Price
Financials
Consolidated, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1.42 | 0.13 | 0.84 | 3.91 | 5.76 | 8.05 | 7.46 | 8.30 |
| Expenses | 0.65 | 1.21 | 1.89 | 4.60 | 6.72 | 6.95 | 7.68 | 7.59 |
| Operating Profit | 0.77 | -1.08 | -1.05 | -0.69 | -0.96 | 1.10 | -0.22 | 0.71 |
| OPM % | 54.23% | -830.77% | -125.00% | -17.65% | -16.67% | 13.66% | -2.95% | 8.55% |
| Other Income | 0.38 | 0.02 | -0.00 | 0.09 | 0.05 | 0.38 | 0.01 | 0.09 |
| Interest | -0.00 | -0.00 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | 0.01 |
| Depreciation | -0.00 | -0.00 | -0.00 | 0.02 | 0.05 | 0.04 | 0.03 | 0.03 |
| Profit before tax | 1.15 | -1.06 | -1.06 | -0.63 | -0.97 | 1.44 | -0.24 | 0.76 |
| Tax % | 21.74% | -44.34% | -0.00% | 9.52% | -0.00% | -26.39% | -54.17% | 22.37% |
| Net Profit | 0.66 | -0.58 | -1.06 | -0.69 | -0.96 | 1.82 | -0.11 | 0.59 |
| EPS in Rs | 30.46 | -1.95 | -2.83 | -2.06 | -1.23 | 2.46 | 0.27 | 0.88 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 0.13 | 1.56 | 2.44 | 1.55 | 4.76 | 13.81 | 15.76 |
| Expenses | 1.89 | 1.88 | 2.04 | 1.86 | 6.50 | 13.67 | 15.27 |
| Operating Profit | -1.76 | -0.32 | 0.40 | -0.31 | -1.74 | 0.14 | 0.49 |
| OPM % | -1,353.85% | -20.51% | 16.39% | -20.00% | -36.55% | 1.01% | 3.11% |
| Other Income | 0.30 | 0.04 | 0.66 | 0.34 | 0.09 | 0.43 | 0.11 |
| Interest | -0.00 | -0.00 | -0.00 | 0.01 | 0.02 | 0.01 | 0.02 |
| Depreciation | 0.01 | 0.01 | -0.00 | -0.00 | 0.02 | 0.09 | 0.06 |
| Profit before tax | -1.47 | -0.29 | 1.06 | 0.02 | -1.69 | 0.47 | 0.52 |
| Tax % | -23.13% | -10.34% | 0.94% | -2,350.00% | 3.55% | -80.85% | 7.69% |
| Net Profit | -1.13 | -0.05 | 1.05 | 0.50 | -1.75 | 0.85 | 0.48 |
| EPS in Rs | -52.15 | -2.31 | 40.15 | 1.85 | -4.89 | 1.20 | 1.16 |
| Dividend Payout % | -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 | % | 59% | 117% | 14% | ||
| Compounded Profit Growth | % | 51% | 16% | -4% | ||
| Stock Price CAGR | % | % | 104% | 471% | ||
| Return on Equity | % | -2% | -7% | 7% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.22 | 0.22 | 0.22 | 2.97 | 4.07 | 4.07 | 4.07 |
| Reserves | 1.98 | 2.01 | 2.02 | 0.06 | 1.74 | 1.47 | 3.56 |
| Borrowings | 0.01 | 0.65 | 0.16 | 0.06 | 0.38 | 1.46 | 1.85 |
| Other Liabilities | 1.09 | 0.26 | 0.42 | 0.35 | 1.47 | 1.31 | 0.88 |
| Total Liabilities | 3.30 | 3.14 | 2.82 | 3.44 | 7.66 | 8.31 | 10.36 |
| Fixed Assets | 0.04 | 0.02 | 0.02 | 0.02 | 0.19 | 0.19 | 0.15 |
| CWIP | -0.00 | -0.00 | -0.00 | 0.01 | -0.00 | -0.00 | -0.00 |
| Investments | 0.10 | 0.09 | 0.15 | 0.01 | 1.68 | 1.21 | 1.37 |
| Other Assets | 3.16 | 3.03 | 2.65 | 3.40 | 5.79 | 6.91 | 8.84 |
| Total Assets | 3.30 | 3.14 | 2.82 | 3.44 | 7.66 | 8.31 | 10.36 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1.40 | -1.63 | 0.17 | 0.75 | -2.77 | -2.51 | 0.12 |
| Cash from Investing Activity | -0.09 | 0.39 | -0.05 | 0.13 | -1.83 | 0.87 | -0.15 |
| Cash from Financing Activity | 2.77 | 0.63 | -0.49 | -0.10 | 5.04 | 1.08 | 1.85 |
| Net Cash Flow | 1.28 | -0.61 | -0.37 | 0.78 | 0.44 | -0.56 | 1.82 |
| Free Cash Flow | -1.41 | -1.63 | 0.17 | 0.74 | -2.95 | -2.52 | 0.11 |
| CFO/OP | 81% | 509% | 42% | -229% | 157% | -1,793% | 24% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 1,628.46 | 271.41 | 281.23 | 211.94 | 26.84 | 9.51 | 9.03 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 1,628.46 | 271.41 | 281.23 | 211.94 | 26.84 | 9.51 | 9.03 |
| Working Capital Days | -814.23 | 250.35 | 270.76 | 280.23 | 104.29 | 49.95 | 53.27 |
| ROCE % | -12.40% | 14.44% | -7.56% | -35.31% | 7.07% | 6.55% |
| Apr 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | May 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.23% | 71.23% | 71.53% | 71.53% | 72.56% | 72.56% | 72.56% | 65.58% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 12.87% |
| Public | 28.75% | 28.77% | 28.47% | 28.47% | 27.44% | 27.45% | 27.44% | 21.54% |
| No. of Shareholders | 250 | 218 | 244 | 268 | 240 | 237 | 208 | 201 |
Fundamentals
Market Cap₹ 597 Cr.
