DIGISPICEInformation Technology

DiGiSPICE Technologies Limited

IT Enabled Services · ISIN INE927C01020 · BSE 517214 · NSE EQ · FV ₹3
Last price
₹16
-1.03%today
What this company does

DiGiSPICE Technologies Limited operates in IT Enabled Services, part of the Information Technology sector. It booked ₹108 cr of revenue in its latest quarter (Q1 FY27) and kept 6.0% of sales as profit.

57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 81–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns46

How much profit it earns on the money it employs

Balance sheet39

How much it owes, and whether earnings cover the interest

Cash quality85

Whether reported profit actually arrives as cash

Growth & consistency22

Whether sales and profit have grown, and how steadily

Valuation81

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 73%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 6.0% net margin
! Sales down 13% vs last year
! Profit down 5% vs last year

What if I invest in DIGISPICE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹16 -1.03%
latest close · 2026-09-17
1-year return
-69.8%
52-wk low ₹1652-wk high ₹60
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.6Low
LowAverageHigh
P/B ratio1.45Moderate
Below bookModerateHigh
EV / EBITDA4.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.1%Fair
WeakFairStrong ▸15%
Return on capital15.9%Strong
WeakFairStrong
Net margin6.0%Decent
ThinDecentStrong
EBITDA margin11.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.35Comfortable
LowModerateHigh ▸1
Interest cover27.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.18Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹340 cr
Book value
₹11
EPS
₹0.30
latest quarter
Net debt
₹-133 cr
more cash than debt
Enterprise value
₹207 cr
EBITDA
₹50 cr
annualised
EBIT
₹43 cr
annualised
Operating margin
9.9%
Return on assets
3.2%
Earnings yield
7.37%
P/S
0.79
Sales / share
₹20.7
Tax rate
32.3%
Face value
₹3
Shares
20.9 cr
Working capital
₹95 cr
Current assets
₹633 cr
Current liabilities
₹538 cr
Delivery %
70.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹8₹8, midpoint ₹8

