3C IT Solutions and Telecoms (India) Ltd
3C IT Solutions enters strategic alliance with Cybernara for cybersecurity services
JV / MOU
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 30 Mar 2026, 06:04 PM IST · BSE ID: 02723090-cd91-42c1-81ae-04926c1c5d9b
View Original BSE Filing (PDF)
💡
In Simple Terms
3C IT Solutions partnered with a cybersecurity firm to jointly win and deliver IT security projects in India, splitting revenue 50-50 with no upfront payment.
🤖 AI Summary
- Board approved Strategic Alliance with Cybernara for cybersecurity, cloud and allied services.
- Co-branded model '3CITSCybernara' — 3C IT is prime contractor, Cybernara is delivery partner.
- Revenue shared equally between parties on project-specific basis; no upfront consideration.
- Exclusive collaboration for in-scope services; domestic arrangement with project-specific Statements of Work.
- No joint venture entity formed; arrangement is strategic alliance only.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue sharing ratio
50-50 (equal split unless otherwise agreed)
Upfront consideration
Nil
🏢 How This Affects the Company
Alliance expands 3C IT's service portfolio into cybersecurity and cloud security, enabling pursuit of larger, higher-value opportunities through co-branded delivery model. Project-specific structure allows scaling without fixed overhead.
No upfront consideration outlay. Revenue model is 50-50 project-based split with Cybernara; actual earnings impact depends on project wins and commercial terms executed under Statements of Work.
3C IT retains client-facing and contracting role; outsources delivery and execution to Cybernara, reducing internal delivery resource requirements and enabling service expansion without proportional headcount increase.
Revenue dependency on Cybernara's execution capability and partnership performance. Exclusive collaboration clause may limit 3C IT's ability to partner with other cybersecurity vendors in scope services.
👥 What This Means For Shareholders
✅
Action Required
No action required. This is informational disclosure of Board-approved strategic partnership.
👤
Who Is Affected
All shareholders equally. Partnership structure is domestic and does not involve equity issuance, stake dilution, or related-party transaction.
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Management Signal
Management is pursuing service diversification into high-margin cybersecurity domain via asset-light partnership model rather than organic capability build.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — check for revenue recognition from '3CITSCybernara' projects.
Project-specific Statements of Work execution — track first client wins and project start dates.
Follow-up Board filing — watch for disclosure of agreed commercial terms and exclusivity scope details.
MEDIUM RISK
Revenue dependency on partner execution quality. Exclusive collaboration clause may limit future flexibility. No joint venture provides less control over service delivery standards.
💡 Investor Takeaway
Board approved Strategic Alliance with Cybernara for cybersecurity services under co-branded '3CITSCybernara' model. No upfront consideration. Revenue split 50-50 on project basis. 3C IT retains client contracting role; Cybernara handles delivery. Exclusive collaboration for in-scope services. Materialisation depends on project wins.
⚖️ Strengths & Concerns
✅ Positives
- Alliance structure allows revenue expansion with zero upfront capital commitment or balance sheet impact.
- 3C IT retains client relationship and contracting control while leveraging Cybernara's delivery expertise in cybersecurity domain.
⚠️ Concerns
- 50-50 revenue share means 3C IT nets only 50% of project value despite holding client relationship and contracting role.
- Exclusive collaboration clause limits flexibility to partner with other cybersecurity providers if Cybernara underperforms or cannot execute.