---
title: "Gracious Software (GSL) Financials & Shareholding"
symbol: "780002"
company: "Gracious Software Ltd"
canonical: "https://tapetide.com/stocks/780002"
bse_code: "780002"
generated_at: "2026-11-05T01:44:27.349Z"
---

# Gracious Software (GSL)

Canonical page: https://tapetide.com/stocks/780002

## Key Facts

- **Promoter holding:** 25.27% in Mar 2024, unchanged from Dec 2023

## Company

- **BSE code:** 780002
- **In the F&O segment:** No

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of -0.08% over last 3 years.
- Company has high debtors of 3,650 days.

## Growth Rate

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

Annual windows: The latest annual results are more than two years old, so no annual growth is shown.

Trailing twelve months: No quarterly results are reported.

## Financial Statements

Not shown: Quarterly Results. Not this company's figures: left behind by an earlier update and not confirmed by the latest one.

### Profit & Loss

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 0 | 0.51 | 1.28 | 1.53 | 1.32 | 1.36 | 0.82 | 0 | 0 | 0 | 0.18 | 0.16 |
| Expenses | 0 | 0.54 | 1.27 | 1.49 | 1.3 | 1.38 | 0.92 | 0.21 | 0.15 | 0.18 | 0.18 | 0.15 |
| Operating Profit | 0 | -0.03 | 0.01 | 0.04 | 0.02 | -0.02 | -0.1 | -0.21 | -0.15 | -0.18 | 0 | 0.01 |
| OPM % | — | -5.88% | 0.78% | 2.61% | 1.52% | -1.47% | -12.2% | — | n/m | n/m | 0% | 6.25% |
| Other Income | 0 | 0.05 | 0.01 | 0.03 | 0.04 | 0.04 | 0.15 | 0.23 | 0.16 | 0.15 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0.02 | 0.02 | 0.07 | 0.06 | 0.02 | 0.05 | 0.02 | 0.01 | -0.03 | 0 | 0.01 |
| Tax % | — | 0% | 50% | 28.57% | 33.33% | 50% | 40% | 0% | 0% | 0% | — | 0% |
| Net Profit | 0 | 0.01 | 0.01 | 0.04 | 0.04 | 0.01 | 0.04 | 0.01 | 0.01 | -0.03 | 0 | 0 |
| EPS in Rs | 0 | 0.02 | 0.01 | 0.03 | 0.03 | 0.01 | 0.03 | 0.01 | 0.01 | -0.02 | 0 | 0 |
| Dividend Payout % | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | — |

n/m: Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.

### Balance Sheet

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 0.01 | 4.06 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 |
| Reserves | 4.05 | 0.01 | 0.02 | 0.06 | 0.1 | 0.12 | 0.16 | 0.17 | 0.17 | 0.15 | 0.15 | 0.15 |
| Borrowings | 0 | 0.05 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 3.58 | 5.8 | 5.51 | 5.71 | 5.94 | 8.97 | 8.98 | 9.35 | 9 | 8.17 | 8.2 |
| Total Liabilities | 4.06 | 7.7 | 19.12 | 18.07 | 18.31 | 18.56 | 21.63 | 21.65 | 22.02 | 21.65 | 20.82 | 20.85 |
| Fixed Assets | 0 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.05 | 4.6 | 5.11 | 5.11 | 5.11 | 5.11 | 4.72 | 4.72 | 4.72 | 4.72 | 4.72 | 4.72 |
| Other Assets | 0.01 | 3.09 | 14 | 12.95 | 13.2 | 13.45 | 16.91 | 16.93 | 17.3 | 16.93 | 16.1 | 16.13 |
| Total Assets | 4.06 | 7.7 | 19.12 | 18.07 | 18.31 | 18.56 | 21.63 | 21.65 | 22.02 | 21.65 | 20.82 | 20.85 |

