63 Moons Tech.

Why is 63 Moons Technologies Ltd falling/rising?

As of 05-Jul, the stock price of 63 Moons Technologies Ltd is at 658.45, reflecting a decline of 0.54% and a significant 35.76% drop over the past year. The company faces operational challenges and low investor confidence, contributing to its ongoing poor performance.

As of 05-Jul, the stock price of 63 Moons Technologies Ltd is falling, currently at 658.45, reflecting a decrease of 3.55 or 0.54%. The stock has underperformed the sector by 1.95% today and has been on a consecutive decline for the last two days, accumulating a total loss of 0.7% during this period. <BR><BR>In terms of performance over various time frames, the stock has shown a significant decline of 35.76% over the past year, which is notably worse than the broader market's decline of 6.58%. Additionally, the stock has a year-to-date performance of -8.44%, slightly better than the market's -8.75%. <BR><BR>Investor participation appears to be decreasing, as evidenced by a drop in delivery volume, which fell by 2.94% against the 5-day average. This declining interest could contribute to the stock's downward pressure. Furthermore, the company is facing significant operational challenges, including a negative EBITDA of Rs. -281.7 crore and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -122.04. <BR><BR>Despite some positive results in net sales and earnings per share, the overall financial health of the company remains weak, with a return on equity of only 1.46%, highlighting low profitability. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's valuation or business prospects. Collectively, these factors contribute to the stock's current decline.

Which are the latest news on 63 Moons Tech.?

How big is 63 Moons Tech.?

As of 10th June, 63 Moons Technologies Ltd has a market capitalization of 2,994.00 Cr, with net sales of 211.59 Cr and a net loss of 22.43 Cr over the latest four quarters. Shareholder's funds were 3,414.34 Cr, and total assets were 3,633.33 Cr as of March 2025.

As of 10th June, 63 Moons Technologies Ltd has a market capitalization of 2,994.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 211.59 Cr. However, it experienced a loss of 22.43 Cr in net profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where shareholder's funds amounted to 3,414.34 Cr and total assets were valued at 3,633.33 Cr.

Who are in the management team of 63 Moons Tech.?

The management team of 63 Moons Tech includes Chairman Venkat Chary, Managing Director & CEO Rajendran Soundaram, and several independent and non-executive directors, bringing diverse expertise to the company.

The management team of 63 Moons Tech includes the following individuals:<BR><BR>1. Venkat Chary - Chairman & Independent Director<BR>2. Deepak Verma - Independent Non-Executive Director<BR>3. Chitkala Zutshi - Independent Non-Executive Director<BR>4. Suresh Salvi - Independent Non-Executive Director<BR>5. Chandrasekhar Kanekal - Independent Non-Executive Director<BR>6. Sunil Shah - Non-Executive & Non-Independent Director<BR>7. Devender Singh Rawat - Non-Executive & Non-Independent Director<BR>8. Rajendran Soundaram - Managing Director & CEO<BR>9. Devendra Agrawal - Executive Director / Whole Time Director<BR>10. Satyananda Mishra - Nominee<BR>11. Malini Vijay Shankar - Nominee<BR>12. P K Gupta - Nominee<BR><BR>This team brings a diverse range of expertise and leadership to the company.

Who are the peers of the 63 Moons Tech.?

Peers of 63 Moons Tech. include Aurionpro Solutions, eMudhra, Network People, Sasken Technologies, R Systems International, Zaggle Prepaid, Protean eGov, Silver Touch, and BLS E-Services. 63 Moons Tech. has average management risk, below average growth, and below average capital structure, with a 1-year return of -29.01%.

Peers: The peers of 63 Moons Tech. are Aurionpro Sol., eMudhra, Network People, Sasken Technol., R Systems Intl., Zaggle Prepaid, Protean eGov, Silver Touch, and BLS E-Services.<BR><BR>Quality Snapshot: Excellent management risk is observed at R Systems Intl., while Good management risk is found at eMudhra and Network People. Average management risk is noted for Aurionpro Sol., Sasken Technol., 63 Moons Tech., Protean eGov, Silver Touch, and BLS E-Services, and the rest. Below Average management risk is present at Zaggle Prepaid. For growth, Excellent growth is seen at Aurionpro Sol., Network People, Zaggle Prepaid, Silver Touch, and BLS E-Services, while Good growth is noted for eMudhra. Below Average growth is found at Sasken Technol. and Protean eGov, and 63 Moons Tech. has Below Average growth. In terms of Capital Structure, Excellent capital structure is observed at Aurionpro Sol., eMudhra, Network People, R Systems Intl., Zaggle Prepaid, Silver Touch, and BLS E-Services, while 63 Moons Tech., Sasken Technol., and Protean eGov have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sasken Technol. at 50.41%, while the lowest is Zaggle Prepaid at -56.51%. 63 Moons Tech. has a 1-year return of -29.01%, which is better than Zaggle Prepaid but worse than Sasken Technol. Additionally, R Systems Intl., Zaggle Prepaid, and Protean eGov have negative six-month returns.

