SATECH
S A Tech Software India financials
- Market cap
- ₹52 Cr
- Sector
- Information Technology
- Calls analysed
- 3
SATECH Q4 FY26
What went well
- Full Year FY26 revenue stood at INR 112 crores and EBITDA at INR 6.99 crores.
- H2 FY26 showed significant sequential strength with total income of INR 63.55 crores, EBITDA of INR 6.08 crores, and PAT of INR 2.81 crores.
- Successfully established a GCC for Axiado Corporation in Bangalore, signaling capability for global enterprises.
What to watch
- Full Year FY26 PAT of INR 2.17 crores and EBITDA of INR 6.99 crores declined compared to FY25 due to intentional investments.
- FY27 EBITDA margin is projected to remain lower at 8-10% due to continued investments in sales, marketing, and tech teams.
Guidance record · Q4 FY26
what the last two calls moved 13 tracked 0 delivered 5 missed 8 open- FY26 Revenue missed said Q4 FY25 Promised: Rs. 135 crores (35% jump) Q4 FY26: Company reported full-year FY26 revenue of Rs. 112 crores, missing the target by 17%.
- FY27 EBITDA Margin revised down said Q2 FY26 Promised: 12-13% Q4 FY26: Guidance revised down to 8-10% for FY27, citing continued investments in sales, marketing, and technology.
- FY27 Revenue on track said Q2 FY26 Promised: INR 200 crores Q4 FY26: Management reiterated the INR 200 cr target, clarifying it is for the post-merger entity with Mindpool (which had ~40cr FY26 revenue).
All 13 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q4 FY26: revenue up 96.9%, net profit down 25.0% against the same quarter last year.
| Line item | Q2 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 32 | 51 | 49 | 50 | 63 +97% |
| EBITDA | 5 | 7 | 5 | 0 | 5 +0% |
| Net profit | 4 | 5 | 3 | -1 | 3 −25% |
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 −31.2% 1Y
1Y: ₹58 on 10 Sept 2025 → ₹39.9. High ₹58.05 (5 Jan 2026), low ₹31.9 (25 Jun 2026).
How the price took the results
close before → close after
- Q4 FY26
- −4.2%
- 26 May
- Q2 FY26
- +2.4%
- 21 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 | FY26 |
|---|---|---|
| Equity capital | ₹13 Cr | ₹13 Cr |
| Reserves | ₹27 Cr | ₹29 Cr |
| Borrowings | ₹12 Cr | ₹28 Cr |
| Other liabilities | ₹9 Cr | ₹14 Cr |
| Total liabilities | ₹60 Cr | ₹84 Cr |
| Fixed assets | ₹4 Cr | ₹21 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹3 Cr |
| Other assets | ₹54 Cr | ₹60 Cr |
| Total assets | ₹60 Cr | ₹84 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 Mar 2026
Since Mar 2025, FIIs trimmed −0.70 pp while the public added +0.51 pp. The shareholder count shrank 15% to 1,184.
- Promoters
- 69.6%
- FIIs
- 0.1%
- Public
- 30.3%
Since Mar 2025
- FIIs −0.70 pp
- Public +0.51 pp
- Promoters +0.19 pp
How it drifted, 4 quarters
Over this window the public went from 25.3% to 30.3% — +5.0 pp.
Ownership split by quarter, oldest first. Sep '24: Promoters 69.5%, FIIs 3.5%, DIIs 1.8%, Public 25.3%.Mar '25: Promoters 69.5%, FIIs 0.8%, Public 29.8%.Sep '25: Promoters 69.5%, FIIs 0.7%, Public 29.8%.Mar '26: Promoters 69.6%, FIIs 0.1%, Public 30.3%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Pawan Kumar Gupta newly disclosed 1.27% held
- Opalforce Software India Limited +0.19 pp 0.88% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of S A Tech Software India Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Sa Technologies | 54.90% | unchanged |
| Mindpool Technologies Limited | 13.53% | unchanged |
| Pawan Kumar Gupta | 1.27% | newly disclosed |
| Vivekanand Gangaramani | 1.06% | unchanged |
| Opalforce Software India Limited | 0.88% | +0.19 pp |
| Ritesh Sharma | 0.32% | unchanged |
| Sheetal Sharma | 0.00% | unchanged |
| Abhinav Joshi | 0.00% | unchanged |
| Shantanu Joshi | 0.00% | unchanged |
| Sunila Joshi | 0.00% | unchanged |
| Narottam Joshi | 0.00% | unchanged |
| Priyanka Joshi | 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.
All earnings calls (3)
Read the Q4 FY26 call →Learn to analyse S A Tech Software India Ltd
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