CyberTech Systems And Software Ltd.
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ABOUT
AI Sector View
AI GENERATEDInformation Technology
IT is supported by a still-expanding services backdrop and a weaker rupee. Export of services grew 13.0% YoY (2026-06), services PMI was 54.1 (Aug/26), and the currency at 95.23 (Sep/26) is depreciated versus the previous 95.16, which helps INR translation of export revenues. FPI positioning is only neutral-to-soft with net 3-month flow of INR -5 crore to 2026-08-31, so the positive stance is primarily macro-driven.
PROS
- Company is almost debt free
- Company has delivered good sales growth of 21.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 50.5%
- Company comfortably covers its interest (54.9x coverage)
- Offers a healthy dividend yield of 18.0%
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (48.3% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Operating margins have contracted to 13.0% from 24.3%
- Equity base is being diluted - shares outstanding up 10.5%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TCS | 2345.00 | 17.04 | 848441.52 | 4.69 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| INFY | 1139.20 | 15.26 | 462313.84 | 4.21 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| HCLTECH | 1330.90 | 20.73 | 361161.69 | 4.06 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| WIPRO | 177.35 | 13.29 | 175653.75 | 6.20 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| TECHM | 1622.00 | 30.96 | 158977.70 | 3.14 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| LTM | 4589.40 | 26.03 | 136131.39 | 1.63 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| OFSS | 12104.90 | 30.89 | 105413.25 | 3.30 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| PERSISTENT | 5695.00 | 46.71 | 89838.62 | 0.70 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| COFORGE | 1960.15 | 49.42 | 86819.06 | 0.81 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| MPHASIS | 2481.50 | 24.79 | 47366.24 | 2.50 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| LTTS | 3509.20 | 28.20 | 37224.73 | 1.65 | 3571.00 | 1029.71 | 29401.00 | 1014.73 | 27.70 | 18.65 |
| CYBERTECH | 133.35 | 12.77 | 405.13 | 18.00 | 9.48 | 15.95 | 68.45 | 17.63 | 19.87 | 8.35 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 38 | 38 | 43 | 40 | 40 | 40 | 41 | 40 | 40 | 39 | 41 | 44 | |
| 34 | 34 | 33 | 33 | 35 | 34 | 34 | 36 | 36 | 36 | 36 | 36 | 40 | |
| Operating Profit | 3 | 4 | 5 | 10 | 5 | 6 | 6 | 5 | 3 | 4 | 3 | 5 | 5 |
| OPM % | 8.86% | 10.00% | 13.29% | 22.83% | 13.38% | 14.88% | 14.77% | 12.42% | 8.61% | 10.46% | 8.32% | 12.15% | 11.63% |
| Other Income | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 3 | 4 | 6 | 11 | 7 | 8 | 9 | 8 | 6 | 9 | 7 | 9 | 8 | |
| Tax % | 24.56% | 24.25% | 25.36% | 24.93% | 24.36% | 24.66% | 25.11% | 16.26% | 23.73% | 23.94% | 22.68% | 26.08% | 24.58% |
| Net Profit | 3 | 3 | 4 | 8 | 5 | 6 | 7 | 7 | 5 | 6 | 5 | 7 | 6 |
| 1 | 1 | 1 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | |
| Equity Capital | 28 | 28 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 30 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 44 | 56 | 51 | 54 | 62 | 68 | 79 | 114 | 156 | 161 | 165 | |
