Ksolves India Ltd
Incorporated in 2014, Ksolves India Ltd is involved in Other computer related activities including maintenance of websites of other
firms/ creation of multimedia presentations for other firms, etc.[1]
- Market Cap ₹ 615 Cr.
- Current Price ₹ 259
- High / Low ₹ 517 / 258
- Stock P/E 20.2
- Book Value ₹ 14.0
- Dividend Yield 5.98 %
- ROCE 157 %
- ROE 154 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 119% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 143%
- Company's working capital requirements have reduced from 44.2 days to 23.0 days
Cons
- Stock is trading at 18.5 times its book value
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 10 | 28 | 47 | 78 | 109 | 137 | 153 | |
| 9 | 16 | 27 | 45 | 62 | 89 | 109 | |
| Operating Profit | 1 | 12 | 20 | 33 | 47 | 48 | 44 |
| OPM % | 12% | 43% | 43% | 42% | 43% | 35% | 29% |
| 0 | 0 | 1 | 1 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
| Profit before tax | 1 | 12 | 21 | 33 | 46 | 46 | 41 |
| Tax % | 24% | 25% | 24% | 25% | 26% | 25% | |
| 1 | 9 | 16 | 25 | 34 | 34 | 30 | |
| EPS in Rs | 3.72 | 6.70 | 10.43 | 14.41 | 14.47 | 12.86 | |
| Dividend Payout % | 0% | 66% | 43% | 53% | 68% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 68% |
| 3 Years: | 43% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 119% |
| 3 Years: | 29% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 6% |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 136% |
| 3 Years: | 143% |
| Last Year: | 154% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 1 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 1 | 12 | 5 | 11 | 12 | 9 | 21 |
| 0 | 0 | 0 | 0 | 0 | 14 | 2 | |
| 1 | 4 | 7 | 12 | 16 | 21 | 20 | |
| Total Liabilities | 2 | 17 | 24 | 34 | 40 | 56 | 55 |
| 1 | 1 | 1 | 1 | 2 | 7 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 16 | 23 | 33 | 37 | 49 | 49 | |
| Total Assets | 2 | 17 | 24 | 34 | 40 | 56 | 55 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 1 | 5 | 10 | 21 | 33 | 34 | |
| -1 | -0 | 1 | -0 | -2 | -8 | |
| -0 | 3 | -12 | -19 | -33 | -23 | |
| Net Cash Flow | -0 | 8 | -1 | 2 | -1 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 47 | 72 | 71 | 54 | 56 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 0 | 47 | 72 | 71 | 54 | 56 |
| Working Capital Days | -19 | 49 | 69 | 61 | 49 | 23 |
| ROCE % | 165% | 140% | 170% | 199% | 157% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Q3 FY26 transcript: revenue INR42.3cr, 9M INR119.6cr, EBITDA 32.4%, interim dividend INR5, Australia subsidiary approved.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Dear Sir/Madam Please find attached herewith the newspaper publication of results for the quarter ended December 31, 2025. Thanks and Regards, Manisha Kide Company Secretary …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
20 Jan - Ksolves certified Great Place to Work, Jan 2026–Jan 2027; first-time applicant.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
20 Jan - Q3 FY26 investor conference call held Jan 20, 2026; audio transcript posted on company website. Checklist: - Identify announcement type and content - Evaluate materiality …
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Intimation Of Business Partnership With Gulf Consulting FZ LLE, UAE
20 Jan - Kingpin (Ksolves subsidiary) signed partner agreement with Gulf Consulting FZ LLE (UAE) on Jan 20, 2026 to expand in GCC.
Annual reports
Concalls
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Jan 2026TranscriptAI SummaryPPT
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Oct 2025Transcript PPT REC
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Oct 2024Transcript PPT
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Jul 2024Transcript PPT
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Jul 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Mar 2024TranscriptPPT
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Feb 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Jan 2023TranscriptAI SummaryPPT
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Dec 2022TranscriptAI SummaryPPT
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Mar 2022TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
Business Overview:[1]
Ksolves is a CMMi Level 3 software development firm providing services
to organizations as engineering and
technology partners. Its expertise
includes high-end technologies like
Big Data, Machine Learning, Artificial
Intelligence, Salesforce®, Odoo, DevOps, Penetration Testing, etc. The company
has completed 150+ software development projects covering the entire project life cycle