TAKE Limited reported a consolidated net profit of ₹108.5 million for FY26, a sharp turnaround from a profit of ₹37.5 million in the prior year that was heavily influenced by one-off gains. The company's revenue from operations stood at ₹541.9 million, emerging from nil in FY25 as its new AI-driven healthcare platforms began generating commercial traction.

The Chennai-based firm, formerly known as TAKE Solutions Limited, submitted its annual report for the financial year ended March 31, 2026, to stock exchanges on September 7, 2026. The results reflect the early stages of a strategic pivot toward digital health and longevity services.

Financial Performance

On a consolidated basis, total income reached ₹608.7 million, up nearly 500% year-on-year. Profit from continuing operations was ₹42.6 million, compared to ₹7.4 million in FY25. The standalone entity also returned to profitability, posting a net profit of ₹27.2 million against a net loss of ₹697.4 million in the previous year.

What the Numbers Show

The consolidated profit figure includes ₹65.9 million from discontinued operations, which accounts for roughly 61% of the total net profit. This indicates that while the core business is stabilizing, the bottom line remains significantly supported by non-recurring items related to past business units. Furthermore, the standalone entity recorded zero revenue from operations, suggesting that all operational income is currently generated through subsidiaries rather than the holding company itself.

Strategic Initiatives

Management highlighted several key developments during the year:

• Launch of Take.Health, an AI-driven consumer health platform.
• Development of a Unified AI Platform for enterprise healthcare infrastructure.
• Entry into the longevity and anti-ageing market with science-backed nutraceuticals.
• Establishment of an Innovation Fund with an initial corpus of ₹50 million to invest in deep-tech health startups.

Audit Qualifications

Statutory auditors M/s. A. Raghavendra Rao & Associates issued a qualified opinion on both standalone and consolidated financial statements. The qualification relates to income tax assets totaling ₹87.6 million (standalone) and ₹129.2 million (consolidated), which are pending adjudication in various forums. The auditors noted they could not confirm the ultimate realizable value of these assets.

Corporate Governance

The Board appointed Mr. Sunil Patra as Managing Director and CFO in May 2026 to fill casual vacancies. The company faced regulatory fines for delays in appointing a Company Secretary and filling board vacancies earlier in the year. The Twenty-Fifth Annual General Meeting is scheduled for September 29, 2026.

The board of Take Solutions approved the appointment of new statutory auditors and scheduled its 25th annual general meeting on September 3, 2026.

The Chennai-based company also recommended the re-appointment of a non-executive director, pending shareholder approval.

Key Board Approvals

The board meeting held on Thursday, September 3, 2026, concluded with several key corporate governance decisions:

• Auditor Appointment: M/s. A. Raghavendra Rao & Associates, Chartered Accountants, were appointed as statutory auditors for five years, from FY27 to FY31.
• Director Re-appointment: Mr. Parmeshvar Dhangare was recommended for re-appointment as a non-executive non-independent director liable to retire by rotation.
• AGM Scheduling: The 25th annual general meeting is scheduled for Tuesday, September 29, 2026, at 12:00 pm via video conferencing or other audio-visual means.

Auditor Profile

M/s. A. Raghavendra Rao & Associates, established in 1986, will serve as the statutory auditor. The firm holds Firm Registration Number 003324S and Practice Registration Certificate No. 018363.

The firm provides audit, assurance, taxation, and advisory services. It has experience in statutory audits for public sector banks and clients across manufacturing, banking, infrastructure, information technology, healthcare, real estate, and education sectors.

Director Details

Mr. Parmeshvar Dhangare (DIN: 11410125) brings over 15 years of industry experience as a civil engineer. He is not related to any other director of the company and is not debarred from holding office by SEBI or any other authority.

His re-appointment is subject to shareholder approval at the ensuing AGM.

AGM Logistics

Shareholders must be on record as of Tuesday, September 22, 2026, to vote at the AGM. Remote e-voting will run from Saturday, September 26, 2026, at 9:00 am to Monday, September 28, 2026, at 5:00 pm.

M/s. Aarju Agrawal & Associates, Practicing Company Secretaries, have been appointed as the scrutinizer for the remote e-voting process.