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SoftTech Engineers Limited Audit Report / Information 2026
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Audit Report / Information
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SoftTech®
Empowering Transformation
Date: May 26, 2026
To,
| National Stock Exchange of India Limited | BSE Limited |
|---|---|
| “Exchange Plaza”, C-1, Block – G | Floor 25, Phiroze Jeejeebhoy Towers |
| Bandra – Kurla Complex | Dalal Street, |
| Bandra (East), Mumbai – 400051 | Mumbai – 400001 |
| Symbol: SOFTTECH | Scrip Code: 543470 |
Subject : Outcome of Board Meeting held on Tuesday, May 26, 2026
Reference : Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(“Listing Regulations”)
Dear Sir/ Madam,
This is to intimate that the Board of Directors of the Company have, in its meeting held on Tuesday, May 26, 2026 which commenced at 03.00 pm and concluded at 05.00 pm have considered and approved the following:
-
The Board of Directors considered and approved Audited (Standalone and Consolidated) Financial Results of the Company for the quarter and year ended on March 31, 2026. Accordingly, we are submitting herewith the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026 along with the Auditors' Report and declaration in respect of an unmodified opinion on the Audited Financial results, enclosed as "Annexure-A".
-
Statement on deviation or variation for proceeds of public issue, rights Issue, preferential issue, qualified institutions placement etc. for the quarter ended March 31, 2026, is enclosed as "Annexure-B".
1
SoftTech Engineers Limited
CMMi/3, ISO 9001: 2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
www.softtechglobal.com
SoftTech®
Empowering Transformation
- Appointment of Ms. Aadishri Apte as Company Secretary and Compliance Officer and Nodal Officer of the Company.
On the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held today i.e. on May 26, 2026 have approved the appointment of Ms. Aadishri Apte (ICSI Membership No.: A60642) as Company Secretary, Compliance Officer, and Nodal officer of the Company, effective from May 26, 2026.
The details as required under Regulation 30 of Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as “Annexure-C”.
- Approval for recommendation for re-appointment of P G Bhagwat LLP, Chartered Accountants (FRN: 101118W/W100682) as Statutory Auditors of the Company for next 5 years.
The Audit Committee and the Board of Directors of the Company at its meeting held today i.e. on May 26, 2026, recommended the re-appointment of P G Bhagwat LLP, Chartered Accountants (FRN: 101118W/W100682) as the Statutory Auditors of the Company to hold the office for a term of 5 (five) consecutive years from the conclusion of the 30th Annual General Meeting (AGM) of the Company to be held in the year 2026 till the conclusion of the 35th AGM to be held in the year 2031, subject to approval of the Members of the Company.
The details as required under Regulation 30 of the Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time, are enclosed herewith and marked as “Annexure-D”.
SoftTech Engineers Limited
CMMi/3, ISO 9001: 2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
SoftTech®
Empowering Transformation
- Appointment of M/s. Sharp & Tannan Associates, Chartered Accountants (FRN: 109983W), as Internal Auditors of the Company for the financial year 2026-2027.
On the recommendation of the Audit Committee, the Board of Directors at their meeting held today i.e. on May 26, 2026, have approved the appointment of M/s. Sharp & Tannan Associates, Chartered Accountants (FRN: 109983W) as Internal Auditors, for the Financial Year 2026-27.
The details as required under Regulation 30 of the Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time, are enclosed herewith and marked as “Annexure-E”.
Kindly take the same on record.
Thanking you,
Yours Sincerely,
FOR SOFTTECH ENGINEERS LIMITED
VIJAY
SHANTISWAR
UP GUPTA
VIJAY GUPTA
MANAGING DIRECTOR & CEO
DIN: 01653314
Encl: As above
SoftTech Engineers Limited
CMMi/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
" ANNEXURE-A "
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
HEAD OFFICE
Suites 102, 'Orchard'
Dr. Pai Marg, Baner, Pune - 45
Tel (O): 020 - 27290771/1772/1773
Email: [email protected]
Web: www.pgbhagwatca.com
INDEPENDENT AUDITORS' REPORT
To
The Board of Directors of SoftTech Engineers Limited
Report on the audit of the Standalone Financial Results
Opinion
We have audited the accompanying Standalone Financial Results of SoftTech Engineers Limited (“the Company”) for the year ended March 31, 2026, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).
In our opinion and to the best of our information and according to the explanations given to us, these Standalone Financial Results:
i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for the year ended March 31, 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Standalone Financial Results under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Board of Director’s Responsibilities for the Standalone Financial Results
The Company’s Board of Directors are responsible for the preparation and presentation of these Standalone Financial Results that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the accounting principles generally accepted in India including the Indian Accounting Standards (Ind AS) specified under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015, as amended and in compliance with Regulation 33 of the Listing Regulations.
Offices at: Mumbai | Kolhapur | Belagavi | Dharwad | Bengaluru
Page 1 of 3
SEL_Standalone_Audit Report_SEBI_25-26
Page 2 of 3
SEL_Standalone_Audit Report_SEBI_25-26
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Standalone Financial Results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit.
We also:
- Identify and assess the risks of material misstatement of the Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
- Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our
Page 3 of 3
SEL_Standalone_Audit Report_SEBI_25-26
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the Standalone Financial Results, including the disclosures, and whether the Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
The quarterly Standalone Financial Results for the period ended March 31, 2026 are the derived figures between the audited figures in respect of the year ended March 31, 2026 and the published year-to-date figures up to December 31, 2025, being the date of the end of the third quarter of the current financial year, which were subjected to limited review as required under Listing Regulations. Our opinion is not modified in respect of the above matter.
