63SATS Cybertech Annual Reports, Balance Sheet and Financials

  63SATS Cybertech Limited Standalone Balance Sheet (Rs in Crores)

Particulars	31-03-2026	31-03-2025
Non-Current Assets
Property, Plant And Equipment	20.21	0.28
Right Of Use Assets	0.50	0.26
Other Intangible Assets	5.41	-
Intangible Assets Under Development	6.01	-
Other Financial Assets	0.45	0.04
Deferred Tax Assets (Net)	1.41	-
Other Non-Current Assets	1.35	0.04
Current Assets
Investments	86.93	3.58
Trade Receivables	58.21	0.44
Cash And Cash Equivalents	33.32	1.07
Bank Balances Other Than Cash And Cash Equivalents	44.36	1.44
Loans	40.00	-
Other Financial Assets	0.71	0.02
Current Tax Assets (Net)	5.06	0.29
Other Current Assets	7.23	2.00
Total Assets	311.14	9.45
Equity
Equity Share Capital	101.12	6.00
Other Equity	196.38	-9.50
Non-Current Liabilities
Borrowings	2.57	10.11
Lease Liability	0.28	-
Provisions	1.52	0.32
Other Non-Current Liabilities	-	0.14
Current Liabilities
Lease Liability	0.24	0.27
Trade Payables - Due To Micro And Small Enterprises	0.67	0.07
Trade Payables - Due To Others	3.80	0.91
Other Financial Liabilities	0.31	0.19
Provisions	0.32	0.08
Other Current Liabilities	3.94	0.87
Total Equity And Liabilities	311.14	9.45

 

63SATS Cybertech Limited Standalone Profit & Loss Statement (Rs in Crores)

Particulars	31-03-2026	31-03-2025
Income
Revenue From Operations	87.16	2.40
Other Income (Net)	7.99	0.61
Total Income	95.14	3.01
Expenses
Cost Of Goods Sold	40.08	-
Employee Benefits Expense	19.27	11.05
Finance Costs	1.74	0.74
Depreciation And Amortization Expenses	0.74	0.14
Other Expenses	39.68	7.13
Total Expenses	101.50	19.07
Profit / (Loss) Before Tax	-6.35	-16.06
Deferred Tax Expenses / (Income)	-1.33	-
(Loss) / Profit For The Year	-5.03	-16.06
Other Comprehensive Income For The Year
Liability/Asset	-0.31	-
Income Tax Relating To Above Mentioned Items	0.08	-
Total Comprehensive Income For The Year	-5.26	-16.06
Earnings Per Share
Basic And Diluted	-0.26	-3.68

 

63SATS Cybertech Limited Standalone Cash Flow Statement (Rs in Crores)

Particulars	31-03-2026	31-03-2025
Cash Flow From Operating Activities
Profit / (Loss) Before Tax	-6.36	-16.06
Adjustments For:
Depreciation And Amortization Expense	0.74	0.14
Gain On Fair Valuation Of Financial Assets At FVTPL	-5.12	-0.08
Finance Costs	1.54	0.74
Dividend Income	-	-0.33
Interest Income	-2.86	-0.20
Operating Profit / (Loss) Before Working Capital Changes	-12.07	-15.79
Trade Receivables, Loans, Other Financial Assets And Other Assets	-63.15	-2.54
Trade Payables, Other Financial Liabilities, Other Liabilities And Provision	7.64	2.58
Cash Used In Operations	-67.57	-15.75
Net Income Tax Paid	-6.04	-0.29
Net Cash Flow From Operating Activities	-73.61	-16.04
Cash Flow From Investing Activities
Capital Expenditure On PP&E And Other Intangible Assets Including Capital Advances	-32.02	-0.32
Purchase Of Financial Assets - Others	-290.78	-3.50
Bank Deposits Not Considered As Cash And Cash Equivalents (Net)	-43.33	0.41
Sale Of Investments	212.55	-
Placement Of Inter Corporate Deposit	-40.00	-
Interest Income	2.28	0.23
Dividend On Investments	-	0.33
Net Cash Flow From Investing Activities	-191.30	-2.85
Cash Flow From Financing Activities
Issue Of Share Capital Including Share Premium	248.44	5.00
Borrowing - Issue Of Zero Coupon Unsecured Optionally Fully Convertible Debentures	48.75	15.00
Repayment Of Lease Liabilities - Principal	-0.03	-0.09
Repayment Of Lease Liabilities - Interest	-	-0.02
Net Cash Used In Financing Activities	297.16	19.89
Net Increase In Cash And Cash Equivalents	32.26	0.99
Cash And Cash Equivalents (Opening Balance)	1.07	0.07
Cash And Cash Equivalents (Closing Balance)	33.32	1.07

