INSPIRISYS
Inspirisys Solutions Limited
IT-enabled services company with Systems Integration, Services, and Warranty Management Services
Information Technology›Information Technology›IT - Services›IT Enabled Services
inspirisys.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
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What you need to know
Inspirisys is a Chennai-based IT services company that earns revenue from three segments: Systems Integration, Services and Warranty Management Services, with Services the largest.
Company snapshot
39thBy market cap
Ranked among 56 companies in IT Enabled Services.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 81.1% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Services | 81.1% | 217 Cr | 28 Cr | — |
| Systems Integfration | 16.8% | 45 Cr | -0.80 Cr | — |
| Training | — | 0 Cr | 0 Cr | — |
| Unallocated | — | 0 Cr | 0 Cr | — |
| Warranty Management Services | 2.1% | 6 Cr | 1 Cr | — |
What we see
- ✓Return on equity of 40.9% — the company generates strong returns on shareholders' money.
- ✗Only 35% of operating profit came in as cash over the last three years — much of it is tied up in unpaid bills or stock.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 184 Cr | 122 Cr | 99 Cr | 104 Cr | 84 Cr | 80 Cr | 120 Cr | 85 Cr | 120 Cr | 130 Cr | 142 Cr | 107 Cr |
| Operating expenses (approx.) | 172 Cr | 114 Cr | 93 Cr | 98 Cr | 78 Cr | 75 Cr | 109 Cr | 76 Cr | 108 Cr | 121 Cr | 131 Cr | 101 Cr |
| EBITDA | 12 Cr | 7 Cr | 6 Cr | 6 Cr | 6 Cr | 5 Cr | 11 Cr | 9 Cr | 12 Cr | 9 Cr | 11 Cr | 6 Cr |
| OPM % | 6.3% | 6.0% | 5.9% | 5.7% | 6.9% | 5.9% | 9.4% | 10.1% | 10.2% | 6.8% | 7.7% | 6.0% |
| Other income | 0.46 Cr | 0.78 Cr | 2 Cr | 1 Cr | 2 Cr | 0.70 Cr | 5 Cr | 2 Cr | 2 Cr | 2 Cr | 5 Cr | 3 Cr |
| Interest | 3 Cr | 2 Cr | 3 Cr | 2 Cr | 3 Cr | 2 Cr | 2 Cr | 1 Cr | 2 Cr | 2 Cr | 3 Cr | 2 Cr |
| Depreciation | 1 Cr | 0.87 Cr | 1 Cr | 1 Cr | 0.70 Cr | 0.91 Cr | 3 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr |
| Profit before tax | 1 Cr | 5 Cr | 5 Cr | 4 Cr | 5 Cr | 3 Cr | 17 Cr | 8 Cr | 12 Cr | 6 Cr | 12 Cr | 6 Cr |
| Tax % | 135.8% | 24.5% | 20.6% | 29.5% | 19.8% | -364.8% | 29.2% | 24.0% | 36.3% | -234.9% | 24.7% | 31.1% |
| Net profit | -0.44 Cr | 4 Cr | 4 Cr | 2 Cr | 4 Cr | 13 Cr | 12 Cr | 6 Cr | 7 Cr | 19 Cr | 9 Cr | 4 Cr |
| EPS (₹) | ₹-0.11 | ₹0.90 | ₹0.95 | ₹0.63 | ₹0.95 | ₹3.34 | ₹3.10 | ₹1.54 | ₹1.87 | ₹4.71 | ₹2.21 | ₹1.03 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 494 Cr | 511 Cr | 546 Cr | 458 Cr | 404 Cr | 342 Cr | 390 Cr | 490 Cr | 388 Cr | 476 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 495 Cr | 506 Cr | 527 Cr | 441 Cr | 393 Cr | 345 Cr | 377 Cr | 459 Cr | 360 Cr | 435 Cr | Sign in free for the trailing twelve months |
| EBITDA | -0.48 Cr | 5 Cr | 19 Cr | 18 Cr | 10 Cr | -3 Cr | 13 Cr | 32 Cr | 28 Cr | 41 Cr | Sign in free for the trailing twelve months |
| OPM % | -0.1% | 1.0% | 3.6% | 3.9% | 2.6% | -0.9% | 3.4% | 6.5% | 7.2% | 8.5% | Sign in free for the trailing twelve months |
| Other income | 2 Cr | 7 Cr | 8 Cr | 10 Cr | 5 Cr | 5 Cr | 5 Cr | 4 Cr | 9 Cr | 11 Cr | Sign in free for the trailing twelve months |
| Interest | 25 Cr | 19 Cr | 18 Cr | 14 Cr | 10 Cr | 8 Cr | 11 Cr | 11 Cr | 9 Cr | 8 Cr | Sign in free for the trailing twelve months |
| Depreciation | 10 Cr | 8 Cr | 5 Cr | 8 Cr | 7 Cr | 5 Cr | 6 Cr | 5 Cr | 5 Cr | 5 Cr | Sign in free for the trailing twelve months |
