Empower India Limited (EMPOWER)

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Empower India Limited (EMPOWER) · mywealthgrid

About

Software consulting firm in India's IT sector; market cap ₹251.38 Cr. Revenue ₹11.8 Cr (Mar 2025) down 82% from ₹66.77 Cr (Mar 2024). Operating margins volatile, ranging -19% to +13% across last 8 quarters.

Face value: ₹1

Market cap

₹179 Cr

P/E

34.3×

P/B

0.6×

Dividend yield

ROE

1.7%

ROCE

1.8%

Debt / equity

0.07

OPM

-0%

EPS (TTM)

₹0.0

Book value

₹2.6

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Revenue collapsed 82% YoY (₹66.77 Cr Mar 2024 → ₹11.8 Cr Mar 2025); verify client concentration, contract loss, and recovery visibility.
Operating margins swung -19% to +13% over 8 quarters; verify whether volatility reflects client mix, project type, or structural cost issues.
High PE (48.16) with low recent profitability (Mar 2025 EPS ₹0); verify earnings catalysts justifying valuation.
Institutional ownership near-zero (FII 0.03%, DII 0%); verify analyst coverage, market perception, or liquidity constraints.

Generated analysis · source review pending

Growth drivers

Prior peak revenue ₹66.77 Cr (Mar 2024) shows market opportunity; verify whether current decline reflects temporary transition or permanent loss.
Profitable quarters exist (Jun 2024 OPM 13.11%, Sep 2024 OPM 5.11%); verify replicability across client base and project types.
Minimal debt (D/E 0.07) provides capacity for growth investment; verify capital allocation strategy and deployment plans.

Generated analysis · source review pending

1,290 historical price candles were omitted because the exchange source has not been verified.

₹1.5-9.4%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0.1)

Cons

−Low return on equity of 1.3% (3-yr avg)
−Low promoter holding of 15%

Research score

Structured signal from quality, growth, valuation and momentum.

46/100

Business quality: 24
Valuation: 68

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

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

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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 2021	Mar 2022	Mar 2024	Mar 2025
	0	6	117	124
COGS	0	6	113	123
Gross profit	—	0	4	0
	0	0	0	0
Operating profit (EBITDA)	-0	-0	4	-0
OPM %	—	-1.4%	3.3%	-0%
Depreciation	0	0	0	0
Interest	0	0	0	0
	-8	0	3	6
Profit before tax	-8	-0	7	6
Tax	0	0	0	0
Tax %	0%	0%	1.4%	6.1%
	-8	-0	7	5
PAT margin %	—	-1.4%	5.9%	4.2%
EPS (₹)	-0.1	0	0.1	0
EPS adjusted (₹)	-0.1	-0	0.1	0
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2021	Mar 2022	Mar 2024	Mar 2025
Equity capital	116	116	116	116
Reserves	142	176	183	188
	0	0	0	21
	2	4	16	42
Total equity & liabilities	261	297	316	367
	0	0	0	0
CWIP	—	—	—	—
Investments	197	208	200	193
	64	89	116	174
Total assets	261	297	316	367

₹ Cr	Mar 2021	Mar 2022	Mar 2024	Mar 2025
	-23	11	-6	18
Cash from investing	189	-11	8	0
	-166	-0	-1	21
Net cash flow	-0	0	1	39
Free cash flow	—	—	—	—
CFO / Operating profit %	—	—	-169.4%	—

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 6%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: -25%

Return on equity

7 years: —
5 years: —
3 years: 1%
Last year: 2%

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2024	Mar 2025
Margins
Gross margin %	—	1.6%	3.5%	0.4%
EBITDA margin %	—	-1.4%	3.3%	-0%
EBIT margin %	—	-1.4%	3.2%	-0%
PAT margin %	—	-1.4%	5.9%	4.2%
Working capital
Receivable days	—	0	14	3
Inventory days	—	301	19	33
Payable days	—	236	52	118
NWC days	—	66	-19	-82
Leverage
Current ratio	2.67	1.35	0.91	0.92
Debt to EBITDA	—	—	0.03	—
Debt to equity	0	0	0	0.07
Interest coverage	—	—	—	—
Asset turnover	0	0.02	0.37	0.34
Return ratios
Return on assets %	-2.9%	-0%	2.2%	1.4%
Return on capital employed %	-0%	-0%	2.4%	1.8%
Return on equity %	-3%	-0%	2.3%	1.7%

