TechD Cybersecurity Announces Financial Results for FY26, Confirms IPO Fund Utilization
TechD Cybersecurity Limited released its financial results for the half year and financial year ended March 31, 2026, detailing performance across its Information Technology and Cybersecurity Services segment. The company's Board of Directors approved the results, along with the utilization of proceeds from its Initial Public Offer (IPO).Financial Performance Highlights
The audited financial results show TechD Cybersecurity recording a total income of Rs. 3,497.57 lakhs for the half year ended March 31, 2026, up from Rs. 1,818.14 lakhs for the half year ended September 30, 2025.The consolidated financial results comparison is presented below (figures in Rs. Lakhs, except EPS):
| Particulars | Half Year Ended March 31, 2026 (Audited) | Half Year Ended September 30, 2025 (Unaudited) | Half Year Ended March 31, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) | Year Ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| I. Revenue from Operations | 3,362.62 | 1,818.14 | 1,691.56 | 5,180.76 | 2,979.52 |
| II. Other Income | 134.95 | 9.42 | 26.66 | 144.37 | 43.13 |
| III. Total Income (I + II) | 3,497.57 | 1,827.56 | 1,718.22 | 5,325.13 | 3,022.65 |
| Total Expenses | 2,428.54 | 977.57 | 1,297.39 | 3,406.11 | 2,019.26 |
| Profit before Tax | 1,069.03 | 849.99 | 420.83 | 1,919.02 | 1,003.39 |
| Profit for the Period/Year | 767.06 | 636.89 | 409.37 | 1,403.95 | 837.63 |
| Basic & Diluted EPS (Rs.) | 10.08 | 11.46 | 7.40 | 21.54 | 16.41 |
Balance Sheet and Cash Flow Analysis
The balance sheet reveals a significant growth trajectory for the company. Total Assets as of March 31, 2026, stood at Rs. 8,488.05 lakhs, compared to Rs. 2,908.07 lakhs at March 31, 2025. Total Shareholders' funds increased to Rs. 7,182.43 lakhs, up from Rs. 2,206.98 lakhs.Current assets amounted to Rs. 7,234.38 lakhs, driven by trade receivables of Rs. 1,934.52 lakhs and cash and bank balances of Rs. 4,309.92 lakhs.
In terms of cash flow, the Net Cash Flow from Operating Activities reached Rs. 854.78 lakhs for the year ended March 31, 2026, compared to Rs. 95.11 lakhs in the previous year. The total Net Cash Flow (A+B+C) for the period was Rs. 550.76 lakhs.
Corporate Developments and IPO Utilization
The company confirmed the incorporation of three subsidiary companies during the period:| Subsidiary Name | Date of Incorporation | Country of Incorporation | Shareholding |
|---|---|---|---|
| TECHD CYBERAGI PRIVATE LIMITED | April 18, 2026 | India | 51% |
| TECHDEFENCE CYBERSECURITY INC. | May 1, 2026 | Canada (Province of Ontario) | 100% (WOS) |
| TECHD GLOBAL IFSC PRIVATE LIMITED | May 4, 2026 | India (GIFT City, Gandhinagar, IFSC) | 99.99% (WOS) |
Regarding the utilization of funds raised through its Initial Public Offer (IPO), the company reported that out of the total IPO proceeds of Rs. 3,898.99 lakhs, an actual amount of Rs. 361.46 lakhs was utilized as of March 31, 2026. The remaining unutilized amount is Rs. 3,537.53 lakhs.
The allocation of IPO proceeds was utilized as follows:
| Objects of the Issue as per Offer Document | Amount Disclosed in Offer Document | Actual Utilized Amount Up to March 31, 2026 | Unutilized Amount Up to March 31, 2026 |
|---|---|---|---|
| Investment in Human Resources | 2609.23 | 28.99 | 2580.24 |
| Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad | 588.82 | - | 588.82 |
| General Corporate Purposes | 360.94 | 59.98 | 300.96 |
| Initial Public Offer (IPO) Related Expenses | 340 | 272.50 | 67.50 |
| Total | 3,898.99 | 361.46 | 3,537.53 |
The company confirmed that the IPO proceeds were used only for the stated objects, with no deviation. Furthermore, the company received a refund/credit of Goods and Services Tax (GST) amounting to 147.34 lakhs related to IPO-related expenses, which was adjusted against the utilized IPO proceeds.
TECHD Stock Price Movement
TechD Cybersecurity Limited shares today slipped by 1.41% to settle at ₹687.5. The stock recorded a total traded volume of 73,500 shares in the post-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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