Xelpmoc Design and Tech Limited reported a 4.1% year-on-year decline in revenue from operations to ₹37.4 million for the financial year ended March 31, 2026 (FY26), compared to ₹39.0 million in FY25. Despite the revenue dip, the company narrowed its Adjusted Operating EBITDA loss to ₹63.0 million in FY26 from ₹73.2 million in the previous year. The Board of Directors approved the Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with the Audited Financial Statements. Additionally, the Board appointed Mr. Naushad Vali as Chief Technology Officer effective June 01, 2026, and re-appointed M/s. Venu & Vinay, Chartered Accountants, as Internal Auditor for FY27.

The company published an advertisement containing the financial results in the Financial Express and Hosadigantha newspapers on May 31, 2026, in compliance with Regulation 30 and Regulation 47(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement of audited financial results was reviewed by the Audit Committee and approved by the Board on May 29, 2026. The Statutory Auditors have expressed an unmodified audit opinion on the results.

Consolidated Financial Performance

The financial performance for FY26 reflects the company's emphasis on optimizing its cost structure alongside its technology services. Total operating revenue for the year decreased to ₹37.4 million from ₹39.0 million in FY25. The Adjusted Operating EBITDA loss improved to ₹63.0 million from ₹73.2 million in the prior year.

*Adjusted Operating EBITDA excludes ESOP expenses of ₹8.2 million for FY26 and ₹0.5 million for FY25.

Quarterly Performance Review

In Q4FY26, the company reported revenue of ₹10.8 million, a significant increase from ₹7.1 million in Q4FY25. However, on a sequential basis, revenue decreased from ₹11.2 million in Q3FY26. The Adjusted Operating EBITDA for Q4FY26 was reported at a loss of ₹15.6 million, compared to a loss of ₹15.3 million in Q4FY25.

*Adjusted Operating EBITDA excludes ESOP expenses of ₹2.4 million for Q4FY26.

Investment and Operational Highlights

The fair value of the company's portfolio investments stood at approximately ₹726.8 million as of March 31, 2026. During the year, Xelpmoc executed a partial divestment of its investment in Mihup Communications Private Limited for a total consideration of ₹100 million, strengthening its liquidity. The company remains focused on building next-generation technology in Data Science, Artificial Intelligence, and Machine Learning, serving a range of clients from startups to established enterprises.

Promoter Jaison Jose confirmed that he and persons acting in concert have not created any encumbrance on shares of Xelpmoc Design & Tech as of March 31, 2026. This declaration ensures that no shares were pledged or otherwise charged directly or indirectly during the period, mitigating potential risks associated with promoter leverage.

The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to report any encumbrance of shares to maintain transparency regarding ownership structures.

Disclosure Details

The filing confirms that since no shares were encumbered, the promoter was not required to make any additional disclosures regarding share pledging during the financial year 2025-26. The document was digitally signed by Jaison Jose on April 04, 2026.