Share price
₹21.2 latest close · −69.1% over the last 90 sessions
₹21.2 month-end · −78.5% over 12 months
₹21.2 month-end · −90.0% since Feb '24
52-week range ₹20.95 to ₹125.20 · 1-year volatility 64.7%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-92.4% (2024-04 peak to 2026-11 low, not yet recovered)
-32.6% (2024-02 peak to 2024-03 low, recovered 2024-04)
-23.0% (2024-02 peak to 2024-02 low, recovered 2024-02)
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
- ROCE26th▲ 13 pts vs a year ago
- Revenue growth3rd▼ 35 pts vs a year ago
- EPS growth1st▼ 4 pts vs a year ago
- Debt/equity ↓19th▲ 13 pts vs a year ago
- Cash cycle ↓2nd▼ 36 pts vs a year ago
- P/E ↓8th▼ 69 pts vs a year ago
- 12M momentum1st▼ 73 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?
Trailing earnings per share are negative, so a P/E-based figure does not exist. See the loss-makers list on the Expectations Gap page for a revenue-based version.
“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 4 Nov
- ₹21.20
- ROCE
- 6.1%
- Market Cap
- ₹7 cr
- Revenue (TTM)
- ₹25 cr
- P/S
- 0.3x
- P/B
- 0.8x
- ROE
- -1.6%
- Debt / Equity
- 0.5x
- Promoter Holding
- 29.5%
- 12M Momentum
- -78.5%
52-week range
Price risk
Balance sheet & cash
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 conversion—Not enough data
Not enough reported data to compute this.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+14 daysWithin range
Debtor days are above the median of the previous three fiscal years by 14 days (107 vs 93). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress1376% of fixed assetsBeyond threshold
Capital work-in-progress is 1376% 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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like DOCMODE HEALTH TECH LTD today on valuation, return on capital, debt, growth, price momentum and size.
- Over the following 12 months the middle half of them returned −21% to +42% vs the market, against −6% for all non-financial companies in the same months.
- The gap against the base rate (+3.1%, 80% range −7.3% to +11.1%) 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 · 4 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 30 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| AKSHAR Process Industries |
Apr 2024 | — | -4% | −57% | −64% | −65% |
| GLOBALE Process Industries |
Aug 2025 | — | -1% | −79% | −81% | −21% |
| JAIPURKURT Consumer Non-Durables |
Apr 2024 | 611x | 7% | −45% | −52% | +2% |
| TVVISION Consumer Services |
Oct 2025 | — | — | −67% | −80% | −57% |
| FMNL Transportation |
May 2022 | — | -2% | −68% | −76% | −14% |
Show the other 3 matches
How reliable is this?
Matched on P/S, ROCE, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high and size. Closest on: interest cover, 12-month momentum and drawdown from 12-month high. Not used (unavailable for this company): P/E, operating margin and volatility. This company is loss-making, so it was only compared with loss-making companies. 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?
11 events since Mar '24
- NovPriceFell 92% from the Apr 2024 peak to the Nov 2026 low.
- JulPeer rankMoved into the 3rd quartile of Technology Services on ROCE (from the bottom quartile).
- DecPromoterPromoter holding fell 16.6 pts to 30.9%.
- JunResultsEPS (TTM) turned negative.
- JunPeer rankSlipped to the bottom quartile of Technology Services on ROCE (from the 3rd quartile).
- FebDebtDebt / equity halved over 12 months to 0.89x.
- FebSharesShare count is up 37.1% over 12 months.
- JunPeer rankSlipped to the 3rd quartile of Technology Services on ROCE (from the top quartile).
Show 3 earlier events
- JunDebtDebt / equity fell below 1.0x (0.89x).
- AprPriceRegained the 2024-02 peak, 1 month after the low.
- MarPriceFell 33% from the Feb 2024 peak to the Mar 2024 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 history34 months · 2024-02 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | — | ₹25 cr | -1.6% | 6.1% | 0.5x |
| 2026-10 | — | ₹25 cr | -1.6% | 6.1% | 0.5x |
| 2026-09 | — | ₹25 cr | -1.6% | 6.1% | 0.5x |
| 2026-08 | — | ₹25 cr | -1.6% | 6.1% | 0.5x |
| 2026-07 | — | ₹25 cr | -1.6% | 6.1% | 0.5x |
| 2026-06 | — | ₹25 cr | -1.6% | 6.1% | 0.5x |
| 2026-05 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2026-04 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2026-03 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2026-02 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2026-01 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-12 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-11 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-10 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-09 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-08 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-07 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-06 | — | ₹42 cr | -24.4% | -0.3% | 0.8x |
| 2025-05 | 116.8x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2025-04 | 89.3x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2025-03 | 82.5x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2025-02 | 79.2x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2025-01 | 129.4x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-12 | 147.3x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-11 | 169.8x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-10 | 136.3x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-09 | 196.3x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-08 | 207.7x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-07 | 158.8x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-06 | 210.0x | ₹40 cr | 1.8% | 12.7% | 0.9x |
| 2024-05 | 23.9x | ₹33 cr | 56.3% | 42.0% | 2.4x |
| 2024-04 | 31.9x | ₹33 cr | 56.3% | 42.0% | 2.4x |
| 2024-03 | 25.1x | ₹33 cr | 56.3% | 42.0% | 2.4x |
| 2024-02 | 25.0x | ₹33 cr | 56.3% | 42.0% | 2.4x |