COVANCE
COVANCE SOFTSOL financials
- Market cap
- ₹379 Cr
Quarterly results
Q1 FY27: revenue down 12.1%, net profit up 62.5% 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 | 20 | 34 | 24 | 33 | 33 +65% | 37 +9% | 43 +79% | 29 −12% |
| EBITDA | 4 | 1 | 1 | 11 | 9 +125% | 12 +1100% | 10 +900% | 5 −55% |
| Net profit | 4 | 1 | -2 | 8 | 8 +100% | 13 +1200% | 6 +400% | 13 +63% |
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 +300.3% 1Y
1Y: ₹35.12 on 10 Sept 2025 → ₹140.6. High ₹270 (14 Jul 2026), low ₹35.12 (10 Sept 2025).
Financials, as filed
Revenue grew 44.6% a year over 1 year, FY25 to FY26. Operating margin widened to 28.8%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹101 Cr | ₹146 Cr |
| Operating profit | ₹12 Cr | ₹42 Cr |
| Operating margin | 11.9% | 28.8% |
| Interest | ₹6 Cr | ₹5 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹12 Cr | ₹35 Cr |
| Net margin | 11.9% | 24.0% |
| Cash from operations | ₹18 Cr | ₹4 Cr |
| Free cash flow | ₹18 Cr | ₹3 Cr |
| ROCE | 8.0% | 31.0% |
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 | FY24 | FY25 | FY26 |
|---|---|---|---|
| Equity capital | ₹15 Cr | ₹22 Cr | ₹22 Cr |
| Reserves | ₹59 Cr | ₹125 Cr | ₹147 Cr |
| Borrowings | ₹73 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹19 Cr | ₹106 Cr | ₹111 Cr |
| Total liabilities | ₹165 Cr | ₹253 Cr | ₹280 Cr |
| Fixed assets | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹123 Cr | ₹201 Cr | ₹205 Cr |
| Other assets | ₹40 Cr | ₹51 Cr | ₹73 Cr |
| Total assets | ₹165 Cr | ₹253 Cr | ₹280 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
Since Jun 2025, promoters trimmed −1.77 pp while the public added +1.76 pp. The shareholder count grew 21% to 2,568.
- Promoters
- 71.7%
- Public
- 28.3%
Since Jun 2025
- Promoters −1.77 pp
- Public +1.76 pp
How it drifted, 6 quarters
Over this window promoters fell from 73.5% to 71.7% — −1.8 pp.
Ownership split by quarter, oldest first. Mar '25: Promoters 73.5%, Public 26.5%.Jun '25: Promoters 73.5%, Public 26.5%.Sep '25: Promoters 73.4%, Public 26.6%.Dec '25: Promoters 72.1%, Public 27.9%.Mar '26: Promoters 71.7%, Public 28.3%.Jun '26: Promoters 71.7%, Public 28.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of COVANCE SOFTSOL LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Durga V L K Madala | 64.74% | unchanged |
| Talluri Samatha | 22.52% | unchanged |
| M Bhaskara Rao | 5.09% | unchanged |
| Sambasiva Rao Madala | 0.80% | unchanged |
| Aravind Kumar Madala | 0.45% | unchanged |
| M Sridevi | 0.31% | unchanged |
| Madala Srinivasa Rao | 0.20% | unchanged |
| Raja Rao Boyapati | 0.11% | unchanged |
| Madala Holdings Limited | 0.00% | 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.
Learn to analyse COVANCE SOFTSOL LIMITED
Guides on how to read this kind of business and the numbers that matter.