Tracxn narrows FY26 loss, eyes FY27 growth with AI

2 min read     Updated on 28 May 2026, 08:06 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Tracxn Technologies Limited narrowed its FY26 net loss to ₹7.89 crore on steady revenue of ₹83.97 crore. Adjusted PAT turned positive at ₹2.5 crore, driven by operational efficiencies and growth in India. The company is scaling its sales team and launching AI-native data access tools to drive FY27 growth.

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Tracxn Technologies Limited narrowed its net loss to ₹7.89 crore for the financial year ended March 31, 2026, an improvement from a loss of ₹9.54 crore in the previous year. Revenue from operations for FY26 stood at ₹83.97 crore, compared to ₹84.47 crore in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of ₹2.63 crore, a significant reduction from the net loss of ₹7.58 crore in the same period last year. Total expenses for the year increased to ₹90.71 crore from ₹83.75 crore in the prior year. The Earnings Per Share (Basic) for FY26 was (₹0.73), compared to (₹0.89) in FY25. Excluding non-cash expenses primarily related to ESOPs, the adjusted EBITDA was negative ₹3.5 crore and adjusted PAT was positive ₹2.5 crore for FY26.

Particulars Year Ended March 31, 2026 Year Ended March 31, 2025
Revenue from Operations ₹83.97 crore ₹84.47 crore
Total Expenses ₹90.71 crore ₹83.75 crore
Net Profit/(Loss) (₹7.89) crore (₹9.54) crore
Earnings Per Share (Basic) (₹0.73) (₹0.89)

Operational Metrics

The company expanded its coverage of private company financials by over 10 times in FY26. Legal entities coverage grew to 3.5 million, while company coverage reached 0.7 million, up 41% YoY. Captables on the platform increased approximately 3 times YoY to 90,000. International revenue accounted for 55% of the total in FY26, with customers spanning over 50 countries. The number of users grew by 23% YoY to 6,227.

Strategic Initiatives

Management highlighted several growth drivers for FY27, including the scaling of sales and marketing teams, which now account for nearly 30% of total headcount. The company plans to nearly double its closing sales team to 60 by December 2026. Additionally, Tracxn is focusing on AI-native access to its data, launching a connector for Claude and an AI chat-based assistant for data querying. Regulatory data coverage is also expanding, with financials data now covering 2.8 million companies and cap tables tracking over 770,000 companies.

Board Decisions and Appointments

The Board of Directors, in its meeting held on May 25, 2026, approved the re-appointment of M/s. SPR & Co as the Internal Auditor for FY 2026-27. M/s. M S K C & Associates LLP was appointed as the Statutory Auditor for a period of five consecutive years, subject to shareholder approval at the ensuing 14th Annual General Meeting. Mr. Akshay Bhushan (DIN: 07213022) was appointed as an Additional Director (Non-Executive Independent Director) for a term of five years effective May 25, 2026, subject to shareholder approval.

Historical Stock Returns for Tracxn Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.27%-3.43%-7.53%-24.86%-48.10%-67.36%

How will the planned doubling of the sales team by December 2026 impact the company's customer acquisition costs and overall profitability?

What revenue contribution does management expect from the new AI-native features, such as the Claude connector and chat-based assistant, in FY27?

Will the significant increase in operational coverage and data expansion translate into higher average revenue per user (ARPU) in the coming year?

Tracxn Technologies Allots 49,320 Equity Shares Under ESOP 2016 Scheme

1 min read     Updated on 14 Apr 2026, 02:54 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Tracxn Technologies Limited allotted 49,320 equity shares under its ESOP 2016 scheme at Re. 1/- per share on April 14, 2026, following approval by the Nomination and Remuneration Committee. The allotment increased the company's paid-up share capital from 10,67,36,380 shares to 10,67,85,700 shares, generating Rs. 49,320/- for the company. The newly issued shares rank pari passu with existing equity shares and comply with SEBI regulations.

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Tracxn technologies has allotted 49,320 equity shares under its Employee Stock Option Plan 2016 (ESOP 2016) scheme to eligible grantees. The allotment was approved by the company's Nomination and Remuneration Committee through a circular resolution dated April 14, 2026, with shares priced at Re. 1/- per equity share.

Share Capital Impact

The allotment has resulted in an increase in the company's paid-up share capital. The impact on share capital is detailed below:

Particulars: No. of Equity Shares Amount (in Rs.)
Existing paid up share capital: 10,67,36,380 10,67,36,380/-
Post Allotment paid up share capital: 10,67,85,700 10,67,85,700/-

The newly allotted equity shares rank pari passu with the existing equity shares of the company and are not subject to any lock-in restrictions except those imposed under applicable laws.

ESOP Exercise Details

The company provided comprehensive details regarding the ESOP exercise under regulatory requirements:

Parameter: Details
Total shares covered: 49,320 equity shares of face value Re. 1/- each
Exercise price: Re. 1/- per ESOP
Options exercised: 49,320 options
Money realized: Rs. 49,320/-
Exercise period: Within five years from vesting date

Financial Impact

The exercise of stock options generated Rs. 49,320/- for the company. The diluted earnings per share for the quarter ended March 31, 2026 stands at Rs. (0.08) per share following this allotment.

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ESOP scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has fulfilled all disclosure requirements under the applicable regulations and uploaded the intimation on its website at www.tracxn.com .

Historical Stock Returns for Tracxn Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.27%-3.43%-7.53%-24.86%-48.10%-67.36%

How many more ESOP options remain unexercised under the 2016 scheme, and when do they expire?

Will Tracxn introduce a new ESOP scheme to replace or supplement the 2016 plan for future employee retention?

What impact will the current negative EPS of Rs. (0.08) have on employee motivation to exercise remaining stock options?

More News on Tracxn Technologies

1 Year Returns:-48.10%