Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 22 Sep - GST appeal dismissed for FY22; demand of ₹10.90 crore confirmed, including tax, interest and penalty.
Source: Bse
Sasken Technologies Limited (SASKEN)
Small CapIT stocks · Small cap · NSE
Sasken Technologies 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.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result01 Aug, 12:10 am 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
63BullishSMA20 -8.8% / mo · MACD + · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 38
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
SASKEND candles · FIT view+25.1%Latest close ₹1618.80 on 2026-10-21
Bar
-1.9%
RSI
43
MACD hist
8.27
52W pos
35%
2026-10-21O ₹1650.00H ₹1760.00L ₹1597.90C ₹1618.80Vol 2.0L 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
SASKENNifty ITNifty 500
- SASKEN
- -12.6%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- -6.1 pp
Chart stats
21 Oct 2026- From 52W high
- -41.8%
- 52W range position
- 35%
- ATR (14)
- 6.1%
- Volume vs 20D
- 5.41x
- Avg traded value
- ₹7.6 Cr
- 20D price channel
- ₹1,532 - ₹1,810
₹2,780.2
₹991 - ₹2,780.2
₹98.1
Latest completed session
20-session average
46.2% 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 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 · OVERVALUED26
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +23.7% · PAT +140.0% YoY
Technical
Bullish63
Price trend and sector-relative-strength timing.
Valuation
Legacy model-979.9%
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
Excellent · 90/100Rev +24% YoY · PAT +140% YoY · margin expansion · operating leverage
Filed 31 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹339 Cr | +23.7% | +1.5% |
| EBITDA | ₹32 Cr | +113.3% | -3.0% |
| Operating margin | 9.0% | +400 bps | -100 bps |
| PAT | ₹24 Cr | +140.0% | -17.2% |
| PAT margin | 7.1% | +343 bps | -160 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 34.70
- P/B
- 2.99
- EV/EBITDA
- 17.59
- Market Cap
- 2557.00Cr
Profitability
- ROE
- 7.00%
- ROCE
- 9.90%
- ROA
- 6.17%
- Dividend Y
- 1.49%
Growth (CAGR)
- Revenue 5Y
- 20.00%
- EPS 5Y
- -13.00%
- Revenue 3Y
- 36.00%
- EPS 3Y
- -15.00%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 26.50×
- Altman Z
- 7.52
- Book Value
- 563.00
Cash Flow
- FCF Yield
- 2.82%
- FCF Positive Y
- 11/5
- OCF
- -23.00 Cr
- EPS TTM
- 45.70
Shareholding
- Promoter Hold
- 42.94%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 39%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 339+1.5% vs prev
Net Profit
₹ CrLatest: 24.0-17.2% 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 down. RSI 43. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~9.6% over last month) — short-term momentum negative.
- RSI(14) at 43 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 42% off 52W high · 63% 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
78
RS percentile
Stage 1 Base / Transition
1M return
-5.3%
3M return
-12.6%
6M return
+25.8%
1Y return
+17.6%
RS 1D
+1
RS 20D
+4
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 8.5% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +4.4% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
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 123.31-0.80%
RS vs Nifty 500123
Valuation & peers
U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth6/25
Quality0/20
Balance Sheet10/15
Cash Flow7/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
26
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
26/100 · legacy band OVERVALUED
Positive drivers
- Cash flow contributes 7/10 to the score.
- Balance sheet contributes 10/15 to the score.
- Growth contributes 6/25 to the score.
Main drags
- Fair-value margin of safety is negative at -979.9%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 0/20; 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
34.7
PB
3.0
EV/EBITDA
17.6
ROE
7.0%
ROCE
9.9%
FCF Yield
2.8%
Debt/Equity
0.0
MoS
-979.9%
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
26
Previous: 26
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-979.9%
Previous: -998.8%
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
26
26
26
26
26
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
₹760.86
-112.8% MoS
Growth-justified P/E
3.3
Growth-justified Value
₹149.9
-979.9% MoS
PEG
—
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
PROTEAN
Small
Protean eGov Technologies Limited
IT Services / Digital
match 168
28
30.3
10.0%
-210%
OVERVALUED
ONEPOINT
Small
One Point One Solutions Limited
IT Services / Digital
match 166
32
44.7
7.2%
-53%
WATCHLIST
RAMCOSYS
Small
Ramco Systems Limited
IT Services / Digital
match 165
46
33.2
18.1%
-473%
FAIR VALUE
WELSPLSOL
Small
Welspun Specialty Solutions Limited
IT Services / Digital
match 164
30
122.0
4.8%
-252%
OVERVALUED
RACLGEAR
Small
RACL Geartech Limited
IT Services / Digital
match 164
42
36.7
17.0%
-9%
WATCHLIST
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
Sasken Technologies 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
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: financial discipline is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
24 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
56th percentile
overall median 67 · IT: 50th pctile, median 69 · Small: 60th pctile, median 66
Evidence depth
Financial-only
24 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
78
strong · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
62
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.5%.
- ▸11 years of positive FCF.
- ▸Debt/equity is 0.03.
Trust risks
- ▸Operating cash flow is negative at ₹-23 Cr.
- ▸ROE is low at 7%.
- ▸Revenue CAGR is 36% but EPS CAGR is -15%.
- ▸4 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.
Continue researching Sasken Technologies Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 22 Sep - GST appeal dismissed; demand, interest and penalty total Rs 14.45 crore for FY21, appeal to GSTAT planned.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Sep - The representatives of the Company will be meeting representatives of WhiteOak Capital Management and Equinox Capital Venture Pvt. Ltd.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Sep - The representatives of the Company will be meeting representatives of Care Portfolio Managers Private Limited.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Aug - The representatives of the Company will be meeting representatives of Lakshya Capital Management LLP and Securities Investment Mgmt Pvt Ltd (SiMPL).
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.