General information about company |
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| Scrip code | 000000 |
| NSE Symbol | SYSTANGO |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0O7R01011 |
| Name of Company | SYSTANGO TECHNOLOGIES LIMITED |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-Apr-2024 |
| Date of end of financial year | 31-Mar-2025 |
| Date of board meeting when results were approved | 26-May-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 21-May-2025 |
| Description of presentation currency | INR (in Actuals) |
| 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 | The Company is primarily engaged in business of providing Software Development Services which constitute a single reportable segment |
| Start date and time of board meeting | 26-May-2025 07:05:00 |
| End date and time of board meeting | 26-May-2025 07:55:00 |
| 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 — Other than Bank |
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| 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-Oct-2024 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Revenue From Operations | ||
| Revenue from operations | 383614000 | 671444000 | |
| Other income | 35380000 | 68246000 | |
| Total Income | 418994000 | 739690000 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0 | 0 |
| (b) | Purchases of stock-in-trade | 0 | 0 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 |
| (d) | Employee benefit expense | 184711000 | 349658000 |
| (e) | Finance costs | 468000 | 763000 |
| (f) | Depreciation and amortisation expense | 3282000 | 5837000 |
| (g) | Other Expenses | ||
| 1 | Other Expenses | 43632000 | 74903000 |
| 2 | Cost of Sales | 10899000 | 17578000 |
| Total other expenses | 54531000 | 92481000 | |
| Total expenses | 242992000 | 448739000 | |
| 3 | Profit before exceptional and extraordinary items and tax | 176002000 | 290951000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Profit before extraordinary items and tax | 176002000 | 290951000 |
| 6 | Extraordinary items | 0 | 0 |
| 7 | Profit before tax | 176002000 | 290951000 |
| 8 | Tax Expense | ||
| Current tax | 34798000 | 52376000 | |
| Deferred tax | 903000 | 1264000 | |
| Total tax expenses | 35701000 | 53640000 | |
| 9 | Net Profit Loss for the period from continuing operations | 140301000 | 237311000 |
| 10 | Profit (loss) from discontinuing operations before tax | 0 | 0 |
| 11 | Tax expense of discontinuing operations | 0 | 0 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0 | 0 |
| 13 | Profit (loss) for period before minority interest | 140301000 | 237311000 |
| 14 | Share of profit (loss) of associates | 0 | 0 |
| 15 | Profit (loss) of minority interest | 0 | 0 |
| 16 | Net profit (Loss) for the period | 140301000 | 237311000 |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 146688000 | 146688000 | |
| Face value of equity share capital | 10 | 10 | |
| 18 | Reserves excluding revaluation reserve | 0 | |
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 9.56 | 16.18 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 9.56 | 16.18 | |
| 20 | Debt equity ratio | ||
| 21 | Debt service coverage ratio | ||
| 22 | Interest service coverage ratio | ||
| 23 | Disclosure of notes on financial results | ||
Remarks |
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| 20 | Debt equity ratio | |
| 21 | Debt service coverage ratio | |
| 22 | Interest service coverage ratio | |
Cash flow statement — indirect |
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| A | Date of start of reporting period | 01-Apr-2024 | ||
| B | Date of end of reporting period | 31-Mar-2025 | ||
| C | Whether results are audited or unaudited | Audited | ||
| D | Nature of report standalone or consolidated | Consolidated | ||
| 1 | Statement of cash flows | |||
| Cash flows from used in operating activities | ||||
| Profit before extraordinary items and tax | 290951000 | |||
| 2 | Adjustments for reconcile profit (loss) | |||
| Adjustments to profit (loss) | ||||
| Adjustments for finance costs | 764000 | |||
| Adjustments for depreciation and amortisation expense | 5837000 | |||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0 | |||
| Adjustments for unrealised foreign exchange losses gains | -7544000 | |||
| Adjustments for dividend income | 0 | |||
| Adjustments for share-based payments | 0 | |||
| Other adjustments for which cash effects are investing or financing cash flow | 0 | |||
| Other adjustments to reconcile profit (loss) | 0 | |||
| Other adjustments for non-cash items | -32422000 | |||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | |||
| Total adjustments to profit (loss) | -33365000 | |||
| 3 | Adjustments for working capital | |||
| Adjustments for decrease (increase) in inventories | 0 | |||
| Adjustments for decrease (increase) in trade receivables | -47242000 | |||
| Adjustments for decrease (increase) in other current assets | -31436000 | |||
| Adjustments for increase (decrease) in trade payables | 2564000 | |||
| Adjustments for increase (decrease) in other current liabilities | -2323000 | |||
| Adjustments for provisions | 25221000 | |||
| Total adjustments for working capital | -53216000 | |||
| Total adjustments for reconcile profit (loss) | -86581000 | |||
| Net cash flows from (used in) operations | 204370000 | |||
| Dividends received | -108000 | |||
| Interest paid | 0 | |||
| Interest received | -28046000 | |||
| Income taxes paid (refund) | 52376000 | |||
| Other inflows (outflows) of cash | 0 | |||
| Net cash flows from (used in) operating activities before extraordinary items | 123840000 | |||
| Proceeds from extraordinary items | 0 | |||
| Payment for extraordinary items | 0 | |||
| Net cash flows from (used in) operating activities | 123840000 | |||
| 4 | Cash flows from used in investing activities | |||
| Cash flows from losing control of subsidiaries or other businesses | 0 | |||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0 | |||
