---
title: "Seshaasai Technologies Ltd (STYL) — Share Price, Financials & Analysis"
symbol: "STYL"
company: "Seshaasai Technologies Ltd"
canonical: "https://tapetide.com/stocks/STYL"
isin: "INE04VU01023"
nse_symbol: "STYL"
bse_code: "544533"
sector: "Financial Services"
industry: "Financial Technology (Fintech)"
market_cap_cr: 6148.62
generated_at: "2026-09-13T18:16:00.207Z"
---

# Seshaasai Technologies Ltd (STYL)

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

## Company

- **NSE Symbol:** STYL
- **BSE Code:** 544533
- **ISIN:** INE04VU01023
- **Sector:** Financial Services
- **Industry:** Financial Technology (Fintech)
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2025-09-30
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** seshaasai.com

## About

Incorporated in 1993, Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider, specializing in payment solutions, communications, and fulfilment services.[1]

## Latest Price

- **Price:** ₹387.4
- **Change:** +1.5 (+0.39%)
- **Open:** ₹379.95
- **Day High:** ₹391.55
- **Day Low:** ₹374.15
- **Previous Close:** ₹385.9
- **Volume:** 124133
- **As Of:** 2026-09-11T10:01:40+00:00

## Key Fundamentals

Observed at 2026-09-11T04:36:40.441603Z.

- **Market Cap:** ₹6148.62 Cr
- **Classification:** Microcap
- **P/E (reported):** 23.7
- **P/E (TTM):** 23.31
- **EPS (TTM):** ₹16.62
- **Book Value:** ₹88.15
- **Price to Book:** 4.38
- **Dividend Yield:** 0.65%
- **ROE:** 16.82%
- **ROCE:** 23.4%
- **Debt to Equity:** 0.06
- **Revenue (yearly):** ₹1455.7 Cr
- **Net Income:** ₹239.8 Cr
- **EBITDA:** ₹394.1 Cr
- **52-Week High:** ₹437.45
- **52-Week Low:** ₹209.11
- **RSI (14):** 50.21

## Tapetide Score

- **Score:** 65 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 96.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 65.79 | 9% |
| growth | 31.28 | 9% |
| momentum | 98.9 | 12% |
| ownership | 64.5 | 24% |
| quality | 82.56 | 22% |
| valuation | 43.36 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 84.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.9%
- Company has been maintaining a healthy dividend payout of 24.8%

