Seshaasai Technologies Ltd
Incorporated in 1993, Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider, specializing in payment solutions, communications, and fulfilment services.[1]
- Market Cap ₹ 5,367 Cr.
- Current Price ₹ 332
- High / Low ₹ 437 / 330
- Stock P/E 25.0
- Book Value ₹ 79.2
- Dividend Yield 0.00 %
- ROCE 36.5 %
- ROE 41.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.9%
Cons
* 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
Financial Services Financial Services Financial Technology (Fintech) Financial Technology (Fintech)
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 369 | 673 | 1,146 | 1,558 | 1,462 | |
| 326 | 571 | 947 | 1,267 | 1,102 | |
| Operating Profit | 43 | 102 | 199 | 292 | 360 |
| OPM % | 12% | 15% | 17% | 19% | 25% |
| 1 | 4 | 8 | 11 | 10 | |
| Interest | 16 | 24 | 32 | 34 | 34 |
| Depreciation | 13 | 27 | 32 | 36 | 41 |
| Profit before tax | 16 | 54 | 142 | 233 | 295 |
| Tax % | 31% | 31% | 25% | 27% | 25% |
| 11 | 37 | 107 | 169 | 222 | |
| EPS in Rs | 444.71 | 1,464.71 | 90.39 | 114.78 | 15.05 |
| Dividend Payout % | 0% | 0% | 7% | 5% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 81% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| Last Year: | 41% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 2 | 89 | 148 | 148 | 162 |
| Reserves | 108 | 181 | 201 | 287 | 490 | 1,120 |
| 142 | 232 | 312 | 350 | 379 | 336 | |
| 87 | 154 | 180 | 176 | 144 | 200 | |
| Total Liabilities | 340 | 569 | 783 | 960 | 1,160 | 1,818 |
| 127 | 225 | 285 | 351 | 428 | 450 | |
| CWIP | 8 | 6 | 0 | 3 | 8 | 19 |
| Investments | 0 | 1 | 1 | 25 | 25 | 39 |
| 205 | 336 | 497 | 581 | 699 | 1,310 | |
| Total Assets | 340 | 569 | 783 | 960 | 1,160 | 1,818 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 32 | 58 | 51 | 202 | ||
| -21 | -41 | -72 | -114 | ||
| -10 | -15 | 38 | -32 | ||
| Net Cash Flow | 1 | 2 | 17 | 56 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 102 | 84 | 70 | 52 | 73 |
| Inventory Days | 97 | 87 | 74 | 63 | 65 |
| Days Payable | 115 | 103 | 62 | 53 | 38 |
| Cash Conversion Cycle | 83 | 67 | 82 | 62 | 100 |
| Working Capital Days | 34 | 7 | 13 | 16 | 37 |
| ROCE % | 23% | 34% | 39% | 37% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
1d - Crisil monitoring report (Sep 30, 2025): IPO/pre-IPO proceeds Rs6,000mn; Rs700.02mn pre-IPO used for debt repayment.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Submission of copy of Newspaper Advertisement dated November 13, 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Nov - Audio recording of Q2 FY26 earnings call posted on company website (Nov 12, 2025).
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 Nov - Presentation to be used in earnings call today
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Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2025
11 Nov - Q2FY26 consolidated revenue ₹3,523.4m, EBITDA ₹951.1m (26.9%), PAT ₹575.3m; IPO proceeds repaid ₹3,000m.
Concalls
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Nov 2025TranscriptNotesPPT
Business Profile[1]
Seshaasai Technologies offers Payment Solutions, Communication & Fulfilment Solutions, and IoT-based RFID Solutions catering to the Banking, Financial Services, and Insurance (BFSI) sector. It ranks among India’s top two payment card manufacturers, with a 31.9% market share in debit and credit card issuance in FY25.