An IT-enabled services company operating through two reported business streams. Partner Business earned Rs 4.88 crore in Q4 FY26 with an EBIT loss of Rs 0.05 crore, while Enterprise Business earned Rs 12.81 crore in the same quarter with an EBIT of Rs 1.89 crore, making Enterprise Business the profit driver. The combined entity reported Rs 67.91 crore of revenue and Rs 2.06 crore of net profit for FY26 on total assets of Rs 89.53 crore. The cost structure is dominated by employee costs at 17.0% of revenue and depreciation at 17.7%, with materials at only 7.0% and capex at 15.6% of revenue, indicating an asset-heavy operating model. The company is classified under IT Enabled Services, listed on BSE, and is small-cap with outstanding borrowings of Rs 10.83 crore well below the Rs 100 crore Large Corporate threshold. Recent senior appointments include a new COO with prior leadership experience in cloud, IT infrastructure, DevOps and AI-driven automation at firms such as Mphasis, Incedo, Wipro and Microland, suggesting service capabilities in enterprise IT infrastructure and managed services. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Enterprise Business, Partner Business. Small-cap, asset-heavy IT enabled services with depreciation and capex each near 16-18% of revenue.
| ₹ crore · consolidated | FY19 | FY20 | FY21 |
|---|---|---|---|
| Revenue | 77 | 68 | 64 |
| EBITDA (ex other income) | 8 | 12 | 11 |
| margin % | 10.5 | 18.3 | 16.6 |
| Owners' profit | 0 | 0 | (1) |
| EPS, as reported (₹) | (1.23) | (0.81) | (0.42) |
| ROE % · ROCE % | (7.2) · (4.4) | (5.1) · 1.0 | (2.8) · 0.3 |
| Debt / equity (x) | 0.17 | 0.24 | 0.28 |
| Cash from operations | — | — | 8 |
| Capex | — | — | (5) |
| ₹ crore | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 | Q4 FY21 | Q1 FY22 | Q2 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 9 | 14 | 17 | 25 | 22 | 23 | 33 |
| Profit before tax | 0 | (3) | (1) | 1 | 1 | 0 | 1 | 1 |
| Net profit | (1) | (2) | (0) | 0 | 1 | 0 | 1 | 1 |
| EPS (₹) | (0.39) | (0.76) | (0.19) | 0.17 | 0.36 | 0.04 | 0.25 | 0.26 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Printer Business | 27 | 41.1 |
| MPS Business | 35 | 54.3 |
| Digital Business | 3 | 4.5 |
| Total, before eliminations | 64 | 100.0 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 22 Aug 2026 · Notice of 31st AGM, e-voting, book closure and dividend | compliance | minimal | — | — |
| 21 Aug 2026 · WeP Solutions Annual Report FY2025-26 with Rs 0.50 dividend | results | high | — | — |
| 21 Aug 2026 · 31st AGM notice on 16 Sep 2026; Rs 0.50 dividend, ESOP 2026, director changes | board shareholder meetings | low | — | — |
| 11 Aug 2026 · Prior intimation of 31st AGM scheduled on 16 September 2026 | compliance | minimal | — | — |
| 10 Aug 2026 · Clarification on ESOP Allotment Distinctive Number | capital market events | low | — | — |
| 10 Aug 2026 · WEP Solutions Q1 FY27 Results: Net Profit Down 37% YoY to Rs 34.14 Lakh | compliance | minimal | — | — |
| 8 Aug 2026 · WEP Solutions fixes Sep 10-16 book closure for 31st AGM | board shareholder meetings | low | — | — |
| 8 Aug 2026 · AGM on Sept 16, 2026; record date Sept 9 for dividend and e-voting | corporate actions | high | — | — |
| 8 Aug 2026 · 31st AGM scheduled for September 16, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 8 Aug 2026 · WEP Solutions CFO change: Pradeep S becomes advisor, Muniramaiah new CFO | management changes | high | — | — |
| 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 |
| 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 | 6.2 | 8.4 |
| E2E NETWORKS LIMITED | 12,632 | 287.1 | — | — | — | — | — | 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 37.4 | 18.9 | 58 of 78 | 26% |
| P/B | 2.4 | 2.2 | 39 of 70 | 45% |
| ROCE | 2.5 | 9.7 | 68 of 87 | 22% |
| ROE | 2.0 | 9.4 | 55 of 72 | 24% |
| Debt / Equity | 0.1 | 0.0 | 41 of 72 | 44% |
| EBITDA margin | 11.4 | 13.0 | 41 of 69 | 41% |
| Revenue growth | 90.8 | 20.8 | 10 of 67 | 86% |
| Profit growth | 111.6 | 14.6 | 10 of 64 | 86% |
| Market cap | 125 | 309 | 56 of 87 | 36% |
| 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.