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
	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%	15.02%
	0%	0%	0.25%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	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%
	84.98%	84.98%	84.73%	84.95%	84.95%	84.95%	84.95%	84.95%	84.95%	84.95%	84.95%	84.95%
No. of shareholders	—	—	—	—	—	—	—	—	3,34,870	3,20,397	3,13,360	3,05,382

Promoter holding up 0 percentage points since Sep 2023.

70 deals · 7 Feb 2022 – 24 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Sept 2026	MEERA SINGH	Bulk	NSE	Buy	83,44,896	₹1.96	₹1.64 Cr
24 Sept 2026	AKARSHIKA TRADERS LLP	Bulk	NSE	Sell	65,00,000	₹1.96	₹1.27 Cr
17 Sept 2026	AKARSHIKA TRADERS LLP	Bulk	NSE	Buy	62,13,687	₹2.51	₹1.56 Cr
16 Sept 2026	ALIA COMMOSALES LLP	Bulk	NSE	Buy	1,07,61,645	₹2.47	₹2.66 Cr
2 Jul 2026	AVANCE VENTURES PRIVATE LIMITED	Bulk	NSE	Buy	76,13,276	₹2.38	₹1.81 Cr
2 Jul 2026	AVANCE VENTURES PRIVATE LIMITED	Bulk	NSE	Sell	4,38,446	₹2.35	₹0.10 Cr
13 May 2026	AVANCE VENTURES PRIVATE LIMITED	Bulk	NSE	Buy	1,00,00,000	₹2.64	₹2.64 Cr
13 May 2026	AVANCE VENTURES PRIVATE LIMITED	Bulk	NSE	Buy	58,58,850	₹2.65	₹1.55 Cr
6 May 2026	AKARSHIKA TRADERS LLP	Bulk	BSE	Buy	76,57,165	₹2.34	₹1.79 Cr
18 Aug 2025	NEO APEX VENTURE LLP	Bulk	BSE	Sell	69,21,464	₹1.06	₹0.73 Cr

1–10 of 70

1 / 7

Mr. SATYAWAN JAYRAM JANKARNon-Executive - Non Independent Director-Chairperson
Mr. RAJESH DIPALU CHAVANExecutive Director-MD
Mr. DILIP KUMARNon-Executive - Non Independent Director
Mr. NAVEENAKUMAR KUNJARUNon-Executive - Independent Director
Mrs. FATIMA RAFATALI RAZVINon-Executive - Independent Director
Ms. Priyanka GuptaCompany 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 Empower India 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.

2

Dividend dividend24 Sept 2010 · ex-date₹0.03
Dividend dividend25 Sept 2008 · ex-date₹0.05

1

Board meeting to consider results12 Aug 2026

1

Bonus 23:223 Mar 2010 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

17 announcementsExport CSV

30 Sept 2026, 6:49 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

16 Sept 2026, 2:10 pmCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

12 Sept 2026, 3:29 pmCorp. Action

Intimation Of The Record Date For The Purpose Of 44Th Annual General Meeting Of The Company

Record Date PDF

10 Sept 2026, 3:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

9 Sept 2026, 7:05 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Director

Resignation of Director PDF

8 Sept 2026, 7:58 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

8 Sept 2026, 7:08 pmAGM/EGM

Submission Of Notice Of The 44Th Annual General Meeting For The Financial Year 2025-26

AGM PDF

7 Sept 2026, 2:31 pmCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

Date	Category	Subject	Filing
30 Sept 2026, 6:49 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
16 Sept 2026, 2:10 pm	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Empower India 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

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

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

Dividends2

Board meetings1

Bonus issues1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends2

Board meetings1

Bonus issues1

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

2

1

1

2

1

1