MarketFriction

Ksolves India Ltd

NSE KSOLVES · BSE 543599 · Computers - Software & Consulting
₹241.14 -3.08%
NSE close2026-10-01
52 week range243.00 - 353.99
Market cap₹587 Cr.
P/E16.8
Price band 20% Delivery 50.2%

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
Revenue from operations25.9028.1530.3631.4634.7737.5133.4637.6639.4541.4842.1140.13
Operating costs14.6716.2217.2719.4521.5423.5824.3627.5227.4328.4930.1128.32
EBITDA11.2311.9313.0912.0113.2313.939.1010.1412.0212.9912.0011.81
EBITDA margin %43.36%42.38%43.12%38.18%38.05%37.14%27.20%26.93%30.47%31.32%28.50%29.43%
Depreciation & amortisation0.170.260.280.290.640.500.760.770.790.780.850.86
Finance costs0.000.000.000.000.090.050.140.260.160.210.230.21
Non-operating income0.080.120.070.100.110.080.160.100.140.160.370.65
Pre-tax profit11.1411.7912.8811.8212.6113.468.369.2111.2112.1611.2911.39
Effective tax rate %25.85%25.02%25.70%24.20%26.88%24.44%23.21%28.01%25.42%25.33%20.11%25.46%
Profit after tax8.268.849.588.969.2210.176.426.628.369.089.028.49
Earnings per share (Rs)3.493.734.043.783.894.292.712.793.533.833.803.58
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations22358244577108137161163
Operating costs223571326446289114114
EBITDA0000111203346484749
EBITDA margin %12%4.1%4.1%6%13%45%43%43%43%35%29%30%
Depreciation & amortisation000000001233
Finance costs000000000011
Non-operating income000000110011
Pre-tax profit0000111203346464446
Effective tax rate %32%40%40%27%24%25%24%25%25%25%25%
Profit after tax000018152534353335
Earnings per share (Rs)3.326.5110.4914.4414.6613.9514.74
Paid out as dividend %0%0%0%97%0%74%44%52%68%53%79%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR58%46%28%14%
Profit CAGR74%33%10%8%
Share price CAGR%6%-22%-20%
Average return on equity134%136%144%132%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)000001011276
Capital work in progress000000000000
Investments000001111111
Current & other assets000001152233374854
Total assets000112162334405762
Share capital0.010.010.010.010.020.0211212121212
Reserves & surplus00000111411121017
Total debt0000000000146
Other liabilities & provisions0000013712162127
Equity + liabilities000112162334405762
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow00141020333431
Investing cash flow0-0-1-01-0-2-8-1
Free cash flow (after capex)0014920312729
Financing cash flow0-004-11-18-33-23-33
Net change in cash0-007-12-13-4
Cash conversion (OCF / EBITDA) %113%101%40%64%77%90%95%90%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %253%33%53%114%170%161%143%171%198%157%127%
Receivable days00000537271545669
Inventory days
Payable days
Cash cycle (days)00000537271545669
Working capital days02-13-14-17576962492354
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %58.94%58.94%58.94%58.94%58.94%58.94%58.94%58.94%58.94%58.94%58.92%58.92%
Foreign investors %1.88%1.75%1.87%1.55%0.87%0.78%0.63%0.49%0.10%0.12%0.08%0.01%
Domestic institutions %0.00%0.00%0.08%0.08%0.08%0.08%0.00%0.01%0.01%0.01%0.01%0.01%
Retail & others %39.17%39.31%39.11%39.44%40.10%40.20%40.43%40.57%40.95%40.93%40.98%41.06%
Shareholder count36,05743,57246,30248,87155,28458,58860,59661,85362,19060,94459,26858,234

