Ekennis Software

What does Ekennis Software do?

Ekennis Software Service Ltd, a Micro Cap company founded in 2019, operates in the software and consulting industry, reporting net sales of 4 Cr and net profit of 1 Cr for September 2022. The company transitioned to public status in 2021 and has a market cap of Rs 8 Cr.

Overview: <BR>Ekennis Software Service Ltd is a company operating in the Computers - Software & Consulting industry, categorized as a Micro Cap.<BR><BR>History: <BR>Ekennis Software Service Ltd was originally incorporated in 2019 as a One Person Company under the name "Ekennis Software Service (OPC) Private Limited." The company transitioned to a Public Limited status and changed its name to "Ekennis Software Service Limited" on November 5, 2021. The most recent quarterly results reported net sales and net profit for September 2022.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 4 Cr (Quarterly Results - Sep 2022) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Sep 2022) <BR>Market-cap value: Rs 8 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.53 <BR>Return on Equity: 0.20% <BR>Price to Book: 1.56 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Has Ekennis Software declared dividend?

Ekennis Software Service Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of August 3, 2022. However, total returns over various periods show significant losses, with a dividend yield of 0%, indicating limited impact on overall performance.

Ekennis Software Service Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 03 Aug 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -37.78%, the dividend return was 0%, resulting in a total return of -37.78%.<BR><BR>For the 1-year period, the price return was -32.17%, the dividend return was 0%, leading to a total return of -32.17%.<BR><BR>Over the 2-year period, the price return was -32.73%, the dividend return was 0%, which resulted in a total return of -32.73%.<BR><BR>In the 3-year period, the price return was -30.09%, the dividend return was 1.14%, culminating in a total return of -28.95%.<BR><BR>During the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>For the 5-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, while Ekennis Software has declared a dividend, the total returns over various periods indicate significant losses, particularly in the shorter terms, suggesting challenges in the company's performance. The absence of a dividend yield further reflects the limited impact of the dividend on overall returns.

Is Ekennis Software overvalued or undervalued?

As of February 1, 2024, Ekennis Software is considered overvalued and risky due to low profitability metrics, a PE ratio of 7.84, an EV to EBITDA of 5.16, and a year-to-date stock return of -40.36%, significantly underperforming compared to its peers and the Sensex.

As of 1 February 2024, Ekennis Software's valuation grade has moved from very attractive to risky, indicating a significant shift in its market perception. The company is currently assessed as overvalued, primarily due to its low profitability metrics and unfavorable comparisons with peers. Key ratios include a PE ratio of 7.84, an EV to EBITDA of 5.16, and a ROE of just 0.20%. <BR><BR>In comparison to its peers, Ekennis Software's PE ratio is notably lower than that of Tata Consultancy Services Ltd. at 25.23 and Infosys Ltd. at 24.32, both of which are rated attractive and fair, respectively. Furthermore, the company's EV to EBIT ratio of -5.16 raises concerns about its operational efficiency. Recent stock performance has also been dismal, with a year-to-date return of -40.36%, contrasting sharply with the Sensex's positive return of 5.56%, reinforcing the notion that Ekennis Software may be overvalued in the current market environment.

What is the technical trend for Ekennis Software?

As of May 13, 2025, Ekennis Software's technical trend is neutral due to price stagnation at 56.00 and a year-to-date return of -40.36%, with insufficient indicators for a clear bullish or bearish stance.

As of 13 May 2025, the technical trend for Ekennis Software has changed from mildly bearish to does not qualify. Given the lack of specific technical summary data and the current price stagnation at 56.00, there are insufficient indicators to determine a clear bullish or bearish stance. The stock's performance has significantly lagged behind the Sensex over various time frames, particularly with a year-to-date return of -40.36%. Overall, the current technical stance is neutral due to the absence of qualifying indicators.

Who are in the management team of Ekennis Software?

As of March 2023, the management team of Ekennis Software includes Manisha Sharma (Chairman & Managing Director), Ruchita Joshi (Non-Executive & Non-Independent Director), and three Independent Non-Executive Directors: Shilpi Sharma, Urvashi Upadhyay, and Uma Krishnan. Manisha Sharma is the only member with specified remuneration, earning 18.0 lacs INR, while the others have varying or no remuneration.

As of March 2023, the management team of Ekennis Software includes the following members:<BR><BR>1. Manisha Sharma - Chairman & Managing Director<BR>2. Ruchita Joshi - Non-Executive & Non-Independent Director<BR>3. Shilpi Sharma - Independent Non-Executive Director<BR>4. Urvashi Upadhyay - Independent Non-Executive Director<BR>5. Uma Krishnan - Independent Non-Executive Director<BR><BR>Manisha Sharma is the only member with a specified remuneration, receiving 18.0 lacs INR, while the other directors have varying remuneration details, with some receiving none.

