---
title: "Dion Global Solutions Ltd (FORTISFIN) — Share Price, Financials & Analysis"
symbol: "FORTISFIN"
company: "Dion Global Solutions Ltd"
canonical: "https://tapetide.com/stocks/FORTISFIN"
isin: "INE991C01034"
bse_code: "526927"
sector: "Information Technology"
industry: "IT - Software"
generated_at: "2026-10-13T10:59:30.532Z"
---

# Dion Global Solutions Ltd (FORTISFIN)

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

## Company

- **BSE Code:** 526927
- **ISIN:** INE991C01034
- **Sector:** Information Technology
- **Industry:** IT - Software
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** dionglobal.com

## About

Dion Global Solutions is engaged in The Primary object of the Company is to develop software solutions for the global financial services industry across the entire transaction lifecycle.

## Latest Price

- **Price:** ₹2.25
- **Change:** 0 (0%)
- **Open:** ₹2.25
- **Day High:** ₹2.25
- **Day Low:** ₹2.25
- **Previous Close:** ₹2.25
- **Volume:** 1029
- **As Of:** 2022-08-20T22:29:55+00:00

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.35% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -6% | 34% | 15% |
| revenue growth | 16% | 9% | 8% |

## 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 | 2.27 | 3.06 | 3.16 | 2.65 | 2.06 | 2.4 | 3.37 | 2.77 | 2.99 | 3.74 | 2.77 | 2.8 |
| Expenses | 3.27 | 2.99 | 2.74 | 3 | 2.79 | 2.9 | 2.83 | 3.22 | 2.98 | 3.06 | 2.98 | 4.49 |
| Operating Profit | -1 | 0.07 | 0.42 | -0.35 | -0.73 | -0.5 | 0.54 | -0.45 | 0.01 | 0.68 | -0.21 | -1.69 |
| OPM % | -44.05 | 2.29 | 13.29 | -13.21 | -35.44 | -20.83 | 16.02 | -16.25 | 0.33 | 18.18 | -7.58 | -60.36 |
| Other Income | 0.39 | 0.04 | 0.05 | 0.02 | 0.04 | 0.03 | 0.06 | 0.02 | 0.03 | 0.03 | 0.07 | 0.03 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.68 | 0.04 | 0.4 | -0.35 | -0.71 | -0.49 | 0.58 | -0.45 | 0.02 | 0.69 | -0.16 | -1.68 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.68 | 0.04 | 0.4 | -0.35 | -0.7 | -0.49 | 0.58 | -0.45 | 0.03 | 0.69 | -0.16 | -1.68 |
| EPS in Rs | -0.21 | 0.01 | 0.12 | -0.11 | -0.22 | -0.15 | 0.18 | -0.14 | 0.01 | 0.21 | -0.05 | -0.52 |

