Covance Softsol

Covance Softsol

36.17
+0.70
(1.97%)
Market Cap
52.40 Cr
EPS
8.21
PE Ratio
5.11
Dividend Yield
0.00 %
Industry
-
52 Week High
35.47
52 Week Low
2.06
PB Ratio
0.59
Debt to Equity
0.89
Sector
-
Add Ratio
hide

Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%

Company News

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Caret
neutral
Covance Softsol Limited has scheduled a Rights Issue Committee meeting for August 21, 2025, to determine the issue price, entitlement ratio, and other terms for their upcoming rights issue of fully paid-up equity shares with a face value of Rs. 10 each. The rights issue will be offered to eligible equity shareholders and was previously approved by the board on August 14, 2025. The company's trading window will remain closed until 48 hours after the committee meeting concludes in compliance with insider trading regulations.
neutral
Covance Softsol Limited reported standalone revenue of ₹1,740.13 lakhs for the quarter ended June 30, 2025, marking a 585% increase from ₹254.08 lakhs in the same period last year. Net profit after tax surged 4,884% to ₹828.27 lakhs. However, consolidated results showed mixed performance with revenue growing 43% to ₹3,327.77 lakhs while net profit declined 18% to ₹777.82 lakhs. The IT/ITES company disclosed that customer contracts with BSNL for SMS services to banks were concluded in the previous financial year and not renewed, leaving no active business operations. The company faces a legal dispute with M/s Mudunuru Limited claiming ₹12.05 crores, which management disputes as false. Covance Softsol was formed through a demerger from Softsol India Limited in 2024. Management is exploring development of new technological products and confirmed sufficient cash balances to meet obligations.
Forecast
Actual
Growth Rate
Revenue Growth
63.37 %
Net Income Growth
830.77 %
Cash Flow Change
276.53 %
ROE
676.61 %
ROCE
137.14 %
EBITDA Margin (Avg.)
-

Quarterly Financial Results

Quarterly Financials
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
18
17
28
22
38
25
34
Expenses
15
15
17
17
33
23
22
EBITDA
3
2
11
5
5
2
12
Operating Profit %
-11 %
17 %
28 %
18 %
3 %
3 %
34 %
Depreciation
0
0
0
0
0
0
0
Interest
2
1
1
1
2
2
1
Profit Before Tax
1
1
9
4
3
0
10
Tax
0
1
0
0
2
2
3
Net Profit
1
-1
9
4
1
-2
8
EPS in ₹
0.35
-0.35
6.39
2.48
0.63
-1.30
5.27

Balance Sheet

Balance Sheet
2024
2025
Total Assets
165
196
Fixed Assets
2
1
Current Assets
146
174
Capital Work in Progress
0
0
Investments
123
149
Other Assets
40
45
Total Liabilities
165
196
Current Liabilities
15
27
Non Current Liabilities
77
78
Total Equity
74
91
Reserve & Surplus
59
77
Share Capital
15
15

Cash Flow

Cash Flow
2024
2025
Net Cash Flow
-9
0
Investing Activities
1
-9
Operating Activities
-10
18
Financing Activities
0
-9

Share Holding

% Holding
Oct 2024
Feb 2025
Mar 2025
Jun 2025
Promoter
73.47 %
73.47 %
73.47 %
73.47 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
2.90 %
2.90 %
2.76 %
2.75 %
Others
23.62 %
23.62 %
23.77 %
23.78 %
No of Share Holders
2,292
2,292
2,132
2,117

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
11 Oct 2024 MERGER - DEMERGER Merger - Demerger
1:1
11 Oct 2024 0.00 0.00
28 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 May 2025 10.57 10.99
26 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Jul 2025 10.99 25.41
14 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Aug 2025 30.91 32.79

Announcements

Board Meeting Intimation for Postponement Of Rights Issue Committee Meeting6 hours ago
Draft Letter Of Offer- Proposed Rights Issue Of The Equity Shares Of Covance Softsol Limited.3 days ago
Board Meeting Intimation for The Issue Price Entitlement Ratio And Other Modalities Related To The Rights Issue.3 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication6 days ago
Announcement under Regulation 30 (LODR)-Change in Directorate7 days ago
Announcement under Regulation 30 (LODR)-Issue of Securities7 days ago
Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 20257 days ago
Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2025 And Fund Raising By Way Of Rights Issue7 days ago
Board Meeting Intimation for Approval Of The Unaudited Standalone And Consolidated Financial Results And The Proposal Of Fund Raising Through Rights Issue.10 days ago
Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 28, 2025
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationJul 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 26, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMJul 26, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 15, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 04, 2025
Reg. 34 (1) Annual Report.Jul 03, 2025
Closure of Trading WindowJun 27, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 29, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 28, 2025
Board Meeting Outcome for Outcome Of Board MeetingMay 28, 2025
Approval Of Audited Standalone And Consolidated Financial Results For The 4Th Quarter And Year Ended 31.03.2025May 28, 2025
Board Meeting Intimation for Approval Of Standalone And Consolidated Audited Financial Results For The 4Th Quarter And Year Ended 31.03.2025May 23, 2025
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 30, 2025
Appointment of Company Secretary and Compliance OfficerApr 30, 2025
Board Meeting Outcome for Outcome Of Board MeetingApr 30, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 16, 2025
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerApr 01, 2025
Closure of Trading WindowMar 29, 2025
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Mar 13, 2025
Unaudited Financial Results For The Quarter Ended 31St December 2024Mar 11, 2025
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Mar 03, 2025
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011Mar 03, 2025
Listing of Equity Shares of Covance Softsol LtdFeb 20, 2025

Technical Indicators

RSI(14)
Overbought
100.00
ATR(14)
Less Volatile
0.56
STOCH(9,6)
Overbought
100.00
STOCH RSI(14)
Oversold
0.00
MACD(12,26)
Bullish
0.26
ADX(14)
Extremely Strong Trend
100.00
UO(9)
Bearish
100.00
ROC(12)
Uptrend But Slowing Down
26.60
WillR(14)
Overbought
0.00