Bench Mark Infotech Services Limited write-back supplied 21.52% of PBT

Bench Mark Infotech Services Limited recorded a Rs 2.9347 crore creditor write-back in FY26, equal to 21.52% of its Rs 13.6367 crore restated profit before tax, or PBT. The company classifies the write-back as non-recurring and not related to business activity, so reported FY26 profit included a material other-income item outside revenue from operations.

How much did Bench Mark’s creditor write-back add to FY26 PBT?

Bench Mark’s Rs 2.9347 crore creditor write-back represented 21.52% of FY26 PBT of Rs 13.6367 crore. That calculation uses the disclosed Rs 293.47 lakh write-back and Rs 1,363.67 lakh restated PBT for the year ended March 31, 2026. The company recorded the item within other income rather than revenue from operations.

A creditor write-back is income recognised when a liability to a creditor is reversed in the accounts. Bench Mark labels its FY26 creditor write-back non-recurring and not related to business activity. Removing only that item from reported FY26 PBT would, as an arithmetic adjustment, leave Rs 10.7020 crore, although that amount would still contain Rs 52.04 lakh of fixed-deposit interest and Rs 0.94 lakh of miscellaneous income.

Bench Mark’s total other income was Rs 3.4645 crore in FY26, compared with Rs 75.69 lakh in FY25 and Rs 66.56 lakh in FY24. The restated financial information says total other income was 25.41% of FY26 PBT, against 9.53% in FY25 and 32.30% in FY24. The 25.41% disclosure applies to all other income, not solely to creditors written back.

Why was Bench Mark’s FY26 creditor write-back higher?

Bench Mark’s creditor write-back rose to Rs 2.9347 crore in FY26 from Rs 25.33 lakh in FY25 and Rs 17.96 lakh in FY24. The FY26 amount was Rs 2.6814 crore above FY25. It equalled 47.11% of the Rs 5.6922 crore increase in restated PBT between FY25 and FY26.

The supplied financial information does not name the creditors, state the age of the liabilities reversed, or explain the accounting basis for the Rs 2.9347 crore write-back. It establishes that the entry was included in other income and classified as non-recurring. Whether a comparable contribution occurs again would therefore depend on future reversals of creditor balances, for which the supplied disclosures provide no plan or forecast.

Bench Mark reported total trade creditors of Rs 34.4828 crore at March 31, 2026, down from Rs 35.2453 crore at March 31, 2025. The March 2026 ageing schedule included Rs 4.0713 crore outstanding for one to two years, Rs 1.4932 crore for two to three years and Rs 1.3111 crore for more than three years. The company does not link any of those ageing categories to the FY26 write-back.

Did Bench Mark’s operating revenue also grow in FY26?

Bench Mark’s revenue from operations increased 20.96% to Rs 60.5276 crore in FY26 from Rs 50.0385 crore in FY25. Revenue was Rs 34.0951 crore in FY24, making the FY26 total Rs 26.4325 crore above the FY24 level. This operating-revenue growth is separate from the Rs 2.9347 crore non-recurring creditor write-back in other income.

IT Infrastructure Solutions Projects generated Rs 50.4521 crore in FY26, or 83.35% of operating revenue, compared with Rs 42.4669 crore in FY25. Sale of services contributed Rs 10.0755 crore, or 16.65%, compared with Rs 7.5716 crore a year earlier. Projects added Rs 7.9852 crore year on year, while services added Rs 2.504? crore according to the disclosed segment totals; using the stated values, the service increase is Rs 2.504? crore only where the source's rounded presentation permits that comparison.

Purchases of stock-in-trade declined to Rs 22.3197 crore in FY26 from Rs 26.3640 crore in FY25, while direct expenses rose to Rs 20.9752 crore from Rs 11.0722 crore. Project cost, which includes installation, commissioning, fibre maintenance and other directly attributable expenses, increased to Rs 20.6012 crore from Rs 10.6889 crore. The revenue increase therefore occurred alongside a changed mix of purchases and directly attributable project costs.

What changed in Bench Mark’s reported profit and expense base?

Bench Mark’s restated PBT increased 71.65% to Rs 13.6367 crore in FY26 from Rs 7.9445 crore in FY25. FY25 PBT was Rs 2.0609 crore in FY24. The Rs 5.6922 crore FY26 increase reflects higher operating revenue, changes in expense lines and the Rs 2.6814 crore year-on-year rise in creditor write-backs.

Employee-benefit expense rose to Rs 3.1851 crore in FY26 from Rs 2.6903 crore in FY25. Directors’ remuneration increased to Rs 1.32 crore from Rs 1.08 crore, while salaries and wages increased to Rs 1.5415 crore from Rs 1.3895 crore. Finance cost rose to Rs 57.87 lakh from Rs 43.36 lakh, including Rs 18.59 lakh of interest on late payment of taxes in FY26.

Other expenses increased to Rs 3.8720 crore in FY26 from Rs 2.4108 crore in FY25. The FY26 expense included Rs 1.1099 crore of sundry balances written off, Rs 41.38 lakh of provision for bad and doubtful debts, and Rs 8.52 lakh of corporate social responsibility expense. A bad-debt provision is an expense booked against receivables considered at risk of non-collection; Bench Mark reported Rs 41.38 lakh of disputed receivables considered doubtful at March 31, 2026.

What does Bench Mark’s creditor ageing show?

Bench Mark’s March 2026 trade creditors were concentrated in balances due within one year, which totalled Rs 27.6072 crore, or 80.06% of total creditors of Rs 34.4828 crore. Creditors classified as others were Rs 32.6433 crore, while micro, small and medium enterprises, or MSMEs, accounted for Rs 1.8395 crore. The ageing schedule reported no disputed dues for either MSMEs or other creditors.

The balance outstanding for more than three years declined to Rs 1.3111 crore at March 31, 2026 from Rs 4.0468 crore a year earlier. However, the one-to-two-year balance increased to Rs 4.0713 crore from Rs 3.5391 crore, and the two-to-three-year balance increased to Rs 1.4932 crore from Rs 42.79 lakh. These movements provide context on the payable profile but do not identify the liabilities included in the Rs 2.9347 crore write-back.

Bench Mark’s net trade receivables rose to Rs 54.9796 crore at March 31, 2026 from Rs 37.9582 crore at March 31, 2025. Receivables considered good and outstanding for more than one year totalled Rs 9.7583 crore, comprising Rs 6.3876 crore for one to two years, Rs 2.3248 crore for two to three years and Rs 1.0459 crore for more than three years. The supplied disclosures present receivable provisioning and creditor write-backs separately and do not state that one caused the other.

Conclusion

Bench Mark’s FY26 PBT expansion was not solely an operating-business outcome because the Rs 2.9347 crore creditor write-back supplied 21.52% of the Rs 13.6367 crore reported pre-tax total and 47.11% of the year-on-year PBT increase. Operating revenue also increased by Rs 10.4891 crore, led by IT Infrastructure Solutions Projects, while direct expenses and other expenses rose.

The next reported period should indicate whether creditor write-backs recur after FY26, since Bench Mark classifies the item as non-recurring and discloses no plan for further entries. The composition and ageing of the Rs 34.4828 crore March 2026 creditor balance, including Rs 6.8756 crore outstanding for more than one year, remain relevant, although the current disclosures do not connect those balances to a future write-back.