Tera Software has fixed Tuesday, September 22, 2026 as the record date for determining shareholder eligibility for the dividend payment for FY26. The date also serves as the cut-off for remote e-voting at the company’s 32nd Annual General Meeting.

The dividend payment is contingent upon declaration by members at the ensuing AGM. The company notified stakeholders pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The 32nd Annual General Meeting is scheduled for Tuesday, September 29, 2026, at 3:00 pm. It will be held at the registered office in Jubilee Hills, Hyderabad.

Register Closure

The register of members will remain closed from Wednesday, September 23, 2026 to Tuesday, September 29, 2026, both days inclusive. This closure facilitates the processing of transfers and updates ahead of the meeting.

Ch. Mallikarjuna, Company Secretary and Compliance Officer, signed the intimation.

Tera Software reported a 163% year-on-year increase in net profit to ₹2,480.47 lakh for the financial year ended March 31, 2026. The Hyderabad-based e-governance solutions provider also saw its revenue from operations more than double, rising 121% to ₹23,804.53 lakh compared to ₹10,764.38 lakh in the previous fiscal year.

The Board of Directors recommended a final dividend of ₹1.20 per equity share, amounting to a total payout of ₹1.50 crore. The dividend is subject to shareholder approval at the upcoming Annual General Meeting scheduled for September 29, 2026.

Financial Performance

The company’s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) grew by approximately 149% to ₹4,063.43 lakh on a standalone basis. This expansion in operating margins contributed significantly to the bottom-line growth, with Profit Before Tax jumping 161% to ₹3,248.03 lakh.

Operational Highlights

Tera Software attributed its strong performance to effective execution of strategic initiatives across its core business segments. Key projects driving growth included:

• BharatNet Projects: Completion of the Odisha BharatNet Phase-II Project and securing a share of ₹3,502.78 crore in the BSNL BharatNet Phase-III Middle Mile Network Project consortium.
• Smart Cities: Continued implementation of the Davanagere Smart City ICT Project.
• Utility Automation: Securing fresh spot billing orders aggregating ₹273.11 crore from various Distribution Companies (DISCOMs) in Uttar Pradesh for the period 2025-27.

What the Numbers Show

The company’s net profit margin expanded significantly, rising from approximately 8.8% in FY25 to 10.4% in FY26. This margin improvement occurred despite a 96% increase in finance costs, which rose to ₹744.57 lakh from ₹379.18 lakh in the prior year. The ability to maintain top-line growth while managing rising interest expenses indicates robust operational leverage during the period.

Corporate Governance Updates

During the year, Tera Software acquired the remaining 26% equity shares of TS Innovations Private Limited, making it a wholly-owned subsidiary effective June 13, 2026. The Board also reconstituted several committees following the completion of Mr. Divakar Atluri’s term as an Independent Director and the appointment of Mr. Veera Brahma Rao Arekapudi.

The 32nd Annual General Meeting will consider the re-appointment of Non-Executive Director Mr. T. Bapaiah Chowdary and approve the remuneration for Vice President Mr. T. Rajasekhar.