Mindpool FY26 Net Profit Jumps 427% to ₹42.49 Lakh

1 min read     Updated on 22 May 2026, 12:59 PM
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AI Summary

Mindpool Technologies Limited announced its audited financial results for the year ended March 31, 2026, reporting a net profit of ₹42.49 lakh, a 427% increase from the previous year. Revenue from operations grew to ₹4,853.61 lakh. Additionally, the Board approved an amendment to the amalgamation scheme with S A Tech Software India Limited, incorporating an odd lot settlement mechanism.

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Mindpool Technologies Limited has reported its audited standalone financial results for the year ended March 31, 2026, recording a significant rise in profitability. The company’s net profit for the fiscal year stood at ₹42.49 lakh, a sharp increase of 427% compared to ₹8.06 lakh in the previous year. Revenue from operations grew to ₹4,853.61 lakh from ₹2,656.42 lakh in FY25. The Board of Directors approved the financial results during its meeting held on May 21, 2026.

Financial Performance

The company reported a total income of ₹4,888.88 lakh for the year ended March 31, 2026, up from ₹2,681.71 lakh in the corresponding period last year. Total expenses for the year amounted to ₹4,828.73 lakh compared to ₹2,674.87 lakh in the previous year. Basic earnings per share (EPS) increased to ₹1.00 from ₹0.19 in the prior year.

Metric Year Ended Mar 31, 2026 (Audited) Year Ended Mar 31, 2025 (Audited)
Net Sales / Income from Operations ₹4,853.61 Lakh ₹2,656.42 Lakh
Total Income ₹4,888.88 Lakh ₹2,681.71 Lakh
Total Expenses ₹4,828.73 Lakh ₹2,674.87 Lakh
Net Profit for the Period ₹42.49 Lakh ₹8.06 Lakh
Basic EPS (₹) ₹1.00 ₹0.19

Amalgamation Scheme Update

During the same meeting, the Board approved an amendment to the Scheme of Amalgamation with S A Tech Software India Limited. The amendment incorporates an odd lot settlement mechanism pursuant to a query from the National Stock Exchange (NSE). The scheme proposes a share exchange ratio of 1:2, wherein shareholders will receive one fully paid-up equity share of ₹10 each in S A Tech Software India Limited for every two shares held in Mindpool Technologies Limited. The transaction remains subject to necessary approvals from shareholders, creditors, and regulatory bodies, including the NCLT and SEBI.

Operational and Balance Sheet Highlights

As of March 31, 2026, the company's net worth stood at ₹1,341.49 lakh, compared to ₹1,299.00 lakh in the previous year. The company reported cash and cash equivalents of ₹152.20 lakh as of the reporting date. The auditors, M/s R B Sharma & Co., issued an unmodified opinion on the standalone and consolidated financial results.

Historical Stock Returns for Mindpool Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%0.0%+44.81%+306.29%

How might the 1:2 share exchange ratio in the S A Tech Software amalgamation impact minority shareholders of Mindpool Technologies, and could dissenting shareholders seek better terms through NCLT proceedings?

Given that total expenses grew nearly in proportion to revenue, what strategies could Mindpool Technologies pursue to improve its thin profit margins beyond the current ~0.87% net margin?

What is the expected timeline for NCLT and SEBI approvals for the amalgamation scheme, and how could regulatory delays affect shareholder value in both Mindpool Technologies and S A Tech Software India Limited?

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Mindpool re-appoints Uday Surpuriya as Internal Auditor

1 min read     Updated on 22 May 2026, 12:54 PM
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AI Summary

Mindpool Technologies Limited has re-appointed Mr. Uday Surpuriya as its Internal Auditor for the financial year 2026-27, effective May 21, 2026. The board approved the appointment during a meeting held on the same day. Mr. Surpuriya holds a B.Com degree and possesses around 10 years of experience in accounts and finance.

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Mindpool Technologies Limited has re-appointed Mr. Uday Surpuriya as the Internal Auditor of the company for the financial year 2026-27. The decision was approved during its board meeting held on May 21, 2026.

Mr. Uday Surpuriya is a B.Com graduate with approximately 10 years of experience in the field of Accounts & Finance. His professional background includes extensive work in maintaining Profit and Loss Accounts for various business units. He has assisted organizations in improving utilization, productivity, and cost management, as well as in generating profits.

The board meeting, which commenced at 11:00 AM IST, concluded at 12:05 PM on the same day. The disclosure regarding this appointment was made to the National Stock Exchange India Limited on the SME platform in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointment Details

The following table outlines the specifics of the re-appointment:

Sr. No. Particulars Details
1 Reason for change Re-appointment for FY 2026-27
2 Date of appointment 21st May, 2026
3 Brief profile B.Com graduate with ~10 years of experience in Accounts & Finance; expertise in P&L maintenance, cost management, and productivity.

The company confirmed that the appointment is effective immediately for the upcoming financial year.

Historical Stock Returns for Mindpool Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%0.0%+44.81%+306.29%

How might Mr. Surpuriya's re-appointment as Internal Auditor influence Mindpool Technologies' financial governance and compliance standards on the NSE SME platform going forward?

What specific cost management or productivity improvement initiatives could the Internal Auditor prioritize for Mindpool Technologies in FY 2026-27 given current market conditions?

How does the continuity of the same Internal Auditor impact investor confidence in Mindpool Technologies' financial transparency and audit quality?

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1 Year Returns:+44.81%