OnEMI Technology Solutions Announces Quarterly Results and Appoints Secretarial Auditor
OnEMI Technology Solutions Limited (formerly OnEMI Technology Solutions Private Limited) announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also approved the appointment of a new Secretarial Auditor at its Board meeting held on July 29, 2026.The unaudited results were reviewed by the Audit Committee, and statutory auditors provided an unmodified opinion on the limited review report for the consolidated financial results.
Financial Performance Highlights
The company reported the following key metrics during the quarter ended June 30, 2026:Consolidated Financial Results (Rs. in million)
| Particulars | Quarter Ended 30-Jun-26 (Unaudited) | Quarter Ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Unaudited) | Year Ended 31-Mar-26 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 6,695.00 | 6,193.46 | 4,631.04 | 21,882.16 |
| Total Income | 6,765.55 | 6,252.01 | 4,657.17 | 22,091.29 |
| Total Expenses | 5,488.54 | 5,149.59 | 3,859.67 | 18,324.45 |
| Profit before tax | 1,277.01 | 1,102.42 | 797.50 | 3,766.84 |
| Total Tax Expense | 326.24 | 280.59 | 200.13 | 952.32 |
| Profit after tax for the period | 950.77 | 821.83 | 597.37 | 2,814.52 |
| Total Comprehensive Income | 946.84 |
Standalone Financial Results (Rs. in million)
| Particulars | Quarter Ended 30-Jun-26 (Unaudited) | Quarter Ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Unaudited) | Year Ended 31-Mar-26 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 2,157.43 | 2,036.19 | 1,395.86 | 6,981.74 |
| Total Income | 2,273.15 | 2,145.20 | 1,472.52 | 7,343.03 |
| Total Expenses | 1,578.61 | 1,509.39 | 1,098.67 | 5,422.18 |
| Profit before tax | 694.54 | 635.81 | 373.85 | 1,920.85 |
| Total Tax Expense | 175.06 | 162.63 | 95.38 | 479.61 |
| Profit after tax for the period | 519.48 | 473.18 | 278.47 | 1,441.24 |
Key Corporate Developments and IPO Utilization
The company reported that its paid-up equity share capital increased to Rs. 168.48 million (Consolidated) following an Initial Public Offering (IPO). The IPO involved a fresh issue of 4,97,07,602 equity shares and an offer for sale of 44,39,788 equity shares, priced at Rs. 171 per share.The utilization of the Fresh Issue Proceeds, totaling Rs. 8,500.00 million during the reported quarter, is summarized as follows:
| Object(s) | Amount as per final offer document (Rs. in million) | Amount Utilized during the reported quarter (Rs. in million) | Total Unutilized amount at end of the quarter (Rs. in million) |
|---|---|---|---|
| Augmenting subsidiary capital base | 6,375.00 | 6,368.03 | 6.97 |
| General Corporate Purposes | 1,565.85 | 1,085.97 | 479.88 |
| Issue related expenses | 559.15 | 271.04 | 288.11 |
| Total | 8,500.00 | 7,725.04 | 774.96 |
The company also detailed several other corporate activities during the quarter:
- It incorporated a wholly owned subsidiary named "Invincible Minds Private Limited" on June 17, 2026, to handle distribution of mutual fund and other financial products.
- Si Creva Capital Services Private Limited issued and allotted 32,500 Secured, Rated, Listed, Redeemable, INR Denominated, 11% Non-Convertible Debentures aggregating to Rs. 325 crores on a private placement basis on July 13, 2026.
Secretarial Auditor Appointment
The Board of Directors approved the appointment of Ms. Ramadevi Satish Venigalla, Practicing Company Secretary, as the Secretarial Auditor of the company. The term of this appointment is five consecutive years, commencing from the financial year 2026-27 until financial year 2030-31, subject to shareholder approval at the ensuing Annual General Meeting. Ms. Satish Venigalla has over 20 years of experience in corporate laws and securities regulations.KISSHT Stock Price Movement
Today, OnEMI Technology Solutions Limited stock settled higher after the close, with shares gaining 0.35% to finish at ₹343.45. The equity saw robust trading, handling a volume of 1.09 million shares during the market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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