Icodex Publish.

How has been the historical performance of Icodex Publish.?

Icodex Publish has shown strong financial growth over the past two years, with net sales increasing to 10.40 Cr in March 2024 from 9.54 Cr in March 2023, and profit after tax rising to 4.40 Cr from 1.81 Cr. Key metrics such as operating profit margin and total assets have also improved significantly during this period.

Answer:<BR>The historical performance of Icodex Publish shows a positive trend in key financial metrics over the past two years.<BR><BR>Breakdown:<BR>In the standalone annual results for March 2024, Icodex Publish reported net sales of 10.40 Cr, an increase from 9.54 Cr in March 2023. Total operating income also rose to 10.40 Cr from 9.54 Cr, while total expenditure decreased to 6.14 Cr from 7.59 Cr, leading to an operating profit (PBDIT) of 4.85 Cr, up from 2.13 Cr the previous year. Profit before tax improved significantly to 4.45 Cr from 1.84 Cr, resulting in a profit after tax of 4.40 Cr compared to 1.81 Cr in the prior year. The operating profit margin increased to 40.96% from 20.44%, and the profit after tax margin rose to 42.31% from 18.97%. On the balance sheet, total assets grew to 24.75 Cr in March 2025 from 10.67 Cr in March 2024, with total liabilities also increasing to 24.75 Cr from 10.67 Cr. Cash flow from operating activities improved to 6.00 Cr from 3.00 Cr, while cash flow from investing activities showed a larger outflow of -9.00 Cr compared to -3.00 Cr the previous year. Overall, Icodex Publish has demonstrated strong growth in sales, profitability, and asset accumulation over the reported periods.

Is Icodex Publish. overvalued or undervalued?

As of November 18, 2025, Icodex Publish. is rated very attractive and undervalued with a PE ratio of 9.77 and strong ROCE of 35.32%, significantly outperforming peers like TCS and Infosys, despite recent underperformance against the Sensex, while showing a robust 21.45% return over the past month.

As of 18 November 2025, the valuation grade for Icodex Publish. has moved from does not qualify to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued, supported by a PE ratio of 9.77, an EV to EBIT of 5.39, and a robust ROCE of 35.32%. <BR><BR>In comparison to its peers, TCS has a PE ratio of 22.2 and EV to EBITDA of 15.6, while Infosys shows a PE of 21.95 and an EV to EBITDA of 14.37. These comparisons highlight Icodex Publish.'s favorable valuation metrics relative to established competitors in the software products industry. Additionally, while the stock has recently underperformed the Sensex over the past week, it has shown a strong return of 21.45% over the past month, reinforcing the potential for growth as it aligns more closely with its intrinsic value.

Why is Icodex Publishing Solutions Ltd falling/rising?

As of 31-Mar, Icodex Publishing Solutions Ltd's stock price is Rs. 31.43, reflecting a 1.62% increase despite significant underperformance over the past month and year-to-date. The stock is trading below its moving averages and has hit a new 52-week low, indicating ongoing challenges and declining investor interest.

As of 31-Mar, Icodex Publishing Solutions Ltd is experiencing a rise in its stock price, currently at Rs. 31.43, which reflects an increase of 0.5 (1.62%). This uptick comes despite the stock's recent performance, where it has underperformed significantly over various periods, including a decline of 22.28% over the past month and 33.83% year-to-date. <BR><BR>Today's performance indicates that the stock has outperformed its sector by 3.44%, which may contribute to the positive movement in its price. However, it is important to note that the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a longer-term downward trend. Additionally, the stock hit a new 52-week low of Rs. 29.01 earlier today, indicating ongoing challenges.<BR><BR>Investor participation appears to be declining, with a notable drop in delivery volume by 27.51% compared to the 5-day average, which could signal reduced interest among investors. Despite the current rise in price, these factors suggest that the stock is facing significant headwinds that may affect its stability moving forward.

Which are the latest news on Icodex Publish.?