Tag: Business

  • Fabtech Technologies Limited Announces Q4 and FY26 Results Reinforces Strategic Positioning as a Global Life science Infrastructure Platform

    Fabtech Technologies Limited Announces Q4 and FY26 Results Reinforces Strategic Positioning as a Global Life science Infrastructure Platform

    CMP: ₹163.00 | Market Cap: ₹724.55 Cr | 52-Week H/L: ₹ 262.80 / 132.70 “Engineering Global Life science Independence”

    Mumbai (Maharashtra) [India], April 30: Fabtech Technologies Limited (FTL) reported a resilient performance for Q4 and the full year FY26, reflecting a conscious strategic shift towards building long-term infrastructure capabilities rather than focusing solely on near-term revenue acceleration. The Company continues to strengthen its positioning as an integrated global life science infrastructure platform, with investments aligned to support scalable, multi-geography growth.

    Financial Highlights (FY26)

    • Consolidated Total Income: ₹431.33 Crore
    • Order Book: More Than ₹900 Crore
    • EBITDA: ₹55.56 Crore
    • EBITDA Margin: 12.88%
    • Profit After Tax (PAT): ₹38.36 Crore
    • PAT Margins: 8.89%

    Margins during the quarter were influenced by external disruptions and strategic investments toward future capacity creation.

    Key Business Highlights

    1. Order Book & Execution Visibility

    The Company maintains a strong and healthy order book. Project conversions have experienced deliberate phasing as clients align investment decisions with evolving global conditions. This is expected to drive improved execution momentum and higher conversion velocity starting FY27.

    2. Integrated Regional Strategy

    FTL continues to build a unified operating model across India, UAE, and Saudi Arabia, treating these markets as a cohesive platform. The Company is actively transitioning towards a “local execution” model in GCC and African markets, strengthening regional capabilities while leveraging India as a support base.

    3. Margin Outlook

    Q4 margins were impacted by:

    • Force majeure events
    • Strategic investments in talent and systems

    However, management expects a gradual margin expansion trajectory to ~9.9%–10.5%, supported by operating leverage and scale benefits over FY27.

    4. Strategic Expansion & Acquisitions

    FTL is actively evaluating multiple strategic acquisition opportunities, aimed at strengthening its capabilities and expanding its global footprint within the life science infrastructure ecosystem.

    5. Capacity-Led Capital Allocation

    The Company has front-loaded infrastructure investments, ensuring readiness for anticipated growth. This positions FTL to efficiently capitalize on large-scale project opportunities as demand accelerates.

    Management Commentary / Business Update

    FY26 has been a defining year for Fabtech Technologies, reflecting our resilience, strong execution, and long-term strategic focus. Our top line grew by 28% to ₹431 crores, and we further strengthened our foundation through a strategic equity infusion of approximately ₹230 crores. We continue to expand as a global brand across 60+ geographies.

    The UAE and Saudi Arabia remain our core markets, while Kenya’s rapid growth highlights strong opportunities in Africa. We enter FY27 with our strongest balance sheet to date, ready to scale further.

    On a year-on-year basis, total income increased to ₹431.33 crores from ₹335.94 crores. Our Operational Profit stood at ₹36.6 Cr in FY26 compared to ₹31.27 Cr in FY25. It is important to note that these figures are adjusted for TSA (Exceptional Items) of ₹1.77 Cr in FY26 and ₹17.85 Cr in FY25, highlighting the consistent strength of our core operations.

    We ended the year strongly, with Q4 income up 22% to ₹168.24 crores and a net profit of ₹22.06 crores, marking a solid turnaround.

    Looking ahead, our focus remains on cash and collections. While our liquidity is strong, we are prioritizing receivables management to support sustainable growth. Overall, with a strengthened balance sheet and growing global presence, we are well-positioned for the next phase of growth.

    FTL’s Core Value Proposition

    Fabtech Technologies Limited continues to position itself as a critical enabler of global healthcare infrastructure, supporting the production of life-saving medicines worldwide without producing a single pill ourselves.

    Disclaimer

    This press release contains certain statements that may be deemed to be forward-looking statements and are based on management’s current expectations, including insights from unaudited financial information for Q4 & FY26. These statements are subject to various risks and uncertainties, including government actions, economic and political developments, technological changes, and other external factors that may cause actual results to differ materially.

    The Company assumes no responsibility for any decisions made based on such statements and undertakes no obligation to publicly update or revise them to reflect subsequent events or circumstances. For detailed financial information, please refer to official filings submitted to the stock exchanges.

  • Marketing in 2026 is not broken; the way we measure it is

    Marketing in 2026 is not broken; the way we measure it is

    By Agam Chaudhary, Founder — Two99 & MarkGrid 

    New Delhi [India], April 29: I have spent more than a decade inside the Indian marketing industry. I have run campaigns for some of the country’s most ambitious brands. I have sat in budget reviews where the CFO asked, “What did we actually get for that ₹20 crore?” and watched a room full of smart people go silent. I have seen performance dashboards that looked impressive and meant nothing. And I have spent the better part of the last two years building a platform specifically because I was tired of being part of the problem.

    Let me tell you what I think is really happening in marketing in 2026.

    The Consumer Moved. The Industry Didn’t.

    When the frameworks most agencies still use were designed, Google was the front door to every brand. Cookies tracked every user. TV and print set the cultural agenda. The buyer journey was linear enough to map on a whiteboard. Attribution was complicated, but it was at least possible.

