### **Overview** Sahana Systems Limited (SSL), founded in 2012 and headquartered in Ahmedabad, Gujarat, is a rapidly growing Indian deep-tech and IT solutions company providing digital engineering, product development, and strategic technology services. Listed on the NSE EMERGE platform under the symbol **SAHANA (ISIN: INE0LEX01011)**, SSL has evolved into a trusted technology partner for government, defense, enterprise, and international clients. With over **400+ direct employees** and a broader ecosystem supporting more than **1,000 personnel**, including subsidiaries and partners, the company has delivered **50+ enterprise-grade technology solutions** across multiple sectors. It operates with a dual focus on **service delivery and innovation-led product development**, serving clients across **India**, the **U.S., Canada, Saudi Arabia, and Argentina**, among others. --- ### **Core Business Segments & Service Offerings** SSL is structured into **four strategic business units**: 1. **DeepTech & DefenceTech Solutions** – AI/ML, IoT, Electronic Warfare (EW), Cybersecurity, and AI-driven command systems. 2. **Innovation-driven SaaS Solutions** – Enterprise-grade software platforms in fintech, healthtech, and edutech. 3. **Sitecore & Microsoft Experts** – 70+ developers (20+ certified) focused on digital experiences using Microsoft stack and Sitecore CMS. 4. **Digital Engineering & Experience Design** – Full-stack development, DevOps, UI/UX, and AI/ML for startups, SMEs, and enterprises. #### **Key Technology Capabilities** - Artificial Intelligence (AI) & Machine Learning (ML) - Internet of Things (IoT) - Computer Vision & Generative AI - Cloud Computing (Azure, AWS) - Cybersecurity (Infra protection, data privacy, compliance) - Digital Twins & Smart Infrastructure - Blockchain & UPI Interoperability - ERP, e-Governance, and Digital Product Engineering --- ### **Strategic Focus Areas** #### **1. Defence & Government Technology** - **Indian Navy Project**: Upgrading RF testing and chip Point-of-Contact (POC) design facilities at NEU Jamnagar — one of only six such global facilities. - **Softvan Subsidiary**: Secured a ₹7.74 crore GeM contract for RF/Non-RF infrastructure modernization. - **Empanelment with Bharat Electronics Limited (BEL)**: As a design service provider in AI/ML, NLP, Computer Vision, and e-Governance. - **Anti-Drone Systems**: Proprietary AI-powered solutions at **1/10th the cost** of competitors; validated by public sector units and used in high-security events. - **Firing Range AI Solution**: Detects incorrect gun handling techniques during training — scalable to 1,100+ Indian Army guns. #### **2. Maritime & Port Modernization** - **Digital Twin for V.O. Chidambaranar Port (Tuticorin)**: ₹24.61 crore project awarded by IPRCL for AI-powered cargo handling and vessel traffic management. - **Dredging Corporation of India**: Deploying IoT and AI to modernize 15+ year-old dredgers. - **Digital Twin for Major Indian Port**: Enhancing real-time operational efficiency through AI and predictive analytics. - **Joint Venture – SMITL**: Sahana Marine-Infra Tech Limited (60% owned), established April 2025, specializes in marine software, system design, data analytics, and hardware trading. #### **3. Fintech & International Expansion** - **UPI Global Replication**: In active discussions with neighboring countries to implement localized versions of India’s UPI system — potential to generate **annual revenue equivalent to FY24 total**. - **Proprietary ONDC Switch**: Plug-and-play solution enabling seamless integration of financial institutions into the Open Network for Digital Commerce. - **Fintech Pipeline**: Over 10 large-scale international projects underway; includes a ₹160M digital communication dashboard for India’s Ministry of Information & Broadcasting. - **Joint Fintech Development**: Enabling banks to co-create market-specific digital finance platforms. #### **4. EdTech & Smart Classrooms** - Augmented Reality (AR)/Virtual Reality (VR) learning modules. - Smart and virtual classroom platforms. - Learning Management