Moschip Technologies Ltd.

•

moschip.comBSE: 532407NSE: MOSCHIP

Market Cap₹ 4,142 Cr.

Current Price

High / Low₹ 288 / 147

Stock P/E247.8

Book Value₹ 20

Price to Book9.48

Dividend Yield0.00 %

ROCE11.3 %

ROE10.8 %

Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Semi Conductor: 81.7% • Software & System Design: 18.3%

AI Sector View

AI GENERATED

Information Technology

Buy

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.

Confidence

68%

View full sector analysis →

PROS

Company is almost debt free
Company has delivered good sales growth of 43.6% CAGR over last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.21x)

CONS

Recent results are weak - TTM profit is down 50.9% versus prior year
Promoter holding has decreased over last 2 years: -7.2pp
Company has a low return on capital employed of 8.3%
Company has a low return on equity of 6.8% over last 3 years
Effective tax rate is unusually low at 0.0% - earnings may be flattered
Equity base is being diluted - shares outstanding up 19.4%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Information TechnologyITIT - Software

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	TCS	2300.90	16.72	832485.76	4.78	13420.00	4.69	72275.00	13.93	66.25	25.67
2.	INFY	1130.00	15.14	458580.27	4.25	7775.00	12.29	48211.00	14.03	42.84	23.66
3.	HCLTECH	1294.00	20.15	351148.26	4.17	4626.00	20.34	34579.00	13.94	31.20	19.87
4.	WIPRO	176.80	13.25	175109.01	6.22	3356.30	0.59	24478.60	10.59	18.49	18.93
5.	TECHM	1592.00	30.38	156037.29	3.20	1486.30	31.67	15711.90	17.68	23.04	17.43
6.	LTM	4550.00	25.80	134962.70	1.65	1468.60	17.06	11608.00	17.96	30.25	17.75
7.	OFSS	12067.35	30.79	105086.26	3.31	1415.50	120.52	3125.20	68.73	45.50	60.04
8.	PERSISTENT	5655.00	46.38	89207.62	0.71	483.04	13.67	4303.23	29.09	35.09	16.19
9.	COFORGE	1967.45	49.61	87153.72	0.80	531.70	49.19	5527.70	49.86	24.70	19.14
10.	MPHASIS	2425.35	24.23	46294.46	2.56	489.51	10.82	4384.05	17.46	23.31	18.15
11.	LTTS	3492.45	28.07	37047.05	1.66	3571.00	1029.71	29401.00	1014.73	27.70	18.65
12.	MOSCHIP	212.35	154.08	4141.84	0.00	2.45	-77.55	116.21	-14.29	12.80	8.22

Detailed Comparison with:

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
	47	53	69	53	61	105	110	122	118	128	129	138	101
	42	46	65	49	55	93	94	111	105	115	117	131	103
Operating Profit	5	7	4	4	6	12	16	11	13	13	12	8	-2
OPM %	10.13%	13.14%	6.24%	7.06%	10.31%	11.07%	14.70%	9.22%	11.24%	10.45%	9.14%	5.49%	-1.79%
	2	1	0	1	2	1	1	0	1	1	-5	2	2
Interest	1	1	1	1	1	2	2	2	1	1	1	1	2
Depreciation	3	3	3	3	3	3	3	3	3	3	3	4	5
Profit before Tax	2	3	0	0	3	8	12	6	10	11	3	3	0
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	34.20%	0.00%
Net Profit	2	3	0	0	3	8	12	6	10	11	3	2	0
	0.13	0.19	0.03	0.01	0.18	0.40	0.64	0.33	0.52	0.56	0.18	0.12	0.01

