ROX Hi-Tech Limited reported a 22.83% year-on-year revenue growth to ₹56.50 crore in the quarter ended June 30, 2026 (Q1FY27), signaling robust enterprise demand for its AI-led digital transformation solutions. This performance underscores the company’s expanding footprint in India’s digital infrastructure landscape, where enterprises are increasingly prioritizing cloud adoption, cybersecurity, and artificial intelligence. The revenue jump reflects successful execution across key verticals including Intelligent Workspace, Enterprise Infrastructure, and Hybrid Datacenter services.

The disclosure was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on July 31, 2026. The business update highlights that the company’s financial figures are management estimates subject to final audit adjustments. ROX Hi-Tech, formerly known as ROX Trading and Systems Pvt. Ltd., continues to leverage its two-decade experience to modernize IT infrastructure for over 350 customers across diverse sectors such as Banking, BFSI, Manufacturing, Education, and Automotive.

Order Book Expansion

A significant driver of future visibility is the company’s strengthened order pipeline. During Q1FY27, ROX Hi-Tech secured new orders worth approximately ₹45 crore. These wins were distributed across AI Automation Applications, Hybrid Datacenter projects, Cloud Computing & Migration, Intelligent Workspace Solutions, and Network & Cybersecurity initiatives. Consequently, the total order book stood at ₹92 crore as of June 2026, providing a solid foundation for revenue realization in subsequent quarters.

Strategic Positioning

ROX Hi-Tech operates through six integrated technology verticals, supported by strategic partnerships with global technology leaders including IBM, Cisco, SAP, Google, and SS&C BluePrism. The company’s workforce of over 150 employees holds more than 170 technology certifications, enabling it to deliver complex Edge-to-AI solutions. Its global presence spans India, North America, Denmark, Mauritius, and Singapore, allowing it to serve multinational enterprises effectively.

What the Numbers Show

The simultaneous rise in revenue by 22.83% and the addition of ₹45 crore in new orders suggests a positive correlation between current delivery capabilities and future demand generation. The order book of ₹92 crore is significantly larger than the single-quarter revenue of ₹56.50 crore, indicating that the company has sufficient pipeline coverage to sustain growth momentum into H2FY27 without immediate pressure to acquire new business at an accelerated pace. This balance between top-line growth and order accumulation points to stable operational execution rather than sporadic large-ticket wins.

Outlook

Management notes that India’s digital transformation landscape continues to witness strong momentum, driven by increasing enterprise technology investments in cloud adoption, AI, cybersecurity, and data modernization. Backed by its diversified technology portfolio and strategic global partnerships, ROX Hi-Tech aims to capitalize on these long-term opportunities. The company remains focused on expanding its AI-led capabilities and strengthening customer relationships to deliver sustainable value to stakeholders.

Rox Hi-Tech has scheduled an Extraordinary General Meeting (EGM) for August 21, 2026, to seek shareholder approval for a preferential allotment of equity shares and fully convertible warrants (FCWs). The move aims to raise up to ₹18.01 crore from public category investors, strengthening the company’s capital base for new business initiatives and working capital requirements.

The Board of Directors, in its meeting on July 25, 2026, approved the issuance of up to 20,00,000 equity shares and 25,00,000 FCWs at a uniform price of ₹40.03 per security. The equity shares will be allotted for cash, while the FCWs are convertible into equity shares within 18 months. The issue price was determined based on the volume-weighted average price (VWAP) over the preceding 10 trading days and validated by an independent registered valuer, Corporate Professionals Valuation Services Private Limited.

Issue Structure and Allottees

The preferential issue is divided into two components: equity shares and fully convertible warrants. The equity component amounts to ₹8,00,60,000, while the warrant component totals ₹10,00,75,000. All proposed allottees belong to the "Public" category, ensuring no dilution in promoter control.

Key allottees include Amit R Agarwal, who is set to receive 6,00,000 equity shares and 3,00,000 warrants, and Amit Agarwal HUF, which is allocated 9,00,000 warrants. Other notable participants include Resource Vincom Private Limited and Avora SME Fund 1.

Utilization of Proceeds

The company intends to deploy the raised funds across three primary areas. Approximately ₹9.01 crore will be infused into new business initiatives, while ₹4.50 crore each will be allocated for working capital requirements and general corporate purposes. The utilization timeline extends until September 30, 2028. Pending deployment, gross proceeds will be deposited in scheduled commercial banks as per Reserve Bank of India guidelines.

Regulatory Compliance and Lock-in

Pursuant to Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the company is exempt from appointing a monitoring agency since the issue size does not exceed ₹100 crore. However, all securities issued under this scheme will be subject to lock-in periods as prescribed by SEBI ICDR Regulations. Additionally, any pre-existing shareholding of the allottees will also be locked in.

What the Numbers Show

The preferential issue results in significant dilution for existing shareholders if all warrants are converted. On a fully diluted basis, including outstanding ESOPs, the promoter shareholding will decrease from 58.76% to approximately 53.47%. Despite this dilution, promoters retain controlling interest, maintaining stability in management structure. The issue price of ₹40.03 reflects a premium over the face value of ₹10, indicating investor confidence in the company’s future growth prospects.