Tracxn Technologies Limited reported revenue from operations of ₹84.0 crore for the financial year ended March 31, 2026 (FY26), a 1.9% decline from ₹85.6 crore in FY25. The Bengaluru-based private market intelligence platform posted a net loss of ₹0.6 crore, widening from a net loss of ₹0.95 crore in the prior year, as management continued to invest in sales scaling and data expansion while absorbing costs associated with new regulatory frameworks.

The filing, submitted under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes a corrigendum addressing typographical errors in the initial annual report submission dated July 23, 2026. The corrections primarily involve formatting adjustments to financial figures in notes regarding compensated absences, trade receivables, and related party transactions, which the company states have no impact on the underlying financial statements.

Financial Performance

Revenue from operations stood at ₹84.0 crore in FY26, down from ₹85.6 crore in FY25. India contributed 45% of total revenue, growing 14% year-over-year to ₹38.2 crore, offsetting softness in international markets which accounted for the remaining 55%. Total expenses rose 8% to ₹90.7 crore from ₹83.7 crore, largely driven by employee benefit expenses which increased 7.9% to ₹79.7 crore.

*EBITDA excludes exceptional items such as the provision for new Labour Codes.

The company recognized an exceptional item of ₹102.50 lakh related to the implementation of the new Labour Codes notified in November 2025, which altered the definition of wages for gratuity and compensated absences calculations. This non-recurring charge significantly impacted the bottom line, contributing to the reported net loss despite operational improvements in other areas.

Operational Highlights

Customer accounts grew 19% year-over-year to 2,289 as of March 31, 2026, while active users increased 23% to 6,227. The platform’s coverage expanded to over 7.7 million companies across 3,000+ sectors globally. Management highlighted that AI integration across the backend data production and frontend customer interfaces enabled the addition of significant new datasets without a proportional increase in headcount.

India remained a high-momentum geography, with revenue compounding at a 16% CAGR over the last two years. In Q4 FY26, India revenue grew 15% year-over-year, with quarterly growth accelerating to 5.1%, annualizing to approximately 22%. The company plans to replicate its vertical-team sales playbook internationally, targeting expansion in the US and Europe through enhanced dataset launches.

Balance Sheet and Capital Allocation

Tracxn ended FY26 with ₹89.2 crore in cash and equivalents, maintaining a debt-free balance sheet. This represents a reduction from ₹94.6 crore in FY25, partly due to the company’s first share buyback as a listed entity. In H1 FY26, Tracxn repurchased 1,066,666 equity shares at ₹75 per share, totaling approximately ₹8.0 crore, signaling management’s confidence in the long-term value of the business.

Free cash flow turned negative at (₹3.01) crore compared to positive ₹14.3 crore in FY25, reflecting the timing of growth investments and the buyback execution. The company emphasized that its SaaS model offers high operating leverage, historically converting up to 80% of incremental revenue into EBITDA once growth reaccelerates from investment phases.

Tracxn Technologies Limited has completed the electronic dispatch of the notice for its 14th Annual General Meeting (AGM) and the Annual Report for the financial year ended March 31, 2026 (FY26). The company confirmed on July 24, 2026, that these documents were sent via email to members with registered addresses as of July 17, 2026. The AGM is scheduled to be held on Monday, August 17, 2026, at 5:00 p.m. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) circulars.

The dispatch process was initiated and completed on July 23, 2026. Pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published advertisements detailing the e-voting procedure in Financial Express (English edition) and Vishwavani (Kannada edition) on July 24, 2026. For members who have not registered their email IDs with the company, Depository Participants, or the Registrar and Share Transfer Agent, a letter containing the web-link to access the Annual Report has been sent in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations.

Business to be Transacted

Shareholders will vote on ordinary and special business items during the meeting. Key agenda items include the adoption of the audited financial statements for FY26 and the appointment of M/s. M S K C & Associates LLP as Statutory Auditors for a five-year term, from the conclusion of the 14th AGM until the conclusion of the 19th AGM. The proposed remuneration for audit services for the financial year ending March 31, 2027, shall not exceed ₹30,00,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Additionally, shareholders will consider the appointment of Mr. Akshay Bhushan (DIN: 07213022) as a Non-Executive Independent Director for a term of five years, from May 25, 2026, to May 24, 2031. The Board has approved his remuneration, capped at ₹10,00,000 per annum from May 25, 2026, to August 5, 2026, and ₹12,00,000 per annum from August 6, 2026, to May 24, 2029, in addition to sitting fees.

E-Voting and Participation Details

The company has engaged National Securities Depository Limited (NSDL) as the authorized agency for facilitating remote e-voting and VC/OAVM facilities. CS Sandhya R. Maihotra, Partner of M/s. Manish Ghia & Associates, Company Secretaries, Mumbai, has been appointed as the Scrutinizer for the e-voting process.

Members holding shares in demat mode can vote through their demat accounts. Those holding physical shares must register or update their details using Form ISR-1 with the Registrar and Share Transfer Agent, MUFG Intime India Private Limited. Login credentials for e-voting will be provided via email upon successful registration. Members acquiring shares after the notice dispatch but before the cut-off date of August 10, 2026, can obtain login credentials by contacting evoting@nsdl.com . Voting rights are proportional to the paid-up equity capital held as on the cut-off date.