---
title: "IQ Infotech Ltd (532421) — Share Price, Financials & Analysis"
symbol: "532421"
company: "IQ Infotech Ltd"
canonical: "https://tapetide.com/stocks/532421"
isin: "INE679B01011"
bse_code: "532421"
generated_at: "2026-10-13T11:01:32.767Z"
---

# IQ Infotech Ltd (532421)

Canonical page: https://tapetide.com/stocks/532421

## Company

- **BSE Code:** 532421
- **ISIN:** INE679B01011
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** iqinfotech.net

## About

iQ Infotech Ltd is presently engaged in the area of Software Development, ITenabled Services, E-Commerce and other related Web based systems.

## Latest Price

## Key Insights

### Strengths

- Company's working capital requirements have reduced from 734 days to 142 days

### Weaknesses

- Company has low interest coverage ratio.
- Company has high debtors of 842 days.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 75% |
| revenue growth | 279% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.71 | 34.18 | 8.35 | 5.63 | 7.84 | 1.72 | 4.67 | 0.9 | 11.54 | 0.01 | 0.02 | 2.54 |
| Expenses | 8.41 | 27.44 | 6.52 | 4.17 | 8.38 | 1.6 | 4.77 | 2.85 | 10.9 | 3.28 | 2.38 | 2.67 |
| Operating Profit | 2.3 | 6.74 | 1.83 | 1.46 | -0.54 | 0.12 | -0.1 | -1.95 | 0.64 | -3.27 | -2.36 | -0.13 |
| OPM % | 21.48 | 19.72 | 21.92 | 25.93 | -6.89 | 6.98 | -2.14 | -216.67 | 5.55 | -32700 | -11800 | -5.12 |
| Other Income | 0.02 | 0 | 1.26 | 1.24 | 1.56 | 1.55 | 1.71 | 1.89 | 1.88 | 1.9 | 1.87 | 1.85 |
| Interest | 1.36 | 6.21 | 2.55 | 2.1 | 2.03 | 1.51 | 2.03 | 3 | 2.5 | 2.1 | 2.05 | 2.15 |
| Depreciation | 0.12 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.09 | 0.03 | 0.03 | 0.03 |
| Profit before tax | 0.84 | 0.5 | 0.51 | 0.57 | -1.04 | 0.13 | -0.45 | -3.09 | -0.07 | -3.5 | -2.57 | -0.46 |
| Tax % | -1498.81 | 20 | 19.61 | 33.33 | -18.27 | 23.08 | 0 | 0 | -1642.86 | 0 | 0 | 0 |
| Net Profit | 13.43 | 0.4 | 0.41 | 0.37 | -0.85 | 0.11 | -0.45 | -3.09 | 1.09 | -3.5 | -2.56 | -0.46 |
| EPS in Rs | 2.87 | 0.09 | 0.09 | 0.08 | -0.18 | 0.02 | -0.1 | -0.66 | 0.23 | -0.75 | -0.55 | -0.1 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.81 | 2.13 | 1.73 | 1.81 | 1.22 | 2.39 | 0.19 | 0.72 |
| Expenses | 1.59 | 1.7 | 3.59 | 1.39 | 1.49 | 14.44 | 0.54 | 0.72 |
| Operating Profit | 0.22 | 0.43 | -1.86 | 0.42 | -0.27 | -12.05 | -0.35 | 0 |
| OPM % | 12.15 | 20.19 | -107.51 | 23.2 | -22.13 | -504.18 | -184.21 | 0 |
| Other Income | 0.44 | 0.25 | 2.6 | -0.01 | 0.01 | 4.11 | 0.07 | 0.15 |
| Interest | 0.26 | 0.41 | 0.36 | 0.37 | 0.42 | 0.3 | 0 | 0 |
| Depreciation | 0.66 | 0.72 | 1.12 | 1.08 | 0.35 | 0.31 | 0.43 | 0.35 |
| Profit before tax | -0.26 | -0.45 | -0.74 | -1.04 | -1.03 | -8.55 | -0.71 | -0.2 |
| Tax % | 3.85 | -20 | 8.11 | -20.19 | 10.68 | -3.98 | -8.45 | -20 |
| Net Profit | -0.27 | -0.36 | -0.8 | -0.83 | -1.14 | -8.21 | -0.65 | -0.16 |
| EPS in Rs | -0.25 | -0.34 | -0.75 | -0.78 | -1.07 | -7.71 | -0.61 | -0.15 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.51 | 10.51 | 10.51 | 10.51 | 10.51 | 10.51 | 10.51 | 10.51 |
| Reserves | 4.11 | 3.75 | 2.94 | 2.11 | 0.97 | -7.24 | -13.45 | -13.6 |
| Borrowings | 2.21 | 2.09 | 1.67 | 2.36 | 2.41 | 2.45 | 6.6 | 6.6 |
| Other Liabilities | 1.6 | 1.85 | 1.96 | 1.71 | 1.96 | 2.01 | 2.57 | 2.02 |
| Total Liabilities | 18.43 | 18.2 | 17.08 | 16.69 | 15.85 | 7.73 | 6.23 | 5.53 |
| Fixed Assets | 1.5 | 2.07 | 5.96 | 4.85 | 4.5 | 3.96 | 2.44 | 2.09 |
| CWIP | 11.3 | 10.62 | 5.61 | 5.6 | 5.6 | 0 | 0 | 0 |
| Investments | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 | 0 | 0 | 0 |
| Other Assets | 5.12 | 5 | 5 | 5.73 | 5.24 | 3.77 | 3.79 | 3.44 |
| Total Assets | 18.43 | 18.2 | 17.08 | 16.69 | 15.85 | 7.73 | 6.23 | 5.53 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.48 | 1.08 | 0.72 | -0.31 | 0.33 | -1.86 | -0.23 | 0.45 |
| Cash from Investing Activity | -0.37 | -0.61 | 0.01 | 0.02 | 0.01 | 2.29 | 0.01 | -0.06 |
| Cash from Financing Activity | 0.71 | -0.53 | -0.74 | 0.33 | -0.36 | -0.27 | 0.13 | -0.26 |
| Net Cash Flow | -0.14 | -0.06 | -0.01 | 0.04 | -0.02 | 0.16 | -0.1 | 0.13 |
| Free Cash Flow | -0.85 | 0.46 | 0.73 | -0.29 | 0.33 | 0.42 | -0.22 | 0.39 |
| CFO/OP | -218 | 251 | -39 | -74 | -126 | 15 | 66 | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 409.36 | 263.9 | 405.09 | 439.61 | 514.59 | 285.59 | 3323.42 | 841.53 |
| Inventory Days | 486.67 | 503.32 | 383.1 | 1166.57 | 1206.73 | 340.17 | 30660 | 430.7 |
| Days Payable | 260.11 | 384.21 | 262.44 | 565.39 | 640.61 | 124.15 | 27010 | 591.3 |
| Cash Conversion Cycle | 635.92 | 383 | 525.75 | 1040.79 | 1080.71 | 501.61 | 6973.42 | 680.93 |
| Working Capital Days | 786.46 | 598.05 | 727.89 | 840.91 | 1065.08 | 236.72 | 1325.53 | 141.94 |
| ROCE % | — | -0.24 | -10.68 | -4.39 | -4.23 | -105.05 | — | -5.58 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- |
| Promoters | 5.87% | 5.87% | 5.87% |
| Public | 94.13% | 94.13% | 94.13% |
| No. of Shareholders | 5064 | 5064 | 5064 |

