Price
Financials
Consolidated, Rs crore| Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 22 | 30 | 27 | 30 | 29 | 38 | 45 | 45 |
| Expenses | 13 | 16 | 20 | 19 | 20 | 20 | 24 | 26 | 30 |
| Operating Profit | 3 | 6 | 9 | 8 | 9 | 8 | 14 | 19 | 15 |
| OPM % | 19% | 29% | 32% | 30% | 32% | 30% | 38% | 42% | 33% |
| Other Income | 1 | -1 | 2 | 2 | 2 | 3 | 4 | 3 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 5 | 12 | 9 | 12 | 11 | 18 | 22 | 18 |
| Tax % | 0% | 15% | 16% | 14% | 24% | 16% | 20% | 15% | 23% |
| Net Profit | 3 | 4 | 10 | 8 | 9 | 10 | 14 | 18 | 14 |
| EPS in Rs | 1.29 | 16.15 | 6.56 | 5.55 | 5.99 | 6.61 | 9.56 | 12.48 | 9.25 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 14 | 23 | 33 | 52 | 57 | 67 | 90 |
| Expenses | 11 | 16 | 25 | 36 | 39 | 44 | 56 |
| Operating Profit | 3 | 7 | 8 | 16 | 18 | 23 | 34 |
| OPM % | 22% | 29% | 23% | 30% | 31% | 34% | 38% |
| Other Income | 0 | 1 | 1 | 1 | 4 | 7 | 6 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 7 | 8 | 17 | 21 | 29 | 39 |
| Tax % | 14% | 16% | 16% | 16% | 20% | 18% | 19% |
| Net Profit | 3 | 6 | 7 | 14 | 17 | 24 | 32 |
| EPS in Rs | 45.82 | 2.10 | 2.53 | 9.54 | 11.54 | 16.18 | 21.73 |
| Dividend Payout % | 109% | 0% | 0% | 0% | 0% | 0% | 32% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 31% | 20% | 35% | ||
| Compounded Profit Growth | % | 40% | 30% | 52% | ||
| Stock Price CAGR | % | % | -3% | 0% | ||
| Return on Equity | % | 26% | 24% | 25% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.55 | 3 | 3 | 15 | 15 | 15 | 15 |
| Reserves | 4 | 8 | 15 | 47 | 64 | 88 | 121 |
| Borrowings | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Other Liabilities | 3 | 5 | 5 | 7 | 8 | 10 | 15 |
| Total Liabilities | 7 | 15 | 22 | 69 | 86 | 112 | 150 |
| Fixed Assets | 1 | 1 | 2 | 3 | 4 | 5 | 5 |
| CWIP | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Investments | 4 | 10 | 11 | 15 | 57 | 60 | 103 |
| Other Assets | 2 | 4 | 9 | 50 | 24 | 47 | 43 |
| Total Assets | 7 | 15 | 22 | 69 | 86 | 112 | 150 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | 7 | 3 | 5 | 9 | 12 | 34 |
| Cash from Investing Activity | -3 | -6 | -1 | -7 | -40 | 2 | -41 |
| Cash from Financing Activity | -1 | -0 | 1 | 32 | -0 | 1 | 3 |
| Net Cash Flow | 0 | 1 | 3 | 30 | -31 | 16 | -4 |
| Free Cash Flow | 3 | 7 | 2 | 2 | 7 | 12 | 33 |
| CFO/OP | 138% | 128% | 64% | 49% | 73% | 77% | 121% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 3 | 45 | 69 | 84 | 48 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 0 | 0 | 3 | 45 | 69 | 84 | 48 |
| Working Capital Days | -50 | -53 | -21 | 44 | 71 | 89 | 38 |
| ROCE % | 90% | 56% | 41% | 28% | 29% | 32% |
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 71.96% | 71.96% | 71.96% | 72.04% | 72.07% | 72.13% | 72.17% |
| FIIs | 3.32% | 0.22% | 0.22% | 0.20% | 0.21% | 0.20% | 0.47% |
| DIIs | 2.66% | 1.68% | 1.42% | 0.97% | 1.21% | 1.50% | 1.69% |
| Public | 22.07% | 26.15% | 26.40% | 26.79% | 26.51% | 26.17% | 25.67% |
| No. of Shareholders | 551 | 956 | 3,210 | 3,568 | 3,072 | 2,990 | 2,637 |
Fundamentals
Market Cap₹ 327 Cr.
Current Price₹ 223
Stock P/E10.8
Book Value₹ 92.4
ROCE31.8 %
ROE25.5 %
Dividend Yield3.14 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)35%
Compounded Profit Growth (TTM)52%
Consolidated figures.