For P G BHAGWAT LLP
Chartered Accountants
Firm Registration Number: 101118W/W100682
Abhijeet Bhagwat
Partner
Membership Number: 136835
UDIN: 261368350TGBMW2803
Pune
May 26, 2026
PGBHAGWATLLP
Chartered Accountants
LLPIN: AAT-9949
HEAD OFFICE
Suites 102, 'Orchard'
Dr. Pai Marg, Baner, Pune - 45
Tel (O): 020-27290771/1772/1773
Email: [email protected]
Web: www.pgbhagwatca.com
INDEPENDENT AUDITORS' REPORT
To
The Board of Directors of SoftTech Engineers Limited
Report on the Audit of Consolidated Financial Results
Opinion
We have audited the accompanying Consolidated Financial Results of SoftTech Engineers Limited (hereinafter referred to as the "Holding Company"), its Subsidiaries (Holding Company and its Subsidiaries together referred to as "the Group") for the year ended March 31, 2026, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of reports of other auditors on separate financial statements and on the other financial statements/financial information prepared by the management these Consolidated Financial Results:
a. include the results of the following entities
Subsidiaries
i. SoftTech Engineers Inc.
ii. SoftTech Finland Oy
iii. AmpliNxt Private Limited
iv. SoftTech Government Solutions Inc (step down subsidiary)
v. Softech Digital Pte. Limited
vi. SoftTech Digital Software LLC (Dubai) (step down subsidiary)
vii. SoftTech Digital Solutions Limited (UK)
viii. Envee Information Technology Pvt Ltd
ix. SoftTech Digital AG
b. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
c. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of net profit and other comprehensive income and other financial information of the Group for the year ended March 31, 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("Act"). Our responsibilities under those Standards are further described
Offices at: Mumbai | Kolhapur | Belagavi | Dharwad | Bengaluru
Page 1 of 4
SEL_Consolidated_Audit Report_SEBI_25-26
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group and its in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
We believe that the audit evidence obtained by us and by the other auditors and by the other information referred to in the "Other Matter" paragraph, is sufficient and appropriate to provide a basis for our opinion.
Board of Directors' Responsibilities for the Consolidated Financial Results
The Holding Company's Board of Directors are responsible for the preparation and presentation of these Consolidated Financial Results that give a true and fair view of the net profit and other comprehensive income and other financial information of the Group in accordance with the accounting principles generally accepted in India including the Indian Accounting Standards (Ind AS) specified under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015, as amended and in compliance with Regulation 33 of the Listing Regulations.
The respective Board of Directors of the companies in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the companies in the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Consolidated Financial Results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the Consolidated Financial Results by the Directors of the Holding Company, as aforesaid.
In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the companies in the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the companies in the Group or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the companies in the Group are responsible for overseeing the financial reporting process of the companies in the Group.
Auditors' Responsibilities for the Audit of the Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit.
Page 2 of 4
SEL_Consolidated_Audit Report_SEBI_25-26
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
We also:
-
Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances but not for the purposes of expressing an opinion on the effectiveness of the Group's internal control.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
-
Conclude on the appropriateness of the Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Consolidated Financial Results of which we are the independent auditors.
We communicate with those charged with governance of the Holding Company and other companies included in the Consolidated Financial Results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, if and to the extent applicable.
Page 3 of 4
SEL_Consolidated_Audit Report_SEBI_25-26
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
Other Matters Paragraphs
i. The Consolidated Financial Results include the financial results/financial information of four subsidiaries which have not been audited by us, whose financial results/financial information reflect total assets of Rs. 152.45 Lakhs as at March 31, 2026, revenues from operations of Rs 148.97 Lakhs, total comprehensive income (comprising of profit and other comprehensive income) of Rs. (157.70) Lakhs and net cash outflows of Rs. 2.55 Lakhs, for the year ended as on that date. The financial results/financial information of these subsidiaries are management drawn. According to the information and explanations given to us by the management and in our opinion, these financial results/financial information are not material to the Group.
ii. We did not audit the financial statements/results/information of two subsidiaries included in the Consolidated Financial Results, whose financial statements/results/information reflect total assets of Rs. 261.50 Lakhs as at March 31, 2026, revenues from operation of Rs. 428.18 Lakhs, total comprehensive income (comprising of profit/ (loss) and other comprehensive income/ (loss) of Rs. 36.94 Lakhs and net cash inflows of Rs. 11.64 Lakhs, for the year ended as on that date. These financial statements/results/information have been audited by other auditors whose reports have been furnished to us by the Management and our opinion on the Consolidated Financial Results, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors.
iii. The quarterly Consolidated Financial Results for the period ended March 31, 2026 are the derived figures between the audited figures in respect of the year ended March 31, 2026 and the published year-to-date figures up to December 31, 2025, being the date of the end of the third quarter of the current financial year, which were subjected to limited review as required under Listing Regulations. Our opinion is not modified in respect of the above matter.
Our opinion on the Consolidated Financial Results is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the Financial Results/financial information certified by the Board of Directors.
For P G BHAGWAT LLP
Chartered Accountants
Firm Registration Number: 101118W/W100682
Abhijeet Bhagwat
Partner
Membership Number: 136835
UDIN: 26136835SPELFSS881
Pune
May 26, 2026
Page 4 of 4
SEL_Consolidated_Audit Report_SEBI_25-26
SoftTech Engineers Limited
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, S.No. 1/1A/7 8 15 16 17, Plot No. B.C,D, 1-Baner,
Opp. Royal Enfield Showroom, Baner Road, Pune: 411045.
