---
title: "e.star Infotech Ltd (532417) — Share Price, Financials & Analysis"
symbol: "532417"
company: "e.star Infotech Ltd"
canonical: "https://tapetide.com/stocks/532417"
isin: "INE546B01020"
bse_code: "532417"
generated_at: "2026-10-13T11:00:53.039Z"
---

# e.star Infotech Ltd (532417)

Canonical page: https://tapetide.com/stocks/532417

## Company

- **BSE Code:** 532417
- **ISIN:** INE546B01020
- **Stock Type:** EQUITY
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** estarinfotech.com

## About

e.Star Infotech Ltd is engaged in Information Technology business.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has high debtors of 760 days.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -62% |
| revenue growth | -27% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 67 | 50.3 | 76.42 | 86.49 | 80.34 | 62.53 | 75.32 | 51.79 | 38.69 | 48.05 | 50.43 | 50.73 |
| Expenses | 57.86 | 44.58 | 66.61 | 73.55 | 68.49 | 54.49 | 63.18 | 50.81 | 31.37 | 39.44 | 40.82 | 41.21 |
| Operating Profit | 9.14 | 5.72 | 9.81 | 12.94 | 11.85 | 8.04 | 12.14 | 0.98 | 7.32 | 8.61 | 9.61 | 9.52 |
| OPM % | 13.64 | 11.37 | 12.84 | 14.96 | 14.75 | 12.86 | 16.12 | 1.89 | 18.92 | 17.92 | 19.06 | 18.77 |
| Other Income | 0.62 | 0.4 | 0.27 | 0.36 | 0.65 | 0.5 | 0.2 | 0.32 | 0.46 | 0.28 | 0.21 | 0.16 |
| Interest | 2.49 | 2.64 | 2.98 | 2.9 | 2.96 | 3.69 | 3.79 | 3.83 | 3.88 | 4.4 | 5.01 | 4.75 |
| Depreciation | 2.35 | 2.39 | 2.4 | 2.73 | 2.45 | 3.31 | 3.35 | 3.63 | 3.58 | 3.77 | 3.91 | 4 |
| Profit before tax | 4.92 | 1.09 | 4.7 | 7.67 | 7.09 | 1.54 | 5.2 | -6.16 | 0.32 | 0.72 | 0.9 | 0.93 |
| Tax % | 39.63 | 30.28 | 30 | 33.51 | 33.85 | 33.12 | 33.65 | -33.44 | 59.38 | 36.11 | 30 | 33.33 |
| Net Profit | 2.96 | 0.76 | 3.29 | 5.11 | 4.69 | 1.03 | 3.45 | -4.1 | 0.13 | 0.46 | 0.63 | 0.63 |
| EPS in Rs | 1.65 | 0.42 | 1.84 | 2.86 | 2.54 | 0.56 | 1.87 | -2.14 | 0.07 | 0.23 | 0.32 | 0.32 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Sales | 15.87 | 11.53 |
| Expenses | 12.56 | 9.34 |
| Operating Profit | 3.31 | 2.19 |
| OPM % | 20.86 | 18.99 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 1.42 | 1.46 |
| Profit before tax | 1.89 | 0.73 |
| Tax % | -1.06 | 0 |
| Net Profit | 1.91 | 0.73 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Equity Capital | 9.95 | 9.95 |
| Reserves | 19.43 | 20.16 |
| Borrowings | 1.69 | 1.69 |
| Other Liabilities | 2.28 | 2.32 |
| Total Liabilities | 33.35 | 34.12 |
| Fixed Assets | 3.11 | 4.75 |
| CWIP | 6.79 | 3.69 |
| Investments | 0 | 0 |
| Other Assets | 23.45 | 25.68 |
| Total Assets | 33.35 | 34.12 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Cash from Operating Activity | -0.3 | 0.01 |
| Cash from Investing Activity | -0.19 | 0 |
| Cash from Financing Activity | 0.49 | 0 |
| Net Cash Flow | 0 | 0.01 |
| Free Cash Flow | -0.49 | 0.01 |
| CFO/OP | -9 | 0 |

### Ratios

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Debtor Days | 465.97 | 760.39 |
| Inventory Days | — | 305.75 |
| Days Payable | — | 507.21 |
| Cash Conversion Cycle | 465.97 | 558.93 |
| Working Capital Days | 484.6 | 736.01 |
| ROCE % | — | 2.32 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 53.66% | 50.24% | 49.91% | 50.36% | 50.36% | 52.75% | 53.05% | 50.76% | 52.19% | 53.6% |
| FIIs | 0.69% | 0% | 0% | 0% | 0% | 0.36% | 0.49% | 0.27% | 0% | 0% |
| DIIs | 2.17% | 2.45% | 2.08% | 2.07% | 2.07% | 2.06% | 0% | 0% | 0% | 0% |
| Public | 43.48% | 47.31% | 48.01% | 47.57% | 47.58% | 44.82% | 46.46% | 48.98% | 47.81% | 46.4% |
| No. of Shareholders | 10113 | 13335 | 12433 | 11803 | 11226 | 14597 | 16673 | 18838 | 25710 | 24430 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 53.05% | 52.4% | 52.4% | 52.4% | 50.76% | 50.76% | 50.76% | 51.75% | 52.19% | 53.16% | 53.6% | 53.6% |
| FIIs | 0.49% | 0.49% | 0.32% | 0.57% | 0.27% | 0.21% | 0.2% | 0% | 0% | 0% | 0% | 0% |
| Public | 46.46% | 47.11% | 47.27% | 47.02% | 48.98% | 49.04% | 49.06% | 48.27% | 47.81% | 46.83% | 46.41% | 46.4% |
| No. of Shareholders | 16673 | 19800 | 18788 | 18739 | 18838 | 22493 | 22150 | 25569 | 25710 | 24927 | 25329 | 24430 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-06 | [Board Meeting Outcome for Outcome Of Board Meeting - Fund Rising](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c8bb09b5-1f38-45ee-a84d-ffb3d23394df.pdf) |
| 2026-03-06 | [Updates](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c03f59fc-8f62-44e9-9df8-1c20eb0e541f.pdf) |
| 2026-02-28 | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eef81c68-e59a-4b95-acbc-5b783d7b233a.pdf) |
| 2026-02-28 | [Board Meeting Intimation for To Consider And Approve Raising Of Funds By Way Of Preferential Issue](https://www.bseindia.com/xml-data/corpfiling/AttachHis/425f9841-0254-47e4-9b03-12dbc401a2cb.pdf) |
| 2026-02-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed3d6932-dfae-4b28-9336-98e1b7f8046e.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94b1314e-9722-4604-ad45-f17e677be4b1.pdf) |
| 2026-02-13 | [Board Meeting Outcome for Un-Audited Financial Results For The Quarter Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d694a3b8-c4e5-46db-a06c-0c93f1aacd38.pdf) |
| 2026-02-02 | [Board Meeting Intimation for Intimation Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f36ee1a-decf-4add-b817-6577bdc00837.pdf) |
| 2026-01-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c30d5154-f9ba-45df-93ef-c0fae0f0497a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ccc334a-27f7-4ae7-b507-0429c477f658.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47119384-7a8d-4bb3-8279-2fd130ec46cf.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f06421b3-057f-4fb7-99c5-91ec30240090.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532740/75849532740.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532740/71134532740.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532740/65723532740_11_09_20.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532740/5327400319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532740/5327400318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532740/5327400317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532740/5327400316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cab37506-103f-45ab-bb54-d229a65414ca.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35fabd50-978a-47bf-8814-5150514d6fe8.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6efb1807-4501-4cc4-90b2-a187da128fd0.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-11-19 | Credit rating update — Acuité |
| 2025-08-29 | Credit rating update — CARE Ratings |
| 2025-02-25 | Credit rating update — Acuité |
| 2025-02-24 | Credit rating update — CARE Ratings |
| 2024-10-04 | Credit rating update — CARE Ratings |
| 2024-01-05 | Credit rating update — CARE Ratings |

---

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 2026-10-13T11:00:53.039Z.