    None of that is true anymore.

    Today, a 24-year-old in Bengaluru discovers your brand through a creator’s YouTube Short, validates it on Reddit, asks ChatGPT whether it’s worth buying, finds a discount code in a WhatsApp community, and converts on your website via a Google retargeting ad. Your attribution model sees: Google. Your media team doubles down on paid search. Your creator partner wonders why her invoice went unpaid. And you wonder why customer acquisition cost keeps climbing.

    The buyer journey isn’t broken. Your ability to see it is.

    “72% of the modern buyer journey is invisible to every standard analytics tool in the market. That isn’t a data problem. It is an architecture problem. And it is costing Indian brands thousands of crores every year.”
    — Agam Chaudhary

    The Agency Model Was Built for a Different War

    The traditional agency model — retainers, markups, monthly decks, quarterly reviews — was designed for a world where campaigns ran in discrete bursts, media was bought in advance, and the feedback loop between spend and result was measured in months. The model worked when the environment was slow enough for humans to keep up.

    That environment is gone. Real-time performance data, infinite content surfaces, AI-mediated discovery, creator-led distribution, community-as-moat — none of this can be managed by a team of account managers in a spreadsheet. The speed advantage now belongs entirely to brands that have replaced human-in-the-loop workflows with AI-in-the-loop intelligence.

    The brands winning in 2026 are not louder. They are not spending more. They are operating with a quality of information that their competitors simply do not have. They know which creator drives the pipeline, not just reach. They know how often AI chatbots recommend them versus alternatives. They see the 72% of the buyer journey that everyone else is blind to. And they can prove every rupee of marketing spend to their CFO in 3 minutes, not 3 weeks.

    What Marketing Must Become

    The shift I am describing is not incremental. It is not about adding an AI tool to your existing stack. It is about recognising that the stack itself is the problem — and that marketing’s next era requires an entirely different architecture.

    Marketing in 2026 must be AI-native, not AI-assisted. It must connect creator intelligence to revenue attribution to content generation to community analytics to CFO reporting in a single, compounding intelligence loop. It must be fast enough to respond to signals within hours, not quarters. And it must be accountable enough that the CMO and CFO are looking at the same number.

    At MarkGrid, we built this because we believed no one else would build it the way it needed to be built — by people who had lived inside the problem long enough to understand it at the roots. The platform replaces 8 to 15 disconnected tools, delivers first insights in 24 hours, and has demonstrated a >15% CAC reduction across clients in the first 90 days.

    But the technology is almost secondary to the mindset shift it represents. Marketing is no longer about managing campaigns. It is about owning intelligence. The brands that understand this in 2026 will be the brands that everyone else is trying to benchmark against in 2030.

    “The question is not whether AI will change marketing. It already has. The question is whether your organisation will be the one doing the changing, or the one being changed.”
    — Agam Chaudhary

    The black box is open. What you do with what’s inside it is the only question that matters.

    — Agam Chaudhary is the Founder of Two99, India’s leading independent performance marketing group, and the creator of MarkGrid, the AI-native Marketing Economics Platform. He writes and speaks on the intersection of AI, marketing accountability, and the future of brand-building in India.

    About Two99

    Two99 is India’s leading independent performance marketing group, founded by Agam Chaudhary. The company works with some of India’s most ambitious and fast-scaling brands, delivering measurable, accountable marketing outcomes across digital channels, creator ecosystems, and AI-native platforms.

    Two99’s work spans performance marketing, growth strategy, content intelligence, and marketing economics — designed to give brand leaders the clarity and confidence to make decisions that compound over time. The group is the founding force behind MarkGrid, the AI-native Marketing Economics Platform built to replace fragmented toolchains with a single, unified intelligence layer.

    Headquartered in India, Two99 operates at the intersection of marketing strategy, technology, and accountability — helping organisations move from campaign thinking to intelligence-led growth.

    For media enquiries, partnerships, or speaking requests, contact: communications@two99.in | www.two99.org

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  • Goldratt Bharat and CII Announce Certified TOC Business Acceleration Program Starting May 20

    Goldratt Bharat and CII Announce Certified TOC Business Acceleration Program Starting May 20

    Gurugram (Haryana) [India], April 29: Goldratt Bharat, in collaboration with the Confederation of Indian Industry (CII), has announced the launch of the Certified TOC Business Acceleration Program, a structured learning initiative designed to help business leaders improve cash flow, delivery performance, and operational effectiveness.

    The program is scheduled to commence on 20th May 2026 and will be delivered through a series of five focused modules, combining conceptual clarity with practical application for Indian industry.

    Program Structure and Focus Areas

    The program has been designed to provide participants with a clear, actionable understanding of how to improve business performance using the Theory of Constraints (TOC). The five modules will cover:

    • Introduction to TOC and system-level thinking
    • Throughput Accounting and financial decision-making
    • TOC for Operations (including flow and lead time improvement)
    • TOC for Supply Chain and inventory management
    • Implementation framework and weekly review systems

    Each module is structured to move beyond theory and focus on real-world application, enabling participants to identify constraints within their own organisations and take targeted action.

    Facilitators 

    The program will be facilitated by senior experts from Goldratt Bharat, Nikhil Gilani and Ira Gilani, who bring extensive experience across industries such as telecom, manufacturing, retail, and supply chain.

    Their sessions will focus on practical insights drawn from real transformation engagements, ensuring that participants are able to relate concepts directly to business situations.

