Sancode Technologies Ltd
Incorporated in 2016, Sancode Technologies Ltd provides technology development and technical/management consultancy services[1]
- Market Cap ₹ 368 Cr.
- Current Price ₹ 494
- High / Low ₹ 494 / 89.4
- Stock P/E 5,260
- Book Value ₹ 22.1
- Dividend Yield 0.00 %
- ROCE 0.85 %
- ROE 0.85 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 22.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.98%
- The company has delivered a poor sales growth of -13.2% over past five years.
- Company has a low return on equity of -4.67% over last 3 years.
- Company has high debtors of 276 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 0.21 | 0.31 | 0.83 | 0.95 | 0.38 | 0.62 | 0.30 | 0.41 | |
| 1.04 | 1.31 | 0.37 | 0.21 | 0.30 | 1.81 | 0.61 | 0.71 | |
| Operating Profit | -0.83 | -1.00 | 0.46 | 0.74 | 0.08 | -1.19 | -0.31 | -0.30 |
| OPM % | -395.24% | -322.58% | 55.42% | 77.89% | 21.05% | -191.94% | -103.33% | -73.17% |
| 0.01 | 0.02 | 0.02 | 0.01 | 0.08 | 0.15 | 0.39 | 0.39 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 |
| Profit before tax | -0.83 | -0.99 | 0.47 | 0.75 | 0.16 | -1.06 | 0.06 | 0.07 |
| Tax % | 0.00% | 0.00% | 0.00% | 1.33% | -293.75% | 0.00% | 0.00% | 0.00% |
| -0.83 | -0.99 | 0.48 | 0.74 | 0.63 | -1.06 | 0.06 | 0.07 | |
| EPS in Rs | -38.30 | -45.69 | 22.15 | 34.15 | 2.12 | -2.61 | 0.15 | 0.17 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -13% |
| 3 Years: | 3% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -32% |
| 3 Years: | -52% |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 99% |
| 1 Year: | 458% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -5% |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.22 | 0.22 | 0.22 | 0.22 | 2.97 | 4.07 | 4.07 | 4.07 |
| Reserves | -0.21 | 1.63 | 2.11 | 2.84 | 0.73 | 3.32 | 3.38 | 4.93 |
| 0.07 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.22 | 0.07 | 0.06 | 0.13 | 0.18 | 0.12 | 0.09 | 0.12 | |
| Total Liabilities | 0.30 | 1.93 | 2.40 | 3.20 | 3.88 | 7.51 | 7.54 | 9.12 |
| 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.10 | 0.08 | 0.07 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Investments | 0.03 | 0.43 | 1.49 | 2.13 | 2.12 | 2.12 | 1.64 | 1.65 |
| 0.26 | 1.49 | 0.90 | 1.07 | 1.75 | 5.29 | 5.82 | 7.40 | |
| Total Assets | 0.30 | 1.93 | 2.40 | 3.20 | 3.88 | 7.51 | 7.54 | 9.12 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.62 | 0.68 | -2.44 | -1.03 | -0.24 | |||
| 0.00 | -0.64 | 0.01 | -1.98 | 0.86 | 0.30 | |||
| 0.00 | 0.00 | 0.00 | 4.73 | 0.00 | 1.48 | |||
| Net Cash Flow | 0.00 | -0.02 | 0.69 | 0.31 | -0.17 | 1.54 | ||
| Free Cash Flow | 0.00 | 0.62 | 0.67 | -2.54 | -1.03 | -0.25 | ||
| CFO/OP | 0% | 85% | 850% | 208% | 332% | 80% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 11.77 | 321.02 | 361.16 | 0.00 | 88.31 | 328.50 | 275.98 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 121.67 | 11.77 | 321.02 | 361.16 | 0.00 | 88.31 | 328.50 | 275.98 |
| Working Capital Days | -399.76 | -70.65 | 290.24 | 330.42 | 28.82 | 1,418.79 | 3,832.50 | 3,035.73 |
| ROCE % | -102.06% | 22.38% | 27.73% | 4.73% | -18.94% | 0.00% | 0.85% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Domestic sales share of consolidated revenue % |
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| DSA Commission share of consolidated revenue % |
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| Number of permanent employees (standalone) employees |
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Extracted by Screener AI
Documents
Announcements
-
Announcement Under Regulation 30 (LODR)
- Sancode Semi allotted 12,647 CCPS; raised Rs 107 crore for OSAT project, Sancode holding 95.74%.
-
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
- Trinity Gate LLC received 14,90,387 shares on 24 July 2026, holding 19.99% in Sancode Technologies.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
-
Announcement under Regulation 30 (LODR)-Allotment
- Board allotted 22.76 lakh shares at Rs172 on warrant conversion, raising Rs39.14 crore.
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.