Identixweb Ltd
Incorporated in 2017, Identixweb Limited is a technology company specializing in Shopify app development and custom web solutions.[1]
- Market Cap ₹ 71.0 Cr.
- Current Price ₹ 68.0
- High / Low ₹ 90.9 / 55.0
- Stock P/E 13.8
- Book Value ₹ 30.9
- Dividend Yield 0.00 %
- ROCE 37.6 %
- ROE 26.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 70.5 to 112 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 - Software Computers - Software & Consulting
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 6.00 | 6.22 | 6.33 | 8.53 | 9.94 | |
| 5.08 | 4.05 | 2.87 | 2.45 | 2.84 | |
| Operating Profit | 0.92 | 2.17 | 3.46 | 6.08 | 7.10 |
| OPM % | 15.33% | 34.89% | 54.66% | 71.28% | 71.43% |
| 0.08 | 0.04 | 1.02 | 0.50 | 0.83 | |
| Interest | 0.02 | 0.07 | 0.05 | 0.00 | 0.01 |
| Depreciation | 0.17 | 0.25 | 0.80 | 0.79 | 0.70 |
| Profit before tax | 0.81 | 1.89 | 3.63 | 5.79 | 7.22 |
| Tax % | 7.41% | 26.98% | 25.34% | 29.02% | |
| 0.75 | 1.38 | 2.71 | 4.11 | 5.14 | |
| EPS in Rs | 750.00 | 193.01 | 3.68 | 5.58 | 5.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 76% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.07 | 7.36 | 7.36 | 10.44 |
| Reserves | 0.84 | 4.62 | 3.00 | 12.63 | 21.87 |
| 0.15 | 0.50 | 0.00 | 0.27 | 0.00 | |
| 0.28 | 0.97 | 1.64 | 2.19 | 3.79 | |
| Total Liabilities | 1.28 | 6.16 | 12.00 | 22.45 | 36.10 |
| 0.40 | 1.60 | 1.78 | 1.83 | 8.92 | |
| CWIP | 0.00 | 0.00 | 2.93 | 5.22 | 0.00 |
| Investments | 0.00 | 1.50 | 0.01 | 0.01 | 0.01 |
| 0.88 | 3.06 | 7.28 | 15.39 | 27.17 | |
| Total Assets | 1.28 | 6.16 | 12.00 | 22.45 | 36.10 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.55 | 1.53 | 3.46 | 2.82 | |
| -0.03 | -2.92 | -4.49 | -5.88 | |
| -0.49 | 2.76 | 2.28 | 5.78 | |
| Net Cash Flow | 0.03 | 1.37 | 1.25 | 2.72 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 28.83 | 112.11 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0.00 | 0.00 | 28.83 | 112.11 |
| Working Capital Days | 2.43 | 11.74 | -36.33 | 40.22 |
| ROCE % | 63.33% | 37.68% | 37.56% |
Documents
Announcements
- Unaudited Standalone And Consolidated Financial Results For The Half Year Ended On September 30, 2025 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On November 14, 2025.
14 Nov - Approved H1 Sep 30, 2025 results: standalone PAT Rs300.45L, consolidated PAT Rs259.81L; IPO proceeds Rs14.83Cr utilized.
-
Board Meeting Intimation for Meeting Of Board Of Identixweb Limited To Be Held On November 14, 2025.
3 Nov - Board meeting on Nov 14, 2025 to approve unaudited H1 (Sept 30, 2025) standalone and consolidated results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Oct - RTA certifies no physical share certificates received for dematerialisation for quarter ended Sep 30, 2025.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 27 Sep
Business Profile[1]
The company specializes in SaaS-based digital product solutions, primarily focusing on Shopify application development. Its key strengths include Shopify expertise, customer-centric solutions, and a global presence.