| Other cash receipts from sales of equity or debt instruments of other entities | 32486000 | |||
| Other cash payments to acquire equity or debt instruments of other entities | 28701000 | |||
| Other cash receipts from sales of interests in joint ventures | 0 | |||
| Other cash payments to acquire interests in joint ventures | 0 | |||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0 | |||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0 | |||
| Proceeds from sales of property plant and equipment | 0 | |||
| Purchase of property plant and equipment | 3139000 | |||
| Proceeds from sales of intangible assets | 0 | |||
| Purchase of intangible assets | 5132000 | |||
| Cash advances and loans made to other parties | 0 | |||
| Cash receipts from repayment of advances and loans made to other parties | 0 | |||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0 | |||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0 | |||
| Dividends received | 108000 | |||
| Interest received | 28047000 | |||
| Income taxes paid (refund) | 0 | |||
| Other inflows (outflows) of cash | 15000 | |||
| Proceeds from government grants | 0 | |||
| Net cash flows from (used in) investing activities before extraordinary items | 23684000 | |||
| Proceeds from extraordinary items | 0 | |||
| Payment for extraordinary items | 0 | |||
| Net cash flows from (used in) investing activities | 23684000 | |||
| Cash flows from used in financing activities | ||||
| Proceeds from issuing shares | 0 | |||
| Proceeds from issuing other equity instruments | 0 | |||
| Proceeds from issuing debentures notes bonds etc | 0 | |||
| Proceeds from borrowings | 0 | |||
| Repayments of borrowings | 612000 | |||
| Dividends paid | 0 | |||
| Interest paid | 764000 | |||
| Income taxes paid (refund) | 0 | |||
| Other inflows (outflows) of cash | 9251000 | |||
| Net cash flows from (used in) financing activities before extraordinary items | 7875000 | |||
| Proceeds from extraordinary items | 0 | |||
| Payment for extraordinary items | 0 | |||
| Net cash flows from (used in) financing activities | 7875000 | |||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 155399000 | |||
| 6 | Effect of exchange rate changes on cash and cash equivalents | |||
| Effect of exchange rate changes on cash and cash equivalents | 0 | |||
| Net increase (decrease) in cash and cash equivalents | 155399000 | |||
| Cash and cash equivalents cash flow statement at beginning of period | 46739000 | |||
| Cash and cash equivalents cash flow statement at end of period | 202138000 | |||
Statement of Asset and Liabilities |
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|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-Apr-2024 | ||
| Date of end of reporting period | 31-Mar-2025 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Equity and liabilities | |||
| 1 | Shareholders' funds | ||
| Share capital | 146688000 | ||
| Reserves and surplus | 876349000 | ||
| Money received against share warrants | 0 | ||
| Total shareholders' funds | 1023037000 | ||
| 2 | Share application money pending allotment | 0 | |
| 3 | Deferred government grants | 0 | |
| 4 | Minority interest | 0 | |
| 5 | Non-current liabilities | ||
| Long-term borrowings | 310000 | ||
| Deferred tax liabilities (net) | 0 | ||
| Foreign currency monetary item translation difference liability account | 0 | ||
| Other long-term liabilities | 0 | ||
| Long-term provisions | 0 | ||
| Total non-current liabilities | 310000 | ||
| 6 | Current liabilities | ||
| Short-term borrowings | 0 | ||
| Trade Payables | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 3956000 | ||
| Total Trade payable | 3956000 | ||
| Other current liabilities | 2009000 | ||
| Short-term provisions | 94874000 | ||
| Total current liabilities | 100839000 | ||
| Total equity and liabilities | 1124186000 | ||
| Assets | |||
| 1 | Non-current assets | ||
| i | Property, Plant and Equipment and Intangible assets | ||
| Property, Plant and Equipment | 19259000 | ||
| Producing properties | 0 | ||
| Intangible assets | 32960000 | Preproducing properties | 0 |
| Property, Plant and Equipment capital work-in-progress | 0 | ||
| Intangible assets under development or work-in-progress | 0 | ||
| Total Property, Plant and Equipment and Intangible assets | 52219000 | ||
| ii | Non-current investments | 132525000 | |
| v | Deferred tax assets (net) | 554000 | |
| vi | Foreign currency monetary item translation difference asset account | 0 | |
| vii | Long-term loans and advances | 0 | |
| viii | Other non-current assets | 7103000 | |
| Total non-current assets | 192401000 | ||
| Current assets | |||
| Current investments | 465494000 | ||
| Inventories | 0 | ||
| Trade receivables | 154666000 | ||
| Cash and cash equivalents | 202138000 | ||
| Bank balance other than cash and cash equivalents | 0 | ||
| Short-term loans and advances | 53332000 | ||
| Other current assets | 56155000 | ||
| Total current assets | 931785000 | ||
| Total assets | 1124186000 | ||
| Disclosure of notes on assets and liabilities | |||
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results |
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|---|---|---|---|---|---|---|---|
| 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-Oct-2024 | 01-Apr-2024 | |||||
| Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 | |||||
| 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 | |||||||
| Net Segment Asset | |||||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | |||||||
| Net Segment Liabilities | |||||||
| Disclosure of notes on segments | |||||||
Details of Impact of Audit Qualification |
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|---|---|
| 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 | Anil Kamal Garg & Co. | Yes | 30-Sep-2026 | ||
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