Exato Technologies Limited held its 9th Annual General Meeting on September 28, 2026, adopting the audited financial statements for the fiscal year ended March 31, 2026.

The meeting was conducted via Video Conferencing from 4:00 pm to 4:23 pm. Appuorv K Sinha, Chairman and Managing Director, presided over the session. The agenda included the adoption of both standalone and consolidated financial statements for FY26, along with the reports of the Board of Directors and Statutory Auditors.

Key resolutions passed

Shareholders approved the re-appointment of Swati Sinha as Whole-time Director. She retires by rotation and was eligible for re-appointment. The meeting also covered the adoption of the audited reports for the financial year 2025-26.

Management updates

During the address, the Chairman highlighted the successful completion of the company's Initial Public Offering and its listing on the BSE SME Platform. He provided an overview of the company's financial performance, international expansion efforts, order book status, and proprietary technology initiatives. Gopinath P Bailur, Chief Operating Officer, also addressed the members regarding operational priorities.

Board attendance

Several directors attended the meeting, either in person or virtually:

• Appuorv K Sinha: Chairman & Managing Director
• Swati Sinha: Whole-time Director
• Abhijeet Sinha: Non-Executive Non-Independent Director
• Vijay Kumar Tyagi: Non-Executive Independent Director and Audit Committee Chairperson
• Dr Omkar Rai: Non-Executive Independent Director and Chairperson of Stakeholders Relationship Committee
• Dr Milind Raman Godbole: Non-Executive Non-Independent Director

CA Deepanshu Pal from M/s Arora Prem and Associates served as the Statutory Auditor representative present in person. CS Nirbhay Kumar acted as the Scrutinizer for remote e-voting and e-voting proceedings.

Exato Technologies reported a 66.65% year-on-year increase in consolidated profit after tax (PAT) to ₹1,608.88 lakh for the financial year ended March 31, 2026. The company also submitted its revised annual report for FY26 on September 16, 2026, incorporating corrections from a corrigendum dated the same day.

Consolidated revenue from operations grew 35.23% to ₹16,799.58 lakh, supported by deeper enterprise engagements and international expansion. EBITDA expanded 59.29% to ₹2,539.44 lakh, with margins improving by 229 basis points to 15.12%.

Financial Performance

The standalone PAT rose 70.26% to ₹1,608.73 lakh, while consolidated EPS increased from ₹13.72 to ₹19.10. The improvement in profitability was driven by higher revenues and operational efficiencies.

Capital Markets Milestone

Exato Technologies listed on the BSE SME Platform on December 5, 2025, following an Initial Public Offering that raised ₹31.85 crore. The capital infusion strengthened the balance sheet, with total shareholders' funds rising from ₹4,234.78 lakh to ₹8,830.75 lakh. Long-term borrowings reduced sharply from ₹813.51 lakh to ₹66.12 lakh.

The debt-equity ratio improved from 0.74 times to 0.24 times, while the current ratio strengthened from 1.76 times to 2.75 times. The company also issued bonus shares in the ratio of 550:1 during the year.

What the Numbers Show

The significant divergence between revenue growth of 35.23% and EBITDA growth of 59.29% indicates strong operating leverage as the company scaled its platform-led offerings. Additionally, while PAT grew nearly 67%, other income declined 46.60% to ₹103.10 lakh, suggesting the profit growth was primarily operational rather than driven by non-recurring gains.

Order Book and Outlook

As of early FY27, the total order book stood at approximately ₹660 crore, with ₹409 crore remaining executable. This provides visibility into future execution. The company continues to invest in proprietary technology, with intangible assets under development rising to ₹2,840.00 lakh.

Exato plans to deepen its presence in international markets including the US, UK, Singapore, and Australia. It also aims to accelerate IP-led revenue through platforms like ExatoIQ and ExaFone.