Kellton Tech Solutions reported consolidated revenue of ₹12,254 crore for FY26, an 11.4% increase from the previous year. The company delivered a net profit of ₹917 crore, up 15.1% year-on-year, driven by growth in AI-led transformation and cloud modernization services.

The technology services provider maintained its EBITDA margin at 11.8%, with EBITDA reaching ₹1,439 crore. Profit before tax rose to ₹1,073 crore from ₹925 crore in FY25, reflecting disciplined cost management and operational efficiency despite a challenging global economic environment.

Financial Performance

Revenue growth was supported by deeper customer relationships and an expanding base of platform-led programs. The company’s investments in proprietary AI platforms, including KAI (Kellton Agentic AI), contributed to higher-value engagements across banking, telecommunications, and media sectors.

Strategic Developments

During FY26, Kellton acquired Kumori Technologies to strengthen its ServiceNow capabilities and enterprise platform portfolio. The acquisition enhances the company’s ability to deliver end-to-end enterprise transformation programs, particularly in workflow automation and intelligent systems.

The company also secured triple-pillar Microsoft Solutions Partner designations across Data & AI, Digital & App Innovation, and Infrastructure. These credentials validate Kellton’s technical capabilities and provide access to co-selling opportunities within Microsoft’s partner ecosystem.

What the Numbers Show

Net profit grew faster than revenue, indicating improved operational leverage. While EBITDA margins remained stable at 11.8%, the expansion in net profit margin from 7.3% to 7.5% suggests effective control over non-operating expenses and tax efficiency. The company retained all profits for business expansion, declaring no dividend for the year.

Corporate Actions

Kellton completed a 1:5 stock split effective July 2025 to improve share liquidity. The company also received an ICRA A- (Stable) credit rating for its long-term bank facilities, reflecting its financial discipline and diversified client portfolio. The Board recommended re-appointment of Ms. Geeta Goti as an Independent Woman Director for a second term.

Looking ahead, management expects enterprise AI adoption to move from pilot projects to scaled implementation, aligning with Kellton’s focus on production-ready AI solutions and digital engineering expertise.

Kellton Tech Solutions approved raising up to $50 million through Foreign Currency Convertible Bonds (FCCBs) in its board meeting on September 5, 2026. The Board also re-appointed Srinivas Potluri and recommended Geeta Goti for a second term as independent director.

The meeting, held from 11:00 am to 11:28 am, concluded with the approval of the fund-raising proposal via private placement. The issuance is subject to regulatory and statutory approvals. The company also fixed the date for its Annual General Meeting (AGM) for FY26.

Fund Raising Details

The Board considered and approved the recommendation to raise funds by issuing eligible securities, including convertible or non-convertible instruments, through FCCBs. The aggregate amount to be raised shall not exceed $50 million. The issuance may occur in one or more tranches, pending requisite approvals from relevant authorities.

Director Re-appointments

The Board addressed two director-related matters during the session:

• Srinivas Potluri: Re-appointed as a director after retiring by rotation. Mr. Potluri, who holds an MBA from Kellogg School of Management and has over 31 years of global experience, continues to focus on expanding the company’s business across the US geography.
• Geeta Goti: Recommended for re-appointment as a Non-Executive Independent Woman Director for a second term of five consecutive years. Her new term is scheduled to commence from September 6, 2027, subject to shareholder approval via special resolution.

Ms. Goti brings nearly three decades of professional experience across government, private-sector organizations, and NGOs, with expertise in governance and workplace practices.

Annual General Meeting

The Board approved the details for the Annual General Meeting for FY26. The event will be held on Wednesday, September 30, 2026, at 11:00 am. The meeting will be conducted through Video Conference or Other Audio Visual Mode, in compliance with regulatory guidelines.

Rahul Jain, Company Secretary and Compliance Officer, signed the intimation filed with the Bombay Stock Exchange and the National Stock Exchange of India Ltd under Regulation 30 of the SEBI Listing Regulations.