As of 6 Nov 2026, Capillary Technologies India trades at 63.6× trailing earnings, above the industry P/E of 27.7×, and the shares are 36% below their 52-week high. Sales grew 42% a year over 3 years, with ROCE of 5.3% and ROE of 6.6%. It carries very little debt. It is a small-cap company with a market cap of ₹4,046 Cr, ranked 14th of 74 Software (Application) companies by market cap; the shares fell 16% over the past year.
- ₹508.90
- ₹512.90
- ₹497.10
- ₹506.45
- 95.4K
Health check
- ReturnsIn line
−16.3% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 63.6 vs industry 27.7.
- GrowthStrong
Sales +42.2% a year over 3 years.
- ProfitabilityWeak
ROCE 5.3% vs peer median 12.6%.
- Balance sheetFair
Debt 0.05× equity, interest covered 12.7×, Piotroski 5 of 9.
- Red flags4 to check
Return on equity is low at 6.6%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹4,046 Cr
- Small cap
- P/E
- 63.6
- Industry 27.7
- Price to book
- 3.94
- Peers 8.24
- Dividend yield
- 0.00%
- ROE
- 6.6%
- Peers 15.3%
- ROCE
- 5.3%
- Peers 12.6%
- Debt to equity
- 0.05
- Debt ₹54 Cr
- EPS (TTM)
- ₹7.98
- Face value ₹2
- OPM (TTM)
- 12.0%
- Net margin 5.2%
- Sales growth
- +51.3%
- Latest quarter vs a year ago
- Profit growth
- +7509.7%
- Latest quarter vs a year ago
- Price to sales
- 4.99
- EV/EBITDA 29.9
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 7509.7% on a year ago.
- Quarterly sales up 51.3% on a year ago.
Risks to check
- Return on equity is low at 6.6%.
- P/E of 63.6 against an industry P/E of 27.7.
- 36% below its 52-week high.
- Promoter stake down from 52.2% to 47.2%.
About Capillary Technologies India
Capillary Technologies India Limited provides AI-powered and cloud-based intelligent customer loyalty and engagement software-as-a-service software solutions for retail chain operators in the United States, the United Kingdom, and internationally. The company offers Loyalty+, an engagement-based experiential loyalty platform that provides online, in-store, and social media-based loyalty to engage customers; Customer Data Platform+, a consumer data…
- Headquarters
- Bengaluru
- Employees
- 689
- Sector
- Technology
- ISIN
- INE0ILV01024
- Website
- capillarytech.com
Price range
- Avg volume (3M)
- 4.3 L
- 1-year return
- minus 16.3%
- From 52-week high
- minus 36.4%
Peers · Software - Application
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TATAELXSITata Elxsi | 3,855.00 | minus 1.66% | 24,019 | 35.8 | 8.24 | 26.2% | 23.9% | 22.7% | 6.1% | −5.9% | 1.95% | minus 27.2% |
| URBANCOUrban Company | 158.12 | minus 0.25% | 23,446 | – | 12.14 | −7.2% | −21.5% | −22.9% | 34.7% | – | 0.00% | plus 6.5% |
| KFINTECHKfin Technologies | 915.80 | minus 1.14% | 15,835 | 45.6 | 9.75 | 18.9% | 22.6% | 38.1% | 22.5% | 20.6% | 1.31% | minus 13.4% |