    Who Should Attend

    The program is designed for business owners, CXOs, and senior leaders responsible for operations, supply chain, finance, and overall business performance. It is particularly relevant for organisations seeking to improve delivery reliability, reduce inventory, and strengthen cash flow without significant capital investment.

    Registration and Contact Details

    Interested participants can register or seek further information through the following contacts:

    Jaisurya Banerjea 

    jaisurya.banerjea@cii.in +91 83348 81115

    Purnata Bhattacharya 

    purnata.bhattacharya@cii.in +91 7003730973

    About the Collaboration

    The Confederation of Indian Industry (CII) is a non-government, not-for-profit organisation that works to create and sustain an environment conducive to the development of India’s industry. With a strong network across sectors, CII plays a key role in capability building and industry engagement.

    This collaboration brings together CII’s institutional reach and Goldratt Bharat’s domain expertise to deliver a program that is both relevant and actionable for Indian businesses.

    Goldratt Bharat: A 27-Year Track Record in Business Transformation

    Founded in 1998 by Ravi Gilani,Goldratt Bharat has worked with companies across sectors such as automotive, metals, aerospace, retail, infrastructure, and financial services. Its clients include organisations such as Jindal Steel & Power, Tata Boeing Aerospace, Godrej & Boyce, Hindustan Zinc, Sleepwell, Indian Terrain, Thomson Press and others.

    The firm’s work is based on the Theory of Constraints, a management philosophy that focuses on identifying and addressing the single factor limiting system performance. Over the years, this approach has helped organisations improve delivery performance, reduce inventory, and strengthen cash flow.

    Unlike conventional turnaround strategies that rely on cost cutting, Goldratt Bharat’s engagements focus on improving flow and increasing throughput — the rate at which a company generates value.

    Looking Ahead

    As businesses continue to navigate complexity and increasing competition, the need for focused and practical management approaches is becoming more critical. The Certified TOC Business Acceleration Program aims to equip leaders with the tools to identify what is truly limiting their performance and act on it effectively.

    With its combination of structured learning and real-world application, the program is expected to create meaningful impact for participating organisations.

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  • From One Billboard to a 100+ Network: How Amit Mahadik Built Siddhivinayak Advertising

    From One Billboard to a 100+ Network: How Amit Mahadik Built Siddhivinayak Advertising

    Navi Mumbai (Maharashtra) [India], April 29: Growth stories in advertising often sound predictable, until you come across one that is built not on scale-first ambition, but on a deep, almost obsessive understanding of the market. That’s where Amit Mahadik’s journey stands apart.

    Before launching Siddhivinayak OOH Advertising Pvt. Ltd., Amit spent seven years working as a media planner. But this wasn’t just another job phase; it became his real classroom. Instead of limiting himself to campaign execution, he closely studied how cities behave. Traffic flows, visibility angles, commuter psychology, high-attention zones, and details most people overlook became his foundation.

    By the time he decided to start his own venture in 2018, the move wasn’t impulsive. It was calculated.

    A Single Billboard, A Long-Term Play

    The company didn’t begin with scale. It began with one billboard in Thane.

    That first site was less about revenue and more about validation. Could a carefully selected location outperform bulk inventory? Could consistency beat aggressive expansion?

    The early days weren’t easy. Prime locations were already dominated by established players. Regulatory hurdles slowed progress. Client trust had to be earned from scratch. But instead of chasing shortcuts, Amit focused on getting the basics right: execution, reliability, and delivery.

    Those choices quietly shaped Siddhivinayak’s reputation.

    Building a Network That Prioritizes Value Over Volume

    Fast forward to today, and that single billboard has grown into a network of over 100 premium locations across Mumbai, Thane, and Navi Mumbai.

    What’s notable is how this growth happened. The company didn’t expand by collecting inventory; it expanded by selecting impact-driven sites. Every location was chosen with intent: visibility, audience relevance, and measurable brand recall.

    Over time, Siddhivinayak Advertising has delivered more than 150 outdoor campaigns, working closely with brands to ensure not just placement, but performance.

    This shift, from being a vendor to becoming a results-focused partner, has been central to its positioning.

    Siddhivinayak 2.0: Moving Beyond Regional Strength

    The next chapter is where things get more ambitious.

    With its 2.0 phase, Siddhivinayak Advertising is transitioning from a strong regional operator into a PAN India OOH solutions platform. The focus is no longer limited to inventory; it’s about offering end-to-end campaign strategy and execution.

    This includes:

    • Insight-led media planning
    • Location strategy aligned with campaign goals
    • Creative support for outdoor formats
    • Seamless multi-city execution

    To support this, the company is investing in talent and centralized systems that can handle scale without compromising reliability.

    Redefining the OOH Client Experience

    One of the biggest gaps in outdoor advertising has always been fragmentation: multiple vendors, inconsistent execution, and lack of accountability.

    Siddhivinayak 2.0 is trying to change that.

    The goal is to offer brands a single, dependable partner who can manage large-scale campaigns across cities with the same level of precision. This execution-first approach is what the company is betting on as it enters a more competitive national space.

    The Road Ahead

    The vision is straightforward but demanding: to become a go-to name for brands looking for structured, scalable, and result-driven OOH campaigns across India.

    From one billboard in Thane to a growing national ambition, the journey reflects something simple but rare in today’s market: growth built on understanding before expansion.

