---
title: "N2N Technologies Ltd (512279) — Share Price, Financials & Analysis"
symbol: "512279"
company: "N2N Technologies Ltd"
canonical: "https://tapetide.com/stocks/512279"
isin: "INE043F01011"
bse_code: "512279"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 9.66
generated_at: "2026-10-13T11:01:46.691Z"
---

# N2N Technologies Ltd (512279)

Canonical page: https://tapetide.com/stocks/512279

## Company

- **BSE Code:** 512279
- **ISIN:** INE043F01011
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** n2ntechno.com

## About

Incorporated in 1985, N2N Technologies Ltd is in the business of IT & IT Enabled Services[1]

## Latest Price

## Key Fundamentals

Price-based figures as of 2026-10-12T15:30:00+05:30.

Observed at 2026-10-12T04:33:43.721288Z.

- **Market Cap:** ₹9.66 Cr
- **Classification:** Microcap
- **EPS (TTM):** -₹8.98
- **Book Value:** ₹10.34
- **Price to Book:** 2.89
- **Dividend Yield:** 0%
- **ROE:** -358.51%
- **ROCE:** -76.23%
- **Debt to Equity:** 0.15
- **Revenue (yearly):** ₹8 Cr
- **Net Income:** -₹15.9 Cr
- **EBITDA:** -₹0.4 Cr
- **52-Week High:** ₹42.15
- **52-Week Low:** ₹25.31

