Olatech Solutions accepts Navneet Kakkar's resignation as CEO

Olatech Solutions accepted the resignation of Navneet Kakkar as Chief Executive Officer, effective from the close of business hours on June 25, 2026. The company disclosed that Kakkar decided to step down to pursue career opportunities outside the organization and due to personal commitments.

The resignation was submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Olatech Solutions confirmed that there are no other material reasons for the resignation beyond those stated in the letter.

Resignation Details

The company provided specific details regarding the cessation of the role in a filing to the BSE SME Platform. The following table outlines the key particulars:

Particulars	Details
Reason for change	Resignation to pursue career opportunities outside the company and due to personal commitments
Date of cessation	June 25, 2026
Brief profile	Not applicable
Disclosure of relationships	Not applicable

In his resignation letter, Kakkar stated that his personal commitments would not permit him to devote the time and attention required for the role. He also expressed gratitude to the Board and management for their support during his tenure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-3.12%	-20.43%	-64.24%	-64.03%	+47.61%

Olatech Solutions Limited's Board of Directors approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026. The statutory auditors, M/s. Sachin & Associates, issued an unmodified audit opinion on the results. The Board also appointed Mr. Prasad Manohar Nikam as Internal Auditor for F.Y. 2026-27.

Standalone Financial Performance

On a standalone basis, the company reported revenue from operations of ₹2,660.05 lakhs for the year ended March 31, 2026, compared to ₹2,104.09 lakhs in the previous year. Total revenue stood at ₹2,711.74 lakhs against ₹2,122.78 lakhs in the prior year. Net profit for the year was ₹168.76 lakhs, a decrease from ₹424.10 lakhs in the previous year. The second half of the year recorded a net loss of ₹72.36 lakhs, while the first half reported a net profit of ₹241.12 lakhs.

Metric:	H2 FY26 (Mar 31, 2026)	H1 FY26 (Sep 30, 2025)	FY26 (Year Ended Mar 31, 2026)	FY25 (Year Ended Mar 31, 2025)
Revenue from Operations (₹ Lakhs):	1,031.48	1,628.56	2,660.05	2,104.09
Total Revenue (₹ Lakhs):	1,078.18	1,633.56	2,711.74	2,122.78
Total Expenses (₹ Lakhs):	1,175.61	1,310.62	2,486.23	1,571.30
Net Profit/(Loss) (₹ Lakhs):	-72.36	241.12	168.76	424.10

Consolidated Financial Performance

On a consolidated basis, revenue from operations stood at ₹2,762.54 lakhs for the year ended March 31, 2026. Total consolidated revenue was ₹2,814.27 lakhs. After accounting for a share of loss from the associate company of ₹7.06 lakhs, the net profit transferred to reserves was ₹162.59 lakhs.

Balance Sheet and Cash Flow

The standalone balance sheet as at March 31, 2026 reflects total assets of ₹4,558.61 lakhs. Shareholders' funds stood at ₹1,992.43 lakhs, while total current liabilities increased to ₹2,294.06 lakhs. Inventories expanded to ₹1,505.20 lakhs. The standalone cash flow statement shows net cash from operating activities of ₹37.03 lakhs and net cash used in investing activities of ₹-725.15 lakhs.