Esconet Technologies Ltd
Incorporated in 2012, Esconet Technologies Ltd is a system integrator in the IT infrastructure, cloud computing, managed services and data security sectors[1]
- Market Cap ₹ 268 Cr.
- Current Price ₹ 203
- High / Low ₹ 446 / 150
- Stock P/E 38.9
- Book Value ₹ 52.6
- Dividend Yield 0.00 %
- ROCE 17.8 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.73%
- Earnings include an other income of Rs.2.90 Cr.
* 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.
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 | |
|---|---|---|---|---|---|
| 44 | 69 | 95 | 137 | 225 | |
| 44 | 67 | 89 | 128 | 217 | |
| Operating Profit | 0 | 2 | 6 | 10 | 8 |
| OPM % | 0% | 3% | 6% | 7% | 3% |
| -0 | -0 | 0 | 0 | 3 | |
| Interest | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | -1 | 1 | 4 | 7 | 9 |
| Tax % | -4% | -20% | 32% | 27% | 25% |
| -1 | 1 | 3 | 5 | 7 | |
| EPS in Rs | -13.04 | 9.39 | 39.50 | 4.29 | 5.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 64% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 109% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.77 | 0.77 | 0.77 | 12 | 13 |
| Reserves | 1 | 2 | 5 | 24 | 56 |
| 6 | 8 | 11 | 5 | 1 | |
| 9 | 16 | 12 | 33 | 46 | |
| Total Liabilities | 17 | 26 | 29 | 75 | 115 |
| 1 | 2 | 2 | 1 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 |
| 16 | 24 | 27 | 73 | 108 | |
| Total Assets | 17 | 26 | 29 | 75 | 115 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0 | 1 | -2 | -2 | 0 | |
| -1 | -1 | -0 | -1 | -5 | |
| -2 | 1 | 2 | 18 | 20 | |
| Net Cash Flow | -3 | -0 | 0 | 16 | 15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 72 | 82 | 49 | 102 | 87 |
| Inventory Days | 58 | 38 | 43 | 47 | 36 |
| Days Payable | 87 | 94 | 50 | 96 | 78 |
| Cash Conversion Cycle | 43 | 26 | 41 | 53 | 44 |
| Working Capital Days | 30 | 23 | 25 | 56 | 50 |
| ROCE % | 15% | 40% | 31% | 18% |
Documents
Announcements
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General Updates
7 November 2025 - Wholly owned subsidiary ZeaCloud's registered office shifted from Uttar Pradesh to Delhi; MCA certificate dated 7 Nov 2025.
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Structural Digital Database
15 October 2025 - SDD Compliance Certificate submitted for quarter ended 30 Sep 2025 (NSE: ESCONET).","checklist":["Review announcement for regulatory content and filing type","Assess materiality and potential investor impact","Classify priority …
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Bagging/Receiving of orders/contracts
14 October 2025 - Received order from Info Edge to supply and install 340 x86 servers worth ~₹20.06 Cr, delivery by December 2025.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
14 October 2025 - Corporate governance provisions not applicable for quarter and half-year ended 30 Sep 2025; voluntary report submitted.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 October 2025 - Confirmation certificate under SEBI Reg.74 from RTA for quarter ended 30 September 2025.
Business Overview:[1][2]
ETL is an ISO 9001, ISO 27001, ISO 20000-1, and ISO 14001 certified IT hardware and IT infrastructure company. It is a managed services and Integrator Cloud Service provider, and a manufacturer of Supercomputers.