Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Marc Technocrats Ltd. (MARC)
SME CapIT stocks · SME cap · NSE
Marc Technocrats Ltd. 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.
₹148.1
-6.85 · -4.42%
Market cap ₹268 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result01 Jun, 07:55 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
76BullishSMA20 +11.6% / mo · MACD − · near 52W high · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 60
Sector RS: 100
Sector 3M: +13.7% vs Nifty 500 -5.6%
IT FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
MARCD candles · FIT view+68.3%Latest close ₹148.10 on 2026-10-21
Daily history is available from 2025-12-24; the requested 1Y window is partially covered.
Bar
+0.0%
RSI
53
MACD hist
-0.91
52W pos
88%
2026-10-21O ₹148.10H ₹148.10L ₹148.10C ₹148.10Vol 1,200 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
MARCNifty ITNifty 500
- MARC
- +30.0%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- +36.5 pp
Chart stats
21 Oct 2026- From 52W high
- -9.1%
- 52W range position
- 88%
- ATR (14)
- 4.7%
- Volume vs 20D
- 0.10x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹137.8 - ₹163
₹163
₹40.8 - ₹163
₹7
Latest completed session
20-session average
50.1% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · FAIR VALUE52
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bullish76
Price trend and sector-relative-strength timing.
Valuation
Legacy model+24.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence70
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
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹38 Cr | NDF | +18.8% |
| EBITDA | ₹6 Cr | NDF | -25.0% |
| Operating margin | 15.0% | NDF | -900 bps |
| PAT | ₹5 Cr | NDF | -16.7% |
| PAT margin | 13.2% | NDF | -559 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 25.40
- P/B
- 3.88
- EV/EBITDA
- 19.14
- Market Cap
- 268.00Cr
Profitability
- ROE
- 21.60%
- ROCE
- 29.20%
- ROA
- 12.94%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 30.00%
- EPS 5Y
- 40.00%
- Revenue 3Y
- 51.00%
- EPS 3Y
- 59.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- —
- Altman Z
- 8.48
- Book Value
- 40.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 2.00 Cr
- EPS TTM
- 6.10
Shareholding
- Promoter Hold
- 73.55%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 93%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 38.0+18.8% vs prev
Net Profit
₹ CrLatest: 5.0-16.7% 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 53. Wait for confirmation.
- SMA20 rising (~10.4% over last month) — short-term momentum positive.
- RSI(14) at 53 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 9% off 52W high · 263% 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
97
RS percentile
Stage 2 UptrendEstablished S2
1M return
-1.9%
3M return
+69.5%
6M return
+138.9%
1Y return
-
RS 1D
0
RS 20D
+1
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 51.3% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +14.5%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
unavailable
S2 observed by
01 Sept 2026
S2 age
24 trading sessions
Sector
improving
Industry
improving
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
183 observations
21 Oct 2026Value 228.78-3.55%
RS vs Nifty 500229
Valuation & peers
U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation4/30
Growth24/25
Quality13/20
Balance Sheet9/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
-4
Raw sum
52
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
52/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 24.4%.
- Growth contributes 24/25 to the score.
Main drags
- Penalty bucket subtracts 4 points.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Valuation is weaker at 4/30; 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
25.4
PB
3.9
EV/EBITDA
19.1
ROE
21.6%
ROCE
29.2%
FCF Yield
—
Debt/Equity
0.0
MoS
+24.4%
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
52
Previous: 52
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+24.4%
Previous: +20.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
52
52
52
52
52
52
52
52
52
52
52
52
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
₹74.09
-99.9% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹195.81
+24.4% MoS
PEG
0.53
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
FIDEL
SME
Fidel Softech Ltd.
IT Services / Digital
match 159
58
18.2
25.8%
+45%
FAIR VALUE
ALLETEC
SME
All E Technologies Ltd.
IT Services / Digital
match 157
80
9.6
17.0%
+69%
DEEP VALUE
TECHLABS
SME
Trident Techlabs Ltd.
IT Services / Digital
match 156
35
32.4
10.1%
+5%
WATCHLIST
DELAPLEX
SME
Delaplex Ltd.
IT Services / Digital
match 156
51
12.3
15.7%
+47%
FAIR VALUE
SYSTANGO
SME
Systango Technologies Ltd.
IT Services / Digital
match 156
83
10.4
25.5%
+70%
DEEP VALUE
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
Marc Technocrats Ltd. 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 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
70Limited 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 63rd percentile of the scored universe and 58th percentile within IT. Main check: cash conversion is weak at 43/100.
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
63rd percentile
overall median 67 · IT: 58th pctile, median 69 · SME: 81st 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
43
weak · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 73.6%.
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.00.
- ▸ROCE is 29.2%.
Trust risks
- ▸Only 0 years of positive FCF.
- ▸ROCE trend is -2.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Marc Technocrats Ltd.
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.