ROXHITECH
ROX Hi-Tech financials
- Market cap
- ₹106 Cr
- Sector
- Information Technology
- Calls analysed
- 3
ROXHITECH Q4 FY26
What went well
- Healthy revenue growth of 11.33% YoY for FY26, reaching INR 210.63 crores.
- Maintained healthy profitability and a strong balance sheet despite macroeconomic challenges.
- Strengthened capabilities in emerging technologies like agentic AI, intelligent automation, and cybersecurity.
What to watch
- Marginal decline in FY26 revenue compared to FY25 due to supply side delays.
- Decreasing trend in EBITDA margins (H2 FY26 at 13.86%) attributed to supply delays, gold price increase, semiconductor shortages, and global macros leading to higher procurement costs.
Guidance record · Q4 FY26
what the last two calls moved 11 tracked 0 delivered 2 missed 9 open- FY26 Revenue missed said Q4 FY25 Promised: grow at around 20% kind of a number / 220 Cr topline Q4 FY26: Achieved INR 210.63 crores for FY26, missing the INR 220 crore target. Management attributed the shortfall to supply side delays in Q4.
- EBITDA Margin at risk said Q4 FY25 Promised: go back to our original position in subsequent years Q4 FY26: H2 FY26 EBITDA margin declined to 13.86% due to supply chain issues, putting the recovery trend at risk. Management guided for a return to 15-17% in FY27.
- EPS on track said Q4 FY25 Promised: uptick by 2027 Q4 FY26: Full year FY26 EPS was approx. 7.74, a decline from 8.46 in FY25. The target for an uptick by 2027 remains, but the current trajectory is negative.
All 11 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q4 FY26: revenue up 11.1%, net profit down 9.1% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 77 | 99 | 83 | 104 | 110 +43% | 110 +11% |
| EBITDA | 16 | 16 | 16 | 10 | 16 +0% | 16 +0% |
| Net profit | 10 | 11 | 10 | 9 | 10 +0% | 10 −9% |
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 −6.1% 1Y
1Y: ₹48.75 on 10 Sept 2025 → ₹45.8. High ₹58.45 (14 Aug 2026), low ₹24.75 (30 Mar 2026).
How the price took the results
close before → close after
- Q4 FY26
- +0.8%
- 15 Jun
- Q2 FY26
- +13.6%
- 20 Nov
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.
Balance sheet
| Year ending | FY25 |
|---|---|
| Equity capital | ₹23 Cr |
| Reserves | ₹96 Cr |
| Borrowings | ₹54 Cr |
| Other liabilities | ₹86 Cr |
| Total liabilities | ₹259 Cr |
| Fixed assets | ₹16 Cr |
| Capital work in progress | ₹18 Cr |
| Investments | ₹0 Cr |
| Other assets | ₹224 Cr |
| Total assets | ₹259 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 Aug 2026
Since Sep 2025, the public trimmed −1.66 pp while promoters added +1.51 pp. The shareholder count shrank 10% to 2,348.
- Promoters
- 60.5%
- FIIs
- 0.1%
- DIIs
- 1.2%
- Public
- 38.1%
Since Sep 2025
- Public −1.66 pp
- Promoters +1.51 pp
- DIIs +0.15 pp
How it drifted, 7 quarters
Over this window FIIs fell from 5.8% to 0.1% — −5.7 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 58.9%, FIIs 5.8%, Public 35.2%.Mar '24: Promoters 58.9%, FIIs 1.8%, Public 39.2%.Sep '24: Promoters 58.9%, FIIs 0.2%, Public 40.9%.Mar '25: Promoters 59.0%, FIIs 0.2%, Public 40.8%.Sep '25: Promoters 59.0%, FIIs 0.1%, DIIs 1.1%, Public 39.8%.Mar '26: Promoters 58.8%, FIIs 0.1%, DIIs 1.3%, Public 39.8%.Aug '26: Promoters 60.5%, FIIs 0.1%, DIIs 1.2%, Public 38.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Jim Rakesh +1.36 pp 46.26% held
- Sukanya Rakesh +0.30 pp 10.17% held
- Janet Rekha +0.12 pp 4.10% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Aug 2026 filing
Every holder of ROX Hi-Tech Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jim Rakesh | 46.26% | +1.36 pp |
| Sukanya Rakesh | 10.17% | +0.30 pp |
| Janet Rekha | 4.10% | +0.12 pp |
| Edison Agna Daicy | 1.60% | −0.07 pp |
| Avora Sme Fund 1 AIF | 1.23% | −0.06 pp |
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
- -20.6% 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
All earnings calls (3)
Read the Q4 FY26 call →Learn to analyse ROX Hi-Tech Ltd
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