B2B Software Technologies Ltd
Incorporated in 1994, B2B Software Technologies is a Microsoft-Gold Enterprise Resource Planning partner and is the leading Business Solution implementation company in the Microsoft Dynamics space.
The company specializes in providing business process analysis and system design, technical expertise, implementation, training and support services.
- Market Cap ₹ 37.8 Cr.
- Current Price ₹ 32.6
- High / Low ₹ 46.0 / 22.5
- Stock P/E 19.7
- Book Value ₹ 18.4
- Dividend Yield 0.00 %
- ROCE 14.9 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 2.83% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.47% over past five years.
- Company has a low return on equity of 11.2% over last 3 years.
- Earnings include an other income of Rs.1.72 Cr.
- Promoter holding has decreased over last 3 years: -7.14%
- Working capital days have increased from 137 days to 397 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.
Peer comparison
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.73 | 5.46 | 6.55 | 6.65 | 7.71 | 7.90 | 10.56 | 11.50 | 14.55 | 13.40 | 13.92 | 15.14 | 14.92 | |
4.29 | 4.84 | 5.42 | 5.55 | 7.04 | 8.23 | 10.19 | 10.02 | 11.65 | 11.47 | 12.82 | 13.47 | 13.81 | |
Operating Profit | 0.44 | 0.62 | 1.13 | 1.10 | 0.67 | -0.33 | 0.37 | 1.48 | 2.90 | 1.93 | 1.10 | 1.67 | 1.11 |
OPM % | 9.30% | 11.36% | 17.25% | 16.54% | 8.69% | -4.18% | 3.50% | 12.87% | 19.93% | 14.40% | 7.90% | 11.03% | 7.44% |
0.23 | 0.27 | 0.34 | 0.41 | 0.44 | 0.69 | 0.82 | 0.91 | 0.57 | 0.75 | 1.34 | 1.49 | 1.72 | |
Interest | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.05 | 0.12 | 0.13 | 0.16 | 0.12 | 0.12 | 0.11 | 0.10 | 0.07 | 0.11 | 0.16 | 0.13 | 0.12 |
Profit before tax | 0.62 | 0.73 | 1.34 | 1.35 | 0.99 | 0.24 | 1.08 | 2.29 | 3.40 | 2.57 | 2.28 | 3.03 | 2.71 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 37.37% | 20.83% | 22.22% | 19.21% | 26.47% | 11.67% | 24.12% | 20.79% | |
0.61 | 0.73 | 1.34 | 1.36 | 0.62 | 0.20 | 0.84 | 1.85 | 2.50 | 2.27 | 1.72 | 2.40 | 1.92 | |
EPS in Rs | 0.53 | 0.63 | 1.16 | 1.17 | 0.54 | 0.17 | 0.73 | 1.60 | 2.16 | 1.96 | 1.48 | 2.07 | 1.66 |
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: | 11% |
5 Years: | 7% |
3 Years: | 1% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 23% |
3 Years: | -1% |
TTM: | -29% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 28% |
3 Years: | 5% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 11% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 | 11.59 |
Reserves | -7.26 | -6.56 | -5.22 | -4.04 | -3.19 | -2.61 | -1.41 | 0.86 | 3.73 | 5.89 | 7.60 | 9.79 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.24 | 1.31 | 1.51 | 1.64 | 2.31 | 2.33 | 2.95 | 2.15 | 1.96 | 1.86 | 2.82 | 2.89 | |
Total Liabilities | 5.57 | 6.34 | 7.88 | 9.19 | 10.71 | 11.31 | 13.13 | 14.60 | 17.28 | 19.34 | 22.01 | 24.27 |
0.16 | 0.27 | 0.26 | 0.25 | 0.22 | 0.22 | 0.20 | 0.14 | 0.12 | 0.37 | 0.31 | 0.23 | |
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 | 0.89 | 1.07 | 2.65 | 3.58 | 6.47 | 6.92 | 7.49 | 10.08 | 11.53 | 13.44 | 14.22 | 16.83 |
4.52 | 5.00 | 4.97 | 5.36 | 4.02 | 4.17 | 5.44 | 4.38 | 5.63 | 5.53 | 7.48 | 7.21 | |
Total Assets | 5.57 | 6.34 | 7.88 | 9.19 | 10.71 | 11.31 | 13.13 | 14.60 | 17.28 | 19.34 | 22.01 | 24.27 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.49 | 0.55 | 1.91 | 1.37 | 0.74 | 0.44 | 1.06 | 0.73 | 1.87 | 1.73 | 1.37 | 1.48 | |
-0.22 | -0.42 | -1.58 | -0.90 | -2.73 | -0.15 | -0.10 | -2.00 | -0.98 | -1.61 | 0.08 | -1.81 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.27 | 0.13 | 0.33 | 0.47 | -1.98 | 0.29 | 0.96 | -1.26 | 0.89 | 0.12 | 1.46 | -0.32 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64.82 | 76.21 | 37.34 | 29.64 | 49.23 | 52.67 | 42.17 | 43.48 | 40.14 | 34.32 | 48.77 | 36.89 |
Inventory Days | 40.56 | 16.10 | 16.59 | 19.21 | 17.11 | 12.17 | 4.10 | 9.46 | 8.88 | 12.39 | 17.06 | 23.63 |
Days Payable | 97.33 | 80.51 | 132.73 | 134.47 | 91.25 | 106.46 | 75.19 | 89.22 | 25.52 | 6.76 | 29.56 | 1.31 |
Cash Conversion Cycle | 8.04 | 11.80 | -78.80 | -85.62 | -24.91 | -41.62 | -28.92 | -36.28 | 23.50 | 39.95 | 36.26 | 59.21 |
Working Capital Days | -0.77 | 18.72 | -15.60 | -27.44 | -24.62 | -31.42 | 5.18 | 4.13 | 13.04 | 9.81 | 3.93 | 396.82 |
ROCE % | 15.40% | 16.03% | 23.51% | 19.40% | 12.41% | 2.76% | 11.27% | 19.89% | 24.49% | 15.43% | 11.18% | 14.94% |
Documents
Announcements
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Launch Of New Division 'Emerging Technologies'
14 Aug - Launching Emerging Technologies division with ₹1 crore capex, operations from September 2025.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
13 Aug - Appointment of M/s M. Vijaya Kumar & Co. as statutory auditor from 31st to 36th AGM.
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
13 Aug - Statutory auditor Jawahar and Associates resigned due to pre-occupation, effective 12 Aug 2025.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
12 Aug - USD 1M order from Antelope Valley Cancer Center for 5-year AI oncology tech project.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 12Th August,2025 Under Regulation 30 Of SEBI (LODR) Regulations, 2015
12 Aug - Approved $1M AI oncology project, new Chairman, auditor changes, and related party agreements pending shareholder approval.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Services Offered:[1]
a) ERP Implementation
b) Enterprise Project Management
c) Upgradations projects
d) ERP Support and Services
e) Global Outsourcing Services
The company has expertise in ERPs such as: Microsoft Dynamics NAV[2]
Microsoft Dynamics AX[3]
Microsoft Dynamics 365[4]