Sasken Technologies Limited (SASKEN)

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Sasken Technologies Limited (SASKEN) · mywealthgrid

About

Sasken Technologies operates in IT-enabled services. Market cap ₹2,996.53 Cr; recent quarters show ₹130–₹340 Cr revenue, ₹9–₹29 Cr net profit. Competitive standing within sector requires verification.

Face value: ₹10

Market cap

₹2,615 Cr

P/E

37.7×

P/B

3.1×

Dividend yield

1.5%

ROE

6.6%

ROCE

10%

Debt / equity

OPM

7.9%

EPS (TTM)

₹45.7

Book value

₹562.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

PE 43.21 elevated; validate earnings quality and whether reflects sustainable profitability or valuation expansion
ROE 6.57% is low; interrogate capital efficiency against peers
Operating margins swing sharply (5.87% to 16.86% recent quarters); determine if from segment mix, pricing pressure or inconsistency
EPS volatility (₹5.12 to ₹19 standalone) suggests concentration or execution risk; verify customer and contract diversity

Generated analysis · source review pending

Growth drivers

Dividend payouts Jul 2026, Nov 2025, Jul 2025 demonstrate cash generation; confirm sustainability from operations
Standalone quarters with OPM >16% (Jun, Mar 2026) outperform 7.94% average; verify if from sustained vertical or client mix improvement
Zero debt (D/E 0) enables growth investment without refinancing constraints; verify capex or M&A activity
One-year return 34.5% reflects investor interest; confirm whether from earnings recovery or valuation re-rating

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,720.5+3.7%1Y

Quick read

rule-based

Pros

+Profit CAGR of 122% over the last 5 years
+Revenue CAGR of 20.1% over the last 5 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 22×
+Dividend payout of 54.8% of profit

Cons

−Low return on equity of 7.9% (3-yr avg)
−Thin operating margin of 7.9%

Research score

Structured signal from quality, growth, valuation and momentum.

55/100

Business quality: 47
Growth: 74

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.

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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 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	483	469	503	504	492	445	434	447	406	551	1,113
COGS	—	—	—	0	0	0	0	0	0	0	235
Gross profit	—	—	—	—	—	—	—	—	—	—	878
	436	426	434	433	404	314	305	346	376	528	790
	47	43	69	71	88	131	129	101	31	23	88
OPM %	9.8%	9.2%	13.8%	14.1%	17.9%	29.3%	29.8%	22.6%	7.6%	4.2%	7.9%
Depreciation	7	6	6	7	11	10	7	7	7	14	39
Interest	0	0	—	0	1	0	0	0	0	3	4
	16	25	36	46	36	30	35	30	71	56	30
Profit before tax	290	82	100	111	112	149	158	124	94	62	76
Tax	83	9	17	20	33	35	30	24	15	12	17
Tax %	28.8%	10.5%	17.3%	18.2%	29.6%	23.4%	18.8%	19.5%	16.1%	18.6%	22.7%
	206	74	82	90	79	115	128	99	79	51	59
PAT margin %	42.7%	15.7%	16.4%	17.9%	16%	25.8%	29.6%	22.3%	19.4%	9.2%	5.3%
EPS (₹)	18.5	34.2	48.2	52.9	48.6	76.3	85.3	66.1	52.3	33.3	35.6
EPS adjusted (₹)	116.4	43.1	48.2	52.9	0.7	0.7	85.2	66.1	52.2	33.3	35.5
	37.9%	20.5%	20.8%	89.8%	41.2%	32.8%	29.3%	37.8%	47.8%	75.1%	70.2%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	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	Annual report for Mar 2026