Website: www.softtech-engr.com, Email: [email protected], Telephone: +91 (20) 67183711
STATEMENT OF AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2026
(Rs. in lakhs)
| Particulars | Quarter ended | Year ended | Year ended | ||
|---|---|---|---|---|---|
| March 31 2026 | December 31 2025 | March 31 2026 | March 31 2026 | March 31 2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| Income | |||||
| Revenue from operations | 4,555.20 | 3,125.07 | 2,986.46 | 12,829.94 | 9,335.78 |
| Other income | 160.91 | 107.22 | 131.56 | 549.09 | 290.59 |
| Total Income | 4,716.11 | 3,232.29 | 3,118.02 | 13,379.03 | 9,626.37 |
| Expenses | |||||
| Purchase of stock-in-trade | 422.62 | 929.88 | 819.64 | 2,086.91 | 1,807.24 |
| Changes in inventories of stock in trade | - | (291.65) | (125.43) | (166.22) | (125.43) |
| Employee benefit expenses | 606.72 | 835.15 | 592.64 | 2,752.62 | 2,411.52 |
| Finance cost | 89.82 | 101.63 | 104.88 | 407.30 | 490.42 |
| Depreciation and amortization expenses | 585.95 | 566.08 | 430.19 | 2,281.94 | 1,632.70 |
| Other expenses | 2,479.94 | 786.80 | 1,159.99 | 4,717.55 | 2,729.61 |
| Total Expenses | 4,185.05 | 2,927.89 | 2,981.92 | 12,080.10 | 8,946.05 |
| Profit before tax and exceptional item | 531.06 | 304.40 | 136.10 | 1,298.93 | 680.32 |
| Exceptional item (Refer Note 6) | - | - | 77.50 | - | 77.50 |
| Profit before tax | 531.06 | 304.40 | 58.60 | 1,298.93 | 602.82 |
| Tax expense | |||||
| Current Tax | 60.02 | 168.78 | 48.92 | 455.53 | 280.56 |
| Deferred Tax | 68.30 | (91.80) | 41.46 | (114.09) | (37.78) |
| Short/(Excess) provision for previous years | - | - | (53.97) | - | (53.97) |
| Total tax expense | 128.32 | 76.96 | 36.41 | 341.44 | 188.81 |
| Profit after tax [A] | 402.74 | 227.42 | 22.20 | 957.49 | 414.00 |
| Other comprehensive income | |||||
| Items that will not be reclassified to profit or loss | |||||
| Remeasurements of post employment benefit obligations | 13.37 | (6.42) | (8.31) | (1.98) | (20.53) |
| Changes in fair value of equity investment at FVOCI | (331.08) | - | - | (331.08) | - |
| Income tax relating to these items | 15.82 | 1.62 | 4.72 | 19.69 | 15.70 |
| Other comprehensive income for the year, net of tax [B] | (301.89) | (4.80) | (3.59) | (313.37) | (4.83) |
| Total comprehensive income for the year [A+B] | 100.85 | 222.61 | 18.61 | 644.12 | 409.18 |
| Earnings per share of face value Rs. 10/- per share (not annualised for the quarter) | |||||
| Basic earnings per share | 2.91 | 1.64 | 0.16 | 6.93 | 3.16 |
| Diluted earnings per share | 2.90 | 1.64 | 0.16 | 6.91 | 3.15 |
Vijay Gupta
Chairman and Managing Director
DIN: 01653314
Place: Pune
Date: 26 May 2026
SoftTech Engineers Limited
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, S.No. 1/1A/7 8 15 16 17, Plot No. B,C,D, 1-Baner,
Opp. Royal Enfield Showroom, Baner Road, Pune: 411045.
Website: www.softtech-engr.com, Email: [email protected], Telephone: +91 (20) 67183711
AUDITED STANDALONE STATEMENT OF ASSET AND LIABILITIES
(Rs. in lakhs)
| Particulars | As at | As at | ||
|---|---|---|---|---|
| March 31 2026 | March 31 2025 | |||
| Audited | Audited | |||
| ASSETS | ||||
| Non-current assets | ||||
| Property, plant and equipment | 360.28 | 302.82 | ||
| Right-of-use assets | 626.60 | 698.84 | ||
| Other intangible assets | 7,065.24 | 5,797.39 | ||
| Intangible assets under development | 1,956.46 | 1,614.06 | ||
| Financial assets | ||||
| Investments | 2,868.95 | 1,829.04 | ||
| Other financial assets | 1,269.71 | 1,412.16 | ||
| Contract assets | 72.79 | 35.33 | ||
| Income tax assets (net) | 7.97 | 23.31 | ||
| Deferred tax assets (net) | 382.71 | 248.93 | ||
| Other non-current assets | 110.22 | 40.95 | ||
| Total non-current assets | 14,720.94 | 12,002.83 | ||
| Current assets | ||||
| Inventories | 291.65 | 125.43 | ||
| Financial assets | ||||
| Investments | 280.46 | 412.16 | ||
| Trade receivables | 3,454.55 | 4,383.68 | ||
| Cash and cash equivalents | 115.74 | 77.94 | ||
| Bank balance other than above | 2,014.87 | 3,436.09 | ||
| Other financial assets | 237.31 | 184.41 | ||
| Contract assets | 5,278.93 | 5,144.55 | ||
| Other current assets | 488.63 | 105.63 | ||
| Total current assets | 12,082.14 | 13,869.88 | ||
| Total assets | 26,803.08 | 25,872.71 | ||
| EQUITY AND LIABILITIES | ||||
| Equity | ||||
| Equity share capital | 1,384.21 | 1,380.71 | ||
| Other equity | 17,315.50 | 16,593.44 | ||
| Total Equity | 18,699.71 | 17,974.15 | ||
| LIABILITIES | ||||
| Non-current liabilities | ||||
| Financial Liabilities | ||||
| Borrowings | 346.06 | 601.71 | ||
| Lease liabilities | 572.96 | 647.53 | ||
| Other non-current liabilities | 240.00 | |||
| Provisions | 352.60 | 194.42 | ||
| Total non-current liabilities | 1,511.52 | 1,443.66 | ||
| Current Liabilities | ||||
| Financial Liabilities | ||||
| Borrowings | 2,826.90 | 2,840.79 | ||
| Lease liabilities | 136.54 | 100.84 | ||
| Trade payables | ||||
| Total outstanding dues of micro and small enterprises | 259.63 | 112.43 | ||
| Total outstanding dues of creditors other than micro and small enterprises | 1,088.37 | 1,936.37 | ||
| Other financial liabilities | 1,667.51 | 1,108.41 | ||
| Other current liabilities | 392.14 | 226.16 | ||
| Provisions | 164.17 | 94.43 | ||
| Current tax liabilities (net) | 56.58 | 35.47 | ||
| Total current liabilities | 6,591.85 | 6,454.90 | ||
| Total liabilities | 8,103.37 | 7,898.57 | ||
| Total equity and liabilities | 26,803.08 | 25,872.71 |
Vijay Gupta
Chairman and Managing Director
DIN: 1653314
Place: Pune
Date: 26 May 2026
SoftTech Engineers Limited
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, S.No. 1/1A/7 8 15 16 17, Plot No. B,C,D, 1-Baner.
