Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Kandarp Digi Smart BPO Ltd. (KANDARP)
SME CapServices stocks · SME cap · NSE
Kandarp Digi Smart BPO Ltd. operates in BPO, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹65
-0.50 · -0.76%
Market cap ₹58.8 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result01 Jun, 07:55 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
24Bearishfull bear SMA stack · SMA20 -28.5% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
KANDARPD candles · FIT view-57.1%TODAY · PROVISIONALLatest price ₹65.00 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
+4.4%
RSI
39
MACD hist
1.45
52W pos
9%
2026-10-21O ₹62.25H ₹65.00L ₹62.25C ₹65.00Vol 5,000 shIntraday candle
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
KANDARPNifty 500
- KANDARP
- -34.5%
- Nifty 500
- -4.2%
- Vs Nifty 500
- -30.3 pp
Chart stats
16 Oct 2026- From 52W high
- -61.2%
- 52W range position
- 10%
- ATR (14)
- 6.6%
- Volume vs 20D
- 0.12x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹54.2 - ₹79.5
₹169
₹54.2 - ₹169
₹4.3
Latest completed session
20-session average
54.5% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, 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 · OVERVALUED24
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good62
Revenue +70.1% · PAT +61.4% YoY
Technical
Bearish24
Price trend and sector-relative-strength timing.
Valuation
Legacy model-18.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence67
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 31 Mar 2026
Good · 62/100Rev +70% YoY · PAT +61% YoY · margin compression
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹16.4 Cr | +70.1% | -30.1% |
| EBITDA | ₹2 Cr | NDF | +4.8% |
| Operating margin | 12.1% | NDF | +403 bps |
| PAT | ₹1.1 Cr | +61.4% | +56.9% |
| PAT margin | 6.9% | NDF | +383 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 31.80
- P/B
- 1.95
- EV/EBITDA
- 13.55
- Market Cap
- 58.80Cr
Profitability
- ROE
- 7.43%
- ROCE
- 11.20%
- ROA
- 4.28%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 31.00%
- EPS 5Y
- 99.00%
- Revenue 3Y
- 35.00%
- EPS 3Y
- 22.00%
Balance Sheet
- Debt/Equity
- 0.12
- Interest Coverage
- 9.21×
- Altman Z
- 4.86
- Book Value
- 33.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -2.26 Cr
- EPS TTM
- 2.06
Shareholding
- Promoter Hold
- 58.77%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 10%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 39.7+63.3% vs prev
Net Profit
₹ CrLatest: 1.9+16.4% vs prev
Return on Equity
%Latest: 6.1-24.3% vs prev
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 down. RSI 39. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~38.5% over last month) — short-term momentum negative.
- RSI(14) at 39 — sideways, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 62% off 52W high · 20% 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
5
RS percentile
Stage 4 Downtrend
1M return
-5.7%
3M return
-37.9%
6M return
-51.5%
1Y return
-39.7%
RS 1D
+1
RS 20D
+1
Sector rank
#12
Industry rank
-
Stage evidence
- Price is 42.4% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -9.0%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
240 observations
16 Oct 2026Value 65.41-0.85%
RS vs Nifty 50065
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth19/25
Quality0/20
Balance Sheet9/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-7
Raw sum
24
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
24/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 19/25 to the score.
- Balance sheet contributes 9/15 to the score.
- Valuation contributes 0/30 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Fair-value margin of safety is negative at -18.8%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
31.8
PB
1.9
EV/EBITDA
13.6
ROE
7.4%
ROCE
11.2%
FCF Yield
—
Debt/Equity
0.1
MoS
-18.8%
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
24
Previous: 24
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-18.8%
Previous: -19.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
24
24
24
24
24
24
24
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
₹39.46
-64.7% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹54.69
-18.8% MoS
PEG
0.47
Comparable companies
Peers
Business-comparable peers in Services — 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
FSL
Small
Firstsource Solutions Limited
IT Services / Digital
match 22
44
24.9
17.6%
+7%
WATCHLIST
ARVINDPORT
SME
Arvind Port and Infra Ltd.
Logistics
match 19
20
63.7
1.0%
-29708%
OVERVALUED
AISL
SME
ANI Integrated Services Ltd.
HR & Manpower
match 18
26
18.5
7.1%
-46%
OVERVALUED
BRACEPORT
SME
Brace Port Logistics Ltd.
Logistics
match 18
29
15.2
10.8%
-221%
OVERVALUED
BMETRICS
SME
Bombay Metrics Supply Chain Ltd.
Logistics
match 17
18
28.3
8.2%
-7%
OVERVALUED
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
Kandarp Digi Smart BPO Ltd. operates in BPO, within the Services 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 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
67Limited 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 52nd percentile of the scored universe and 58th percentile within Services. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
52nd percentile
overall median 67 · Services: 58th pctile, median 66 · SME: 66th pctile, median 64
Evidence depth
Financial-only
0 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
28
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 58.8%.
- ▸Promoter pledge is zero.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸4/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Operating cash flow is negative at ₹-2 Cr.
- ▸Only 1 years of positive FCF.
- ▸ROE is low at 7.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Kandarp Digi Smart BPO Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.