Austere Systems Ltd
Incorporated in 2013, Austere Systems Limited (ASL) is a software development company specializing in IT services and solutions for startups and enterprises.[1]
- Market Cap ₹ 58.2 Cr.
- Current Price ₹ 55.5
- High / Low ₹ 79.3 / 52.0
- Stock P/E 12.4
- Book Value ₹ 30.9
- Dividend Yield 0.00 %
- ROCE 42.3 %
- ROE 31.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -24.8%
- Company has high debtors of 170 days.
- Working capital days have increased from 90.6 days to 148 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 12.30 | 15.36 | 18.57 | 18.62 | 21.82 | |
| 10.85 | 12.46 | 12.36 | 12.81 | 15.34 | |
| Operating Profit | 1.45 | 2.90 | 6.21 | 5.81 | 6.48 |
| OPM % | 11.79% | 18.88% | 33.44% | 31.20% | 29.70% |
| 0.09 | 0.03 | 0.09 | 0.24 | 0.48 | |
| Interest | 0.02 | 0.02 | 0.10 | 0.15 | 0.14 |
| Depreciation | 0.49 | 0.49 | 0.66 | 0.51 | 0.48 |
| Profit before tax | 1.03 | 2.42 | 5.54 | 5.39 | 6.34 |
| Tax % | 26.21% | 25.21% | 25.09% | 25.42% | |
| 0.76 | 1.81 | 4.15 | 4.01 | 4.70 | |
| EPS in Rs | 760.00 | 1,810.00 | 4,150.00 | 5.24 | 5.38 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 74% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| Last Year: | 32% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 7.65 | 10.48 |
| Reserves | 3.12 | 4.93 | 8.99 | 8.62 | 21.87 |
| 0.01 | 0.79 | 0.44 | 0.48 | 0.37 | |
| 1.84 | 2.87 | 2.80 | 1.88 | 2.75 | |
| Total Liabilities | 4.98 | 8.60 | 12.24 | 18.63 | 35.47 |
| 1.34 | 1.94 | 1.44 | 1.11 | 1.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.64 | 6.66 | 10.80 | 17.52 | 34.39 | |
| Total Assets | 4.98 | 8.60 | 12.24 | 18.63 | 35.47 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1.30 | -0.02 | 2.73 | 0.51 | |
| -0.72 | -1.07 | -0.13 | 0.24 | |
| -0.51 | 0.76 | -0.43 | 3.26 | |
| Net Cash Flow | 0.06 | -0.33 | 2.17 | 4.01 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 43.33 | 105.03 | 132.08 | 170.35 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 43.33 | 105.03 | 132.08 | 170.35 |
| Working Capital Days | -3.26 | 40.87 | 82.55 | 148.39 |
| ROCE % | 55.02% | 74.36% | 42.31% |
Documents
Announcements
- Unaudited Standalone Financial Results For The Half Year Ended 30Th September 2025 14 Nov
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On 14Th November 2025
14 Nov - Approved H1 results (30Sep2025); IPO allotment 28.30 lakh shares @Rs55 totaling Rs1,565.5 lakh; listed Sep 12, 2025.
-
Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Standalone) Of The Company For The Half Year Ended 30Th September 2025
10 Nov - Board meeting on 14 Nov 2025 to approve unaudited standalone H1 results for period ended 30 Sep 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Regulation 74(5) certificate: no dematerialisation/rematerialisation requests for quarter ended 30 Sep 2025.
- Closure of Trading Window 30 Sep
Business Profile[1]
The company specializes in software development, SaaS, mobile apps, IT solutions, data analytics, AI, process automation, digital transformation, and document management. The company serves both global and Indian clients, focusing significantly on underserved rural markets in India by partnering with state governments and gram panchayats.