KSOLVES

Ksolves India Limited

IT services company with niche technology practices in Big Data, AI/ML and Salesforce

Information Technology›Information Technology›IT - Software›Computers - Software & Consulting

ksolves.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹255.63
Market cap
607 Cr
Stock P/E
16.3
P/B
20.61
Dividend yield
4.3%
ROE (FY26)
116.8%
ROCE (FY26)
148.9%
Operating margin (FY26)
27.7%
Debt / equity (FY26)
0.05
OCF / EBITDA (FY26)
63.7%
OCF / EBITDA (3Y)
68.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Ksolves (Ksolves India) is an IT services company that builds and supports data and software systems for mostly overseas enterprise clients, in niche areas such as Big Data, AI, Salesforce and Odoo ERP (enterprise resource planning software).

Company snapshot

34thBy market cap

Ranked among 50 companies in Computers - Software & Consulting.

What we see

Positives
  • ✓Net margin of 21.1% — the business keeps a healthy share of every rupee it earns.
4 more signals from the filings.Sign in free to see them all

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

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales26 Cr28 Cr30 Cr32 Cr35 Cr38 Cr33 Cr38 Cr40 Cr42 Cr43 Cr41 Cr
Operating expenses (approx.)15 Cr16 Cr17 Cr20 Cr22 Cr24 Cr25 Cr28 Cr28 Cr29 Cr30 Cr29 Cr
EBITDA11 Cr12 Cr13 Cr12 Cr13 Cr14 Cr9 Cr10 Cr12 Cr14 Cr13 Cr13 Cr
OPM %43.2%42.3%42.5%38.1%38.0%37.3%25.6%26.4%30.4%32.4%29.3%30.3%
Other income0.10 Cr0.12 Cr0.05 Cr0.10 Cr0.11 Cr0.08 Cr0.16 Cr0.10 Cr0.14 Cr0.16 Cr0.44 Cr0.67 Cr
Interest0 Cr0 Cr0 Cr0 Cr0.09 Cr0.05 Cr0.14 Cr0.26 Cr0.16 Cr0.21 Cr0.23 Cr0.21 Cr
Depreciation0.18 Cr0.26 Cr0.28 Cr0.30 Cr0.65 Cr0.51 Cr0.76 Cr0.77 Cr0.79 Cr0.78 Cr0.85 Cr0.86 Cr
Profit before tax11 Cr12 Cr13 Cr12 Cr13 Cr14 Cr8 Cr9 Cr11 Cr13 Cr12 Cr12 Cr
Tax %26.2%24.8%26.0%24.2%27.0%24.1%24.9%28.7%25.4%23.9%19.0%24.3%
Net profit8 Cr9 Cr9 Cr9 Cr9 Cr10 Cr6 Cr6 Cr8 Cr10 Cr10 Cr9 Cr
EPS (₹)₹6.94₹7.54₹7.93₹7.55₹7.75₹8.70₹2.47₹2.71₹3.55₹4.13₹4.09₹3.88

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2020Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales10 Cr78 Cr109 Cr137 Cr163 CrSign in free for the trailing twelve months
Operating expenses (approx.)9 Cr45 Cr62 Cr90 Cr114 CrSign in free for the trailing twelve months
EBITDA1 Cr33 Cr46 Cr48 Cr48 CrSign in free for the trailing twelve months
OPM %11.8%42.0%42.7%34.8%29.7%Sign in free for the trailing twelve months
Other income0.0041 Cr0.63 Cr0.34 Cr0.45 Cr0.83 CrSign in free for the trailing twelve months
Interest0.0044 Cr0 Cr0 Cr0.28 Cr0.86 CrSign in free for the trailing twelve months
Depreciation0.29 Cr0.55 Cr0.87 Cr2 Cr3 CrSign in free for the trailing twelve months
Profit before tax0.91 Cr33 Cr46 Cr46 Cr45 CrSign in free for the trailing twelve months
Tax %25.1%24.9%25.5%25.1%23.9%Sign in free for the trailing twelve months
Net profit0.68 Cr25 Cr34 Cr34 Cr34 CrSign in free for the trailing twelve months
EPS (₹)—₹20.85₹28.81₹14.47₹14.48Sign in free for the trailing twelve months
Dividend payout %—76.1%95.5%107.1%76.0%Sign in free for the trailing twelve months
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

MetricMar 2020Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital0.02 Cr12 Cr12 Cr12 Cr12 Cr
Reserves0.86 Cr11 Cr12 Cr9 Cr18 Cr
Borrowings0.11 Cr——9 Cr2 Cr
Other liabilities1 Cr12 Cr16 Cr27 Cr31 Cr
Total liabilities2 Cr34 Cr40 Cr56 Cr62 Cr
Fixed assets (net)1 Cr1 Cr2 Cr2 Cr2 Cr
CWIP—0 Cr0.06 Cr0 Cr0 Cr
Investments0.01 Cr0 Cr0 Cr0 Cr0 Cr
Trade receivables—15 Cr16 Cr21 Cr31 Cr
Cash & bank0.06 Cr9 Cr7 Cr10 Cr7 Cr
Other assets0.91 Cr9 Cr14 Cr22 Cr22 Cr
Total assets2 Cr34 Cr40 Cr56 Cr62 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2020Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity1 Cr21 Cr33 Cr34 Cr31 Cr
Cash from investing-0.78 Cr-0.23 Cr-2 Cr-8 Cr-0.79 Cr
Cash from financing-0.37 Cr-19 Cr-33 Cr-23 Cr-33 Cr
Net cash flow-0.03 Cr2 Cr-1 Cr3 Cr-4 Cr
Free cash flow (OCF − Capex)0.50 Cr20 Cr31 Cr27 Cr29 Cr

Ratios

MetricMar 2020Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %92.8%147.1%192.5%154.9%148.9%
ROE %77.6%110.4%143.3%165.4%116.8%
Debtor days—70545669
Inventory days—0000
Days payable92111
Cash conversion cycle-968535568
OCF / EBITDA %93.1%63.0%71.6%71.3%63.7%
OCF / EBITDA % (3 years)———69.3%68.8%
Debt / equity0.120.00—0.430.05
Current ratio—3.102.641.692.40
Net debt / EBITDA0.04-0.26-0.16-0.03-0.11