Paramatrix reclassifies short-term borrowings in FY26 cash flow statement

2 min read     Updated on 16 Jun 2026, 05:02 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Paramatrix Technologies Limited revised its FY26 financial results to reclassify ₹94.22 lakhs of short-term borrowings from operating to financing activities. The adjustment is a presentation change with no impact on profit or net worth. Standalone net profit for the year was ₹129.80 lakhs, while consolidated profit stood at ₹260.84 lakhs.

powered bylight_fuzz_icon
43155105

*this image is generated using AI for illustrative purposes only.

Paramatrix Technologies Limited has revised its audited standalone and consolidated financial results for the year ended March 31, 2026, following the identification of a classification error in the cash flow statement. The company reclassified short-term borrowings amounting to ₹94.22 lakhs from cash flows from operating activities to cash flows from financing activities to appropriately reflect the nature of the transaction. This adjustment is solely a presentation change and does not affect the net profit, total assets, liabilities, equity, or net worth of the company.

The Board of Directors of Paramatrix Technologies approved the revised financial results on May 22, 2026. The statutory auditors, E. A. Patil & Associates LLP, confirmed that the reclassification does not result in any modification to their audit opinion issued on May 22, 2026. The auditors clarified that the adjustment does not impact the statement of profit and loss, balance sheet, earnings per share, or any other financial ratios.

For the financial year ended March 31, 2026, the company reported a standalone net profit of ₹129.80 lakhs, a decrease from ₹400.78 lakhs in the previous year. Total standalone income for the year stood at ₹2548.87 lakhs, compared to ₹2354.67 lakhs in FY25. On a consolidated basis, the profit attributable to the owners of the company was ₹260.84 lakhs for FY26, down from ₹575.54 lakhs in the prior year, with total consolidated income rising to ₹3256.84 lakhs from ₹3132.69 lakhs.

The revision specifically altered the net cash flow from operating activities, which was restated to ₹228.17 lakhs in the standalone results and ₹598.50 lakhs in the consolidated results for FY26. Correspondingly, the net cash flow from financing activities was adjusted to ₹727.47 lakhs in both standalone and consolidated statements. The company's cash and cash equivalents at the end of the period were reported at ₹2088.94 lakhs on a standalone basis and ₹3170.89 lakhs on a consolidated basis.

Standalone Financial Results for FY26

Particulars For the Year Ended March 31, 2026 (₹ in Lakhs) For the Year Ended March 31, 2025 (₹ in Lakhs)
Total Income 2548.87 2354.67
Total Expenses 2419.07 1953.20
Profit for the Period 129.80 400.78
Earnings Per Share (Basic) 1.17 3.88

Consolidated Financial Results for FY26

Particulars For the Year Ended March 31, 2026 (₹ in Lakhs) For the Year Ended March 31, 2025 (₹ in Lakhs)
Total Income 3256.84 3132.69
Total Expenses 2964.13 2419.29
Profit for the Period 260.84 575.54
Earnings Per Share (Basic) 2.34 5.57

The company also noted an exceptional item of ₹26.61 lakhs during the period, recognized due to the implementation of new Labour Codes notified by the Government of India effective November 21, 2025. This amount pertains to the unrecognised past service cost for employee benefits.

Historical Stock Returns for Paramatrix Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.81%-4.62%-20.82%-31.11%-48.68%

What specific measures is Paramatrix Technologies implementing to reverse the significant decline in net profit year-over-year?

How will the implementation of the new Labour Codes impact the company's operational expenses going forward?

Does the company anticipate further restatements or internal control enhancements following this cash flow classification error?

Paramatrix Technologies
View Company Insights
View All News
like16
dislike

Paramatrix Technologies increases stake in Metasys to 76%

1 min read     Updated on 12 Jun 2026, 09:40 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Paramatrix Technologies has acquired an additional 25% stake in Metasys Software Private Limited for ₹3.52 crore, increasing its total shareholding to 76%. The transaction, executed under a Share Purchase Agreement dated December 3, 2025, was completed on June 10, 2026, as the second tranche of a phased acquisition. Metasys, which became a subsidiary in January 2026, reported a turnover of ₹1,328.73 Lakhs for FY 2025-26.

powered bylight_fuzz_icon
42690773

*this image is generated using AI for illustrative purposes only.

Paramatrix Technologies has acquired an additional 25% equity stake in Metasys Software Private Limited for ₹3.52 crore, increasing its total shareholding to 76%. The transaction, completed on June 10, 2026, marks the second tranche of a strategic acquisition aimed at expanding the company's operational footprint domestically and internationally. This move is expected to enhance market presence across key global regions by leveraging Metasys's existing client base and domain expertise.

The acquisition was executed under a Share Purchase Agreement dated December 3, 2025, with the transaction set to be completed in three tranches over one year. The first tranche was completed on January 21, 2026, bringing the initial stake to 51%. Following the completion of the first tranche, Metasys became a subsidiary of Paramatrix. The consideration for the second tranche was paid in cash. No governmental or regulatory approvals were required for this transaction, and it does not qualify as a related party transaction.

Metasys Software Private Limited, incorporated on October 16, 1996, operates in the Information Technology sector. The entity specializes in custom application development using technologies such as Microsoft Dot Net, FileMaker, iOS, PHP, and React-based technologies. Its client base is primarily located in North America, Europe, and South-East Asia.

The financial performance of Metasys shows consistent growth over the past three years. The company reported a turnover of ₹1,328.73 Lakhs for FY 2025-26, up from ₹1,263.43 Lakhs in FY 2024-25 and ₹1,171.14 Lakhs in FY 2023-24. Paramatrix expects the acquisition to contribute significantly to revenue growth by adding stable recurring business and strengthening service offerings.

Metasys Software Financial Overview

Financial Year Turnover (₹ in Lakhs)
FY 2025-26 1,328.73
FY 2024-25 1,263.43
FY 2023-24 1,171.14

Key Transaction Details

Parameter Details
Target Entity Metasys Software Private Limited
Stake Acquired 25%
Total Consideration ₹3.52 crore
Aggregate Shareholding Post-Acquisition 76%
Mode of Payment Cash

Historical Stock Returns for Paramatrix Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.81%-4.62%-20.82%-31.11%-48.68%

How does Paramatrix plan to finance the final tranche of the acquisition, and what is the expected timeline for completion?

What specific operational synergies does Paramatrix expect to realize by integrating Metasys's North American and European client base?

Will the consolidation of Metasys lead to any restructuring of the combined workforce or changes in leadership roles?

Paramatrix Technologies
View Company Insights
View All News
like15
dislike

More News on Paramatrix Technologies

1 Year Returns:-31.11%