| 39 | 48 | 51 | 47 | 50 | 58 | 68 | 93 | 136 | 140 | 148 | |
| Operating Profit | 9 | 18 | 9 | 13 | 19 | 16 | 19 | 28 | 31 | 36 | — |
| OPM % | 20 | 31 | 18 | 25 | 30 | 23 | 24 | 25 | 20 | 23 | — |
| Other Income | 4 | 10 | 9 | 7 | 6 | 6 | 8 | 7 | 11 | 15 | 18 |
| Interest | 1 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 3 | 4 | 5 | 5 | 4 | 6 | 6 | 6 | 6 | 4 | 3 |
| 5 | 12 | 3 | 7 | 14 | 10 | 13 | 22 | 24 | 32 | 32 | |
| Tax % | 46 | 26 | 28 | 26 | 23 | -56 | 26 | 26 | 25 | 23 | 24 |
| Net Profit | 3 | 9 | 2 | 6 | 11 | 16 | 10 | 16 | 18 | 25 | 24 |
| EPS | 0 | 0 | 0 | 0 | 0 | 6 | 3 | 6 | 6 | 8 | — |
| Dividend Payout % | 100 | 31 | 140 | 50 | 26 | 18 | 44 | 36 | 34 | 50 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 1 | 2 | 4 | 6 | 3 | 6 | 6 | 8 | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 15%
- 5 Years:
- 21%
- 3 Years:
- 27%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 12%
- 5 Years:
- 18%
- 3 Years:
- 37%
STOCK PRICE CAGR
- 10 Years:
- 4%
- 5 Years:
- -6%
- 3 Years:
- 0%
- 1 Year:
- -15%
RETURN ON EQUITY
- 10 Years:
- 10%
- 5 Years:
- 12%
- 3 Years:
- 13%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 27 | 27 | 27 | 28 | 28 | 28 | 28 | 28 | 31 | 31 |
| 47 | 57 | 58 | 62 | 67 | 80 | 89 | 102 | 151 | 169 | |
| 11 | 10 | 11 | 18 | 3 | 2 | 1 | 1 | 3 | 4 | |
| Trade Payables | 3 | 5 | 6 | 6 | 5 | 6 | 5 | 13 | 13 | 16 |
| 35 | 32 | 28 | 23 | 28 | 18 | 17 | 18 | 21 | 25 | |
| Total Liabilities | 123 | 131 | 130 | 136 | 130 | 133 | 141 | 163 | 220 | 245 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 39 | 41 | 30 | 31 | 32 | 36 | 31 | 26 | 25 | 24 | |
| Capital Work in Progress | 8 | 7 | 8 | 3 | 3 | 0 | 0 | 0 | 0 | 0 |
| 24 | 30 | 37 | 48 | 44 | 34 | 44 | 43 | 49 | 54 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 | 42 | |
| Cash & Bank | 4 | 4 | 5 | 4 | 6 | 12 | 9 | 11 | 62 | 78 |
| 48 | 49 | 50 | 51 | 46 | 52 | 58 | 81 | 48 | 47 | |
| Total Assets | 123 | 131 | 130 | 136 | 130 | 133 | 141 | 163 | 220 | 245 |
| Total Debt | 11 | 10 | 11 | 18 | 3 | 2 | 1 | 1 | 3 | 4 |
| Net Working Capital | 16 | 18 | 18 | 18 | 29 | 44 | 50 | 60 | 121 | 137 |
| Contingent Liabilities | 20 | 1 | 1 | 1 | 1 | 8 | 0 | 0 | 0 | 0 |
| Book Value per Share | 27.36 | 31.13 | 30.99 | 32.40 | 34.28 | 38.97 | 41.71 | 45.66 | 58.50 | 64.25 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 8 | 11 | 11 | 18 | 9 | 10 | 11 | 14 | 26 | |
| Cash from Investing | -5 | -5 | -3 | -14 | -1 | -2 | -10 | 1 | -52 | -11 |
| Cash from Financing | 1 | -3 | -4 | 3 | -19 | -4 | -1 | -4 | 36 | -6 |
| -0 | 0 | 4 | -1 | -2 | 4 | -2 | 8 | -2 | 9 | |
| Free Cash Flow | -1 | 8 | 11 | 11 | 13 | 3 | 9 | 10 | 12 | 25 |
| OCF / Net Profit | 1.27 | 0.94 | 5.38 | 1.92 | 1.66 | 0.58 | 1.04 | 0.68 | 0.75 | 1.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 41 | 45 | 46 | 46 | 47 | 59 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | ||||||||||
| EPS (₹) | 1.00 | 3.25 | 0.71 | 2.00 | 3.85 | 5.69 | 3.40 | 5.61 | 5.88 | 7.92 |
| Book Value (₹) | 27.36 | 31.13 | 30.99 | 32.40 | 34.28 | 38.97 | 41.71 | 45.66 | 58.50 | 64.25 |
