Ekennis Software

Why is Ekennis Software Service Ltd falling/rising?

As of 17-Jul, Ekennis Software Service Ltd's stock price is at 73.30, unchanged from the previous session. The stock has significantly underperformed, with declines of 9.73% over the past week and 51.21% year-to-date, indicating a persistent downward trend.

As of 17-Jul, Ekennis Software Service Ltd's stock price is currently at 73.30, showing no change from the previous trading session. The stock has been underperforming significantly, with a decline of 9.73% over the past week and a staggering 36.84% drop over the last month. Year-to-date, the stock has fallen by 51.21%, while the benchmark Sensex has only decreased by 8.30% during the same period. <BR><BR>Today's trading performance reflects a negative trend, as the stock opened with a loss of 4.99% and reached an intraday low of Rs 73.3. It has not traded above this price throughout the day, indicating a lack of upward momentum. Additionally, Ekennis Software is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a persistent downward trend. The stock has also underperformed its sector by 5.72% today and has shown erratic trading patterns, having not traded on one day out of the last 20 days. <BR><BR>Overall, the combination of significant declines in stock performance over various periods, poor trading activity, and underperformance relative to benchmarks and sector indicates that Ekennis Software Service Ltd is currently experiencing a downward trend in its stock price.

Which are the latest news on Ekennis Software?

What does Ekennis Software do?

Ekennis Software Service Ltd is a Micro Cap company in the software and consulting industry, incorporated in 2019 and transitioned to a public limited status in 2021. As of September 2025, it reported net sales of 1 Cr and a net profit of -1 Cr, with a market cap of INR 18 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" following a Special Resolution passed by shareholders on November 05, 2021. The most recent quarterly results reported net sales and net profit for the period ending September 2025.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 1 Cr (Quarterly Results - Sep 2025)<BR>- Most recent Net Profit: -1 Cr (Quarterly Results - Sep 2025)<BR>- Market-cap value: INR 18 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 1.50<BR>- Return on Equity: -42.08%<BR>- Price-to-Book: 7.50<BR><BR>Contact Details:<BR>No Company Details Available. Registrar Address: Not available.

How big is Ekennis Software?

As of 10th June, Ekennis Software Service Ltd has a market capitalization of 18.00 Cr and reported Net Sales of 6.93 Cr with a Net Profit loss of 1.37 Cr over the latest 4 quarters. Shareholder's Funds are valued at 5.01 Cr, and Total Assets amount to 5.60 Cr.

As of 10th June, Ekennis Software Service Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Ekennis Software reported Net Sales of 6.93 Cr. However, the company experienced a loss of 1.37 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 5.01 Cr, while Total Assets amount to 5.60 Cr.

Who are in the management team of Ekennis Software?

The management team of Ekennis Software includes Manisha Sharma (Chairman & Managing Director), Ruchita Joshi (Non-Executive & Non-Independent Director), and four Independent Non-Executive Directors: Shilpi Sharma, Urvashi Upadhyay, and Uma Krishnan.

The management team of Ekennis Software includes the following individuals:<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>If you need more specific details about their roles or contributions, feel free to ask!

Who are the peers of the Ekennis Software?

Ekennis Software's peers include Niks Technology, Senthil Infotek, United Interacti, Panabyte Tech, Southern Infocon, Cyber Media Res., Tridhya Tech, and Quadpro ITeS. Ekennis Software has the highest 1-year return at 118.13%, while its management and growth risks are rated below average compared to its peers.

Peers: The peers of Ekennis Software are Niks Technology, Senthil Infotek, United Interacti, Panabyte Tech, Southern Infocon, Cyber Media Res., Tridhya Tech, and Quadpro ITeS.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cyber Media Res., while Below Average management risk is found at Niks Technology, Ekennis Software, United Interacti, Panabyte Tech, Southern Infocon, Tridhya Tech, and Quadpro ITeS. Senthil Infotek does not qualify for management risk assessment. Average growth is noted at Niks Technology, while Below Average growth is seen at Ekennis Software, United Interacti, Panabyte Tech, Southern Infocon, Tridhya Tech, and Quadpro ITeS. Senthil Infotek does not qualify for growth assessment. Good capital structure is present at Niks Technology, Southern Infocon, and Quadpro ITeS, while Below Average capital structure is observed at Ekennis Software, United Interacti, Panabyte Tech, Tridhya Tech, and Senthil Infotek does not qualify for capital structure assessment.<BR><BR>Return Snapshot: Ekennis Software has the highest 1-year return at 118.13%, while United Interacti has the lowest at -31.32%. Compared to its peers, Ekennis Software's return is significantly higher. Additionally, the six-month returns are negative for Niks Technology, Panabyte Tech, United Interacti, Southern Infocon, and Ekennis Software.

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.

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.

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.

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.

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.