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
	5	17	46	59	63	84	121	171	223	387	496
	13	18	51	73	73	76	100	151	203	343	466
Operating Profit	-8	-1	-6	-14	-10	8	21	20	20	44	31
OPM %	-155.71%	-6.53%	-12.84%	-24.38%	-15.83%	9.21%	17.03%	11.61%	9.01%	11.38%	6.23%
	-0	2	1	3	-7	3	2	4	3	4	1
Interest	3	2	5	5	5	8	8	7	6	7	6
Depreciation	0	0	2	6	5	5	9	12	11	12	15
Profit before Tax	-11	-1	-12	-23	-27	-2	5	5	6	29	18
Tax %	-0.00%	-0.00%	-0.00%	-0.00%	-0.05%	-1.73%	0.00%	0.00%	0.00%	0.00%	6.60%
Net Profit	-11	-1	-12	-23	-27	-2	5	5	6	29	17
EPS	0.00	0.00	0.00	0.00	0.00	-0.11	0.32	0.30	0.33	1.53	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 52%
5 Years:: 44%
3 Years:: 47%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 76%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -4%

RETURN ON EQUITY

10 Years:: -9%
5 Years:: 5%
3 Years:: 7%
Last Year:: 11%

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
Equity Capital	9	25	26	31	32	32	32	33	38	38
	-30	13	14	57	55	52	36	73	212	256
	26	27	55	49	63	63	68	58	52	17
Trade Payables	3	0	15	14	15	14	12	11	9	14
	10	9	11	29	11	16	19	37	56	105
Total Liabilities	18	74	120	180	175	176	167	212	366	431
	0	0	37	59	55	51	71	87	77	76
Capital Work in Progress	0	0	2	0	0	0	0	0	0	0
	0	27	6	34	34	34	28	25	159	163
	4	4	4	0	0	0	2	1	1	0
	0	0	0	0	0	0	0	0	83	64
Cash & Bank	0	2	3	2	3	2	1	11	16	48
	13	40	68	85	82	89	66	87	30	79
Total Assets	18	74	120	180	175	176	167	212	366	431

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
	0	-50	-17	-20	-11	6	12	14	25	91
Cash from Investing	0	-2	-18	-5	-0	-0	-6	-16	-75	-16
Cash from Financing	0	52	36	27	13	-8	-8	1	50	-48
	-0	0	0	-0	2	-1	-2	-0	-0	27

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 (₹)	-2.43	-0.09	-0.91	-1.48	-1.73	-0.12	0.34	0.32	0.33	1.53
Book Value (₹)	-4.58	3.03	3.04	5.69	5.46	5.29	4.24	6.36	13.28	15.40
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	-2.39	-0.08	-0.75	-1.06	-1.43	0.17	0.89	1.02	0.94	2.16
PROFITABILITY
Operating Margin %	-148.88%	4.87%	-9.94%	-19.51%	-10.97%	13.22%	18.80%	14.21%	9.01%	11.38%
Net Margin %	-219.44%	-6.64%	-26.17%	-38.76%	-43.16%	-2.19%	4.45%	3.08%	2.79%	7.55%
ROE %	0.00%	-13.27%	-30.70%	-35.71%	-31.49%	-2.18%	7.10%	6.07%	3.50%	10.75%
ROCE %	-131.27%	1.69%	-7.76%	-14.24%	-14.53%	4.43%	9.91%	8.70%	4.98%	11.26%
	-67.06%	-2.41%	-12.28%	-15.17%	-15.43%	-1.05%	3.13%	2.78%	2.15%	7.33%
EFFICIENCY
Debtor Days	578	289	212	235	212	170	140	123	124	69
Inventory Days	262	94	34	15	1	0	6	3	2	0
Payable Days	0	140	204	705	5719	7567	4669	2713	138	269
	840	243	42	-455	-5506	-7397	-4523	-2587	-13	-200
FINANCIAL HEALTH
Debt to Equity (x)	-1.24x	0.72x	1.38x	0.52x	0.69x	0.71x	0.87x	0.37x	0.16x	0.00x
Interest Coverage (x)	-2.79x	0.37x	-1.25x	-3.91x	-4.21x	0.78x	1.64x	1.71x	2.12x	5.20x
	0.45x	1.56x	0.91x	1.31x	1.04x	1.12x	0.84x	1.90x	1.89x	2.40x
GROWTH
Revenue Growth %	-11.95%	227.53%	173.00%	28.82%	7.94%	32.73%	43.55%	41.84%	30.16%	73.76%
Operating Profit Growth %	-276.45%	110.72%	-656.95%	-152.94%	39.29%	259.84%	104.19%	7.22%	-4.28%	106.75%
Net Profit Growth %	-146.19%	90.09%	-975.65%	-90.83%	-20.18%	93.25%	391.03%	-1.88%	18.01%	369.80%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.47%	362.56%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	267.62x	95.38x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	6.67x	9.48x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	72.53x	56.89x