Website: www.softtech-engr.com, Email: [email protected], Telephone: +91 (20) 67183711
AUDITED STANDALONE STATEMENT OF CASHFLOW FOR THE YEAR ENDED 31ST March 2025
(Rs. In lakhs)
| Particulars | Year ended | |
|---|---|---|
| March 31 2026 | March 31 2025 | |
| Audited | Audited | |
| Cash flow from operating activities | ||
| Net profit before tax | 1,298.93 | 602.82 |
| Adjustments for | ||
| Depreciation and amortisation expense | 2,281.94 | 1,632.70 |
| Impairment of investments | - | 74.05 |
| Provision for other receivable | - | 3.46 |
| Provision for doubtful debts net of reversal/ debit balances written off | 1,297.75 | 278.86 |
| Provision for doubtful deposits | - | 10.57 |
| Changes in fair value of financial assets at fair value through profit or loss | (15.49) | (29.38) |
| Gain on sale of investment | (2.81) | (22.13) |
| Unwinding of discount on security deposits | (7.34) | (2.91) |
| Interest income classified as investing cash flows | (346.93) | (199.90) |
| Interest on income tax refund | - | - |
| Finance cost | 407.30 | 490.42 |
| Profit on sale of asset | - | (0.67) |
| Net exchange differences | (169.99) | (24.08) |
| Credit balance written back | - | (1.60) |
| Sundry Balances written off | - | - |
| Employee stock option plan | 77.94 | 133.52 |
| Cash generated from operations before working capital changes | 4,821.31 | 2,945.72 |
| Change in operating assets and liabilities | ||
| (Increase)/Decrease in trade receivables | 612.94 | 115.94 |
| Increase/(Decrease) in trade payables | (700.79) | 1,032.18 |
| (Increase)/Decrease in contract assets and inventories | (1,271.83) | (603.35) |
| (Increase)/Decrease in other current asset | (303.00) | (34.80) |
| (Increase)/Decrease in other financial assets | (69.51) | 22.85 |
| Increase/(Decrease) in other non current assets | (69.28) | (35.08) |
| Increase/(Decrease) in other financial liabilities | 13.93 | 64.25 |
| Increase/(Decrease) in provisions | 225.85 | 42.14 |
| Increase/(Decrease) in other current liabilities | 406.01 | (178.78) |
| Cash generated from operations | 3,665.63 | 3,371.07 |
| Income taxes paid | (419.08) | (320.51) |
| Net cash generated from operating activities | 3,246.55 | 3,050.56 |
| Cash flows from investing activities | ||
| Payments for property, plant and equipment | (205.86) | (91.18) |
| Sale of property, plant and equipment | - | 1.17 |
| Payments for intangibles assets | (3,049.90) | (3,444.01) |
| Purchase of long term investment | - | (343.07) |
| Redemption of Investment in mutual funds (net) | 150.00 | 620.00 |
| Investment in Subsidiary | (1,197.95) | - |
| Interest income | 311.03 | 59.90 |
| Investment in fixed deposits with banks | 1,572.76 | (3,528.89) |
| Loans to employees and related parties | - | - |
| Net cash (used in) investing activities | (2,419.92) | (6,726.07) |
| Cash flows from financing activities | ||
| Proceeds from issues of shares/warrants | 3.50 | 4,001.39 |
| Proceeds from long term borrowings | 932.75 | 1,137.00 |
| Repayment of long term borrowings | (709.98) | (729.90) |
| Net change in short term borrowings | (492.32) | (100.70) |
| Lease payments | (179.12) | (155.10) |
| Dividend Transfer to Shareholders Education Fund | (0.10) | - |
| Interest paid | (343.57) | (428.05) |
| Net cash generated from financing activities | (788.84) | 3,724.63 |
| Net increase/ (decrease) in cash and cash equivalents | ||
| Cash and cash equivalents at the beginning of the financial year | 37.79 | 49.12 |
| Effects of exchange rate changes on cash and cash equivalents | 77.94 | 28.82 |
| Cash and cash equivalents at the end of the period | 115.74 | 77.94 |
Vijay Gupta
Chairman and Managing Director
DIN: 01653314
Place: Pune
Date: 26 May 2025
SoftTech Engineers Limited
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, S.No. 1/1A/7 8 15 16 17. Plot No. B,C,D, 1-Baner,
Opp. Royal Enfield Showroom, Baner Road, Pune: 411045.
Website: www.softtech-engr.com, Email: [email protected], Telephone: +91 (20) 67183711
AUDITED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 31 MARCH 2026
(Rs. in lakhs)
| Particulars | Year Ended | Year ended |
|---|---|---|
| March 31 2026 | March 31 2026 | |
| Audited | Audited | |
| Cash flow from operating activities | ||
| Net profit before tax | 892.87 | 327.11 |
| Adjustments for | ||
| Depreciation and amortisation expense | 2,282.84 | 1,033.60 |
| Provision for doubtful debts net of reversal/ debit balances written off | 1,297.87 | 282.67 |
| Fair value gain on investments classified at FVTPL | (2.81) | (22.13) |
| Gain on sale of investment | (15.49) | (29.38) |
| Remeasurements of post employment benefit obligations (net of tax) | - | - |
| Profit on sale of asset | - | (0.67) |
| Unwinding of discount on security deposits | (7.34) | (2.91) |
| Non controlling interest | - | - |
| Interest income classified as investing cash flows | (290.71) | (151.73) |
| Finance cost | 407.30 | 490.42 |
| Share based payment expense | 77.94 | 133.52 |
| Excess provision/credit balances written back | - | (1.60) |
| Net foreign exchange differences | (29.17) | (6.66) |
| Cash generated from operations before working capital changes | 4,613.10 | 2,662.58 |
| Change in operating assets and liabilities | ||
| (Increase)/ Decrease in trade receivables | 560.18 | 80.86 |
| Increase/ (Decrease) in trade payables | (712.87) | 1,054.66 |
| (Increase) / Decrease in inventory | - | - |
| (Increase)/Decrease in contract assets | (1,271.83) | (664.36) |
| (Increase)/ Decrease in other current asset | (312.19) | (28.61) |
| (Increase)/ Decrease in other financial assets | (28.13) | 10.64 |
| (Increase)/ Decrease in other non current assets | (69.13) | (35.08) |
| Increase/ (Decrease) in other financial liabilities | 119.86 | 113.12 |
| Increase/(Decrease) in provisions | 264.91 | 42.14 |
| Increase/(Decrease) in other current liabilities | 403.32 | (169.11) |
| - | - | - |
| Cash generated from operations | 3,567.24 | 3,126.85 |
| Income taxes paid | (440.86) | (331.31) |
| Net cash generated from operating activities | 3,126.39 | 2,795.55 |
| Cash flows from investing activities | ||
| Payments for property, plant and equipment | (206.98) | (88.81) |
| Proceeds from sale of property, plant and equipment | - | 1.17 |
| Payments for intangibles development costs | (3,049.89) | (3,447.30) |
| Payment for acquisition of subsidiary | (58.31) | (0.96) |
| Net Investment in mutual funds | 150.00 | 620.00 |
| Interest income | 307.08 | 339.86 |
| Investment in fixed deposits with banks | 1,571.81 | (3,821.99) |
| Net cash (used in) investing activities | (1,286.29) | (6,396.04) |
| Cash flows from financing activities | ||
| Proceeds from issues of shares | 3.50 | 4,091.39 |
| Proceeds from long term borrowings | 934.96 | 1,136.86 |
| Repayment of borrowings | (709.98) | (729.90) |
| Net change in short term borrowings | (494.50) | (100.60) |
| Lease payments | (179.12) | (155.09) |
| Interest paid | (343.55) | (428.05) |
| Net cash generated from financing activities | (848.95) | 3,724.61 |
| Net increase in cash and cash equivalents | 991.16 | 122.13 |
| Foreign currency translation reserve movement | 22.04 | (5.30) |
| Cash and cash equivalents at the beginning of the financial year | 257.31 | 140.49 |
| Cash and cash equivalents at end of the period | 1,270.51 | 257.31 |
Vijay Gupta
Chairman and Managing Director
DIN: 1653314
Place: Pune
Date: 26 May 2026
SoftTech Engineers Limited
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, S.No. 1/1A/7 8 15 16 17, Plot No. B,C,D, 1-Baner,
Opp. Royal Enfield Showroom, Baner Road, Pune: 411345.
