NINtec Systems Limited has secured a EUR 1.10 million contract through its wholly-owned subsidiary, NINtec Systems B.V., to act as a strategic technology partner for a Finland-based AI company. The engagement, valued at approximately EUR 1.10 million (~Rs. 12.10 Cr), involves supporting the client's AI platform, integrations, and overall technology operations. This contract reinforces the company's positioning in the AI sector and contributes to its consolidated order book.

The contract was executed with a Finnish-based entity by NINtec Systems B.V., Netherlands. The agreement is perpetual in nature and falls outside the scope of related party transactions, with no interest declared by the promoter or promoter group. The client is a fast-growing platform building autonomous chatbots and AI agents for enterprises across sectors such as automotive, education, public sector, and professional services.

Key Details of the Engagement

The company stated that this mandate is one of several AI-led engagements being closed as it executes its AI-first strategy. Management highlighted a healthy pipeline of similar opportunities at advanced stages across geographies. The client's product suite includes AI Chatbots, AI Agents, embedded conversion engines, and conversation-analytics engines, integrating with CRM, ERP, and backend systems.

Strategic Significance

This engagement underscores NINtec's role as a technology partner for AI-driven businesses. The company noted that its engineering depth across AI, Generative AI, and intelligent automation is increasingly relevant as enterprises build AI platforms. The addition of this contract aims to build long-term, durable revenue and enhance the company's track record as a technology backbone for AI-native businesses.

Nintec Systems reported a 21.6% rise in consolidated net profit to ₹32.01 crore for the financial year ended March 31, 2026, compared to ₹26.32 crore in the previous year. Revenue from operations increased 21.7% to ₹170.17 crore from ₹139.80 crore in FY25. The company's Board approved the audited financial results at a meeting held on May 27, 2026. Samir M. Shah and Associates, Statutory Auditor, issued an unmodified opinion on the annual audited standalone and consolidated financial statements. The company published a newspaper advertisement in the Financial Express on May 28, 2026, regarding these results under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Financial Performance

The company's total comprehensive income for the year rose to ₹32.08 crore from ₹26.39 crore in the prior year. Earnings per share (EPS) for the year increased to ₹17.23 from ₹14.17. The financial results include the performance of its subsidiary, Nintec Systems B.V. (Netherlands). EBITDA for the year surged 32.8% to ₹43.64 crore, with the margin expanding 210 basis points to 25.6%. The following table summarises the key consolidated annual metrics:

Operational Leverage

Revenue grew 21.7% and EBITDA grew 32.8%, while employee cost rose just 8.2%. Revenue growth significantly outpaced employee-cost growth, expanding EBITDA margin to 25.6% as AI is embedded across delivery. The company reported a Return on Capital Employed (ROCE) of 55% and a near debt-free balance sheet with a Debt/Equity ratio of 0.02x.

Q4 Performance

For the quarter ended March 31, 2026, Nintec Systems delivered a strong performance across key profitability metrics. Consolidated net profit for the quarter stood at ₹8.74 crore, while revenue for the quarter came in at ₹46.37 crore compared to ₹37.85 crore in the year-ago period. Notably, EBITDA for the quarter surged to ₹13.90 crore from ₹8.30 crore year-on-year, with the EBITDA margin expanding significantly to 30% from 22% in the same period last year.

Standalone Results

On a standalone basis, Nintec Systems reported a net profit of ₹27.80 crore for FY26, an increase from ₹23.31 crore in FY25. Revenue from operations for the year stood at ₹101.70 crore, compared to ₹85.85 crore in the previous year. For the quarter ended March 31, 2026, standalone net profit was ₹7.74 crore.

Board Decisions

The Board approved the appointment of Ms. Zalak Chokshi as the Internal Auditor of the company for the financial year 2026-27, based on the recommendation of the Audit Committee. The appointment is effective from May 27, 2026.