MarketFriction

GACM Technologies Ltd

NSE GATECH · BSE 531723 · Other Financial Services
₹0.65 -4.41%
NSE close2026-10-01
52 week range0.40 - 1.11
Market cap₹110 Cr.
P/E17.5
ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1.851.422.131.573.153.194.145.874.383.504.854.10
Expenses1.290.841.380.912.471.721.782.441.571.452.151.33
Operating Profit0.560.580.750.660.681.472.363.432.812.052.702.77
OPM %30.27%40.85%35.21%42.04%21.59%46.08%57.00%58.43%64.16%58.57%55.67%67.56%
Other Income0.010.000.010.010.010.280.620.220.440.150.260.25
Interest0.120.120.260.160.150.000.000.000.000.000.000.00
Depreciation0.180.170.180.170.170.290.630.621.051.161.391.51
Profit before tax0.270.290.320.340.371.462.353.032.201.041.571.51
Tax %0.00%0.00%0.00%0.00%0.00%0.00%34.89%0.00%0.00%0.00%0.00%0.00%
Net Profit0.270.290.320.350.381.461.533.032.201.031.571.51
EPS in Rs0.000.000.000.000.000.010.010.030.020.010.010.01
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales19.8910.304.2777.381.824.751.299.587.2112.0418.5916.83
Expenses15.038.617.05115.728.4610.9112.799.104.796.867.586.50
Operating Profit4.861.69-2.78-38.34-6.64-6.16-11.500.482.425.1811.0110.33
OPM %24.43%16.41%-65.11%-49.55%-364.84%-129.68%-891.47%5.01%33.56%43.02%59.23%61.38%
Other Income0.000.000.000.000.005.764.500.060.030.921.071.10
Interest0.00-0.03-0.05-0.080.000.000.611.060.630.310.030.00
Depreciation4.311.611.691.671.660.600.470.690.711.264.225.11
Profit before tax0.550.11-4.42-39.93-8.30-1.00-8.08-1.211.114.537.836.32
Tax %30.91%45.45%1.58%2.60%-0.24%0.00%0.00%0.00%0.00%18.10%0.00%
Net Profit0.380.05-4.49-40.97-8.28-1.00-8.08-1.221.103.717.836.31
EPS in Rs0.000.00-0.05-0.44-0.09-0.01-0.09-0.010.010.030.070.05
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-1%31%25%3%
Compounded Profit Growth35%45%103%-1%
Stock Price CAGR-29%-3%-12%3%
Return on Equity%%12%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital22.8122.8128.6328.6328.6328.6328.6328.6328.7139.9479.88129.24
Reserves33.2133.5928.1423.68-17.29-25.57-26.57-34.65-35.40-32.92-30.75-22.93
Borrowings2.921.158.683.400.001.313.8716.7217.207.850.000.00
Other Liabilities1.210.850.360.251.971.493.871.481.842.4010.0517.47
Total Liabilities60.1558.4065.8155.9613.315.869.8012.1812.3517.2759.18123.78
Fixed Assets11.327.185.623.922.250.570.322.171.710.9910.6423.25
CWIP0.000.000.000.000.000.000.000.000.000.002.5023.37
Investments25.2627.9041.4635.794.450.000.000.150.150.1511.9225.92
Other Assets23.5723.3218.7316.256.615.299.489.8610.4916.1334.1251.24
Total Assets60.1558.4065.8155.9613.315.869.8012.1812.3517.2759.18123.78
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1.200.414.221.764.71-2.77-3.05-10.170.18-2.46-5.801.70
Cash from Investing Activity-29.37-2.66-10.090.120.090.060.65-2.18-0.190.03-24.61-50.63
Cash from Financing Activity36.11-1.777.95-5.28-3.401.312.5512.26-0.022.6330.2249.36
Net Cash Flow5.54-4.022.08-3.401.39-1.400.15-0.09-0.030.20-0.190.44
Free Cash Flow-10.450.244.171.764.71-2.77-2.79-12.49-0.04-2.46-19.21-36.00
CFO/OP-20%8%270%-65%-12%42%50%88%38%-102%-109%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.000.000.000.000.000.000.000.0036.58341.71433.82290.00
Inventory Days0.000.000.000.000.00
Days Payable
Cash Conversion Cycle0.000.000.000.000.000.000.000.0036.58341.71433.82290.00
Working Capital Days739.19332.34362.87238.498.44282.77118.34461.2081.53320.45368.0352.23
ROCE %2.93%0.94%0.13%-7.38%-119.34%-105.67%-33.79%-89.84%-1.41%13.71%15.12%10.11%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Aug 2026
Promoters8.27%8.27%8.27%4.14%4.14%4.14%7.38%0.91%0.91%0.91%0.91%0.63%
FIIs0.30%0.30%0.29%0.15%0.15%0.15%0.20%0.20%0.22%0.35%0.35%31.22%
DIIs0.03%0.03%0.03%0.01%0.10%0.10%0.06%0.06%0.06%0.06%0.06%0.05%
Public91.41%91.42%91.42%95.71%95.62%95.62%92.35%98.83%98.81%98.68%98.68%68.11%
No. of Shareholders11,76631,16933,41788,5701,21,5611,42,6461,64,3482,01,1852,07,2852,09,9612,10,8182,10,822

