Capillary Technologies India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Virtually debt-free
- ✓Near 52-week low — potential value zone (₹463)
Concerns
- ✗Low capital efficiency (ROCE 3.6%)
- ✗Premium to sector peers (P/E 132x vs industry 41x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,207 | ₹8.2L Cr | 15.3 | 7.46 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,052 | ₹4.4L Cr | 14.8 | 4.59 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,237 | ₹3.3L Cr | 18 | 4.47 | 24 | 30.6 | 0.07 |
| WIPRO Wipro Limited | ₹174 | ₹1.7L Cr | 13.2 | 2.08 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,558 | ₹1.5L Cr | 29 | 5.16 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹3,973 | ₹1.2L Cr | 21.6 | 4.9 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹10,777 | ₹1.0L Cr | 38.8 | 11.99 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Latest News
All news →Capillary grants stock options to employees.
*Capillary grants stock options to employees.* The company has issued stock options under its 2021 Employee Stock Option Scheme. This move aims to retain and incentivize key talent. No financial impact is expected in the near term. 📊 *STOCKS:* CAPILLARY | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #StockOptions
Capillary Technologies posts impressive earnings, but concerns linger
*Capillary Technologies posts impressive earnings, but concerns linger.* Revenue grew **18% YoY** with a net profit margin of **12%**, beating analyst estimates. However, high customer acquisition costs and slowing SaaS growth raise sustainability concerns. Valuation appears stretched at **₹2,800 crore** market cap despite strong numbers. 📊 *STOCKS:* CAPILLARY | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #Earnings
Capillary Technologies acquires SessionM from Mastercard for $20M
*Capillary Technologies India Limited has entered into a definitive agreement to acquire SessionM, Inc. from Mastercard Incorporated for **$20 million**.* This acquisition strengthens Capillary's customer engagement and loyalty management platform capabilities. The deal represents a strategic move to expand its product portfolio in the MarTech space. 📊 *SECTOR:* IT/Software | #MEDIUMIMPACT #Acquisition
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue | ₹191 Cr ▲3.8% | ₹184 Cr ▲2.8% | ₹179 Cr ▲17.8% | ₹152 Cr ▼4.4% | ₹159 Cr |
| Op. Profit | ₹31 Cr ▲24.0% | ₹25 Cr ▲31.6% | ₹19 Cr ▼32.1% | ₹28 Cr ▲21.7% | ₹23 Cr |
| OPM | 16.0% ▲14.3% | 14.0% ▲40.0% | 10.0% ▼44.4% | 18.0% ▲28.6% | 14.0% |
| Net Profit | ₹43 Cr ▲437.5% | ₹8 Cr | ₹0 Cr ▼100.0% | ₹10 Cr ▲0.0% | ₹10 Cr |
| EPS (₹) | 5.46 ▲440.6% | 1.01 ▲2425.0% | 0.04 ▼97.0% | 1.34 ▼4.3% | 1.4 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue | ₹735 Cr ▲22.9% | ₹598 Cr ▲13.9% | ₹525 Cr ▲62.5% | ₹323 Cr ▲44.8% | ₹223 Cr ▲30.4% | ₹171 Cr |
| Expenses | ₹642 Cr ▲20.5% | ₹533 Cr ▼0.7% | ₹537 Cr ▲38.8% | ₹387 Cr ▲41.2% | ₹274 Cr ▲48.9% | ₹184 Cr |
| Op. Profit | ₹93 Cr ▲43.1% | ₹65 Cr ▲641.7% | ₹-12 Cr ▲81.3% | ₹-64 Cr ▼25.5% | ₹-51 Cr ▼292.3% | ₹-13 Cr |
| OPM | 13.0% ▲18.2% | 11.0% ▲650.0% | -2.0% ▲90.0% | -20.0% ▲13.0% | -23.0% ▼228.6% | -7.0% |
| Other Income | ₹39 Cr ▲200.0% | ₹13 Cr ▼40.9% | ₹22 Cr ▲0.0% | ₹22 Cr ▲246.7% | ₹-15 Cr ▼250.0% | ₹10 Cr |
