Prodocs Solutions Ltd
Incorporated in March 2019, Prodocs Solutions Limited is engaged in the IT-enabled services (ITES/BPO) business, primarily operating in the non-voice BPO segment.[1]
- Market Cap ₹ 123 Cr.
- Current Price ₹ 175
- High / Low ₹ 254 / 141
- Stock P/E 15.4
- Book Value ₹ 67.2
- Dividend Yield 0.00 %
- ROCE 29.2 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 176% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 - Services IT Enabled Services
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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2.78 | 9.92 | 36.61 | 45.43 | 41.79 | 45.13 | |
| 2.70 | 9.68 | 34.61 | 41.04 | 34.60 | 33.21 | |
| Operating Profit | 0.08 | 0.24 | 2.00 | 4.39 | 7.19 | 11.92 |
| OPM % | 2.88% | 2.42% | 5.46% | 9.66% | 17.21% | 26.41% |
| 0.00 | 0.04 | 0.19 | 0.23 | 0.99 | 1.66 | |
| Interest | 0.00 | 0.00 | 0.28 | 0.40 | 0.95 | 2.01 |
| Depreciation | 0.00 | 0.02 | 0.21 | 0.48 | 0.81 | 1.25 |
| Profit before tax | 0.08 | 0.26 | 1.70 | 3.74 | 6.42 | 10.32 |
| Tax % | 37.50% | 26.92% | 11.76% | 15.24% | 20.56% | 22.19% |
| 0.05 | 0.18 | 1.50 | 3.16 | 5.11 | 8.02 | |
| EPS in Rs | 50.00 | 13.33 | 111.11 | 39.01 | 9.38 | 11.38 |
| Dividend Payout % | 0.00% | 0.00% | 0.93% | 2.56% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 75% |
| 3 Years: | 7% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 176% |
| 3 Years: | 75% |
| TTM: | 57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 32% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.14 | 0.14 | 0.81 | 5.45 | 7.05 |
| Reserves | 0.07 | 1.12 | 2.62 | 5.06 | 13.74 | 40.35 |
| 0.64 | 2.04 | 0.85 | 2.15 | 7.99 | 9.76 | |
| 0.16 | 1.89 | 4.04 | 5.03 | 7.90 | 7.49 | |
| Total Liabilities | 0.88 | 5.19 | 7.65 | 13.05 | 35.08 | 64.65 |
| 0.00 | 0.33 | 1.12 | 1.35 | 3.39 | 12.11 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.92 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.29 |
| 0.88 | 4.86 | 6.53 | 11.70 | 30.77 | 42.25 | |
| Total Assets | 0.88 | 5.19 | 7.65 | 13.05 | 35.08 | 64.65 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0.19 | 3.17 | 2.59 | 3.06 | -1.50 | ||
| -0.35 | -1.76 | -3.47 | -15.98 | -13.71 | ||
| 0.64 | -1.47 | 0.80 | 13.11 | 18.58 | ||
| Net Cash Flow | 0.11 | -0.07 | -0.08 | 0.19 | 3.37 | |
| Free Cash Flow | -0.19 | 2.17 | 1.88 | -0.71 | -10.56 | |
| CFO/OP | -200% | 166% | 74% | 59% | -10% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 51.21 | 89.78 | 20.74 | 35.35 | 81.93 | 0.00 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 51.21 | 89.78 | 20.74 | 35.35 | 81.93 | 0.00 |
| Working Capital Days | -10.50 | 32.38 | 9.47 | 43.79 | 160.62 | 148.90 |
| ROCE % | 12.94% | 57.31% | 71.20% | 41.88% | 29.24% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
29 May - Board approved Rahul Khubchandani & Co. as internal auditor for FY2026-27 on May 29, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
29 May - Board approved appointment of M/s. KRS AND CO as Secretarial Auditor for FY 2026-27.
-
Announcement Under Regulation 30-(Iv) Formulation Adoption And Implementation Of The Prodocs Solutions Employee Stock Option Scheme 2026 (ESOP Scheme 2026)
29 May - Board approved ESOP Scheme 2026 for up to 3,50,000 shares, subject to shareholder approval.
-
Announcement Under Regulation 30_Adoption Of New AOA
29 May - Board approved new Articles of Association on May 29, 2026, pending shareholder special resolution.
-
Board Meeting Outcome for Outcome Of The Board Meeting
29 May - Board approved FY26 audited results on May 29, 2026, recommended 10% dividend and ESOP Scheme 2026.
Annual reports
No data available.
Business Profile[1]
Prodocs Solutions Limited is an IT-enabled services (ITES/BPO) company focused primarily on non-voice outsourcing. It operates across title services, indexing, e-publishing, and other business services including finance & accounting and litigation support. The company has an in-house IT team that supports system integration, internal applications, and workflow tools.