Logiciel Solutions Ltd
Incorporated in July 2011, Logiciel Solution Limited is an outsourced software development partner, delivering end-to-end custom technology solutions to startups and enterprises around the world.[1]
- Market Cap ₹ 26.6 Cr.
- Current Price ₹ 35.6
- High / Low ₹ 154 / 30.0
- Stock P/E 11.3
- Book Value ₹ 73.1
- Dividend Yield 0.00 %
- ROCE 8.48 %
- ROE 6.00 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.49 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1.95 Cr.
- Company has high debtors of 244 days.
- Working capital days have increased from 174 days to 281 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 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 13.92 | 16.94 | 20.91 | 20.73 | |
| 11.37 | 10.69 | 12.72 | 18.56 | |
| Operating Profit | 2.55 | 6.25 | 8.19 | 2.17 |
| OPM % | 18.32% | 36.89% | 39.17% | 10.47% |
| 0.17 | 0.16 | 0.29 | 1.95 | |
| Interest | 0.07 | 0.12 | 0.07 | 0.00 |
| Depreciation | 0.90 | 0.96 | 0.85 | 0.80 |
| Profit before tax | 1.75 | 5.33 | 7.56 | 3.32 |
| Tax % | 23.43% | 25.52% | 27.65% | 29.52% |
| 1.34 | 3.97 | 5.47 | 2.35 | |
| EPS in Rs | 1,340.00 | 3,970.00 | 9.47 | 3.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | -57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 5.77 | 7.47 |
| Reserves | 5.68 | 9.65 | 17.95 | 47.10 |
| 0.52 | 0.52 | 0.02 | 0.00 | |
| 2.37 | 2.80 | 3.66 | 3.46 | |
| Total Liabilities | 8.58 | 12.98 | 27.40 | 58.03 |
| 3.18 | 3.23 | 2.99 | 11.96 | |
| CWIP | 0.00 | 0.00 | 0.14 | 0.27 |
| Investments | 0.59 | 0.01 | 0.01 | 0.00 |
| 4.81 | 9.74 | 24.26 | 45.80 | |
| Total Assets | 8.58 | 12.98 | 27.40 | 58.03 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 2.25 | -1.31 | -1.65 | -3.03 | |
| -0.78 | -1.00 | -0.59 | -26.28 | |
| -0.11 | -0.04 | 8.06 | 28.48 | |
| Net Cash Flow | 1.37 | -2.34 | 5.82 | -0.83 |
| Free Cash Flow | 1.46 | -2.32 | -2.39 | -4.01 |
| CFO/OP | 109% | 1% | 4% | -95% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 3.41 | 74.55 | 183.11 | 243.51 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 3.41 | 74.55 | 183.11 | 243.51 |
| Working Capital Days | -18.62 | 52.57 | 188.17 | 281.19 |
| ROCE % | 64.67% | 44.99% | 8.48% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
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| Employee Attrition Rate % |
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| Geographic Revenue Share - USA % |
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| Industry Vertical Share - Home Improvement & Construction % |
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| Revenue Concentration - Top 1 Customer % |
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| Revenue Concentration - Top 10 Customers % |
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| Revenue Share - Dedicated Teams Model % |
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| Revenue Share - Fixed Price % |
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| Total Headcount Number |
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Extracted by Screener AI
Documents
Announcements
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SUBMISSION OF STATEMENT OF DEVIATION OR VARIATION UNDER REGULATION 32 OF SEBI (LODR) REGULATIONS 2015
30 May - Reported NIL deviation in IPO fund use for quarter ended 31 March 2026; ₹39.9 crore fully utilised.
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Audited Financial Results For 31-03-2026.
30 May - Board approved FY26 audited results on 30 May 2026; profit fell to ₹234.95 lakh, unmodified audit opinion.
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Board Meeting Outcome for OUTCOME OF BOARD MEETING COMMENCED ON FRIDAY MAY 29 2026 AND CONCLUDED ON SATURDAY MAY 30 2026 (FOLLOWING AN ADJOURNMENT DUE TO TECHNICAL ISSUES IN AFFIXING DIGITAL SIGNATURE CERTIFICATES
30 May - Board approved FY26 audited results; profit fell to ₹234.95 lakh, with unmodified auditor opinion.
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Board Meeting Outcome for OUTCOME OF THE BOARD MEETING COMMENCED ON FRIDAY MAY 29 2026 AND CONCLUDED TODAY SATURDAY MAY 30 2026 (FOLLOWING AN ADJOURNMENT DUE TO TECHNICAL ISSUES IN AFFIXING DIGITAL SIGNATURE CERTIFICATES
30 May - Board approved FY26 audited results; profit Rs 234.95 lakh, revenue Rs 2,073.17 lakh.
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Board Meeting Intimation for Adjournment Of Board Meeting Held On 29Th May 2026 For Approval Of Financial Results
29 May - Board meeting for FY26 audited results adjourned to 30 May 2026, 11:30 A.M. بسبب DSC technical issue.
Business Profile[1]
Logiciel Solutions Limited is an software development company specializing in building custom, scalable, cloud-native digital platforms for global clients. The company operates primarily from its development center in Ludhiana, with a remote engineering workforce across India.