{
  "id": 3929271,
  "title": "Defence Tech Startup Sanlayan Turns Profitable In FY26, Revenue Surges 5.7X To ₹125 Cr",
  "url": "https://urgent.news/2026/08/27/defence-tech-startup-sanlayan-turns-profitable-in-fy26-revenue-surges",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T14:47:49.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/sanlayan-turns-profitable-in-fy26-revenue-surges-5-7x-to-%e2%82%b9125-cr/"
  },
  "original_language": "en",
  "account": "Defence tech startup Sanlayan Technologies reported its first-ever profitability in the financial year 2025-26 (FY26), as acquisitions and strategic investments propelled its revenue growth. The Bengaluru-based company posted a consolidated net profit of ₹7.9 crore, up from a net loss of ₹2.9 crore in FY25, according to its latest financial statements. Operating revenue surged five times to ₹124.7 crore from ₹21.7 crore in FY25, while total income rose to ₹128.2 crore, including other income of ₹3.5 crore. Sanlayan's profitability was bolstered by a ₹9.5 crore exceptional gain from the sale of immovable property. The startup's profit before tax stood at ₹33.8 crore, after accounting for a net tax expense of ₹8.8 crore. Profit before minority interest amounted to ₹25 crore, of which ₹17 crore belonged to minority shareholders in Sanlayan's subsidiaries, leaving a consolidated net profit of ₹7.9 crore. Founded in 2023 by former Zetwerk executives Rohan Gala, Abhijit Kothawale, and Rahul Vamshidhar, Sanlayan develops a range of electronic systems, including radar, electronic warfare, avionics, radio-frequency systems, and embedded electronics. The company's acquisition strategy played a pivotal role in its growth, with the acquisition of Dexcel Electronics in January 2025 and a strategic stake in defence power-electronics supplier Versabyte Data Systems in October 2025. These acquisitions expanded Sanlayan's presence across the defence electronics value chain. Sanlayan's balance sheet saw an increase in goodwill to ₹100.5 crore, while investing cash outflows totaled ₹112.6 crore. Despite rising expenses, the startup strengthened its capital base, issuing shares amounting to ₹191.6 crore and receiving a total financing cash inflow of ₹198.8 crore. By the end of FY26, Sanlayan had cash and bank balances of ₹94.3 crore, up from ₹14.9 crore in the previous fiscal year. The company's growth aligns with the Indian government's push for increased domestic procurement of critical military technologies. The defence ministry recently notified its sixth Positive Indigenisation List, covering strategically important items such as radars, sonars, fire-control systems, and satellite communication equipment, with an estimated procurement value of ₹3,070 crore.",
  "summary": "Defence tech startup Sanlayan Technologies turned profitable in the financial year 2025-26 (FY26), as acquisitions helped it scale its portfolio…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}