BSE: 544637
Methodhub Software Limited
Provides IT consulting, software development, and AI-enabled platforms to global enterprises, with a heavy focus on pharma, life sciences, healthcare, manufacturing, logistics, and publishing sectors. The core services business was scaled sharply in FY26 through four subsidiary acquisitions completed in H2 FY26, including a 100% stake in Leo Technology Ventures Inc. (USA), a 60% stake in Sewtech Inc. (USA), a 100% acquisition of Venusgeo Solutions (Mexico), and a step-down entry into Nemera Technologies (Thailand). Beyond services, the company markets a portfolio of proprietary AI platforms: BalinX AI and Factirize for manufacturing/pharma/logistics, QuantumHire for enterprise recruitment, CoAPP for publishing workflow automation, and GreenFuturz, alongside a pharmacovigilance partnership with Datafoundry. Delivery footprint spans 4 Indian cities plus offices in the USA, Canada, Thailand, Mexico, and Costa Rica, serving 40+ clients with 500+ professionals, and the firm secured HIPAA certification to take on US healthcare work. Materials and sub-contracted services form the biggest cost line at 65.8% of revenue, while employee costs are 9.5% and capex is a thin 1.0% — consistent with an asset-light, talent-and-platform model rather than infrastructure ownership. Consolidated FY26 revenue of ₹332.88 crore (up 146% year-on-year) and EBITDA margin of 19.96% (up from 13.52%) reflect the inorganic scale-up; on a standalone basis the organic business grew only ~7% to ₹62.57 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. IT consulting & software development services, Proprietary AI platforms and products, Pharma-tech and pharmacovigilance services, Healthcare and HIPAA-compliant managed services. Asset-light IT services and AI-platform business, with FY26 growth driven by cross-border acquisitions rather than organic scale.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 333 |
| EBITDA (ex other income) | 63 |
| margin % | 18.9 |
| Owners' profit | — |
| EPS, as reported (₹) | 21.63 |
| ROE % · ROCE % | — · 36.0 |
| Debt / equity (x) | — |
| Cash from operations | 6 |
| Capex | (3) |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q4 FY26 |
|---|---|
| Revenue | 185 |
| Profit before tax | 25 |
| Net profit | — |
| EPS (₹) | 7.87 |
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 | 9,04,457 | 17.5 | 7.54 | 12.4 | 22.8 | 27.5 | 10.2 | 25.7 |
| INFOSYS LIMITED | 4,79,412 | 15.6 | 4.82 | 10.8 | 15.7 | 20.1 | 12.2 | 23.7 |
| HCL TECHNOLOGIES LTD | 3,90,960 | 21.3 | 5.14 | 14.3 | 12.8 | 14.9 | 11.5 | 21.0 |
| WIPRO LTD | 1,96,119 | 15.5 | 2.48 | 11.4 | 8.3 | 9.2 | 8.4 | 19.6 |
| TECH MAHINDRA LIMITED | 1,79,475 | 29.4 | 5.96 | 19.6 | 10.3 | 12.9 | 8.5 | 17.8 |
| LTM LIMITED | 1,28,405 | 24.6 | 4.95 | 16.7 | 11.0 | 13.2 | 27.9 | 17.7 |
| PERSISTENT SYSTEMS LTD | 95,494 | 52.5 | 11.12 | 33.8 | 9.7 | 11.7 | 28.6 | 13.6 |
| COFORGE LIMITED | 91,967 | 40.5 | 4.08 | 31.1 | 5.0 | 5.2 | 28.6 | 19.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.5 | 16.4 | 8 of 65 | 89% |
| ROCE | 26.0 | 8.0 | 4 of 74 | 96% |
| EBITDA margin | 18.3 | 16.2 | 30 of 76 | 61% |
| Market cap | 126 | 458 | 52 of 76 | 32% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 6 Nov 2026 · Board to approve half-year results on November 13, 2026 | results | low | — | — |
| 16 Oct 2026 · Methodhub Software files investor presentation; FY26 revenue up 145.5% YoY | investor communications | medium | — | — |
| 16 Oct 2026 · Invicta Capserv crosses 5% in Methodhub Software via open market buy | ownership changes | medium | — | — |
| 12 Oct 2026 · RTA compliance certificate for quarter ended September 30, 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · 10th AGM results: all 6 resolutions passed with 99.99% approval | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Trading window closed ahead of H2 FY26 results | compliance | minimal | — | — |
| 29 Sept 2026 · 10th AGM held; financials and director appointments approved | board shareholder meetings | medium | — | — |
| 18 Sept 2026 · Subsidiary bags Rs 161 cr telecom managed services order from Thailand entity | business updates | high | — | — |
| 5 Sept 2026 · Newspaper Publication of 10th AGM Notice | compliance | minimal | — | — |
| 4 Sept 2026 · Methodhub Software 10th AGM notice and FY26 annual report | compliance | minimal | — | — |
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.