### 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 | 24.06 | 20.12 | 12.35 | 8.21 | 9.34 | 9.48 | 10.42 | 10.47 | 12.26 | 12.3 |
| Expenses | 55.64 | 46.91 | 19.33 | 9.2 | 11.16 | 12.23 | 11.81 | 11.51 | 12.24 | 13.51 |
| Operating Profit | -31.58 | -26.79 | -6.98 | -0.99 | -1.82 | -2.75 | -1.39 | -1.04 | 0.02 | -1.21 |
| OPM % | -131.26 | -133.15 | -56.52 | -12.06 | -19.49 | -29.01 | -13.34 | -9.93 | 0.16 | -9.84 |
| Other Income | -444.12 | -87.13 | 1.79 | 0.46 | 0.7 | 2.76 | 0.47 | 0.15 | 0.16 | 0.16 |
| Interest | 34.01 | 65.46 | 24.41 | 12.97 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1.28 | 0.74 | 0.6 | 0.52 | 0.49 | 0.28 | 0.28 | 0.07 | 0.07 | 0.08 |
| Profit before tax | -510.99 | -180.12 | -30.2 | -14.02 | -1.61 | -0.27 | -1.2 | -0.96 | 0.11 | -1.13 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -511 | -180.12 | -30.2 | -14.02 | -1.62 | -0.27 | -1.21 | -0.96 | 0.11 | -1.12 |
| EPS in Rs | -158.56 | -55.89 | -9.37 | -4.35 | -0.5 | -0.08 | -0.38 | -0.3 | 0.03 | -0.35 |
| 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 | 32.23 | 32.23 | 32.23 | 32.23 | 32.23 | 32.23 | 32.23 | 32.23 | 32.23 | 32.23 |
| Reserves | 131.39 | -379.36 | -559.19 | -588.52 | -602.33 | -604.05 | -604.26 | -605.47 | -606.35 | -606.09 |
| Borrowings | 228.64 | 344.91 | 151.04 | 262.02 | 0.93 | 0.93 | 443.29 | 443.29 | 0.93 | 0.93 |
| Other Liabilities | 27.04 | 45.52 | 392.77 | 305.82 | 580.17 | 582.11 | 140.23 | 140.6 | 582.94 | 583.04 |
| Total Liabilities | 419.3 | 43.3 | 16.85 | 11.55 | 11 | 11.22 | 11.49 | 10.65 | 9.75 | 10.11 |
| Fixed Assets | 1.67 | 1.58 | 2.08 | 1.48 | 1.59 | 1.13 | 0.32 | 0.1 | 0.14 | 0.16 |
| CWIP | 1.07 | 0 | 0.54 | 0.58 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 228.1 | 11.32 | 3.28 | 2.79 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 |
| Other Assets | 188.46 | 30.4 | 10.95 | 6.7 | 6.93 | 7.61 | 8.69 | 8.07 | 7.13 | 7.47 |
| Total Assets | 419.3 | 43.3 | 16.85 | 11.55 | 11 | 11.22 | 11.49 | 10.65 | 9.75 | 10.11 |

### 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 | -6.75 | 3.41 | 5.95 | 152.88 | 15.09 | 0.77 | 1.21 | -0.27 | -0.98 | 0.62 |
| Cash from Investing Activity | -34.71 | -114.83 | -97.93 | 0.12 | -0.04 | 0 | 0.05 | 0.1 | 0.03 | 0.04 |
| Cash from Financing Activity | 41.43 | 111.47 | 93.03 | -153.71 | -13.52 | 0.07 | 0.07 | 0 | 0 | 0 |
| Net Cash Flow | -0.03 | 0.05 | 1.04 | -0.72 | 1.54 | 0.85 | 1.32 | -0.17 | -0.96 | 0.67 |
| Free Cash Flow | -7.46 | 3.31 | 4.19 | 152.86 | 15.03 | 0.73 | 1.16 | -0.33 | -1.09 | 0.53 |
| CFO/OP | 57 | -11 | -22 | -2190 | -1524 | -42 | -44 | 19 | 94 | 3100 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 115.16 | 216.48 | 26.67 | 47.88 | 56.02 | 46.5 | 66.99 | 42.74 | 41.49 | 39 |
| Cash Conversion Cycle | 115.16 | 216.48 | 26.67 | 47.88 | 56.02 | 46.5 | 66.99 | 42.74 | 41.49 | 39 |
| Working Capital Days | -942.69 | -3571.42 | -6587.78 | -15927.6 | -24572.37 | -21662.01 | -21340.56 | -19421.36 | -19322.34 | -16506.28 |
| ROCE % | 2.49 | -5.84 | — | — | — | — | — | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 59.62% | 57.76% | 20.18% | 20.18% |
| FIIs | 3.02% | 3.02% | 3.02% | 3.02% |
| DIIs | 0% | 0.64% | 14.1% | 14.1% |
| Public | 37.36% | 38.58% | 62.7% | 62.7% |
| No. of Shareholders | 18362 | 16706 | 16284 | 16159 |

### Quarterly

| Category | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 59.62% | 59.62% | 59.62% | 59.31% | 59.31% | 57.76% | 57.76% | 34.42% | 20.18% | 20.18% | 20.18% | 20.18% |
| FIIs | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% |
| DIIs | 0% | 0% | 0% | 0.14% | 0% | 0.64% | 0.64% | 0.64% | 14.1% | 14.1% | 14.1% | 14.1% |
| Public | 37.36% | 37.36% | 37.36% | 37.53% | 37.67% | 38.58% | 38.58% | 61.91% | 62.7% | 62.7% | 62.7% | 62.7% |
| No. of Shareholders | 18695 | 18362 | 17867 | 17693 | 17424 | 16706 | 16580 | 16390 | 16408 | 16284 | 16181 | 16159 |

