As of 6 Nov 2026, CSM Technologies trades at 17.7× trailing earnings, in line with the industry P/E of 17.7×, and the shares are 32% below their 52-week high. Sales and net profit grew 12% and 14% a year over 3 years, with ROCE of 28% and ROE of 26%. Debt is 0.70× equity, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹405 Cr, ranked 57th of 126 Information Technology Services companies by market cap; the shares fell 27% over the past year.
- ₹79.80
- ₹80.11
- ₹78.00
- ₹80.11
- 1.8 L
Health check
- ReturnsBehind
−26.9% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 17.7 vs industry 17.7.
- GrowthStrong
Sales +12.1%, profit +14.2% a year over 3 years.
- ProfitabilityStrong
ROCE 28.5% vs peer median 27.2%.
- Balance sheetFair
Debt 0.70× equity, interest covered 6.3×, Piotroski 5 of 9.
- Red flags1 to check
32% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹405 Cr
- Small cap
- P/E
- 17.7
- Industry 17.7
- Price to book
- 2.96
- Peers 5.20
- Dividend yield
- 0.64%
- ROE
- 26.3%
- Peers 22.9%
- ROCE
- 28.5%
- Peers 27.2%
- Debt to equity
- 0.70
- Debt ₹72 Cr
- EPS (TTM)
- ₹4.43
- Face value ₹10
- OPM (TTM)
- 5.6%
- Net margin 9.8%
- Sales growth
- +21.2%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.73
- EV/EBITDA 8.3
Strengths and risks
Strengths
- Return on equity of 26.3%.
- Return on capital employed of 28.5%.
- Quarterly sales up 21.2% on a year ago.
Risks to check
- 32% below its 52-week high.
About CSM Technologies
CSM Technologies Limited provides information technology (IT) consulting and software development services in India and internationally. The company specializes in providing government technology solutions and digital transformation services. The company also engages in designing, developing, and implementing e-governance platforms and digital infrastructure, as well as operates as a long-term digital transformation partner to government agencies. In…
- Headquarters
- Bhubaneswar
- Sector
- Technology
- ISIN
- INE0ZK601013
- Website
- csm.tech
Price range
- Avg volume (3M)
- 5.6 L
- 1-year return
- minus 26.9%
- From 52-week high
- minus 31.7%
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% |
| CSMCSM Technologies | 78.43 | minus 2.10% | 405 | 17.7 | 2.96 | 28.5% | 26.3% | 5.6% | 12.1% | 14.2% | 0.64% | minus 26.9% |
| 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 | Mar 26 | Jun 26 |
|---|---|---|---|---|
| 59.7 | 35.2 | 60.4 | 42.7 | |
| – | – | +1.3% | +21.2% | |
| 49.6 | 41.8 | 45.3 | 50.3 | |
| 10.1 | −6.6 | 15.2 | −7.6 | |
| 16.9% | −18.7% | 25.1% | −17.8% | |
| 0.4 | 0.5 | 1.2 | 0.5 | |
| 1.4 | 1.9 | 0.9 | 2.2 | |
| 1.7 | 1.6 | 1.3 | 1.4 | |
| – | – | −2.7 | – | |
| 7.4 | −9.6 | 11.4 | −10.7 | |
| 29.1% | 23.5% | 18.7% | 23.0% | |
| 5.2 | −7.6 | 9.3 | −8.3 | |
| 1.01 | -1.47 | 1.81 | -1.61 |
Profit & loss
- Sales CAGR 3Y
- +12.1%
- Profit CAGR 3Y
- +14.2%
- EPS CAGR 3Y
- +14.2%
- ROE
- 26.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 160 | 197 | 199 | 226 | |
| – | +22.6% | +1.3% | +13.4% | |
| 131 | 172 | 168 | 180 | |
| 29.2 | 25.1 | 31 | 45.7 | |
| 18.2% | 12.8% | 15.6% | 20.2% | |
| 0.3 | 0.8 | 0.3 | 1.6 | |
| 1.5 | 1.8 | 3.4 | 6.1 | |
| 4.2 | 5.5 | 6.1 | 6.1 | |
| −1.1 | −0.9 | −1.3 | −3 | |
| 22.6 | 17.8 | 20.5 | 32 | |
| 30.1% | 29.6% | 31.1% | 25.1% | |
| 15.8 | 12.5 | 14.1 | 23.6 | |
| – | minus 20.7% | +12.4% | +67.2% | |
| 3.07 | 2.43 | 2.73 | 4.57 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.3 | 6.3 | 6.4 | 38.7 | |
| 44 | 53.4 | 70.6 | 64 | |
| 9.1 | 33.9 | 34.9 | 72.1 | |
| 20.6 | 30.8 | 42.6 | 40 | |
| 80 | 124 | 155 | 215 | |
| 30.2 | 53.2 | 57.9 | 56.9 | |
| 3.5 | 23.4 | 0.1 | 1.3 | |
| – | – | 0.1 | 2.8 | |
| 4.5 | 2.2 | 1.3 | 5 | |
| 41.9 | 45.7 | 95.1 | 149 | |
| 80 | 124 | 155 | 215 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.4 | 9.6 | 8.7 | −5.5 | |
| −8.2 | −31.9 | −9 | −18.4 | |
| −6.1 | 18.8 | 0.3 | 29.5 | |
| 3.1 | −3.5 | 0.1 | 5.6 | |
| −9.3 | −29.7 | −10.5 | −15.5 | |
| 8.1 | −20.1 | −1.8 | −21.1 | |
| – | −2.4 | −1.8 | −0.4 |
Shareholding pattern
- Promoters71.18%
- Public28.82%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 71.18% | 28.82% | 0.00 | |
| 1 Jul 2026 | 71.18% | 28.82% | – |
Major shareholders
Filings & events
News
No recent news coverage found.