---
title: "Gracious Software Ltd (780002) — Share Price, Financials & Analysis"
symbol: "780002"
company: "Gracious Software Ltd"
canonical: "https://tapetide.com/stocks/780002"
bse_code: "780002"
generated_at: "2026-10-13T10:58:45.255Z"
---

# Gracious Software Ltd (780002)

Canonical page: https://tapetide.com/stocks/780002

## Company

- **BSE Code:** 780002
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gracsoft.com

## About

Gracious Software is engaged in the businesss of IT services.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of -0.08% over last 3 years.
- Company has high debtors of 3,650 days.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| revenue growth | -11% | -28% |

## 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 | 227.42 | 166.43 | 180.08 | 227.7 | 221.23 | 232.26 | 197.71 | 209.92 | 251.65 | 204.54 | 226.76 | 264.27 |
| Expenses | 216.05 | 157.99 | 174.97 | 222.48 | 212.85 | 222.99 | 189.44 | 203.04 | 240.91 | 194.8 | 217.7 | 255 |
| Operating Profit | 11.37 | 8.44 | 5.11 | 5.22 | 8.38 | 9.27 | 8.27 | 6.88 | 10.74 | 9.74 | 9.06 | 9.27 |
| OPM % | 5 | 5.07 | 2.84 | 2.29 | 3.79 | 3.99 | 4.18 | 3.28 | 4.27 | 4.76 | 4 | 3.51 |
| Other Income | 7.55 | 1.32 | 1.49 | 2.85 | 1.44 | 2.03 | 2.72 | 3.52 | 2.27 | 1.92 | 1.75 | 2.69 |
| Interest | 2.64 | 2.59 | 2.47 | 2.65 | 2.94 | 2.62 | 2.83 | 2.5 | 3.07 | 3.04 | 2.71 | 2.68 |
| Depreciation | 3.55 | 2.12 | 2.12 | 2.19 | 3.33 | 2.29 | 2.31 | 2.39 | 3.51 | 2.39 | 2.37 | 2.37 |
| Profit before tax | 12.73 | 5.05 | 2.01 | 3.23 | 3.55 | 6.39 | 5.85 | 5.51 | 6.43 | 6.23 | 5.73 | 6.91 |
| Tax % | 12.25 | 24.75 | 35.32 | 28.17 | 12.68 | 24.88 | 29.23 | 23.77 | 38.26 | 27.13 | 27.75 | 28.65 |
| Net Profit | 11.17 | 3.8 | 1.3 | 2.32 | 3.1 | 4.8 | 4.14 | 4.2 | 3.97 | 4.54 | 4.14 | 4.93 |
| EPS in Rs | 2.82 | 0.96 | 0.33 | 0.59 | 0.78 | 1.21 | 1.05 | 1.06 | 1 | 1.15 | 1.05 | 1.25 |

### Profit & Loss

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.28 | 1.53 | 1.32 | 1.36 | 0.82 | 0 | 0 | 0 | 0.18 | 0.16 |
| Expenses | 1.27 | 1.49 | 1.3 | 1.38 | 0.92 | 0.21 | 0.15 | 0.18 | 0.18 | 0.15 |
| Operating Profit | 0.01 | 0.04 | 0.02 | -0.02 | -0.1 | -0.21 | -0.15 | -0.18 | 0 | 0.01 |
| OPM % | 0.78 | 2.61 | 1.52 | -1.47 | -12.2 | — | 6.25 | -20 | 0 | 6.25 |
| Other Income | 0.01 | 0.03 | 0.04 | 0.04 | 0.15 | 0.23 | 0.16 | 0.15 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.02 | 0.07 | 0.06 | 0.02 | 0.05 | 0.02 | 0.01 | -0.03 | 0 | 0.01 |
| Tax % | 50 | 28.57 | 33.33 | 50 | 40 | 0 | 0 | 0 | — | 0 |
| Net Profit | 0.01 | 0.04 | 0.04 | 0.01 | 0.04 | 0.01 | 0.01 | -0.03 | 0 | 0 |
| EPS in Rs | 0.01 | 0.03 | 0.03 | 0.01 | 0.03 | 0.01 | 0.01 | -0.02 | 0 | 0 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |

### Balance Sheet

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 |
| Reserves | 0.02 | 0.06 | 0.1 | 0.12 | 0.16 | 0.17 | 0.17 | 0.15 | 0.15 | 0.15 |
| Borrowings | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 5.8 | 5.51 | 5.71 | 5.94 | 8.97 | 8.98 | 9.35 | 9 | 8.17 | 8.2 |
| Total Liabilities | 19.12 | 18.07 | 18.31 | 18.56 | 21.63 | 21.65 | 22.02 | 21.65 | 20.82 | 20.85 |
| Fixed Assets | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5.11 | 5.11 | 5.11 | 5.11 | 4.72 | 4.72 | 4.72 | 4.72 | 4.72 | 4.72 |
| Other Assets | 14 | 12.95 | 13.2 | 13.45 | 16.91 | 16.93 | 17.3 | 16.93 | 16.1 | 16.13 |
| Total Assets | 19.12 | 18.07 | 18.31 | 18.56 | 21.63 | 21.65 | 22.02 | 21.65 | 20.82 | 20.85 |

