Softtech Engineers Experiences Quality Grade Change Amid Mixed Financial Performance Indicators

Softtech Engineers, a microcap player in the Computers - Software & Consulting sector, has recently undergone an evaluation revision that reflects its current financial standing. The company has demonstrated a notable sales growth over the past five years at 18.35%. However, it has faced challenges with EBIT growth, which has shown a decline of 8.33%.
In terms of financial health, Softtech's EBIT to interest ratio stands at 1.97, indicating its ability to cover interest expenses. The debt to EBITDA ratio is at 1.96, while the net debt to equity ratio is relatively low at 0.31, suggesting a manageable level of debt. The sales to capital employed ratio is recorded at 0.47, and the tax ratio is at 59.02%.

When compared to its peers, Softtech Engineers is positioned alongside companies like Silver Touch and InfoBeans Tech, which maintain average quality standings. Notably, Softtech's return metrics reveal a strong performance over three years, with a return of 224.19%, significantly outpacing the Sensex's 48.59% during the same period. This evaluation adjustment highlights the company's mixed performance indicators in a competitive landscape.