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Covance Softsol

544361 BSE
₹169.40

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P/E
9.57
View as Markdown
MCP
Close 4 Nov 2026 ₹169.40 +95.12 +128% 1Y
Start ₹74.28

Key Fundamentals

MicrocapIT - SoftwareInformation Technology

Price-based figures at the close · EPS basis: Consolidated · TTM

ROCE
21.00%
Debt to Equity
0.45
EPS (TTM)
₹17.71
Book Value
₹76.16
Market Cap
—
P/E (TTM)
9.57
P/B
2.22
ROE
17.40%
Dividend Yield
0.00%
EBITDA
₹52.70 Cr
52W High
₹270.00
52W Low
₹74.28

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

58 Good

Data confidence 98/100

Category scores

Quality
68
Strong
Returns, margins, earnings quality 22% weight
Valuation
59
Good
Cheap vs sector & own history 24% weight
Growth
62
Good
Sales & profit trajectory 9% weight
Financial Health
37
Weak
Solvency, leverage, coverage 9% weight
Momentum
68
Strong
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.09% over last 3 years.
  • Earnings include an other income of Rs.22.1 Cr.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish2710
OscillatorsBullish072
Moving AveragesStrong Bullish208

Key readings

RSI (14)
56.90
Neutral
MACD (12,26,9)
5.25
Bullish
SMA (50)
154.04
Bullish
SMA (200)
174.39
Bearish

As of

Growth Rate

From the financial statements below. 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
1Y+43.14%
TTM+27.93%

Net profit

Net profit growth by window
1Y+183.33%
TTM+263.64%

Operating cash flow

Operating cash flow growth by window
1Y−77.78%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
1Y+17.01 pp
TTM+10.03 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2024₹61.00 Cr
Mar 2025₹102 Cr
Mar 2026₹146 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2024₹1.00 Cr
Mar 2025₹12.00 Cr
Mar 2026₹34.00 Cr

Quarterly Results

₹ Cr
544361 quarterly results, ₹ crore
Particulars Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
14
18
23
20
34
24
33
33
37
43
29
Expenses
15
15
17
16
33
23
22
25
25
33
24
Operating Profit
−1
3
6
4
1
1
11
9
12
10
5
OPM %
−11%
17%
28%
18%
3.2%
3.4%
34%
26%
33%
23%
17%
Other Income
4
−1
4
2
3
1
1
3
4
3
12
Interest
2
1
1
1
2
2
1
1
1
2
1
Depreciation
0
0
0
0
0
0
0
0
0
0
0
PBT
1
1
9
4
3
0
10
10
15
11
16
Tax %
0%
184%
0%
11%
65%
864%
25%
22%
18%
42%
22%
Net Profit
1
−1
9
4
1
−2
8
8
13
6
13
EPS (₹)
—
—
—
—
0.43
−0.87
3.52
3.47
5.69
2.84
5.71

Profit & Loss

₹ Cr
544361 profit and loss, annual, ₹ crore
Particulars Mar 2024Mar 2025Mar 2026TTM
Sales
61
102
146
142
Expenses
60
90
104
106
Operating Profit
1
12
42
36
OPM %
1.5%
12%
29%
25%
Other Income
8
11
11
22
Interest
6
6
6
5
Depreciation
0
0
0
0
PBT
2
16
47
52
Tax %
48%
26%
26%
—
Net Profit
1
12
34
39
EPS (₹)
—
5.48
15.52
17.71
Div. Payout %
0%
0%
0%
—

Balance Sheet

₹ Cr
544361 balance sheet, annual, ₹ crore
Particulars Mar 2024Mar 2025Mar 2026
Equity Capital
15
15
22
Reserves
59
76
147
Borrowings
73
73
76
Other Liabilities
19
32
35
Total Liabilities
165
196
279
Fixed Assets
2
1
2
CWIP
0
0
0
Investments
123
149
205
Other Assets
40
45
73
Total Assets
165
196
279

Cash Flow

₹ Cr
544361 cash flow, annual, ₹ crore
Particulars Mar 2024Mar 2025Mar 2026
Operating
−10
18
4
Investing
1
−9
−9
Financing
0
−9
10
Net Cash Flow
−9
0
5
Free Cash Flow
−12
18
3
CFO/EBITDA
−1,300
180
34

Ratios

544361 financial ratios, annual
Particulars Mar 2024Mar 2025Mar 2026
Debtor Days
78
70
87
Cash Conversion Cycle
78
70
87
Working Capital Days
22
−24
−83
ROCE %
—
8%
21%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Covance Softsol insights

49 extracted metrics across FY24–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 71.71%
  • Others 23.57%
  • Public 4.72%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Covance Softsol

What does Covance Softsol Ltd do?
Incorporated in 2023, Covance SoftSol Ltd provides services related to software development and information technology
Where is Covance Softsol Ltd (COVANCE) listed?
Covance Softsol Ltd trades under code 544361 on the BSE.
Which sector does Covance Softsol Ltd belong to?
Covance Softsol Ltd is classified under the Information Technology sector, in the Computer Software & Consulting industry.
What is the PE ratio of Covance Softsol Ltd?
Covance Softsol Ltd trades at a PE ratio of 9.57 as of 4 Nov 2026, on earnings per share of ₹17.71, against a book value of ₹76.16 per share.
What is the 52-week high and low of Covance Softsol Ltd?
Over the last 52 weeks Covance Softsol Ltd has traded between ₹74.28 and ₹270 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Covance Softsol Ltd?
Covance Softsol Ltd reported a return on equity of 17.40%. Its debt-to-equity ratio is 0.45.

Company Information

Incorporated in 2023, Covance SoftSol Ltd provides services related to software development and information technology

Website covance.ai
Listed 24 Feb 2025
Face Value ₹10

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