Dynacons Systems and Solutions Ltd

Dynacons Systems & Solutions has been awarded an Enterprise Resource Planning (ERP) implementation project by Jammu & Kashmir Bank, valued at approximately Rs 25 crore, for a contract period of five (5) years. This order marks a significant milestone in Dynacons' expanding footprint in large-scale digital transformation initiatives within the BFSI sector, particularly for public sector and regulated financial institutions. Under this engagement, Dynacons will design, implement, and support a centralized, enterprise-wide ERP platform aimed at modernizing and integrating the Bank's core financial and operational processes. The ERP platform will function as a single system of record, enabling real-time visibility, standardized workflows, and data-driven decision-making across the organization.

The project aims to modernize and integrate the bank's core financial and operational processes. The scope of work includes standardizing and automating business operations, ensuring a single source of truth for organizational data, strengthening decision-making with real-time reporting and analytics, adhering to statutory and regulatory requirements, and supporting future growth through a scalable and flexible system architecture. The project also involves knowledge transfer and capacity building for post-implementation management. The contract has been awarded to a domestic entity and is scheduled to be executed over a five-year period. Dynacons added that neither the promoter nor promoter group has any interest in the bank, and the transaction does not constitute a related-party deal. Dynacons Systems & Solutions provides IT infrastructure solutions. The company provides services nation wide. The company's consolidated net profit jumped 28% to Rs 23.48 crore on 9.5% increase in revenue from operations to Rs 340.59 crore in Q3 FY26 over Q3 FY25. J&K Bank offers banking services under the three major divisions as support services, depository services, and third-party services. The bank reported a 10.4% jump in net profit to Rs 586.73 crore on a 4.2% rise in total income to Rs 3,592.90 crore in Q3 FY26 over Q3 FY25. The scrip rose 0.67% to Rs 116.58 on the BSE.

Dynacons Systems & Solutions has allotted 11,750 equity shares under ESOP on 10 March 2026. With this allotment, the paid up capital of the Company has increased to Rs. 12,73,70,800/- divided into 1,27,37,080 equity shares of face value of Rs. 10/- each. Powered by Capital Market - Live

Dynacons Systems & Solutions will hold a meeting of the Board of Directors of the Company on 10 March 2026.Powered by Capital Market - Live

The five-year domestic contract involves the design and implementation of IT infrastructure, underlying system software and cloud services to support the deployment and hosting of the bank's applications, including its Data Center and Disaster Recovery (DC'DR) environment. Dynacons will oversee the end-to-end execution of the project, ensuring infrastructure readiness and operational management over the contract tenure. The company clarified that neither the promoter nor promoter group entities have any interest in Punjab & Sind Bank. It also stated that the contract does not fall under related party transactions. Dynacons Systems & Solutions provides IT infrastructure solutions. The company provides services nation wide. The company's consolidated net profit jumped 28% to Rs 23.48 crore on 9.5% increase in revenue from operations to Rs 340.59 crore in Q3 FY26 over Q3 FY25. Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments. The bank's standalone net profit jumped 19.3% to Rs 336.42 crore on 8.6% increase in revenue from operations to Rs 3549.27 crore in Q3 FY26 over Q3 FY25. The scrip rose 0.62% to Rs 25.85 on the BSE. Powered by Capital Market - Live

Dynacons Systems & Solutions has secured project for implementation and management of on-premises private cloud infrastructure for 5 years from Punjab & Sind Bank for Rs. 108.88 crore. Dynacons will oversee the design and implementation of the necessary IT infrastructure, underlying system software, and cloud services to support the deployment and hosting of the Bank's applications, including the Data Center and Disaster Recovery (DC-DR) environment. Powered by Capital Market - Live

Dynacons Systems & Solutions announced a strategic collaboration with Cygeniq Inc., US-based Al-native cybersecurity firm, to deliver next-generation AI-driven cyber defense and AI governance solutions across India, Middle East, and the Asia-Pacific region. The collaboration brings together Dynacons' strengths in security technology risk consulting, managed security services, and enterprise-scale delivery with Cygeniq's GenAl-powered cybersecurity platform and AI advisory capabilities. Together, Dynacons and Cygeniq aim to help organizations improve cyber resilience, enhance compliance readiness, and proactively address rapidly evolving digital threats. Powered by Capital Market - Live

Net profit of Dynacons Systems & Solutions rose 28.03% to Rs 23.48 crore in the quarter ended December 2025 as against Rs 18.34 crore during the previous quarter ended December 2024. Sales rose 9.51% to Rs 340.59 crore in the quarter ended December 2025 as against Rs 311.02 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales340.59311.02 10 OPM %11.928.75 - PBDT35.5525.10 42 PBT31.4524.70 27 NP23.4818.34 28 Powered by Capital Market - Live

Dynacons Systems & Solutions will hold a meeting of the Board of Directors of the Company on 14 February 2026.Powered by Capital Market - Live

The contract covers the implementation, maintenance and learning services of the enterprise applications platform (EAP) software at RBI, over a period of 5 years on a consumption-based model. Under this contract, Dynacons Systems would deliver a robust, scalable, and secure EAP solution, integrating software tools from global OEMs including IBM, Elastic, Hazelcast, JFrog, and Process. The project scope spans all RBI Data Centres, Regional Offices, Zonal Training Centres, and subsidiaries such as ReBIT, RBIH, DICGC, and IFTAS. Dynacons Systems & Solutions (DSSL) is an IT infrastructure company providing systems integration, networking solutions, facility management services, security solutions, and software services. The company reported a 24.3% jump in consolidated net profit to Rs 22.67 crore in Q2 FY26, compared with Rs 18.24 crore posted in Q2 FY25. Revenue from operations increased 15% year on year (YoY) to Rs 352.39 crore in Q2 FY26. Powered by Capital Market - Live