String Metaverse FY26 revenue rises 163.7% to ₹1,076.55 crore

2 min read     Updated on 26 May 2026, 02:30 PM
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String Metaverse Limited reported a 163.7% YoY increase in revenue to ₹1,076.55 crore for FY26, with PAT growing 190.8% to ₹102.53 crore. The company achieved key milestones including 5 million users, $220 million in DeFi volumes, and launched the String Pay X card. A revised investor presentation was filed on May 26, 2026.

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String Metaverse Limited reported a 163.7% year-on-year surge in revenue to ₹1,076.55 crore for the financial year ended March 31, 2026, driven by operational leverage and ecosystem expansion. The company's profit after tax (PAT) jumped 190.8% to ₹102.53 crore, while EBITDA rose 189.5% to ₹122.88 crore. The Board of Directors approved the audited standalone and consolidated financial results on May 25, 2026, and a revised investor presentation was filed on May 26, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015.

The standalone financial results for the quarter ended March 31, 2026, showed a net profit of ₹210.20 lakh on total income from operations of ₹999.16 lakh. For the full financial year, standalone net profit stood at ₹305.62 lakh on a total income of ₹2007.10 lakh. The paid-up equity share capital of the company, with a face value of ₹10 each, was reported at ₹11643.23 lakh for the period ended March 31, 2026.

Consolidated Financial Performance

The company's consolidated earnings per share (EPS) on a basic and diluted basis was ₹0.30 for the quarter ended March 31, 2026. For the financial year, the basic EPS was reported at ₹0.89, while the diluted EPS stood at ₹0.88. The total comprehensive income for the period increased to ₹12098.87 lakh for the year ended March 31, 2026, up from ₹3710.27 lakh in the prior year.

Particulars Quarter Ended 31.03.2026 (Audited) Year Ended 31.03.2026 (Audited)
Total Income from Operations 36542.34 107655.42
Net Profit for the period after tax 3470.62 10252.65
Total Comprehensive Income 4595.22 12098.87
Paid up Equity Share Capital (₹10 each) 11643.23 11643.23
Basic EPS (₹1 each) 0.30 0.89

Strategic Milestones

String Metaverse achieved several key operational milestones in FY26, including crossing 5 million users across its ecosystem. The company reported that DeFi and tokenized asset volumes surpassed $220 million, while derivatives trading volume reached $4 billion on centralized exchanges. Strategic initiatives included the launch of Phase 1 of the Bills on Chain partnership with Hedera Blockchain and the introduction of the String Pay X virtual crypto-backed debit card in partnership with Visa. The company is also planning a 100 MW AI Data Center to support agentic AI infrastructure.

The financial results were reviewed by the Audit Committee and subsequently approved by the Board. The detailed results and the revised investor presentation are available on the Bombay Stock Exchange website and the company's official website.

What is the expected timeline and capital expenditure for the proposed 100 MW AI Data Center?

How will the launch of String Pay X impact user adoption and revenue streams in the upcoming fiscal year?

What are the projected growth rates for DeFi and derivatives trading volumes following the ecosystem expansion?

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String Metaverse Limited Schedules Board Meeting on May 25, 2026 to Approve Q4FY26 Financial Results

1 min read     Updated on 13 May 2026, 11:06 PM
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String Metaverse Limited has notified BSE Limited of a Board of Directors meeting scheduled for May 25, 2026, to consider and approve standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, along with the Statutory Auditor's Report. The intimation was filed pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015, by Company Secretary M. Chowda Reddy on May 13, 2026. The company's trading window has been closed for all designated persons from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results, in compliance with SEBI's insider trading regulations.

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String Metaverse Limited, formerly known as Bio Green Papers Limited, has intimated BSE Limited of a forthcoming Board of Directors meeting, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Monday, May 25, 2026, at the company's registered office in Hyderabad, Telangana.

Board Meeting Agenda

The board meeting has been convened to deliberate on key financial and regulatory matters. The following items are on the agenda:

  • Consideration and approval of the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026
  • Review of the Statutory Auditor's Report on the said financial results, in accordance with Regulation 33 of the SEBI (LODR) Regulations, 2015
  • Any other business item with the permission of the Chair

Key Meeting Details

The table below summarises the key details of the scheduled board meeting:

Parameter: Details
Company Name: String Metaverse Limited
Formerly Known As: Bio Green Papers Limited
Meeting Date: Monday, May 25, 2026
Regulatory Basis: Regulation 29, SEBI (LODR) Regulations, 2015
Results Period: Quarter and Financial Year ended March 31, 2026
Results Type: Standalone and Consolidated Audited Financial Results
Exchange Notified: BSE Limited
Intimation Date: May 13, 2026

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading and pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, String Metaverse Limited has implemented a trading window restriction. The trading window for dealing in the securities of the company has been closed for all designated persons, their immediate relatives, and other connected persons with effect from April 1, 2026. The closure will remain in effect until 48 hours after the declaration of the financial results.

The intimation was filed and signed by M. Chowda Reddy, Company Secretary and Compliance Officer of String Metaverse Limited, on May 13, 2026. The company is headquartered at Sy.No 66/2, Street No. 03, 2nd Floor, Rai Durgam, Prashanth Hills, Gachi Bowli, Hyderabad – 500008, Telangana, India.

How has String Metaverse Limited's financial performance evolved since its rebranding from Bio Green Papers Limited, and what revenue growth can be expected from its metaverse-focused business model?

Will the audited financial results for FY2026 reveal any significant write-offs or impairments related to the company's transition from paper manufacturing to metaverse operations?

Could the board meeting on May 25, 2026 also address any upcoming fundraising plans, such as a rights issue or preferential allotment, to fund String Metaverse's technology infrastructure expansion?

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