SoftTech Engineers Limited has filed its Statement of Deviation and Variation for the quarter ended December 31, 2025, pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, dated February 12, 2026, covers the utilization of proceeds from two preferential issues and confirms no deviations in fund usage.

Fund Raising Details

The statement encompasses two separate preferential issues undertaken by the company:

Fund Utilization Summary

For the October 2022 preferential issue, the company has utilized funds across two primary objectives:

Regarding the December 2024 preferential issue, the company allocated Rs. 25,13,14,197 toward financing its business plan, expansion, and growth initiatives from the total raised amount of Rs. 40,01,39,190.

Regulatory Compliance and Approvals

The Audit Committee reviewed the statement during its meeting held on February 12, 2026, and noted the fund utilization details. Subsequently, the Board of Directors took the statement on record in their meeting conducted on the same date. The company confirmed that no monitoring agency oversight was required for either of the preferential issues.

Corporate Governance

The statement was digitally signed by Shalaka Khandelwal, Company Secretary, and authorized by Vijay Gupta, Managing Director, and Deepak Bang, Chief Financial Officer. The filing demonstrates the company's commitment to maintaining transparency in fund utilization and adhering to regulatory requirements.

SoftTech Engineers Limited, incorporated under CIN L30107PN1996PLC016718, operates from its registered office at SoftTech Towers, Baner Road, Pune, Maharashtra. The company maintains certifications including CMMi Level 3 and ISO 9001:2015, reflecting its commitment to quality standards in its operations.

SoftTech Engineers Limited , a pioneer in digital solutions for urban infrastructure and smart cities, has reported impressive financial results for the second quarter of fiscal year 2025-26. The company's performance demonstrates resilience and growth in a competitive market landscape.

Financial Highlights

SoftTech Engineers achieved a revenue of Rs 25.71 crore in Q2 FY2025-26, marking a significant 12% increase from Rs 22.93 crore in the same quarter of the previous fiscal year. This growth underscores the company's strong market position and increasing demand for its innovative solutions.

The company's financial performance for Q2 FY2025-26 is summarized in the following table:

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed a robust increase of 18.01% year-over-year, reaching Rs 7.60 crore. The EBITDA margin improved from 28.00% to 30.00%, indicating enhanced operational efficiency.

Profit After Tax (PAT) also saw a significant rise of 27.13%, increasing from Rs 1.29 crore in Q2 FY2024-25 to Rs 1.64 crore in Q2 FY2025-26. However, it's worth noting that the Earnings Per Share (EPS) decreased from Rs 0.36 to Rs 0.13, which may be due to factors such as an increase in the number of outstanding shares.

Order Book and Future Prospects

SoftTech Engineers has secured significant orders, further strengthening its market position:

1. Andhra Pradesh Capital Region Development Authority (APCRDA) order worth Rs 28.91 crore (including tax) for a duration of 5 years and 5 months.
2. Airports Authority of India (AAI) order valued at Rs 17.67 crore (including tax) for a 5-year period.

These new contracts have contributed to a robust order book of Rs 241.93 crore, providing visibility for future revenue streams. Additionally, the company is anticipating a potential Dubai-Oman order worth Rs 334 crore, which could significantly boost its international presence and order book further.

Conclusion

SoftTech Engineers' Q2 FY2025-26 results reflect the company's ability to capitalize on the growing demand for digital solutions in urban infrastructure and smart cities. The substantial increase in revenue, improved profitability, and a strong order book position the company well for sustained growth in the coming quarters.

Investors and stakeholders will likely keep a close watch on the potential Dubai-Oman order and the company's execution of its current projects, as these factors could play a crucial role in SoftTech's future performance and market valuation.