Share price
₹124.79 latest close · −11.6% over the last 90 sessions
₹124.79 month-end · −12.9% over 12 months
₹124.79 month-end · −20.7% over 3 years
₹124.79 month-end · +266.8% since Jan '19
52-week range ₹92.63 to ₹179.26 · 1-year volatility 42.9%
Was the rally earned?
Mostly earnings.
- Per-share earnings took off 10 points, while the multiple moved less (P/E 12.5x to 12.1x).
- The share count fell 2%.
Earnings helped, the multiple did not.
- Per-share earnings added 27 points, but investors now pay less per rupee of profit (P/E 20.6x to 12.1x), which took 47 points back.
- The share count rose 6%.
- The share price was roughly flat over 5 years (-0%).
- The share count rose 11%.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-63.3% (2022-01 peak to 2023-03 low, recovered 2024-08)
-62.1% (2024-09 peak to 2026-03 low, not yet recovered)
-59.2% (2019-09 peak to 2020-03 low, recovered 2020-09)
Is it expensive against its own past and its peers?
Usual range 9.9x to 24.2x since 2019-01.
42% below the Technology Services median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
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
- ROCE55th▼ 5 pts vs a year ago
- Op. margin33rdflat vs a year ago
- Revenue growth30th▼ 12 pts vs a year ago
- EPS growth24th▼ 55 pts vs a year ago
- Debt/equity ↓65th▼ 5 pts vs a year ago
- Cash cycle ↓70th▼ 9 pts vs a year ago
- P/E ↓81st▼ 11 pts vs a year ago
- 12M momentum63rd▲ 22 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
What is the price implying?
At a P/E of 14.5x, the price would imply about 9.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Below the ₹1,000 cr market-cap floor used for the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Technology Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹124.79
- P/E
- 12.1x
- ROCE
- 17.0%
- Market Cap
- ₹381 cr
- Revenue (TTM)
- ₹247 cr
- P/S
- 1.5x
- P/B
- 1.8x
- ROE
- 14.8%
- Operating Margin
- 8.3%
- Debt / Equity
- 0.0x
- Promoter Holding
- 38.0%
- 12M Momentum
- -12.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance64%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 64.4%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate25%Within range
Median quarterly effective tax rate over about 2.5 years: 24.9%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.99xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 0.99x (cash from operations ₹87 cr, net profit ₹88 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+18 daysNear threshold
Debtor days are above the median of the previous three fiscal years by 18 days (53 vs 35). Bands: under 15 days, 15 to 45, over 45.
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 3 years, promoters added 2.0 pts.
- The number of shareholders rose from 30,593 to 35,795 (+17%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
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 happened next to similar setups
- We found 50 past situations where a non-financial company looked like CYBERTECH SYSTEMS AND SOFTWARE today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −23% to +44% vs the market, against +1% for all non-financial companies in the same months.
- The gap against the base rate (+1.3%, 80% range −8.3% to +9.0%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 32 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| BHAGERIA Process Industries |
Mar 2022 | 16x | 18% | +41% | −29% | −45% |
| MAZDA Producer Manufacturing |
Aug 2021 | 15x | 16% | +55% | −18% | −7% |
| LINCOLN Health Technology |
Apr 2024 | 17x | 22% | +54% | −18% | −8% |
| TVTODAY Consumer Services |
Jul 2022 | 9x | 22% | −5% | −36% | −36% |
| PPAP Producer Manufacturing |
Apr 2020 | 7x | 17% | −43% | −46% | −27% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| KSL Non-Energy Minerals |
May 2020 | 5x | 20% | −36% | −46% | +50% |
| PLASTIBLEN Process Industries |
Apr 2021 | 16x | 16% | +58% | −16% | −19% |
| GOLDIAM Consumer Durables |
Jun 2020 | 5x | 15% | −18% | −40% | +168% |
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and ROCE. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What changed?
30 events since Aug '19
- SepPeer rankSlipped to the bottom quartile of Technology Services on EPS growth (from the 3rd quartile).
