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 ₹ 48.8 Cr.
- Current Price ₹ 28.1
- High / Low ₹ 38.0 / 15.8
- Stock P/E 21.2
- Book Value ₹ 13.4
- Dividend Yield 2.38 %
- ROCE 14.8 %
- ROE 10.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 36.8 to 24.8 days.
Cons
- Promoter holding has decreased over last quarter: -2.86%
- The company has delivered a poor sales growth of 6.92% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
- Earnings include an other income of Rs.1.48 Cr.
- Working capital days have increased from 134 days to 400 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.46 | 6.55 | 6.65 | 7.71 | 7.90 | 10.56 | 11.50 | 14.55 | 13.40 | 13.92 | 15.14 | 16.07 | |
| 4.84 | 5.42 | 5.55 | 7.04 | 8.23 | 10.19 | 10.02 | 11.65 | 11.47 | 12.82 | 13.44 | 14.12 | |
| Operating Profit | 0.62 | 1.13 | 1.10 | 0.67 | -0.33 | 0.37 | 1.48 | 2.90 | 1.93 | 1.10 | 1.70 | 1.95 |
| OPM % | 11.36% | 17.25% | 16.54% | 8.69% | -4.18% | 3.50% | 12.87% | 19.93% | 14.40% | 7.90% | 11.23% | 12.13% |
| 0.27 | 0.34 | 0.41 | 0.44 | 0.69 | 0.82 | 0.91 | 0.57 | 0.75 | 1.34 | 1.46 | 1.48 | |
| Interest | 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 | 0.12 | 0.13 | 0.16 | 0.12 | 0.12 | 0.11 | 0.10 | 0.07 | 0.11 | 0.16 | 0.13 | 0.13 |
| Profit before tax | 0.73 | 1.34 | 1.35 | 0.99 | 0.24 | 1.08 | 2.29 | 3.40 | 2.57 | 2.28 | 3.03 | 3.30 |
| Tax % | 0.00% | 0.00% | 0.00% | 37.37% | 20.83% | 22.22% | 19.21% | 26.47% | 11.67% | 24.12% | 20.79% | 30.00% |
| 0.73 | 1.34 | 1.36 | 0.62 | 0.20 | 0.84 | 1.85 | 2.50 | 2.27 | 1.72 | 2.40 | 2.30 | |
| EPS in Rs | 0.42 | 0.77 | 0.78 | 0.36 | 0.11 | 0.48 | 1.06 | 1.44 | 1.30 | 0.99 | 1.38 | 1.32 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 50.39% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 1% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | 17% |
| 1 Year: | 47% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 10% |
| Last Year: | 10% |
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 | 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 | -6.56 | -5.22 | -4.04 | -3.19 | -2.61 | -1.41 | 0.86 | 3.73 | 5.89 | 7.60 | 9.79 | 11.74 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.31 | 1.51 | 1.64 | 2.31 | 2.33 | 2.95 | 2.15 | 1.96 | 1.86 | 2.81 | 2.89 | 3.09 | |
| Total Liabilities | 6.34 | 7.88 | 9.19 | 10.71 | 11.31 | 13.13 | 14.60 | 17.28 | 19.34 | 22.00 | 24.27 | 26.42 |
| 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 |
| Investments | 1.07 | 2.65 | 3.58 | 6.47 | 6.92 | 7.49 | 10.08 | 11.53 | 13.44 | 14.22 | 16.83 | 18.35 |
| 5.00 | 4.97 | 5.36 | 4.02 | 4.17 | 5.44 | 4.38 | 5.63 | 5.53 | 7.47 | 7.21 | 7.79 | |
| Total Assets | 6.34 | 7.88 | 9.19 | 10.71 | 11.31 | 13.13 | 14.60 | 17.28 | 19.34 | 22.00 | 24.27 | 26.42 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.55 | 1.91 | 1.37 | 0.74 | 0.44 | 1.06 | 0.73 | 1.87 | 1.73 | 1.37 | 1.48 | 2.77 | |
| -0.42 | -1.58 | -0.90 | -2.73 | -0.15 | -0.10 | -2.00 | -0.98 | -1.61 | 0.08 | -1.86 | 0.25 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.16 | |
| Net Cash Flow | 0.13 | 0.33 | 0.47 | -1.98 | 0.29 | 0.96 | -1.26 | 0.89 | 0.12 | 1.46 | -0.37 | 1.86 |
| Free Cash Flow | 0.29 | 1.79 | 1.23 | 0.64 | 0.32 | 0.97 | 0.73 | 1.82 | 1.40 | 1.27 | 1.42 | 2.59 |
| CFO/OP | 89% | 169% | 125% | 110% | -133% | 286% | 49% | 64% | 90% | 125% | 87% | 142% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 76.21 | 37.34 | 29.64 | 49.23 | 52.67 | 42.17 | 43.48 | 40.14 | 34.32 | 48.77 | 36.89 | 24.76 |
| Inventory Days | 16.10 | 16.59 | 19.21 | 17.11 | 12.17 | 4.10 | 9.46 | 8.88 | 12.39 | 17.06 | 23.63 | 32.59 |
| Days Payable | 80.51 | 132.73 | 134.47 | 91.25 | 106.46 | 75.19 | 89.22 | 25.52 | 6.76 | 29.56 | 1.31 | 3.26 |
| Cash Conversion Cycle | 11.80 | -78.80 | -85.62 | -24.91 | -41.62 | -28.92 | -36.28 | 23.50 | 39.95 | 36.26 | 59.21 | 54.09 |
| Working Capital Days | 18.72 | -15.60 | -27.44 | -24.62 | -31.42 | 5.18 | 4.13 | 13.04 | 9.81 | 3.93 | -0.72 | 400.21 |
| ROCE % | 16.03% | 23.51% | 19.40% | 12.41% | 2.76% | 11.27% | 19.89% | 24.49% | 15.43% | 11.18% | 14.79% | 14.76% |
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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Extracted by Screener AI
Documents
Announcements
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
2d - B2B Software Technologies filed FY2025-26 annual disclosure, stating it is not a large corporate.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
2d - Company states it is not a Large Corporate; FY2026-27 initial disclosure not applicable.
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Appointment of Company Secretary and Compliance Officer
22 Apr - Board appointed Ms. Yamini Saini as Company Secretary and Compliance Officer effective 22.04.2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Apr - Newspaper publication of Audited Financial Results for the quarter and financial year ended 31.03.2026
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Announcement under Regulation 30 (LODR)-Change in Management
11 Apr - Board approved audited standalone and consolidated results for FY2026 and appointed internal auditor Ms. Srijani Sarkar.
Annual reports
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Financial Year 2025
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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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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]