ESDS Software Solution Ltd
ESDS delivers India's enterprise cloud,
GPU, data centre and AI infrastructure,
built in India and governed by Indian
law.[1]
- Market Cap ₹ 19,635 Cr.
- Current Price ₹ 1,672
- High / Low ₹ 1,864 / 746
- Stock P/E 159
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 30.2 %
- ROE 24.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 84.3% CAGR over last 5 years
Cons
* 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
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 172 | 195 | 208 | 287 | 361 | 472 | |
| 110 | 140 | 160 | 186 | 206 | 238 | |
| Operating Profit | 62 | 55 | 47 | 101 | 155 | 234 |
| OPM % | 36% | 28% | 23% | 35% | 43% | 50% |
| 2 | 3 | -0 | 6 | 15 | 8 | |
| Interest | 18 | 18 | 26 | 32 | 25 | 12 |
| Depreciation | 37 | 43 | 49 | 53 | 62 | 63 |
| Profit before tax | 9 | -2 | -28 | 22 | 83 | 167 |
| Tax % | 37% | 24% | -19% | 39% | 33% | 28% |
| 5 | -3 | -22 | 14 | 56 | 121 | |
| EPS in Rs | 10.51 | -0.30 | -2.42 | 1.35 | 5.54 | 11.98 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 32% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 84% |
| 3 Years: | 106% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 18% |
| Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 9 | 9 | 9 | 10 | 10 |
| Reserves | 181 | 197 | 201 | 217 | 408 | 534 |
| 116 | 215 | 179 | 259 | 127 | 96 | |
| 158 | 102 | 111 | 63 | 112 | 1,298 | |
| Total Liabilities | 460 | 523 | 501 | 548 | 656 | 1,938 |
| 211 | 306 | 208 | 322 | 353 | 388 | |
| CWIP | 5 | 0 | -0 | -0 | -0 | 4 |
| Investments | -0 | -0 | -0 | -0 | 4 | 5 |
| 244 | 217 | 293 | 225 | 299 | 1,541 | |
| Total Assets | 460 | 523 | 501 | 548 | 656 | 1,938 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 49 | 16 | 55 | 57 | 163 | 1,368 | |
| -57 | -69 | -54 | -1 | -112 | -130 | |
| 22 | 74 | -19 | -71 | 7 | -45 | |
| Net Cash Flow | 14 | 21 | -18 | -15 | 58 | 1,193 |
| Free Cash Flow | -7 | -44 | 19 | 34 | 49 | 1,243 |
| CFO/OP | 71% | 47% | 131% | 49% | 108% | 594% |
Ratios
Consolidated / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 99 | 183 | 100 | 154 | 145 | 128 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 99 | 183 | 100 | 154 | 145 | 128 |
| Working Capital Days | -117 | -61 | 50 | 108 | 84 | -806 |
| ROCE % | 4% | 1% | 12% | 21% | 30% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of The Board Meeting
- ESDS approved Q1FY27 standalone/consolidated results; listed on BSE/NSE on September 4, 2026; unmodified review report.
-
Extension Of Time For Holding The Annual General Meeting For FY 2025-26
- ROC approved AGM extension for FY 2025-26 until November 30, 2026.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform you that a conference call with the Investors and Analysts is …
-
Board Meeting Intimation for Intimation Under Regulation 29 Of SEBI (LODR) Regulations, 2015, (The 'SEBI Listing Regulations, 2015')
- Board meeting on September 24, 2026 to approve Q1 FY2027 standalone and consolidated results.
-
Closure of Trading Window
- Trading window closes from September 22, 2026 until 48 hours after June quarter results.
Business Overview: [1]
ESDS Software Solution, incorporated
in 2005, provides AI-enabled cloud,
managed services, data centre infra
structure and software solutions. The
business is organised into 3 service lines: Infrastructure as a Service (IaaS), Managed Services and Software as a Service (SaaS).
Its customer base spans BFSI, Government
and PSUs, and enterprises. ESDS was one
of only 2 players in India offering cloud, managed services, data centre infrastructure and software solutions across the entire spectrum.