String Metaverse Limited has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The company reported a record performance with significant growth in revenue and profitability, driven by its expansion into AI-driven financial infrastructure, gaming ecosystems, and high-frequency trading technologies. The Board of Directors approved the financial results at its meeting held on May 25, 2026.

Consolidated Financial Performance

The company's consolidated net profit for FY26 stood at ₹102.53 crore, a surge of 190.89% from ₹35.24 crore in the previous year. For the fourth quarter, the net profit was ₹34.71 crore, a sharp increase from ₹12.91 crore in the same quarter last year. Revenue from operations for the year surged to ₹1,069.11 crore, up from ₹407.36 crore in FY25. Q4 revenue reached ₹359.40 crore, more than doubling from ₹153.85 crore in the year-ago period.

The following table summarises the key financial metrics for the consolidated results:

Operational Highlights

On the operational front, the company's EBITDA for FY26 was ₹121.88 crore, up 189.50% year-on-year. Q4 EBITDA stood at ₹41.98 crore, an increase of 167% quarter-on-quarter. The statutory auditors have issued an unmodified opinion on the audited standalone and consolidated financial results.

The company achieved a Rule of 40 score of 60.30%, combining 50% YoY revenue growth with a 10.3% PAT margin. String Metaverse also crossed 5 million users across its ecosystem and launched Phase 1 of the Bills on Chain partnership with Hedera Blockchain.

Standalone Results

In its standalone financial results, the company reported a net profit of ₹30.56 crore for FY26, compared to ₹3.20 crore in the previous year. For the quarter ended March 31, 2026, the standalone net profit was ₹21.02 crore. Total income for the year stood at ₹200.71 crore, up from ₹132.04 crore in FY25.

String Metaverse's board of directors has announced the approval of a selective bonus issue that will benefit only public shareholders, with promoters voluntarily stepping aside from participation.

Bonus Issue Details

The company has approved a bonus share issue in the ratio of 2:9, meaning shareholders will receive 2 additional shares for every 9 shares held. This corporate action has been structured as a selective bonus issue, creating a unique scenario in the equity markets.

Promoter Decision

In an uncommon move, String Metaverse's promoters have voluntarily waived their participation rights in the bonus issue. This decision ensures that the entire benefit of the bonus shares flows exclusively to public shareholders, including retail investors and institutional stakeholders.

Impact on Shareholding

This selective bonus issue will result in an increase in the number of shares held by public shareholders while keeping the promoter shareholding unchanged in absolute terms. The move demonstrates the management's commitment to rewarding public investors and enhancing their stake in the company without any dilution from promoter participation.