Excelsoft Technologies MD, chairman, board of directors and AGM
NSE: EXCELSOFTBSE: 544617IT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹77.28.
- Next results date: the board meets on 5 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹874 Cr1,510th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 18.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹4.74 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 17.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 Jul 2026
- 1.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Nov 2025
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 7 Aug 2026
- 8.1%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹4.74 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 8.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 8.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 Jul 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,71,51042.6% delivered
Excelsoft Technologies board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorDHANANJAYA SUDHANVA
- Company Secretary and Compliance OfficerS M ADITHYA JAIN
8 directors4 independent2 executive2 non-executive
- DHANANJAYA SUDHANVA · Chairperson and managing directorExecutive · joined Jun 2000 · reappointed Jun 2024 · 1 listed board · 1 committee seat
- LAJWANTI SUDHANVANon-executive · joined Aug 2008 · reappointed Sep 2008 · 1 listed board
- SHRUTHI SUDHANVAExecutive · joined Oct 2023 · reappointed Nov 2024 · 1 listed board · 1 committee seat
- COLIN HUGHESNon-executive · joined Sep 2009 · reappointed Sep 2010 · 1 listed board · 1 committee seat
- SHIVKUMAR PUNDALEEKA DIVATEIndependent · joined Jan 2025 · 20 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- ARUN KUMAR BANGARPET VENKATARAMANAPPAIndependent · joined Jan 2025 · 20 months as independent · 1 listed board · 1 as independent · 1 committee seat
- DESIRAJU SRILAKSHMIIndependent · joined Jan 2025 · 20 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- JAYAKUMAR KARUPPUSAMYIndependent · joined Mar 2026 · 6 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Doreswamy Palaniswamy, left 17 Mar 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 7 Aug 20268 of 8 present4 independent · 76 days in between
- 22 May 20268 of 8 present4 independent · 22 days in between
- 29 Apr 20267 of 8 present4 independent
Audit Committee
Chair SHIVKUMAR PUNDALEEKA DIVATE
ARUN KUMAR BANGARPET VENKATARAMANAPPA, SHRUTHI SUDHANVA, JAYAKUMAR KARUPPUSAMY
- 7 Aug 20264 of 4 present3 independent · 76 days in between
- 22 May 20264 of 4 present3 independent · 22 days in between
- 29 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair SHIVKUMAR PUNDALEEKA DIVATE
COLIN HUGHES, JAYAKUMAR KARUPPUSAMY
- 7 Aug 20263 of 3 present2 independent · 76 days in between
- 22 May 20263 of 3 present2 independent · 22 days in between
- 29 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair DESIRAJU SRILAKSHMI
DHANANJAYA SUDHANVA, COLIN HUGHES
- 7 Aug 20263 of 3 present1 independent · 76 days in between
- 22 May 20263 of 3 present1 independent
Risk Management Committee
Chair DHANANJAYA SUDHANVA
SHIVKUMAR PUNDALEEKA DIVATE, COLIN HUGHES
- 7 Aug 20263 of 3 present1 independent · 76 days in between
- 22 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair LAJWANTI SUDHANVA
SHRUTHI SUDHANVA, DESIRAJU SRILAKSHMI, ARUN KUMAR BANGARPET VENKATARAMANAPPA
- 7 Aug 20264 of 4 present2 independent · 76 days in between
- 22 May 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Ramaswamy VijayanandPeer-review certificate valid to May 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Excelsoft Technologies AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Excelsoft Technologies share news and announcements
Annual general meeting, 24 Sep 2026
72,272 shareholders on the register on 18 Sep 2026; present: 5 promoters and 48 others; votes counted by Vijayesh R / Padmavathi & Vijayesh Associates LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended 31 March, 2026, together with the reports of the Board of Directors and Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 61.69% · promoters 100.00% · institutions 9.97% · other public 6.06%
- To appoint a Director in place of Mr. Colin Hughes (DIN: 02642180) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 61.68% · promoters 100.00% · institutions 9.97% · other public 6.05%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 May 2026, 4 resolutions
