MarketFriction

Tracxn Technologies Ltd

NSE TRACXN · BSE 543638 · Data Processing Services
₹31.71 -3.65%
NSE close2026-10-01
52 week range25.39 - 55.90
Market cap₹352 Cr.
IPO 2022 · -60% since Price band 20% Delivery 66.6%

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
Sales21.4921.1420.3220.5421.3921.3921.1421.2021.2521.0420.4921.08
Expenses19.4519.2819.6520.2620.4720.9421.9621.4021.8222.7424.5625.31
Operating Profit2.041.860.670.280.920.45-0.82-0.20-0.57-1.70-4.07-4.23
OPM %9.49%8.80%3.30%1.36%4.30%2.10%-3.88%-0.94%-2.68%-8.08%-19.86%-20.07%
Other Income0.991.081.261.411.411.501.581.681.240.631.311.52
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.040.040.040.020.020.040.040.030.040.050.070.06
Profit before tax2.992.901.891.672.311.910.721.450.63-1.12-2.83-2.77
Tax %27.42%23.10%24.87%23.95%301.30%26.18%1,154.17%22.76%982.54%-26.79%-7.42%8.66%
Net Profit2.172.221.431.27-4.661.42-7.581.12-5.56-0.81-2.63-3.01
EPS in Rs0.210.220.140.12-0.440.13-0.710.10-0.52-0.08-0.25-0.28
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales28333744637883848484
Expenses56556061657578839094
Operating Profit-29-22-22-17-2351-6-11
OPM %-103%-67%-60%-38%-2.5%3.7%6%1.4%-7%-13%
Other Income11-3112-384655
Interest0000000000
Depreciation1110000000
Profit before tax-28-22-54-5-51097-2-6
Tax %0%0%0%0%0%-233%25%244%320%
Net Profit-28-22-54-5-5336-10-8-12
EPS in Rs-251.69-195.61-487.94-48.32-0.483.300.63-0.90-0.74-1.13
Dividend Payout %0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%14%2%-1%
Compounded Profit Growth%%%-11%
Stock Price CAGR%%-23%-34%
Return on Equity%0%-13%-28%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.110.110.110.111010101111
Reserves4324-135211150615542
Borrowings110100000
Other Liabilities913188263338424546
Total Liabilities52385248549711311198
Fixed Assets111000000
CWIP000000000
Investments432741171637689087
Other Assets81010313760452111
Total Assets52385248549711311198
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-15-16-15-61151115-3
Cash from Investing Activity-416-651-16-9-1610
Cash from Financing Activity1902100000-8
Net Cash Flow-01-0-01-12-1-2
Free Cash Flow-16-17-15-60151114-4
CFO/OP51%69%70%35%-158%469%285%1,326%86%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days43424347414637711
Inventory Days
Days Payable
Cash Conversion Cycle43424347414637711
Working Capital Days-51-73-9331-1-17-110-149-151
ROCE %-66%-2%12%13%8%-7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters35.22%34.93%34.87%34.75%34.56%34.29%34.18%33.98%34.39%34.44%34.54%34.63%
FIIs3.93%3.37%2.71%2.43%2.86%3.02%3.16%0.64%0.41%0.84%0.52%0.71%
DIIs17.05%13.36%6.35%6.34%4.86%4.38%4.47%4.61%3.24%3.30%3.44%3.44%
Public43.79%48.35%56.07%56.49%57.72%58.32%58.19%60.78%61.95%61.42%61.50%61.21%
No. of Shareholders35,96154,21086,61387,51290,59187,84384,08882,90281,63477,68575,92573,688

