N2N Technologies Ltd
Incorporated in 1985, N2N Technologies Ltd is in the business of IT & IT Enabled Services[1]
- Market Cap ₹ 9.69 Cr.
- Current Price ₹ 30.0
- High / Low ₹ 42.2 / 25.3
- Stock P/E
- Book Value ₹ 12.8
- Dividend Yield 0.00 %
- ROCE -45.2 %
- ROE -54.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -9.36% over last 3 years.
- Debtor days have increased from 103 to 142 days.
* 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.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 1.61 | 1.41 | 1.34 | 1.14 | |
| 0.13 | 0.12 | 0.21 | 0.12 | 0.10 | 0.08 | 0.42 | 4.65 | 0.58 | 1.63 | 1.66 | 4.10 | 4.02 | |
| Operating Profit | -0.13 | -0.12 | -0.21 | -0.12 | -0.10 | -0.08 | -0.42 | -4.65 | 0.03 | -0.02 | -0.25 | -2.76 | -2.88 |
| OPM % | 4.92% | -1.24% | -17.73% | -205.97% | -252.63% | ||||||||
| 0.14 | 0.18 | -2.65 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.08 | 0.08 | 0.07 | 0.01 | 0.00 | 0.00 | 4.58 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.07 | -0.02 | -2.93 | 0.08 | -0.10 | -0.08 | -5.00 | -4.65 | 0.01 | -0.04 | -0.27 | -2.78 | -2.90 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 20.00% | 0.00% | 0.00% | 0.00% | -200.00% | -175.00% | -585.19% | 0.00% | |
| -0.08 | -0.02 | -2.94 | 0.08 | -0.12 | -0.08 | -4.99 | -4.65 | 0.03 | 0.03 | 1.31 | -2.78 | -2.90 | |
| EPS in Rs | -0.18 | -0.05 | -9.11 | 0.25 | -0.37 | -0.25 | -15.46 | -14.40 | 0.09 | 0.09 | 4.06 | -8.61 | -8.98 |
| Dividend Payout % | 0.00% | 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: | 30% |
| TTM: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | % |
| TTM: | -304% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 29% |
| 3 Years: | 40% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -22% |
| 3 Years: | -9% |
| Last Year: | -54% |
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 | 4.41 | 4.41 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 4.01 |
| Reserves | 14.26 | 14.24 | 11.28 | 11.36 | 11.24 | 11.16 | 6.17 | 1.52 | 1.55 | 1.58 | 2.89 | 0.11 |
| 0.03 | 0.13 | 0.79 | 0.79 | 0.92 | 0.94 | 0.94 | 0.96 | 0.96 | 1.01 | 1.43 | 0.63 | |
| 0.53 | 0.52 | 0.62 | 0.61 | 0.49 | 0.49 | 0.51 | 0.58 | 0.74 | 0.72 | 0.99 | 1.16 | |
| Total Liabilities | 19.23 | 19.30 | 15.92 | 15.99 | 15.88 | 15.82 | 10.85 | 6.29 | 6.48 | 6.54 | 8.54 | 5.91 |
| 9.45 | 9.38 | 9.17 | 9.17 | 9.15 | 9.15 | 4.58 | 0.00 | 0.04 | 0.04 | 0.04 | 0.02 | |
| 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 | 3.25 | 3.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.53 | 6.67 | 6.75 | 6.82 | 6.73 | 6.67 | 6.27 | 6.29 | 6.44 | 6.50 | 8.50 | 5.89 | |
| Total Assets | 19.23 | 19.30 | 15.92 | 15.99 | 15.88 | 15.82 | 10.85 | 6.29 | 6.48 | 6.54 | 8.54 | 5.91 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.14 | -0.16 | -3.14 | -0.31 | -0.08 | -0.06 | -0.40 | -0.02 | 6.29 | -0.03 | -0.40 | 0.00 | |
| 0.14 | 0.18 | 3.45 | 0.20 | 0.00 | 0.00 | 0.40 | 0.00 | -6.30 | -0.02 | -0.02 | 0.00 | |
| 0.00 | 0.00 | -0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.05 | 0.42 | 0.00 | |
| Net Cash Flow | 0.00 | 0.01 | 0.18 | -0.12 | -0.08 | -0.06 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -0.14 | -0.16 | -3.14 | -0.31 | -0.08 | -0.06 | -0.40 | -0.02 | 6.25 | -0.05 | -0.42 | 0.00 |
| CFO/OP | 108% | 133% | 1,486% | 242% | 80% | 75% | 95% | 0% | 20,967% | 150% | 160% | 0% |
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 | 71.80 | 27.20 | 139.79 | 141.64 | ||||||||
| Inventory Days | 182.50 | |||||||||||
| Days Payable | 4,380.00 | |||||||||||
| Cash Conversion Cycle | 71.80 | 27.20 | 139.79 | 141.64 | ||||||||
| Working Capital Days | -365.00 | -131.49 | -113.90 | -166.16 | ||||||||
| ROCE % | -0.37% | -0.11% | -0.35% | 0.52% | -0.65% | -0.52% | -38.96% | -57.94% | 0.35% | -0.69% | -4.04% | -45.20% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| IT & ITes Revenue Share % |
|
|||||
| Promoter Shareholding % |
||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Rahul Dilip Shah resigned as director effective September 24, 2026, after Harmony Remedies’ open offer change in control.
-
Announcement Under Regulation 30 / Extension Of Time To Convene AGM For FY 2025-2026
- RoC Pune extends AGM deadline to December 31, 2026; control changes after Harmony Remedies open offer.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Trupti Pandit resigned as Director and CEO effective August 13, 2026 after open offer-driven change in control.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Tushar Shah resigned as Director and CFO effective August 13, 2026, after an open offer-led control change.
-
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
- N2N Technologies will cease IT consulting from August 13, 2026 after open offer-led control change.
Annual reports
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
-
Annual Report 2009
from bse
Business transition:[1]
From August 13th 2026, the company discontinued IT /software consulting and relieved all IT-division employees /consultants. The new management said other opportunities were only under evaluation. The financial implications were unquantified.[2]