Fundamentals

Market value₹ 587 Cr.
Last price₹ 247
P/E (trailing)16.8
Book value / share₹ 12.2
Return on capital127 %
Return on equity132 %
Dividend yield4.45 %
Face value₹ 5.00
Revenue CAGR (TTM)14%
Profit CAGR (TTM)8%
Standalone figures.
Valuation
Market capRs 572 Cr
Enterprise valueRs 572 Cr
P/E (TTM)16.38x
Price to book19.80x
Price to sales3.51x
EV / EBITDA11.41x
EV / EBIT12.21x
EV / sales3.51x
Price to cash flow18.72x
Earnings yield6.11%
Dividend yield4.56%
P/E, 3-year average17.14x
P/B, 3-year average25.90x
P/E, 5-year average14.61x
P/B, 5-year average19.09x
Profitability
Operating margin (excl. other income)29.34%
Operating margin (incl. other income)29.82%
EBITDA margin30.73%
Pre-tax margin28.22%
Net profit margin21.42%
Net margin, latest quarter21.16%
ROE131.53%
ROCE127.40%
ROA55.88%
ROE, 3-year average143.91%
ROCE, 3-year average160.58%
ROA, 3-year average73.50%
ROE, 5-year average133.55%
ROCE, 5-year average159.16%
ROA, 5-year average77.40%
ROIC (approx.)123.46%
Tax rate24.60%
Other income / net worth2.63%
Growth
Sales growth (latest year)17.11%
Profit growth (latest year)-4.83%
Sales CAGR, 3 years27.72%
Sales CAGR, 5 years46.40%
Profit CAGR, 3 years9.98%
Profit CAGR, 5 years32.93%
Sales growth QoQ-4.70%
Profit growth QoQ-5.88%
Sales growth YoY (latest quarter)6.56%
Profit growth YoY (latest quarter)28.25%
Per share
EPS (TTM)Rs 14.72
EPS (latest quarter)Rs 3.58
EPS, 3-year averageRs 29.09
EPS, 5-year averageRs 23.05
Book value per shareRs 12.18
Sales per shareRs 68.75
Cash flow per shareRs 12.88
Dividend per share, 3-year averageRs 17.51
Dividend per share, 5-year averageRs 12.94
Dividends
Dividend payout78.87%
Dividend payout, 3-year average66.44%
Dividend payout, 5-year average59.19%
Efficiency
Asset turnover2.61x
Fixed asset turnover27.80x
Debtor days69 days
Debtors turnover5.28x
Leverage
Total debtRs 6 Cr
Cash and bankRs 6 Cr
Net debtRs -0 Cr
Debt to equity0.20x
Net debt / EBITDA-0.01x
Interest coverage57.85x
Owners' fund to total sources47.00%
Debt to assets9.27%
Cash flow
Operating cash flow (latest year)Rs 31 Cr
Investing cash flow (latest year)Rs -1 Cr
Financing cash flow (latest year)Rs -33 Cr
Net change in cash (latest year)Rs -4 Cr
Sales to cash flow5.26x
Statement figures
Net sales (TTM)Rs 163 Cr
Net sales (latest year)Rs 161 Cr
Sales (latest quarter)Rs 40 Cr
Operating profit excl. other income (latest year)Rs 47 Cr
Operating profit (latest quarter)Rs 12 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 50 Cr
PBDT (TTM)Rs 49 Cr
Profit before tax (TTM)Rs 46 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 35 Cr
Net profit (latest year)Rs 33 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 114 Cr
Total income (latest year)Rs 161 Cr
Share capitalRs 12 Cr
ReservesRs 17 Cr
Shareholders' fundsRs 29 Cr
Total assetsRs 62 Cr
Net blockRs 6 Cr
InvestmentsRs 1 Cr
ReceivablesRs 30 Cr
Other liabilitiesRs 27 Cr
Shares outstanding (crore)2.37
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 16.4 is the lowest in its own 5.6-year history (median 34.4, low 16.4, high 354.3).
P/B 19.80 is the lowest in 5.5 years (median 34.87).
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.
PeriodKSOLVESNifty 50Difference
1 week-3.2%-2.8% -0.4 pts
1 month-14.3%-6.8% -7.5 pts
3 months-15.8%-7.6% -8.2 pts
6 months-2.6%+0.4% -3.0 pts
1 year-23.7%-9.9% -13.8 pts
2 years-53.0%-13.6% -39.4 pts
3 years-54.1%+14.2% -68.2 pts
5 years+34.8%+27.9% +6.9 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 44% vs sales +17% 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

