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Ksolves India Limited (KSOLVES)

Small Cap

IT stocks · Small cap · NSE

Ksolves India Limited operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹246.19
-0.04 · -0.02%
Market cap ₹590 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm IST
Details
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result15 Jul, 07:09 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 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

56Neutral

full bear SMA stack · SMA20 -6.9% / mo · MACD + · near 52W low · sector +19.3pp vs Nifty 500 (3M)

Stock trend: 26
Sector RS: 100
Sector 3M: +13.7% vs Nifty 500 -5.6%

Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence

Technical chart

KSOLVESD candles · FIT view-24.6%
Latest close ₹246.19 on 2026-10-21
Bar
-0.3%
RSI
44
MACD hist
1.18
52W pos
7%
Visible chart range
Candle interval
2026-10-21O ₹247.00H ₹254.31L ₹243.61C ₹246.19Vol 22,652 sh
₹231.82₹263.04₹294.25₹325.46₹356.6852H52L₹246.192026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
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

KSOLVESNifty ITNifty 500
-20%-8%+3%+15%21 Jul2 Sept21 Oct21 Oct 2026KSOLVES -15.5%Nifty IT +12.0%Nifty 500 -6.5%
KSOLVES
-15.5%
Nifty 500
-6.5%
Nifty IT
+12.0%
Vs Nifty 500
-9.0 pp
Chart stats
21 Oct 2026
From 52W high
-30.5%
₹354
52W range position
7%
₹237.5 - ₹354
ATR (14)
3.9%
₹9.6
Volume vs 20D
0.71x
Latest completed session
Avg traded value
₹0.8 Cr
20-session average
20D price channel
₹237.5 - ₹262.5
32.2% 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 is neutral, and recent execution is mixed.

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 VALUE
77

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
80

Revenue +10.0% · PAT +43.2% YoY

Technical
Neutral
56

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+51.0%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
80

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 80/100

Rev +10% YoY · PAT +43% YoY · margin expansion · operating leverage

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹41.4 Cr+10.0%-3.7%
EBITDA₹12.6 Cr+26.4%-0.3%
Operating margin30.3%+392 bps+103 bps
PAT₹9.2 Cr+43.2%-5.0%
PAT margin22.2%+515 bps-30 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
15.90
P/B
20.08
EV/EBITDA
11.04
Market Cap
590.00Cr

Profitability

ROE
137.00%
ROCE
131.00%
ROA
59.68%
Dividend Y
4.42%

Growth (CAGR)

Revenue 5Y
42.00%
EPS 5Y
31.00%
Revenue 3Y
28.00%
EPS 3Y
12.00%

Balance Sheet

Debt/Equity
0.20
Interest Coverage
51.00×
Altman Z
10.91
Book Value
12.40

Cash Flow

FCF Yield
5.08%
FCF Positive Y
6/5
OCF
31.00 Cr
EPS TTM
15.65

Shareholding

Promoter Hold
58.92%
Promoter Pledge
0.00%
Momentum 52W
10%

Financial History

Updated 21/10/2026

Revenue

₹ Cr
Latest: 41.4-3.7% vs prev
043.0Sep 2023: 26.0Dec 2023: 28.4Mar 2024: 30.4Jun 2024: 31.6Sep 2024: 34.8Dec 2024: 37.7Mar 2025: 33.3Jun 2025: 37.7Sep 2025: 39.7Dec 2025: 42.3Mar 2026: 43.0Jun 2026: 41.4Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 9.2-5.0% vs prev
010.3Sep 2023: 8.2Dec 2023: 8.9Mar 2024: 9.4Jun 2024: 8.9Sep 2024: 9.2Dec 2024: 10.3Mar 2025: 5.9Jun 2025: 6.4Sep 2025: 8.4Dec 2025: 9.8Mar 2026: 9.7Jun 2026: 9.2Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
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

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend down. RSI 44. Wait for confirmation.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~7.4% over last month) — short-term momentum negative.
  • RSI(14) at 44 — sideways, no extreme reading.
  • MACD above signal, histogram expanding — bullish momentum building.
  • Within 5% of 52-week low — testing support.

