---
title: "Ontrack Systems Ltd (532607) — Share Price, Financials & Analysis"
symbol: "532607"
company: "Ontrack Systems Ltd"
canonical: "https://tapetide.com/stocks/532607"
isin: "INE426B01033"
bse_code: "532607"
generated_at: "2026-10-13T11:00:56.986Z"
---

# Ontrack Systems Ltd (532607)

Canonical page: https://tapetide.com/stocks/532607

## Company

- **BSE Code:** 532607
- **ISIN:** INE426B01033
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ontrackindia.com

## About

Ontrack Systems Limited (OSL) is an India-based company, engaged in Information Technology (IT) and IT enabled services.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.10 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.86% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 288 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -58% | 130% | 17% |
| revenue growth | -3% | 40% | 25% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 |
| --- | --- | --- | --- | --- |
| Sales | 31.09 | 19.68 | 4.18 | 3.42 |
| Expenses | 32.09 | 18.66 | 4.6 | 3.9 |
| Operating Profit | -1 | 1.02 | -0.42 | -0.48 |
| OPM % | -3.22 | 5.18 | -10.05 | -14.04 |
| Other Income | 1.2 | 0.24 | 0.03 | 0.14 |
| Interest | 0.24 | 0.76 | 0.88 | 0.89 |
| Depreciation | -0.06 | 0.04 | 0.04 | 0.04 |
| Profit before tax | 0.02 | 0.46 | -1.31 | -1.27 |
| Tax % | 950 | 28.26 | 0 | 0 |
| Net Profit | -0.17 | 0.34 | -1.3 | -1.27 |
| EPS in Rs | -0.09 | 0.18 | -0.67 | -0.66 |

### 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 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 32.6 | 38.49 | 35.74 | 29.56 | 39.68 | 64.37 | 111.81 | 108.12 | 58.37 |
| Expenses | 28.08 | 34.03 | 30.77 | 33.9 | 35.83 | 59.42 | 107.91 | 106.1 | 59.25 |
| Operating Profit | 4.52 | 4.46 | 4.97 | -4.34 | 3.85 | 4.95 | 3.9 | 2.02 | -0.88 |
| OPM % | 13.87 | 11.59 | 13.91 | -14.68 | 9.7 | 7.69 | 3.49 | 1.87 | -1.51 |
| Other Income | 0.24 | 0.54 | 0.16 | 1.22 | 0.38 | 0.56 | 0.75 | 1.8 | 1.61 |
| Interest | 0.83 | 1.19 | 1.73 | 2.02 | 2.54 | 2.35 | 1.88 | 1.95 | 2.77 |
| Depreciation | 1.83 | 1.85 | 2.77 | 1.98 | 1.38 | 0.77 | 0.31 | 0.38 | 0.06 |
| Profit before tax | 2.1 | 1.96 | 0.63 | -7.12 | 0.31 | 2.39 | 2.46 | 1.49 | -2.1 |
| Tax % | 19.52 | 20.41 | 17.46 | -0.98 | 74.19 | 9.62 | 18.7 | 28.86 | — |
| Net Profit | 1.81 | 1.52 | 0.39 | -7.05 | 0.08 | 2.16 | 2 | 1.06 | -2.4 |
| EPS in Rs | — | — | 0.49 | -8.87 | — | 1.12 | 1.03 | 0.55 | -1.24 |
| Dividend Payout % | 51.8 | 24.67 | 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 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.5 | 7.5 | 7.95 | 7.95 | 9.14 | 19.34 | 19.34 | 19.34 |
| Reserves | 6.67 | 7.22 | 10.06 | 3.77 | 3.11 | 6.74 | 6.9 | 9.59 |
| Borrowings | 6.5 | 14.44 | 13.77 | 12.96 | 16.87 | 17.01 | 18.48 | 43.17 |
| Other Liabilities | 6.25 | 7.35 | 10.88 | 11.95 | 21.68 | 23.85 | 43.25 | 67.05 |
| Total Liabilities | 26.92 | 36.51 | 42.66 | 36.63 | 50.8 | 66.94 | 87.97 | 139.15 |
| Fixed Assets | 4.3 | 11.4 | 10.72 | 14.07 | 12.87 | 12.58 | 12.31 | 12.31 |
| CWIP | 2.83 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.12 | 0.1 | 3.31 | 0.05 | 0.37 | 0.38 | 0.41 | 0.41 |
| Other Assets | 19.67 | 24.91 | 28.63 | 22.51 | 37.56 | 53.98 | 75.25 | 126.43 |
| Total Assets | 26.92 | 36.51 | 42.66 | 36.63 | 50.8 | 66.94 | 87.97 | 139.15 |

