MarketFriction

Orchasp Ltd

NSE ORCHASP · BSE 532271 · Computers - Software & Consulting
₹1.28 -3.03%
NSE close2026-10-01
52 week range1.25 - 4.16
Market cap₹46.8 Cr.
P/E59.2
Price band 20% Delivery 75.3%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3.503.423.503.484.596.017.017.757.544.351.612.08
Expenses2.903.034.043.0819.365.534.017.057.264.125.682.42
Operating Profit0.600.39-0.540.40-14.770.483.000.700.280.23-4.07-0.34
OPM %17.14%11.40%-15.43%11.49%-321.79%7.99%42.80%9.03%3.71%5.29%-252.80%-16.35%
Other Income0.030.030.720.030.460.030.030.030.030.033.860.63
Interest0.160.160.160.150.000.000.000.000.000.000.000.00
Depreciation0.010.010.010.010.010.010.010.010.010.010.010.01
Profit before tax0.460.250.010.27-14.320.503.020.720.300.25-0.220.28
Tax %26.09%-12.00%0.00%14.81%-0.28%0.00%0.00%25.00%33.33%20.00%-150.00%0.00%
Net Profit0.340.270.010.23-14.280.503.020.540.210.190.110.28
EPS in Rs0.030.020.000.01-0.450.020.090.020.010.010.000.01
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales13.5053.49104.6760.4482.598.1837.2923.4613.2521.0821.2615.58
Expenses17.5049.00100.7855.3280.078.2237.1927.0512.5131.9624.0919.48
Operating Profit-4.004.493.895.122.52-0.040.10-3.590.74-10.88-2.83-3.90
OPM %-29.63%8.39%3.72%8.47%3.05%-0.49%0.27%-15.30%5.58%-51.61%-13.31%-25.03%
Other Income-59.700.000.013.690.201.140.774.920.800.543.944.55
Interest0.000.000.021.260.660.650.660.790.680.150.020.00
Depreciation3.582.100.770.150.140.100.060.060.040.030.040.04
Profit before tax-67.282.393.117.401.920.350.150.480.82-10.521.050.61
Tax %-0.10%2.93%-22.51%16.22%12.50%37.14%60.00%27.08%17.07%0.10%0.95%
Net Profit-67.212.323.816.211.680.210.060.350.68-10.521.050.79
EPS in Rs-9.280.320.470.630.170.020.010.030.05-0.330.030.03
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 Growth5%21%-3%-39%
Compounded Profit Growth8%38%44%108%
Stock Price CAGR5%-14%-20%-50%
Return on Equity0%-2%-3%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital72.4472.4414.4916.1119.7919.7919.7919.7922.5929.9763.9169.29
Reserves8.57-58.641.647.8476.5578.2380.8080.8678.4178.1148.2552.52
Borrowings0.320.325.635.584.552.460.0020.6020.9715.1515.667.33
Other Liabilities14.1915.2823.569.1115.1223.5629.1324.1553.0955.9973.55102.90
Total Liabilities95.5229.4045.3238.64116.01124.04129.72145.40175.06179.22201.37232.04
Fixed Assets29.814.702.661.960.380.240.170.110.060.090.130.11
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.010.010.010.0068.2568.2568.2568.2668.2668.2668.2668.28
Other Assets65.7024.6942.6536.6847.3855.5561.3077.03106.74110.87132.98163.65
Total Assets95.5229.4045.3238.64116.01124.04129.72145.40175.06179.22201.37232.04
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity28.421.55-2.24-2.47-2.121.68-3.59-12.020.430.31-15.58-4.20
Cash from Investing Activity-27.150.00-0.07-0.06-63.450.28-3.18-0.400.090.050.483.92
Cash from Financing Activity-1.26-1.412.283.8764.93-2.746.8312.37-0.40-0.0914.960.27
Net Cash Flow0.000.13-0.021.34-0.64-0.780.05-0.050.120.27-0.14-0.01
Free Cash Flow37.681.55-2.31-2.54-0.681.68-3.62-12.020.420.24-15.64-4.22
CFO/OP-223%-39%-37%-66%-41%76%8,750%-12,000%-15%59%143%148%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days747.44627.80272.27109.67261.67230.742,597.84723.741,611.542,962.972,246.272,751.41
Inventory Days0.00
Days Payable
Cash Conversion Cycle747.44627.80272.27109.67261.67230.742,597.84723.741,611.542,962.972,246.272,751.41
Working Capital Days403.62269.8394.5870.93181.41145.441,445.72314.59504.251,080.12751.30910.95
ROCE %-13.79%-15.88%13.32%12.21%9.57%2.56%0.99%0.73%1.04%1.22%-8.26%0.83%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters13.32%24.89%24.89%21.31%21.31%11.62%11.62%11.62%11.62%11.62%18.48%18.48%
FIIs0.00%0.00%0.00%5.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public86.69%75.11%75.12%72.99%78.70%88.38%88.38%88.38%88.37%88.38%81.52%81.52%
No. of Shareholders34,38734,43238,42238,23942,11945,76245,77045,94745,49144,89144,79944,949