| Interest | ₹5 Cr ▼37.5% | ₹8 Cr ▼55.6% | ₹18 Cr ▲63.6% | ₹11 Cr ▲22.2% | ₹9 Cr ▲350.0% | ₹2 Cr |
| Depreciation | ₹75 Cr ▲25.0% | ₹60 Cr ▲7.1% | ₹56 Cr ▲40.0% | ₹40 Cr ▲37.9% | ₹29 Cr ▲61.1% | ₹18 Cr |
| PBT | ₹51 Cr ▲410.0% | ₹10 Cr ▲115.6% | ₹-64 Cr ▲31.2% | ₹-93 Cr ▲9.7% | ₹-103 Cr ▼347.8% | ₹-23 Cr |
| Tax % | -2.0% ▲94.3% | -35.0% ▼218.2% | -11.0% ▼120.0% | -5.0% ▼150.0% | -2.0% ▼300.0% | 1.0% |
| Net Profit | ₹52 Cr ▲300.0% | ₹13 Cr ▲122.8% | ₹-57 Cr ▲35.2% | ₹-88 Cr ▲12.9% | ₹-101 Cr ▼339.1% | ₹-23 Cr |
| EPS (₹) | 6.6 ▲264.6% | 1.81 ▲123.3% | -7.78 ▲53.1% | -16.58 ▲17.8% | -20.16 ▲79.4% | -97.84 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|---|
| Liabilities | |||||||
| Equity Capital | ₹16 Cr ▲6.7% | ₹15 Cr ▲0.0% | ₹15 Cr ▲0.0% | ₹15 Cr ▲36.4% | ₹11 Cr ▲10.0% | ₹10 Cr ▲400.0% | ₹2 Cr |
| Reserves | ₹1.0K Cr ▲73.2% | ₹582 Cr ▲5.1% | ₹554 Cr ▲5.7% | ₹524 Cr ▲235.9% | ₹156 Cr ▲47.2% | ₹106 Cr ▲960.0% | ₹10 Cr |
| Borrowings | ₹54 Cr ▼46.0% | ₹100 Cr ▲0.0% | ₹100 Cr ▲29.9% | ₹77 Cr ▼48.3% | ₹149 Cr ▲79.5% | ₹83 Cr ▲315.0% | ₹20 Cr |
| Other Liabilities | ₹223 Cr ▲13.8% | ₹196 Cr ▲15.3% | ₹170 Cr ▼33.1% | ₹254 Cr ▲95.4% | ₹130 Cr ▼12.8% | ₹149 Cr ▲38.0% | ₹108 Cr |
| Total Liabilities | ₹1.3K Cr ▲45.7% | ₹892 Cr ▲6.4% | ₹838 Cr ▼3.7% | ₹870 Cr ▲95.1% | ₹446 Cr ▲28.5% | ₹347 Cr ▲147.9% | ₹140 Cr |
| Assets | |||||||
| Fixed Assets | ₹460 Cr ▲1.1% | ₹455 Cr ▲54.2% | ₹295 Cr ▼1.0% | ₹298 Cr ▲46.8% | ₹203 Cr ▼5.6% | ₹215 Cr ▲696.3% | ₹27 Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹3 Cr ▼50.0% | ₹6 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹136 Cr ▲288.6% | ₹35 Cr | ₹0 Cr ▼100.0% | ₹70 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹704 Cr ▲74.7% | ₹403 Cr ▼25.8% | ₹543 Cr ▲8.8% | ₹499 Cr ▲110.5% | ₹237 Cr ▲79.5% | ₹132 Cr ▲16.8% | ₹113 Cr |
| Total Assets | ₹1.3K Cr ▲45.7% | ₹892 Cr ▲6.4% | ₹838 Cr ▼3.7% | ₹870 Cr ▲95.1% | ₹446 Cr ▲28.5% | ₹347 Cr ▲147.9% | ₹140 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Operating CF | ₹150 Cr ▲426.1% | ₹-46 Cr ▼147.4% | ₹97 Cr ▲585.0% | ₹-20 Cr ▼385.7% | ₹7 Cr ▲600.0% | ₹1 Cr |
| Investing CF | ₹-614 Cr ▼1030.3% | ₹66 Cr ▲136.7% | ₹-180 Cr ▼80.0% | ₹-100 Cr ▲11.5% | ₹-113 Cr ▼707.1% | ₹-14 Cr |
| Financing CF | ₹270 Cr ▲1976.9% | ₹13 Cr ▼94.0% | ₹218 Cr ▲59.1% | ₹137 Cr ▲42.7% | ₹96 Cr ▲242.9% | ₹28 Cr |
| Net Cash Flow | ₹-194 Cr ▼687.9% | ₹33 Cr ▼75.4% | ₹134 Cr ▲688.2% | ₹17 Cr ▲288.9% | ₹-9 Cr ▼160.0% | ₹15 Cr |
| Free Cash Flow | ₹111 Cr ▲218.1% | ₹-94 Cr ▼256.7% | ₹60 Cr ▲225.0% | ₹-48 Cr ▼380.0% | ₹-10 Cr ▲9.1% | ₹-11 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 90d ▼8.2% | 98d ▼3.0% | 101d ▲11.0% | 91d ▼2.2% | 93d ▼20.5% | 117d |
| Inventory Days | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — |
| Cash Conv. Cycle | 90d ▼8.2% | 98d ▼3.0% | 101d ▲11.0% | 91d ▼2.2% | 93d ▼20.5% | 117d |
| Working Capital Days | 52d ▲285.7% | -28d ▲57.6% | -66d ▲51.5% | -136d ▲26.1% | -184d ▼73.6% | -106d |
| ROCE | 4.0% ▲33.3% | 3.0% ▲125.0% | -12.0% ▲66.7% | -36.0% ▲47.1% | -68.0% | — |
Source: Screener.in · Lower days = better efficiency
About Capillary Technologies India Limited
Incorporated in 2012, Capillary Technologies India Ltd is a leading Indian software-as-a-service (SaaS) company that specializes in customer loyalty and engagement solutions.[1]
Information Technology · IT - Software