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XtraNet Technologies Pvt. Ltd Unlisted Shares
DRHP Status : Not Filed
175
Fundamentals About XtraNet Technologies Pvt. Ltd
Downloads & Investor Documents
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Key Financials of XtraNet Technologies Pvt. Ltd
| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 86 | 216 | 226 | 276 |
| Cost of Material Consumed | 64 | 188 | 170 | 179 |
| Change in Inventory | -9 | -21 | -19 | -25 |
| Gross Margins | 36.05 | 22.69 | 33.19 | 44.2 |
| Employee Benefit Expenses | 15 | 16 | 16.82 | 24 |
| Other Expenses | 11 | 22 | 40.27 | 53 |
| EBITDA | 5 | 11 | 17.91 | 45 |
| OPM | 5.81 | 5.09 | 7.92 | 16.3 |
| Other Income | 0.19 | 0.16 | 0.29 | 1.7 |
| Finance Cost | 1 | 2 | 2.49 | 5.2 |
| D&A | 2 | 1 | 0.54 | 2.3 |
| EBIT | 3 | 10 | 17.37 | 42.7 |
| EBIT Margins | 3.49 | 4.63 | 7.69 | 15.47 |
| PBT | 2 | 7.5 | 15.49 | 40 |
| PBT Margins | 2.33 | 3.47 | 6.85 | 14.49 |
| Tax | 1 | 2 | 3.65 | 10 |
| PAT | 1 | 5.5 | 11.84 | 30 |
| NPM | 1.16 | 2.55 | 5.24 | 10.87 |
| EPS | 1.96 | 7.98 | 17.18 | 38.31 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 5.81 | 5.09 | 7.92 | 16.3 |
| Net Profit Margin | 1.16 | 2.55 | 5.24 | 10.87 |
| Earning Per Share (Diluted) | 1.96 | 7.98 | 17.18 | 38.31 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 5.5 | 5.5 | 4.67 | 23 |
| CWIP | 0 | 1.3 | 4.37 | 17 |
| Investments | 4 | 4 | 4.14 | 1.4 |
| Trade Receivables | 18 | 160 | 95 | 162 |
| Inventory | 15 | 35 | 54.5 | 80 |
| Other Assets | 12.5 | 15.2 | 36.01 | 38.6 |
| Total Assets | 55 | 221 | 198.69 | 322 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 5.09 | 6.89 | 6.89 | 7.83 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 6 | 19 | 30.8 | 89 |
| Borrowings | 22 | 17 | 37 | 39 |
| Trade Payables | 16 | 171 | 109 | 166 |
| Other Liabilities | 5.91 | 7.11 | 15 | 20.17 |
| Total Liabilities | 55 | 221 | 198.69 | 322 |
About Company
The following table shows a 10-point analysis of XtraNet Technologies Limited. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | FY25 Revenue ₹276 Cr · PAT ₹30 Cr · PAT margin ~11% | Established IT & IT-enabled services provider offering ERP implementation, enterprise consulting, application development, IT infrastructure, system integration, data center services, BPO/ITeS, BI/AI/ML, BPM and document management solutions. Strong presence in government, PSU and private sector projects with international footprint (US, Canada, Singapore, UAE). |
| Industry & Market Position | Mid-tier IT services player · Strong PSU/government focus | Competitive in IT/ITES space with domain expertise & certifications; edge via long track record (23+ years) & client trust in regulated sectors; resilient to economic cycles via govt/PSU focus; exposed to competition from larger IT firms (TCS, Infosys) & talent costs |
| Revenue Growth Trend | FY23–FY25 CAGR ~20%+ · FY25 YoY ~19–22% | Consistent topline growth driven by new contracts, service expansion and digital transformation demand; supported by diversified offerings and recurring enterprise engagements. |
| Profitability & Margins | EBITDA margin ~17% · ROE ~31% · PAT margin ~11% | Strong operational efficiency and cost control delivering healthy margins; high-quality earnings supported by recurring service contracts and limited cyclicality. |
| Cash Flow Quality | Positive OCF · Dividend payouts observed | Reliable operating cash flows from service model with relatively low capex intensity; supports both reinvestment and shareholder returns. |
| Balance Sheet Strength | Strong net worth · Low/moderate debt | Conservative capital structure with comfortable gearing; liquidity supported by steady cash inflows and disciplined financial management. |
| Valuation Comfort | Unlisted price ~₹165–175 (Feb 2026) · P/E ~20–25x · Market cap ~₹1,100–1,200 Cr | Reasonable valuation for a profitable mid-tier IT services growth company; attractive pre-IPO positioning supported by strong ROE and sector tailwinds. |
| Management & Governance | Founder-led · Transparent disclosures | Experienced promoters with proven 23+ year track record; clean compliance history and stable governance framework. |
| Growth Triggers & Catalysts | New contracts · Digital services expansion · IPO (DRHP filed ~₹190 Cr fresh issue) | Upside from enterprise IT demand, government digitalization, AI/BI expansion, and potential IPO value unlocking (SEBI review ongoing). |
| Liquidity & Exit Visibility | OTC trading · IPO expected 2026 | Moderate pre-IPO liquidity; strong exit visibility post-listing subject to regulatory approval and market conditions. |
XtraNet Technologies Private Limited (XtraNet), established in 2002 and headquartered in Bhopal, Madhya Pradesh, is a leading IT and IT-enabled services company.
- Specialises in technology solutions across multiple industries, including ERP, application development, IT infrastructure, BPO, and digital transformation.
- Offers services such as IT system integration, data centre solutions, smart city projects, consulting, PKI/e-sign solutions, and more.
- Focuses on cost-effective and innovative technology delivery for businesses of all sizes.
- Maintains a global presence with offices in Uthe SA, Canada, and Singapore, serving clients across diverse sectors.
Business Model & Offerings
XtraNet operates on a client-centric model, delivering high-quality and timely technology solutions.
Services
- Enterprise Resource Planning (ERP): Streamlines business processes through integrated software solutions.
- Application Development: Custom applications to meet specific business needs.
- Enterprise Consulting: Expert advice to improve operational efficiency and growth.
- IT Infrastructure Services: Management and optimization of IT frameworks for business operations.
- Data Center Services: Secure and reliable data storage and management solutions.
- BPO Services: Outsourced business process management to improve efficiency.
Products
- XtraTrust: PKI and digital signature platform for secure digital transactions and communication.
- Synergy: Low-code digital transformation platform to streamline business workflows.
Revenue Model
The following is the revenue model of XtraNet Technologies Ltd:
- IT Services: 52%
- BPO Services: 34%
- ERP & Application Development: 5%
- XtraTrust (PKI & Digital Signatures): 5%
- Synergy (Low-Code Digital Transformation): 4%
Global Reach & Clients
- Offices in USA, Canada, and Singapore serving international clients.
- Solutions cater to diverse industry sectors including manufacturing, BFSI, government, and technology.
- Strong focus on digital transformation, secure IT infrastructure, and business efficiency.
Funding & IPO Status
- In August 2024, XtraNet raised INR 30 crore through a private placement from a group of investors.
- The company plans to move forward with an IPO following the release of FY25 financial results.
- Currently unlisted, the company is preparing for a public market listing to expand operations and capital base.
Quick Summary
XtraNet Technologies Pvt. Ltd is a full-service IT and IT-enabled services provider with global reach and diversified offerings, including ERP, application development, BPO, digital transformation, and PKI/e-sign solutions.
With strong client-centric operations, multi-product services, international presence, and a proven track record, XtraNet is poised for growth in both domestic and global markets. Its recent private placement funding and planned IPO indicate readiness to scale further.
Click here to view the official website of XtraNet Technologies Ltd.
Shareholding Pattern of XtraNet Technologies Pvt. Ltd
| Name | Holding |
|---|---|
| SUKHBIR SINGH KUKREJA | 39.42% |
| JOGENDRAPAL SINGH ALAGH | 21.89% |
| SHINEY SUKHBIR | 8.89% |
| SUPNEET KAUR ALAGH | 6.18% |
| Others | 23.16% |
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Frequently Asked Questions
XtraNet unlisted shares are equity shares of the private company, not listed on NSE or BSE, and traded through private share platforms.
You can buy verified XtraNet unlisted shares through UnlistedKraft, ensuring secure and transparent transactions.
Services include ERP deployment, application development, IT consulting, BPO, IT infrastructure, data centers, and digital transformation solutions.
XtraNet offers XtraTrust (PKI & digital signatures) and Synergy (low-code digital transformation platform).
Yes, in August 2024, XtraNet raised INR 30 crore via private placement from investors.
No, XtraNet is currently unlisted, but plans to launch an IPO post FY25 financial results.
Yes, a demat account is mandatory to hold and receive XtraNet unlisted shares.
Yes, unlisted shares can be sold through private platforms like UnlistedKraft, subject to buyer availability and market conditions.
+91-9599071664
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