---
title: "Dove Soft Ltd (544975) — Share Price, Financials & Analysis"
symbol: "544975"
company: "Dove Soft Ltd"
canonical: "https://tapetide.com/stocks/544975"
bse_code: "544975"
sector: "Information Technology"
industry: "IT - Services"
generated_at: "2026-10-13T10:59:33.390Z"
---

# Dove Soft Ltd (544975)

Canonical page: https://tapetide.com/stocks/544975

## Company

- **BSE Code:** 544975
- **Sector:** Information Technology
- **Industry:** IT - Services
- **Macro Sector:** Information Technology
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in August 2011, Dove 
Soft Limited provides integrated cloud-communication solutions through SMS, 
RCS, Voice, WhatsApp, Email, and other 
digital channels.[1]

## Latest Price

- **Price:** ₹90.25
- **Change:** -4.7 (-4.95%)
- **Open:** ₹90.25
- **Day High:** ₹90.25
- **Day Low:** ₹90.25
- **Previous Close:** ₹94.95
- **Volume:** 3600
- **As Of:** 2026-10-13T07:03:34+00:00

## Key Insights

### Strengths

- Company has delivered good profit growth of 104% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.9%

### Weaknesses

- Company has high debtors of 183 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 44% | 73% | 104% |
| revenue growth | 46% | 55% | 65% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 23 | 36 | 73 | 120 | 188 | 274 |
| Expenses | 20 | 33 | 66 | 105 | 163 | 241 |
| Operating Profit | 2 | 2 | 7 | 15 | 24 | 33 |
| OPM % | 11 | 6 | 10 | 12 | 13 | 12 |
| Other Income | 0 | 2 | 1 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 3 | 7 | 14 | 22 | 30 |
| Tax % | 22 | 25 | 30 | 25 | 25 | 23 |
| Net Profit | 1 | 2 | 5 | 10 | 17 | 23 |
| EPS in Rs | 175.53 | 335.58 | 2.61 | 5.6 | 8.48 | 12.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.04 | 0.07 | 18 | 18 | 19 | 19 |
| Reserves | 4 | 10 | 5 | 15 | 47 | 70 |
| Borrowings | 3 | 3 | 4 | 3 | 9 | 9 |
| Other Liabilities | 7 | 11 | 21 | 49 | 34 | 66 |
| Total Liabilities | 13 | 24 | 48 | 86 | 109 | 164 |
| Fixed Assets | 2 | 6 | 2 | 7 | 6 | 5 |
| CWIP | 1 | 0 | 13 | 8 | 0 | 3 |
| Investments | 0 | 2 | 1 | 0 | 10 | 10 |
| Other Assets | 10 | 16 | 32 | 71 | 92 | 147 |
| Total Assets | 13 | 24 | 48 | 86 | 109 | 164 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | 1 | 2 | 0 | -17 | 4 |
| Cash from Investing Activity | -1 | -5 | -10 | 0 | -3 | -3 |
| Cash from Financing Activity | -1 | 4 | 7 | -1 | 22 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 | 0 |
| Free Cash Flow | 1 | 0 | -8 | 1 | -14 | 0 |
| CFO/OP | 91 | 77 | 54 | 28 | -49 | 34 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 124 | 132 | 134 | 208 | 169 | 183 |
| Inventory Days | — | — | 0 | — | — | — |
| Cash Conversion Cycle | 124 | 132 | 134 | 208 | 169 | 183 |
| Working Capital Days | 22 | 7 | 22 | 53 | 105 | 95 |
| ROCE % | — | 16 | 35 | 44 | 42 | 37 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 0 / 19 / 0

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | — | Neutral |
| EMA (10) | — | Neutral |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | — | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | — | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | — | Neutral |
| ATR (14) | — | Neutral |
| ROC (12) | — | Neutral |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

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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 2026-10-13T10:59:33.390Z.