Valuation
Market capRs 322 Cr
Enterprise valueRs 286 Cr
P/E (TTM)22.99x
Price to book5.22x
Price to sales6.15x
EV / EBITDA16.59x
EV / EBIT17.13x
EV / sales5.47x
Price to cash flow62.71x
Earnings yield4.35%
P/E, 3-year average13.92x
P/B, 3-year average3.16x
Profitability
Operating margin (excl. other income)30.38%
Operating margin (incl. other income)32.98%
EBITDA margin32.98%
Pre-tax margin31.87%
Net profit margin26.73%
ROE35.38%
ROCE41.84%
ROA30.48%
ROE, 3-year average53.01%
ROCE, 3-year average63.86%
ROA, 3-year average38.83%
ROIC (approx.)53.16%
Tax rate16.13%
Other income / net worth2.21%
Growth
Sales growth (latest year)60.11%
Profit growth (latest year)104.53%
Sales CAGR, 3 years54.18%
Profit CAGR, 3 years77.07%
Per share
EPS (TTM)Rs 9.54
EPS (latest year)Rs 9.54
EPS, 3-year averageRs 11.04
Book value per shareRs 42.03
Sales per shareRs 35.68
Cash flow per shareRs 3.50
Free cash flow per shareRs 22.50
Efficiency
Asset turnover0.75x
Fixed asset turnover20.37x
Debtor days45 days
Debtors turnover8.09x
Cash conversion cycle48 days
Working capital days38 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 36 Cr
Net debtRs -35 Cr
Debt to equity0.01x
Net debt / EBITDA-2.04x
Interest coverage418.00x
Owners' fund to total sources88.82%
Debt to assets0.89%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs 32 Cr
Net Cash Flow (latest year)Rs 30 Cr
Free cash flow (latest year)Rs 33 Cr
FCFE (approx.: FCF + change in debt)Rs 33 Cr
Cash from ops / profit, 5 years0.67x
Sales to cash flow10.20x
Statement figures
Net sales (TTM)Rs 52 Cr
Net sales (latest year)Rs 52 Cr
Operating profit excl. other income (latest year)Rs 16 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 17 Cr
PBDT (TTM)Rs 17 Cr
Profit before tax (TTM)Rs 17 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 14 Cr
Net profit (latest year)Rs 14 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 36 Cr
Total income (latest year)Rs 54 Cr
Share capitalRs 15 Cr
ReservesRs 47 Cr
Shareholders' fundsRs 62 Cr
Total assetsRs 69 Cr
Net blockRs 3 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 15 Cr
ReceivablesRs 6 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)1.47
Ownership
Promoter holding72.17% (+0.21 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 23.0 is at the 2th percentile of its own 3.4-year range
(median 62.8, low 22.6, high 208.2).
P/B 5.22 is at the 2th percentile (median 32.54).
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.
| Period | SYSTANGO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.4% | -2.8% | +0.4 pts |
| 1 month | -0.4% | -6.8% | +6.4 pts |
| 3 months | +0.1% | -7.6% | +7.7 pts |
| 6 months | -5.5% | +0.4% | -5.9 pts |
| 1 year | -2.9% | -9.9% | +7.0 pts |
| 2 years | -14.6% | -13.6% | -1.1 pts |
| 3 years | -11.3% | +14.2% | -25.5 pts |
Red flags
F-score 5 of 8| explain | High accruals Profit exceeded operating cash by 13% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 2713% vs sales +60% in 2026 |
| explain | Share dilution Share count up -46% in a year, 2350% in three |
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 ₹45 Cr +50.0% vs Mar 2024.
Net profit ₹14 Cr +55.6%.
Against our estimate for Mar 2026: sales -16.0%, profit -26.7% miss.
Activity
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|---|---|---|---|
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| Tech Mahindra Ltd | 148,053 | 27.8 | 23.1 % |
| LTM Ltd | 116,750 | 20.8 | 29.6 % |
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| Coforge Ltd | 76,291 | 39.8 | 23.5 % |
| Mphasis Ltd | 41,138 | 21.2 | 22.1 % |
| Hexaware Technologies Ltd | 29,457 | 20.8 | 30.1 % |
| Tata Elxsi Ltd | 20,011 | 28.4 | 30.0 % |
| KPIT Technologies Ltd | 14,247 | 22.8 | 26.3 % |
| IDream Film Infrastructure Company Ltd | 13,309 | % | |
| Fractal Analytics Ltd | 13,076 | 39.4 | 12.6 % |
| ASM Technologies Ltd | 10,020 | 137 | 27.0 % |
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.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded
Quick answers
What is the market cap of Systango Technologies Ltd?
Systango Technologies Ltd (SYSTANGO) has a market capitalisation of Rs 327 Cr. at the 2026-10-01 close.
What is the P/E ratio of Systango Technologies Ltd?
Systango Technologies Ltd trades at a P/E of 10.8 on trailing twelve-month profit, at the 2026-10-01 close.
What were Systango Technologies Ltd's latest quarterly results?
In the Mar 2026 quarter, Systango Technologies Ltd sales was Rs 45 Cr (+50.0% vs Mar 2024) and net profit was Rs 14 Cr.
What is the 52-week high and low of Systango Technologies Ltd?
The 52-week high is Rs 411.00 and the 52-week low is Rs 202.55.