Sancode Technologies Ltd (SANCODE)

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Sancode Technologies Ltd (SANCODE) · mywealthgrid

About

Sancode Technologies Ltd is a micro-cap IT-enabled services company with a market cap of ₹214.86 Cr. As of Jun 2023, it operated at microscopic scale with ₹0.13 Cr revenue while loss-making, with zero FII and DII participation despite significant stock appreciation.

Face value: ₹10

Market cap

₹342 Cr

P/E

4,881.3×

P/B

—

Dividend yield

ROE

—

ROCE

—

Debt / equity

—

OPM

-73.2%

EPS (TTM)

₹0.2

Book value

—

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Net losses (₹0.34 Cr, EPS -0.87) with severely negative operating margin (-261.54%) raise fundamental questions about unit economics and viability
Microscopic revenue scale (₹0.13 Cr in Jun 2023) limits competitive capability and creates operational disadvantages
Zero institutional investor participation (FII 0%, DII 0%) indicates limited analyst coverage, liquidity risks, and market validation concerns
Extreme stock volatility (₹32.65–₹524.05 in 52 weeks, up 682% in 1y) reflects micro-cap characteristics — verify what fundamentals or catalysts justify the appreciation from losses

Generated analysis · source review pending

Growth drivers

Return to operational profitability from -261.54% operating margin through cost restructuring or service pricing — verify management's path to breakeven and whether recent quarters (post-Jun 2023) show improvement
Revenue expansion from ₹0.13 Cr base if IT-enabled services win customer traction — verify current pipeline, recent customer wins, and demand in target verticals
Zero debt position (D/E 0) enables growth investment without refinancing constraints — verify capital allocation plans and expansion initiatives post-filing (Aug 2026)

Generated analysis · source review pending

575 historical price candles were omitted because the exchange source has not been verified.

₹833.4+4%1Y

Quick read

rule-based

Pros

+High promoter holding of 72.6% with no pledge

Cons

−Low return on equity of -0.4% (3-yr avg)
−Profit declined 51.9% a year over the last 3 years
−Modest revenue growth of 2.6% a year over the last 3 years
−Expensive at 4881.3× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

2/100

Business quality: 0
Growth: 5
Valuation

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
L&T Technology Services LimitedLTTSLTTS	₹34,671 Cr	₹34,671 Cr	₹11,701 Cr	₹2,074 Cr	17.6%	₹1,320 Cr	11.7%	24.9%	20.4%	29
Inventurus Knowledge Solutions LimitedIKSIKS	₹30,483 Cr	₹31,124 Cr	₹3,347 Cr	₹1,149 Cr	34.2%	₹764 Cr	22.6%	33.8%	31.4%	39
Tata Technologies LimitedTATATECHTATATECH	₹28,378 Cr	₹29,044 Cr	₹5,926 Cr	₹920 Cr	15.5%	₹557 Cr	9.9%	19.3%	14.6%	33
Netweb Technologies India LimitedNETWEBNETWEB	₹25,721 Cr	—	₹724 Cr	₹103 Cr	14.2%	₹76 Cr	10.5%	—	—	—
Affle 3i LimitedAFFLEAFFLE	₹20,410 Cr	₹20,422 Cr	₹2,836 Cr	₹638 Cr	22.5%	₹478 Cr	16.8%	16.9%	13.8%	-51
Sagility LimitedSAGILITYSAGILITY	₹20,209 Cr	₹21,320 Cr	₹7,617 Cr	₹1,849 Cr	24.5%	₹993 Cr	12.9%	13.3%	10.3%	78
Esds Software Solution LimitedESDSESDS	₹16,809 Cr	—	₹208 Cr	₹47 Cr	22.9%	₹-22 Cr	-10.8%	0.8%	-10.9%	—
Black Box LimitedBBOXBBOX	₹14,134 Cr	₹14,961 Cr	₹6,654 Cr	₹614 Cr	9%	₹226 Cr	3.4%	21.7%	21.3%	-10
E2e Networks LimitedE2EE2E	₹13,323 Cr	₹13,482 Cr	₹366 Cr	₹234 Cr	51.4%	₹31 Cr	-6.3%	-0.5%	-1%	-45
Cyient LimitedCYIENTCYIENT	₹12,272 Cr	₹12,438 Cr	₹7,632 Cr	₹944 Cr	12.5%	₹378 Cr	6.4%	12.4%	7.8%	119
Amagi Media Labs LimitedAMAGIAMAGI	₹11,984 Cr	₹11,984 Cr	₹1,506 Cr	₹50 Cr	3.4%	₹72 Cr	4.8%	5.2%	4.1%	40
Emudhra LimitedEMUDHRAEMUDHRA	₹4,802 Cr	₹4,826 Cr	₹745 Cr	₹174 Cr	22.7%	₹115 Cr	15.7%	14.9%	13%	36