Systems (LMS) deployed across key educational institutions. - Future roadmap includes scaling smart classroom ecosystems with AI and reinforcement learning. #### **5. Healthcare Technology** - Health Management Information Systems (HMIS), EMR/HER digitization. - **Patient Health KPI Platform (Softvan)**: Processes over **5 million health data transactions per minute** for U.S. clients via indirect partner Health Catalyst (Top 10 global healthtech). - AI diagnostics and proactive patient care platforms. - Computer vision applications for clinical and surveillance use. --- ### **Subsidiaries & Strategic Investments** - **Softvan Limited**: AI-focused subsidiary; secured key naval and healthcare contracts. - **Applie Infosol Private Limited**: 51% acquired Feb 2025; specializes in modern web stacks (Blazor, React, Node). - **Sahana Marine-Infra Tech Limited (SMITL)**: 60% owned subsidiary focused on marine tech systems and hardware trade. - **Pending Exploration in Defense Casting**: Evaluating strategic investment in hardware manufacturing to complement software capabilities and build a full-stack defense technology offering. --- ### **Key Clients & Strategic Partnerships** - **Government & PSU**: Indian Navy, Ministry of Information & Broadcasting, IPRCL, RailTel, Central Electronics Limited (CEL), Bharat Electronics Limited (BEL), Dredging Corporation of India. - **Global Clients**: U.S.-based smart home leader (6M+ devices deployed), European enterprise via Sourceved, UNEECOPS (₹35.4 Cr contract). - **Strategic Alliances**: - **EIZO Private Limited (Japan)**: MoU to distribute premium display solutions in India; plans for local engineering facilities. - **RailTel**: Digital innovation in rail and port infrastructure with AI and EW integration. - **CEL**: Co-bidding on projects in defense, security, and renewable energy; Sahana designs, CEL manufactures. - **IPRCL**: Strategic alliance for joint bidding in rail and port sector digitalization projects. --- ### **Operational & Financial Highlights (H1 FY26)** - **Revenue (H1 FY26)**: ₹114 Crore - **EBITDA Margin**: ~33% - **PAT Margin**: ~24% - **Drivers of Performance**: - High project utilization - Favorable digital & defense project mix - Growth in international business - Margin optimization in high-value verticals > As of Nov 2025, ~65% of SSL’s revenue is derived from **government, defense, and government-aided projects**, offering stable cash flows and long-term project visibility. --- ### **Certifications & Quality Standards** - **CMMI Maturity Level 5** – Highest level of process maturity and predictability. - **ISO 9001:2015** – Quality Management - **ISO/IEC 27001:2022** – Information Security - **ISO 14001:2015** – Environmental Management - **ISO/IEC 42001:2023** – AI Management Systems - Recognized as a **DPIIT-recognized startup**, emphasizing innovation and agility. --- ### **Recent Milestones & Projects** | Date | Achievement | |------------|-------------| | Sep 2025 | ₹35.4 Cr software development contract with UNEECOPS for ATL Labs | | Sep 2025 | ₹24.61 Cr Digital Twin project for Tuticorin Port via IPRCL | | Mar 2025 | ₹160 Mn contract for New Media Wing dashboard (Ministry of I&B) | | Oct 2025 | Launched AI-driven battlefield simulation & decision-support system | | Nov 2025 | Awarded Indian Navy RF infrastructure modernization contract | --- ### **Innovation & R&D Focus** - In-house innovation hubs driving rapid prototyping. - Developing a **reinforcement learning (RL)-based AI product**. - Proprietary no-code AI platform for computer vision (in production since 2019). - R&D team of **100+ dedicated researchers**. - Focus on emerging areas: **generative AI, electronic warfare, quantum-ready algorithms, ESG-compliant AI, and UPI-for-Global**. --- ### **Governance & Leadership** - Led by a promoter with deep expertise in technology and project execution. - Supported by an **advisory board of industry-renowned experts** guiding technology and market strategy. - Emphasis on **responsible AI, ESG integration, data privacy, and operational excellence**. ---