---
title: "ROX Hi-Tech Ltd (ROXHITECH) — Share Price, Financials & Analysis"
symbol: "ROXHITECH"
company: "ROX Hi-Tech Ltd"
canonical: "https://tapetide.com/stocks/ROXHITECH"
isin: "INE0PDJ01013"
nse_symbol: "ROXHITECH"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 103.22
generated_at: "2026-09-13T21:13:37.995Z"
---

# ROX Hi-Tech Ltd (ROXHITECH)

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

## Company

- **NSE Symbol:** ROXHITECH
- **ISIN:** INE0PDJ01013
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2023-11-16
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rox.co.in

## About

ROX Hi-Tech Ltd is an Indian IT services and digital transformation company founded in 2002. Headquartered in Chennai, it specializes in system integration, enterprise IT infrastructure, digital transformation, managed cybersecurity solutions, cloud services, enterprise applications, and software consulting.[1]

## Latest Price

- **Price:** ₹45.8
- **Change:** -0.4 (-0.87%)
- **Open:** ₹46.2
- **Day High:** ₹46.2
- **Day Low:** ₹44.65
- **Previous Close:** ₹46.2
- **Volume:** 49600
- **As Of:** 2026-09-11T09:47:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:59.636597Z.

- **Market Cap:** ₹103.22 Cr
- **Classification:** SME
- **P/E (reported):** 6
- **Book Value:** ₹55.78
- **Price to Book:** 0.83
- **Dividend Yield:** 2.52%
- **ROE:** 18.1%
- **ROCE:** 25.99%
- **Debt to Equity:** 0.52
- **Revenue (yearly):** ₹190.1 Cr
- **Net Income:** ₹19.9 Cr
- **EBITDA:** ₹31.8 Cr
- **52-Week High:** ₹58.9
- **52-Week Low:** ₹22.95
- **RSI (14):** 43.2

## Tapetide Score

- **Score:** 58 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Rising
- **Percentile:** 81.3 (of 4473 scored stocks)
- **Confidence:** 95%
- **Data coverage:** 90%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 36.21 | 9% |
| growth | 48.26 | 9% |
| momentum | 94.95 | 12% |
| ownership | 65.11 | 24% |
| quality | 47.28 | 22% |
| valuation | 80.03 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.80 times its book value
- Debtor days have improved from 111 to 76.2 days.
- Promoter holding has increased by 1.77% over last quarter.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -49.8% | -954.48% | -724.55% |
| ebitda margin growth | 15.58% | — | — | — |
| net income growth | 1.89% | -8% | 5% | 93% |
| revenue growth | 62.43% | 11% | 16% | 27% |
| roce | 10.47% | — | — | — |
| roe | 2.64% | — | — | — |

## 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 | 77 | 99 | 83 | 104 | 110 | 110 |
| Expenses | 62 | 83 | 66 | 94 | 94 | 94 |
| Operating Profit | 16 | 16 | 16 | 10 | 16 | 16 |
| OPM % | 20 | 16 | 20 | 10 | 14 | 14 |
| Other Income | 0 | 0 | 2 | 1 | 1 | 1 |
| Interest | 1 | 2 | 2 | 1 | 3 | 3 |
| Depreciation | 0 | 1 | 2 | -1 | 1 | 1 |
| Profit before tax | 14 | 14 | 15 | 11 | 13 | 13 |
| Tax % | 25 | 25 | 30 | 16 | 19 | 19 |
| Net Profit | 10 | 11 | 10 | 9 | 10 | 10 |
| EPS in Rs | 6.24 | 4.71 | 4.47 | 3.99 | 4.59 | 4.57 |

### Profit & Loss

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

| Item | Mar 2004 | Mar 2005 | Mar 2006 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 2 | 6 | 64 | 103 | 133 | 176 | 187 | 208 |
| Expenses | 1 | 2 | 6 | 63 | 99 | 110 | 144 | 158 | 180 |
| Operating Profit | 0 | 0 | 0 | 1 | 4 | 23 | 32 | 29 | 28 |
| OPM % | -8 | -1.8 | 0 | 1.7 | 4 | 17 | 18 | 15 | 13 |
| Other Income | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 3 | 3 |
| Interest | 0 | 0 | 0 | 1 | 2 | 3 | 3 | 5 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| Profit before tax | 0 | 0 | 0 | 1 | 2 | 20 | 28 | 26 | 22 |
| Tax % | 0 | 50 | 33 | 27 | 27 | 25 | 25 | 24 | 21 |
| Net Profit | 0 | 0 | 0 | 1 | 2 | 15 | 21 | 19 | 18 |
| EPS in Rs | — | — | 3.33 | 2.03 | 2.02 | 20.6 | 9.3 | 8.46 | 7.69 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |

### Balance Sheet

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

| Item | Mar 2004 | Mar 2005 | Mar 2006 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.1 | 0.1 | 0.1 | 3 | 7 | 7 | 23 | 23 | 27 |
| Reserves | 0 | 0 | 0 | 4 | 1 | 17 | 70 | 87 | 105 |
| Borrowings | 0 | 0 | 0 | 11 | 18 | 23 | 21 | 47 | 69 |
| Other Liabilities | 0 | 0 | 1 | 20 | 12 | 14 | 38 | 48 | 49 |
| Total Liabilities | 0 | 1 | 1 | 39 | 39 | 61 | 151 | 204 | 250 |
| Fixed Assets | 0 | 0 | 0 | 4 | 4 | 4 | 12 | 15 | 33 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 1 | 1 | 35 | 35 | 57 | 140 | 171 | 217 |
| Total Assets | 0 | 1 | 1 | 39 | 39 | 61 | 151 | 204 | 250 |

### Cash Flow

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

| Item | Mar 2004 | Mar 2005 | Mar 2006 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | 3 | -5 | 9 | -34 | 24 | 3 |
| Cash from Investing Activity | — | — | — | -1 | 0 | -12 | -9 | -20 | 1 |
| Cash from Financing Activity | — | — | — | -1 | 3 | 2 | 43 | -1 | -4 |
| Net Cash Flow | — | — | — | 1 | -2 | -1 | 0 | 2 | 0 |
| Free Cash Flow | — | — | — | 2 | -5 | -2 | -42 | 1 | 2 |
| CFO/OP | — | — | — | 322 | -131 | 60 | -84 | 105 | 28 |

