As of 6 Nov 2026, Madala Holdings trades at 119.3× trailing earnings, above the industry P/E of 27.7×, and the shares are 49% below their 52-week high. Its ROCE of 4.0% is the second-lowest among the 7 largest Software (Application) peers, and sales fell 42% a year over 3 years. It is a small-cap company with a market cap of ₹203 Cr, ranked 43rd of 74 Software (Application) companies by market cap; the shares fell 41% over the past year.
- ₹137.60
- ₹138.00
- ₹131.05
- ₹137.60
- 73
Health check
- ReturnsBehind
−40.7% over a year, better than 1 of 7 peers.
- Price tagPricier
P/E 119.3 vs industry 27.7.
- GrowthSteady
Sales −42.1%, profit +223.6% a year over 3 years.
- ProfitabilityWeak
ROCE 4.0% vs peer median 12.6%.
- Balance sheetFair
Piotroski 7 of 9.
- Red flags4 to check
Return on equity is low at 2.4%.
Small cap
High beta
Key metrics
- Market cap
- ₹203 Cr
- Small cap
- P/E
- 119.3
- Industry 27.7
- Price to book
- 1.79
- Peers 8.24
- Dividend yield
- 0.00%
- ROE
- 2.4%
- Peers 15.3%
- ROCE
- 4.0%
- Peers 12.6%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹1.15
- OPM (TTM)
- 56.4%
- Net margin 11.9%
- Sales growth
- +13.9%
- Latest quarter vs a year ago
- Profit growth
- −22.7%
- Latest quarter vs a year ago
- Price to sales
- 14.23
- EV/EBITDA 31.2
Strengths and risks
Risks to check
- Return on equity is low at 2.4%.
- Quarterly profit down 22.7% on a year ago.
- P/E of 119.3 against an industry P/E of 27.7.
- 49% below its 52-week high.
About Madala Holdings
Madala Holdings Limited provides information and technology services in India. The company offers document and data centric business process transformation solutions; enterprise application solutions; data transformation solutions; and tool assisted modernization solution. It also provides infrastructural facilities, such as leasing of properties and spaces. The company serves government, high tech, insurance, healthcare, media, and manufacturing…
- Headquarters
- Hyderabad
- Employees
- 15
- Sector
- Technology
- ISIN
- INE002B01016
- Website
- softsolindia.com
Price range
- Avg volume (3M)
- 604
- 1-year return
- minus 40.7%
- From 52-week high
- minus 48.7%
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% |
| MADALAMadala Holdings | 137.20 | minus 0.29% | 203 | 119.3 | 1.79 | 4.0% | 2.4% | 56.4% | −42.1% | 223.6% | 0.00% | minus 40.7% |
| 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 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 3.4 | 3.4 | 3.4 | 3.6 | 3.9 | |
| 0.8 | 1.2 | 1.5 | 1.9 | 1.5 | |
| 2.5 | 2.2 | 1.9 | 1.7 | 2.3 | |
| 75.0% | 64.1% | 54.5% | 46.8% | 60.1% | |
| 2.8 | 0.9 | 2.8 | −8.1 | 5 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.4 | 0.4 | 0.4 | 0.4 | 3.7 | |
| 4.9 | 2.5 | 4.1 | −7 | 3.5 | |
| 8.6% | 26.6% | 12.5% | −3.5% | 2.7% | |
| 4.4 | 1.9 | 3.6 | −7.2 | 3.4 | |
| 3.01 | 1.26 | 2.45 | -4.88 | 2.32 |
Profit & loss
- Sales CAGR 3Y
- −42.1%
- Profit CAGR 3Y
- +223.6%
- EPS CAGR 3Y
- +231.9%
- ROE
- 2.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 71 | 13.5 | 12.7 | 13.8 | |
| – | minus 81.0% | minus 5.7% | +8.0% | |
| 74.3 | 4.7 | 5.2 | 7.2 | |
| −3.3 | 8.8 | 7.5 | 6.6 | |
| −4.7% | 65.3% | 59.0% | 47.6% | |
| 16.2 | 5 | 4.8 | 5.8 | |
| 0.7 | 0.3 | 0.3 | 0.3 | |
| 1.8 | 2 | 1.9 | 1.7 | |
| −7.6 | 0.7 | 1.1 | −5.8 | |
| 2.7 | 12.1 | 11.2 | 4.6 | |
| 97.1% | 18.5% | 22.9% | 40.7% | |
| 0.1 | 9.9 | 8.6 | 2.7 | |
| – | +12281.0% | minus 12.6% | minus 68.7% | |
| 0.05 | 6.69 | 5.85 | 1.83 |
Forecast
Balance sheet
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| – | 15.2 | 15.2 | 15.2 | 15.2 | |
| – | 132 | 87 | 95.4 | 98.1 | |
| 13 | 8.5 | 8.6 | – | – | |
| – | 27.2 | 7.5 | 10.5 | 10.3 | |
| – | 183 | 118 | 121 | 124 | |
| – | 10.4 | 10.7 | 9.8 | 9 | |
| 4.5 | 0 | – | – | – | |
| – | 0.2 | 0.3 | 0.2 | 0.1 | |
| – | 117 | 10.8 | 12.9 | 57.4 | |
| – | 55.8 | 96.5 | 98.2 | 57.1 | |
| – | 183 | 118 | 121 | 124 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4 | 8 | −3.4 | 8.3 | |
| 30.6 | −6.4 | 4.1 | −46.5 | |
| −39.5 | −3.1 | – | – | |
| −4.9 | −1.5 | 0.6 | −38.2 | |
| −3.9 | −1.7 | −0 | −0 | |
| 0.2 | 6.3 | −3.5 | 8.3 |
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
No recent news coverage found.