Provides cybersecurity services including managed security operations, security product deployment, and data protection compliance, operating a unified platform called NewEvol. Revenue is concentrated in the BFSI sector (58.3%) and the broader Enterprise segment (63.5%). Notable contracts include a three-year, ₹9.30 crore MSSP engagement with State Bank of India to run a Cyber Security Defence Centre, a ₹2.65 crore firewall and license supply order from a domestic Tier-1 enterprise, and ₹12.45 crore of purchase orders received in June 2026 spanning cybersecurity products, licensing, implementation, and annual maintenance. Operations span India, the USA, the UAE, and Malaysia, supported by a wholly-owned Dubai subsidiary (FZCO) and a 51%-owned Malaysian unit (SDN BHD), with admission as a member of CREST International, a cybersecurity accreditation body. Employee costs are 15.6% of revenue and material inputs are negligible. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Enterprise segment (64%), BFSI sector (58%). Asset-light cybersecurity services with a high recurring revenue component and multi-year managed service contracts.
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 45 | 61 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 6.27 | 11.10 |
| ROE % · ROCE % | — · 16.7 | — · 5.8 |
| Debt / equity (x) | — | — |
| Cash from operations | (7) | 2 |
| Capex | (8) | (152) |
| ₹ crore | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 22 | 22 | 28 | 33 |
| Profit before tax | 1 | 5 | 3 | 8 |
| Net profit | — | — | — | — |
| EPS (₹) | 0.65 | 5.37 | 2.95 | 7.74 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Corrigendum to AGM Notice - Revised SATTRIX ESOP Scheme 2026 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Board approves revised ESOP scheme and AGM corrigendum | corporate actions | medium | — | — |
| 3 Sept 2026 · Board meeting on 8 Sep to revise ESOP scheme and issue AGM corrigendum | capital market events | medium | — | — |
| 3 Sept 2026 · Board meet revised to approve revised ESOP scheme and AGM corrigendum | corporate actions | medium | — | — |
| 1 Sept 2026 · Sattrix secures orders worth Rs 18.17 crore in August 2026 | business updates | medium | — | — |
| 31 Aug 2026 · Newspaper ad for 13th AGM notice and e-voting details | compliance | minimal | — | — |
| 29 Aug 2026 · AGM notice and annual report sent to shareholders without registered emails | compliance | minimal | — | — |
| 29 Aug 2026 · Cut-off date fixed for remote e-voting at 13th AGM | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Sattrix files 13th AGM notice and FY26 annual report with key resolutions | board shareholder meetings | medium | — | — |
| 29 Aug 2026 · Notice of 13th AGM on 22 Sep 2026; IPO fund reallocation and ESOP scheme on agenda | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 14,299 |
| 61.3 |
| 11.11 |
| 28.4 |
| 16.9 |
| 9.5 |
| 6.2 |
| 8.4 |
| E2E NETWORKS LIMITED | 12,632 | 287.1 | — | — | — | — | — | 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 18.6 | 18.9 | 38 of 78 | 52% |
| ROCE | 5.5 | 9.7 | 59 of 87 | 33% |
| Market cap | 352 | 309 | 41 of 87 | 54% |
| 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.
