Share price
₹1,643.3 latest close · +37.2% over the last 90 sessions
₹1,643.3 month-end · +18.7% over 12 months
₹1,643.3 month-end · +185.8% over 3 years
₹1,643.3 month-end · +359.0% since Jan '19
52-week range ₹1033.25 to ₹1967.40 · 1-year volatility 39.3%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-53.2% (2019-04 peak to 2020-03 low, recovered 2020-09)
-43.3% (2021-07 peak to 2022-05 low, recovered 2023-02)
-40.2% (2024-12 peak to 2025-04 low, not yet recovered)
Where does it rank among Technology Services peers?
Each cell is the company's percentile rank among its Technology Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE87th▲ 5 pts vs a year ago
- Op. margin53rd▲ 19 pts vs a year ago
- Revenue growth53rd▲ 10 pts vs a year ago
- EPS growth60th▲ 29 pts vs a year ago
- Debt/equity ↓71st▲ 16 pts vs a year ago
- Cash cycle ↓46th▼ 16 pts vs a year ago
- P/E ↓64th▼ 18 pts vs a year ago
- 12M momentum87th▲ 20 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Technology Services sector page Watch it move against Technology Services in the Observatory
Key figures
52-week range
Price risk
Are profits backed by cash?
Other income reliance—Not enough data
Not enough reported data to compute this.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion0.84xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 0.84x (cash from operations ₹446 cr, net profit ₹534 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow5 of 5 yrsWithin range
Fiscal years with positive free cash flow in the last 5: 5. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history—Not enough data
Not enough reported data to compute this.
Capital work in progress0% of fixed assetsWithin range
Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 2 years, promoters added 20.6 pts; DIIs added 10.6 pts; FIIs added 3.5 pts.
- The number of shareholders rose from 17,065 to 28,953 (+70%) between Jun 2023 and Mar 2025.
Holdings, Mar '25
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What changed?
30 events since Mar '21
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankMoved into the 2nd quartile of Technology Services on EPS growth (from the bottom quartile).
- JunDividendDividend payout cut from 5% to 0% of profit.
- MayValuationP/E crossed above the 90th percentile of its own history to date (28.1x).
- AprPriceFell 40% from the Dec 2024 peak to the Apr 2025 low.
- MarPromoterPromoter holding rose 32.6 pts to 55.3%.
- MarPeer rankMoved into the 2nd quartile of Technology Services on operating margin (from the 3rd quartile).
- DecPromoterPromoter holding fell 10.1 pts to 22.7%.
Show 22 earlier events
- DecInstitutionsFII + DII holding rose 5.5 pts over 2 quarters to 11.6%.
- SepResultsYear-on-year EPS growth turned negative.
- SepValuationP/E crossed above the 90th percentile of its own history to date (29.0x).
- SepPeer rankSlipped to the bottom quartile of Technology Services on EPS growth (from the 3rd quartile).
- JunPeer rankSlipped to the 3rd quartile of Technology Services on operating margin (from the 2nd quartile).
- MarPeer rankMoved into the 2nd quartile of Technology Services on operating margin (from the 3rd quartile).
- DecResultsRevenue (TTM) reached a new high of ₹1,745 cr.
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankMoved into the top quartile of Technology Services on ROCE (from the 2nd quartile).
- FebPriceRegained the 2021-07 peak, 9 months after the low.
- FebValuationP/E crossed above the 90th percentile of its own history to date (21.5x).
- FebPeer rankSlipped to the bottom quartile of Technology Services on EPS growth (from the 3rd quartile).
- DecPeer rankMoved into the 3rd quartile of Technology Services on EPS growth (from the bottom quartile).
- JunResultsRevenue (TTM) reached a new high of ₹1,242 cr.
- JunPeer rankSlipped to the 2nd quartile of Technology Services on ROCE (from the top quartile).
- MayPriceFell 43% from the Jul 2021 peak to the May 2022 low.
- JanDebtDebt / equity halved over 12 months to 0.12x.
- JunResultsRevenue (TTM) reached a new high of ₹897 cr.
- JunPriceRegained the 2020-10 peak, 3 months after the low.
- JunDebtDebt / equity halved over 12 months to 0.12x.
- JunDividendStarted paying a dividend (payout 7% of profit).
