CyberTech Systems and Software Limited has announced a buyback offer to repurchase up to 8,50,000 fully paid-up equity shares at a price of ₹170 per share, aggregating to ₹14.45 crore. The offer represents 2.73% of the total paid-up equity share capital and is being undertaken to return surplus cash to shareholders and enhance long-term shareholder value.

The company has completed the dispatch of the Letter of Offer dated May 30, 2026, along with Tender Forms to eligible shareholders holding shares as on the record date of Friday, May 29, 2026. The documents were sent electronically on Monday, May 31, 2026, and via speed post for shareholders without email availability on Tuesday, June 02, 2026. A notice regarding this dispatch was published in newspapers on June 03, 2026.

Buyback Details

The buyback will be conducted through the tender offer route using the stock exchange mechanism. The offer is scheduled to open on Thursday, June 04, 2026, and will close on Wednesday, June 10, 2026. The buyback size constitutes 9.81% and 7.55% of the aggregate of the total paid-up capital and free reserves as per the latest audited standalone and consolidated financial statements for the financial year ended March 31, 2026, respectively.

The company has categorized the offer into two segments: a reserved category for small shareholders and a general category for all other eligible shareholders. Small shareholders are defined as those holding equity shares with a market value not exceeding ₹2,00,000 on the record date. The buyback entitlement ratio is set at 12 equity shares for every 277 equity shares held on the record date for both categories.

Regulatory and Financial Compliance

The buyback has been approved by the Board of Directors at its meeting held on Wednesday, May 13, 2026. The proposal is in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, and the Companies Act, 2013. The company has appointed Saffron Capital Advisors Private Limited as the manager to the buyback and MUFG Intime India Private Limited as the registrar to the buyback.

Lodha & Co LLP, the statutory auditor of the company, has certified that the company has adequate and firm financial resources to meet the buyback commitments. The funds for the buyback will be sourced from the company's free reserves and/or securities premium account, and no borrowed funds will be utilized for this purpose. The company has also deposited ₹3,61,25,000, representing 25% of the buyback size, into an escrow account with ICICI Bank Limited.

CyberTech Systems and Software convened its Board of Directors meeting on May 13, 2026, approving audited financial results for the quarter and year ended March 31, 2026, for both standalone and consolidated entities, and passing a formal resolution approving the buyback of equity shares under the SEBI Buyback Regulations. The meeting commenced at 07:00 P.M. and concluded at 09:10 P.M., with the filing signed by Sarita Leelaramani, Company Secretary and Compliance Officer. The auditor's report on the audited financial results carries an un-modified opinion, as declared pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015. On May 14, 2026, the company filed its press release and earnings presentation for the quarter and year ended March 31, 2026 pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, and also published the audited financial results (consolidated and standalone) in "Active Times" (English Daily) and "Mumbai Lakshadweep" (Marathi Daily) pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015.

Board Meeting Outcome

The board considered and approved the following key matters:

CEO Commentary

Commenting on the results, Mr. Vish Tadimety, CEO and Founder, stated that Q4 delivered strong sequential momentum with total revenue of ₹672.2 million, up approximately 5% over the preceding quarter, closing a full year in which total revenue grew 2.7% to ₹2,630.3 million with operating revenue of ₹2,371.5 million. He described this as a resilient outcome in a year of cautious discretionary technology spending, and one of purposeful investment in specialised talent, delivery capabilities, and annual compensation revisions. He also highlighted that CyberTech has achieved Esri Platinum Partner status — the highest tier in the Esri ecosystem globally — and that the board's approval of the share buyback programme at ₹170 per share underscores the strength of the company's balance sheet and its disciplined approach to capital allocation.