 

Summary of the Cash Flow Statement for the years 2026 and 2025:

Cash Flow from Operating Activities

The company’s operating cash flow remained negative and deteriorated significantly during FY 2025-26. Cash flow from operating activities declined from ₹(16.04) crore in FY 2024-25 to ₹(73.61) crore in FY 2025-26. The loss before tax improved from ₹(16.06) crore to ₹(6.36) crore, but this improvement did not translate into better operating cash generation. The major reason was the substantial increase in working capital requirements, particularly trade receivables, loans, other financial assets and other assets, which resulted in a cash outflow of ₹63.15 crore, compared with only ₹2.54 crore in the previous year. Consequently, cash used in operations increased sharply to ₹67.57 crore. After payment of ₹6.04 crore in income taxes, net operating cash outflow stood at ₹73.61 crore. Overall, this indicates that the company was consuming substantial cash in its operating cycle, and its internal operations were not yet generating sufficient cash to fund the business.

 

Cash Flow from Investing Activities

Cash flow from investing activities showed a substantial cash outflow of ₹191.30 crore in FY 2025-26, compared with only ₹2.85 crore in FY 2024-25. The major outflow was the purchase of financial assets amounting to ₹290.78 crore, indicating significant deployment of surplus funds into investments or other financial instruments. The company also incurred ₹32.02 crore on property, plant and equipment and intangible assets, suggesting increased investment in its business infrastructure. In addition, ₹43.33 crore was deployed in bank deposits and ₹40 crore was placed as an inter-corporate deposit. These outflows were partly offset by ₹212.55 crore from the sale of investments and ₹2.28 crore of interest income. Thus, the investing section reflects an active deployment and reallocation of funds, with the company making substantial investments while also liquidating certain investments. Compared with the previous year, the scale of investing activity increased dramatically.

 

Cash Flow from Financing Activities

The financing section was the principal source of cash during FY 2025-26, generating a net inflow of ₹297.16 crore, compared with ₹19.89 crore in FY 2024-25. The company raised ₹248.44 crore through issue of share capital, including share premium, representing the largest source of funds. It also raised ₹48.75 crore through zero-coupon unsecured optionally fully convertible debentures. These inflows more than offset the small repayments relating to lease liabilities. The significant increase in financing inflows indicates that the company relied heavily on external funding, particularly equity and convertible debt, to finance its cash requirements. This was important because the company had negative cash flows from both operating and investing activities.

 

Net Change in Cash and Cash Equivalents

Despite the combined negative cash flows from operating and investing activities, the strong financing inflow resulted in a net increase in cash and cash equivalents of ₹32.26 crore during FY 2025-26, compared with only ₹0.99 crore in FY 2024-25. The company started the year with cash and cash equivalents of ₹1.07 crore and ended with ₹33.32 crore. Therefore, the increase in cash balances was primarily attributable to funds raised through equity and convertible debentures rather than cash generated from operations.

