitions such as Allygrow (mobility, 2022) and VTS (US geospatial-telecom, 2024).
Segments
close before → close after
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Guidance
3 of 9 judged targets kept · 14 open · verdicts reflect calls analysed to Q1 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Order Book Execution | order execution will be in the range of around INR 550 crore out of the total present order book. | Q3 FY25 | Target was for FY26 and has been achieved. Not mentioned this quarter. | Achieved |
| M&A Announcement | within next 2, 3 months, we should be able to give you some update on this. | Q3 FY25 | Announced a small INR 25cr JV with AI Fabric, but due diligence will take another 3-4 months. On larger acquisitions, management stated 'we don't want to invest just because we have funds', indicating further delays. | Delayed |
| Annual Revenue | INR 1,000 crores of revenue in next 2 to 3 years. | Q3 FY25 | Q1 FY27 revenue was INR 158 cr, flat YoY. While the order book is strong, the flat start to the year is a point of caution. Management expects growth to pick up in subsequent quarters. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 23 tracked commitments, with each call’s wording and source.
Call summaries
Ceinsys Tech Q1 FY27
Ceinsys Tech reported a mixed Q1 FY27, with strong EBITDA growth and margin expansion driven by operational efficiency and robust order inflows, particularly in Geospatial Engineering Services. However, PAT saw a marginal decline, and the Technology Solutions segment faced a revenue contraction. The company is strategically investing in AI and expects improved working capital and cash flow in coming quarters.
Read the full callCEINSYS Q4 FY26
Ceinsys Tech delivered its best-ever quarterly and full-year performance in Q4 FY26 and FY26, respectively, with strong double-digit growth in revenue and profit, coupled with significant margin expansion. The company reported a healthy order book and improved cash position. While unbilled revenue increased due to milestone-based billing, management expressed confidence in its conversion in the coming quarters and outlined plans for inorganic growth and international expansion, alongside continued focus on AI/ML-enabled solutions.
Read the full callCEINSYS Q3 FY26
Ceinsys Tech Limited (CS TECH Ai) delivered a strong Q3 FY26 performance with significant YoY growth in operational revenue and net profit, driven primarily by its Geospatial and Engineering Services segment. The company maintained a robust order book and stable working capital cycle. However, order inflows were impacted by government tender delays due to the code of conduct, and the inorganic acquisition timeline was pushed back. Management expressed confidence in maintaining growth momentum and achieving long-term order book visibility.
Read the full callEvery analysed call
Fundamentals
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Net profit, year on year: −14% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 85 | 107 | 138 | 150 | 158 | 164 | 164 | 148 |
| Expenses | 64 | 81 | 106 | 113 | 116 | 117 | 117 | 108 |
| Operating profit | 21 | 25 | 32 | 37 | 42 | 47 | 46 | 40 |
| Operating margin | 25.0% | 24.0% | 23.0% | 25.0% | 27.0% | 28.0% | 28.0% | 27.0% |
| Other income | 18 | 4 | 3 | 4 | 15 | 2 | 4 | 5 |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 38 | 27 | 32 | 38 | 53 | 45 | 46 | 42 |
| Tax rate | 26.0% | 26.0% | 25.0% | 6.0% | 26.0% | 5.0% | 23.0% | 26.0% |
| Net profit | 28 | 20 | 24 | 36 | 40 | 43 | 35 | 31 |
| EPS (₹ per share) | 16.01 | 11.39 | 13.90 | 20.64 | 22.17 | 24.22 | 16.93 | 14.93 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 219 | 214 | 399 | 636 |
| Expenses | 188 | 172 | 306 | 463 |
| Operating profit | 31 | 41 | 92 | 172 |
| Other income | 10 | 1 | 26 | 25 |
| Interest | 8 | 5 | 1 | 6 |
| Depreciation | 4 | 4 | 6 | 8 |
| Profit before tax | 29 | 33 | 111 | 182 |
| Net profit | 31 | 25 | 81 | 154 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 15 | 15 | 16 | 17 | 18 | 21 |
| Reserves | 144 | 157 | 193 | 387 | 449 | 665 |
| Borrowings | 60 | 55 | 8 | 43 | 75 | 34 |
| Other liabilities | 60 | 51 | 79 | 113 | 196 | 191 |
| Total liabilities | 280 | 278 | 297 | 560 | 739 | 911 |
| Fixed assets | 22 | 17 | 43 | 59 | 90 | 62 |
| Capital work in progress | 0 | 0 | 0 | 3 | 0 | 1 |
| Investments | 56 | 68 | 34 | 34 | 16 | 34 |
| Other assets | 202 | 193 | 220 | 464 | 632 | 814 |
| Total assets | 280 | 278 | 297 | 560 | 739 | 911 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 23 | 25 | 32 | 45 | 21 | 19 |
| Cash from investing | 1 | -1 | -13 | 12 | -67 | -125 |
| Cash from financing | -24 | -24 | -19 | -65 | 46 | 105 |
| Net cash flow | 0 | 0 | 1 | -8 | 0 | -1 |
| Free cash flow | 22 | 24 | 31 | 43 | 4 | 10 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 247 | 145 | 182 | 255 | 228 | 267 |
| Inventory days | 67 | 16 | 53 | 8 | 5 | 6 |
| Days payable | 1367 | 708 | 390 | 604 | 761 | 1058 |
| Cash conversion cycle | -1053 | -548 | -156 | -341 | -528 | -786 |
| Working capital days | 91 | 112 | 130 | 148 | 118 | 152 |
| Return on capital employed | 9.0% | 11.0% | 8.0% | 26.0% | 35.0% | 33.0% |
| Dividend payout | 90.0% | 45.0% | 49.0% | 11.0% | 8.0% | 5.0% |
The businesses behind the company’s reported revenue.
a. Geospatial and Engineering Services contributes 59.8% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
₹94.33 crore
₹63.09 crore
₹0.37 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| a. Geospatial and Engineering Services | 94.33 | 59.8% |
| b. Technology Solutions | 63.09 | 40.0% |
| c. Others | 0.37 | 0.2% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
b. Technology Solutions shrank from 43% to 40% of revenue over the last two years.
| Segment | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| a. Geospatial and Engineering Services | — | — | — | — | — | — | 64% | 60% | — |
| b. Technology Solutions | 43% | 39% | 56% | — | 54% | 54% | 36% | 40% | -24.8% |
| c. Others | <1% | <1% | <1% | — | <1% | <1% | <1% | <1% | +2.8% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
To justify its price of ₹623, this stock must grow earnings at -1% every year for 7 years. Our analysis caps realistic growth at ~66%. At that growth it is worth ₹15190 — upside of 2337%.
Ownership
Promoters hold 50.88% as of Sept 2026; institutions added 0.28 pts since Jun 2026.
Named in the Sep 2026 filing
Every holder of Ceinsys Tech Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 16.03% | unchanged | |
| 15.35% | unchanged | |
| VC / PE | 9.92% | unchanged |
| 8.44% | unchanged | |
| 6.51% | unchanged | |
| 3.69% | unchanged | |
| 2.79% | −0.21 pp | |
| 2.07% | unchanged | |
| 0.85% | unchanged | |
| — | off the list |
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.
Your own record
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