RNIT AI Solutions Q4 FY26 profit up 21%, income 62%

Key takeaway from the latest update

RNIT AI Solutions Ltd (NSE: RNITAI) reported a stronger March 2026 quarter, with net profit rising to ₹4.35 crore. The company’s audited results for the quarter and year ended March 31, 2026 were approved by the board and disclosed as an outcome of a board meeting on audited financials. The update was listed as last updated on May 02, 2026.

Quarterly performance matters for RNITAI because it comes alongside a capital-raising exercise and a sharp change in the company’s financial structure after a Corporate Insolvency Resolution Process (CIRP). Investors are also tracking how operating improvements and higher borrowings are moving in parallel.

Q4 FY26 numbers: revenue, EBITDA, and profit

For the March 2026 quarter, RNIT AI Solutions reported total income (revenue) of ₹18.25 crore. This compared with ₹14.06 crore in the December 2025 quarter, implying 29.8% quarter-on-quarter growth.

EBITDA for the March 2026 quarter was ₹7.72 crore, up from ₹6.03 crore in the December 2025 quarter, a 28.03% sequential increase. Net profit for the March 2026 quarter stood at ₹4.35 crore compared with ₹3.60 crore in the prior quarter, representing 20.83% growth.

The company also stated that net profit in Q4 FY26 rose 47.02% year-on-year, based on its audited results for the quarter ended March 31, 2026.

Full-year FY26 performance: income and net profit acceleration

For the full fiscal year ended March 31, 2026, RNIT AI Solutions reported total annual income of ₹52.28 crore. This was described as a 61.94% increase over the previous year.

Annual net profit was reported at ₹12.02 crore, up 66.69% from the prior year. Earnings per share (EPS) for FY26 improved to ₹1.57 from ₹1.00 in FY25, as per the same audited disclosure.

The company’s narrative around FY26 emphasised that profits increased faster than revenue for the full year, pointing to better efficiency and profitability during the period.

Preferential allotment: size, pricing, and investor mix

RNIT AI Solutions completed a preferential allotment in March 2026, raising ₹26.33 crore at ₹50 per share from strategic investors. The company allotted 5,266,537 equity shares of face value ₹10 each at a price of ₹50 per share, including a premium of ₹40 per share.

The investor list was described as including Alternative Investment Funds (AIFs), strategic investors, and High Net-Worth Individuals (HNIs), with Sageone-Flagship Growth OE Fund mentioned as the largest investor. The company stated the proceeds would be used to expand AI-led solutions in government and enterprise sectors, strengthen proprietary technology platforms and SaaS offerings, and support working capital and general corporate requirements.

One part of the provided financial highlights also describes the preferential allotment proceeds as ₹50.16 crore (reported as ₹5,016 lakh). This figure appears alongside the same share count and price, which are also stated to have raised ₹26.33 crore.

Balance sheet and liquidity indicators investors are tracking

A key risk highlighted in the update was the sharp rise in current borrowings. Current borrowings increased from ₹3.42 crore in FY25 to ₹13.26 crore as of March 31, 2026, indicating higher reliance on short-term debt.

The company also disclosed that paid-up share capital stood at ₹71.80 crore as of March 31, 2025, and that this was significantly boosted by the preferential allotment completed in March 2026.

As per the FY2026 financial highlights provided, cash and cash equivalents increased to ₹28.68 crore as of March 31, 2026, from ₹7.76 crore a year earlier.

Business positioning: government-facing AI and FRS SaaS

RNIT AI Solutions said it is building a niche in AI-based Facial Recognition System (FRS) SaaS for the Indian government sector. The company positioned this focus as a differentiator versus larger technology players such as Tata Elxsi, Persistent Systems, and L&T Technology Services.

The stated use of funds from the preferential issue aligns with this positioning, with emphasis on scaling AI solutions, strengthening technology, and supporting the execution of larger projects.

Corporate history: CIRP, NCLT approval, merger, and rebranding

RNIT AI Solutions was formerly known as Autopal Industries Ltd. The company went through a Corporate Insolvency Resolution Process and received National Company Law Tribunal (NCLT) approval for a Resolution Plan in September 2024.

Following this, it merged with RNIT Solutions & Services Ltd and changed its name in February 2025. The preferential allotment in March 2026 was described as a further step that strengthened the equity base and liquidity after the post-CIRP transition.

Market data points mentioned in the update

The provided market snapshot included a BSE price of ₹52.71 (as on 13 Feb 2026 at 15:59). Another BSE EOD reference showed ₹53.00 at 10:08 on 06-01-2026, with a change of ₹0.50 (0.95%), volume of 17,946, an open of ₹53.48, and previous close of ₹52.50.

The same snapshot reported market capitalisation of ₹419 crore, a P/E ratio of 46.10, and ROCE of 8.76%.

Summary table: key numbers disclosed

What changes investors may watch next

The update flags two parallel tracks that investors tend to track together: improving operating performance and rising short-term debt. With current borrowings rising to ₹13.26 crore by March 31, 2026, attention is likely to remain on interest costs and working capital discipline.

At the same time, RNIT AI Solutions has indicated that the preferential issue is meant to fund expansion in AI-led government and enterprise solutions, proprietary technology enhancement, and working capital support. Future disclosures around project wins, deployment of proceeds, and the trajectory of borrowings will remain central to how markets assess the sustainability of the FY26 improvement.

Conclusion

RNIT AI Solutions closed FY26 with Q4 net profit of ₹4.35 crore and full-year income of ₹52.28 crore, alongside a ₹26.33 crore preferential allotment that strengthened equity but coincided with higher current borrowings. The next key reference points are the company’s subsequent quarterly filings and any updates on how the capital raised is deployed across its AI and digital governance portfolio.