Cigniti Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 26%)
- Efficient capital deployment (ROCE 34.1%)
- Attractively valued vs sector (P/E 11.4x vs industry 40.1x)
- Virtually debt-free
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,304 | ₹8.3L Cr | 15.5 | 7.78 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,130 | ₹4.6L Cr | 14.7 | 5.02 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,293 | ₹3.5L Cr | 19.4 | 4.67 | 23.8 | 30.4 | 0.07 |
| WIPRO Wipro Limited | ₹176 | ₹1.7L Cr | 13.2 | 2.1 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,597 | ₹1.6L Cr | 29.4 | 5.29 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,554 | ₹1.4L Cr | 24.1 | 5.62 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹12,058 | ₹1.1L Cr | 30.8 | 13.41 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
CIGNITITEC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 32.77% | 32.77% | 32.77% | 22.68% | 55.32% | 55.16% |
| FII | 6.04% | 6.06% | 5.73% | 4.64% | 8.25% | 9.73% |
| DII | 0.07% | 0.09% | 2.12% | 6.97% | 10.42% | 10.59% |
| Public | 61.11% | 61.08% | 59.37% | 65.71% | 26.00% | 24.52% |
Corporate Events
Merger
Record: 15 May 2026
To consider and approve the financial results for the period ended March 31, 2026
Interim Dividend - Rs 3 Per Share
Dividend - Rs 3 Per Share/ Special Dividend - Rs 2.50 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹579 Cr 2.1% | ₹567 Cr 6.2% | ₹534 Cr 0.8% | ₹530 Cr 2.7% | ₹516 Cr 3.4% | ₹499 Cr 6.6% | ₹468 Cr 2.6% | ₹456 Cr |
| Op. Profit | ₹104 Cr 8.3% | ₹96 Cr 7.9% | ₹89 Cr 1.1% | ₹90 Cr 5.9% | ₹85 Cr 30.8% | ₹65 Cr 30.0% | ₹50 Cr 66.7% | ₹30 Cr |
| OPM | 18.0% 5.9% | 17.0% 0.0% | 17.0% 0.0% | 17.0% 6.3% | 16.0% 23.1% | 13.0% 18.2% | 11.0% 57.1% | 7.0% |
| Net Profit | ₹80 Cr 3.6% | ₹83 Cr 25.8% | ₹66 Cr 9.6% | ₹73 Cr 14.1% | ₹64 Cr 20.8% | ₹53 Cr 430.0% | ₹10 Cr 63.0% | ₹27 Cr |
| EPS (₹) | 29.2 2.8% | 30.04 24.9% | 24.05 10.0% | 26.72 14.7% | 23.3 20.2% | 19.38 403.4% | 3.85 61.3% | 9.94 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.0K Cr 11.0% | ₹1.8K Cr 10.1% | ₹1.6K Cr 32.7% | ₹1.2K Cr 38.5% | ₹897 Cr 2.9% | ₹872 Cr 6.9% | ₹816 Cr 17.7% | ₹693 Cr 12.0% | ₹619 Cr |
| Expenses | ₹1.7K Cr 8.3% | ₹1.6K Cr 13.0% | ₹1.4K Cr 26.7% | ₹1.1K Cr 48.2% | ₹751 Cr 1.1% | ₹743 Cr 8.8% | ₹683 Cr 6.6% | ₹641 Cr 0.0% | ₹641 Cr |