What does 63 Moons Tech. do?

63 Moons Technologies Ltd is a small-cap company in the software and consulting industry, reporting net sales of 134 Cr and a net profit of 22 Cr for the quarter ending March 2026. The company, formerly known as Worldwide Technologies Limited, was renamed in 2016 and has a market cap of INR 2,994 Cr.

Overview:<BR>63 Moons Technologies Ltd operates in the Computers - Software & Consulting industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was initially incorporated as 'Worldwide Technologies Limited' in 1988, underwent several name changes, and was last renamed to '63 Moons Technologies Limited' on May 27, 2016. The latest reported quarterly results indicate net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 134 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 22 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 2,994 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.18%<BR>- Debt Equity: -0.55<BR>- Return on Equity: -2.66%<BR>- Price to Book: 0.85<BR><BR>Contact Details:<BR>Address: Shakti Tower-1, Premises E, 766 Anna Salai Thousand Lights Chennai Tamil Nadu : 600002<BR>Tel: 91-44-43950850/51<BR>Email: info@ftindia.com<BR>Website: http://www.63moons.com

Are 63 Moons Technologies Ltd latest results good or bad?

63 Moons Technologies Ltd's latest results show impressive revenue growth with a 397.92% increase in net sales and a 213.92% rise in net profit. However, the company faces significant operational challenges, reflected in a negative operating margin of -57.30%, raising concerns about long-term sustainability despite the strong sales figures.

The latest results for 63 Moons Technologies Ltd present a mixed picture. On one hand, the company achieved a remarkable 397.92% quarter-on-quarter growth in net sales, reaching ₹133.74 crores, and a consolidated net profit of ₹22.50 crores, which is a significant improvement of 213.92% compared to the previous quarter. This surge in revenue marks the highest sales figure in the company’s recent history and reflects a strong year-on-year growth of 881.22%.<BR><BR>However, despite these impressive top-line figures, there are serious concerns regarding the company's operational performance. The operating margin (excluding other income) remains deeply negative at -57.30%, indicating ongoing challenges in generating profits from core operations. The profitability in this quarter was heavily reliant on other income, which contributed ₹24.31 crores, highlighting a structural dependency that raises questions about sustainability.<BR><BR>Overall, while the revenue growth is certainly a positive sign, the persistent operational losses and reliance on non-operating income suggest that the underlying business model faces significant challenges. Therefore, the results can be viewed as good in terms of revenue growth but bad when considering the operational viability and long-term sustainability of profits.

Should I buy, sell or hold 63 Moons Technologies Ltd?

When is the next results date for 63 Moons Technologies Ltd?

The next results date for 63 Moons Technologies Ltd is 18 May 2026.

The next results date for 63 Moons Technologies Ltd is scheduled for 18 May 2026.

Is 63 Moons Tech. technically bullish or bearish?

As of November 28, 2025, 63 Moons Tech shows a mildly bearish trend with mixed signals, as weekly and monthly MACD and KST indicate bearish conditions, while Bollinger Bands and weekly OBV suggest some underlying strength, warranting a cautious approach.

As of 28 November 2025, the technical trend for 63 Moons Tech has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish conditions, while the monthly MACD and KST are mildly bearish. The daily moving averages also reflect a mildly bearish outlook. However, Bollinger Bands are bullish on both weekly and monthly time frames, and the weekly OBV shows a mildly bullish trend, suggesting some underlying strength. Overall, the mixed signals indicate a cautious approach is warranted.

How has been the historical performance of 63 Moons Tech.?

63 Moons Tech. experienced significant financial volatility, with net sales and profitability sharply declining in March 2025, resulting in a loss of 56.24 crore after a profit of 205.22 crore in the previous year. Total assets and liabilities increased slightly, but cash flow from operations was negative at -142 crore, indicating a challenging financial environment.

