Sancode Technologies Ltd
Incorporated in 2016, Sancode Technologies Ltd provides technology development and technical/management consultancy services[1]
- Market Cap ₹ 44.6 Cr.
- Current Price ₹ 109
- High / Low ₹ 114 / 0.00
- Stock P/E 743
- Book Value ₹ 18.3
- Dividend Yield 0.00 %
- ROCE 0.81 %
- ROE 0.81 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 1.03% over last quarter.
Cons
- Stock is trading at 5.98 times its book value
- The company has delivered a poor sales growth of -0.65% over past five years.
- Company has a low return on equity of -2.26% over last 3 years.
- Company has high debtors of 328 days.
- Working capital days have increased from 1,756 days to 3,820 days
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 0.21 | 0.31 | 0.83 | 0.95 | 0.38 | 0.62 | 0.30 | |
| 1.04 | 1.31 | 0.37 | 0.21 | 0.30 | 1.81 | 0.61 | |
| Operating Profit | -0.83 | -1.00 | 0.46 | 0.74 | 0.08 | -1.19 | -0.31 |
| OPM % | -395.24% | -322.58% | 55.42% | 77.89% | 21.05% | -191.94% | -103.33% |
| 0.01 | 0.02 | 0.02 | 0.01 | 0.08 | 0.15 | 0.39 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 |
| Profit before tax | -0.83 | -0.99 | 0.47 | 0.75 | 0.16 | -1.06 | 0.06 |
| Tax % | 0.00% | 0.00% | 0.00% | 1.33% | -293.75% | 0.00% | 0.00% |
| -0.83 | -0.99 | 0.48 | 0.74 | 0.63 | -1.06 | 0.06 | |
| EPS in Rs | -38.30 | -45.69 | 22.15 | 34.15 | 2.12 | -2.61 | 0.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -32% |
| TTM: | -52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -57% |
| TTM: | 106% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 82% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | -2% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.22 | 0.22 | 0.22 | 0.22 | 2.97 | 4.07 | 4.07 |
| Reserves | -0.21 | 1.63 | 2.11 | 2.84 | 0.73 | 3.32 | 3.38 |
| 0.07 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | |
| 0.22 | 0.07 | 0.06 | 0.13 | 0.18 | 0.12 | 0.08 | |
| Total Liabilities | 0.30 | 1.93 | 2.40 | 3.20 | 3.88 | 7.51 | 7.53 |
| 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.10 | 0.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Investments | 0.03 | 0.43 | 1.49 | 2.13 | 2.12 | 2.12 | 1.64 |
| 0.26 | 1.49 | 0.90 | 1.07 | 1.75 | 5.29 | 5.81 | |
| Total Assets | 0.30 | 1.93 | 2.40 | 3.20 | 3.88 | 7.51 | 7.53 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 0.00 | 0.62 | 0.68 | -2.44 | -1.03 | |||
| 0.00 | -0.64 | 0.01 | -1.98 | 0.86 | |||
| 0.00 | 0.00 | 0.00 | 4.73 | 0.00 | |||
| Net Cash Flow | 0.00 | -0.02 | 0.69 | 0.31 | -0.17 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 11.77 | 321.02 | 361.16 | 0.00 | 88.31 | 328.50 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 121.67 | 11.77 | 321.02 | 361.16 | 0.00 | 88.31 | 328.50 |
| Working Capital Days | -399.76 | -70.65 | 290.24 | 330.42 | 28.82 | 1,418.79 | 3,820.33 |
| ROCE % | -102.06% | 22.38% | 27.73% | 4.73% | -18.94% | 0.81% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 21 Aug
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
19 Aug - EGM held 19 Aug 2025 to consider increase in authorized capital and issuance of 1,111,111 preferential warrants.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jul - Company has informed the stock exchange of publication of Notice of Extra-Ordinary General Meeting (''EGM'') in English and Vernacular (Marathi) newspaper, scheduled to be held …
- Notice Of Extra-Ordinary General Meeting Of Company 28 Jul
-
Board Meeting Outcome for For Approval Of Preferential Issue
24 Jul - Board approved Rs. 2 Cr capital increase and 11.11 lakh warrants issue at Rs.54 each, subject to shareholder approval.
Business Overview:[1][2]
a) SIL is a software and product development company offering an API enabled platform and solutions for organizations to adopt technology applications
b) Company helps organizations to drive digital transformation and competitive differentiation by providing them easy to implement pre-built business logic and solution workflows, specially for finance automations.
c) Itdevelops, provides, undertakes, designs, distributes and deals in Systems and application software, undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning and AI projects in all areas of application. This includes those in emerging segments like Internet and Intranet website applications, enterprise solutions software, resource
planning, e-commerce, value added
products and other business applications
for corporations across the globe.