Hilltone Software and Gases Ltd has turned profitable in FY 2025-26, reporting a profit of Rs 0.14 crore compared to a loss of Rs 0.16 crore in the previous year. Revenue nearly doubled to Rs 14.73 crore. The company completed a preferential share issue at Rs 44 per share to fund its gas, engineering, and IT divisions. Additionally, the engineering unit at its Haryana plant is now fully operational, securing new purchase orders. The 33rd AGM is scheduled for September 25, 2026.
Hilltone Software and Gases FY26 Turnaround
Profit of Rs 0.14 crore vs loss of Rs 0.16 crore in FY25.
Revenue from operations climbed to Rs 14.73 crore from Rs 7.54 crore.
Reader Takeaway: Profitability rebound and operational engineering division bolster growth, though recent tax search remains a technical oversight to watch.
What just happened
Hilltone Software and Gases Ltd released its Annual Report for the fiscal year ended March 31, 2026, showing a return to profitability. The company successfully executed a preferential issue of 22.47 lakh equity shares at Rs 44 apiece to fuel expansion across its three business segments. Furthermore, the company has declared that its engineering division at the Haryana plant is fully operational and has begun contributing to the order book.
Why this matters
The shift from a net loss to a profit highlights improving operational efficiency. The fresh capital infusion of approximately Rs 9.89 crore via the preferential issue provides the necessary liquidity to scale the engineering, gas, and IT divisions, which the management identifies as key drivers for the coming years.
Governance and Regulatory Update
In May 2025, the company underwent an Income Tax department search. The management clarified that no assets were seized, and they anticipate no further liabilities. Additionally, the company settled a Rs 1.42 lakh fine for a technical delay in filing its cash flow statement.
What to track next
Investors should look for the deployment efficiency of the recently raised capital and the revenue conversion rate of the new purchase orders received by the engineering unit. The upcoming Annual General Meeting on September 25, 2026, will also be key for shareholders to review the proposed appointment of a new Non-Executive Independent Director, Mr. Bhupeshbhai Ambalal Patel.