---
title: "Cranes Software International Ltd (CRANESSOFT) — Share Price, Financials & Analysis"
symbol: "CRANESSOFT"
company: "Cranes Software International Ltd"
canonical: "https://tapetide.com/stocks/CRANESSOFT"
bse_code: "512093"
sector: "Information Technology"
industry: "IT - Software"
generated_at: "2026-10-13T11:02:30.483Z"
---

# Cranes Software International Ltd (CRANESSOFT)

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

## Company

- **BSE Code:** 512093
- **Sector:** Information Technology
- **Industry:** IT - Software
- **Macro Sector:** Information Technology
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** cranessoftware.com

## About

Incorporated in 1984, Cranes Software International Ltd is in the business of 
information technology and enabled 
services.[1]

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -34.9% over past five years.
- Promoter holding is low: 24.5%
- Contingent liabilities of Rs.40.5 Cr.
- Company has high debtors of 355 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 28% | 25% | 13% |
| revenue growth | -7% | 2% | -35% |

## 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 | 1.81 | 1.11 | 2.3 | 2.08 | 1.79 | 1.24 | 3.1 | 1.26 | 1.69 | 1.35 | 2.57 | 1.24 |
| Expenses | 2.48 | 2.84 | 6.93 | 3.53 | 2.8 | 1.6 | 3.46 | 3.06 | 2.28 | 2.1 | 2.86 | 2.45 |
| Operating Profit | -0.67 | -1.73 | -4.63 | -1.45 | -1.01 | -0.36 | -0.36 | -1.8 | -0.59 | -0.75 | -0.29 | -1.21 |
| OPM % | -37.02 | -155.86 | -201.3 | -69.71 | -56.42 | -29.03 | -11.61 | -142.86 | -34.91 | -55.56 | -11.28 | -97.58 |
| Other Income | -13.51 | 0.03 | 4.78 | 0.03 | 0.02 | 0.06 | -10.61 | 0.24 | -11.39 | 0.25 | 0.55 | 0.15 |
| Interest | 0.89 | 0.84 | -2.46 | 0.01 | 0.13 | 0.09 | 0.22 | 0.1 | 0.16 | 0.16 | 0.11 | 0.15 |
| Depreciation | 0.03 | 0.05 | 0.02 | 0.03 | 0.08 | 0.08 | -0.02 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 |
| Profit before tax | -15.1 | -2.59 | 2.59 | -1.46 | -1.2 | -0.47 | -11.17 | -1.7 | -12.18 | -0.7 | 0.13 | -1.24 |
| Tax % | 0.2 | -0.39 | 60.23 | 0 | 10 | 4.26 | -0.54 | 1.18 | 0.16 | 1.43 | -92.31 | 0.81 |
| Net Profit | -15.13 | -2.58 | 1.04 | -1.46 | -1.32 | -0.48 | -11.1 | -1.73 | -12.2 | -0.72 | 0.25 | -1.25 |
| EPS in Rs | -1.28 | -0.22 | 0.09 | -0.1 | -0.09 | -0.03 | -0.73 | -0.11 | -0.8 | -0.04 | 0.01 | -0.07 |

### 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 | 170 | 26 | 25 | 59 | 6 | 6 | 7 | 8 | 7 | 7 |
| Expenses | 335 | 37 | 27 | 81 | 38 | 63 | 14 | 11 | 10 | 10 |
| Operating Profit | -165 | -11 | -2 | -23 | -32 | -57 | -7 | -3 | -3 | -3 |
| OPM % | -97 | -43 | -9 | -39 | -554 | -889 | -103 | -38 | -49 | -41 |
| Other Income | 93 | 111 | 11 | 2 | 65 | 191 | -9 | -10 | -10 | -10 |
| Interest | 2 | 1 | 0 | 0 | 1 | 3 | 0 | 1 | 1 | 1 |
| Depreciation | 15 | 13 | 13 | 14 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -88 | 85 | -5 | -35 | 31 | 131 | -17 | -14 | -14 | -14 |
| Tax % | -11 | 124 | 597 | -43 | 148 | 175 | 10 | 0 | -1 | — |
| Net Profit | -78 | -21 | -35 | -20 | -15 | -98 | -18 | -14 | -14 | -14 |
| EPS in Rs | -6.64 | -1.77 | -3.01 | -1.67 | -1.27 | -8.28 | -1.55 | -0.95 | -0.75 | -0.9 |
| 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 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 30 | 38 |
| Reserves | -603 | -679 | -700 | -735 | -755 | -788 | -907 | -911 | -905 | -899 |
| Borrowings | 17 | 0 | 899 | 899 | 896 | 869 | 751 | 759 | 749 | 739 |
| Other Liabilities | 1520 | 1217 | 237 | 214 | 223 | 196 | 146 | 142 | 141 | 146 |
| Total Liabilities | 957 | 562 | 460 | 402 | 388 | 302 | 14 | 13 | 15 | 25 |
| Fixed Assets | 255 | 77 | 60 | 50 | 40 | 22 | 1 | 1 | 1 | 1 |
| CWIP | 225 | 50 | 50 | 50 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 478 | 434 | 349 | 301 | 347 | 280 | 13 | 13 | 15 | 24 |
| Total Assets | 957 | 562 | 460 | 402 | 388 | 302 | 14 | 13 | 15 | 25 |

