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On 6 Nov 2026, Ksolves India was priced at ₹211.04, or 13.9× trailing earnings, against an industry P/E of 27.7×, and the shares are 40% below their 52-week high. Sales and net profit grew 28% and 12% a year over 3 years; its ROCE of 116% is the highest among the 7 largest Software (Application) peers. It carries very little debt, and its dividend yield is 7.1%. It is a small-cap company with a market cap of ₹501 Cr, ranked 34th of 74 Software (Application) companies by market cap; the shares fell 33% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹210.00
Day high
₹213.98
Day low
₹206.00
Prev. close
₹210.76
Volume
23.9K

Health check

3 good · 1 fair · 2 to check
  • ReturnsBehind

    −33.0% over a year, better than 1 of 7 peers.

  • Price tagCheaper

    P/E 13.9 vs industry 27.7.

  • GrowthSteady

    Sales +27.6%, profit +11.6% a year over 3 years.

  • ProfitabilityStrong

    ROCE 115.7% vs peer median 12.6%.

  • Balance sheetSolid

    Debt 0.08× equity, interest covered 53.1×, Piotroski 6 of 9.

  • Red flags3 to check

    Quarterly profit down 14.1% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Software - Application

73 listed peers. Screen the industry

Small cap

₹501 Cr, #34 of 74 in its industry by size.

Defensive

Beta 0.32 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹165 Cr · profit ₹36 Cr
Market cap
₹501 Cr
Small cap
P/E
13.9
Industry 27.7
Price to book
12.32
Peers 8.24
Dividend yield
7.11%
ROE
97.3%
Peers 15.3%
ROCE
115.7%
Peers 12.6%
Debt to equity
0.08
Debt ₹3.37 Cr
EPS (TTM)
₹15.16
Face value ₹5
OPM (TTM)
29.5%
Net margin 21.8%
Sales growth
−4.7%
Latest quarter vs a year ago
Profit growth
−14.1%
Latest quarter vs a year ago
Price to sales
3.04
EV/EBITDA 10.4

Strengths and risks

Strengths

  • Return on equity of 97.3%.
  • Return on capital employed of 115.7%.
  • Practically debt-free.
  • Dividend yield of 7.11%.
  • Net margin of 21.8%.

Risks to check

  • Quarterly profit down 14.1% on a year ago.
  • Quarterly sales down 4.7% on a year ago.
  • 40% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Ksolves India

Ksolves India Limited provides software development services in North America, India, Europe, Australia, and internationally. The company offers Dashboard Ninja with AI, Ksolves Cloud, Access Manager Ninja, Hotel Management, ReportMate, Advanced Dashboard Ninja, and Odoo WooCommerce Connector; SMS Ninja, Google Analytics Connector, and Salesforce CTI Integration; Mind AI Ninja; Data Flow Manager; and Ksolves Cloud Agent. It also provides artificial…

Headquarters
Noida
Employees
600
Sector
Technology
ISIN
INE0D6I01023

Price range

52 weeks

₹198.00₹353.99

Today

₹206.00₹213.98
Avg volume (3M)
38.2K
1-year return
minus 33.0%
From 52-week high
minus 40.4%

Peers · Software - Application

Company
TATAELXSITata Elxsi3,855.00minus 1.66%24,01935.88.2426.2%23.9%22.7%6.1%−5.9%1.95%minus 27.2%
URBANCOUrban Company158.12minus 0.25%23,446–12.14−7.2%−21.5%−22.9%34.7%–0.00%plus 6.5%
KFINTECHKfin Technologies915.80minus 1.14%15,83545.69.7518.9%22.6%38.1%22.5%20.6%1.31%minus 13.4%
KPITTECHKPIT Technologies540.45plus 0.12%14,71327.73.9921.3%15.3%26.7%24.2%18.7%1.39%minus 53.3%
BBOXBlack Box810.95minus 5.36%14,40262.211.1812.6%21.3%9.0%0.2%109.3%0.12%plus 56.1%
AMAGIAmagi Media Labs568.25minus 0.04%12,293119.96.745.0%6.3%3.9%30.3%–0.00%plus 63.2%
BLACKBUCKBLACKBUCK557.55plus 3.06%10,16156.46.7111.7%12.8%23.9%53.9%–0.00%minus 17.3%
KSOLVESKsolves India211.04plus 0.13%50113.912.32115.7%97.3%29.5%27.6%11.6%7.11%minus 33.0%
Median of 7 peers–−0.25%14,71351.08.2412.6%15.3%22.7%24.2%19.7%0.12%−13.4%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
37.742.34341.437.8
27.728.630.428.928.1
9.913.712.612.69.7
26.4%32.4%29.3%30.3%25.7%
0.10.20.40.70.4
0.30.20.20.20.2
0.80.80.80.90.8
912.91212.29.1
28.7%23.9%19.0%24.3%20.2%
6.49.89.79.27.2
2.714.134.093.883.05

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+27.6%
Profit CAGR 3Y
+11.6%
EPS CAGR 3Y
+11.6%
ROE
97.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
78.3109137163
–+38.7%+26.5%+18.4%
45.261.188.3114
33.147.649.148.8
42.2%43.8%35.7%30.0%
0.4−0.1−0.10.5
00.10.30.9
0.50.92.23.2
−0−0.7−0.7−0.1
32.945.945.845.1
24.9%25.5%25.1%23.9%
24.734.234.334.3
–+38.2%+0.5%0.0%
10.4314.4014.4714.48

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
11.911.911.911.9
10.5128.917.5
––14.25.7
11.715.721.427
34.139.656.462.1
12.47.45.8
8.67.310.57
24.429.938.549.3
34.139.656.462.1

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
20.733.234.130.8
−0.2−1.9−7.6−0.8
−18.8−32.6−23.4−33.5
1.7−1.33.1−3.5
−0.6−2.2−7.2−1.6
20.131.126.929.2
−18.8−32.6−36.8−26.1

Shareholding pattern

Source: NSE filings
58.9%
promoters
  • Promoters58.92%
  • Public41.08%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202658.92%41.08%0.00
30 Jun 202658.92%41.08%0.00
31 Mar 202658.92%41.08%minus 0.02
31 Dec 202558.94%41.06%0.00
30 Sep 202558.94%41.06%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you