Octaware Technologies Ltd
Incorporated in 2005, Octaware Technologies
Ltd is in the business of developing, designing, and servicing computer software and information technology-related applications and systems.[1]
- Market Cap ₹ 9.14 Cr.
- Current Price ₹ 25.5
- High / Low ₹ 83.3 / 22.1
- Stock P/E 32.6
- Book Value ₹ 38.5
- Dividend Yield 0.00 %
- ROCE 2.25 %
- ROE 2.05 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.66 times its book value
Cons
- The company has delivered a poor sales growth of 4.06% over past five years.
- Company has a low return on equity of -6.13% 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 - Services IT Enabled Services
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.07 | 5.49 | 7.20 | 7.80 | 11.34 | 10.75 | 12.91 | 16.20 | 16.86 | 17.32 | 15.90 | 15.75 | |
| 2.53 | 4.13 | 5.36 | 5.49 | 8.46 | 9.75 | 14.21 | 16.32 | 16.31 | 18.49 | 17.44 | 15.45 | |
| Operating Profit | 1.54 | 1.36 | 1.84 | 2.31 | 2.88 | 1.00 | -1.30 | -0.12 | 0.55 | -1.17 | -1.54 | 0.30 |
| OPM % | 37.84% | 24.77% | 25.56% | 29.62% | 25.40% | 9.30% | -10.07% | -0.74% | 3.26% | -6.76% | -9.69% | 1.90% |
| 0.03 | 0.03 | 0.11 | 0.21 | -0.06 | 0.18 | 0.03 | 0.02 | 0.35 | 0.00 | 0.22 | 0.13 | |
| Interest | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.06 | 0.12 | 0.07 |
| Depreciation | 0.05 | 0.06 | 0.17 | 0.30 | 0.35 | 0.25 | 0.22 | 0.01 | 0.21 | 0.13 | 0.13 | 0.11 |
| Profit before tax | 1.52 | 1.33 | 1.76 | 2.20 | 2.45 | 0.91 | -1.52 | -0.14 | 0.67 | -1.36 | -1.57 | 0.25 |
| Tax % | 11.84% | 12.78% | 11.93% | 6.82% | 2.45% | 35.16% | -5.26% | 242.86% | 11.94% | 0.00% | 0.64% | -16.00% |
| 1.34 | 1.15 | 1.55 | 2.06 | 2.39 | 0.59 | -1.44 | -0.49 | 0.59 | -1.36 | -1.58 | 0.28 | |
| EPS in Rs | 0.66 | 0.38 | 5.04 | 5.71 | 6.63 | 1.62 | -4.01 | -1.36 | 1.64 | -3.79 | -4.40 | 0.78 |
| 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: | 4% |
| 3 Years: | -2% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | 17% |
| 3 Years: | -22% |
| TTM: | 118% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -19% |
| 3 Years: | -19% |
| 1 Year: | -57% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -3% |
| 3 Years: | -6% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 2.03 | 3.05 | 3.08 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 |
| Reserves | 2.34 | 2.47 | 4.23 | 9.90 | 12.34 | 13.25 | 12.18 | 11.67 | 12.52 | 11.38 | 9.85 | 10.24 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.68 | 0.00 | 0.61 | 0.62 | 0.58 | |
| 0.24 | 0.23 | 1.22 | 5.43 | 1.06 | 0.95 | 3.40 | 2.84 | 2.50 | 3.64 | 5.49 | 4.96 | |
| Total Liabilities | 4.61 | 5.75 | 8.53 | 18.92 | 16.99 | 17.79 | 19.17 | 19.78 | 18.61 | 19.22 | 19.55 | 19.37 |
| 1.70 | 1.80 | 1.92 | 3.25 | 3.57 | 3.44 | 3.29 | 3.45 | 3.31 | 3.20 | 3.11 | 12.58 | |
| CWIP | 0.00 | 0.00 | 0.74 | 1.70 | 2.49 | 4.02 | 5.49 | 6.16 | 8.99 | 8.99 | 8.99 | 0.00 |
| Investments | 0.00 | 0.00 | 0.12 | 0.07 | 0.07 | 0.08 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 |
| 2.91 | 3.95 | 5.75 | 13.90 | 10.86 | 10.25 | 10.36 | 10.14 | 6.28 | 7.03 | 7.45 | 6.79 | |
| Total Assets | 4.61 | 5.75 | 8.53 | 18.92 | 16.99 | 17.79 | 19.17 | 19.78 | 18.61 | 19.22 | 19.55 | 19.37 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.21 | 0.11 | 1.63 | 6.75 | -4.75 | 0.75 | 3.00 | 0.02 | 1.64 | 0.25 | 0.15 | 0.43 | |
| -1.60 | -0.13 | -1.45 | -2.60 | -1.43 | -1.57 | -1.57 | -2.61 | -1.73 | -0.36 | 0.14 | -0.51 | |
| 0.31 | -0.04 | 0.30 | 4.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -0.08 | -0.06 | 0.48 | 8.64 | -6.18 | -0.81 | 1.43 | -2.59 | -0.09 | -0.10 | 0.28 | -0.07 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 189.23 | 209.43 | 212.41 | 156.76 | 183.47 | 178.60 | 100.65 | 79.08 | 45.03 | 42.99 | 57.16 | 47.97 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 189.23 | 209.43 | 212.41 | 156.76 | 183.47 | 178.60 | 100.65 | 79.08 | 45.03 | 42.99 | 57.16 | 47.97 |
| Working Capital Days | 172.19 | 198.12 | 168.31 | -52.41 | 205.67 | 231.22 | 77.47 | 53.62 | 38.53 | 10.96 | -23.64 | -22.94 |
| ROCE % | 26.87% | 27.70% | 21.32% | 16.76% | 5.66% | -8.99% | -0.67% | 4.17% | -8.20% | -9.78% | 2.25% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Jul - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, we are forwarding herewith a copy of the Certificate dated 10th July …
-
Appointment of Company Secretary and Compliance Officer
26 Jun - Appointment of Mr. Muqeem Habeeb Shaikh as Company Secretary effective 26 June 2025.
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Board Meeting Outcome for Outcome Of Board Meeting For Approved The Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended 31St March, 2025
30 May - Octaware approved audited standalone and consolidated financial results for year ended March 31, 2025.
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Board Meeting Outcome for Board Meeting Outcome For Audited Standalone Financial Results For The Quarter & Year Ended 31St March 2025
30 May - Octaware Technologies approved audited standalone and consolidated financial results for FY ended March 31, 2025 with unmodified audit opinion.
-
Board Meeting Intimation for Board Meeting Intimation For To Consider, Approve And Take On Record The Un-Audited Standalone And Consolidated Financial Results For The Half & Financial Year Ended 31St March, 2025
27 May - Board meeting on May 30 to approve audited FY25 standalone and consolidated financial results.
Business Overview:[1]
OTL is a SEI-CMMI Level 3, ISO certified organization, serving corporate clients across the globe, including Fortune 500 companies. It is a software development, enterprise solution,
and consulting firm that provides a range of Information Technology (IT) solutions across various industries. The company also develops new applications and enhances the functionality of existing customer software products, ensuring scalable and secure digital transformation.