Suyog Telematics reports net profit of ₹6,227.85 lakh in FY26

1 min read     Updated on 29 May 2026, 08:15 AM
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Suyog Telematics Limited reported a net profit of ₹6,227.85 lakh for the financial year ended March 31, 2026, a significant increase from ₹4,055.39 lakh in the previous year. Total income from operations rose to ₹21,445.50 lakh for the year, while the quarterly net profit for the period ended March 31, 2026, was ₹1,414.29 lakh. The audited standalone and consolidated financial results were approved by the Board on May 26, 2026.

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Suyog Telematics Limited reported a net profit of ₹6,227.85 lakh for the financial year ended March 31, 2026, marking a substantial increase from ₹4,055.39 lakh in the previous year. Total income from operations for the year stood at ₹21,445.50 lakh, compared to ₹20,152.24 lakh in FY25. The company’s audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved by the Board of Directors at a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹1,414.29 lakh, with total income from operations reaching ₹5,349.37 lakh. In the corresponding quarter of the previous year, the company had reported a net loss of ₹1,378.28 lakh. The consolidated net profit for the full year was ₹6,307.10 lakh, with total income from operations at ₹22,762.55 lakh.

The financial results indicate a strong turnaround in profitability for the fiscal year. The net profit before tax for the year ended March 31, 2026, was ₹8,223.53 lakh, a significant rise from ₹5,600.14 lakh in the prior year. The company’s equity share capital as of March 31, 2026, was reported at ₹1,171.71 lakh, while reserves stood at ₹47,710.73 lakh.

Earnings per share (EPS) on a basic basis for the year ended March 31, 2026, was ₹54.05, compared to ₹34.55 in the previous year. On a diluted basis, EPS was ₹51.77 for FY26, up from ₹31.61 in FY25. The advertisement disclosing these results was published in The Financial Express and Pratihakal on May 28, 2026.

Financial Highlights

Particulars Standalone Year Ended March 31, 2026 (₹ in Lakhs) Standalone Year Ended March 31, 2025 (₹ in Lakhs)
Total Income from Operations 21,445.50 20,152.24
Net Profit for the Period 6,227.85 4,055.39
Net Profit Before Tax 8,223.53 5,600.14
Basic EPS (₹) 54.05 34.55
Diluted EPS (₹) 51.77 31.61
Reserves 47,710.73 38,924.92

The complete financial results are available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Suyog Telematics

1 Day5 Days1 Month6 Months1 Year5 Years
-4.38%-2.90%-5.44%+13.90%-7.69%-50.13%

What strategic initiatives drove the significant turnaround from a net loss in Q4 FY25 to a profit in Q4 FY26?

How does Suyog Telematics plan to utilize the substantial increase in reserves to fuel future growth or acquisitions?

Will the company maintain this high profitability margin in the coming fiscal year given the modest revenue growth?

Suyog Telematics reports no new share encumbrances in FY26

1 min read     Updated on 28 May 2026, 07:03 AM
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Suyog Telematics Limited disclosed to BSE and NSE that no new encumbrances were created on promoter or PAC shares during FY26. The filing, dated April 07, 2026, confirms that the only outstanding encumbrance is a pledge of 4,00,000 equity shares by promoter Shivshankar Gurushantappa Lature with Mentor Capital Ltd since 2018. The company also noted that Somnath Gurushantappa Lature has applied for reclassification from the promoter group to the public category, pending exchange approval.

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Suyog Telematics Limited has confirmed that no new encumbrances were created on shares held by its promoters or persons acting in concert during the financial year 2025-26. The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration ensures that any existing pledges remain the only liabilities against promoter-held shares as of March 31, 2026.

Shivshankar Lature, a promoter of Suyog Telematics Limited , provided the details on behalf of the promoters and promoter group. The filing explicitly states that aside from previously disclosed information, no direct or indirect encumbrance was established on the company's shares by the promoters during the specified period.

The disclosure includes a detailed table of the outstanding encumbrances held by the promoters as of the end of the financial year. The data shows that the only encumbrance involves equity shares pledged by Shivshankar Gurushantappa Lature.

Promoters / Promoter group along with PAC Class of shares No of shares Encumbrance Pledgee Date of Encumbrance
Shivshankar Gurushantappa Lature Equity Shares 4,00,000 Pledge Mentor Capital Ltd 28/03/2018

The filing also listed the current composition of the promoter and promoter group. The group includes Shivshankar Gurushantappa Lature, Sakshi Vivek Lature, Suchitra Shivshankar Lature, Arvind Gurushantappa Lature, and Gurushantappa Lature. Additionally, Somnath Gurushantappa Lature is classified under the promoter group but has applied for reclassification to the "Public" category under Regulation 31(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This application is currently pending approval with the stock exchanges.

Historical Stock Returns for Suyog Telematics

1 Day5 Days1 Month6 Months1 Year5 Years
-4.38%-2.90%-5.44%+13.90%-7.69%-50.13%

What is the likelihood of Somnath Gurushantappa Lature's reclassification to the 'Public' category being approved by the stock exchanges?

Could the pending reclassification of a promoter group member to 'Public' signal a potential reduction in promoter holding over the medium term?

What are the implications for corporate governance if the promoter group composition changes while a significant portion of equity remains pledged?

More News on Suyog Telematics

1 Year Returns:-7.69%