Fidel Softech Ltd
Incorporated in 2004, Fidel Softech Ltd
provides technology solutions & services
with local language delivery & support.
It specializes in Language Engineering,
Enterprise product services and Cloud Infrastructure services[1]
- Market Cap ₹ 248 Cr.
- Current Price ₹ 180
- High / Low ₹ 200 / 108
- Stock P/E 32.3
- Book Value ₹ 37.6
- Dividend Yield 1.25 %
- ROCE 22.2 %
- ROE 17.5 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 29.3%
- Company's working capital requirements have reduced from 86.8 days to 51.8 days
Cons
- Earnings include an other income of Rs.3.32 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.
Peer comparison
Information Technology Information Technology IT - Software Computers - Software & Consulting
Part of Nifty SME Emerge
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.00 | 8.90 | 11.95 | 14.04 | 14.55 | 22.38 | 25.71 | 26.31 | 33.37 | 40.09 | 54.81 | 48.99 | 45.14 | |
| Sales growth | +27.14% | +34.27% | +17.49% | +3.63% | +14.88% | +2.33% | +26.83% | +20.14% | +36.72% | -10.62% | -18.34% | ||
| 6.71 | 8.42 | 10.94 | 12.68 | 13.74 | 17.57 | 21.34 | 20.15 | 26.69 | 32.71 | 43.22 | 39.93 | 37.12 | |
| Operating Profit | 0.29 | 0.48 | 1.01 | 1.36 | 0.81 | 4.81 | 4.37 | 6.16 | 6.68 | 7.38 | 11.59 | 9.06 | 8.02 |
| OPM % | 4.14% | 5.39% | 8.45% | 9.69% | 5.57% | 21.49% | 17.00% | 23.41% | 20.02% | 18.41% | 21.15% | 18.49% | 17.77% |
| 0.04 | 0.01 | 0.04 | -0.22 | 0.00 | 0.43 | 0.49 | 0.56 | 0.87 | 0.94 | 1.03 | 4.13 | 3.32 | |
| Interest | 0.02 | 0.02 | 0.08 | 0.11 | 0.11 | 0.16 | 0.12 | 0.25 | 0.13 | 0.08 | 0.05 | 0.46 | 0.60 |
| Depreciation | 0.04 | 0.05 | 0.08 | 0.21 | 0.11 | 0.77 | 0.15 | 0.18 | 0.27 | 0.22 | 0.16 | 0.12 | 0.80 |
| Profit before tax | 0.27 | 0.42 | 0.89 | 0.82 | 0.59 | 4.31 | 4.59 | 6.29 | 7.15 | 8.02 | 12.41 | 12.61 | 9.94 |
| Tax % | 70.37% | 64.29% | 26.97% | 31.71% | 28.81% | 26.91% | 24.84% | 27.50% | 24.76% | 24.44% | 25.38% | 26.17% | |
| 0.08 | 0.14 | 0.65 | 0.56 | 0.43 | 3.15 | 3.45 | 4.57 | 5.39 | 6.06 | 9.26 | 9.30 | 7.38 | |
| EPS in Rs | 0.20 | 0.34 | 1.59 | 1.37 | 0.43 | 3.12 | 3.42 | 4.52 | 3.92 | 4.41 | 6.73 | 6.76 | 5.37 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 17.86% | 24.96% | 29.70% | 33.27% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 14% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 20% |
| 3 Years: | 16% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| 1 Year: | 25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 19% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 0.10 | 0.25 | 0.25 | 0.25 | 10.10 | 13.75 | 13.75 | 13.75 | 13.75 | 13.75 |
| Reserves | 0.70 | 0.84 | 1.49 | 2.05 | 2.47 | 6.61 | 10.06 | 4.78 | 18.65 | 23.75 | 31.50 | 38.05 | 38.00 |
| 0.82 | 1.06 | 1.26 | 1.10 | 1.17 | 0.23 | 0.71 | 1.62 | 0.00 | 0.00 | 0.00 | 14.84 | 13.63 | |
| 1.07 | 0.80 | 1.55 | 1.69 | 1.36 | 2.96 | 6.56 | 3.60 | 5.08 | 6.52 | 7.83 | 7.38 | 7.91 | |
| Total Liabilities | 2.69 | 2.80 | 4.40 | 4.94 | 5.25 | 10.05 | 17.58 | 20.10 | 37.48 | 44.02 | 53.08 | 74.02 | 73.29 |
| 0.11 | 0.10 | 0.38 | 0.20 | 0.13 | 0.76 | 0.25 | 0.14 | 0.32 | 0.18 | 0.16 | 1.56 | 2.91 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.15 | 1.57 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.34 | 0.00 | 0.00 | 0.00 | 0.01 | 1.14 | 3.59 | 1.99 | 14.16 | 15.67 | 22.30 | 28.30 | 23.28 |
| 2.24 | 2.70 | 4.02 | 4.59 | 3.54 | 8.15 | 13.74 | 17.97 | 23.00 | 28.17 | 30.62 | 44.16 | 47.10 | |
| Total Assets | 2.69 | 2.80 | 4.40 | 4.94 | 5.25 | 10.05 | 17.58 | 20.10 | 37.48 | 44.02 | 53.08 | 74.02 | 73.29 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.09 | -0.28 | 0.33 | 0.00 | 1.23 | 5.94 | 3.19 | -2.45 | 1.80 | 2.90 | 9.06 | 10.82 | |
| 0.22 | 0.30 | -0.32 | -0.18 | -1.47 | -4.40 | -4.42 | 1.99 | -11.53 | -0.11 | -3.88 | -22.82 | |
| 0.57 | 0.22 | 0.13 | -0.27 | 0.12 | -0.87 | 0.57 | 0.81 | 10.48 | -0.96 | -1.51 | 11.67 | |
