Sasken Technologies Ltd
Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.
Located in India, the company has presence all over the world
- Market Cap ₹ 2,505 Cr.
- Current Price ₹ 1,649
- High / Low ₹ 2,785 / 991
- Stock P/E 34.0
- Book Value ₹ 563
- Dividend Yield 1.52 %
- ROCE 9.90 %
- ROE 7.00 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 64.5%
Cons
- Stock is trading at 2.97 times its book value
- Company has a low return on equity of 7.61% over last 3 years.
* 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
Part of BSE Information Technology BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 428 | 483 | 467 | 503 | 504 | 492 | 445 | 434 | 447 | 406 | 551 | 1,113 | 1,179 | |
| 745 | 436 | 417 | 434 | 433 | 404 | 314 | 305 | 346 | 376 | 528 | 1,025 | 1,073 | |
| Operating Profit | -317 | 47 | 50 | 69 | 71 | 88 | 131 | 129 | 101 | 31 | 23 | 88 | 106 |
| OPM % | -74% | 10% | 11% | 14% | 14% | 18% | 29% | 30% | 23% | 8% | 4.2% | 8% | 9% |
| 544 | 249 | 53 | 36 | 46 | 36 | 29 | 35 | 30 | 71 | 56 | 30 | 32 | |
| Interest | 0 | 0 | -0 | -0 | -0 | 1 | 0 | 0 | 0 | 0 | 3 | 4 | 4 |
| Depreciation | 11 | 7 | 7 | 6 | 7 | 11 | 10 | 7 | 7 | 7 | 14 | 39 | 41 |
| Profit before tax | 216 | 290 | 96 | 100 | 111 | 112 | 149 | 158 | 124 | 94 | 62 | 76 | 93 |
| Tax % | 45% | 29% | 12% | 17% | 18% | 30% | 23% | 19% | 20% | 16% | 19% | 23% | |
| 120 | 206 | 85 | 82 | 90 | 79 | 115 | 128 | 99 | 79 | 51 | 59 | 72 | |
| EPS in Rs | 56.01 | 116.42 | 49.50 | 48.17 | 52.85 | 52.38 | 76.11 | 85.21 | 66.09 | 52.21 | 33.25 | 35.51 | 45.70 |
| Dividend Payout % | 48% | 27% | 14% | 21% | 24% | 105% | 33% | 29% | 38% | 48% | 75% | 70% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 20% |
| 3 Years: | 36% |
| TTM: | 68% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -13% |
| 3 Years: | -15% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 4% |
| 3 Years: | 15% |
| 1 Year: | 19% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 11% |
| 3 Years: | 8% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 18 | 17 | 17 | 17 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 426 | 481 | 544 | 604 | 681 | 460 | 550 | 638 | 704 | 754 | 773 | 840 |
| 1 | 1 | -0 | -0 | -0 | 4 | -0 | 0 | 3 | 8 | 26 | 28 | |
| 111 | 137 | 101 | 113 | 96 | 144 | 104 | 117 | 100 | 149 | 145 | 283 | |
| Total Liabilities | 559 | 638 | 662 | 734 | 794 | 623 | 669 | 771 | 823 | 926 | 958 | 1,166 |
| 42 | 40 | 38 | 37 | 40 | 44 | 34 | 34 | 39 | 48 | 76 | 353 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 10 | 1 | 0 |
| Investments | 195 | 351 | 374 | 459 | 510 | 340 | 412 | 539 | 582 | 632 | 591 | 277 |
| 321 | 246 | 250 | 237 | 243 | 239 | 222 | 198 | 202 | 236 | 290 | 536 | |
| Total Assets | 559 | 638 | 662 | 734 | 794 | 623 | 669 | 771 | 823 | 926 | 958 | 1,166 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 191 | 249 | 28 | 79 | 20 | 112 | 119 | 107 | 71 | 59 | -57 | -23 | |
| -137 | -79 | 18 | -54 | -28 | 171 | -98 | -70 | -27 | 6 | 84 | 95 | |
| -65 | -174 | -31 | -18 | -18 | -282 | -17 | -39 | -37 | -39 | -46 | -49 | |
| Net Cash Flow | -11 | -4 | 15 | 6 | -26 | 1 | 5 | -2 | 8 | 26 | -19 | 24 |
| Free Cash Flow | 188 | 245 | 24 | 73 | 11 | 97 | 118 | 101 | 64 | 52 | -67 | -35 |
| CFO/OP | -89% | 687% | 93% | 133% | 48% | 121% | 103% | 95% | 80% | 205% | -253% | -29% |
Ratios
Consolidated / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 73 | 61 | 57 | 60 | 69 | 55 | 69 | 59 | 59 | 71 | 57 |
| Inventory Days | 55 | |||||||||||
| Days Payable | 53 | |||||||||||
| Cash Conversion Cycle | 60 | 73 | 61 | 57 | 60 | 69 | 55 | 69 | 59 | 59 | 71 | 59 |
| Working Capital Days | 6 | 7 | 32 | 14 | 56 | 12 | 19 | 11 | 18 | -6 | 32 | 35 |
| ROCE % | -9% | 11% | 13% | 17% | 17% | 19% | 28% | 25% | 17% | 12% | 7% | 10% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Headcount (Consolidated) employees |
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| Attrition Rate (LTM Voluntary) % |