| Op. Profit | ₹289 Cr 30.2% | ₹222 Cr 6.7% | ₹238 Cr 84.5% | ₹129 Cr 11.0% | ₹145 Cr 12.4% | ₹129 Cr 3.0% | ₹133 Cr 155.8% | ₹52 Cr 336.4% | ₹-22 Cr |
| OPM | 14.0% 16.7% | 12.0% 14.3% | 14.0% 40.0% | 10.0% 37.5% | 16.0% 6.7% | 15.0% 6.3% | 16.0% 100.0% | 8.0% 300.0% | -4.0% |
| Other Income | ₹20 Cr 39.4% | ₹33 Cr 120.0% | ₹15 Cr 15.4% | ₹13 Cr 0.0% | ₹13 Cr 40.9% | ₹22 Cr 18.5% | ₹27 Cr 2600.0% | ₹1 Cr 100.3% | ₹-332 Cr |
| Interest | ₹3 Cr 25.0% | ₹4 Cr 0.0% | ₹4 Cr 20.0% | ₹5 Cr 16.7% | ₹6 Cr 25.0% | ₹8 Cr 46.7% | ₹15 Cr 11.8% | ₹17 Cr 6.3% | ₹16 Cr |
| Depreciation | ₹34 Cr 13.3% | ₹30 Cr 15.4% | ₹26 Cr 62.5% | ₹16 Cr 33.3% | ₹12 Cr 9.1% | ₹11 Cr 266.7% | ₹3 Cr 0.0% | ₹3 Cr 82.4% | ₹17 Cr |
| PBT | ₹272 Cr 23.6% | ₹220 Cr 0.9% | ₹222 Cr 82.0% | ₹122 Cr 13.5% | ₹141 Cr 7.6% | ₹131 Cr 7.7% | ₹142 Cr 330.3% | ₹33 Cr 108.5% | ₹-387 Cr |
| Tax % | 26.0% 4.0% | 25.0% 4.2% | 24.0% 4.0% | 25.0% 0.0% | 25.0% 257.1% | 7.0% 275.0% | -4.0% 300.0% | 2.0% 0.0% | 2.0% |
| Net Profit | ₹200 Cr 20.5% | ₹166 Cr 1.2% | ₹168 Cr 82.6% | ₹92 Cr 12.4% | ₹105 Cr 13.9% | ₹122 Cr 17.0% | ₹147 Cr 359.4% | ₹32 Cr 108.1% | ₹-395 Cr |
| EPS (₹) | 73.05 20.4% | 60.66 1.3% | 59.9 83.5% | 32.65 13.2% | 37.62 14.0% | 43.74 18.4% | 53.59 341.4% | 12.14 108.1% | -148.99 |
| Div Payout | 0.0% 100.0% | 5.0% 44.4% | 9.0% 12.5% | 8.0% 14.3% | 7.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹28 Cr 3.7% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 3.6% | ₹28 Cr 0.0% | ₹28 Cr 0.0% | ₹28 Cr 0.0% | ₹28 Cr 3.7% | ₹27 Cr 0.0% | ₹27 Cr |
| Reserves | ₹1.1K Cr 17.6% | ₹936 Cr 31.6% | ₹711 Cr 26.5% | ₹562 Cr 30.1% | ₹432 Cr 25.6% | ₹344 Cr 43.9% | ₹239 Cr 94.3% | ₹123 Cr 715.0% | ₹-20 Cr 70.1% | ₹-67 Cr |
| Borrowings | ₹20 Cr 28.6% | ₹28 Cr 50.9% | ₹57 Cr 1.8% | ₹56 Cr 30.0% | ₹80 Cr 73.9% | ₹46 Cr 62.0% | ₹121 Cr 63.5% | ₹74 Cr 43.5% | ₹131 Cr 9.0% | ₹144 Cr |
| Other Liabilities | ₹330 Cr 33.1% | ₹248 Cr 17.5% | ₹211 Cr 5.0% | ₹201 Cr 27.2% | ₹158 Cr 38.6% | ₹114 Cr 25.3% | ₹91 Cr 9.6% | ₹83 Cr 17.0% | ₹100 Cr 20.0% | ₹125 Cr |
| Total Liabilities | ₹1.5K Cr 19.4% | ₹1.2K Cr 23.2% | ₹1.0K Cr 18.9% | ₹846 Cr 21.2% | ₹698 Cr 31.2% | ₹532 Cr 10.8% | ₹480 Cr 55.8% | ₹308 Cr 29.4% | ₹238 Cr 4.4% | ₹228 Cr |
Assets | ||||||||||
