Hiliks Technologies has secured a sub-contract valued at ₹95.51 crore from KMC Constructions for signaling and telecommunication works, strengthening its order book in the railway infrastructure sector.

Order Details

The sub-contract agreement was signed on March 13, 2026, covering the doubling of track between Akanapet Jn. & Medchal Stations, including the implementation of Kavach in South Central Railway, Telangana. The requisite approval from South Central Railway was received on June 17, 2026.

The company stated that the cumulative value of pending orders stands at ₹165 Crores. The disclosure was made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Hiliks Technologies reported an 81% increase in net profit to ₹83.88 lakh for the financial year ended March 31, 2026, driven by a 324% surge in revenue from operations to ₹2,958.79 lakh. The company’s profit for the quarter ended March 31, 2026, stood at ₹68.91 lakh, compared to ₹2.61 lakh in the corresponding period of the previous year. Revenue for the quarter rose to ₹1,594.42 lakh from ₹204.93 lakh a year ago.

The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s. A S K M & Co., Chartered Accountants, reviewed the results and issued an unmodified opinion. The financial statements were prepared in compliance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Total expenses for the year increased to ₹2,839.10 lakh from ₹633.97 lakh in the previous year, primarily due to higher costs of materials consumed and other expenses. The company reported earnings per share (EPS) of ₹0.78 for the year, up from ₹0.53 in FY25. For the quarter, basic EPS was reported at ₹0.64.

Consolidated Performance

On a consolidated basis, the company reported a net profit of ₹82.14 lakh for FY26, compared to ₹46.34 lakh in the previous year. Total consolidated revenue for the year stood at ₹2,960.92 lakh, a significant increase from ₹697.70 lakh in FY25. For the quarter ended March 31, 2026, consolidated net profit was ₹67.98 lakh on revenue of ₹1,596.55 lakh.

Financial Position

The company’s total assets as of March 31, 2026, stood at ₹3,522.90 lakh, up from ₹2,195.78 lakh in the previous year. Equity share capital increased to ₹1,075.00 lakh from ₹882.00 lakh. Total liabilities rose to ₹858.40 lakh, compared to ₹150.73 lakh in the prior year. The company reported no outstanding defaults on loans or debt securities during the year.