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

32
RS percentile
Stage 4 Downtrend
1M return
-2.4%
3M return
-15.5%
6M return
-22.9%
1Y return
-22.1%
RS 1D
+5
RS 20D
+3
Sector rank
#7
Industry rank
#37
Stage evidence
  • Price is 12.2% below the 30-week proxy.
  • The 50-DMA is below the 30-week proxy and its slope is falling -1.9%.
  • 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)
262 observations
21 Oct 2026Value 82.91+0.93%
798897105114Sept 25Feb 26Jun 26Oct 2683
RS vs Nifty 50083

Valuation & peers

U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies

77U-SCORE
Top Setup

Fundamental score breakdown

U band · DEEP VALUE
Valuation14/30
Growth19/25
Quality18/20
Balance Sheet11/15
Cash Flow9/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
77

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

77/100 · legacy band DEEP VALUE

Positive drivers

  • FCF yield is supportive at 5.1%.
  • Piotroski is strong at 8/9.
  • Fair-value margin of safety is positive at 51.0%.

Main drags

  • Valuation is weaker at 14/30; verify the latest quarterly trend.
  • Balance sheet is weaker at 11/15; 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.

IT PE/EVEBITDA
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
15.9
PB
20.1
EV/EBITDA
11.0
ROE
137.0%
ROCE
131.0%
FCF Yield
5.1%
Debt/Equity
0.2
MoS
+51.0%
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
77
Previous: 77
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+51.0%
Previous: +51.0%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
77
77
77
77
77
77
77
77
77
77
77
77

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
₹66.08
-272.6% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹502.37
+51.0% MoS
PEG
0.68

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.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SHREERAMA
Small
Shree Rama Multi-Tech Limited
IT Services / Digital
match 159
62
22.6
15.4%
+13%
UNDERVALUED
TPLPLASTEH
Small
TPL Plastech Limited
IT Services / Digital
match 158
71
17.6
18.3%
+46%
UNDERVALUED
KELLTONTEC
Small
Kellton Tech Solutions Limited
IT Services / Digital
match 158
60
7.1
13.6%
+44%
UNDERVALUED
XCHANGING
Small
Xchanging Solutions Limited
IT Services / Digital
match 158
59
10.6
15.8%
-61%
FAIR VALUE
SIGMA
Small
Sigma Solve Limited
IT Services / Digital
match 157
72
14.4
36.8%
+57%
UNDERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Ksolves India Limited operates in Software Services, 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
80Limited 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 90th percentile of the scored universe and 87th 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
58 docs text-extracted · 16 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
90th percentile

overall median 67 · IT: 87th pctile, median 69 · Small: 92nd pctile, median 66

Evidence depth
Financial-only

58 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 confidence
What 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
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
62
acceptable · quarterly consistency

Trust positives

  • ▸Promoter holding is 58.9%.
  • ▸Promoter pledge is zero.
  • ▸FCF yield is positive at 4.7%.
  • ▸6 years of positive FCF.

Trust risks

  • ▸ROCE trend is -31.3%.
  • ▸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.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Oct - Dear Sir/Madam Please find attached herewith the intimation for upcoming earnings call Q2FY27. Thanks and Regards Manisha Kide Company Secretary and Compliance Officer

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 28 Sep - Ksolves won USD 0.5 million order from Demerara Bank to implement Agentic AI solution in 7 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Change in Directorate 26 Sep - Shareholders approved re-appointment of Sushma Samarth and Vineet Krishna as independent directors for five years each.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Dear Sir/Madam Please find attached herewith the newspaper Ad for the notice of 12th Annual General Meeting of the company. Thanks and Regards, Manisha Kide …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Dear Sir/Madam Please find attached herewith the newspaper Ad for notice of 12th Annual General Meeting of the company. Thanks and Regards, Manisha Kide Company …

Source: Bse

Open source ↗
Investor presentationJul 2026

Jul 2026 · PPT

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Jul - Dear Sir/Madam Please find attached herewith the intimation. Thanks and Regards, Manisha Kide Company Secretary and Compliance Officer

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 22 Jul - Q1 FY27 earnings call: revenue Rs 41.4 crore, EBITDA Rs 12.56 crore, PAT Rs 9.21 crore; growth outlook softened.

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Jul - Q1 FY27 revenue ₹41.44 Cr, PAT ₹9.21 Cr; board declared ₹4 interim dividend.

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Jul - Dear Sir/Madam Please find attached herewith the schedule of investors meet/ earnings call for Q1FY27. This is for your information and records. Thanks and Regards, …

Source: Bse

Open source ↗
Concall transcriptMay 2026

May 2026 · Transcript

Source: Bse

Open source ↗
Investor presentationMay 2026

May 2026 · PPT

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.