Nanta TechShare price, financial results, shareholding and management
- Market cap
- ₹166 cr
- Stock P/E
- 20.3peers 15.5
- Book value
- ₹97.4
- Price to book
- 3.32
- EV / operating profit
- -
- Market cap to sales
- 2.37
- ROCE · FY26
- 32.3%
- ROE · FY26
- 25.5%
- ROE, 3-year average
- 35.9%
- Operating margin · FY26
- 16.4%peers 9.3%
- Sales growth, 3 years
- +36.8%
- Profit growth, 3 years
- +74.6%
- Debt to equity
- 0.09peers 0.31
- Borrowings
- ₹4.3 cr
- Interest cover
- 101.1×
- Cash from business / op. profit
- -87%
- Debtor days
- 208
- Pledged
- 0.00%
- Promoter holding
- 57.50%
- Change in promoter holding
- +0.14 pts
- Shareholders
- 594
- 52-week high / low
- ₹651 / ₹234
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
Nanta Tech share price chart
Close on 6 Nov 2026 · +2.13% on the day · Vol 16,200
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +1.8%
- 3 months
- -20.5%
- 6 months
- -20.1%
- Traded a day, 20 days
- ₹1.28 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +37% | +75% |
| 3 years, a year | - | - |
| Latest half, H2 FY26 | +52% | +124% |
About Nanta Tech: business, products and customers
Nanta Tech installs audio and video systems for offices, hotels and public bodies, and offers service robots and AI software under its own brands. Its shares trade on BSE SME.
Nanta Tech designs, supplies, installs and maintains audio-visual systems such as LED walls, conference room cameras and microphones, digital signage and control systems, and offers AV products under its NANTA brand. Under the Allbotix brand it offers service robots for cleaning, delivery, greeting and warehouses, which it sources from other makers, fits with its own software, tests and brands, and it also takes on software, AI and IT work. The business began in 2018 as MNT Technologies, a proprietorship of promoter Mansiben Mayankkumar Jani, which the company took over in February 2024; its shares listed on BSE SME on 31 December 2025 after an IPO at ₹220 a share that raised ₹31.8 cr.
Most AV work comes as a subcontract from system integrators and contractors, and the company bills only once the AV part of a building project is installed and commissioned, near the end of the project; the MD says this makes the second half the busy one and leaves large sums owed by customers at March. Robots are made mainly by third party makers in India and some are imported from China, and the MD said robot hardware earns about 20% to 25% at the EBITDA level and AMC and AI software about 30%, more than AV work. In FY26 sale of services rose to ₹26.2 cr while direct expenses for bought-in services such as software consultancy, social media technical services, cyber security and telecom rose to ₹19.5 cr; these sit under other expenses rather than purchases, so the gross margin in the presentation rose far more than the EBITDA margin.
Read more about the business
After March 2026 the company formed Nanta Technologies FZ-LLC in the UAE (23 April 2026) and TRN India Private Limited, a 51% owned robotics research company (24 April 2026), and it had taken over the business of RSVP Infotech Solution by slump sale for ₹0.99 cr from 23 March 2026. IPO money of ₹14.0 cr was set aside for a flagship experience centre in Ahmedabad, which the MD called about 95% ready in June 2026, and a separate experience centre in Andheri East, Mumbai opened on 16 September 2026.
The offer document compares the company with one listed peer, Pro FX Tech, and the annual report says rivals include organised and unorganised players and that price is the deciding factor in most cases. The offer document lists one small tax matter against the company, TDS interest and fees of ₹0.03 cr, and the FY26 accounts carry ₹0.11 cr of interest and late fees on TDS and TCS.
From the offer document (December 2025), the FY26 annual report filed on BSE, the May 2026 investor presentation, the June 2026 earnings call and the 16 September 2026 press release.
Read the deeper study ↓In its favour
- Sales have grown fast: 37% a year last year.
- It earns a high return on the money it uses: ROCE 32% in FY26.
- It has little debt for its size: debt to equity 0.09.
To watch
- The MD's guidance of around 40% to 50% revenue growth in FY27 with the EBITDA margin up by about 2% to 3% (Earnings call, June 2026, p.12).