### Quarterly

| Category | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 5.87% | 5.87% | 5.87% | 5.87% | 5.87% | 5.87% | 5.87% |
| Public | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% |
| No. of Shareholders | 5064 | 5064 | 5064 | 5064 | 5064 | 5064 | 5064 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-03-22 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/E3F10130_187B_4592_9EC4_AB9D7259F846_154436.pdf) |
| 2018-03-22 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/75569044_B1EA_4F83_B285_7303F3A2B60C_174235.pdf) |
| 2018-03-22 | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/8099F484_032B_47B6_9617_7046E05DEF70_174417.pdf) |
| 2018-03-22 | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/E4F26F7B_072A_4002_815E_C3D24DFDE052_181113.pdf) |
| 2017-10-12 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/10/5009CCA9_7646_41A9_86DA_315D85DBAC94_122159.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/500256/5002560314.pdf) |
| Mar 2013 | [Financial Year 2013](https://www.bseindia.com/bseplus/AnnualReport/500256/5002560313.pdf) |
| Mar 2012 | [Financial Year 2012](https://www.bseindia.com/bseplus/AnnualReport/500256/5002560312.pdf) |
| Mar 2011 | [Financial Year 2011](https://www.bseindia.com/bseplus/AnnualReport/500256/5002560311.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532421/5324210311.pdf) |
| Mar 2010 | [Financial Year 2010](https://www.bseindia.com/bseplus/AnnualReport/500256/5002560310.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532421/5324210310.pdf) |

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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 2026-10-13T11:01:32.767Z.