Synopsis: RNIT AI Solutions secured a ₹3.52 crore work order from the Andhra Pradesh Technical Education Board to develop and implement an online Academic and NCVET monitoring system, including deployment and three years of maintenance.
This penny AI stock, engaged in delivering advanced enterprise-level technology solutions, including artificial intelligence, facial recognition systems, Internet of Things (IoT) platforms, data analytics, and comprehensive digital transformation services, jumped 9.29 percent after receiving a work order worth Rs. 3.52 crore from the Government of Andhra Pradesh.
With a market capitalization of Rs. 431.55 crores, the share of RNIT AI Solutions Limited has reached an intraday high of Rs. 59.90 per equity share, rising nearly 9.29 percent from its previous day’s close price of Rs. 54.81. Since then, the stock has retreated and is currently trading at Rs. 57.70 per equity share.
Reason Behind the Surge
Company has received a new work order from the State Board of Technical Education and Training, Andhra Pradesh. The project involves developing and implementing an online software application to monitor Academic and NCVET activities. It includes complete system development, deployment, integration, and post-implementation support.
The project is valued at Rs. 352 lakhs (Rs. 3.52 crore), is fully domestic and will be completed in two phases, three months for development and implementation, followed by three years of Operations and Maintenance services. This marks an important milestone for RNIT as it expands its digital AI solutions within the education and vocational training sector.
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Company Overview
RNIT AI Solutions Limited was originally founded in 1985 as Autopal Industries Limited and is headquartered in Hyderabad, India. The company began its journey manufacturing automotive lamps and lighting products. In early 2025, it underwent a major rebranding to shift its focus toward cutting-edge technology solutions, particularly artificial intelligence and digital transformation.
Today, RNIT AI Solutions operates at the forefront of tech innovation, specializing in AI-driven products, data analytics, the Internet of Things (IoT), and digital transformation services for businesses and government organizations. Its offerings include customized solutions such as facial recognition systems, education management platforms, health department management tools, and open-source ERP software.
The company’s flagship products include the Real-Time Identification Management System (RIMS), the Education Management System (EMS), and Faceify, an AI-powered HR platform designed for MSMEs. These solutions enhance operational efficiency, security, and digital capability across sectors like education, healthcare, and small-to-medium enterprises.
Recent quarter results
Coming into financial highlights, RNIT AI Solutions Limited’s revenue has increased from Rs. 7.14 crore in Q2 FY25 to Rs. 13.72 crore in Q2 FY26, which has grown by 92.16 percent. The net profit has also grown by 103.13 percent from Rs. 1.60 crore in Q2 FY25 to Rs. 3.25 crore in Q2 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 15.8 percent and 25.1 percent, respectively. RNIT AI Solutions Limited has an earnings per share (EPS) of Rs. 1.19, and its debt-to-equity ratio is 0.13x.
Written By – Nikhil Naik
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