- Collection of the ₹40.0 cr owed by customers, after the MD said working capital days will come down (Earnings call, June 2026, p.9 and p.13; Investor presentation, May 2026, p.36).
- Business from the UAE subsidiary Nanta Technologies FZ-LLC, formed on 23 April 2026, where the MD expects around ₹30 cr in FY27 (Annual report FY26, p.33; Earnings call, June 2026, p.14).
- The chief financial officer post after Vaishali Prashantbhai Jagani resigned with effect from 29 May 2026, and use of the related party limits put to the August 2026 AGM (Annual report FY26, p.33 and p.20 to p.22).
- Its borrowings rose a lot last year: ₹4.3 cr, from ₹0.5 cr.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
Nanta Tech revenue and profit growth
Half-yearly results · Profit and lossSales have grown fast. Last year profit grew faster than sales, so the company kept more from each rupee of sales.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew faster than sales.
Nanta Tech half-yearly results
SME companies report every six months · ₹ crore
| H2FY25 | H2FY26 | |
|---|---|---|
| Sales | 31.92 | 48.58 |
| Expenses | 28.23 | 40.17 |
| Operating profit | 3.69 | 8.41 |
| OPM | 11.6% | 17.3% |
| Interest | 0.03 | 0.09 |
| Depreciation | 0.15 | 0.38 |
| Profit before tax | 3.57 | 8.03 |
| Net profit | 2.67 | 5.98 |
Nanta Tech profit and loss
Full years to March, FY24 to FY26 · ₹ crore, consolidated where reported
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Sales | 13.35 | 51.24 | 70.10 |
| Expenses | 10.89 | 44.81 | 58.61 |
| Operating profit | 2.46 | 6.43 | 11.49 |
| OPM | 18.4% | 12.6% | 16.4% |
| Other income | 0 | 0.06 | 0.11 |
| Interest | 0 | 0.03 | 0.11 |
| Depreciation | 0.01 | 0.20 | 0.49 |
| Profit before tax | 2.45 | 6.26 | 11.01 |
| Tax rate | 24.9% | 25.2% | 25.8% |
| Net profit | 1.84 | 4.68 | 8.17 |
| EPS ₹ | 5.26 | 12.70 | 20.20 |
| Dividend payout | 0.0% | 0.0% | 0.0% |
Nanta Tech profitability
Margins and returns on capitalLast year the company kept more from each rupee of sales than the year before. It earns a high return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Operating margin | 18.4% | 12.6% | 16.4% |
| Tax rate | 24.9% | 25.2% | 25.8% |
| ROCE | · | 60.7% | 32.3% |
| ROE | · | 46.3% | 25.5% |
| Dividend payout | 0.0% | 0.0% | 0.0% |
Nanta Tech debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown fast. It borrowed much more last year. Its loans are smaller than its own money. Last year the business used more cash than it brought in. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers pay faster than they did in FY24, which frees up the company's money.
Bars below the line are cash going out.
Nanta Tech balance sheet
At each 31 March · ₹ crore
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Equity capital | 0.12 | 3.68 | 5.13 |
| Reserves | 5.94 | 10.48 | 44.85 |
| Net worth | 6.06 | 14.16 | 49.98 |
| Borrowings | 0 | 0.50 | 4.29 |
| Other liabilities | 9.48 | 16.67 | 25.83 |
| Total liabilities | 15.54 | 31.33 | 80.10 |
| Fixed assets | 0.15 | 2.18 | 21.92 |
| Capital work in progress | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other assets | 15.39 | 29.15 | 58.18 |
Nanta Tech cash flow
₹ crore
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Cash from operations | 0.20 | -1.88 | -10.01 |
| Cash from investing | 0 | -2.09 | -20.30 |
| Cash from financing | 0.01 | 3.81 | 31.39 |
| Net cash flow | 0.21 | -0.16 | 1.08 |
Working capital
Days
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Debtor days | 308 | 148 | 208 |
| Inventory days | 178 | 74 | 105 |
| Days payable | 428 | 128 | 206 |
| Cash conversion cycle | 59 | 94 | 107 |
| Working capital days | 155 | 89 | 155 |
Nanta Tech peers and competitors
