Suyog Telematics Limited reported a 55.5% increase in consolidated net profit to ₹63.07 crore for the financial year ended March 31, 2026, compared to ₹40.55 crore in the previous year. Revenue from operations grew 15.2% to ₹221.85 crore from ₹192.57 crore year-on-year. The company achieved an EBITDA margin of 74%, up from 71.5% in FY25, driven by operational efficiency and a robust business model. The Board of Directors has recommended a final dividend of Re 1 per equity share, aggregating to ₹1.17 crore, subject to shareholder approval at the forthcoming Annual General Meeting.

FY26 Financial Performance

The company's annual performance reflects robust growth across key financial metrics. Profit before tax for the year stood at ₹83.29 crore. Earnings per share (EPS) increased to ₹54.70 from ₹34.55 in the previous year. The following table summarises the key financial metrics for the year:

Operational Highlights and Strategic Growth

Suyog Telematics continues to strengthen its position as a key passive telecommunication infrastructure provider. The company operates 6,008 towers and 7,318 tenancies across 26 states and Union Territories. A significant growth driver is the expansion of small cell towers, with 4,054 operational tenancies as of March 31, 2026, which are essential for 5G deployment. The company also holds 1,017 government site tenancies, providing low-risk, high-demand locations.

The company is actively pursuing strategic initiatives, including the acquisition of Lotus Tele Infra Private Limited to enhance its footprint in the Delhi & NCR region. This acquisition adds 120 telecom sites and major tenants like Bharti Airtel and Reliance Jio. Additionally, Suyog is investing in R&D for advanced power backup solutions, including trials for Zinc batteries, and upgrading power management systems with Lithium batteries to improve uptime.

Auditor's Report and Disclosures

The Statutory Auditor, M/s. SPML & Associates, issued an unmodified opinion on the audited financial results. However, the auditor's report drew attention to several matters, including the need to strengthen internal control design commensurate with the company's growing business activities. Additionally, balances in loans, advances, trade receivables, and payables are subject to confirmation and reconciliation.

The report also noted that revenue relating to telecom tower infrastructure services was accounted for on a provisional basis pending final reconciliation with telecom operators. A Goods and Services Tax (GST) search was conducted at the company's premises on January 2, 2026, though management stated there is no material impact on the financial statements.

Board Decisions

The Board meeting, held on May 26, 2026, approved the re-appointment of M/s. S K S S & Associates as the Internal Auditor for FY 2026-27. The meeting commenced at 11:30 a.m. IST and concluded at 07:30 p.m. IST. The intimation was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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

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