 

Financial ratios of 63SATS Cybertech Limited 

Particulars	31-03-2026	31-03-2025
Current Ratio	29.73	3.68
Return On Equity Ratio	-4.32%	-
Net Profit Ratio	-7.29%	-670.19%
Return On Capital Employed	-1.53%	-222.85%
Return On Investment	6.19%	5.92%
Net Capital Turnover Ratio	0.33	0.37
Trade Receivables Turnover Ratio	2.97	10.88
Trade Payables Turnover Ratio	0.03	2.05

 

Summary of Financial Ratios for the year 2026 and 2025:

Current Ratio

The Current Ratio improved substantially from 3.68 times in FY 2024-25 to 29.73 times in FY 2025-26. This indicates a very strong short-term liquidity position, with the company holding significantly more current assets than current liabilities. While a high current ratio suggests that the company should have little difficulty meeting its short-term obligations, the exceptionally high ratio may also indicate that a considerable portion of current assets is not being efficiently utilized. Therefore, the company has strong liquidity, but it should focus on deploying excess current assets productively.

 

Return on Equity Ratio

The Return on Equity (ROE) was -4.32% in FY 2025-26, indicating that the company generated a negative return on shareholders ' funds during the year. The negative ROE is primarily associated with the company’s loss position. Although the ratio for FY 2024-25 is not available, the current negative return indicates that shareholders ' capital is not currently generating positive earnings. Improvement in profitability will be necessary for the company to generate an attractive return on equity.

 

Net Profit Ratio

The Net Profit Ratio improved considerably from -670.19% in FY 2024-25 to -7.29% in FY 2025-26. Although the ratio remains negative, the significant improvement indicates that the company’s losses have reduced substantially in relation to its revenue. A negative net profit ratio means that the company continued to incur a net loss during FY 2025-26. However, the movement from -670.19% to -7.29% represents a major improvement in profitability, and continued revenue growth and cost control could potentially move the ratio into positive territory.

 

Return on Capital Employed

The Return on Capital Employed (ROCE) improved sharply from -222.85% in FY 2024-25 to -1.53% in FY 2025-26. The negative ratio indicates that the company was still unable to generate a positive operating return from the capital employed. However, the substantial improvement suggests a significant reduction in the negative return compared with the previous year. The company needs to improve operating profitability and ensure more productive utilization of its capital base to achieve positive ROCE.

 

Return on Investment

The Return on Investment (ROI) increased from 5.92% in FY 2024-25 to 6.19% in FY 2025-26. This indicates a modest improvement in the returns generated from investments. Unlike the negative profitability-based ratios, ROI remained positive in both years, suggesting that the company 's investment portfolio continued to generate returns. The improvement is relatively small, but it indicates stable and slightly better investment performance during FY 2025-26.

 

Net Capital Turnover Ratio

The Net Capital Turnover Ratio declined slightly from 0.37 times to 0.33 times. This indicates that the company generated marginally less revenue for every rupee of net capital employed compared with the previous year. The decline suggests that capital utilization efficiency weakened slightly. The company may need to improve the utilization of its capital and increase revenue generation from the resources deployed in the business.

 

Trade Receivables Turnover Ratio

The Trade Receivables Turnover Ratio declined significantly from 10.88 times in FY 2024-25 to 2.97 times in FY 2025-26. This is a major deterioration in receivables management and indicates that receivables were being collected more slowly. The lower turnover also suggests that a greater amount of funds was tied up in trade receivables. This is consistent with the cash flow statement, where ₹63.15 crore was absorbed by trade receivables, loans, other financial assets and other assets. Strengthening credit control and accelerating collections would therefore be important for improving liquidity and operating cash flows.

 

Trade Payables Turnover Ratio

The Trade Payables Turnover Ratio declined sharply from 2.05 times to 0.03 times. This indicates a significant reduction in the rate at which the company was settling its trade payables. A very low ratio may suggest that the company is taking considerably longer to make payments to suppliers or that the level of trade payables has increased substantially relative to purchases. While delaying payments can conserve cash in the short term, an excessively low turnover ratio may affect supplier relationships and credit terms if it persists.