ISFT
Intrasoft Technologies financials
- Market cap
- ₹132 Cr
- Sector
- Consumer Services
What Intrasoft Technologies Limited does
IntraSoft Technologies operates 123stores.com through its US subsidiary 123Stores, Inc., a multi-channel e-commerce platform selling third-party brand-partner products — mainly home & kitchen, garden & outdoor and tools — on the Amazon US marketplace. It onboards US small and medium brand partners and provides end-to-end marketplace management: listings, customer support, supply chain, and order fulfilment through logistics partners such as FedEx and UPS. The company has shifted from an inventory-heavy resale model to a 'Vendor Direct' model where products ship from brand partners' warehouses to consumers. It also holds smaller digital-greetings subsidiaries (123Greetings.com, Intrasoft Ventures Pte. Ltd., One Two Three Greetings India).
Segments
- E-commerce marketplace retail (123stores.com / 123Stores, Inc.)
- Digital greetings (123Greetings.com, Intrasoft Ventures Pte. Ltd., One Two Three Greetings India)
- Brand partner network
- 300+
- Products listed (SKUs)
- 150,000+ across major categories
- Amazon US marketplace rank
- Among top 300 e-commerce retailers on Amazon US
- Amazon seller rating
- 96% lifetime rating
- Logistics partners
- National carriers (UPS, FedEx) plus local in-state carriers
- Employees (Company + subsidiary)
- 52 (as of 31 Mar 2025)
Quarterly results
Q1 FY27: revenue up 8.2%, net profit up 11.0% 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 | 126 | 128 | 130 | 129 | 133 +6% | 137 +6% | 136 +5% | 140 +8% |
| EBITDA | 5 | 4 | 4 | 5 | 4 −12% | 4 −11% | 4 +9% | 5 +2% |
| Net profit | 4 | 3 | 2 | 4 | 3 −13% | 3 −3% | 3 +34% | 5 +11% |
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 −21.6% 1Y
1Y: ₹101.43 on 10 Sept 2025 → ₹79.48. High ₹109.87 (19 Sept 2025), low ₹55.11 (27 Mar 2026).
Financials, as filed
Revenue grew 4.9% a year over 2 years, FY24 to FY26. Operating margin narrowed to 3.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹485 Cr | ₹507 Cr | ₹534 Cr |
| Operating profit | ₹19 Cr | ₹17 Cr | ₹17 Cr |
| Operating margin | 4.0% | 3.4% | 3.1% |
| Interest | ₹12 Cr | ₹3 Cr | ₹1 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹10 Cr | ₹13 Cr | ₹13 Cr |
| Net margin | 2.0% | 2.5% | 2.5% |
| Cash from operations | ₹17 Cr | ₹83 Cr | ₹19 Cr |
| Free cash flow | ₹-7 Cr | ₹41 Cr | ₹-33 Cr |
| ROCE | 8.0% | 6.0% | 6.0% |
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 | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹139 Cr | ₹152 Cr | ₹164 Cr | ₹195 Cr | ₹228 Cr | ₹250 Cr |
| Borrowings | ₹98 Cr | ₹113 Cr | ₹148 Cr | ₹139 Cr | ₹11 Cr | ₹17 Cr |
| Other liabilities | ₹31 Cr | ₹41 Cr | ₹30 Cr | ₹27 Cr | ₹40 Cr | ₹40 Cr |
| Total liabilities | ₹282 Cr | ₹320 Cr | ₹356 Cr | ₹377 Cr | ₹296 Cr | ₹323 Cr |
| Fixed assets | ₹15 Cr | ₹15 Cr | ₹14 Cr | ₹13 Cr | ₹256 Cr | ₹284 Cr |
| Capital work in progress | ₹61 Cr | ₹108 Cr | ₹155 Cr | ₹180 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹72 Cr | ₹75 Cr | ₹82 Cr | ₹87 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹134 Cr | ₹122 Cr | ₹105 Cr | ₹98 Cr | ₹40 Cr | ₹39 Cr |
| Total assets | ₹282 Cr | ₹320 Cr | ₹356 Cr | ₹377 Cr | ₹296 Cr | ₹323 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 9% to 15,073.
- Promoters
- 43.1%
- FIIs
- 0.1%
- Public
- 56.9%
Since Jun 2025
- Public +0.02 pp
- FIIs −0.01 pp
- DIIs −0.01 pp
How it drifted, 12 quarters
Over this window promoters fell from 47.7% to 43.1% — −4.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 47.7%, FIIs 0.1%, Public 52.2%.Dec '23: Promoters 47.7%, FIIs 0.1%, Public 52.3%.Mar '24: Promoters 43.1%, FIIs 0.2%, Public 56.8%.Jun '24: Promoters 43.1%, FIIs 0.1%, Public 56.9%.Sep '24: Promoters 43.1%, FIIs 0.1%, Public 56.9%.Dec '24: Promoters 43.1%, FIIs 0.1%, DIIs 0.0%, Public 56.8%.Mar '25: Promoters 43.1%, FIIs 0.1%, DIIs 0.0%, Public 56.8%.Jun '25: Promoters 43.1%, FIIs 0.1%, DIIs 0.0%, Public 56.8%.Sep '25: Promoters 43.1%, FIIs 0.1%, DIIs 0.0%, Public 56.9%.Dec '25: Promoters 43.1%, FIIs 0.1%, Public 56.9%.Mar '26: Promoters 43.1%, FIIs 0.1%, Public 56.9%.Jun '26: Promoters 43.1%, FIIs 0.1%, Public 56.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Piyush Securities Private Limited newly disclosed 1.89% held
- Orchid Commotrade Private Limited newly disclosed 1.11% held
- Dua Engineering Works Pvt. Ltd. +0.34 pp 1.87% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Intrasoft Technologies Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Arvind Kajaria | 17.24% | unchanged |
| Sharad Kajaria | 17.24% | unchanged |
| Padma Kajaria | 8.58% | unchanged |
| Salsett Vinimay Pvt Ltd | 7.35% | unchanged |
| Rose Financiers & Commercials Private Limited | 4.23% | unchanged |
| Rishi Kajaria & Sons (Huf) | 3.89% | unchanged |
| Piyush Securities Private Limited | 1.89% | newly disclosed |
| Dua Engineering Works Pvt. Ltd. | 1.87% | +0.34 pp |
| Sajith Aravindakshan | 1.44% | unchanged |
| Vineet Agrawal | 1.23% | unchanged |
| Orchid Commotrade Private Limited | 1.11% | newly disclosed |
| Manish Jhunjhunwala | 1.09% | 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
AttractiveTo justify its price of ₹79, this stock must grow earnings at -2% every year for 7 years. Our analysis caps realistic growth at ~35%. At that growth it is worth ₹526 — upside of 561%.
- Growth the price implies
- -1.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 41.2% a year
- net profit, FY24–FY26 · EPS 34.6%
- The gap
- -0.4 pp
- 561% downside if it only repeats history
Learn to analyse Intrasoft Technologies Limited
Guides on how to read this kind of business and the numbers that matter.