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankMoved into the 3rd quartile of Technology Services on operating margin (from the bottom quartile).
- MarPriceFell 62% from the Sep 2024 peak to the Mar 2026 low.
- MarPeer rankSlipped to the bottom quartile of Technology Services on operating margin (from the 3rd quartile).
- FebValuationP/E fell below the 10th percentile of its own history to date (9.7x).
- DecPeer rankSlipped to the 2nd quartile of Technology Services on EPS growth (from the top quartile).
- JunPeer rankMoved into the top quartile of Technology Services on EPS growth (from the 2nd quartile).
Show 22 earlier events
- MarPeer rankMoved into the 2nd quartile of Technology Services on EPS growth (from the 3rd quartile).
- SepResultsYear-on-year EPS growth turned positive.
- AugPriceRegained the 2022-01 peak, 17 months after the low.
- AugValuationP/E crossed above the 90th percentile of its own history to date (30.5x).
- JunResultsRevenue (TTM) reached a new high of ₹222 cr.
- JunSharesShare count is up 10.7% over 12 months.
- JunResultsRevenue (TTM) reached a new high of ₹176 cr.
- MarPriceFell 63% from the Jan 2022 peak to the Mar 2023 low.
- OctPeer rankMoved into the 3rd quartile of Technology Services on EPS growth (from the bottom quartile).
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the bottom quartile of Technology Services on EPS growth (from the top quartile).
- DecPriceRegained the 2021-07 peak, 1 month after the low.
- NovPriceFell 31% from the Jul 2021 peak to the Nov 2021 low.
- JulPriceRegained the 2020-12 peak, 6 months after the low.
- JunResultsRevenue (TTM) reached a new high of ₹118 cr.
- JanPriceFell 33% from the Dec 2020 peak to the Jan 2021 low.
- SepPriceRegained the 2019-09 peak, 6 months after the low.
- JunResultsRevenue (TTM) reached a new high of ₹113 cr.
- JunPeer rankMoved into the 2nd quartile of Technology Services on ROCE (from the 3rd quartile).
- MarPriceFell 59% from the Sep 2019 peak to the Mar 2020 low.
- SepPriceRegained the 2019-07 peak, 1 month after the low.
- AugPriceFell 30% from the Jul 2019 peak to the Aug 2019 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 | 12.1x | ₹247 cr | 14.8% | 17.0% | 0.0x |
| 2026-10 | 11.9x | ₹247 cr | 15.0% | 17.0% | 0.0x |
| 2026-09 | 13.5x | ₹247 cr | 15.0% | 17.0% | 0.0x |
| 2026-08 | 13.2x | ₹237 cr | 14.4% | 17.0% | 0.0x |
| 2026-07 | 14.0x | ₹237 cr | 14.4% | 17.0% | 0.0x |
| 2026-06 | 14.6x | ₹237 cr | 14.4% | 17.0% | 0.0x |
| 2026-05 | 12.9x | ₹236 cr | 13.3% | 19.0% | 0.0x |
| 2026-04 | 11.6x | ₹236 cr | 13.3% | 19.0% | 0.0x |
| 2026-03 | 9.1x | ₹236 cr | 13.3% | 19.0% | 0.0x |
| 2026-02 | 9.7x | ₹237 cr | 14.3% | 19.0% | 0.0x |
| 2026-01 | 11.0x | ₹237 cr | 14.3% | 19.0% | 0.0x |
| 2025-12 | 12.3x | ₹237 cr | 14.3% | 19.0% | 0.0x |
| 2025-11 | 12.5x | ₹236 cr | 14.4% | 19.0% | 0.0x |
| 2025-10 | 14.2x | ₹236 cr | 14.4% | 19.0% | 0.0x |
| 2025-09 | 16.9x | ₹236 cr | 14.4% | 19.0% | 0.0x |
| 2025-08 | 12.1x | ₹236 cr | 14.1% | 19.0% | 0.0x |
| 2025-07 | 11.8x | ₹236 cr | 14.1% | 19.0% | 0.0x |
| 2025-06 | 12.6x | ₹236 cr | 14.1% | 19.0% | 0.0x |
| 2025-05 | 13.1x | ₹231 cr | 14.9% | 17.0% | 0.0x |
| 2025-04 | 12.2x | ₹231 cr | 14.9% | 17.0% | 0.0x |
| 2025-03 | 12.4x | ₹231 cr | 14.9% | 17.0% | 0.0x |
| 2025-02 | 14.7x | ₹227 cr | 13.2% | 17.0% | 0.0x |
| 2025-01 | 19.4x | ₹227 cr | 13.2% | 17.0% | 0.0x |
| 2024-12 | 20.8x | ₹227 cr | 13.2% | 17.0% | 0.0x |
| 2024-11 | 23.9x | ₹224 cr | 11.4% | 17.0% | 0.0x |
| 2024-10 | 24.4x | ₹224 cr | 11.4% | 17.0% | 0.0x |
| 2024-09 | 25.6x | ₹224 cr | 11.4% | 17.0% | 0.0x |
| 2024-08 | 30.5x | ₹222 cr | 10.6% | 17.0% | 0.0x |
| 2024-07 | 22.7x | ₹222 cr | 10.6% | 17.0% | 0.0x |
| 2024-06 | 21.6x | ₹222 cr | 10.6% | 17.0% | 0.0x |
