Docmode Health Technologies Ltd
Incorporated in 2017, Docmode Health Technologies Ltd is in the business of
offering integrated learning solutions
through online and offline learning
models for healthcare professionals[1]
- Market Cap ₹ 21.6 Cr.
- Current Price ₹ 68.8
- High / Low ₹ 125 / 36.9
- Stock P/E
- Book Value ₹ 26.3
- Dividend Yield 0.00 %
- ROCE -0.35 %
- ROE -21.7 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -16.6%
- Promoter holding is low: 30.9%
- Company has a low return on equity of 0.59% over last 3 years.
- Promoters have pledged or encumbered 40.3% of their holding.
- Company's cost of borrowing seems high
* 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
Consumer Discretionary Consumer Services Other Consumer Services E-Learning
Half Yearly 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 6.94 | 7.09 | 12.42 | 32.88 | 39.93 | 41.71 | 39.20 | |
| 6.55 | 6.22 | 10.52 | 29.14 | 38.05 | 42.40 | 38.97 | |
| Operating Profit | 0.39 | 0.87 | 1.90 | 3.74 | 1.88 | -0.69 | 0.23 |
| OPM % | 5.62% | 12.27% | 15.30% | 11.37% | 4.71% | -1.65% | 0.59% |
| 0.00 | 0.00 | 0.01 | 0.10 | 0.14 | 0.93 | 0.16 | |
| Interest | 0.01 | 0.19 | 0.38 | 1.13 | 1.65 | 1.91 | 1.67 |
| Depreciation | 0.05 | 0.04 | 0.02 | 0.02 | 0.02 | 0.30 | 0.27 |
| Profit before tax | 0.33 | 0.64 | 1.51 | 2.69 | 0.35 | -1.97 | -1.55 |
| Tax % | -6.06% | 14.06% | 38.41% | 27.88% | 42.86% | 3.05% | |
| 0.34 | 0.55 | 0.92 | 1.95 | 0.19 | -2.03 | -1.60 | |
| EPS in Rs | 8.50 | 0.60 | -6.46 | -5.09 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 50% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 1% |
| Last Year: | -22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.29 | 3.14 | 3.14 | 3.14 |
| Reserves | -0.10 | 0.46 | 1.38 | 1.19 | 7.24 | 5.21 | 5.12 |
| 0.02 | 1.06 | 4.84 | 8.48 | 9.18 | 6.82 | 7.45 | |
| 1.96 | 4.14 | 3.86 | 5.05 | 10.62 | 24.14 | 22.29 | |
| Total Liabilities | 1.89 | 5.67 | 10.09 | 17.01 | 30.18 | 39.31 | 38.00 |
| 0.05 | 0.03 | 0.06 | 0.05 | 0.97 | 1.22 | 14.07 | |
| CWIP | 0.10 | 0.12 | 0.44 | 2.03 | 8.50 | 11.60 | 0.00 |
| Investments | 0.00 | 0.10 | 1.25 | 1.20 | 1.26 | 1.29 | 1.30 |
| 1.74 | 5.42 | 8.34 | 13.73 | 19.45 | 25.20 | 22.63 | |
| Total Assets | 1.89 | 5.67 | 10.09 | 17.01 | 30.18 | 39.31 | 38.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.17 | -0.50 | -2.05 | -0.83 | 4.49 | 6.64 | |
| -0.20 | -0.13 | -1.52 | -1.57 | -7.55 | -3.67 | |
| 0.01 | 0.84 | 3.41 | 2.65 | 5.76 | -4.27 | |
| Net Cash Flow | -0.03 | 0.21 | -0.17 | 0.25 | 2.70 | -1.30 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0.53 | 70.01 | 112.26 | 92.03 | 104.85 | 80.86 |
| Inventory Days | 120.77 | 668.83 | 588.71 | |||
| Days Payable | 60.38 | 511.82 | 379.13 | |||
| Cash Conversion Cycle | 60.91 | 227.03 | 321.84 | 92.03 | 104.85 | 80.86 |
| Working Capital Days | -22.62 | 30.37 | 92.28 | 50.07 | 11.06 | -54.26 |
| ROCE % | 113.70% | 48.71% | 42.00% | 12.69% | -0.35% |
Documents
Announcements
-
Outcome of Board Meeting
3 December 2025 - Approved unaudited H1 results (30 Sep 2025): Revenue Rs1,784.68 lakh; loss Rs9.13 lakh; limited review.
-
Updates
24 November 2025 - Promoter Paulson invoked 44,403 pledged shares on 21/11/2025; post-encumbrance 2,25,059 shares (7.16%).
-
Disclosure of material issue
24 November 2025 - 24/11/2025: 44,403 promoter shares invoked to Varsha Mehta after Rs1,25,00,000 NCD default (invoked value Rs49,82,016.6).
-
Updates
24 November 2025 - Promoter Paulson sold 44,403 shares (1.41%) on 21/11/2025 for INR 49,82,016.6.
-
Updates
21 November 2025 - 24 Nov 2025 board meeting to approve H1 results postponed; trading window remains closed until 48 hours post-results.
Business Overview:[1]
DocMode is a healthcare technology company providing integrated learning solutions, cutting-edge practice tools, and comprehensive research platforms. DocMode's comprehensive product suite includes the DocMode LERN platform, which provides an online learning environment with resources and networking for 3.50 Lac+ healtcare professionals. Under this platform, company offers certification programs, national and international speaker programs, live inter active case-based quiz programs, and the Gapsule platform to bridge knowledge
gaps between the pharmaceutical industry, medical practitioners, and healthcare providers