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -9.36% over last 3 years.
- Debtor days have increased from 103 to 142 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -135.78% | -108.24% | 81.93% |
| ebitda margin growth | 96.43% | -185.96% | — | — |
| net income growth | 96.43% | — | — | 8% |
| revenue growth | 0% | 247.83% | 30% | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.45 | 0.49 | 0.29 | 0.33 | 0.34 | 0.34 | 0.36 | 0.33 | 0.32 | 0.5 | 0.17 | 0.15 |
| Expenses | 0.38 | 0.47 | 0.41 | 0.45 | 0.38 | 0.39 | 0.39 | 0.35 | 0.32 | 0.49 | 2.94 | 0.27 |
| Operating Profit | 0.07 | 0.02 | -0.12 | -0.12 | -0.04 | -0.05 | -0.03 | -0.02 | 0 | 0.01 | -2.77 | -0.12 |
| OPM % | 15.56 | 4.08 | -41.38 | -36.36 | -11.76 | -14.71 | -8.33 | -6.06 | 0 | 2 | -1629.41 | -80 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1.58 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0.02 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0.02 | 0 |
| Profit before tax | 0.07 | 0.02 | -0.14 | -0.12 | -0.04 | -0.05 | 1.53 | -0.02 | 0 | 0.01 | -2.79 | -0.12 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 |
| Net Profit | 0.07 | 0.02 | -0.14 | -0.12 | -0.04 | -0.05 | 1.53 | -0.02 | 0 | 0.01 | -2.79 | -0.12 |
| EPS in Rs | 0.22 | 0.06 | -0.43 | -0.37 | -0.12 | -0.15 | 4.74 | -0.06 | 0 | 0.03 | -8.64 | -0.37 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0.61 | 1.61 | 1.41 | 1.34 | 1.14 |
| Expenses | 0.12 | 0.1 | 0.08 | 0.42 | 4.65 | 0.58 | 1.63 | 1.66 | 4.1 | 4.02 |
| Operating Profit | -0.12 | -0.1 | -0.08 | -0.42 | -4.65 | 0.03 | -0.02 | -0.25 | -2.76 | -2.88 |
| OPM % | — | — | — | — | — | 4.92 | -1.24 | -17.73 | -205.97 | -252.63 |
| Other Income | 0.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0 | 0 | 4.58 | 0 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0.08 | -0.1 | -0.08 | -5 | -4.65 | 0.01 | -0.04 | -0.27 | -2.78 | -2.9 |
| Tax % | 0 | 20 | 0 | 0 | 0 | -200 | -175 | -585.19 | 0 | — |
| Net Profit | 0.08 | -0.12 | -0.08 | -4.99 | -4.65 | 0.03 | 0.03 | 1.31 | -2.78 | -2.9 |
| EPS in Rs | 0.25 | -0.37 | -0.25 | -15.46 | -14.4 | 0.09 | 0.09 | 4.06 | -8.61 | -8.98 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 4.01 |
| Reserves | 11.28 | 11.36 | 11.24 | 11.16 | 6.17 | 1.52 | 1.55 | 1.58 | 2.89 | 0.11 |
| Borrowings | 0.79 | 0.79 | 0.92 | 0.94 | 0.94 | 0.96 | 0.96 | 1.01 | 1.43 | 0.63 |
| Other Liabilities | 0.62 | 0.61 | 0.49 | 0.49 | 0.51 | 0.58 | 0.74 | 0.72 | 0.99 | 1.16 |
| Total Liabilities | 15.92 | 15.99 | 15.88 | 15.82 | 10.85 | 6.29 | 6.48 | 6.54 | 8.54 | 5.91 |
| Fixed Assets | 9.17 | 9.17 | 9.15 | 9.15 | 4.58 | 0 | 0.04 | 0.04 | 0.04 | 0.02 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 6.75 | 6.82 | 6.73 | 6.67 | 6.27 | 6.29 | 6.44 | 6.5 | 8.5 | 5.89 |
| Total Assets | 15.92 | 15.99 | 15.88 | 15.82 | 10.85 | 6.29 | 6.48 | 6.54 | 8.54 | 5.91 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -3.14 | -0.31 | -0.08 | -0.06 | -0.4 | -0.02 | 6.29 | -0.03 | -0.4 | 0 |
| Cash from Investing Activity | 3.45 | 0.2 | 0 | 0 | 0.4 | 0 | -6.3 | -0.02 | -0.02 | 0 |
| Cash from Financing Activity | -0.13 | 0 | 0 | 0 | 0 | 0.03 | 0 | 0.05 | 0.42 | 0 |
| Net Cash Flow | 0.18 | -0.12 | -0.08 | -0.06 | 0 | 0 | -0.01 | 0 | 0 | 0 |
| Free Cash Flow | -3.14 | -0.31 | -0.08 | -0.06 | -0.4 | -0.02 | 6.25 | -0.05 | -0.42 | 0 |
| CFO/OP | 1486 | 242 | 80 | 75 | 95 | 0 | 20967 | 150 | 160 | 0 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | — | — | 71.8 | 27.2 | 139.79 | 141.64 |
| Cash Conversion Cycle | — | — | — | — | — | — | 71.8 | 27.2 | 139.79 | 141.64 |
| Working Capital Days | — | — | — | — | — | — | -365 | -131.49 | -113.9 | -166.16 |
| ROCE % | -0.35 | 0.52 | -0.65 | -0.52 | -38.96 | -57.94 | 0.35 | -0.69 | -4.04 | -45.2 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% | 50.37% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% | 4.26% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 30.45% | 30.6% | 30.89% | 30.89% | 31.42% | 31.42% | 31.42% | 31.42% | 31.49% | 33.67% | 33.6% | 33.67% |
| Others | 14.93% | 14.78% | 14.48% | 14.48% | 13.95% | 13.95% | 13.95% | 13.95% | 13.88% | 11.7% | 11.77% | 11.7% |
| No. of Shareholders | 669 | 709 | 759 | 801 | 730 | 739 | 750 | 743 | 765 | 768 | 762 | 768 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 3 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 33.01 | Sell |
| EMA (10) | 46.54 | Sell |
| SMA (20) | 66.04 | Sell |
| EMA (20) | 115.92 | Sell |
| SMA (50) | 254.32 | Sell |
| EMA (50) | 185.51 | Sell |
| SMA (100) | 137.28 | Sell |
| EMA (100) | 159.05 | Sell |
| SMA (200) | 81.26 | Sell |
| EMA (200) | 109.98 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.62 | Buy |
| MACD (12,26,9) | -87.99 | Buy |
| Stochastic (14,3,3) | 5.36 | Buy |
| ADX (14) | 47.73 | Buy |
| Williams %R (14) | -85.04 | Buy |
| ATR (14) | 23.02 | High Volatility |
| ROC (12) | -8.97 | Sell |
| Stoch RSI (14) | 70.31 | Neutral |
| UO (7,14,28) | 33.52 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-29 | [Updates on Open Offer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57CAF413-3C0C-4615-8BE2-68C057A07483-141923.pdf) |
| 2026-04-29 | [Updates on Open Offer](https://www.bseindia.com/xml-data/corpfiling/AttachLive/57CAF413-3C0C-4615-8BE2-68C057A07483-141923.pdf) |
| 2026-04-27 | [Large Corporate Non Applicability Disclosure](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a9b48c2-c3fc-4adf-9c22-40e7113d8403.pdf) |
| 2026-04-27 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b6aba1e-7cdf-4a92-a4ae-fd929c00911b.pdf) |
