Prizor Viztech Limited reported a 106% surge in net profit to ₹209.43 crore for the financial year ended March 31, 2026, driven by a robust 115% increase in revenue from operations to ₹1,529.88 crore. The company’s earnings per share (EPS) for the year rose to ₹19.58 from ₹10.39 in the previous year. The board approved the audited consolidated financial results at its meeting held on May 28, 2026.

The statutory auditor, M/s M B Jajodia & Associates, issued an audit report with an unmodified opinion on the financial results. The board also appointed M/s. Nikhar Agarwal & Co. as the internal auditor and M/s. Insiya Nalawala & Associates as the secretarial auditor for a period of five financial years from 2026-2027 to 2030-2031. Additionally, the board noted the resignation of Ms. Preety Priya Ghosh, a Non-Executive Independent Director, effective May 11, 2026.

A significant structural change occurred during the year as the company ceased to exercise control over its erstwhile subsidiary, Prizor Aitech India Limited. On March 30, 2026, the subsidiary increased its share capital through a preferential issue, diluting Prizor Viztech’s stake from 51% to 5%. Consequently, the company discontinued the line-by-line consolidation of the subsidiary’s financial statements from the date of loss of control. However, the operations, income, and expenses of the erstwhile subsidiary were included in the consolidated statement of profit and loss for the full financial year as the effect of operations for the intervening period was deemed immaterial.

Financial Performance

The company’s total income for FY26 stood at ₹1,531.33 crore, compared to ₹711.39 crore in the previous year. Total expenses increased to ₹1,249.24 crore from ₹574.74 crore. Profit before tax for the year doubled to ₹282.09 crore from ₹136.65 crore. For the half year ended March 31, 2026, the company reported a net profit of ₹150.26 crore on revenue of ₹1,109.74 crore.

Consolidated Financial Results (Year Ended March 31, 2026)

Balance Sheet Highlights

The company’s total assets grew to ₹1,407.64 crore as of March 31, 2026, up from ₹568.47 crore in the previous year. Shareholders' funds increased to ₹742.42 crore, bolstered by a rise in reserves and surplus to ₹557.70 crore. The company raised funds through the issuance of share warrants, with ₹76.75 crore received against share warrants during the year.

Prizor Viztech Limited has appointed M/s Insiya Nalawala and Associates as its Secretarial Auditor for a period of five financial years, spanning from 2026-27 to 2030-31. The decision was taken by the Board of Directors during a meeting held on May 28, 2026. The firm, holding Peer Review No. 5443/2024, will conduct the secretarial audit for the company during the specified tenure.

The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure is also in line with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026, which was issued on July 11, 2023, and last updated on January 30, 2026.

Details of the Appointment

The Board meeting, which commenced at 04:20 P.M. and concluded at 06:00 P.M., approved the appointment of the firm. M/s Insiya Nalawala and Associates is a firm of Company Secretaries engaged in providing services such as secretarial audit, corporate advisory, securities law compliance, and legal consulting.

Profile of the Auditor

Ms. Insiya Nalawala, the proprietor of M/s. Insiya Nalawala & Associates, is a Practicing Company Secretary and a Fellow Member of the Institute of Company Secretaries of India. She possesses experience in the fields of Company Law, Securities Law, and Labour Law.