---
title: "Dove Soft (DSL) Share Price, Financials & Research"
symbol: "544975"
company: "Dove Soft Ltd"
canonical: "https://tapetide.com/stocks/544975"
isin: "INE0NXJ01016"
bse_code: "544975"
sector: "Information Technology"
industry: "IT - Services"
generated_at: "2026-11-05T01:44:27.989Z"
---

# Dove Soft (DSL)

Canonical page: https://tapetide.com/stocks/544975

## Key Facts

- **Close:** ₹97.43 on 4 Nov 2026
- **P/E (TTM):** 23.76 as of 4 Nov 2026
- **Promoter holding:** 52.86% in Sep 2026, a change of -21.45 percentage points from Mar 2026

## Company

- **BSE code:** 544975
- **ISIN:** INE0NXJ01016
- **Macro sector:** Information Technology
- **Sector:** Information Technology
- **Industry:** IT - Services
- **Basic industry:** IT Enabled Services
- **In the F&O segment:** No

## Latest Price

- **Close:** ₹97.43 on 4 Nov 2026

## Key Fundamentals

Price-based figures at the 4 Nov 2026 close · TTM.

- **ROCE:** 36.60%
- **Debt to Equity:** 0.10
- **EPS (TTM):** ₹4.10
- **Book Value:** ₹60.62
- **P/E (TTM):** 23.76
- **P/B:** 1.61
- **ROE:** 29.90%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹33.50 Cr
- **52W High:** ₹111.00
- **52W Low:** ₹81.50

## Key Insights

### Strengths

- Company has delivered good profit growth of 104% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.9%

### Weaknesses

- Company has high debtors of 183 days.

## Technical Indicators

As of 4 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bullish | 0 | 16 | 3 |
| Oscillators | Bullish | 0 | 8 | 1 |
| Moving Averages | Bullish | 0 | 8 | 2 |

### Oscillators: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 45.67 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 59.05 | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | -29.20 | Neutral |
| ATR (14) | 7.88 | Neutral |
| ROC (12) | 4.82 | Bullish |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

### Moving Averages: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 95.29 | Bullish |
| EMA (10) | 95.30 | Bullish |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 116.28 | 107.14 | 101.28 |
| R2 | 107.14 | 101.79 | 100.00 |
| R1 | 102.28 | 98.49 | 98.71 |
| PP | 93.14 | 93.14 | 93.14 |
| S1 | 88.28 | 87.79 | 96.15 |
| S2 | 79.14 | 84.49 | 94.86 |
| S3 | 74.28 | 79.14 | 93.58 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 5Y | 64.14% | compounded annual rate, Mar 2021 to Mar 2026 |
| Revenue | 3Y | 55.41% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 45.74% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 5Y | 87.22% | compounded annual rate, Mar 2021 to Mar 2026 |
| Net profit | 3Y | 66.31% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 35.29% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 5Y | 14.87% | compounded annual rate, Mar 2021 to Mar 2026 |
| Operating cash flow | 3Y | 25.99% | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating cash flow | 1Y | Turned positive | fiscal year to Mar 2026 vs the year to Mar 2025: -₹17.00 Cr to ₹4.00 Cr. A cash outflow at the start and an inflow at the end. |
| Operating margin | 5Y | +3.34 pp | compounded annual rate, Mar 2021 to Mar 2026 |
| Operating margin | 3Y | +2.45 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | -0.73 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: No quarterly results are reported.

## Financial Statements

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 23 | 36 | 73 | 120 | 188 | 274 |
| Expenses | 20 | 33 | 66 | 105 | 163 | 241 |
| Operating Profit | 2 | 2 | 7 | 15 | 24 | 33 |
| OPM % | 11% | 6% | 10% | 12% | 13% | 12% |
| Other Income | 0 | 2 | 1 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 3 | 7 | 14 | 22 | 30 |
| Tax % | 22% | 25% | 30% | 25% | 25% | 23% |
| Net Profit | 1 | 2 | 5 | 10 | 17 | 23 |
| EPS in Rs | 1.25 | 2.37 | 2.61 | 5.6 | 8.48 | 12.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 0.04 | 0.07 | 18 | 18 | 19 | 19 |
| Reserves | 4 | 10 | 5 | 15 | 47 | 70 |
| Borrowings | 3 | 3 | 4 | 3 | 9 | 9 |
| Other Liabilities | 7 | 11 | 21 | 49 | 34 | 66 |
| Total Liabilities | 13 | 24 | 48 | 86 | 109 | 164 |
| Fixed Assets | 2 | 6 | 2 | 7 | 6 | 5 |
| CWIP | 1 | 0 | 13 | 8 | 0 | 3 |
| Investments | 0 | 2 | 1 | 0 | 10 | 10 |
| Other Assets | 10 | 16 | 32 | 71 | 92 | 147 |
| Total Assets | 13 | 24 | 48 | 86 | 109 | 164 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 2 | 1 | 2 | 0 | -17 | 4 |
| Cash from Investing Activity | -1 | -5 | -10 | 0 | -3 | -3 |
| Cash from Financing Activity | -1 | 4 | 7 | -1 | 22 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 | 0 |
| Free Cash Flow | 1 | 0 | -8 | 1 | -14 | 0 |
| CFO/EBITDA | 91 | 77 | 54 | 28 | -49 | 34 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 124 | 132 | 134 | 208 | 169 | 183 |
| Inventory Days | — | — | 0 | — | — | — |
| Cash Conversion Cycle | 124 | 132 | 134 | 208 | 169 | 183 |
| Working Capital Days | 22 | 7 | 22 | 53 | 105 | 95 |
| ROCE % | — | 16% | 35% | 44% | 42% | 37% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Mar 2026 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 74.31% | 52.86% |
| FIIs | 0.00% | 0.27% |
| DIIs | 0.00% | 0.00% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 46.87% |
| Others | 25.69% | n/m |
| No. of Shareholders | 61 | 61 |

n/m: Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

## Documents

### Exchange filings

| Date | Document | Category |
| --- | --- | --- |
| 13 Oct 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd92a37d-e74d-4f74-8c26-42a4dbc1ce2d.pdf) | Intimation |

## Frequently Asked Questions about Dove Soft

### What does Dove Soft Ltd do?

Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email, and other digital channels.

### Where is Dove Soft Ltd (DSL) listed?

Dove Soft Ltd trades under code 544975 on the BSE.

### Which sector does Dove Soft Ltd belong to?

Dove Soft Ltd is classified under the Information Technology sector, in the IT - Services industry.

### What is the PE ratio of Dove Soft Ltd?

Dove Soft Ltd trades at a PE ratio of 23.76 as of 4 Nov 2026, on earnings per share of ₹4.1, against a book value of ₹60.62 per share.

### What is the 52-week high and low of Dove Soft Ltd?

Over the last 52 weeks Dove Soft Ltd has traded between ₹81.5 and ₹111 as of 4 Nov 2026.

### What is the Return on Equity (ROE) of Dove Soft Ltd?

Dove Soft Ltd reported a return on equity of 29.90%. Its debt-to-equity ratio is 0.10.

## Company Information

Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email, and other digital channels.

- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:14 IST.