Jaipur, Rajasthan-based information-technology company, incorporated 2010, with equity listed and traded on the NSE Emerge (SME) platform since March 2023.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 4 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 4 | 5 | 3 | 17 | 18 | 19 | 17 | 14 |
| Borrowings | 2 | 2 | 3 | 7 | 3 | 5 | 5 | 12 |
| Other Liabilities | 4 | 4 | 3 | 4 | 3 | 3 | 4 | 3 |
| Total Liabilities | 10 | 11 | 13 | 33 | 29 | 32 | 30 | 35 |
| AssetsFixed Assets | 0 | 0 | 1 | 2 | 2 | 2 | 14 | 13 |
| CWIP | 0 | 0 | 1 | 4 | 9 | 12 | 0 | 0 |
| Investments | 3 | 5 | 6 | 13 | 5 | 3 | 1 | 1 |
| Other Assets | 6 | 5 | 4 | 13 | 13 | 16 | 16 | 21 |
| Total Assets | 10 | 11 | 13 | 33 | 29 | 32 | 30 | 35 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 4 | 1 | -5 | 1 | -1 | -3 |
| Cash from Investing | -3 | -2 | -3 | -12 | 4 | -1 | 2 |
| Cash from Financing | -1 | -0 | 0 | 17 | -4 | 2 | 7 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 0 | 4 | -1 | -9 | -5 | -3 | -3 |
| FCF Margin | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
VERTEXPLUS · CYCLICAL_UNMODELABLE
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