- MarPriceFell 37% from the Oct 2020 peak to the Mar 2021 low.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | — | — | — | — | — |
| 2026-10 | — | — | — | — | — |
| 2026-09 | — | — | — | — | — |
| 2026-08 | — | — | — | — | — |
| 2026-07 | — | — | — | — | — |
| 2026-06 | — | — | — | — | — |
| 2026-05 | — | — | — | — | — |
| 2026-04 | — | — | — | — | — |
| 2026-03 | — | — | — | — | — |
| 2026-02 | — | — | — | — | — |
| 2026-01 | — | — | — | — | — |
| 2025-12 | — | — | — | — | — |
| 2025-11 | — | — | — | — | — |
| 2025-10 | — | — | — | — | — |
| 2025-09 | — | — | — | — | — |
| 2025-08 | 22.4x | ₹2013 cr | 20.8% | 34.0% | 0.0x |
| 2025-07 | 22.7x | ₹2013 cr | 20.8% | 34.0% | 0.0x |
| 2025-06 | 24.7x | ₹2013 cr | 20.8% | 34.0% | 0.0x |
| 2025-05 | 28.1x | ₹1939 cr | 20.9% | 31.0% | 0.1x |
| 2025-04 | 23.7x | ₹1939 cr | 20.9% | 31.0% | 0.1x |
| 2025-03 | 25.8x | ₹1939 cr | 20.9% | 31.0% | 0.1x |
| 2025-02 | 26.1x | ₹1891 cr | 18.7% | 31.0% | 0.1x |
| 2025-01 | 29.3x | ₹1891 cr | 18.7% | 31.0% | 0.1x |
| 2024-12 | 34.3x | ₹1891 cr | 18.7% | 31.0% | 0.1x |
| 2024-11 | 34.6x | ₹1844 cr | 17.8% | 31.0% | 0.1x |
| 2024-10 | 29.3x | ₹1844 cr | 17.8% | 31.0% | 0.1x |
| 2024-09 | 29.0x | ₹1844 cr | 17.8% | 31.0% | 0.1x |
| 2024-08 | 23.0x | ₹1816 cr | 22.5% | 31.0% | 0.1x |
| 2024-07 | 22.7x | ₹1816 cr | 22.5% | 31.0% | 0.1x |
| 2024-06 | 22.6x | ₹1816 cr | 22.5% | 31.0% | 0.1x |
| 2024-05 | 19.4x | ₹1785 cr | 31.9% | 38.0% | 0.1x |
| 2024-04 | 19.8x | ₹1785 cr | 31.9% | 38.0% | 0.1x |
| 2024-03 | 18.6x | ₹1785 cr | 31.9% | 38.0% | 0.1x |
| 2024-02 | 15.8x | ₹1745 cr | 31.7% | 38.0% | 0.1x |
| 2024-01 | 15.1x | ₹1745 cr | 31.7% | 38.0% | 0.1x |
| 2023-12 | 15.9x | ₹1745 cr | 31.7% | 38.0% | 0.1x |
| 2023-11 | 19.1x | ₹1648 cr | 28.5% | 38.0% | 0.1x |
| 2023-10 | 17.3x | ₹1648 cr | 28.5% | 38.0% | 0.1x |
| 2023-09 | 13.1x | ₹1648 cr | 28.5% | 38.0% | 0.1x |
| 2023-08 | 13.4x | ₹1648 cr | 28.5% | 38.0% | 0.1x |
| 2023-07 | 13.0x | ₹1648 cr | 28.5% | 38.0% | 0.1x |
| 2023-06 | 14.2x | ₹1648 cr | 28.5% | 38.0% | 0.1x |
| 2023-05 | 25.3x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2023-04 | 26.4x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2023-03 | 22.7x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2023-02 | 21.5x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2023-01 | 18.5x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-12 | 16.2x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-11 | 16.2x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-10 | 19.1x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-09 | 17.0x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-08 | 17.6x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-07 | 15.4x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-06 | 14.2x | ₹1242 cr | 20.0% | 26.0% | 0.2x |
| 2022-05 | 12.2x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2022-04 | 11.7x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2022-03 | 11.4x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2022-02 | 13.5x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2022-01 | 13.4x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-12 | 14.4x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-11 | 15.7x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-10 | 15.7x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-09 | 16.3x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-08 | 14.4x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-07 | 15.2x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-06 | 17.0x | ₹897 cr | 28.2% | 36.0% | 0.1x |
| 2021-05 | 9.8x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2021-04 | 9.1x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2021-03 | 7.2x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2021-02 | 8.0x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2021-01 | 8.5x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-12 | 8.9x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-11 | 9.6x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-10 | 10.5x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-09 | 9.5x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-08 | 6.8x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-07 | 6.2x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-06 | 6.3x | ₹872 cr | 45.7% | 45.0% | 0.5x |
| 2020-05 | 5.6x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2020-04 | 4.9x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2020-03 | 3.5x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2020-02 | 4.8x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2020-01 | 5.0x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-12 | 5.4x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-11 | 6.0x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-10 | 5.6x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-09 | 6.3x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-08 | 5.6x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-07 | 5.1x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-06 | 5.9x | ₹816 cr | 97.4% | 86.0% | 0.5x |
| 2019-05 | 26.9x | ₹693 cr | 457.1% | 41.0% | 18.7x |
| 2019-04 | 29.8x | ₹693 cr | 457.1% | 41.0% | 18.7x |
| 2019-03 | 26.9x | ₹693 cr | 457.1% | 41.0% | 18.7x |
| 2019-02 | 26.1x | ₹693 cr | 457.1% | 41.0% | 18.7x |
| 2019-01 | 29.5x | ₹693 cr | 457.1% | 41.0% | 18.7x |