ITCONS E-Solutions Ltd
₹ 292
6.35%
09 Sep
- close price
About
Incorporated in 2007, ITCONS e-Solutions Ltd is in the business of Recruitment and staffing services[1]
Key Points
- Market Cap ₹ 263 Cr.
- Current Price ₹ 292
- High / Low ₹ 620 / 230
- Stock P/E 50.0
- Book Value ₹ 67.1
- Dividend Yield 0.05 %
- ROCE 13.1 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 131% CAGR over last 5 years
- Debtor days have improved from 124 to 97.0 days.
Cons
- Promoter holding has decreased over last quarter: -2.22%
- Company has a low return on equity of 12.0% over last 3 years.
- Earnings include an other income of Rs.2.01 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 8.34 | 8.32 | 18.18 | 28.29 | 28.50 | 55.98 | 87.74 | |
| 7.96 | 8.19 | 16.39 | 25.77 | 25.33 | 51.78 | 82.46 | |
| Operating Profit | 0.38 | 0.13 | 1.79 | 2.52 | 3.17 | 4.20 | 5.28 |
| OPM % | 4.56% | 1.56% | 9.85% | 8.91% | 11.12% | 7.50% | 6.02% |
| 0.01 | 0.10 | 0.02 | 0.13 | 0.23 | 1.11 | 2.01 | |
| Interest | 0.11 | 0.08 | 0.12 | 0.20 | 0.13 | 0.38 | 0.61 |
| Depreciation | 0.05 | 0.05 | 0.03 | 0.19 | 0.48 | 0.47 | 0.44 |
| Profit before tax | 0.23 | 0.10 | 1.66 | 2.26 | 2.79 | 4.46 | 6.24 |
| Tax % | 52.17% | 20.00% | 22.29% | 23.45% | 31.54% | 27.13% | 15.87% |
| 0.11 | 0.08 | 1.29 | 1.73 | 1.91 | 3.25 | 5.26 | |
| EPS in Rs | 96.49 | 70.18 | 1,131.58 | 3.44 | 3.80 | 5.80 | 5.84 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.58% | 2.57% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 46% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 131% |
| 3 Years: | 45% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 77% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 5.03 | 5.03 | 5.60 | 9.01 |
| Reserves | 0.96 | 1.03 | 2.22 | 7.13 | 8.90 | 31.51 | 51.41 |
| 1.49 | 1.36 | 1.06 | 0.06 | 1.77 | 3.74 | 3.43 | |
| 1.05 | 1.02 | 1.37 | 2.73 | 3.54 | 9.37 | 11.27 | |
| Total Liabilities | 3.51 | 3.42 | 4.66 | 14.95 | 19.24 | 50.22 | 75.12 |
| 0.10 | 0.08 | 0.05 | 0.32 | 1.31 | 1.55 | 7.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 |
| 3.41 | 3.34 | 4.61 | 14.63 | 17.93 | 48.46 | 67.97 | |
| Total Assets | 3.51 | 3.42 | 4.66 | 14.95 | 19.24 | 50.22 | 75.12 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -1.41 | 0.57 | -0.01 | -0.80 | -1.65 | -22.89 | -12.23 | |
| 0.69 | -0.15 | 0.00 | -0.45 | -1.25 | -0.73 | -5.71 | |
| 0.95 | -0.17 | -0.41 | 6.34 | 1.58 | 22.51 | 17.24 | |
| Net Cash Flow | 0.23 | 0.25 | -0.43 | 5.09 | -1.33 | -1.12 | -0.69 |
| Free Cash Flow | -1.42 | 0.54 | -0.01 | -1.26 | -3.12 | -23.56 | -18.27 |
| CFO/OP | -337% | 462% | 7% | -17% | -13% | -514% | -199% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 61.71 | 60.10 | 55.81 | 90.57 | 137.42 | 138.42 | 97.01 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 61.71 | 60.10 | 55.81 | 90.57 | 137.42 | 138.42 | 97.01 |
| Working Capital Days | 19.69 | 11.84 | 19.47 | 55.48 | 72.49 | 60.31 | 64.77 |
| ROCE % | 7.41% | 62.57% | 31.72% | 20.92% | 17.22% | 13.09% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Revenue Share - Manpower Sourcing Services & Skill Development % |
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| Total Headcount (Employees) number |
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| Active Customers number |
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| Client Retention Rate % |
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| Number of Office Locations number |
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| Permanent Employees on Rolls number |
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| Government Business Pipeline INR crore |
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Documents
Announcements
-
Intimation Regarding TDS On Dividend Proposed
- ITCONS announces Rs.0.15 final dividend, record date September 21, 2026, and TDS document requirements.
-
Letter Sent To Shareholders - Annual Report For FY 2025-26
- ITCONS sends FY2025-26 annual report link; 19th AGM on September 28, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement - Notice of 19th Annual General Meeting, Information on e-voting and Record date
-
Book Closure
- Record date set for final dividend on September 21, 2026; AGM on September 28, 2026.
- Record Date For The Purpose Of Payment Of Final Dividend On Equity Shares Of The Company For Financial Year 2025-26
Business Overview:[1][2]
ITCONS is a staffing and recruitment company specializing in IT consulting, general staffing, and permanent staffing solutions across various sectors. It provides SLA/KPI-based business solutions, project management support, and general staffing services to clients in India. The company is also exploring new verticals, including the green energy sector, and has entered the solar power segment by establishing power plants.