Ksolves India secures order from Demerara Bank Limited
Ksolves India (NSE: KSOLVES) said it has received an order from Demerara Bank Limited, valued at about US$0.5 million. The company is valued at about ₹581 crore.
What happened
Ksolves India (NSE: KSOLVES) informed the stock exchanges on 28 September 2026 at 09:56 AM that it has received an order from Demerara Bank Limited, valued at about US$0.5 million. The scope of work: IT Services – To implement an Agentic AI solution along with its underlying technology infrastructure. Execution period: 7 months. The company classified the order as international.
From the filing: "HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 – Receipt of Order from Demerara Bank Limited'."
Company snapshot
Ksolves India is a micro-cap company, with a market value of about ₹581 crore.
The stock last traded at ₹245, against a 52-week range of ₹243.6–₹354 (30.8% below the high).
Before this filing the shares had moved −7.2% over the month and −13.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.88 crore.
Promoters held 58.92% at the end of Q1 FY27. Foreign institutions owned 0.01% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 38 | 6.4 | 0 |
| Q2 FY26 | 40 | 8.4 | 3.55 |
| Q3 FY26 | 42 | 9.8 | 4.13 |
| Q4 FY26 | 43 | 9.7 | 4.09 |
| Q1 FY27 | 41 | 9.2 | 3.88 |
What history shows
BCEIE has no earlier order win filing from this company on record since May 2026.
Market-wide, 1,858 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
Market reaction so far
Since the filing, the stock has fallen 1.4%, from ₹248.5 before the disclosure to ₹245 (last close).
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
- The stated execution timeline: 7 months.
In the news
Recent coverage elsewhere (links open the original publisher):
- Ksolves India (KSOLVES.NS) Slips 0.56% to ₹250.75, Holding Firm Above ₹238 Support - Ease of Movement
- Ksolves India Receives $0.5 Million Order From Demerara Bank Guyana
- Ksolves India Limited (NSE: KSOLVES) Secures USD 0.5 Million AI Implementation Contract from Demerara Bank
- Ksolves India re-appoints two independent directors for five-year terms
- Ksolves India rises on wining $0.5 million order from Demerara Bank
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.