---
title: "Sankhya Infotech Ltd (532972) — Share Price, Financials & Analysis"
symbol: "532972"
company: "Sankhya Infotech Ltd"
canonical: "https://tapetide.com/stocks/532972"
isin: "INE877A01013"
bse_code: "532972"
sector: "Information Technology"
industry: "IT - Software"
generated_at: "2026-10-13T10:59:35.144Z"
---

# Sankhya Infotech Ltd (532972)

Canonical page: https://tapetide.com/stocks/532972

## Company

- **BSE Code:** 532972
- **ISIN:** INE877A01013
- **Sector:** Information Technology
- **Industry:** IT - Software
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2008-05-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sankhya.net

## About

Incorporated in 1997, Sankhya Infotech Ltd is a software products and services company engaged in Training, Education, Modeling and Simulation.

## Latest Price

- **Price:** ₹7.5
- **Change:** -151.7 (-95.29%)
- **Open:** ₹7.75
- **Day High:** ₹8.27
- **Day Low:** ₹7.49
- **Previous Close:** ₹159.2
- **Volume:** 124476
- **As Of:** 2023-05-24T03:36:33+00:00

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.11 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -3.83% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 2% | 10% | 9% |

## 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 | 0.06 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.04 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.07 | 0.12 |
| Operating Profit | 0.02 | 0.01 | -0.01 | -0.02 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.07 | -0.12 |
| OPM % | 33.33 | 50 | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1.37 | 1.37 | 1.37 | 1.24 | 1.24 | 1.24 | 1.24 | 1.11 | 1.11 | 1.11 | 1.11 | 1 |
| Profit before tax | -1.35 | -1.36 | -1.38 | -1.26 | -1.25 | -1.26 | -1.25 | -1.12 | -1.12 | -1.12 | -1.18 | -1.12 |
| Tax % | -20 | -18.38 | -19.57 | -19.05 | -19.2 | -19.05 | -37.6 | -21.43 | -21.43 | -21.43 | -20.34 | -20.54 |
| Net Profit | -1.09 | -1.12 | -1.12 | -1.02 | -1 | -1.02 | -0.77 | -0.89 | -0.88 | -0.88 | -0.95 | -0.89 |
| EPS in Rs | -0.76 | -0.78 | -0.78 | -0.71 | -0.69 | -0.71 | -0.53 | -0.62 | -0.61 | -0.61 | -0.66 | -0.62 |

### 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 | 177.98 | 164.05 | 1.6 | 0 | 0 | 0 | 0.07 | 0 | 0 | 0 |
| Expenses | 162.06 | 151.39 | 63.17 | 0.25 | 0.37 | 0.13 | 0.1 | 0.06 | 0.1 | 0.21 |
| Operating Profit | 15.92 | 12.66 | -61.57 | -0.25 | -0.37 | -0.13 | -0.03 | -0.06 | -0.1 | -0.21 |
| OPM % | 8.94 | 7.72 | -3848.12 | — | — | — | -42.86 | — | — | — |
| Other Income | 5.96 | 0.18 | 0.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 5.11 | 4.33 | 0.51 | 0.06 | 7.34 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 8.29 | 10.02 | 9.1 | 7.68 | 7.06 | 6.09 | 5.5 | 4.94 | 4.44 | 4.33 |
| Profit before tax | 8.48 | -1.51 | -70.9 | -7.99 | -14.77 | -6.22 | -5.53 | -5 | -4.54 | -4.54 |
| Tax % | -6.25 | 5.96 | 0.44 | -6.01 | -5.89 | -15.92 | -19.17 | -19 | -20.93 | — |
| Net Profit | 9.01 | -1.61 | -71.21 | -7.51 | -13.9 | -5.24 | -4.46 | -4.05 | -3.59 | -3.6 |
| EPS in Rs | 6.85 | -1.22 | -49.47 | -5.22 | -9.66 | -3.64 | -3.1 | -2.81 | -2.49 | -2.5 |
| 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 | 11.25 | 13.15 | 13.15 | 14.6 | 14.6 | 14.6 | 48.58 | 48.58 | 48.58 | 48.58 |
| Reserves | 74.89 | 96.48 | 94.88 | 25.67 | 18.16 | 4.26 | 62.94 | 58.48 | 54.43 | 50.84 |
| Borrowings | 28.66 | 27.3 | 30.6 | 30.06 | 30.06 | 30.06 | 1.19 | 1.19 | 1.19 | 1.19 |
| Other Liabilities | 32.57 | 20.59 | 22.7 | 22.37 | 22.08 | 29.97 | 2.52 | 1.57 | 0.68 | 0.32 |
| Total Liabilities | 147.37 | 157.52 | 161.33 | 92.7 | 84.9 | 78.89 | 115.23 | 109.82 | 104.88 | 100.93 |
| Fixed Assets | 64.11 | 73.72 | 84.61 | 75.5 | 67.82 | 60.75 | 93.29 | 87.79 | 82.85 | 78.41 |
| CWIP | 6.33 | 5.85 | 6.71 | 6.71 | 6.71 | 6.71 | 11.15 | 11.15 | 11.15 | 11.15 |
| Investments | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 76.92 | 77.95 | 70.01 | 10.49 | 10.37 | 11.43 | 10.79 | 10.88 | 10.88 | 11.37 |
| Total Assets | 147.37 | 157.52 | 161.33 | 92.7 | 84.9 | 78.89 | 115.23 | 109.82 | 104.88 | 100.93 |

