Latest news with #KelltonTech
Mint
5 days ago
- Business
- Mint
Small-cap stock under ₹50 jumps 10% after Q1 results 2025. Check details
Shares of small-cap IT services player Kellton Tech Solutions rallied close to 10 percent on Wednesday, August 13, after the company posted robust financial results for the quarter ended June 2025 (Q1FY26). The upbeat earnings, coupled with strategic AI-driven initiatives and notable project wins, bolstered investor sentiment. Kellton Tech reported a net profit of ₹ 22.7 crore for the June quarter, reflecting a 17.97 percent sequential rise and a 13.59 percent increase compared to the same period last year. Total revenue came in at ₹ 296.1 crore, up 3.1 percent quarter-on-quarter (QoQ) and 12.8 percent year-on-year (YoY). EBITDA stood at ₹ 35.8 crore, translating into an EBITDA margin of 12.1 percent. Commenting on the performance, Chairman and Whole-time Director Niranjan Chintam credited the company's strong leadership and AI-first approach for delivering sustainable client solutions. He highlighted Kellton's focus on partnerships and the deployment of Agentic AI and Generative AI capabilities to create collaborative environments. These advancements, he said, have strengthened the company's product engineering, data engineering, and cloud engineering capabilities, setting the stage for measurable client results. Looking ahead, Chintam said Kellton is positioning itself as a leading AI-powered partner, combining AI-driven research with advanced digital transformation capabilities to continue delivering value to stakeholders. During the quarter, the IT company secured three notable projects: A partnership with a global beverage leader to implement Configuration Compliance, ensuring continuous monitoring, automation, and regulatory adherence, thereby reducing compliance risks and enhancing audit readiness. A strategic engagement with a leading U.S. health insurer to integrate Security Center, enabling real-time vulnerability detection, scalable workflows, and accelerated incident response for stronger cybersecurity defenses. Collaboration with a premier Indian travel technology provider to apply Agentic AI–driven automation in backend engineering, particularly for Amadeus EDIFACT and high-impact integrations, under a Master Services Agreement that could expand into AI-powered integration accelerators. Kellton participated in a NATO-led conference in Finland, presenting project outcomes, solving complex client challenges, and earning praise from NATO representatives for professionalism. It executed a zero-downtime migration of a mission-critical application for a global agriculture and food production major. The company also launched KAI, an enterprise-grade Agentic AI platform enabling intelligent, context-aware automation. Additionally, it was recognised by a Big Four firm for enhancing agentic workflows and improving the Climate AI tool's stability, performance, and scalability. The smallcap stock surged as much as 9.8 percent to touch an intraday high of ₹ 27.65. It now trades 22 percent below its 52-week high of ₹ 35.50, reached in December 2024, and above its 52-week low of ₹ 19 hit in April 2025. Over the past year, the IT stock has declined more than 17 percent, including an 8 percent drop in 2025 year-to-date.
Mint
5 days ago
- Business
- Mint
Small-cap stock under ₹50 jumps 10% after Q1 results 2025. Check details
Shares of small-cap IT services player Kellton Tech Solutions rallied close to 10 percent on Wednesday, August 13, after the company posted robust financial results for the quarter ended June 2025 (Q1FY26). The upbeat earnings, coupled with strategic AI-driven initiatives and notable project wins, bolstered investor sentiment. Kellton Tech reported a net profit of ₹ 22.7 crore for the June quarter, reflecting a 17.97 percent sequential rise and a 13.59 percent increase compared to the same period last year. Total revenue came in at ₹ 296.1 crore, up 3.1 percent quarter-on-quarter (QoQ) and 12.8 percent year-on-year (YoY). EBITDA stood at ₹ 35.8 crore, translating into an EBITDA margin of 12.1 percent. Commenting on the performance, Chairman and Whole-time Director Niranjan Chintam credited the company's strong leadership and AI-first approach for delivering sustainable client solutions. He highlighted Kellton's focus on partnerships and the deployment of Agentic AI and Generative AI capabilities to create collaborative environments. These advancements, he said, have strengthened the company's product engineering, data engineering, and cloud engineering capabilities, setting the stage for measurable client results. Looking ahead, Chintam said Kellton is positioning itself as a leading AI-powered partner, combining AI-driven research with advanced digital transformation capabilities to continue delivering value to stakeholders. During the quarter, the IT company secured three notable projects: A partnership with a global beverage leader to implement Configuration Compliance, ensuring continuous monitoring, automation, and regulatory adherence, thereby reducing compliance risks and enhancing audit readiness. A strategic engagement with a leading U.S. health insurer to integrate Security Center, enabling real-time vulnerability detection, scalable workflows, and accelerated incident response for stronger cybersecurity defenses. Collaboration with a premier Indian travel technology provider to apply Agentic AI–driven automation in backend engineering, particularly for Amadeus EDIFACT and high-impact integrations, under a Master Services Agreement that could expand into AI-powered integration accelerators. Kellton participated in a NATO-led conference in Finland, presenting project outcomes, solving complex client challenges, and earning praise from NATO representatives for professionalism. It executed a zero-downtime migration of a mission-critical application for a global agriculture and food production major. The company also launched KAI, an enterprise-grade Agentic AI platform enabling intelligent, context-aware automation. Additionally, it was recognised by a Big Four firm for enhancing agentic workflows and improving the Climate AI tool's stability, performance, and scalability. The smallcap stock surged as much as 9.8 percent to touch an intraday high of ₹ 27.65. It now trades 22 percent below its 52-week high of ₹ 35.50, reached in December 2024, and above its 52-week low of ₹ 19 hit in April 2025. Over the past year, the IT stock has declined more than 17 percent, including an 8 percent drop in 2025 year-to-date. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India.com