Who are the top shareholders of the Ekennis Software?

The top shareholder of Ekennis Software is Manisha Sharma, who holds 71.42% of the shares. Individual investors own 26.91%, while the highest public shareholder, Mohmmedhanif Noorbhai Mahida, has 1.2%.

The top shareholders of Ekennis Software are primarily the promoters, with Manisha Sharma holding the largest share at 71.42%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Mohmmedhanif Noorbhai Mahida, who owns 1.2%. Additionally, individual investors collectively hold 26.91% of the company's shares.

How big is Ekennis Software?

As of 18th July, Ekennis Software Service Ltd has a market capitalization of 8.00 Cr and reported net sales of 8.57 Cr and net profit of 1.86 Cr over the last three quarters.

As of 18th July, <BR><BR>Market Cap: Ekennis Software Service Ltd has a market capitalization of 8.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest three quarters is 8.57 Cr, while the sum of Net Profit for the same period is 1.86 Cr.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2024, with Shareholder's Funds amounting to 5.01 Cr and Total Assets totaling 5.60 Cr.

How has been the historical performance of Ekennis Software?

Ekennis Software experienced a significant decline in financial performance from March 2023 to March 2024, with net sales dropping from 6.33 Cr to 2.80 Cr and profit after tax falling to 0.00 Cr from 0.78 Cr. Key metrics such as operating profit margin and earnings per share also decreased sharply during this period.

Answer:<BR>The historical performance of Ekennis Software shows a significant decline in key financial metrics from March 2023 to March 2024.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2024, Ekennis Software reported net sales of 2.80 Cr, a decrease from 6.33 Cr in the previous year. Total operating income mirrored this decline, falling to 2.80 Cr from 6.33 Cr. The company's total expenditure also decreased to 2.71 Cr from 5.21 Cr, primarily driven by a reduction in employee costs, which dropped to 1.29 Cr from 3.62 Cr. Operating profit (PBDIT) decreased to 0.29 Cr from 1.28 Cr, and profit before tax fell sharply to 0.04 Cr from 1.11 Cr. Consequently, profit after tax plummeted to 0.00 Cr from 0.78 Cr, resulting in an earnings per share (EPS) of 0.0 compared to 5.57 in the prior year. The operating profit margin also contracted significantly to 3.21% from 17.69%, while the profit after tax margin fell to 0.0% from 12.32%. On the balance sheet, total liabilities decreased to 5.60 Cr from 5.97 Cr, and total assets also declined to 5.60 Cr from 5.97 Cr, with cash and cash equivalents remaining stable at 2.00 Cr. Overall, the financial performance of Ekennis Software reflects a challenging year with substantial declines across multiple key metrics.

When is the next results date for Ekennis Software Service Ltd?

The next results date for Ekennis Software Service Ltd is 28 May 2026.

The next results date for Ekennis Software Service Ltd is scheduled for 28 May 2026.

Why is Ekennis Software Service Ltd falling/rising?

As of 02-Jun, Ekennis Software Service Ltd's stock price is Rs 142.40, reflecting a 4.97% decline today and underperformance against its sector. Despite a strong yearly increase of 154.29%, recent erratic trading and a significant drop contribute to the current negative trend.

As of 02-Jun, Ekennis Software Service Ltd's stock price is currently at Rs 142.40, with no change from the previous trading session. The stock has shown a significant decline today, opening with a loss of 4.97% and touching an intraday low of Rs 142.40. This performance indicates that the stock is underperforming compared to its sector, with a negative performance of 5.17%.<BR><BR>In the past week, the stock has decreased by 4.97%, while over the past month, it has seen a slight decline of 0.25%. Year-to-date, the stock is down 5.22%, although it has performed exceptionally well over the past year, with an increase of 154.29%. However, the recent trend shows a concerning pattern, as the stock did not trade on 4 out of the last 20 days, indicating erratic trading behavior.<BR><BR>Despite the current decline, there has been a notable increase in investor participation, with delivery volume rising by 11,900% on May 22 compared to the 5-day average. This suggests that while the stock is currently falling, there is a growing interest among investors. The stock's moving averages indicate that it is performing higher than the 20-day, 50-day, 100-day, and 200-day moving averages, but lower than the 5-day moving average, which may reflect short-term volatility.<BR><BR>Overall, the combination of today's significant drop, underperformance against the sector, and erratic trading behavior contributes to the current decline in Ekennis Software Service Ltd's stock price.

Which are the latest news on Ekennis Software?