Website: www.softtech-engr.com, Email: [email protected], Telephone: +91 (20) 67183711
AUDITED CONSOLIDATED STATEMENT OF ASSET AND LIABILITIES
(Rs. in lakhs)
| Particulars | As at | As at |
|---|---|---|
| March 31 2026 | March 31 2025 | |
| Audited | Audited | |
| ASSETS | ||
| Non-current assets | ||
| Property plant and equipment | 361.98 | 304.30 |
| Right-of-use assets | 626.60 | 696.83 |
| Other intangible assets | 7,065.24 | 5,797.39 |
| Intangible assets under development | 1,956.46 | 1,614.06 |
| Goodwill | - | - |
| Financial assets | ||
| Investments | 228.30 | 559.38 |
| Other financial assets | 1,271.28 | 1,427.22 |
| Contract assets | 72.79 | 35.33 |
| Income tax assets (net) | 26.06 | 31.62 |
| Deferred tax assets (net) | 415.93 | 262.95 |
| Other non-current assets | 110.08 | 40.95 |
| Total non-current assets | 12,134.72 | 10,772.03 |
| Current assets | ||
| Inventory | 291.65 | 125.43 |
| Financial assets | ||
| Investments | 280.46 | 412.16 |
| Trade receivables | 3,463.07 | 4,357.99 |
| Cash and cash equivalents | 1,270.51 | 257.31 |
| Bank balance other than above | 2,029.29 | 3,436.09 |
| Other financial assets | 182.42 | 172.38 |
| Contract assets | 5,278.93 | 5,144.55 |
| Other current assets | 422.89 | 110.70 |
| Total current assets | 13,219.22 | 14,016.60 |
| Total assets | 25,353.94 | 24,786.63 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 1,384.21 | 1,380.71 |
| Other equity | 15,791.51 | 15,495.80 |
| Total equity attributable to owners of the Company | 17,175.72 | 16,876.51 |
| Non controlling interest | (134.85) | (100.72) |
| Total equity | 17,040.87 | 16,775.80 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial Liabilities | ||
| Borrowings | 346.83 | 602.39 |
| Lease Liability | 572.96 | 647.50 |
| Other financial liabilities | 240.00 | - |
| Provisions | 388.18 | 194.42 |
| Deferred tax liability | 13.51 | 13.51 |
| Total non-current liabilities | 1,561.48 | 1,457.82 |
| Current Liabilities | ||
| Financial Liabilities | ||
| Borrowings | 2,826.98 | 2,840.94 |
| Lease liabilities | 136.54 | 100.87 |
| Trade payables | - | - |
| Total outstanding dues of micro enterprises and small enterprises | 267.29 | 120.37 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,095.43 | 1,955.22 |
| Other financial liabilities | 1,776.85 | 1,170.13 |
| Other current liabilities | 399.53 | 236.17 |
| Provisions | 164.17 | 94.43 |
| Current tax liabilities (net) | 84.80 | 36.88 |
| Total current liabilities | 6,751.59 | 6,555.02 |
| Total liabilities | 8,313.07 | 8,012.83 |
| Total equity & liabilities | 25,353.94 | 24,786.63 |
Vijay Gupta
Chairman and Managing Director
DIN: 1653314
Place: Pune
Date: 26 May 2026
SoftTech Engineers Limited
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, S.No. 1/1A/7 8 15 16 17, Plot No. B,C,D, 1-Baner,
Website: www.softtech-engr.com, Email: [email protected], Telephone: +91 (20) 67183711
STATEMENT OF AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 MARCH 2026
(Rs. in lakhs)
| Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|
| March 31 2026 | December 31 2025 | March 31 2026 | March 31 2026 | March 31 2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| Income | |||||
| Revenue from operations | 4,658.81 | 3,249.07 | 3,099.90 | 13,290.21 | 9,524.99 |
| Other income | 86.06 | 75.54 | 117.88 | 363.91 | 223.96 |
| Total Income | 4,744.87 | 3,324.62 | 3,217.78 | 13,654.12 | 9,748.95 |
| Expenses | |||||
| Purchase of stock-in-trade | 422.62 | 929.87 | 819.64 | 2,086.91 | 1,807.24 |
| Changes in inventories of stock in trade | - | (291.65) | (125.43) | (166.22) | (125.43) |
| Employee benefit expenses | 716.33 | 1,029.54 | 724.10 | 3,299.34 | 2,748.05 |
| Finance cost | 89.82 | 101.63 | 104.88 | 407.30 | 490.42 |
| Depreciation and amortization expenses | 586.07 | 566.49 | 430.44 | 2,282.84 | 1,633.59 |
| Other expenses | 2,521.65 | 796.79 | 1,209.34 | 4,851.08 | 2,867.97 |
| Total Expenses | 4,336.49 | 3,132.68 | 3,162.97 | 12,761.25 | 9,421.84 |
| Profit before tax | 408.38 | 191.94 | 54.81 | 892.87 | 327.11 |
| Tax expense | |||||
| Current Tax | 77.19 | 171.84 | 54.38 | 494.33 | 292.56 |
| Deferred Tax | 58.86 | (96.65) | 48.07 | (134.15) | (44.54) |
| Short/(Excess) provision for previous years | - | - | (53.97) | - | (53.97) |
| Total tax expense | 136.05 | 75.19 | 48.48 | 360.18 | 194.04 |
| Profit for the year [A] | 272.33 | 116.75 | 6.33 | 532.69 | 133.07 |
| Other comprehensive income | |||||
| Item that will be reclassified subsequently to profit or loss | |||||
| Exchange differences on translation of foreign operations | 29.80 | (14.99) | (1.02) | 22.04 | (5.30) |
| Item that will not be reclassified to profit or loss | - | - | |||
| Remeasurements of post-employment benefit obligations | 14.98 | (4.65) | (8.31) | 1.41 | (20.53) |
| Changes in fair value of equity investment at FVOCI | (331.08) | - | - | (331.08) | - |
| Income tax relating to these items | 15.42 | 1.17 | 6.75 | 18.83 | 23.81 |
| Other comprehensive income for the year, net of tax [B] | (270.90) | (18.47) | (2.58) | (288.80) | (2.02) |
| Total comprehensive income for the year [A+B] | 1.43 | 98.28 | 3.75 | 243.89 | 131.05 |
| Profit for the year attributable to: | |||||
| -Owners of the Company | 240.93 | 140.53 | 3.71 | 494.10 | 131.43 |
| -Non controlling interests | 31.40 | (23.78) | 2.63 | 38.59 | 1.65 |
| Other comprehensive income (net of tax) attributable to: | |||||
| -Owners of the Company | (264.88) | (16.76) | (2.03) | (276.33) | 1.42 |
| -Non controlling interests | (6.02) | (1.71) | (0.55) | (12.47) | (3.44) |
