ITCONS E-Solutions Ltd
₹ 301
-2.08%
19 Aug
- close price
About
Incorporated in 2007, ITCONS e-Solutions Ltd is in the business of Recruitment and staffing services[1]
Key Points
- Market Cap ₹ 271 Cr.
- Current Price ₹ 301
- High / Low ₹ 620 / 230
- Stock P/E 51.5
- 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: | 92% |
| 1 Year: | -40% |
| 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
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Ajay Rana appointed additional non-executive independent director for one year, subject to shareholder approval.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Shareholders approved Adit Mittal’s executive director role, Nikky Gupta’s reappointment, remuneration revision, and borrowing/loan limits.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- ITCONS won HAL manpower outsourcing contract worth ₹29.88 lakh for 6 resources from Aug 4, 2026 to Aug 3, 2028.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- ITCONS won ₹81.33 lakh manpower contract for 108 resources from Uttar Pradesh Revenue Department, July-December 2026.
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.