Newly listed or thinly covered: fundamentals appear here once there is enough reported history. Prices and market cap are up to date.
Share price
₹786.9 latest close · −10.7% over the last 90 sessions
1-year volatility 49.0%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-36.4% (2026-05 peak to 2026-10 low, not yet recovered)
-15.4% (2026-02 peak to 2026-03 low, recovered 2026-04)
Most recent volume spikes
2026-11-05: 7.5x the 50-day median, price -3.1% that day
2026-11-04: 83.2x the 50-day median, price +14.0% that day
2026-10-22: 14.7x the 50-day median, price -4.3% that day
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
- ROCE42nd
- Op. margin45th
- Debt/equity ↓45th
- Cash cycle ↓50th
- P/E ↓26th
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 120.0x, the price would imply about 37.9%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“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
- ₹786.90
- P/E
- 37.3x
- ROCE
- 13.0%
- Market Cap
- ₹13702 cr
- Revenue (TTM)
- ₹3450 cr
- P/S
- 4.0x
- P/B
- 4.3x
- ROE
- 11.5%
- Operating Margin
- 13.0%
- Debt / Equity
- 0.1x
- Promoter Holding
- 17.0%
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance18%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 18.2%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate23%Within range
Median quarterly effective tax rate over about 2.5 years: 22.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion2.13xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 2.13x (cash from operations ₹966 cr, net profit ₹453 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow3 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 3. 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 progress5% of fixed assetsWithin range
Capital work-in-progress is 5% 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 changed?
5 events since Apr '26
- NovPriceVolume reached 83.2x its 50-day median on 2026-11-04; price +14.0% that day.
- OctPriceFell 36% from the May 2026 peak to the Oct 2026 low.
- SepPeer rankSlipped to the 3rd quartile of Technology Services on operating margin (from the 2nd quartile).
- JunPeer rankMoved into the 2nd quartile of Technology Services on operating margin (from the 3rd quartile).
- AprPriceVolume reached 5.9x its 50-day median on 2026-04-23; price +6.1% that day.
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 history10 months · 2026-02 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 37.3x | ₹3450 cr | 11.5% | 13.0% | 0.1x |
| 2026-10 | 35.5x | ₹3450 cr | 11.5% | 13.0% | 0.1x |
| 2026-09 | 35.1x | ₹3450 cr | 11.5% | 13.0% | 0.1x |
| 2026-08 | 43.6x | ₹3298 cr | 10.3% | 13.0% | 0.1x |
| 2026-07 | 41.6x | ₹3298 cr | 10.3% | 13.0% | 0.1x |
| 2026-06 | 45.4x | ₹3298 cr | 10.3% | 13.0% | 0.1x |
| 2026-05 | 59.8x | ₹3170 cr | 14.8% | 14.0% | 0.2x |
| 2026-04 | 55.8x | ₹3170 cr | 14.8% | 14.0% | 0.2x |
| 2026-03 | 45.3x | ₹3170 cr | 14.8% | 14.0% | 0.2x |
| 2026-02 | 47.8x | ₹3023 cr | 14.3% | 14.0% | 0.2x |