California Software Company Limited (CALSOFT)

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California Software Company Limited (CALSOFT) · mywealthgrid

About

California Software operates in software and consulting with ₹159.63 Cr market cap. Recent quarters show 75–90% operating margins but extreme revenue volatility (₹1.54–₹14.03 Cr across four quarters). Promoter-controlled (62.26%) with negligible institutional investor base.

Face value: ₹10

Market cap

₹225 Cr

P/E

15.4×

P/B

5.5×

Dividend yield

ROE

32.3%

ROCE

38.7%

Debt / equity

0.04

OPM

75.7%

EPS (TTM)

₹2.4

Book value

₹6.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue swings tenfold in four quarters (₹1.54 Cr Sep 2025 → ₹14.03 Cr Mar 2026 → ₹6.63 Cr Jun 2026), suggesting project-dependent model without sustained growth trend.

Operating margin compressed to 28.57% in Sep 2025 from 90%+ in recent quarters; sustainability of high-margin quarters unproven if revenue scales.

Micro-cap liquidity: ₹159.63 Cr market cap with negligible FII (0.03%) and zero DII limits exit options and analyst coverage.

100% one-year return may have priced in growth assumptions; verify if earnings trajectory supports current valuation.

Generated analysis · source review pending

Growth drivers

ROE 32.31% with low leverage (D/E 0.04) funds organic capex; verify whether capital deployment into scaling or expansion is planned.

Operating margins 85–90% if sustained at higher revenue would compound earnings beyond sales growth; verify cost structure holds at scale.

D/E 0.04 enables M&A or capability acquisition for faster expansion; verify if management pursues inorganic growth.

Software and consulting sector growth in India and globally if company expands from India base; verify customer geography and export penetration.

Generated analysis · source review pending

2,423 historical price candles were omitted because the exchange source has not been verified.

₹36.4+8.9%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 75.7%
+Profit CAGR of 123.6% over the last 5 years
+Revenue CAGR of 68.2% over the last 5 years
+Almost debt-free (debt/equity 0)
+High promoter holding of 62.3% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

90/100

Business quality: 100
Growth: 100
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1	1	1	11	3	4	5	20
	1	1	1	3	2	3	4	5
	1	-0	1	7	1	2	2	15
OPM %	45.5%	-6.8%	39%	68.4%	43.1%	36.7%	28.8%	75.7%
Depreciation	0	0	0	1	1	1	1	1
Interest	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
Profit before tax	1	0	0	6	0	1	1	14
Tax	0	0	0	2	0	0	0	4
Tax %	0%	22.2%	26.9%	27.9%	26.7%	27.1%	28%	25.8%
	1	0	0	5	0	1	1	11
PAT margin %	45.5%	5.1%	13%	41.9%	8%	14.5%	13.2%	54.1%
EPS (₹)	0.4	0.1	0.1	2.9	0.1	0.4	0.1	1.7
EPS adjusted (₹)	—	—	0.1	2.9	0.1	0.4	0.3	3.2
Annual report	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	15	15	15	15	27	33
Reserves	-9	-4	-4	-3	-3	8
	2	5	6	8	1	2
	6	7	7	1	2	7
Total equity & liabilities	15	23	25	22	27	50
	6	4	4	3	2	2
CWIP	—	—	—	—	—	—
Investments	0	0	0	0	0	0
	9	19	22	19	25	48
Total assets	15	23	25	22	27	50