| Fixed Assets | ₹107 Cr 11.6% | ₹121 Cr 0.0% | ₹121 Cr 10.4% | ₹135 Cr 19.5% | ₹113 Cr 21.5% | ₹93 Cr 8.8% | ₹102 Cr 50.0% | ₹68 Cr 9.7% | ₹62 Cr 3.1% | ₹64 Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹41 Cr 71.9% | ₹146 Cr 41.6% | ₹250 Cr 41.2% | ₹177 Cr 47.5% | ₹120 Cr 50.0% | ₹80 Cr 63.3% | ₹49 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹1.3K Cr 36.8% | ₹973 Cr 53.2% | ₹635 Cr 19.1% | ₹533 Cr 14.6% | ₹465 Cr 29.9% | ₹358 Cr 8.8% | ₹329 Cr 37.7% | ₹239 Cr 35.8% | ₹176 Cr 7.3% | ₹164 Cr |
| Total Assets | ₹1.5K Cr 19.4% | ₹1.2K Cr 23.2% | ₹1.0K Cr 18.9% | ₹846 Cr 21.2% | ₹698 Cr 31.2% | ₹532 Cr 10.8% | ₹480 Cr 55.8% | ₹308 Cr 29.4% | ₹238 Cr 4.4% | ₹228 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹160 Cr 24.0% | ₹129 Cr 17.8% | ₹157 Cr 313.2% | ₹38 Cr 73.8% | ₹145 Cr 66.7% | ₹87 Cr 31.5% | ₹127 Cr 262.9% | ₹35 Cr 172.9% | ₹-48 Cr 141.7% | ₹115 Cr |
| Investing CF | ₹-12 Cr 64.7% | ₹-34 Cr 35.8% | ₹-53 Cr 6.0% | ₹-50 Cr 6.4% | ₹-47 Cr 65.7% | ₹-137 Cr 2183.3% | ₹-6 Cr 20.0% | ₹-5 Cr 16.7% | ₹-6 Cr 97.0% | ₹-197 Cr |
| Financing CF | ₹-18 Cr 55.0% | ₹-40 Cr 42.0% | ₹-69 Cr 245.0% | ₹-20 Cr 42.9% | ₹-14 Cr 7.7% | ₹-13 Cr 90.4% | ₹-135 Cr 365.5% | ₹-29 Cr 154.7% | ₹53 Cr 1.9% | ₹52 Cr |
| Net Cash Flow | ₹130 Cr 132.1% | ₹56 Cr 60.0% | ₹35 Cr 212.9% | ₹-31 Cr 136.9% | ₹84 Cr 233.3% | ₹-63 Cr 350.0% | ₹-14 Cr 1500.0% | ₹1 Cr 200.0% | ₹-1 Cr 96.7% | ₹-30 Cr |
| Free Cash Flow | ₹147 Cr 18.5% | ₹124 Cr 13.9% | ₹144 Cr 700.0% | ₹18 Cr 87.3% | ₹142 Cr 77.5% | ₹80 Cr 32.2% | ₹118 Cr 268.8% | ₹32 Cr 162.7% | ₹-51 Cr 312.5% | ₹24 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74d 15.6% | 64d 12.3% | 57d 14.9% | 67d 4.7% | 64d 7.2% | 69d 25.5% | 55d 8.3% | 60d 1.6% | 61d 43.5% | 108d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 74d 15.6% | 64d 12.3% | 57d 14.9% | 67d 4.7% | 64d 7.2% | 69d 25.5% | 55d 8.3% | 60d 1.6% | 61d 43.5% | 108d |
| Working Capital Days | 80d 81.8% | 44d 12.8% | 39d 8.3% | 36d 5.3% | 38d 52.0% | 25d 127.3% | 11d 136.7% | -30d 51.6% | -62d 3200.0% | 2d |
| ROCE | 34.0% 9.7% | 31.0% 18.4% | 38.0% 46.2% | 26.0% 27.8% | 36.0% 20.0% | 45.0% 47.7% | 86.0% 109.8% | 41.0% 415.4% | -13.0% 156.5% | 23.0% |
Source: Screener.in · Lower days = better efficiency
About Cigniti Technologies Limited
Cigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana.[1]
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