NINtec Systems Ltd Management Discussions

Google announced US$ 15 billion investment over 2026-2030 for an AI Hub and data centre in Visakhapatnam, marking its largest commitment in India to advance AI capabilities and services.¹

A report from the Reserve Bank of India (RBI) suggests that generative Artificial Intelligence (AI) has the potential to enhance banking operations in India by up to 46%.¹

Computer software and hardware make up 15.54% of the cumulative FDI equity inflows.¹

In November 2025, ESTIC 2025 announced a Rs. 1,00,000 crore (US$ 11.56 billion) scheme to boost private sector research, development and innovation in India¹

Financial Year 2027 is expected to mark the maturation of AI spending, balancing near-term speed-to-market initiatives with long-cycle enterprise re-engineering.²

1 IBEF June 2026

2 NASSCOM Strategic Review 2026

Nintec Systems Limited is well poised in delivering software development services and solutions to global enterprises and to adopt new technologies. It is a provider of consulting, technology, outsourcing and digital services, enabling clients in different countries to create and execute strategies for their digital transformation. We have specialised in off/on-shore software product development, software migration, multimedia design & development, application development & maintenance and web designing.

NINtec constantly strives to recognize the business opportunity behind the changing environment especially in identifying offerings in new arenas i.e. cyber space which is really useful in the competitive environment. While our clients proactively seek support and strategic inputs as they look towards embarking on their digital journey, our team imbibes the leading best practices with out of box solutions to deliver client objectives. The Company’s strategy for long term growth is to continuously expand the addressable market, increase the customer-base and superior execution that gives clients an experience of digital transformation.

NINtec maintains an adequate internal control system, which provides, among other things, reasonable assurance of recording the transactions of its operations in all material aspects and of providing protection against significant misuse or loss of Company’s assets. Integrated Framework is intended to increase transparency and accountability in an organization’s process of designing and implementing a system of internal control. The framework requires a Company to identify and analyze risks and manage appropriate responses. The Company has successfully laid down the framework and ensured its effectiveness.

The Company operates in only single segment. Hence segment wise performance is not applicable

Information Technology support services remain an increasingly competitive business environment. With the change in emerging technology areas, Companies have become dependent on technology not only for day-to-day operations, but also for the use of technology as a strategic tool to enable them to re-engineer business processes, restructure operations, ensure regulatory compliances, etc. Over the coming years, the industry will see huge demand in cloud-based applications, big data & analytics, mobile systems, social media etc. This provides an opportunity for providers to support and integrate Company IT systems on an on-going basis. The IT Industry becomes a powerful tool used by Companies to reduce their costs. Small and medium business houses have also started using IT with the emergence of cloud computing. Global cloud market is expected to grow faster than overall IT.

The Company intends its growth share with the existing clients which will have a supplemental effect of reducing overhead and delivery costs. The Company’s business model is such that helps in evolving to meet the pace of change in its customers customer base. Your Company intends to continue building on the strength of its superior service delivery culture to seize the existing opportunities.

In the midst of a challenging business environment, there are certain threats which can have impact on the business of the Company. We understand that in order to remain competitive and to continue being a trusted partner to our customers, we need to expand our operational scope to provide better services and capabilities. While businesses are trying with every passing day to integrate information technology in their daily life, user organisations are facing several challenges in terms of performance and integration with existing applications.

Nintec Systems Limited, during the year under review achieved revenue from operations of 10,169.56 lakhs on Standalone basis and 17,016.78 lakhs on Consolidated basis, Profit Before tax 3,728.10 lakhs on Standalone basis and 4,281.12 lakhs on Consolidated basis, Profit After tax 2,779.89 lakhs on Standalone basis and 3,201.16 lakhs on Consolidated basis and Total Tax expense 948.21 lakhs on Standalone basis and 1079.96 lakhs on Consolidated basis as compared to the previous Financial Year 2024-2025 where the Revenue from Operations was 8,584.70 lakhs on Standalone basis and 13,980.42 lakhs on Consolidated basis, Profit Before tax 3,109.16 lakhs on Standalone basis and 3,499.10 lakhs on Consolidated basis, Profit After tax 2,331.34 lakhs on Standalone basis and 2,632.20 lakhs on Consolidated basis and Total Tax expense 777.82 lakhs on Standalone basis and 866.90 lakhs on Consolidated basis. The Basic and Diluted Earnings per share of the company as on 31st March, 2026 is 14.96 on a standalone basis and 17.23 on consolidated basis.

Volatility in global economies have become the new common in recent times and since India IT industry is largely focused on markets outside India, fluctuations in major currencies due to unstable economic conditions impact revenue and profits of the IT industry. However, the company has a defined policy for managing its foreign exchange exposure minimizing the currency risk which results in stable earnings.

The company maintains strong relationships with its employees, prioritizing a balanced work-life approach that fosters innovation, excellence, and mutual trust between personnel and the organization. As of March 31, 2026, the Company employs a total of 441 permanent staff members. In addition, the company is committed to ongoing training programs designed to enhance both technical and behavioral skills at every level, supporting the development of a dynamic and innovative work culture. The directors would like to express their sincere gratitude to all employees for their unwavering support.

Statements made in this Management Discussions and Analysis describing Company’s objectives and predictions may be "forward-looking Statements" involving future plans of the Company within the meaning of applicable laws and regulations. Actual results may differ from those expressed herein. The Company is dependent on factors that can impact the operations i.e. Government regulations, tax regimes, and economic developments within India and other countries. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of their dates. The following discussion and analysis should be read in conjunction with the Companys financial statements included in this report and the notes thereto. Investors are also requested to note that this discussion is based on the Standalone Financial Results of the Company.

The key Financial Ratios during Financial Year 2025-26 and Financial Year 2024-25 are as below: