New Risk • Aug 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (₹1.93b market cap, or US$20.3m). Aankondiging • Jul 24
Fidel Softech Limited to Report Q1, 2027 Results on Jul 30, 2026 Fidel Softech Limited announced that they will report Q1, 2027 results on Jul 30, 2026 Aankondiging • Jul 15
Fidel Softech Limited, Annual General Meeting, Aug 05, 2026 Fidel Softech Limited, Annual General Meeting, Aug 05, 2026, at 10:00 Indian Standard Time. Location: sumant moolgaonkar auditorium no 1, mccia trade tower, maharastra - 411016, maharastra India New Risk • Jul 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹2.02b market cap, or US$21.0m). Reported Earnings • Jul 14
Full year 2026 earnings released: EPS: ₹10.04 (vs ₹6.79 in FY 2025) Full year 2026 results: EPS: ₹10.04 (up from ₹6.79 in FY 2025). Revenue: ₹1.02b (up 86% from FY 2025). Net income: ₹138.1m (up 48% from FY 2025). Profit margin: 14% (down from 17% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹159, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 22x in the IT industry in India. Total returns to shareholders of 122% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹173, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 23x in the IT industry in India. Total returns to shareholders of 131% over the past three years. Aankondiging • Apr 28
Fidel Softech Limited announces Annual dividend Fidel Softech Limited announced Annual dividend of INR 2.2500 per share, ex-date on July 17, 2026 and record date on July 17, 2026. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹144, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 21x in the IT industry in India. Total returns to shareholders of 142% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹145, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 20x in the IT industry in India. Total returns to shareholders of 142% over the past three years. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: ₹2.40 (vs ₹1.30 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.40 (up from ₹1.30 in 3Q 2025). Revenue: ₹263.3m (up 86% from 3Q 2025). Net income: ₹33.0m (up 84% from 3Q 2025). Profit margin: 13% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹156, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 140% over the past three years. New Risk • Jan 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₹1.91b market cap, or US$21.2m). Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹2.02 (vs ₹1.73 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.02 (up from ₹1.73 in 2Q 2025). Revenue: ₹238.8m (up 73% from 2Q 2025). Net income: ₹27.8m (up 17% from 2Q 2025). Profit margin: 12% (down from 17% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year. Aankondiging • Jul 16
Fidel Softech Limited, Annual General Meeting, Aug 07, 2025 Fidel Softech Limited, Annual General Meeting, Aug 07, 2025, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹220, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 298% over the past three years. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹192, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 92% over the past year. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹173, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 62% over the past year. New Risk • May 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₹1.93b market cap, or US$22.9m). Board Change • May 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Prajakta Kotasthane was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 01
Fidel Softech Limited announces Annual dividend Fidel Softech Limited announced Annual dividend of INR 2.0000 per share, ex-date on June 06, 2025 and record date on June 06, 2025. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹137, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 25% over the past year. Recent Insider Transactions • Mar 06
Executive Chairman recently bought ₹1.7m worth of stock On the 3rd of March, Sunil Kulkarni bought around 15k shares on-market at roughly ₹115 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sunil has been a buyer over the last 12 months, purchasing a net total of ₹684k worth in shares. Aankondiging • Jan 31
Fidel Softech Limited (NSEI:FIDEL) signed a letter of intent to acquire Fidel Technologies KK. Fidel Softech Limited (NSEI:FIDEL) signed a letter of intent to acquire Fidel Technologies KK on January 30, 2025.
The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹1.73 (vs ₹1.20 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.73 (up from ₹1.20 in 2Q 2024). Revenue: ₹140.8m (up 48% from 2Q 2024). Net income: ₹23.7m (up 44% from 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹162, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 39x in the IT industry in India. Total returns to shareholders of 39% over the past year. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹152, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 40x in the IT industry in India. Total returns to shareholders of 35% over the past year. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹1.53 (vs ₹1.14 in 1Q 2024) First quarter 2025 results: EPS: ₹1.53 (up from ₹1.14 in 1Q 2024). Revenue: ₹126.7m (up 37% from 1Q 2024). Net income: ₹21.1m (up 35% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). New Risk • Jul 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Revenue is less than US$5m (₹401m revenue, or US$4.8m). Market cap is less than US$100m (₹1.75b market cap, or US$21.0m). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹128, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 42x in the IT industry in India. Total returns to shareholders of 34% over the past year. Upcoming Dividend • Jul 23
Upcoming dividend of ₹1.10 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹118, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 40x in the IT industry in India. Total returns to shareholders of 41% over the past year. Aankondiging • May 27
Fidel Softech Limited, Annual General Meeting, Jul 30, 2024 Fidel Softech Limited, Annual General Meeting, Jul 30, 2024. Aankondiging • May 25
Fidel Softech Limited Proposes Dividend for the Financial Year 2023-24, Payable on July 30, 2024 Fidel Softech Limited at its meeting held on May 23, 2024 Recommended a dividend of INR 1.10 per equity share being 11% of Face Value of INR 10/- each for the Financial Year 2023-24. This would be subject to shareholders' approval at the ensuing Annual General Meeting of the Company and will be paid to those shareholders whose names appear as on July 30, 2024 in the register of members of the Company. Reported Earnings • May 24
Full year 2024 earnings released: EPS: ₹4.41 (vs ₹4.13 in FY 2023) Full year 2024 results: EPS: ₹4.41 (up from ₹4.13 in FY 2023). Revenue: ₹410.3m (up 23% from FY 2023). Net income: ₹60.6m (up 13% from FY 2023). Profit margin: 15% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹90.00, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 51% over the past year. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹0.98 (vs ₹1.25 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.98 (down from ₹1.25 in 3Q 2023). Revenue: ₹104.9m (up 22% from 3Q 2023). Net income: ₹13.5m (down 16% from 3Q 2023). Profit margin: 13% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹146, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 44x in the IT industry in India. Total returns to shareholders of 136% over the past year. Buying Opportunity • Dec 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.1%. The fair value is estimated to be ₹138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year, while earnings per share has been flat. Recent Insider Transactions • Dec 22
MD & Executive Director recently bought ₹113k worth of stock On the 19th of December, Prachi Kulkarni bought around 1k shares on-market at roughly ₹113 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Prachi's only on-market trade for the last 12 months. Buying Opportunity • Dec 12
Now 20% undervalued Over the last 90 days, the stock is up 8.0%. The fair value is estimated to be ₹139, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year, while earnings per share has been flat. Buying Opportunity • Nov 20
Now 21% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be ₹144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year, while earnings per share has been flat. Buying Opportunity • Oct 31
Now 21% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be ₹149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last year, while earnings per share has been flat. Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹1.20 (vs ₹1.37 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.20 (down from ₹1.37 in 2Q 2023). Revenue: ₹99.6m (up 16% from 2Q 2023). Net income: ₹16.5m (down 2.8% from 2Q 2023). Profit margin: 17% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹130, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 105% over the past year. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹118, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 49% over the past year. Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: ₹1.14 (vs ₹0.91 in 1Q 2023) First quarter 2024 results: EPS: ₹1.14 (up from ₹0.91 in 1Q 2023). Revenue: ₹93.7m (up 21% from 1Q 2023). Net income: ₹15.6m (up 40% from 1Q 2023). Profit margin: 17% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹94.10, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 68% over the past year. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹4.13 (vs ₹4.52 in FY 2022) Full year 2023 results: EPS: ₹4.13. Revenue: ₹342.4m (up 30% from FY 2022). Net income: ₹53.9m (up 18% from FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹80.40, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 25x in the IT industry in India. Reported Earnings • Feb 01
Third quarter 2023 earnings released Third quarter 2023 results: EPS: ₹1.25. Net income: ₹16.0m (up ₹16.0m from 3Q 2022). Reported Earnings • Nov 03
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹1.37. Net income: ₹17.0m (up ₹17.0m from 2Q 2022). Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 23% share price gain to ₹77.60, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 23x in the IT industry in India. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 17% share price gain to ₹67.45, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 25x in the IT industry in India.