  • GAP Group Hosts GICEA Delegation in Dholera SIR

    GAP Group Hosts GICEA Delegation in Dholera SIR

    Dholera (Gujarat) [India], April 29: A delegation of 35 members from the Gujarat Institute of Civil Engineers and Architects (GICEA) recently visited the Dholera Special Investment Region (SIR) to gain first-hand insights into the rapidly developing smart city and explore its growing infrastructure, industrial, and real estate opportunities.

    The visit follows a brainstorming session hosted by GICEA earlier this month on Dholera Smart City, which highlighted the region’s emergence as one of India’s most significant greenfield developments and a future hub for semiconductor manufacturing.

    During the visit, the delegation toured the ABCD Building, the administrative hub of Dholera, where they visited the ICT department and the Dholera Experience Centre to understand the city’s master planning, infrastructure roadmap, and technological framework.

    The delegation also visited the headquarters of GAP Group, one of western India’s fastest-growing infrastructure developers and an early mover in Dholera’s Activation Zone. Members were briefed on the company’s role in shaping early development in the region and its ongoing projects.

    The members visited the site of the Rs. 91,000 crore Tata Electronics semiconductor fabrication facility, a joint venture with Taiwan’s PSMC, which is currently under development and is expected to begin production by 2027. The delegation also toured Renew Power’s solar cell manufacturing site. In addition, the group visited several public infrastructure projects being developed in Dholera, including the school, hospital, fire station, and sewage treatment plant, all of which are nearing completion.

    At the GAP Group headquarters, the delegation was given a detailed presentation on the Group’s Akhilam Township. Spanning more than 40 lakh sq ft of planned construction, Akhilam is envisioned as a large-scale mixed-use township integrating 1BHK studio apartments, 2BHK family residences, commercial spaces, co-working spaces, a clubhouse, food court, and corporate office infrastructure. The delegation was also informed about plans for a five-star Hyatt hotel being developed in partnership with GAP Group.

    Commenting on the visit, Ambrish Parajiya, Managing Director of GAP Group, said, “Dholera is rapidly transforming into one of India’s most important industrial and infrastructure destinations, particularly with the semiconductor ecosystem taking shape. Visits like these help industry professionals understand the scale of opportunity that exists here, not just in real estate, but across manufacturing, infrastructure and urban development.”

    “GAP Group has been working in Dholera since 2014 and has witnessed this transformation from the very beginning. We are proud to contribute to the development of the activation zone and help build the ecosystem that will support Dholera’s long-term growth,” he added.

    The visit provided delegates with first-hand exposure to the scale of development underway in Dholera. Located around 110 kilometres from Ahmedabad along the Delhi-Mumbai Industrial Corridor, Dholera spans 927 sq km and is positioned as India’s first platinum-rated greenfield smart city. Its connectivity has received a further boost with the Ahmedabad-Dholera Expressway.

    The visit concluded with GICEA members expressing keen interest in the long-term investment, infrastructure, and development opportunities emerging in Dholera.

  • Hettich Expands Its Experiential Touchpoints in North India with the Launch of the Hettich Exclusive (HeX) Store at Ludhiana

    Hettich Expands Its Experiential Touchpoints in North India with the Launch of the Hettich Exclusive (HeX) Store at Ludhiana

    Ludhiana exclusive HEX launch was graced by Mr. Amit Kumar, Mr. Vikram Singh, and Mr. Ankit Kulshrestha, marking an inspiring new beginning.

    Ludhiana (Punjab) [India], April 29: Hettich India, in its silver jubilee year is expanding its experiential presence in North India with the launch of its Hettich Exclusive (HeX) store in Ludhiana. The new store strengthens Hettich’s network of experiential touchpoints, offering customers an immersive space to explore and engage with innovative German furniture fittings and magical solutions.

    The HeX Ludhiana store offers an integrated solution-shopping experience with curated walk-throughs of contemporary furniture fitted with German furniture fittings, architectural door hardware,furniture lighting, and built-in kitchen appliances. Customers can also benefit from Free Design Services, where professional designers assist in visualising and designing furniture for living spaces.

    Commenting on the launch, Mr. Rahul Thakkar, Director – Sales, Hettich India, said: Ludhiana’s transformation into a city of modern homes and refined tastes reflects its progressive spirit. The appetite for high-quality, functional, and beautifully designed furniture fitted with premium fitting solutions is growing rapidly here. Our new HeX store brings award-winning German innovation closer to customers, giving them an immersive space to explore and experience our magical solutions.”

    The Ludhiana HeX store is part of Hettich’s strategic plan to open HeX stores across India this year, strengthening its experiential ecosystem alongside Experience Centres nationwide. Each solution from Hettich is designed to be smart, durable, and tailored for evolving lifestyles. 

    Step into HeX Ludhiana at Nexa Kitchens, 2617, Golden Plaza, Upper Ground Floor, Ferozepur Rd, near Nagpal Hotel, Ludhiana, Punjab 141001, Ph No. 9988090999

    About Hettich:

    Hettich is a 138-year-old family-owned German lifestyle brand, being one of the world’s largest manufacturers of Furniture Fittings with a global turnover exceeding 1.5 billion euros. In India, Hettich started operations at the dawn of the new millennium and within a short span of time gained an undisputed leadership position in the Indian furniture fittings industry. This year, the company celebrates 25 years of its operation in India, with the theme of ‘Built to Lead’, a powerful articulation of the journey and leadership mindset shaping its future. 