Jun 2026
Sales ₹40 Cr +6.6% vs Jun 2025. Net profit ₹8 Cr +28.2%.
Against our estimate for Jun 2026: sales -9.9%, profit -10.5% miss. Our estimate for Sep 2026: sales Rs 46 Cr, profit Rs 10 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-21Interim Dividend - Rs 4 Per Share
2026-01-27Interim Dividend - Rs 5 Per Share
2025-10-23Interim Dividend - Rs 5 Per Share
2025-07-25Interim Dividend - Re 1 Per Share
2025-03-25Interim Dividend - Rs 7.50 Per Share
2025-02-06Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share0.5000
2024-10-28Interim Dividend - Rs 8 Per Share
2024-06-28Interim Dividend - Rs 8 Per Share
2024-03-21Interim Dividend - Rs 5 Per Share
2024-01-25Interim Dividend - Rs 7.50 Per Share
2023-10-26Interim Dividend - Rs 7 Per Share
2023-07-14Annual General Meeting/Dividend - Rs 8 Per Share
2023-03-03Interim Dividend - Rs 3 Per Share
2022-10-27Interim Dividend - Rs 4.50 Per Share
DateTypeWhat it says
2026-09-29Shareholder meetingVoting results.
2026-09-28Order winBagging/Receiving of orders/contracts
2026-09-26General UpdatesGeneral Updates
2026-09-26AppointmentAppointment of Mr Vineet Krishna as Non- Executive Independent Director of the company w.e.f. May 31, 2027.
2026-09-26AppointmentAppointment of Ms Sushma Samarth as Non- Executive Independent Director of the company w.e.f. November 16, 2026.
2026-09-26Shareholder meetingProceedings of undefined held on September 26, 2026
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 26, 2026
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 26, 2026
2026-09-03Board meeting outcomeOutcome of Board Meeting held on September 03, 2026.
2026-07-30Structural Digital DatabaseCertificate for Structured Digital Database for quarter ended June 30, 2026
2026-07-22Concall / analyst meetTranscript
2026-07-21General UpdatesGeneral Updates, Certificate u/r 74.
2026-07-15Concall / analyst meetLink of Recording
2026-07-15Investor PresentationInvestor Presentation
2026-07-15Press ReleaseA press release dated July 15, 2026, titled "Press Release Q1FY27".
2026-07-15Record DateRecord date for the purpose of Dividend is 21-Jul-2026.
2026-07-15Board meeting outcomeKsolves India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-10Concall / analyst meetSchedule of meet
2026-07-09Disclosure under SEBI TakeovKsolves India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substan...
2026-05-06Concall / analyst meetTranscript
2026-05-06General UpdatesGeneral Updates- News Paper publication of financial results.
2026-04-30Concall / analyst meetLink of Recording :https://www.ksolves.com/wp-content/uploads/2026/04/Audio-Transcripts-of-Investor-Call-Q4FY26.mp3
2026-04-30Structural Digital DatabaseCertificate for Structured Digital Database for the quarter ended March 31, 2026
2026-04-30General UpdatesGeneral Updates- Certificate under Reg. 74(5) if SEBI (DP) Regulations, 2018
2026-04-30Investor PresentationInvestor Presentation
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 Ksolves India Ltd?

Ksolves India Ltd (KSOLVES) has a market capitalisation of Rs 587 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ksolves India Ltd?

Ksolves India Ltd trades at a P/E of 16.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ksolves India Ltd's latest quarterly results?

In the Jun 2026 quarter, Ksolves India Ltd sales was Rs 40 Cr (+6.6% vs Jun 2025) and net profit was Rs 8 Cr.

What is the 52-week high and low of Ksolves India Ltd?

The 52-week high is Rs 353.99 and the 52-week low is Rs 243.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03