CAPILLARY Share Price | Capillary Technologies India Ltd Stock Analysis & Recommendation

Q: Are Capillary Technologies India Ltd latest results good or bad?

Capillary Technologies India Ltd's latest results for Q4 FY26 show a significant improvement in financial performance, indicating a strong quarter overall. The company reported a net profit of ₹43.36 crore, which represents a remarkable increase of 442.68% quarter-on-quarter and 322.61% year-on-year. This surge in profitability is particularly noteworthy given that the previous quarter's profit was only ₹0.29 crore.Revenue also saw healthy growth, reaching ₹191.35 crore, up 3.97% from the previous quarter and 20.35% year-on-year. Additionally, the operating margin (excluding other income) improved to 16.41%, up 283 basis points sequentially, suggesting better operational efficiency.However, it's important to note that a significant portion of the profit was bolstered by other income, which accounted for 56.77% of profit before tax. This raises questions about the sustainability of such earnings moving forward. The company's return on equity (ROE) remains low at 4.60%, and there are concerns regarding the quality of earnings due to the reliance on non-operating income.In summary, while the latest results are impressive in terms of growth and profitability, there are underlying concerns about the sustainability of this performance, particularly regarding earnings quality and historical growth metrics. Investors should keep these factors in mind when evaluating the company's future prospects.

Q: Should I buy, sell or hold Capillary Technologies India Ltd?

Based on the current information about Capillary Technologies India Ltd, it may be advisable to consider selling your shares. The company is facing significant challenges, particularly with poor management efficiency reflected in a low return on equity (ROE) of 0%. This indicates that the company is not generating profits relative to shareholders' equity, and the reported losses contribute to a negative ROE.Additionally, the valuation appears to be quite high with a Price to Book Value of 4.1, especially given the low ROE of 2.7. While the stock has seen a profit increase of 94% over the past year, the overall performance and efficiency metrics suggest that the stock may be overvalued.On a more positive note, the company is net-debt free, which is a strong point, and it has shown healthy long-term growth with net sales growing annually. The highest quarterly figures for net sales and profit before depreciation and interest also indicate some operational strengths.Moreover, the presence of high institutional holdings at 22.03% suggests that more sophisticated investors are backing the company, which could provide some confidence in its potential. However, the fundamental issues highlighted may outweigh these positives.In summary, given the current financial indicators and management efficiency concerns, selling may be the prudent choice at this time.

Q: Why is Capillary Technologies India Ltd falling/rising?

As of 24-May, Capillary Technologies India Ltd's stock price is rising, currently at 516.15, with a change of 2.35 (0.46%) upward. This increase can be attributed to a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, it has outperformed its sector by 0.97% today, indicating a relative strength compared to its peers.Despite the positive movement today, the stock has been underperforming in the longer term, with a year-to-date decline of 23.37% compared to a 11.51% drop in the benchmark Sensex. The stock is currently trading below its moving averages across various time frames, which suggests a bearish trend overall. Furthermore, there has been a significant decrease in investor participation, with delivery volume falling by 65.23% against the 5-day average, indicating reduced interest from investors.On the positive side, the company is net-debt free and has shown impressive growth in profit before tax, which increased by 431.1% compared to the previous four-quarter average. The highest net sales recorded at Rs 65.02 crore and a high institutional holding of 22.03% also contribute positively to the stock's outlook. However, the company faces challenges with poor management efficiency, reflected in a low return on equity (ROE) of 0%, and a high valuation relative to its book value, which may deter some investors.In summary, while the stock is experiencing a rise today due to a short-term trend reversal and sector outperformance, the longer-term outlook remains cautious due to significant declines in the past and underlying management issues.

Mojo Score Change: Capillary Tech. has changed its score on 11 May 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

15.85 k (-30.77%) Volume

Shareholding (Mar 2026)

FII

3.43%

Held by 20 FIIs

DII

18.60%

Held by 17 DIIs

Promoter

52.23%

When is the next results date for Capillary Technologies India Ltd?

29-Apr-2026

The next results date for Capillary Technologies India Ltd is 06 May 2026.

View full answer

Are Capillary Technologies India Ltd latest results good or bad?

07-May-2026

Capillary Technologies India Ltd's latest Q4 FY26 results show strong growth, with a net profit of ₹43.36 crore, up 442.68% quarter-on-quarter and 322.61% year-on-year, alongside revenue growth of 20.35%. However, concerns about the sustainability of earnings due to reliance on non-operating income and a low return on equity suggest caution for investors.

View full answer

Should I buy, sell or hold Capillary Technologies India Ltd?

12-May-2026

Why is Capillary Technologies India Ltd falling/rising?

25-May-2026

As of 24-May, Capillary Technologies India Ltd's stock is rising to 516.15, reflecting a short-term trend reversal despite a year-to-date decline of 23.37%. The stock's longer-term outlook is cautious due to management inefficiencies and reduced investor participation.

