Price
Financials
Consolidated, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.66 | 8.54 | 8.29 | 8.57 | 8.02 | 8.55 | 7.48 | 8.42 | 7.89 | 7.86 | 7.07 | 10.46 |
| Expenses | 7.12 | 9.23 | 8.18 | 8.15 | 8.41 | 10.14 | 7.64 | 9.86 | 7.47 | 7.98 | 6.98 | 12.34 |
| Operating Profit | 0.54 | -0.69 | 0.11 | 0.42 | -0.39 | -1.59 | -0.16 | -1.44 | 0.42 | -0.12 | 0.09 | -1.88 |
| OPM % | 7.05% | -8.08% | 1.33% | 4.90% | -4.86% | -18.60% | -2.14% | -17.10% | 5.32% | -1.53% | 1.27% | -17.97% |
| Other Income | 0.05 | -0.03 | 0.17 | 0.18 | 0.16 | 0.59 | 0.10 | 0.12 | 0.09 | 0.04 | -0.08 | 0.27 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.03 | 0.04 | 0.03 | 0.12 |
| Depreciation | 0.09 | -0.08 | 0.05 | 0.16 | 0.06 | 0.06 | 0.05 | 0.09 | 0.05 | 0.07 | 0.04 | 2.18 |
| Profit before tax | 0.50 | -0.64 | 0.23 | 0.44 | -0.29 | -1.06 | -0.11 | -1.47 | 0.43 | -0.19 | -0.06 | -3.91 |
| Tax % | 4.00% | 51.56% | 4.35% | 20.45% | 6.90% | -1.89% | 0.00% | 0.00% | 2.33% | -26.32% | -16.67% | 27.37% |
| Net Profit | 0.49 | -0.98 | 0.22 | 0.35 | -0.32 | -1.04 | -0.11 | -1.46 | 0.42 | -0.15 | -0.05 | -4.97 |
| EPS in Rs | 1.34 | -2.67 | 0.58 | 0.97 | -0.92 | -2.84 | -0.33 | -4.07 | 1.17 | -0.42 | -0.14 | -13.84 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.49 | 7.20 | 7.80 | 11.34 | 10.75 | 12.91 | 16.20 | 16.86 | 17.32 | 15.90 | 15.75 | 17.53 |
| Expenses | 4.13 | 5.36 | 5.49 | 8.46 | 9.75 | 14.21 | 16.32 | 16.31 | 18.49 | 17.50 | 15.45 | 19.29 |
| Operating Profit | 1.36 | 1.84 | 2.31 | 2.88 | 1.00 | -1.30 | -0.12 | 0.55 | -1.17 | -1.60 | 0.30 | -1.76 |
| OPM % | 24.77% | 25.56% | 29.62% | 25.40% | 9.30% | -10.07% | -0.74% | 3.26% | -6.76% | -10.06% | 1.90% | -10.04% |
| Other Income | 0.03 | 0.11 | 0.21 | -0.06 | 0.18 | 0.03 | 0.02 | 0.35 | 0.00 | 0.22 | 0.13 | 0.17 |
| Interest | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.06 | 0.06 | 0.07 | 0.15 |
| Depreciation | 0.06 | 0.17 | 0.30 | 0.35 | 0.25 | 0.22 | 0.01 | 0.21 | 0.13 | 0.13 | 0.11 | 2.22 |
| Profit before tax | 1.33 | 1.76 | 2.20 | 2.45 | 0.91 | -1.52 | -0.14 | 0.67 | -1.36 | -1.57 | 0.25 | -3.96 |
| Tax % | 12.78% | 11.93% | 6.82% | 2.45% | 35.16% | -5.26% | 242.86% | 11.94% | 0.00% | 0.64% | -16.00% | 26.77% |
| Net Profit | 1.15 | 1.55 | 2.06 | 2.39 | 0.59 | -1.44 | -0.49 | 0.59 | -1.36 | -1.58 | 0.28 | -5.02 |
| EPS in Rs | 0.38 | 5.04 | 5.71 | 6.63 | 1.62 | -4.01 | -1.36 | 1.64 | -3.79 | -4.43 | 0.78 | -13.98 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 9% | 2% | 0% | 11% | ||
| Compounded Profit Growth | % | % | % | -1889% | ||
| Stock Price CAGR | % | -8% | 24% | 133% | ||
