IT stock soars 19% after receiving ₹250 Cr order from Reserve Bank of India

Synopsis: The company’s stock surged by 19% today after it reported an order receipt of Rs 249.15 crore from the Reserve Bank of India for a software implementation to enhance the RBI’s digital capabilities.

The shares of this company, which provides end-to-end technology and technology-related services to corporations across industry verticals, are in focus after an order receipt from the India’s Central Bank.

With the market capitalisation of Rs 1,350, Dynacons Systems & Solutions Ltd’s share on Wednesday made a day high of Rs 1,087.30, up by 19.1 percent from its previous day’s close price of Rs 912.65 per share. The share has given a return of 1,443 percent over the last five years.

Dynacons Systems & Solutions Ltd has secured a key technology contract from the Reserve Bank of India to implement an Enterprise Application Platform over five years, valued at Rs 249.15 crore, including GST, and the project will follow a consumption-based model.

As part of the agreement, the company will roll out a secure, scalable, and future-ready Enterprise Application Platform by bringing together leading software solutions from global technology players such as IBM, Elastic, Hazelcast, JFrog, and Process9. The platform will be implemented across RBI’s data centres, regional offices, training centres, and key subsidiaries, including ReBIT, RBIH, DICGC, and IFTAS.

This will boost the total operating income, which stood at Rs 352 crore in Q2 FY26, with a segment split between the System integration segment contributing Rs 346 crore and the Technology Workforce Augmentation Services segment contributing Rs 5.57 crore to the revenue.

Established in 1995 with its headquarters in Mumbai and branches all over India., Dynacons undertakes all activities related to IT infrastructure, including infrastructure design and consulting services, turnkey systems integration of large Network and Data Centre infrastructures, including the supply of associated equipment and software, and on-site and remote facilities management of multi-location infrastructure of domestic clients

Financial performance, revenue grew by 15 percent YoY to Rs 352 crore in Q2 FY26, corresponding to the same quarter in the last financial year. EBDIT grew by 45 percent YoY to Rs 37.1 crore in Q2 FY26 from Rs 25.6 crore in Q2 FY25. Accompanied by YoY Net profit growth of 24 percent to Rs 22.6 crore in Q2 FY26 and EPS growth of 24 percent to Rs 17.74 per share.

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