Springform Technology Ltd
Incorporated in 1999, Springform Technology Ltd is in the business of providing IT Solutions and Services[1]
- Market Cap ₹ 11.7 Cr.
- Current Price ₹ 11.6
- High / Low ₹ 11.6 / 11.6
- Stock P/E
- Book Value ₹ 9.65
- Dividend Yield 0.00 %
- ROCE -1.04 %
- ROE -5.55 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.20 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -19.6% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.20 | 0.34 | 0.29 | 0.56 | 0.71 | 0.70 | 0.58 | 0.71 | 0.96 | 0.56 | 0.14 | 0.00 | 0.00 | |
| 0.19 | 0.29 | 0.21 | 0.43 | 0.54 | 0.50 | 0.38 | 0.42 | 0.58 | 0.46 | 1.09 | 0.44 | 0.46 | |
| Operating Profit | 0.01 | 0.05 | 0.08 | 0.13 | 0.17 | 0.20 | 0.20 | 0.29 | 0.38 | 0.10 | -0.95 | -0.44 | -0.46 |
| OPM % | 5.00% | 14.71% | 27.59% | 23.21% | 23.94% | 28.57% | 34.48% | 40.85% | 39.58% | 17.86% | -678.57% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.04 | 0.36 | 0.56 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.00 | 0.24 | 0.43 |
| Depreciation | 0.00 | 0.01 | 0.04 | 0.05 | 0.08 | 0.11 | 0.11 | 0.08 | 0.07 | 0.05 | 0.01 | 0.00 | 0.00 |
| Profit before tax | 0.01 | 0.04 | 0.04 | 0.08 | 0.09 | 0.09 | 0.09 | 0.20 | 0.29 | 0.00 | -1.00 | -0.32 | -0.33 |
| Tax % | 0.00% | 25.00% | 25.00% | 12.50% | 55.56% | 33.33% | 22.22% | 25.00% | 27.59% | 0.00% | -15.62% | ||
| 0.01 | 0.03 | 0.03 | 0.06 | 0.05 | 0.07 | 0.07 | 0.15 | 0.21 | 0.00 | -1.01 | -0.27 | -0.34 | |
| EPS in Rs | -0.27 | ||||||||||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -11% |
| 3 Years: | -20% |
| Last Year: | -6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 10.10 |
| Reserves | 0.27 | 0.30 | 0.33 | 0.38 | 0.44 | 0.51 | 0.57 | 0.72 | 0.93 | 0.93 | -0.07 | -0.35 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.10 | 5.56 | |
| 0.13 | 0.15 | 0.18 | 0.23 | 0.27 | 0.46 | 0.52 | 0.64 | 0.26 | 0.21 | 0.02 | 0.06 | |
| Total Liabilities | 0.45 | 0.50 | 0.56 | 0.66 | 0.76 | 1.02 | 1.14 | 1.46 | 1.24 | 1.19 | 0.10 | 15.37 |
| 0.00 | 0.19 | 0.18 | 0.25 | 0.32 | 0.30 | 0.19 | 0.12 | 0.07 | 0.06 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.26 |
| 0.45 | 0.31 | 0.38 | 0.41 | 0.44 | 0.72 | 0.95 | 1.34 | 1.17 | 1.13 | 0.10 | 6.11 | |
| Total Assets | 0.45 | 0.50 | 0.56 | 0.66 | 0.76 | 1.02 | 1.14 | 1.46 | 1.24 | 1.19 | 0.10 | 15.37 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | 0.20 | 0.00 | 0.06 | 0.18 | 0.06 | -0.02 | 0.02 | 0.78 | -0.27 | -0.45 | -6.27 | |
| 0.00 | -0.20 | 0.00 | -0.12 | -0.14 | -0.09 | 0.00 | 0.00 | -0.02 | -0.04 | 0.02 | -9.26 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | -0.05 | 0.10 | 15.51 | |
| Net Cash Flow | -0.01 | 0.00 | 0.00 | -0.06 | 0.03 | -0.03 | -0.03 | 0.01 | 0.76 | -0.37 | -0.34 | -0.02 |
| Free Cash Flow | -0.01 | 0.00 | 0.00 | -0.06 | 0.04 | -0.03 | -0.02 | 0.02 | 0.76 | -0.31 | -0.44 | -6.27 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 0% | 400% | 0% | 54% | 124% | 45% | 5% | 28% | 229% | -270% | 36% | 1,416% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91.25 | 268.38 | 302.07 | 136.88 | 143.94 | 297.21 | 396.47 | 503.80 | 64.64 | 267.23 | 26.07 | |
| Inventory Days | 0.00 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 91.25 | 268.38 | 302.07 | 136.88 | 143.94 | 297.21 | 396.47 | 503.80 | 64.64 | 267.23 | 26.07 | |
| Working Capital Days | -54.75 | 161.03 | 163.62 | 104.29 | 71.97 | 135.57 | 276.90 | 339.30 | 22.81 | 293.30 | -208.57 | |
| ROCE % | 3.17% | 11.94% | 10.96% | 19.75% | 19.57% | 17.14% | 15.25% | 29.17% | 34.44% | 5.10% | -181.13% | -1.04% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees employees |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- We herewith enclosed a Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 30th September, 2026 received from Skyline …
- Closure of Trading Window
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- AGM resolutions passed on 18 September 2026, including name change to Inertia Alu Tech Limited.
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Announcement under Regulation 30 (LODR)-Change of Company Name
- Shareholders approved name change to Inertia Alu Tech Limited; ROC approval received on 18 September 2026.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- 46th AGM held on 18 Sep 2026; discussed name change, related party transaction, and loans.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Overview:[1]
STL is engaged in the technology sector focusing on three main areas:
a) Software Development
b) Hardware trading
c) Information technology (IT) services