View full answer

Which are the latest news on Capillary Tech.?

25-May-2026

Capillary Technologies India Ltd Faces Mildly Bearish Momentum Amid Technical Downgrade
Capillary Technologies India Ltd Faces Technical Momentum Shift Amid Market Pressure

Compare Capillary Tech. with Similar Stocks

Seshaasai Tech.eMudhra Aurionpro Sol.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor Management Efficiency with a low ROE of 0%

The company has reported losses. Due to this company has reported negative ROE

With ROE of 2.7, it has a Very Expensive valuation with a 4.1 Price to Book Value

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Computers - Software & Consulting

Market cap

INR 4,130 Cr (Small Cap)

P/E

105.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.42

Return on Equity

2.68%

Price to Book

4.02

Revenue and Profits:

Net Sales:

191 Cr

(Quarterly Results - Mar 2026)

Net Profit:

43 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

0.61%

6 Months

-28.69%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Capillary Tech. for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Capillary Technologies India Ltd Faces Mildly Bearish Momentum Amid Technical Downgrade

Capillary Technologies India Ltd, a small-cap player in the Computers - Software & Consulting sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Recent technical indicators, including MACD, RSI, Bollinger Bands, and moving averages, signal a cautious outlook for investors amid a broader market context where the stock has underperformed the Sensex over multiple time frames.

Read full news article

Capillary Technologies India Ltd Faces Technical Momentum Shift Amid Market Pressure

Capillary Technologies India Ltd has experienced a notable shift in its technical momentum, moving from a mildly bearish trend to a sideways pattern, reflecting a period of consolidation amid ongoing market pressures. Despite a recent downgrade in its Mojo Grade to 'Sell', the stock's technical indicators reveal a complex picture that investors should carefully analyse.

Read full news article

Capillary Technologies India Ltd is Rated Sell

Capillary Technologies India Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 11 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 18 May 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Announcements

No announcement available

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

EBIT to Interest (avg)

-2.34

Debt to EBITDA (avg)

1.06

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.77

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

22.03%

ROCE (avg)

1.90%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

105

Industry P/E

Price to Book Value

4.08

EV to EBIT

209.36

EV to EBITDA

40.32

EV to Capital Employed

6.31

EV to Sales

5.10

PEG Ratio

Dividend Yield

ROCE (Latest)

3.01%

ROE (Latest)

2.68%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

Sideways

KST

Dow Theory

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 13 Schemes (14.02%)

FIIs

Held by 20 FIIs (3.43%)

Promoter with highest holding

Capillary Technologies International Pte Ltd (49.7%)

Highest Public shareholder

Ronal Holdings Llc (6.96%)

Individual Investors Holdings

4.72%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

65.02

57.98

12.14%

Operating Profit (PBDIT) excl Other Income

16.12

9.99

61.36%

Interest

0.79

0.99

-20.20%

Exceptional Items

0.00

Standalone Net Profit

9.90

1.05

842.86%

Operating Profit Margin (Excl OI)

24.79%

17.23%

7.56%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 12.14% vs 24.53% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 842.86% vs 135.71% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Consolidated) - Sep'25

Sep'25

Change(%)

Net Sales

359.22

Operating Profit (PBDIT) excl Other Income

36.48

Interest

2.94

Exceptional Items

0.00

Consolidate Net Profit

1.03

Operating Profit Margin (Excl OI)

10.16%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Consolidated) - Dec'25

Dec'25

Change(%)

Net Sales

543.26

Operating Profit (PBDIT) excl Other Income

61.46

Interest

4.40

Exceptional Items

0.00

Consolidate Net Profit

9.02

Operating Profit Margin (Excl OI)

11.31%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Consolidated) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

734.60

598.26

22.79%

Operating Profit (PBDIT) excl Other Income

92.85

64.96

42.93%

Interest

5.46

7.79

-29.91%

Exceptional Items

24.96

-0.87

2,968.97%

Consolidate Net Profit

52.39

13.28

294.50%

Operating Profit Margin (Excl OI)

12.64%

10.86%

1.78%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 22.79% vs 13.93% in Mar 2025

Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 294.50% vs 122.36% in Mar 2025

All Annual Results

Company CV

About Capillary Technologies India Ltd

Capillary Technologies India Ltd

Small Cap

Computers - Software & Consulting

Capillary Technologies India Limited was incorporated as Kharagpur Technologies Private Limited, a private limited company with the Registrar of Companies, Karnataka. The name of the Company was converted to "Capillary Technologies India Private Limited" on July 26, 2012 and upon the conversion of its status into a Public Limited Company, the name was changed to "Capillary Technologies India Limited" and a fresh Certificate of Incorporation dated November 23, 2021 was issued by the RoC.

Company Coordinates

No Company Details Available