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 ₹ 55.0 Cr.
- Current Price ₹ 52.4
- High / Low ₹ 79.3 / 43.8
- Stock P/E 11.7
- Book Value ₹ 30.9
- Dividend Yield 0.38 %
- 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
- 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
-
Board Meeting Outcome for Declaration Of Interim Dividend At Rs. 0.20 Per Equity Share
27 Jan - Interim dividend Rs.0.20 per share declared; Company Secretary change effective 27 Jan 2026.
-
Board Meeting Intimation for Declaration Of Interim Dividend
22 Jan - Board meet 27 Jan 2026 to consider interim dividend; record date 11 Feb; Company Secretary resigned effective 20 Jan 2026.
- Intimation For Record Date 22 Jan
-
Closure of Trading Window
22 Jan - Board meeting 27 Jan 2026 to consider interim dividend; record date 11 Feb 2026; trading window closed.
-
Announcement under Regulation 30 (LODR)-Cessation
22 Jan - Ms. Shampa Juneja resigned as Company Secretary & Compliance Officer effective 20 January 2026.
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.