531161
ABM Knowledge financials
- Market cap
- ₹363 Cr
- Sector
- Information Technology
What ABM Knowledge does
ABM builds and implements e-Governance software for Urban Administration, centred on its proprietary MAINet framework and empanelment under the Government of India's UPYOG initiative, covering municipal solutions such as OBPAS (online building plan approval), DEAS (double-entry accounting migration), COTS implementations, smart classrooms/LMS, and technical manpower augmentation for government bodies. It also holds InstaSafe Technologies, a Bengaluru-founded cloud-based Zero Trust/Security-as-a-Service cybersecurity subsidiary (with a US subsidiary, InstaSafe Inc., in Delaware), and an equity association with Scanit Technologies INC, a US-origin agri-tech company using SporeCam sensor/AI technology to autonomously detect airborne crop pathogens for growers globally.
Segments
- E-Governance (Urban Administration)
- Cybersecurity
- Agri-tech
- Municipalities served
- 1,500+
- Smart cities served
- 30+
- Business segments
- 3 (E-Governance, Cybersecurity, Agri-tech)
- States with active e-Governance projects
- Andhra Pradesh, Haryana, J&K, UP, Odisha, Himachal Pradesh, Maharashtra, etc.
- Cybersecurity subsidiary geographic footprint
- India (Bengaluru) + US subsidiary (InstaSafe Inc., Delaware)
- Agri-tech associate footprint
- US, Canada, Europe, Latin America, Africa, India
Quarterly results
Q1 FY27: revenue up 4.2%, net profit down 6.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 28 | 24 | 25 | 22 −2% | 31 +9% | 26 +5% | 26 +4% |
| EBITDA | 4 | 7 | 3 | 5 | 2 −45% | 4 −42% | 3 +6% | 5 +4% |
| Net profit | 4 | 6 | 3 | 5 | 1 −68% | 3 −49% | 1 −75% | 5 −7% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +5.8% 1Y
1Y: ₹168.2 on 9 Sept 2025 → ₹178. High ₹318.35 (21 Oct 2025), low ₹167.65 (12 Sept 2025).
Financials, as filed
Revenue grew 14.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 13.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹69 Cr | ₹91 Cr | ₹97 Cr | ₹103 Cr |
| Operating profit | ₹13 Cr | ₹17 Cr | ₹18 Cr | ₹14 Cr |
| Operating margin | 19.4% | 18.7% | 18.5% | 13.9% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹2 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹13 Cr | ₹15 Cr | ₹17 Cr | ₹10 Cr |
| Net margin | 19.1% | 16.8% | 17.7% | 9.9% |
| Cash from operations | ₹6 Cr | ₹7 Cr | ₹25 Cr | ₹-11 Cr |
| Free cash flow | ₹3 Cr | ₹3 Cr | ₹20 Cr | ₹-15 Cr |
| ROCE | 9.0% | 9.0% | 10.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹178 Cr | ₹190 Cr | ₹200 Cr | ₹212 Cr | ₹230 Cr | ₹232 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹37 Cr | ₹37 Cr | ₹36 Cr | ₹39 Cr | ₹26 Cr | ₹44 Cr |
| Total liabilities | ₹225 Cr | ₹237 Cr | ₹247 Cr | ₹262 Cr | ₹266 Cr | ₹285 Cr |
| Fixed assets | ₹51 Cr | ₹52 Cr | ₹52 Cr | ₹53 Cr | ₹41 Cr | ₹53 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹64 Cr | ₹80 Cr | ₹99 Cr | ₹104 Cr | ₹123 Cr | ₹110 Cr |
| Other assets | ₹109 Cr | ₹104 Cr | ₹96 Cr | ₹105 Cr | ₹101 Cr | ₹123 Cr |
| Total assets | ₹225 Cr | ₹237 Cr | ₹247 Cr | ₹262 Cr | ₹266 Cr | ₹285 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 13% to 4,714.
- Promoters
- 66.9%
- Public
- 33.1%
Since Jun 2025
- DIIs −0.06 pp
- Public +0.06 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 66.9%, FIIs 0.3%, Public 32.7%.Dec '23: Promoters 66.9%, FIIs 0.3%, Public 32.7%.Mar '24: Promoters 66.9%, FIIs 0.3%, Public 32.7%.Jun '24: Promoters 66.9%, FIIs 0.3%, Public 32.7%.Sep '24: Promoters 66.9%, FIIs 0.3%, Public 32.7%.Dec '24: Promoters 66.9%, FIIs 0.3%, Public 32.7%.Mar '25: Promoters 66.9%, DIIs 0.1%, Public 33.0%.Jun '25: Promoters 66.9%, DIIs 0.1%, Public 33.0%.Sep '25: Promoters 66.9%, Public 33.1%.Dec '25: Promoters 66.9%, Public 33.1%.Mar '26: Promoters 66.9%, Public 33.1%.Jun '26: Promoters 66.9%, Public 33.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of ABM Knowledge above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Prakash Baburao Rane | 47.71% | unchanged |
| Supriya Prakash Rane | 12.27% | unchanged |
| Lipsita Projects & Services Private Limited | 6.91% | unchanged |
| New Computer Era Ltd | 5.00% | unchanged |
| Shivani Tejas Trivedi | 2.84% | unchanged |
| Rosewell Group Services Limited | 2.50% | unchanged |
| Computer Digital Network Ltd | 2.50% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.62% | unchanged |
| Baburao Bhikunaik Rane | 0.02% | unchanged |
| Sharada Rane | 0.01% | unchanged |
| Sunita Baburao Rane | 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹178, this stock must grow earnings at 30% every year for 7 years. Our analysis caps realistic growth at ~-10%. At that growth it is worth ₹21 — downside of 88%.
- Growth the price implies
- 29.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -8.1% a year
- net profit, FY23–FY26 · EPS -10.0%
- The gap
- 0.4 pp
- -88% downside if it only repeats history
Learn to analyse ABM Knowledge
Guides on how to read this kind of business and the numbers that matter.