KS Smart Technologies ' wholly-owned subsidiary, KS Smart Solutions Private Limited, has secured a significant order worth approximately ₹111.35 crore from U.P. Development Systems Corporation Limited (UPDESCO) to establish a large-scale Digital Libraries Infrastructure Project across Uttar Pradesh. This strategic win is expected to strengthen the company's position in the Digital Infrastructure and e-Governance sector while augmenting its order book. The project aims to enhance digital access and technology-enabled learning in rural areas through digitally connected library facilities.

The scope of the turnkey project encompasses the design, deployment, installation, commissioning, networking, and operationalization of integrated digital library infrastructure. This includes the supply of computing systems, digital access devices, smart display solutions, surveillance, and connectivity infrastructure, along with comprehensive onsite warranty and support services. The contract is domestic in nature and falls outside the scope of related-party transactions.

Project Details and Implementation

The implementation schedule targets completion by October 2026, as stipulated in the Letter of Intent and the definitive agreement to be executed. The project covers 11,350 locations across various Gram Panchayats in the state. The infrastructure setup requires substantial hardware deployment to ensure operational readiness across these sites.

The aggregate contract value of ₹111.35 crore is inclusive of applicable taxes and duties. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the order.

KS Smart Technologies has approved its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors, meeting on May 23, 2026, also approved the re-appointment of M/s Pavan Reddy & Associates as Internal Auditor and the appointment of M/s Sharp and Tannan, Chartered Accountants, as Statutory Auditors.

Full-Year Consolidated Performance

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹7,433.01 lakh, compared to ₹2,014.44 lakh in the previous year. Total consolidated income for the year stood at ₹1,32,488.09 lakh, a significant increase from ₹69,657.99 lakh in the prior year. The company noted that the consolidated financial results include the financials of subsidiaries such as KS Smart Solutions Private Limited, effective from October 6, 2025, following a reverse acquisition transaction.

The following table summarises the key consolidated financial metrics for the full year:

Q4 Consolidated Highlights

KS Smart Technologies delivered a strong performance in the quarter ended March 31, 2026, with key metrics showing sharp year-on-year growth. The Q4 consolidated net profit rose to 566M rupees from 171M rupees in the same quarter of the previous year. Revenue for the quarter surged to 8.2B rupees compared to 1.9B rupees year-on-year. EBITDA for the quarter stood at 806M rupees versus 318M rupees in the corresponding prior-year period, while the EBITDA margin came in at 9.89% compared to 17.08% year-on-year.

The table below presents the Q4 year-on-year comparison:

Standalone Performance and Auditor Appointments

On a standalone basis, the company reported a net loss of ₹32.28 lakh for the year ended March 31, 2026, compared to a net loss of ₹19.44 lakh in the previous year. Total standalone income for the year was ₹205.63 lakh. The statutory auditors issued an unmodified opinion on both the standalone and consolidated financial results. The trading window for dealing in the company's securities, which was closed from April 1, 2026, will reopen 48 hours after the dissemination of the audited financial results.