Melstar Information Technologies

Information Technology

MELSTAR NSE

NSE: MELSTAR BSE: 532307 IT - Services

₹346.50 +342.25 (+8,052.94%)

P/E: Not meaningful: loss-making over the last twelve months

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MCP

No trades in 1Y · Last traded 04 Nov 2026

Peer Comparison

Information Technology › IT - Services › IT Enabled Services

Melstar Information Technologies peer comparison

L&T Technology Services	₹4,133.50	33.20	₹45,364 Cr	6.19	0.47%	21.50%	26.70%	₹11,565 Cr	₹1,322 Cr
Inventurus Knowledge Solutions	₹1,750.40	39.33	₹29,871 Cr	10.73	0.00%	31.40%	31.50%	₹3,347 Cr	₹764 Cr
Tata Technologies	₹652.45	47.55	₹26,704 Cr	6.91	1.81%	16.30%	20.90%	₹5,926 Cr	₹558 Cr
Netweb Technologies	₹4,062.30	88.56	₹24,520 Cr	11.48	0.07%	32.80%	37.50%	₹2,702 Cr	₹260 Cr
Affle 3i	₹1,623.90	47.83	₹22,921 Cr	5.07	0.00%	13.80%	16.80%	₹2,836 Cr	₹478 Cr
Sagility	₹43.59	20.56	₹20,233 Cr	1.99	0.35%	10.60%	13.40%	₹7,617 Cr	₹994 Cr
ESDS Software Solution	₹1,193.60	91.82	₹14,545 Cr	10.89	0.00%	24.90%	30.20%	₹537 Cr	₹134 Cr
Melstar Information Technologies (this company)	₹346.50	—	—	—	—	−36.00%	−18.10%	₹1 Cr	−₹2 Cr
Median 8 companies	₹1,408.75	47.55	₹24,520 Cr	6.91	0.07%	18.90%	23.80%	₹3,092 Cr	₹518 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Key Insights

Strengths

Company has a good return on equity (ROE) track record: 3 Years ROE 42.7%

Weaknesses

Company has low interest coverage ratio.
Company might be capitalizing the interest cost
Company has high debtors of 701 days.

Technical Indicators

Technical signals: verdict and indicator counts
Group	Signal	Bearish	Neutral	Bullish
Overall	Bearish	9	7	3
Oscillators	Bullish	0	7	2
Moving Averages	Strong Bearish	9	0	1

Oscillators

Bullish

Bearish

Neutral

Bullish

Overall

Bearish

Neutral

Bullish

Moving Averages

Strong Bearish

Bearish

Neutral

Bullish

Key readings

RSI (14): 33.45; Neutral
MACD (12,26,9): −0.03; Bullish
SMA (50): 4.36; Bearish
SMA (200): 4.79; Bearish

As of 1 Oct 2024, the latest day with price data, so these readings are not current.

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y	−31.18%
5Y	Irregular period
3Y	Irregular period
1Y	Zero base
TTM	Zero base

Net profit

Net profit growth by window
10Y	Loss widened by ₹1.76 Cr
5Y	Irregular period
3Y	Irregular period
1Y	Loss widened by ₹0.93 Cr
TTM	Loss widened by ₹0.14 Cr

Operating cash flow

Operating cash flow growth by window
10Y	Turned negative
5Y	Irregular period
3Y	Irregular period
1Y	Outflow narrowed by ₹0.08 Cr
TTM	—

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

Operating margin· change in pp

Operating margin growth by window
10Y	−286.67 pp
5Y	Irregular period
3Y	Irregular period
1Y	No sales
TTM	No sales