| Total comprehensive income for the year attributable to: | |||||
| -Owners of the Company | (23.95) | 123.77 | 1.68 | 217.77 | 132.84 |
| -Non controlling interests | 25.38 | (25.49) | 2.08 | 26.12 | (1.80) |
| Earnings per share of face value Rs. 10/- per share (not annualised for the quarter) | |||||
| Basic earnings per share | 1.74 | 1.02 | 0.03 | 3.57 | 1.00 |
| Diluted earnings per share | 1.74 | 1.01 | 0.03 | 3.56 | 1.00 |
Vijay Gupta
Chairman and Managing Director
DIN: 1653314
Place: Pune
Date: 26 May 2026
SoftTech®
Empowering Transformation
Notes to the Statement of Standalone and Consolidated Audited Financial Results for the year ended 31 March 2026.
-
The consolidated audited financial results include the financial results of nine subsidiaries Namely-SoftTech Engineers Inc, SoftTech Finland Oy, SoftTech Digital Pte Ltd, SoftTech Digital Software LLC, SoftTech Government Solutions Inc (step down subsidiary), Amplinxt Private Ltd, Envee Information Technology Private Ltd, SoftTech Digital Solutions Ltd and SoftTech Digital AG.
-
The financial results (standalone and consolidated) of SoftTech Engineers Limited (the "Company" or "Holding Company"), its subsidiaries (collectively referred to as "the Group"), were reviewed by the Audit Committee, approved and adopted by the Board of Directors at its meeting held on 26 May 2026.
-
The annual financial results have been audited by statutory auditors, who have expressed an unmodified opinion.
-
The Company has prepared the financial results as per Indian Accounting Standards (Ind AS) specified under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015, as amended and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 as amended.
-
The company operates in a single segment i.e information technology and software services in accordance with Ind AS 108 "Operating Segment".
-
Exceptional item in standalone financial results for the year ended 31 March 2025 represents provision for impairment of equity investment and other receivables pertaining to wholly owned subsidiary SoftTech Finland Oy.
-
On 21 November 2025, the Government of India notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, thereby consolidating 29 existing labour laws. The Group has applied the revised definition of wages under the new Labour Codes while measuring employee benefit provisions. Pending the notification of the final Central and State Rules and related legal guidance, the Group has estimated the related obligations based on current legal interpretations and actuarial valuations.
For the year ended 31 March 2026, the resultant impact recognised under Employee Benefit Expenses towards gratuity amounted to Rs. 168.08 lakhs and Rs. 190.50 lakhs in the standalone and consolidated financial results, respectively (net of capitalisation to intangible asset under development of Rs. 59.80 lakhs and 82.22 lakhs respectively).
SoftTech Engineers Limited
CMMi/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
- The quarterly financial results for the period ended March 31, 2026 and March 31, 2025 are the derived figures between the audited figures in respect of the year ended March 31, 2026 and March 31, 2025 and the unpublished year-to-date figures up to December 31, 2025 and December 31, 2024 respectively, being the date of the end of the third quarter of the respective financial years, wherein the year-to-date figures up to December 31, 2025 were subjected to limited review.
For SoftTech Engineers Limited
Vijay Gupta
Chairman and Managing Director
DIN: 01653314
Place: Pune
Date: 26 May 2026
SoftTech®
Empowering Transformation
Date: May 26, 2026
To,
| National Stock Exchange of India Limited
“Exchange Plaza”, C-1, Block – G
Bandra – Kurla Complex
Bandra (East), Mumbai – 400051
Symbol: SOFTTECH | BSE Limited
Floor 25, Phiroze Jeejeebhoy Towers
Dalal Street,
Mumbai – 400001
Scrip Code: 543470 |
| --- | --- |
Subject: Declaration Pursuant to Regulation 17(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.
Pursuant to Regulation 17(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, we hereby declare and confirm the following:
A. We have reviewed financial statements and the cash flow statement for the year and that to the best of their knowledge and belief:
(1) these statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading;
(2) these statements together present a true and fair view of the listed entity’s affairs and are in compliance with existing accounting standards, applicable laws and regulations.
B. There are, to the best of our knowledge and belief, no transactions entered into by the listed entity during the year which are fraudulent, illegal or violative of the listed entity’s code of conduct.
C. We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the listed entity pertaining to financial reporting and we have disclosed to the auditors and the audit committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps they have taken or propose to take to rectify these deficiencies.
D. We have indicated to the auditors and the Audit committee
(1) significant changes in internal control over financial reporting during the year;
(2) significant changes in accounting policies during the year and that the same have been disclosed in the notes to the financial statements; and
(3) instances of significant fraud of which we have become aware and the involvement therein, if any, of the management or an employee having a significant role in the listed entity’s internal control system over financial reporting.
