Share price
₹188.11 latest close · −18.3% over the last 90 sessions
₹188.11 month-end · −36.0% over 12 months
₹188.11 month-end · −33.2% over 3 years
₹188.11 month-end · +103.4% since Jan '19
52-week range ₹135.10 to ₹351.85 · 1-year volatility 76.1%
Was the rally earned?
Mostly earnings.
- Per-share earnings took off 54 points, while the multiple moved less (P/E 32.4x to 40.8x).
- The share count rose 5%.
Earnings helped, the multiple did not.
- Per-share earnings added 31 points, but investors now pay less per rupee of profit (P/E 89.1x to 40.8x), which took 64 points back.
- The share count rose 41%.
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.
Not shown for 5 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-84.3% (2019-01 peak to 2020-03 low, recovered 2021-07)
-80.4% (2025-01 peak to 2026-05 low, not yet recovered)
-59.4% (2022-07 peak to 2023-08 low, recovered 2024-04)
Most recent volume spikes
2026-09-11: 6.1x the 50-day median, price +2.7% that day
2026-09-10: 20x the 50-day median, price +9.2% that day
2026-09-09: 8.6x the 50-day median, price -4.8% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 23.4x to 135.7x since 2019-01.
94% above 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
- ROCE32nd▼ 14 pts vs a year ago
- Op. margin96thflat vs a year ago
- Revenue growth29th▼ 59 pts vs a year ago
- EPS growth11th▼ 77 pts vs a year ago
- Debt/equity ↓30th▲ 3 pts vs a year ago
- Cash cycle ↓7thflat vs a year ago
- P/E ↓24th▼ 21 pts vs a year ago
- 12M momentum28th▲ 16 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 normalised P/E (five-year average earnings) of 73.8x, a holder earning 12%/yr needs earnings to grow about 31.3%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 33.1% | 34.3% | 35.5% |
| 15x | 30.2% | 31.3% | 32.5% |
| 20x | 26.5% | 27.6% | 28.8% |
Drag a slider to test other assumptions
Implied: 31.3%/yr“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.
What prices imply across Technology Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹188.11
- P/E
- 40.8x
- ROCE
- 8.0%
- Market Cap
- ₹1258 cr
- Revenue (TTM)
- ₹338 cr
- P/S
- 3.7x
- P/B
- 1.8x
- ROE
- 4.4%
- Operating Margin
- 34.6%
- Debt / Equity
- 0.2x
- Promoter Holding
- 31.5%
- 12M Momentum
- -35.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance35%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 35.4%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate38%Near threshold
Median quarterly effective tax rate over about 2.5 years: 37.6%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion-0.16xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: -0.16x (cash from operations ₹-18 cr, net profit ₹111 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow1 of 5 yrsBeyond threshold
Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-35 daysWithin range
Debtor days are below the median of the previous three fiscal years by 35 days (226 vs 261). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress63% of fixed assetsWithin range
Capital work-in-progress is 63% 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 trimmed 8.1 pts; FIIs trimmed 3.1 pts; DIIs added 1.1 pts.
- The number of shareholders rose from 12,902 to 39,922 (+209%) between Dec 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 GENESYS INTERNATIONAL CORPORAT 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 −35% to +10% vs the market, against 0% for all non-financial companies in the same months.
- The analogs' median sat below that base rate (gap −16.5%, 80% range −26.0% to −9.5%), but the matches cluster in only 6 distinct 12-month windows.
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 · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 33 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| DPSCLTD Utilities |
Mar 2021 | 83x | 4% | +89% | −29% | −7% |
| SAMBHAAV Consumer Services |
Jan 2020 | 21x | 6% | −32% | −46% | −16% |
| INVENTURE Finance |
Jun 2022 | 20x | 9% | −35% | −58% | −39% |
| SEAMECLTD Industrial Services |
Jul 2023 | 57x | 3% | −14% | −40% | +47% |
| DCAL Health Technology |
Jun 2020 | 12x | 4% | −46% | −46% | +8% |
Show the other 3 matches
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: ROCE, drawdown from 12-month high and P/S. 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 else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Nov '23
- SepResultsRevenue (TTM) reached a new high of ₹338 cr.
- SepInstitutionsFII + DII holding fell 4.6 pts over 2 quarters to 2.7%.
- AugPriceVolume reached 41.4x its 50-day median on 2026-08-26; price +15.0% that day.
- JunPeer rankMoved into the top quartile of Technology Services on operating margin (from the 2nd quartile).
- JunSharesShare count is up 5.0% over 12 months.
- JunPriceVolume reached 43.3x its 50-day median on 2026-06-10; price +16.4% that day.
- MayPriceFell 80% from the Jan 2025 peak to the May 2026 low.
- MarResultsYear-on-year EPS growth turned negative.
Show 22 earlier events
- MarPeer rankSlipped to the 2nd quartile of Technology Services on operating margin (from the top quartile).
- JanValuationP/E fell below the 10th percentile of its own history to date (23.4x).
- JanPriceVolume reached 15.6x its 50-day median on 2026-01-22; price +9.7% that day.
- DecPeer rankSlipped to the 2nd quartile of Technology Services on EPS growth (from the top quartile).
- DecPriceVolume reached 65.7x its 50-day median on 2025-12-05; price +10.1% that day.
- MarPromoterPromoter holding fell 4.2 pts to 33.1%.
- FebPriceVolume reached 5.5x its 50-day median on 2025-02-17; price -6.0% that day.
- OctPriceVolume reached 13.2x its 50-day median on 2024-10-31; price -5.4% that day.
- SepPeer rankMoved into the top quartile of Technology Services on EPS growth (from the 3rd quartile).
