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 ₹ 892 Cr.
- Current Price ₹ 1,009
- High / Low ₹ 1,730 / 685
- Stock P/E 14.1
- Book Value ₹ 228
- Dividend Yield 0.10 %
- ROCE 42.1 %
- ROE 30.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.4%
Cons
- Company has high debtors of 193 days.
- Working capital days have increased from 99.0 days to 181 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 24 | 69 | 167 | 229 | |
| 14 | 46 | 111 | 155 | |
| Operating Profit | 10 | 23 | 56 | 74 |
| OPM % | 40% | 34% | 34% | 32% |
| 0 | 0 | 2 | 6 | |
| Interest | 1 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 1 | 4 |
| Profit before tax | 9 | 23 | 56 | 74 |
| Tax % | 30% | 21% | 30% | |
| 6 | 18 | 39 | 53 | |
| EPS in Rs | 10.53 | 21.42 | 40.14 | 71.45 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 135% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 127% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| Last Year: | 31% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 6 | 8 | 9 | 9 |
| Reserves | 5 | 48 | 167 | 193 |
| 5 | 13 | 12 | 14 | |
| 9 | 27 | 60 | 71 | |
| Total Liabilities | 24 | 96 | 248 | 287 |
| 0 | 13 | 37 | 51 | |
| CWIP | 1 | 14 | 17 | 2 |
| Investments | 0 | 8 | 21 | 18 |
| 23 | 61 | 173 | 217 | |
| Total Assets | 24 | 96 | 248 | 287 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 1 | 34 | -48 | |
| 0 | -22 | -35 | |
| -3 | 13 | 79 | |
| Net Cash Flow | -2 | 26 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 109 | 106 | 193 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 109 | 106 | 193 |
| Working Capital Days | 144 | -27 | 181 |
| ROCE % | 55% | 42% |
Documents
Announcements
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Giving guarantees/indemnity/ becoming a surety for third party
28 February 2026 - Sahana System Limited has informed about giving Corporate Guarantee on behalf of Sahana Defence Limited (Formerly known as Softvan Limited ), Subsidiary of the Company.
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General Updates
28 February 2026 - Board approved appointments, reconstituted committees, ₹15 crore corporate guarantee, and proposed SSA for subsidiary equity; meeting dated 28 Feb 2026.
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Outcome of Board Meeting
28 February 2026 - Board appointed Dipak Patel WTD (28 Feb 2026–27 Feb 2031), Bhavika Somani Independent; ₹15 crore guarantee; SSA for subsidiary investor.
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Press Release
26 February 2026 - Subsidiary Sahana Defence awarded ₹24.69 Crore CEL order for RF/radar drone detection and 5-year AMC.
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General Updates
25 February 2026 - Incorporated Sahana System INC (WOS) in New York on 24 Feb 2026; subscribed 1,000 shares totaling USD 100.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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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