NewsEarningsSattrix Information Security Reports No Deviation in IPO Fund Utilization, Posts Strong H1 2025 ResultsSattrix Information Security Reports No Deviation in IPO Fund Utilization, Posts Strong H1 2025 Results
Sattrix Information Security Limited reported no deviations in IPO proceed utilization for the half-year ended September 30, 2025. The company raised Rs 21.78 crore, with Rs 15.32 crore utilized and Rs 6.46 crore invested in fixed deposits. Financial highlights include a 32.2% increase in revenue to Rs 2,862.15 lakh and a 665% growth in net profit to Rs 314.81 lakh. EPS rose to Rs 4.63 from Rs 0.67 year-over-year. The company modified its approach for new product technology development from in-house to outsourcing, aiming to expedite processes and optimize resources.
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Sattrix Information Security Limited , a leading player in the information security sector, has reported no deviations in the utilization of its Initial Public Offering (IPO) proceeds for the half-year ended September 30, 2025. The company also announced its unaudited financial results for the same period, showcasing robust growth.
IPO Fund Utilization
Sattrix raised Rs 21.78 crore through its IPO, with Rs 15.32 crore utilized and Rs 6.46 crore remaining unutilized as of September 30, 2025. The company has invested the unutilized amount in Axis Bank fixed deposits, ensuring prudent management of funds.
The fund allocation and utilization are as follows:
| Purpose | Allocation (Rs in Lakh) | Utilized (Rs in Lakh) |
|---|---|---|
| Furniture and Fixtures | 252.00 | 117.35 |
| IT Equipment | 218.00 | 75.98 |
| New Product Technology Development | 756.00 | 448.18 |
| Working Capital | 250.00 | 250.00 |
| General Corporate Purposes | 292.00 | 283.18 |
| Issue Related Expenditure | 198.00 | 198.00 |
| Total | 2,178.00 | 1,532.00 |
It's worth noting that the company modified its approach for new product technology development from in-house to outsourcing. This change, approved by shareholders through a special resolution via postal ballot in January 2025, aims to expedite the process and optimize resource allocation.
Financial Performance Highlights
For the half-year ended September 30, 2025, Sattrix Information Security reported impressive financial results:
- Revenue from Operations: Rs 2,862.15 lakh, up from Rs 2,164.78 lakh in the same period last year, marking a 32.2% increase.
- Net Profit: Rs 314.81 lakh, compared to Rs 41.15 lakh in H1 2024, showing a substantial 665% growth.
- Earnings Per Share (EPS): Rs 4.63, up from Rs 0.67 in the corresponding period of the previous year.
Consolidated Performance
On a consolidated basis, which includes its wholly-owned subsidiaries Sattrix Information Security INC and Sattrix Information Security DMCC, the company reported:
- Revenue from Operations: Rs 2,806.31 lakh
- Net Profit: Rs 200.52 lakh
- Earnings Per Share (EPS): Rs 2.95
Balance Sheet Strength
As of September 30, 2025, Sattrix's balance sheet reflects a strong financial position:
- Total Assets: Rs 6,050.94 lakh
- Shareholders' Funds: Rs 3,846.30 lakh
- Current Assets: Rs 4,419.75 lakh, including Rs 2,889.34 lakh in Trade Receivables and Rs 778.20 lakh in Cash & Cash Equivalents
The company's financial statements have been reviewed by A. N. Ruparel & Co., Chartered Accountants, who issued an unmodified opinion on the unaudited financial results.
Sattrix Information Security's performance demonstrates its ability to effectively utilize IPO funds while delivering strong financial results. The company's strategic shift in new product technology development and robust revenue growth indicate its adaptability and potential for future expansion in the competitive information security market.
Historical Stock Returns for Sattrix Information Security
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.66% | -0.81% | -19.50% | +21.28% | +70.26% | +62.48% |
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