Covance Softsol Ltd
Incorporated in 2023, Covance SoftSol Ltd provides services related to software development and information technology[1]
- Market Cap ₹ 70.5 Cr.
- Current Price ₹ 31.8
- High / Low ₹ 31.8 / 1.54
- Stock P/E 3.75
- Book Value ₹ 34.6
- Dividend Yield 0.00 %
- ROCE 11.4 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.92 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 292 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 11 | 28 | 43 | |
| 13 | 17 | 21 | |
| Operating Profit | -2 | 11 | 22 |
| OPM % | -18% | 38% | 51% |
| 8 | 7 | 6 | |
| Interest | 5 | 4 | 4 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 1 | 13 | 24 |
| Tax % | 46% | 21% | |
| 1 | 10 | 19 | |
| EPS in Rs | 4.64 | ||
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 157% |
| Compounded Profit Growth | |
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| TTM: | 512% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 15 | 15 |
| Reserves | 25 | 62 |
| 73 | 73 | |
| 5 | 21 | |
| Total Liabilities | 118 | 170 |
| 0 | 0 | |
| CWIP | 0 | 0 |
| Investments | 36 | 71 |
| 82 | 99 | |
| Total Assets | 118 | 170 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -8 | -6 | |
| 4 | 6 | |
| 0 | 0 | |
| Net Cash Flow | -4 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 106 | 292 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 106 | 292 |
| Working Capital Days | 229 | 215 |
| ROCE % | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement regarding the proposed Rights Issue of the fully paid-up Equity Shares of the Company
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Letter Of Offer For The Rights Issue Of Equity Shares Of The Company
26 Aug - Rights issue of up to 73,81,844 shares at ₹10 each, raising ₹738.18 lakh; opens Sept 8, 2025.
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To Determine The Eligible Shareholders For Rights Entitlement
22 Aug - Rights issue 73,81,844 shares at ₹10; raise ₹7.38 Cr; Record date Aug 29, 2025.
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Board Meeting Outcome for Approval Of Terms Of Rights Issue And Fixation Of Record Date By Rights Issue Committee Of The Board
22 Aug - Rights issue of 73,81,844 shares at ₹10 each totaling ₹7.38 crore; record date Aug 29, 2025.
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Board Meeting Intimation for Postponement Of Rights Issue Committee Meeting
21 Aug - Rights Issue Committee meeting postponed from August 21 to August 22, 2025 to decide issue price and terms.
Business Overview:[1][2]
CSL provides end-to-end solutions for data transformation, business process optimization, and enterprise applications using cloud, AI, ML, and data analytics. The company emphasizes intuitive UX/UI design and holds CMMi Level 3, ISO 9001, and ISO 27001 certifications. It is also an AWS and Microsoft Gold Certified Partner.