Covance Softsol

  • Market Cap: Micro Cap
  • Industry: Computers - Software & Consulting
  • ISIN: INE0R8101016
  • NSEID:
  • BSEID: 544361
INR
166.00
-2.9 (-1.72%)
BSENSE

Jun 18

BSE+NSE Vol: 1749

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Covance Softsol
Exato Technologi
Mold-Tek Technol
Pelatro
Sigma Solve
XT Global Infot.
Trejhara Solutio
3i Infotech
Workmates Core2
Virtual Galaxy
Systango Tech
Why is Covance Softsol Ltd ?
1
Poor Management Efficiency with a low ROE of 7.49%
  • The company has been able to generate a Return on Equity (avg) of 7.49% signifying low profitability per unit of shareholders funds
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Healthy long term growth as Net Sales has grown by an annual rate of 66.30% and Operating profit at 1,081.00%
4
Positive results in Sep 25
  • NET SALES(Latest six months) At Rs 66.45 cr has Grown at 53.08%
  • PBT LESS OI(Q) At Rs 7.10 cr has Grown at 172.6% (vs previous 4Q average)
  • PAT(Latest six months) Higher at Rs 15.46 cr
5
With ROE of 8.2, it has a Very Attractive valuation with a 1.4 Price to Book Value
  • Over the past year, while the stock has generated a return of 0.00%, its profits have risen by 870%
6
Majority shareholders : Promoters
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Covance Softsol should be less than 10%
  2. Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

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stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
54.50%
EBIT Growth (5y)
546.37%
EBIT to Interest (avg)
4.61
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.27
Sales to Capital Employed (avg)
0.88
Tax Ratio
26.09%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-32.56%
ROE (avg)
16.83%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
11
Industry P/E
21
Price to Book Value
2.22
EV to EBIT
3.84
EV to EBITDA
3.80
EV to Capital Employed
-3.46
EV to Sales
1.09
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
20.38%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
Bearish
Bearish
Bollinger Bands
Sideways
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Dow Theory
No Trend
Bullish
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

19What is working for the Company
PAT(Latest six months)

Higher at Rs 18.91 cr

NET SALES(Q)

Highest at Rs 42.69 cr

-3What is not working for the Company
INTEREST(Q)

Highest at Rs 1.93 cr

Loading Valuation Snapshot...
Here's what is working for Covance Softsol
Profit After Tax (PAT) - Latest six months
At Rs 18.91 cr has Grown at 2,029.59%
Year on Year (YoY)
MOJO Watch
PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Latest six months
Higher at Rs 18.91 cr
than preceding 12 month period ended Mar 2026 of Rs 14.48 cr
MOJO Watch
In the half year the company has already crossed PAT of the previous twelve months

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 42.69 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 42.69 cr has Grown at 34.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 31.87 Cr
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Covance Softsol
Interest - Quarterly
At Rs 1.93 cr has Grown at 75.45%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Interest - Quarterly
Highest at Rs 1.93 cr
in the last five quarters and Increased by 75.45 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)