### Weaknesses

- Debtor days have increased from 69.3 to 83.4 days.
- Working capital days have increased from 53.7 days to 108 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 31.81% | 10.42% | — |
| ebitda margin growth | -24.18% | 7.72% | 40.26% | — |
| net income growth | -26.37% | 7.87% | 32% | 85% |
| revenue growth | -6.51% | -1.21% | 8% | 31% |
| roce | -27.13% | -42.91% | -47.4% | — |
| roe | -26.38% | -51.72% | 30.22% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 360 | 395 | 339 | 369 | 311 | 351 | 374 | 404 | 376 |
| Expenses | 280 | 291 | 261 | 270 | 240 | 257 | 276 | 284 | 287 |
| Operating Profit | 80 | 104 | 77 | 99 | 71 | 94 | 98 | 120 | 89 |
| OPM % | 22 | 26 | 23 | 27 | 23 | 27 | 26 | 30 | 24 |
| Other Income | 2 | 2 | 3 | 3 | 2 | 1 | 5 | 6 | 7 |
| Interest | 8 | 9 | 8 | 9 | 8 | 8 | 2 | 3 | 2 |
| Depreciation | 10 | 11 | 11 | 10 | 11 | 12 | 12 | 10 | 11 |
| Profit before tax | 64 | 87 | 62 | 82 | 55 | 76 | 89 | 113 | 83 |
| Tax % | 36 | 25 | 13 | 23 | 33 | 24 | 25 | 27 | 26 |
| Net Profit | 40 | 65 | 54 | 63 | 37 | 58 | 67 | 83 | 62 |
| EPS in Rs | 27.42 | 44.01 | 3.63 | 4.28 | 2.48 | 3.58 | 4.12 | 5.1 | 3.82 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 369 | 673 | 1146 | 1558 | 1462 | 1441 | 1506 |
| Expenses | 326 | 571 | 947 | 1267 | 1101 | 1057 | 1105 |
| Operating Profit | 43 | 102 | 199 | 292 | 361 | 383 | 401 |
| OPM % | 12 | 15 | 17 | 19 | 25 | 27 | 27 |
| Other Income | 1 | 4 | 8 | 11 | 9 | 14 | 19 |
| Interest | 16 | 24 | 32 | 34 | 34 | 21 | 15 |
| Depreciation | 13 | 27 | 32 | 36 | 41 | 44 | 44 |
| Profit before tax | 16 | 54 | 142 | 233 | 295 | 333 | 362 |
| Tax % | 31 | 31 | 25 | 27 | 25 | 27 | — |
| Net Profit | 11 | 37 | 107 | 169 | 222 | 244 | 269 |
| EPS in Rs | 444.71 | 1464.71 | 90.39 | 114.78 | 15.05 | 15.06 | 16.62 |
| Dividend Payout % | 0 | 0 | 7 | 5 | 53 | 17 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 2 | 89 | 148 | 148 | 162 |
| Reserves | 108 | 181 | 201 | 287 | 490 | 1268 |
| Borrowings | 142 | 232 | 312 | 350 | 379 | 82 |
| Other Liabilities | 87 | 154 | 180 | 176 | 144 | 158 |
| Total Liabilities | 340 | 569 | 783 | 960 | 1160 | 1670 |
| Fixed Assets | 127 | 225 | 285 | 351 | 426 | 492 |
| CWIP | 8 | 6 | 0 | 3 | 10 | 57 |
| Investments | 0 | 1 | 1 | 25 | 25 | 50 |
| Other Assets | 205 | 336 | 497 | 581 | 699 | 1071 |
| Total Assets | 340 | 569 | 783 | 960 | 1160 | 1670 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 32 | 58 | 51 | 202 | 165 | 225 |
| Cash from Investing Activity | -21 | -41 | -72 | -114 | -112 | -380 |
| Cash from Financing Activity | -10 | -15 | 38 | -32 | -34 | 243 |
| Net Cash Flow | 1 | 2 | 17 | 56 | 19 | 89 |
| Free Cash Flow | 10 | 15 | -24 | 107 | 50 | 61 |
| CFO/OP | 87 | 69 | 43 | 90 | 66 | 81 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 102 | 84 | 70 | 52 | 73 | 83 |
| Inventory Days | 97 | 87 | 74 | 63 | 72 | 98 |
| Days Payable | 115 | 103 | 62 | 53 | 42 | 55 |
| Cash Conversion Cycle | 83 | 67 | 82 | 62 | 103 | 126 |
| Working Capital Days | 34 | 7 | 13 | 16 | 37 | 108 |
| ROCE % | — | 23 | 34 | 39 | 37 | 28 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 95% | 81.8% | 81.8% | 81.8% | 81.8% | 81.8% |
| FIIs | 0% | 1.68% | 1.24% | 0.69% | 0.32% | 0.28% |
| DIIs | 0% | 6% | 5.25% | 7.26% | 7.05% | 7.74% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 6.42% | 6.03% | 4.78% | 5.11% | 4.94% |
| Others | 5% | 4.1% | 5.69% | 5.47% | 5.72% | 5.24% |
| No. of Shareholders | 8 | 198359 | 13 | 84906 | 81803 | 80072 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 385.48 | Buy |
| EMA (10) | 387.16 | Buy |
| SMA (20) | 390.02 | Sell |
| EMA (20) | 387.67 | Sell |
| SMA (50) | 382.32 | Buy |
| EMA (50) | 372.08 | Buy |
| SMA (100) | 327.3 | Buy |
| EMA (100) | 345.12 | Buy |
| SMA (200) | 294.35 | Buy |
| EMA (200) | 321.4 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.13 | Neutral |
| MACD (12,26,9) | 1.48 | Sell |
| Stochastic (14,3,3) | 39.43 | Neutral |
| ADX (14) | 15.54 | Neutral |
| Williams %R (14) | -60.45 | Neutral |
| ATR (14) | 17.81 | High Volatility |
| ROC (12) | -2.38 | Sell |
| Stoch RSI (14) | 38.93 | Neutral |
| UO (7,14,28) | 43.1 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Revised Annual Report For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b274d75-3197-4e26-9427-75e28323bcbc.pdf) |
| 2026-09-10 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b2b6a24-7bce-480e-93c8-2d9b138acc94.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a72521f-2dae-4e8d-ac48-1428ecef61e6.pdf) |
| 2026-08-25 | [Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Acquisition/Purchase Of Immovable Property](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e0de60b0-acf9-4874-a8b2-c9077009db0d.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6901df92-d062-4f19-8a3d-1fe2ece5b544.pdf) |
| 2026-08-24 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45ef8eca-7cb8-4576-9189-45449da5f2d9.pdf) |
| 2026-08-24 | [Notice Of 33Rd Annual General Meeting To Be Held On September 16 2026 At 10.00 A.M.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31a589b5-a782-4818-8ecf-33c7186e1ccc.pdf) |
| 2026-08-24 | [Letters Sent To The Shareholders - Notice And Annual Report For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc9fb52e-6236-45d7-96a5-9c66eaf583fc.pdf) |
| 2026-08-13 | [Communication To Shareholders For Deduction Of Tax On Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ff9e702-618d-44bb-8c95-aa8e2b10866f.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4375229-b69f-4294-93aa-f4219e26dda2.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df8bd899-b6f3-4200-bf1e-d0ccc622eda6.pdf) |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d23c9b99-16cd-4873-ba21-9d720d29b383.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc6a1e58-25c9-4548-a49e-841fe2b3509e.pdf) |
| 2025-11-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a407827e-f620-40c3-a940-c4049df13f72.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-07-25 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4daf953d-58e9-4a27-a1c3-25659eafb01d.pdf) |
| 2026-05-19 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e4ab96b-b4ba-419c-b834-01a27ccc9f3a.pdf) |
| 2026-01-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=540522e4-77ac-407f-9b8b-16156dba7413.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=702f5454-7cc6-4b04-83ac-a19ede07f6f6.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-23 | [Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f526447-e61d-4f8f-b70f-a323bd81b1d9.pdf) |
| 2026-05-18 | [Annual Accounts And Recommendation Of Dividend 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95ba7f5b-f6ac-4c6b-a49e-ecdc5485f593.pdf) |
| 2026-05-18 | [Annual Accounts And Recommendation Of Dividend 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46ad5c89-b452-44bd-9186-d99f9173ecac.pdf) |
| 2026-01-29 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2d9f345-32b2-4f9f-8abd-167e24c4ef4c.pdf) |
| 2025-11-11 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dbb92ef1-fa80-4614-967f-07b5a3da4f86.pdf) |
| 2025-10-16 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d30d9b4-11b5-4367-ba27-9a650dcc0a76.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdf1aed3-9dab-4dfd-b157-673f0e37faf3.pdf) |
| 2026-05-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80c8f96b-1587-4118-a84b-f31a59570ac1.pdf) |
| 2026-01-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=465322e4-5ff4-474d-9bb7-9fc10455476f.pdf) |
| 2026-01-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=062e5ff3-f67b-4c18-b2e1-8a5444d6f0c5.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8dda515-a526-48d8-9a38-bce48a9323da.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a407827e-f620-40c3-a940-c4049df13f72.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d23c9b99-16cd-4873-ba21-9d720d29b383.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d23c9b99-16cd-4873-ba21-9d720d29b383.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80c8f96b-1587-4118-a84b-f31a59570ac1.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/80c8f96b-1587-4118-a84b-f31a59570ac1.pdf) |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/062e5ff3-f67b-4c18-b2e1-8a5444d6f0c5.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - GST inspection/search at Mumbai and Navi Mumbai premises on 5 Feb 2026; no violations reported yet. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 6 Feb - GST inspection/search at Mumbai and Navi Mumbai premises on 5 Feb 2026; no violations reported yet.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eff031a3-4545-4eb6-9a5c-c5cc89d5a663.pdf) |
| 5 Mar - Company to attend Investec India Promoter & Founder Conference on March 10, 2026 in Mumbai, 10:00-16:00. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Mar - Company to attend Investec India Promoter & Founder Conference on March 10, 2026 in Mumbai, 10:00-16:00.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9c2d04b-84f5-4d9b-a14c-817979692eb1.pdf) |
| 13 Feb - CRISIL monitoring report: IPO+Pre-IPO gross proceeds Rs6,000.00m; Rs3,458.41m utilized as of Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 Feb - CRISIL monitoring report: IPO+Pre-IPO gross proceeds Rs6,000.00m; Rs3,458.41m utilized as of Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d97c1608-2979-4ec1-993c-c081b6619f04.pdf) |
| 13 Apr - Certificate from MUFG Intime Private Limited certifying compliance with Reg 74(5) of SEBI (Depositories and Participants) Regulation, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - Certificate from MUFG Intime Private Limited certifying compliance with Reg 74(5) of SEBI (Depositories and Participants) Regulation, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0422f461-af8c-4d71-ae98-bd5e9c95813a.pdf) |
| — | [Closure of Trading Window 25 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0592093-e874-4b63-a667-a799d3c0634a.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad654eb1-c51d-45c5-ae46-341fcd3a356a.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 5 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc6a1e58-25c9-4548-a49e-841fe2b3509e.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:16:00.207Z.
