Sotefin Bharat Ltd
Incorporated in 2012, Sotefin Bharat
is engaged in the business of providing mechanised and automated parking
solutions, offering comprehensive
turnkey services.[1]
- Market Cap ₹ 454 Cr.
- Current Price ₹ 250
- High / Low ₹ 314 / 197
- Stock P/E 22.5
- Book Value ₹ 94.3
- Dividend Yield 0.00 %
- ROCE 31.2 %
- ROE 24.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 235 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 Software Products
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 | |
|---|---|---|---|---|
| 37 | 56 | 94 | 117 | |
| Sales growth | +51% | +67% | +24% | |
| 30 | 46 | 75 | 88 | |
| Operating Profit | 8 | 10 | 18 | 28 |
| OPM % | 20% | 18% | 20% | 24% |
| 0 | 1 | 0 | 1 | |
| Interest | 2 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 2 |
| Profit before tax | 6 | 9 | 16 | 25 |
| Tax % | 30% | 27% | 30% | 31% |
| 4 | 6 | 11 | 17 | |
| EPS in Rs | 3.64 | 5.68 | 8.91 | 13.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 13 | 18 |
| Reserves | 21 | 27 | 55 | 71 | 153 |
| 17 | 19 | 12 | 24 | 9 | |
| 8 | 14 | 30 | 21 | 20 | |
| Total Liabilities | 46 | 61 | 99 | 129 | 200 |
| 10 | 10 | 13 | 32 | 39 | |
| CWIP | 1 | 3 | 12 | 3 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 36 | 48 | 74 | 94 | 161 | |
| Total Assets | 46 | 61 | 99 | 129 | 200 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -4 | 1 | 4 | -7 | |
| -2 | -2 | -13 | -13 | |
| 7 | 0 | 9 | 19 | |
| Net Cash Flow | 1 | -0 | 0 | 0 |
| Free Cash Flow | -5 | -0 | -9 | -19 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -45% | 24% | 41% | -3% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 163 | 239 | 218 | 235 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 163 | 239 | 218 | 235 |
| Working Capital Days | 98 | 101 | 131 | 158 |
| ROCE % | 24% | 32% | 31% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Filed monitoring agency report for quarter ended September 30, 2026 on IPO proceeds utilization.
-
Statement Of Deviation / Variation For The Half Year Ended On 30Th September, 2026
- Q2 FY27 IPO proceeds utilisation shows no deviation; ₹89.76 crore raised, ₹38.64 crore utilised by Sept. 30, 2026.
-
Unaudited Financial Results For The Half Year Ended September 30, 2026
- Board approved H1 FY27 unaudited results and appointed internal auditor for FY27-28.
-
Board Meeting Outcome for Outcome Of Board Meeting
- Board approved H1 FY27 results, PAT ₹785.07 lakh, appointed internal auditor, and reported no IPO fund deviation.
- Board Meeting Intimation for 01. To Consider, Approve And Take On Record, The Unaudited Financial Results Of The Company Along With Auditor'S Limited Review Report For The Half Year Ended September 30, 2026. 02. To Consider Any Other Matter With The Permission Of The Chairman.
Business Profile:[1]
Sotefin Bharat is engaged in the design, manufacturing, installation, commissioning
and maintenance of mechanised and automated parking systems. The company provides end-to-end turnkey parking solutions integrating Swiss automated parking technology with indigenous manufacturing capabilities.