Provides IT services with a focus on Geographic Information System (GIS) software, web applications, and enterprise solutions to domestic clients. The business earned Rs 48.71 crore in FY25, spread across segments including Enterprise & Cloud Solutions, Creative & Design Services, Digital Marketing & Media, Business & Financial Solutions, Geo-Spatial Technology Development & Services, and ETP Projects. Its GIS product line centres on the IGIS Suite and IGIS Desktop software, customised GIS web application development, and GIS-based field survey and integration services. Recent domestic orders include an Rs 8.43 crore web portal contract from Jamnagar Municipal Corporation, an Rs 4.35 crore GIS-based field survey order from Heliocentrix Technology, an Rs 88.50 lakh IGIS Suite and integration order from Technosys Integrated Solutions, and a Rs 14 lakh IGIS Desktop order from Ananth Technologies. FY25 cost structure was dominated by other operating expenses at 67.8% of revenue, with employee cost at 12.2% and depreciation at 17.8%. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Enterprise & Cloud Solutions, Creative & Design Services, Digital Marketing & Media, Business & Financial Solutions, ETP Projects, Geo-Spatial Technology Development & Services. Small-cap domestic IT services and GIS software vendor
| ₹ crore · consolidated | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 43 | 33 | 17 | 30 | 49 |
| EBITDA (ex other income) | 5 | 5 | 4 | 4 | 10 |
| margin % | 11.7 | 14.9 | 20.8 | 12.8 | 20.1 |
| Owners' profit | 2 | 2 | 1 | 2 | 1 |
| EPS, as reported (₹) | 0.41 | 0.19 | 0.08 | 0.23 | 0.08 |
| ROE % · ROCE % | 3.5 · 5.7 | 2.3 · 4.2 | 0.7 · 2.1 | 1.9 · 2.3 | 0.8 · 1.4 |
| Debt / equity (x) | 0.54 | 0.34 | 0.63 | 0.75 | 0.09 |
| Cash from operations | 2 | (2) | 0 | 6 | (25) |
| Capex | (1) | (1) | (1) | (0) | 0 |
| ₹ crore | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 18 | 22 | 8 | 1 | 5 | 39 | (8) |
| Profit before tax | 1 | 1 | 1 | 1 | (1) | 0 | 1 | (1) |
| Net profit | 1 | 0 | 0 | 1 | (0) | (0) | 0 | (0) |
| EPS (₹) | 0.16 | 0.03 | 0.06 | 0.02 | 0.00 | 0.00 | 0.02 | 0.02 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · AGM notice published in newspapers for 34th annual general meeting | compliance | minimal | — | — |
| 8 Sept 2026 · SGL Resources 34th AGM on Sep 30, 2026 via VC; Annual Report link shared | compliance | minimal | — | — |
| 8 Sept 2026 · 34th AGM on Sep 30 - Borrowing limit hike to Rs 300 Cr, new Independent Director | board shareholder meetings | low | — | — |
| 8 Sept 2026 · AGM on Sep 30; seeks nod for 300 Cr borrowing limit, director changes | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Two independent directors resign from SGL Resources board | management changes | medium | — | — |
| 11 Aug 2026 · Board meeting on Aug 14 to consider Q1 FY27 results | results | low | — | — |
| 30 Jul 2026 · Newspaper publication of audited Q4 and FY26 results | compliance | minimal | — | — |
| 28 Jul 2026 · Corrigendum: Details on Sona Bachani resignation as Independent Director | management changes | medium | — | — |
| 27 Jul 2026 · Board approves FY26 results; one independent director exits, another joins | management changes | medium | — | — |
| 27 Jul 2026 · SGL Resources: FY26 results, ID resignation and new ID appointment | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 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 | 6.2 | 8.4 |
| E2E NETWORKS LIMITED | 12,632 | 287.1 | — | — | — | — | — | 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 61.3 | 18.9 | 68 of 78 | 13% |
| P/B | 0.3 | 2.2 | 4 of 70 | 96% |
| ROCE | 0.5 | 9.7 | 74 of 87 | 15% |
| ROE | 0.2 | 9.4 | 61 of 72 | 16% |
| Debt / Equity | 0.1 | 0.0 | 43 of 72 | 41% |
| EBITDA margin | (18.5) | 13.0 | 68 of 69 | 2% |
| Revenue growth | (203.7) | 20.8 | 67 of 67 | 0% |
| Profit growth | (165.4) | 14.6 | 61 of 64 | 5% |
| Market cap | 61 | 309 | 65 of 87 | 26% |
| 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.