- AugValuationP/E crossed above the 90th percentile of its own history to date (156.0x).
- AugPriceVolume reached 12.8x its 50-day median on 2024-08-29; price +9.0% that day.
- JulPriceRegained the 2024-04 peak, 1 month after the low.
- JulSharesShare count is up 5.3% over 12 months.
- JunResultsRevenue (TTM) reached a new high of ₹198 cr.
- JunInstitutionsFII + DII holding rose 3.9 pts over 1 quarter to 8.7%.
- JunPriceFell 38% from the Apr 2024 peak to the Jun 2024 low.
- JunPeer rankMoved into the 3rd quartile of Technology Services on ROCE (from the bottom quartile).
- AprPriceRegained the 2022-07 peak, 8 months after the low.
- AprPriceVolume reached 7.0x its 50-day median on 2024-04-04; price +10.8% that day.
- MarPeer rankSlipped to the bottom quartile of Technology Services on ROCE (from the 3rd quartile).
- MarPriceVolume reached 11.1x its 50-day median on 2024-03-01; price +11.0% that day.
- NovPriceVolume reached 60.8x its 50-day median on 2023-11-22; price +16.9% 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 history60 months · 2021-12 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 40.8x | ₹338 cr | 4.4% | 8.0% | 0.2x |
| 2026-10 | 37.1x | ₹338 cr | 4.4% | 8.0% | 0.2x |
| 2026-09 | 59.3x | ₹338 cr | 4.4% | 8.0% | 0.2x |
| 2026-08 | 46.6x | ₹328 cr | 4.7% | 8.0% | 0.2x |
| 2026-07 | 38.0x | ₹328 cr | 4.7% | 8.0% | 0.2x |
| 2026-06 | 44.6x | ₹328 cr | 4.7% | 8.0% | 0.2x |
| 2026-05 | 29.9x | ₹318 cr | 7.0% | 15.0% | 0.2x |
| 2026-04 | 30.5x | ₹318 cr | 7.0% | 15.0% | 0.2x |
| 2026-03 | 23.6x | ₹318 cr | 7.0% | 15.0% | 0.2x |
| 2026-02 | 22.6x | ₹331 cr | 10.6% | 15.0% | 0.2x |
| 2026-01 | 23.4x | ₹331 cr | 10.6% | 15.0% | 0.2x |
| 2025-12 | 32.8x | ₹331 cr | 10.6% | 15.0% | 0.2x |
| 2025-11 | 32.4x | ₹326 cr | 10.4% | 15.0% | 0.2x |
| 2025-10 | 38.3x | ₹326 cr | 10.4% | 15.0% | 0.2x |
| 2025-09 | 37.7x | ₹326 cr | 10.4% | 15.0% | 0.2x |
| 2025-08 | 43.4x | ₹311 cr | 10.1% | 15.0% | 0.2x |
| 2025-07 | 46.3x | ₹311 cr | 10.1% | 15.0% | 0.2x |
| 2025-06 | 49.6x | ₹311 cr | 10.1% | 15.0% | 0.2x |
| 2025-05 | 61.6x | ₹288 cr | 10.6% | 8.0% | 0.1x |
| 2025-04 | 54.4x | ₹288 cr | 10.6% | 8.0% | 0.1x |
| 2025-03 | 59.8x | ₹288 cr | 10.6% | 8.0% | 0.1x |
| 2025-02 | 59.6x | ₹258 cr | 9.6% | 8.0% | 0.1x |
| 2025-01 | 73.7x | ₹258 cr | 9.6% | 8.0% | 0.1x |
| 2024-12 | 82.5x | ₹258 cr | 9.6% | 8.0% | 0.1x |
| 2024-11 | 117.4x | ₹219 cr | 6.6% | 8.0% | 0.1x |
| 2024-10 | 100.2x | ₹219 cr | 6.6% | 8.0% | 0.1x |
| 2024-09 | 99.8x | ₹219 cr | 6.6% | 8.0% | 0.1x |
| 2024-08 | 156.0x | ₹198 cr | 4.4% | 8.0% | 0.1x |
| 2024-07 | 137.7x | ₹198 cr | 4.4% | 8.0% | 0.1x |
| 2024-06 | 114.2x | ₹198 cr | 4.4% | 8.0% | 0.1x |
| 2024-05 | 111.6x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2024-04 | 129.0x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2024-03 | 127.7x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2024-02 | 115.6x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2024-01 | 111.3x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-12 | 88.5x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-11 | 89.1x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-10 | 67.9x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-09 | 76.1x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-08 | 75.1x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-07 | 64.7x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-06 | 67.6x | ₹181 cr | 3.7% | 7.0% | 0.1x |
| 2023-05 | 84.7x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2023-04 | 75.0x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2023-03 | 84.0x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2023-02 | 100.2x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2023-01 | 110.4x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-12 | 116.1x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-11 | 119.3x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-10 | 134.1x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-09 | 134.1x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-08 | 155.7x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-07 | 163.9x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-06 | 136.0x | ₹120 cr | 6.6% | 4.0% | 0.1x |
| 2022-05 | — | ₹80 cr | -29.9% | -7.0% | 0.1x |
| 2022-04 | — | ₹80 cr | -29.9% | -7.0% | 0.1x |
| 2022-03 | — | ₹80 cr | -29.9% | -7.0% | 0.1x |
| 2022-02 | — | ₹80 cr | -29.9% | -7.0% | 0.1x |
| 2022-01 | — | ₹80 cr | -29.9% | -7.0% | 0.1x |
| 2021-12 | — | ₹80 cr | -29.9% | -7.0% | 0.1x |
Older months are in the live observatory.