FOR SOFTTECH ENGINEERS LIMITED
Mr. Vijay Gupta
Managing Director and CEO
DIN: 01653314
Mr. Deepak Bang
Chief Financial Officer
SoftTech Engineers Limited
CMMI/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
SoftTech®
Empowering Transformation
Date: May 26, 2026
To,
| National Stock Exchange of India Limited
“Exchange Plaza”, C-1, Block – G
Bandra – Kurla Complex
Bandra (East), Mumbai – 400051
Symbol: SOFTTECH | BSE Limited
Floor 25, Phiroze Jeejeebhoy Towers
Dalal Street,
Mumbai – 400001
Scrip Code: 543470 |
| --- | --- |
Sub: Declaration in respect of Financial Results for the Quarter ended March 31, 2026
Ref: Regulation 33(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).
Dear Sir/ Madam,
We, the undersigned being the Managing Director and Chief Executive Officer and Chief Financial Officer of SoftTech Engineers Limited (“the Company”), hereby confirm and certify that the Standalone and Consolidated Financial Statements (“Financial Results”) for the quarter and year ended March 31, 2026, as placed before the Board of Directors for approval, have been reviewed by us and, to the best of our knowledge and belief:
a. The said Financial Results do not contain any false or misleading statement or figures;
b. The said Financial Results do not omit any material fact which may make the statements or figures contained therein misleading;
c. The Financial Results present a true and fair view of the affairs of the Company and are in compliance with the applicable laws, accounting standards and regulatory requirements; and
d. There are no transactions entered into by the Company during the said period which are fraudulent, illegal or violative of the Company’s code of conduct, insofar as we are aware.
For and on behalf of SoftTech Engineers Limited
Mr. Vijay Gupta
Managing Director and CEO
DIN: 01653314
Mr. Deepak Bang
Chief Financial Officer
Place: Pune
SoftTech Engineers Limited
CMMI/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
SoftTech®
Empowering Transformation
Date: May 26, 2026
To,
| National Stock Exchange of India Limited
“Exchange Plaza”, C-1, Block – G
Bandra – Kurla Complex
Bandra (East), Mumbai – 400051
Symbol: SOFTTECII | BSE Limited
Floor 25, Phiroze Jeejeebhoy Towers
Dalal Street,
Mumbai – 400001
Scrip Code: 543470 |
| --- | --- |
Dear Sir/Madam,
Sub: Declaration with respect to Audit Report with unmodified opinion for Audited Financial Results for the Quarter and Financial Year ended March 31, 2026.
Ref: Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
We hereby declare and confirm that, the Audit Reports issued by the Statutory auditors of the Company, M/s. P.G. Bhagwat LLP (Firm Registration No. 101118W/W100682), Chartered Accountants on the Audited, Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2026 are unmodified.
You are requested to take the above on record and bring this to the notice of all concerned.
Thanking You,
For SoftTech Engineers Limited
Mr. Vijay Gupta
Managing Director & CEO
DIN: 01653314
Mr. Deepak Bang
Chief Financial Officer
Place: Pune
SoftTech Engineers Limited
CMMi/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
" ANNEXURE-B "
SoftTech®
Empowering Transformation
Date: May 26, 2026
To,
| National Stock Exchange of India Limited
“Exchange Plaza”, C-1, Block – G
Bandra – Kurla Complex
Bandra (East), Mumbai – 400051
Symbol: SOFTTECH | BSE Limited
Floor 25, Phiroze Jeejeebhoy Towers
Dalal Street,
Mumbai – 400001
Scrip Code: 543470 |
| --- | --- |
Subject : Submission of Statement of Deviation and Variation for the quarter ended as on March 31, 2026
Reference : Regulation 32 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir(s)/ Madam,
Please find enclosed herewith Statement of Deviation and Variation in respect of the utilization of the proceeds from preferential issue dated October 05, 2022 and December 23, 2024 for the Quarter ended March 31, 2026.
The aforesaid statements are reviewed by the Audit Committee in their meeting held on Tuesday, May 26, 2026 and later taken on record by the Board of the Company in their meeting held on Tuesday, May 26, 2026.
Kindly take the same on record.
Yours Sincerely,
FOR SOFTTECH ENGINEERS LIMITED
VIJAY
SHANTISWARUP
GUPTA
VIJAY GUPTA
MANAGING DIRECTOR & CEO
DIN: 01653314
Encl: As above
SoftTech Engineers Limited
CMMi/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
Statement of Deviation / Variation in utilization of funds raised
| Name of listed entity | SoftTech Engineers Limited |
|---|---|
| Mode of Fund Raising | Preferential Issue/Private Placement |
| Date of Raising Funds | 23^{rd} December, 2024 |
| Amount Raised* | Rs. 40,01,39,190 (Rupees Forty Crores One Lakhs Thirty Nine Thousand One Hundred and Ninety only) |
| Report filed for Quarter ended | March 31, 2026 |
| Monitoring Agency | NA |
| Monitoring Agency Name, if applicable | NA |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | NA |
| If Yes, Date of shareholder Approval | NA |
| Explanation for the Deviation / Variation | NA |
| Comments of the Audit Committee after review | Noted |
| Comments of the auditors, if any | NA |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | NA |
| If Yes, Date of shareholder Approval | NA |
| Explanation for the Deviation / Variation | NA |
Objects for which funds have been raised and where there has been a deviation, in the following table:
| Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilized (Rs.) | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
|---|---|---|---|---|---|---|
| To Finance its business plan, expansion and growth initiatives. | NA | 40,01,39,190 | NA | 25,13,14,197 | - | - |
| Total | 25,13,14,197 |
For SoftTech Engineers Limited
Vijay Gupta
Managing Director and CEO
DIN: 01653314
Statement of Deviation / Variation in utilization of funds raised
| Name of listed entity | SoftTech Engineers Limited |
|---|---|
| Mode of Fund Raising | Preferential Issue/Private Placement |
| Date of Raising Funds | 5^{th} October, 2022 |
| Amount Raised* | Rs. 33,28,90,000 |
| Report filed for Quarter ended | March 31, 2026 |
| Monitoring Agency | NA |
| Monitoring Agency Name, if applicable | NA |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | NA |
| If Yes, Date of shareholder Approval | NA |
| Explanation for the Deviation / Variation | NA |
| Comments of the Audit Committee after review | Noted |
| Comments of the auditors, if any | NA |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | NA |
| If Yes, Date of shareholder Approval | NA |
| Explanation for the Deviation / Variation | NA |
Objects for which funds have been raised and where there has been a deviation, in the following table
| Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilized (Rs.) | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
|---|---|---|---|---|---|---|
| To support the expansion of business in Indian and Overseas Market | NA | - | NA | 234,754,158 | - | - |
| Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilized (Rs.) | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
|---|---|---|---|---|---|---|
| General corporate purposes | NA | - | NA | 8,66,28,661 | - | - |
| Total | 321,382,819 |
For SoftTech Engineers Limited
Vijay Gupta
Managing Director and CEO
DIN: 01653314
Deepak Bang
Chief Financial Officer
SoftTech®
Empowering Transformation
"ANNEXURE-C"
Details with respect to Appointment of Ms. Aadishri Apte as Company Secretary and Compliance Officer
| Sr No. | Particulars | Description |
|---|---|---|
| 1. | Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise; | The Board of Directors, on the recommendation of the Nomination and Remuneration Committee approved the appointment of Ms. Aadishri Apte (ICSI Membership No.: A60642) as Company Secretary, Compliance Officer, and Nodal officer of the Company, effective May 26, 2026. |
| 2. | Date of appointment / cessation (as applicable) & term of appointment | Date of Appointment: May 26, 2026 |
| Term: Not Applicable | ||
| 3. | Brief profile (in case of appointment) | Ms. Aadishri Apte has 7 years of progressive experience working with Compliance and Secretarial Departments of CS Firm, Private and Public Companies, Debt Listed Companies. She is a qualified Associate Member of the Institute of Company Secretaries of India (ICSI), Bachelors of Commerce (B.Com.) and Bachelors of Law (LLB) and is capable of completing the legal and regulatory requirements stipulated under the Companies Act and SEBI Regulations. |
| 4. | Disclosure of relationships between directors (in case of appointment of a director) | Not Applicable |
SoftTech Engineers Limited
CMMi/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
SoftTech®
Empowering Transformation
"ANNEXURE D"
Details with respect to approval for recommendation for re-appointment of P G Bhagwat LLP, Chartered Accountants (FRN: 101118W/W100682) as Statutory Auditors of the Company for next 5 years.
| Sr. No. | Particulars | Description |
|---|---|---|
| 1. | Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise; | P G Bhagwat LLP, Chartered Accountants (FRN: 101118W/W100682) the Statutory Auditors will complete their First term in 30^{th} Annual General Meeting (AGM) in year 2026. |
| It is recommended to re-appoint P G Bhagwat LLP, Chartered Accountants (FRN: 101118W/W100682) as the Statutory Auditors of the Company to hold office for a second term of five (5) consecutive years, commencing from the conclusion of the 30^{th} AGM of the Company to be held in the year 2026, until the conclusion of the 35^{th} AGM to be held in the year 2031, subject to approval of the Members of the Company. | ||
| 2. | Date of appointment / re-appointment / cessation (as applicable) & term of appointment / re-appointment | Based on recommendation of Audit Committee, the Board of Directors of the Company at its meeting held on May 26, 2026 have recommended the re-appointment of P G Bhagwat LLP, Chartered Accountants (FRN: 101118W/W100682) as the Statutory Auditors of the Company to hold the office for a term of 5 (five) consecutive years from the conclusion of the 30^{th} Annual General Meeting (AGM) of the Company to be held in the year 2026 till the conclusion of the 35^{th} AGM to be held in the year 2031, subject to approval of the Members of the Company. |
SoftTech Engineers Limited
CMMi/3, ISO 9001: 2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
SoftTech®
Empowering Transformation
| 3. | Brief Profile
(in case of appointment) | Founded in 1938, P G BHAGWAT LLP (PGB) is a mid-sized Chartered Accountancy Firm with 85 years of experience serving clients across various sectors. After transitioning to a partnership in 1955, the Firm expanded under the leadership of the Late Mr. Abhay Bhagwat and became an eleven-partner firm known for its diligent approach. Today, with four service verticals and 16 specialised partners, PGB blends modern and classic business ideals and prioritises technology to deliver high-quality work with a mix of youthful passion and seasoned staff experience.
M/s. P.G. Bhagwat LLP (Firm Registration No. 101118W/W100682), has confirmed their willingness to act as Statutory Auditors of the Company and the Company has received letter to the effect that their appointment, if made, would be within the prescribed limits under Section 141(3)(g) of the Companies Act, 2013 and that they are not disqualified from being appointed. |
| --- | --- | --- |
| 4. | Disclosure of relationships between Directors (in case of appointment of a director) | Not Applicable |
SoftTech Engineers Limited
CMMi/3, ISO 9001: 2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com
SoftTech®
Empowering Transformation
"ANNEXURE E"
Details with respect to Appointment of M/s. Sharp & Tannan Associates, Chartered Accountants (FRN: 109983W), as Internal Auditors of the Company for the financial year 2026-2027.
| Sr. No. | Particulars | Description |
|---|---|---|
| 1. | Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise; | On the recommendation of the Audit Committee, the Board of Directors at their meeting held today i.e. on May 26, 2026, have approved the appointment of M/s. Sharp & Tannan Associates, Chartered Accountants (FRN: 109983W) as Internal Auditors, for the Financial Year 2026-27. |
| 2. | Date of appointment / re-appointment / cessation (as applicable) & term of appointment / re-appointment | Date of Appointment: May 26, 2026 |
| Term: For the financial year 2026-27 | ||
| 3. | Brief Profile (in case of appointment) | Sharp & Tannan is one of the leading chartered accountant firms in India. And the principles of fair and ethical behaviour that our Founders adopted have helped us stay independent all these years. |
| Sharp & Tannan has now expanded to 12 offices, with 500+ employees, 22 Partners and a cross-border reach. It consults for some of the biggest names in Indian business. The Firm has a combined pool of 475 man-years of professional experience with a deep knowledge of the local context, and multi-disciplinary understanding. | ||
| 4. | Disclosure of relationships between Directors (in case of appointment of a director) | Not Applicable. |
1
SoftTech Engineers Limited
CMMi/3, ISO 9001:2015
CIN: L30107PN1996PLC016718
Registered Office: SoftTech Towers, 1 Baner Rd, Opp. Royal Enfield Showroom, Baner, Pune, Maharashtra 411045
+91 20 67183711
[email protected]
www.softtechglobal.com