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹108 cr
Other Income₹6 cr
Total Income₹114 cr
Cost of Materials₹56.3 L
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-21.3 L
Employee Benefit Expense₹24 cr
Finance Costs₹38.2 L
Depreciation & Amortisation₹2 cr
Other Expenses₹75 cr
Total Expenses₹102 cr
Exceptional Items₹-2 cr
Profit before Tax₹10 cr
Tax Expense₹3 cr
Net Profit₹7 cr
Net margin on total income5.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹35 L0.3%
Employee benefit expense₹24 cr21.6%
Finance costs₹38.2 L0.3%
Depreciation & amortisation₹2 cr1.8%
Other expenses₹75 cr67.1%
Tax expense₹3 cr3.0%
Profit for the period₹7 cr5.9%
Total income ₹114 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue109 cr107 cr108 cr
Total income115 cr115 cr114 cr
Expenses106 cr108 cr102 cr
Profit before tax5 cr6 cr10 cr
Tax2 cr2 cr3 cr
Net profit (owners' share)2 cr3 cr6 cr
Net margin (owners' share, on revenue)2.2%2.5%6.0%
EPS (₹)0.150.180.30
YoY (latest quarter): total income -11.9% · net profit -5.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹806 cr
Shareholder equity
₹235 cr
parent shareholders
Total debt
₹82 cr
Cash
₹215 cr
Cash flow · H1 FY26
Operating
₹73 cr
Investing
₹-17 cr
Financing
₹-66 cr
Peer comparison
IT Enabled Services · by market value
CompanyPriceMarket capP/E
L&T Technology Services Limited₹3,324₹35,238 cr25.1
Tata Technologies Limited₹759₹30,809 cr42.6
Inventurus Knowledge Solutions Limited₹1,729₹29,538 cr37.4
Netweb Technologies India Limited₹4,579₹26,070 cr76.4
Affle 3i Limited₹1,546₹21,734 cr42.3
SAGILITY LIMITED₹45₹20,851 cr24.2
Black Box Limited₹766₹13,611 cr60.8
Amagi Media Labs Limited₹574₹12,425 cr96.4
E2E Networks Limited₹604₹12,424 cr70.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.45
ex 19 Sep 2019
ActionDetailEx-date
Dividend Annual General Meeting/Dividend - 0.45 Per Share19 Sep 2019
Dividend₹0.45 / share19 Sep 2019
Dividend₹1.5 / share12 Feb 2014
Dividend₹0.15 / share8 Nov 2013
Dividend₹1.5 / share30 Nov 2012
Who owns it · 2026-06-30
No pledge
Promoter
72.6%
FII / Foreign
DII / Domestic
0.0%
Retail / others
27.4%
Promoter stake down 0.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSubramanian Murali · Director3.50 L · ₹97.1 L23 Sep 22
SoldSubramanian Murali · Director24,719 · ₹7.5 L13 Sep 22
SoldSubramanian Murali · Director26,560 · ₹8.0 L13 Sep 22
Bulk / block deals
SoldLTD MEDIATEK INDIA TECHNOLOGY PVT · NSE14.31 L @ ₹47.691 Jul 24
SoldGRAVITON RESEARCH CAPITAL LLP · NSE11.75 L @ ₹49.011 Jul 24
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE11.75 L @ ₹49.111 Jul 24
Stake changes
SoldMediaTek India Technology Private Limited→ 4.36% · 46.49 L11 Oct 23
SoldMediaTek India Technology Pvt. Ltd→ 6.47% · 45.74 L16 Jun 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
To receive, consider and adopt: a. the Audited Financial Statements for the financial year ended 31st March, 2025 along with the Board of Directors’ and Auditors’ Report thereon; b. the Audited Consolidated Financial Statements for the financial year ended 31st March, 2025 and the Auditors’ Report thereon.
Backed by 100% of shareholders other than promotersneeded 50%
37,458 votes for, 85 against
2
To consider and appoint a Director in place of Mr. Rohit Ahuja (DIN: 00065417), Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 97% of shareholders other than promotersneeded 50%
36,360 votes for, 1,078 against
3
To consider and approve the appointment of M/s Sanjay Grover & Associates, Company Secretaries, as Secretarial Auditor of the Company
Backed by 100% of shareholders other than promotersneeded 50%
37,474 votes for, 69 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 72.6% between them · as of 2026-06-30
SPICE CONNECT PRIVATE LIMITED72.21%
DILIP MODI0.43%
DIVYA MODIno shares
EXPONENTIALLY I MOBILITY LLPno shares
MODI HOLDINGS PRIVATE LIMITED (Erstwhile known as Rajarshi Modi Private Limited)no shares
S Global Innovation Centre Pte. Limitedno shares
VEENA MODIno shares
WSFX GLOBAL PAY LIMITEDno shares
Business done with them
FY2025 · 2 of the group
The company paid ₹34.8 L to companies in the promoter group last year — about 0.1% of its ₹448 cr revenue.
SPICE CONNECT PRIVATE LIMITED
Settlement Of Liabilities By Entity On Behalf Of Related Party · Description is mentioned under line item
also owns 72.21% of the company
₹29.1 L
company paid
WSFX GLOBAL PAY LIMITED
Leases As Lessee · Description is mentioned under line item
₹11.7 L
company received
WSFX GLOBAL PAY LIMITED
Other payments to them · Description is mentioned under line item
₹4.2 L
company paid
SPICE CONNECT PRIVATE LIMITED
Leases As Lessee · Description is mentioned under line item
also owns 72.21% of the company
₹1.8 L
company received
WSFX GLOBAL PAY LIMITED
Settlement Of Liabilities By Entity On Behalf Of Related Party · Description is mentioned under line item
₹1.5 L
company paid

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.