Current Price₹ 801
Stock P/E1,271
Book Value₹ 18.8
ROCE6.55 %
ROE7.14 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)-4%
Consolidated figures.
Valuation
Market capRs 621 Cr
Enterprise valueRs 620 Cr
P/E (TTM)1129.73x
Price to book205.07x
Price to sales400.87x
EV / EBITDA20673.06x
EV / EBIT20673.06x
EV / sales400.12x
Price to cash flow828.47x
Earnings yield0.09%
Profitability
Operating margin (excl. other income)-20.00%
Operating margin (incl. other income)1.94%
EBITDA margin1.94%
Pre-tax margin1.29%
Net profit margin35.48%
ROE20.87%
ROCE1.09%
ROA17.57%
ROE, 3-year average19.18%
ROCE, 3-year average9.95%
ROA, 3-year average15.07%
ROIC (approx.)39.30%
Tax rate-2350.00%
Other income / net worth11.22%
Growth
Sales growth (latest year)-36.48%
Profit growth (latest year)-36.78%
Sales CAGR, 3 years128.45%
Per share
EPS (TTM)Rs 0.74
EPS (latest year)Rs 1.85
EPS, 3-year averageRs 13.23
Book value per shareRs 4.06
Sales per shareRs 2.08
Cash flow per shareRs 1.01
Free cash flow per shareRs 0.15
Efficiency
Asset turnover0.45x
Fixed asset turnover77.50x
Debtor days212 days
Debtors turnover1.72x
Cash conversion cycle9 days
Working capital days53 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Debt to equity0.02x
Net debt / EBITDA-38.67x
Interest coverage3.00x
Owners' fund to total sources88.08%
Debt to assets1.74%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 0 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years-3.75x
Sales to cash flow2.07x
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 3 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 3 Cr
Net blockRs 0 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)0.75
Ownership
Promoter holding65.58% (-5.95 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 543897 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +16.1% | -2.8% | +18.8 pts |
| 1 month | +59.0% | -6.8% | +65.8 pts |
| 3 months | +241.8% | -7.6% | +249.4 pts |
| 3 years | +786.1% | +14.2% | +771.9 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -52% of net profit over the last 3 years |
| explain | Share dilution Share count up 1400% in a year, 1400% in three |
| look | Profit leans on other income Other income was 1700% of pre-tax profit 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 ₹8 Cr +112.3% vs Mar 2024.
Net profit ₹1 Cr +185.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| L&T Technology Services Ltd | 32,692 | 24.3 | 26.7 % |
| Inventurus Knowledge Solutions Ltd | 30,546 | 40.0 | 31.5 % |
| Tata Technologies Ltd | 27,886 | 42.8 | 20.9 % |
| Netweb Technologies India Ltd | 27,423 | 105 | 37.5 % |
| Affle 3i Ltd | 21,151 | 44.3 | 16.8 % |
| Sagility Ltd | 19,914 | 19.4 | 13.4 % |
| ESDS Software Solution Ltd | 18,624 | 151 | 30.2 % |
| Black Box Ltd | 14,435 | 50.5 | 21.6 % |
| E2E Networks Ltd | 13,399 | 430 | -0.51 % |
| Amagi Media Labs Ltd | 12,412 | 122 | 8.02 % |
| Cyient Ltd | 11,730 | 28.8 | 12.3 % |
| eMudhra Ltd | 5,189 | 45.1 | 15.7 % |
| Datamatics Global Services Ltd | 4,855 | 19.1 | 20.4 % |
| R Systems International Ltd | 3,509 | 16.7 | 19.5 % |
| BLS E-Services Ltd | 2,922 | 50.3 | 16.4 % |
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 Sancode Technologies Ltd?
Sancode Technologies Ltd (543897) has a market capitalisation of Rs 597 Cr. at the 2026-10-01 close.
What is the P/E ratio of Sancode Technologies Ltd?
Sancode Technologies Ltd trades at a P/E of 1,271 on trailing twelve-month profit, at the 2026-10-01 close.
What were Sancode Technologies Ltd's latest quarterly results?
In the Mar 2026 quarter, Sancode Technologies Ltd sales was Rs 8 Cr (+112.3% vs Mar 2024) and net profit was Rs 1 Cr.