Edvenswa Enterprises Appoints Krishna Mohan Adalath as CEO; Reports Q1 FY27 Financial Results

4 min read     Updated on 05 Aug 2026, 12:46 AM
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Edvenswa Enterprises Limited appointed Mr. Krishna Mohan Adalath as Chief Executive Officer effective August 4, 2026, bringing over two decades of experience in Enterprise Technology, ERP, and Cloud platforms. On a standalone basis, the company reported a net profit after tax of Rs. 16.47 Lacs for the quarter ended June 30, 2026, with total revenue of Rs. 132.59 Lacs. On a consolidated basis, net profit after tax stood at Rs. 45.42 Lacs, with total consolidated revenue of Rs. 3649.17 Lacs for the same quarter. The financial results were approved by the Board at its meeting held on August 4, 2026, and reviewed by Statutory Auditors VENUGOPAL & CHENYO, Chartered Accountants.

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Edvenswa Enterprises Limited announced the appointment of Mr. Krishna Mohan Adalath as its Chief Executive Officer, effective August 4, 2026. The decision was approved by the Board of Directors at its meeting held on August 4, 2026, which also considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting commenced at 8:30 PM (IST) and concluded at 9:45 PM (IST).

Leadership Appointment

Mr. Krishna Mohan Adalath brings more than two decades of experience across Enterprise Technology, ERP, Cloud platforms, Global delivery, Customer success, and building high-performing teams with sustainable growth. The appointment was made under the Companies Act, 2013. The key details of the appointment, as disclosed under Regulation 30 read with Schedule III of the Listing Regulations, are as follows:

Parameter: Details
Name: Mr. Krishna Mohan Adalath
Designation: Chief Executive Officer
Reason for Change: Appointment
Date of Appointment: August 4, 2026
Directorships in Listed Entities: Nil
Relationship with Other Directors: None

Standalone Financial Performance — Quarter Ended June 30, 2026

On a standalone basis, Edvenswa Enterprises reported revenue from operations of Rs. 107.45 Lacs for the quarter ended June 30, 2026, compared to Rs. 165.50 Lacs in the quarter ended June 30, 2025. Total revenue, including other income of Rs. 25.14 Lacs, stood at Rs. 132.59 Lacs for the quarter, against Rs. 178.88 Lacs in the corresponding quarter of the previous year. Total expenses for the quarter were Rs. 110.62 Lacs, resulting in a profit before tax of Rs. 21.97 Lacs. After accounting for a current tax of Rs. 5.50 Lacs, the net profit after tax stood at Rs. 16.47 Lacs.

Metric: Q1 FY27 (30-06-2026) Unaudited Q4 FY26 (31-03-2026) Audited Q1 FY26 (30-06-2025) Unaudited
Revenue from Operations: Rs. 107.45 Lacs Rs. 28.89 Lacs Rs. 165.50 Lacs
Other Income: Rs. 25.14 Lacs Rs. 32.24 Lacs Rs. 13.38 Lacs
Total Revenue: Rs. 132.59 Lacs Rs. 61.13 Lacs Rs. 178.88 Lacs
Total Expenses: Rs. 110.62 Lacs Rs. 17.87 Lacs Rs. 158.13 Lacs
Profit Before Tax: Rs. 21.97 Lacs Rs. 43.26 Lacs Rs. 20.75 Lacs
Net Profit After Tax: Rs. 16.47 Lacs Rs. 34.02 Lacs Rs. 20.84 Lacs
Total Comprehensive Income: Rs. 16.47 Lacs Rs. 29.27 Lacs Rs. 20.84 Lacs
Basic EPS (Rs.): 0.06 0.12 0.07
Diluted EPS (Rs.): 0.06 0.12 0.07

The paid-up share capital remained unchanged at Rs. 2921.60 Lacs, with a face value of Rs. 10.00 per share. Total reserves on a standalone basis stood at Rs. 8047.37 Lacs as of June 30, 2026.

Consolidated Financial Performance — Quarter Ended June 30, 2026

On a consolidated basis, Edvenswa Enterprises reported revenue from operations of Rs. 3624.03 Lacs for the quarter ended June 30, 2026, compared to Rs. 4042.82 Lacs in the quarter ended June 30, 2025. Total consolidated revenue stood at Rs. 3649.17 Lacs, against Rs. 4056.20 Lacs in the corresponding quarter of the previous year. Total consolidated expenses were Rs. 3598.30 Lacs, yielding a profit before tax of Rs. 50.87 Lacs. Net profit after tax on a consolidated basis was Rs. 45.42 Lacs for the quarter, compared to Rs. 439.56 Lacs in the same quarter of the previous year.

