BSE: 543606
CONTAINE TECHNOLOGIES LIMITED
Manufactures Vehicle Location Tracking Devices (VLTDs) — speed-limiting and tracking hardware for vehicles — at a Hyderabad facility, handling end-to-end assembly, testing and quality assurance. FY26 revenue of Rs 26.19 crore came entirely from this single product line. Production is supported by a dedicated purchase function managing components, materials, vendor identification, supplier negotiations and inventory. A recurring component sits alongside hardware sales: unbilled receivables of Rs 210.15 lakh at year-end relate to subscription, SIM connectivity and installation support services tied to the device business. Materials dominate costs at 77.6% of FY26 revenue, while employee costs ran at 1.1% and other operating expenses at 1.5%. Capex was nil for the year. The board has approved a rights issue of up to around Rs 21 crore and plans to raise authorised share capital from Rs 10 crore to Rs 25 crore to fund further capital needs. Operations are concentrated in a single product category, with total assets of Rs 37.41 crore and revenue of Rs 26.19 crore in FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Vehicle Location Tracking Devices (VLTDs) / vehicle speed limiting and tracking devices (100%). Small-cap, single-product, BSE-listed VLTD manufacturer; capital-light (nil capex FY26)
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 5 | 10 | 15 | 26 |
| EBITDA (ex other income) | — | — | — | — |
| margin % | — | — | — | — |
| Owners' profit | — | — | — | — |
| EPS, as reported (₹) | 0.66 | 1.71 | 1.44 | 2.25 |
| ROE % · ROCE % | — · 7.5 | — · 16.0 | — · 9.6 | — · 12.5 |
| Debt / equity (x) | — | — | — | — |
| Cash from operations | (4) | 0 | (4) | 1 |
| Capex | — | — | (1) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 4 | 4 | 6 | 7 | 9 | 12 | 14 |
| Profit before tax | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 1 |
| Net profit | — | — | — | — | — | — | — | — |
| EPS (₹) | 0.05 | 0.52 | 1.18 | 0.54 | 0.77 | 0.66 | 0.49 | 1.78 |
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. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 46,904 | 97.4 | 24.99 | 80.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,105 | 81.2 | 9.82 | 52.4 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 26,932 | 49.1 | 6.04 | — | 11.8 | 15.5 | — | 18.2 |
| JYOTI CNC AUTOMATION LTD | 21,121 | 65.7 | 10.55 | 37.3 | 16.8 | 19.2 | — | 22.2 |
| KAYNES TECHNOLOGY IND LTD | 20,995 | 60.6 | 4.41 | 29.9 | 7.6 | 9.8 | — | 17.1 |
| LMW LIMITED | 17,483 | 100.1 | 6.10 | 56.6 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 13,085 | 459.6 | 3.84 | 39.1 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,360 | 48.5 | 7.34 | 50.4 | 11.7 | 11.5 | — | 15.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.1 | 26.7 | 8 of 130 | 95% |
| ROCE | 9.0 | 11.3 | 90 of 142 | 37% |
| Revenue growth | 150.0 | 20.6 | 7 of 114 | 95% |
| Market cap | 10 | 273 | 137 of 141 | 3% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 16 Oct 2026 · Company Secretary Nikitha Sarda resigns effective 16 October 2026 | management changes | medium | — | — |
| 8 Oct 2026 · Routine compliance certificate, no physical shares demated in Q2 FY27 | compliance | minimal | — | — |
| 8 Oct 2026 · Promoters raise stake to 71.63 percent via Rights Issue at Containe Technologies | ownership changes | medium | — | — |
| 1 Oct 2026 · Containe Technologies 18th AGM: Both resolutions passed with 100% votes in favor | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Containe Technologies 18th AGM held on Sep 30, 2026; two resolutions discussed | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Newspaper ad published post rights issue per SEBI rules | compliance | minimal | — | — |
| 29 Sept 2026 · Allotment of 84 lakh equity shares under Rights Issue at Rs 1 per share | corporate actions | high | — | — |
| 28 Sept 2026 · Trading window closed ahead of H1 FY27 results | compliance | minimal | — | — |
| 9 Sept 2026 · Newspaper ad published for 18th AGM notice and book closure details | compliance | minimal | — | — |
| 8 Sept 2026 · Record date fixed for 18th AGM e-voting on 23 September 2026 | 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.