---
title: "eDynamics Solutions Ltd (426191) — Share Price, Financials & Analysis"
symbol: "426191"
company: "eDynamics Solutions Ltd"
canonical: "https://tapetide.com/stocks/426191"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T10:59:13.409Z"
---

# eDynamics Solutions Ltd (426191)

Canonical page: https://tapetide.com/stocks/426191

## Company

- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** edynamicssolution.com

## About

Incorporated in 2000, eDynamics Solutions Ltd deals in Automobile parts, Textiles, etc.[1]

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.23 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 17.6%
- Company has a low return on equity of -0.07% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 50% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.02 | 0.01 | 0.01 | 0.01 | 0.04 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Operating Profit | -0.02 | -0.01 | -0.01 | -0.01 | -0.04 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | 0 | 0 | 0 | -0.03 | 0 | -0.01 | 0 | 0 | 0 | 0 | -0.01 |
| Tax % | 0 | — | — | — | 0 | — | 0 | — | — | — | — | 0 |
| Net Profit | -0.01 | 0 | 0 | 0 | -0.03 | 0 | -0.01 | 0 | 0 | 0 | -0.01 | -0.01 |
| EPS in Rs | 0 | 0 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5.44 | 3.35 | 2.51 | 0.87 | 0.87 | 0.35 | 0 | 0 | 0 | 0 |
| Expenses | 5.38 | 3.36 | 2.58 | 1.04 | 1.04 | 0.46 | 0.06 | 0.08 | 0.06 | 0.05 |
| Operating Profit | 0.06 | -0.01 | -0.07 | -0.17 | -0.17 | -0.11 | -0.06 | -0.08 | -0.06 | -0.05 |
| OPM % | 1.1 | -0.3 | -2.79 | -19.54 | -19.54 | -31.43 | — | — | — | — |
| Other Income | 0.07 | 0.1 | 0.14 | 0.19 | 0.19 | 0.12 | 0.06 | 0.04 | 0.04 | 0.04 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.06 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 |
| Profit before tax | 0.07 | 0.05 | 0.04 | 0 | 0 | 0 | -0.01 | -0.04 | -0.02 | -0.01 |
| Tax % | 28.57 | 40 | 50 | — | — | — | 0 | 0 | 0 | — |
| Net Profit | 0.04 | 0.04 | 0.03 | 0 | 0 | 0 | -0.01 | -0.04 | -0.02 | -0.02 |
| EPS in Rs | 0.02 | 0.02 | 0.01 | 0 | 0 | 0 | 0 | -0.02 | -0.01 | 0 |
| Dividend Payout % | 0 | 0 | 0 | — | — | — | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 21.69 | 21.69 | 23.41 | 25.55 | 25.55 | 25.55 | 25.55 | 25.55 | 25.55 | 25.55 |
| Reserves | 9.54 | 9.59 | 9.97 | 10 | 10 | 10 | 9.93 | 9.92 | 9.88 | 9.86 |
| Borrowings | 0.25 | 0 | 3.56 | 1.66 | 1.66 | 1.66 | 1.76 | 0.94 | 0.89 | 0.89 |
| Other Liabilities | 3.89 | 1.33 | 2.77 | 4.02 | 4.3 | 4.3 | 4.26 | 3.73 | 3.15 | 2.78 |
| Total Liabilities | 35.37 | 32.61 | 39.71 | 41.23 | 41.51 | 41.51 | 41.5 | 40.14 | 39.47 | 39.08 |
| Fixed Assets | 0.19 | 0.12 | 0.08 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5.5 | 5.18 | 10.08 | 10.08 | 10.08 | 10.08 | 10.08 | 10.08 | 10.08 | 10.08 |
| Other Assets | 29.68 | 27.31 | 29.55 | 31.09 | 31.39 | 31.39 | 31.39 | 30.04 | 29.37 | 28.98 |
| Total Assets | 35.37 | 32.61 | 39.71 | 41.23 | 41.51 | 41.51 | 41.5 | 40.14 | 39.47 | 39.08 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.44 | 0.43 | 0.01 | -0.02 | -0.49 | -0.49 | 0.15 | -0.17 | -0.36 | -0.23 |
| Cash from Investing Activity | -21.54 | 2.58 | -5.57 | -0.19 | 0.46 | 0.46 | -0.15 | 0.99 | 0.49 | 0.17 |
| Cash from Financing Activity | 21.2 | -3.14 | 5.56 | 0.25 | 0 | 0 | 0 | -0.82 | -0.05 | 0 |
| Net Cash Flow | 0.1 | -0.14 | 0 | 0.04 | -0.03 | -0.03 | -0.01 | 0 | 0.08 | -0.06 |
| Free Cash Flow | 0.44 | 0.43 | 0.01 | -0.02 | -0.49 | -0.49 | 0.15 | -0.17 | -0.36 | -0.23 |
| CFO/OP | 733 | 800 | -400 | 14 | 276 | 276 | -136 | 283 | 450 | 383 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 92.7 | 44.28 | 234.25 | 495.88 | 1715.92 | 1715.92 | 4129.71 | — | — | — |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Cash Conversion Cycle | 92.7 | 44.28 | 234.25 | 495.88 | 1715.92 | 1715.92 | 4129.71 | — | — | — |
| Working Capital Days | 240.44 | 402.57 | 420.57 | 905.96 | 2185.8 | 2185.8 | 5297.71 | — | — | — |
| ROCE % | 0.23 | 0.22 | 0.15 | 0.11 | 0 | 0 | 0 | -0.03 | -0.11 | -0.06 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% |
| Public | 82.39% | 82.39% | 82.39% | 82.39% | 82.39% | 82.39% | 82.4% | 82.4% | 82.38% |
| No. of Shareholders | 1635 | 2427 | 2409 | 2403 | 2403 | 2423 | 2423 | 2443 | 2778 |

### Quarterly

| Category | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% | 17.61% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% | 0.02% | 0.02% |
| Public | 82.39% | 82.4% | 82.4% | 82.4% | 82.4% | 82.4% | 82.4% | 82.4% | 82.4% | 82.38% | 82.38% | 82.38% |
| No. of Shareholders | 2434 | 2423 | 2423 | 2423 | 2436 | 2423 | 2716 | 2443 | 2778 | 2778 | 2778 | 2778 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 1 / 13 / 5

### Moving Averages — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 119.04 | Sell |
| EMA (10) | 118.38 | Sell |
| SMA (20) | 119.71 | Sell |
| EMA (20) | 117.64 | Sell |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.05 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 36.21 | Neutral |
| ADX (14) | 9.45 | Neutral |
| Williams %R (14) | -76.63 | Neutral |
| ATR (14) | 5.84 | High Volatility |
| ROC (12) | -5.05 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 57.56 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/535694/72520535694.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/535694/68462535694.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/535694/5356940313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:13.409Z.