Odyssey Technologies (BSE: ODYSSEY) had a P/E of 18.1× on 6 Nov 2026, below the industry P/E of 25.1×, and the shares are 48% below their 52-week high. It earns ROCE of 4.1% and ROE of 6.9%, and sales grew 4.1% a year over 3 years while net profit fell 2.7%. Its dividend yield is 2.1%. It is a small-cap company with a market cap of ₹67 Cr, ranked 21st of 25 Software (Infrastructure) companies by market cap; the shares fell 49% over the past year.
- ₹42.00
- ₹44.80
- ₹41.55
- ₹42.35
- 4.4K
Health check
- ReturnsBehind
−48.7% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 18.1 vs industry 25.1.
- GrowthSlow
Sales +4.1%, profit −2.7% a year over 3 years.
- ProfitabilityWeak
ROCE 4.1% vs peer median 8.9%.
- Balance sheetStretched
Piotroski 3 of 9.
- Red flags4 to check
Return on equity is low at 6.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹67 Cr
- Small cap
- P/E
- 18.1
- Industry 25.1
- Price to book
- 1.12
- Peers 5.54
- Dividend yield
- 2.15%
- ROE
- 6.9%
- Peers 9.4%
- ROCE
- 4.1%
- Peers 8.9%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹2.32
- OPM (TTM)
- 13.9%
- Net margin 13.7%
- Sales growth
- −4.6%
- Latest quarter vs a year ago
- Profit growth
- −60.0%
- Latest quarter vs a year ago
- Price to sales
- 2.48
- EV/EBITDA 6.4
Strengths and risks
Strengths
- Dividend yield of 2.15%.
- P/E of 18.1 against an industry P/E of 25.1.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 6.9%.
- Quarterly profit down 60.0% on a year ago.
- Quarterly sales down 4.6% on a year ago.
- 48% below its 52-week high.
About Odyssey Technologies
Odyssey Technologies Limited engages in developing software focusing on public key infrastructure, cryptography, and other related services in India. The company's authentication solutions include Snorkel-TX, a multifactor authentication server for internet banking and e-commerce applications; and Snorkel-BX, a file transfer application. It also provides Certrix, a certifying authority server software for issuing and managing digital certificates; Odyssey…
- Headquarters
- Chennai
- Employees
- 178
- Sector
- Technology
- ISIN
- INE213B01019
- Website
- odysseytec.com
Price range
- Avg volume (3M)
- 9.8K
- 1-year return
- minus 48.7%
- From 52-week high
- minus 48.2%
Peers · Software - Infrastructure
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JPLJio Platforms | 1,406.40 | minus 0.80% | 12,95,158 | 40.8 | 3.57 | 8.9% | 9.4% | 32.8% | – | – | 0.00% | minus 0.8% |
| PAYTMOne 97 Communications | 1,794.40 | plus 0.72% | 1,14,873 | 136.1 | 6.94 | 3.7% | 5.3% | 8.0% | 1.2% | – | 0.00% | plus 40.5% |
| OFSSOracle Financial Services Software | 10,215.00 | plus 0.64% | 89,010 | 25.0 | 11.57 | 43.2% | 47.4% | 51.6% | 10.4% | 13.5% | 2.64% | plus 21.9% |
| PINELABSPine Labs | 162.45 | plus 0.51% | 18,759 | 116.9 | 3.15 | 3.5% | 3.3% | 17.1% | 21.0% | – | 0.00% | minus 35.3% |
| FRACTALFractal Analytics | 808.85 | minus 0.07% | 14,043 | 38.0 | 4.07 | 10.4% | 13.6% | 16.7% | 18.4% | 12.9% | 0.00% | minus 4.5% |
| E2EE2E Networks | 487.05 | minus 4.97% | 10,007 | 86.8 | 5.54 | −0.5% | 6.9% | 70.9% | 54.8% | – | 0.00% | plus 64.6% |
| MPIMANIPALManipal Payment and Identity Solutions | 312.80 | minus 0.81% | 7,251 | 23.8 | 8.78 | 43.4% | 46.2% | 24.9% | 13.7% | 29.1% | 0.00% | minus 9.4% |
| ODYSSEYOdyssey Technologies | 42.01 | minus 0.80% | 67 | 18.1 | 1.12 | 4.1% | 6.9% | 13.9% | 4.1% | −2.7% | 2.15% | minus 48.7% |
| Median of 7 peers | – | −0.07% | 18,759 | 40.8 | 5.54 | 8.9% | 9.4% | 24.9% | 16.1% | 13.5% | 0.00% | −0.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 6 | 6.8 | 6.9 | 7.7 | 5.7 | |
| 5.6 | 5.8 | 5.8 | 5.8 | 5.8 | |
| 0.4 | 0.9 | 1.1 | 1.8 | −0 | |
| 7.0% | 13.8% | 15.3% | 23.8% | −0.8% | |
| 0.7 | 0.7 | 0.7 | 0.9 | 0.7 | |
| 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | |
| 0.7 | 1.2 | 1.3 | 2.3 | 0.3 | |
| 26.2% | 26.1% | 28.2% | 23.9% | 27.6% | |
| 0.5 | 0.9 | 0.9 | 1.7 | 0.2 | |
| 0.34 | 0.54 | 0.57 | 1.07 | 0.14 |
Profit & loss
- Sales CAGR 3Y
- +4.1%
- Profit CAGR 3Y
- −2.7%
- EPS CAGR 3Y
- −2.8%
- ROE
- 6.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.2 | 26.3 | 27.3 | 27.3 | |
| – | +8.8% | +3.5% | +0.2% | |
| 17.6 | 20.1 | 22.2 | 23.1 | |
| 6.6 | 6.2 | 5.1 | 4.2 | |
| 27.4% | 23.7% | 18.5% | 15.5% | |
| 1.6 | 2 | 2.6 | 2.8 | |
| 2.8 | 2.3 | 2 | 1.8 | |
| 0.1 | 0.1 | 0.2 | 0.1 | |
| 5.7 | 6 | 5.8 | 5.4 | |
| 22.8% | 25.6% | 25.7% | 25.7% | |
| 4.4 | 4.4 | 4.3 | 4 | |
| – | +1.9% | minus 2.6% | minus 7.1% | |
| 2.74 | 2.78 | 2.72 | 2.52 |
Forecast
Balance sheet
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| – | 15.8 | 15.8 | 15.9 | 15.9 | |
| – | 31.6 | 36.1 | 40.6 | 43.5 | |
| 0 | – | – | – | – | |
| – | 2.7 | 3.6 | 3 | 4.6 | |
| – | 50.1 | 55.5 | 59.4 | 64 | |
| – | 9.3 | 8.8 | 8.4 | 7.9 | |
| 0.4 | 0.2 | 0.2 | 0.2 | – | |
| – | 23.8 | 29.6 | 38.3 | 43.3 | |
| – | 16.8 | 16.9 | 12.6 | 12.8 | |
| – | 50.1 | 55.5 | 59.4 | 64 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5 | 4.2 | 6.3 | 4 | |
| 0.7 | 1.6 | 2.3 | 2.5 | |
| 0 | 0 | 0.1 | −1.5 | |
| 5.8 | 5.8 | 8.7 | 5 | |
| −0.8 | −0.4 | −0.5 | −0.3 | |
| 4.2 | 3.8 | 5.8 | 3.7 | |
| – | – | – | −1.6 |
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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