---
title: "TCS e-Serve Ltd (Merged) (E-SERVEINT) — Share Price, Financials & Analysis"
symbol: "E-SERVEINT"
company: "TCS e-Serve Ltd (Merged)"
canonical: "https://tapetide.com/stocks/E-SERVEINT"
generated_at: "2026-10-13T11:01:36.012Z"
---

# TCS e-Serve Ltd (Merged) (E-SERVEINT)

Canonical page: https://tapetide.com/stocks/E-SERVEINT

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** eservenet.com

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.6%

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 18% | 5% |
| revenue growth | 25% | 16% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- |
| Sales | 1272 | 1518 | 1701 | 1920 | 2396 |
| Expenses | 1135 | 898 | 960 | 1128 | 1360 |
| Operating Profit | 137 | 620 | 741 | 792 | 1036 |
| OPM % | 11 | 41 | 44 | 41 | 43 |
| Other Income | 71 | 74 | 164 | 175 | 73 |
| Interest | 4 | 1 | 0 | 0 | 0 |
| Depreciation | 46 | 55 | 66 | 67 | 68 |
| Profit before tax | 158 | 638 | 838 | 900 | 1041 |
| Tax % | 48 | -3 | 22 | 28 | 27 |
| Net Profit | 82 | 659 | 650 | 644 | 764 |
| Dividend Payout % | 52 | 3 | 6 | 6 | 8 |

### Balance Sheet

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 12 |
| Reserves | 582 | 1301 | 1887 | 2324 | 3119 |
| Borrowings | 0 | 1 | 0 | 1 | 0 |
| Other Liabilities | 285 | 319 | 218 | 311 | 296 |
| Total Liabilities | 879 | 1633 | 2117 | 2649 | 3427 |
| Fixed Assets | 99 | 94 | 143 | 129 | 52 |
| CWIP | 7 | 59 | 6 | 1 | 0 |
| Investments | 3 | 91 | 236 | 234 | 268 |
| Other Assets | 770 | 1388 | 1732 | 2284 | 3106 |
| Total Assets | 879 | 1633 | 2117 | 2649 | 3427 |

### Cash Flow

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 25 | 360 | 505 | 666 | 584 |
| Cash from Investing Activity | 76 | -405 | -448 | -662 | -545 |
| Cash from Financing Activity | -66 | 1 | -23 | -43 | -44 |
| Net Cash Flow | 35 | -44 | 34 | -38 | -5 |
| Free Cash Flow | -28 | 278 | 438 | 617 | 529 |
| CFO/OP | 135 | 100 | 100 | 94 | 89 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 46 | 49 | 60 | 69 | 61 |
| Cash Conversion Cycle | 46 | 49 | 60 | 69 | 61 |
| Working Capital Days | 85 | 153 | 103 | 102 | 138 |
| ROCE % | — | 67 | 52 | 42 | 38 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 27.25 | Sell |
| EMA (10) | 27.28 | Sell |
| SMA (20) | 27.87 | Sell |
| EMA (20) | 27.78 | Sell |
| SMA (50) | 29.13 | Sell |
| EMA (50) | 28.45 | Sell |
| SMA (100) | 28.76 | Sell |
| EMA (100) | 28.86 | Sell |
| SMA (200) | 29.43 | Sell |
| EMA (200) | 29.22 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.56 | Neutral |
| MACD (12,26,9) | -0.59 | Sell |
| Stochastic (14,3,3) | 36.97 | Neutral |
| ADX (14) | 14.71 | Neutral |
| Williams %R (14) | -66.87 | Neutral |
| ATR (14) | 1.55 | High Volatility |
| ROC (12) | -6.48 | Sell |
| Stoch RSI (14) | 28.49 | Neutral |
| UO (7,14,28) | 47.18 | 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 2026-10-13T11:01:36.012Z.