Price
Financials
Consolidated, Rs crore| Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|
| Sales | 125 | 168 | 134 |
| Expenses | 72 | 65 | 78 |
| Operating Profit | 52 | 103 | 56 |
| OPM % | 42% | 61% | 42% |
| Other Income | 1 | 3 | 2 |
| Interest | 4 | 3 | 3 |
| Depreciation | 15 | 17 | 18 |
| Profit before tax | 35 | 85 | 36 |
| Tax % | 26% | 21% | 20% |
| Net Profit | 26 | 68 | 29 |
| EPS in Rs | 2.56 | 6.71 | 2.92 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 172 | 195 | 208 | 287 | 361 | 472 |
| Expenses | 110 | 140 | 160 | 186 | 206 | 238 |
| Operating Profit | 62 | 55 | 47 | 101 | 155 | 234 |
| OPM % | 36% | 28% | 23% | 35% | 43% | 50% |
| Other Income | 2 | 3 | -0 | 6 | 15 | 8 |
| Interest | 18 | 18 | 26 | 32 | 25 | 12 |
| Depreciation | 37 | 43 | 49 | 53 | 62 | 63 |
| Profit before tax | 9 | -2 | -28 | 22 | 83 | 167 |
| Tax % | 37% | 24% | -19% | 39% | 33% | 28% |
| Net Profit | 5 | -3 | -22 | 14 | 56 | 121 |
| EPS in Rs | 10.51 | -0.30 | -2.42 | 1.35 | 5.54 | 11.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 22% | 32% | 31% | ||
| Compounded Profit Growth | % | 84% | 106% | 115% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 12% | 18% | 25% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 9 | 9 | 9 | 10 | 10 |
| Reserves | 181 | 197 | 201 | 217 | 408 | 534 |
| Borrowings | 116 | 215 | 179 | 259 | 127 | 96 |
| Other Liabilities | 158 | 102 | 111 | 63 | 112 | 1,298 |
| Total Liabilities | 460 | 523 | 501 | 548 | 656 | 1,938 |
| Fixed Assets | 211 | 306 | 208 | 322 | 353 | 388 |
| CWIP | 5 | 0 | 0 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 4 | 5 |
| Other Assets | 244 | 217 | 293 | 225 | 299 | 1,541 |
| Total Assets | 460 | 523 | 501 | 548 | 656 | 1,938 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 49 | 16 | 55 | 57 | 163 | 1,368 |
| Cash from Investing Activity | -57 | -69 | -54 | -1 | -112 | -130 |
| Cash from Financing Activity | 22 | 74 | -19 | -71 | 7 | -45 |
| Net Cash Flow | 14 | 21 | -18 | -15 | 58 | 1,193 |
| Free Cash Flow | -7 | -44 | 19 | 34 | 49 | 1,243 |
| CFO/OP | 71% | 47% | 131% | 49% | 108% | 594% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 99 | 183 | 100 | 154 | 145 | 128 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 99 | 183 | 100 | 154 | 145 | 128 |
| Working Capital Days | -117 | -61 | 50 | 108 | 84 | -806 |
| ROCE % | 4% | 1% | 12% | 21% | 30% |
| Sep 2026 | |
|---|---|
| Promoters | 39.46% |
| FIIs | 1.01% |
| DIIs | 8.50% |
| Public | 49.90% |
| Others | 1.10% |
| No. of Shareholders | 1,80,892 |
Fundamentals
Market Cap₹ 18,624 Cr.
Current Price₹ 1,589
Stock P/E151
Book Value₹
ROCE30.2 %
ROE24.9 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)31%
Compounded Profit Growth (TTM)115%
Consolidated figures.
