---
title: "Enfuse Solutions Ltd (ENFUSE) — Share Price, Financials & Analysis"
symbol: "ENFUSE"
company: "Enfuse Solutions Ltd"
canonical: "https://tapetide.com/stocks/ENFUSE"
isin: "INE0S3X01014"
nse_symbol: "ENFUSE"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 139.79
generated_at: "2026-09-13T20:39:27.036Z"
---

# Enfuse Solutions Ltd (ENFUSE)

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

## Company

- **NSE Symbol:** ENFUSE
- **ISIN:** INE0S3X01014
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2024-03-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** enfuse-solutions.com

## About

Incorporated in 2017, Enfuse Solutions Ltd is an information technology company which provides digital services globally[1]

## Latest Price

- **Price:** ₹158
- **Change:** 0 (0%)
- **Open:** ₹158
- **Day High:** ₹158
- **Day Low:** ₹158
- **Previous Close:** ₹158
- **Volume:** 600
- **As Of:** 2026-09-09T06:23:04+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:54.899048Z.

- **Market Cap:** ₹139.79 Cr
- **Classification:** SME
- **P/E (reported):** -9.1
- **Book Value:** ₹22.26
- **Price to Book:** 7.1
- **Dividend Yield:** 0%
- **ROE:** 9.26%
- **ROCE:** 18.13%
- **Debt to Equity:** 1.45
- **Revenue (yearly):** ₹58.12 Cr
- **Net Income:** ₹-14.84 Cr
- **EBITDA:** ₹-6.45 Cr
- **52-Week High:** ₹260
- **52-Week Low:** ₹148
- **RSI (14):** 45.79

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 30.5 | 9% |
| growth | 62.79 | 9% |
| momentum | 36.5 | 12% |
| ownership | 49.3 | 24% |
| quality | 73.81 | 22% |
| valuation | 27.17 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Debtor days have improved from 75.9 to 39.2 days.

### Weaknesses

- Stock is trading at 7.12 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -8.50% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -538.38% | -528.99% | -107.56% |
| ebitda margin growth | 33.33% | -141.29% | — | — |
| net income growth | 31.25% | -563.75% | — | — |
| revenue growth | -8.46% | 31.2% | 29% | 27% |
| roce | 32.16% | — | — | — |
| roe | 31.48% | — | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 15 | 25 | 21 | 22 | 31 | 25 |
| Expenses | 12 | 19 | 16 | 17 | 36 | 26 |
| Operating Profit | 3 | 6 | 5 | 5 | -5 | -2 |
| OPM % | 19 | 25 | 25 | 25 | -14 | -8 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 1 | 1 | 2 | 1 | 2 |
| Depreciation | 0 | 1 | 2 | 2 | 3 | 4 |
| Profit before tax | 2 | 4 | 3 | 2 | -9 | -7 |
| Tax % | 28 | 17 | 26 | 51 | -2 | 6 |
| Net Profit | 2 | 4 | 2 | 1 | -9 | -7 |
| EPS in Rs | 1600 | 4.25 | 2.62 | 1.04 | -9.63 | -7.8 |

### 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 | 17 | 26 | 26 | 40 | 43 | 56 |
| Expenses | 15 | 22 | 21 | 31 | 33 | 62 |
| Operating Profit | 2 | 3 | 5 | 9 | 11 | -6 |
| OPM % | 13 | 13 | 19 | 23 | 25 | -12 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 1 | 2 | 3 |
| Depreciation | 0 | 1 | 1 | 1 | 4 | 7 |
| Profit before tax | 2 | 3 | 4 | 7 | 5 | -15 |
| Tax % | 26 | 26 | 21 | 20 | 35 | 1 |
| Net Profit | 2 | 2 | 3 | 5 | 3 | -15 |
| EPS in Rs | 1550 | 1980 | 3190 | 6.06 | 3.67 | -17.43 |
| 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 | 0.01 | 0.01 | 0.01 | 9 | 9 | 9 |
| Reserves | 2 | 4 | 7 | 23 | 26 | 11 |
| Borrowings | 0 | 2 | 2 | 9 | 25 | 29 |
| Other Liabilities | 3 | 3 | 2 | 6 | 8 | 6 |
| Total Liabilities | 5 | 9 | 12 | 47 | 68 | 55 |
| Fixed Assets | 0 | 1 | 6 | 14 | 18 | 16 |
| CWIP | 2 | 4 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 | 5 |
| Other Assets | 3 | 3 | 5 | 33 | 45 | 34 |
| Total Assets | 5 | 9 | 12 | 47 | 68 | 55 |