### 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 | -10 | -218 | -110 | -11 | 4 | -65 | -5 | -15 | -5 | -2 |
| Cash from Investing Activity | -2 | 233 | 25 | 11 | -2 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 4 | -18 | 84 | 0 | 0 | 64 | 4 | 15 | 5 | 2 |
| Net Cash Flow | -8 | -3 | 0 | 0 | 1 | -1 | -1 | -1 | 0 | 0 |
| Free Cash Flow | -12 | 15 | -91 | 0 | 0 | -65 | -5 | -16 | -5 | -2 |
| CFO/OP | -252 | 132 | 994 | 475 | -16 | 200 | 8 | 207 | 145 | 43 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 90 | 77 | 767 | 476 | 344 | 480 | 506 | 224 | 262 | 355 |
| Inventory Days | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | 26 | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 68 | 77 | 767 | 476 | 344 | 480 | 506 | 224 | 262 | 355 |
| Working Capital Days | -1621 | -2519 | -15380 | -15696 | -6595 | -64330 | -50646 | -45561 | -38929 | -46157 |
| ROCE % | -2 | — | — | -2 | -19 | 24 | — | — | — | — |

## 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 | 6.38% | 6.38% | 6.38% | 6.38% | 6.38% | 5.99% | 5.99% | 5.99% | 4.64% | 4.64% | 24.51% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6.29% |
| DIIs | 14.79% | 14.08% | 14.08% | 14.08% | 14.08% | 14.08% | 14.08% | 14.08% | 10.91% | 10.91% | 8.64% |
| Public | 78.83% | 79.53% | 79.53% | 79.53% | 79.53% | 79.93% | 79.93% | 79.93% | 84.45% | 84.45% | 60.57% |
| No. of Shareholders | 34812 | 33302 | 32645 | 31982 | 31410 | 41102 | 38390 | 43266 | 43894 | 40694 | 40286 |

### 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 | 5.99% | 5.99% | 5.99% | 5.99% | 4.64% | 4.64% | 4.64% | 4.64% | 4.64% | 4.64% | 4.64% | 24.51% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6.29% |
| DIIs | 14.08% | 14.08% | 14.08% | 14.08% | 10.91% | 10.91% | 10.91% | 10.91% | 10.91% | 10.91% | 10.91% | 8.64% |
| Public | 79.93% | 79.93% | 79.93% | 79.92% | 84.45% | 84.46% | 84.45% | 84.45% | 84.45% | 84.44% | 84.45% | 60.57% |
| No. of Shareholders | 42391 | 43579 | 43266 | 43090 | 42625 | 43862 | 43894 | 43532 | 42289 | 41461 | 40694 | 40286 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 3 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 6.5 | Sell |
| EMA (10) | 6.27 | Sell |
| SMA (20) | 6.22 | Sell |
| EMA (20) | 6.13 | Sell |
| SMA (50) | 5.28 | Buy |
| EMA (50) | 5.46 | Buy |
| SMA (100) | 4.43 | Buy |
| EMA (100) | 4.85 | Buy |
| SMA (200) | 4.23 | Buy |
| EMA (200) | 4.44 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.44 | Neutral |
| MACD (12,26,9) | 0.28 | Sell |
| Stochastic (14,3,3) | 26.47 | Neutral |
| ADX (14) | 34.13 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.25 | High Volatility |
| ROC (12) | -6.6 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 25.48 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-10-09 | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50fe45b5-d641-4b40-b1aa-21ad40ff0127.pdf) |
| 2026-09-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f62220ae-6cca-4f47-95c4-07057e4537f2.pdf) |
| 2026-09-10 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bdbbc452-8bb2-44c8-a938-1b4235a709ab.pdf) |
| 2026-09-10 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97f30302-1080-461d-bcb8-f9209de953b4.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8010cc0c-bfa6-415a-9866-620f2bb79302.pdf) |
| 2026-09-07 | [AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88de0011-63b0-4dd0-b477-2e432f452768.pdf) |
| 2026-09-07 | [Book Closure For AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8e5c0dc-2ce9-4dd2-8218-803e168b3211.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b32e5be-829c-4e61-a9ed-c5cd076f56be.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a41dc092-f74a-49d4-a6ca-f207d078507e.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31caf300-fad9-4a17-a2f2-8ecc5675e1ff.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8010cc0c-bfa6-415a-9866-620f2bb79302.pdf) |
| 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/992e889e-defc-4846-8e00-002af1a8ac74.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7516e00-76e5-47a6-a324-6ec93d760443.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e49b23b-fc93-4bbf-9e23-de57f44d5fb9.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/512093/77250512093.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/512093/72481512093.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/512093/67954512093.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/512093/5120930319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/512093/5120930318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/512093/5120930317.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 2026-10-13T11:02:30.483Z.