Annual report
Annual Report 2025 from bse
Source: Bse
Cigniti Technologies Limited (CIGNITITEC)
Micro CapIT stocks · Micro cap · NSE
Cigniti Technologies Limited operates in Software Testing, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityUse with cautionQuote updated 14 May, 03:56 pm ISTDetails
Quote14 May, 03:56 pm IST
Base fundamentals19 Sept 2026 · screener
Latest result26 Apr, 10:51 pm IST
Score20 Sept, 04:30 am IST · v4.3-runtime-valuation
Tags20 Sept 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
73BullishSMA20 +8.7% / mo · MACD + · sector +14.5pp vs Nifty 500 (3M)
Stock trend: 56
Sector RS: 100
Sector 3M: +8.9% vs Nifty 500 -5.6%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
CIGNITITECD candles · FIT view-28.1%Latest close ₹1260.30 on 2026-05-14
Bar
-2.0%
RSI
52
MACD hist
8.32
52W pos
28%
2026-05-14O ₹1286.00H ₹1288.00L ₹1222.10C ₹1260.30Vol 1.6L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
CIGNITITECNifty ITNifty 500
- CIGNITITEC
- -15.1%
- Nifty 500
- -4.9%
- Nifty IT
- -22.0%
- Vs Nifty 500
- -10.2 pp
Chart stats
14 May 2026- From 52W high
- -34.7%
- 52W range position
- 28%
- ATR (14)
- 4.4%
- Volume vs 20D
- 1.09x
- Avg traded value
- ₹18.9 Cr
- 20D price channel
- ₹1,124.1 - ₹1,378.9
₹1,929.5
₹996.5 - ₹1,929.5
₹55.4
Latest completed session
20-session average
56.9% annualized volatility
Research snapshot
What the evidence says now
Strong fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend supports entry, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · DEEP VALUE78
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
pending—
No classified quarterly result is available yet.
Technical
Bullish73
Price trend and sector-relative-strength timing.
Valuation
Legacy model+70.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence83
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarterly result analysis pending
No classified quarterly result is available yet. Financial-history charts below may still contain upstream data.
Fundamentals
Valuation
- P/E
- 11.40
- P/B
- 3.07
- EV/EBITDA
- 8.64
- Market Cap
- 3472.00Cr
Profitability
- ROE
- 26.00%
- ROCE
- 34.10%
- ROA
- 20.42%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 18.00%
- EPS 5Y
- 13.00%
- Revenue 3Y
- 18.00%
- EPS 3Y
- 34.00%
Balance Sheet
- Debt/Equity
- 0.02
- Interest Coverage
- 94.50×
- Altman Z
- 9.61
- Book Value
- 410.00
Cash Flow
- FCF Yield
- 4.26%
- FCF Positive Y
- 6/5
- OCF
- 160.00 Cr
- EPS TTM
- 110.01
Shareholding
- Promoter Hold
- 54.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 28%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 579+2.1% vs prev
Net Profit
₹ CrLatest: 80.0-3.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 52. Wait for confirmation.
- SMA20 rising (~8.0% over last month) — short-term momentum positive.
- RSI(14) at 52 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 35% off 52W high · 26% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 78 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 78 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · DEEP VALUEValuation18/30
Growth19/25
Quality17/20
Balance Sheet10/15
Cash Flow9/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
78
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
78/100 · legacy band DEEP VALUE
Positive drivers
- FCF yield is supportive at 4.3%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 70.3%.
Main drags
- Valuation is weaker at 18/30; verify the latest quarterly trend.
- Balance sheet is weaker at 10/15; verify the latest quarterly trend.
- Growth is weaker at 19/25; verify the latest quarterly trend.
Sector valuation model
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
11.4
PB
3.1
EV/EBITDA
8.6
ROE
26.0%
ROCE
34.1%
FCF Yield
4.3%
Debt/Equity
0.0
MoS
+70.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Sept 2026
v4.3-runtime-valuation
Final score
78
Previous: 78
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+70.3%
Previous: +69.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Sept 2026
v4.3-runtime-valuation
78
78
78
78
78
78
78
78
78
78
78
78
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹1,007.39
-25.1% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹4,237.59
+70.3% MoS
PEG
0.55
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
HAPPSTMNDS
Micro
Happiest Minds Technologies Limited
IT Services / Digital
match 132
35
20.8
13.8%
-34%
WATCHLIST
SANDHAR
Small
Sandhar Technologies Limited
IT Services / Digital
match 132
53
15.9
11.5%
+52%
FAIR VALUE
RSYSTEMS
Small
R Systems International Limited
IT Services / Digital
match 131
63
14.1
24.4%
+50%
UNDERVALUED
NIITMTS
Small
NIIT Learning Systems Limited
IT Services / Digital
match 131
66
12.0
15.5%
+67%
UNDERVALUED
MPSLTD
Small
MPS Limited
IT Services / Digital
match 130
62
23.3
29.7%
+29%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Cigniti Technologies Limited operates in Software Testing, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed does not yet contain a classified quarter. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
83Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 95th percentile of the scored universe and 91st percentile within IT. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
75 docs text-extracted · 42 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
95th percentile
overall median 67 · IT: 91st pctile, median 69 · Micro: 92nd pctile, median 73
Evidence depth
Financial-only
75 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
70
acceptable · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
82
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.3%.
- ▸6 years of positive FCF.
- ▸Debt/equity is 0.02.
Trust risks
- ▸Promoter holding fell 1.2%.
- ▸2 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Cigniti Technologies Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.