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 ₹ 60.8 Cr.
- Current Price ₹ 35.0
- High / Low ₹ 38.0 / 15.8
- Stock P/E 22.5
- Book Value ₹ 12.9
- Dividend Yield 1.91 %
- ROCE 14.8 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.69 times its book value
- Promoter holding has decreased over last quarter: -2.86%
- 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.1.66 Cr.
* 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 | 16.24 | |
| 4.29 | 4.84 | 5.42 | 5.55 | 7.04 | 8.23 | 10.19 | 10.02 | 11.65 | 11.47 | 12.82 | 13.44 | 14.01 | |
| Operating Profit | 0.44 | 0.62 | 1.13 | 1.10 | 0.67 | -0.33 | 0.37 | 1.48 | 2.90 | 1.93 | 1.10 | 1.70 | 2.23 |
| OPM % | 9.30% | 11.36% | 17.25% | 16.54% | 8.69% | -4.18% | 3.50% | 12.87% | 19.93% | 14.40% | 7.90% | 11.23% | 13.73% |
| 0.23 | 0.27 | 0.34 | 0.41 | 0.44 | 0.69 | 0.82 | 0.91 | 0.57 | 0.75 | 1.34 | 1.46 | 1.66 | |
| 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 | 3.77 |
| 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 | 2.71 | |
| EPS in Rs | 0.35 | 0.42 | 0.77 | 0.78 | 0.36 | 0.11 | 0.48 | 1.06 | 1.44 | 1.30 | 0.99 | 1.38 | 1.56 |
| 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: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 23% |
| 3 Years: | -2% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 21% |
| 3 Years: | 30% |
| 1 Year: | 108% |
| 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 | Sep 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 | 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 | 10.90 |
| 0.00 | 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 | 2.81 | 2.89 | 3.79 | |
| Total Liabilities | 5.57 | 6.34 | 7.88 | 9.19 | 10.71 | 11.31 | 13.13 | 14.60 | 17.28 | 19.34 | 22.00 | 24.27 | 26.28 |
| 0.16 | 0.27 | 0.26 | 0.25 | 0.22 | 0.22 | 0.20 | 0.14 | 0.12 | 0.37 | 0.31 | 0.23 | 0.28 | |
| 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 | 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 | 17.88 |
| 4.52 | 5.00 | 4.97 | 5.36 | 4.02 | 4.17 | 5.44 | 4.38 | 5.63 | 5.53 | 7.47 | 7.21 | 8.12 | |
| Total Assets | 5.57 | 6.34 | 7.88 | 9.19 | 10.71 | 11.31 | 13.13 | 14.60 | 17.28 | 19.34 | 22.00 | 24.27 | 26.28 |
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 | -1.86 | |
| 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 | -0.37 |
| Free Cash Flow | 0.44 | 0.29 | 1.79 | 1.23 | 0.64 | 0.32 | 0.97 | 0.73 | 1.82 | 1.40 | 1.27 | 1.42 |
| CFO/OP | 111% | 89% | 169% | 125% | 110% | -133% | 286% | 49% | 64% | 90% | 125% | 87% |
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 | -0.72 |
| ROCE % | 15.40% | 16.03% | 23.51% | 19.40% | 12.41% | 2.76% | 11.27% | 19.89% | 24.49% | 15.43% | 11.18% | 14.79% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Count |
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| Add-on Software Sales Count |
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Documents
Announcements
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Board Meeting Intimation for Meeting To Be Held On 11.04.2026
2d - Board meets on 11 Apr 2026 to approve audited FY2026 standalone and consolidated financial statements.
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Outcome Of Circular Resolution Passed By Board Of The Company By Circulation On April 6, 2026
2d - Board approved allotment of 57,92,700 bonus equity shares on 6 April 2026.
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Update Pertaining To Record Date
30 Mar - 1:2 bonus issue (57,92,700 shares); record date Apr 2, allotment Apr 6, listing Apr 7, 2026.
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Closure of Trading Window
26 Mar - Trading window closed from 01 April 2026 until 48 hours after declaration of audited standalone and consolidated FY2026 results.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 26 Mar
Annual reports
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Financial Year 2025
from bse
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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
from bse
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]