Systango Clarifies Working Capital Days: Operating Metric Stands at 38 Days for FY2025-26
Systango Technologies Limited has issued a clarification regarding the display of Working Capital Days (WCD) on certain third-party financial platforms. The company addressed reports showing WCD figures close to 311 days for the fiscal year 2025-26, providing detailed metrics to ensure investors receive accurate information about its operational efficiency.The confusion stems from the inclusion of short-term investments in the calculation performed by some external platforms. Systango Technologies clarified that these specific investments, totaling ₹67.64 crore and held as part of treasury management activities, do not represent the company's operating working capital cycle.
To reflect true operational performance, Systango provided key metrics relating to its net operating working capital. As of March 31, 2026, after excluding the aforementioned short-term investments, the Company’s net operating working capital stood at approximately ₹9.35 crore.
Based on this data and the revenue generated from operations totaling ₹90.38 crore for FY 2025-26, Systango Technologies determined that its operating Working Capital Days are approximately 38 days.
The company stated that it has engaged with the concerned platforms regarding the methodology used for the WCD calculation. A clarification was issued to ensure investors have accurate access to data concerning the Company's operational performance and working capital efficiency. The company expects the displayed metrics to be reviewed and corrected in due course.
SYSTANGO Stock Price Movement
Systango Technologies Limited shares slipped by 1.13% in today's post-market trading, settling at ₹231.05 after shedding ₹2.65. The equity recorded a total traded volume of 11,600 shares during the 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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