Octaware Technologies share price

BSE: 540416IT - Services

Octaware Technologies Limited · Face value ₹10 · Listed Apr 2017

Last traded ₹59.37 on 3 Sep 2026

Latest announcements

Routine notices left out.

Share price history

Daily closes since Apr 2017, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the half year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

Revenue
₹10 Cr+33.0% on a year ago · +47.9% on the half year before
Net profit
−₹4.95 Cr
Earnings per share
−₹13.84
Net margin
−47.3%

From revenue to net profit, ₹ crore

  1. Revenue10
  2. Other income+0.3
  3. Finance costs−0.1
  4. Profit before tax−3.9
  5. Tax−1.1
  6. Net profit−4.9

Octaware Technologies results by half year

Consolidated: the company and its subsidiaries together. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
  • Loss
7.5−0.1Sep 238.4−1.5Mar 247.90.4Sep 247.9−0.1Mar 257.1−0.1Sep 2510−4.9Mar 26
Peak revenue ₹10 Cr, half year to Mar 2026; lowest ₹7.07 Cr, half year to Sep 2025A loss in 5 of the 6 half years shown

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
5.4%−47.3%−2.1%5.4%−1.5%1.3%−1.4%−17.4%5.3%−1.8%−0.7%−47.3%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Filed 14 NovMar 2026Filed 30 May
Revenue from operations8.3–8.0–7.58.47.97.97.110.5
8.2–8.4–7.6–7.58.07.0–
Materials and goods bought2.3–2.5–1.32.61.13.92.04.1
Employee costs4.5–4.7–4.6–4.93.33.5–
Other expenses1.3–1.2–1.8–1.50.71.5–
Operating profit before depreciation0.1–−0.4–−0.2–0.4−0.10.1–
Operating margin1.4%–−4.9%–−2.1%–5.4%−1.5%1.3%–
Depreciation and amortisation0.1–0.1–0.0–0.00.10.0–
Other income0.2–0.2–0.10.10.10.0−0.10.3
Finance costs0.0–0.0–0.00.10.00.00.00.1
One-off items–––––––0.0––
Profit before tax0.2–−0.3–−0.1−1.50.4−0.2−0.1−3.9
––––0.00.00.00.00.01.1
Tax rate––––––2.5%–––
Net profit0.2–−0.3–−0.1−1.50.4−0.1−0.1−4.9
Net margin2.6%–−4.1%–−1.4%−17.4%5.3%−1.8%−0.7%−47.3%
Earnings per share₹0.06–−₹0.09–−₹0.03−₹0.41₹0.12−₹0.04−₹0.01−₹13.84
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the half years to Mar 2022 and Mar 2023.

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
8.02.0Mar 17112.4Mar 18110.60Mar 1913−1.40Mar 2016−0.51.7Mar 21170.60Mar 2217−1.40.6Mar 2316−1.60.6Mar 24160.30.6Mar 2518−5.03.8Mar 26
Peak revenue ₹18 Cr, year to Mar 2026; lowest ₹8.01 Cr, year to Mar 2017A loss in the year to Mar 2026, −₹5.00 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
25.5%−28.5%3.2%−11.9%−10.0%1.9%−10.1%25.5%21.0%5.4%−11.1%−2.9%3.5%−8.3%−10.0%1.8%−28.5%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue18
  2. Materials and goods−6.1
  3. Employee costs−9.5
  4. Other expenses−3.7
  5. Operating profit−1.8
  6. Depreciation−2.2
  7. Other income+0.2
  8. Finance costs−0.2
  9. Profit before tax−3.9
  10. Tax−1.1
  11. Net profit−5.0

What the company owns

  • Plant, investments and other assets₹12 Cr
  • Receivables₹5 Cr
  • Cash and bank₹1 Cr

What pays for it: net worth and liabilities

  • Net worth₹8 Cr
  • Other liabilities₹5 Cr
  • Borrowings₹4 Cr
  • Owed to suppliers₹2 Cr

