Ksolves India Limited's Board of Directors convened on April 30, 2026, and approved the grant of 4,000 Employee Stock Options (ESOPs) under the Ksolves Employee Stock Option Scheme-II, 2024. The disclosure was made to the National Stock Exchange of India and the Bombay Stock Exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details of the ESOP Grant
The scheme involves the grant of 4,000 options to eligible employees, with each option convertible into one equity share of the company. The equity shares carry a face value of Rs. 5.00 each. The exercise price for these options has been set at a 20% discount to the market price of the company's shares as specified under the scheme terms.
Scheme Governance and Vesting Terms
The Ksolves Employee Stock Option Scheme-II is administered by the Nomination and Remuneration Committee. The grant of options is based on eligibility criteria outlined in the scheme document. There is a mandatory minimum period of one year between the grant of options and their vesting. Once vested, options entitle holders to acquire an equal number of equity shares upon payment of the exercise price and applicable taxes in accordance with the scheme's terms and conditions.
Exercise Period and Share Issuance
All vested options must be exercised, either in full or in part, within three years from the date of respective vesting. Upon exercise of all 4,000 options, the company will issue 4,000 new equity shares. The scheme is compliant with SEBI (SBE B & SE) Regulations, 2021.
Summary of ESOP Grant Terms
Particulars: Details Name of Scheme: Ksolves Employee Stock Option Scheme II Options Granted: 4000 options Effective Grant Date: April 30, 2026 Shares Covered: 4000 Equity Shares of Rs. 5.00 each Pricing Formula: 20% discount to Market Price Minimum Vesting Period: 1 year from grant date Exercise Period: Within 3 years from vesting date Scheme Compliance: SEBI (SBE B & SE) Regulations, 2021
Ksolves India Limited released its official press release for Q4FY26 results on April 30, 2026, showcasing strong financial performance with highest ever quarterly revenue of ₹43.0 crore and comprehensive AI transformation across operations. The company achieved 29.1% YoY growth in Q4 revenue and delivered annual revenue of ₹162.7 crore, representing 18.4% YoY growth for FY26.
Financial Performance Overview
The company's Q4FY26 and FY26 results demonstrate robust operational performance across key metrics:
Particulars (₹ Crore): Q4FY26 Q3FY26 Q4FY25 QoQ Growth YoY Growth FY26 FY25 YoY Growth Revenue: 43.0 42.3 33.3 1.7% 29.1% 162.7 137.4 18.4% EBITDA: 12.6 13.7 8.6 (8.0%) 47.4% 48.3 47.9 1.0% PBT: 12.0 12.9 7.8 (7.1%) 53.3% 45.1 45.8 (1.5%) PAT: 9.7 9.8 5.9 (1.1%) 65.3% 34.3 34.3 - EBITDA Margin%: 29.3% 32.4% 25.6% - - 29.7% 34.8% - PAT Margin%: 22.5% 23.2% 17.6% - - 21.1% 25.0% -
The Q4FY26 results include a one-time impact of ₹1.1 crore due to New Labour Code implementation.
AI Transformation Strategy
FY26 marked a defining transformation as Ksolves repositioned as an AI First, AI En(AI)bling™ Organisation. The company achieved comprehensive AI integration across all operations with all 600+ employees becoming AI-certified and actively deploying Agentic AI, Prompt Engineering, and Automation frameworks. Over 80% of active engagements now carry an AI component, reflecting the strategic shift from traditional service delivery to AI-embedded solutions.
AI Transformation Metrics: Achievement AI-Certified Employees: 600+ Enterprise AI Agents: 50+ in production AI-Led Project Deliveries: 100+ Engagements with AI Component: 80%+
Leadership Commentary and Strategic Vision
Ratan Srivastava, Founder, Chairman & Managing Director, highlighted that FY26 represented an important milestone with the company crossing ₹150 crore in annual revenues despite challenging global environment. He emphasized the AI transformation impact, stating that all Ksolvers actively deploy AI across coding, testing, operations, and communication, with AI agents supporting workflow automation, monitoring communications, and risk identification.
Umang Soni, Chief Financial Officer, noted strong financial performance alongside continued investment for future growth. The company maintained industry-leading return ratios with FY26 ROCE of 152% and ROE of 137%, reflecting the capital-light business nature and disciplined deployment.
Strategic Wins and Partnerships
Ksolves secured significant strategic wins during Q4FY26, strengthening its global footprint across key verticals:
Strategic Achievement: Details SAP-to-Odoo Migration: Publicly listed Indian infrastructure company Data Science Talent: New York-based risk advisory firm Odoo ERP Implementation: Top-six global accounting network member firm Partnership Recognition: Salesforce Summit Partner (third consecutive year) New Partnerships: Databricks Consulting Partner, StoreConnect Implementation Partner
The company also achieved 'Great Place to Work' certification, reinforcing focus on culture and talent retention for scaled AI-led transformation.
Board Decisions and Corporate Actions
The Board of Directors approved key decisions during their meeting, including the grant of 4,000 Employee Stock Options under KSOS-II at 20% discount to market price. The trading window remains closed until May 03, 2026, and the investor presentation was released under Regulation 30 on April 30, 2026.
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