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	46.51	46.10	44.55	44.51	44.28	41.65	40.97	39.83	39.31
	2.86	3.64	2.19	2.42	1.01	0.81	0.47	0.40	0.77
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	50.63	50.26	53.25	53.07	54.71	57.54	58.56	59.77	59.92

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-03

Outcome of Board Meeting

2026-09-03 - MosChip Technologies Limited has informed the Exchange regarding Outcome of Circular Resolution dated September 03, 2026 - 27th AGM of the Company is scheduled to be held on Tuesday, 29-September-2026 at 05.00 p.m. (IST).

2026-09-02

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

2026-09-02 - MosChip Technologies Limited has informed the Exchange about order of the Hon'ble Supreme Court.

2026-08-27

Spurt in Volume

2026-08-27 - Significant increase in volume has been observed in Moschip Technologies Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Moschip Technologies Limited has submitted their response.

2026-08-27

Spurt in Volume

2026-08-27 - Significant increase in volume has been observed in Moschip Technologies Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

2026-08-20

Allotment of Securities

2026-08-20 - Moschip Technologies Limited has informed the Exchange regarding allotment of 335670 securities pursuant to ESOP/ESPS at its meeting held on August 20, 2026

2026-08-03

Clarification - Financial Results

2026-08-03 - The Exchange has sought clarification from Moschip Technologies Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.

2026-07-24

Press Release

2026-07-24 - Moschip Technologies Limited has informed the Exchange regarding a press release dated July 24, 2026, titled "Market Release on Q1 FY 2026-27".

2026-07-24

Outcome of Board Meeting

2026-07-24 - Moschip Technologies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

2026-07-15

Allotment of Securities

2026-07-15 - Moschip Technologies Limited has informed the Exchange regarding allotment of 242636 securities pursuant to ESOP/ESPS at its meeting held on July 15, 2026