Valuation
Market capRs 13,132 Cr
Enterprise valueRs 13,297 Cr
Price to book63.84x
Price to sales67.22x
EV / EBITDA227.23x
EV / EBIT854.04x
EV / sales68.07x
Price to cash flow798.80x
Earnings yield-0.02%
Profitability
Operating margin (excl. other income)28.25%
Operating margin (incl. other income)29.95%
EBITDA margin29.95%
Pre-tax margin-1.10%
Net profit margin-1.39%
ROE-1.39%
ROCE4.31%
ROA-0.55%
ROIC (approx.)5.21%
Tax rate-24.19%
Other income / net worth1.62%
Growth
Sales growth (latest year)13.63%
Profit growth (latest year)-149.54%
Per share
EPS (TTM)Rs -0.30
EPS (latest year)Rs -0.30
Book value per shareRs 22.46
Sales per shareRs 21.33
Cash flow per shareRs 1.80
Free cash flow per shareRs 135.74
Efficiency
Asset turnover0.37x
Fixed asset turnover0.64x
Debtor days183 days
Debtors turnover2.00x
Cash conversion cycle128 days
Working capital days-806 days
Leverage
Total debtRs 215 Cr
Cash and bankRs 50 Cr
Net debtRs 165 Cr
Debt to equity1.04x
Net debt / EBITDA2.82x
Interest coverage0.88x
Owners' fund to total sources39.37%
Debt to assets41.10%
Cash flow
Cash from Operating Activity (latest year)Rs 16 Cr
Cash from Investing Activity (latest year)Rs -69 Cr
Cash from Financing Activity (latest year)Rs 74 Cr
Net Cash Flow (latest year)Rs 21 Cr
Free cash flow (latest year)Rs 1,243 Cr
FCFE (approx.: FCF + change in debt)Rs 1,342 Cr
Cash from ops / profit, 5 years9.99x
Sales to cash flow11.88x
Statement figures
Net sales (TTM)Rs 195 Cr
Net sales (latest year)Rs 195 Cr
Operating profit excl. other income (latest year)Rs 55 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 59 Cr
PBDT (TTM)Rs 41 Cr
Profit before tax (TTM)Rs -2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs -3 Cr
Net profit (latest year)Rs -3 Cr
Depreciation (TTM)Rs 43 Cr
Interest (TTM)Rs 18 Cr
Cost of goods sold (latest year)Rs 13 Cr
Total expenditure (latest year)Rs 140 Cr
Total income (latest year)Rs 199 Cr
Share capitalRs 9 Cr
ReservesRs 197 Cr
Shareholders' fundsRs 206 Cr
Total assetsRs 523 Cr
Net blockRs 306 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 98 Cr
Other liabilitiesRs 102 Cr
Shares outstanding (crore)9.16
Ownership
Promoter holding39.46%
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 | ESDS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -22.6% | -2.8% | -19.8 pts |
11 mutual fund schemes hold about ₹129 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal Digital India Fund | 4.73% | 44 | |
| Bandhan Focused Fund | 1.34% | 28 | |
| Bandhan Small Cap Fund | 0.06% | 20 | |
| ITI Large & Mid Cap Fund | 1.24% | 9 | |
| JM Flexi Cap Fund | 0.15% | 8 | |
| ITI Large Cap Fund | 1.37% | 5 | |
| Samco Small Cap Fund | 2.54% | 5 | |
| Motilal Oswal Contra Fund | 0.90% | 4 | |
| ITI Balanced Advantage Fund | 0.57% | 2 | |
| ITI Bharat Consumption Fund | 0.54% | 2 | |
| ITI Business Cycle Fund | 1.72% | 2 |
Red flags
F-score 3 of 8| explain | Receivables outrunning sales Receivables grew 110% vs sales +14% in 2026 |
| explain | Debt up, profit down Borrowings up 85% while net profit fell in 2026 |
| look | Share dilution Share count up 1662% in a year |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
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
No quarterly results published.
Activity
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No bulk or block deals on record.
No corporate actions on record.
| Date | Type | What it says |
|---|---|---|
| 2026-09-29 | Concall / analyst meet | Transcript |
| 2026-09-29 | Credit Rating | Credit Rating |
| 2026-09-24 | Board meeting outcome | ESDS Software Solution Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026. |
| 2026-09-24 | Extension of Annual General | Extension of Annual General Meeting |
| 2026-09-22 | Concall / analyst meet | Schedule of meet |
| 2026-09-17 | Credit Rating | Credit Rating |
| 2026-09-14 | Product launch | Product launch |
| 2026-09-13 | Shareholder meeting | Notice of Postal Ballot |
| 2026-09-09 | Price movement | Significant movement in price has been observed in ESDS Software Solution Limited. The Exchange, in order to ensure that investors have latest relevan... |
| 2026-09-09 | Price movement | Significant movement in price has been observed in ESDS Software Solution Limited. The Exchange, in order to ensure that investors have latest relevan... |
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.
Long Term Additional Surveillance Measure (Long Term ASM): stage 1