Venu Gopal Peruri, Promoter and Managing Director of meta infotech , has acquired 16,800 equity shares through open market purchases on BSE Limited. The transactions took place over four days between June 8, 2026, and June 12, 2026, increasing his stake in the IT services company.

The acquisition represents approximately 0.09% of the paid-up equity share capital of Meta Infotech Limited. Following the purchase, Peruri's total holding stands at 1,31,91,521 shares, which constitutes 69.87% of the company's total voting capital. The shares have a face value of INR 10 each.

Acquisition Details

The shares were purchased in multiple tranches on the BSE. The breakdown of the daily acquisition is as follows:

Shareholding Pattern

The voluntary disclosure was submitted to the stock exchange in the interest of good corporate governance and transparency. The filing notes that the acquisition does not result in a change of 2% or more in the promoter's shareholding compared to the last disclosed figure, and therefore does not trigger the mandatory disclosure requirements under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The total equity share capital of Meta Infotech Limited remains INR 18,88,14,000, comprising 1,88,81,400 equity shares of INR 10 each.

Meta Infotech Limited reported a 23% year-on-year increase in revenue to ₹2,700 million for the year ended March 31, 2026, while net profit declined 24% to ₹109 million. The company achieved its highest ever full-year revenue, driven by strong execution of existing orders and robust inflow of new orders. Despite the topline growth, profitability was impacted by strategic investments and front-loading of operating expenses towards expansion into key growth markets such as Hyderabad, Chennai, Bangalore, and Delhi. The company has outlined an aspirational target to grow profit after tax by up to 4x from FY26 levels to FY29, aiming for a PAT margin increase to over 10%.

Financial Performance

For FY26, EBITDA stood at ₹180 million, a decrease of 27% from ₹246 million in the previous year. Profit after tax (PAT) for the year was ₹109 million compared to ₹143 million in FY25. In the second half of FY26 (H2FY26), revenue grew 72% to ₹599 million, while PAT decreased by 86% to ₹4 million. The Board of Directors approved the audited financial results on May 27, 2026, confirming compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Investments and Growth

The company onboarded 12 new cybersecurity vendors during FY26, expanding its portfolio to include AI security, microsegmentation, patch management, OT security, and post-quantum cryptography. Employee strength increased from 265 as of March 2025 to 309 as of March 2026, with the proportion of experienced employees possessing core technical expertise rising from approximately 50% to 90%. The company also onboarded four seasoned senior professionals to support its next phase of growth. Management stated that services contributed 75% of FY26 earnings before interest and tax, reflecting a strategic shift towards higher-margin offerings.

Order Book and Outlook

The outstanding order book stood at ₹5,060 million as of March 31, 2026, representing approximately 1.9 times the FY26 revenue. This provides strong revenue visibility for the future. The company added 18 new clients during the year across sectors including healthcare, telecom, banking, financial services, and manufacturing. Mr. Venu Gopal Peruri, Chairman and Managing Director, attributed the strong topline performance to deep customer trust and robust recurring revenues. He expressed confidence in sustaining growth given the strong order pipeline and expanding cybersecurity landscape, targeting a 4x growth in PAT by FY29.