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	-3	-1	-2	-2	1
	-6	-0	-0	0	-0	-4
	1	3	1	2	4	7
Net cash flow	-0	0	0	-0	2	4
Free cash flow	-1	-3	-1	-2	-2	1
CFO / Operating profit %	915.8%	-42.3%	-122.7%	-124.8%	-113.4%	6.9%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	45.5%	-6.8%	39%	68.4%	43.1%	36.7%	28.8%	75.7%
EBIT margin %	45.5%	-6.8%	18.5%	58.2%	10.5%	19.9%	18.3%	72.9%
PAT margin %	45.5%	5.1%	13%	41.9%	8%	14.5%	13.2%	54.1%
Working capital
Receivable days	—	—	0	486	2,267	1,249	1,232	312
Inventory days	—	—	0	0	0	0	0	0
Payable days	—	—	2,469	0	81	55	44	0
NWC days	—	—	-2,469	486	2,185	1,194	1,188	312
Leverage
Current ratio	—	—	0.72	35.17	1.59	1.96	8.74	—
Debt to EBITDA	—	—	2.98	0.66	5.35	5.29	0.51	0.11
Debt to equity	—	—	0.25	0.43	0.55	0.68	0.03	0.04
Interest coverage	—	—	—	—	—	—	—	—
Asset turnover	—	—	0.1	0.47	0.11	0.2	0.2	0.4
Return ratios
Return on assets %	—	—	1.3%	19.7%	0.9%	2.8%	2.6%	21.4%
Return on capital employed %	—	—	3.9%	43%	1.7%	7.1%	5.4%	38.7%
Return on equity %	—	—	2.8%	40.1%	1.9%	5.1%	2.9%	25.8%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	35.73%	35.73%	35.73%	35.73%	35.73%	35.73%	62.26%	62.26%	62.26%	62.26%	62.26%	62.26%
	0%	0%	0%	0%	0.01%	0%	0%	0%	0%	0%	0%	0.03%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	64.27%	64.27%	64.27%	64.27%	64.26%	64.27%	37.74%	37.74%	37.74%	37.74%	37.74%	37.71%
No. of shareholders	—	—	—	—	—	—	—	—	16,675	16,702	16,889	18,115

Promoter holding up 26.53 percentage points since Sep 2023.

140 deals · 4 Aug 2021 – 6 May 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 May 2026	MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED	Bulk	NSE	Sell	1,93,766	₹20.82	₹0.40 Cr
6 May 2026	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Buy	1,80,000	₹20.83	₹0.37 Cr
6 May 2026	GREEN PEAKS ENTERPRISES LLP	Bulk	NSE	Buy	1,53,420	₹20.79	₹0.32 Cr
6 May 2026	KARN VIVEK NAGPAL	Bulk	NSE	Buy	1,50,000	₹20.83	₹0.31 Cr
6 May 2026	MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED	Bulk	NSE	Buy	1,24,806	₹20.83	₹0.26 Cr
6 May 2026	GREEN PEAKS ENTERPRISES LLP	Bulk	NSE	Sell	1,05,257	₹20.77	₹0.22 Cr
6 May 2026	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Sell	1,00,000	₹20.83	₹0.21 Cr
5 May 2026	NEO APEX SHARE BROKING SERVICES LLP	Bulk	NSE	Sell	4,95,000	₹18.94	₹0.94 Cr
5 May 2026	NEO APEX SHARE BROKING SERVICES LLP	Bulk	NSE	Buy	1,53,367	₹18.94	₹0.29 Cr
30 Apr 2026	SATYA PRAKASH MITTAL	Bulk	NSE	Buy	1,50,000	₹14.35	₹0.22 Cr

1–10 of 140

1 / 14

Mr. FREDERICK IVOR BENDLENon-Executive - Non Independent Director-Chairperson
Mr. VASUDEVAN MAHALINGAMExecutive Director-MD
Mrs. MANIMALA VASUDEVANExecutive Director
Mr. VIJAYKUMAR MADHAVANExecutive Director
Mrs. AVN SRIMATHINon-Executive - Independent Director
Mr. R S CHANDANNon-Executive - Independent Director
Mr. B DURAISAMYNon-Executive - Independent Director
Ms. Manimala VasudevanChief Financial Officer
K. VenkatesanCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in California Software Company Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

3

Dividend dividend9 Sept 2010 · ex-date₹2
Dividend dividend20 Aug 2008 · ex-date₹1
Dividend dividend13 Aug 2007 · ex-date₹0.75

1

Board meeting to consider results20 Jul 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

19 announcementsExport CSV

7 Sept 2026, 8:08 pmAGM/EGM

Intimation Of 34Th Annual General Meeting To Be Held On Tuesday, September 29, 2026 And Book Closure.

