Alankit Limited stands as the leading e-Governance Service and Solutions Provider in India, listed on NSE & BSE, and serves as the flagship company of the Alankit Group. Incorporated in 1991 by visionary entrepreneur Mr. Alok Kumar Agarwal, the company has evolved into a diversified business conglomerate with a significant market presence across multiple sectors.
The Alankit Group comprises 10 group companies with diversified activities spanning e-Governance, Financial Services, Health Care, and Insurance. The company operates through multiple business segments, primarily focusing on e-governance services and products trading, along with ancillary services. Alankit is renowned for its expertise across Financial Services, RegTech, Channel Business, Managed Services, and Technology Solutions. The company collaborates with numerous government departments in India to champion transparency and operational efficiency, facilitating the seamless delivery of various services to the public.
The company has established an extensive operational network with 21 million customers, 21 regional offices nationwide, and a total of 6,120 business locations. It also boasts a notable global presence with 3 overseas offices in London, Singapore, and Dubai. The Group's headquarters are located in Delhi, supported by 24 Regional Offices in major cities across the country.
Alankit has earned significant industry recognition for its performance and service quality. It was named "India's Leading Equity Broking House" consecutively from 2008 to 2012 by Dun & Bradstreet. The company has also received multiple other accolades, including the "Award for Excellence in e-Governance & Humanitarian Work 2019" from the Government of UAE and "Desktop Issuance Partner of the Year 2017" from Entrust Data Card.
The market capitalization of Alankit Ltd (ALANKIT) was ₹391.01 Cr as of June 27, 2025. The stock has shown mixed performance, with a 52-week high of ₹29.61 and a 52-week low of ₹13. Currently, the Price-to-Earnings (P/E) ratio stands at 19.69, and the Price-to-Book (P/B) ratio is 1.32.
For the financial year ended March 2025, the company demonstrated robust revenue growth. Key financial highlights include:
- Revenue Growth: Sales rose by 27.73% to ₹301.06 crore in the year ended March 2025, compared to ₹235.70 crore in the previous year ended March 2024.
- Net Profit: Net profit declined by 7.88% to ₹19.86 crore in the year ended March 2025, compared to ₹21.56 crore in the previous year ended March 2024.
- Q4 FY25 Performance: Net profit declined by 36.25% to ₹4.22 crore in the quarter ended March 2025, compared to ₹6.62 crore in the corresponding quarter of the previous year. Sales rose by 11.90% to ₹102.01 crore in the quarter ended March 2025, compared to ₹91.16 crore in the same period last year.
For the third quarter ended December 2024, net profit declined by 37.39% to ₹5.09 crore, compared to ₹8.13 crore in the corresponding quarter of the previous year. Sales rose by 38.32% to ₹72.77 crore, compared to ₹52.61 crore in the same period last year.
Alankit operates as a comprehensive e-governance service provider, offering various government-related services such as PAN card applications, Aadhaar services, and GST solutions. The company has received approval from the Ministry of Corporate Affairs and currently operates over 6,000 PAN centers. Alankit has introduced two GST Solutions, Alankit GSTMuneemji and Alankit GST Saarthi, along with eWay Bill Generation Software to simplify GST compliance.
The company provides a broad spectrum of financial services, including stockbroking, depository participant services, and distribution of financial products. It also offers manpower consultancy services and manages the Atal Pension Yojana. Additionally, Alankit is involved in the distribution of card printers and accessories, implementation and management of paperless processes for cheque truncation systems, operates as business correspondents, and develops the National Skills Registry. Further services include Recordxpert.com (a web-based health and wellness portal for medical record digitization), GST billing solutions (including GST Filing, Invoice Generation, and Accounting software), online GST registration, kiosk banking services, and National Insurance Policy Repository services for electronic storage of insurance policies.
Promoter holding in Alankit Ltd remained stable at 54.15% as of March 2025, indicating strong promoter commitment. The company adheres to robust corporate governance practices and maintains transparency through regular disclosures and compliance with regulatory requirements.
Alankit Limited continues to strengthen its position as a leading player in the e-governance and financial services sectors, leveraging technology and strategic partnerships to deliver comprehensive solutions to its diverse customer base across India and international markets.