Logica Infoway Limited submitted an Investor Presentation on its audited financial results for the half year and full year ended March 31, 2026, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and signed by Company Secretary and Compliance Officer Priyanka Gera on May 18, 2026. The presentation confirmed FY26 as the highest-ever revenue, EBITDA, and profitability year in the company's three-decade operating history, with full-year revenue growth of 17.6% comfortably ahead of the 12–16% guidance issued at the start of the year. This performance was delivered against a backdrop of industry-wide challenges, including a contraction in Indian smartphone shipments and pricing pressure in the consumer-tech distribution market.

Financial Performance Highlights

For the financial year ended March 31, 2026, Revenue from Operations stood at ₹13,157 Mn, a 17.6% increase over ₹11,192 Mn in FY25. Profit after Tax (PAT) rose 34.8% year-on-year to ₹141.80 Mn from ₹105.20 Mn in the previous year, with Earnings Per Share (EPS) expanding to ₹7.97 from ₹6.12. EBITDA grew 29.5% YoY to ₹305.60 Mn from ₹236 Mn in FY25. The company's gross margin for the full year improved by 28 basis points to 5.91%. PAT margin expanded 14 bps YoY to 1.08% (FY25: 0.94%), reflecting operating leverage flowing through despite higher finance costs.

Segmental Performance

Retail emerged as the primary growth engine, scaling 60.1% YoY to ₹2,780 Mn in FY26 and representing 21% of total revenue, up from 16% in FY25. The company added 24 net new stores during the year, taking the total Company-Owned-Company-Operated (COCO) store count to 77 as of March 31, 2026, spanning 38,125 sq. ft. across 4 states. The Distribution franchise recorded ₹5,400 Mn (+6.1% YoY), supported by new Tier-I mandates including Samsung Notebooks across West Bengal, Delhi-NCR, UP and Haryana, and exclusive Infinix distribution in Gurgaon. E-Commerce contributed ₹3,295 Mn (+15.9% YoY), while the Export franchise was re-engaged selectively, generating ₹1,720 Mn (+16.3% YoY).

Key Financial Ratios and 5-Year Track Record

The investor presentation also disclosed key financial ratios and a five-year performance track record. Return on Equity (ROE) improved to 13.9% in FY26 from 12.0% in FY25, while Return on Capital Employed (ROCE) stood at 10.3% in FY26. The Debt/Equity ratio was 1.8x in FY26. On a five-year basis, EBITDA has compounded at a CAGR of 43.6% and PAT at a CAGR of 54.2% from FY22 to FY26, with PAT compounding approximately 2.5x faster than revenue over the same period.

The working capital cycle extended to 62 days in FY26 from 53 days in FY25, reflecting higher inventory days (37 vs. 32) and receivable days (41 vs. 37) as the retail network expanded, partially offset by stable payable days of 16. The sector-wise revenue contribution for FY26 stood at Distribution (41%), E-Commerce (25%), Retail (21%), and Export (13%).

Management Commentary

Commenting on the performance, Gaurav Goel, Chairman cum Managing Director of Logica Infoway, stated: "FY26 marks the best year in Logica's three-decade history — highest-ever revenue at ₹13,157 Mn (+17.6% YoY), EBITDA at ₹306 Mn (+29.5% YoY) and PAT at ₹142 Mn (+35.0% YoY) — comfortably ahead of the 12–16% revenue guidance we issued at the start of the year. Critically, our full-year gross margin expanded 28 bps to 5.91%, with H2 FY26 delivering 6.30% — the highest half-yearly gross margin in our history — a direct outcome of the deliberate mix shift toward higher-margin retail and curated e-commerce. We added 24 net new stores during the year, taking our COCO network from 53 to 77 stores and retail space from ~24,500 sq. ft. to over 38,000 sq. ft. Distribution was strengthened by the new Tier-I Samsung Notebooks mandate across West Bengal, Delhi-NCR, UP and Haryana, and the exclusive Infinix distribution in Gurgaon. Our migration from Tally to SAP Business One in April 2025 is already translating into tighter inventory control and sharper procurement. Looking ahead, we aim to scale our store network to 100+ stores by the close of FY27, with continued focus on omni-channel retail expansion, deeper brand partnerships, and disciplined execution. The medium-term ambition of building a 500-store omni-channel network across urban and Tier-II catchments remains firmly intact."

Shareholding Pattern

As at March 31, 2026, the total paid-up equity stood at 17,797,614 shares (₹178 Mn at ₹10 face value). Promoter holding stood at 70.96%, diluted from 73.59% (March 2025) via a preferential issue, with no promoter pledge. Public holding stood at 29.04%, with no FII, DII, or mutual fund holding reported. Locked-in shares declined from 41.59% (September 2025) to 0.34% (March 2026) on expiry of the statutory lock-in period.

Strategic Outlook

Looking ahead to FY 2026-27, Logica expects to sustain double-digit revenue growth driven by continued retail network expansion, targeting 100+ stores and retail space exceeding 50,000 sq. ft. by the close of FY27. The company anticipates retail revenue growth of more than 50%, while Distribution and E-Commerce are projected to grow at high-single digits. EBITDA margin is targeted in the 2.0–3.0% range for FY27, driven by the maturing of the FY26 store cohort, continued retail mix expansion, and SAP-enabled inventory and procurement gains. Over the medium term, the company aims to build a 500-store omni-channel network across urban and Tier-II catchments. The Board has not recommended any dividend for the year under review.

Source: Company/INE0BSU01018/0f083c8e-ec17-4917-bbc1-009651b90e2a.pdf

Logica Infoway Limited has filed its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate submission demonstrates the company's adherence to regulatory requirements for dematerialization procedures and depositories management.

Regulatory Filing Details

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited on April 13, 2026. The filing covers the period from January 1, 2026 to March 31, 2026.

Registrar Confirmation

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent, issued the confirmation certificate on April 9, 2026. The registrar confirmed compliance with all dematerialization procedures during the specified quarter.

The certificate confirms that KFin Technologies Limited has:

• Processed demat requests within 15 days of receipt from depository participants
• Confirmed securities listing status to depositories
• Properly mutilated and cancelled physical certificates after verification
• Updated the register of members with depository names as registered owners for approved requests

Company Secretary Certification

Priyanka Gera, Company Secretary and Compliance Officer, signed the submission on behalf of Logica Infoway Limited. The digital signature was applied on April 13, 2026, ensuring proper authorization and compliance with filing requirements.

Compliance Framework

The quarterly certificate filing is part of SEBI's regulatory framework to ensure proper functioning of the depository system. The regulation requires companies to confirm their compliance with dematerialization procedures and maintain transparency in securities handling processes.