Quadrant Future Tek Ltd has confirmed that its promoters, promoter group, and persons acting in concert (PAC) did not create any encumbrance on their shares during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure remains free from pledged assets, providing stability to the company's equity base. The declaration was submitted to the National Stock Exchange of India Ltd and BSE Limited on April 03, 2026.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mohit Vohra, Promoter and Managing Director, authorized the submission on behalf of the co-promoters and the promoter group. The declaration explicitly states that no shares were encumbered directly or indirectly by the specified entities throughout the financial year.

Promoter and Group Details

The disclosure provides a comprehensive list of individuals and entities falling under the promoter and promoter group categories. The list excludes PAN details but categorizes each member to clarify their relationship with the company.

Promoters

Promoter Group Entities

The promoter group comprises a wider network of 57 additional members, including individuals and corporate entities. Key corporate entities listed include MV Mobility Limited, MV Electrosystems Limited, Iboard India Private Limited, and MV Greentech Private Limited. Other entities such as Prime Electronics, Property 24x7, and Four Square Buildcon are also classified under the promoter group category.

Quadrant Future Tek Limited reported a net loss of ₹429.42 million for the financial year ended March 31, 2026, widening from a loss of ₹196.75 million in the previous year. Revenue from operations for the year increased to ₹1,529.67 million from ₹1,506.12 million in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 27, 2026. The company published the audited financial results in newspapers, Business Standard (English) and AJ DI Awaaz (Punjabi), on May 29, 2026, pursuant to Regulation 30 and 47 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's statutory auditors, M/s. Sanmarks & Associates, issued an unmodified opinion on the financial results. However, the auditors drew attention to an emphasis of matter, noting that the company incurred a cash loss of ₹310.22 million during the year. This indicates that operational revenues were insufficient to meet operational cash expenditures, representing an aggravation of the financial position compared to the previous year where financial loss was absorbed by non-cash charges.

Quarterly Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹11.41 million, compared to a profit of ₹15.80 million in the same quarter of the previous year. Revenue for the quarter stood at ₹565.57 million, declining from ₹585 million in the corresponding quarter of the prior year. EBITDA for the quarter swung to a loss of ₹58 million, compared to a gain of ₹12 million in the same period last year, reflecting increased pressure on operating profitability. The board also re-appointed M/s. Anand Narang & Associates, Chartered Accountants, as internal auditors for the financial year 2026-27 based on the Audit Committee's recommendation.

The table below summarises the key quarterly metrics on a year-on-year basis:

Financial Performance for FY26

The full-year financial results reflect a significant deterioration in profitability, driven by rising total expenses. Total expenses for the year increased to ₹2,140.78 million from ₹1,791.48 million in the prior year, outpacing the modest growth in revenues. The following table presents the key annual financial metrics:

Segment Performance

The company operates in two reportable segments: Cable Division and TCS Division (Train Collision Avoidance System). The Cable Division reported a segment profit before exceptional items of ₹44.94 million for the year, while the TCS Division reported a loss of ₹602.27 million. The TCS division's performance significantly impacted the overall profitability, with the division incurring losses across interest, depreciation, and operational costs.

The trading window for designated persons and their immediate relatives remains closed since April 1, 2026, in accordance with the company's Code of Conduct for Prevention of Insider Trading. The window will reopen 48 hours after the declaration of financial results.