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	18	17	17	17	15	15	15	15	15	15	15
Reserves	481	530	604	681	—	550	638	704	754	773	840
Minority interest	—	—	—	—	—	—	—	—	15	16	20
	—	—	—	—	—	0	0	0	0	0	0
	139	97	113	96	—	104	118	104	141	155	291
Total equity & liabilities	638	645	734	794	—	669	771	823	926	958	1,166
	40	38	37	40	44	34	34	39	58	76	353
CWIP	0	0	0	1	—	0	0	0	0	1	0
Investments	351	352	459	510	—	412	539	582	632	591	277
	246	255	237	243	—	222	198	202	236	290	536
Total assets	638	645	734	794	—	669	771	823	926	958	1,166

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Software Services	772.46	210.27	249.28	0	249.28	84.35
Product Solutions	340.7	27.49

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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 %	—	—	—	—	—	—	—	78.9%
EBITDA margin %	14.1%	17.9%	29.3%	29.8%	22.6%	7.6%	4.2%	7.9%
EBIT margin %	12.8%	15.6%	27.1%	28.2%	21%	5.7%	1.6%	4.4%
PAT margin %	17.9%	16%	25.8%	29.6%	22.3%	19.4%	9.2%	5.3%
Working capital
Receivable days	60	—	55	69	59	59	71	57
Inventory days	—	—	0	0	0	0	0	55
Payable days	—	—	16	19	12	16	11	53
NWC days	—	—	39	50	47	43	60	59
Leverage
Current ratio	2.97	—	2.5	1.63	2.26	1.57	3.38	2.17
Debt to EBITDA	—	—	0	0	0	0	0	0
Debt to equity	—	—	0	0	0	0	0	0
Interest coverage	—	158.7	319.1	3,158	952	285.2	23.4	22
Asset turnover	0.64	—	0.67	0.56	0.54	0.44	0.57	0.95
Return ratios
Return on assets %	11.4%	—	17.1%	16.6%	12.1%	8.5%	5.3%	5%
Return on capital employed %	16.6%	—	26.3%	25.6%	17.8%	12.3%	7.9%	10%
Return on equity %	13%	—	20.3%	19.6%	13.8%	10.2%	6.4%	6.9%

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
	43.38%	43.44%	43.25%	43.25%	43.11%	43.12%	43.07%	43.07%	43.08%	43.08%	42.96%	42.95%
	18.63%	18.52%	18.38%	18.38%	18.28%	18.48%	18.45%	18.48%	18.53%	18.87%	18.54%	19.11%
	0.33%	1.09%	1.1%	1.22%	1.31%	1.31%	1.21%	1.21%	1.21%	0.66%	1.05%	1.39%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0.05%	0.05%	0.05%	0.05%
	37.66%	36.95%	37.27%	37.15%	37.3%	37.09%	37.27%	37.24%	37.13%	37.34%	37.4%	36.5%
No. of shareholders	—	—	—	—	—	—	—	—	24,922	24,193	24,143	26,777

Promoter holding down 0.43 percentage points since Sep 2023.

4 disclosures

Person	Deal	Shares	Value	Holding	Filed
ANEES AHMED HAIDARYEmployees/Designated Employees	SellMarket Sale	10	₹15,084	0.00% → 0.00%	10 Sept 20257(2)
ARTI MODYPromoter Group	BuyMarket Purchase	1,350	₹19.6 L

28 deals · 4 Oct 2023 – 12 May 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
12 May 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	3,70,643	₹1,818.02	₹67.38 Cr
12 May 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	3,70,643	₹1,819.06	₹67.42 Cr
12 May 2026	QE SECURITIES LLP	Bulk	NSE	Buy	1,74,063	₹1,836.23	₹31.96 Cr
12 May 2026	IRAGE BROKING SERVICES LLP	Bulk	NSE	Buy	1,73,777	₹1,824.26	₹31.70 Cr
12 May 2026	QE SECURITIES LLP	Bulk	NSE	Sell	1,72,789	₹1,796.66	₹31.04 Cr
12 May 2026	BLITZQUANT RESEARCH LLP	Bulk	NSE	Sell	1,71,901	₹1,820.59	₹31.30 Cr
12 May 2026	BLITZQUANT RESEARCH LLP	Bulk	NSE	Buy	1,71,901	₹1,819.59	₹31.28 Cr
12 May 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Buy	1,49,389	₹1,806.92	₹26.99 Cr
12 May 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Sell	1,49,389	₹1,807.19	₹27.00 Cr
12 May 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	1,33,168	₹1,813.17	₹24.15 Cr