Fundamentals

Market Cap₹ 46.8 Cr.
Current Price₹ 1.35
Stock P/E59.2
Book Value₹ 3.52
ROCE0.83 %
ROE0.90 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-39%
Compounded Profit Growth (TTM)108%
Consolidated figures.
Valuation
Market capRs 44 Cr
Enterprise valueRs 51 Cr
P/E (TTM)56.13x
Price to book0.36x
Price to sales2.85x
EV / EBITDA76.66x
EV / EBIT81.53x
EV / sales3.30x
Earnings yield1.78%
P/E, 3-year average79.98x
P/B, 3-year average0.60x
P/E, 5-year average354.36x
P/B, 5-year average0.56x
Profitability
Operating margin (excl. other income)-13.31%
Operating margin (incl. other income)5.22%
EBITDA margin4.30%
Pre-tax margin3.92%
Net profit margin5.07%
Net margin, latest quarter13.46%
ROE0.90%
ROCE0.83%
ROA0.48%
ROE, 3-year average-2.67%
ROCE, 3-year average-2.07%
ROA, 3-year average-1.55%
ROE, 5-year average-1.52%
ROCE, 5-year average-0.89%
ROA, 5-year average-0.88%
ROIC (approx.)0.48%
Tax rate0.95%
Other income / net worth3.23%
Growth
Sales growth (latest year)0.85%
Sales CAGR, 3 years-3.23%
Sales CAGR, 5 years21.05%
Profit CAGR, 3 years44.23%
Profit CAGR, 5 years37.97%
Sales growth QoQ29.19%
Profit growth QoQ154.55%
Sales growth YoY (latest quarter)-73.16%
Profit growth YoY (latest quarter)-48.15%
Per share
EPS (TTM)Rs 0.02
EPS (latest year)Rs 0.03
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs -0.08
EPS, 5-year averageRs -0.04
Book value per shareRs 3.52
Sales per shareRs 0.45
Cash flow per shareRs -0.12
Free cash flow per shareRs -0.12
Efficiency
Asset turnover0.09x
Fixed asset turnover193.27x
Debtor days2751 days
Debtors turnover0.13x
Cash conversion cycle2751 days
Working capital days911 days
Leverage
Total debtRs 7 Cr
Cash and bankRs 0 Cr
Net debtRs 7 Cr
Debt to equity0.06x
Net debt / EBITDA10.48x
Interest coverage31.50x
Owners' fund to total sources52.50%
Debt to assets3.16%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -13 Cr
Statement figures
Net sales (TTM)Rs 16 Cr
Net sales (latest year)Rs 21 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 24 Cr
Total income (latest year)Rs 25 Cr
Share capitalRs 69 Cr
ReservesRs 53 Cr
Shareholders' fundsRs 122 Cr
Total assetsRs 232 Cr
Net blockRs 0 Cr
InvestmentsRs 68 Cr
ReceivablesRs 160 Cr
Other liabilitiesRs 103 Cr
Shares outstanding (crore)34.64
Ownership
Promoter holding18.48% (+6.86 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 56.1 is at the 66th percentile of its own 6.4-year range (median 33.2, low 4.3, high 376.1).
P/B 0.36 is at the 4th percentile (median 1.01).
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.
PeriodORCHASPNifty 50Difference
1 week-5.2%-2.8% -2.4 pts
1 month-8.6%-6.8% -1.8 pts
3 months-32.3%-7.6% -24.7 pts
6 months-38.2%+0.4% -38.6 pts
1 year-50.4%-9.9% -40.5 pts
3 years-51.7%+14.2% -65.9 pts
5 years-55.2%+27.9% -83.1 pts

Red flags

F-score 4 of 8
lookProfit leans on other income Other income was 375% 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

Jun 2026
Sales ₹2 Cr -73.2% vs Jun 2025. Net profit ₹0 Cr -48.1%.
Against our estimate for Jun 2026: sales -55.3%, profit +7.5% in line. Our estimate for Sep 2026: sales Rs 5 Cr, profit Rs 0 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
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.
High low price variation greater than 150perc in previous 12 monthsHigh low price variation greater than 200perc in previous 365 DaysScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Orchasp Ltd?

Orchasp Ltd (ORCHASP) has a market capitalisation of Rs 46.8 Cr. at the 2026-10-01 close.

What is the P/E ratio of Orchasp Ltd?

Orchasp Ltd trades at a P/E of 59.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Orchasp Ltd's latest quarterly results?

In the Jun 2026 quarter, Orchasp Ltd sales was Rs 2 Cr (-73.2% vs Jun 2025) and net profit was Rs 0 Cr.

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

The 52-week high is Rs 4.16 and the 52-week low is Rs 1.25.

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