Tracxn Technologies Board Approves FY 2026 Financial Results and Key Appointments

Tracxn Technologies Board Approves FY 2026 Financial Results and Key Appointments​

Tracxn Technologies Limited announced several corporate governance and financial updates following its Board of Directors meeting on May 25, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, and formalized the re-appointment of the Internal Auditor, the appointment of the Statutory Auditor, and the addition of a new Non-Executive Independent Director.

Financial Performance and Audits​

The Company released its audited financial results, including the Statement of Assets and Liabilities as of March 31, 2026, and the Statement of Cash Flows for the year ended March 31, 2026.

According to the Statement of Assets and Liabilities:

Note: Cash and cash equivalents as at 31 March 2026 was reported as 1 to 6.85 Rs. Lakhs in the source document, but the Cash Flow Statement provided 186.85 Rs. Lakhs for the total amount at the end of the year.

Financial Results Overview (Year Ended March 31, 2026)​

The audited Statement of Financial Results for the year ended March 31, 2026, reported a Total Income of 9,014.07 Rs. Lakhs. Total expenses reached 9,071.43 Rs. Lakhs, resulting in a Total comprehensive income for the period of (798.10) Rs. Lakhs. The Basic Earnings Per Share (EPS) for the year was (0.73) Rs.

The Cash Flow Statement highlighted the following operational metrics for the year ended March 31, 2026:

• Net cash flow from operating activities: (329.68) Rs. Lakhs.
• Net cash flow from investing activities: 988.55 Rs. Lakhs.
• Net cash flow from financing activities: (835.94) Rs. Lakhs.
• Cash and cash equivalents at end of year: 186.85 Rs. Lakhs.

Governance and Statutory Appointments​

Internal and Statutory Auditors
The Board of Directors approved the re-appointment of M/s. SPR & Co, Chartered Accountants, as the Internal Auditors for the Financial Year 2026-27. The firm, which has offices across India, the United States, South Africa, Botswana, the UAE, and Sri Lanka, is a business and risk consulting firm with a staff strength of over 400 members.

Additionally, M/s. M S K C & Associates LLP, Chartered Accountants, was appointed as the Statutory Auditors of the Company. This appointment is for a period of five consecutive years, from the conclusion of the ensuing 14th Annual General Meeting until the conclusion of the 19th Annual General Meeting (AGM), covering the financial year 2030-31. M S K C & Associates LLP is an Indian Partnership firm registered with the Institute of Chartered Accountants of India (ICAI) and has offices in Chennai, Mumbai, Bengaluru, Hyderabad, Gurugram, Pune, and Kolkata.

Additional Director
The Board also approved the appointment of Mr. Akshay Bhushan (DIN: 07213022) as an Additional Director (Non-Executive Independent Director) for a term of five consecutive years, effective from May 25, 2026, to May 24, 2031, subject to shareholder approval. Mr. Bhushan is a Venture Capital investor with over 18 years of experience across the US, India, Middle East, and Southeast Asia startup ecosystems.

Corporate Committee Update
The Board of Directors also approved the dissolution of the Corporate Social Responsibility (CSR) Committee, noting that the provisions relating to CSR under Section 135 of the Companies Act, 2013, continue to remain not applicable to the Company.

Other Developments​

The Company's operations relate to only one reportable segment: Platform Subscription.

The financial results presented are in accordance with applicable accounting standards and the Company confirms the provision of the Unmodified Opinion on the Audited Financial Results for the financial year ended March 31, 2026.

The company utilized buybacks during the current financial year, completing the buyback and extinguishment of 1,066,666 equity shares at Rs. 75 per share.

TRACXN Stock Price Movement​

Today, Tracxn Technologies Limited shares rallied after hours, closing at ₹33.34, which marked a 2.34% gain for the day. The stock saw notable post-market activity, with 104,756 shares traded in the session.