Atishay Ltd
Incorporated in 1989, Atishay Ltd is a IT Consultancy and Services company which provides customized software solutions for businesses[1]
- Market Cap ₹ 238 Cr.
- Current Price ₹ 216
- High / Low ₹ 235 / 117
- Stock P/E 30.8
- Book Value ₹ 46.6
- Dividend Yield 0.46 %
- ROCE 20.4 %
- ROE 15.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 23.5% CAGR over last 5 years
- Company's working capital requirements have reduced from 68.7 days to 51.1 days
Cons
- Stock is trading at 4.64 times its book value
- Company has a low return on equity of 10.8% 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
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14.84 | 19.03 | 18.61 | 21.30 | 22.64 | 26.03 | 23.05 | 26.28 | 19.75 | 21.46 | 43.26 | 51.15 | 58.44 | |
| 10.98 | 14.32 | 14.53 | 15.38 | 17.95 | 19.63 | 20.19 | 21.64 | 19.13 | 20.58 | 35.54 | 41.52 | 48.29 | |
| Operating Profit | 3.86 | 4.71 | 4.08 | 5.92 | 4.69 | 6.40 | 2.86 | 4.64 | 0.62 | 0.88 | 7.72 | 9.63 | 10.15 |
| OPM % | 26.01% | 24.75% | 21.92% | 27.79% | 20.72% | 24.59% | 12.41% | 17.66% | 3.14% | 4.10% | 17.85% | 18.83% | 17.37% |
| 0.76 | 1.16 | 0.88 | 0.69 | 1.26 | 1.18 | 1.72 | 1.07 | 1.54 | 1.96 | 1.97 | 2.11 | 2.35 | |
| Interest | 0.22 | 0.18 | 0.15 | 0.56 | 0.53 | 0.45 | 0.42 | 0.50 | 0.38 | 0.39 | 0.38 | 0.33 | 0.33 |
| Depreciation | 0.84 | 0.99 | 0.64 | 1.37 | 1.34 | 1.34 | 1.62 | 1.70 | 1.49 | 1.44 | 1.68 | 1.83 | 1.80 |
| Profit before tax | 3.56 | 4.70 | 4.17 | 4.68 | 4.08 | 5.79 | 2.54 | 3.51 | 0.29 | 1.01 | 7.63 | 9.58 | 10.37 |
| Tax % | 30.90% | 27.02% | 28.06% | 30.13% | 25.49% | 27.46% | 3.94% | 29.63% | 62.07% | 35.64% | 27.13% | 26.83% | |
| 2.46 | 3.42 | 3.00 | 3.27 | 3.03 | 4.20 | 2.44 | 2.48 | 0.11 | 0.65 | 5.55 | 7.01 | 7.73 | |
| EPS in Rs | 3.04 | 3.11 | 2.73 | 2.98 | 2.76 | 3.82 | 2.22 | 2.26 | 0.10 | 0.59 | 5.05 | 6.38 | 7.04 |
| Dividend Payout % | 15.78% | 15.42% | 0.00% | 0.00% | 21.74% | 15.69% | 0.00% | 30.99% | 0.00% | 0.00% | 19.78% | 15.66% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 17% |
| 3 Years: | 37% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 24% |
| 3 Years: | 300% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 49% |
| 3 Years: | 93% |
| 1 Year: | 19% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| 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 | 6.47 | 8.79 | 8.79 | 10.98 | 10.98 | 10.98 | 10.98 | 10.98 | 10.98 | 10.98 | 10.98 | 10.98 | 10.98 |
| Reserves | 8.82 | 11.62 | 14.26 | 15.17 | 18.20 | 21.64 | 23.22 | 25.76 | 25.05 | 25.71 | 31.39 | 37.62 | 40.18 |
| 1.95 | 1.48 | 5.55 | 4.29 | 3.43 | 4.95 | 5.29 | 0.65 | 3.86 | 2.60 | 2.13 | 4.41 | 5.26 | |
| 3.67 | 3.18 | 2.73 | 1.64 | 2.61 | 3.00 | 3.10 | 2.84 | 2.96 | 2.03 | 3.74 | 5.38 | 6.65 | |
| Total Liabilities | 20.91 | 25.07 | 31.33 | 32.08 | 35.22 | 40.57 | 42.59 | 40.23 | 42.85 | 41.32 | 48.24 | 58.39 | 63.07 |
| 11.23 | 2.54 | 4.89 | 23.92 | 23.53 | 22.91 | 24.75 | 23.66 | 23.30 | 21.89 | 23.32 | 23.60 | 24.23 | |
| CWIP | 0.00 | 5.67 | 14.12 | 0.46 | 1.43 | 2.63 | 0.91 | 1.34 | 2.07 | 2.03 | 1.00 | 0.80 | 0.00 |
| Investments | 2.18 | 4.52 | 3.86 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.01 |
| 7.50 | 12.34 | 8.46 | 7.63 | 10.26 | 15.03 | 16.93 | 15.23 | 17.48 | 17.40 | 23.92 | 33.99 | 34.83 | |
| Total Assets | 20.91 | 25.07 | 31.33 | 32.08 | 35.22 | 40.57 | 42.59 | 40.23 | 42.85 | 41.32 | 48.24 | 58.39 | 63.07 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.55 | 3.95 | 1.25 | 2.59 | 0.93 | 1.32 | 0.42 | 7.88 | 0.39 | -1.51 | 7.62 | 4.03 | |