### 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 | 2 | 1 | 6 | -4 | 6 |
| Cash from Investing Activity | -2 | -4 | -1 | -27 | -13 | -4 |
| Cash from Financing Activity | 0 | 2 | 0 | 25 | 14 | 1 |
| Net Cash Flow | 0 | 0 | 0 | 4 | -3 | 2 |
| Free Cash Flow | 0 | -2 | 0 | -3 | -17 | 1 |
| CFO/OP | 122 | 79 | 45 | 79 | -21 | -100 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 27 | 13 | 52 | 82 | 107 | 39 |
| Cash Conversion Cycle | 27 | 13 | 52 | 82 | 107 | 39 |
| Working Capital Days | -13 | -13 | 3 | 16 | 66 | -39 |
| ROCE % | — | 79 | 55 | 31 | 15 | -22 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.58% | 73.58% | 73.58% | 73.58% | 73.58% | 70.68% | 70.62% | 70.62% | 70.62% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 2.1% | 2.14% | 2.1% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 13.54% | 18.66% | 20.3% | 20.84% | 21.12% | 21.05% | 20.16% | 20.11% | 20.39% |
| Others | 12.88% | 7.76% | 6.12% | 5.58% | 5.3% | 8.27% | 7.11% | 7.13% | 6.9% |
| No. of Shareholders | 8 | 621 | 621 | 575 | 504 | 532 | 497 | 488 | 503 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 3 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 159.28 | Sell |
| EMA (10) | 159.1 | Sell |
| SMA (20) | 161.4 | Sell |
| EMA (20) | 160.67 | Sell |
| SMA (50) | 163.7 | Sell |
| EMA (50) | 165.31 | Sell |
| SMA (100) | 173.21 | Sell |
| EMA (100) | 173.88 | Sell |
| SMA (200) | 191.87 | Sell |
| EMA (200) | 188.35 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.79 | Neutral |
| MACD (12,26,9) | -2.14 | Sell |
| Stochastic (14,3,3) | 16.19 | Buy |
| ADX (14) | 27.95 | Buy |
| Williams %R (14) | -85.71 | Buy |
| ATR (14) | 7.69 | High Volatility |
| ROC (12) | 3.27 | Buy |
| Stoch RSI (14) | 77.11 | Neutral |
| UO (7,14,28) | 20.36 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 26 February 2026 - The Board of the Company at its meeting held today i.e February 18, 2026 has Inter alia been approved and taken on record the following:1.Approved … | [Outcome of Board Meeting 26 February 2026 - The Board of the Company at its meeting held today i.e February 18, 2026 has Inter alia been approved and taken on record the following:1.Approved …](https://nsearchives.nseindia.com/corporate/ENFUSE_26022026160638_Outcome_of_BM_18022026.pdf) |
| 25 May - Enfuse Solutions Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. | [Outcome of Board Meeting 25 May - Enfuse Solutions Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/ENFUSE_25052026192004_Outcome_upload_to_NSC.pdf) |
| 25 May - EnFuse Solutions FY25-26 presentation reports 33% consolidated revenue growth to ₹5,811.90 lakh. | [Updates 25 May - EnFuse Solutions FY25-26 presentation reports 33% consolidated revenue growth to ₹5,811.90 lakh.](https://nsearchives.nseindia.com/corporate/ENFUSE_25052026200223_Financial_Presentation.pdf) |
| 25 Jun - Enfuse responds to NSE queries on financial results filing, audit report, and IPO proceeds utilization certificate. | [Reply to Clarification- Financial results 25 Jun - Enfuse responds to NSE queries on financial results filing, audit report, and IPO proceeds utilization certificate.](https://nsearchives.nseindia.com/corporate/ENFUSE_02082025130848_Response_Letter_Final.pdf) |
| 24 Jul - Enfuse Solutions Limited has informed regarding Outcome of Board Meeting held on July 24, 2026. | [Outcome of Board Meeting 24 Jul - Enfuse Solutions Limited has informed regarding Outcome of Board Meeting held on July 24, 2026.](https://nsearchives.nseindia.com/corporate/ENFUSE_24072026170539_Outcome.pdf) |
| 23 April 2026 - Enfuse Solutions Limited has informed regarding Outcome of Board Meeting held on April 23, 2026. | [Outcome of Board Meeting 23 April 2026 - Enfuse Solutions Limited has informed regarding Outcome of Board Meeting held on April 23, 2026.](https://nsearchives.nseindia.com/corporate/ENFUSE_23042026170111_Outcome_of_meeting_of_the_board_of_Directors_of_the_company_0001.pdf) |
| 20 November 2025 - Enfuse Solutions Limited has informed regarding Resignation of Mr Gaurav Maheshwari as Independent Director of the company w.e.f. November 19, 2025. | [Resignation 20 November 2025 - Enfuse Solutions Limited has informed regarding Resignation of Mr Gaurav Maheshwari as Independent Director of the company w.e.f. November 19, 2025.](https://nsearchives.nseindia.com/corporate/ENFUSE_20112025154541_ResignationLetter19112025.pdf) |
| 18 February 2026 - Enfuse Solutions Limited has informed regarding Outcome of Board Meeting held on February 18, 2026. | [Outcome of Board Meeting 18 February 2026 - Enfuse Solutions Limited has informed regarding Outcome of Board Meeting held on February 18, 2026.](https://nsearchives.nseindia.com/corporate/ENFUSE_18022026132957_Outcome_of_the_meeting_18th_Feb_2026.pdf) |
| 14 April 2026 - Compliance certificate for quarter ended 31 March 2026 confirms SDD in place and no noncompliance. | [Structural Digital Database 14 April 2026 - Compliance certificate for quarter ended 31 March 2026 confirms SDD in place and no noncompliance.](https://nsearchives.nseindia.com/corporate/ENFUSE_14042026135110_SDD_Certificate.pdf) |
| 14 April 2026 - Compliance certificate for quarter ended 31 December 2025 confirms SDD and one UPSI event captured. | [Structural Digital Database 14 April 2026 - Compliance certificate for quarter ended 31 December 2025 confirms SDD and one UPSI event captured.](https://nsearchives.nseindia.com/corporate/ENFUSE_14042026154512_SDD_Complaice_Dec-25.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31211_ENFUSE_2025_2026_A_4630993_03092026141215.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28347_ENFUSE_2024_2025_A_5206726_03092025200740.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25401_ENFUSE_2023_2024_02092024124038.pdf) |

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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 2026-09-13T20:39:27.036Z.