Sancode Technologies Ltd
Incorporated in 2016, Sancode Technologies Ltd provides technology development and technical/management consultancy services[1]
- Market Cap ₹ 725 Cr.
- Current Price ₹ 972
- High / Low ₹ 974 / 89.4
- Stock P/E 1,542
- Book Value ₹ 18.8
- Dividend Yield 0.00 %
- ROCE 6.55 %
- ROE 7.14 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 69.2 days to 53.3 days
Cons
- Stock is trading at 51.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -6.53% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -5.65%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0.13 | 1.56 | 2.44 | 1.55 | 4.76 | 13.81 | 15.76 | |
| 1.89 | 1.88 | 2.04 | 1.86 | 6.50 | 13.67 | 15.27 | |
| Operating Profit | -1.76 | -0.32 | 0.40 | -0.31 | -1.74 | 0.14 | 0.49 |
| OPM % | -1,353.85% | -20.51% | 16.39% | -20.00% | -36.55% | 1.01% | 3.11% |
| 0.30 | 0.04 | 0.66 | 0.34 | 0.09 | 0.43 | 0.11 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.02 |
| Depreciation | 0.01 | 0.01 | 0.00 | 0.00 | 0.02 | 0.09 | 0.06 |
| Profit before tax | -1.47 | -0.29 | 1.06 | 0.02 | -1.69 | 0.47 | 0.52 |
| Tax % | -23.13% | -10.34% | 0.94% | -2,350.00% | 3.55% | -80.85% | 7.69% |
| -1.13 | -0.05 | 1.05 | 0.50 | -1.75 | 0.85 | 0.48 | |
| EPS in Rs | -4.04 | -0.18 | 3.11 | 1.85 | -4.89 | 1.20 | 1.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 117% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 16% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 122% |
| 1 Year: | 469% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | -7% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.22 | 0.22 | 0.22 | 2.97 | 4.07 | 4.07 | 4.07 |
| Reserves | 1.98 | 2.01 | 2.02 | 0.06 | 1.74 | 1.47 | 3.56 |
| 0.01 | 0.65 | 0.16 | 0.06 | 0.38 | 1.46 | 1.85 | |
| 1.09 | 0.26 | 0.42 | 0.35 | 1.47 | 1.31 | 0.88 | |
| Total Liabilities | 3.30 | 3.14 | 2.82 | 3.44 | 7.66 | 8.31 | 10.36 |
| 0.04 | 0.02 | 0.02 | 0.02 | 0.19 | 0.19 | 0.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Investments | 0.10 | 0.09 | 0.15 | 0.01 | 1.68 | 1.21 | 1.37 |
| 3.16 | 3.03 | 2.65 | 3.40 | 5.79 | 6.91 | 8.84 | |
| Total Assets | 3.30 | 3.14 | 2.82 | 3.44 | 7.66 | 8.31 | 10.36 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -1.40 | -1.63 | 0.17 | 0.75 | -2.77 | -2.51 | 0.12 | |
| -0.09 | 0.39 | -0.05 | 0.13 | -1.83 | 0.87 | -0.15 | |
| 2.77 | 0.63 | -0.49 | -0.10 | 5.04 | 1.08 | 1.85 | |
| Net Cash Flow | 1.28 | -0.61 | -0.37 | 0.78 | 0.44 | -0.56 | 1.82 |
| Free Cash Flow | -1.41 | -1.63 | 0.17 | 0.74 | -2.95 | -2.52 | 0.11 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 81% | 509% | 42% | -229% | 157% | -1,793% | 24% |
Ratios
Consolidated / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 1,628.46 | 271.41 | 281.23 | 211.94 | 26.84 | 9.51 | 9.03 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 1,628.46 | 271.41 | 281.23 | 211.94 | 26.84 | 9.51 | 9.03 |
| Working Capital Days | -814.23 | 250.35 | 270.76 | 280.23 | 104.29 | 49.95 | 53.27 |
| ROCE % | -12.40% | 14.44% | -7.56% | -35.31% | 7.07% | 6.55% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| DSA Commission share of consolidated revenue % |
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| Number of permanent employees (standalone) employees ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026.
-
Appointment Of Chief Executive Officer (CEO) In Subsidiary Company I.E. Sancode SEMI Pvt Ltd
- Jerry A. Agnes appointed CEO of Sancode Semi from 15 Oct 2026 to lead Bhubaneswar OSAT facility.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- AGM voting results घोषित; all four resolutions passed, including director appointment and related party transaction approval.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- Sancode Technologies held its 10th AGM on 30 September 2026; approved accounts, director appointment, remuneration, and material RPT.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
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) It develops, 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.