| 2024-05 | 16.8x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2024-04 | 19.1x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2024-03 | 15.9x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2024-02 | 18.7x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2024-01 | 21.7x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-12 | 23.0x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-11 | 20.6x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-10 | 17.6x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-09 | 16.1x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-08 | 14.7x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-07 | 15.0x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-06 | 15.7x | ₹176 cr | 13.8% | 21.0% | 0.0x |
| 2023-05 | 14.3x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2023-04 | 13.8x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2023-03 | 10.9x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2023-02 | 13.4x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2023-01 | 14.5x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-12 | 14.4x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-11 | 13.9x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-10 | 14.7x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-09 | 15.2x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-08 | 18.4x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-07 | 17.3x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-06 | 14.4x | ₹139 cr | 16.7% | 23.0% | 0.0x |
| 2022-05 | 14.9x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2022-04 | 17.5x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2022-03 | 17.2x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2022-02 | 16.5x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2022-01 | 19.7x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-12 | 22.3x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-11 | 14.3x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-10 | 16.6x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-09 | 16.1x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-08 | 16.5x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-07 | 19.4x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-06 | 15.7x | ₹118 cr | 20.9% | 20.0% | 0.1x |
| 2021-05 | 26.7x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2021-04 | 23.3x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2021-03 | 22.1x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2021-02 | 22.9x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2021-01 | 22.1x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-12 | 30.2x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-11 | 14.4x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-10 | 14.1x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-09 | 11.1x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-08 | 9.2x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-07 | 8.7x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-06 | 7.6x | ₹113 cr | 13.7% | 18.0% | 0.1x |
| 2020-05 | 8.1x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2020-04 | 7.8x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2020-03 | 6.7x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2020-02 | 9.8x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2020-01 | 10.8x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-12 | 10.8x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-11 | 11.0x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-10 | 11.4x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-09 | 11.9x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-08 | 11.2x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-07 | 10.0x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-06 | 9.6x | ₹97 cr | 11.9% | 13.0% | 0.2x |
| 2019-05 | 36.7x | ₹87 cr | 4.2% | 6.0% | 0.1x |
| 2019-04 | 32.8x | ₹87 cr | 4.2% | 6.0% | 0.1x |
| 2019-03 | 33.3x | ₹87 cr | 4.2% | 6.0% | 0.1x |
| 2019-02 | 30.2x | ₹87 cr | 4.2% | 6.0% | 0.1x |
| 2019-01 | 29.3x | ₹87 cr | 4.2% | 6.0% | 0.1x |