    Hettich’s product portfolio comprises a repertoire of Furniture Fittings, Architectural Hardware, Blaupunkt Built-in Appliances and Furniture Lights, providing magical interior solutions for all residential and commercial spaces.

    It is the recipient of ET Edge ‘Best Brands’ (2022 – 2025), ‘Most Preferred Brand’ 2025 and ‘Most Trusted Brands of India’ (2023 – 2027) by Marksmen Daily recognitions for its unwavering customer trust and strong brand equity. Hettich India has also been recognised among the Top 50 India’s Best Workplaces™ in Manufacturing (Large Category).

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  • Fredun Pharmaceuticals Expands Manufacturing Base with Fifth Facility at Palghar

    Fredun Pharmaceuticals Expands Manufacturing Base with Fifth Facility at Palghar

    Mumbai (Maharashtra) [India], April 29: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730), one of India’s leading pharmaceutical formulation manufacturing companies with a diversified presence across generics, cosmeceuticals, nutraceuticals, mobility, and animal healthcare products, has announced the establishment of a new manufacturing facility in Palghar, Maharashtra, marking the addition of its fifth facility.

    Manufacturing Expansion Highlights

    • 40,000 sq. ft. New Facility Added
      Marks a significant step in the Company’s expansion journey; expected to be operational by October 2026.
    • 50,000 sq. ft. Planned Expansion
      To be undertaken under strategic growth initiatives.
    • Supports Key Product Categories
      Veterinary products, supportive nutraceuticals, and pharmaceutical formulations.
    • Expected Operational Benefits
      Enhanced efficiency, improved production scalability, and the ability to meet growing domestic and international demand.
    • Stronger Manufacturing Footprint
      Integration with existing facilities strengthens presence across the pharmaceutical and nutraceutical sectors.

    The Company remains committed to maintaining high standards of quality, compliance, and innovation while strengthening its position as a leading manufacturing partner in the healthcare industry.

    Commenting on the development, Mr. Fredun Medhora, Managing Director, said: “As our business continues to expand, we are gradually strengthening our manufacturing footprint to stay aligned with our requirements. With opportunities opening up across our key segments, our focus remains on building a stronger and more scalable foundation.”

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  • Magellanic Cloud Limited Announces Massive $11 Million UAV Joint Venture to Advance India’s Make in India Defence Vision

    Magellanic Cloud Limited Announces Massive $11 Million UAV Joint Venture to Advance India’s Make in India Defence Vision

    Mumbai (Maharashtra) [India], April 29: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891 | INE613C01026), a technology-driven enterprise focused on emerging and high-growth sectors, today announced the formation of a strategic joint venture (JV) to manufacture advanced Unmanned Aerial Vehicle (UAV) systems in India.

    The Company has entered into the JV with Rayonix Tech, an India-based defence technology company, in partnership with XTEND, an Israel-based AI-powered robotics, UAV, and software systems company. This development marks a significant step in Magellanic Cloud’s expansion within the fast-growing defence and security technology sector.

    ₹100 Crore Investment in Localised Manufacturing

    The joint venture, valued at ~US$11 million (~₹100 crore), will establish end-to-end manufacturing, testing, and distribution capabilities in India. These UAVs will cater to the evolving requirements of the armed forces and security agencies, supporting surveillance, reconnaissance, and mission-critical operations.

    XTEND’s XOS Operating System to Power Next-Generation UAV Platforms

    XTEND’s XOS operating system will serve as the software backbone of UAV systems manufactured by Magellanic Cloud, enabling:

    • Human-guided autonomy 
    • AI-driven navigation 
    • Mission planning 
    • Real-time operational control across multi-domain robotic systems 

    As XTEND’s exclusive manufacturing and distribution partner in India for selected platforms, Magellanic Cloud will support sovereign deployment under a unified software architecture.

    Advanced Tactical Drone Portfolio to Address Diverse Defence Applications

    XTEND’s advanced tactical drone portfolio includes:

    • SCORPIO 500 for precision strikes 
    • SCORPIO 1000 for extended missions 
    • XTENDER for micro-ISR operations 
    • HONEY BADGER for rugged mission-critical environments 
    • WOLVERINE for AI-assisted tactical and combat missions 

    Strategic Step Towards Capturing India’s Growing Defence Drone Opportunity

    The joint venture aims to cater to the growing demand for advanced UAV systems from India’s defence ecosystem. By leveraging XTEND’s proven autonomous operating systems and combining them with domestic manufacturing capabilities, the joint venture seeks to deliver mission-critical drone solutions built for Indian operational requirements.

    This strategic partnership further strengthens Magellanic Cloud’s growing presence in drone technologies, AI-led surveillance, and intelligent infrastructure solutions, reinforcing its position as a technology-driven enterprise focused on emerging and high-growth sectors and investing in future-ready technologies with strong national relevance.

    Commenting on the development, Mr. Joseph Sudheer Thumma, Global CEO & MD, Magellanic Cloud Ltd., said, “This joint venture marks a defining moment in Magellanic Cloud’s mission to revolutionise the defence ecosystem. By integrating XTEND’s globally battle-proven platforms – including their proprietary software XOS and products like Wolverine and Scorpio into our manufacturing capabilities, we are delivering more than just a drone; we are providing a sophisticated digital nervous system for modern warfare. Through the XOS autonomy platform, we will be delivering a unified command interface that enables seamless multi-platform force coordination and AI-assisted mission execution. This shift toward software-defined autonomy ensures the Armed Forces have the precision and agility required for the next generation of defence. This collaboration is a cornerstone of XTEND’s global operational footprint expansion and cements Magellanic Cloud’s position as a technology-led powerhouse driving indigenous defence innovation. Drawing from decades of industry evolution, I can state with certainty: this marks a definitive paradigm shift for the Indian drone market.”