News

Recent coverage and analyst commentary for MOSCHIP

Loading news…

🤖

AI Stock Analyst

Moschip Technologies Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

TCS

2300.90

16.72

832485.76

4.78

13420.00

4.69

72275.00

13.93

66.25

25.67

INFY

1130.00

15.14

458580.27

4.25

7775.00

12.29

48211.00

14.03

42.84

23.66

HCLTECH

1294.00

20.15

351148.26

4.17

4626.00

20.34

34579.00

13.94

31.20

19.87

WIPRO

176.80

13.25

175109.01

6.22

3356.30

0.59

24478.60

10.59

18.49

18.93

TECHM

1592.00

30.38

156037.29

3.20

1486.30

31.67

15711.90

17.68

23.04

17.43

LTM

4550.00

25.80

134962.70

1.65

1468.60

17.06

11608.00

17.96

30.25

17.75

OFSS

12067.35

30.79

105086.26

3.31

1415.50

120.52

3125.20

68.73

45.50

60.04

PERSISTENT

5655.00

46.38

89207.62

0.71

483.04

13.67

4303.23

29.09

35.09

16.19

COFORGE

1967.45

49.61

87153.72

0.80

531.70

49.19

5527.70

49.86

24.70

19.14

MPHASIS

2425.35

24.23

46294.46

2.56

489.51

10.82

4384.05

17.46

23.31

18.15

LTTS

3492.45

28.07

37047.05

1.66

3571.00

1029.71

29401.00

1014.73

27.70

18.65

MOSCHIP

212.35

154.08

4141.84

0.00

2.45

-77.55

116.21

-14.29

12.80

8.22

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

105

110

122

118

128

129

138

101

111

105

115

117

131

103

Operating Profit

-2

OPM %

10.13%

13.14%

6.24%

7.06%

10.31%

11.07%

14.70%

9.22%

11.24%

10.45%

9.14%

5.49%

-1.79%

-5

Interest

Depreciation

Profit before Tax

Tax %

0.00%

34.20%

0.00%

Net Profit

0.13

0.19

0.03

0.01

0.18

0.40

0.64

0.33

0.52

0.56

0.18

0.12

0.01

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

121

171

223

387

496

100

151

203

343

466

Operating Profit

-8

-1

-6

-14

-10

OPM %

-155.71%

-6.53%

-12.84%

-24.38%

-15.83%

9.21%

17.03%

11.61%

9.01%

11.38%

6.23%

-0

-7

Interest

Depreciation

Profit before Tax

-11

-1

-12

-23

-27

-2

Tax %

-0.00%

-0.05%

-1.73%

0.00%

6.60%

Net Profit

-11

-1

-12

-23

-27

-2

EPS

0.00

-0.11

0.32

0.30

0.33

1.53

—

Dividend Payout %

0.00%

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

-30

212

256

Trade Payables

105

Total Liabilities

120

180

175

176

167

212

366

431

Capital Work in Progress

159

163

Cash & Bank

Total Assets

120

180

175

176

167

212

366

431

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-50

-17

-20

-11

Cash from Investing

-2

-18

-5

-0

-6

-16

-75

-16

Cash from Financing

-8

-48

-0

-1

-2

-0

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

PER SHARE

EPS (₹)

-2.43

-0.09

-0.91

-1.48

-1.73

-0.12

0.34

0.32

0.33

1.53

Book Value (₹)

-4.58

3.03

3.04

5.69

5.46

5.29

4.24

6.36

13.28

15.40

Dividend per Share (₹)

0.00

Cash EPS (₹)

-2.39

-0.08

-0.75

-1.06

-1.43

0.17

0.89

1.02

0.94

2.16

PROFITABILITY

Operating Margin %

-148.88%

4.87%

-9.94%

-19.51%

-10.97%

13.22%

18.80%

14.21%

9.01%

11.38%

Net Margin %

-219.44%

-6.64%

-26.17%

-38.76%

-43.16%

-2.19%

4.45%

3.08%

2.79%

7.55%

ROE %

0.00%

-13.27%

-30.70%

-35.71%

-31.49%

-2.18%

7.10%

6.07%

3.50%

10.75%

ROCE %

-131.27%

1.69%

-7.76%

-14.24%

-14.53%

4.43%

9.91%

8.70%

4.98%

11.26%

-67.06%

-2.41%

-12.28%

-15.17%

-15.43%

-1.05%

3.13%

2.78%

2.15%

7.33%

EFFICIENCY

Debtor Days

578

289

212

235

212

170

140

123

124

Inventory Days

262

Payable Days

140

204

705

5719

7567

4669

2713

138

269

840

243

-455

-5506

-7397

-4523

-2587

-13

-200

FINANCIAL HEALTH

Debt to Equity (x)

-1.24x

0.72x

1.38x

0.52x

0.69x

0.71x

0.87x

0.37x

0.16x

0.00x

Interest Coverage (x)

-2.79x

0.37x

-1.25x

-3.91x

-4.21x

0.78x

1.64x

1.71x

2.12x

5.20x

0.45x

1.56x

0.91x

1.31x

1.04x

1.12x

0.84x

1.90x

1.89x

2.40x

GROWTH

Revenue Growth %

-11.95%

227.53%

173.00%

28.82%

7.94%

32.73%

43.55%

41.84%

30.16%

73.76%

Operating Profit Growth %

-276.45%

110.72%

-656.95%

-152.94%

39.29%

259.84%

104.19%

7.22%

-4.28%

106.75%

Net Profit Growth %

-146.19%

90.09%

-975.65%

-90.83%

-20.18%

93.25%

391.03%

-1.88%

18.01%

369.80%

0.00%

4.47%

362.56%

VALUATION

P/E (x)

0.00x

267.62x

95.38x

P/B (x)

0.00x

6.67x

9.48x

Dividend Yield %

0.00%

0.00x

72.53x

56.89x

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

46.51

46.10

44.55

44.51

44.28

41.65

40.97

39.83

39.31

2.86

3.64

2.19

2.42

1.01

0.81

0.47

0.40

0.77

DIIs

0.00

Government

0.00

50.63

50.26

53.25

53.07

54.71

57.54

58.56

59.77

59.92

Moschip Technologies Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Moschip Technologies Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI