---
title: "Sibar Software Services (India) Ltd (532302) — Share Price, Financials & Analysis"
symbol: "532302"
company: "Sibar Software Services (India) Ltd"
canonical: "https://tapetide.com/stocks/532302"
isin: "INE940A01019"
bse_code: "532302"
generated_at: "2026-10-13T10:59:46.687Z"
---

# Sibar Software Services (India) Ltd (532302)

Canonical page: https://tapetide.com/stocks/532302

## Company

- **BSE Code:** 532302
- **ISIN:** INE940A01019
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sibarsoftware.com

## About

Sibar Software Services india Ltd. engages in software development and marketing of software products in India.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of -9.71% over past five years.
- Company has a low return on equity of -0.04% over last 3 years.
- Company has high debtors of 304 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 100% | — | — |
| revenue growth | -25% | -26% | -10% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Dec 2015 | Mar 2016 | Dec 2016 | Mar 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.02 | 0.02 | 0.01 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0 | 0 |
| Expenses | 0.02 | 0.02 | 0.01 | 0.04 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.3 | 0 | 0.01 |
| Operating Profit | 0 | 0 | 0 | -0.01 | 0.01 | 0 | 0 | 0 | 0.01 | -0.28 | 0 | -0.01 |
| OPM % | 0 | 0 | 0 | -33.33 | 50 | 0 | 0 | 0 | 50 | -1400 | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.9 |
| 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 | 0 | 0 | -0.01 | 0.01 | 0 | 0 | 0 | 0.01 | -0.28 | 0 | -6.91 |
| Tax % | — | — | — | 0 | 0 | — | — | — | 0 | 0 | — | 0 |
| Net Profit | 0 | 0 | 0 | -0.01 | 0.01 | 0 | 0 | 0 | 0.01 | -0.28 | 0 | -6.91 |

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.2 | 0.02 | 0.17 | 0.04 | 0.1 | 0.14 | 0.15 | 0.11 | 0.08 | 0.06 |
| Expenses | 0.19 | 0.18 | 0.17 | 0.1 | 0.2 | 4.28 | 0.15 | 0.11 | 0.08 | 0.06 |
| Operating Profit | 0.01 | -0.16 | 0 | -0.06 | -0.1 | -4.14 | 0 | 0 | 0 | 0 |
| OPM % | 5 | -800 | 0 | -150 | -100 | -2957.14 | 0 | 0 | 0 | 0 |
| Other Income | 0 | -0.29 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 2.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | -3.18 | 0 | -0.06 | 0 | -4.14 | 0 | 0 | 0 | 0 |
| Tax % | 0 | 0 | — | 0 | — | 0 | — | — | — | — |
| Net Profit | 0.01 | -3.18 | 0 | -0.06 | 0 | -4.14 | 0 | 0 | -0.01 | 0 |
| Dividend Payout % | 0 | 0 | — | 0 | — | 0 | — | — | 0 | — |

### Balance Sheet

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 16.01 | 16.01 | 16.01 | 16.01 | 16.01 | 16.01 | 16.01 | 16.01 | 16.01 | 16.01 |
| Reserves | -1.11 | -4.29 | -4.29 | -4.35 | -4.35 | -8.49 | -8.49 | -8.49 | -8.5 | -8.5 |
| Borrowings | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0.02 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.34 | 0.34 | 0.34 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.34 | 0.35 |
| Total Liabilities | 15.34 | 12.16 | 12.16 | 12.09 | 11.99 | 7.87 | 7.85 | 7.85 | 7.85 | 7.86 |
| Fixed Assets | 2.73 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8.23 | 7.78 | 12.05 | 12 | 11.92 | 7.79 | 7.79 | 7.79 | 7.79 | 7.79 |
| Other Assets | 4.38 | 4.38 | 0.1 | 0.08 | 0.06 | 0.07 | 0.05 | 0.05 | 0.06 | 0.07 |
| Total Assets | 15.34 | 12.16 | 12.16 | 12.09 | 11.99 | 7.87 | 7.85 | 7.85 | 7.85 | 7.86 |

