Suvidhaa Infoserve Ltd
NSE: SUVIDHAA · Financial Technology (Fintech) · sector
₹2.06NSE close 2026-10-26
Key numbers
Market cap₹43 cr
Price₹2.06
52w high / low₹4 / ₹2
P/E–Sector median 73.3x
P/B1.6xSector median 3.6x
Book value₹1.3
Dividend yield–Sector median 0.23%
ROE-21.5%Sector median 4.2%
ROCE-27.1%Sector median 4.4%
OPM-141.7%Sector median 5.2%
Debt / equity0.05xSector median 0.07x
EV/EBITDA–Sector median 17.2x
Interest cover-121.4x
Current ratio0.79x
Sales growth 3y-51.8%Sector median +32.8%
Profit growth 3y–Sector median +49.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Financial Technology (Fintech) (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
- Operating profit covered interest -121.4x in the last 12 months.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 8 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Debtor days went from 494 (FY24) to 1,087 (FY26).
- No dividend in the last 5 financial years.
- Price ₹2.06 on 2026-10-26: -50.1% from the 52-week high, +16.4% 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
Weekly close · high ₹7.27 · low ₹2.03
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 1 | 2 | 1 | 1 | 1 | 1 | 2 |
| EBITDA | -1 | -1 | -4 | -5 | -2 | -2 | -2 | -2 |
| OPM % | -40.4% | -85.9% | -215.9% | -453.9% | -156.0% | -240.7% | -252.9% | -70.4% |
| Other income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Net profit | -4 | -3 | -6 | -4 | -2 | -2 | -1 | -2 |
| EPS (₹) | -0.19 | -0.15 | -0.27 | -0.20 | -0.08 | -0.10 | -0.09 | -0.09 |
| Revenue YoY | -70.8% | -36.7% | -60.0% | +135.3% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 38 | 31 | 8 | 11 | 4 | 5 |
| EBITDA | 4 | 3 | -7 | -8 | -10 | -7 |
| Net profit | -3 | -2 | -16 | -17 | -10 | -7 |
| EPS (₹) | -0.12 | -0.09 | -0.78 | -0.79 | -0.48 | -0.36 |
| Revenue growth | -17.7% | -75.7% | +39.6% | -67.0% | -34.2% | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -51.8% | -49.6% | -34.2% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -36.0% (2y) | -49.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 71 | 54 | 37 | 27 |
| Borrowings | – | 0 | 0 | 4 | 1 |
| Cash & equivalents | – | 25 | 15 | 9 | 2 |
| Total assets | – | 115 | 94 | 78 | 63 |
| Fixed assets | – | 9 | 4 | 3 | 2 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 29 | 29 | 29 | 28 |
| Receivables | – | 8 | 10 | 12 | 10 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 1 | 1 | 1 | 1 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 7 | 36 | -10 | -5 | -4 |
| Cash from investing | -0 | -16 | 0 | -1 | -0 |
| Cash from financing | -6 | 0 | -0 | -0 | -3 |
| Capex | 0 | 0 | 0 | 1 | 0 |
| Free cash flow | 7 | 36 | -10 | -6 | -4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -2.5% | -29.6% | -44.3% | -37.5% |
| ROCE % | – | -2.0% | -29.0% | -39.5% | -35.6% |
| Debtor days | – | 93 | 494 | 399 | 1,087 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 19 | 92 | 38 | 128 |
| Cash conversion cycle (days) | – | 74 | 402 | 361 | 959 |
| Working capital days | – | 175 | 545 | -403 | -736 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 38.33% |
| FIIs | 3.16% |
| Public (non-institutions) | 58.51% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 38.33% | 38.33% | 38.33% | 38.33% | 38.33% | 38.33% | 38.33% | 38.33% |
| Promoter group | % |
|---|---|
| Sonal Rajde | 38.33% |
| Hemlata Arvind Thakkar | 0.00% |
| Deepal Rajendra Thakkar | 0.00% |
| Neeta Sharad Thakkar | 0.00% |
| Chetan Narsidas Kothari | 0.00% |
| Jayshree Rajde | 0.00% |
| Tanuj Rajde | 0.00% |
| Manan Rajde | 0.00% |
| Mahesh Rajde | 0.00% |
| Raksha Chhotani | 0.00% |
| Bhavna Katria | 0.00% |
| Paresh Jamnadas Rajde HUF | 0.00% |
| Turbo Infotech Limited | 0.00% |
| Tanman Advisory and Financial Services Private Limited | 0.00% |
| Turbo Techhnologies Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Avenues Infinite Private Limited | 4.81% |
| Vishwas Ambalal Patel | 4.56% |
| Vishal Ajitbhai Mehta | 3.22% |
| Foreign Institutional Investors | 3.16% |
| Shapoorji Pallonji Mistry | 1.91% |
| Variniben Vishwaskumar Patel | 1.83% |
| Vespera Fund Limited | 1.61% |
| Vasudev Commerce LLP | 1.32% |
| Elara India Opportunities Fund Limited | 1.07% |
87,712 shareholders. Pledged: – of promoter shares.
Peers in Financial Technology (Fintech)
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAYTM | ₹1,05,901 cr | 162.9x | 6.6x | 4.2% | – | 5.2% | +1.8% | – |
| POLICYBZR | ₹47,334 cr | 63.0x | 6.5x | 10.9% | – | 8.4% | +38.5% | – |
| CCAVENUE | ₹41,841 cr | 118.6x | 8.8x | 6.9% | 7.4% | 4.0% | +60.5% | 0.00% |
| PINELABS | ₹17,868 cr | 137.0x | 3.0x | 2.2% | – | 14.3% | – | – |
| MPIMANIPAL | ₹6,830 cr | – | – | – | – | – | – | – |
| STYL | ₹5,072 cr | 18.9x | 3.6x | 18.5% | 24.6% | 26.2% | – | 0.34% |
| NPST | ₹3,420 cr | 73.3x | 7.8x | 18.7% | 13.6% | 25.1% | – | 0.12% |
| MOBIKWIK | ₹1,681 cr | – | 3.1x | -2.2% | 1.5% | -0.6% | – | – |
| TURTLEMINT | ₹1,584 cr | – | 5.2x | -60.4% | -62.4% | -16.9% | – | – |
| SUVIDHAA | ₹43 cr | – | 1.6x | -21.5% | -27.1% | -141.7% | -51.8% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-23 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Financial Services |
| Industry | Financial Technology (Fintech) |
| Sub-industry | Financial Technology (Fintech) |
| Symbol | SUVIDHAA |
| BSE code | 543281 |
| ISIN | INE018401013 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.