SPOCHUB Solutions Private Limited Reports Rs 84.949 Crore Revenue

SPOCHUB Solutions Private Limited reported FY2026 revenue from operations of Rs 84.949 crore and profit of Rs 53.964 crore, after its FY2024 and FY2025 financial-information rows showed no reported operating revenue. Its FY2026 net worth rose to Rs 54.206 crore from Rs 12 lakh in FY2025.

How did SPOCHUB report Rs 84.949 crore of FY2026 revenue?

SPOCHUB moved from revenue-from-operations rows shown as dashes in FY2024 and FY2025 to Rs 84.949 crore in FY2026. Its profit or loss also changed from losses of Rs 2 lakh in each of FY2024 and FY2025 to FY2026 profit of Rs 53.964 crore. The subsidiary financial table therefore records a change in both reported revenue and profit across the three fiscal years.

SPOCHUB's FY2026 profit equalled 63.53% of its FY2026 revenue from operations, calculated from the disclosed Rs 53.964 crore profit and Rs 84.949 crore revenue. This is a comparison of reported figures rather than an operating-profit margin because the subsidiary disclosure does not provide expenses, finance costs, tax expense or a reconciliation from operating revenue to profit.

The dash shown in SPOCHUB's FY2024 and FY2025 revenue rows is not a stated numerical revenue value. The disclosed subsidiary section does not identify a product, customer, contract, geography or accounting event behind the Rs 84.949 crore FY2026 revenue. The figures establish the scale of the FY2026 change but do not establish the revenue source or recurrence.

What business does SPOCHUB conduct?

SPOCHUB was incorporated as a private company under the Companies Act, 2013, on February 25, 2021, with corporate identity number U72900MH2021PTC355918. Its registered office is at B-24 and 25, Nice Industrial Area, Satpur M.I.D.C., Nashik-422 007.

SPOCHUB's stated scope includes gathering, organising, managing, acquiring, disseminating, marketing and trading information, data, statistics, computer-based information systems, databases, library services and information sciences. The scope also covers information in modified forms and formats, but the FY2026 disclosure does not link the Rs 84.949 crore of revenue to a named activity within that description.

SPOCHUB was one of three subsidiaries listed as of the prospectus date, alongside ESDS Cloud FZ-LLC and ESDS Global Software Solution Inc. The company states that its subsidiaries operate in the same line of business as the company and have common pursuits, and says it will adopt procedures and practices permitted by law and regulatory guidelines if conflicts arise.

How concentrated was FY2026 subsidiary revenue in SPOCHUB?

SPOCHUB accounted for 87.60% of the Rs 96.966 crore total numerical revenue reported by the three subsidiaries for FY2026. SPOCHUB reported Rs 84.949 crore, while ESDS Cloud FZ-LLC reported Rs 12.017 crore and ESDS Global Software Solution Inc.'s revenue-from-operations row was shown as a dash.

SPOCHUB reported Rs 53.964 crore of FY2026 profit, compared with Rs 5.462 crore for ESDS Cloud FZ. On the reported numerical profit figures, SPOCHUB represented 90.81% of the Rs 59.426 crore combined profit of the three subsidiaries; ESDS Global's profit or loss row was shown as a dash.

ESDS Cloud FZ, which provides information-technology services, increased revenue from Rs 3.907 crore in FY2025 to Rs 12.017 crore in FY2026 and changed from a Rs 4.046 crore loss to Rs 5.462 crore profit. ESDS Global, a Delaware corporation incorporated on July 1, 2019 that provides data-centre and managed services, showed dashes for revenue and profit or loss in FY2024, FY2025 and FY2026. These reported figures show that FY2026 numerical subsidiary revenue was concentrated in SPOCHUB.

Who owns SPOCHUB and what does its capital show?

ESDS Software Solution Limited holds 19,800 of SPOCHUB's 20,000 issued, subscribed and paid-up equity shares, or 99.00%. Piyush Prakashchandra Somani and Ranjan Singh each hold 100 shares, equal to 0.50% apiece.

SPOCHUB's 20,000 paid-up shares have a face value of Rs 10 each, representing paid-up nominal capital of Rs 2 lakh, while its authorised capital is 50,000 shares of Rs 10 each, or Rs 5 lakh. Its FY2026 net worth of Rs 54.206 crore differs from nominal capital because the disclosed definition includes qualifying reserves and profit-and-loss balances after specified deductions.

The prospectus defines net worth as paid-up capital, reserves created out of profits, securities premium and the debit or credit balance of profit and loss, subject to stated deductions. It excludes revaluation reserves, depreciation write-backs, amalgamation reserves, share-based-payment reserves, debenture-redemption reserves and capital-redemption reserves. SPOCHUB's net worth rose from Rs 12 lakh in FY2025 to Rs 54.206 crore in FY2026, alongside the Rs 53.964 crore FY2026 profit, although no movement schedule is provided.

What does SPOCHUB's FY2026 net-debt figure mean?

SPOCHUB reported negative net debt of Rs 1,244.203 crore in FY2026, compared with negative Rs 14 lakh in FY2025 and negative Rs 20 lakh in FY2024. The prospectus defines net debt as current and non-current borrowings less cash and cash equivalents and bank balances other than cash equivalents.

A negative net-debt result under that definition means the specified cash and bank balances exceeded borrowings. The subsidiary disclosure does not provide the cash, bank-balance or borrowing line items behind the FY2026 figure, which was larger than SPOCHUB's Rs 84.949 crore revenue and Rs 54.206 crore net worth. It therefore does not explain the movement from negative Rs 14 lakh in FY2025.

SPOCHUB reported no contingent liabilities in FY2024, FY2025 or FY2026. The company also states that, as of the prospectus date, no subsidiary had accumulated profits or losses that had not been accounted for by the company; those disclosures do not identify the source of SPOCHUB's FY2026 revenue or profit.

Conclusion

SPOCHUB's FY2026 results materially changed the disclosed subsidiary mix, with Rs 84.949 crore of revenue from operations and Rs 53.964 crore of profit after revenue rows shown as dashes in FY2024 and FY2025. ESDS Software Solution Limited's 99.00% shareholding gives it near-complete ownership of the subsidiary that represented 87.60% of the disclosed numerical FY2026 subsidiary revenue.

The next disclosure to watch is whether the company identifies the source and durability of SPOCHUB's FY2026 revenue, profit and negative Rs 1,244.203 crore net debt. The company has disclosed common pursuits between itself and its subsidiaries and a plan to adopt legally permitted procedures and regulatory practices if conflicts arise, but it has not disclosed a specific SPOCHUB revenue pipeline or expansion plan.