Tracxn Technologies Limited , a data and software platform for global private markets, has announced a significant action related to its Employee Stock Option Plan (ESOP) 2016. The company has allotted 149,737 equity shares under the plan.

Equity Share Allotment

• Number of Shares Allotted: 149,737 equity shares
• Exercise Price: Re. 1 per share
• Approval Body: Nomination and Remuneration Committee
• Plan: TRACXN Employee Stock Option Plan 2016

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital:

Terms of Allotment

The newly allotted shares will rank pari passu with the existing equity shares of the company, ensuring equal rights and benefits for all shareholders.

ESOP Details

• Plan Name: TRACXN Employee Stock Option Plan 2016 (ESOP 2016)

The allotment of equity shares under the ESOP scheme reflects Tracxn Technologies' ongoing strategy to attract and retain talent in the data and software industry.

Tracxn Technologies Limited , a leading data and software platform for global private markets, has reported its financial results for the second quarter of fiscal year 2026, showcasing modest revenue growth and significant customer account expansion.

Financial Performance

The company reported revenue from operations of Rs 21.20 crores for Q2 FY26, contributing to a total of Rs 42.40 crores for H1 FY26. This represents a year-on-year growth of 1%, indicating a steady performance in challenging market conditions.

Tracxn maintained profitability with a Profit After Tax (PAT) of Rs 1.60 crores for the quarter, translating to a PAT margin of 4%. The company's financial stability is further evidenced by its free cash flow of Rs 1.60 crores for H1 FY26, with cash equivalents standing at over Rs 90.00 crores.

Customer Growth and Market Expansion

A standout achievement for Tracxn this quarter was its remarkable customer account growth. The company saw a 41% year-on-year increase in customer accounts, reaching 2,143 by the end of Q2. This substantial expansion in its client base underscores the growing demand for Tracxn's services in the private market data sector.

International markets continued to play a significant role in Tracxn's business, with 56% of total revenue in H1 FY26 coming from international sources, spanning over 50 countries. The company's global reach highlights its strong position in the international private market data industry.

Strategic Initiatives

Tracxn has implemented several strategic initiatives to drive growth and enhance its market position:

1. Vertical Teams: The company launched multiple vertical teams for different customer segments, allowing for more focused and specialized service delivery.

2. India Business Unit Growth: The India business unit showed promising results with a 16% revenue growth, indicating strong performance in the domestic market.

3. North American Expansion: Tracxn entered into a partnership with TMX Datalinx, aimed at expanding its presence in the North American market. This collaboration is expected to accelerate customer acquisition and increase market share in the region.

4. AI-Driven Data Production: The company continues to invest in AI-driven data production, enhancing efficiency and expanding its regulatory datasets.

Outlook

While the overall revenue growth remains modest, Tracxn's significant increase in customer accounts and strategic initiatives position it well for future growth. The company's focus on international expansion, particularly in North America through the TMX Datalinx partnership, along with its continued investment in AI and data production, suggest a strong foundation for potential acceleration in revenue growth in the coming quarters.

Neha Singh, Chairperson and Managing Director of Tracxn Technologies, commented during the earnings call, "We are excited about our customer growth and the strategic initiatives we've undertaken. Our partnership with TMX Datalinx and the expansion of our vertical teams are expected to drive growth, particularly in key international markets."

As Tracxn Technologies continues to navigate the evolving landscape of private market data, investors and industry observers will be watching closely to see how these strategic moves translate into financial performance in the coming quarters.