About Ceinsys Tech Limited

Ceinsys Tech Limited (rebranded as CS TECH Ai), founded in 1998 by the Meghe Group, is a technology-driven engineering and geospatial solutions provider. Over the years, the company has transitioned from a conventional geospatial services firm into a digital engineering enterprise, operating at the intersection of geospatial intelligence, mobility engineering, and applied AI.

The company serves governments, corporates, OEMs, and infrastructure owners across India, the United States, the United Kingdom, Germany, and other geographies. Its service portfolio includes geospatial and mobility engineering, automotive and manufacturing engineering, web GIS solutions, and new-age technologies such as digital twins, UAV photogrammetry, LiDAR-based mapping, and AI/ML applications.

Ceinsys operates through subsidiaries and joint ventures, including Allygrow Technologies (merged in FY25), Technology Associates Inc (US), Ceinsys Tech Singapore Pte. Ltd., and Allygram Systems & Technologies Private Limited. With over 1,200 skilled employees, the company has delivered more than 7 million engineering service hours globally. As of March 31, 2025, it had an order book of Rs 11,970 million.

Ceinsys Tech Limited’s Business Segments

The company operates under three primary segments:

• Geospatial & Engineering Services

• Technology Solutions

• Others (Power Generation)

In FY25, Technology Solutions emerged as the largest contributor, accounting for 51% of total turnover, up from 24% in FY24, reflecting a strategic pivot towards digital solutions.

Ceinsys Tech Limited’s Key Management

The key management team includes:

• Mr. Sagar Meghe, Non-Executive, Non-Independent Director cum Chairman

• Mr. Prashant Kamat, Whole-Time Director, Vice Chairman & CEO

• Mr. Kaushik Khona, Managing Director – India Operations

• Dr. Abhay Kimmatkar, Managing Director

• Mr. Surej KP, Wholetime Director & CEO Designate

• Mr. Phaneesh Murthy, Additional Director

• Mr. Samir Sabharwal, Chief Financial Officer

• Ms. Pooja Karande, Company Secretary & Compliance Officer

Latest Updates on Ceinsys Tech Limited

• Financial Performance: Consolidated revenue surged 65% year-on-year to Rs 4,181 million in FY25, while net profit rose 81% to Rs 632 million. EBITDA grew 77% to Rs 779 million, supported by higher-margin digital projects.

• Segment Growth: Technology Solutions segment revenue grew over 3.5x to Rs 213 million, now contributing 51% of total turnover.

• Major Contracts: Secured marquee projects, including a Rs 3,810 million river linking project in Maharashtra, a Rs 3,310 million IoT-based water monitoring project under the State Water and Sanitation Mission, and enterprise GIS/digital transformation contracts with CIDCO and MHADA.

• Global Expansion: Acquired assets of VTS, a US-based geospatial solutions company, strengthening its presence in North America and expanding telecom sector exposure.

• Merger: Completed the merger of Allygrow Technologies into the parent entity effective April 1, 2024, unlocking synergies in mobility and manufacturing engineering.

• Leadership Appointments: Appointed Mr. Surej KP as Wholetime Director & CEO Designate and Mr. Phaneesh Murthy as Additional Director, bringing expertise in scaling international operations.

• Operational Improvements: Revenue per employee rose to Rs 3.34 million, up from Rs 2.29 million in FY24, while employee costs reduced to 30% of revenue from 35% in FY24.

• Capital Expenditure: Incurred Rs 2,184 lakh in FY25, compared to Rs 505 lakh in FY24, reflecting investments in capacity and technology.

Future Pipeline: As of June 30, 2025, maintained a surplus cash balance of Rs 1,274 million and secured new contracts worth Rs 1,319 million in Q1 FY26