As of 6 Nov 2026, Atishay trades at 28.0× trailing earnings, above the industry P/E of 17.7×, and the shares are 40% below their 52-week high. Sales and net profit grew 37% and 122% a year over 3 years; its ROCE of 17% is the lowest among the 7 largest Information Technology Services peers. Debt is 0.10× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹157 Cr, ranked 76th of 126 Information Technology Services companies by market cap; the shares fell 28% over the past year.
- ₹139.20
- ₹143.70
- ₹136.00
- ₹136.45
- 3.1K
Health check
- ReturnsBehind
−28.2% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 28.0 vs industry 17.7.
- GrowthStrong
Sales +37.5%, profit +122.2% a year over 3 years.
- ProfitabilityWeak
ROCE 17.5% vs peer median 27.2%.
- Balance sheetStretched
Debt 0.10× equity, interest covered 31.9×, Piotroski 3 of 9.
- Red flags3 to check
Quarterly profit down 92.8% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹157 Cr
- Small cap
- P/E
- 28.0
- Industry 17.7
- Price to book
- 2.84
- Peers 5.20
- Dividend yield
- 0.73%
- ROE
- 13.8%
- Peers 22.9%
- ROCE
- 17.5%
- Peers 27.2%
- Debt to equity
- 0.10
- Debt ₹5.66 Cr
- EPS (TTM)
- ₹5.07
- OPM (TTM)
- 15.2%
- Net margin 9.8%
- Sales growth
- +10.8%
- Latest quarter vs a year ago
- Profit growth
- −92.8%
- Latest quarter vs a year ago
- Price to sales
- 2.74
- EV/EBITDA 19.4
Strengths and risks
Risks to check
- Quarterly profit down 92.8% on a year ago.
- P/E of 28.0 against an industry P/E of 17.7.
- 40% below its 52-week high.
About Atishay
Atishay Limited engages in the information technology (IT), database management, software development, e-governance, and fintech businesses in India. It operates through EGovernance and Retail & Others segments. The company provides electoral rolls, electors photo identity cards, software development, data processing, system integration, and other B2G services for government and public sector, as well as multi-recharge/retail fintech services; and B2B…
- Headquarters
- Bhopal
- Employees
- 305
- Sector
- Technology
- ISIN
- INE011R01013
- Website
- atishay.com
Price range
- Avg volume (3M)
- 2.4K
- 1-year return
- minus 28.2%
- From 52-week high
- minus 39.6%
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% |
| ATISHAYAtishay | 142.00 | plus 4.07% | 157 | 28.0 | 2.84 | 17.5% | 13.8% | 15.2% | 37.5% | 122.2% | 0.73% | minus 28.2% |
| 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 | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 12.8 | 12.2 | 15.5 | 10.2 | 13.5 | |
| – | – | – | minus 20.8% | +10.8% | |
| 9.9 | 10.2 | 12.9 | 7.5 | 13 | |
| 2.9 | 2 | 2.6 | 2.7 | 0.5 | |
| 23.0% | 16.4% | 16.8% | 26.6% | 3.7% | |
| 0.6 | 0.8 | 0.5 | 0.4 | 0.4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | |
| 3.1 | 2.3 | 2.5 | 2.3 | 0.2 | |
| 22.9% | 28.0% | 24.9% | 24.3% | 28.7% | |
| 2.4 | 1.6 | 1.9 | 1.8 | 0.1 | |
| – | – | – | minus 25.2% | minus 92.8% | |
| 2.13 | 1.49 | 1.70 | 1.61 | 0.11 |
Profit & loss
- Sales CAGR 3Y
- +37.5%
- Profit CAGR 3Y
- +122.2%
- EPS CAGR 3Y
- +121.9%
- ROE
- 13.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21.5 | 43.3 | 51.1 | 55.8 | |
| – | +101.6% | +18.2% | +9.0% | |
| 20.6 | 35.5 | 41.5 | 45.8 | |
| 0.9 | 7.7 | 9.6 | 10 | |
| 4.1% | 17.9% | 18.8% | 17.9% | |
| 1.8 | 1.9 | 2 | 2 | |
| 0.3 | 0.3 | 0.3 | 0.3 | |
| 1.4 | 1.7 | 1.8 | 2.1 | |
| 0 | 0 | −0 | 0.1 | |
| 1 | 7.6 | 9.6 | 9.6 | |
| 35.7% | 27.1% | 26.9% | 25.9% | |
| 0.7 | 5.6 | 7 | 7.1 | |
| – | +754.3% | +26.1% | +1.9% | |
| 0.59 | 4.99 | 6.31 | 6.45 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11 | 11 | 11 | 11 | |
| 25.7 | 31.4 | 37.6 | 44 | |
| 2.6 | 2.1 | 4.4 | 5.7 | |
| 2 | 3.7 | 5.4 | 2.7 | |
| 41.3 | 48.3 | 58.4 | 63.4 | |
| 2.8 | 3.9 | 4.9 | 7.8 | |
| 0.3 | 0.3 | 0.6 | 0.7 | |
| 1.6 | 9.6 | 10.5 | 5 | |
| 3.1 | 3.8 | 7.3 | 8.3 | |
| 33.5 | 30.6 | 35.1 | 41.6 | |
| 41.3 | 48.3 | 58.4 | 63.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.5 | 7.6 | 4 | −2.5 | |
| 0.6 | −6.3 | −0.3 | 2.7 | |
| −0.8 | −0.7 | −0.9 | −0.4 | |
| −1.7 | 0.6 | 2.9 | −0.2 | |
| −0.4 | −1.2 | −1.9 | −4.5 | |
| −1.9 | 6.4 | 2.1 | −7 | |
| – | – | −1.1 | −1.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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