On 6 Nov 2026, ArMee Infotech was priced at ₹281.75, or 19.7× trailing earnings, against an industry P/E of 17.7×, and the shares are 25% below their 52-week high. It earns ROCE of 27% and ROE of 29%, and sales and net profit grew 41% and 40% a year over 3 years. Debt is 1.05× equity. It is a small-cap company with a market cap of ₹894 Cr, ranked 43rd of 126 Information Technology Services companies by market cap; the shares fell 6.1% over the past year.
- ₹252.05
- ₹287.85
- ₹252.05
- ₹284.35
- 7.2 L
Health check
- ReturnsAhead
−6.1% over a year, better than 5 of 7 peers.
- Price tagIn line
P/E 19.7 vs industry 17.7.
- GrowthStrong
Sales +40.8%, profit +40.0% a year over 3 years.
- ProfitabilityAverage
ROCE 26.9% vs peer median 27.2%.
- Balance sheetFair
Debt 1.05× equity, interest covered 3.9×, Piotroski 5 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹894 Cr
- Small cap
- P/E
- 19.7
- Industry 17.7
- Price to book
- 3.67
- Peers 5.20
- Dividend yield
- 0.00%
- ROE
- 28.5%
- Peers 22.9%
- ROCE
- 26.9%
- Peers 27.2%
- Debt to equity
- 1.05
- Debt ₹191 Cr
- EPS (TTM)
- ₹14.33
- Face value ₹10
- OPM (TTM)
- 2.2%
- Net margin 3.4%
- Sales growth
- +1.7%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.64
- EV/EBITDA 10.7
Strengths and risks
Strengths
- Return on equity of 28.5%.
- Return on capital employed of 26.9%.
About ArMee Infotech
ArMee Infotech Limited provides IT Infrastructure solutions and IT managed services for Government, PSUs, BFSI, education, and private sectors in India. It offers IT Infrastructure products, such as computers, servers, interactive panels and their peripherals; IT managed services, installation and integration of IT hardware and software products; Renewable Energy Space, such as renewable energy EPC services, renewable energy Power Purchase Agreement (PPA)…
- Headquarters
- Ahmedabad
- Employees
- 262
- Sector
- Technology
- ISIN
- INE0TWE01016
- Website
- armeeinfotech.com
Price range
- Avg volume (3M)
- 13 L
- 1-year return
- minus 6.1%
- From 52-week high
- minus 24.9%
Peers · Information Technology Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TCSTata Consultancy Services | 2,498.50 | plus 0.11% | 9,03,979 | 17.5 | 7.60 | 54.9% | 45.6% | 26.5% | 5.8% | 5.3% | 1.92% | minus 16.5% |
| INFYInfosys | 1,181.40 | plus 1.20% | 4,78,511 | 15.7 | 4.91 | 39.0% | 30.0% | 23.1% | 6.7% | 6.9% | 4.40% | minus 20.5% |
| HCLTECHHCL Technologies | 1,440.00 | plus 0.66% | 3,89,754 | 21.3 | 5.20 | 27.2% | 24.6% | 20.8% | 8.7% | 3.9% | 3.33% | minus 6.4% |
| WIPROWipro | 198.00 | minus 0.20% | 1,95,898 | 15.6 | 2.46 | 17.8% | 15.9% | 19.2% | 0.8% | 5.2% | 4.04% | minus 16.6% |
| TECHMTech Mahindra | 1,831.00 | plus 0.46% | 1,79,476 | 29.4 | 5.47 | 19.8% | 19.2% | 17.2% | 2.2% | −0.1% | 2.79% | plus 29.3% |
| LTMLTM | 4,338.00 | minus 1.25% | 1,28,620 | 24.6 | 4.97 | 25.4% | 21.0% | 17.9% | 8.4% | 4.4% | 1.80% | minus 21.8% |
| PERSISTENTPersistent Systems | 6,053.50 | minus 0.92% | 99,859 | 53.0 | 11.12 | 29.4% | 22.9% | 16.9% | 20.9% | 26.5% | 0.59% | plus 4.3% |
| ARMEEArMee Infotech | 281.75 | minus 0.91% | 894 | 19.7 | 3.67 | 26.9% | 28.5% | 2.2% | 40.8% | 40.0% | 0.00% | minus 6.1% |
| Median of 7 peers | – | 0.11% | 1,95,898 | 21.3 | 5.20 | 27.2% | 22.9% | 19.2% | 6.7% | 5.2% | 2.79% | −16.5% |
Quarterly results
| ₹ Cr | Jun 25 | Jun 26 |
|---|---|---|
| 271 | 276 | |
| 268 | 269 | |
| 3 | 6.9 | |
| 1.1% | 2.5% | |
| 0.1 | 0.3 | |
| 0.4 | 3.5 | |
| 3.1 | 1.3 | |
| −0.4 | 2.5 | |
| 18.8% | 27.9% | |
| −0.3 | 1.8 | |
| -0.11 | 0.57 |
Profit & loss
- Sales CAGR 3Y
- +40.8%
- Profit CAGR 3Y
- +40.0%
- EPS CAGR 3Y
- +40.0%
- ROE
- 28.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 500 | 1,018 | 1,312 | 1,396 | |
| – | +103.4% | +28.9% | +6.5% | |
| 469 | 944 | 1,252 | 1,321 | |
| 31.5 | 74 | 60 | 75.6 | |
| 6.3% | 7.3% | 4.6% | 5.4% | |
| −0.2 | −0.4 | −0.9 | 9.4 | |
| 4.8 | 5.2 | 4.7 | 20.9 | |
| 4.6 | 4.5 | 1.2 | 3.2 | |
| −2.4 | 0 | 0 | – | |
| 19.5 | 63.8 | 53.2 | 61 | |
| 15.0% | 21.4% | 21.7% | 25.5% | |
| 16.6 | 50.1 | 41.7 | 45.5 | |
| – | +202.5% | minus 16.9% | +9.1% | |
| 5.22 | 15.80 | 13.13 | 14.33 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4 | 23.7 | 23.7 | 23.7 | |
| 42.7 | 71.4 | 113 | 158 | |
| 32.2 | 27.3 | 49.2 | 191 | |
| 137 | 551 | 643 | 586 | |
| 216 | 674 | 829 | 959 | |
| 11 | 8.5 | 18.6 | 112 | |
| – | – | 8.5 | 79.2 | |
| 0.2 | 0 | 0 | 0 | |
| 0.5 | 21.4 | 6.8 | 21.5 | |
| 204 | 644 | 795 | 746 | |
| 216 | 674 | 829 | 959 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −6.8 | 55.2 | −18 | 12.5 | |
| 5.5 | −21.3 | −12.7 | −102 | |
| 1.5 | −13 | 15.9 | 104 | |
| 0.2 | 20.8 | −14.7 | 14.7 | |
| −0.4 | −2.1 | −11.5 | −23 | |
| −7.1 | 53.1 | −29.5 | −10.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.