Integrated Filing — IndAS



General information about company

Scrip Code 542367
NSE Symbol XELPMOC
MSEI Symbol NOTLISTED
ISIN INE01P501012
Name of company Xelpmoc Design and Tech Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment software development
Start date and time of board meeting 29-05-2026   15:00:00
End date and time of board meeting 29-05-2026   16:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 107.91 373.53
Other income 18.16 72.65
Total income 126.07 446.18
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 190.42 711.36
(e) Finance costs 1.31 4.68
(f) Depreciation, depletion and amortisation expense 22.13 102.93
(f) Other Expenses
1 Rent, Power and Fuel 7.70 31.32
2 Repairs and Maintenance- Buildings & others 2.25 6.52
3 Sales Promotion & Marketing Expense 0.82 8.37
4 Travelling & Conveyance 9.24 23.18
5 Auditors' Remuneration 2.47 14.71
6 Legal & Professional Charges 58.26 225.46
7 Software and subscription Expenses 10.59 36.48
8 Rates and Taxes 3.16 15.96
9 Communication, Courier and office Expenses 2.31 9.45
10 Recruitment, Donation and Miscellaneous expenses 0.27 2.11
Total other expenses 97.07 373.56
Total expenses 310.93 1,192.53
3 Total profit before exceptional items and tax (184.86) (746.35)
4 Exceptional items 0.00 (27.81)
5 Total profit before tax (184.86) (774.16)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (6.95) (14.88)
9 Total tax expenses (6.95) (14.88)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (177.91) (759.28)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (177.91) (759.28)
17 Other comprehensive income net of taxes 123.45 1,747.19
18 Total Comprehensive Income for the period (54.46) 987.91
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (177.91) (759.28)
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (54.46) 987.91
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,475.95 1,475.95
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 6,006.05
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.21 -5.15
Diluted earnings (loss) per share from continuing operations -1.19 -5.05
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.21 -5.15
Diluted earnings (loss) per share from continuing and discontinued operations -1.19 -5.05
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The audited consolidated financial results of the Group for the year ended March 31, 2026 and unaudited consolidated financial results of the Group for the quarter ended March 31, 2026 has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 29, 2026. The Statutory Auditor of the Company have issued audit report with unmodified opinion on the above results. 2. The audited consolidated financial results of the Group for the year ended March 31, 2026 and unaudited consolidated financial results of the Group for the quarter ended March 31, 2026 are available on the National Stock Exchange website (URL: www.nseindia.com), the BSE Limited (URL: www.bseindia.com), and on the Parent company’s website (URL: www.xelpmoc.in). 3. The consolidated financial results of the Company and its subsidiaries and associates (‘the Group) have been prepared in accordance with Ind AS 110. 4. The Consolidated financial results has been prepared in accordance with the principles and procedures of Indian Accounting Standards (“Ind AS”) as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013 and guidelines issued by the Securities and Exchange Board of India (SEBI) under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. 5. During the year ended March 31, 2026, the Parent Company has issued and allotted 39,500 Equity Shares upon conversion of Stock Options granted pursuant to Xelpmoc Design and Tech Limited Employees Stock Option Scheme 2019. Consequent to these allotments the Paid-up Capital of the Company stand increased to Rs.14,75,94,930 comprising of 1,47,59,493 Equity Shares of face value Rs.10/- each. Further, during the year ended March 31, 2026, the Company granted 181,531 options to eligible employees under the Xelpmoc Design and Tech Limited Employee Stock Option Scheme, 2019. 6. Retirement and Other long term staff benefits are provided for the year ended March 31, 2026 has been calculated on actuarial basis. 7. Restricted Consolidation of the Subsidiary:- For the year ended March 31, 2026, the Company has restricted the consolidation of the step-down subsidiary Soultrax Studios Private Limited. As per Ind AS 110, when a parent has no present obligation to absorb further losses and the subsidiaries’ cumulative losses exceed the carrying amount of investment, further consolidation may be restricted. The Company’s investment in the entity has been fully impaired in prior periods, with no legal or constructive obligation to provide additional financial support. Accordingly: No further losses have been recognized in the consolidated financial results. No additional liabilities or contingent exposures exist. This has no material impact on the consolidated financial results for the period. The Company continues to monitor the financial position of the subsidiary and will reassess consolidation if required in future periods. 8. Restricted Recognition of Associate:- The Company has discontinued / restricted the recognition of further losses relating to Xperience India Private Limited in accordance with Ind AS 28, as the investment in the associate has already been fully impaired in earlier periods and no further financial obligation exists. Accordingly, no additional share of losses has been recognized during the year ended March 31, 2026, and the same has no material impact on the financial results of the Company. 9. During the current period, the Company has received the realizable amount towards divestment of Xelpmoc Design and Tech Ltd UK, a wholly owned subsidiary, for which dissolution proceedings had commenced in the previous year. Pursuant to the receipt of the actual realizable value, the investment earlier classified as “Asset Held for Sale” in accordance with Ind AS 105 has been appropriately adjusted. 10. Financial Statement of Soultrax Studios Private limited for the year ended March 31, 2026, indicate that the company has accumulated losses and its net worth has been fully eroded. The Company has incurred losses till previous year, this condition indicate the existence of a material uncertainty that may cast a significant doubt about the Company’s ability to continue as going concern. However, the financial statement of the company have been prepared on a going concern assumption basis. 11. The Company has evaluated the financial position and future business prospects of its wholly owned subsidiary, Signal Technologies Private Limited and based on the assessment of the current financial condition and operational status of the subsidiary, certain indicators exist which may cast significant doubt on the subsidiary’s ability to continue as a going concern. The management is continuously evaluating the operational and financial support requirements of the subsidiary and the consequential impact, if any, on the financial statements. 12. The Code on Social Security, 2020 (Code) relating to employee benefits during employment and post- employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India However, the date on which the Code will come into effect has not been notified. The Group will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective. 13. The Group is required to disclose segment information based on the ‘management approach’ as defined in Ind AS 108 - Operating Segments, which in how the Chief Operating Decision Maker (CODM) evaluates the Group’s performance and allocates resources based on the analysis of the various performance indicators. In the case of the Group, the CODM reviews the results of the Group as a whole as the Group is primarily engaged in the business of software development services. Accordingly, the Group is a single CGU, hence single segment. The information as required under Ind AS 108 is available directly from the financial results, hence no separate disclosure on segment information is given in these consolidated financial results. 14. The principal business of the Group is to provide technology services and solutions, the Group does not fall in to the definition of Non-Banking Finance Company as per the Reserve Bank of India Act, 1934. 15. Effective November 21, 2025, the Code on Social Security, 2020 amended the definition of “Wages” for the purpose of gratuity calculations. As per Ind AS 19, revisions to gratuity benefits arising from changes in labour laws are treated as plan amendments and recognised as past service costs. Accordingly, the parent company has recognised a one-time past service cost of INR. 2,780.75 ('000s) as an Exceptional Item in the Statement of Profit and Loss for the quarter and nine months ended December 31, 2025. 16. The Board of Directors at their meeting have not recommended any dividend. 17. Previous quarter/ year figures are regrouped and reclassified wherever necessary. 18. Investor complaints: Investor Complaints pending at the beginning of the quarter – Nil, Received during the quarter – Nil, Disposed during the quarter – Nil, and Remaining unresolved at the end of the quarter – Nil