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  • From Page One to AI Answers: How Tangence India Is Leading the Future of Search

    From Page One to AI Answers: How Tangence India Is Leading the Future of Search

    New Delhi [India], April 29: There is a simple test for any SEO agency worth hiring: can they rank their own website? It sounds obvious, but most agencies quietly fail it. Tangence India passed – ranking for some of the most competitive search terms like SEO Services, SEO Packages, etc. in the digital marketing industry, and then using that same playbook to do the same for their clients.

    What made this remarkable was not luck or a large budget. It was the fact that Tangence, a lean, focused agency, had managed to appear on the first page of Google for searches that thousands of businesses make every month when they are ready to invest in growing their online presence. These are searches dominated by big directories, global agencies, and established players with years of head start. Breaking through that noise takes more than good intentions.

    This is the story of how they did it. And it is also the story of why that achievement, as impressive as it is, is only one chapter in a much bigger shift happening in the world of search.

    The Honest Problem Most Agencies Never Talk About

    Here is something the digital marketing industry rarely admits: many agencies that sell SEO struggle to rank on Google themselves. The work for clients always takes priority. Internal growth gets pushed aside. And the agency’s own website quietly sits on page three, four, or beyond.

    Tangence India made a deliberate choice to be different.

    “If we are asking clients to trust us with their online visibility, we need to prove we can build our own,” the agency’s leadership has said. “Ranking for terms like SEO services or ‘SEO packages’ is not a vanity exercise for us. It is our most honest proof of work.”

    These are not easy keywords to rank for. When a business types “SEO services” into Google, they are ready to hire someone. That buying intent means these searches are fiercely competitive, dominated by large directories, established agencies with years of history, and international companies with enormous resources.

    Breaking into that space required a clear strategy, patience, and a willingness to do the hard work.

    Getting the Basics Right: Making the Website Work for Google and for People

    Before writing a single blog post or reaching out to a single publication, Tangence focused on something unglamorous but essential: making sure their website itself was in good shape.

    Think of it like preparing a shop before opening. The signage needs to be clear, the layout needs to make sense, and the experience needs to be smooth. On the internet, this translates to how fast a website loads, how easy it is to navigate, and whether Google can read and understand what the site is about.

    Google has a set of standards for good website experiences, things like how quickly a page loads on a phone, whether content jumps around while loading, and how responsive the site feels. According to Google’s own research, websites that meet these standards are significantly less likely to lose visitors before the page even finishes loading. For a business trying to compete on high-demand searches, this matters more than most people realise.

    Tangence also organised its website content in a logical, connected way. Rather than having random pages scattered across the site, they built a structured content system, a main page on SEO services, supported by related articles and guides on specific topics. Everything linked to everything else in a way that made sense, both for visitors and for search engines trying to understand what the site was about.

    Content That Actually Helps People And Ranks Because of It

    A few years ago, a common SEO tactic was to stuff as many keywords as possible into an article, regardless of whether the content was actually good. That approach no longer works and for good reason.

    Google made a significant shift in how it evaluates content. The question is no longer just “does this page mention the right words?” The question is now, “is this page genuinely useful to someone who lands on it?”

    This change rewarded agencies like Tangence that had always believed in creating content with real substance. Their blog posts and guides were not generic overviews copied from other sources. They were written by people who actually do SEO work, drawing on real campaign data and real client experiences. When Tangence wrote about how to improve search rankings, it was because their team had done exactly that, and they could show the numbers to prove it.

    This kind of content does something valuable: it earns trust. Not just from readers, but from other websites, journalists, and publishers who begin to reference it. When a respected industry publication links to your content because it found it genuinely useful and not because you paid for it, that is one of the strongest signals a website can send to Google.

    Building Credibility the Right Way: Getting Others to Vouch for You

    In the world of search, links from other websites to yours act like votes of confidence. The more reputable the website linking to you, the more that vote counts.

    But not all links are equal, and not all link-building strategies are ethical. Buying links, using link farms, or tricking websites into linking to you can result in Google penalties that do the opposite of what you intended.

    Tangence took a different path. They invested in producing original research, reports on how Indian businesses were using digital marketing, analyses of trends in the industry, and commentary that journalists and editors found worth referencing. These pieces appeared in news platforms, trade publications, and business media. Each mention built their reputation. Each link strengthened their standing in Google’s eyes.

    They also built genuine relationships with other businesses in the digital space, web designers, software companies, and marketing consultancies, where sharing each other’s useful content made sense for both parties.

    The result was a growing network of credibility that no shortcut could replicate. By the time their rankings for “SEO services” and “SEO packages” consolidated, Tangence had earned that visibility rather than manufactured it.

    A Shift That Changed Everything: When Google Started Answering Instead of Listing

    Even as Tangence was succeeding at traditional search optimisation, something significant was happening to Google itself.

    Not long ago, searching for something online always led to the same outcome: a list of blue links. You clicked one, read the page, found your answer, and went back if needed. Simple.

