Silver Touch Technologies Limited , a prominent player in the IT sector, has received a vote of confidence from Infomerics Valuation and Rating Limited, which has reaffirmed the company's credit ratings. This development comes against the backdrop of substantial financial growth for the company, as evidenced by its latest balance sheet figures.

Credit Ratings Reaffirmation

Infomerics Valuation and Rating Limited has maintained its ratings for Silver Touch Technologies' bank facilities:

The company has seen enhancements in its facility limits, indicating a potential for expanded operations or increased financial flexibility.

Financial Performance Highlights

An analysis of Silver Touch Technologies' balance sheet reveals impressive growth across key financial metrics:

The company's asset base has expanded significantly, with total assets growing by 40.11% year-over-year and an impressive 88.53% over the past five years. This growth is reflected across various asset categories, particularly in fixed assets, which have more than doubled over the past year.

Balanced Growth and Financial Health

Silver Touch Technologies has maintained a healthy balance between growth and financial stability:

• Current Assets to Liabilities Ratio: With current assets at Rs 164.80 crores and current liabilities at Rs 82.80 crores, the company maintains a strong liquidity position.
• Equity Growth: Shareholders' equity has increased by 20% year-over-year, reaching Rs 130.80 crores, indicating sustained profitability and investor confidence.
• Investment in Future Growth: The company has significantly increased its fixed assets, suggesting investments in infrastructure or technology to support future expansion.

Conclusion

The reaffirmation of Silver Touch Technologies' credit ratings by Infomerics Valuation and Rating Limited, coupled with the company's robust financial growth, paints a picture of a company on a strong upward trajectory. The enhanced facility limits suggest evolving financial strategies aligned with the company's growth plans.

As Silver Touch Technologies continues to strengthen its financial position, investors and stakeholders may view this as a positive indicator of the company's ability to capitalize on opportunities in the dynamic IT sector while maintaining financial prudence.

Silver Touch Technologies Limited , a leading end-to-end IT solutions company, has announced its unaudited financial results for the second quarter of fiscal year 2026, showcasing strong growth across key financial metrics.

Financial Highlights

The company reported impressive year-on-year growth in its Q2FY26 consolidated results:

Key Performance Drivers

Silver Touch Technologies' robust performance in Q2FY26 was driven by several factors:

1. Steady Execution in Domestic e-Governance Projects: The company continued to deliver strong results in its core e-Governance vertical.

2. Increased Traction from Overseas Subsidiaries: International operations, particularly in the UK, US, and Canada, contributed nearly 11% of total revenues.

3. Improved Operational Efficiency: The significant increase in EBITDA margin (390 bps YoY) reflects the company's focus on operational excellence and cost management.

4. Strong Project Mix: The company's strategic focus on high-value projects has contributed to margin expansion.

Major Project Wins

Silver Touch Technologies secured two significant contracts during the quarter:

1. Airports Authority of India: The company was awarded a contract to deploy secure communication and network monitoring systems across 15 airports, reinforcing its expertise in mission-critical infrastructure.

2. National Medical Commission (NMC): Appointed as Managed Service Provider (MSP) by the Ministry of Health and Family Welfare to modernize and operate NMC's nationwide digital ecosystem, advancing India's healthcare governance transformation.

Management Commentary

Vipul Haridas Thakkar, Chairman & Managing Director of Silver Touch Technologies Ltd., commented on the results: "Our Q2 FY26 performance underscores the strength of our business model and strategic focus on digital transformation and automation-led solutions. We continue to see healthy traction in the e-Governance and enterprise technology verticals, supported by a robust order pipeline and strong execution capabilities."

He added, "The recent mandates from the Airports Authority of India and the National Medical Commission reaffirm our position as a trusted technology partner for critical national infrastructure and governance projects. These strategic wins further validate our capabilities in delivering secure, scalable, and cloud-ready digital solutions across mission-critical domains."

Outlook

Silver Touch Technologies remains committed to driving sustainable, profitable growth through technological innovation, operational excellence, and customer-centric delivery across both domestic and international markets. The company's strong performance in Q2FY26, coupled with its strategic project wins, positions it well for continued growth in the coming quarters.

As the company continues to expand its presence in key verticals such as e-Governance and enterprise technology, investors and industry observers will be watching closely to see if Silver Touch can maintain its growth momentum and capitalize on the increasing demand for digital transformation solutions.