Ceinsys Tech Limited , a leading IT services company, has reported financial results for the second quarter and half-year ended September 30, 2025, along with leadership changes, expansion plans, and details on its recent preferential issue.

Financial Performance

The company's consolidated financial results for Q2 FY26 show:

On a standalone basis, Ceinsys Tech reported:

Leadership Transitions

Ceinsys Tech announced key leadership changes:

1. Mr. Prashant Kamat has resigned as Director, Whole Time Director, and CEO (Vice Chairman), effective December 31, 2025, citing personal commitments.

2. Mr. Surej Kunhithayyil Poyil has stepped down as Whole Time Director, effective November 6, 2025. He will continue as a Non-Executive Director and CEO designate of the company.

Global Expansion Plans

The Board of Directors has granted in-principle approval for global expansion. Ceinsys Tech plans to establish a Wholly Owned Subsidiary in the Kingdom of Saudi Arabia, focusing on IT services.

Segment Performance

The company's financial results show performance across business segments:

1. Geospatial and Engineering Services: Revenue of ₹1,477.50 crore in H1 FY26.
2. Technology Solutions: Revenue of ₹1,716.20 crore for the same period.

Dividend Announcement

Ceinsys Tech has approved a dividend of ₹3.50 per equity share, as confirmed in the Annual General Meeting held on September 29, 2025.

Preferential Issue Update

Ceinsys Tech Limited has disclosed the status of funds raised through a preferential allotment of equity shares and convertible share warrants:

• The company raised ₹235.06 crores, slightly less than the originally approved ₹243.40 crores, as one proposed allottee did not avail shares worth ₹8.34 crores.
• The issue comprised 11,01,749 equity shares and 30,96,515 share warrants at ₹559.90 each to non-promoter allottees.
• Ceinsys Tech received ₹105.03 crores, including full consideration of ₹61.69 crores for equity shares and 25% consideration of ₹43.34 crores for share warrants.
• As of September 30, 2025, only ₹0.011 crores has been utilized for working capital purposes.
• The funds are allocated for:
  • Strategic business acquisitions/investments outside India (₹170.38 crores)
  • Expansion of existing business operations in India (₹48.68 crores)
  • Working capital (₹24.34 crores)
• ₹105 crores remains invested in term deposits, with ₹0.02 crores in a separate bank account.

The company's financial performance, expansion plans, leadership changes, and recent capital raise position Ceinsys Tech for continued growth in the IT services sector.

Ceinsys Tech , a leading technology solutions provider, has reported impressive financial results for the second quarter of the fiscal year, showcasing substantial growth across key metrics.

Financial Highlights

The company's performance for Q2 demonstrates significant year-over-year improvements:

Revenue Growth

Ceinsys Tech's revenue reached ₹1,600.00 crore in the second quarter, marking a substantial increase of 77.78% compared to ₹900.00 crore in the same period last year. This robust top-line growth reflects the company's strong market position and increased demand for its services.

Profitability Surge

The company's consolidated net profit more than doubled, surging to ₹257.00 crore from ₹116.50 crore in the corresponding quarter of the previous year. This 120.60% increase in net profit underscores Ceinsys Tech's ability to translate revenue growth into bottom-line results effectively.

EBITDA Performance

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a significant rise to ₹356.00 crore, up from ₹167.00 crore in the previous year's Q2. This represents a 113.17% year-over-year increase, indicating strong operational efficiency.

Margin Improvement

The EBITDA margin improved to 22.25% from 18.56% in the previous year, showing a notable expansion of 369 basis points. This margin improvement suggests enhanced operational efficiency and cost management.

Management Changes

In a separate development, the company announced key management changes:

1. Mr. Prashant Kamat has resigned from his positions as Director, Whole Time Director, and Chief Executive Officer (CEO), effective December 31, 2025.

2. Mr. Surej Kunhithayyil Poyil has stepped down from the role of Whole Time Director but will continue as a Non-Executive Director and CEO designate of the company.

Expansion Plans

Ceinsys Tech's Board of Directors has provided in-principle approval for expanding the company's operations globally by establishing a Wholly Owned Subsidiary in the Kingdom of Saudi Arabia (KSA). This move aims to strengthen the company's international presence in the Information Technology Services sector.

The strong financial performance, coupled with strategic management changes and expansion plans, positions Ceinsys Tech for continued growth and market expansion in the coming quarters.