Fundamentals

Market Cap₹ 352 Cr.
Current Price₹ 32.9
Book Value₹ 4.92
ROCE-6.81 %
ROE-27.7 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-11%
Standalone figures.
Valuation
Market capRs 338 Cr
Enterprise valueRs 334 Cr
Price to book5.13x
Price to sales4.03x
EV / sales3.98x
Price to cash flow23.17x
Earnings yield-3.56%
P/E, 3-year average78.32x
P/B, 3-year average10.66x
P/E, 5-year average78.32x
P/B, 5-year average10.66x
Profitability
Operating margin (excl. other income)1.41%
Operating margin (incl. other income)8.39%
EBITDA margin-6.58%
Pre-tax margin-7.26%
Net profit margin-14.32%
Net margin, latest quarter-14.28%
ROE-13.96%
ROCE10.21%
ROA-8.53%
ROE, 3-year average26.13%
ROCE, 3-year average16.50%
ROA, 3-year average13.80%
ROE, 5-year average12.94%
ROCE, 5-year average7.08%
ROA, 5-year average4.26%
ROIC (approx.)13.29%
Tax rate243.89%
Other income / net worth8.97%
Growth
Sales growth (latest year)2.05%
Profit growth (latest year)-246.77%
Sales CAGR, 3 years10.01%
Sales CAGR, 5 years17.74%
Sales growth QoQ2.88%
Sales growth YoY (latest quarter)-0.57%
Profit growth YoY (latest quarter)-368.75%
Per share
EPS (TTM)Rs -1.13
EPS (latest year)Rs -0.90
EPS (latest quarter)Rs -0.28
EPS, 3-year averageRs 1.01
EPS, 5-year averageRs -9.15
Book value per shareRs 6.18
Sales per shareRs 7.88
Cash flow per shareRs 1.37
Free cash flow per shareRs -0.38
Efficiency
Asset turnover0.76x
Fixed asset turnover422.35x
Debtor days7 days
Debtors turnover50.58x
Cash conversion cycle11 days
Working capital days-151 days
Leverage
Cash and bankRs 4 Cr
Net debtRs -4 Cr
Interest coverage-16.40x
Owners' fund to total sources59.42%
Cash flow
Cash from Operating Activity (latest year)Rs 15 Cr
Cash from Investing Activity (latest year)Rs -16 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -4 Cr
Cash from ops / profit, 5 years2.44x
Sales to cash flow5.80x
Statement figures
Net sales (TTM)Rs 84 Cr
Net sales (latest year)Rs 84 Cr
Sales (latest quarter)Rs 21 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs -6 Cr
PBDT (TTM)Rs -6 Cr
Profit before tax (TTM)Rs -6 Cr
Tax (latest year)Rs 16 Cr
Net profit (TTM)Rs -12 Cr
Net profit (latest year)Rs -10 Cr
Net profit (latest quarter)Rs -3 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 83 Cr
Total income (latest year)Rs 90 Cr
Share capitalRs 11 Cr
ReservesRs 55 Cr
Shareholders' fundsRs 66 Cr
Total assetsRs 111 Cr
Net blockRs 0 Cr
InvestmentsRs 90 Cr
ReceivablesRs 2 Cr
Other liabilitiesRs 45 Cr
Shares outstanding (crore)10.65
Ownership
Promoter holding34.63% (+0.65 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 5.13 is at the 14th percentile (median 14.45).
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.
PeriodTRACXNNifty 50Difference
1 week-0.4%-2.8% +2.4 pts
1 month+5.6%-6.8% +12.4 pts
3 months+4.7%-7.6% +12.3 pts
6 months+22.0%+0.4% +21.6 pts
1 year-36.8%-9.9% -26.8 pts
2 years-65.7%-13.6% -52.1 pts
3 years-55.7%+14.2% -69.9 pts
2 mutual fund schemes hold about ₹5 Cr. Over three months 0 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Kotak Pioneer Fund0.09%4 -15%
ICICI Pru Technology Fund0.01%1 -16%

Red flags

F-score 4 of 8
lookProfit leans on other income Other income was 89% 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 ₹21 Cr -0.6% vs Jun 2025. Net loss ₹3 Cr.
Against our estimate for Jun 2026: sales +1.8%, profit -74.3% in line. Our estimate for Sep 2026: sales Rs 21 Cr, profit Rs -3 Cr (how).

Activity

Compare
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No bulk or block deals on record.
Ex-dateActionFactor
2025-07-18Buy Back
DateTypeWhat it says
2026-09-08ESOPAllotment of 30048 securities pursuant to ESOP/ESPS at its meeting held on September 08, 2026
2026-08-27ESOPGrant of 135404 Options.
2026-08-19Shareholder meetingVoting results.
2026-08-17Shareholder meetingProceedings of Annual General Meeting held on August 17, 2026
2026-08-08AllotmentAllotment of 6442 securities pursuant to ESOP/ESPS at its meeting held on August 08, 2026
2026-08-06Concall / analyst meetTranscript
2026-08-05Concall / analyst meetLink of Recording
2026-08-05Investor PresentationInvestor Presentation
2026-08-05Board meeting outcomeTracxn Technologies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-31Concall / analyst meetSchedule of meet
2026-07-23UpdatesCommunication sent to shareholders whose e-mail addresses are not registered with the Company.
2026-07-23Shareholder meetingNotice of Annual General Meeting to be held on August 17, 2026
2026-07-06AllotmentAllotment of 22142 securities pursuant to ESOP/ESPS at its meeting held on July 06, 2026
2026-06-15Disclosure under SEBI TakeovTracxn Technologies Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (S...
2026-06-12Disclosure under SEBI TakeovNeha Singh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquis...
2026-06-05ESOPAllotment of 94197 Shares.
2026-05-29ESOPGrant of 261617 Options.
2026-05-27Concall / analyst meetTranscript
2026-05-25Concall / analyst meetLink of Recording
2026-05-25Board meeting outcomeRe-appointment of M/s. SPR & Co, Chartered Accountants as the Internal Auditor of the Company and Appointment of M/s. M S K C & Associates LLP, Charte...
2026-05-25Board meeting outcomeAppointment of Mr. Akshay Bhushan (DIN: 07213022) as an Additional Director (Non-Executive Independent Director) of the Company, for a term of five (5...
2026-05-25Concall / analyst meetPresentation
2026-05-25Board meeting outcomeOutcome of Board Meeting held on May 25, 2026.
2026-05-25Board meeting outcomeTracxn Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-19Concall / analyst meetSchedule of meet
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.
EPS in the scrip is zero (4 trailing quarters)

Quick answers

What is the market cap of Tracxn Technologies Ltd?

Tracxn Technologies Ltd (TRACXN) has a market capitalisation of Rs 352 Cr. at the 2026-10-01 close.

What were Tracxn Technologies Ltd's latest quarterly results?

In the Jun 2026 quarter, Tracxn Technologies Ltd sales was Rs 21 Cr (-0.6% vs Jun 2025) with a net loss of Rs 3 Cr.

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

The 52-week high is Rs 55.90 and the 52-week low is Rs 25.39.

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