### Cash Flow

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.53 | -0.63 | -0.46 | -0.06 | 3.17 | -0.04 | 0.22 | -0.47 | -0.41 | -0.33 |
| Cash from Investing Activity | -10.54 | 1.64 | 0.45 | -0.13 | -3.02 | -0.12 | -0.21 | 0.54 | 0.6 | 0.36 |
| Cash from Financing Activity | 11.14 | -0.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0.07 | 0.15 | -0.02 | -0.18 | 0.15 | -0.16 | 0.01 | 0.07 | 0.19 | 0.03 |
| Free Cash Flow | -0.53 | -0.63 | -0.46 | -0.06 | 3.17 | -0.04 | 0.22 | -0.47 | -0.41 | -0.33 |
| CFO/OP | -5300 | -1550 | -2300 | 200 | -3170 | 19 | -147 | 250 | — | -3300 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 248.09 | 291.05 | 530.91 | 598.49 | 921.4 | — | — | — | 2798.33 | 3650 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Cash Conversion Cycle | 248.09 | 291.05 | 530.91 | 598.49 | 921.4 | — | — | — | 2798.33 | 3650 |
| Working Capital Days | 1950.47 | 1545.88 | 1675.68 | 1690.81 | 4144.09 | — | — | — | 16587.22 | 18592.19 |
| ROCE % | 0.23 | 0.54 | 0.48 | 0.16 | 0.4 | 0.16 | 0.08 | -0.24 | 0 | 0.08 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.27% |
| Public | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.73% |
| No. of Shareholders | 214 | 218 | 213 | 218 | 218 | 218 | 218 | 218 |

### Quarterly

| Category | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.28% | 25.27% | 25.27% | 25.27% |
| Public | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.73% | 74.73% | 74.73% |
| No. of Shareholders | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 94.95 | Sell |
| EMA (10) | 95.16 | Sell |
| SMA (20) | 101.81 | Sell |
| EMA (20) | 99.73 | Sell |
| SMA (50) | 110.61 | Sell |
| EMA (50) | 108.12 | Sell |
| SMA (100) | 118.61 | Sell |
| EMA (100) | 115.2 | Sell |
| SMA (200) | 124.77 | Sell |
| EMA (200) | 127.41 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.56 | Buy |
| MACD (12,26,9) | -5.7 | Sell |
| Stochastic (14,3,3) | 12.89 | Buy |
| ADX (14) | 28.27 | Buy |
| Williams %R (14) | -86.76 | Buy |
| ATR (14) | 6.23 | High Volatility |
| ROC (12) | -13.72 | Sell |
| Stoch RSI (14) | 25.48 | Neutral |
| UO (7,14,28) | 30.37 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-01-30 | [Board Meeting Outcome for Outcome Of The Board Meeting Dated 30Th January, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/655b8de2-20b1-4cfd-9164-09fb84e202f6.pdf) |
| 2026-01-30 | [Un-Audited Financial Results For The Quarter & Nine Months Period Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b400ce51-4404-490f-a07a-1d4d0666ffc6.pdf) |
| 2026-01-23 | [Board Meeting Intimation for For Consideration And Approval Of The Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2cd488f-3012-49a1-9e35-31f40ef9859f.pdf) |
| 2026-01-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c38f3cc-036b-4b8d-bba0-99e0deaa0265.pdf) |
| 2025-12-28 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7df1408-b9f1-4a31-8475-aae4feb97bfa.pdf) |
| 2024-08-21 | [Board Meeting Intimation for Consider And Approve Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=068ecb06-820c-4481-804d-2993b8a22c29.pdf) |
| 2024-08-21 | [Board Meeting Intimation for Consider And Approve Annual General Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/068ecb06-820c-4481-804d-2993b8a22c29.pdf) |
| 2024-07-01 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1070a8fb-03c5-4889-883c-3d166ce047e6.pdf) |
| 2024-07-01 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1070a8fb-03c5-4889-883c-3d166ce047e6.pdf) |
| 2024-05-22 | [Board Meeting Intimation for Consider And Approve The Audited Financial Results For The Half Year And Year Ended On 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7084364f-3b48-4744-a7be-a9be45cdbbfd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6686b817-0b71-4bf0-bfb5-c73ea97aa1f9.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b8a19d2-ab0e-4eea-934d-3813fee848ea.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf07eb7e-822b-43a9-aa1f-a656e439b886.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/533014/76033533014.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/780002/72625780002.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/533014/71196533014.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/780002/68383780002.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/533014/65001533014.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/780002/7800020319.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/533014/5330140319.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-02-21 | Credit rating update — Acuité |
| 2023-11-30 | Credit rating update — Acuité |
| 2022-09-02 | Credit rating update — Acuité |
| 2021-10-13 | Credit rating update — CARE Ratings |
| 2021-06-23 | Credit rating update — Acuité |
| 2020-08-13 | 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 2026-10-13T10:58:45.255Z.