SoftTech launches AI-powered CivitTWIN with BMC

1 min read     Updated on 02 Jun 2026, 02:57 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

SoftTech Engineers Limited has launched CivitTWIN, India's first AI-powered Digital Approval Twin for building permits, in collaboration with the Brihanmumbai Municipal Corporation (BMC). The platform, launched by the Chief Minister of Maharashtra, aims to streamline the regulatory approval process by allowing real-time simulation and rectification of building plans. Key benefits include a 60% reduction in proposal rejections and a 70% improvement in data consistency, powered by 12 specialized AI Agents.

powered bylight_fuzz_icon
41866474

*this image is generated using AI for illustrative purposes only.

SoftTech Engineers has launched CivitTWIN, India's first AI-powered Digital Approval Twin for building permits, developed in collaboration with the Brihanmumbai Municipal Corporation (BMC). The platform was officially launched by the Hon. Chief Minister of Maharashtra, Shri Devendra Fadnavis, at the Tech Week event in Mumbai. This solution aims to transform the regulatory approval process by enabling architects and applicants to simulate and rectify building plans in real time before formal submission.

The BMC evaluates over 8,000 complex building proposals annually, covering more than 40 lakh square meters of approved built-up area. The existing process required applicants to complete 450+ manual form inputs, coordinate across 25+ independent NOC departments, and validate over 60 distinct documents. CivitTWIN addresses these challenges by providing a digital rehearsal of the entire regulatory journey, powered by 12 specialized AI Agents across Creation, Review, and Submission workflows.

Key Benefits and Impact

The implementation of CivitTWIN is expected to deliver significant operational improvements for the BMC and applicants. The platform utilizes AI to read and process unstructured data from documents, drawings, GIS-based city maps, and historical data patterns.

Metric Impact
Data consistency improvement 70%
Reduction in proposal rejections 60%
Chatbot assistance 24x7 AI-guided
Submission guidance Real-time preparedness scores

Strategic Significance

This initiative positions SoftTech Engineers Limited at the forefront of AI-powered GovTech solutions in India. CivitTWIN represents a paradigm shift from a model of 'finding errors after submission' to one of 'verifying success before submission.' The company views this as a significant milestone in its broader vision of delivering intelligent, scalable solutions for civic infrastructure and urban governance across India.

SoftTech Engineers Limited (SEL) is a technology company focused on developing digital solutions for the Architecture, Engineering, Construction and Operations (AECO), and infrastructure sectors. Its key products include CivitPLAN & CivitPERMIT (AutoDCR®), CivitINFRA (PWIMS), and CivitBUILD (Opticon), which enable building plan approvals, urban governance, and infrastructure project management.

Historical Stock Returns for SoftTech Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+2.16%+10.24%+37.17%+30.52%+391.10%

Will SoftTech Engineers look to expand CivitTWIN to other municipal corporations across India following the BMC launch?

How will the integration of 12 specialized AI Agents impact the workforce requirements within the BMC's planning departments?

Could the success of CivitTWIN drive increased adoption of AI-powered 'Digital Twins' in other sectors of urban governance?

SoftTech FY26 net profit surges 131% to ₹95.74 crore

2 min read     Updated on 29 May 2026, 05:08 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

SoftTech Engineers Limited reported a 131% YoY rise in standalone net profit to ₹95.74 crore for FY26, with revenue increasing 37% to ₹1,282.99 crore. Consolidated net profit grew fourfold to ₹53.26 crore. The Board approved the audited results and recommended the re-appointment of statutory auditors P G Bhagwat LLP.

powered bylight_fuzz_icon
41359375

*this image is generated using AI for illustrative purposes only.

SoftTech Engineers Limited reported a 131% year-on-year rise in standalone net profit to ₹95.74 crore for FY26, compared to ₹41.40 crore in the previous year. Revenue from operations for the standalone entity increased 37% to ₹1,282.99 crore from ₹933.57 crore in FY25. On a consolidated basis, net profit for FY26 stood at ₹53.26 crore, a fourfold increase from ₹13.30 crore in the prior year, while revenue grew 39% to ₹1,320.02 crore. The Board of Directors approved the audited financial results in a meeting held on May 26, 2026.

The statutory auditors, P G Bhagwat LLP, issued an unmodified opinion on the standalone and consolidated financial results. The company confirmed there was no deviation in the utilization of funds raised through preferential issues during the quarter ended March 31, 2026. The Board recommended the re-appointment of P G Bhagwat LLP as statutory auditors for a term of five years, subject to shareholder approval, effective from the conclusion of the 30th Annual General Meeting in 2026 until the conclusion of the 35th AGM in 2031.

Board Appointments

The Board appointed Ms. Aadishri Apte as Company Secretary, Compliance Officer, and Nodal Officer of the company, effective May 26, 2026. Additionally, M/s. Sharp & Tannan Associates, Chartered Accountants, were appointed as internal auditors for the financial year 2026-27. The consolidated financial results include the performance of nine subsidiaries, including SoftTech Engineers Inc., SoftTech Finland Oy, and AmpliNxt Private Limited.

Financial Performance

The following table summarizes the standalone financial performance for the year and quarter ended March 31, 2026:

Particulars: Year Ended March 31, 2026 (₹ in Lakhs) Year Ended March 31, 2025 (₹ in Lakhs) Quarter Ended March 31, 2026 (₹ in Lakhs) Quarter Ended March 31, 2025 (₹ in Lakhs)
Revenue from operations 12,829.94 9,335.78 4,555.20 3,125.07
Total Income 13,379.03 9,626.37 4,716.11 3,232.29
Total Expenses 12,080.10 8,946.05 4,185.05 3,019.27
Profit before tax 1,298.93 680.32 531.06 213.02
Profit after tax 957.49 414.00 402.74 227.42

The company's earnings per share (EPS) for the standalone entity for FY26 was ₹6.93 on a basic basis and ₹6.91 on a diluted basis.

Q4 EBITDA Performance

SoftTech Engineers delivered a strong quarterly performance on the operating profitability front. The following table highlights key Q4 metrics on a year-on-year basis:

Metric: Q4 Current Year Q4 Previous Year
Revenue ₹455M ₹299M
Standalone Net Profit ₹40M ₹2M
EBITDA ₹105M ₹54M
EBITDA Margin 23% 18.10%

Q4 EBITDA nearly doubled year-on-year to ₹105M from ₹54M, while the EBITDA margin expanded significantly to 23% from 18.10% in the same period of the prior year. Q4 standalone net profit grew sharply to ₹40M compared to ₹2M in the corresponding quarter, supported by a 52% rise in Q4 revenue to ₹455M from ₹299M year-on-year.

Historical Stock Returns for SoftTech Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+2.16%+10.24%+37.17%+30.52%+391.10%

What strategic initiatives will SoftTech Engineers prioritize to sustain the 131% profit growth into FY27?

How will the company leverage its nine international subsidiaries to drive future revenue expansion?

Will the improved EBITDA margins of 23% in Q4 be maintained as the company scales operations?

More News on SoftTech Engineers

1 Year Returns:+30.52%