### Cash Flow

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 0 | 0.09 | -0.53 | -0.63 | -0.46 | -0.06 | 3.17 | -0.04 | 0.22 | -0.47 | -0.41 | -0.33 |
| Cash from Investing Activity | -2.8 | -3.45 | -10.54 | 1.64 | 0.45 | -0.13 | -3.02 | -0.12 | -0.21 | 0.54 | 0.6 | 0.36 |
| Cash from Financing Activity | 2.8 | 3.37 | 11.14 | -0.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0.01 | 0.07 | 0.15 | -0.02 | -0.18 | 0.15 | -0.16 | 0.01 | 0.07 | 0.19 | 0.03 |
| Free Cash Flow | 0 | 0.08 | -0.53 | -0.63 | -0.46 | -0.06 | 3.17 | -0.04 | 0.22 | -0.47 | -0.41 | -0.33 |
| CFO/EBITDA | — | -300 | -5,300 | -1,550 | -2,300 | 200 | -3,170 | 19 | -147 | 250 | — | -3,300 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | — | 129 | 248 | 291 | 531 | 598 | 921 | — | — | — | 2,798 | 3,650 |
| Inventory Days | — | — | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Cash Conversion Cycle | — | 129 | 248 | 291 | 531 | 598 | 921 | — | — | — | 2,798 | 3,650 |
| Working Capital Days | — | 573 | 1,950 | 1,546 | 1,676 | 1,691 | 4,144 | — | — | — | n/m | n/m |
| ROCE % | 0% | 0.49% | 0.23% | 0.54% | 0.48% | 0.16% | 0.4% | 0.16% | 0.08% | -0.24% | 0% | 0.08% |

n/m: Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.

## Shareholding Pattern

The latest pattern on file is for Mar 2024; it may not describe the holding today.

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Promoters | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.27% | 25.27% | 25.27% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.73% | 74.73% | 74.73% |
| Others | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| No. of Shareholders | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 |

### Annual Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Promoters | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.27% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.73% |
| Others | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| No. of Shareholders | 214 | 218 | 213 | 218 | 218 | 218 | 218 | 218 |

## Documents

### Annual reports

| Year | Report |
| --- | --- |
| FY2021 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/72625780002.pdf) |
| FY2020 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/68383780002.pdf) |
| FY2019 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020319.pdf) |
| FY2018 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020318.pdf) |
| FY2017 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020317.pdf) |
| FY2016 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020316.pdf) |
| FY2015 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020315.pdf) |
| FY2014 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020314.pdf) |
| FY2013 | [Annual report](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2013/GRACIOUS_SOFTWARE_LTD-780002-MARCH-2013.PDF) |
| FY2012 | [Annual report](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2012/GRACIOUS_SOFTWARE_LTD-780002-MARCH-2012.PDF) |
| FY2011 | [Annual report](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2011/GRACIOUS_SOFTWARE_LTD-780002-MARCH-2011.PDF) |

### Exchange filings

| Date | Document |
| --- | --- |
| 21 Aug 2024 | [Board Meeting Intimation for Consider And Approve Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=068ecb06-820c-4481-804d-2993b8a22c29.pdf) |
| 1 Jul 2024 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1070a8fb-03c5-4889-883c-3d166ce047e6.pdf) |
| 22 May 2024 | [Board Meeting Intimation for Consider And Approve The Audited Financial Results For The Half Year And Year Ended On 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7084364f-3b48-4744-a7be-a9be45cdbbfd.pdf) |
| 2 Apr 2024 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97e0d3c3-89b6-48b4-8dbf-fbee037961fa.pdf) |
| 29 Dec 2023 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=902878ac-528f-4413-b1cd-d8cfd8b6ff11.pdf) |

## Frequently Asked Questions about Gracious Software

### What does Gracious Software Ltd do?

Gracious Software is engaged in the businesss of IT services.

### Where is Gracious Software Ltd (GSL) listed?

Gracious Software Ltd trades under code 780002 on the BSE.

## Company Information

Gracious Software is engaged in the businesss of IT services.

- **Website:** https://gracsoft.com/
- **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.