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COVANCE SOFTSOL LIMITED

Information Technology › IT - Software
₹189.95
at close · 29 Oct 2026
▲ 17.25 (+9.99%)

Latest filings

  1. Routine RTA certificate for Q2 FY27 demat requests · Compliance
  2. AGM results: All resolutions passed with 100% approval · Board & Shareholder Meetings
  3. 3rd AGM held on Sept 30, 2026 — financial statements and director re-appointment · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides IT and IT-enabled services through its Hyderabad-based Indian operations and a wholly-owned US subsidiary, Softsol Resources Inc. The entity was carved out via the September 2024 demerger of the IT/ITES business from Softsol India Limited and listed on BSE on 20 February 2025. Revenue is generated from software services delivered through both the Indian standalone entity and the US arm, with the US subsidiary contributing ₹25.96 crore of revenue in a single recent quarter. Standalone Indian revenue from operations stood at ₹36.18 crore in Q2 FY26, while consolidated FY26 revenue was ₹145.96 crore. The cost base is dominated by employee expenses at 44.4% of revenue, with materials at nil and capex at 0.4% of revenue, making it an asset-light services model. A ₹7.38 crore rights issue in September 2025 was used to repay dues to Softsol India Limited and for general corporate purposes.

Operating scale
US subsidiary quarterly revenue
₹25.96 croreQ3 FY26
Consolidated FY26 revenue
₹145.96 croreFY26
Standalone revenue from operations
₹36.18 croreQ2 FY26
Employee cost share of revenue
44.4%FY26
Capex intensity
0.4% of revenueFY26
BSE listing date
20 February 2025
Who pays it
Clients served through wholly-owned US subsidiary Softsol Resources Inc. and Indian standalone operations.
Biggest cost
Employee expenses at 44.4% of revenue in FY26
Kind of business
Asset-light IT/ITES services company
Where it sits
Hyderabad-based, small-cap BSE-listed IT/ITES firm carved out of Softsol India Limited in September 2024
Market Cap
₹421 Cr
P / E (TTM)
9.9×
EV / EBITDA
7.1×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
24.7%▲
ROCE (FY26)
ROE 20.4% · margin 36.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹9.56 Cr
Moves on a normal day
1.99%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 78 Computers - Software & Consulting peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#11/65
P/B#30/65
ROCE#17/76
ROE#12/64
Debt / Equity#1/65
EBITDA margin#2/65
Revenue growth#53/63
Profit growth#10/62

Scorecard

Measured from the filed financials, judged against its Computers - Software & Consulting peers · as of FY26 — not investment advice

Strengths
Returns on capital 24.7%
#17 of 76 in Computers - Software & Consulting on the latest reported figures
No borrowings on the balance sheet
lower than 67% of its 65 Computers - Software & Consulting peers
Concerns
Nothing flagged in the filed numbers.

Charts

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Peers

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Financials

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Ownership

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Common questions

Answered from COVANCE SOFTSOL LIMITED's filed financials and exchange disclosures

What does COVANCE SOFTSOL LIMITED do?

COVANCE SOFTSOL LIMITED is a IT - Software company listed on BSE.

Is COVANCE SOFTSOL LIMITED profitable?

Yes. Over the trailing twelve months COVANCE SOFTSOL LIMITED reported a net profit of ₹39 Cr on revenue of ₹142 Cr.

Does COVANCE SOFTSOL LIMITED pay a dividend?

Not in the latest reported year — COVANCE SOFTSOL LIMITED's dividend payout for FY26 was nil.

Is COVANCE SOFTSOL LIMITED debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹9.56 Cr of cash.

Is COVANCE SOFTSOL LIMITED expensive compared with its peers?

On trailing P/E, COVANCE SOFTSOL LIMITED ranks 11 of 65 in Computers - Software & Consulting — cheaper than 84% of them, against an industry median of 15.7×. This is a position, not a valuation judgement.

How much does the COVANCE SOFTSOL LIMITED share price move in a day?

On a typical session COVANCE SOFTSOL LIMITED moves 1.99% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track COVANCE SOFTSOL LIMITED's announcements?

Every NSE and BSE filing by COVANCE SOFTSOL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.