Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 15 Sep - Please find attached herewith intimation of grant of ESOPs.
Source: Bse
DiGiSPICE Technologies Limited (DIGISPICE)
Small CapIT stocks · Small cap · NSE
DiGiSPICE Technologies Limited operates in Telecom Solutions, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result05 Aug, 10:23 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 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
56Neutralfull bear SMA stack · SMA20 -6.7% / mo · MACD + · near 52W low · sector +14.5pp vs Nifty 500 (3M)
Stock trend: 26
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
DIGISPICED candles · FIT view-24.6%Latest close ₹15.43 on 2026-10-19
Bar
-3.6%
RSI
42
MACD hist
0.09
52W pos
8%
2026-10-19O ₹16.00H ₹16.00L ₹14.60C ₹15.43Vol 1.4L 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
DIGISPICENifty ITNifty 500
- DIGISPICE
- -19.7%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- -14.1 pp
Chart stats
19 Oct 2026- From 52W high
- -44.8%
- 52W range position
- 8%
- ATR (14)
- 5.4%
- Volume vs 20D
- 1.63x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹14.4 - ₹17.3
₹28
₹14.4 - ₹28
₹0.8
Latest completed session
20-session average
31.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -12.9% · PAT -4.9% YoY
Technical
Neutral56
Price trend and sector-relative-strength timing.
Valuation
Legacy model+39.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence68
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
Quarter ended 30 Jun 2026
Bad · 0/100Rev -13% YoY · PAT -5% YoY · margin expansion · operating leverage
Filed 05 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹107.8 Cr | -12.9% | +0.5% |
| EBITDA | ₹8.6 Cr | +33.9% | +626.3% |
| Operating margin | 8.0% | +278 bps | +685 bps |
| PAT | ₹6.6 Cr | -4.9% | +138.8% |
| PAT margin | 6.1% | +52 bps | +354 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.50
- P/B
- 1.52
- EV/EBITDA
- 14.23
- Market Cap
- 357.00Cr
Profitability
- ROE
- 9.57%
- ROCE
- 12.10%
- ROA
- 2.36%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -8.00%
- EPS 5Y
- 20.00%
- Revenue 3Y
- 2.00%
- EPS 3Y
- 51.00%
Balance Sheet
- Debt/Equity
- 0.36
- Interest Coverage
- 11.50×
- Altman Z
- 1.43
- Book Value
- 10.00
Cash Flow
- FCF Yield
- 3.92%
- FCF Positive Y
- 7/5
- OCF
- 64.00 Cr
- EPS TTM
- 0.80
Shareholding
- Promoter Hold
- 72.64%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 8%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 108+0.5% vs prev
Net Profit
₹ CrLatest: 6.6+138.8% 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
Bearish setupTrend is weak — long-term trend down. RSI 42.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~7.2% over last month) — short-term momentum negative.
- RSI(14) at 42 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 42% off 52W high · 7% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
13
RS percentile
Stage 4 Downtrend
1M return
-9.2%
3M return
-19.7%
6M return
-24.7%
1Y return
-40.2%
RS 1D
-2
RS 20D
-7
Sector rank
#8
Industry rank
#39
Stage evidence
- Price is 15.3% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 60.14-1.44%
RS vs Nifty 50060
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · WATCHLISTValuation9/30
Growth17/25
Quality1/20
Balance Sheet7/15
Cash Flow6/10
Piotroski
7/9 (+5)
Penalties
-2
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 3.9%.
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 39.9%.
Main drags
- Altman Z is 1.4, in distress territory.
- Penalty bucket subtracts 2 points.
- Quality is weaker at 1/20; verify the latest quarterly trend.
Sector valuation model
Telecom valuation: EV/EBITDA against ARPU, debt, and capex
Telecom needs enterprise-value and cash-flow framing because leverage is structurally important.
Primary lens
EV/EBITDA and debt-adjusted cash generation.
Secondary checks
ARPU growth, subscriber quality, spectrum liabilities, capex intensity.
Main risk check
High EBITDA can still be weak equity value if debt and capex absorb cash.
PE
14.5
PB
1.5
EV/EBITDA
14.2
ROE
9.6%
ROCE
12.1%
FCF Yield
3.9%
Debt/Equity
0.4
MoS
+39.9%
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+39.9%
Previous: +39.9%
Score history
12 stored score snapshots. Latest stored move: -1 points.
21 Oct 2026
v4.3-runtime-valuation
44
44
44
44
44
44
44
44
44
44
44
43
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
₹13.42
-15.0% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹25.68
+39.9% MoS
PEG
0.45
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
MARKOLINES
Small
Markolines Pavement Technologies Limited
IT Services / Digital
match 139
54
14.0
13.9%
+55%
FAIR VALUE
XTGLOBAL
Small
Xtglobal Infotech Limited
IT Services / Digital
match 138
26
32.1
7.6%
-29%
OVERVALUED
QUINT
Small
Quint Digital Limited
IT Services / Digital
match 138
35
—
-2.5%
+56%
WATCHLIST
TREJHARA
Small
TREJHARA SOLUTIONS LIMITED
IT Services / Digital
match 138
29
24.4
3.3%
-249%
OVERVALUED
INSPIRISYS
Small
Inspirisys Solutions Limited
IT Services / Digital
match 137
67
8.1
53.6%
+74%
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
DiGiSPICE Technologies Limited operates in Telecom Solutions, 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 currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
68Limited 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 56th percentile of the scored universe and 50th percentile within IT. Main check: results consistency is weak at 36/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
103 docs text-extracted · 43 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
56th percentile
overall median 67 · IT: 50th pctile, median 69 · Small: 60th pctile, median 66
Evidence depth
Financial-only
103 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
Acceptable, but check the weakest sub-score before increasing exposure.
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
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
63
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
36
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 72.6%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.5%.
- ▸7 years of positive FCF.
Trust risks
- ▸Altman Z is 1.47.
- ▸1/4 latest quarters had positive YoY revenue growth.
- ▸1 of the latest 4 quarters 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 DiGiSPICE Technologies Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Aug - Please find attached herewith newspaper publication in relation to notice of 38th AGM of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Aug - Intimation related to 38th Annual General Meeting and e-voting facility
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.