Capillary Technologies India Ltd
Incorporated in 2012, Capillary Technologies India Ltd is a leading Indian software-as-a-service (SaaS) company that specializes in customer loyalty and engagement solutions.[1]
- Market Cap ₹ 4,178 Cr.
- Current Price ₹ 525
- High / Low ₹ 799 / 463
- Stock P/E 1,446
- Book Value ₹ 104
- Dividend Yield 0.00 %
- ROCE 0.93 %
- ROE 0.44 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 5.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of -3.16% over last 3 years.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 166 | 115 | 163 | 150 | 143 | 174 | 212 | |
| 159 | 101 | 162 | 213 | 162 | 141 | 172 | |
| Operating Profit | 7 | 14 | 1 | -63 | -19 | 33 | 39 |
| OPM % | 4% | 12% | 1% | -42% | -14% | 19% | 19% |
| 1 | 8 | -15 | 6 | 8 | 12 | 11 | |
| Interest | 3 | 2 | 5 | 9 | 16 | 7 | 4 |
| Depreciation | 5 | 4 | 3 | 24 | 25 | 35 | 43 |
| Profit before tax | 0 | 17 | -22 | -90 | -52 | 4 | 3 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 0 | 17 | -22 | -90 | -52 | 4 | 3 | |
| EPS in Rs | 0.90 | 71.57 | -4.43 | -17.03 | -7.15 | 0.48 | 0.36 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 12% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -30% |
| 3 Years: | 27% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | -3% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 10 | 11 | 15 | 15 | 16 |
| Reserves | 10 | 30 | 140 | 194 | 451 | 463 | 807 |
| 36 | 20 | 60 | 135 | 76 | 52 | 48 | |
| 38 | 29 | 57 | 115 | 51 | 63 | 94 | |
| Total Liabilities | 86 | 82 | 267 | 455 | 592 | 592 | 965 |
| 14 | 3 | 5 | 41 | 57 | 76 | 74 | |
| CWIP | 0 | 0 | 0 | 6 | 3 | 0 | 0 |
| Investments | 0 | 0 | 96 | 133 | 356 | 417 | 421 |
| 72 | 79 | 166 | 277 | 175 | 98 | 469 | |
| Total Assets | 86 | 82 | 267 | 455 | 592 | 592 | 965 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 1 | 15 | -20 | -43 | 46 | 52 | 38 | |
| -1 | -3 | -102 | -69 | -261 | -70 | -354 | |
| -1 | -8 | 122 | 144 | 234 | -31 | 325 | |
| Net Cash Flow | -2 | 5 | 0 | 32 | 18 | -50 | 9 |
| Free Cash Flow | -0 | 15 | -22 | -70 | -24 | 4 | -1 |
| CFO/OP | 32% | 39% | -1,479% | 72% | -244% | 166% | 109% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 171 | 256 | 195 | 111 | 93 | 132 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 87 | 171 | 256 | 195 | 111 | 93 | 132 |
| Working Capital Days | -7 | 78 | 90 | -126 | -49 | -104 | -55 |
| ROCE % | 37% | -1% | -29% | -8% | 2% | 1% |
Insights
In beta| Dec 2024 | Dec 2025 | |
|---|---|---|
| Employee Headcount Number |
|
|
| Net Revenue Retention (NRR) - Total % |
||
| Annual Recurring Revenue INR Million |
||
| Country Presence Number |
||
| Fortune 500 Customers Number |
||
| Global Offices Number |
||
| Inorganic Net Revenue Retention % |
||
| Number of Brands Number |
||
| Number of Consumers on the Platform Billion+ |
||
| Organic Net Revenue Retention % |
||
| Product Uptime % |
||
| Subscription Gross Margin % |
||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Capillary released Q4/FY26 earnings call transcript; FY26 revenue INR734 crore, SessionM closed May 1, FY27 revenue guidance INR1,000–1,050 crore.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
6 May - May 6, 2026 CRISIL report on Q4 FY26 IPO proceeds: Rs 188.43 million utilized, no deviation.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 May - Audio recording of Q4 FY26 earnings conference call posted on May 06, 2026.
Annual reports
No data available.
Concalls
-
May 2026Transcript PPT
-
Feb 2026Transcript PPT
-
Feb 2026TranscriptPPT REC
Business Profile[1]
Capillary is a global AI-driven, cloud-native SaaS loyalty and customer engagement solutions provider. It offers a comprehensive suite of products that help brands understand and engage their customers more effectively through data-driven insights.