---
title: "Aztecsoft Ltd(merged) (AZTECSOFT) — Share Price, Financials & Analysis"
symbol: "AZTECSOFT"
company: "Aztecsoft Ltd(merged)"
canonical: "https://tapetide.com/stocks/AZTECSOFT"
generated_at: "2026-10-13T11:02:32.705Z"
---

# Aztecsoft Ltd(merged) (AZTECSOFT)

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

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹3
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Company's working capital requirements have reduced from 59.2 days to 42.1 days

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 25% | -16% |
| revenue growth | 31% | 19% |

## 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 | 10360 | 11897 | 12529 | 14164 | 12494 | 13266 | 14534 | 17740 | 14916 | 16523 | 18725 | 25416 |
| Expenses | 9271 | 10772 | 11118 | 12599 | 11303 | 12019 | 13298 | 16066 | 13379 | 14693 | 16850 | 22703 |
| Operating Profit | 1089 | 1125 | 1411 | 1565 | 1191 | 1247 | 1236 | 1674 | 1537 | 1830 | 1875 | 2713 |
| OPM % | 11 | 9 | 11 | 11 | 10 | 9 | 8 | 9 | 10 | 11 | 10 | 11 |
| Other Income | 114 | 114 | 125 | 136 | 159 | 120 | 123 | 128 | 116 | 105 | 113 | -1 |
| Interest | 96 | 109 | 140 | 169 | 201 | 230 | 240 | 231 | 252 | 271 | 277 | 282 |
| Depreciation | 119 | 128 | 144 | 154 | 158 | 164 | 171 | 175 | 183 | 184 | 189 | 207 |
| Profit before tax | 988 | 1002 | 1252 | 1378 | 991 | 973 | 948 | 1396 | 1218 | 1480 | 1522 | 2223 |
| Tax % | 26 | 25 | 27 | 24 | 22 | 27 | 26 | 25 | 28 | 26 | 26 | 24 |
| Net Profit | 736 | 756 | 916 | 1053 | 771 | 715 | 704 | 1047 | 871 | 1091 | 1120 | 1684 |
| EPS in Rs | 8.22 | 8.48 | 10.31 | 11.86 | 8.68 | 8.05 | 7.93 | 11.79 | 9.81 | 12.29 | 12.62 | 18.97 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Sales | 198 | 261 | 253 | 332 |
| Expenses | 152 | 210 | 224 | 295 |
| Operating Profit | 46 | 51 | 29 | 37 |
| OPM % | 23 | 20 | 11 | 11 |
| Other Income | 2 | 4 | 4 | 5 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 10 | 12 | 14 | 15 |
| Profit before tax | 38 | 43 | 20 | 26 |
| Tax % | 4 | 11 | 11 | 18 |
| Net Profit | 37 | 39 | 17 | 22 |
| EPS in Rs | 8.36 | 8.62 | 3.86 | 4.74 |
| Dividend Payout % | 7 | 10 | 8 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Equity Capital | 13 | 13 | 14 | 14 |
| Reserves | 147 | 148 | 164 | 186 |
| Borrowings | 0 | 0 | 0 | 0 |
| Other Liabilities | 20 | 25 | 36 | 43 |
| Total Liabilities | 181 | 186 | 213 | 243 |
| Fixed Assets | 65 | 29 | 54 | 46 |
| CWIP | 3 | 16 | 1 | 9 |
| Investments | 36 | 46 | 53 | 82 |
| Other Assets | 77 | 95 | 104 | 106 |
| Total Assets | 181 | 186 | 213 | 243 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 29 | 37 | 38 | 36 |
| Cash from Investing Activity | -27 | -36 | -26 | -39 |
| Cash from Financing Activity | 2 | 1 | -5 | 1 |
| Net Cash Flow | 4 | 2 | 7 | -3 |
| Free Cash Flow | 10 | 8 | 15 | 22 |
| CFO/OP | 67 | 85 | 132 | 98 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Debtor Days | 80 | 76 | 86 | 72 |
| Cash Conversion Cycle | 80 | 76 | 86 | 72 |
| Working Capital Days | 77 | 75 | 61 | 42 |
| ROCE % | — | 27 | 12 | 14 |

## 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 | 53.05% | 52.91% | 52.91% | 52.91% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% |
| FIIs | 21.13% | 20.72% | 19.24% | 17.74% | 18.1% | 18.4% | 17.51% | 19.01% | 17.82% | 15.55% |
| DIIs | 5.03% | 6.11% | 7.21% | 10.87% | 11.13% | 10.21% | 11.23% | 10.29% | 12.01% | 14.83% |
| Government | 0.35% | 0.17% | 0.17% | 0.23% | 0.35% | 0.16% | 0.17% | 0.17% | 0.19% | 0.19% |
| Public | 20.44% | 20.1% | 20.47% | 18.26% | 17.53% | 18.33% | 18.19% | 17.57% | 17.01% | 16.45% |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.08% | 0.08% | 0.08% |
| No. of Shareholders | 109516 | 131620 | 180710 | 322928 | 355774 | 578252 | 719167 | 749319 | 855126 | 749373 |

### 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 | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% | 52.9% |
| FIIs | 17.51% | 18.53% | 19.05% | 18.89% | 19.01% | 18.21% | 18.23% | 18.11% | 17.82% | 17.54% | 16.11% | 15.55% |
| DIIs | 11.23% | 10.46% | 9.87% | 10.25% | 10.29% | 10.68% | 11.28% | 11.37% | 12.01% | 12.59% | 13.99% | 14.83% |
| Government | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
| Public | 18.19% | 17.93% | 18% | 17.77% | 17.57% | 17.94% | 17.33% | 17.35% | 17.01% | 16.69% | 16.76% | 16.45% |
| Others | 0% | 0% | 0% | 0% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
| No. of Shareholders | 719167 | 675193 | 699659 | 710646 | 749319 | 880587 | 824661 | 875901 | 855126 | 792131 | 795466 | 749373 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 51.04 | Buy |
| EMA (10) | 51.29 | Buy |
| SMA (20) | 52.22 | Sell |
| EMA (20) | 52.44 | Sell |
| SMA (50) | 55.05 | Sell |
| EMA (50) | 55 | Sell |
| SMA (100) | 57.75 | Sell |
| EMA (100) | 59.72 | Sell |
| SMA (200) | 75.87 | Sell |
| EMA (200) | 66.71 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.11 | Neutral |
| MACD (12,26,9) | -1.54 | Buy |
| Stochastic (14,3,3) | 35.96 | Neutral |
| ADX (14) | 16.07 | Neutral |
| Williams %R (14) | -55.02 | Neutral |
| ATR (14) | 4.11 | High Volatility |
| ROC (12) | 0.1 | Buy |
| Stoch RSI (14) | 98.54 | Sell |
| UO (7,14,28) | 43.39 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/592b058c-28c4-49ce-b5d6-b62c0b410875.pdf) |
| 2026-02-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b0949d8-d41f-41ef-ad40-8369d0da9858.pdf) |
| 2026-02-20 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96f9b7f9-c087-4b15-afcd-56408184dbaa.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1237caa-a850-4ddb-a1f2-395587845352.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ee5b68b-8f66-4705-9a84-9debaa9aae1d.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f72c420-c826-4b55-94bd-ceef4c991695.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66e2f3ca-27cf-437c-9b94-fd2d44aab585.pdf) |
| 2026-02-10 | [Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/926c1fe8-10dd-4223-a07d-2d0f7005a876.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c59f4f91-69ed-4be2-9374-d369ac3ba0f4.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cad37648-bec1-45de-9b36-2dd50d615a83.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92f76ec9-cc9b-4534-ad82-2cbd920a55b7.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b841ec3-461e-4368-8fb9-d95df5065e11.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45417344-b78e-4ff6-8085-7c17a0e906db.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500114/73425500114_05_07_22.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500114/68767500114.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500114/5001140320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500114/5001140319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500114/5001140318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/500114/5001140317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/500114/5001140316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ee5b68b-8f66-4705-9a84-9debaa9aae1d.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3a5d70a-78ac-4407-aed7-e06b93e17a8f.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91e6dc31-44a8-4bae-bea2-9f10e08c8dec.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0dac2b9f-43e8-45a3-b740-77eb219ad965.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd2cdcfd-40b3-41b2-a164-c70724772ee8.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b12f030-221a-4dd4-81b5-ce2723150a9a.pdf) |
| Aug 2024 | Concall - Aug 2024 |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b28c2675-91ae-4c88-b03b-5dfbbce6bfcb.pdf) |
| Jun 2024 | Concall - Jun 2024 |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25f69d4b-4b90-4b69-80cb-da8b38788d9d.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-09-29 | Credit rating update — ICRA |
| 2025-09-03 | Credit rating update — ICRA |
| 2025-09-02 | Credit rating update — CARE Ratings |
| 2025-08-07 | Credit rating update — CARE Ratings |
| 2025-07-30 | Credit rating update — CRISIL |
| 2025-07-30 | 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 2026-10-13T11:02:32.705Z.