kratikal tech delivered strong financial growth in FY26, with consolidated revenue from operations rising 76.09% to ₹3,671.59 lakh from ₹2,085.09 lakh in the previous year. This expansion was primarily fueled by a 299.57% surge in export revenue, which climbed from ₹275.11 lakh to ₹1,099.22 lakh, while domestic revenue grew 42.12% to ₹2,572.37 lakh. Consequently, consolidated profit after tax increased 51.36% to ₹5,96.08 lakh, compared to ₹3,93.83 lakh in FY25. Standalone revenue also expanded 60.95% to ₹3,355.95 lakh, with standalone PAT rising 8.23% to ₹4,26.48 lakh.

The Board of Directors did not recommend a dividend for FY26, opting to retain profits to fund growth initiatives and expansion plans. Statutory auditors A T K & Associates issued an unqualified report on both standalone and consolidated financial statements, confirming compliance with Accounting Standards. The audit covered the period ended March 31, 2026, with no material observations regarding internal controls or fraud detected under Section 143(12) of the Companies Act, 2013.

In corporate governance developments, shareholders are set to ratify the Kratikal Employee Stock Option Plan 2019 at the upcoming Annual General Meeting (AGM). The plan, originally approved before the company’s Initial Public Offer, has been amended to align with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Shareholders will vote on granting up to 3,87,625 employee stock options, exercisable into equity shares of ₹10 face value each. Additionally, the Board seeks approval to extend ESOP benefits to employees of group companies, including subsidiaries Threatcop AI Inc. and Threatcop FZ LLC.

The AGM notice also proposes the appointment of Dip Jung Thapa as an Executive Director, liable to retire by rotation. Thapa, currently the Chief Operating Officer and a promoter holding 6.12% of the paid-up equity share capital, brings over nine years of experience in cybersecurity and business management. His proposed remuneration is capped at ₹60,00,000 per annum. Paratosh Kumar, the Whole-Time Director, retires by rotation and offers himself for re-appointment, with no change proposed to his existing remuneration structure.

Financial Performance Overview

What the Numbers Show

The divergence between standalone and consolidated performance highlights the significant contribution of overseas subsidiaries. While standalone PAT grew modestly by 8.23%, consolidated PAT surged by 51.36%. This gap is largely attributable to the inclusion of Threatcop AI Inc., which reported a turnover of ₹3,15.64 lakh and a profit after tax of ₹1,88.15 lakh. In contrast, the UAE-based subsidiary, Threatcop FZ LLC, incurred a loss of ₹18.36 lakh during its initial operational phase. The substantial growth in export revenue, now constituting nearly 30% of total consolidated income, underscores the company’s successful international expansion strategy through its US and Middle East entities.

Kratikal Tech appointed Dip Jung Thapa as Executive Director and approved significant capital injections into its overseas subsidiaries on August 6, 2026, signaling an accelerated push into international cybersecurity markets. The Board of Directors approved investments totaling approximately ₹15.97 crore equivalent to fund operations in the United Arab Emirates and the United States, reinforcing the company’s strategic focus on expanding its People Security Management (PSM) platform suite globally.

The appointment of Mr. Thapa, who currently serves as Chief Operating Officer, was made pursuant to Sections 149, 152, 161(1), 197 of the Companies Act, 2013. He holds a Bachelor of Technology in Mechanical Engineering from Motilal Nehru National Institute of Technology, Allahabad, and has been with the company since 2016. Mr. Thapa led the development of the company’s proprietary AAPE (Assess, Aware, Protect, Empower) framework, which underpins products including TSAT, TLMS, TDMARC, and TPIR. His term as Additional Director is valid until the ensuing Annual General Meeting, subject to shareholder approval via a Special Resolution.

Simultaneously, the Board approved material investments in two wholly owned subsidiaries to augment working capital and support business requirements. The first investment targets Threatcop FZ LLC, incorporated in Ras Al Khaimah, UAE. The company will invest a sum not exceeding AED 23,05,955 (approximately ₹5,97,00,000) through equity subscription. The indicative price is AED 1,000 per share, with the final allotment determined at the time of each tranche. This investment exceeds the 2% turnover materiality threshold under Regulation 30(4)(i)(c) of the SEBI LODR Regulations.

The second investment concerns Threatcop AI Inc., incorporated in Delaware, USA. The Board approved funding up to USD 1.05 million (approximately ₹10,00,00,000) to support operations and growth in the US market. The indicative subscription price is USD 0.10 per equity share. Like the UAE investment, this transaction meets the materiality threshold of more than 2% of turnover based on the last audited consolidated financial statements. Both investments are subject to compliance with the Foreign Exchange Management Act, 1999, and the Foreign Exchange Management (Overseas Investment) Rules, 2022.

Investment Details

Strategic Implications

The dual investments highlight Kratikal Tech’s strategy to localize its cybersecurity offerings in key high-growth regions. By injecting capital directly into wholly owned subsidiaries rather than pursuing joint ventures, the company retains full control over its intellectual property and operational standards. The allocation of nearly ₹10 crore to the US subsidiary suggests a prioritization of the North American market, likely leveraging the AI capabilities embedded in the Threatcop brand. The appointment of an internal executive like Mr. Thapa to the Board further aligns leadership with this expansion agenda, ensuring that product development insights from the PSM platform directly inform corporate strategy.

The disclosures were made under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Anmol Gupta confirmed that Mr. Thapa is not debarred from holding office and has submitted his consent in Form DIR-2 along with a declaration under Section 164 of the Companies Act, 2013.