| KPITTECHKPIT Technologies | 540.45 | plus 0.12% | 14,713 | 27.7 | 3.99 | 21.3% | 15.3% | 26.7% | 24.2% | 18.7% | 1.39% | minus 53.3% |
| BBOXBlack Box | 810.95 | minus 5.36% | 14,402 | 62.2 | 11.18 | 12.6% | 21.3% | 9.0% | 0.2% | 109.3% | 0.12% | plus 56.1% |
| AMAGIAmagi Media Labs | 568.25 | minus 0.04% | 12,293 | 119.9 | 6.74 | 5.0% | 6.3% | 3.9% | 30.3% | – | 0.00% | plus 63.2% |
| BLACKBUCKBLACKBUCK | 557.55 | plus 3.06% | 10,161 | 56.4 | 6.71 | 11.7% | 12.8% | 23.9% | 53.9% | – | 0.00% | minus 17.3% |
| CAPILLARYCapillary Technologies India | 507.80 | plus 0.27% | 4,046 | 63.6 | 3.94 | 5.3% | 6.6% | 14.3% | 42.2% | – | 0.00% | minus 16.3% |
| Median of 7 peers | – | −0.25% | 14,713 | 51.0 | 8.24 | 12.6% | 15.3% | 22.7% | 24.2% | 19.7% | 0.12% | −13.4% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 179 | 184 | 191 | 257 | 271 | |
| 161 | 159 | 160 | 244 | 232 | |
| 18.6 | 25 | 31.4 | 12.6 | 39.5 | |
| 10.4% | 13.6% | 16.4% | 4.9% | 14.5% | |
| 2.2 | 3.7 | 6.7 | 33.4 | 6.1 | |
| 1.8 | 1.5 | 1.1 | 1.2 | 1.1 | |
| 19.1 | 19.1 | 19.5 | 20 | 24.5 | |
| – | – | 25 | −33.4 | – | |
| −0 | 8.1 | 42.5 | −8.6 | 19.9 | |
| 900.0% | 1.6% | −2.1% | −11.2% | −9.9% | |
| 0.3 | 8 | 43.4 | −9.6 | 21.9 | |
| 0.04 | 1.04 | 5.40 | -1.20 | 2.73 |
Profit & loss
- Sales CAGR 3Y
- +42.2%
- ROE
- 6.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 255 | 525 | 598 | 735 | |
| – | +105.6% | +13.9% | +22.8% | |
| 318 | 529 | 530 | 636 | |
| −62.5 | −4.1 | 67.9 | 98.8 | |
| −24.5% | −0.8% | 11.3% | 13.4% | |
| 6.1 | 1.4 | 4.1 | 5.2 | |
| 10.3 | 16.8 | 6.8 | 4.4 | |
| 39.6 | 58.2 | 62.2 | 75 | |
| 11.4 | 2.5 | 7.6 | 26.5 | |
| −94.9 | −75.3 | 10.7 | 51.1 | |
| 6.7% | 9.2% | −32.5% | −2.5% | |
| −87.7 | −59.4 | 13.3 | 52.4 | |
| -11.06 | -7.49 | 1.67 | 6.87 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.6 | 14.6 | 14.7 | 15.9 | |
| 176 | 524 | 554 | 1,008 | |
| 149 | 80.3 | 106 | 53.6 | |
| 130 | 252 | 164 | 223 | |
| 466 | 871 | 839 | 1,300 | |
| 4.1 | 6.1 | 9.4 | 12.1 | |
| – | – | – | 11.8 | |
| 46.2 | 291 | 201 | 152 | |
| 416 | 574 | 628 | 1,124 | |
| 466 | 871 | 839 | 1,300 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −20.1 | 97.1 | −46.2 | 150 | |
| −93.6 | −185 | 63.6 | −614 | |
| 137 | 218 | 3.7 | 271 | |
| 22.9 | 130 | 21.1 | −194 | |
| −28.2 | −36.9 | −47.5 | −363 | |
| −48.3 | 60.2 | −93.7 | −213 |
Shareholding pattern
- Promoters47.23%
- Public52.77%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 47.23% | 52.77% | minus 4.22 | |
| 30 Jun 2026 | 51.45% | 48.55% | minus 0.78 | |
| 31 Mar 2026 | 52.23% | 47.77% | minus 0.05 | |
| 31 Dec 2025 | 52.28% | 47.72% | plus 0.12 | |
| 20 Nov 2025 | 52.16% | 47.84% | – |
Major shareholders
Filings & events
News
No recent news coverage found.