Consolidated Financial Performance

On a consolidated basis, CyberTech reported revenue from operations of ₹623.34 million for Q4FY26, compared to ₹614.94 million in Q4FY25, reflecting 1.4% YoY growth and 7.8% QoQ growth. For the full year, consolidated operating revenue stood at ₹2,371.52 million against ₹2,358.97 million in the prior year. Total revenue for FY26 was ₹2,630.32 million, up 2.7% YoY. EBITDA for Q4FY26 stood at ₹106.0 million (15.8% margin), while full-year EBITDA was ₹446.2 million (17.0% margin). The following table presents the key consolidated financial metrics:

Full-Year Consolidated Performance

Consolidated Balance Sheet Highlights

On a consolidated basis, total assets stood at Rs. 27,884.03 lakhs as at March 31, 2026, compared to Rs. 30,547.63 lakhs as at March 31, 2025. Total equity was Rs. 21,230.00 lakhs against Rs. 24,766.70 lakhs in the prior year. Cash and cash equivalents stood at Rs. 2,101.47 lakhs as at March 31, 2026, compared to Rs. 2,214.04 lakhs in the previous year. Net cash flow generated from operating activities for the year was Rs. 1,170.47 lakhs, compared to Rs. 3,775.71 lakhs in the prior year.

Standalone Financial Performance

On a standalone basis, revenue from operations for Q4FY26 was Rs. 4,149.12 lakhs, compared to Rs. 4,067.10 lakhs in the corresponding prior-year quarter. For the full year, standalone revenue from operations stood at Rs. 16,038.73 lakhs against Rs. 16,104.62 lakhs in the previous year. Profit for the period increased to Rs. 665.20 lakhs in Q4FY26 from Rs. 653.88 lakhs in Q4FY25, while full-year standalone profit stood at Rs. 2,336.93 lakhs compared to Rs. 2,466.95 lakhs in FY25. The following table presents the key standalone financial metrics:

Standalone Balance Sheet Highlights

On a standalone basis, total assets stood at Rs. 18,607.99 lakhs as at March 31, 2026, compared to Rs. 23,755.42 lakhs as at March 31, 2025. Total equity was Rs. 14,906.47 lakhs against Rs. 20,015.99 lakhs in the prior year. Cash and cash equivalents stood at Rs. 1,585.66 lakhs as at March 31, 2026, compared to Rs. 1,720.26 lakhs in the previous year. Net cash flow generated from operating activities for the year was Rs. 2,640.70 lakhs, compared to Rs. 2,615.59 lakhs in the prior year.

Business Highlights – Q4FY26

The following operational metrics were reported as of March 31, 2026:

Buyback Details

The board approved a proposal to buy back up to 8,50,000 fully paid-up equity shares of face value ₹10/- each through the tender offer route, at a price of ₹170/- per equity share. The aggregate buyback size is capped at ₹14,45,00,000/-, representing 9.81% and 7.55% of the aggregate total paid-up equity share capital and free reserves based on audited standalone and consolidated financial statements as on March 31, 2026, respectively. The shares proposed to be bought back represent up to 2.73% of the existing total paid-up equity share capital. The buyback will be funded from the company's current surplus, cash balances, current investments, and internal resources, with no borrowed funds to be utilised. The record date for determining eligible shareholders has been fixed as Friday, May 29, 2026, and the letter of offer along with the tender form shall be dispatched to eligible shareholders within 2 working days from the record date. The buyback shall not result in delisting of equity shares from BSE Limited or National Stock Exchange of India Limited, and will be subject to maintaining minimum public shareholding requirements as prescribed under applicable regulations.

Pre-Buyback Shareholding Pattern (as on May 08, 2026)

Buyback Committee and Intermediaries

The board constituted a Buyback Committee to oversee implementation of the offer. The committee composition is as follows:

The board also appointed the following intermediaries for the buyback:

Sarita Leelaramani, Company Secretary, has been designated as the Compliance Officer for the buyback. The statutory auditor report for the buyback, issued by Lodha & Co. LLP, Chartered Accountants, was also taken on record by the board. In terms of Regulation 5(via) of the SEBI Buyback Regulations, the board may, till one working day prior to the record date, increase the buyback price and decrease the number of equity shares proposed to be bought back, such that there is no change in the aggregate buyback size.