| Net Cash Flow | -0.31 | 0.24 | 0.14 | -0.45 | -0.12 | 0.67 | -0.65 | 0.36 | 0.75 | 1.83 | 3.67 | -0.33 |
| Free Cash Flow | -1.10 | -0.32 | -0.03 | -0.18 | -0.23 | 5.49 | 3.00 | -2.52 | 1.36 | 2.81 | 8.92 | 9.29 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -269% | -46% | 35% | 29% | 175% | 146% | 141% | -17% | 41% | 71% | 105% | 155% |
Ratios
Standalone / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67.79 | 72.18 | 85.83 | 94.37 | 67.73 | 34.58 | 42.45 | 81.30 | 106.75 | 109.71 | 106.75 | 90.60 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 67.79 | 72.18 | 85.83 | 94.37 | 67.73 | 34.58 | 42.45 | 81.30 | 106.75 | 109.71 | 106.75 | 90.60 |
| Working Capital Days | 40.67 | 51.26 | 46.73 | 61.61 | 44.65 | -1.14 | -10.08 | 84.76 | 116.27 | 122.09 | 86.51 | 51.78 |
| ROCE % | 24.31% | 40.00% | 38.03% | 19.61% | 52.02% | 47.53% | 29.78% | 22.72% | 30.09% | 22.24% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Total Permanent Employees on Roll count |
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| New Customers Added count |
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| Revenue Share - APAC (including India & Japan) % |
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| Revenue Share - IT & Consulting Services % |
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| Revenue Share - Language Localization Services % |
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| Revenue Share - USA % |
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| Attrition Rate % |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- Fidel Softech Limited has informed about Transcript and Link of Recording
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Copy of Newspaper Publication
- Published audited Q2 and H1 FY2026 financial results in newspapers on 31 October 2026.
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Statement of deviation(s) or variation(s) under Reg. 32
- Fidel Softech reports IPO fund deviation for quarter ended Sep 30, 2026; Rs 1,349.76 lakh raised June 8, 2022.
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Investor Presentation
- Fidel Softech reported Q2 FY27 revenue of Rs 37.97 crore and PAT of Rs 3.60 crore, with 18 quarters growth.
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Agreements
- Fidel Softech to acquire 100% of Softenger India and Soft Data Middle Eastern IT Solutions LLC by 31 December 2026.
Annual reports
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Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
Concalls
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Nov 2026Transcript REC
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Oct 2026PPT REC
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Apr 2026Transcript PPT REC
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Oct 2025Transcript PPT
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Apr 2025Transcript PPT REC
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Nov 2024PPT
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Jul 2024Transcript REC
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May 2024Transcript PPT
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May 2024PPT
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Oct 2023Transcript PPT
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May 2023Transcript PPT
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May 2023Transcript
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Nov 2022Transcript
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Nov 2022Transcript PPT REC
Business Overview:[1]
FSL is an ISO certified company offering services in Technology Implementation, Localization, and Consulting/Staffing. It specializes in managing Japanese geography projects, implementing and supporting ServiceNow and Automation, providing deep localization expertise across 60+ languages, and delivering specialized consulting and staffing for complex project needs.