'Memorandum of Understanding with AIML Cloud Global Technologies Private Limited '.
Ask the chart: “Has this stock recovered from similar drawdowns before?”
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Latest filings
NSE announcements · newest firstCorrigendum to Notice of Annual General Meeting to be held on September 30, 2026
Appointment of Mr. Siddarth Bhagwanji as Chief Executive Officer of the company w.e.f. September 24, 2026.
Outcome of Board Meeting held on September 24, 2026.
Key MetricsFull financials →
P/E (TTM)
7.2×
EPS ₹0.07
P / Book
0.58×
BVPS ₹1
ROE
10.9%
FY26, avg equity
Net margin
39.3%
FY26
Revenue YoY
+23.9%
Q4 FY26
Net profit YoY
−5.2%
Q4 FY26
Debt / equity
0.00×
₹0 Cr debt
Div. yield
–
no dividend in 12 months
From NSE filings (consolidated) and the last close.
Shareholding Pattern Jun 2026
No promoter group: fully public shareholding
Peer Comparison
| Company | P/E | P/B | ROE | Margin |
|---|---|---|---|---|
| RELIABLE₹152 Cr | 16.8× | 2.13× | 10.9% | 3.8% |
| DELPHIFX₹152 Cr | 27.1× | 0.46× | 2.0% | 12.6% |
| GATECH₹90 Cr | 13.2× | 0.84× | 10.9% | 39.3% |
| MAHAPEXLTD₹73 Cr | – | 0.16× | -1.5% | -320.8% |
| GATECHDVR₹62 Cr | 7.2× | 0.58× | 10.9% | 39.3% |
| GLFL₹14 Cr | 546.8× | – | – | – |
Other Financial Services: the companies closest in market value, of the 14 in that basic industry whose filings we hold. Computed from each company's NSE filings (up to Q4 FY26) and the last close; hover a column for its definition.
Forensic Flags4 Watch
Operating cash flow was -3.18× net profit
Cumulative over FY22–FY26 (5 years).
Free cash flow was negative in 4 of the last 5 years
Operating cash flow less capital expenditure, as filed.
Effective tax rate averaged 8%
Tax over pre-tax profit, last 3 years. The base corporate rate is about 25%.
Share count changed +350.2% in three years, net of bonuses and splits
From 2023-03-31 to 2026-03-31. Shares issued for mergers, placements, conversions and stock options all count.
No promoter group
The company is fully publicly held, so promoter holding and pledge checks do not apply.
6 checks within their thresholds
Receivables grew 20% against revenue growth of 60%
FY26: debtor days moved from 429 to 321.
Debt to equity is 0.00×
As at 2026-03-31.
Other income is 12% of profit before tax
FY26.
Exceptional items above 5% of pre-tax profit in 0 of the last 5 years
FY22–FY26.
No auditor change or resignation filings in three years
From NSE announcements on record.
Results were filed late in 0 of the last 8 quarters
Slowest filing came 59 days after the period end.
Computed from NSE filings (consolidated). Colours follow fixed thresholds, shown on hover. These are facts about the filings, not advice. 1 check not run for lack of data.
Formula Scores
Piotroski F-score: 2 of 9 · FY to 2026-03-31one point for each of nine tests on profitability, leverage and liquidity, and operating efficiency, comparing the year with the one before
- ✓ Return on assets positive: 12.96 — profit after tax over the year's opening total assets, %
- ✓ Operating cash flow positive: 3.2 — ₹ crore
- ✗ Cash flow above profit (accruals): -5.4 — operating cash flow less profit after tax, ₹ crore
- ✗ Return on assets improved: -9.41 — change in ROA, percentage points
- ✗ Long-term borrowings to assets fell: 0 — no long-term borrowings in either year; the paper scores no decrease as 0
- ✗ Current ratio improved: -3.37 — change in current assets over current liabilities
- ✗ No new shares issued: 61.8 — change in share capital, %
- ✗ Gross margin improved: -2.23 — revenue less material cost over revenue, change in percentage points
- ✗ Asset turnover improved: -0.411 — revenue over the year's opening total assets, change
Inputs: profit after tax ₹9 Cr (2026-03-31) · profit after tax ₹4 Cr (2025-03-31) · total assets ₹132 Cr (2026-03-31) · total assets ₹66 Cr (2025-03-31)
The paper's bands: 8–9: the paper's high group; 0–2: the paper's low group
Source: Joseph Piotroski, "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers", Journal of Accounting Research, 2000
Altman Z-score: 0.45 · FY to 2026-03-31Z = 1.2 × working capital / total assets + 1.4 × retained earnings / total assets + 3.3 × EBIT / total assets + 0.6 × market value of equity / total liabilities + 1.0 × sales / total assets
- working capital / total assets: 0.056 × 1.2
- retained earnings / total assets: -0.164 × 1.4 — reserves and surplus as retained earnings
- EBIT / total assets: 0.067 × 3.3 — profit before tax plus finance cost
- market value of equity / total liabilities: 0.381 × 0.6 — market capitalisation over total assets less equity
- sales / total assets: 0.166 × 1
Inputs: total assets ₹132 Cr (2026-03-31) · current assets ₹24 Cr (2026-03-31) · current liabilities ₹17 Cr (2026-03-31) · reserves ₹-22 Cr (2026-03-31) · total equity ₹108 Cr (2026-03-31) · profit before tax ₹9 Cr (2026-03-31) · finance cost 0 (2026-03-31) · revenue ₹22 Cr (2026-03-31) · market capitalisation (today) ₹9 Cr
The paper's bands: above 2.99: the paper's safe zone; 1.81–2.99: the grey zone; below 1.81: the distress zone
the 1968 form, fitted on manufacturers; reserves stand in for retained earnings, and profit before tax plus finance cost for EBIT
Source: Edward Altman, "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy", Journal of Finance, 1968
Graham number: 1.15 ₹ per share · FY to 2026-03-31√(22.5 × earnings per share × book value per share): the price at which P/E × P/B = 22.5 (a P/E of 15 at a P/B of 1.5)
- earnings per share: 0.07
- book value per share: 0.83 — owners' equity over shares (paid-up capital / face value)
Inputs: earnings per share 0.07 (2026-03-31) · owners' equity ₹108 Cr (2026-03-31) · paid-up capital ₹129 Cr (2026-03-31) · face value 1 (2026-03-31)
a number the book uses as a ceiling for a defensive investor's purchase price; it is arithmetic on two reported figures, not a valuation
Source: Benjamin Graham, The Intelligent Investor (1949; the 22.5 in the 1973 edition's criteria for the defensive investor)
Sloan accrual ratio: 5.43 % of assets · FY to 2026-03-31(profit after tax − operating cash flow) / average total assets
Inputs: profit after tax ₹9 Cr (2026-03-31) · operating cash flow ₹3 Cr (2026-03-31) · total assets ₹132 Cr (2026-03-31) · total assets ₹66 Cr (2025-03-31)
how much of the year's profit was not cash; the paper sorts companies by this and reports the top decile's later returns
Source: Richard Sloan, "Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?", The Accounting Review, 1996
Each score is its published formula applied to the company's own filings (consolidated); open one for the tests, the inputs and the paper. Arithmetic on the filings, not a view on the stock.