Revenue by year

Revenue by year, ₹ crore
Mar 2010	₹20.39 Cr
Mar 2011	₹25.50 Cr
Mar 2012	₹53.53 Cr
Mar 2013	₹21.05 Cr
Mar 2014	₹18.60 Cr
Mar 2015	₹22.31 Cr
Mar 2016	₹31.48 Cr
Mar 2024	₹0.00 Cr
Mar 2025	₹0.00 Cr
Mar 2026	₹0.75 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2010	₹2.94 Cr
Mar 2011	₹2.86 Cr
Mar 2012	₹1.49 Cr
Mar 2013	−₹1.31 Cr
Mar 2014	−₹2.43 Cr
Mar 2015	−₹1.66 Cr
Mar 2016	−₹0.38 Cr
Mar 2024	₹11.28 Cr
Mar 2025	−₹1.21 Cr
Mar 2026	−₹2.14 Cr

Quarterly Results

₹ Cr

MELSTAR quarterly results, ₹ crore
Particulars	Dec 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	0	0	0	0	0	0	0	0	0.75	0
Expenses	0	0.54	0.07	0.28	0.86	0.71	0.86	0.67	0.65	0.62
Operating Profit	0	−0.54	−0.07	−0.28	−0.86	−0.71	−0.86	−0.67	0.1	−0.62
OPM %	—	—	—	—	—	—	—	—	13.33%	—
Other Income	0	12.14	0	0	0	0	0	0	0	0
Interest	0	0.32	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
PBT	0	11.28	−0.07	−0.28	−0.86	−0.71	−0.86	−0.67	0.1	−0.63
Tax %	—	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	0	11.28	−0.07	−0.28	−0.86	−0.71	−0.86	−0.67	0.1	−0.63
EPS (₹)	0	7.9	−0.05	−0.2	−0.6	−0.5	−0.6	−0.47	0.07	−0.44

Profit & Loss

₹ Cr

MELSTAR profit and loss, annual, ₹ crore
Particulars	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	32.35	28.68	20.39	25.5	53.53	21.05	18.6	22.31	31.48	0	0	0.75	0.75
Expenses	34.73	29.4	23.14	24.05	51.99	22.6	20.29	21.11	29.8	0.54	1.21	2.86	2.8
Operating Profit	−2.38	−0.72	−2.75	1.45	1.54	−1.55	−1.69	1.2	1.68	−0.54	−1.21	−2.11	−2.05
OPM %	−7.36%	−2.51%	−13.49%	5.69%	2.88%	−7.36%	−9.09%	5.38%	5.34%	—	—	−281.33%	−273.33%
Other Income	1.57	1.62	6.82	2.79	1.64	1.81	1.07	−0.78	0.25	12.14	0	0	0
Interest	0.38	0.37	0.5	0.52	0.46	0.81	0.92	1.37	1.58	0.32	0	0.03	0
Depreciation	1.05	0.94	0.93	0.86	0.86	0.84	0.82	0.71	0.69	0	0	0	0
PBT	−2.24	−0.41	2.64	2.86	1.86	−1.39	−2.36	−1.66	−0.34	11.28	−1.21	−2.14	−2.05
Tax %	−61.16%	370.73%	−11.36%	0%	19.89%	−5.76%	2.97%	0%	11.76%	0%	0%	0%	—
Net Profit	−0.87	−1.93	2.94	2.86	1.49	−1.31	−2.43	−1.66	−0.38	11.28	−1.21	−2.14	−2.06
EPS (₹)	−0.61	−1.35	2.06	2	1.04	−0.92	−1.7	−1.16	−0.27	7.9	−0.85	−1.5	−1.44
Div. Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	—

