Dynacons Systems & Solutions Limited showcased strong operational performance in its first-ever earnings call, reporting robust financial results for Q3 FY26 and nine-month period ended December 31, 2025. The IT system integrator and managed services provider demonstrated significant margin expansion while maintaining steady revenue growth across its core business segments.

Financial Performance Highlights

The company delivered impressive financial metrics during Q3 FY26, with notable improvements across key parameters:

For the nine-month period, the company reported revenues of INR1,022 crores with EBITDA reaching INR110 crores and margins improving to 10.7%. Net profit stood at INR66 crores, representing 21% year-on-year growth. The margin improvement reflects operating leverage, higher contribution from solutions and services, and a growing share of value-added offerings.

Strategic Business Developments

Dynacons achieved several significant milestones during the quarter, reinforcing its position as a leading India-focused IT system integrator. The company successfully went live with 38 banks under Core Banking as a Service, an initiative of NABARD for associated state and district cooperative banks. This achievement demonstrates the company's execution strength in mission-critical financial infrastructure programs.

The company secured multiple high-value projects across BFSI and public sector segments:

Order Book and Pipeline Strength

As of December 31, 2025, Dynacons maintained a robust order book of approximately INR2,389 crores, providing strong revenue visibility. Additionally, the company holds a substantial order pipeline of approximately INR3,083 crores, comprising opportunities across data center and cloud, networking, managed services, and workplace solutions. The order execution timeline ranges from immediate orders to projects spanning five years, with an average timeline of approximately two years.

Industry Recognition and Partnerships

The company received multiple industry accolades during the period, highlighting its market position and execution capabilities. Dynacons was awarded by Lenovo as 360 true scale DaaS growth partner of the year for Asia Pacific and recognized as HPE solution provider of the year 2025. The company was also honored as system integration partner of the year by Versa Networks and featured among India's leading ESG entities 2025 by Dun & Bradstreet.

Business Segment Performance

Managed services and annuity-based revenue currently represents approximately 21% of the company's overall revenue mix. Data center and cloud infrastructure projects, along with recurring managed services and As-a-Service engagements, continue to support profitability and improve revenue quality. The contribution from data center and cloud has grown from 14% to 37% over the years, reflecting the company's strategic focus on higher-margin solutions.

Market Outlook and Growth Strategy

Dynacons expects continued growth supported by increasing enterprise investments in AI-ready data centers and cloud infrastructure, heightened focus on cybersecurity and compliance, and ongoing digital transformation across BFSI and public sector enterprises. The company maintains a two-pronged strategy focusing on cross-selling opportunities within existing large enterprise accounts while simultaneously acquiring new large enterprise customers to build pipeline visibility.

Dynacons Systems & Solutions Limited has announced a strategic collaboration with Cygeniq Inc., a US-based AI-native cybersecurity firm, to deliver next-generation AI-driven cyber defense and AI governance solutions across India, Middle East, and the Asia-Pacific region. The partnership was announced on February 16, 2026, marking a significant expansion of the company's cybersecurity capabilities in high-growth markets.

Strategic Partnership Overview

The collaboration brings together Dynacons Systems & Solutions' strengths in security technology risk consulting, managed security services, and enterprise-scale delivery with Cygeniq's GenAI-powered cybersecurity platform and AI advisory capabilities. The partnership aims to help organizations improve cyber resilience, enhance compliance readiness, and proactively address rapidly evolving digital threats.

Comprehensive AI-Powered Security Portfolio

The combined portfolio addresses the growing need for intelligent, automated, and continuous protection as enterprises accelerate digitization and AI adoption. The collaboration will jointly offer solutions that enable organizations to apply AI for security while strengthening governance and controls for AI adoption at scale.

Core Solution Offerings

The partnership will deliver four key technology platforms:

• GRCortex AI: AI-enabled Governance, Risk, and Compliance (GRC) and policy-to-control enablement
• Hexashield AI: Adversarial automated red teaming and protection to validate security continuously
• CyberTiX AI: AI-driven cybersecurity intelligence for faster, context-aware risk decisions
• Specialized AI Advisory and Consulting Services: Strategy, governance, and implementation support for AI-led security transformations

Leadership Perspectives

According to Mr. Parag Dalal, Executive Director of Dynacons Systems & Solutions Limited, "Artificial Intelligence is redefining the future of cybersecurity. This collaboration with Cygeniq strengthens our AI-driven security capabilities and enables us to deliver intelligent, scalable, and future-ready cybersecurity solutions to enterprises and government organizations across India and the APAC region."

Mr. Prasenjit Saha, Founder and CEO of Cygeniq, stated: "Partnering with Dynacons allows us to extend the reach of our GenAI-enabled cybersecurity platform into high-growth markets. By combining Cygeniq's AI innovation with Dynacons' strong delivery and domain expertise, we aim to help organizations proactively manage cyber risks and build resilient digital ecosystems across India and APAC."

About the Partner Companies

Cygeniq Inc. is described as a pioneering cybersecurity firm and provider of the "World's First AI Security by AI Platform," offering a dual-powered approach of "Security for AI" and "AI for Security." The company operates through a proprietary Large Security Model (LSM) and Agentic AI, delivering a unified AISecDevOps experience.

Dynacons Systems & Solutions Limited is a 30-year-old IT company with headquarters in Mumbai and branches across India. The company maintains a large pool of technical resources present at more than 250 locations across India and holds industry-leading certifications including CMMI Level 5, ISO 9001, ISO 20000, and ISO 27000.