    That model is quietly being replaced.

    Today, when you search for many things on Google, you are increasingly likely to see a direct answer at the very top of the page, sometimes generated by an AI, sometimes pulled from a featured summary. You get what you need without clicking anything at all.

    Research shows that nearly 60% of Google searches in major markets now end without anyone clicking a link. People find their answer right there on the results page. For businesses that have invested heavily in getting to the top of those results, this creates a real challenge: you can rank number one and still lose the visitor to an AI-generated summary that appeared above you.

    In 2024, Google launched what it calls “AI Overviews”, a feature that places an AI-written answer at the very top of search results for millions of queries. Industry data suggests these AI summaries were appearing in more than a third of all Google searches within months of launch.

    The fundamental question for any business with an online presence shifted. It was no longer just: How do we rank on Google? It became: How do we become the source that Google’s AI or ChatGPT, or any other AI assistant, uses when it constructs its answer?

    Three Layers of Modern Search: SEO, AEO, and GEO

    To understand where digital marketing is heading, it helps to think of search optimisation as having three connected layers, each building on the last.

    • The first layer is traditional SEO – Search Engine Optimisation. This is the foundation. It covers all the work that makes a website findable on Google: the right content, a well-structured site, and good links from other websites. This has not gone away. If anything, it matters more than ever, because everything else is built on top of it.
    • The second layer is AEO – Answer Engine Optimisation. This emerged as voice assistants like Siri, Google Assistant, and Alexa became popular. When someone asks their phone a question out loud, they expect a direct spoken answer, not a list of links. AEO is the practice of writing content in a way that directly and clearly answers specific questions, so that these voice assistants and AI tools can pull from it confidently. It means writing in plain language, structuring content around real questions people ask, and providing clear, concise answers.
    • The third layer is GEO – Generative Engine Optimisation. This is the newest frontier, and it is rapidly becoming essential. As AI assistants like ChatGPT, Google Gemini, and Perplexity become common research tools, people are increasingly asking them questions rather than typing into a search bar. These AI systems generate answers by drawing on content from across the internet and they favour sources that are credible, well-organised, and frequently cited by others.

    Tangence India began preparing for this shift before most agencies had even heard the term GEO. Their view was straightforward: the tools people use to search are changing, but what those tools are looking for trustworthy, genuinely useful, well-sourced information remains the same. Build that, and you will be found, regardless of whether the search happens on Google, a voice assistant, or an AI chatbot.

    The New Goal: Being the Source AI Trusts

    Here is a useful way to think about how AI search works. When you ask ChatGPT, “which SEO agency in India should I consider?”, the AI does not randomly generate an answer. It draws on content it has learned from articles, guides, research, and reviews, and it leans on sources that have consistently been cited, referenced, and regarded as reliable by others.

    If your business has spent years producing genuine, expert content that other people have linked to and referenced, you are far more likely to be part of that answer. If your business has done the bare minimum, a thin website with a few pages and no real substance, you will likely be invisible.

    Tangence India understood this and built their content strategy accordingly. Every article, guide, or report they published was designed not just to rank on Google, but to be the kind of source that deserves to be referenced. Original data. Real-world examples. Clear explanations. Expert perspectives that could not be found just anywhere.

    The goal was simple: to be the agency that, when someone or some AI goes looking for expertise in search marketing in India, Tangence is naturally part of the answer.

    How People Search Has Changed Too

    One more shift worth understanding: the way people phrase their searches has changed significantly.

    A few years ago, most people typed short, clipped phrases into Google. “SEO agency Delhi.” “Best digital marketing.” Today, especially with voice search and AI assistants becoming more common, people ask full questions in natural language. “Which is the best SEO agency for a small business in Delhi?” “How do I get my business to appear on Google?”

    The intent behind these searches is the same. But the words are completely different and content that only works for the short, clipped version will miss the conversational, question-based version entirely.

    Tangence built its content to work for both. Their guides and articles answer real questions in plain language, the way a knowledgeable person would explain something to a friend. This approach serves readers well. It also serves the AI systems that increasingly process and relay those answers.

    What This Means for Businesses in India

    India has over 800 million internet users, and that number continues to grow. AI-powered tools are becoming part of everyday life for a rapidly increasing share of that population. The businesses that build genuine digital credibility now, through quality content, consistent online presence, and smart search strategy, will have a significant head start as these tools become mainstream.

    The rules of search are not getting simpler. But the underlying principle has not changed: be genuinely useful, be trustworthy, and be findable wherever people are looking.

    Tangence India’s own journey, from ranking on Google for competitive terms to preparing for an AI-driven search future, reflects exactly this principle. They did not chase shortcuts. They built real credibility, produced real content, and adapted to real changes in how search works. And they applied all of that to their clients as well as to themselves.

    The Bottom Line

    Search has changed dramatically in a short period of time. The blue links that defined Google for two decades are now just one part of a much wider picture that includes AI-generated answers, voice assistants, and conversational search.

    For businesses, this means that being visible online is no longer just about having a website that Google ranks. It is about being a trusted source of information that AI systems draw on, that voice assistants reference, and that people genuinely find helpful when they are making decisions.

    Tangence India has navigated this shift thoughtfully, building their own search presence the hard way, developing expertise across all three layers of modern search, and positioning itself as a resource that the industry genuinely values.

