BITS Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited. The certificate, covering the quarter ended March 31, 2026, was communicated by Managing Director Omprakash Ramashankar Pathak on April 6, 2026.

Q4FY26 Dematerialization Compliance

The certificate was issued by Mas Services Limited, the company's Registrar and Transfer Agent (RTA), confirming compliance with dematerialization procedures during the period from January 1, 2026 to March 31, 2026. The RTA confirmed that all securities received from Depository Participants for dematerialization were processed within the stipulated 15-day timeframe.

RTA Confirmation Details

Mas Services Limited, in their certificate dated April 2, 2026, confirmed that securities received for dematerialization were accepted or rejected within 15 days of receipt. The RTA also verified that security certificates received for dematerialization were properly mutilated and cancelled after due verification, with the Depositories' names substituted in the register of members as registered owners within the prescribed timeframe.

Previous Regulatory Compliance

Earlier, BITS Limited had confirmed to BSE Limited that it does not qualify as a Large Corporate Entity under SEBI's regulatory framework. This confirmation was made pursuant to SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, ensuring compliance with mandatory disclosure requirements.

Company Information

BITS Limited operates under CIN L72200MH1992PLC241971 with its registered office at 23, 1st Floor, 130/132, Great Western Building, Shahid Bhagat Singh Road, Fort, Mumbai-400023. The company maintains corporate communications through bitsltd@gmail.com and operates its website at www.bits.net.in .

BITS Limited announced its Q3 FY26 financial results for the quarter ended December 31, 2025, demonstrating strong operational performance across key financial metrics. The Board of Directors approved the unaudited standalone and consolidated financial results during their meeting held on January 14, 2026, in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting and Regulatory Compliance

The Board of Directors meeting commenced at 3:00 PM and concluded at 4:40 PM on January 14, 2026. The meeting was chaired by Managing Director Omprakash Ramashankar Pathak (DIN-01428320), who digitally signed the financial results. The unaudited financial statements were reviewed by the audit committee and received limited review certification from statutory auditors R C Chadda & Co LLP.

Strong Quarterly Performance

The company delivered impressive growth in the third quarter of FY26, with revenue from operations reaching ₹38.91 lakhs compared to ₹30.87 lakhs in Q3 FY25, representing a robust 26.08% year-on-year increase. Net profit showed exceptional performance, surging 207.81% to ₹26.81 lakhs from ₹8.71 lakhs in the corresponding quarter of the previous year. Other income witnessed remarkable growth of 870.33%, rising to ₹17.66 lakhs from ₹1.82 lakhs.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, BITS Limited maintained its growth trajectory with revenue from operations of ₹103.48 lakhs compared to ₹82.83 lakhs in the corresponding period of FY25, marking a 24.93% increase. Nine-month net profit demonstrated substantial improvement, rising to ₹44.33 lakhs from ₹12.40 lakhs in the previous year, representing a remarkable 257.50% growth.

Operational Efficiency and Cost Management

The company's total expenses for Q3 FY26 stood at ₹29.76 lakhs compared to ₹23.98 lakhs in Q3 FY25. Employee benefit expenses remained relatively stable at ₹8.66 lakhs versus ₹9.05 lakhs in the previous year quarter. Depreciation and amortization expenses increased to ₹5.65 lakhs from ₹3.24 lakhs, while other expenditure rose to ₹15.45 lakhs from ₹11.69 lakhs.

Earnings Per Share and Capital Structure

Basic and diluted earnings per share for Q3 FY26 improved significantly to ₹0.0240 from ₹0.0078 in Q3 FY25. For the nine-month period, EPS reached ₹0.0396 compared to ₹0.0111 in the corresponding period last year. The company maintained its paid-up equity share capital at ₹2,237.50 lakhs with a face value of ₹2 per share.

Consolidated Results and Associate Performance

The consolidated financial results showed total comprehensive income of ₹28.06 lakhs for Q3 FY26, including a share of profit from associates of ₹1.25 lakhs. The consolidated nine-month comprehensive income reached ₹48.17 lakhs compared to ₹14.98 lakhs in the previous year. The consolidated results include contributions from associate company Prurient IT Solutions Private Limited.

Shareholding Structure and Governance

BITS Limited's shareholding pattern remained stable with promoter and promoter group holding 65.07% of the total share capital, while public shareholding stood at 34.93%. The company reported no investor complaints pending at the beginning or end of the quarter, indicating effective investor relations management. The company operates in a single business segment focused on computer education services.