### 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 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.76 | 0.2 | 6.21 | 8.75 | -5.87 | -7.11 | -2.64 | -3.2 |
| Cash from Investing Activity | -4.16 | -6.03 | -5.12 | -4.96 | 1.76 | -0.76 | 4.02 | 0.86 |
| Cash from Financing Activity | 0.42 | 5.71 | -0.02 | -2.48 | 3.75 | 7.3 | -0.41 | 22.74 |
| Net Cash Flow | -0.98 | -0.12 | 1.07 | 1.31 | -0.36 | -0.57 | 0.97 | 20.4 |
| Free Cash Flow | -2.46 | -6 | 4.22 | 3.46 | -5.99 | -7.58 | -2.67 | -3.29 |
| CFO/OP | 67 | 11 | 134 | -207 | -150 | -134 | -55 | -124 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 153.28 | 141.11 | 177.39 | 140.15 | 193.54 | 186.38 | 180.39 | 287.56 |
| Inventory Days | 270.12 | 86.42 | 270.63 | 113.52 | 115.56 | 76.82 | 39.65 | 35.41 |
| Days Payable | 433.09 | 173.19 | 543.05 | 451.74 | 291.72 | 153.81 | 107.56 | 158.19 |
| Cash Conversion Cycle | -9.69 | 54.34 | -95.02 | -198.07 | 17.38 | 109.4 | 112.49 | 164.77 |
| Working Capital Days | 141.86 | 157.99 | 162.89 | 87.18 | 111.58 | 105.75 | 111.61 | 169.84 |
| ROCE % | — | 12.48 | 7.68 | -18.1 | 10.56 | 13.1 | 9.88 | 5.36 |

## 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 | 73.53% | 74.65% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 2.2% | 0.74% | 0.72% | 0.73% | 0.64% | 0.25% | 0.84% | 1.09% | 0.97% | 1.38% |
| DIIs | 1.31% | 0.55% | 1.23% | 0.93% | 1.12% | 0.36% | 0.62% | 1.46% | 5.63% | 5.71% |
| Public | 22.95% | 24.06% | 23.05% | 23.34% | 23.24% | 24.39% | 23.54% | 22.44% | 18.39% | 17.91% |
| No. of Shareholders | 18524 | 14224 | 17444 | 17504 | 18774 | 22424 | 20089 | 19329 | 18660 | 22371 |

### 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 | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 0.84% | 1.12% | 1.15% | 1.12% | 1.09% | 1.17% | 1.18% | 0.92% | 0.97% | 1.18% | 1.13% | 1.38% |
| DIIs | 0.62% | 1.03% | 1.27% | 1.42% | 1.46% | 1.57% | 3.56% | 4.94% | 5.63% | 5.75% | 5.98% | 5.71% |
| Public | 23.54% | 22.84% | 22.57% | 22.45% | 22.44% | 22.25% | 20.27% | 19.13% | 18.39% | 18.07% | 17.89% | 17.91% |
| No. of Shareholders | 20089 | 19410 | 19742 | 19395 | 19329 | 19999 | 18884 | 18814 | 18660 | 19623 | 21486 | 22371 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1130c5b3-ec6c-44e1-9163-2f3f2dc71182.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee58c49d-a0de-4b15-a461-f4ba986c73df.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e386d906-3bc9-459f-b9cf-860bbd88b556.pdf) |
| 2026-02-11 | [Reply To E-Mail Dated February 10, 2026 Received From BSE Limited Wherein BSE Limited Has Sought Additional Details For Corporate Announcement Submitted By Us On February 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecb369ab-9e47-4295-8e88-805c0f1280c9.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71c79680-ed85-4b7b-8edd-db1c4af675aa.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ffac3e7-c096-4431-897d-35a7ba43a3b7.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d7d0e56-485c-44e5-aecd-4c32d951b792.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0645e8c-2f6c-47c8-a591-baa13d7d9f31.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df4e1505-146f-4dfe-86a7-ceaa289e4876.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/517206/73375517206.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/517206/69376517206.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/517206/64615517206.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/517206/5172060319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/517206/5172060318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/517206/5172060317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/517206/5172060316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1130c5b3-ec6c-44e1-9163-2f3f2dc71182.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fcf308b3-b397-4067-bb1b-bdc05700b877.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea59e43f-d26b-440d-83a2-21474a2839cf.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c81055d4-d325-442b-8c0d-4345b5136bcd.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0cda4f1-7f32-4270-93b7-e55bf92e5649.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59ed8ec7-5573-4aa1-8670-a2f9e90e8af0.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/319753d8-3a25-46c1-b3ca-6cebaea1e648.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/789926ff-c736-4989-ab1f-ce03a09907eb.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1a7fac39-d884-49ee-81f0-4d89095f520c.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/549ef1e4-f5f2-4781-814e-3cc596d88095.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-04-04 | Credit rating update — ICRA |
| 2024-02-19 | Credit rating update — ICRA |
| 2023-01-23 | Credit rating update — ICRA |
| 2022-10-27 | Credit rating update — ICRA |
| 2021-10-22 | Credit rating update — ICRA |
| 2020-11-27 | Credit rating update — ICRA |

---

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 2026-10-13T11:00:56.986Z.