Tomorrow Technologies schedules FY26 AGM for September 30

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Tomorrow Technologies schedules its 44th AGM for September 30, 2026
  • Board approved FY26 standalone and consolidated financial statements
  • Company authorized loans or investments up to ₹25 crore under Section 186
  • E-voting for shareholders will be open from September 27 to September 29
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Tomorrow Technologies Global Innovations Limited has scheduled its 44th annual general meeting for September 30, 2026. The board approved standalone and consolidated financial statements for FY26 on September 3.

The notice for the meeting was issued to BSE Ltd on September 5, 2026. Kishor P Ostwal, managing director, signed the communication. The company is formerly known as CNI Research Limited.

Key Board Approvals

The board considered and approved several key items during the meeting held at the registered office in Mumbai:

  • Approval of the Annual Report for FY26, including the Notice of AGM, Directors' Report, Audit Report, Corporate Governance Report, and Management Discussion and Analysis Report.
  • Re-appointment of Mr. Kishor Ostwal as Managing Director, subject to member approval at the AGM.
  • Appointment of M/s Mayur More & Associates as Scrutinizer for the upcoming AGM.
  • Authorization to give loans or invest funds up to ₹25 crore over specified limits under Section 186 of the Companies Act, 2013.

AGM and Book Closure Details

The 44th Annual General Meeting will be held on Wednesday, September 30, 2026, at 11:00 am via Video Conferencing or Other Audio-Visual Means.

Event Date
Record Date September 23, 2026
E-Voting Start September 27, 2026
E-Voting End September 29, 2026
Book Closure Start September 24, 2026
Book Closure End September 30, 2026
AGM Date September 30, 2026

The Register of Members and Share Transfer Books will remain closed from September 24 to September 30, 2026 (both days inclusive). Members holding shares as on the cut-off date of September 23, 2026, are eligible to vote. The e-voting facility will be available from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm.

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Tomorrow Technologies Global Innovation

1 Day5 Days1 Month6 Months1 Year5 Years
+2.86%+4.77%+3.95%-10.23%-30.76%0.0%

How will the authorized ₹25 crore for loans or investments under Section 186 impact Tomorrow Technologies' liquidity and strategic expansion plans?

What specific growth initiatives or capital expenditures are likely to be detailed in the FY26 Management Discussion and Analysis report?

Does the re-appointment of Kishor Ostwal as Managing Director signal a continuation of current corporate strategy or potential leadership shifts in the coming fiscal year?

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Tomorrow Technologies Q1 Results: Consolidated profit up 90% YoY to ₹16.23 lakh

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Reviewed by
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Key Highlights

Tomorrow Technologies reported a consolidated net profit of ₹16.23 lakh for Q1FY26, up 90% YoY, driven by a ₹22.38 lakh gain from its associate. Standalone operations posted a loss of ₹6.15 lakh as revenue plummeted 95% to ₹1.24 lakh. The AI & Dev Ops segment contributed no revenue this quarter.

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Tomorrow Technologies Global Innovations Limited (formerly CNI Research Limited) reported a consolidated net profit of ₹16.23 lakh for the quarter ended June 30, 2026, marking a significant turnaround from the standalone operational losses recorded during the period.

The Board of Directors approved the unaudited standalone and consolidated financial results at a meeting held on August 13, 2026. The consolidated profit stands in contrast to a standalone loss of ₹6.15 lakh, highlighting the company's reliance on its associate entity for current profitability.

Consolidated Performance Driven by Associate Gains

The consolidated bottom line was heavily influenced by the performance of the company's associate, Technopoint Mercantile Company Private Limited. The share of profit from the associate contributed ₹22.38 lakh to the consolidated result for Q1FY26. This is a notable shift from the preceding quarter ended March 31, 2026, where the associate had contributed a loss of ₹78.93 lakh.

Compared to the same quarter in the previous fiscal year (Q1FY25), the consolidated net profit rose to ₹16.23 lakh from ₹8.54 lakh. In Q1FY25, the share of profit from the associate was ₹5.85 lakh.

Metric Q1FY26 Q1FY25 Change
Consolidated Net Profit ₹16.23 lakh ₹8.54 lakh +90%
Share of Profit (Associate) ₹22.38 lakh ₹5.85 lakh +282%
Revenue from Operations ₹1.24 lakh ₹27.54 lakh -95%

Standalone Operations Post Loss

On a standalone basis, Tomorrow Technologies reported a net loss of ₹6.15 lakh for the quarter, widening from a profit of ₹2.69 lakh in Q1FY25. The decline in profitability coincided with a sharp contraction in revenue from operations, which fell to ₹1.24 lakh from ₹27.54 lakh in the corresponding quarter of the previous year.

Total expenses for the standalone entity stood at ₹7.39 lakh, comprising employee benefits expense of ₹1.50 lakh and other expenses of ₹5.89 lakh. In Q1FY25, total expenses were ₹24.85 lakh, driven largely by other expenses of ₹23.83 lakh.

Segment-wise Breakdown

The segment reporting indicates that the 'Content Sale' segment generated the entire standalone revenue of ₹1.24 lakh but operated at a loss of ₹6.15 lakh. The 'AI & Dev Ops' segment, which contributed ₹26.12 lakh to revenue in Q1FY25, reported no revenue or result for the current quarter.

Segment Revenue (Q1FY26) Result (Q1FY26)
Content Sale ₹1.24 lakh (₹6.15 lakh)
AI & Dev Ops Nil Nil
Total ₹1.24 lakh (₹6.15 lakh)

What the Numbers Show

The divergence between the standalone and consolidated results underscores a significant dependency on the associate company for overall group profitability. While standalone operations contracted sharply with revenue falling 95% YoY, the associate’s contribution more than offset the standalone loss, driving a 90% increase in consolidated net profit. Additionally, the 'Other Comprehensive Income' saw a gain of ₹124.46 lakh due to the fair valuation of equity instruments, reversing a loss of ₹120.80 lakh in the preceding quarter.

Auditor’s Review

J. A. Rajani & Co., Chartered Accountants, reviewed the standalone financial results and issued an unmodified conclusion. For the consolidated results, the auditors noted that they did not review the interim financials of the associate company, Technopoint Mercantile Company Private Limited, which includes a share of profit of ₹22.08 lakh as per management certification. The auditors’ conclusion on the consolidated statement remains unmodified regarding their reliance on these certified figures.

Historical Stock Returns for Tomorrow Technologies Global Innovation

1 Day5 Days1 Month6 Months1 Year5 Years
+2.86%+4.77%+3.95%-10.23%-30.76%0.0%

What strategic steps is Tomorrow Technologies taking to revive its standalone 'AI & Dev Ops' segment, which currently reports zero revenue?

How sustainable is the profitability driven by Technopoint Mercantile, given the volatility seen in the associate's contribution between Q4FY25 and Q1FY26?

Will management consider restructuring or divesting the loss-making standalone operations to reduce the group's dependency on the associate entity?

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