| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 37.8 | 39.7 | −4.7% |
| EBITDA | 9.7 | 12.1 | −19.4% |
| EBITDA margin | 25.7% | 30.4% | −4.7 pts |
| Profit before tax | 9.1 | 11.3 | −19.4% |
| Net profit | 7.2 | 8.4 | −13.8% |
| EPS | ₹3.05 | ₹3.55 | −14.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 492 | — | — | — | — | |
| 17.6 | 6.9 | 10.4 | 7.3 | 8.6 | |
| 1.5 | 1.5 | 9.0 | 0.0 | 0.0 | |
| 476 | — | — | — | — | |
| 165 | 163 | 137 | 109 | 78.3 | |
| — | +18.4% | +26.5% | +38.7% | — | |
| 48.6 | 48.3 | 47.9 | 46.4 | 32.9 | |
| 29.5% | 29.7% | 34.8% | 42.7% | 42.0% | |
| 45.3 | 45.1 | 45.6 | 45.5 | 32.3 | |
| 35.9 | 34.3 | 34.3 | 34.2 | 24.7 | |
| 21.8% | 21.1% | 25.0% | 31.4% | 31.6% | |
| ₹15.15 | ₹14.47 | ₹14.47 | ₹14.40 | ₹10.42 | |
| — | +0.0% | +0.5% | +38.2% | — | |
| — | 30.8 | 34.1 | 33.2 | 20.7 | |
| — | −1.6 | −7.2 | −2.2 | −0.6 | |
| 29.2 | 29.2 | 26.9 | 31.1 | 20.1 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 492.1 | |
| - Cash, Equiv & ST Investments | 8.6 | 7.3 | 10.4 | 6.9 | 17.6 | |
| + Total Debt | 0.0 | 0.0 | 9.0 | 1.5 | 1.5 | |
| Enterprise Value | — | — | — | — | 476.0 | |
| Revenue | 78.3 | 108.6 | 137.4 | 162.7 | 164.6 | |
| Growth %, YoY | — | +38.7 | +26.5 | +18.4 | — | |
| EBITDA | 32.9 | 46.4 | 47.9 | 48.3 | 48.6 | |
| Margin % | 41.96 | 42.71 | 34.82 | 29.71 | 29.52 | |
| EBIT | 32.3 | 45.5 | 45.6 | 45.1 | 45.3 | |
| Net Income | 24.7 | 34.2 | 34.3 | 34.3 | 35.9 | |
| Margin % | 31.57 | 31.44 | 24.97 | 21.10 | 21.84 | |
| EPS, Adj (current shares) | 10.42 | 14.40 | 14.47 | 14.47 | 15.15 | |
| Growth %, YoY | — | +38.2 | +0.5 | +0.0 | — | |
| Cash from Operations | 20.7 | 33.2 | 34.1 | 30.8 | — | |
| Capital Expenditures | -0.6 | -2.2 | -7.2 | -1.6 | — | |
| Free Cash Flow | 20.1 | 31.1 | 26.9 | 29.2 | 29.2 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Ksolves India (NSE: KSOLVES) had a market capitalisation of ₹474 crore at the 30 October 2026 close (₹199.69 a share), a PE ratio of 13.2 on the last four quarters' profit and a price-to-book ratio of 11.64. In FY26 its consolidated net profit was ₹34.3 crore on revenue of ₹163 crore; in Q2 FY27 (July–September 2026) it was ₹7.2 crore, down 13.8% year on year. It had no borrowings on 30 September 2026. Promoters held 58.92% of the shares on 30 September 2026.
Ksolves India's PE ratio is 13.2 at the 30 October 2026 close (₹199.69 a share): a market capitalisation of ₹474 crore divided by consolidated net profit of ₹35.9 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹34.3 crore) it is 13.8.
Ksolves India's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹40.7 crore. A year earlier, on 30 September 2025, it was 0.08.
Ksolves India's net worth — shareholders' equity in its consolidated balance sheet — was ₹40.7 crore on 30 September 2026, up 22.5% from ₹33.2 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹474 crore at the 30 October 2026 close.
Ksolves India's price-to-book (PB) ratio is 11.64 at the 30 October 2026 close: a market capitalisation of ₹474 crore divided by shareholders' equity (book value) of ₹40.7 crore on 30 September 2026. That is a book value of ₹17.15 per share against a share price of ₹199.69.
Ksolves India's book value per share was ₹17.15 on 30 September 2026: shareholders' equity of ₹40.7 crore divided by the 2.37 crore shares in issue, up 22.4% from ₹14.01 a year earlier. The share price at the 30 October 2026 close was ₹199.69.
Ksolves India's dividend yield is 5.01% at the 30 October 2026 close: dividends of ₹10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹199.69. They were ₹1 on 29 October 2026 (interim), ₹4 on 21 July 2026 (interim) and ₹5 on 27 January 2026 (interim).
Ksolves India's market capitalisation was ₹474 crore at the 30 October 2026 close: 2.37 crore shares at ₹199.69 each.
Yes. Ksolves India had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹17.7 crore of cash, bank balances and current investments.
Ksolves India's basic earnings per share (EPS) were ₹14.48 in FY26, against ₹14.47 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹15.15.
In FY26, Ksolves India's return on equity (ROE) was 136.9% and its return on capital employed (ROCE) was 131.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 154.0% and ROCE 166.9%.
On 30 September 2026, Ksolves India's shares were held by promoters 58.92%, foreign portfolio investors (FII/FPI) 0.01%, domestic institutions (DII) 0.01% (including mutual funds at 0.00%) and retail and other non-institutional investors 41.06%. Over the year, FII holding was down 0.09 percentage points from 0.10% and DII holding was unchanged.
Ksolves India's latest results are for Q2 FY27 (July–September 2026), filed on 23 October 2026: consolidated net profit ₹7.2 crore, down 13.8% from ₹8.4 crore in Q2 FY26; revenue from operations ₹37.8 crore, down 4.7% year on year.
In 2026, Ksolves India has declared three dividends totalling ₹10 a share: ₹5 (interim) with record date 27 January 2026, ₹4 (interim) with record date 21 July 2026 and ₹1 (interim) with record date 29 October 2026.
In FY26, Ksolves India generated ₹30.8 crore of cash from operations and spent ₹1.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹29.2 crore. In FY25 it was ₹26.9 crore.
Ksolves India has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
Promoters held 58.92% of Ksolves India on 30 September 2026, unchanged from the previous quarter and down 0.02 percentage points from 58.94% a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Ksolves India's consolidated net profit was ₹34.3 crore, unchanged from ₹34.3 crore in FY25, on revenue from operations of ₹163 crore (up 18.4%). Over three years, from FY23, net profit was up 38.9%.
At the 30 October 2026 closing prices, on FY26 net profit, Ksolves India's PE ratio is 13.8, the third highest of the four: Innovana Thinklabs 15.9, Xchanging Solutions 10.5 and Softtech Engineers 116.1, a peer average of 47.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Innovana Thinklabs, Xchanging Solutions and Softtech Engineers: Ksolves India's operating margin of 27.8% is the second highest of the four (Innovana Thinklabs 26.6%, Xchanging Solutions 33.8%, Softtech Engineers 7.0%; peer average 22.5%); its return on equity of 136.9% is the highest of the four (Innovana Thinklabs 15.8%, Xchanging Solutions 15.8%, Softtech Engineers 2.9%; peer average 11.5%).
In FY26, Ksolves India earned net profit of ₹34.3 crore on revenue of ₹163 crore, against ₹38.1 crore on ₹132 crore for Innovana Thinklabs. Ksolves India's operating margin was 27.8% (Innovana Thinklabs 26.6%) and its return on equity 136.9% (Innovana Thinklabs 15.8%). At the 30 October 2026 close, Ksolves India's market capitalisation was ₹474 crore against ₹605 crore for Innovana Thinklabs, and its PE ratio on FY26 profit 13.8 against 15.9.
From Ksolves India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.