Answer:<BR>The historical performance of 63 Moons Tech. has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales dropped to 46.82 crore from 368.84 crore in March 2024, which was a substantial increase from 290.07 crore in March 2023. The total operating income followed a similar trend, decreasing to 46.82 crore in March 2025 from 368.84 crore in the previous year. Operating profit (PBDIT) saw a decline, resulting in a loss of 48.96 crore in March 2025 compared to a profit of 232.10 crore in March 2024. The profit before tax also turned negative, recording a loss of 55.36 crore in March 2025, down from a profit of 203.84 crore in March 2024. Consequently, the profit after tax for March 2025 was -56.24 crore, a stark contrast to the profit of 205.22 crore in March 2024. The earnings per share (EPS) reflected this downturn, falling to -7.2 in March 2025 from 48.27 in March 2024. <BR><BR>In terms of assets and liabilities, total assets increased slightly to 3,633.33 crore in March 2025 from 3,600.14 crore in March 2024, while total liabilities also rose to 3,633.33 crore from 3,600.14 crore in the same period. Cash flow from operating activities was negative at -142 crore in March 2025, compared to a positive cash flow of 47 crore in March 2024. The closing cash and cash equivalents decreased to 70 crore in March 2025 from 95 crore in March 2024, indicating a tightening liquidity position. Overall, the financial performance of 63 Moons Tech. in recent years has been marked by volatility, with significant losses in the latest fiscal year following a period of profitability.<BR><BR>Breakdown:<BR>The financial trajectory of 63 Moons Tech. has been characterized by dramatic shifts, particularly evident in net sales, which plummeted to 46.82 crore in March 2025 from 368.84 crore in March 2024. This decline was mirrored in total operating income, which also fell to 46.82 crore. Operating profit turned negative, resulting in a loss of 48.96 crore in March 2025, a stark contrast to the profit of 232.10 crore in the prior year. Profit before tax followed suit, dropping to -55.36 crore from a profit of 203.84 crore, leading to a profit after tax of -56.24 crore in March 2025, down from 205.22 crore. The earnings per share reflected this downturn, falling to -7.2. Despite a slight increase in total assets to 3,633.33 crore, total liabilities also rose correspondingly. Cash flow from operating activities was negative at -142 crore, and closing cash and cash equivalents decreased to 70 crore, indicating a challenging financial environment for the company.

Is 63 Moons Tech. overvalued or undervalued?

As of August 13, 2024, 63 Moons Technologies is considered risky and overvalued with poor financial metrics, including a PE ratio of -73.30 and an EV to EBITDA of -7.91, especially when compared to peers like TCS and Infosys, despite a strong one-year stock return of 150.73%.

As of 13 August 2024, the valuation grade for 63 Moons Technologies has moved from very attractive to risky, indicating a significant deterioration in its valuation outlook. The company appears to be overvalued based on its current metrics, with a price-to-earnings (PE) ratio of -73.30, an EV to EBITDA of -7.91, and a return on equity (ROE) of -1.55%. These ratios suggest that the company is struggling to generate profits and is not performing well compared to its peers.<BR><BR>In comparison, notable peers such as TCS and Infosys have PE ratios of 25.23 and 24.32, respectively, highlighting a stark contrast in valuation. Additionally, while 63 Moons Tech has a PEG ratio of 0.00, indicating no growth expectations, TCS and Infosys have PEG ratios of 6.1 and 13.91, respectively, suggesting they are expected to grow. Despite a strong one-year stock return of 150.73% compared to the Sensex's 7.62%, the underlying financial ratios and peer comparisons indicate that 63 Moons Technologies is overvalued in the current market environment.

Who are the top shareholders of the 63 Moons Tech.?

The top shareholders of 63 Moons Tech. include La-fin Financial Services Pvt Ltd with 26.76%, public shareholder Ravi Kanaiyalal Sheth with 7.19%, and individual investors holding 43.33%. Additionally, 34 Foreign Institutional Investors own 1.41% of the shares, with no mutual funds currently invested.

The top shareholders of 63 Moons Tech. are primarily non-institutional investors. The promoter with the highest holding is La-fin Financial Services Pvt Ltd, which holds 26.76% of the shares. The highest public shareholder is Ravi Kanaiyalal Sheth, who owns 7.19%. Additionally, individual investors collectively hold 43.33% of the company's shares. There are also 34 Foreign Institutional Investors (FIIs) that hold a total of 1.41% of the shares, but no mutual funds are currently invested in the company.

Has 63 Moons Tech. declared dividend?

Yes, 63 Moons Technologies Ltd has declared a 100% dividend, amounting to ₹2 per share, with an ex-date of September 20, 2024. The company has shown strong total returns over various periods, with significant price appreciation and increasing dividend contributions.

63 Moons Technologies Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 2<BR>- Ex-date: 20 Sep 2024<BR><BR>Dividend Yield: 0.23%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 6.11%, with no dividend return, resulting in a total return of 6.11%.<BR><BR>Over the past year, the price return was 144.6%, with a dividend return of 0.56%, leading to a total return of 145.16%.<BR><BR>For the 2-year period, the price return was 413.66%, with a dividend return of 2.34%, culminating in a total return of 416.0%.<BR><BR>In the 3-year span, the price return was 406.56%, with a dividend return of 2.56%, resulting in a total return of 409.12%.<BR><BR>Over the last 4 years, the price return was 846.24%, with a dividend return of 6.41%, leading to a total return of 852.65%.<BR><BR>In the 5-year period, the price return was 1222.06%, with a dividend return of 10.60%, resulting in a total return of 1232.66%.<BR><BR>Overall, 63 Moons Technologies Ltd has declared a substantial dividend, and the total returns over various periods indicate strong performance, particularly in price appreciation, with increasing contributions from dividends over time.