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SESHAASAI TECHNOLOGIES L STYL NSETECH

Technology · Software - Infrastructure · India
https://seshaasai.com

Seshaasai Technologies Limited provides payment, communications and fulfilment, and IoT solutions in India. The company offers smart cards comprising banking, smart ID payment, contact-based, multi-utility contactless, transit, prepaid, access and control payment, and NFT token cards; metal and high-tech payment cards; merchant QR solutions; payment form factor products, such as wrist bands, key fobs and chains, watch straps, payment stickers and bracelets, and custom packaging kits; and secure banking instruments, including personalised cheque books, demand drafts and payment orders, passbooks, and customer communication products. It also provides print communication products consisting of statements, policy documents, business communication documents, utility bills, and loyalty campaigns, as well as direct mail, including brochures, postcards, and packages. In addition, the company offers radio frequency identification (RFID) solutions; RFID components, such as RFID inlays, RFID tags and labels, RFID automation, software integration, and handheld readers; RFID tunnels and antennas; RFID for the banking, financial, and insurance sector; and RFID active tracking, as well as eSIMs and SIM cards. Further, it provides various platforms comprising RUBIC, a customer communication platform; eTaTrak for integrated deliverables and logistics management; IOMS, an inventory and order management system; and izeIOT for connected products over the cloud. The company serves the banking, financial services, insurance, government, retail, supply chain and manufacturing, health and pharma, and renewable energy industries. Seshaasai Technologies Limited was incorporated in 1993 and is based in Mumbai, India.

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₹262.19
-36.28% 1Y

Market & Price

Market Cap
₹4,242.39 Cr
Current Price
₹262.19
High / Low (52W)
₹429.25 / ₹213.13
Beta
-

Valuation

Stock P/E
16.98
Industry PE
25.13
Forward P/E
-
PEG Ratio
-
Book Value
₹85.59
Price to Book
3.06
P/S
2.94
EV/EBITDA
10.29
Dividend Yield
-

Profitability & Returns

ROCE
23.40%
ROE
23.24%
ROA
14.82%
Profit Margin
16.65%
Op Margin
26.89%
EPS (Latest Qtr)
₹5.06
EPS (TTM)
₹15.44

Balance Sheet & Liquidity

Debt/Equity
0.06
Quick Ratio
4.31
Current Ratio
5.86
Debt
₹83.64 Cr
Total Assets
₹1,667.23 Cr
Current Assets
₹1,013.95 Cr
Working Capital
₹841.02 Cr

Ownership

Promoter Holding
85.87%
Chg in Prom Hold
-
FII / Inst Holding
5.39%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹3,905.51 Cr
Total Revenue (TTM)
₹1,441.14 Cr
EBITDA
₹379.51 Cr
Free Cash Flow
₹14.02 Cr
Operating Cash Flow
₹220.38 Cr
Shares Outstanding
₹16.18 Cr
Gross Margin
40.94%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
7.94%
Profit 5Y
30.46%
Revenue (YoY)
9.60%
Earnings (YoY)
18.50%

PROS

  • Strong return on equity of 23.2%.
  • Healthy ROCE of 23.4%.
  • Profit CAGR of 30.5% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 38.9% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 STYL SESHAASAI TECHNOLOGIES L NSETECH 262.19 16.98 ₹4,242.39 Cr - 23.40% 23.24% 7.94% 30.46%
2 TCS Tata Consultancy Services Limited NIFTY50NSEAITECH 2,258.90 16.61 ₹8.17 L Cr 5.49% 54.93% 48.40% 5.80% 5.30%
3 INFY Infosys Limited NIFTY50NSEAITECH 1,160.90 15.01 ₹4.70 L Cr 4.31% 41.66% 31.44% 3.44% 3.58%
4 HCLTECH HCL Technologies Limited NIFTY50NSEAITECH 1,183.80 19.31 ₹3.20 L Cr 8.11% 27.21% 23.36% 8.65% 3.87%
5 WIPRO Wipro Limited NIFTY50NSEAITECH 204.25 16.26 ₹2.14 L Cr 8.32% 18.42% 15.49% 4.05% 2.44%
6 TECHM Tech Mahindra Limited NIFTY50NSEAITECH 1,483.90 27.40 ₹1.31 L Cr 3.44% 20.60% 16.61% 2.16% -0.14%
7 LTM LTM Limited NSETECH 4,061.60 24.04 ₹1.20 L Cr 1.85% 25.39% 21.29% 8.43% 4.41%
8 LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH 1,523.90 61.35 ₹1.03 L Cr - 27.64% 24.72% 0.98% -
9 WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH 3,140.80 27.70 ₹90,345.53 Cr 0.13% 24.21% 31.57% 71.63% 191.18%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Sep 2025Dec 2025Mar 2026
Revenue -339.42 Cr368.83 Cr352.34 Cr373.75 Cr404.18 Cr
Cost of Revenue -212.43 Cr221.66 Cr207.38 Cr222.44 Cr233.87 Cr
Gross Profit -126.99 Cr147.16 Cr144.97 Cr151.31 Cr170.31 Cr
Operating Expenses -60.30 Cr59.09 Cr62.54 Cr67.52 Cr61.62 Cr
Operating Income -66.68 Cr88.08 Cr82.42 Cr83.80 Cr108.68 Cr
EBITDA -80.63 Cr101.42 Cr95.11 Cr100.45 Cr124.52 Cr
Interest Expense -8.15 Cr9.11 Cr7.50 Cr2.36 Cr2.91 Cr
Pretax Income -61.80 Cr82.26 Cr76.00 Cr86.26 Cr111.86 Cr
Tax Provision -8.11 Cr19.28 Cr18.47 Cr22.34 Cr29.99 Cr
Net Income -53.70 Cr62.98 Cr57.64 Cr64.09 Cr81.79 Cr
Diluted EPS -3.593.893.853.965.06