77,507 shareholders on the register on 24 Apr 2026; votes counted by Vijayesh R / Padmavathi and Vijayesh Associates LLP.The company's voting result (opens in a new tab)
To appoint Dr. Jayakumar Karuppusamy (DIN: 03615535) as a Non-Executive Independent Director of the Company for a term of 5 (Five) consecutive years with effect from March 10, 2026, up to March 09, 2031.MoreLess
Special99.96% for0.05% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.58%
Turnout: all 63.37% · promoters 100.00% · institutions 45.54% · other public 5.09%
- To approve remuneration to be paid to Mr. Dhananjaya Sudhanva, Chairman and Managing Director (DIN: 00423641).SpecialPromoters have an interest in it97.10% for2.90% against
Against: promoters 0.00% · institutions 73.16% · other public 1.63%
Turnout: all 63.37% · promoters 100.00% · institutions 45.54% · other public 5.09%
- To approve the remuneration payable to Mrs. Shruthi Sudhanva, Whole Time Director (DIN: 06426159SpecialPromoters have an interest in it97.10% for2.90% against
Against: promoters 0.00% · institutions 73.16% · other public 1.63%
Turnout: all 63.37% · promoters 100.00% · institutions 45.54% · other public 5.09%
- To approve the holding of an office or place of profit and remuneration payable to Mr. Adarsh Sudhindratheertha Mysore, Chief Innovations Officer.OrdinaryPromoters have an interest in it57.03% for42.97% against
Against: promoters 0.00% · institutions 73.16% · other public 1.64%
Turnout: all 4.28% · promoters 0.00% · institutions 45.54% · other public 5.10%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 29 May 2026, 1 fund house
To appoint Dr. Jayakumar Karuppusamy (DIN: 03615535) as a Non-Executive Independent Director of the Company for a term of 5 (Five) consecutive years with effect from March 10, 2026, up to March 09, 2031.MoreLess
1 for0 against- To approve remuneration to be paid to Mr. Dhananjaya Sudhanva, Chairman and Managing Director (DIN: 00423641).1 for0 against
- To approve the remuneration payable to Mrs. Shruthi Sudhanva, Whole Time Director (DIN: 064261591 for0 against
- To approve the holding of an office or place of profit and remuneration payable to Mr. Adarsh Sudhindratheertha Mysore, Chief Innovations Officer.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtExcelsoft Technologies Canada Ltd.Since 27 Aug 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Tax disputeNational e-Assessment Centre - Under Income Tax Act, 1961Since 22 Apr 2021Commissioner of Income Tax (Appeals) -In-Progress
- Tax disputeAssistant Commissioner of Central Tax, Vijayanagar Division (Mysore) The Goods and Services Act, 2017Since 29 Feb 2024Appellate Authority - In-Progress
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Public IssuesNov 2025, checked by CARE Ratings Limited | 180.00 | (A) Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property | 61.77 | 33.01 | No | Audit committee: The Audit Committee noted that there is no deviation or variation in the utilisation of issue proceeds from the objects stated in the Prospectus. |
| Public IssuesNov 2025, checked by CARE Ratings Limited | 180.00 | (B) Funding of capital expenditure for upgradation and external electrical systems of our Existing Facility at Mysore, India; | 39.51 | 0.00 | No | Audit committee: The Audit Committee noted that there is no deviation or variation in the utilisation of issue proceeds from the objects stated in the Prospectus. |
| Public IssuesNov 2025, checked by CARE Ratings Limited | 180.00 | (C) Funding Upgradation of our Company’s IT Infrastructure (Software, Hardware and Communications & Network Services) | 54.64 | 10.69 | No | Audit committee: The Audit Committee noted that there is no deviation or variation in the utilisation of issue proceeds from the objects stated in the Prospectus. |
| Public IssuesNov 2025, checked by CARE Ratings Limited | 180.00 | (D)General Corporate Purposes | 8.98 | 7.79 | No | Audit committee: The Audit Committee noted that there is no deviation or variation in the utilisation of issue proceeds from the objects stated in the Prospectus. |
| Public IssuesNov 2025, checked by CARE Ratings Limited | 180.00 | (E)Offer related expenes | 15.11 | 15.11 | No | Audit committee: The Audit Committee noted that there is no deviation or variation in the utilisation of issue proceeds from the objects stated in the Prospectus. |