Share price
₹1,529.15 latest close · +36.4% over the last 90 sessions
₹1,529.15 month-end · +66.2% over 12 months
₹1,529.15 month-end · +96.5% since Jun '25
52-week range ₹623.00 to ₹1603.00 · 1-year volatility 48.5%
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 66.6x to 130.4x); per-share earnings took off 21 points.
- 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.
Not shown for 3 years and 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
-72.1% (2024-07 peak to 2025-10 low, not yet recovered)
-31.2% (2024-02 peak to 2024-04 low, recovered 2024-05)
-17.4% (2023-11 peak to 2023-12 low, recovered 2023-12)
Most recent volume spikes
2026-10-19: 10.4x the 50-day median, price +0.2% that day
2026-08-31: 7.4x the 50-day median, price +5.0% that day
2026-08-19: 6.6x the 50-day median, price -0.9% 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).
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
- ROCE58th
- Revenue growth46th
- EPS growth21st
- Debt/equity ↓65th▲ 29 pts vs a year ago
- Cash cycle ↓9thflat vs a year ago
- P/E ↓7th▼ 6 pts vs a year ago
- 12M momentum98th▲ 79 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 130.4x, the price would imply about 39.0%/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
- ₹1529.15
- P/E
- 130.4x
- ROCE
- 18.0%
- Market Cap
- ₹2205 cr
- Revenue (TTM)
- ₹80 cr
- P/S
- 27.6x
- P/B
- 10.3x
- ROE
- 7.9%
- Debt / Equity
- 0.0x
- Promoter Holding
- 72.7%
- 12M Momentum
- 66.2%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance27%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 26.9%. Bands: below 15%, 15% to 35%, above 35%.
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 flow—Not enough data
Not enough reported data to compute this.
Receivable days vs history—Not enough data
Not enough reported data to compute this.
Capital work in progress—Not enough data
Not enough reported data to compute this.
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, institutional and promoter holdings were broadly unchanged.
- The number of shareholders rose from 997 to 2,938 (+195%) between Sep 2023 and Mar 2026.
Holdings, Mar '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 KODY TECHNOLAB LIMITED today on valuation, return on capital, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −24% to +17% vs the market, against −6% for all non-financial companies in the same months.
- The gap against the base rate (+1.3%, 80% range −7.1% to +6.7%) 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 · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 35 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| EMUDHRA Technology Services |
Mar 2024 | 96x | 24% | +252% | −7% | +9% |
| WENDT Producer Manufacturing |
Jun 2022 | 62x | 23% | +92% | −8% | +3% |
| ANUP Producer Manufacturing |
Mar 2025 | 94x | 17% | +120% | −7% | −53% |
| DATAPATTNS Electronic Technology |
Apr 2023 | 92x | 33% | +108% | −2% | +21% |
| SAREGAMA Consumer Services |
May 2021 | 96x | 15% | +857% | 0% | +55% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and interest cover. Not used (unavailable for this company): operating margin. 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?
15 events since Dec '23
- OctPriceVolume reached 10.4x its 50-day median on 2026-10-19; price +0.2% that day.
- JulPriceVolume reached 49.1x its 50-day median on 2026-07-09; price +4.4% that day.
- JunResultsRevenue (TTM) reached a new high of ₹80 cr.
- JunSharesShare count is up 7.7% over 12 months.
- JunPriceVolume reached 17.3x its 50-day median on 2026-06-22; price +1.8% that day.
- NovPriceVolume reached 16.2x its 50-day median on 2025-11-28; price +10.6% that day.
- OctPriceFell 72% from the Jul 2024 peak to the Oct 2025 low.
- SepPriceVolume reached 9.9x its 50-day median on 2025-09-12; price +1.9% that day.
Show 7 earlier events
- MarPriceVolume reached 12.1x its 50-day median on 2025-03-17; price -19.8% that day.
- OctPriceVolume reached 5.8x its 50-day median on 2024-10-29; price -6.2% that day.
- MayPriceRegained the 2024-02 peak, 1 month after the low.
- MayPriceVolume reached 6.3x its 50-day median on 2024-05-09; price -4.5% that day.
- AprPriceFell 31% from the Feb 2024 peak to the Apr 2024 low.
- JanPriceVolume reached 19.7x its 50-day median on 2024-01-17; price +5.0% that day.
- DecPriceVolume reached 5.1x its 50-day median on 2023-12-15; price +12.9% 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 history18 months · 2025-06 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 130.4x | ₹80 cr | 7.9% | 18.0% | 0.0x |
| 2026-10 | 126.4x | ₹80 cr | 7.9% | 18.0% | 0.0x |
| 2026-09 | 131.0x | ₹80 cr | 7.9% | 18.0% | 0.0x |
| 2026-08 | 127.0x | ₹80 cr | 7.9% | 18.0% | 0.0x |
| 2026-07 | 121.0x | ₹80 cr | 7.9% | 18.0% | 0.0x |
| 2026-06 | 92.7x | ₹80 cr | 7.9% | 18.0% | 0.0x |
| 2026-05 | 61.8x | ₹72 cr | 22.8% | — | 0.2x |
| 2026-04 | 51.2x | ₹72 cr | 22.8% | — | 0.2x |
| 2026-03 | 50.0x | ₹72 cr | 22.8% | — | 0.2x |
| 2026-02 | 61.4x | ₹72 cr | 22.8% | — | 0.2x |
| 2026-01 | 52.3x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-12 | 65.9x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-11 | 66.6x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-10 | 41.2x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-09 | 47.7x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-08 | 53.6x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-07 | 58.8x | ₹72 cr | 22.8% | — | 0.2x |
| 2025-06 | 56.3x | ₹72 cr | 22.8% | — | 0.2x |