| Profit before tax | -35 Cr | 25 Cr | 4 Cr | 6 Cr | -0.94 Cr | -12 Cr | 2 Cr | 9 Cr | 28 Cr | 37 Cr | Sign in free for the trailing twelve months |
| Tax % | — | 52.5% | 83.5% | 56.4% | -204.3% | -14.7% | 261.8% | 57.5% | -11.7% | -11.0% | Sign in free for the trailing twelve months |
| Net profit | -14 Cr | 12 Cr | 0.67 Cr | 2 Cr | -3 Cr | -13 Cr | -3 Cr | 4 Cr | 32 Cr | 41 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹-4.79 | ₹4.06 | ₹0.22 | ₹0.63 | ₹-0.72 | ₹-3.37 | ₹-0.64 | ₹0.92 | ₹8.01 | ₹10.35 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 30 Cr | 30 Cr | 34 Cr | 40 Cr | 40 Cr | 40 Cr | 40 Cr | 40 Cr | 40 Cr | 40 Cr |
| Reserves | -78 Cr | -67 Cr | -46 Cr | -22 Cr | -24 Cr | -39 Cr | -48 Cr | -10 Cr | 19 Cr | 61 Cr |
| Borrowings | 249 Cr | 182 Cr | 176 Cr | 130 Cr | 36 Cr | 105 Cr | 103 Cr | 87 Cr | 80 Cr | 79 Cr |
| Other liabilities | 171 Cr | 138 Cr | 206 Cr | 159 Cr | 196 Cr | 94 Cr | 118 Cr | 146 Cr | 129 Cr | 180 Cr |
| Total liabilities | 399 Cr | 283 Cr | 370 Cr | 307 Cr | 247 Cr | 200 Cr | 212 Cr | 263 Cr | 267 Cr | 359 Cr |
| Fixed assets (net) | 14 Cr | 7 Cr | 5 Cr | 6 Cr | 6 Cr | 5 Cr | 5 Cr | 5 Cr | 4 Cr | 3 Cr |
| CWIP | — | — | 0 Cr | 2 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 2 Cr | — |
| Investments | — | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 44 Cr | 87 Cr |
| Inventories | 38 Cr | 15 Cr | 13 Cr | 10 Cr | 6 Cr | 4 Cr | 4 Cr | 4 Cr | 3 Cr | 3 Cr |
| Trade receivables | 166 Cr | 126 Cr | 206 Cr | 133 Cr | 94 Cr | 65 Cr | 83 Cr | 98 Cr | 85 Cr | 138 Cr |
| Cash & bank | 47 Cr | 9 Cr | 12 Cr | 15 Cr | 31 Cr | 22 Cr | 31 Cr | 48 Cr | 26 Cr | 8 Cr |
| Other assets | 133 Cr | 126 Cr | 135 Cr | 141 Cr | 111 Cr | 104 Cr | 90 Cr | 109 Cr | 104 Cr | 120 Cr |
| Total assets | 399 Cr | 283 Cr | 370 Cr | 307 Cr | 247 Cr | 200 Cr | 212 Cr | 263 Cr | 267 Cr | 359 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 8 Cr | 49 Cr | 0.39 Cr | 42 Cr | 79 Cr | -7 Cr | 18 Cr | -27 Cr | 39 Cr | 23 Cr |
| Cash from investing | -8 Cr | 5 Cr | 3 Cr | -3 Cr | -4 Cr | -2 Cr | 0.29 Cr | -13 Cr | -46 Cr | -32 Cr |
| Cash from financing | 16 Cr | -93 Cr | 0.69 Cr | -36 Cr | -60 Cr | 0 Cr | -11 Cr | 57 Cr | -15 Cr | -7 Cr |
| Net cash flow | 16 Cr | -39 Cr | 4 Cr | 3 Cr | 15 Cr | -9 Cr | 9 Cr | 17 Cr | -22 Cr | -17 Cr |
| Free cash flow (OCF − Capex) | 0.62 Cr | 43 Cr | -1 Cr | 37 Cr | 75 Cr | -9 Cr | 16 Cr | -31 Cr | 36 Cr | 22 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | — | 9.0% | 13.3% | 17.5% | -3.0% | 7.9% | 16.5% | 26.9% | 24.9% |
| ROE % | — | — | — | 13.7% | -18.7% | -1688.6% | — | 12.5% | 54.2% | 40.9% |
| Debtor days | 123 | 89 | 137 | 106 | 85 | 69 | 78 | 73 | 80 | 106 |
| Inventory days | 7359 | 1007 | 3166 | 1616 | 3104 | 1740 | 33124 | 3 | 3 | 2 |
| Days payable | 13156 | 4237 | 27426 | 9268 | 30862 | 10848 | 435799 | 46 | 40 | 76 |
| Cash conversion cycle | -5674 | -3140 | -24123 | -7546 | -27673 | -9039 | -402597 | 30 | 42 | 32 |
| OCF / EBITDA % | — | n.m. | 2.0% | 239.3% | n.m. | — | 139.1% | -84.3% | 139.2% | 56.4% |
| OCF / EBITDA % (3 years) | — | — | n.m. | n.m. | 255.8% | n.m. | n.m. | -38.2% | 41.3% | 34.6% |
| Debt / equity | — | — | — | 7.37 | 2.35 | 132.66 | — | 2.98 | 1.36 | 0.79 |
| Current ratio | 0.86 | 0.68 | 0.88 | 0.95 | 0.80 | 0.72 | 0.75 | 0.90 | 1.72 | 1.67 |
| Net debt / EBITDA | — | — | 8.41 | 6.47 | 0.49 | — | 5.49 | 1.24 | 1.95 | 1.74 |