Integrated Filing — IndAS



General information about company

Scrip Code 000000
NSE Symbol SAHANA
MSEI Symbol NOTLISTED
ISIN INE0LEX01011
Name of company SAHANA SYSTEM LIMITED
Type of company SME
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 30-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
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 Services including development of Software
Start date and time of board meeting 30-05-2026   17:30:00
End date and time of board meeting 30-05-2026   19:30:00
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 01-10-2025 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 21,698.78 33,115.03
Other income 331.81 673.13
Total income 22,030.59 33,788.16
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 (632.65) (198.65)
(d) Employee benefit expense 1,119.23 2,028.88
(e) Finance costs 104.25 163.49
(f) Depreciation, depletion and amortisation expense 360.05 669.24
(f) Other Expenses
1 Operation and maintenance expenses/Cost of Services 14,229.23 19,979.59
2 Other Expenses 793.16 1,330.37
Total other expenses 15,022.39 21,309.96
Total expenses 15,973.27 23,972.92
3 Total profit before exceptional items and tax 6,057.32 9,815.24
4 Exceptional items 0.00 0.00
5 Total profit before tax 6,057.32 9,815.24
6 Tax expense
7 Current tax 1,449.22 2,384.40
8 Deferred tax (101.44) (45.34)
9 Total tax expenses 1,347.78 2,339.06
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 4,709.54 7,476.18
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 4,709.54 7,476.18
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 4,709.54 7,476.18
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 4,313.03 6,787.05
Total profit or loss, attributable to non-controlling interests 396.51 689.13
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
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 883.70 883.70
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 53.29 84.6
Diluted earnings (loss) per share from continuing operations 53.2 84.45
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 53.29 84.6
Diluted earnings (loss) per share from continuing and discontinued operations 53.2 84.45
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) 1. The above consolidated audited financial results for the half year ended 31st March, 2026, have been reviewed by the Audit Committee and approved by the Board of Directors of Sahana System Limited the Company in their meeting held on 30th May 2026 2. The above consolidated audited financial results for the half year ended on 31st March 2026 are prepared in accordance with the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act 2013 read with Rule 7 of the Companies Accounting) Rules 2014 as amended and other recognised accounting practices and policies, as applicable 3. In accordance with Regulation 33 of the SEBI LODR Regulations 2015 the above consolidated results have been reviewed by the Statutory Auditors of the Company for the half year ended March 31 2026 4. The company is engaged in the business of software services including development of softwares and therefore there is only one reportable operating segment. Hence, disclosures required by Indian Accounting Standard 108 Operating Segment are not applicable to the company. 5. EPS for the respective periods have been calculated based on the weighted average number of shares outstanding for the said periods. 6. The Company allotted 159673 share warrants on 10 November 2025 at an issue price of Rs 1440 per warrant on a preferential basis. The warrants are convertible into an equivalent number of equity shares within 18 months from the date of allotment subject to the terms of issue. The outstanding warrants have been considered as potential equity shares for the purpose of diluted earnings per share wherever applicable. 7. During the current half-year ended 31 March 2026, one of the subsidiaries Softvan Limited, issued 4278634 equity shares of face value Rs 10 each at a premium of Rs 85 per share, aggregating to Rs 406470230. Out of the total shares issued, 3035993 equity shares were allotted pursuant to the conversion of loans into equity while 1242641 equity shares were issued as a fresh allotment. The issuance has been duly considered in the preparation of the consolidated financial results in accordance with the requirements of Ind AS 110 Consolidated Financial Statements and Ind AS 32 Financial Instruments: Presentation. 8. During the current half year ended 31st March 2026 the Company incorporated two new subsidiaries namely Sahana Healthtech Limited with the Company holding a 80% ownership interest and one wholly owned subsidiary, namely Sahana System INC. The financial results of these subsidiaries have been considered for consolidation in accordance with the requirements of Ind AS 110 Consolidated Financial Statements. 9. As at the half year ended 31st March 2026 the Company has nine subsidiaries, comprising two wholly owned subsidiaries, Softvan Labs Private Limited, and Sahana System INC and seven other subsidiaries Sahana Defence Limited formerly known as Softvan Limited Sourceved Technologies Private Limited, Applie Infosol Private Limited, Sahana Futurio Tech Limited Sahana Marine Infra Tech Limited, Sahana Techanalysis Limited Sahana Healthtech Limited. 10. The figures of the previous period have been re-grouped or rearranged wherever considered necessary.



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 2,259.67
Capital work-in-progress 3,600.22
Investment property 0.00
Goodwill 0.00
Other intangible assets 3,563.90
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,913.06
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Financial Asset 502.54
Total of other non-current financial assets 502.54
Total non-current financial assets 2,415.60
Deferred tax assets (net) 58.29
Other non-current assets
Total of other non-current assets
Total non-current assets 11,897.68
2 Current assets
Inventories 831.26
Current financial asset
Current investments 0.00
Trade receivables, current 9,658.78
Cash and cash equivalents 1,656.33
Bank balance other than cash and cash equivalents 1,307.36
Loans, current 2,094.32
Other current financial assets
Total of other current financial assets 1,878.28
Total current financial assets 16,595.07
Current tax assets (net)
Other current assets
1 Other current assets 9,291.91
Total of other current assets 9,291.91
Total current assets 26,718.24
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 38,615.92
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 883.71
Other equity 24,336.82
Total equity attributable to owners of parent 25,220.53
Non controlling interest 3,077.75
Total equity 28,298.28
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 88.96
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
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 88.96
Provisions, non-current 6.39
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 95.35
Current liabilities
Current financial liabilities
Borrowings, current 1,704.27
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 105.14
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,477.95
Total Trade payable 2,583.09
Other current financial liabilities
1 Other Fiancial Laiblities 98.54
Total of other current financial liabilities 98.54
Total current financial liabilities 4,385.90
Other current liabilities 3,670.80
1 Other current liabilities 3,670.80
Total of other current liabilities 3,670.80
Provisions, current 0.35
Current tax liabilities (Net) 2,165.24
Deferred government grants, Current 0.00
Total current liabilities 10,222.29
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 10,317.64
Total equity and liabilites 38,615.92
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 01-10-2025 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited 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 01-10-2025 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited 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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00



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 9,815.24
Adjustments for reconcile profit (loss)
Adjustments for finance costs 163.49
Adjustments for decrease (increase) in inventories (198.65)
Adjustments for decrease (increase) in trade receivables, current (798.81)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (6,162.85)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (61.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 2,666.64
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 669.24
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 4.56
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 48.90
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (4.76)
Adjustments for dividend income 0.00
Adjustments for interest income 664.21
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (0.02)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 2.84
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (4,334.63)
Net cash flows from (used in) operations 5,480.61
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,360.01
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 4,120.60
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 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
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 4,685.80
Proceeds from sales of investment property 0.00
Purchase of investment property (156.55)
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 0.00
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 1,989.49
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 0.96
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (583.76)
Net cash flows from (used in) investing activities (7,101.54)
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 1,463.89
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 0.00
Proceeds from issuing debentures notes bonds etc 574.94
Proceeds from borrowings 577.61
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 37.83
Interest paid 109.66
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 2,468.95
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (511.99)
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 (511.99)
Cash and cash equivalents cash flow statement at beginning of period 2,168.32
Cash and cash equivalents cash flow statement at end of period 1,656.33





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 M/s. A. K. Ostwal & Co. Yes 30-09-2026