As of 6 Nov 2026, Spice Lounge Food Works trades at 81.0× trailing earnings, above the industry P/E of 27.7×, and the shares are 74% below their 52-week high. Its ROCE of 4.8% is the second-lowest among the 7 largest Software (Application) peers. Debt is 0.96× equity. It is a small-cap company with a market cap of ₹1,299 Cr, ranked 23rd of 74 Software (Application) companies by market cap; the shares fell 68% over the past year.
- ₹18.64
- ₹18.64
- ₹18.64
- ₹17.76
- 28.7K
Health check
- ReturnsBehind
−67.8% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 81.0 vs industry 27.7.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROCE 4.8% vs peer median 12.6%.
- Balance sheetFair
Debt 0.96× equity, interest covered 5.6×, Piotroski 6 of 9.
- Red flags2 to check
P/E of 81.0 against an industry P/E of 27.7.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,299 Cr
- Small cap
- P/E
- 81.0
- Industry 27.7
- Price to book
- 10.74
- Peers 8.24
- Dividend yield
- 0.00%
- ROE
- 8.4%
- Peers 15.3%
- ROCE
- 4.8%
- Peers 12.6%
- Debt to equity
- 0.96
- Debt ₹118 Cr
- EPS (TTM)
- ₹0.23
- OPM (TTM)
- 10.7%
- Net margin 9.2%
- Sales growth
- +24.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 7.65
- EV/EBITDA 61.8
Strengths and risks
Strengths
- Quarterly sales up 24.3% on a year ago.
Risks to check
- P/E of 81.0 against an industry P/E of 27.7.
- 74% below its 52-week high.
About Spice Lounge Food Works
Spice Lounge Food Works Limited, together with its subsidiaries, provides information technology services and solutions in India, the United States, Canada, and internationally. The company offers computer and related services; outsourcing services; data, voice or video collection, and processing services; call center services comprising in bound and out bound calling services of various kinds; technical support; managed data and technical centers;…
- Headquarters
- Hyderabad
- Sector
- Technology
- ISIN
- INE631E01024
- Website
- espicelounge.com
Price range
- Avg volume (3M)
- 5.9 L
- 1-year return
- minus 67.8%
- From 52-week high
- minus 74.2%
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% |
| SPICELOUNGSpice Lounge Food Works | 18.64 | plus 4.95% | 1,299 | 81.0 | 10.74 | 4.8% | 8.4% | 10.7% | – | – | 0.00% | minus 67.8% |
| 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 |
|---|---|---|---|---|---|
| 32.3 | 46.2 | 32.9 | 47 | 40.1 | |
| 31 | 44.3 | 29.4 | 40.8 | 34.1 | |
| 1.3 | 2 | 3.5 | 6.2 | 6.1 | |
| 4.0% | 4.2% | 10.6% | 13.3% | 15.2% | |
| 0.1 | 2.9 | 0.2 | 0.3 | 0.3 | |
| 1.5 | 0.8 | 0.9 | 1 | 0.8 | |
| 1.9 | 0.3 | 0.3 | 0.4 | 0.6 | |
| −2 | 3.6 | 2.4 | 5.2 | 5 | |
| 40.6% | 5.5% | −3.4% | 4.6% | 3.7% | |
| −1.2 | 3.4 | 2.5 | 5 | 4.8 | |
| -0.02 | 0.05 | 0.04 | 0.07 | 0.07 |
Profit & loss
- ROE
- 8.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | – | 105 | 158 | |
| – | – | 92 | 145 | |
| −0.1 | −0 | 13.2 | 13.1 | |
| – | – | 12.6% | 8.2% | |
| 0 | −0 | −0.8 | 1.2 | |
| – | – | 3 | 2 | |
| 0 | 0 | 3.7 | 3 | |
| −0.1 | −0.1 | 5.8 | 9.2 | |
| 0.5% | 1.0% | 2.7% | −4.8% | |
| −0.1 | −0.1 | 5.6 | 9.7 | |
| -0.03 | -0.02 | 0.08 | 0.14 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3 | 3 | 69.7 | 69.7 | |
| −0.1 | −0.2 | 39 | 53.3 | |
| – | – | 78.3 | 129 | |
| 1.2 | 1.3 | 16.1 | 40.1 | |
| 4.1 | 4.1 | 203 | 292 | |
| 0 | 0 | 22.2 | 20.3 | |
| – | – | 1.4 | 0.9 | |
| – | – | – | 47.3 | |
| 0.6 | 0.6 | 2.4 | 1.4 | |
| 3.5 | 3.5 | 177 | 222 | |
| 4.1 | 4.1 | 203 | 292 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | −0 | 2.9 | 4.8 | |
| – | – | 3.8 | −48.4 | |
| – | – | −4.8 | 42.6 | |
| 0 | −0 | 1.9 | −1 | |
| – | – | −0.1 | −2.5 | |
| 0 | −0 | 2.8 | 2.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 16.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.