Nanta Tech Limited Signs Letter of Intent with Connplex Cinemas for 100-Robot RaaS Deployment Worth ₹14.40 Crore

2 min read     Updated on 08 Jun 2026, 03:44 PM
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AI Summary

Nanta Tech Limited has signed a Letter of Intent with Connplex Cinemas on 8th June 2026 for a Robot-as-a-Service engagement covering 100 Allbotix AT10 Marketing & Delivery Robots across Connplex's cinema network. The indicative total contract value is ₹14.40 Crore (excluding GST) over a 36-month tenure, with a monthly RaaS fee of ₹40,000 per robot per month. Deployment is planned in 10 phases of 10 units each, commencing June 2026, with a run-rate of ₹40,00,000 per month at full deployment. Nanta Tech retains full ownership of all hardware, software, AI models, and intellectual property under the subscription-based model.

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Nanta Tech Limited has executed a Letter of Intent (LOI) with Connplex Cinemas for a long-term Robot-as-a-Service (RaaS) engagement involving the deployment and operation of 100 Allbotix AT10 Marketing & Delivery Robots across Connplex's cinema network. The announcement was made on 8th June 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, incorporated in June 2023 and headquartered in Ahmedabad, Gujarat, operates through two core verticals: Audio-Visual (AV) and Robotics.

Engagement Structure and Ownership Terms

Under the RaaS model, Nanta Tech will manufacture, supply, deploy, and operate the Allbotix AT10 robots as a fully managed service. Full ownership of all hardware, embedded software, AI models, branding, and underlying intellectual property shall at all times remain with Nanta Tech Limited. Connplex Cinemas will avail service usage rights on a subscription basis, with no capital expenditure obligation on its part.

Key Commercial Terms

The following table outlines the key commercial parameters of the engagement:

Parameter: Details
Robot Model: Allbotix AT10 - Marketing & Delivery Robot
Total Units: 100 (One Hundred) Robots
Service Model: Robot-as-a-Service (RaaS) - Service Subscription Only
Deployment Plan: 10 Phases × 10 Units; one batch p.m commencing June 2026
Monthly RaaS Fee: ₹40,000 per robot per month
Contract Tenure: 36 months from go-live of each unit
Run-rate at Full Deployment: ₹40,00,000 per month
Indicative Total Contract Value: ₹14,40,00,000 (₹14.40 Crore) excl. GST
Payment Terms: Quarterly Advance - 3 months' fees for all deployed units, payable by 1st of each calendar quarter
Quarterly Advance at Full Deployment: ₹1,20,00,000 per quarter

Note: The deployment schedule is indicative. Final dates will be confirmed in the definitive Master Service Agreement (MSA) and Purchase Order (PO). Initial deployment activities may commence in parallel based on mutual written consent.

Management Commentary

Commenting on the development, Mr. Mayank Jani, Managing Director of Nanta Tech Limited, said: "This Letter of Intent with Connplex Cinemas marks a significant step in our RaaS commercialisation journey and validates the scalability of the Allbotix platform in high-footfall customer environments. The proposed deployment of 100 Allbotix AT10 robots reinforces the growing acceptance of our zero-capex, subscription-based model, under which Nanta Tech retains full ownership of the hardware, software, and IP. The engagement also provides strong revenue visibility and strengthens our recurring revenue base. We look forward to executing the definitive agreements and commencing Phase 1 deployment in line with the agreed timeline."

About Nanta Tech Limited

Incorporated in June 2023, Nanta Tech Limited is an integrated technology solutions company operating through two core verticals: Audio-Visual (AV) and Robotics. The AV vertical encompasses AV integration services, along with product deployment and support, while the Robotics vertical focuses on service robotics solutions, complemented by software and AI-driven capabilities. The company provides end-to-end AV solutions including design, supply, installation, commissioning, and annual maintenance, primarily catering to B2B clients across corporate, education, hospitality, and manufacturing sectors. Through its ALLBOTIX brand, Nanta Tech delivers customized service robots for cleaning, delivery, greeting, and logistics applications, supported by in-house software development, automation, and AI capabilities.

Historical Stock Returns for Nanta Tech

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+21.45%+1.12%+66.87%+66.87%+66.87%

How will Nanta Tech manage the working capital requirements to fund the manufacturing of 100 robots upfront given the quarterly advance payment structure?

Does this LOI with Connplex Cinemas serve as a blueprint for similar RaaS agreements in other high-footfall sectors like airports or retail malls?

What are the potential maintenance and operational costs associated with managing a fleet of 100 robots, and how might they impact net margins?

Nanta Tech uploads audio recording of FY26 earnings call

0 min read     Updated on 05 Jun 2026, 06:24 PM
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Reviewed by
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AI Summary

Nanta Tech Limited has released the audio recording of the earnings call conducted on June 5, 2026, covering the half-year and full-year results ended March 31, 2026. The recording, uploaded pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, is available on the company's website for investors and analysts.

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Nanta Tech Limited has uploaded the audio recording of its earnings conference call held on June 5, 2026, to discuss the audited financial results for the half-year and the year ended March 31, 2026. The recording is now available on the company's website, providing investors and analysts access to the management's commentary on operational and financial performance for H2 and FY26.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The earnings call was originally scheduled to facilitate a review of the company's results.

Access Details

Resource Link
Audio Recording https://nantatech.com/investors/financial

The session was led by Mayank Jani, Managing Director of the company. Investors interested in the detailed discussion can access the full recording using the provided link.

Historical Stock Returns for Nanta Tech

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+21.45%+1.12%+66.87%+66.87%+66.87%

What strategic initiatives did management outline to drive growth in the upcoming fiscal year?

How does Nanta Tech plan to navigate current market challenges based on their FY26 performance?

What are the key financial metrics investors should monitor in the next earnings report?

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1 Year Returns:+66.87%