### Ratios

| Item | Mar 2004 | Mar 2005 | Mar 2006 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 64 | 69 | 58 | 95 | 60 | 50 | 112 | 145 | 76 |
| Inventory Days | 25 | 11 | 13 | — | — | 106 | 115 | 137 | 164 |
| Days Payable | 65 | 62 | 68 | — | — | 30 | 74 | 76 | 88 |
| Cash Conversion Cycle | 24 | 18 | 3 | 95 | 60 | 127 | 153 | 206 | 151 |
| Working Capital Days | 32 | 11 | 8 | 20 | 9 | 47 | 106 | 101 | 126 |
| ROCE % | — | 30 | 19 | — | 18 | 64 | 39 | 22 | 16 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.94% | 58.94% | 58.94% | 59.02% | 59.02% | 58.76% |
| FIIs | 5.82% | 1.84% | 0% | 0% | 0% | 0.1% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 1.29% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 31.03% | 34.71% | 37.27% | 35.78% | 34.09% | 34.21% |
| Others | 4.21% | 4.51% | 3.78% | 5.2% | 6.89% | 5.64% |
| No. of Shareholders | 1684 | 1982 | 2493 | 2641 | 2601 | 2408 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 4 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 47.13 | Sell |
| EMA (10) | 47.39 | Sell |
| SMA (20) | 49.89 | Sell |
| EMA (20) | 48.19 | Sell |
| SMA (50) | 46.23 | Sell |
| EMA (50) | 46.06 | Sell |
| SMA (100) | 40.6 | Buy |
| EMA (100) | 42.84 | Buy |
| SMA (200) | 39.1 | Buy |
| EMA (200) | 41.77 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.04 | Neutral |
| MACD (12,26,9) | -0.37 | Sell |
| Stochastic (14,3,3) | 6.62 | Buy |
| ADX (14) | 23.21 | Neutral |
| Williams %R (14) | -87.7 | Buy |
| ATR (14) | 2.09 | High Volatility |
| ROC (12) | -10.2 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 44.75 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Newspaper ad published for 24th AGM on September 30, 2026 via VC/OAVM with e-voting details. | [Copy of Newspaper Publication 9 Sep - Newspaper ad published for 24th AGM on September 30, 2026 via VC/OAVM with e-voting details.](https://nsearchives.nseindia.com/corporate/ROX_2002_09092026205212_090926.pdf) |
| 9 July 2026 - Postal ballot passed reappointment of Managing Director Jim Rakesh and Whole-Time Director Sukanya Rakesh. | [Shareholders meeting 9 July 2026 - Postal ballot passed reappointment of Managing Director Jim Rakesh and Whole-Time Director Sukanya Rakesh.](https://nsearchives.nseindia.com/corporate/ROX_2002_09072026082458_NSE_-_E_voting.pdf) |
| 8 Sep - ROX Hi-Tech AGM on Sep 30, 2026; proposes Re.1 dividend, director reappointments, and borrowing limit up to Rs.350 crore. | [Shareholders meeting 8 Sep - ROX Hi-Tech AGM on Sep 30, 2026; proposes Re.1 dividend, director reappointments, and borrowing limit up to Rs.350 crore.](https://nsearchives.nseindia.com/corporate/ROX_2002_08092026140540_NSE_Notice.pdf) |
| 8 Sep - Published AGM notice ads in Financial Express and Makkal Kural on September 8, 2026. | [Copy of Newspaper Publication 8 Sep - Published AGM notice ads in Financial Express and Makkal Kural on September 8, 2026.](https://nsearchives.nseindia.com/corporate/ROX_2002_08092026203810_07092026preagm.pdf) |
| 8 June 2026 - ROX Hi-Tech submitted H2 FY26 investor presentation for half year and year ended March 31, 2026. | [Investor Presentation 8 June 2026 - ROX Hi-Tech submitted H2 FY26 investor presentation for half year and year ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/ROX_2002_08062026210312_investorpresentation.pdf) |
| 6 June 2026 - Published newspaper ads on June 6, 2026 for postal ballot notice and remote e-voting. | [Copy of Newspaper Publication 6 June 2026 - Published newspaper ads on June 6, 2026 for postal ballot notice and remote e-voting.](https://nsearchives.nseindia.com/corporate/ROX_2002_06062026213407_NSE_-_Postal_ballot.pdf) |
| 6 July 2026 - Regulation 74(5) certificate submitted for quarter ended June 30, 2026; no dematerialisation requests. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 July 2026 - Regulation 74(5) certificate submitted for quarter ended June 30, 2026; no dematerialisation requests.](https://nsearchives.nseindia.com/corporate/ROX_2002_06072026111003_Reg_74_5_.pdf) |
| 5 Sep - Board approved 24th AGM on September 30, 2026 and set September 23, 2026 dividend record date. | [Record Date 5 Sep - Board approved 24th AGM on September 30, 2026 and set September 23, 2026 dividend record date.](https://nsearchives.nseindia.com/corporate/ROX_2002_05092026160014_BM05092026.pdf) |
| 5 Sep - Board approved 24th AGM for September 30, 2026 and fixed September 23, 2026 record date for ₹1 dividend. | [Outcome of Board Meeting 5 Sep - Board approved 24th AGM for September 30, 2026 and fixed September 23, 2026 record date for ₹1 dividend.](https://nsearchives.nseindia.com/corporate/ROX_2002_05092026155753_BM05092026.pdf) |
| 5 June 2026 - ROX Hi-Tech earnings call on June 15, 2026, for H2 FY26 and audited FY26 results. | [Analysts/Institutional Investor Meet/Con. Call Updates 5 June 2026 - ROX Hi-Tech earnings call on June 15, 2026, for H2 FY26 and audited FY26 results.](https://nsearchives.nseindia.com/corporate/ROX_2002_05062026144518_Intimation_of_Meeting_15062026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31858_ROXHITECH_2025_2026_A_3327582_08092026141331.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28841_ROXHITECH_2024_2025_A_5416823_06092025204121.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26275_ROXHITECH_2023_2024_01102024194935.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/ROX_2002_25112025104914_intimationtranscript.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/ROXHITECH_21112024090351_intimationtranscript18112024.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/ROX_2002_03062025144422_intimationtranscript.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://nsearchives.nseindia.com/corporate/ROXHITECH_04062024140115_intimationtranscript.pdf) |
| Jan 2026 | [Concall - Jan 2026](https://nsearchives.nseindia.com/corporate/ROX_2002_06012026182323_Investor_presentation.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/ROXHITECH_17022024114921_intimationtranscript.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 2026-09-13T21:13:37.995Z.
