ITCONS E-Solutions Ltd
₹ 348
0.09%
05 Jun
- close price
About
Incorporated in 2007, ITCONS e-Solutions Ltd is in the business of Recruitment and staffing services[1]
Key Points
- Market Cap ₹ 313 Cr.
- Current Price ₹ 348
- High / Low ₹ 620 / 230
- Stock P/E 59.5
- Book Value ₹ 67.1
- Dividend Yield 0.04 %
- 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.
- Promoter holding has increased by 7.74% over last quarter.
Cons
- 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% | 0.00% |
| 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: | 106% |
| 1 Year: | -30% |
| 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 | |
|---|---|---|---|---|---|
| Total Workforce (Contractual & Permanent Associates) Number |
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| Vertical Contribution: Manpower Sourcing & Skill Development INR Lakhs |
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| Vertical Contribution: Manpower Supply Services INR Lakhs |
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| Active Customer Base Number |
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| Geographic Presence (Major Offices) Count |
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| Client Retention Rate % |
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| Government Business Pipeline INR Crores |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2 Jun - ITCONS won 1-year SAI manpower contract for 6 resources worth ₹57.03 lakh, starting June 3, 2026.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2 Jun - ITCONS bagged Ministry of Ayush manpower outsourcing contract worth Rs 1.29 crore for 32 resources, June 2026-June 2027.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1 Jun - ITCONS wins ICMR manpower outsourcing contract for 33 resources worth ₹1.23 crore, starting June 2, 2026.
-
Statement Of Deviation And Variation
26 May - ITCONS reported no deviation in preferential warrant fund use; Rs.15.82 crore raised for strategic investment.
-
Announcement under Regulation 30 (LODR)-Change in Management
26 May - Board approved FY26 audited results, Rs.0.15 dividend, director changes, and 1,000 crore borrowing limits.
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.