Sahana Systems Ltd
Incorporated in 2012, Sahana System
Ltd is in the business of IT services, Digital Marketing, Software Development, and trading of Computer Hardware[1]
- Market Cap ₹ 1,060 Cr.
- Current Price ₹ 1,200
- High / Low ₹ 2,135 / 991
- Stock P/E 61.4
- Book Value ₹ 163
- Dividend Yield 0.08 %
- ROCE 24.0 %
- ROE 17.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 210% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.9%
Cons
- Stock is trading at 7.33 times its book value
- Company has high debtors of 181 days.
- Working capital days have increased from 97.7 days to 213 days
* 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 - Services IT Enabled Services
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 | |
---|---|---|---|---|---|---|
6 | 3 | 12 | 24 | 54 | 108 | |
6 | 2 | 9 | 14 | 35 | 84 | |
Operating Profit | 1 | 1 | 3 | 10 | 19 | 24 |
OPM % | 12% | 25% | 23% | 40% | 35% | 23% |
0 | 0 | 0 | 0 | 0 | 2 | |
Interest | 1 | 1 | 1 | 1 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
Profit before tax | 0 | 0 | 2 | 9 | 19 | 25 |
Tax % | 33% | 32% | 37% | 30% | 20% | 32% |
0 | 0 | 1 | 6 | 15 | 17 | |
EPS in Rs | 3.70 | 10.53 | 17.69 | 19.54 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 77% |
3 Years: | 107% |
TTM: | 102% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 210% |
3 Years: | 142% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 28% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 3 | 6 | 8 | 9 |
Reserves | 0 | 0 | 1 | 5 | 45 | 135 |
7 | 7 | 5 | 5 | 13 | 4 | |
2 | 0 | 5 | 9 | 23 | 23 | |
Total Liabilities | 8 | 8 | 14 | 24 | 89 | 172 |
0 | 0 | 0 | 0 | 0 | 17 | |
CWIP | 1 | 1 | 1 | 1 | 14 | 8 |
Investments | 0 | 0 | 0 | 0 | 15 | 45 |
8 | 7 | 13 | 23 | 59 | 102 | |
Total Assets | 8 | 8 | 14 | 24 | 89 | 172 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
-5 | -0 | -2 | 1 | 25 | -19 | |
4 | 0 | -0 | 0 | -36 | -44 | |
1 | 0 | 2 | -3 | 35 | 52 | |
Net Cash Flow | 0 | -0 | 0 | -2 | 25 | -11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 38 | 17 | 144 | 109 | 84 | 181 |
Inventory Days | 517 | 14,836 | 941 | |||
Days Payable | 127 | 129 | 365 | |||
Cash Conversion Cycle | 428 | 14,724 | 720 | 109 | 84 | 181 |
Working Capital Days | -42 | -56 | 103 | 144 | -63 | 213 |
ROCE % | 11% | 31% | 76% | 47% | 24% |
Documents
Announcements
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General Updates
4 September 2025 - 5th AGM on September 30, 2025 via VC; annual report link provided; letters dispatched to shareholders.
-
Copy of Newspaper Publication
4 September 2025 - Sahana System: Notice of 5th AGM via VC/OAVM and e-voting details published Sep 4, 2025.
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Shareholders meeting
3 September 2025 - AGM Sept 30, 2025; seeking approvals: borrowing ₹700Cr, loans ₹1000Cr, investments ₹1500Cr, RPTs up to ₹70Cr.
-
Copy of Newspaper Publication
2 September 2025 - Newspaper advertisement: 5th AGM on Sep 30, 2025 at 4:00 PM IST via VC/OAVM.
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Updates
30 August 2025 - Cut-off date fixed 23 Sep 2025 for remote e-voting for 5th AGM on 30 Sep 2025.
Annual reports
Concalls
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Nov 2024TranscriptPPTREC
Business Overview:[1]
SSL is a CMMI Level-5, ISO 9001, and ISO /IEC 27001 certified IT company which provides software solutions. Company also does trading
of hardware instruments related to the Franking Machines / Computers / LED / Laptops