Odigma Consultancy Solutions Limited — financial distress indicators
Financial-health summary
Odigma Consultancy Solutions Limited's reported numbers place it in the 'Watch' financial-health band (distress score 41/100). The main indicators are cash runway under 12 months, operations consume cash and ohlson o-score signals likely failure. Independently, the Ohlson accounting model puts its 1-year failure probability at 68%. In its favour: strong current ratio (4.89).
Stress by dimension
Share price — last 12 months
Indicators behind the score
Each red flag shows the evidence from the company’s own filings and the financial or legal principle behind it. Points add to the 0–100 score.
At the current free-cash-flow burn, cash covers ~1 months.
Going-concern standard: management must assess ability to continue for 12 months (Ind AS 1 ¶25–26). Runway below that horizon forces dilution, asset sales or default.
Operating cash flow negative in 2 of the last 3 years.
A business that cannot fund itself from operations depends on external capital to survive.
O-score 0.76 → model probability 68%.
Ohlson (1980) logit model of 1-year corporate failure; O > 0 (p > 50%) is the original failure cut-off.
Price is -63% from its 52-week high.
For financial firms a share-price run often precedes a deposit or funding run (confidence channel).
Revenue vs net income
Cash generation
Debt vs cash vs equity
✅ Mitigating factors
- Strong current ratio (4.89).
- High insider/promoter ownership (57%) aligns management with survival.
📰 Recent news scan
- Odigma Consultancy Solutions (ODIGMA.NS) Eases to ₹20.75 as Stock Hovers Near Support - Virgin POC - https://www.siam.in/Google News · 2026-10-07
- Odigma Consultancy Solutions Ltd Peer Comparison – Compare with Others - Value ResearchGoogle News · 2026-09-04
- Odigma Consultancy Solutions Ltd Shareholding Pattern – Promoters, FIIs & DIIs - Value ResearchGoogle News · 2026-08-31
- Odigma Consulta Standalone June 2026 Net Sales at Rs 12.32 crore, up 87.53% Y-o-Y - Moneycontrol.comGoogle News · 2026-08-10
- Odigma Consultancy Solutions Share Price Forecast to 2030 - UnivestGoogle News · 2026-07-22
- Odigma Consultancy Solutions Responds to Stock Exchange Clarification on Share Price Movement - scanx.tradeGoogle News · 2026-04-14
⚖️ Indian legal pathway — the IBC, 2016
How insolvency starts
- A financial creditor (§7), an operational creditor after a demand notice (§§8–9) or the company itself (§10) can apply to the NCLT once a default of at least ₹1 crore occurs (§4).
- On admission a moratorium (§14) stops suits and recovery; the board is suspended and an insolvency professional runs the company.
- The Committee of Creditors approves a resolution plan with 66% of voting share (§30(4)) within an outer limit of 330 days (§12); otherwise liquidation (§33) under the §53 waterfall — equity ranks last. Defaulting promoters are generally barred from bidding (§29A).
Earlier warning stages
- RBI's Prudential Framework for Resolution of Stressed Assets (7 June 2019): lenders must review a borrower within 30 days of default and implement a resolution plan, or provide more.
- Listed companies must disclose loan defaults to exchanges under SEBI (LODR); a rating downgrade to “D” is a public signal.
- Auditors must report going-concern uncertainty (SA 570 / Ind AS 1).
Frequently asked questions
What do Odigma Consultancy Solutions Limited's financial-health indicators show?
As of 2026-10-09, Odigma Consultancy Solutions Limited's public financial data places it in the 'Watch' band with a distress score of 41/100, driven by cash runway under 12 months, operations consume cash and ohlson o-score signals likely failure. This is a statistical screen of reported numbers — it does not mean the company is insolvent, has defaulted or will enter insolvency proceedings.
What is Odigma Consultancy Solutions Limited's financial distress score?
41/100 ('Watch'). Ohlson O-score 0.76 (model 1-year failure probability 68%).
What works in Odigma Consultancy Solutions Limited's favour?
Strong current ratio (4.89). High insider/promoter ownership (57%) aligns management with survival.
How are shareholders treated if a company enters insolvency?
Under the IBC the Committee of Creditors controls the resolution; the §53 waterfall pays secured creditors and workers first and equity last. In most resolution plans existing shareholders are wiped out or left with a token stake, and the company may be delisted.
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Methodology
Score = capped sum of rule-based red flags across seven dimensions (liquidity, solvency, profitability, cash flow, sales trend, market signal, news). Ohlson O-score (1980) gives an accounting-based 1-year failure probability; Merton distance-to-default (Bharath & Shumway 2008) gives a market-implied probability. Financial institutions use a capital-based rule set. Recalculated every trading day from the latest filings, prices and news.