Announcement
Announcement under Regulation 30 (LODR)-Issue of Securities 31 Aug - Revised board outcome: 1.5 crore preferential shares worth Rs7.11 crore and three director appointments approved.
Source: Bse
Orchasp Limited (ORCHASP)
Small CapIT stocks · Small cap · NSE
Orchasp 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.
₹1.13
+0.01 · +0.89%
Market cap ₹43 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:16 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 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
51Neutralfull bear SMA stack · SMA20 -8.2% / mo · MACD − · near 52W low · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 18
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
ORCHASPD candles · FIT view-44.9%Latest close ₹1.13 on 2026-10-21
Bar
-0.9%
RSI
33
MACD hist
-0.02
52W pos
4%
2026-10-21O ₹1.14H ₹1.15L ₹1.09C ₹1.13Vol 2.5L 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
ORCHASPNifty ITNifty 500
- ORCHASP
- -34.3%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- -27.8 pp
Chart stats
21 Oct 2026- From 52W high
- -72.8%
- 52W range position
- 4%
- ATR (14)
- 9.6%
- Volume vs 20D
- 0.90x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹1 - ₹1.5
₹4.2
₹1 - ₹4.2
₹0.1
Latest completed session
20-session average
48.8% 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
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · OVERVALUED27
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -73.2% · PAT -48.1% YoY
Technical
Neutral51
Price trend and sector-relative-strength timing.
Valuation
Legacy model-17.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence48
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 -73% YoY · PAT -48% YoY · margin compression · +29% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2.1 Cr | -73.2% | +29.2% |
| EBITDA | ₹-0.3 Cr | -148.6% | +91.6% |
| Operating margin | -16.4% | -2538 bps | +23645 bps |
| PAT | ₹0.3 Cr | -48.1% | +154.6% |
| PAT margin | 13.5% | +649 bps | +663 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 54.40
- P/B
- 0.35
- EV/EBITDA
- —
- Market Cap
- 43.00Cr
Profitability
- ROE
- 0.90%
- ROCE
- 0.83%
- ROA
- 0.34%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 21.00%
- EPS 5Y
- 38.00%
- Revenue 3Y
- -3.00%
- EPS 3Y
- 44.00%
Balance Sheet
- Debt/Equity
- 0.06
- Interest Coverage
- —
- Altman Z
- 0.75
- Book Value
- 3.52
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 5/5
- OCF
- -4.20 Cr
- EPS TTM
- 0.03
Shareholding
- Promoter Hold
- 18.48%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 4%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 2.1+29.2% vs prev
Net Profit
₹ CrLatest: 0.3+154.5% 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 33.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~8.9% over last month) — short-term momentum negative.
- RSI(14) at 33 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 71% off 52W high · 13% 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
3
RS percentile
Stage 4 Downtrend
1M return
-21.0%
3M return
-34.3%
6M return
-45.1%
1Y return
-68.4%
RS 1D
+1
RS 20D
-1
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 35.2% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -7.4%.
- 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 43.9+1.83%
RS vs Nifty 50044
Valuation & peers
U-Score 27 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 27 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation7/30
Growth18/25
Quality0/20
Balance Sheet5/15
Cash Flow3/10
Piotroski
4/9 (+1)
Penalties
-7
Raw sum
27
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
27/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 18/25 to the score.
- Balance sheet contributes 5/15 to the score.
- Cash flow contributes 3/10 to the score.
Main drags
- Altman Z is 0.8, in distress territory.
- Penalty bucket subtracts 7 points.
- Fair-value margin of safety is negative at -17.4%.
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
54.4
PB
0.3
EV/EBITDA
—
ROE
0.9%
ROCE
0.8%
FCF Yield
—
Debt/Equity
0.1
MoS
-17.4%
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
27
Previous: 27
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-17.4%
Previous: -16.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
26
26
26
26
26
26
26
27
27
27
27
27
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
₹1.54
+26.7% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹0.96
-17.4% MoS
PEG
1.35
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
PALREDTEC
Small
Palred Technologies Limited
IT Services / Digital
match 157
33
19.8
4.0%
+31%
WATCHLIST
SECURKLOUD
Small
SECUREKLOUD TECHNOLOGIES LIMITED
IT Services / Digital
match 156
11
—
-214.0%
—
OVERVALUED
GSS
Small
GSS Infotech Limited
IT Services / Digital
match 155
37
8.0
-0.1%
+79%
WATCHLIST
IMPEXFERRO
Small
Impex Ferro Tech Limited
IT Services / Digital
match 155
7
—
—
—
OVERVALUED
ODIGMA
Small
Odigma Consultancy Solutions Limited
IT Services / Digital
match 154
11
—
-1.6%
—
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
Orchasp 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
48Limited 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 5th percentile of the scored universe and 5th percentile within IT. Main check: results consistency is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 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
5th percentile
overall median 67 · IT: 5th pctile, median 69 · Small: 6th pctile, median 66
Evidence depth
Financial-only
1 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
Needs extra due diligence; demand valuation comfort and recent improvement.
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
52
watch · profit to cash conversion
Balance sheet
62
acceptable · leverage and solvency
Discipline
40
weak · capital discipline
Results
5
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 6.9%.
- ▸5 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Operating cash flow is negative at ₹-4 Cr.
- ▸Altman Z is 0.78.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸Promoter holding is only 18.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Orchasp Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - We are her with submitting the News Paper Publication of Unaudited Financial Results (Standalone & Consolidated) for the period ended 30th June 2026 in the …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 28 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended 31 March 2026 27 May - FY26 audited results approved on 27 May 2026; auditors issued qualified opinion on investment and dues.
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.