    In a world where search keeps changing, that kind of credibility is not just useful. It is everything.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • AVI Polymers Reports Breakout FY26 Performance; Revenue at Rs. 312 Cr, Profit Surges 25 times to Rs. 20.33 crore

    AVI Polymers Reports Breakout FY26 Performance; Revenue at Rs. 312 Cr, Profit Surges 25 times to Rs. 20.33 crore

    Anand, (Gujarat) [India], April 29: Avi Polymers Limited (BSE – 539288), a company engaged in the business of trading of agriculture products with a growing focus on technology-driven businesses, reported strong growth in FY 2025-26, marking a transformational year defined by strong financial performance, successful capital infusion, and strategic expansion into high-growth digital platforms.

    Highlights:-

    • FY26 marked AVI Polymers’ strategic evolution into technology-led businesses through its wholly owned subsidiaries in AgriTech and HealthTech.
    • FY26 a transformational year defined by strong financial performance, successful capital infusion, and strategic expansion into high-growth digital platforms.
    • On Q-o-Q basis, Revenue rise 13.6% Y-o-Y to Rs. 150.28 crore; PAT up 46.1% to Rs. 10.24 crore
    • Company is set to launch AVI Health AI this week through AVI AI Technologies Pvt. Ltd.
    • The diversification, to be driven by its subsidiary AVI AI Technologies, marks a key step in the Company’s transition toward a future-ready, technology-led business model.

    Company recently entered Agritech Space with launch of AI Powered ‘Krishibuddy’, aims to simplify farming decisions, improve farmer income and expand access to global markets

    For FY26, the company reported revenue of Rs. 312 crore, underpinned by robust growth in its core agri-trading business. Profitability witnessed a significant uplift, with net profit surging nearly 25 times year-on-year to Rs. 20.32 crore in FY26 as compared to Net profit of Rs. 81 lakh in the corresponding period last year reflecting improved scale, operational efficiencies, and disciplined execution. The Company delivered a Profit Before Tax (PBT) margin of 8.88% and a Profit After Tax (PAT) margin of 6.51%, demonstrating strong earnings quality in a high-velocity trading environment.

    Mr. Chintan Patel, Managing Director, AVI Polymers Ltd said, “FY26 represents a defining year for AVI Polymers, with strong financial delivery complemented by strategic investments that position the Company at the intersection of agri-tech and health-tech—two of India’s most promising sectors. We are thankful to our shareholders, partners, and stakeholders for their continued trust and support, which enabled this phase of accelerated growth and transformation. “

    On a sequential basis, performance remained strong in Q4 FY26. Revenue stood at Rs. 150.28 crore as compared to Rs. 132.32 crore in Q3 FY26, registering a 13.6% growth. Profit Before Tax rose 26.8% quarter-on-quarter to Rs. 13.78 crore, while net profit increased 46.1% to Rs. 10.24 crore as compared to net profit of Rs. 7.01 crore in Q3FY26.

    The company has successfully completed its rights issue, raising Rs. 89.99 crore by issuing 8,99,95,400 equity shares at Rs. 10 each. The issue, which opened on February 23, 2026 and closed on March 17, 2026, was fully subscribed, reflecting strong investor confidence. The proceeds have significantly strengthened the Company’s financial position and will support its next phase of growth.

    As a result of strong results, the Company closed FY26 with its strongest balance sheet to date. Net worth expanded sharply to Rs. 115.99 crore from Rs. 35.67 crore in the previous year, while cash and cash equivalents stood at Rs. 16.60 crore. The Company continues to maintain negligible borrowings, operating with a virtually debt-free balance sheet, providing significant financial flexibility.

    “The Company believes that focused investments in AI infrastructure and ecosystem growth will drive meaningful value creation over the medium term. The Board has evaluated capital allocation in light of strong growth opportunities across both the core trading business and the emerging AI subsidiaries. At this stage, reinvesting internal accruals is expected to deliver superior long-term value for shareholders”, added Mr. Patel.

    Further strengthening its digital portfolio, the Company is set to launch AVI Health AI this week through AVI AI Technologies Pvt. Ltd. The platform will offer real-time wellness analytics, AI-driven diagnostic support, and a scalable health-tech architecture tailored for India’s mobile-first population. This proposed diversification will be undertaken through its subsidiary, AVI AI Technologies, marking a significant milestone in the Company’s evolution toward a future-ready, technology-driven business model.

    The Company has successfully launched KrishiBuddy, an AI-driven smart farming platform developed by AVI Eco Spark Pvt. Ltd. The platform integrates multilingual conversational AI, satellite-based crop monitoring, predictive profitability tools, and market linkage capabilities, positioning AVI at the forefront of India’s rapidly growing agritech ecosystem.

    In view of the significant growth opportunities across both core and digital businesses, the Board has decided to defer dividend declaration for the current period, with a plan to revisit distribution in the next quarter as the newly launched digital platforms begin contributing to cash flows.

    About Avi Polymers Limited :

    Avi Polymers Limited is a listed company engaged in the manufacturing and trading of polymer compounds and specialty chemicals. Established in 1993, the company has built a diversified portfolio that includes polymer products, chemical intermediates, and water treatment solutions catering to multiple industries. Over the years, Avi Polymers has expanded its capabilities from manufacturing to becoming a multi-product trading and solutions provider, with a focus on quality, reliability, and customer needs. The company is now increasingly focusing on innovation and new-age business segments, including technology-driven initiatives through its subsidiary AVI Eco Spark Private Limited, as part of its long-term growth strategy.