Sancode Technologies Ltd
Incorporated in 2016, Sancode Technologies Ltd provides technology development and technical/management consultancy services[1]
- Market Cap ₹ 166 Cr.
- Current Price ₹ 321
- High / Low ₹ 321 / 50.0
- Stock P/E 354
- Book Value ₹ 18.8
- Dividend Yield 0.00 %
- ROCE 6.56 %
- ROE 7.14 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 69.2 days to 53.5 days
Cons
- Stock is trading at 17.1 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%
- Company has a low return on equity of -6.54% over last 3 years.
- Company might be capitalizing the interest cost
* 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 | -52.15 | -2.31 | 40.15 | 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: | 76% |
| 1 Year: | 487% |
| 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/OP | 81% | 509% | 42% | -229% | 157% | -1,793% | 24% |
Ratios
Consolidated Figures in Rs. Crores / 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 | 53.50 |
| ROCE % | -12.40% | 14.44% | -7.56% | -35.31% | 7.07% | 6.56% |
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 ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
2d - Sancode Semi allotted 4,00,000 shares via rights issue; Sancode Technologies keeps 100% holding.
-
Announcement Under Reg 30 Of SEBI (LODR) For Receipt Of IP Approval Of Preferential Issue
2d - BSE grants in-principle approval for 23,25,582 warrants convertible into shares at ₹172+ each.
- Financial Result For Financial Year Ended On 31-03-2026 30 May
-
Board Meeting Outcome for For Approval Of Financial Result As On 31St March, 2026
30 May - Board approved audited FY26 standalone and consolidated results; Sanjana Shah reappointed internal auditor for FY27.
-
Board Meeting Intimation for Approval Of Standalone And Consolidated Audited Financial Results Of The Company For The Year Ended March 31, 2026
20 May - Board meeting on 30 May 2026 to approve FY2026 audited financial results; trading window already closed.
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.