Profit and loss

Consolidated, ₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 30 May
Revenue from operations8.011.410.812.916.216.916.615.915.817.5
–––––16.318.517.515.419.3
Materials and goods bought0.10.10.90.23.94.04.63.85.06.1
Employee costs–––––9.310.49.58.39.5
Other expenses–––––3.03.64.22.23.7
Operating profit before depreciation–––––0.5−2.0−1.60.3−1.8
Operating margin–––––3.2%−11.9%−10.0%1.9%−10.1%
Materials, % of revenue–––––23.7%27.5%24.0%31.6%34.8%
Employee costs, % of revenue–––––55.3%63.0%59.5%52.4%54.4%
Other expenses, % of revenue–––––17.8%21.5%26.5%14.0%20.9%
Depreciation and amortisation0.30.3–––0.20.10.10.12.2
Operating profit after depreciation–––––0.3−2.1−1.70.2−4.0
Other income0.0−0.10.20.00.00.30.70.20.10.2
Finance costs––0.00.00.00.00.00.10.10.2
One-off items0.00.0––––––0.0–
Profit before tax2.22.40.9−1.5−0.10.7−1.4−1.60.2−3.9
0.20.10.3−0.1–0.1–0.00.01.1
Net profit2.02.40.6−1.4−0.50.6−1.4−1.60.3−5.0
Net margin25.5%21.0%5.4%−11.1%−2.9%3.5%−8.3%−10.0%1.8%−28.5%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2017 and Mar 2018: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019, Mar 2020 and Mar 2021: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Tax is left blank for the years to Mar 2021 and Mar 2023: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 30 May
16.915.815.316.115.013.413.88.3
16.815.815.316.115.013.413.88.3
Share capital3.63.63.63.63.63.63.63.6
Reserves13.312.211.712.511.49.810.24.7
Belonging to outside owners of subsidiaries0.00.00.00.00.00.00.00.0
Borrowings0.00.01.70.00.60.60.63.8
0.93.42.82.53.65.55.05.7
0.00.01.70.00.60.60.64.6
Total assets17.819.219.818.619.219.519.418.7
7.69.213.313.114.013.714.111.1
10.210.06.55.55.35.95.37.6
Net debt−2.5−3.90.4−1.2−0.5−0.8−0.72.9
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 30 May
0.021.640.250.150.43−4.46
0.211.710.550.130.42−4.63
0.280.541.571.540.23−2.04
Receivables0.041.430.04−0.46–−3.43
Payables−1.33−0.560.790.81–0.13
Other working capital1.57−0.330.731.19–1.25
Tax paid−0.18−0.070.000.000.010.17
Capital spending0.842.900.000.050.600.01
Free cash flow−0.82−1.260.250.10−0.16−4.47
Cash from investing−2.61−1.73−0.360.14−0.510.77
Cash from financing0.000.000.000.000.003.20
Dividends paid0.000.000.000.000.000.00
Shares bought back––––0.00–
Shares issued0.000.000.000.000.000.00
Net change in cash−2.59−0.09−0.100.28−0.07−0.49
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 30 May
Earnings per share₹6.62₹6.65₹1.63−₹4.00−₹1.31₹0.16−₹0.38−₹0.03₹0.12−₹13.98
Diluted earnings per share₹6.62₹6.65₹1.63−₹4.00−₹1.31₹0.16−₹0.38−₹0.03₹0.12−₹13.98
Book value per share––₹46.91₹43.92₹42.51₹44.88₹41.68₹37.42₹38.52₹23.15
Shareholder yield––––0.0%–0.0%–0.0%0.0%
Market cap at the year end (₹ crore)–32.335.228.733.4–14.7–7.922.9

Ratios

Consolidated, years to March.

RatioMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 30 May
Revenue growth41.7%−5.1%20.0%25.3%4.1%−1.7%−4.1%−0.9%11.3%
Net profit growth16.2%−75.7%–––––––
Earnings per share growth0.5%−75.5%–––––––
–3.4%−8.8%−3.0%3.8%−8.8%−11.2%2.1%−45.2%
––−12.2 pts5.8 pts6.8 pts−12.6 pts−2.3 pts13.2 pts−47.2 pts
From the net margin––−10.5 pts6.5 pts6.7 pts−12.7 pts−1.8 pts13.2 pts−35.0 pts
From asset turnover––−1.1 pts−0.4 pts0.2 pts0.0 pts0.7 pts0.0 pts−4.6 pts
From borrowing––−0.6 pts−0.3 pts−0.1 pts0.0 pts−1.2 pts0.1 pts−7.6 pts
Return on capital employed––––2.0%−13.5%−12.3%1.3%−33.0%
Cash conversion––––276.8%––153.2%–
Interest cover–––––––2.7–
Debt to equity–0.000.000.110.000.040.050.040.45
Receivable days–1781007945455748115
Inventory days–00000000
Payable days–––––––138121
Cash conversion cycle, days–––––––−90−6
Working capital days–23077533911−24−2322
Asset turnover–0.610.700.830.880.880.820.810.92
Assets per rupee of net worth–1.061.131.261.221.221.361.431.72
Sales per rupee of plant–1.441.471.691.371.361.315.125.89
Capital spending to depreciation––––14.060.000.345.280.01
Interest cover is left blank for the years to Mar 2024 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year
−26.3%
Measure10 years5 years3 years
Revenue growth, yearly rate–1.6%1.9%
Return on equity, average–−11.9%−18.1%
Return on capital employed, average–−11.1%−14.6%
Operating margin, average–−5.4%−6.0%
Net margin, average−0.4%−8.3%−12.2%
Asset turnover, average–0.860.85
Cash conversion cycle, days, average––−48
Debt to equity, average–0.120.18