## 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 / 2 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 70.81 | Sell |
| EMA (10) | 69.84 | Sell |
| SMA (20) | 75.21 | Sell |
| EMA (20) | 73.54 | Sell |
| SMA (50) | 80.78 | Sell |
| EMA (50) | 80.19 | Sell |
| SMA (100) | 89.45 | Sell |
| EMA (100) | 87.03 | Sell |
| SMA (200) | 98.61 | Sell |
| EMA (200) | 93.35 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 28.97 | Buy |
| MACD (12,26,9) | -4.35 | Sell |
| Stochastic (14,3,3) | 6.67 | Buy |
| ADX (14) | 27.25 | Buy |
| Williams %R (14) | -94.16 | Buy |
| ATR (14) | 5.02 | High Volatility |
| ROC (12) | -21.37 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 30.29 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-04 | [Unaudited Standalone Financial Results For The Quarter And Nine Months Ended 31St December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65893bf3-8535-4f3f-b45e-a86cbca85453.pdf) |
| 2025-11-12 | [Unaudited Standalone Financial Result Of The Company For The Quarter And Half-Year Ended 30Th September, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89ccbe58-7623-4431-8f42-ba0a64b4416c.pdf) |
| 2025-08-07 | [Submission Of Unaudited Financial Results Of Dion Global Solutions Ltd. For The Quarter Ended 30.06.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11599676-4a86-48f8-8568-0f8f992d2f9d.pdf) |
| 2025-06-03 | [Results - Financial Results For The Quarter Ended 31.03.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1cfcdf9-fea6-4851-8355-70ee429ee013.pdf) |
| 2025-06-03 | [Results - Financial Results For The Year Ended 31.03.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ed0d654-bc4c-4dfc-a7d9-7332a4786eca.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/526927/5269270310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-08-04 | Credit rating update — Acuité |
| 2026-01-23 | Credit rating update — Acuité |
| 2024-10-25 | Credit rating update — Acuité |
| 2023-07-28 | Credit rating update — Acuité |
| 2022-05-03 | Credit rating update — Acuité |
| 2021-01-29 | Credit rating update — Acuité |
| 2018-09-07 | Credit rating update — Acuité |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Results-Financial Results For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c3cbbf0-87f5-4f2e-bc0d-7d52ba6a84b3.pdf) |
| 2026-07-23 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9edeee89-7c25-424d-93e9-e938fdf876a2.pdf) |
| 2026-05-19 | [Results - Financial Statement For Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a869ef4-9fdc-4ff1-8d1b-064876fccaed.pdf) |
| 2026-05-19 | [Results - Financial Results For The Quarter Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0c15683-4b59-4beb-a773-b65df5abb3ae.pdf) |
| 2026-02-04 | [Unaudited Standalone Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65893bf3-8535-4f3f-b45e-a86cbca85453.pdf) |
| 2025-11-12 | [Unaudited Standalone Financial Result Of The Company For The Quarter And Half-Year Ended 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89ccbe58-7623-4431-8f42-ba0a64b4416c.pdf) |
| 2025-08-07 | [Submission Of Unaudited Financial Results Of Dion Global Solutions Ltd. For The Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11599676-4a86-48f8-8568-0f8f992d2f9d.pdf) |
| 2025-06-03 | [Results - Financial Results For The Quarter Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1cfcdf9-fea6-4851-8355-70ee429ee013.pdf) |
| 2025-06-03 | [Results - Financial Results For The Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ed0d654-bc4c-4dfc-a7d9-7332a4786eca.pdf) |
| 2025-01-17 | [Unaudited Financial Results For The Quarter Ended 31.12.2024 Of Dion Global Solutions Ltd.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aed94d91-9c09-47ff-921f-f5a583a31d45.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 2026-10-13T10:59:30.532Z.