| Dividend per Share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.50 | 2.00 | 2.00 | 4.00 |
| Cash EPS (₹) | 2.22 | 4.80 | 2.39 | 3.72 | 5.44 | 7.72 | 5.62 | 7.79 | 7.76 | 9.17 |
| PROFITABILITY | ||||||||||
| Operating Margin % | 20.45% | 31.37% | 18.02% | 24.72% | 29.91% | 23.50% | 24.31% | 24.68% | 12.68% | 13.01% |
| Net Margin % | 6.03% | 15.76% | 3.84% | 10.24% | 17.04% | 23.14% | 12.08% | 13.96% | 11.74% | 15.32% |
| ROE % | 3.63% | 11.16% | 2.32% | 6.33% | 11.54% | 15.54% | 8.50% | 12.90% | 11.73% | 12.92% |
| ROCE % | 7.05% | 14.72% | 4.74% | 8.40% | 13.79% | 9.81% | 11.30% | 17.57% | 15.75% | 16.68% |
| 2.20% | 6.93% | 1.50% | 4.14% | 7.95% | 11.90% | 6.97% | 10.50% | 9.57% | 10.62% | |
| EFFICIENCY | ||||||||||
| Debtor Days | 163 | 155 | 212 | 216 | 180 | 157 | 131 | 113 | 92 | 88 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 163 | 155 | 212 | 216 | 180 | 157 | 131 | 113 | 92 | 88 | |
| FINANCIAL HEALTH | ||||||||||
| Debt to Equity (x) | 0.15x | 0.12x | 0.13x | 0.20x | 0.03x | 0.02x | 0.01x | 0.01x | 0.02x | 0.02x |
| Interest Coverage (x) | 6.91x | 9.50x | 2.47x | 7.87x | 29.26x | 43.01x | 103.86x | 47.71x | 42.41x | 54.88x |
| 1.35x | 1.46x | 1.45x | 1.42x | 1.94x | 3.03x | 3.38x | 3.01x | 4.77x | 4.55x | |
| GROWTH | ||||||||||
| Revenue Growth % | 11.64% | 26.08% | -8.60% | 5.40% | 15.47% | 9.10% | 16.84% | 44.27% | 36.37% | 3.33% |
| Operating Profit Growth % | 17.02% | 93.43% | -47.50% | 44.60% | 39.68% | -14.28% | 20.89% | 46.47% | 9.04% | 18.19% |
| Net Profit Growth % | -67.27% | 229.21% | -77.74% | 181.40% | 92.07% | 48.16% | -39.01% | 66.79% | 14.66% | 34.80% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.96% | 34.69% | |
| VALUATION | ||||||||||
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 23.46x | 18.61x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.36x | 2.30x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.45% | 2.71% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.05x | 10.60x |
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-03 - Cybertech Systems And Software Limited has informed the Exchange regarding 'Intimation To Shareholders Whose E-Mail-ID Not Registered With Company/Depository Participant'.
2026-09-03 - Cybertech Systems And Software Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Sep-2026.
2026-09-03 - Cybertech Systems And Software Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026
2026-08-28 - Cybertech Systems And Software Limited has informed the Exchange about Copy of Newspaper Publication
2026-07-24 - Cybertech Systems And Software Limited has informed the Exchange about Copy of Newspaper Publication
2026-07-24 - Cybertech Systems And Software Limited has informed the Exchange regarding 'Press release and earning presentation for the quarter ended June 30, 2026'.
2026-07-23 - Cybertech Systems And Software Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
2026-07-23 - Cybertech Systems And Software Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-14 - Cybertech Systems And Software Limited has informed the Exchange regarding 'Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018'.
News
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