02-07-2025
- Business
- India.com
This company shares in focus as as it considers conversion of foreign currency convertible bonds
शेयर बाजार में हाहाकार, अरबों डॉलर हुए स्वाहा Kellton Tech Solutions, an information technology consulting company, has announced that its security issuance committee, part of the board of directors, will meet on July 4, 2025, to consider and approve the conversion of Foreign Currency Convertible Bonds (FCCBs) into equity shares. In May, the company approved the allotment of FCCBs valued at USD 10 million to eligible investors, totaling USD 10,000,000. As per the information shared with exchanges, the bonds carry a coupon rate of 6.5 per cent per annum with a tenure of 10 years, maturing in 2035. The initial conversion price was set at Rs 106 per equity share, it added. What Are Foreign Currency Convertible Bonds? Foreign Currency Convertible Bonds or FCCBs are debt instruments issued by a company. They are generally issued in a foreign currency and can be converted into equity shares of the company at the holder's discretion. This not only offers companies an opportunity to raise capital internationally but also provides investors with the potential for significant equity upside, a promising aspect of Kellton Tech's financial strategy. How FCCBs Work? When a company issues FCCBs, it receives funds in a foreign currency and pays a regular interest (also known as coupon rates) to the bondholders until maturity of conversion. For investors, they act as a regular income during the tenure they hold the bonds. Also, they can benefit from potential gains if the stock of the company rises above the conversion price. 1:5 Stock Split Earlier, the board of directors of the company approved a 1:5 stock split, a move that can be seen as a positive step towards enhancing the liquidity and affordability of the company's shares. This means that each equity share, previously having a face value of Rs 5, will now be split into five equity shares, each having a face value of Re 1. Share Price History The stock's 52-week high is Rs 184.30, and its 52-week low is Rs 95.05. The company's market cap, a key indicator of its financial standing, is currently at Rs 1,338.38, providing a comprehensive view of Kellton Tech's market value. According to BSE Analytics, the counter has given a multibagger return of 121 per cent in two years. While it has given a positive return of 30.85 per cent in one year, the counter has corrected 13.44 per cent so far this year.
Business Standard
16-06-2025
- Business
- Business Standard
Kellton Tech board OKs 1:5 stock split proposal; to raise Rs 69.3 crore via preferential issue of warrants
Kellton Tech Solutions said that its board has approved a proposal to split each equity share of the company having a face value of Rs 5 into five equity shares with a face value of Re 1 each. The company stated that the stock split has been executed in order to enhance the liquidity of its equity shares in the stock market and encourage wider participation of small and retail investors by making the shares more affordable. The company expects to complete the stock split process within a period of approximately 3 months from the date of receipt of shareholders approval and subject to necessary regulatory approvals. The record date for the purpose of the above sub-division of equity shares shall be decided after obtaining approval of the shareholders through EGM, Kellton Tech said in a statement. At the same meeting, the board of the company has also approved a proposal to raise funds through issue and allotment of up to 55 lakhs warrants, convertible into one equity share of face value of Rs 5 each, to certain promoter and non-promoter investors, on preferential basis. The warrant would be issued at a price of Rs 126 apiece and the total consideration would amount to Rs 69.30 crore. The company will hold an extra-ordinary general meeting (EGM) on Friday, 11 July 2025to seek approval of shareholders of the company for the aforementioned proposals. Hyderabad-headquartered Kellton Tech Solutions offers digital solutions, advisory services and serving as systems integrator to over 300 clients globally, ranging from start-ups to Fortune 500 enterprises. The company has a global footprint in India, the US, the UK, Ireland, Poland and Singapore with around 1,400 employees. The company had reported 19.77% decline in consolidated net profit to Rs 19.20 crore despite a 15.53% increase in net sales to Rs 286.33 crore in Q4 FY25 as compared with Q4 FY24. The scrip declined 3.56% to currently trade at Rs 126.05 on the BSE.
Mint
12-06-2025
- Business
- Mint
800% rally in five years! Multibagger stock jumps over 9% after THIS announcement
Multibagger stock Kellton Tech Solutions surged 9% in the trading session on Thursday, June 12, after the company said its board is slated to meet later this week to consider raising funds and a stock split. Kellton Tech's board is slated to meet on Saturday, June 14. '… to consider and if thought fit, approve the proposal of raising of funds by issuance of equity shares/convertible bonds/debentures/warrants/preference shares/any other equity linked securities ('Securities') through permissible modes including by way of a private placement, preferential issue or qualified institutions placement of Securities or any other method as may be permitted under applicable laws,' the small-cap company said. It added that its board will also consider the proposal of alteration of the share capital of the company by sub-division/split of existing equity shares of face value of ₹ 5/- each. If approved, it would be the first-ever stock split by Kellton Tech Solutions. The company also recently released its March quarter results, wherein it posted a total revenue of ₹ 287.3 crore, recording a growth of 2.9% QoQ and 15.5% YoY. Its net profit stood at ₹ 19.2 crore for Q4 FY25, down from ₹ 23.93 crore posted in the same period a year ago. The EBITDA margin for the quarter under review was 10.5%, with the reported EBITDA at ₹ 30.2 crore. During the quarter, the company acquired nine new clients. The small-cap stock Kellton Tech, having a market capitalisation of ₹ 1,343 crore, surged as much as 9.94% in intraday deals to the day's high of ₹ 139.80 apiece. Kellton Tech share price was trading at ₹ 138.15, up 8.65% at 11.45 am today. The multibagger stock has risen 27% in the past three months, while it is up 33% in the last one year. However, in the past two and five years, its performance has been most impressive, as Kellton Tech stock recorded upside of 125% and 853%, respectively.