Metric: Q1 FY27 (30-06-2026) Unaudited Q4 FY26 (31-03-2026) Audited Q1 FY26 (30-06-2025) Unaudited
Revenue from Operations: Rs. 3624.03 Lacs Rs. 3237.19 Lacs Rs. 4042.82 Lacs
Other Income: Rs. 25.14 Lacs Rs. 32.24 Lacs Rs. 13.38 Lacs
Total Revenue: Rs. 3649.17 Lacs Rs. 3269.43 Lacs Rs. 4056.20 Lacs
Total Expenses: Rs. 3598.30 Lacs Rs. 3463.35 Lacs Rs. 3723.25 Lacs
Profit Before Tax: Rs. 50.87 Lacs Rs. -193.92 Lacs Rs. 332.95 Lacs
Net Profit After Tax: Rs. 45.42 Lacs Rs. 42.17 Lacs Rs. 439.56 Lacs
Total Comprehensive Income: Rs. 41.92 Lacs Rs. 355.39 Lacs Rs. 439.33 Lacs
Basic EPS (Rs.): 0.16 0.14 1.50
Diluted EPS (Rs.): 0.16 0.14 1.50

The consolidated paid-up share capital remained at Rs. 2921.60 Lacs, with total reserves of Rs. 11283.57 Lacs as of June 30, 2026. The consolidated results include the performance of subsidiaries — Edvenswa Tech Inc. (USA), OMNI Networks Inc. (USA), Seltosoft Inc. (USA, Step Down Subsidiary), and Strategemist Global Private Limited (India, 51% Subsidiary). The company operates in a single reportable business segment, namely Software Development. The unaudited financial results were reviewed by the Statutory Auditors, VENUGOPAL & CHENYO, Chartered Accountants, and approved by the Board of Directors on August 4, 2026.

Historical Stock Returns for Edvenswa Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-0.91%+4.93%-8.66%-22.24%-48.31%+81.74%

How does Mr. Adalath's background in Enterprise Technology and Cloud platforms align with Edvenswa's strategy to reverse the 89% year-over-year decline in consolidated net profit?

What specific operational changes or cost-cutting measures is the new CEO expected to implement to address the widening gap between total revenue and total expenses in the software development segment?

Given the significant drop in EPS from Rs. 1.50 to Rs. 0.16, what is the management's outlook for revenue growth in Q2 FY27 to regain investor confidence?

Edvenswa FY26 net profit falls 17% to ₹931.52 lakh

1 min read     Updated on 30 May 2026, 05:41 PM
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Anirudha BScanX News Team
AI Summary

Edvenswa Enterprises Limited reported a 17% decline in consolidated net profit to ₹931.52 lakh for FY26, despite total revenue rising to ₹13,306.66 lakh. The Board approved the audited results on May 28, 2026, with statutory auditors issuing an unmodified opinion.

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Edvenswa Enterprises Limited reported a consolidated net profit of ₹931.52 lakh for the financial year ended March 31, 2026, a decrease from ₹1,126.24 lakh in the previous year. Total revenue for the period rose to ₹13,306.66 lakh compared to ₹12,004.53 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹42.17 lakh on a total revenue of ₹3,269.43 lakh.

The Board of Directors, in a meeting held on May 28, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The meeting also accorded the appointment of M/s ERR & Associates as the internal auditor for the financial year 2026-2027, subject to the recommendation of the Audit Committee.

The statutory auditors, Venugopal & Chenoy Chartered Accountants, issued an unmodified opinion on the standalone and consolidated financial results. The audit was conducted in accordance with the Standards on Auditing specified under the Companies Act, 2013.

Consolidated Financial Performance

The company's consolidated financial results for FY26 reflect a rise in total revenue but a contraction in bottom-line profitability. Key operational metrics for the year include revenue from operations of ₹13,306.66 lakh and total expenses of ₹12,844.39 lakh. Profit before tax for the year stood at ₹554.47 lakh.

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations 13,306.66 12,004.53
Total Revenue 13,306.66 12,004.53
Total Expenses 12,844.39 10,481.46
Profit Before Tax 554.47 1,462.09
Net Profit 931.52 1,126.24

Standalone Financials

On a standalone basis, Edvenswa Enterprises Limited reported a net profit of ₹59.35 lakh for FY26, down from ₹90.12 lakh in the previous year. Total standalone revenue for the year decreased to ₹331.70 lakh from ₹523.75 lakh in FY25. For the quarter ended March 31, 2026, the standalone net profit was ₹34.02 lakh.

The company's reportable business segment is Software Development. The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The audited consolidated results include the financials of subsidiaries, including Edvenswa Tech Inc, USA, and Seltosoft Inc., USA.

Historical Stock Returns for Edvenswa Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-0.91%+4.93%-8.66%-22.24%-48.31%+81.74%

What specific factors drove the significant increase in total expenses during FY26?

How will the company strategize to reverse the decline in standalone revenue for the upcoming fiscal year?

Are there plans to improve the operational efficiency of the US-based subsidiaries to boost consolidated margins?

More News on Edvenswa Enterprises

1 Year Returns:-48.31%