Kellton Tech Solutions Limited has officially released the transcript of its Q3FY26 earnings conference call, held on February 13, 2026, in compliance with SEBI regulations. The company submitted the transcript to stock exchanges on February 17, 2026, under reference number KTSL/2025-2026/085.

Regulatory Compliance and Documentation

The earnings call transcript has been made available pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was digitally signed by Rahul Jain, Company Secretary and Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India.

Q3FY26 Financial Performance Highlights

During the earnings call, Chairman and Whole-Time Director Niranjan Chintam presented the company's financial results, showing consistent quarter-over-quarter growth across key metrics.

Nine-Month Performance and AI-Driven Growth

For the nine-month period, the company achieved revenue of ₹905 crores compared to ₹812 crores in the previous year, with EBITDA reaching ₹113 crores versus ₹99.5 crores. The management highlighted significant client wins across multiple sectors, with heavy emphasis on AI-driven solutions and modernization projects.

Strategic Client Acquisitions and Technology Partnerships

CEO Karanjit Singh detailed 11 major client wins during the quarter, including partnerships with global technology giants for cloud-native applications, legacy modernization projects involving four million lines of code conversion, and AI-orchestrated manufacturing workflows for heavy engineering leaders. The company has achieved Microsoft Solution Partner designation across three key areas: Data & AI, Digital & App Innovation, and Azure Infrastructure.

AI Productivity and Operational Efficiency

The management discussed productivity improvements of 20-30% in outcome-based projects through AI implementation, while acknowledging that many clients still restrict AI usage in time-and-material contracts. The company's proprietary KAI platform continues to drive automation in testing, documentation, and development processes.

Market Position and Future Outlook

Addressing concerns about the recent SaaS market volatility, the leadership emphasized that enterprise clients remain committed to established platforms rather than switching to newer AI alternatives. The company expects volume increases to offset efficiency gains, maintaining workforce levels while expanding client base from current 300 customers.

Kellton Tech Solutions Limited has announced a significant correction to a resolution passed at its Annual General Meeting (AGM) held on September 30, 2025. The company identified and rectified an inadvertent clerical error in the resolution regarding the approval for raising funds through Foreign Currency Convertible Bonds (FCCBs) on a private placement basis.

Key Points of the Correction

• Original Limit: INR 5 crore
• Corrected Limit: USD 50 million
• Nature of Error: Clerical
• Impact on Resolution: No change to intent or substance

The company has emphasized that this discrepancy was purely clerical in nature and does not affect the overall intent or substance of the resolution as approved by the shareholders.

Financial Context

To provide context for this fundraising decision, let's examine Kellton Tech's recent financial position based on their consolidated balance sheet data:

The company has shown significant growth across key financial metrics, with total assets increasing by 19.47% year-over-year to ₹789.00 crore in FY 2025. This growth, coupled with a 20.73% increase in total equity to ₹535.30 crore, suggests a strong financial foundation that could support the company's fundraising plans.

Implications of the Increased Fundraising Limit

The correction from INR 5 crore to USD 50 million represents a substantial increase in the potential fundraising capacity for Kellton Tech. This revised limit could provide the company with:

1. Enhanced financial flexibility
2. Increased capacity for strategic investments
3. Potential for accelerated growth and expansion

It's important to note that while the resolution allows for this increased limit, it does not necessarily mean the company will immediately raise the full amount. The actual utilization of funds will depend on market conditions, strategic opportunities, and the company's specific needs.

Conclusion

Kellton Tech Solutions' prompt identification and correction of this clerical error demonstrate the company's commitment to transparency and accurate disclosure. The significantly higher fundraising limit of USD 50 million, if fully utilized, could have a material impact on the company's future growth strategies and financial position. Investors and stakeholders should monitor future announcements for any updates on the company's plans to leverage this increased fundraising capacity through FCCBs.