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Financials

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

Annual Quarterly

Consolidated Standalone

Standalone figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	1	0	0
	0	2	1	1
Operating profit (EBITDA)	0	-1	-0	-0
OPM %	21.1%	-191.9%	-103.3%	-73.2%
Depreciation	0	0	0	0
Interest	0	0	0	0
	0	0	0	0
Profit before tax	0	-1	0	0
Tax	-0	0	0	0
Tax %	-293.8%	0%	0%	0%
	1	-1	0	0
PAT margin %	165.8%	-171%	20%	17.1%
EPS (₹)	2.1	-2.1	0.2	0.2
EPS adjusted (₹)	2.1	-2.6	0.2	—
Annual report	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	0	3	4	4	—
Reserves	3	1	3	3	—
	0	0	0	0	—
	0	0	0	0	9
Total equity & liabilities	3	4	8	8	9
	0	0	0	0	0
CWIP	—	—	—	—	—
Investments	2	2	2	2	2
	1	2	5	6	7
Total assets	3	4	8	8	9

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1	-2	-1	-0
	0	-2	1	0
	0	5	0	1
Net cash flow	1	0	-0	2
Free cash flow	1	-3	-1	-0
CFO / Operating profit %	850%	—	—	—

Compounded sales growth

7 years: —
5 years: —
3 years: 3%
1 year: 37%

Compounded profit growth

7 years: —
5 years: —
3 years: -52%
1 year: 17%

Return on equity

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

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Ratios

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

No ratio history

Ratios derive from annual statements, which haven't been ingested yet.

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Shareholding

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

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2024	Mar 2025	Sep 2025	Mar 2026
	71.53%	72.56%	72.56%	72.56%
FII	0%	0%	0%	0%
DII	0%	0%	0%	0%
Government	0%	0%	0%	0%
	28.47%	27.44%	27.44%	27.44%
No. of shareholders	268	240	237	208

Promoter holding up 1.03 percentage points since Sep 2024.

Amit Vijay JainChairman & Executive Director
Mihir Deepak VoraManaging Director
Mukeshkumar Devichand JainNon-Executive Director
Sumesh Ashok MishraNon-Executive Independent Director
Ayushi MishraNon-Executive Independent Director
Kush GuptaNon-Executive Independent Director
Mr. Ramraj Singh ThakurCompany 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 Sancode Technologies Ltd. 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.

No events on record

Corporate actions, results dates and filings will appear here once ingested.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

7 announcementsExport CSV

30 Sept 2026, 4:46 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

30 Sept 2026, 1:56 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

9 Sept 2026, 2:14 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

8 Sept 2026, 6:30 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

8 Sept 2026, 6:18 pmAGM/EGM

Sancode Technologies Ltd - 543897 - Notice Of Annual General Meeting Scheduled On 30Th September 2026

AGM PDF

7 Sept 2026, 5:34 pmCompany Update

Disclosure Under Regulation 30 For Outcome Of Board Meeting

General PDF

4 Sept 2026, 6:00 pmOthers

Board Meeting Outcome for For Meeting Held On 4Th September, 2026

Outcome without intimation PDF

Date	Category	Subject	Filing
30 Sept 2026, 4:46 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
30 Sept 2026, 1:56 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF

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Sancode Technologies Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

No ratio history

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

No events on record

Announcements

No events on record

No ratio history

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity