SA Tech Software India Ltd.
•₹ 32.1-3.6%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.9%
- Company has a healthy return on capital (ROCE) of 26.1%
- Operating margins have improved to 12.0% from -9.1%
- Company comfortably covers its interest (6.3x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Operating cash flow has been negative in recent years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.41x)
- Working capital days have increased from 53 to 108 days
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 357.10 | 12.97 | 2940.10 | 11.47 | 27.70 | 18.65 |
| 12. | SATECH | 32.00 | 19.83 | 41.78 | 0.00 | — | — | — | — | 29.98 | — |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 41 | 56 | 72 | 100 | |
| 45 | 52 | 65 | 88 | |
| Operating Profit | -4 | 5 | 8 | 13 |
| OPM % | -9 | 9 | 11 | 13 |
| Other Income | 0 | 0 | 0 | 1 |
| Interest | 3 | 3 | 3 | 2 |
| Depreciation | 1 | 1 | 1 | 2 |
| -7 | 2 | 4 | 10 | |
| Tax % | 21 | 38 | 11 | 22 |
| Net Profit | -5 | 1 | 4 | 7 |
| EPS | -6 | 1 | 4 | 6 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -6 | 1 | 4 | 6 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -6 | 1 | 4 | 6 |
Mar 2022
- 41
- 45
- Operating Profit
- -4
- OPM %
- -9
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- -7
- Tax %
- 21
- Net Profit
- -5
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
Mar 2023
- 56
- 52
- Operating Profit
- 5
- OPM %
- 9
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 2
- Tax %
- 38
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 72
- 65
- Operating Profit
- 8
- OPM %
- 11
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 4
- Tax %
- 11
- Net Profit
- 4
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 100
- 88
- Operating Profit
- 13
- OPM %
- 13
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- 10
- Tax %
- 22
- Net Profit
- 7
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 34%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -42%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 28%
- Last Year:
- 29%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 9 | 13 |
| 6 | 7 | 2 | 27 | |
| 8 | 6 | 3 | 10 | |
| Trade Payables | 1 | 3 | 1 | 3 |
| 15 | 16 | 21 | 7 | |
| Total Liabilities | 30 | 33 | 37 | 60 |
| ASSETS | - | - | - | - |
| 3 | 3 | 4 | 4 | |
| 5 | 5 | 5 | 3 | |
| 0 | 0 | 16 | 22 | |
| Cash & Bank | 1 | 6 | 1 | 2 |
| 22 | 20 | 11 | 28 | |
| Total Assets | 30 | 33 | 37 | 60 |
| Total Debt | 20 | 15 | 13 | 12 |
| Net Working Capital | 6 | 4 | 10 | 29 |
| Contingent Liabilities | 0 | 0 | 5 | 5 |
| Book Value per Share | 154.46 | 179.73 | 12.25 | 30.36 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 20 | 15 | 13 | 12 |
| Net Working Capital | 6 | 4 | 10 | 29 |
| Contingent Liabilities | 0 | 0 | 5 | 5 |
| Book Value per Share | 154.46 | 179.73 | 12.25 | 30.36 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 0
- 6
- 8
- Trade Payables
- 1
- 15
- Total Liabilities
- 30
- 3
- 5
- 0
- Cash & Bank
- 1
- 22
- Total Assets
- 30
- Total Debt
- 20
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 154.46
- Face Value
- 10.00
- Total Debt
- 20
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 154.46
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 0
- 7
- 6
- Trade Payables
- 3
- 16
- Total Liabilities
- 33
- 3
- 5
- 0
- Cash & Bank
- 6
- 20
- Total Assets
- 33
- Total Debt
- 15
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 179.73
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 179.73
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 9
- 2
- 3
- Trade Payables
- 1
- 21
- Total Liabilities
- 37
- 4
- 5
- 16
- Cash & Bank
- 1
- 11
- Total Assets
- 37
- Total Debt
- 13
- Net Working Capital
- 10
- Contingent Liabilities
- 5
- Book Value per Share
- 12.25
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 10
- Contingent Liabilities
- 5
- Book Value per Share
- 12.25
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 13
- 27
- 10
- Trade Payables
- 3
- 7
- Total Liabilities
- 60
- 4
- 3
- 22
- Cash & Bank
- 2
- 28
- Total Assets
- 60
- Total Debt
- 12
- Net Working Capital
- 29
- Contingent Liabilities
- 5
- Book Value per Share
- 30.36
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 29
- Contingent Liabilities
- 5
- Book Value per Share
- 30.36
