ROX Hi-Tech promoters declare no encumbrance on shares in FY26

1 min read     Updated on 20 Jun 2026, 04:15 PM
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ROX Hi-Tech Limited disclosed that its promoters held no encumbrances on shares during FY26, complying with SEBI regulations. Promoter Jim Rakesh submitted the declaration to the NSE on April 2, 2026, on behalf of the group including Sukanya Rakesh and Janet Rekha.

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ROX Hi-Tech Limited has confirmed that its promoters did not create any encumbrance on the company's shares during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure remains free from undisclosed charges, providing clarity to investors regarding the ownership status. The declaration was submitted to the National Stock Exchange of India Ltd. on April 2, 2026.

The filing was made by Jim Rakesh, a promoter of the company, on behalf of himself and the other promoters. The declaration confirms that neither the promoters individually nor persons acting in concert with them have made any direct or indirect encumbrance on the shares, other than those previously disclosed. This compliance is pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.

The disclosure identifies the members of the promoter group involved in the declaration. The following table outlines the promoters associated with the filing:

S.no Name of the promoter PAN
1 Jim Rakesh
2 Sukanya Rakesh
3 Janet Rekha

Copies of the declaration have been forwarded to the Audit Committee and the Company Secretary & Compliance Officer of rox hi-tech for their records. The company is headquartered at Old No. 101-B, New No. 160, Mahalingapuram Main Road, Nungambakkam, Chennai.

Historical Stock Returns for ROX Hi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%+2.87%-6.38%-28.85%-28.62%-77.21%

How will this clean shareholding structure impact ROX Hi-Tech's ability to raise capital or secure loans in the future?

Could this disclosure signal a potential strategic move, such as a merger, acquisition, or stake sale, by the promoters?

What measures is ROX Hi-Tech taking to maintain this compliance and ensure transparency in future financial years?

ROX Hi-Tech targets 20% growth in FY27, eyes AI expansion

1 min read     Updated on 19 Jun 2026, 09:11 PM
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ROX Hi-Tech reported an 11.33% increase in total income to ₹210.63 crore for FY26, with a PAT of ₹17.64 crore. Despite supply chain delays impacting Q4 margins, the company maintains an order book of ₹75 crore. Management has guided for 20% revenue growth in FY27, focusing on digital transformation, agentic AI, and cybersecurity. The newly operationalized NOC and SOC services are expected to contribute 15% of revenue in three years. Long-term targets include reaching a revenue scale of ₹500-750 crore by 2030 through strategic partnerships and acquisitions.

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[ROX Hi-Tech Limited](rox hi-tech) reported a total income of ₹210.63 crore for the financial year ended March 31, 2026, registering a year-on-year growth of 11.33%. The company’s Profit After Tax (PAT) stood at ₹17.64 crore, while EBITDA was ₹30.51 crore. For the second half of FY26, total income reached ₹99.67 crore with a PAT of ₹7.16 crore. These figures were submitted to the National Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Management, including Managing Director Mr. Jim Rakesh, provided strategic guidance during the earnings conference call held on June 15, 2026. The company is targeting 20% revenue growth in FY27, driven by digital transformation, AI-led automation, and cybersecurity services. Mr. Rakesh noted that despite supply chain delays in Q4FY26 due to global macro factors, the order book stands at ₹75 crore, requiring execution by September.

Financial Highlights FY26

Particulars FY26 (₹ Cr) FY25 (₹ Cr)
Revenues 207.92 186.51
Total Income 210.63 189.19
EBITDA 30.51 31.21
PAT 17.64 19.32
EPS 7.72 8.46

Strategic Initiatives and Guidance

The company has successfully operationalized its Network Operation Center (NOC) and Security Operation Center (SOC), onboarding 25 customers with three-year recurring contracts. Management expects this business to contribute 15% of total revenue within three years. Additionally, ROX Hi-Tech has established an agentic AI practice around SAP Joule and SS&C Blue Prism, with 8 customers currently live and 5 in production. AI solutions currently contribute 3-4% of revenue.

Looking ahead to 2030, management outlined a vision to become a ₹500 crore to ₹750 crore company, supported by inorganic acquisitions and international expansion. The company is evaluating acquisitions in the data center and technology services space to add capabilities and headcount. Partnerships with Google, IBM, and Shavit Security are expected to enhance offerings in cloud, AI, and enterprise security.

Historical Stock Returns for ROX Hi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%+2.87%-6.38%-28.85%-28.62%-77.21%

How will the company address the margin pressure indicated by the decline in EBITDA and PAT despite revenue growth?

What specific acquisition targets in the data center and technology services space is the company currently evaluating?

What is the timeline for international expansion, and which geographic markets are the primary focus?

More News on ROX Hi-Tech

1 Year Returns:-28.62%