Globtier Infotech Submits Revised Financial Reports Following BSE Query

Globtier Infotech Limited , an IT company listed on the BSE SME platform, has submitted revised Limited Review Reports to the Bombay Stock Exchange (BSE) following a query regarding discrepancies in their consolidated results format. The company addressed the BSE's concern that the original format did not meet the standards prescribed by the Securities and Exchange Board of India (SEBI).

Financial Highlights

The revised reports shed light on Globtier Infotech's financial performance for the six months ended September 30, 2025. Key financial metrics include:

Particular	Standalone	Consolidated
Revenue from operations	4,218.19	4,239.35
Profit before Tax	457.00	429.65
Net Profit	340.37	313.28
Total Equity	4,908.81	4,878.47

All figures in Rs. lakhs

IPO Impact and Fund Utilization

Globtier Infotech completed its Initial Public Offering (IPO) in September 2025, which significantly bolstered its financial position. The company's total equity increased from Rs. 2,031.77 lakhs as of March 31, 2025, to Rs. 4,908.81 lakhs by September 30, 2025, on a standalone basis.

The IPO, which comprised a fresh issue of 38,11,200 shares and an offer for sale of 5,00,800 shares, was priced at Rs. 72 per share. The company raised net proceeds of Rs. 2,744.06 lakhs from the fresh issue. As of September 30, 2025, Globtier Infotech has utilized the IPO proceeds as follows:

Purpose	Amount Proposed	Amount Utilized	Unutilized Amount
Working Capital Requirements	1,150.00	905.00	245.00
Loan Repayment	830.00	830.00	0.00
General Corporate Purpose	409.06	0.00	409.06
IPO Issue Expenses	355.00	208.00	147.00
Total	2,744.06	1,943.00	801.06

All figures in Rs. lakhs

Subsidiary Performance

The consolidated financial results include the performance of Globtier Infotech's subsidiaries:

Botgo Technologies Private Limited (77.14% ownership):
- Total assets: Rs. 212.21 lakhs
- Revenue: Rs. 25.16 lakhs
- Net loss: Rs. 27.09 lakhs
Globtier USA LLC (99% ownership):
- Total assets: Rs. 0.89 lakhs
- No reported revenue or profit/loss

Auditor's Review

Sri Prakash & Co., the company's auditors, conducted a limited review of the financial statements. They stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.

Globtier Infotech's prompt response to the BSE query and the submission of revised reports demonstrate the company's commitment to regulatory compliance and transparent financial reporting. As the company navigates its post-IPO phase, investors and stakeholders will likely keep a close eye on how effectively it utilizes the raised funds and manages its growth strategy.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.10%	-3.33%	-8.11%	-47.00%	-47.00%	-47.00%

Globtier Infotech Limited (INE12P601017), a leading provider of customized IT and software solutions, has announced its unaudited financial results for the first half of the fiscal year 2026 (H1 FY26). The company, which recently made its debut on the BSE SME platform, has reported robust financial performance and strategic utilization of its IPO proceeds.

Financial Highlights

Globtier Infotech has demonstrated solid growth in its first reporting period as a listed entity. Here are the key financial metrics for H1 FY26:

Particulars (₹ in Lakh)	Consolidated H1 FY26	Consolidated H1 FY25	YoY Change
Revenue from Operations	4,239.35	4,128.12	+2.69%
EBITDA	742.19	586.51	+26.54%
EBITDA Margin	17.51%	14.21%	+330 bps
Profit After Tax (PAT)	313.28	299.35	+4.65%
PAT Margin	7.39%	7.25%	+14 bps
EPS (₹)	2.63	2.65	-0.75%

The company has shown improvement across most financial parameters, with a notable increase in EBITDA and EBITDA margin.

Strategic Deployment of IPO Proceeds

Globtier Infotech has been strategic in utilizing the funds raised through its initial public offering (IPO). Out of the total ₹27.44 crore raised, the company has deployed ₹19.43 crore as of September 30, 2025. The allocation of these funds is as follows:

₹9.05 crore for funding working capital requirements
₹8.30 crore for repayment/prepayment of loans
₹2.08 crore towards IPO-related expenses

This prudent allocation of funds aims to strengthen the company's financial position and support its growth initiatives.

Management Commentary

Mr. Rajiv Shukla, Chairman & Managing Director of Globtier Infotech Limited, commented on the H1 FY26 results: "The first half of FY26 has been a significant phase for the company, marking our debut as a listed entity on the BSE SME platform. This milestone reflects our steady progress and the confidence our investors have placed in our long-term strategy."

He further added, "During the period, we reported consolidated revenue of ₹4,239.35 lakh, supported by consistent demand across our IT solutions, software development, and SAP support services. Profit after tax stood at ₹313.28 lakh, reflecting balanced profitability and operational management. The successful completion of our IPO has further supported our financial stability."

Future Outlook

With a committed team, strong customer partnerships, and strategic clarity, Globtier Infotech appears well-positioned to achieve steady and long-term growth in the coming years. The company's focus on application development, managed IT services, and SAP support services continues to drive its business forward in a competitive market.

As Globtier Infotech Limited navigates its journey as a listed entity, investors and market watchers will be keen to observe how the company leverages its strengthened financial position and market presence to capitalize on opportunities in the dynamic IT solutions sector.