NSE: SILVERTUC · BSE: 543525
SILVER TOUCH TECHNO LTD
Provides IT software and consulting services to clients primarily in India, with a small overseas presence. In FY26, revenue of Rs 341.99 crore came 93.9% from within India (Rs 295.86 crore) and 6.1% from outside India (Rs 19.27 crore), with employee costs at 47.8% of revenue as the dominant expense and no materials cost. The India segment earned EBIT of Rs 43.54 crore and the overseas segment earned Rs 11.23 crore. A notable contract is the Rs 6.28 crore, 24-month order from RITES Limited, a Government of India Navratna enterprise, to design and deploy PARAKH, an AI-native platform for appraising Detailed Project Reports across railways, highways, ports, airports, and metro projects using three self-hosted AI models on NVIDIA A100 GPUs and 500-plus engineering rules, secured through the Government e-Marketplace. For Q1 FY27 (quarter ended June 30, 2026), standalone total income rose to Rs 72.86 crore from Rs 58.68 crore a year earlier, with PAT of Rs 10.08 crore versus Rs 4.26 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Within India (94%), Outside India (6%). Asset-light IT services with employees as the main input cost
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 164 | 224 | 288 | 342 |
| EBITDA (ex other income) | 17 | 25 | 38 | 60 |
| margin % | 10.3 | 11.1 | 13.0 | 17.5 |
| Owners' profit | 0 | 0 | 22 | 36 |
| EPS, as reported (₹) | 7.66 | 12.67 | 17.50 | 2.82 |
| ROE % · ROCE % | 10.2 · 14.0 | 14.2 · 17.5 | 16.6 · 21.8 | 21.1 · 28.0 |
| Debt / equity (x) | 0.11 | 0.10 | 0.33 | 0.19 |
| Cash from operations | 16 | 3 | (3) | 17 |
| Capex | (21) | (1) | (21) | (9) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74 | 73 | 85 | 63 | 84 | 96 | 100 | 77 |
| Profit before tax | 6 | 7 | 12 | 6 | 10 | 15 | 18 | 13 |
| Net profit | 4 | 5 | 9 | 4 | 7 | 11 | 13 | 10 |
| EPS (₹) | 3.47 | 4.15 | 7.27 | 6.36 | 5.89 | 8.69 | 1.04 | 1.58 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Within India | 299 | 87.3 |
| Outside India | 43 | 12.7 |
| Total, before eliminations | 342 | 100.0 |
Exhibit 4: 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 | 8,87,298 | 17.8 | 8.18 | 12.2 | 45.6 | 53.9 | 10.2 | 26.9 |
| INFOSYS LIMITED | 4,55,550 | 15.2 | 4.88 | 9.6 | 31.6 | 38.6 | 12.2 | 25.7 |
| HCL TECHNOLOGIES LTD | 3,78,281 | 21.6 | 5.03 | 13.6 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,82,720 | 14.6 | 2.07 | 8.7 | 15.0 | 17.1 | 8.4 | 22.9 |
| TECH MAHINDRA LIMITED | 1,74,293 | 30.7 | 5.79 | 19.5 | 16.0 | 18.8 | 8.5 | 16.8 |
| LTM LIMITED | 1,21,357 | 23.2 | 5.03 | 14.7 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 91,811 | 47.3 | 11.71 | 31.4 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 86,606 | 39.8 | 8.95 | 30.9 | 18.0 | 17.2 | 28.6 | 18.6 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 15.0 | 8 of 65 | 89% |
| P/B | 9.2 | 2.6 | 58 of 65 | 11% |
| ROCE | 24.4 | 14.2 | 15 of 76 | 81% |
| ROE | 21.1 | 11.5 | 8 of 64 | 89% |
| Debt / Equity | 0.2 | 0.0 | 48 of 65 | 27% |
| EBITDA margin | 22.2 | 18.4 | 23 of 65 | 66% |
| Revenue growth | 22.3 | 10.6 | 15 of 63 | 77% |
| Profit growth | 147.9 | 6.7 | 5 of 62 | 93% |
| Market cap | 1564 | 419 | 27 of 76 | 65% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · Board to consider Interim Dividend and Q2 FY26-27 results on Oct 29 | corporate actions | high | — | — |
| 21 Oct 2026 · Board meeting on 29 Oct to consider Q2 results and possible interim dividend | results | low | — | — |
| 9 Oct 2026 · Routine RTA compliance certificate filed for Q2 FY26 | compliance | minimal | — | — |
| 7 Oct 2026 · Silver Touch bags Rs 35.63 Crore defence server order from ITI for Indian Army | business updates | high | — | — |
| 1 Oct 2026 · Promoter Vipul Thakkar buys 600 shares of Silver Touch Tech on market | ownership changes | medium | — | — |
| 1 Oct 2026 · Promoter Vipul Thakkar buys 600 shares of Silver Touch Technologies | ownership changes | low | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 26 Sept 2026 · Silver Touch wins ISRO order for high-end workstations | business updates | high | — | — |
| 23 Sept 2026 · Silver Touch Q1FY27: Revenue up 23%, PAT jumps 148% YoY | investor communications | medium | — | — |
| 22 Sept 2026 · Silver Touch bags Rs 5.05 cr 3-year IT order from Gujarat Energy | business updates | high | — | — |
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.