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	45.5%	-6.8%	39%	68.4%	43.1%	36.7%	28.8%	75.7%
EBIT margin %	45.5%	-6.8%	18.5%	58.2%	10.5%	19.9%	18.3%	72.9%
PAT margin %	45.5%	5.1%	13%	41.9%	8%	14.5%	13.2%	54.1%
Working capital
Receivable days	—	—	0	486	2,267	1,249	1,232	312
Inventory days	—	—	0	0	0	0	0	0
Payable days	—	—	2,469	0	81	55	44	0
NWC days	—	—	-2,469	486	2,185	1,194	1,188	312
Leverage
Current ratio	—	—	0.72	35.17	1.59	1.96	8.74	—
Debt to EBITDA	—	—	2.98	0.66	5.35	5.29	0.51	0.11
Debt to equity	—	—	0.25	0.43	0.55	0.68	0.03	0.04
Interest coverage	—	—	—	—	—	—	—	—
Asset turnover	—	—	0.1	0.47	0.11	0.2	0.2	0.4
Return ratios
Return on assets %	—	—	1.3%	19.7%	0.9%	2.8%	2.6%	21.4%
Return on capital employed %	—	—	3.9%	43%	1.7%	7.1%	5.4%	38.7%
Return on equity %	—	—	2.8%	40.1%	1.9%	5.1%	2.9%	25.8%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Persistent Systems LimitedPERSISTENTPERSISTENT	₹84,691 Cr	₹84,691 Cr	₹15,718 Cr	₹2,881 Cr	19%	₹1,923 Cr	12.7%	34.2%	26.3%	48
Coforge LimitedCOFORGECOFORGE	₹80,837 Cr	₹81,237 Cr	₹18,152 Cr	₹3,397 Cr	17.9%	₹1,717 Cr	10.6%	22.2%	19.7%	88
Mphasis LimitedMPHASISMPHASIS	₹42,956 Cr	₹44,749 Cr	₹16,531 Cr	₹3,071 Cr	18.8%	₹1,910 Cr	11.7%	24.7%	18.3%	58
Hexaware Technologies LimitedHEXTHEXT	₹29,966 Cr	₹29,966 Cr	₹14,420 Cr	₹2,155 Cr	14.2%	₹1,344 Cr	10.2%	—	—	—
Tata Elxsi LimitedTATAELXSITATAELXSI	₹19,268 Cr	₹19,268 Cr	₹3,886 Cr	₹876 Cr	22.5%	₹655 Cr	16.7%	29.9%	21.3%	-54
Fractal Analytics LimitedFRACTALFRACTAL	₹12,510 Cr	₹12,796 Cr	₹3,300 Cr	₹508 Cr	15.4%	₹292 Cr	8.7%	15.3%	11.8%	61
Rategain Travel Technologies LimitedRATEGAINRATEGAIN	₹9,953 Cr	₹10,875 Cr	₹2,336 Cr	₹459 Cr	18.5%	₹242 Cr	10.7%	13.8%	10.5%	36
Zensar Technologies LimitedZENSARTECHZENSARTECH	₹9,881 Cr	₹9,881 Cr	₹5,811 Cr	₹926 Cr	16.1%	₹776 Cr	13.6%	23%	17.6%	31
ASM Technologies LtdASMTECASMTEC	₹9,641 Cr	₹9,754 Cr	₹529 Cr	₹101 Cr	19.1%	₹26 Cr	11.5%	33.3%	25.7%	202
Intellect Design Arena LimitedINTELLECTINTELLECT	₹8,566 Cr	₹8,566 Cr	₹3,182 Cr	₹603 Cr	19.1%	₹351 Cr	11.3%	15.6%	11.6%	46
Birlasoft LimitedBSOFTBSOFT	₹7,542 Cr	₹7,551 Cr	₹5,404 Cr	₹930 Cr	16.3%	₹573 Cr	9.8%	21.2%	13.7%	63
Sonata Software LimitedSONATSOFTWSONATSOFTW	₹7,124 Cr	₹7,692 Cr	₹11,015 Cr	₹752 Cr	6.9%	₹463 Cr	4.3%	32.4%	25.7%	-19

Date	Category	Subject	Filing
7 Sept 2026, 8:08 pm	AGM/EGM AGM	Intimation Of 34Th Annual General Meeting To Be Held On Tuesday, September 29, 2026 And Book Closure.	PDF
20 Aug 2026, 11:44 am	Company Update General	Clarification On Movement In Price	PDF
19 Aug 2026, 6:19 pm	Company Update Clarification	Clarification sought from California Software Company Ltd	—
30 Jul 2026, 5:54 pm	Company Update General	Reappointment Of Directors -Intimation Regarding	PDF
22 Jul 2026, 1:43 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
20 Jul 2026, 9:40 pm	Result Financial Results	Outcome Of Board Meeting Held On July 20, 2026	PDF
20 Jul 2026, 9:10 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of Board Meeting Held On July 20, 2026	PDF
15 Jul 2026, 12:59 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF

California Software Company Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

3

1

Announcements

Not in the F&O segment

No fund holdings on record

3

1

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

California Software Company Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends3

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends3

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

3

1

3

1