Shradha AI Technologies Ltd. – Company Report
1. Company Overview
Shradha AI Technologies Ltd., established in 1990 and headquartered in Nagpur, Maharashtra, is a prominent Indian provider of IT solutions, consulting, and technology integration services. The company initially began as Shradha Industries Limited before rebranding to focus on advanced technology and information management needs. It is listed on both the BSE and NSE. As of August 2025, the company maintains a strong presence in IT services and consulting with an emphasis on trading and development of computer hardware, software, cloud, and AI-driven solutions. Shradha AI Technologies is nearly debt-free, boasts a healthy dividend payout policy, and has experienced robust compounded profit growth over the last five years.
- Incorporated: 1990
- Headquarters: Nagpur, Maharashtra, India
- Managing Director: Sunil Raisoni
- Address: 1st Floor 345 Shradha House, Kingsway Road, Nagpur, Maharashtra, 440001
- Sector: IT Services & Consulting
- Market Cap (Aug 2025): ₹270 crore
- Certifications: Quality and innovation focused (unspecified)
2. Products and Services
Shradha AI Technologies offers a comprehensive suite of IT products and professional services, including:
Trading and Integration:
- Computers, peripherals, networking equipment, and telecom systems
- Database integration and system/network management
Software & Cloud Solutions:
- Custom software development, application maintenance, and managed services
- Cloud infrastructure, migration, and modernization solutions
- Web/mobile app development and portal creation
Data & AI-Driven Services:
- AI consulting leveraging machine learning, NLP, and data science
- Data center and hybrid cloud optimization
Enterprise and Managed IT Services:
- End-to-end IT support, deployment, and maintenance
- IT security products and facility management
Industries Served:
- Corporates, SMEs, start-ups, educational institutions, and digital transformation clients
3. Recent News and Financial Performance
- 2023: Company rebranded to Shradha AI Technologies Ltd., aligning with its shift toward AI and cloud technologies
- 2024: Executed a stock split from ₹5 to ₹2 face value to improve stock accessibility
- December 7, 2024:
- Acquired 51% stake in Moodscope AI Private Limited by subscribing to 51,000 equity shares of ₹10 each
- Total consideration: ₹5,10,000
- Purpose: Enhance AI software innovation and expand its product-service portfolio
- Impact: Positions Shradha AI to lead in enterprise AI adoption and software development growth
- August 19, 2025: Sunil Gyanchand Raisoni, Promoter and Managing Director of Shradha AI Technologies Limited, has resolved a legal case through plea bargaining. The Court of Chief Judicial Magistrate in Nagpur ordered Raisoni's release on admonition, with directives to pay ₹2,02,000 as compensation and ₹66,670 for litigation costs. The charges involved alleged misuse of BSNL internet lease line and use of unlicensed wireless equipment.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹17.68 crore |
| Net Profit | ₹9.7 crore |
| Operating Profit Margin | 68% |
| Earnings Per Share (EPS) | ₹1.59 |
| Dividend Yield | 1.36% |
| Dividend Payout % | 38% |