1–10 of 28

1 / 3

Mr. Rajiv C. ModyExecutive Director-Chairperson related to Promoter-CEO-MD
Mr. PriyaranjanChief Financial Officer
Ms. Meeta MalhotraNon-Executive - Independent Director
Mr. Pranabh D. ModyNon-Executive - Non Independent Director
Mr. Raja Ramana MachaNon-Executive - Independent Director
Mr. Som MittalNon-Executive - Independent Director
Mr. Sunil SachanNon-Executive - Independent Director
Mr. G. VenkateshNon-Executive - Non Independent Director
Mr. V. SuryanarayananNon - Executive Independent Director
Mr. Venkatasubramanian SuryanarayananNon-Executive - Independent Director
Mr. Paawan BhargavaCompany Secretary & Compliance Officer

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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.

Portfolio month

Schemes holding

across 1 fund houses

Held by these funds

of the company's equity

All mutual funds

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

1 schemes

		Shares
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	25	0	0.01%	0%	-0

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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.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

119 announcementsExport CSV

22 Sept 2026, 10:55 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	78.9%
EBITDA margin %	14.1%	17.9%	29.3%	29.8%	22.6%	7.6%	4.2%	7.9%
EBIT margin %	12.8%	15.6%	27.1%	28.2%	21%	5.7%	1.6%	4.4%
PAT margin %	17.9%	16%	25.8%	29.6%	22.3%	19.4%	9.2%	5.3%
Working capital
Receivable days	60	—	55	69	59	59	71	57
Inventory days	—	—	0	0	0	0	0	55
Payable days	—	—	16	19	12	16	11	53
NWC days	—	—	39	50	47	43	60	59
Leverage
Current ratio	2.97	—	2.5	1.63	2.26	1.57	3.38	2.17
Debt to EBITDA	—	—	0	0	0	0	0	0
Debt to equity	—	—	0	0	0	0	0	0
Interest coverage	—	158.7	319.1	3,158	952	285.2	23.4	22
Asset turnover	0.64	—	0.67	0.56	0.54	0.44	0.57	0.95
Return ratios
Return on assets %	11.4%	—	17.1%	16.6%	12.1%	8.5%	5.3%	5%
Return on capital employed %	16.6%	—	26.3%	25.6%	17.8%	12.3%	7.9%	10%
Return on equity %	13%	—	20.3%	19.6%	13.8%	10.2%	6.4%	6.9%

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

Date	Category	Subject	Filing
22 Sept 2026, 10:55 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
22 Sept 2026, 10:35 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
16 Sept 2026, 2:28 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
10 Sept 2026, 5:58 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
8 Sept 2026, 10:45 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
3 Sept 2026, 5:41 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
28 Aug 2026, 10:13 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
18 Aug 2026, 12:50 am	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	249	28	79	20	112	119	107	71	59	-57	-23
	-81	19	-56	-25	173	-97	-69	-27	7	83	92
	-174	-31	-18	-18	-282	-17	-39	-37	-39	-46	-49
Net cash flow	-5	16	5	-23	3	6	-1	7	27	-20	21
Free cash flow	245	24	73	11	97	117	101	64	52	-67	-36
CFO / Operating profit %	527.9%	64.4%	113.8%	28.1%	127.2%	91.4%	82.9%	70.9%	193.4%	-249.6%	-25.8%

Sasken Technologies Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

43

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Product Solutions · revenue

Sasken Technologies Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Annual reports

Dividends43

Board meetings1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Product Solutions · revenue

43

1