Icodex Publishing Solutions LI
BSE: ICODEX · IT Enabled Services · sector
Key numbers
Last 12 months to Mar 2026, Standalone. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹13 cr vs borrowings ₹7 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 29.2x in the last 12 months.
- Other income was 9% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹39.50 on 2026-10-26: -34.5% from the 52-week high, +36.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2025 | Mar 2026 |
|---|---|---|
| Revenue | 14 | 12 |
| EBITDA | 8 | 3 |
| OPM % | 55.8% | 24.5% |
| Other income | 0 | 1 |
| Net profit | 6 | 2 |
| EPS (₹) | 4.14 | 1.02 |
Standalone figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 26 | 26 |
| EBITDA | 11 | 11 |
| Net profit | 7 | 7 |
| EPS (₹) | 5.01 | 5.01 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -25.7% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 56 |
| Borrowings | 7 |
| Cash & equivalents | 13 |
| Total assets | 66 |
| Fixed assets | 0 |
| Capital work in progress | 7 |
| Investments | 0 |
| Receivables | 12 |
| Inventory | 0 |
| Payables | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 2 |
| Cash from investing | -36 |
| Cash from financing | 34 |
| Capex | 15 |
| Free cash flow | -13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 12.6% |
| ROCE % | 16.8% |
| Debtor days | 163 |
| Inventory days | 0 |
| Payable days | 1 |
| Cash conversion cycle (days) | 162 |
| Working capital days | 229 |
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| ICODEX | ₹62 cr | 7.9x | 1.1x | 12.6% | 16.8% | 41.3% | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | ICODEX |
| BSE code | 544483 |
| ISIN | INE111601014 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.