Quick Heal Reports FY26 Net Loss of INR 10.93 Cr

2 min read     Updated on 23 May 2026, 12:53 PM
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Quick Heal Technologies announced its audited financial results for the quarter and year ended March 31, 2026, reporting a net loss of INR 10.93 Cr for the full year compared to a net profit of INR 5.04 Cr in the previous year. For Q4 FY26, the company recorded a net loss of INR 19.94 Cr on a standalone basis and INR 199M on a consolidated basis, with revenue declining to INR 48.73 Cr and INR 487M respectively. The Board approved the results on May 21, 2026, and the outcome was published in newspapers on May 23, 2026.

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Quick Heal Technologies has announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors approved the audited standalone and consolidated financial results at its meeting held on May 21, 2026. M S K A & Associates LLP, Statutory Auditors, issued an audit report with an unmodified opinion on the results. The company published the outcome of the board meeting in newspapers including the Financial Express and Prabhat on May 23, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company reported a revenue from operations of INR 48.73 Cr. Total income for the quarter stood at INR 52.48 Cr. The company incurred a total expense of INR 82.15 Cr, resulting in a loss before tax of INR 29.67 Cr. After accounting for a deferred tax benefit of INR 9.73 Cr, the company reported a net loss of INR 19.94 Cr for the quarter. The basic and diluted earnings per share (EPS) for the quarter were INR (3.58) and INR (3.56) respectively.

On a consolidated basis, the company reported a net loss of INR 199M for Q4, compared to a net loss of INR 33M in the same quarter of the previous year. Consolidated revenue for the quarter stood at INR 487M, against INR 651M in the year-ago period, reflecting a year-on-year decline.

For the full year ended March 31, 2026, revenue from operations was INR 261.02 Cr, compared to INR 279.53 Cr in the previous year. Total income for the year was INR 283.85 Cr. Total expenses increased to INR 304.49 Cr from INR 299.30 Cr in the prior year. The company reported a net loss of INR 10.93 Cr for the year, a decrease from the net profit of INR 5.04 Cr recorded in the previous year. The basic and diluted EPS for the year were INR (1.98) and INR (1.96) respectively.

Key Financial Metrics

The following table summarises the standalone financial performance for the quarter and year ended March 31, 2026, alongside consolidated Q4 year-on-year comparisons:

Parameter: Q4 FY26 (INR Cr) FY26 (INR Cr)
Revenue from Operations 48.73 261.02
Total Income 52.48 283.85
Total Expenses 82.15 304.49
Profit/(Loss) Before Tax (29.67) (20.64)
Net Profit/(Loss) (19.94) (10.93)
Basic EPS (3.58) (1.98)

The consolidated Q4 year-on-year performance is presented below:

Metric: Q4 FY26 Q4 FY25
Revenue INR 487M INR 651M
Net Profit/(Loss) INR (199M) INR (33M)

Management Appointments

The Board appointed Mr. Rohit Kachroo as Senior Management Personnel effective May 21, 2026. Mr. Kachroo brings over 18 years of experience in IT transformation, service delivery, and automation. He was previously associated with TopSource Worldwide as Head of Transformation & IT.

Segment Reporting

The company continues to operate as a single reportable segment, cybersecurity platform, as defined by Ind AS 108. Revenue from India for the year ended March 31, 2026, was INR 242.26 Cr, while revenue from outside India was INR 18.76 Cr.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+2.31%-6.06%-20.36%-39.67%-53.26%-30.99%

What specific turnaround strategies is Quick Heal's management planning to reverse the trend from a net profit of INR 5.04 Cr in FY25 to a net loss of INR 10.93 Cr in FY26?

Given the significant revenue decline from INR 651M to INR 487M in Q4 year-on-year, how might Quick Heal reposition its cybersecurity offerings to compete against global players like CrowdStrike and Palo Alto Networks entering the Indian market?

With international revenue accounting for only INR 18.76 Cr out of INR 261.02 Cr total, what is Quick Heal's roadmap for expanding its global footprint to reduce dependence on the domestic market?

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Quick Heal Technologies CTO Ashish Pradhan Announces Early Retirement

1 min read     Updated on 01 May 2026, 05:30 AM
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Quick Heal Technologies Limited has announced the early retirement of Chief Technology Officer Mr. Ashish Pradhan effective April 30, 2026, in compliance with SEBI regulations. The company filed comprehensive regulatory disclosures with both BSE and NSE, including Mr. Pradhan's formal retirement letter where he expressed gratitude for the service extension beyond his original retirement date of August 06, 2024.

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Quick Heal Technologies Limited has announced the early retirement of Mr. Ashish Pradhan from the position of Chief Technology Officer with effect from April 30, 2026. The company communicated this development to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015.

The disclosure was made through an official communication dated April 30, 2026, signed by Vikram Dhanani, Compliance Officer of the company. The announcement included requisite disclosures as per SEBI regulations, read with the SEBI Master Circular dated November 11, 2024.

Regulatory Filing Details

The company filed the retirement intimation under reference number QHTL/Sec/SE/2026-27/03 to both stock exchanges. The filing was addressed to the Corporate Services departments of BSE Limited (Security Code: 539678) and National Stock Exchange of India Limited (Symbol: QUICKHEAL, Series: EQ).

Retirement Disclosure

The key details of the retirement event were provided in the regulatory annexure:

Sr. No. Particulars Details
1 Name Mr. Ashish Pradhan, Chief Technology Officer
2 Reason Early Retirement
3 Date of Retirement April 30, 2026
4 Supporting Documentation Letter of early retirement enclosed

Retirement Letter

In his formal retirement letter addressed to the company management, Mr. Pradhan expressed gratitude for the extension of service granted to him beyond his original retirement date of August 06, 2024. He acknowledged the continued trust and confidence placed in him during his tenure with the company and stated that after thoughtful consideration, he believed it was the right time to step down and transition into retirement.

The retirement letter, which forms Annexure II of the regulatory filing, was dated April 30, 2026, and requested acceptance of his early retirement with immediate effect at the closure of business hours on that date. Mr. Pradhan thanked the company for the opportunities, support, and encouragement provided throughout his tenure and wished the organization continued success.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+2.31%-6.06%-20.36%-39.67%-53.26%-30.99%

Who will Quick Heal appoint as the new Chief Technology Officer and what strategic direction might they bring to the company's technology roadmap?

How might Mr. Pradhan's departure impact Quick Heal's ongoing cybersecurity product development and innovation pipeline?

Will this leadership transition affect Quick Heal's competitive positioning in the rapidly evolving cybersecurity market?

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