### 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 | 19.99 | 9.97 | 26.16 | -1.8 | 0.06 | 8.85 | -32.46 | -0.01 | 0 | -0.1 |
| Cash from Investing Activity | -14.08 | -17.12 | -21.77 | 0.16 | 0 | 0 | -43.07 | 0 | 0 | 0 |
| Cash from Financing Activity | -4.94 | 6.93 | -3.81 | 0.85 | -0.06 | -7.34 | 97.91 | 0 | 0 | 0 |
| Net Cash Flow | 0.97 | -0.23 | 0.58 | -0.79 | 0 | 1.51 | 22.38 | -0.01 | 0 | -0.1 |
| Free Cash Flow | 4.01 | -7.47 | 4.39 | -1.8 | 0.06 | 8.85 | -75.53 | -0.01 | 0 | -0.1 |
| CFO/OP | 120 | 64 | 207 | 3 | -24 | -2392 | 24969 | -3500 | -1583 | 100 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 146.47 | 134.84 | 129.69 | 15.97 | — | — | — | 834.29 | — | — |
| Cash Conversion Cycle | 146.47 | 134.84 | 129.69 | 15.97 | — | — | — | 834.29 | — | — |
| Working Capital Days | 83.66 | 73.17 | 50.33 | -8431.5 | — | — | — | 49535.71 | — | — |
| ROCE % | 10.44 | 10.8 | 2.05 | -67.37 | -11.91 | -13.3 | -7.7 | -5.01 | -4.71 | -4.43 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 24.08% | 20.69% | 20.44% | 22.82% | 22.13% | 19.19% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% |
| FIIs | 0% | 2.34% | 2.65% | 2% | 2% | 2.02% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| DIIs | 4.95% | 4.23% | 4.23% | 3.81% | 3.81% | 3.87% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% |
| Public | 70.98% | 72.74% | 72.67% | 71.37% | 72.06% | 74.92% | 15.58% | 15.58% | 15.58% | 15.58% | 15.58% |
| No. of Shareholders | 8625 | 9677 | 9449 | 9283 | 8876 | 12426 | 12063 | 12062 | 12062 | 10551 | 10551 |

