---
title: "Sai Service Pvt Ltd (SAISERVICE) — Share Price, Financials & Analysis"
symbol: "SAISERVICE"
company: "Sai Service Pvt Ltd"
canonical: "https://tapetide.com/stocks/SAISERVICE"
generated_at: "2026-10-13T11:00:05.090Z"
---

# Sai Service Pvt Ltd (SAISERVICE)

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

## Company

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

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 19.9 days to 12.4 days

### Weaknesses

- The company has delivered a poor sales growth of -2.52% over past five years.
- Dividend payout has been low at 0.71% of profits over last 3 years

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 14% | 9% | 11% |
| revenue growth | -15% | -9% | -3% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1147 | 1600 | 1471 | 1690 | 2533 | 3054 | 2940 | 2817 | 2631 | 2229 |
| Expenses | 1100 | 1534 | 1411 | 1620 | 2451 | 2949 | 2833 | 2702 | 2474 | 2055 |
| Operating Profit | 47 | 66 | 61 | 70 | 82 | 105 | 107 | 115 | 156 | 174 |
| OPM % | 4.1 | 4.1 | 4.1 | 4.2 | 3.2 | 3.4 | 3.6 | 4.1 | 6 | 8 |
| Other Income | 6 | 5 | 5 | 7 | 20 | 19 | 17 | 18 | 15 | 26 |
| Interest | 4 | 5 | 4 | 3 | 4 | 2 | 4 | 5 | 16 | 20 |
| Depreciation | 9 | 14 | 17 | 17 | 20 | 21 | 23 | 23 | 60 | 60 |
| Profit before tax | 40 | 52 | 45 | 57 | 78 | 101 | 97 | 105 | 96 | 121 |
| Tax % | 35 | 33 | 29 | 30 | 35 | 28 | 35 | 32 | 24 | 27 |
| Net Profit | 26 | 35 | 32 | 40 | 51 | 72 | 63 | 71 | 73 | 89 |
| Dividend Payout % | 23 | 23 | 64 | 15 | 0 | 0 | 2 | 1 | 1 | 0 |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 74 | 100 | 108 | 141 | 244 | 317 | 378 | 449 | 522 | 616 |
| Borrowings | 15 | 26 | 4 | 28 | 2 | 0 | 0 | 0 | 1 | 0 |
| Other Liabilities | 100 | 133 | 150 | 154 | 176 | 212 | 179 | 198 | 400 | 449 |
| Total Liabilities | 193 | 263 | 267 | 327 | 426 | 533 | 561 | 652 | 927 | 1069 |
| Fixed Assets | 53 | 70 | 75 | 79 | 143 | 147 | 149 | 157 | 361 | 359 |
| CWIP | 3 | 5 | 2 | 1 | 0 | 1 | 2 | 1 | 2 | 11 |
| Investments | 1 | 1 | 1 | 0 | 0 | 124 | 93 | 77 | 191 | 357 |
| Other Assets | 137 | 188 | 188 | 247 | 282 | 260 | 317 | 417 | 373 | 342 |
| Total Assets | 193 | 263 | 267 | 327 | 426 | 533 | 561 | 652 | 927 | 1069 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 45 | 29 | 65 | 12 | 75 | 143 | 13 | -3 | 154 | 222 |
| Cash from Investing Activity | -23 | -31 | -19 | -17 | -38 | -145 | 12 | -10 | -118 | -171 |
| Cash from Financing Activity | -12 | 0 | -39 | 2 | -29 | -5 | -5 | -5 | -44 | -35 |
| Net Cash Flow | 10 | -1 | 7 | -3 | 9 | -8 | 20 | -18 | -8 | 15 |
| Free Cash Flow | 21 | -3 | 45 | -7 | 16 | 117 | 49 | 17 | 138 | 203 |
| CFO/OP | 124 | 67 | 130 | 47 | 125 | 167 | 40 | 34 | 115 | 140 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 7 | 7 | 9 | 8 | 7 | 7 | 6 | 8 | 2 | 10 |
| Inventory Days | 26 | 32 | 31 | 42 | 25 | 18 | 22 | 41 | 39 | 23 |
| Days Payable | 3 | 6 | 11 | 12 | 10 | 9 | 8 | 15 | 7 | 11 |
| Cash Conversion Cycle | 30 | 33 | 29 | 38 | 21 | 16 | 20 | 34 | 34 | 22 |
| Working Capital Days | 6 | 7 | 7 | 18 | 13 | 0 | 14 | 26 | 21 | 12 |
| ROCE % | 49 | 50 | 39 | 41 | — | 36 | 29 | 26 | 23 | 23 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 108.4 | Sell |
| EMA (10) | 106.45 | Sell |
| SMA (20) | 108.69 | Sell |
| EMA (20) | 107.15 | Sell |
| SMA (50) | 105.31 | Sell |
| EMA (50) | 106.01 | Sell |
| SMA (100) | 104.53 | Sell |
| EMA (100) | 106.05 | Sell |
| SMA (200) | 107.72 | Sell |
| EMA (200) | 111.81 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.47 | Neutral |
| MACD (12,26,9) | -0.08 | Sell |
| Stochastic (14,3,3) | 22.06 | Neutral |
| ADX (14) | 17.37 | Neutral |
| Williams %R (14) | -81.46 | Buy |
| ATR (14) | 5.66 | High Volatility |
| ROC (12) | -11.22 | Sell |
| Stoch RSI (14) | 12.89 | Buy |
| UO (7,14,28) | 60.8 | 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 2026-10-13T11:00:05.090Z.