---
title: "Glodyne Technoserve Ltd (GLODYNE) — Share Price, Financials & Analysis"
symbol: "GLODYNE"
company: "Glodyne Technoserve Ltd"
canonical: "https://tapetide.com/stocks/GLODYNE"
generated_at: "2026-10-13T10:58:45.191Z"
---

# Glodyne Technoserve Ltd (GLODYNE)

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

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2004-09-28
- **Face Value:** ₹6
- **F&O Eligible:** No
- **Website:** glodyne.com

## About

Glodyne Technoserve Ltd. is engaged in the business of technology infrastructure management services.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.01 times its book value

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -295% | — | — |
| revenue growth | -14% | 41% | 47% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 368 | 338 | 276 | 276 | 471 | 210 | 198 | 198 |
| Expenses | 389 | 383 | 331 | 331 | 1367 | 204 | 284 | 202 |
| Operating Profit | -21 | -45 | -55 | -55 | -896 | 6 | -86 | -4 |
| OPM % | -6 | -13 | -20 | -20 | -190 | 3 | -43 | -2 |
| Other Income | -2 | 23 | 17 | 17 | 6 | 2 | 3 | -7 |
| Interest | 30 | 23 | 33 | 33 | 69 | 30 | 35 | 25 |
| Depreciation | 28 | 29 | 28 | 28 | 58 | 15 | 15 | 15 |
| Profit before tax | -82 | -73 | -99 | -99 | -1017 | -36 | -132 | -51 |
| Tax % | -48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -43 | -73 | -99 | -99 | -1017 | -36 | -132 | -51 |
| EPS in Rs | -9.59 | -16.04 | -21.74 | -21.74 | -224.6 | -7.97 | -29.35 | -11.27 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 87 | 168 | 308 | 501 | 749 | 1751 | 2653 | 2091 | 1078 |
| Expenses | 76 | 142 | 252 | 396 | 578 | 1434 | 2192 | 1997 | 2057 |
| Operating Profit | 10 | 26 | 56 | 105 | 171 | 316 | 461 | 94 | -979 |
| OPM % | 12 | 16 | 18 | 21 | 23 | 18 | 17 | 4.5 | -91 |
| Other Income | 1 | 0 | 0 | 10 | -3 | 1 | 31 | 26 | 4 |
| Interest | 1 | 1 | 4 | 8 | 14 | 32 | 74 | 100 | 159 |
| Depreciation | 1 | 3 | 5 | 9 | 21 | 52 | 85 | 113 | 103 |
| Profit before tax | 9 | 23 | 47 | 98 | 133 | 233 | 332 | -93 | -1237 |
| Tax % | 15 | 12 | 14 | 21 | 25 | 25 | 39 | 2 | — |
| Net Profit | 7 | 20 | 41 | 78 | 100 | 175 | 201 | -95 | -1236 |
| EPS in Rs | 6.86 | 18.46 | 37.33 | 70.03 | 44.42 | 66.21 | 44.05 | -20.99 | -273.19 |
| Dividend Payout % | 15 | 6 | 3 | 6 | 9 | 11 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 23 | 26 | 27 | 27 |
| Reserves | 19 | 37 | 77 | 150 | 270 | 533 | 778 | 488 |
| Borrowings | 6 | 11 | 34 | 88 | 98 | 612 | 847 | 956 |
| Other Liabilities | 6 | 35 | 19 | 71 | 96 | 308 | 512 | 476 |
| Total Liabilities | 42 | 95 | 140 | 320 | 487 | 1480 | 2163 | 1947 |
| Fixed Assets | 10 | 38 | 65 | 83 | 167 | 733 | 962 | 945 |
| CWIP | 2 | 1 | 2 | 55 | 24 | 5 | 7 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 30 | 56 | 73 | 182 | 296 | 741 | 1195 | 1000 |
| Total Assets | 42 | 95 | 140 | 320 | 487 | 1480 | 2163 | 1947 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | 29 | 5 | 32 | 80 | 35 | 4 | 27 |
| Cash from Investing Activity | -3 | -29 | -32 | -78 | -28 | -639 | -222 | -32 |
| Cash from Financing Activity | 10 | 3 | 18 | 47 | -17 | 577 | 218 | 2 |
| Net Cash Flow | 9 | 3 | -9 | 1 | 35 | -27 | 0 | -3 |
| Free Cash Flow | -2 | 0 | -27 | -47 | 43 | -569 | -235 | -32 |
| CFO/OP | 25 | 113 | 12 | 36 | 60 | 26 | 6 | 34 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68 | 81 | 68 | 86 | 80 | 78 | 73 | 86 |
| Cash Conversion Cycle | 68 | 81 | 68 | 86 | 80 | 78 | 73 | 86 |
| Working Capital Days | 65 | 23 | 68 | 84 | 85 | 73 | 81 | 100 |
| ROCE % | — | 50 | 57 | 57 | 46 | 34 | 29 | 1 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/532672/5326720312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532672/5326720311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_GLODYNE_2010_2011_05082011072526.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532672/5326720310.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 2026-10-13T10:58:45.191Z.