| 2026-04-27 | [Annual Disclosure U/R 30(1), 30(2) And 31(4) Of SEBI SAST Regulations Received From Promoter](https://www.bseindia.com/xml-data/corpfiling/AttachHis/709f7230-aa8c-4e6e-a06d-b2bf8dc48ebe.pdf) |
| 2026-04-27 | [Announcement under Regulation 30 (LODR)-Open Offer - Updates](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4eb103a2-4640-4571-b5f4-44af95944ea1.pdf) |
| 2026-04-27 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0955d3cb-7217-41d9-a7ad-e1b5ba826b20.pdf) |
| 2026-04-27 | [Large Corporate Non Applicability Disclosure](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a9b48c2-c3fc-4adf-9c22-40e7113d8403.pdf) |
| 2026-04-27 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1b6aba1e-7cdf-4a92-a4ae-fd929c00911b.pdf) |
| 2026-04-27 | [Annual Disclosure U/R 30(1), 30(2) And 31(4) Of SEBI SAST Regulations Received From Promoter](https://www.bseindia.com/xml-data/corpfiling/AttachLive/709f7230-aa8c-4e6e-a06d-b2bf8dc48ebe.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94304f2f-15a5-420d-829e-82df30478383.pdf) |
| 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b760c15c-b03c-4941-9022-daf06f4fec8f.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34c390ae-6b48-4b04-bd8d-61b506dff2e7.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3125fc0-75d9-4b67-97ca-66783bb2a71b.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e803231d-d131-40b0-b11d-1d9527f55cd0.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/07cc5560-f8e9-4456-8a5d-7069894bef5c.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/524598/76258524598.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/512279/76849512279.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/524598/71354524598.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/512279/72206512279.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Aug 2019 | Concall - Aug 2019 |
| May 2019 | Concall - May 2019 |
| Feb 2019 | Concall - Feb 2019 |
| Nov 2018 | Concall - Nov 2018 |
| Aug 2018 | Concall - Aug 2018 |
| Jun 2018 | Concall - Jun 2018 |
| Feb 2018 | Concall - Feb 2018 |
| Nov 2017 | Concall - Nov 2017 |
| Sep 2017 | Concall - Sep 2017 |
| May 2017 | Concall - May 2017 |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-02-26 | Credit rating update — CARE Ratings |
| 2026-02-06 | Credit rating update — CARE Ratings |
| 2025-04-01 | Credit rating update — CARE Ratings |
| 2024-08-28 | Credit rating update — CARE Ratings |
| 2024-05-14 | Credit rating update — CARE Ratings |
| 2024-04-05 | Credit rating update — CARE Ratings |
| 2023-02-20 | Credit rating update — CARE Ratings |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-30 | [Appointment of Company Secretary and Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c682f340-54da-4ffa-857d-c95d90c0c4ea.pdf) |
| 2026-09-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fae5ecb3-c569-40cf-a82c-da7bc6638161.pdf) |
| 2026-09-25 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2712b618-01fa-438d-91fa-d5c8ec976e42.pdf) |
| 2026-09-22 | [Announcement Under Regulation 30 / Extension Of Time To Convene AGM For FY 2025-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bae25977-aacf-462f-b3a9-bfc075cd6e39.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff785b96-67b4-445b-bf0f-54d4ceec9607.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5faabedd-732b-4a19-a16e-4237174894bc.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Change in Management Control](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca61271e-778c-48b4-a800-97eaf8ad16a7.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b517bd6d-2f96-41a7-828b-cacb03b4b742.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Diversification / Disinvestment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2fdbb4b8-8f0e-4381-ba75-578662b4feba.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Adoption Of Unaudited Financial Results For Quarter Ended June 30 2026 And Other Items](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34b0cf5b-1b6c-4fd2-9f64-549d77e53b26.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Outcome Of Board Meeting Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38b9358a-afc6-4456-b880-62666d54164b.pdf) |
| 2026-07-08 | [Outcome Of Board Meeting / Audited Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c40c072e-2d4f-4888-b9da-6965817a52b5.pdf) |
| 2026-02-14 | [Outcome Of Board Meeting / Adoption Of December 2025 Quarterly Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52a4bbe4-c4c3-4b82-a263-f4aa299ed2c8.pdf) |
| 2025-11-14 | [Unaudited Financial Results For Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13471157-f621-4b3d-9bd8-9ce3ed1ed819.pdf) |
| 2025-08-14 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=672552cc-6a8e-4f18-b814-6e8b10467080.pdf) |
| 2025-06-04 | [Audited Financial Results For FY 2024-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6e23b4a-9561-404c-acb5-7297d2dc3e35.pdf) |
| 2025-02-14 | [Unaudited Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf8b0fbd-a511-4969-858e-4d8b3bb70412.pdf) |
| 2024-11-14 | [Unaudited Financial Results For Half Year And Quarter Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2731113c-aa4c-413f-a828-e9c12bf9f390.pdf) |
| 2024-08-14 | [Unaudited Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a294ce5-4ef8-4e4d-9535-0824d32c87e0.pdf) |
| 2024-05-30 | [Outcome Of Board Meeting Audited Financial Results For The Financial Year Ended March 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2c1f72a-60b7-448a-a183-233f6a9da671.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 2026-10-13T11:01:46.691Z.