| Return on Equity | -3% | -10% | -16% | -45% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.05 | 3.08 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 |
| Reserves | 2.47 | 4.23 | 9.90 | 12.34 | 13.25 | 12.18 | 11.67 | 12.52 | 11.38 | 9.85 | 10.24 | 4.72 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.68 | 0.00 | 0.61 | 0.62 | 0.58 | 3.77 |
| Other Liabilities | 0.23 | 1.22 | 5.43 | 1.06 | 0.95 | 3.40 | 2.84 | 2.50 | 3.64 | 5.49 | 4.96 | 6.45 |
| Total Liabilities | 5.75 | 8.53 | 18.92 | 16.99 | 17.79 | 19.17 | 19.78 | 18.61 | 19.22 | 19.55 | 19.37 | 18.53 |
| Fixed Assets | 1.80 | 1.92 | 3.25 | 3.57 | 3.44 | 3.29 | 3.45 | 3.31 | 3.20 | 3.11 | 3.08 | 10.36 |
| CWIP | 0.00 | 0.74 | 1.70 | 2.49 | 4.02 | 5.49 | 6.16 | 8.99 | 8.99 | 8.99 | 9.50 | 0.00 |
| Investments | 0.00 | 0.12 | 0.07 | 0.07 | 0.08 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 3.95 | 5.75 | 13.90 | 10.86 | 10.25 | 10.36 | 10.14 | 6.28 | 7.03 | 7.45 | 6.79 | 8.17 |
| Total Assets | 5.75 | 8.53 | 18.92 | 16.99 | 17.79 | 19.17 | 19.78 | 18.61 | 19.22 | 19.55 | 19.37 | 18.53 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.11 | 1.63 | 6.75 | -4.75 | 0.75 | 3.00 | 0.02 | 1.64 | 0.25 | 0.15 | 0.43 | -4.46 |
| Cash from Investing Activity | -0.13 | -1.45 | -2.60 | -1.43 | -1.57 | -1.57 | -2.61 | -1.73 | -0.36 | 0.14 | -0.51 | 3.97 |
| Cash from Financing Activity | -0.04 | 0.30 | 4.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | -0.06 | 0.48 | 8.64 | -6.18 | -0.81 | 1.43 | -2.59 | -0.09 | -0.10 | 0.28 | -0.07 | -0.49 |
| Free Cash Flow | -0.06 | 0.62 | 4.16 | -6.20 | -0.91 | 1.47 | -0.82 | -1.26 | 0.25 | 0.10 | -0.17 | -4.47 |
| CFO/OP | 21% | 107% | 301% | -154% | 75% | -231% | -167% | 311% | -21% | -9% | 140% | 263% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 209.43 | 212.41 | 156.76 | 183.47 | 178.60 | 100.65 | 79.08 | 45.03 | 42.99 | 57.16 | 47.97 | 114.52 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 209.43 | 212.41 | 156.76 | 183.47 | 178.60 | 100.65 | 79.08 | 45.03 | 42.99 | 57.16 | 47.97 | 114.52 |
| Working Capital Days | 198.12 | 168.31 | -52.41 | 205.67 | 231.22 | 77.47 | 53.62 | 38.53 | 10.96 | -23.64 | -23.17 | 21.86 |
| ROCE % | 26.87% | 27.70% | 21.32% | 16.76% | 5.66% | -8.99% | -0.67% | 4.17% | -8.20% | -10.19% | 2.25% | -28.61% |
| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 48.18% | 48.18% | 53.04% | 53.04% | 54.73% | 54.73% | 54.73% | 54.73% | 54.73% | 54.73% | 65.87% | 71.13% |
| Public | 51.82% | 51.82% | 46.96% | 46.96% | 45.27% | 45.27% | 45.27% | 45.26% | 45.26% | 45.26% | 34.12% | 28.87% |
| No. of Shareholders | 128 | 122 | 120 | 117 | 128 | 135 | 132 | 131 | 136 | 138 | 137 | 144 |
Fundamentals
Market Cap₹ 21.3 Cr.
