Oneindig Technologies reported a 50% year-on-year increase in consolidated revenue to ₹710.71 crore for FY26, while net profit attributable to shareholders rose 46% to ₹60.85 crore. The company’s board of directors approved the standalone and consolidated financial results on August 26, 2026.

The Faridabad-based technology firm also announced its 10th Annual General Meeting (AGM) is scheduled for September 28, 2026. The meeting will be conducted via video conferencing or other audio-visual means.

Financial Performance

Consolidated revenue from operations grew from ₹460.14 crore in FY25 to ₹710.71 crore in FY26. Other income remained relatively stable at ₹23.41 crore. Total expenses increased to ₹624.18 crore from ₹405.73 crore, driven primarily by higher purchases of stock-in-trade and finance costs.

Profit before tax (PBT) stood at ₹88.87 crore, up from ₹55.66 crore in the previous fiscal year. After accounting for tax expenses of ₹73.33 crore, which included a significant deferred tax expense reversal compared to the prior year’s credit, profit for the year reached ₹60.81 crore. Earnings per share (EPS) rose to ₹7.56 from ₹5.22.

Standalone revenue grew 50% to ₹692.09 crore, with net profit increasing 49% to ₹62.11 crore. Standalone EPS was ₹7.72.

Balance Sheet and Cash Flow

Total consolidated assets expanded significantly to ₹835.98 crore from ₹355.28 crore as of March 31, 2025. This growth was supported by a substantial increase in non-current assets, particularly property, plant, and equipment, which rose to ₹236.75 crore from ₹15.43 crore.

Short-term borrowings increased sharply to ₹230.18 crore from ₹58.84 crore, while long-term borrowings jumped to ₹232.98 crore from ₹10.79 crore. Trade receivables also saw a notable rise, reaching ₹298.96 crore from ₹111.26 crore.

Cash flow from operating activities turned negative at -₹104.32 crore, compared to a positive ₹2.84 crore in FY25. This was largely due to increases in trade receivables and inventories. Investing activities consumed ₹260.90 crore, primarily driven by capital expenditures. Financing activities generated ₹369.03 crore, mainly from net proceeds from borrowings.

Corporate Actions

The board approved several key appointments:

• Mr. Rupinder Singh Bhatia as Secretarial Auditor for five years starting FY27.
• M/s. Tandon Brij & Co. as Internal Auditor for FY27.
• Mr. Shubham Agarwal as Chief Financial Officer.
• Mr. Ronak Jhuthawat as an Additional Independent Director, subject to shareholder approval.
• Re-appointment of Mr. Vishal Vasantrao Kokadwar as Non-Executive Director.

The company successfully completed its Initial Public Offer (IPO), raising ₹276.48 crore through the issuance of 28.8 lakh equity shares. The shares were allotted on August 4, 2026.

What the Numbers Show

The surge in revenue and profit coincides with a massive expansion in leverage and working capital requirements. While top-line growth is robust, the sharp rise in short-term borrowings (₹230.18 crore) and trade receivables (₹298.96 crore) indicates aggressive scaling. The negative operating cash flow of -₹104.32 crore suggests that current earnings are being reinvested heavily into inventory and receivables, funded by debt rather than internal cash generation.