Balance Sheet

₹ Cr

MELSTAR balance sheet, annual, ₹ crore
Particulars	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2024	Mar 2025	Mar 2026
Equity Capital	14.28	14.28	14.28	14.28	14.28	14.28	14.28	14.28	14.28	14.28	2.79	2.79
Reserves	−5.49	−7.28	−4.6	−2.18	−0.73	−2.04	−4.55	−6.5	−6.91	−8.2	4.22	2.08
Borrowings	3.15	2.74	3.36	2.96	1.84	5.27	7.95	8.79	11.14	2.88	2.88	8.54
Other Liabilities	12.66	10.3	6.12	4.83	17.89	13.64	3.28	5.57	10.67	1.02	0.44	0.51
Total Liabilities	24.6	20.04	19.16	19.89	33.28	31.15	20.96	22.14	29.18	9.98	10.33	13.92
Fixed Assets	14.46	13.34	12.35	11.67	10.85	9.99	9.14	8.17	8.45	0	0.02	0.01
CWIP	0	0	0	0	0	0	0	0.91	2.33	0	0	0.25
Investments	0.13	0.13	0	0	0	0	0	0.35	0.35	0	0	0
Other Assets	10.01	6.57	6.81	8.22	22.43	21.16	11.82	12.71	18.05	9.98	10.31	13.66
Total Assets	24.6	20.04	19.16	19.89	33.28	31.15	20.96	22.14	29.18	9.98	10.33	13.92

Cash Flow

₹ Cr

MELSTAR cash flow, annual, ₹ crore
Particulars	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2024	Mar 2025	Mar 2026
Operating	0.01	0.46	−1.69	0.93	1.17	−0.26	−2.3	1	1.55	0.54	−2.27	−2.19
Investing	−0.17	0.33	0.05	−0.18	0.06	−2.64	0.38	−0.48	−2.4	0	−0.02	−0.25
Financing	−0.93	−0.77	1.25	−1.14	−1.25	2.89	1.78	−0.49	0.81	−0.32	2.14	2.33
Net Cash Flow	−1.09	0.02	−0.39	−0.39	−0.02	−0.01	−0.14	0.03	−0.03	0.22	−0.14	−0.11
Free Cash Flow	−0.3	0.39	−1.92	0.74	1.11	−0.26	−2.3	0.07	−0.05	0.54	−2.29	−2.44
CFO/OP	−12	28	87	130	98	−8	149	144	193	−100	188	104

Ratios

MELSTAR financial ratios, annual
Particulars	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2024	Mar 2025	Mar 2026
Debtor Days	49.64	33.47	69.46	67.27	128	216	61.81	73.13	56	—	—	701
Inventory Days	—	—	—	—	0	—	—	—	—	—	—	—
Cash Conversion Cycle	49.64	33.47	69.46	67.27	128	216	61.81	73.13	56	—	—	701
Working Capital Days	−56.41	−62.23	0.72	−18.18	2.52	−9.36	−37.28	−77.38	−96.35	—	—	2,209
ROCE %	−14.87%	0.55%	28.09%	14.38%	15.3%	−3.53%	−8.01%	8.76%	7.07%	—	−12.84%	−18.11%

Insights

Beta

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

60 extracted metrics across FY08–FY27.

Shareholding Pattern

As of Jun 2026

Promoters 94.57%
Public 5.43%

Pledge data not available

Change since Mar 2026

Documents

Frequently Asked Questions about Melstar Information Technologies

What does Melstar Information Technologies Ltd do?

Incorporated in 1986, Melstar Information Technologies Ltd is a software service company which provides IT solutions and skilled manpower.

Where is Melstar Information Technologies Ltd (MELSTAR) listed?

Melstar Information Technologies Ltd trades as MELSTAR on the NSE and under code 532307 on the BSE.

Which sector does Melstar Information Technologies Ltd belong to?

Melstar Information Technologies Ltd is classified under the Information Technology sector, in the IT - Services industry.

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Melstar Information Technologies

Peer Comparison

Key Insights

Strengths

Weaknesses

Technical Indicators

Oscillators

Overall

Moving Averages

Key readings

Growth Rate

Revenue

Net profit

Operating cash flow

Operating margin· change in pp

Revenue by year

Net profit by year

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Insights

Shareholding Pattern

Documents

Frequently Asked Questions about Melstar Information Technologies

Company Information

For AI agents and developers

Explore More