Fundamentals

Market Cap₹ 110 Cr.
Current Price₹ 0.70
Stock P/E17.5
Book Value₹ 0.96
ROCE10.1 %
ROE10.1 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)-1%
Standalone figures.
Valuation
Market capRs 84 Cr
Enterprise valueRs 83 Cr
P/E (TTM)13.31x
Price to book0.79x
Price to sales4.99x
EV / EBITDA7.22x
EV / EBIT13.03x
EV / sales4.92x
Price to cash flow49.42x
Earnings yield7.51%
P/E, 3-year average21.77x
P/B, 3-year average2.84x
P/E, 5-year average21.77x
P/B, 5-year average0.21x
Profitability
Operating margin (excl. other income)59.23%
Operating margin (incl. other income)64.98%
EBITDA margin68.09%
Pre-tax margin37.55%
Net profit margin37.49%
Net margin, latest quarter36.83%
ROE10.07%
ROCE10.11%
ROA8.56%
ROE, 3-year average229.99%
ROCE, 3-year average12.98%
ROA, 3-year average8.56%
ROE, 5-year average223.45%
ROCE, 5-year average-10.46%
ROA, 5-year average-11.56%
ROIC (approx.)6.05%
Other income / net worth1.01%
Growth
Sales growth (latest year)54.40%
Profit growth (latest year)111.05%
Sales CAGR, 3 years24.73%
Sales CAGR, 5 years31.38%
Sales growth QoQ-15.46%
Profit growth QoQ-3.82%
Sales growth YoY (latest quarter)-30.15%
Profit growth YoY (latest quarter)-50.16%
Per share
EPS (TTM)Rs 0.05
EPS (latest year)Rs 0.06
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.04
EPS, 5-year averageRs -0.04
Book value per shareRs 0.82
Sales per shareRs 0.13
Cash flow per shareRs 0.01
Free cash flow per shareRs -0.28
Efficiency
Asset turnover0.15x
Fixed asset turnover0.80x
Debtor days290 days
Debtors turnover1.26x
Cash conversion cycle290 days
Working capital days52 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.11x
Interest coverage211.67x
Owners' fund to total sources85.89%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -51 Cr
Cash from Financing Activity (latest year)Rs 49 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -36 Cr
Cash from ops / profit, 5 years-4.96x
Sales to cash flow10.94x
Statement figures
Net sales (TTM)Rs 17 Cr
Net sales (latest year)Rs 19 Cr
Sales (latest quarter)Rs 4 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 11 Cr
Profit before tax (TTM)Rs 6 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 8 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 8 Cr
Total income (latest year)Rs 20 Cr
Share capitalRs 129 Cr
ReservesRs -23 Cr
Shareholders' fundsRs 106 Cr
Total assetsRs 124 Cr
Net blockRs 23 Cr
Capital work in progressRs 23 Cr
InvestmentsRs 26 Cr
ReceivablesRs 15 Cr
Other liabilitiesRs 17 Cr
Shares outstanding (crore)129.24
Ownership
Promoter holding0.63% (-0.28 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.3 is at the 38th percentile of its own 2.4-year range (median 17.4, low 6.6, high 178.6).
P/B 0.79 is at the 1th percentile (median 12.89).
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.
PeriodGATECHNifty 50Difference
1 week-11.0%-2.8% -8.2 pts
1 month-38.1%-6.8% -31.3 pts
3 months+32.7%-7.6% +40.3 pts
6 months+62.5%+0.4% +62.1 pts
1 year-17.7%-9.9% -7.8 pts
2 years-41.4%-13.6% -27.9 pts
3 years-40.9%+14.2% -55.1 pts
5 years-23.5%+27.9% -51.4 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was -52% of net profit over the last 3 years
lookOn NSE surveillance On NSE surveillance: ESM
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

Jun 2026
Sales ₹4 Cr -30.2% vs Jun 2025. Net profit ₹2 Cr -50.2%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-04-28Rights 51:82 @ Premium Rs 0/-
2024-09-23Annual General Meeting
2024-07-16Rights 1:1 @ Premium Rs 0/-
2023-09-21Annual General Meeting
2021-09-22 Annual General Meeting
2020-12-18 Annual General Meeting
2019-09-23 Annual General Meeting
2018-09-21 Annual General Meeting
2017-09-21 Annual General Meeting
2017-01-10 Bonus 1:40.8000
2016-09-22 Annual General Meeting
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026 along with a copy of minutes.
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.
ESM: stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03