Operates IT-enabled services across third-party logistics (3PL), transportation, field operations, HR, and digitisation, based in Ahmedabad. The business is labour-driven, with employee costs at 64.7% of FY26 revenue, other operating expenses at 15.8%, and depreciation at 2.5%, producing an EBITDA margin of 5.75%. Capital intensity is minimal, with no capex or material costs reported. In March 2026, shareholders approved reallocating ₹1,179.59 lakhs of unused 2017 IPO proceeds from their original acquisition and capex objects toward operational expenditure including employee salaries across these verticals. A 2023 Preferential Issue of ₹703.56 lakhs has been fully utilised. The company is listed on BSE. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Third-Party Logistics (3PL), Transportation, Field operations, HR services, Digitisation. Labour-intensive, low-capital IT-enabled services in logistics, transportation, field operations and HR
| ₹ crore · consolidated | FY19 | FY20 |
|---|---|---|
| Revenue | 60 | 81 |
| EBITDA (ex other income) | — | 3 |
| margin % | — | 3.9 |
| Owners' profit | — | 2 |
| EPS, as reported (₹) | 0.47 | 1.27 |
| ROE % · ROCE % | — · 6.0 | 5.8 · 15.2 |
| Debt / equity (x) | — | 0.19 |
| Cash from operations | — | — |
| Capex | — | — |
| ₹ crore | Q4 FY19 | Q3 FY20 | Q4 FY20 |
|---|---|---|---|
| Revenue | 0 | 22 | 21 |
| Profit before tax | 0 | 2 | (0) |
| Net profit | — | 2 | (1) |
| EPS (₹) | 0.00 | 1.55 | (1.29) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 35,510 | 26.9 | 5.47 | 16.3 | 19.7 | 21.1 | 15.1 | 19.6 |
| TATA TECHNOLOGIES LIMITED | 31,087 | 55.8 | 7.92 | 33.8 | 13.9 | 14.3 | — | 18.3 |
| INVENTURUS KNOWLEDGE SO L | 29,665 | 38.0 | 10.59 | 27.0 | 25.8 | 27.7 | — | 33.6 |
| NETWEB TECH INDIA LTD | 28,723 | 109.9 | 39.71 | — | 28.5 | 37.5 | — | 15.7 |
| AFFLE 3I LIMITED | 22,105 | 46.2 | 6.05 | 30.4 | 12.5 | 15.2 | 39.3 | 25.8 |
| SAGILITY LIMITED | 21,150 | 21.3 | 2.19 | 12.0 | 9.6 | 11.6 | — | 22.3 |
| BLACK BOX LIMITED | 14,299 | 61.3 | 11.11 | 28.4 | 16.9 | 9.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Record date set at 21 Sept 2026 for AGM e-voting and dividend | corporate actions | medium | — | — |
| 6 Sept 2026 · Riddhi Corporate Services files FY26 Annual Report, proposes Rs 0.49 dividend | results | high | — | — |
| 5 Sept 2026 · 16th AGM on 28 Sep, Rs 0.49 dividend, director reappointments proposed | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Riddhi Corporate Services reappoints MD and Whole-time Director for 5 years | management changes | high | — | — |
| 5 Sept 2026 · AGM Sep 28 2026, final dividend Rs 0.49 per share, book closure Sep 22-28 | corporate actions | medium | — | — |
| 5 Sept 2026 · 16th AGM on Sept 28; Rs 0.49 dividend, director reappointments | board shareholder meetings | low | — | — |
| 5 Sept 2026 · 16th AGM on 28 Sept; Final Dividend of Rs 0.49 per share declared | board shareholder meetings | low | — | — |
| 10 Aug 2026 · Board Meeting on Aug 14 to consider Q1 FY27 results | results | low | — | — |
| 7 Jul 2026 · Quarterly certificate under SEBI Regulation 74(5) for Q1 FY27 | compliance | minimal | — | — |
| 27 Jun 2026 · Trading window closes 1 July ahead of Q1 FY27 results announcement | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 6.2 |
| 8.4 |
| E2E NETWORKS LIMITED | 12,632 | 287.1 | — | — | — | — | — | 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 216.7 | 18.9 | 76 of 78 | 3% |
| P/B | 2.7 | 2.2 | 43 of 70 | 39% |
| ROCE | 13.2 | 9.7 | 32 of 87 | 64% |
| ROE | 5.8 | 9.4 | 45 of 72 | 38% |
| Debt / Equity | 0.2 | 0.0 | 54 of 72 | 25% |
| EBITDA margin | (0.5) | 13.0 | 63 of 69 | 9% |
| Market cap | 67 | 309 | 63 of 87 | 28% |
| 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 |
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.