### Cash Flow

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | -0.25 | -0.01 | -0.07 | 0.02 | -4.14 | 0 | 0 | 0 | 0.01 |
| Cash from Investing Activity | 0.04 | 0.26 | 0 | 0.04 | 0.08 | 4.13 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | -0.09 | 0.02 | 0.02 | 0 | 0 | 0 |
| Net Cash Flow | 0.02 | 0.01 | -0.01 | -0.03 | 0.01 | 0.01 | 0.02 | 0 | 0 | 0.01 |
| Free Cash Flow | -0.02 | -0.25 | -0.02 | -0.07 | 0.02 | -4.14 | 0 | 0 | 0 | 0.01 |
| CFO/OP | -200 | 156 | — | 117 | -20 | 100 | — | — | — | — |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 492.75 | 1277.5 | 150.29 | 638.75 | 182.5 | 130.36 | 121.67 | 165.91 | 228.12 | 304.17 |
| Cash Conversion Cycle | 492.75 | 1277.5 | 150.29 | 638.75 | 182.5 | 130.36 | 121.67 | 165.91 | 228.12 | 304.17 |
| Working Capital Days | 7902.25 | 78840 | 107.35 | 547.5 | 146 | 78.21 | 73 | 99.55 | 136.88 | 121.67 |
| ROCE % | 0.07 | -21.55 | 0 | -0.51 | 0 | -43.12 | 0 | 0 | 0 | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 9.76% |
| DIIs | 0.09% |
| Public | 90.14% |
| No. of Shareholders | 20045 |

### Quarterly

| Category | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- |
| Promoters | 9.76% | 9.76% | 9.76% |
| DIIs | 0.09% | 0.09% | 0.09% |
| Public | 90.14% | 90.14% | 90.14% |
| No. of Shareholders | 20054 | 20048 | 20045 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-24 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77E2945E_2B7E_47E3_98C8_46998F039FE8_105741.pdf) |
| 2026-02-23 | [Disclosure Under Regulation 29(1) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11dcc740-b6b3-4aff-a7ff-599ff8e2d067.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a165c012-72be-4688-9829-43e69f8534af.pdf) |
| 2026-02-06 | [Intimation Of Receipt Of In-Principle Approval From BSE Limited For Issue Of 10,28,69,409 Equity Shares Of The Company On A Preferential Basis.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eaff5475-d6ca-463a-a455-37eb487f26ff.pdf) |
| 2026-02-05 | [Board Meeting Outcome for For The Quarter And Nine Months Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0ebba9a-6233-47f9-a79b-d9dbf5e1f540.pdf) |
| 2026-02-05 | [Outcome Of Board Meeting For The Quarter And Nine Months Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4805d0d3-8241-440f-a56e-0820cefc433e.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca14046f-7a37-4381-b57b-5feeb0ef4433.pdf) |
| 2026-02-04 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59133be4-d5c5-4353-aa47-622104ae1918.pdf) |
| 2018-10-22 | [Financial Results, Auditors Report for March 31, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4B31239C_C134_4376_96CA_EEFDE1E8D5AC_160350.pdf) |
| 2018-10-22 | [Financial Results, Auditors Report for March 31, 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/4B31239C_C134_4376_96CA_EEFDE1E8D5AC_160350.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e135c67-f56a-405e-99a6-3becad925f3e.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b5c2bbe-bc17-47b3-9d9c-5b3c944f536e.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc7edc5d-b156-42b7-99e3-0407aa191c6a.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/539841/76806539841.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/539841/71831539841.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/539841/66608539841.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/539841/5398410319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/539841/5398410318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/539841/5398410317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/539841/5398410316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61991ee4-56c6-4a61-982d-bf645e1e4271.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d04a4d20-3e69-418c-be61-80b8c533761c.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/787a5bb2-ecb4-4a96-9ca7-a4d51db54cd8.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e061ccb4-b4d3-422b-bb10-49f98447cb9e.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2e538b9e-4047-44a7-b19c-f672f0be355f.pdf) |
| Mar 2023 | [Concall - Mar 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f99a709-e2c6-4c9c-a77f-94d3c83cc004.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9ca1490-cf1a-438a-babb-e93d74917473.pdf) |
| Feb 2020 | [Concall - Feb 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af7bda58-3d88-444b-8722-230c0ef45d3f.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 2026-10-13T10:59:46.687Z.