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations−1.99−3.88−4.46
Cash from investing−1.680.400.77
Cash from financing3.203.203.20
Capital spending3.550.660.01
Dividends paid0.000.000.00
Shares issued for cash0.000.000.00
Borrowings raised3.203.203.20
Borrowings repaid0.000.000.00

Business segments

In the year to Mar 2026 the company reports one business segment, Information Technologies, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+188.6%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns Octaware Technologies, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2026; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters71.13%
  • Individuals and others28.87%
Per centSep 2026
71.13%
Indian promoters71.13%
28.87%
Shares in issue35,90,570
A dash is a line the filing did not state.

Number of Octaware Technologies shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

147Sep 26
ShareholdersSep 2026
All shareholders147
2
Indian promoters2
145
A dash is a line the filing did not state.

Octaware Technologies promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is WALKING TREE TECHNOLOGIES PRIVATE LIMITED, 51.15%.

Holder
WALKING TREE TECHNOLOGIES PRIVATE LIMITEDIndian companies, trusts and others51.15%18,36,700
MOHAMMED ASLAM Q KHANIndividuals and Hindu undivided families19.98%7,17,224
No promoter shares are reported as pledged.

Largest public holders of Octaware Technologies, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2026
ATUL TIWARINon-resident Indians2.92%
HADICON VENTURES PRIVATE LIMITEDCompanies2.90%
MIRZA HAROON BAIGResident individuals, over ₹2 lakh at face value2.02%
ABDUL JABBAR SULTAN ABDUL KADERNon-resident Indians1.43%
AHMED AL AKEELForeign nationals1.09%
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Octaware Technologies share price by year

Each calendar year to 2025.

YearClose at year endChangeHighest closeLowest close
202570.53+4.2%70.5322.09
202467.71+47.2%83.3441.35
202346.00−16.2%50.1024.85
202254.90−39.0%75.0039.00
202190.00+20.0%94.9064.95
202075.00−16.7%95.0060.20
201990.00−8.2%101.7084.65
201898.00+3.2%110.0074.00
201795.00–108.0090.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 19 Feb 2025. 2022 is from its first session, 18 Apr 2022. 2017 is from its first session, 3 Apr 2017. The close is the year's last trade for 2024 (13 Dec 2024) and 2020 (13 Nov 2020).

Recent sessions

The 10 trading days to 3 Sep 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
3 Sep 202659.3759.3759.3759.3759.371,600
2 Sep 202653.9853.9853.9853.9853.981,600
1 Sep 202649.0849.0849.0849.0849.081,600
25 Aug 202654.5354.5354.5354.5354.531,600
24 Aug 202657.4057.4057.4057.4057.401,600
17 Aug 202660.4260.4260.4260.4260.421,600
2 Jun 202663.6063.6063.6063.6063.601,600
4 May 202663.0063.6063.0063.6063.328,000
28 Apr 202660.5860.5860.5860.5860.581,600
27 Apr 202660.5860.5860.5860.5860.583,200
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
19 Apr 2022Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
9 Apr 2021Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
540416
ISIN
INE208U01019
Industry
IT - Services
CIN
L72200MH2005PLC153539
Corporate identity number, the registrar of companies' code for it
Incorporated
2005
Registered office
204,, Timmy Arcade,, Makwana Road Marol,, Andheri (East), Mumbai 400059, Maharashtra
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments