Icodex Publish.

Why is Icodex Publishing Solutions Ltd falling/rising?

As of 12-Jul, Icodex Publishing Solutions Ltd's stock price is Rs 38.00, down 4.88%, significantly underperforming its sector. The stock has seen a consistent decline over various time frames, with a year-to-date drop of 20.00%, and is trading below all major moving averages, indicating a downward trend and decreased investor interest.

As of 12-Jul, Icodex Publishing Solutions Ltd's stock price is falling, currently at Rs 38.00, reflecting a decrease of Rs 1.95 or 4.88%. The stock has underperformed significantly today, with a performance that is 6.73% lower than its sector. It opened with a loss of 4.88% and reached an intraday low of Rs 37.65, which is a decline of 5.76%. <BR><BR>Over the past week, the stock has decreased by 5.66%, while the benchmark Sensex has only fallen by 0.25%. In the last month, Icodex's stock has dropped 15.56%, contrasting sharply with the Sensex's increase of 4.85%. Year-to-date, the stock is down 20.00%, compared to the Sensex's decline of 8.98%. <BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend. There has also been a significant drop in investor participation, with delivery volume on 08 Jul falling by 96.4% compared to the 5-day average. This lack of trading activity suggests a decrease in investor interest, contributing to the stock's decline. Overall, these factors indicate a clear downward trajectory for Icodex Publishing Solutions Ltd's stock price.

Which are the latest news on Icodex Publish.?

What does Icodex Publish. do?

Icodex Publishing Solutions Ltd provides software products for the scholarly and academic publishing industry and operates in the micro-cap market, with a market cap of INR 70 Cr. The company has no recent sales or profit data available.

Overview: <BR>Icodex Publishing Solutions Ltd provides software products to the scholarly and academic publishing industry and operates within the micro-cap market.<BR><BR>History: <BR>Icodex Publishing Solutions Ltd was incorporated on May 28, 2018, originally as Icodex Publishing Solutions Private Limited. The company later changed its status to Icodex Publishing Solutions Limited on August 20, 2024. There is no sales or profit data available for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 70 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.10 <BR>Return on Equity: 12.59% <BR>Price-to-Book: 1.24 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

Who are the peers of the Icodex Publish.?

Icodex Publish.'s peers include Ace Soft. Exp., Xelpmoc Design, BITS, Kati Patang Life, Cranes Software, Odyssey Tech., Netlink Solns(I), and Olatech Solution. Icodex Publish. shows excellent management risk, growth, and capital structure, while peers exhibit varying levels of performance and risk.

Peers: The peers of Icodex Publish. are Ace Soft. Exp., Xelpmoc Design, BITS, Kati patang Life, Cranes Software, Odyssey Tech., Netlink Solns(I), and Olatech Solution.<BR><BR>Quality Snapshot: Excellent management risk is observed at Icodex Publish., while Below Average management risk is found at Ace Soft. Exp., Xelpmoc Design, BITS, Kati patang Life, and Odyssey Tech., and Average management risk is noted at Netlink Solns(I). In terms of Growth, Icodex Publish. shows Excellent growth, while Good growth is seen at Ace Soft. Exp., Olatech Solution, and the rest exhibit Below Average growth. For Capital Structure, Icodex Publish. has Excellent capital structure, while Good capital structure is present at Ace Soft. Exp., Olatech Solution, and BITS has Good capital structure, with the rest showing Below Average or does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Netlink Solns(I) at 16.58%, while the peer with the lowest is Odyssey Tech. at -61.74%. Icodex Publish. does not have a 1-year return available for comparison. Additionally, several peers, including Kati patang Life, Odyssey Tech., Olatech Solution, and Cranes Software, have negative six-month returns.

When is the next results date for Icodex Publishing Solutions Ltd?

The next results date for Icodex Publishing Solutions Ltd is 15 May 2026.

The next results date for Icodex Publishing Solutions Ltd is scheduled for 15 May 2026.

Is Icodex Publish. overvalued or undervalued?

As of November 18, 2025, Icodex Publish. is rated very attractive and undervalued with a PE ratio of 9.77 and strong ROCE of 35.32%, significantly outperforming peers like TCS and Infosys, despite recent underperformance against the Sensex, while showing a robust 21.45% return over the past month.

As of 18 November 2025, the valuation grade for Icodex Publish. has moved from does not qualify to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued, supported by a PE ratio of 9.77, an EV to EBIT of 5.39, and a robust ROCE of 35.32%. <BR><BR>In comparison to its peers, TCS has a PE ratio of 22.2 and EV to EBITDA of 15.6, while Infosys shows a PE of 21.95 and an EV to EBITDA of 14.37. These comparisons highlight Icodex Publish.'s favorable valuation metrics relative to established competitors in the software products industry. Additionally, while the stock has recently underperformed the Sensex over the past week, it has shown a strong return of 21.45% over the past month, reinforcing the potential for growth as it aligns more closely with its intrinsic value.

How has been the historical performance of Icodex Publish.?

Icodex Publish has shown strong financial growth over the past two years, with net sales increasing to 10.40 Cr in March 2024 from 9.54 Cr in March 2023, and profit after tax rising to 4.40 Cr from 1.81 Cr. Key metrics such as operating profit margin and total assets have also improved significantly during this period.

Answer:<BR>The historical performance of Icodex Publish shows a positive trend in key financial metrics over the past two years.<BR><BR>Breakdown:<BR>In the standalone annual results for March 2024, Icodex Publish reported net sales of 10.40 Cr, an increase from 9.54 Cr in March 2023. Total operating income also rose to 10.40 Cr from 9.54 Cr, while total expenditure decreased to 6.14 Cr from 7.59 Cr, leading to an operating profit (PBDIT) of 4.85 Cr, up from 2.13 Cr the previous year. Profit before tax improved significantly to 4.45 Cr from 1.84 Cr, resulting in a profit after tax of 4.40 Cr compared to 1.81 Cr in the prior year. The operating profit margin increased to 40.96% from 20.44%, and the profit after tax margin rose to 42.31% from 18.97%. On the balance sheet, total assets grew to 24.75 Cr in March 2025 from 10.67 Cr in March 2024, with total liabilities also increasing to 24.75 Cr from 10.67 Cr. Cash flow from operating activities improved to 6.00 Cr from 3.00 Cr, while cash flow from investing activities showed a larger outflow of -9.00 Cr compared to -3.00 Cr the previous year. Overall, Icodex Publish has demonstrated strong growth in sales, profitability, and asset accumulation over the reported periods.