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 13 | -5 | -13 | |
| Cash from Investing | -2 | -1 | -2 | 1 |
| Cash from Financing | 2 | -8 | 2 | 14 |
| -0 | 5 | -5 | 1 | |
| Free Cash Flow | 0 | 12 | -7 | -14 |
| OCF / Net Profit | -0.07 | 12.29 | -1.47 | -1.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -0.07 | 12.29 | -1.47 | -1.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 0
- Cash from Investing
- -2
- Cash from Financing
- 2
- -0
- Free Cash Flow
- 0
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 0
Mar 2023
- 13
- Cash from Investing
- -1
- Cash from Financing
- -8
- 5
- Free Cash Flow
- 12
- OCF / Net Profit
- 12.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 12.29
- Cumulative 5-Year FCF
- 0
Mar 2024
- -5
- Cash from Investing
- -2
- Cash from Financing
- 2
- -5
- Free Cash Flow
- -7
- OCF / Net Profit
- -1.47
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.47
- Cumulative 5-Year FCF
- 0
Mar 2025
- -13
- Cash from Investing
- 1
- Cash from Financing
- 14
- 1
- Free Cash Flow
- -14
- OCF / Net Profit
- -1.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.73
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | -127.56 | 25.27 | 4.08 | 5.70 |
| Book Value (₹) | 154.46 | 179.73 | 12.25 | 30.36 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -5.46 | 2.10 | 4.99 | 6.92 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | -9.09% | 9.24% | 10.20% | 11.98% |
| Net Margin % | -13.35% | 1.93% | 5.20% | 7.47% |
| ROE % | -82.58% | 15.12% | 39.45% | 29.25% |
| ROCE % | -16.35% | 18.14% | 30.16% | 29.98% |
| -18.00% | 3.40% | 10.64% | 15.43% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 87 | 51 | 55 | 70 |
| Inventory Days | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 |
| 87 | 51 | 55 | 70 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 2.95x | 1.89x | 1.15x | 0.29x |
| Interest Coverage (x) | -1.64x | 1.65x | 2.50x | 6.34x |
| 1.42x | 1.19x | 1.63x | 2.60x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 37.34% | 27.47% | 38.43% |
| Operating Profit Growth % | 0.00% | 239.65% | 50.28% | 63.00% |
| Net Profit Growth % | 0.00% | 119.81% | 244.10% | 99.04% |
| 0.00% | 0.00% | -83.85% | 39.59% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 10.10x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 1.90x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 2.69x | 6.61x |
Mar 2022
- EPS (₹)
- -127.56
- Book Value (₹)
- 154.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -5.46
- Operating Margin %
- -9.09%
- Net Margin %
- -13.35%
- ROE %
- -82.58%
- ROCE %
- -16.35%
- -18.00%
- Debtor Days
- 87
- Inventory Days
- 0
- Payable Days
- 0
- 87
- Debt to Equity (x)
- 2.95x
- Interest Coverage (x)
- -1.64x
- 1.42x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 25.27
- Book Value (₹)
- 179.73
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.10
- Operating Margin %
- 9.24%
- Net Margin %
- 1.93%
- ROE %
- 15.12%
- ROCE %
- 18.14%
- 3.40%
- Debtor Days
- 51
- Inventory Days
- 0
- Payable Days
- 0
- 51
- Debt to Equity (x)
- 1.89x
- Interest Coverage (x)
- 1.65x
- 1.19x
- Revenue Growth %
- 37.34%
- Operating Profit Growth %
- 239.65%
- Net Profit Growth %
- 119.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.08
- Book Value (₹)
- 12.25
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.99
- Operating Margin %
- 10.20%
- Net Margin %
- 5.20%
- ROE %
- 39.45%
- ROCE %
- 30.16%
- 10.64%
- Debtor Days
- 55
- Inventory Days
- 0
- Payable Days
- 0
- 55
- Debt to Equity (x)
- 1.15x
- Interest Coverage (x)
- 2.50x
- 1.63x
- Revenue Growth %
- 27.47%
- Operating Profit Growth %
- 50.28%
- Net Profit Growth %
- 244.10%
- -83.85%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.69x
Mar 2025
- EPS (₹)
- 5.70
- Book Value (₹)
- 30.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.92
- Operating Margin %
- 11.98%
- Net Margin %
- 7.47%
- ROE %
- 29.25%
- ROCE %
- 29.98%
- 15.43%
- Debtor Days
- 70
- Inventory Days
- 0
- Payable Days
- 0
- 70
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 6.34x
- 2.60x
- Revenue Growth %
- 38.43%
- Operating Profit Growth %
- 63.00%
- Net Profit Growth %
- 99.04%
- 39.59%
- P/E (x)
- 10.10x
- P/B (x)
- 1.90x
- Dividend Yield %
- 0.00%
- 6.61x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Nov 2025
May 2025