Listed SME companies in the same industryBy sales, Nanta Tech is number 51 of the 79 listed SME companies in consumer durables.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Retaggio Industries | 103 | 11.5 | 84 | 9 | 14.3% | 0.30 |
| Interiors & More | 186 | 13.7 | 83.6 | 13.5 | 25.4% | 0.70 |
| Kenrik Industries | 13 | - | 80.2 | 0 | 0.1% | 0.01 |
| Striders Impex | 93 | 16.6 | 75.2 | 5.6 | 12.6% | 0.39 |
| Rexpro Enterprises | 34 | 15.5 | 73.7 | 2.2 | 3.2% | 0.25 |
| Nanta Tech | 166 | 20.3 | 70.1 | 8.2 | 16.4% | 0.09 |
| Marvel Decor | 92 | 21.2 | 68.5 | 4.3 | 7.0% | 0.32 |
| Shubhlaxmi Jewel Art | 17 | 16.1 | 62.7 | 1.1 | 4.2% | 0.57 |
| Luxury Time | 61 | 11.1 | 60 | 5.5 | 11.7% | 0.05 |
| Veerkrupa Jewellers | 6 | 35.5 | 59.4 | 0.2 | 0.2% | 0.58 |
| Siddhika Coatings | 124 | 11.9 | 57.9 | 10.4 | 21.9% | 0.00 |
| Median of the 10 others | 77 | 15.5 | 71.1 | 4.9 | 9.3% | 0.31 |
Nanta Tech shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
Nanta Tech shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Dec 25 | Mar 26 | Jun 26 | Sep 26 | |
|---|---|---|---|---|
| Promoters | 57.36% | 57.36% | 57.36% | 57.50% |
| Foreign investors (FIIs) | 2.15% | 0.89% | - | - |
| Indian institutions (DIIs) | 10.48% | 4.27% | - | - |
| Number of shareholders | 611 | 249 | 237 | 594 |
Nanta Tech study: the business from its own documents
Read from 5 of the company's own documentsNanta Tech key facts from the filings
Each figure with the document it comes from
- Sales in FY26
- ₹70.1 cr
- Revenue from operations, up from ₹51.2 cr in FY25.Annual report FY26, p.30
- Robots in FY26
- Over 400
- Allbotix robots deployed and sold during the year, as stated by the MD.Earnings call, June 2026, p.4 and p.11
- Robotics and AI share
- 36% to 37%
- Share of FY26 revenue from robotics and AI, as stated by the MD on the June 2026 call.Earnings call, June 2026, p.12
- Sale of services
- ₹26.2 cr
- Domestic services revenue in FY26, against ₹4.5 cr in FY25; goods were ₹42.9 cr and export services ₹1.0 cr.Annual report FY26, p.95
- Bought-in services
- ₹19.5 cr
- Direct expenses other than freight in FY26, such as software consultancy, social media technical services, cyber security and telecom, against ₹2.9 cr in FY25. Reported results; our arithmetic.Annual report FY26, p.96
Show 5 more facts
- Owed by customers
- ₹40.0 cr
- Trade receivables at March 2026, up from ₹20.8 cr a year earlier.Investor presentation, May 2026, p.36
- Operating cash flow
- −₹10.0 cr
- Cash used by the business in FY26 as receivables grew; FY25 was −₹1.9 cr.Investor presentation, May 2026, p.37
- Top ten customers
- 91.95%
- Share of FY25 revenue, and 67.30% in the half to September 2025; the offer document says its dealers and distributors are the major customers.Offer document, p.39
- Revenue from Gujarat
- 79.5%
- Share of revenue from Gujarat shown in the May 2026 presentation; the UAE was about 1.1%.Investor presentation, May 2026, p.14
- Stock options
- Up to 5,00,000
- Options under the Nanta ESOP Plan 2026 put to the August 2026 AGM, each convertible into one share; about a tenth of the 51,30,170 shares in issue. Our arithmetic.Annual report FY26, p.9 and p.26
What the company said, and what happened
The company's own statements, attributed, set against what it later reported; not newboard's estimates
On the June 2026 call the MD guided for revenue growth of around 40% to 50% in FY27 with the EBITDA margin up by about 2% to 3%, robotics and AI rising to around 60% of sales, at least ₹15 cr to ₹20 cr of business from RSVP Infotech's existing clients and around ₹30 cr from the UAE subsidiary. The company plans R&D spend of around ₹2 cr to ₹3 cr in TRN and aims to grow its dealer and distributor network from four to 15 by the end of FY27. The May 2026 presentation says it enters FY27 with the strongest order pipeline in its history, but gives no order book figure.
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
Nanta Tech earns its money by sourcing audio-visual equipment, robots and services from others and supplying them with installation, software and support, mostly through contractors and dealers.
Its weak spots are cash tied up in what customers owe, reliance on a few dealer customers in one state, and growth plans that are new and untested.
WatchCan it set its own prices?Little room. It offers hardware made by others, and the company says price decides most deals.
AverageHow strong is it against rivals?It has its own brands, a dealer network and large institutional names as clients, but no own factory or proprietary hardware.
WatchWho are its customers?A few customers, mainly its own dealers and the contractors it works for, bring most of the sales, and most sales are in Gujarat.
WatchDoes it need a lot of money?It needs little in plant, but a lot to carry what customers owe while AV projects wait to be commissioned.
AverageCan it keep finding new work?New lines are opening up, but there is no order book figure and repeat business fell in the latest half.
WatchDo good and bad years swing a lot?Sales depend on when building projects reach the AV stage, so they bunch in the second half and can slip when projects run late.
Who runs Nanta Tech?
Promoters, directors and officers; tap a name for the background
MAMayank Arvindbhai JaniPromoter and Managing Director
B.E. from Gujarat University and a PGDBA in marketing from Symbiosis Centre for Distance Learning; earlier worked at TE Connectivity and Kramer Electronics and co-founded Nozti Cyber-Sec Pvt. Ltd. in 2023. Leads strategy, business development, marketing and operations; paid ₹0.28 cr in FY26 and had lent the company ₹0.23 cr at March 2026, interest free and without specific terms. Held 1,35,600 shares before the IPO. The offer document lists a pending income tax demand of about ₹0.01 cr for AY 2024-25 in the name of Mayank Arvindbhai Jani, and the annual report says the Cosmos Bank cash credit is secured on residential property of the two promoters and of Arvind Jani, father of Mayank Arvindbhai Jani, with personal guarantees.
Offer document, p.29, p.190 and p.273; Annual report FY26, p.88, p.89 and p.98; Earnings call, June 2026, p.3MMMansiben Mayankkumar JaniPromoter, Chairman and Whole-Time Director · holds 54.6%
B.A. from Gujarat University with a certification in Human Resource and Personnel Management; over 10 years of experience, 4 in human resources and 6 in audio-visual. Co-founded MNT Info Vision Pvt. Ltd., ran the proprietorship Niya Enterprise from 2017 to 2023 and from 2018 was sole proprietor of MNT Technologies, the business the company took over in 2024. The annual report states Mansiben Mayankkumar Jani is the spouse of Managing Director Mayank Arvindbhai Jani; paid ₹0.21 cr in FY26, had lent the company ₹0.64 cr at March 2026 on the same interest free terms, and held 28,02,355 shares.
Offer document, p.190; Annual report FY26, p.20, p.88 and p.98NCNozti Cyber-Sec Private LimitedPromoter group company
Co-founded by Mayank Arvindbhai Jani in 2023; supplied ₹0.50 cr of purchases and charged ₹0.01 cr of rent to the company in FY26. The August 2026 AGM notice sought approval for related party dealings with it, MNT Info Vision, the two promoter directors, a person described as a director's father and the two subsidiaries, including loans of not more than ₹100 cr repayable on demand and purchase and sale contracts of not more than ₹50 cr.
Annual report FY26, p.7 to p.8, p.20 to p.22 and p.98VPVaishali Prashantbhai JaganiChief Financial Officer until 29 May 2026
Appointed CFO with effect from 15 July 2025 and resigned with effect from 29 May 2026, per the FY26 board's report; the annual report's corporate information names no other CFO. The May 2026 presentation describes over 20 years in accounts, taxation and audit and a B.Com in finance.