Current Price₹ 59.4
Book Value₹ 23.1
ROCE-28.6 %
ROE-45.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-1889%
Consolidated figures.
Valuation
Market capRs 21 Cr
Enterprise valueRs 24 Cr
Price to book2.57x
Price to sales1.22x
EV / sales1.38x
Earnings yield-23.55%
P/E, 3-year average28.33x
P/B, 3-year average1.55x
P/E, 5-year average41.55x
P/B, 5-year average1.53x
Profitability
Operating margin (excl. other income)-10.04%
Operating margin (incl. other income)-9.07%
EBITDA margin-9.07%
Pre-tax margin-22.59%
Net profit margin-28.64%
ROE-45.35%
ROCE-28.77%
ROA-26.49%
ROE, 3-year average-18.16%
ROCE, 3-year average-12.24%
ROA, 3-year average-11.08%
ROE, 5-year average-11.90%
ROCE, 5-year average-8.15%
ROA, 5-year average-7.47%
ROIC (approx.)-42.93%
Tax rate-26.77%
Other income / net worth2.05%
Growth
Sales growth (latest year)11.30%
Profit growth (latest year)-1892.86%
Sales CAGR, 3 years0.40%
Sales CAGR, 5 years1.59%
Per share
EPS (TTM)Rs -13.98
EPS (latest year)Rs -13.98
EPS, 3-year averageRs -5.88
EPS, 5-year averageRs -3.95
Book value per shareRs 23.14
Sales per shareRs 48.82
Cash flow per shareRs -12.42
Free cash flow per shareRs -12.45
Efficiency
Asset turnover0.95x
Fixed asset turnover1.69x
Debtor days115 days
Debtors turnover3.19x
Cash conversion cycle115 days
Working capital days22 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 1 Cr
Net debtRs 3 Cr
Debt to equity0.45x
Interest coverage-25.40x
Owners' fund to total sources44.85%
Debt to assets20.35%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Statement figures
Net sales (TTM)Rs 18 Cr
Net sales (latest year)Rs 18 Cr
Operating profit excl. other income (latest year)Rs -2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -2 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs -5 Cr
Net profit (latest year)Rs -5 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 7 Cr
Total expenditure (latest year)Rs 19 Cr
Total income (latest year)Rs 18 Cr
Share capitalRs 4 Cr
ReservesRs 5 Cr
Shareholders' fundsRs 8 Cr
Total assetsRs 19 Cr
Net blockRs 10 Cr
ReceivablesRs 6 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)0.36
Ownership
Promoter holding71.13% (+16.40 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 2.57 is at the 94th percentile (median 1.88).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 540416 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.7% | -2.8% | +1.0 pts |
| 3 years | +85.5% | +14.2% | +71.4 pts |
| 5 years | -32.5% | +27.9% | -60.4 pts |
Red flags
F-score 3 of 8| explain | Receivables outrunning sales Receivables grew 166% vs sales +11% in 2026 |
| explain | Debt up, profit down Borrowings up 550% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹10 Cr +24.2% vs Mar 2024.
Net loss ₹5 Cr.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Octaware Technologies Ltd?
Octaware Technologies Ltd (540416) has a market capitalisation of Rs 21.3 Cr. at the 2026-09-03 close.
What were Octaware Technologies Ltd's latest quarterly results?
In the Mar 2026 quarter, Octaware Technologies Ltd sales was Rs 10 Cr (+24.2% vs Mar 2024) with a net loss of Rs 5 Cr.