Optivalue TekConsult

Optivalue Tek Consulting revised the value of its website development order from Aaroosha Technologies to approximately Rs.64 crore including GST, up from Rs.16.25 crore, after an expansion of scope to ecosystem revamp, onsite support operations, information and service integration, and security and compliance. The engagement covered development of a website for a government client over about 12 months, with no promoter interest and no related-party element. The company had received the original Rs.16.25 crore order on 9 September 2026 for modernisation of the IRCTC website through design, delivery, demonstration and audit over about nine months. Total revenue was Rs.56.47 crore in the year to March 2025, comprising about Rs.51.28 crore of professional consultancy and Rs.4.80 crore from sale of goods. Operating cash flow was negative Rs.4.00 crore in that year, with receivables of Rs.17.16 crore and customer-due-but-not-billed revenue of Rs.11.84 crore.

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Optivalue Tek Consulting received a letter of intent from Aerial IQ India Private Limited for the manufacture and supply of 100 tethered drone systems, including spares, for a proposed iDEX order from the Ministry of Defence. The tentative minimum value was Rs 70 crore, with final consideration under negotiation, for execution over about 12 months through Aerial IQ under an existing technology transfer agreement. Members approved an alteration to the company's main objects on 20 August 2026 to add defence and homeland-security drones, counter-drone systems and unmanned systems. The company had received a Rs 16.25 crore domestic order from Aaroosha Technologies for IRCTC website modernisation over about nine months. Total revenue was Rs 56.47 crore in FY25, comprising Rs 51.28 crore of professional consultancy and a first Rs 4.80 crore contribution from sale of goods.

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Sept 25 (Reuters) - Optivalue Tek Consulting Ltd OPTV.NS:

• OPTIVALUE TEK CONSULTING LTD - GETS LOI WITH TENTATIVE MINIMUM ORDER VALUE OF 700 MILLION RUPEES

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OptiValue Tek Consulting received a ₹16.25 crore purchase order from Aaroosha Technologies for the design, delivery, demonstration and audit of a website modernisation project for Indian Railway Catering and Tourism Corporation (IRCTC). The domestic order was scheduled to run for about nine months and was received on 9 September 2026. FY25 revenue was ₹56.47 crore, making the order approximately 29% of that figure. The company derived about 91% of its operating revenue from professional consultancy in FY25, while its business had begun to diversify into products, goods and IT solutions.

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Sept 10 (Reuters) - Optivalue Tek Consulting Ltd OPTV.NS:

• OPTIVALUE TEK CONSULTING LTD - GETS ORDER WORTH 207 MILLION RUPEES

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Further company coverage: OPTV.NS

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