| -2.25 | 0.63 | -9.36 | -1.60 | -0.12 | -0.66 | -0.25 | -2.44 | 1.09 | 0.60 | -6.31 | -0.25 | |
| -1.12 | 2.46 | 3.45 | -0.93 | -1.05 | -2.31 | -1.53 | -2.08 | -1.66 | -0.82 | -0.66 | -0.87 | |
| Net Cash Flow | -1.82 | 7.04 | -4.65 | 0.07 | -0.24 | -1.65 | -1.35 | 3.36 | -0.18 | -1.73 | 0.65 | 2.91 |
| Free Cash Flow | 0.60 | 5.98 | -10.62 | 0.98 | -0.75 | -0.22 | -0.84 | 7.05 | -0.86 | -1.49 | 6.46 | 2.12 |
| CFO/OP | 66% | 107% | 60% | 67% | 57% | 44% | 63% | 181% | 203% | -293% | 125% | 68% |
Ratios
Figures in Rs. Crores
| 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 | 107.73 | 34.91 | 43.15 | 47.98 | 85.61 | 118.07 | 99.92 | 70.97 | 77.44 | 122.46 | 56.11 | 89.34 |
| Inventory Days | 0.00 | 0.00 | 1.35 | 39.03 | 11.30 | |||||||
| Days Payable | 57.12 | 140.03 | 126.01 | |||||||||
| Cash Conversion Cycle | 107.73 | 34.91 | -12.62 | -53.03 | -29.11 | 118.07 | 99.92 | 70.97 | 77.44 | 122.46 | 56.11 | 89.34 |
| Working Capital Days | 7.13 | -20.71 | -3.73 | 23.82 | 64.81 | 75.72 | 92.00 | 125.83 | 102.57 | 108.34 | 46.74 | 51.09 |
| ROCE % | 21.90% | 22.74% | 14.58% | 16.73% | 14.56% | 16.67% | 7.68% | 9.57% | 1.71% | 3.03% | 19.12% | 20.35% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employee Count Number |
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| e-Mitra Network (Kiosks/Touchpoints) Number |
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| Zapurse Cumulative Transaction Value INR Crores |
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| Zapurse Retail Network Number |
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| Voter ID Cards Processed (Cumulative/Period) Number in Crores |
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| Aadhaar Enrollments (Cumulative) Number in Crores |
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| PACS Computerization (Units) Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1d - Atishay secured ₹1.90 crore CHiPS Aadhaar services order, executable over 3 years and 3 months.
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Board Meeting Intimation for For Consideration Of Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026 And Recommendation Of Final Dividend, If Any And Other Matters Including Convening Of Annual General Meeting.
16 Apr - Board meets April 24, 2026 to approve FY26 results, consider final dividend, and convene 26th AGM.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
8 Apr - Atishay confirms non-applicability of Large Corporate framework for FY ended March 31, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Atishay submitted Regulation 74(5) depository certificate for quarter ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
27 Mar - Won ₹5.49 Cr DCO Madhya Pradesh order for Census 2027 kits; 25-day execution.
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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Business Overview:[1]
AL is an Information Technology driven company that offers services to help government organization find smarter solutions, data management, software development, E Governance, retail fintech, and the implementation of turnkey IT solutions. Company is a provider of business and knowledge process services and acts as a singular framework for identifying and deploying IT applications