Annual report FY26, p.4, p.33 and p.34; Investor presentation, May 2026, p.18VKVartica KhannaIndependent Director
B.Com and MBA in finance from Gujarat University; over 8 years of experience, including three years as head of administration at Bluemax Services, and proprietor of Virtual Assist Service since 2020. On the board since 3 July 2024.
Offer document, p.190HDHardikkumar Dasharathbhai PatelIndependent Director
MBA in finance from Gujarat Technological University; over 8 years in business development with Randstad India, IKYA Human Capital Solutions and CARE Ratings, and proprietor of Sneh Management Consultancy. On the board since 24 May 2025.
Offer document, p.190; Annual report FY26, p.33Nanta Tech latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹48.6 cr (+52%), net profit ₹6 cr (+124%) on H2 FY25.
- Shareholding, 30 Sept 2026: promoters 57.36% to 57.50%.
Nanta Tech announcements
9 on record, latest first; each opens the filing on the exchange
- AGM/EGMVoting Results along with Consolidated Scrutinizer''s Report on e-Voting in respect of Extraordinary General Meeting of the Company is enclosedPDF ↗
- AGM/EGMProceedings of the Extra Ordinary General Meeting ('(EGM')PDF ↗
- Company UpdatePursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations,2018 .We hereby Submit the Certificate for the quarter ended on September 30,20PDF ↗
- Insider Trading / SASTEnclosed herewith the Intimation of Closure of Trading Window for the Half year ended on September 30, 2026PDF ↗
- Company UpdateIntimation of Participation in Arihant Capital 'BHARAT CONNECT CONFERENCE RISING STARS 2026' under Regulation 30 of SEBI (Listing Obligations and Disclosure ReqPDF ↗
- Company UpdateIntimation of newspaper publication of upcoming Extraordinary General MeetingPDF ↗
- AGM/EGMNotice of Extra Ordinary General Meeting of the Company to be held on 10th October, 2026 at 11:00 A.MPDF ↗
- Company UpdateEnclosed herewith Press Release titled "Nanta Tech Limited Inaugurates New Experience Centre in Mumbai'PDF ↗
- Board MeetingOutcome of Board Meeting held on September 11, 2026 is enclosedPDF ↗
Nanta Tech annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
- Offer document ↗read
- 30 June 2026 ↗read
- 30 June 2026 ↗read
- FY26 ↗read
Nanta Tech share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Nanta Tech's data · 7
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (51,30,170 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY24 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Nanta Tech
What does Nanta Tech do?
Nanta Tech installs audio and video systems for offices, hotels and public bodies, and offers service robots and AI software under its own brands. Its shares trade on BSE SME.
What is the share price of Nanta Tech?
₹324 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Nanta Tech?
₹166 cr at the close on 6 Nov 2026, on 51,30,170 shares.
What is the P/E of Nanta Tech?
20.3 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Nanta Tech's revenue and profit?
Revenue ₹70 cr and profit after tax ₹8 cr in FY26.
Who are the promoters of Nanta Tech?
Mayank Arvindbhai Jani, Mansiben Mayankkumar Jani, Nozti Cyber-Sec Private Limited; promoters held 57.50% at 30 Sept 2026.
What is Nanta Tech's website?
www.nantatech.com
More SME companies like Nanta Tech
Other listed SME companies in consumer durables, the closest in size first, each read from its own documents.
- Inflame AppliancesINFLAME · BSE SME · Consumer DurablesMarket cap ₹166 cr
- Goldkart JewelsGOLDKART · NSE Emerge · Consumer Durables · listed 2019Market cap ₹166 cr
- Atharva Poly-PlastATHARVA · BSE SME · Consumer DurablesMarket cap ₹171 cr
- Greenchef AppliancesGREENCHEF · NSE Emerge · Consumer Durables · listed 2023Market cap ₹154 cr
- SMR JewelsSMR · BSE SME · Consumer DurablesMarket cap ₹153 cr
- Black Opal ConsultantsBLACKOPAL · BSE SME · Consumer DurablesMarket cap ₹151 cr
Built from 1 offer document, 1 earnings call transcript, 1 investor presentation, 1 annual report, 1 press release, 9 exchange announcements, 4 shareholding patterns and 3 years of reported results. Every figure carries its source; where the documents are silent, the page says so.