531161

ABM Knowledge financials

Market cap
₹363 Cr

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
Headquarters Bandra (West), Mumbai, Maharashtra, India Company website

Quarterly results

Q1 FY27: revenue up 4.2%, net profit down 6.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue22 28 24 25 22 −2%31 +9%26 +5%26 +4%
EBITDA4 7 3 5 2 −45%4 −42%3 +6%5 +4%
Net profit4 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

₹200₹250₹300Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

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 endingFY23FY24FY25FY26
Revenue₹69 Cr₹91 Cr₹97 Cr₹103 Cr
Operating profit₹13 Cr₹17 Cr₹18 Cr₹14 Cr
Operating margin19.4%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 margin19.1%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
ROCE9.0%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 endingFY21FY22FY23FY24FY25FY26
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

Sep '23Dec '24Jun '26

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 was buying across the market this quarter →

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.

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 trap

To 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
Price today ₹178 Value at the reference growth ₹21.49

Change the assumptions yourself →