NSE: CTE · BSE: 532801
CAMBRIDGE TECH ENTER LTD
Classified under IT – Software & Consulting, Cambridge Tech Enterprises operates as a software and IT services company. In FY26 it reported revenue of Rs 181.03 crore, down roughly 9% year-on-year, with a net profit of Rs 0.48 crore. The cost structure is heavily employee-driven: staff costs of Rs 109.29 crore made up 60.4% of revenue, with other operating expenses at 31.4% and depreciation at 4.9%. The company had a wholly owned subsidiary called N2T1 AI Solutions Private Limited, indicating that AI solutions formed part of its offering; this subsidiary was struck off from the Register of Companies on the strength of a board approval dated November 14, 2025. Connected and promoter entities in the filings — Cloud Computing LLC and SmartShift AG (based in Germany) — point to a cloud-computing orientation and overseas business linkages, though the filings do not quantify segment-wise revenue. Overall, the company runs a relatively small, employee-heavy IT services business with limited disclosure on its specific service lines and customer base. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. IT software & consulting services, Cloud computing / overseas IT services. Small, employee-intensive IT software & consulting business with negative top-line growth in FY26.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 112 | 182 | 206 | 199 | 181 |
| EBITDA (ex other income) | 17 | 19 | 21 | (27) | 15 |
| margin % | 15.0 | 10.3 | 10.3 | (13.5) | 8.3 |
| Owners' profit | 10 | 8 | 6 | (48) | 0 |
| EPS, as reported (₹) | 4.99 | 4.15 | 2.84 | (24.48) | 0.24 |
| ROE % · ROCE % | 11.5 · 11.7 | 8.2 · 9.8 | 5.0 · 9.2 | (70.7) · (29.4) | 0.6 · 6.7 |
| Debt / equity (x) | 0.39 | 0.57 | 1.04 | 1.27 | 0.91 |
| Cash from operations | 6 | (22) | 12 | 52 | 36 |
| Capex | (26) | (9) | (38) | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43 | 52 | 51 | 50 | 44 | 47 | 40 | 48 |
| Profit before tax | (28) | (4) | (5) | 1 | (5) | 2 | 4 | 8 |
| Net profit | (29) | (4) | (6) | 1 | (5) | 1 | 4 | 7 |
| EPS (₹) | (14.75) | (2.26) | (3.17) | 0.30 | (2.65) | 0.64 | 1.96 | 3.60 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 8,87,298 | 17.8 | 8.18 | 12.2 | 45.6 | 53.9 | 10.2 | 26.9 |
| INFOSYS LIMITED | 4,55,550 | 15.2 | 4.88 | 9.6 | 31.6 | 38.6 | 12.2 | 25.7 |
| HCL TECHNOLOGIES LTD | 3,78,281 | 21.6 | 5.03 | 13.6 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,82,720 | 14.6 | 2.07 | 8.7 | 15.0 | 17.1 | 8.4 | 22.9 |
| TECH MAHINDRA LIMITED | 1,74,293 | 30.7 | 5.79 | 19.5 | 16.0 | 18.8 | 8.5 | 16.8 |
| LTM LIMITED | 1,21,357 | 23.2 | 5.03 | 14.7 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 91,811 | 47.3 | 11.71 | 31.4 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 86,606 | 39.8 | 8.95 | 30.9 | 18.0 | 17.2 | 28.6 | 18.6 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.3 | 15.0 | 13 of 65 | 81% |
| P/B | 0.9 | 2.6 | 12 of 65 | 83% |
| ROCE | 1.2 | 14.2 | 61 of 76 | 20% |
| ROE | 0.6 | 11.5 | 51 of 64 | 21% |
| Debt / Equity | 0.9 | 0.0 | 62 of 65 | 5% |
| EBITDA margin | 22.8 | 18.4 | 20 of 65 | 70% |
| Revenue growth | (3.8) | 10.6 | 50 of 63 | 21% |
| Profit growth | 1089.7 | 6.7 | 1 of 62 | 100% |
| Market cap | 71 | 419 | 56 of 76 | 27% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 16 Oct 2026 · Submission of dematerialization compliance certificate for Q2 FY27 | compliance | minimal | — | — |
| 30 Sept 2026 · Auditor change at Cambridge Tech - new auditor appointed for 5 years | management changes | medium | — | — |
| 30 Sept 2026 · New statutory auditor appointed at Cambridge Tech Enterprises | management changes | medium | — | — |
| 29 Sept 2026 · Submission of Voting Results and Scrutinizer Report pertaining to the 27th Annual General Meeting of Cambridge Technology Enterprises Limited held on Tuesday, September 29, 2026. | board shareholder meetings | low | — | — |
| 29 Sept 2026 · 27th AGM held on Sept 29, 2026 via VC; 4 resolutions put to vote | board shareholder meetings | medium | — | — |
| 28 Sept 2026 · Trading window closure for Q2 and H1 FY26 results | compliance | minimal | — | — |
| 8 Sept 2026 · 27th AGM notice published in newspapers on Sept 8, 2026 | compliance | minimal | — | — |
| 7 Sept 2026 · FY26 Annual Report access links sent to shareholders | compliance | minimal | — | — |
| 7 Sept 2026 · Book Closure from Sep 23 to Sep 29, 2026 for 27th AGM | board shareholder meetings | low | — | — |
| 7 Sept 2026 · 27th AGM on Sept 29, 2026; book closure Sept 23 to 29; e-voting cut-off Sept 22 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.