Covance Softsol

  • Market Cap: Micro Cap
  • Industry: Computers - Software & Consulting
  • ISIN: INE0R8101016
  • NSEID:
  • BSEID: 544361
INR
151.05
-5.9 (-3.76%)
BSENSE

Jun 12, 10:38 AM

BSE+NSE Vol: 4044

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Covance Softsol
Exato Technologi
Sigma Solve
Mold-Tek Technol
XT Global Infot.
Alphalogic Tech.
Trejhara Solutio
3i Infotech
Workmates Core2
Systango Tech
Virtual Galaxy

Why is Covance Softsol Ltd ?

1
The company is Net-Debt Free
2
Healthy long term growth as Net Sales has grown by an annual rate of 54.50% and Operating profit at 546.37%
3
The company has declared Positive results for the last 4 consecutive quarters
  • PAT(9M) Higher at Rs 26.59 Cr
  • NET SALES(Q) At Rs 42.69 cr has Grown at 34.0% (vs previous 4Q average)
4
With ROE of 20.4, it has a Very Attractive valuation with a 2.1 Price to Book Value
  • Over the past year, while the stock has generated a return of 1376.28%, its profits have risen by 184% ; the PEG ratio of the company is 0.1
5
Majority shareholders : Promoters
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Covance Softsol should be less than 10%
  2. Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Covance Softsol for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Covance Softsol
1348.0%
42.19
32.62%
Sensex
-8.73%
-0.67
13.06%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
54.50%
EBIT Growth (5y)
546.37%
EBIT to Interest (avg)
4.61
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.27
Sales to Capital Employed (avg)
0.88
Tax Ratio
26.09%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-32.56%
ROE (avg)
16.83%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
10
Industry P/E
20
Price to Book Value
2.06
EV to EBIT
3.20
EV to EBITDA
3.17
EV to Capital Employed
-2.89
EV to Sales
0.91
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
20.38%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
Bearish
Bearish
Bollinger Bands
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Dow Theory
No Trend
Bullish
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

19What is working for the Company
PAT(9M)

Higher at Rs 26.59 Cr

NET SALES(Q)

At Rs 42.69 cr has Grown at 34.0% (vs previous 4Q average

-3What is not working for the Company
INTEREST(Q)

Highest at Rs 1.93 cr

Loading Valuation Snapshot...

Here's what is working for Covance Softsol

Profit After Tax (PAT) - Latest six months
At Rs 18.91 cr has Grown at 2,029.59%
Year on Year (YoY)
MOJO Watch
PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Latest six months
Higher at Rs 18.91 cr
than preceding 12 month period ended Mar 2026 of Rs 14.48 cr
MOJO Watch
In the half year the company has already crossed PAT of the previous twelve months

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 42.69 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 42.69 cr has Grown at 34.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 31.87 Cr
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Covance Softsol

Interest - Quarterly
At Rs 1.93 cr has Grown at 75.45%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Interest - Quarterly
Highest at Rs 1.93 cr
in the last five quarters and Increased by 75.45 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)