### 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 | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% | 83.98% |
| FIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| DIIs | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% |
| Public | 15.58% | 15.58% | 15.58% | 15.58% | 15.58% | 15.58% | 15.58% | 15.58% | 15.57% | 15.58% | 15.58% | 15.58% |
| No. of Shareholders | 12062 | 12062 | 12062 | 12062 | 12062 | 12062 | 12062 | 12062 | 10551 | 10551 | 10551 | 10551 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.7 | Sell |
| EMA (10) | 7.69 | Sell |
| SMA (20) | 7.71 | Sell |
| EMA (20) | 7.73 | Sell |
| SMA (50) | 7.92 | Sell |
| EMA (50) | 7.83 | Sell |
| SMA (100) | 7.69 | Sell |
| EMA (100) | 8.05 | Sell |
| SMA (200) | 8.73 | Sell |
| EMA (200) | 8.13 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.63 | Neutral |
| MACD (12,26,9) | -0.05 | Sell |
| Stochastic (14,3,3) | 50.14 | Neutral |
| ADX (14) | 14.81 | Neutral |
| Williams %R (14) | -82.8 | Buy |
| ATR (14) | 0.46 | High Volatility |
| ROC (12) | -3.6 | Sell |
| Stoch RSI (14) | 5.4 | Buy |
| UO (7,14,28) | 46.29 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-07 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f227da4-6406-4a34-8820-6e89ef9fc50b.pdf) |
| 2026-03-27 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33e27746-7cec-4f82-90ad-022a8b157103.pdf) |
| 2026-02-24 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/Mahickra_24022026192711_Voting_Result_Mahickra.pdf) |
| 2026-02-23 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/Mahickra_23022026151925_Proceedings_of_EGM.pdf) |
| 2026-02-12 | [Corrigendum](https://nsearchives.nseindia.com/corporate/Mahickra_12022026184130_Intimation_of_Second_Corrigendum.pdf) |
| 2026-02-09 | [Board Meeting Outcome for Outcome Of Board Meeting Held On February 9Th, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92995655-1bf3-4305-a431-3a21eb8f726a.pdf) |
| 2026-02-09 | [Unaudited Financial Result For Quarter And Half Year Ended September 30, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d74254c6-dc29-407c-bb04-29624f6ade87.pdf) |
| 2026-02-09 | [Unaudited Financial Result For Quarter Ended June 30, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce384b0f-bbc5-4d3e-a07a-0a2191041d55.pdf) |
| 2026-02-09 | [Unaudited Financial Results For Quarter Ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cce036e-13e1-40ca-97aa-d6c41ae681e8.pdf) |
| 2026-02-05 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/Mahickra_05022026192025_Intimation_of_Newspaper_ADVT_Corrigendum.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://archives.nseindia.com/annual_reports/SME_AR_27840_MAHICKRA_2024_2025_A_16837617_28082025193643.pdf) |
| 2024 | [Financial Year 2024](https://archives.nseindia.com/annual_reports/SME_AR_25347_MAHICKRA_2023_2024_30082024194319.pdf) |
| 2023 | [Financial Year 2023](https://archives.nseindia.com/annual_reports/SME_AR_22681_MAHICKRA_2022_2023_07082023174402_08072023180002.zip) |
| 2022 | [Financial Year 2022](https://archives.nseindia.com/annual_reports/SME_AR_21114_MAHICKRA_2021_2022_02092022180158_09022022190001.zip) |
| 2021 | [Financial Year 2021](https://archives.nseindia.com/annual_reports/SME_AR_18840_MAHICKRA_2020_2021_23082021191021_23082021200007.zip) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/532972/72714532972_01_12_21.pdf) |
| 2020 | [Financial Year 2020](https://archives.nseindia.com/annual_reports/SME_AR_16948_MAHICKRA_2019_2020_28082020175307_28082020180003.zip) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/532972/68163532972_11_12_20.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/532972/5329720319.pdf) |
| 2019 | [Financial Year 2019](https://archives.nseindia.com/annual_reports/SME_AR_16032_MAHICKRA_2018_2019_23092019155434_23092019160003.zip) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-28 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7eeb23bd-2d01-485b-a59c-02445c0ca32f.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Meeting Held On August 13 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1f54aa5-0dbb-4f6b-b69a-e6eefc58562a.pdf) |
| 2026-08-13 | [Unudited Financial Results For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acfcf2cc-994d-4a1b-b323-27e04066ab68.pdf) |
| 2026-08-08 | [Board Meeting Intimation for Meeting To Be Held On August 13 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87f01a0f-0744-4a4a-b3d3-6769fc10ec53.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4429b4a6-838b-497e-a733-789fd09d7b99.pdf) |
| 2026-05-30 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32eb5968-47ef-4d59-a494-7e72d6d3d305.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Meeting Held On May 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6bad6128-21e4-4e07-88ab-cb83f10ea3a6.pdf) |
| 2026-05-30 | [Audited Financial Results For Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a45d8e9-7876-459f-822a-2ccd0a3d68a8.pdf) |
| 2026-05-26 | [Board Meeting Intimation for Meeting To Be Held On May 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1ae0cb4-f19d-4c7c-ac8c-936645b92f84.pdf) |
| 2026-04-07 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f227da4-6406-4a34-8820-6e89ef9fc50b.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 2026-10-13T10:59:35.144Z.