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 14.51
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 179.55
Intangible assets under development 9.79
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 7,257.62
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Bank Deposits 9.33
2 Security deposits 20.61
3 Prepaid Expenses 0.44
Total of other non-current financial assets 30.38
Total non-current financial assets 7,288.00
Deferred tax assets (net)
Other non-current assets
1 Tax Receivable from Govt. authorities 9.68
Total of other non-current assets 9.68
Total non-current assets 7,501.53
2 Current assets
Inventories 0.00
Current financial asset
Current investments 575.12
Trade receivables, current 108.44
Cash and cash equivalents 95.90
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 145.53
Total current financial assets 924.99
Current tax assets (net)
Other current assets
1 Prepaid expenses 6.78
2 Advance to vendors 3.43
3 Balance with government authorities 88.66
4 Advances with Authorities (GST paid under protest) 36.38
Total of other current assets 135.25
Total current assets 1,060.24
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 8,561.77
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,475.95
Other equity 6,006.05
Total equity attributable to owners of parent 7,482.00
Non controlling interest 0.00
Total equity 7,482.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 4.64
Total of other non-current financial liabilities 4.64
Total non-current financial liabilities 4.64
Provisions, non-current 97.18
Deferred tax liabilities (net) 766.62
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 868.44
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2.25
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 24.32
Total Trade payable 26.57
Other current financial liabilities
1 Lease Liabilities 64.35
2 Provision for expenses 24.07
3 Payable to employees 52.24
4 Dues to Directors and Key Managerial Personnel 4.86
Total of other current financial liabilities 145.52
Total current financial liabilities 172.09
Other current liabilities 19.13
1 Other Statutory dues 15.13
2 Advance from customer 4.00
Total of other current liabilities 19.13
Provisions, current 20.11
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 211.33
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,079.77
Total equity and liabilites 8,561.77
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Net gain/(loss) on FVTOCI equity securities in accordance with Ind AS 109 233.15 1,949.15
Total Amount of items that will not be reclassified to profit and loss 233.15 1,949.15
2 Income tax relating to items that will not be reclassified to profit or loss 104.81 197.91
3 Amount of items that will be reclassified to profit and loss
1 Remeasurements of defined benefit plans (6.54) (5.42)
Total Amount of items that will be reclassified to profit and loss (6.54) (5.42)
4 Income tax relating to items that will be reclassified to profit or loss (1.65) (1.37)
5 Total Other comprehensive income 123.45 1,747.19



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (774.16)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4.68
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (6.35)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (20.87)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 35.96
Adjustments for other financial assets, current (27.82)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 9.49
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1.12
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 102.93
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 7.93
Adjustments for provisions, non-current 44.99
Adjustments for other financial liabilities, current 6.98
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 8.84
Adjustments for share-based payments 81.67
Adjustments for fair value losses (gains) (5.42)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (37.77)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.14
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 188.82
Net cash flows from (used in) operations (585.34)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (11.83)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (573.51)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 1,685.55
Other cash payments to acquire equity or debt instruments of other entities 924.89
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 85.51
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 74.02
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 8.84
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 609.97
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 7.51
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 7.94
Dividends paid 0.00
Interest paid 4.68
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (5.11)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 31.35
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 31.35
Cash and cash equivalents cash flow statement at beginning of period 64.55
Cash and cash equivalents cash flow statement at end of period 95.90





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 JHS And Associates LLP Yes 31-12-2027