Cadsys (India) Limited reported a standalone net profit of ₹40.93 lakh for the half year ended September 30, 2025, supported by a rise in revenue from operations. The company's board approved the unaudited standalone and consolidated financial results for the period in a meeting held on November 14, 2025.

Revenue from operations for the standalone entity rose to ₹1,329.15 lakh for the half year ended September 30, 2025, compared to ₹1,080.80 lakh in the corresponding period of the previous year. Total revenue stood at ₹1,331.72 lakh. Total expenses for the period were reported at ₹1,257.83 lakh, up from ₹1,049.72 lakh in the same period last year. The profit before tax for the half year was ₹73.89 lakh.

Standalone Financial Performance

The following table details the standalone financial performance for the half year ended September 30, 2025:

The company's cash and cash equivalents as per the standalone cash flow statement stood at ₹577.52 lakh as of September 30, 2025, compared to ₹629.41 lakh in the previous year. Net cash generated from operating activities was ₹1,686.97 lakh, while net cash used in investing activities was ₹714.23 lakh.

Consolidated Results

On a consolidated basis, the company reported a net loss of ₹1,311.27 lakh for the half year ended September 30, 2025, widening from a loss of ₹716.56 lakh in the same period of the previous year. Revenue from operations increased to ₹6,920.29 lakh from ₹6,015.17 lakh in the corresponding prior period. Total expenses for the consolidated entity rose to ₹9,184.34 lakh from ₹7,280.72 lakh. The loss before tax was reported at ₹2,186.37 lakh.

The consolidated financial results include the performance of subsidiaries Apex Advanced Technology LLC, USA; Cadsys Technology LLC, USA; and Apex Engineers (India) Private Limited. The limited review report for the consolidated results was issued by Narven Associates, Chartered Accountants.

Cadsys (India) Limited reported a net loss of ₹921.20 lakh for the financial year ended March 31, 2026, compared to a profit of ₹53.98 lakh in the previous year, following a Board meeting on May 28, 2026. The loss was primarily driven by an exceptional item of ₹1,121.44 lakh, representing a provision for the diminution in the value of its investment in Apex Advanced Technologies LLC. Revenue from operations for the year increased to ₹2,794.62 lakh from ₹1,966.76 lakh in FY25.

Standalone Financial Performance

The company’s standalone financial results for FY26 show a total revenue of ₹2,821.33 lakh, up from ₹1,993.79 lakh in the prior year. Total expenses rose to ₹2,595.88 lakh from ₹1,883.24 lakh. Before accounting for the exceptional provision and tax, the company reported a profit of ₹225.45 lakh. Basic earnings per share (EPS) for the year stood at (₹9.21), a significant decline from ₹0.54 in the previous year.

Exceptional Item and Investment Details

The exceptional item arose because the company’s shareholding in Apex Advanced Technologies LLC was reduced from 52% to 42% during the year. Consequently, the decline in the value of this long-term investment was deemed other than temporary, necessitating a provision of ₹1,121.44 lakh in accordance with Accounting Standard 13. This provision was disclosed separately in the Statement of Profit and Loss.

Consolidated Results and Auditor's Report

On a consolidated basis, the company reported a net loss of ₹1,849.76 lakh for FY26, narrowing from the loss of ₹3,705.20 lakh in the previous year. Total consolidated revenue stood at ₹11,757.56 lakh. The statutory auditor, M/s Narven Associates, issued an unmodified opinion on the standalone financial results but a modified opinion on the consolidated results. The modification was due to the inability to obtain sufficient appropriate audit evidence regarding the carrying value of the investment in Apex Advanced Technologies LLC, which ceased to be a subsidiary on November 7, 2025, and became an associate.