MOSCHIP
Moschip Technologies share price & financials
- Price
- ₹212.62
- Market cap
- ₹4.1k Cr
- Sector
- Information Technology
What Moschip Technologies Limited does
MosChip Technologies is India's first publicly-listed fabless semiconductor company, earning through two business units: Silicon Engineering, which designs application-specific integrated circuits (ASICs) end-to-end via Turnkey ASIC, Design Services and IP Services from concept through tape-out to production; and Product Engineering, which delivers hardware/systems engineering, device software engineering and digital (cloud/IoT/AI-ML) engineering for connected products. It also offers MosChip DigitalSky GenAIoT™, a solution-accelerator suite that bundles IoT, edge/cloud AI and automation building blocks for clients building smart, connected products. The company serves global customers across semiconductors, industrial and home automation, automotive, media and entertainment, consumer electronics, telecommunications, networking, data centres and healthcare, and holds subsidiaries including Softnautics Inc. (USA) and MosChip Technologies W.L.L (Bahrain).
Segments
- Silicon Engineering
- Product Engineering
- Market position
- India's first publicly-listed fabless semiconductor company (BSE-listed 2001, NSE-listed 2025)
- R&D/design centres
- 5, across India and the USA
- Engineers & domain specialists
- 1,400+
- Global clients
- 100+
- Silicon/VLSI engineering professionals
- 900+
- Product engineering professionals
- 400+
Quarterly results
Q1 FY27: revenue down 14.3%, net profit down 77.6% 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 | 126 | 135 | 136 | 147 +17% | 149 +18% | 153 +14% | 116 −14% |
| EBITDA | 16 | 17 | 14 | 16 | 17 +6% | 15 −11% | 11 −22% | 10 −42% |
| Net profit | 10 | 11 | 9 | 11 | 12 +25% | 4 −61% | 8 −9% | 2 −78% |
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 −10.8% 1Y
1Y: ₹235.71 on 10 Sept 2025 → ₹210.29. High ₹283.78 (8 Oct 2025), low ₹148.26 (30 Mar 2026).
Financials, as filed
Revenue grew 43.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 10.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹199 Cr | ₹294 Cr | ₹467 Cr | ₹585 Cr |
| Operating profit | ₹26 Cr | ₹34 Cr | ₹56 Cr | ₹60 Cr |
| Operating margin | 13.1% | 11.6% | 12.0% | 10.2% |
| Interest | ₹7 Cr | ₹6 Cr | ₹7 Cr | ₹5 Cr |
| Depreciation | ₹17 Cr | ₹20 Cr | ₹19 Cr | ₹19 Cr |
| Net profit | ₹6 Cr | ₹10 Cr | ₹33 Cr | ₹35 Cr |
| Net margin | 3.2% | 3.4% | 7.2% | 6.0% |
| Cash from operations | ₹14 Cr | ₹31 Cr | ₹100 Cr | ₹93 Cr |
| Free cash flow | ₹8 Cr | ₹4 Cr | ₹86 Cr | ₹65 Cr |
| ROCE | 9.0% | 7.0% | 12.0% | 11.0% |
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 | ₹32 Cr | ₹32 Cr | ₹33 Cr | ₹38 Cr | ₹38 Cr | ₹39 Cr |
| Reserves | ₹21 Cr | ₹33 Cr | ₹80 Cr | ₹232 Cr | ₹329 Cr | ₹370 Cr |
| Borrowings | ₹63 Cr | ₹68 Cr | ₹72 Cr | ₹69 Cr | ₹48 Cr | ₹88 Cr |
| Other liabilities | ₹37 Cr | ₹29 Cr | ₹30 Cr | ₹44 Cr | ₹122 Cr | ₹246 Cr |
| Total liabilities | ₹154 Cr | ₹162 Cr | ₹215 Cr | ₹382 Cr | ₹538 Cr | ₹743 Cr |
| Fixed assets | ₹91 Cr | ₹94 Cr | ₹110 Cr | ₹236 Cr | ₹267 Cr | ₹313 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹9 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹62 Cr | ₹68 Cr | ₹105 Cr | ₹138 Cr | ₹271 Cr | ₹430 Cr |
| Total assets | ₹154 Cr | ₹162 Cr | ₹215 Cr | ₹382 Cr | ₹538 Cr | ₹743 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, the public added +5.21 pp while promoters trimmed −4.97 pp. The shareholder count grew 42% to 3,61,757.
- Promoters
- 39.3%
- FIIs
- 0.8%
- Public
- 59.8%
- Others
- 0.1%
Since Jun 2025
- Public +5.21 pp
- Promoters −4.97 pp
- FIIs −0.24 pp
How it drifted, 12 quarters
Over this window promoters fell from 50.3% to 39.3% — −11.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 50.3%, FIIs 0.2%, Public 49.4%, Others 0.1%.Dec '23: Promoters 47.6%, FIIs 2.8%, Public 49.4%, Others 0.1%.Mar '24: Promoters 47.3%, FIIs 2.8%, Public 49.8%, Others 0.1%.Jun '24: Promoters 46.5%, FIIs 2.9%, Public 50.5%, Others 0.1%.Sep '24: Promoters 46.1%, FIIs 3.6%, Public 50.1%, Others 0.1%.Dec '24: Promoters 44.5%, FIIs 2.2%, Public 53.1%, Others 0.1%.Mar '25: Promoters 44.5%, FIIs 2.4%, Public 53.0%, Others 0.1%.Jun '25: Promoters 44.3%, FIIs 1.0%, Public 54.6%, Others 0.1%.Sep '25: Promoters 41.6%, FIIs 0.8%, Public 57.4%, Others 0.1%.Dec '25: Promoters 41.0%, FIIs 0.5%, Public 58.5%, Others 0.1%.Mar '26: Promoters 39.8%, FIIs 0.4%, Public 59.7%, Others 0.1%.Jun '26: Promoters 39.3%, FIIs 0.8%, Public 59.8%, Others 0.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Moschip Technologies Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mayuka Holdings Private Limited | 39.30% | −0.52 pp |
| Venkata Sudhakar Simhadri | 1.98% | unchanged |
| Smilax Corporate Services Llp | 1.46% | −1.43 pp |
| Gummadapu Damodar Rao | 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
AttractiveTo justify its price of ₹210, this stock must grow earnings at 55% every year for 7 years. Our analysis caps realistic growth at ~69%. At that growth it is worth ₹375 — upside of 78%.
- Growth the price implies
- 54.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 76.9% a year
- net profit, FY23–FY26 · EPS 68.9%
- The gap
- -0.1 pp
- 78% downside if it only repeats history
Learn to analyse Moschip Technologies Limited
Guides on how to read this kind of business and the numbers that matter.