Results · Government, Defense & Space

Sanlayan turns profitable in FY26 with ₹7.9 Cr net profit

By Startup Enthusiast · 27 August 2026

What they do

Sanlayan develops radar, electronic warfare, avionics and embedded electronics for defence

It posted a consolidated net profit of ₹7.9 Cr in FY26, reversing a ₹2.9 Cr loss in FY25

Operating revenue surged 5.7X to ₹124.7 Cr, driven by acquisitions and government defence orders

Sanlayan Technologies turned profitable in FY26 with a consolidated net profit of ₹7.9 Cr.
In FY25 the company had posted a consolidated net loss of ₹2.9 Cr.
Operating revenue jumped 5.7 times to ₹124.7 Cr from ₹21.7 Cr in FY25.
Total income for FY26 was ₹128.2 Cr, including ₹3.5 Cr of other income.
The company recorded an exceptional gain of ₹9.5 Cr from the sale of an immovable property.
Profit before tax stood at ₹33.8 Cr in FY26, against a loss before minority interest of ₹4.2 Cr in FY25.
Total expenses rose 3.6 times to ₹103.9 Cr, driven by a 5X jump in cost of materials consumed to ₹54.4 Cr.

The Indian government has been pushing for domestic procurement of critical military technologies, including radars and electronic warfare systems.
The sixth Positive Indigenisation List covers 405 defence items with an estimated procurement value of ₹3,070 Cr.
Over 15,700 defence items were indigenised in the five years ended March 2026, and defence PSUs placed orders worth ~₹10,000 Cr with domestic vendors.
Operation Sindoor in 2025 sharpened the focus on domestic drones, electronic warfare systems and layered air-defence technologies.

Sanlayan develops electronic systems for defence, including radar, electronic warfare, avionics, RF systems and embedded electronics.
Its product portfolio includes radar systems, RF front ends, antenna array units, digital signal-processing systems and radar data-processing systems.
The company is developing electronic warfare capabilities such as jamming, spoofing and counter-UAS (detect, track and neutralise drones).
In January 2025 it acquired a majority stake in Dexcel Electronics, a firm with over 20 years in aerospace, defence and space.
Dexcel has contributed to Jaguar and Sukhoi upgrades and ISRO programmes.
In October 2025 Sanlayan acquired a strategic stake in Versabyte Data Systems, which had FY25 revenue of ₹67 Cr and net profit of ₹16.5 Cr.
Versabyte's order book at the time of the transaction was ₹210 Cr.
Goodwill on Sanlayan's books increased to ₹100.5 Cr at end of FY26 from ₹16.9 Cr a year earlier.

Product: Advanced electronic systems including radar, electronic warfare, and mission-critical avionics.
Customers: Defense forces, government agencies, aerospace companies, and public/private defense manufacturers.
How it makes money: Designs, develops, and manufactures advanced electronic systems and radar for defense and aerospace applications.
What sets it apart: Leverages in-house R&D and strategic acquisitions, like Dexcel Electronics, to develop indigenous, mission-critical defense systems.