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| Utilization (Including Trainees) % |
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| Order Bookings / New Total Contract Value $M |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- GST appeal dismissed; demand, interest and penalty total Rs 14.45 crore for FY21, appeal to GSTAT planned.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- GST appeal dismissed for FY22; demand of ₹10.90 crore confirmed, including tax, interest and penalty.
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Closure of Trading Window
- Trading window closed from September 16, 2026 until further notice for Q2 FY2026-27 accounts.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- The representatives of the Company will be meeting representatives of WhiteOak Capital Management and Equinox Capital Venture Pvt. Ltd.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- The representatives of the Company will be meeting representatives of Care Portfolio Managers Private Limited.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from nse
Concalls
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Aug 2026Transcript
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Aug 2026Transcript REC
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May 2026PPT
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Feb 2026PPT
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Nov 2025PPT
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Aug 2025PPT
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Apr 2025PPT
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Jan 2025PPT
Service Offerings:[1]
The company is a global leader in Product Engineering and Digital Transformation,
delivering concept-to-market, chip-to-
cognition R&D services for various
verticals like:
a) Semiconductor:[2]
The company offers its customers the ability
to integrate third-party solutions and perform extensive testing of the final product to ensure
a zero-defect launch.
b) Consumer Electronics:[3]
The company offers solutions across Smart TVs, Smart Speakers, Smart Home Appliances, and Mobile Phones, enabling consumer electronics manufacturers to develop next-generation devices integrated with cloud-based analytics, low-power technologies, sensors, connectivity, and tracking solutions.
c) Automotive:[4]
The company is a preferred technology
partner for OEMs and Tier-1 automotive suppliers, providing advanced solutions
in In-Vehicle Infotainment (IVI), Telematics,
and Advanced Driver Assistance Systems (ADAS). It helps automotive players address evolving industry challenges through solution accelerators across GENIVI Linux, AGL, Android IVI, ECU consolidation, Smart Mobility, C-V2X, and Body Electronics.
d) Enterprise Devices:[5]
The company enables customers in
engineering, marking, tracking, and
computer printing technologies, offering
product design and development expertise across AIDC solutions, RFID systems, industrial printers, wearables, AR devices, and smart scanning solutions.
e) SatCom:[6]
The company is one of the few globally
with end-to-end satellite phone development capabilities and has executed complete
product lifecycle R&D for 15 mobile hand
set products, covering conceptualization,
integration, productization, and production
ramp-up.
f) Telecom:[7] The company has over 30 years of telecommunications expertise, with experience in 3GPP technologies across 2G, 3G, 4G, and 5G networks.
g) Transportation: [8]
The company enables Transportation ISVs and public transport operators with digital solutions for connected back-office systems and enhanced customer experiences. It provides expertise in cloud and open API-enabled intelligent transportation platforms.
h) Industrials:[9]
The company’s ‘Chip to Cognition’ expertise enables solution accelerators that address Industrial IoT (IIoT) requirements for industrial products and manufacturing plants.