Sankhya Infotech Reports Zero Revenue, ₹3.59 Crore Loss for FY26

Sankhya Infotech Limited recorded zero revenue from operations for the financial year ended March 31, 2026, and a net loss of ₹3.59 crore.

Reader Takeaway: Zero revenue generation and auditor's going concern warning are key investor concerns.

What just happened

Sankhya Infotech Limited has reported its financial results for the fiscal year 2026. The company generated no revenue from its operations during the period. The reported net loss after tax stands at ₹3.59 crore (₹359.47 lakh). This loss is primarily driven by depreciation and amortization expenses, which amounted to ₹4.44 crore (₹444.36 lakh).

Why this matters

For investors, the zero operational revenue is a critical indicator of the absence of core business activity. The net loss, while lower than the previous year's ₹4.05 crore, continues to impact the company's financials. The most significant point is the auditor's 'Emphasis of Matter' on a 'Material Uncertainty Related to Going Concern'. This highlights substantial doubt about Sankhya Infotech's ability to continue its operations in the future.

The backstory

Sankhya Infotech is currently operating under a resolution plan approved by the National Company Law Tribunal (NCLT) in FY 2022-23. This plan involves changes in management and the merger of Gwebitsol Private Limited. The company's financial statements are prepared on a going concern basis, relying heavily on the successful implementation of this NCLT-approved revival plan, future cash flows, and continued funding.

What changes now

The company's future financial stability and operational viability are intrinsically linked to the successful execution of the NCLT-approved revival strategy. Investors must closely track the progress of these revival measures, as they are the sole basis for the company's continuation.

Risks to watch

The primary risks revolve around the dependency on the NCLT resolution plan's execution. The complete lack of revenue indicates no core business activity currently, and the auditor's going concern warning signifies a potential survival risk if the revival measures falter.

Peer comparison

Direct peer comparison is challenging given Sankhya Infotech's unique situation of operating under an NCLT resolution plan with zero revenue. Typically, companies in the IT services sector aim for consistent revenue growth and profitability. Sankhya Infotech's current state reflects a turnaround phase rather than standard industry performance.

Context metrics (time-bound)

• Revenue from Operations (FY2026): ₹0 crore.
• Net Loss (FY2026): ₹3.59 crore.
• Net Loss (FY2025): ₹4.05 crore.
• Depreciation & Amortization (FY2026): ₹4.44 crore.
• Total Assets (as of March 31, 2026): ₹100.93 crore.
• Total Equity (as of March 31, 2026): ₹99.42 crore.

What to track next

Investors should monitor the progress of the NCLT-approved resolution plan, management's execution of revival strategies, and any announcements regarding the company's operational activities or future funding.