Intellect Design Arena Partners with Sampath Bank to Transform Corporate Banking in Sri Lanka

1 min read     Updated on 03 Feb 2026, 01:09 PM
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Ashish TScanX News Team
Overview

Intellect Design Arena Limited has formed a strategic alliance with Sampath Bank PLC to innovate corporate and SME banking services in Sri Lanka using the Emach.AI platform. The partnership focuses on three key areas: cash management, trade finance, and supply chain finance. This collaboration combines Intellect's technological expertise with Sampath Bank's local market presence to deliver enhanced digital banking solutions for corporate and small-to-medium enterprise customers in Sri Lanka.

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*this image is generated using AI for illustrative purposes only.

Intellect Design Arena Limited has entered into a strategic alliance with Sampath Bank PLC to transform corporate and SME banking services in Sri Lanka. The partnership aims to leverage advanced technology solutions to enhance banking operations and customer experience in the Sri Lankan market.

Strategic Partnership Overview

The collaboration between Intellect Design Arena Limited and Sampath Bank PLC focuses on implementing innovative banking solutions through the Emach.AI platform. This partnership represents a significant technological advancement for corporate and SME banking services in Sri Lanka, combining Intellect's fintech expertise with Sampath Bank's established market presence.

Partnership Details: Information
Technology Partner: Intellect Design Arena Limited
Banking Partner: Sampath Bank PLC
Platform: Emach.AI
Target Market: Sri Lanka
Focus Sectors: Corporate and SME Banking

Key Service Areas

The alliance will concentrate on three primary areas of banking innovation:

  • Cash Management Solutions: Advanced cash flow management and liquidity optimization services
  • Trade Finance: Streamlined international trade financing and documentation processes
  • Supply Chain Finance: Integrated financing solutions for supply chain operations

Technology Platform Integration

The Emach.AI platform will serve as the technological backbone for this partnership, enabling Sampath Bank to offer enhanced digital banking services to its corporate and SME clients. The platform is designed to provide comprehensive financial solutions that address the specific needs of businesses operating in the Sri Lankan market.

Market Impact

This strategic alliance positions both companies to capitalize on the growing demand for digital banking solutions in Sri Lanka's corporate sector. The partnership aims to deliver improved efficiency, enhanced customer experience, and innovative financial products tailored to the requirements of corporate and SME customers in the region.

Historical Stock Returns for Intellect Design Arena

1 Day5 Days1 Month6 Months1 Year5 Years
-3.20%-10.04%-16.61%-18.36%+1.12%+121.34%
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Intellect Design Arena Reports Q3FY26 Results, Board Appointments & Earnings Call

3 min read     Updated on 30 Jan 2026, 04:24 PM
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Reviewed by
Radhika SScanX News Team
Overview

Intellect Design Arena announced Q3FY26 financial results showing consolidated revenue growth to ₹7,313.84 million from ₹6,096.26 million year-over-year, though profit after tax declined to ₹274.20 million. The company made significant board appointments including re-appointment of Anil Kumar Verma as Whole-time Director and appointment of D. Shivakumar as Independent Director, both requiring shareholder approval. The earnings call recording has been made available on the company website for stakeholder access.

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Intellect Design Arena Limited has announced its unaudited financial results for the quarter ended December 31, 2025, along with key board appointments and made available the earnings call recording for investor access.

Financial Performance Overview

The company reported mixed financial performance for the third quarter of FY26. On a consolidated basis, revenue from operations stood at ₹7,313.84 million for the quarter ended December 31, 2025, representing growth from ₹6,096.26 million in the corresponding quarter of the previous year.

Financial Metric: Q3 FY26 (Consolidated) Q3 FY25 (Consolidated) Nine Months FY26 Nine Months FY25
Revenue from Operations: ₹7,313.84 million ₹6,096.26 million ₹21,911.62 million ₹17,740.98 million
Total Income: ₹7,529.86 million ₹6,248.00 million ₹22,762.87 million ₹18,284.97 million
Profit After Tax: ₹274.20 million ₹707.98 million ₹2,230.32 million ₹1,980.16 million
Basic EPS: ₹2.06 ₹5.11 ₹16.30 ₹14.44

For the nine months ended December 31, 2025, consolidated revenue from operations reached ₹21,911.62 million compared to ₹17,740.98 million in the corresponding period of the previous year.

Key Board Appointments

The Board of Directors approved significant management changes during their meeting held on January 30, 2026. The company announced the re-appointment of Mr. Anil Kumar Verma as Whole-time Director for a five-year term effective February 1, 2026, based on recommendations from the Nomination, Remuneration and Compensation Committee.

Appointment Details: Mr. Anil Kumar Verma Mr. D. Shivakumar
Position: Whole-time Director (Re-appointment) Additional Independent Director
Term: 5 years 5 years
Effective Date: February 1, 2026 January 30, 2026
DIN: 01957168 00364444
Approval Required: Shareholder approval via postal ballot Shareholder approval via postal ballot

Additionally, the board appointed Mr. D. Shivakumar as Additional Director designated as Independent Director for a five-year term. Both appointments require shareholder approval through postal ballot by Special Resolution.

Earnings Call Recording Available

Following the financial results announcement, the company conducted an Investors Earning Conference Call on January 30, 2026. The audio/video recording of the earnings call has been made available on the company's website for stakeholder access. This recording provides detailed insights into the quarterly performance and management commentary on business developments.

Call Details: Information
Date: January 30, 2026
Type: Investors Earning Conference Call
Availability: Company website
Purpose: Q3 FY26 earnings discussion

Leadership Profiles

Mr. Anil Kumar Verma brings over four decades of global professional experience to his role. A Bachelor of Electrical Engineering from IIT Delhi and Post-Graduate in Instructional Design from the University of Wollongong, Australia, he has been instrumental in strengthening the company's international presence, particularly in Australia. He is the brother-in-law of Mr. Arun Jain, Chairman and Managing Director of the company.

Mr. D. Shivakumar, commonly known as "Shiv", is currently associated with Advent International as Operating Partner. His extensive leadership experience includes roles as Group Executive President of Corporate Strategy at Aditya Birla Group, CEO at PepsiCo Holdings Private Limited in India, and CEO for emerging markets at Nokia. He holds degrees from IIT Madras, IIM Calcutta, and Wharton School of Business.

Exceptional Items and Regulatory Impact

The company reported exceptional items of ₹308.42 million on a consolidated basis for the quarter, related to the statutory impact of new Labour Codes. On November 21, 2025, the Government of India notified four Labour Codes consolidating 29 existing labour laws. The company assessed the incremental impact of these regulatory changes, resulting in additional gratuity provisions presented as exceptional items.

Corporate Governance

The financial results were recommended by the Audit Committee on January 29, 2026, and approved by the Board of Directors on January 30, 2026. The board meeting commenced at 11:00 AM IST and concluded at 3:20 PM IST. The results have been subject to limited review by statutory auditors MSKC & Associates LLP.

During the quarter and nine months ended December 31, 2025, the company allotted 149,812 and 463,693 equity shares respectively to employees under the Employee Stock Option Scheme. The total outstanding Employee Stock Options as at December 31, 2025 stood at 6,757,145.

Historical Stock Returns for Intellect Design Arena

1 Day5 Days1 Month6 Months1 Year5 Years
-3.20%-10.04%-16.61%-18.36%+1.12%+121.34%
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