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -1,145.85 Cr1,557.37 Cr1,463.15 Cr1,441.13 Cr
Cost of Revenue -790.55 Cr1,040.26 Cr911.60 Cr851.13 Cr
Gross Profit -355.30 Cr517.11 Cr551.55 Cr590.01 Cr
Operating Expenses -179.64 Cr254.97 Cr232.81 Cr254.71 Cr
Operating Income -175.66 Cr262.14 Cr318.74 Cr335.30 Cr
EBITDA -202.21 Cr300.41 Cr370.37 Cr393.84 Cr
Interest Expense -26.78 Cr31.57 Cr34.30 Cr20.88 Cr
Pretax Income -143.14 Cr233.00 Cr294.91 Cr328.74 Cr
Tax Provision -35.04 Cr63.72 Cr72.59 Cr88.93 Cr
Net Income -108.10 Cr169.28 Cr222.32 Cr240.01 Cr
Diluted EPS -6.6810.4613.7415.45

Compounded Sales Growth

5 Years:7.94%
1 Year:9.60%

Compounded Profit Growth

5 Years:30.46%
1 Year:18.50%

Stock Price Performance

1 Year:-36.28%
6 Months:-13.54%
3 Months:+10.08%
1 Month:+7.68%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -782.54 Cr958.41 Cr1,160.39 Cr1,667.23 Cr
Current Assets -443.64 Cr531.27 Cr635.64 Cr1,013.95 Cr
Cash & Equivalents -21.54 Cr78.14 Cr99.02 Cr187.60 Cr
Inventory -133.25 Cr157.66 Cr152.21 Cr188.24 Cr
Receivables -220.79 Cr220.69 Cr292.23 Cr329.03 Cr
Total Liabilities -492.43 Cr524.36 Cr522.25 Cr241.26 Cr
Current Liabilities -346.36 Cr357.84 Cr357.27 Cr172.93 Cr
Long Term Debt -106.43 Cr131.99 Cr133.37 Cr46.57 Cr
Total Debt -311.99 Cr350.24 Cr378.68 Cr83.64 Cr
Total Equity -290.11 Cr434.05 Cr638.14 Cr1,426.28 Cr
Shares Outstanding -16.18 Cr16.18 Cr16.18 Cr16.18 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -50.07 Cr199.59 Cr167.19 Cr220.38 Cr
Investing Cash Flow --71.31 Cr-111.14 Cr-113.22 Cr-374.06 Cr
Financing Cash Flow -38.70 Cr-31.85 Cr-34.03 Cr243.48 Cr
Capital Expenditure ---20.36 Cr--
Free Cash Flow -50.07 Cr179.23 Cr167.19 Cr220.38 Cr
Net Change in Cash -17.46 Cr56.60 Cr19.94 Cr89.80 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -31.0%33.2%37.7%40.9%
Operating Margin % -15.3%16.8%21.8%23.3%
Net Margin % -9.4%10.9%15.2%16.7%
ROE % -37.3%39.0%34.8%16.8%
ROCE % -40.3%43.6%39.7%22.4%

Shareholding Pattern

Insiders
85.87%
Institutions
5.39%
Public Float
38.18%

Analyst View

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